DAILY COMMODITY MARKET STRATEGY-14 MAR

http://www.capitalstars.com/freetrials.php
BASE METAL WRAP: Copper prices re-approached the lowest level since July 2010 on Thursday, after weaker than expected Chinese economic data added to concerns over the health of the world’s second largest economy.

ENERGY WRAP: West Texas Intermediate crude rebounded from a one-month low, narrowing its discount to Brent, as better-than-expected U.S. economic reports raised expectations that fuel demand will be stronger. Brent dropped.

PRECIOUS METAL WRAP: Gold climbed to the highest level in six months as escalating tension in Ukraine, before a vote in Crimea on breaking away to join Russia, and concern that China’s growth is faltering boosted demand for a store of value.

GLOBAL EVENTS TO WATCH: PPI m/m, Core PPI m/m, Prelim UoM Consumer Sentiment, Prelim UoM Inflation Expectations.
AGRI COMMODITY BULLION COMMODITY
CS COPPER (APRIL) OVERVIEW:
TREND BEARISH
SUP1:396
SUP2:393
RESIST1:407
RESIST2:410
TRADING STRATEGY: SELL ON RISE
CAPITALSTARS.COM +919200099927
CS CHANA (APRIL) OVERVIEW:
TREND CONSOLIDATE
SUP1:3180
SUP2:3115
RESIST1:3475
RESIST2:3495
TRADING STRATEGY:BUY ON DIPS
CAPITALSTARS.COM +919200099927 +919977499927
CS CRUDE (MARCH) OVERVIEW:
TREND CONSOLIDATE
SUP1:5930
SUP2:5820
RESIST1:6100
RESIST2:6156
TRADING STRATEGY: SELL ON RISE
CAPITALSTARS.COM +919200099927
CS JEERA (MARCH) OVERVIEW:
TREND BEARISH
SUP1:10300
SUP2:10000
RESIST1:10840
RESIST2:11200
TRADING STRATEGY: SELL ON RISE
CAPITALSTAR0S.COM +919200099927
CS GOLD (APRIL) OVERVIEW:
TREND CONSOLIDATE
SUP1:30300
SUP2:29880
RESIST1:30680
RESIST2:30940
TRADING STRATEGY: BUY ON DIPS
CAPITALSTARS.COM +919200099927
CS TURMERIC (APRIL) OVERVIEW:
TREND BEARISH
SUP1:6700
SUP2:6610
RESIST1:6850
RESIST2:7022
TRADING STRATEGY: SELL ON RISE
CAPITALSTARS.COM +919200099927
CS SILVER (MAY) OVERVIEW:
TREND CONSOLIDATE
SUP1:45500
SUP2:45000
RESIST1:47440
RESIST2:48320
TRADING STRATEGY: BUY ON DIPS
CAPITALSTARS.COM +919200099927
CS SOYABEAN (MARCH) OVERVIEW:
TREND CONSOLIDATE
SUP1:4115
SUP2:4040
RESIST1:4278
RESIST2:4340
TRADING STRATEGY: BUY ON DIPS
CAPITALSTARS.COM +919200099927

0 comments: