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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