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labelthumbs({"version":"1.0","encoding":"UTF-8","feed":{"xmlns":"http://www.w3.org/2005/Atom","xmlns$openSearch":"http://a9.com/-/spec/opensearchrss/1.0/","xmlns$blogger":"http://schemas.google.com/blogger/2008","xmlns$georss":"http://www.georss.org/georss","xmlns$gd":"http://schemas.google.com/g/2005","xmlns$thr":"http://purl.org/syndication/thread/1.0","id":{"$t":"tag:blogger.com,1999:blog-5521125716068854336"},"updated":{"$t":"2015-09-11T19:57:38.498+05:30"},"category":[{"term":"Copper"},{"term":"CRUDE"},{"term":"Technical Comment \u0026 Charts"},{"term":"Nickel"},{"term":"Zinc"},{"term":"Gold"},{"term":"Lead"},{"term":"Silver"},{"term":"TECHNICAL LEVELS"},{"term":"Commodity News"},{"term":"Aluminium"},{"term":"Natural Gas"},{"term":"MCX Commodity"},{"term":"TECHNICAL Chart"},{"term":"MCX Chart"},{"term":"mcx tips software"},{"term":"News"},{"term":"Gold \u0026 Crude Oil Technical Pre-session commentary"},{"term":"mcx crude"},{"term":"Copper loses momentum"},{"term":"Pivot"},{"term":"Rupee"},{"term":"sgx nifty live"},{"term":"writing on Indian Currency note"}],"title":{"type":"text","$t":"SHUBHLAXMI COMMODITY"},"subtitle":{"type":"html","$t":"The complete stock portal Indian stock market (MCX,NCDEX,NSE,BSE) International, Nymex,World Market Live Rate Daily Pivot Point GOLD,SILVER,Crude,Copper,Lead,Zink,Nickel,NG Free Power Levels \u0026amp; Breaking news, scrap, Scrap price, Trading calls,short term picks,results \u0026amp; more and Best Buy Sell Signal Software for NSE Futures, Nifty, Currency and MCX and Ncdex Commodities- Compatible with All Types of Browsers and also App for Android and windows SmartPhones and Personal Computer"},"link":[{"rel":"http://schemas.google.com/g/2005#feed","type":"application/atom+xml","href":"http:\/\/www.shubhlaxmicommodity.com\/feeds\/posts\/default"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/5521125716068854336\/posts\/default\/-\/Technical+Comment+%26+Charts?alt=json-in-script"},{"rel":"alternate","type":"text/html","href":"http:\/\/www.shubhlaxmicommodity.com\/search\/label\/Technical%20Comment%20%26%20Charts"},{"rel":"hub","href":"http://pubsubhubbub.appspot.com/"},{"rel":"next","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/5521125716068854336\/posts\/default\/-\/Technical+Comment+%26+Charts\/-\/Technical+Comment+%26+Charts?alt=json-in-script\u0026start-index=26\u0026max-results=25"}],"author":[{"name":{"$t":"Shubhlaxmi Harish"},"uri":{"$t":"https:\/\/plus.google.com\/109114604645456401059"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"32","height":"32","src":"\/\/lh4.googleusercontent.com\/-zpgpvNfS450\/AAAAAAAAAAI\/AAAAAAAASPs\/--U4fEkyPFo\/s512-c\/photo.jpg"}}],"generator":{"version":"7.00","uri":"http://www.blogger.com","$t":"Blogger"},"openSearch$totalResults":{"$t":"33"},"openSearch$startIndex":{"$t":"1"},"openSearch$itemsPerPage":{"$t":"25"},"entry":[{"id":{"$t":"tag:blogger.com,1999:blog-5521125716068854336.post-1274133332550832580"},"published":{"$t":"2015-09-11T18:59:00.003+05:30"},"updated":{"$t":"2015-09-11T18:59:22.223+05:30"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"CRUDE"},{"scheme":"http://www.blogger.com/atom/ns#","term":"mcx crude"},{"scheme":"http://www.blogger.com/atom/ns#","term":"News"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Technical Comment \u0026 Charts"}],"title":{"type":"text","$t":"11 Sep 2015 Technical Chart Crude oil Bullish stance"},"content":{"type":"html","$t":"\u003Ca href=\"http:\/\/2.bp.blogspot.com\/-vu5_kve1kzQ\/VbmviGHJxcI\/AAAAAAAATj4\/XAjGc0Tv5WI\/s1600\/Crude-Oil-3.jpg\" imageanchor=\"1\"\u003E\u003Cimg border=\"0\" height=\"371\" src=\"http:\/\/2.bp.blogspot.com\/-vu5_kve1kzQ\/VbmviGHJxcI\/AAAAAAAATj4\/XAjGc0Tv5WI\/s640\/Crude-Oil-3.jpg\" width=\"640\" \/\u003E\u003C\/a\u003E \u003Ca href=\"http:\/\/1.bp.blogspot.com\/-kxo5pUIQfuA\/VfLXDODSkXI\/AAAAAAAAUSM\/twRodBv75Fo\/s1600\/Chart101.jpg\" imageanchor=\"1\"\u003E\u003Cimg border=\"0\" src=\"http:\/\/1.bp.blogspot.com\/-kxo5pUIQfuA\/VfLXDODSkXI\/AAAAAAAAUSM\/twRodBv75Fo\/s1600\/Chart101.jpg\" \/\u003E\u003C\/a\u003E\u003Cbr \/\u003E\u003Cbr \/\u003E\u003Cdiv style=\"text-align: justify;\"\u003E The adjacent chart shows the price movement of MCX crude oil continuous contract. Recently, the oil witnessed a sharp bounce after the multi-month correction. It broke out from the medium-term falling trendline. First leg of the bounce retraced 50% of the fall. From thereon the oil is forming a minor degree correction and is testing the key daily moving averages. It has a potential to form a triangular pattern, which will be a bullish one. Once the minor degree correction is over, the oil can start its next leg on the upside. The short-term momentum indicators are in a bullish mode. A key support zone on closing basis will be Rs2,921-2,880. On the higher side, an immediate resistance is at Rs3,095. Once that is crossed, Rs3,260–3,425 will be the target zone from short-to-medium term perspective. \u003C\/div\u003E"},"link":[{"rel":"edit","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/5521125716068854336\/posts\/default\/1274133332550832580"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/5521125716068854336\/posts\/default\/1274133332550832580"},{"rel":"alternate","type":"text/html","href":"http:\/\/www.shubhlaxmicommodity.com\/2015\/09\/11-sep-2015-technical-chart-crude-oil.html","title":"11 Sep 2015 Technical Chart Crude oil Bullish stance"}],"author":[{"name":{"$t":"Shubhlaxmi Harish"},"uri":{"$t":"https:\/\/plus.google.com\/109114604645456401059"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"32","height":"32","src":"\/\/lh4.googleusercontent.com\/-zpgpvNfS450\/AAAAAAAAAAI\/AAAAAAAASPs\/--U4fEkyPFo\/s512-c\/photo.jpg"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"http:\/\/2.bp.blogspot.com\/-vu5_kve1kzQ\/VbmviGHJxcI\/AAAAAAAATj4\/XAjGc0Tv5WI\/s72-c\/Crude-Oil-3.jpg","height":"72","width":"72"}},{"id":{"$t":"tag:blogger.com,1999:blog-5521125716068854336.post-2727691643371960964"},"published":{"$t":"2015-09-09T19:56:00.006+05:30"},"updated":{"$t":"2015-09-09T19:56:53.878+05:30"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"News"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Nickel"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Technical Comment \u0026 Charts"}],"title":{"type":"text","$t":"09 Sep 2015 Technical Chart Nickel Bounce on the cards"},"content":{"type":"html","$t":"\u003Ca href=\"http:\/\/2.bp.blogspot.com\/-93Wy5HMdc7w\/VfBA7-oTV_I\/AAAAAAAAUR0\/9O23yE_SP2s\/s1600\/nickel3.jpg\" imageanchor=\"1\"\u003E\u003Cimg border=\"0\" height=\"419\" src=\"http:\/\/2.bp.blogspot.com\/-93Wy5HMdc7w\/VfBA7-oTV_I\/AAAAAAAAUR0\/9O23yE_SP2s\/s640\/nickel3.jpg\" width=\"640\" \/\u003E\u003C\/a\u003E \u003Ca href=\"http:\/\/1.bp.blogspot.com\/-jsjBoyqKUEg\/VfBBBSr6U1I\/AAAAAAAAUR8\/5szdIi89iS4\/s1600\/Chart101.jpg\" imageanchor=\"1\"\u003E\u003Cimg border=\"0\" src=\"http:\/\/1.bp.blogspot.com\/-jsjBoyqKUEg\/VfBBBSr6U1I\/AAAAAAAAUR8\/5szdIi89iS4\/s1600\/Chart101.jpg\" \/\u003E\u003C\/a\u003E\u003Cbr \/\u003E\u003Cbr \/\u003E\u003Cdiv style=\"text-align: justify;\"\u003E The adjacent chart shows the price movement of MCX nickel continuous contract. The base metal has been trading in a multi-month falling channel. Recently, it found support near the lower end of the channel. From thereon it has entered a pullback mode. In the last session, nickel has formed a bullish outside bar and has crossed the 20-day moving average on a closing basis. The daily momentum indicator is in a bullish mode. These observations suggest that the bulls are having upper hand on the commodity. Key levels on the upside will be Rs690–703. On the other hand, a low of the bullish bar, ie Rs.646, will act as a key support.\u003C\/div\u003E"},"link":[{"rel":"edit","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/5521125716068854336\/posts\/default\/2727691643371960964"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/5521125716068854336\/posts\/default\/2727691643371960964"},{"rel":"alternate","type":"text/html","href":"http:\/\/www.shubhlaxmicommodity.com\/2015\/09\/09-sep-2015-technical-chart-nickel.html","title":"09 Sep 2015 Technical Chart Nickel Bounce on the cards"}],"author":[{"name":{"$t":"Shubhlaxmi Harish"},"uri":{"$t":"https:\/\/plus.google.com\/109114604645456401059"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"32","height":"32","src":"\/\/lh4.googleusercontent.com\/-zpgpvNfS450\/AAAAAAAAAAI\/AAAAAAAASPs\/--U4fEkyPFo\/s512-c\/photo.jpg"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"http:\/\/2.bp.blogspot.com\/-93Wy5HMdc7w\/VfBA7-oTV_I\/AAAAAAAAUR0\/9O23yE_SP2s\/s72-c\/nickel3.jpg","height":"72","width":"72"}},{"id":{"$t":"tag:blogger.com,1999:blog-5521125716068854336.post-3119527214258104711"},"published":{"$t":"2015-09-07T18:22:00.001+05:30"},"updated":{"$t":"2015-09-07T18:22:09.070+05:30"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Copper"},{"scheme":"http://www.blogger.com/atom/ns#","term":"News"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Technical Comment \u0026 Charts"}],"title":{"type":"text","$t":"07 Sep 2015 Technical Chart Copper Keep an eye"},"content":{"type":"html","$t":"\u003Ca href=\"http:\/\/4.bp.blogspot.com\/-T6HW8df3te4\/VdKu8jkt0bI\/AAAAAAAATqs\/fN04fRSZceg\/s1600\/copper-13.jpg\" imageanchor=\"1\"\u003E\u003Cimg border=\"0\" src=\"http:\/\/4.bp.blogspot.com\/-T6HW8df3te4\/VdKu8jkt0bI\/AAAAAAAATqs\/fN04fRSZceg\/s1600\/copper-13.jpg\" \/\u003E\u003C\/a\u003E \u003Ca href=\"http:\/\/1.bp.blogspot.com\/-hdLGh6GzU10\/Ve2IGbIqs7I\/AAAAAAAAURI\/y-YOAkX_btk\/s1600\/Chart101.jpg\" imageanchor=\"1\"\u003E\u003Cimg border=\"0\" src=\"http:\/\/1.bp.blogspot.com\/-hdLGh6GzU10\/Ve2IGbIqs7I\/AAAAAAAAURI\/y-YOAkX_btk\/s1600\/Chart101.jpg\" \/\u003E\u003C\/a\u003E\u003Cbr \/\u003E\u003Cbr \/\u003E\u003Cdiv style=\"text-align: justify;\"\u003E COMEX copper had formed a complex pullback, which had faced resistance near the 61.8% retracement of the entire previous fall ($3.294-2.419). From the key Fibonacci level, the red metal tumbled towards a crucial multi-month trend line and the lower end of the medium-term falling channel. Copper formed a short-term base near those supports and has started moving up. It has surpassed a medium-term falling trendline. The short-term momentum indicators have turned bullish. Thus, copper can attempt a bounce till $2.50-2.58. The recent low of $2.209 will act as a strong support.\u003C\/div\u003E"},"link":[{"rel":"edit","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/5521125716068854336\/posts\/default\/3119527214258104711"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/5521125716068854336\/posts\/default\/3119527214258104711"},{"rel":"alternate","type":"text/html","href":"http:\/\/www.shubhlaxmicommodity.com\/2015\/09\/07-sep-2015-technical-chart-copper-keep.html","title":"07 Sep 2015 Technical Chart Copper Keep an eye"}],"author":[{"name":{"$t":"Shubhlaxmi Harish"},"uri":{"$t":"https:\/\/plus.google.com\/109114604645456401059"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"32","height":"32","src":"\/\/lh4.googleusercontent.com\/-zpgpvNfS450\/AAAAAAAAAAI\/AAAAAAAASPs\/--U4fEkyPFo\/s512-c\/photo.jpg"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"http:\/\/4.bp.blogspot.com\/-T6HW8df3te4\/VdKu8jkt0bI\/AAAAAAAATqs\/fN04fRSZceg\/s72-c\/copper-13.jpg","height":"72","width":"72"}},{"id":{"$t":"tag:blogger.com,1999:blog-5521125716068854336.post-2905920555686095889"},"published":{"$t":"2015-08-24T19:26:00.005+05:30"},"updated":{"$t":"2015-09-11T19:00:54.674+05:30"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"CRUDE"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Technical Comment \u0026 Charts"}],"title":{"type":"text","$t":"24 Aug 2015 Technical Chart Crude oil Fall continues"},"content":{"type":"html","$t":"\u003Cdiv class=\"separator\" style=\"clear: both; text-align: center;\"\u003E\u003Ca href=\"http:\/\/3.bp.blogspot.com\/-cuIki85Bzq8\/VS9StEhJ4dI\/AAAAAAAATIw\/Ywrt6d3M-Eg\/s1600\/crude-oil-2.jpg\" imageanchor=\"1\" style=\"clear: left; float: left; margin-bottom: 1em; margin-right: 1em;\"\u003E\u003Cimg border=\"0\" src=\"http:\/\/3.bp.blogspot.com\/-cuIki85Bzq8\/VS9StEhJ4dI\/AAAAAAAATIw\/Ywrt6d3M-Eg\/s1600\/crude-oil-2.jpg\" \/\u003E\u003C\/a\u003E\u003C\/div\u003E\u003Cdiv class=\"separator\" style=\"clear: both; text-align: center;\"\u003E\u003Ca href=\"http:\/\/4.bp.blogspot.com\/-H2MgbSgwfDA\/VdsiTsAdCRI\/AAAAAAAATvs\/Vo8uBx00qvE\/s1600\/Chart101.jpg\" imageanchor=\"1\" style=\"clear: left; float: left; margin-bottom: 1em; margin-right: 1em;\"\u003E\u003Cimg border=\"0\" src=\"http:\/\/4.bp.blogspot.com\/-H2MgbSgwfDA\/VdsiTsAdCRI\/AAAAAAAATvs\/Vo8uBx00qvE\/s1600\/Chart101.jpg\" \/\u003E\u003C\/a\u003E\u003C\/div\u003E\u003Cdiv style=\"text-align: justify;\"\u003E\u003Cspan style=\"font-family: Verdana, sans-serif;\"\u003ESince the beginning of July crude oil has been falling down sharply. The fall is breaking up into lower degree waves. The short-term as well as medium-term momentum indicators are in a bearish mode. In terms of wave structure the oil is forming an impulse on the downside and the fifth leg is forming an extension on the downside. The oil has broken the low of $42.03 on closing basis. Subsequent level on the downside will be $38-35. On the other hand, the swing high of $43.18 will act as a key resistance.\u003C\/span\u003E\u003C\/div\u003E"},"link":[{"rel":"edit","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/5521125716068854336\/posts\/default\/2905920555686095889"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/5521125716068854336\/posts\/default\/2905920555686095889"},{"rel":"alternate","type":"text/html","href":"http:\/\/www.shubhlaxmicommodity.com\/2015\/08\/24-aug-2015-technical-chart-crude-oil.html","title":"24 Aug 2015 Technical Chart Crude oil Fall continues"}],"author":[{"name":{"$t":"Shubhlaxmi Harish"},"uri":{"$t":"https:\/\/plus.google.com\/109114604645456401059"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"32","height":"32","src":"\/\/lh4.googleusercontent.com\/-zpgpvNfS450\/AAAAAAAAAAI\/AAAAAAAASPs\/--U4fEkyPFo\/s512-c\/photo.jpg"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"http:\/\/3.bp.blogspot.com\/-cuIki85Bzq8\/VS9StEhJ4dI\/AAAAAAAATIw\/Ywrt6d3M-Eg\/s72-c\/crude-oil-2.jpg","height":"72","width":"72"}},{"id":{"$t":"tag:blogger.com,1999:blog-5521125716068854336.post-529021469978855388"},"published":{"$t":"2015-08-21T17:11:00.002+05:30"},"updated":{"$t":"2015-09-11T19:00:32.858+05:30"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Lead"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Technical Comment \u0026 Charts"}],"title":{"type":"text","$t":"21 Aug 2015 Technical Chart Lead Keep under scanner"},"content":{"type":"html","$t":"\u003Cdiv class=\"separator\" style=\"clear: both; text-align: center;\"\u003E\u003Ca href=\"http:\/\/1.bp.blogspot.com\/-E2gqkQ2a77M\/VcydzUourII\/AAAAAAAATpQ\/A8AkvfrSTVs\/s1600\/Lead-5.jpg\" imageanchor=\"1\" style=\"clear: left; float: left; margin-bottom: 1em; margin-right: 1em;\"\u003E\u003Cimg border=\"0\" src=\"http:\/\/1.bp.blogspot.com\/-E2gqkQ2a77M\/VcydzUourII\/AAAAAAAATpQ\/A8AkvfrSTVs\/s1600\/Lead-5.jpg\" \/\u003E\u003C\/a\u003E\u003C\/div\u003E\u003Cdiv class=\"separator\" style=\"clear: both; text-align: center;\"\u003E\u003Ca href=\"http:\/\/4.bp.blogspot.com\/-IgdtmYyz1No\/VdcN4LZ7cGI\/AAAAAAAATvc\/bj_SERGgW_M\/s1600\/Chart101.jpg\" imageanchor=\"1\" style=\"clear: left; float: left; margin-bottom: 1em; margin-right: 1em;\"\u003E\u003Cimg border=\"0\" src=\"http:\/\/4.bp.blogspot.com\/-IgdtmYyz1No\/VdcN4LZ7cGI\/AAAAAAAATvc\/bj_SERGgW_M\/s1600\/Chart101.jpg\" \/\u003E\u003C\/a\u003E\u003C\/div\u003E\u003Cdiv style=\"text-align: justify;\"\u003E\u003Cspan style=\"font-family: Verdana, sans-serif;\"\u003EIn the last few sessions, MCX lead formed a short-term pullback, which retraced 61.8% of the previous fall. It also faced resistance near the 40-day exponential moving average and the daily upper Bollinger band. Thus, from thereon lead started falling down. On the downside Rs.107.50-107.00 will be the key area to watch out for. A larger downside can be expected once the support zone breaks. On the other hand, the swing high of Rs.114.65 will act as a key resistance. If bulls manage to surpass that hurdle then lead will be poised for a significant upside.\u003C\/span\u003E\u003C\/div\u003E"},"link":[{"rel":"edit","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/5521125716068854336\/posts\/default\/529021469978855388"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/5521125716068854336\/posts\/default\/529021469978855388"},{"rel":"alternate","type":"text/html","href":"http:\/\/www.shubhlaxmicommodity.com\/2015\/08\/21-aug-2015-technical-chart-lead-keep.html","title":"21 Aug 2015 Technical Chart Lead Keep under scanner"}],"author":[{"name":{"$t":"Shubhlaxmi Harish"},"uri":{"$t":"https:\/\/plus.google.com\/109114604645456401059"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"32","height":"32","src":"\/\/lh4.googleusercontent.com\/-zpgpvNfS450\/AAAAAAAAAAI\/AAAAAAAASPs\/--U4fEkyPFo\/s512-c\/photo.jpg"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"http:\/\/1.bp.blogspot.com\/-E2gqkQ2a77M\/VcydzUourII\/AAAAAAAATpQ\/A8AkvfrSTVs\/s72-c\/Lead-5.jpg","height":"72","width":"72"}},{"id":{"$t":"tag:blogger.com,1999:blog-5521125716068854336.post-3005281850881497855"},"published":{"$t":"2015-08-19T19:00:00.002+05:30"},"updated":{"$t":"2015-09-11T19:00:15.778+05:30"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Nickel"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Technical Comment \u0026 Charts"}],"title":{"type":"text","$t":"19 Aug 2015 Technical Chart Nickel Rolling down "},"content":{"type":"html","$t":"\u003Cdiv class=\"separator\" style=\"clear: both; text-align: center;\"\u003E\u003Ca href=\"http:\/\/1.bp.blogspot.com\/-wGvsmKO6hqs\/Va9Rm4-IGmI\/AAAAAAAATcU\/deb9OiB7YQQ\/s1600\/nickel.jpg\" imageanchor=\"1\" style=\"clear: left; float: left; margin-bottom: 1em; margin-right: 1em;\"\u003E\u003Cimg border=\"0\" height=\"480\" src=\"http:\/\/1.bp.blogspot.com\/-wGvsmKO6hqs\/Va9Rm4-IGmI\/AAAAAAAATcU\/deb9OiB7YQQ\/s640\/nickel.jpg\" width=\"640\" \/\u003E\u003C\/a\u003E\u003C\/div\u003E\u003Cdiv class=\"separator\" style=\"clear: both; text-align: center;\"\u003E\u003Ca href=\"http:\/\/3.bp.blogspot.com\/-SbvA0x8k8oM\/VdSEi13tVmI\/AAAAAAAATtc\/cbF5BBaZg4w\/s1600\/Chart101.jpg\" imageanchor=\"1\" style=\"clear: left; float: left; margin-bottom: 1em; margin-right: 1em;\"\u003E\u003Cimg border=\"0\" src=\"http:\/\/3.bp.blogspot.com\/-SbvA0x8k8oM\/VdSEi13tVmI\/AAAAAAAATtc\/cbF5BBaZg4w\/s1600\/Chart101.jpg\" \/\u003E\u003C\/a\u003E\u003C\/div\u003E\u003Cdiv style=\"text-align: justify;\"\u003EThe adjacent chart shows price movement of MCX nickel continuous contract. The base metal has been trading in a multi-month falling channel. Recently, it found support near the lower end of a medium-term falling channel and formed a pullback. However, it faced resistance near the key daily moving averages (DMAs). Thus, the base metal has started falling once again. Any minor degree bounce is being caped by the 20-DMA. Hence, unless 20-DMA, ie Rs702, is crossed nickel can fall towards the channel line, which is near Rs.650 and the monthly lower Bollinger band, which is near Rs.646.\u003C\/div\u003E"},"link":[{"rel":"edit","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/5521125716068854336\/posts\/default\/3005281850881497855"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/5521125716068854336\/posts\/default\/3005281850881497855"},{"rel":"alternate","type":"text/html","href":"http:\/\/www.shubhlaxmicommodity.com\/2015\/08\/19-aug-2015-technical-chart-nickel.html","title":"19 Aug 2015 Technical Chart Nickel Rolling down "}],"author":[{"name":{"$t":"Shubhlaxmi Harish"},"uri":{"$t":"https:\/\/plus.google.com\/109114604645456401059"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"32","height":"32","src":"\/\/lh4.googleusercontent.com\/-zpgpvNfS450\/AAAAAAAAAAI\/AAAAAAAASPs\/--U4fEkyPFo\/s512-c\/photo.jpg"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"http:\/\/1.bp.blogspot.com\/-wGvsmKO6hqs\/Va9Rm4-IGmI\/AAAAAAAATcU\/deb9OiB7YQQ\/s72-c\/nickel.jpg","height":"72","width":"72"}},{"id":{"$t":"tag:blogger.com,1999:blog-5521125716068854336.post-3523637474366458788"},"published":{"$t":"2015-08-17T17:21:00.000+05:30"},"updated":{"$t":"2015-08-31T11:16:18.088+05:30"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Copper"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Technical Comment \u0026 Charts"}],"title":{"type":"text","$t":"17 Aug 2015 Technical Chart Copper Battle continues"},"content":{"type":"html","$t":"\u003Cdiv class=\"separator\" style=\"clear: both; text-align: center;\"\u003E\u003Ca href=\"http:\/\/1.bp.blogspot.com\/-vc-wVAesru0\/VZS4e-tcY3I\/AAAAAAAATPY\/t4xfJpuPUiA\/s1600\/copper2.jpg\" imageanchor=\"1\" style=\"margin-left: 1em; margin-right: 1em;\"\u003E\u003Cimg border=\"0\" height=\"399\" src=\"http:\/\/1.bp.blogspot.com\/-vc-wVAesru0\/VZS4e-tcY3I\/AAAAAAAATPY\/t4xfJpuPUiA\/s640\/copper2.jpg\" width=\"640\" \/\u003E\u003C\/a\u003E\u003C\/div\u003E\u003Cdiv class=\"separator\" style=\"clear: both; text-align: center;\"\u003E\u003Ca href=\"http:\/\/3.bp.blogspot.com\/-Q3cAuozohEI\/VdHKUMocneI\/AAAAAAAATqA\/uStOZQUnUCI\/s1600\/Chart101.jpg\" imageanchor=\"1\" style=\"margin-left: 1em; margin-right: 1em;\"\u003E\u003Cimg border=\"0\" src=\"http:\/\/3.bp.blogspot.com\/-Q3cAuozohEI\/VdHKUMocneI\/AAAAAAAATqA\/uStOZQUnUCI\/s1600\/Chart101.jpg\" \/\u003E\u003C\/a\u003E\u003C\/div\u003E\u003Cbr \/\u003E\u003Cdiv style=\"text-align: justify;\"\u003ECOMEX copper had formed a complex pullback, which had faced resistance near the 61.8% retracement of the entire previous fall ($3.294-2.419). From the key Fibonacci level the red metal resumed its larger downtrend. The fall is breaking up into lower degree waves. The price has fallen towards a crucial multi-month trendline, which is near $2.328. Once that breaks on closing basis copper can tumble down till $2.24. On the other hand, the swing high of $2.429 will act as a key resistance.\u003C\/div\u003E"},"link":[{"rel":"edit","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/5521125716068854336\/posts\/default\/3523637474366458788"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/5521125716068854336\/posts\/default\/3523637474366458788"},{"rel":"alternate","type":"text/html","href":"http:\/\/www.shubhlaxmicommodity.com\/2015\/08\/17-aug-2015-technical-chart-copper.html","title":"17 Aug 2015 Technical Chart Copper Battle continues"}],"author":[{"name":{"$t":"Shubhlaxmi Harish"},"uri":{"$t":"https:\/\/plus.google.com\/109114604645456401059"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"32","height":"32","src":"\/\/lh4.googleusercontent.com\/-zpgpvNfS450\/AAAAAAAAAAI\/AAAAAAAASPs\/--U4fEkyPFo\/s512-c\/photo.jpg"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"http:\/\/1.bp.blogspot.com\/-vc-wVAesru0\/VZS4e-tcY3I\/AAAAAAAATPY\/t4xfJpuPUiA\/s72-c\/copper2.jpg","height":"72","width":"72"}},{"id":{"$t":"tag:blogger.com,1999:blog-5521125716068854336.post-4441201669344509448"},"published":{"$t":"2015-08-13T19:14:00.002+05:30"},"updated":{"$t":"2015-08-31T11:16:03.204+05:30"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Lead"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Technical Comment \u0026 Charts"}],"title":{"type":"text","$t":"13 Aug 2015 Technical Chart Lead Keep an eye"},"content":{"type":"html","$t":"\u003Ca href=\"http:\/\/2.bp.blogspot.com\/-bitS8S4KsmM\/Vcydyh9NLLI\/AAAAAAAATn0\/VkPY1dySU64\/s1600\/Lead-2.jpg\" imageanchor=\"1\"\u003E\u003Cimg border=\"0\" src=\"http:\/\/2.bp.blogspot.com\/-bitS8S4KsmM\/Vcydyh9NLLI\/AAAAAAAATn0\/VkPY1dySU64\/s1600\/Lead-2.jpg\" \/\u003E\u003C\/a\u003E\u003Cbr \/\u003E\u003Ca href=\"http:\/\/4.bp.blogspot.com\/-tc-hK27qj5Y\/VcyevqzgJUI\/AAAAAAAATpY\/ykZ1Cuy23rE\/s1600\/Chart101.jpg\" imageanchor=\"1\"\u003E\u003Cimg border=\"0\" src=\"http:\/\/4.bp.blogspot.com\/-tc-hK27qj5Y\/VcyevqzgJUI\/AAAAAAAATpY\/ykZ1Cuy23rE\/s1600\/Chart101.jpg\" \/\u003E\u003C\/a\u003E\u003Cbr \/\u003E\u003Cdiv style=\"text-align: justify;\"\u003EMCX lead had fallen sharply from the high of Rs.138.40. It then formed a short-term pullback, which retraced 38.2% of the previous fall. Near the key Fibonacci level the base metal faced resistance near the 40-day exponential moving average and the daily upper Bollinger band. Thus, from thereon lead tumbled back towards the low of Rs.107.15 Since the last few sessions the metal is forming a pullback, which has retraced 50% of the recent fall. Going ahead, the key resistances will be 61.8% (Rs.114.60) and 78.6% (Rs.116.50). Unless these levels are crossed on closing basis lead can fall back towards the low. \u003C\/div\u003E"},"link":[{"rel":"edit","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/5521125716068854336\/posts\/default\/4441201669344509448"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/5521125716068854336\/posts\/default\/4441201669344509448"},{"rel":"alternate","type":"text/html","href":"http:\/\/www.shubhlaxmicommodity.com\/2015\/08\/13-aug-2015-technical-chart-lead-keep.html","title":"13 Aug 2015 Technical Chart Lead Keep an eye"}],"author":[{"name":{"$t":"Shubhlaxmi Harish"},"uri":{"$t":"https:\/\/plus.google.com\/109114604645456401059"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"32","height":"32","src":"\/\/lh4.googleusercontent.com\/-zpgpvNfS450\/AAAAAAAAAAI\/AAAAAAAASPs\/--U4fEkyPFo\/s512-c\/photo.jpg"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"http:\/\/2.bp.blogspot.com\/-bitS8S4KsmM\/Vcydyh9NLLI\/AAAAAAAATn0\/VkPY1dySU64\/s72-c\/Lead-2.jpg","height":"72","width":"72"}},{"id":{"$t":"tag:blogger.com,1999:blog-5521125716068854336.post-6798140514615221839"},"published":{"$t":"2015-08-12T19:32:00.004+05:30"},"updated":{"$t":"2015-08-31T11:15:32.565+05:30"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Nickel"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Technical Comment \u0026 Charts"}],"title":{"type":"text","$t":"12 Aug 2015 Technical Chart Nickel Cracking down "},"content":{"type":"html","$t":"\u003Ca href=\"http:\/\/1.bp.blogspot.com\/-wGvsmKO6hqs\/Va9Rm4-IGmI\/AAAAAAAATcU\/deb9OiB7YQQ\/s1600\/nickel.jpg\" imageanchor=\"1\"\u003E\u003Cimg border=\"0\" src=\"http:\/\/1.bp.blogspot.com\/-wGvsmKO6hqs\/Va9Rm4-IGmI\/AAAAAAAATcU\/deb9OiB7YQQ\/s320\/nickel.jpg\" \/\u003E\u003C\/a\u003E \u003Ca href=\"http:\/\/4.bp.blogspot.com\/-o1Zw1QVygJE\/VctRq9UmLhI\/AAAAAAAATmQ\/8WkSE4aULFA\/s1600\/Chart101.jpg\" imageanchor=\"1\"\u003E\u003Cimg border=\"0\" src=\"http:\/\/4.bp.blogspot.com\/-o1Zw1QVygJE\/VctRq9UmLhI\/AAAAAAAATmQ\/8WkSE4aULFA\/s320\/Chart101.jpg\" \/\u003E\u003C\/a\u003E\u003Cbr \/\u003E\u003Cbr \/\u003E\u003Cdiv style=\"text-align: justify;\"\u003EThe adjacent chart shows the price movement of MCX nickel continuous contract. The base metal has been trading in a multi-month falling channel. Recently, it found support near the lower end of a medium-term falling channel and formed a pullback. However, it faced resistance near the key daily moving averages (DMAs). Thus, the base metal has started falling once again. In terms of wave structure, the base metal is extending on the downside. Unless 20-DMA, ie Rs713 is crossed nickel can fall towards the channel line, which is near Rs.655 and the monthly lower Bollinger band, which is near Rs.649.\u003C\/div\u003E"},"link":[{"rel":"edit","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/5521125716068854336\/posts\/default\/6798140514615221839"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/5521125716068854336\/posts\/default\/6798140514615221839"},{"rel":"alternate","type":"text/html","href":"http:\/\/www.shubhlaxmicommodity.com\/2015\/08\/12-aug-2015-technical-chart-nickel.html","title":"12 Aug 2015 Technical Chart Nickel Cracking down "}],"author":[{"name":{"$t":"Shubhlaxmi Harish"},"uri":{"$t":"https:\/\/plus.google.com\/109114604645456401059"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"32","height":"32","src":"\/\/lh4.googleusercontent.com\/-zpgpvNfS450\/AAAAAAAAAAI\/AAAAAAAASPs\/--U4fEkyPFo\/s512-c\/photo.jpg"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"http:\/\/1.bp.blogspot.com\/-wGvsmKO6hqs\/Va9Rm4-IGmI\/AAAAAAAATcU\/deb9OiB7YQQ\/s72-c\/nickel.jpg","height":"72","width":"72"}},{"id":{"$t":"tag:blogger.com,1999:blog-5521125716068854336.post-6793708259820839905"},"published":{"$t":"2015-08-10T17:41:00.003+05:30"},"updated":{"$t":"2015-08-31T11:15:16.180+05:30"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Silver"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Technical Comment \u0026 Charts"}],"title":{"type":"text","$t":"10 Aug 2015 Technical Chart Silver Bullish outlook"},"content":{"type":"html","$t":"\u003Cdiv class=\"separator\" style=\"clear: both; text-align: center;\"\u003E\u003Ca href=\"http:\/\/1.bp.blogspot.com\/-wMkAg5JxAaM\/VbiPxZQGnzI\/AAAAAAAATiU\/YQPWmqgEJu4\/s1600\/silver2.jpg\" imageanchor=\"1\" style=\"margin-left: 1em; margin-right: 1em;\"\u003E\u003Cimg border=\"0\" src=\"http:\/\/1.bp.blogspot.com\/-wMkAg5JxAaM\/VbiPxZQGnzI\/AAAAAAAATiU\/YQPWmqgEJu4\/s1600\/silver2.jpg\" \/\u003E\u003C\/a\u003E\u003C\/div\u003E\u003Cbr \/\u003E\u003Cbr \/\u003E\u003Cdiv class=\"separator\" style=\"clear: both; text-align: center;\"\u003E\u003Ca href=\"http:\/\/4.bp.blogspot.com\/-09B5oHziQGg\/VciT6I1P1ZI\/AAAAAAAATl8\/kNckeUjhntg\/s1600\/Chart101.jpg\" imageanchor=\"1\" style=\"margin-left: 1em; margin-right: 1em;\"\u003E\u003Cimg border=\"0\" src=\"http:\/\/4.bp.blogspot.com\/-09B5oHziQGg\/VciT6I1P1ZI\/AAAAAAAATl8\/kNckeUjhntg\/s1600\/Chart101.jpg\" \/\u003E\u003C\/a\u003E\u003C\/div\u003E\u003Cbr \/\u003E\u003Cbr \/\u003E\u003Cdiv style=\"text-align: justify;\"\u003ESilver had formed a minor degree bounce, which faced resistance near the key daily moving averages. From thereon it has fallen towards the low of $14.42. Near the low bulls have rushed in to provide support to the white metal. In terms of price pattern, silver has formed an ending diagonal pattern and has broken out on the upside. The short-term momentum indicator has triggered a bullish crossover. Thus, unless the recent low of $14.33 breaks on closing basis silver can bounce till $15.30-15.71.\u003C\/div\u003E"},"link":[{"rel":"edit","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/5521125716068854336\/posts\/default\/6793708259820839905"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/5521125716068854336\/posts\/default\/6793708259820839905"},{"rel":"alternate","type":"text/html","href":"http:\/\/www.shubhlaxmicommodity.com\/2015\/08\/10-aug-2015-technical-chart-silver.html","title":"10 Aug 2015 Technical Chart Silver Bullish outlook"}],"author":[{"name":{"$t":"Shubhlaxmi Harish"},"uri":{"$t":"https:\/\/plus.google.com\/109114604645456401059"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"32","height":"32","src":"\/\/lh4.googleusercontent.com\/-zpgpvNfS450\/AAAAAAAAAAI\/AAAAAAAASPs\/--U4fEkyPFo\/s512-c\/photo.jpg"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"http:\/\/1.bp.blogspot.com\/-wMkAg5JxAaM\/VbiPxZQGnzI\/AAAAAAAATiU\/YQPWmqgEJu4\/s72-c\/silver2.jpg","height":"72","width":"72"}},{"id":{"$t":"tag:blogger.com,1999:blog-5521125716068854336.post-1235492593312586538"},"published":{"$t":"2015-08-05T17:54:00.002+05:30"},"updated":{"$t":"2015-08-31T11:13:42.255+05:30"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Nickel"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Technical Comment \u0026 Charts"}],"title":{"type":"text","$t":"05 Aug 2015 Technical Chart Nickel Downward trajectory "},"content":{"type":"html","$t":"\u003Ca href=\"http:\/\/3.bp.blogspot.com\/-14kd0ij1vcg\/VJglAnldbuI\/AAAAAAAAS1Q\/Gi3g_dldngc\/s1600\/lead2.jpg\" imageanchor=\"1\"\u003E\u003Cimg border=\"0\" src=\"http:\/\/3.bp.blogspot.com\/-14kd0ij1vcg\/VJglAnldbuI\/AAAAAAAAS1Q\/Gi3g_dldngc\/s320\/lead2.jpg\" \/\u003E\u003C\/a\u003E \u003Ca href=\"http:\/\/1.bp.blogspot.com\/-oUdYb62NSpM\/VcIAEI0zdBI\/AAAAAAAATk0\/iMF3P6u0n1E\/s1600\/Chart101.jpg\" imageanchor=\"1\"\u003E\u003Cimg border=\"0\" src=\"http:\/\/1.bp.blogspot.com\/-oUdYb62NSpM\/VcIAEI0zdBI\/AAAAAAAATk0\/iMF3P6u0n1E\/s320\/Chart101.jpg\" \/\u003E\u003C\/a\u003E\u003Cbr \/\u003E\u003Cbr \/\u003E\u003Cdiv style=\"text-align: justify;\"\u003EThe adjacent chart shows the price movement of MCX nickel continuous contract. The base metal has been trading in a multi-month falling channel. Recently, it found support near the lower end of a medium-term falling channel and has formed a pullback. However, it faced resistance near the key daily moving averages (DMAs). Thus, the base metal has started falling once again. The daily momentum indicator has triggered a bearish crossover. Unless 20-DMA, ie Rs.720 is crossed on closing basis, nickel can fall back till the recent low, ie Rs.666, and the channel line, which is near Rs660.\u003C\/div\u003E"},"link":[{"rel":"edit","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/5521125716068854336\/posts\/default\/1235492593312586538"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/5521125716068854336\/posts\/default\/1235492593312586538"},{"rel":"alternate","type":"text/html","href":"http:\/\/www.shubhlaxmicommodity.com\/2015\/08\/05-aug-2015-technical-chart-nickel.html","title":"05 Aug 2015 Technical Chart Nickel Downward trajectory "}],"author":[{"name":{"$t":"Shubhlaxmi Harish"},"uri":{"$t":"https:\/\/plus.google.com\/109114604645456401059"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"32","height":"32","src":"\/\/lh4.googleusercontent.com\/-zpgpvNfS450\/AAAAAAAAAAI\/AAAAAAAASPs\/--U4fEkyPFo\/s512-c\/photo.jpg"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"http:\/\/3.bp.blogspot.com\/-14kd0ij1vcg\/VJglAnldbuI\/AAAAAAAAS1Q\/Gi3g_dldngc\/s72-c\/lead2.jpg","height":"72","width":"72"}},{"id":{"$t":"tag:blogger.com,1999:blog-5521125716068854336.post-833632983151652152"},"published":{"$t":"2015-07-30T18:00:00.000+05:30"},"updated":{"$t":"2015-08-19T10:19:48.242+05:30"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Technical Comment \u0026 Charts"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Zinc"}],"title":{"type":"text","$t":"30 July 2015 Technical Chart Zinc Sliding down"},"content":{"type":"html","$t":"\u003Ca href=\"http:\/\/1.bp.blogspot.com\/-woYIkogQh84\/VJpZfJISHZI\/AAAAAAAAS5k\/0iMdWQAMZ-k\/s1600\/zinc-metal.jpg\" imageanchor=\"1\"\u003E\u003Cimg border=\"0\" src=\"http:\/\/1.bp.blogspot.com\/-woYIkogQh84\/VJpZfJISHZI\/AAAAAAAAS5k\/0iMdWQAMZ-k\/s320\/zinc-metal.jpg\" \/\u003E\u003C\/a\u003E\u003Ca href=\"http:\/\/3.bp.blogspot.com\/-iXP2PxOAM6w\/VboasvIv4XI\/AAAAAAAATkk\/u4CGA6iBp8w\/s1600\/Chart101.jpg\" imageanchor=\"1\"\u003E\u003Cimg border=\"0\" src=\"http:\/\/3.bp.blogspot.com\/-iXP2PxOAM6w\/VboasvIv4XI\/AAAAAAAATkk\/u4CGA6iBp8w\/s320\/Chart101.jpg\" \/\u003E\u003C\/a\u003E\u003Cbr \/\u003E\u003Cdiv style=\"text-align: justify;\"\u003E\u003Cbr \/\u003EMCX zinc on daily chart shows a three-wave pullback, which retraced 38.2% of the previous fall. Near the key Fibonacci level, the base metal faced resistance from the junction of 40-day exponential moving average and the daily upper Bollinger band. From these multiple hurdles zinc has started falling down. The daily momentum indicator has triggered a bearish crossover near the equilibrium line. Thus, zinc is expected to trade with downward bias. Unless it crosses 20-day moving average, ie Rs.128, on closing basis zinc can test lower levels. From short- to medium-term perspective, the key level on the downside will be Rs.120-117\u003C\/div\u003E"},"link":[{"rel":"edit","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/5521125716068854336\/posts\/default\/833632983151652152"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/5521125716068854336\/posts\/default\/833632983151652152"},{"rel":"alternate","type":"text/html","href":"http:\/\/www.shubhlaxmicommodity.com\/2015\/07\/30-july-2015-technical-chart-zinc.html","title":"30 July 2015 Technical Chart Zinc Sliding down"}],"author":[{"name":{"$t":"Shubhlaxmi Harish"},"uri":{"$t":"https:\/\/plus.google.com\/109114604645456401059"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"32","height":"32","src":"\/\/lh4.googleusercontent.com\/-zpgpvNfS450\/AAAAAAAAAAI\/AAAAAAAASPs\/--U4fEkyPFo\/s512-c\/photo.jpg"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"http:\/\/1.bp.blogspot.com\/-woYIkogQh84\/VJpZfJISHZI\/AAAAAAAAS5k\/0iMdWQAMZ-k\/s72-c\/zinc-metal.jpg","height":"72","width":"72"}},{"id":{"$t":"tag:blogger.com,1999:blog-5521125716068854336.post-7570062292893455607"},"published":{"$t":"2015-07-29T18:49:00.003+05:30"},"updated":{"$t":"2015-08-19T10:16:03.500+05:30"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Technical Comment \u0026 Charts"}],"title":{"type":"text","$t":"29 July 2015 Technical Chart MCX Lead Keep an eye"},"content":{"type":"html","$t":"\u003Ca href=\"http:\/\/1.bp.blogspot.com\/-5RfwLwJWx-c\/VbjSPnRy1pI\/AAAAAAAATi0\/u-YG-bl2_-k\/s1600\/Lead-6.jpg\" imageanchor=\"1\"\u003E\u003Cimg border=\"0\" src=\"http:\/\/1.bp.blogspot.com\/-5RfwLwJWx-c\/VbjSPnRy1pI\/AAAAAAAATi0\/u-YG-bl2_-k\/s1600\/Lead-6.jpg\" \/\u003E\u003C\/a\u003E\u003Cbr \/\u003E\u003Cbr \/\u003E\u003Ca href=\"http:\/\/2.bp.blogspot.com\/-juN_0wel2b0\/VbjSYG8HytI\/AAAAAAAATi8\/pTyexRpyuHk\/s1600\/Chart101.jpg\" imageanchor=\"1\"\u003E\u003Cimg border=\"0\" height=\"433\" src=\"http:\/\/2.bp.blogspot.com\/-juN_0wel2b0\/VbjSYG8HytI\/AAAAAAAATi8\/pTyexRpyuHk\/s640\/Chart101.jpg\" width=\"640\" \/\u003E\u003C\/a\u003E\u003Cbr \/\u003E\u003Cbr \/\u003E\u003Cbr \/\u003E\u003Cdiv style=\"text-align: justify;\"\u003EMCX lead had fallen sharply from the high of Rs.138.40.It recently formed a short-term pullback, which retraced 38.2% of the previous fall. Near the key Fibonacci level the base metal faced resistance near the 40-day exponential moving average and the daily upper Bollinger band. The weekly chart shows that the key weekly moving averages were also nearby. Thus, from thereon lead has fallen back towards the low of Rs.107.15, which holds the key for further course of action. Unless that breaks lead can bounce back towards the 20-day moving average, which is near Rs.113.\u003C\/div\u003E"},"link":[{"rel":"edit","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/5521125716068854336\/posts\/default\/7570062292893455607"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/5521125716068854336\/posts\/default\/7570062292893455607"},{"rel":"alternate","type":"text/html","href":"http:\/\/www.shubhlaxmicommodity.com\/2015\/07\/28-july-2015-technical-chart-mcx-lead.html","title":"29 July 2015 Technical Chart MCX Lead Keep an eye"}],"author":[{"name":{"$t":"Shubhlaxmi Harish"},"uri":{"$t":"https:\/\/plus.google.com\/109114604645456401059"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"32","height":"32","src":"\/\/lh4.googleusercontent.com\/-zpgpvNfS450\/AAAAAAAAAAI\/AAAAAAAASPs\/--U4fEkyPFo\/s512-c\/photo.jpg"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"http:\/\/1.bp.blogspot.com\/-5RfwLwJWx-c\/VbjSPnRy1pI\/AAAAAAAATi0\/u-YG-bl2_-k\/s72-c\/Lead-6.jpg","height":"72","width":"72"}},{"id":{"$t":"tag:blogger.com,1999:blog-5521125716068854336.post-6034867689777364530"},"published":{"$t":"2015-07-28T17:10:00.002+05:30"},"updated":{"$t":"2015-08-10T17:52:06.325+05:30"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Nickel"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Technical Comment \u0026 Charts"}],"title":{"type":"text","$t":"28 July 2015 Technical Chart MCX Nickel Facing resistance "},"content":{"type":"html","$t":"\u003Ca href=\"http:\/\/4.bp.blogspot.com\/-JqaOtl_rbzQ\/Va4zhSy2NVI\/AAAAAAAATbE\/fBhh60mI67w\/s1600\/nickel1.jpg\" imageanchor=\"1\"\u003E\u003Cimg border=\"0\" src=\"http:\/\/4.bp.blogspot.com\/-JqaOtl_rbzQ\/Va4zhSy2NVI\/AAAAAAAATbE\/fBhh60mI67w\/s1600\/nickel1.jpg\" \/\u003E\u003C\/a\u003E\u003Cbr \/\u003E\u003Cbr \/\u003E\u003Ca href=\"http:\/\/1.bp.blogspot.com\/-VjeZAuFf_10\/Vbdp1W21BRI\/AAAAAAAATec\/7hUY9QZUFK8\/s1600\/Chart101.jpg\" imageanchor=\"1\"\u003E\u003Cimg border=\"0\" src=\"http:\/\/1.bp.blogspot.com\/-VjeZAuFf_10\/Vbdp1W21BRI\/AAAAAAAATec\/7hUY9QZUFK8\/s1600\/Chart101.jpg\" \/\u003E\u003C\/a\u003E\u003Cbr \/\u003E\u003Cbr \/\u003E\u003Cdiv style=\"text-align: justify;\"\u003EThe adjacent chart shows the price movement of MCX nickel continuous contract. The base metal has been trading in a multi-month falling channel. Recently, it found support near the lower end of a medium-term falling channel and formed a pullback. However, it faced resistance near the key daily moving averages. Thus, the base metal has started falling once again. Unless 20-day moving average, ie Rs.733 is crossed on closing basis nickel can fall back till the channel line, which is near Rs67\u003C\/div\u003E"},"link":[{"rel":"edit","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/5521125716068854336\/posts\/default\/6034867689777364530"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/5521125716068854336\/posts\/default\/6034867689777364530"},{"rel":"alternate","type":"text/html","href":"http:\/\/www.shubhlaxmicommodity.com\/2015\/07\/28-july-2015-technical-chart-mcx-nickel.html","title":"28 July 2015 Technical Chart MCX Nickel Facing resistance "}],"author":[{"name":{"$t":"Shubhlaxmi Harish"},"uri":{"$t":"https:\/\/plus.google.com\/109114604645456401059"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"32","height":"32","src":"\/\/lh4.googleusercontent.com\/-zpgpvNfS450\/AAAAAAAAAAI\/AAAAAAAASPs\/--U4fEkyPFo\/s512-c\/photo.jpg"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"http:\/\/4.bp.blogspot.com\/-JqaOtl_rbzQ\/Va4zhSy2NVI\/AAAAAAAATbE\/fBhh60mI67w\/s72-c\/nickel1.jpg","height":"72","width":"72"}},{"id":{"$t":"tag:blogger.com,1999:blog-5521125716068854336.post-8970804532879580625"},"published":{"$t":"2015-07-27T17:19:00.003+05:30"},"updated":{"$t":"2015-08-10T17:51:54.915+05:30"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Silver"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Technical Comment \u0026 Charts"}],"title":{"type":"text","$t":"27 July 2015 Technical Chart Silver Scope for a bounce"},"content":{"type":"html","$t":"\u003Ca href=\"http:\/\/2.bp.blogspot.com\/-DzUPF920GtQ\/VbYaZzST-bI\/AAAAAAAATd8\/P14N_1Za8q0\/s1600\/silver_bullion.jpg\" imageanchor=\"1\"\u003E\u003Cimg border=\"0\" src=\"http:\/\/2.bp.blogspot.com\/-DzUPF920GtQ\/VbYaZzST-bI\/AAAAAAAATd8\/P14N_1Za8q0\/s320\/silver_bullion.jpg\" \/\u003E\u003C\/a\u003E \u003Ca href=\"http:\/\/3.bp.blogspot.com\/-XXJe1YLHOBU\/VbYafnq8D5I\/AAAAAAAATeE\/7x_56PtpR2E\/s1600\/Chart101.jpg\" imageanchor=\"1\"\u003E\u003Cimg border=\"0\" src=\"http:\/\/3.bp.blogspot.com\/-XXJe1YLHOBU\/VbYafnq8D5I\/AAAAAAAATeE\/7x_56PtpR2E\/s320\/Chart101.jpg\" \/\u003E\u003C\/a\u003E\u003Cbr \/\u003E\u003Cbr \/\u003E\u003Cdiv style=\"text-align: justify;\"\u003E Silver had formed a minor degree bounce, which faced resistance near the key daily moving averages. From thereon it has fallen towards the low of $14.42. Near the low bulls have rushed in to provide support to the white metal. In terms of price pattern, silver seems to have formed an ending diagonal pattern. Thus, unless the recent low of $14.33 breaks on closing basis silver can bounce till $15.54-$15.71.\u003C\/div\u003E"},"link":[{"rel":"edit","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/5521125716068854336\/posts\/default\/8970804532879580625"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/5521125716068854336\/posts\/default\/8970804532879580625"},{"rel":"alternate","type":"text/html","href":"http:\/\/www.shubhlaxmicommodity.com\/2015\/07\/27-july-2015-technical-chart-silver.html","title":"27 July 2015 Technical Chart Silver Scope for a bounce"}],"author":[{"name":{"$t":"Shubhlaxmi Harish"},"uri":{"$t":"https:\/\/plus.google.com\/109114604645456401059"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"32","height":"32","src":"\/\/lh4.googleusercontent.com\/-zpgpvNfS450\/AAAAAAAAAAI\/AAAAAAAASPs\/--U4fEkyPFo\/s512-c\/photo.jpg"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"http:\/\/2.bp.blogspot.com\/-DzUPF920GtQ\/VbYaZzST-bI\/AAAAAAAATd8\/P14N_1Za8q0\/s72-c\/silver_bullion.jpg","height":"72","width":"72"}},{"id":{"$t":"tag:blogger.com,1999:blog-5521125716068854336.post-3311750004632356718"},"published":{"$t":"2015-07-24T17:19:00.004+05:30"},"updated":{"$t":"2015-07-30T10:51:44.123+05:30"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Technical Comment \u0026 Charts"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Zinc"}],"title":{"type":"text","$t":"24 July 2015 Technical Chart Zinc Under pressure"},"content":{"type":"html","$t":"\u003Ca href=\"http:\/\/1.bp.blogspot.com\/-wGvsmKO6hqs\/Va9Rm4-IGmI\/AAAAAAAATcU\/deb9OiB7YQQ\/s1600\/nickel.jpg\" imageanchor=\"1\"\u003E\u003Cimg border=\"0\" src=\"http:\/\/1.bp.blogspot.com\/-wGvsmKO6hqs\/Va9Rm4-IGmI\/AAAAAAAATcU\/deb9OiB7YQQ\/s320\/nickel.jpg\" \/\u003E\u003C\/a\u003E \u003Ca href=\"http:\/\/4.bp.blogspot.com\/-71OpfEluMVc\/VbIl_bybzII\/AAAAAAAATdY\/cD8A2-CqTzQ\/s1600\/Chart101.jpg\" imageanchor=\"1\"\u003E\u003Cimg border=\"0\" src=\"http:\/\/4.bp.blogspot.com\/-71OpfEluMVc\/VbIl_bybzII\/AAAAAAAATdY\/cD8A2-CqTzQ\/s320\/Chart101.jpg\" \/\u003E\u003C\/a\u003E\u003Cbr \/\u003E\u003Cbr \/\u003E\u003Cdiv style=\"text-align: justify;\"\u003EMCX Zinc on the daily chart shows a three-wave pullback, which retraced 38.2% of the previous fall. Near the key Fibonacci level the base metal faced resistance from the junction of the 40-day exponential moving average and the daily upper Bollinger Band. From those multiple hurdles zinc has started falling down. The daily momentum indicator has triggered a bearish cross-over near the equilibrium line. Thus, zinc is expected to fall back to test the recent low, ie 121.30. The daily lower Bollinger Band, which is near 124.70, will be an intermediate level to watch out for. On the other hand, the 20-day moving average, ie Rs.128.70, will act as a key resistance on a closing basis.\u003C\/div\u003E"},"link":[{"rel":"edit","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/5521125716068854336\/posts\/default\/3311750004632356718"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/5521125716068854336\/posts\/default\/3311750004632356718"},{"rel":"alternate","type":"text/html","href":"http:\/\/www.shubhlaxmicommodity.com\/2015\/07\/24-july-2015-technical-chart-zinc-under.html","title":"24 July 2015 Technical Chart Zinc Under pressure"}],"author":[{"name":{"$t":"Shubhlaxmi Harish"},"uri":{"$t":"https:\/\/plus.google.com\/109114604645456401059"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"32","height":"32","src":"\/\/lh4.googleusercontent.com\/-zpgpvNfS450\/AAAAAAAAAAI\/AAAAAAAASPs\/--U4fEkyPFo\/s512-c\/photo.jpg"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"http:\/\/1.bp.blogspot.com\/-wGvsmKO6hqs\/Va9Rm4-IGmI\/AAAAAAAATcU\/deb9OiB7YQQ\/s72-c\/nickel.jpg","height":"72","width":"72"}},{"id":{"$t":"tag:blogger.com,1999:blog-5521125716068854336.post-6808280333535921732"},"published":{"$t":"2015-07-23T19:00:00.002+05:30"},"updated":{"$t":"2015-07-30T10:51:30.160+05:30"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"CRUDE"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Technical Comment \u0026 Charts"}],"title":{"type":"text","$t":"23 July 2015 Technical Chart Crude oil Slide continues"},"content":{"type":"html","$t":"\u003Ca href=\"http:\/\/3.bp.blogspot.com\/-vvTwPcqRrgE\/VZYae6dVmMI\/AAAAAAAATQ8\/vB97K0IzAho\/s1600\/Crude-Oil-1.jpg\" imageanchor=\"1\"\u003E\u003Cimg border=\"0\" src=\"http:\/\/3.bp.blogspot.com\/-vvTwPcqRrgE\/VZYae6dVmMI\/AAAAAAAATQ8\/vB97K0IzAho\/s320\/Crude-Oil-1.jpg\" \/\u003E\u003C\/a\u003E \u003Ca href=\"http:\/\/2.bp.blogspot.com\/-x4mU9b8UU7s\/VbDsFf8G8vI\/AAAAAAAATdE\/N7ZE56yZtsM\/s1600\/Chart101.jpg\" imageanchor=\"1\"\u003E\u003Cimg border=\"0\" src=\"http:\/\/2.bp.blogspot.com\/-x4mU9b8UU7s\/VbDsFf8G8vI\/AAAAAAAATdE\/N7ZE56yZtsM\/s320\/Chart101.jpg\" \/\u003E\u003C\/a\u003E\u003Cbr \/\u003E\u003Cbr \/\u003E\u003Cdiv style=\"text-align: justify;\"\u003EFor a couple of months NYMEX crude oil was consolidating in between the key weekly moving averages. In the first week of July the oil has broken out from the consolidation on the downside. The daily Bollinger bands, which had become fl at, are expanding; suggesting that the move can continue on the downside. The short-term as well as medium-term momentum indicators are in a bearish mode. In terms of wave structure the oil is forming an impulse on the downside and the fifth leg is forming an extension on the downside. In the last session the oil broke 61.8% retracement mark. The subsequent level on the downside will be $47.17 and $46.50. On the other hand, the swing high of $51.41 will act as a key resistance.\u003C\/div\u003E"},"link":[{"rel":"edit","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/5521125716068854336\/posts\/default\/6808280333535921732"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/5521125716068854336\/posts\/default\/6808280333535921732"},{"rel":"alternate","type":"text/html","href":"http:\/\/www.shubhlaxmicommodity.com\/2015\/07\/23-july-2015-technical-chart-crude-oil.html","title":"23 July 2015 Technical Chart Crude oil Slide continues"}],"author":[{"name":{"$t":"Shubhlaxmi Harish"},"uri":{"$t":"https:\/\/plus.google.com\/109114604645456401059"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"32","height":"32","src":"\/\/lh4.googleusercontent.com\/-zpgpvNfS450\/AAAAAAAAAAI\/AAAAAAAASPs\/--U4fEkyPFo\/s512-c\/photo.jpg"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"http:\/\/3.bp.blogspot.com\/-vvTwPcqRrgE\/VZYae6dVmMI\/AAAAAAAATQ8\/vB97K0IzAho\/s72-c\/Crude-Oil-1.jpg","height":"72","width":"72"}},{"id":{"$t":"tag:blogger.com,1999:blog-5521125716068854336.post-2199547831183229922"},"published":{"$t":"2015-07-22T19:04:00.002+05:30"},"updated":{"$t":"2015-07-28T13:15:19.152+05:30"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Aluminium"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Technical Comment \u0026 Charts"}],"title":{"type":"text","$t":"22 July 2015 Technical Chart Aluminium Near crucial zone"},"content":{"type":"html","$t":"\u003Ca href=\"http:\/\/2.bp.blogspot.com\/-urX2VcNDXeU\/VZvXdSO2K4I\/AAAAAAAATUg\/JRt3GrZ0xHQ\/s1600\/aluminiuam.jpg\" imageanchor=\"1\"\u003E\u003Cimg border=\"0\" src=\"http:\/\/2.bp.blogspot.com\/-urX2VcNDXeU\/VZvXdSO2K4I\/AAAAAAAATUg\/JRt3GrZ0xHQ\/s320\/aluminiuam.jpg\" \/\u003E\u003C\/a\u003E \u003Ca href=\"http:\/\/2.bp.blogspot.com\/-Qy2oEE5aI8s\/Va-b7VYf5cI\/AAAAAAAATcw\/XAcNwqQ2l9k\/s1600\/Chart101.jpg\" imageanchor=\"1\"\u003E\u003Cimg border=\"0\" src=\"http:\/\/2.bp.blogspot.com\/-Qy2oEE5aI8s\/Va-b7VYf5cI\/AAAAAAAATcw\/XAcNwqQ2l9k\/s320\/Chart101.jpg\" \/\u003E\u003C\/a\u003E\u003Cbr \/\u003E\u003Cdiv style=\"text-align: justify;\"\u003EMCX aluminium had faced resistance near the previous high of Rs.130 as well as near the monthly upper Bollinger band and had tumbled down sharply. Recently, from the low of Rs.102.45 the base metal formed a pullback, which turned out to be short lived. The base metal has fallen back towards the daily lower Bollinger band. The key support zone to watch out for will be Rs.102.45-101.25. A breach of the support zone on closing basis would mean significant downside for the commodity. On the other hand, Rs105.40–106.20 will be the key resistance zone to keep a tab on.\u003C\/div\u003E"},"link":[{"rel":"edit","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/5521125716068854336\/posts\/default\/2199547831183229922"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/5521125716068854336\/posts\/default\/2199547831183229922"},{"rel":"alternate","type":"text/html","href":"http:\/\/www.shubhlaxmicommodity.com\/2015\/07\/22-july-2015-technical-chart-aluminium.html","title":"22 July 2015 Technical Chart Aluminium Near crucial zone"}],"author":[{"name":{"$t":"Shubhlaxmi Harish"},"uri":{"$t":"https:\/\/plus.google.com\/109114604645456401059"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"32","height":"32","src":"\/\/lh4.googleusercontent.com\/-zpgpvNfS450\/AAAAAAAAAAI\/AAAAAAAASPs\/--U4fEkyPFo\/s512-c\/photo.jpg"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"http:\/\/2.bp.blogspot.com\/-urX2VcNDXeU\/VZvXdSO2K4I\/AAAAAAAATUg\/JRt3GrZ0xHQ\/s72-c\/aluminiuam.jpg","height":"72","width":"72"}},{"id":{"$t":"tag:blogger.com,1999:blog-5521125716068854336.post-3609356050336398446"},"published":{"$t":"2015-07-21T17:29:00.001+05:30"},"updated":{"$t":"2015-07-24T00:06:14.443+05:30"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Nickel"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Technical Comment \u0026 Charts"}],"title":{"type":"text","$t":"21 July 2015 Technical Chart Nickel Bulls in control"},"content":{"type":"html","$t":"\u003Ca href=\"http:\/\/4.bp.blogspot.com\/-JqaOtl_rbzQ\/Va4zhSy2NVI\/AAAAAAAATbA\/8yFJc-gXvGI\/s1600\/nickel1.jpg\" imageanchor=\"1\"\u003E\u003Cimg border=\"0\" src=\"http:\/\/4.bp.blogspot.com\/-JqaOtl_rbzQ\/Va4zhSy2NVI\/AAAAAAAATbA\/8yFJc-gXvGI\/s320\/nickel1.jpg\" \/\u003E\u003C\/a\u003E \u003Ca href=\"http:\/\/2.bp.blogspot.com\/-EIomm6aeN8c\/Va4zm24s1vI\/AAAAAAAATbI\/y_39XXXJv6w\/s1600\/Chart101.jpg\" imageanchor=\"1\"\u003E\u003Cimg border=\"0\" src=\"http:\/\/2.bp.blogspot.com\/-EIomm6aeN8c\/Va4zm24s1vI\/AAAAAAAATbI\/y_39XXXJv6w\/s320\/Chart101.jpg\" \/\u003E\u003C\/a\u003E\u003Cbr \/\u003E\u003Cbr \/\u003E\u003Cbr \/\u003E\u003Cdiv style=\"text-align: justify;\"\u003EThe adjacent chart shows the price movement of MCX nickel continuous contract. The base metal was in correction mode for a while. However, recently it has taken support near the lower end of the medium-term falling channel. From thereon it has started moving towards north. The daily momentum indicator has triggered bullish a crossover. Structurally, the up move is breaking up into lower degree waves and has a decent upside potential. Key levels on the upside will be Rs.778-818. On the other hand, the swing low of Rs.723.50 will act as a crucial support.\u003C\/div\u003E"},"link":[{"rel":"edit","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/5521125716068854336\/posts\/default\/3609356050336398446"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/5521125716068854336\/posts\/default\/3609356050336398446"},{"rel":"alternate","type":"text/html","href":"http:\/\/www.shubhlaxmicommodity.com\/2015\/07\/21-july-2015-technical-chart-nickel.html","title":"21 July 2015 Technical Chart Nickel Bulls in control"}],"author":[{"name":{"$t":"Shubhlaxmi Harish"},"uri":{"$t":"https:\/\/plus.google.com\/109114604645456401059"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"32","height":"32","src":"\/\/lh4.googleusercontent.com\/-zpgpvNfS450\/AAAAAAAAAAI\/AAAAAAAASPs\/--U4fEkyPFo\/s512-c\/photo.jpg"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"http:\/\/4.bp.blogspot.com\/-JqaOtl_rbzQ\/Va4zhSy2NVI\/AAAAAAAATbA\/8yFJc-gXvGI\/s72-c\/nickel1.jpg","height":"72","width":"72"}},{"id":{"$t":"tag:blogger.com,1999:blog-5521125716068854336.post-1617238481800657926"},"published":{"$t":"2015-07-20T17:54:00.004+05:30"},"updated":{"$t":"2015-07-24T00:06:49.297+05:30"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"CRUDE"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Technical Comment \u0026 Charts"}],"title":{"type":"text","$t":"20 July 2015 Technical Chart Crude oil Flowing southward"},"content":{"type":"html","$t":"\u003Ca href=\"http:\/\/3.bp.blogspot.com\/-cuIki85Bzq8\/VS9StEhJ4dI\/AAAAAAAATIw\/Ywrt6d3M-Eg\/s1600\/crude-oil-2.jpg\" imageanchor=\"1\"\u003E\u003Cimg border=\"0\" height=\"480\" src=\"http:\/\/3.bp.blogspot.com\/-cuIki85Bzq8\/VS9StEhJ4dI\/AAAAAAAATIw\/Ywrt6d3M-Eg\/s640\/crude-oil-2.jpg\" width=\"640\" \/\u003E\u003C\/a\u003E\u003Cbr \/\u003E\u003Cbr \/\u003E\u003Cdiv style=\"text-align: justify;\"\u003EFor a couple of months NYMEX crude oil was consolidating in between the key weekly moving averages. In the first week of July the oil has broken out from the consolidation on the downside. The daily Bollinger bands, which had become fl at, are expanding; suggesting that the move can continue on the downside. The short-term as well as medium-term momentum indicators are in a bearish mode. In terms of wave structure the oil is forming an impulse on the downside and the fifth leg is forming on the downside. Overall, the oil can continue to slide till $49.85 and $46.50.\u003C\/div\u003E"},"link":[{"rel":"edit","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/5521125716068854336\/posts\/default\/1617238481800657926"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/5521125716068854336\/posts\/default\/1617238481800657926"},{"rel":"alternate","type":"text/html","href":"http:\/\/www.shubhlaxmicommodity.com\/2015\/07\/20-july-2015-technical-chart-crude-oil.html","title":"20 July 2015 Technical Chart Crude oil Flowing southward"}],"author":[{"name":{"$t":"Shubhlaxmi Harish"},"uri":{"$t":"https:\/\/plus.google.com\/109114604645456401059"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"32","height":"32","src":"\/\/lh4.googleusercontent.com\/-zpgpvNfS450\/AAAAAAAAAAI\/AAAAAAAASPs\/--U4fEkyPFo\/s512-c\/photo.jpg"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"http:\/\/3.bp.blogspot.com\/-cuIki85Bzq8\/VS9StEhJ4dI\/AAAAAAAATIw\/Ywrt6d3M-Eg\/s72-c\/crude-oil-2.jpg","height":"72","width":"72"}},{"id":{"$t":"tag:blogger.com,1999:blog-5521125716068854336.post-4200913437074232436"},"published":{"$t":"2015-07-16T17:46:00.003+05:30"},"updated":{"$t":"2015-07-24T00:07:04.026+05:30"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Lead"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Technical Comment \u0026 Charts"}],"title":{"type":"text","$t":"16 July 2015 Technical Chart Lead Bounce in the offing"},"content":{"type":"html","$t":"\u003Ca href=\"http:\/\/3.bp.blogspot.com\/-14kd0ij1vcg\/VJglAnldbuI\/AAAAAAAAS1Q\/Gi3g_dldngc\/s1600\/lead2.jpg\" imageanchor=\"1\"\u003E\u003Cimg border=\"0\" height=\"240\" src=\"http:\/\/3.bp.blogspot.com\/-14kd0ij1vcg\/VJglAnldbuI\/AAAAAAAAS1Q\/Gi3g_dldngc\/s1600\/lead2.jpg\" width=\"320\" \/\u003E\u003C\/a\u003E \u003Ca href=\"http:\/\/2.bp.blogspot.com\/-7PY1LmnzVkg\/Vaedide92fI\/AAAAAAAATZw\/Gv4RTFVw-0k\/s1600\/Chart101.jpg\" imageanchor=\"1\"\u003E\u003Cimg border=\"0\" src=\"http:\/\/2.bp.blogspot.com\/-7PY1LmnzVkg\/Vaedide92fI\/AAAAAAAATZw\/Gv4RTFVw-0k\/s320\/Chart101.jpg\" \/\u003E\u003C\/a\u003E\u003Cbr \/\u003E\u003Cbr \/\u003E\u003Cdiv style=\"text-align: justify;\"\u003EMCX lead had fallen sharply from the high of Rs.138.40. The entire fall unfolded in a channelised manner. Recently, the base metal has bounced from the lower end of the channel and has broken out from the upper end. It has crossed the key daily moving averages on the way up. The daily momentum indicator is in line with the bounce. The wave structure is showing extension within the pullback. Thus, the pullback can turn out to be a larger one. The key levels on the upside will be Rs.122.80-126.50. On the other hand, Rs116.30 and Rs.114.60 will act as key supports.\u003C\/div\u003E\u003Cdiv style=\"text-align: justify;\"\u003E\u003C\/div\u003E"},"link":[{"rel":"edit","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/5521125716068854336\/posts\/default\/4200913437074232436"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/5521125716068854336\/posts\/default\/4200913437074232436"},{"rel":"alternate","type":"text/html","href":"http:\/\/www.shubhlaxmicommodity.com\/2015\/07\/16-july-2015-technical-chart-lead.html","title":"16 July 2015 Technical Chart Lead Bounce in the offing"}],"author":[{"name":{"$t":"Shubhlaxmi Harish"},"uri":{"$t":"https:\/\/plus.google.com\/109114604645456401059"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"32","height":"32","src":"\/\/lh4.googleusercontent.com\/-zpgpvNfS450\/AAAAAAAAAAI\/AAAAAAAASPs\/--U4fEkyPFo\/s512-c\/photo.jpg"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"http:\/\/3.bp.blogspot.com\/-14kd0ij1vcg\/VJglAnldbuI\/AAAAAAAAS1Q\/Gi3g_dldngc\/s72-c\/lead2.jpg","height":"72","width":"72"}},{"id":{"$t":"tag:blogger.com,1999:blog-5521125716068854336.post-8880134755579591960"},"published":{"$t":"2015-07-15T17:39:00.001+05:30"},"updated":{"$t":"2015-07-24T03:10:39.802+05:30"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Nickel"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Technical Comment \u0026 Charts"}],"title":{"type":"text","$t":"15 July 2015 Technical Chart Nickel Bounce underway "},"content":{"type":"html","$t":"\u003Ca href=\"http:\/\/3.bp.blogspot.com\/-8rVYUbZnfDE\/VaZM1n_fppI\/AAAAAAAATYk\/6pFpYK8F3Ro\/s1600\/nickel2.jpg\" imageanchor=\"1\"\u003E\u003Cimg border=\"0\" src=\"http:\/\/3.bp.blogspot.com\/-8rVYUbZnfDE\/VaZM1n_fppI\/AAAAAAAATYk\/6pFpYK8F3Ro\/s320\/nickel2.jpg\" \/\u003E\u003C\/a\u003E \u003Ca href=\"http:\/\/3.bp.blogspot.com\/-O6v4gX5J2X4\/VaZNJEvZX9I\/AAAAAAAATYs\/9n8K7yBkD3c\/s1600\/Chart101.jpg\" imageanchor=\"1\"\u003E\u003Cimg border=\"0\" src=\"http:\/\/3.bp.blogspot.com\/-O6v4gX5J2X4\/VaZNJEvZX9I\/AAAAAAAATYs\/9n8K7yBkD3c\/s320\/Chart101.jpg\" \/\u003E\u003C\/a\u003E\u003Cbr \/\u003E\u003Cbr \/\u003E\u003Cbr \/\u003E\u003Cdiv style=\"text-align: justify;\"\u003EThe adjacent chart shows the price movement of MCX nickel continuous contract. The base metal has been in a correction mode for a while. However, recently it has taken support near the lower end of a medium-term falling channel. From thereon it has entered a pullback mode. The daily momentum indicator has triggered a bullish crossover. Hence, the pullback is expected to extend further. From a short-term perspective nickel can test its key daily moving averages, which are near Rs.765-788. On the other hand, Rs.725-716 will act as a key support zone.\u003C\/div\u003E"},"link":[{"rel":"edit","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/5521125716068854336\/posts\/default\/8880134755579591960"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/5521125716068854336\/posts\/default\/8880134755579591960"},{"rel":"alternate","type":"text/html","href":"http:\/\/www.shubhlaxmicommodity.com\/2015\/07\/15-july-2015-technical-chart-nickel.html","title":"15 July 2015 Technical Chart Nickel Bounce underway "}],"author":[{"name":{"$t":"Shubhlaxmi Harish"},"uri":{"$t":"https:\/\/plus.google.com\/109114604645456401059"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"32","height":"32","src":"\/\/lh4.googleusercontent.com\/-zpgpvNfS450\/AAAAAAAAAAI\/AAAAAAAASPs\/--U4fEkyPFo\/s512-c\/photo.jpg"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"http:\/\/3.bp.blogspot.com\/-8rVYUbZnfDE\/VaZM1n_fppI\/AAAAAAAATYk\/6pFpYK8F3Ro\/s72-c\/nickel2.jpg","height":"72","width":"72"}},{"id":{"$t":"tag:blogger.com,1999:blog-5521125716068854336.post-223803659793548504"},"published":{"$t":"2015-07-14T17:01:00.004+05:30"},"updated":{"$t":"2015-07-14T17:01:43.071+05:30"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Aluminium"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Technical Comment \u0026 Charts"}],"title":{"type":"text","$t":"14 July 2015 Technical Chart Aluminium Keep an eye"},"content":{"type":"html","$t":"\u003Ca href=\"http:\/\/2.bp.blogspot.com\/-urX2VcNDXeU\/VZvXdSO2K4I\/AAAAAAAATUg\/JRt3GrZ0xHQ\/s1600\/aluminiuam.jpg\" imageanchor=\"1\"\u003E\u003Cimg border=\"0\" src=\"http:\/\/2.bp.blogspot.com\/-urX2VcNDXeU\/VZvXdSO2K4I\/AAAAAAAATUg\/JRt3GrZ0xHQ\/s320\/aluminiuam.jpg\" \/\u003E\u003C\/a\u003E \u003Ca href=\"http:\/\/4.bp.blogspot.com\/-TZso3Z9cHfI\/VaTyxGLQaoI\/AAAAAAAATYU\/YS-uRyLF71I\/s1600\/Chart101.jpg\" imageanchor=\"1\"\u003E\u003Cimg border=\"0\" src=\"http:\/\/4.bp.blogspot.com\/-TZso3Z9cHfI\/VaTyxGLQaoI\/AAAAAAAATYU\/YS-uRyLF71I\/s320\/Chart101.jpg\" \/\u003E\u003C\/a\u003E\u003Cbr \/\u003E\u003Cbr \/\u003E\u003Cdiv style=\"text-align: justify;\"\u003E MCX aluminium had faced resistance near the previous high of Rs.130 as well as near the monthly upper Bollinger band. From thereon it has tumbled down sharply. The medium-term trend for the base metal is down. The weekly momentum indicator is in a bearish mode. However, since the last few sessions it has been forming a short-term bounce. The daily momentum indicator is heading towards the equilibrium line to complete the pullback cycle. The key area where the pullback can subside will be Rs.108.70-109.80. On the other hand, Rs.105.40-104.30 will act as a key support zone on closing basis.\u003C\/div\u003E"},"link":[{"rel":"edit","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/5521125716068854336\/posts\/default\/223803659793548504"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/5521125716068854336\/posts\/default\/223803659793548504"},{"rel":"alternate","type":"text/html","href":"http:\/\/www.shubhlaxmicommodity.com\/2015\/07\/14-july-2015-technical-chart-aluminium.html","title":"14 July 2015 Technical Chart Aluminium Keep an eye"}],"author":[{"name":{"$t":"Shubhlaxmi Harish"},"uri":{"$t":"https:\/\/plus.google.com\/109114604645456401059"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"32","height":"32","src":"\/\/lh4.googleusercontent.com\/-zpgpvNfS450\/AAAAAAAAAAI\/AAAAAAAASPs\/--U4fEkyPFo\/s512-c\/photo.jpg"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"http:\/\/2.bp.blogspot.com\/-urX2VcNDXeU\/VZvXdSO2K4I\/AAAAAAAATUg\/JRt3GrZ0xHQ\/s72-c\/aluminiuam.jpg","height":"72","width":"72"}},{"id":{"$t":"tag:blogger.com,1999:blog-5521125716068854336.post-7551125060662147424"},"published":{"$t":"2015-07-13T17:36:00.003+05:30"},"updated":{"$t":"2015-07-24T03:10:54.767+05:30"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Silver"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Technical Comment \u0026 Charts"}],"title":{"type":"text","$t":"13 July 2015 Technical Chart Silver Pullback mode"},"content":{"type":"html","$t":"\u003Ca href=\"http:\/\/4.bp.blogspot.com\/-ICcYj-MyFpc\/VZpuKbPZO6I\/AAAAAAAATSk\/DfoFH13SLSU\/s1600\/silver_bullion.jpg\" imageanchor=\"1\"\u003E\u003Cimg border=\"0\" height=\"252\" src=\"http:\/\/4.bp.blogspot.com\/-ICcYj-MyFpc\/VZpuKbPZO6I\/AAAAAAAATSk\/DfoFH13SLSU\/s320\/silver_bullion.jpg\" width=\"320\" \/\u003E\u003C\/a\u003E \u003Ca href=\"http:\/\/3.bp.blogspot.com\/-jEltUYL9Yow\/VaOpWyh-LSI\/AAAAAAAATYE\/kqRUJOBEGUc\/s1600\/Chart101.jpg\" imageanchor=\"1\"\u003E\u003Cimg border=\"0\" height=\"216\" src=\"http:\/\/3.bp.blogspot.com\/-jEltUYL9Yow\/VaOpWyh-LSI\/AAAAAAAATYE\/kqRUJOBEGUc\/s320\/Chart101.jpg\" width=\"320\" \/\u003E\u003C\/a\u003E\u003Cbr \/\u003E\u003Cbr \/\u003E\u003Cdiv style=\"text-align: justify;\"\u003ESilver posted a weekly negative close in the last week however, it recovered sharply in the later half of the week. The white metal found support near the lower end of the medium-term falling support. From thereon the commodity has entered a pullback mode. The short-term momentum indicator is showing positive divergence and is turning in favour of the bulls. Thus, the pullback is likely to stretch further. The key levels on the upside will be $16.44-16.57.\u003C\/div\u003E"},"link":[{"rel":"edit","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/5521125716068854336\/posts\/default\/7551125060662147424"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/5521125716068854336\/posts\/default\/7551125060662147424"},{"rel":"alternate","type":"text/html","href":"http:\/\/www.shubhlaxmicommodity.com\/2015\/07\/13-july-2015-technical-chart-silver.html","title":"13 July 2015 Technical Chart Silver Pullback mode"}],"author":[{"name":{"$t":"Shubhlaxmi Harish"},"uri":{"$t":"https:\/\/plus.google.com\/109114604645456401059"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"32","height":"32","src":"\/\/lh4.googleusercontent.com\/-zpgpvNfS450\/AAAAAAAAAAI\/AAAAAAAASPs\/--U4fEkyPFo\/s512-c\/photo.jpg"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"http:\/\/4.bp.blogspot.com\/-ICcYj-MyFpc\/VZpuKbPZO6I\/AAAAAAAATSk\/DfoFH13SLSU\/s72-c\/silver_bullion.jpg","height":"72","width":"72"}},{"id":{"$t":"tag:blogger.com,1999:blog-5521125716068854336.post-4847082289245813228"},"published":{"$t":"2015-07-10T23:46:00.002+05:30"},"updated":{"$t":"2015-07-21T17:22:58.733+05:30"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Lead"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Technical Comment \u0026 Charts"}],"title":{"type":"text","$t":"10 July 2015 Technical Chart Lead Near key hurdles"},"content":{"type":"html","$t":"\u003Ca href=\"http:\/\/1.bp.blogspot.com\/-roPRuaJS4JY\/VaALlOD2MEI\/AAAAAAAATV0\/lE74LyL9NXE\/s1600\/lead2.jpg\" imageanchor=\"1\"\u003E\u003Cimg border=\"0\" src=\"http:\/\/1.bp.blogspot.com\/-roPRuaJS4JY\/VaALlOD2MEI\/AAAAAAAATV0\/lE74LyL9NXE\/s320\/lead2.jpg\" \/\u003E\u003C\/a\u003E \u003Ca href=\"http:\/\/4.bp.blogspot.com\/-ryMefX3qBEU\/VaALuDvZriI\/AAAAAAAATV8\/U6kYuOAjv8Q\/s1600\/Chart101.jpg\" imageanchor=\"1\"\u003E\u003Cimg border=\"0\" src=\"http:\/\/4.bp.blogspot.com\/-ryMefX3qBEU\/VaALuDvZriI\/AAAAAAAATV8\/U6kYuOAjv8Q\/s320\/Chart101.jpg\" \/\u003E\u003C\/a\u003E\u003Cbr \/\u003E\u003Cbr \/\u003E\u003Cdiv style=\"text-align: justify;\"\u003EMCX lead has fallen sharply from the high of Rs.138.40.The entire fall is unfolding in a channelised manner. Recently, the base metal has bounced from the lower end of the channel towards the upper end. The key hurdle area to watch out for is Rs116-117.20. Unless this resistance zone is crossed on closing basis lead can resume the fall. Overall, the commodity can tumble down till Rs.107.00-105.80. An immediate support is near Rs.113.50.\u003C\/div\u003E"},"link":[{"rel":"edit","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/5521125716068854336\/posts\/default\/4847082289245813228"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/5521125716068854336\/posts\/default\/4847082289245813228"},{"rel":"alternate","type":"text/html","href":"http:\/\/www.shubhlaxmicommodity.com\/2015\/07\/10-July-2015-Technical-Chart-Lead-Near-key-hurdles.html","title":"10 July 2015 Technical Chart Lead Near key hurdles"}],"author":[{"name":{"$t":"Shubhlaxmi Harish"},"uri":{"$t":"https:\/\/plus.google.com\/109114604645456401059"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"32","height":"32","src":"\/\/lh4.googleusercontent.com\/-zpgpvNfS450\/AAAAAAAAAAI\/AAAAAAAASPs\/--U4fEkyPFo\/s512-c\/photo.jpg"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"http:\/\/1.bp.blogspot.com\/-roPRuaJS4JY\/VaALlOD2MEI\/AAAAAAAATV0\/lE74LyL9NXE\/s72-c\/lead2.jpg","height":"72","width":"72"}}]}});