The commodities are gaining strength day by day with Brent Crude back above 86$ which could be positioned to cross 100$ in a quick span of time.

Hence at the current juncture when central banks are planning to loosen monetary tightening, eventually may lead to sharp breakouts in major commodities.

For Nifty as long it holds below 18130, the monthly bearish engulfing line remains active while Dow Jones Index in JPY terms also indicates a 20% downside in the near term.

Visit us at https://www.fintoo.in

Contact us on - +91 9699 800 600

Join us on WhatsApp: https://bit.ly/Connect_on_Whatsapp

Follow us on

Facebook: https://www.facebook.com/fintooapp/

Insta: https://www.instagram.com/fintoo.app/

LinkedIn:http://bit.ly/Fintoo_linkedIn

Twitter: https://twitter.com/FintooApp

Blog: https://www.fintoo.in/blog/