DAILY COMMODITY MARKET STRATEGY.-7 january

BASE METAL WRAP: Copper futures rose for the first time in three sessions amid signs that manufacturing is gaining momentum as inventories of the metal continue to shrink.

ENERGY WRAP: West Texas Intermediate crude traded near the lowest price in more than five weeks amid speculation distillate and gasoline stockpiles increased in the U.S., the world’s biggest oil consumer. Natural gas futures rose in New York as arctic air sweeping across the U.S. boosted demand for the heating fuel.

PRECIOUS METAL WRAP: Gold fluctuated after advancing to the highest level in three weeks as investors weighed the outlook for increasing physical consumption in Asia against slowing investment demand.

GLOBAL EVENTS TO WATCH: Fed Chairman Nomination Vote, Trade Balance, CPI Flash Estimate y/y , Trade Balance, Trade Balance, Ivey PMI, IBD/TIPP Economic Optimism.

COMMODITY	COMMODITY
CS COPPER (FEB.) OVERVIEW: TREND CONSOLIDATE SUP1:462 SUP2:456 RESIST1:469 RESIST2:474 TRADING STRATEGY: SELL ON RISE CAPITALSTARS.COM +919200099927	CS CHANA (FEB.) OVERVIEW: TREND CONSOLIDATE SUP1:3078 SUP2:3045 RESIST1:3172 RESIST2:3194 TRADING STRATEGY: BUY ON DIPS CAPITALSTARS.COM +919200099927 +919977499927
CS CRUDE (JAN.) OVERVIEW: TREND CONSOLIDATE SUP1:5784 SUP2:5750 RESIST1:5940 RESIST2:6020 TRADING STRATEGY: SELL ON RISE CAPITALSTARS.COM +919200099927	CS JEERA (MARCH) OVERVIEW: TREND CONSOLIDATE SUP1:12370 SUP2:12270 RESIST1:12840 RESIST2:13000 TRADING STRATEGY: SELL ON RISE CAPITALSTAR0S.COM +919200099927
CS GOLD (FEB.) OVERVIEW: TREND CONSOLIDATE SUP1:28690 SUP2:28000 RESIST1:29450 RESIST2:29640 TRADING STRATEGY: BUY ON DIPS CAPITALSTARS.COM +919200099927	CS TURMERIC (APRIL) OVERVIEW: TREND BULLISH SUP1:6720 SUP2:6630 RESIST1:7000 RESIST2:7250 TRADING STRATEGY: BUY ON DIPS CAPITALSTARS.COM +919200099927
CS SILVER (MARCH) OVERVIEW: TREND CONSOLIDATE SUP1:44590 SUP2:44000 RESIST1:45950 RESIST2:46700 TRADING STRATEGY: BUY ON DIPS CAPITALSTARS.COM +919200099927	CS SOYABEAN (FEB.) OVERVIEW: TREND CONSOLIDATE SUP1:3700 SUP2:3660 RESIST1:3752 RESIST2:3792 TRADING STRATEGY: SELL ON RISE CAPITALSTARS.COM +919200099927

agri commodity agri commodity tips