COMMODITY MARKET TREND-2 january





 BASE METAL WRAP: Copper was little changed on Monday, trading around its highest since mid-August as signs of global economic recovery and hopes of improving Chinese demand supported prices.



ENERGY WRAP: West Texas Intermediate rose for the first time in three days after an industry report showed crude inventories fell in the U.S, the world’s largest oil consumer.



PRECIOUS METAL WRAP: Gold rallied from its worst year in more than three decades as a decline to a six-month low was seen spurring physical purchases, potentially prompting some investors to reverse bets on lower prices. Silver jumped.

GLOBAL EVENTS TO WATCH: Manufacturing PMI, Unemployment Claims, Final Manufacturing PMI, ISM Manufacturing PMI, Construction Spending m/m, ISM Manufacturing Prices.


COMMODITY MARKET


COMMODITY
CS COPPER (FEB.) OVERVIEW:
TREND CONSOLIDATE
SUP1:464
SUP2:462
RESIST1:474
RESIST2:482
TRADING STRATEGY: BUY ON DIPS
CAPITALSTARS.COM +919200099927
CS CRUDE (JAN.) OVERVIEW:
TREND CONSOLIDATE
SUP1:6050
SUP2:5970
RESIST1:6280
RESIST2:6350
TRADING STRATEGY: SELL ON RISE
CAPITALSTARS.COM +919200099927
CS GOLD (FEB.) OVERVIEW:
TREND CONSOLIDATE
SUP1:28250
SUP2:28075
RESIST1:29000
RESIST2:29150
TRADING STRATEGY: BUY ON DIPS
CAPITALSTARS.COM +919200099927
CS SILVER (MARCH) OVERVIEW:
TREND CONSOLIDATE
SUP1:42400
SUP2:40760
RESIST1:45230
RESIST2:45900
TRADING STRATEGY: BUY ON DIPS
CAPITALSTARS.COM +919200099927


AGRI MARKETS
COMMODITY
CS CHANA ( JANUARY ) OVERVIEW:
TREND CONSOLIDATE
SUP1:2985
SUP2:2950
RESIST1:3172
RESIST2:3194
TRADING STRATEGY: BUY ON DIPS
CAPITALSTARS.COM +919200099927 +919977499927
CS JEERA (MARCH) OVERVIEW:
TREND CONSOLIDATE
SUP1:12460
SUP2:12370
RESIST1:12690
RESIST2:12950
TRADING STRATEGY: SELL ON RISE
CAPITALSTAR0S.COM +919200099927
CS TURMERIC (APRIL) OVERVIEW:
TREND BULLISH
SUP1:6490
SUP2:6210
RESIST1:6750
RESIST2:6850
TRADING STRATEGY: BUY ON DIPS
CAPITALSTARS.COM +919200099927
CS SOYABEAN (JANUARY) OVERVIEW:
TREND CONSOLIDATE
SUP1:3760
SUP2:3720
RESIST1:3842
RESIST2:3920
TRADING STRATEGY: SELL ON RISE
CAPITALSTARS.COM +919200099927


agri commodity agri commodity tips
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