DAILY COMMODITY MARKET STRATEGY-10 FEB

BASE METAL WRAP: Copper rose for a second day, heading for a weekly advance, as stockpiles declined and biggest-user China returned from Lunar New Year holidays.

ENERGY WRAP: West Texas Intermediate crude traded near $100 a barrel as a decline in U.S. unemployment bolstered the outlook for fuel demand in the country, the world’s biggest oil consumer.

PRECIOUS METAL WRAP: Gold held gains after posting the biggest weekly advance in more than a month as U.S. jobs data missed estimates and Chinese buyers returned after the Lunar New Year break. Silver was set to snap the longest rally this year.

GLOBAL EVENTS TO WATCH: French Industrial Production m/m, Italian Industrial Production m/m.


COMMODITY
AGRI COMMODITY
CS COPPER (FEB.) OVERVIEW:
TREND CONSOLIDATE
SUP1:444
SUP2:440
RESIST1:449
RESIST2:452
TRADING STRATEGY: BUY ON DIPS
CAPITALSTARS.COM +919200099927
CS CHANA (APRIL) OVERVIEW:
TREND CONSOLIDATE
SUP1:2950
SUP2:2875
RESIST1:3042
RESIST2:3060
TRADING STRATEGY: SELL ON RISE
CAPITALSTARS.COM +919200099927 +919977499927
CS CRUDE (FEB.) OVERVIEW:
TREND CONSOLIDATE
SUP1:6100
SUP2:6040
RESIST1:6272
RESIST2:6348
TRADING STRATEGY: BUY ON DIPS
CAPITALSTARS.COM +919200099927
CS JEERA (MARCH) OVERVIEW:
TREND CONSOLIDATE
SUP1:11750
SUP2:11675
RESIST1:12270
RESIST2:12470
TRADING STRATEGY: SELL ON RISE
CAPITALSTAR0S.COM +919200099927
CS GOLD (APRIL) OVERVIEW:
TREND CONSOLIDATE
SUP1:28600
SUP2:28260
RESIST1:29100
RESIST2:29480
TRADING STRATEGY: SELL ON RISE
CAPITALSTARS.COM +919200099927
CS TURMERIC (APRIL) OVERVIEW:
TREND CONSOLIDATE
SUP1:6950
SUP2:6880
RESIST1:7260
RESIST2:7420
TRADING STRATEGY: SELL ON RISE
CAPITALSTARS.COM +919200099927
CS SILVER (MARCH) OVERVIEW:
TREND CONSOLIDATE
SUP1:44150
SUP2:43400
RESIST1:45750
RESIST2:45950
TRADING STRATEGY: SELL ON RISE
CAPITALSTARS.COM +919200099927
CS SOYABEAN (MARCH) OVERVIEW:
TREND CONSOLIDATE
SUP1:3780
SUP2:3700
RESIST1:3922
RESIST2:3967
TRADING STRATEGY: BUY ON DIPS
CAPITALSTARS.COM +919200099927

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