DAILY COMMODITY MARKET STRATEGY-28 MAR


 BASE METAL WRAP: Copper headed for a second weekly advance on concern that supplies from global mines will trail forecasts and amid speculation demand may increase in China, the biggest user of industrial metals.

ENERGY WRAP: West Texas Intermediate headed for a second weekly advance amid shrinking stockpiles at the U.S. oil storage hub in Cushing, Oklahoma, and concern the crisis in Ukraine threatens supplies from Russia.

PRECIOUS METAL WRAP: Gold trimmed a second weekly loss as investors weighed speculation a drop below $1,300 an ounce will spur demand against signs of a U.S. recovery, which may add to the case for tapering. Platinum and palladium advanced.

GLOBAL EVENTS TO WATCH:
Current Account, Core PCE Price Index m/m, Personal Spending m/m, Personal Income m/m, Revised UoM Consumer Sentiment, Revised UoM Inflation Expectations.

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
RESIST1:10325
RESIST2:10500
TRADING STRATEGY: SELL ON RISE
CAPITALSTAR0S.COM +919200099927
CS CRUDE (APRIL) OVERVIEW:
TREND CONSOLIDATE
SUP1:5970
SUP2:5930
RESIST1:6150
RESIST2:6220
TRADING STRATEGY: BUY ON DIPS
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 BEARISH
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
RESIST1:4350
RESIST2:4400
TRADING STRATEGY: BUY ON DIPS
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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