COMMODITY MARKET TREND-23 DECEMBER

COMMODITY MARKET TREND


BASE METAL WRAP: Nickel rose for a fifth day, reaching a seven-week high, on concern that supplies will decline from Indonesia as the biggest producer of mined metal was set to start a ban on mineral-ore exports next month.

ENERGY WRAP: Natural gas futures dropped in New York from the highest level in more than two years on forecasts for milder U.S. weather that signaled reduced heading demand.

PRECIOUS METAL WRAP: Gold held its rebound from the lowest close in more than three years on speculation investors will trim bets on further losses before the year-end and as lower prices encourage purchases.

GLOBAL EVENTS TO WATCH: GDP m/m, Core PCE Price Index m/m, Personal Spending m/m, Personal Income m/m, Revised UoM Consumer Sentiment, Revised UoM Inflation Expectations.
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AGRI MARKETS.

  
COMMODITY
CS CHANA ( JANUARY ) OVERVIEW:
TREND CONSOLIDATE
SUP1:2950
SUP2:2875
RESIST1:3085
RESIST2:3172
TRADING STRATEGY: BUY ON DIPS
CAPITALSTARS.COM +919200099927 +919977499927
CS JEERA (MARCH) OVERVIEW:
TREND CONSOLIDATE
SUP1:12650
SUP2:12400
RESIST1:13065
RESIST2:13240
TRADING STRATEGY: SELL ON RISE
CAPITALSTAR0S.COM +919200099927
CS TURMERIC (APRIL) OVERVIEW:
TREND CONSOLIDATE
SUP1:6110
SUP2:6040
RESIST1:6460
RESIST2:6590
TRADING STRATEGY: SELL ON RISE
CAPITALSTARS.COM +919200099927
CS SOYABEAN (JANUARY) OVERVIEW:
TREND CONSOLIDATE
SUP1:3800
SUP2:3720
RESIST1:3920
RESIST2:3950
TRADING STRATEGY: BUY ON DIPS
CAPITALSTARS.COM +919200099927

COMMODITY MARKET
COMMODITY
CS COPPER (FEB.) OVERVIEW:
TREND CONSOLIDATE
SUP1:454
SUP2:451
RESIST1:465
RESIST2:471
TRADING STRATEGY: BUY ON DIPS
CAPITALSTARS.COM +919200099927
CS CRUDE (JAN.) OVERVIEW:
TREND CONSOLIDATE
SUP1:6100
SUP2:5970
RESIST1:6250
RESIST2:6370
TRADING STRATEGY: BUY ON DIPS
CAPITALSTARS.COM +919200099927
CS GOLD (FEB.) OVERVIEW:
TREND BEARISH
SUP1:27900
SUP2:27340
RESIST1:28650
RESIST2:28920
TRADING STRATEGY: SELL ON RISE
CAPITALSTARS.COM +919200099927
CS SILVER (MARCH) OVERVIEW:
TREND CONSOLIDATE
SUP1:43100
SUP2:42400
RESIST1:44285
RESIST2:44590
TRADING STRATEGY: SELL ON RISE
CAPITALSTARS.COM +919200099927
 

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