DAILY COMMODITY MARKET STRATEGY-27 MAR

BASE METAL WRAP: Copper dropped from a two-week high amid concern that economic growth is slowing and default risks are rising in the biggest-user China at a time when global supplies are increasing.
ENERGY WRAP: West Texas Intermediate traded near the highest price in a week as crude stockpiles fell at the main U.S. oil storage hub and gasoline demand reached a three-month high. Brent in London was steady.

PRECIOUS METAL WRAP: Gold fell to near $1,300 an ounce on Wednesday as encouraging U.S. manufacturing data reduced bullion's appeal to institutional investors as a hedge against economic uncertainty, sending prices to their lowest in more than five weeks.

GLOBAL EVENTS TO WATCH: Trade Balance, Retail Sales m/m, Unemployment Claims, FOMC Member Pianalto Speaks, Final GDP q/q, Final GDP Price Index q/q, Pending Home Sales m/m, Natural Gas Storage.

AGRI COMMODITY BULLION COMMODITY
CS CHANA (APRIL) OVERVIEW:
TREND CONSOLIDATE
SUP1:3180
SUP2:3115
RESIST1:3420
RESIST2:3475
TRADING STRATEGY: BUY ON DIPS
CAPITALSTARS.COM +919200099927 +919977499927
CS COPPER (APRIL) OVERVIEW:
TREND CONSOLIDATE
SUP1:392
SUP2:389
RESIST1:406
RESIST2:409
TRADING STRATEGY: SELL ON RISE
CAPITALSTARS.COM +919200099927
CS JEERA (MARCH) OVERVIEW:
TREND BEARISH
SUP1:9340
SUP2:8400
RESIST1:10480
RESIST2:10750
TRADING STRATEGY: SELL ON RISE
CAPITALSTAR0S.COM +919200099927
CS CRUDE (APRIL) OVERVIEW:
TREND CONSOLIDATE
SUP1:5933
SUP2:5829
RESIST1:6150
RESIST2:6220
TRADING STRATEGY: SELL ON RISE
CAPITALSTARS.COM +919200099927
CS TURMERIC (APRIL) OVERVIEW:
TREND BEARISH
SUP1:6070
SUP2:5980
RESIST1:6510
RESIST2:6580
TRADING STRATEGY: SELL ON RISE
CAPITALSTARS.COM +919200099927
CS GOLD (APRIL) OVERVIEW:
TREND CONSOLIDATE
SUP1:28270
SUP2:28050
RESIST1:28750
RESIST2:29130
TRADING STRATEGY: SELL ON RISE
CAPITALSTARS.COM +919200099927
CS SOYABEAN (MARCH) OVERVIEW:
TREND CONSOLIDATE
SUP1:4150
SUP2:4080
RESIST1:4262
RESIST2:4350
TRADING STRATEGY: SELL ON RISE
CAPITALSTARS.COM +919200099927
CS SILVER (MAY) OVERVIEW:
TREND CONSOLIDATE
SUP1:42400
SUP2:40500
RESIST1:43400
RESIST2:44200
TRADING STRATEGY: SELL ON RISE
CAPITALSTARS.COM +919200099927
 

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