DAILY COMMODITY MARKET STRATEGY-22 january

BASE METAL WRAP: Nickel rose for a second day to the highest level in almost three months as the International Monetary Fund boosted its global economic growth forecast and amid concern Indonesia’s ban on ore exports will cut supply.

ENERGY WRAP: Brent crude rose for the first time in four days after the International Energy Agency raised its forecast for global oil consumption on a strengthening economy. West Texas Intermediate reached at a two-week high. Natural gas futures jumped to the highest price in almost four weeks as a winter storm bringing heavy snow and frigid weather to the East Coast stoked demand for the heating fuel.

PRECIOUS METAL WRAP: Gold rebounded from the biggest decline in three weeks as investors weighed signs of strengthening physical demand against the outlook for reduced monetary stimulus in the U.S.

GLOBAL EVENTS TO WATCH: CPI q/q, Monetary Policy Statement, BOJ Press Conference, Claimant Count Change, MPC Asset Purchase Facility Votes, MPC Official Bank Rate Votes, Unemployment Rate, BOC Monetary Policy Report, BOC Rate Statement, Overnight Rate, BOC Press Conference.

COMMODITY	Agri COMMODITY
CS COPPER (FEB.) OVERVIEW: TREND CONSOLIDATE SUP1:451 SUP2:443 RESIST1:463 RESIST2:468 TRADING STRATEGY: BUY ON DIPS CAPITALSTARS.COM +919200099927	CS CHANA (FEB.) OVERVIEW: TREND CONSOLIDATE SUP1:3015 SUP2:2950 RESIST1:3115 RESIST2:3164 TRADING STRATEGY: SELL ON RISE CAPITALSTARS.COM +919200099927 +919977499927
CS CRUDE (FEB.) OVERVIEW: TREND CONSOLIDATE SUP1:5875 SUP2:5829 RESIST1:5971 RESIST2:6016 TRADING STRATEGY: BUY ON DIPS CAPITALSTARS.COM +919200099927	CS JEERA (MARCH) OVERVIEW: TREND CONSOLIDATE SUP1:12650 SUP2:12360 RESIST1:12950 RESIST2:13540 TRADING STRATEGY: BUY ON DIPS CAPITALSTAR0S.COM +919200099927
CS GOLD (FEB.) OVERVIEW: TREND CONSOLIDATE SUP1:29130 SUP2:28860 RESIST1:29450 RESIST2:29640 TRADING STRATEGY: BUY ON DIPS CAPITALSTARS.COM +919200099927	CS TURMERIC (APRIL) OVERVIEW: TREND CONSOLIDATE SUP1:6510 SUP2:6370 RESIST1:6940 RESIST2:7250 TRADING STRATEGY: BUY ON DIPS 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	CS SOYABEAN (FEB.) OVERVIEW: TREND CONSOLIDATE SUP1:3680 SUP2:3640 RESIST1:3792 RESIST2:3890 TRADING STRATEGY: SELL ON RISE CAPITALSTARS.COM +919200099927