COMMODITY MARKET TREND

COMMODITY MARKET TREND -20 DECEMBER







BASE METAL WRAP: Copper climbed for the first time in four days, trimming a weekly drop, as demand from China, the biggest user, is expected to gain while supplies from Indonesia and the Philippines may decline.

ENERGY WRAPWest Texas Intermediate oil fell from a two-month high as investors sold contracts to profit from the biggest price surge in more than a week. Natural gas futures climbed in New York to the highest level since July 2011 following a government report that showed a record drop in U.S. inventories.

PRECIOUS METAL WRAP: Gold closed at the lower level as traders capitulated after the Federal Reserve said it would begin tapering its monetary stimulus, extending a slide that’s sending the metal to its biggest annual drop since 1981.

GLOBAL EVENTS TO WATCH:Monetary PolicyStatement, BOJ Press Conference, Current Account, Core CPI m/m, Core Retailales m/m, Final GDP q/q, Final GDP Price Index q/q, Fed Chairman NominationVote.


AGRI MARKETS
COMMODITY
CS CHANA ( JANUARY ) OVERVIEW:
TREND CONSOLIDATE
SUP1:2950
SUP2:2875
RESIST1:3085
RESIST2:3172
TRADING STRATEGY: SELL ON RISE
CAPITALSTARS.COM +919200099927 +919977499927
CS JEERA (MARCH) OVERVIEW:
TREND CONSOLIDATE
SUP1:12825
SUP2:12740
RESIST1:13240
RESIST2:13540
TRADING STRATEGY: BUY ON DIPS
CAPITALSTAR0S.COM +919200099927
CS TURMERIC (APRIL) OVERVIEW:
TREND CONSOLIDATE
SUP1:6456
SUP2:6242
RESIST1:6596
RESIST2:6736
TRADING STRATEGY: BUY ON DIPS
CAPITALSTARS.COM +919200099927
CS SOYABEAN (JANUARY) OVERVIEW:
TREND CONSOLIDATE
SUP1:3800
SUP2:3720
RESIST1:3865
RESIST2:3921
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 CONSOLIDATE
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
RESIST1:44100
RESIST2:45480
TRADING STRATEGY: SELL ON RISE
CAPITALSTARS.COM +919200099927

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