DAILY COMMODITY MARKET STRATEGY-06 MAR 2014

BASE METAL WRAP: COPPER futures have settled slightly lower on the London Metal Exchange (LME), losing ground following the release of weaker-than-expected US manufacturing data. The ISM's nonmanufacturing purchasing managers index fell to 51.6 last month, below an estimate of 53.5 by forecasters.

ENERGY WRAP: West Texas Intermediate fell for a third day after U.S. government data showed distillate and crude stockpiles increased in the world’s biggest oil consumer.

PRECIOUS METAL WRAP: Gold prices fell in Asia on tensions easing between Russia and the Ukraine and continued profit taking from overnight leading the yellow metal lower on prospects for a weaker dollar.

GLOBAL EVENTS TO WATCH: Retail Sales m/m, Trade Balance, Asset Purchase Facility, Official Bank Rate, MPC Rate Statement, Challenger Job Cuts y/y, Minimum Bid Rate, FOMC Member Dudley Speaks, Building Permits m/m, ECB Press Conference, Unemployment Claims, Revised Nonfarm Productivity q/q, Revised Unit Labor Costs q/q, Ivey PMI, Factory Orders m/m, Natural Gas Storage, FOMC Member Plosser Speaks.

Agri COMMODITY	COMMODITY
CS CHANA (APRIL) OVERVIEW: TREND BULLISH SUP1:3115 SUP2:3100 RESIST1:3240 RESIST2:3280 TRADING STRATEGY:BUY ON DIPS CAPITALSTARS.COM +919200099927 +919977499927	CS COPPER (APRIL) OVERVIEW: TREND CONSOLIDATE SUP1:436 SUP2:435 RESIST1:440 RESIST2:444 TRADING STRATEGY: BUY ON DIPS CAPITALSTARS.COM +919200099927
CS JEERA (MARCH) OVERVIEW: TREND BEARISH SUP1:11200 SUP2:10900 RESIST1:11500 RESIST2:11700 TRADING STRATEGY: SELL ON RISE CAPITALSTAR0S.COM +919200099927	CS CRUDE (MARCH) OVERVIEW: TREND CONSOLIDATE SUP1:6150 SUP2:6050 RESIST1:6275 RESIST2:6310 TRADING STRATEGY: BUY ON DIPS CAPITALSTARS.COM +919200099927
CS TURMERIC (APRIL) OVERVIEW: TREND CONSOLIDATE SUP1:7040 SUP2:6820 RESIST1:7300 RESIST2:7470 TRADING STRATEGY: BUY ON DIPS CAPITALSTARS.COM +919200099927	CS GOLD (APRIL) OVERVIEW: TREND CONSOLIDATE SUP1:29880 SUP2:29750 RESIST1:30320 RESIST2:30680 TRADING STRATEGY: BUY ON DIPS CAPITALSTARS.COM +919200099927
CS SOYABEAN (MARCH) OVERVIEW: TREND BULLISH SUP1:4115 SUP2:4040 RESIST1:4290 RESIST2:4410 TRADING STRATEGY: BUY ON DIPS CAPITALSTARS.COM +919200099927	CS SILVER (MAY) OVERVIEW: TREND CONSOLIDATE SUP1:46000 SUP2:45700 RESIST1:47400 RESIST2:48400 TRADING STRATEGY: SELL ON RISE CAPITALSTARS.COM +919200099927