DAILY COMMODITY MARKET STRATEGY-20 january

BASE METAL WRAP: Copper fluctuated before the release of China’s industrial production and gross domestic output data. Nickel headed for its first decline in seven days.

ENERGY WRAP: Natural gas dropped for a second day in New York on speculation that unusually mild weather in the U.S. will reduce demand for heating fuel. West Texas Intermediate crude slid from the highest closing price in two weeks after government data showed that industrial output slowed last month in China, the world’s second-biggest oil consumer.

PRECIOUS METAL WRAP: Gold rallied to the highest level in almost six weeks on signs of increasing demand as holdings in the biggest exchange-traded product expanded the most since 2011. Platinum climbed on prospects for strikes in South Africa.

GLOBAL EVENTS TO WATCH: GDP q/y, Bank Holiday.

AGRI COMMODITY	COMMODITY
CS CHANA (FEB.) OVERVIEW: TREND CONSOLIDATE SUP1:3015 SUP2:2950 RESIST1:3164 RESIST2:3194 TRADING STRATEGY: SELL ON RISE CAPITALSTARS.COM +919200099927 +919977499927	CS COPPER (FEB.) OVERVIEW: TREND CONSOLIDATE SUP1:451 SUP2:443 RESIST1:462 RESIST2:468 TRADING STRATEGY: SELL ON RISE CAPITALSTARS.COM +919200099927
CS JEERA (MARCH) OVERVIEW: TREND CONSOLIDATE SUP1:12360 SUP2:12270 RESIST1:12650 RESIST2:12950 TRADING STRATEGY: BUY ON DIPS CAPITALSTAR0S.COM +919200099927	CS CRUDE (FEB.) OVERVIEW: TREND CONSOLIDATE SUP1:5800 SUP2:5760 RESIST1:5890 RESIST2:5927 TRADING STRATEGY: BUY ON DIPS CAPITALSTARS.COM +919200099927
CS TURMERIC (APRIL) OVERVIEW: TREND CONSOLIDATE SUP1:6510 SUP2:6370 RESIST1:6940 RESIST2:7250 TRADING STRATEGY: SELL ON RISE CAPITALSTARS.COM +919200099927	CS GOLD (FEB.) OVERVIEW: TREND CONSOLIDATE SUP1:29140 SUP2:28860 RESIST1:29450 RESIST2:29640 TRADING STRATEGY: BUY ON DIPS CAPITALSTARS.COM +919200099927
CS SOYABEAN (FEB.) OVERVIEW: TREND CONSOLIDATE SUP1:3600 SUP2:3530 RESIST1:3752 RESIST2:3792 TRADING STRATEGY: SELL ON RISE CAPITALSTARS.COM +919200099927	CS SILVER (MARCH) OVERVIEW: TREND CONSOLIDATE SUP1:43560 SUP2:42430 RESIST1:45740 RESIST2:46700 TRADING STRATEGY: BUY ON DIPS CAPITALSTARS.COM +919200099927