DAILY COMMODITY MARKET STRATEGY-30 APR

http://www.capitalstars.com/freetrials.php
BASE METAL WRAP: Copper prices declined on Tuesday, as investors remained cautious ahead of the Federal Reserve's policy meeting due to begin later in the day.

ENERGY WRAP: West Texas Intermediate headed for a second monthly drop amid speculation that crude inventories at an 83-year high expanded further in the U.S., the world’s biggest oil consumer. Brent slid in London.

PRECIOUS METAL WRAP: Gold held a drop below $1,300 an ounce, trimming a monthly increase, on speculation that the Federal Reserve will further reduce U.S. monetary stimulus at a two-day policy meeting that concludes today. Gold imports by China may drop over the next few months after the yuan fell, while shipments to India are picking up, signaling contrasting outlooks for the two largest users.

GLOBAL EVENTS TO WATCH:
BOC Gov Poloz Speaks, ANZ Business Confidence, Monetary Policy Statement, Monetary Policy Statement, Monetary Policy Statement, BOJ Press Conference, CPI Flash Estimate y/y, ADP Non-Farm Employment Change, GDP m/m, Advance GDP q/q, Advance GDP Price Index q/q, Employment Cost Index q/q, Chicago PMI, Crude Oil Inventories, FOMC Statement, Federal Funds Rate.
AGRI COMMODITY
BULLION COMMODITY
CS CHANA (MAY) OVERVIEW:
TREND CONSOLIDATE
SUP1:3040
SUP2:2975
RESIST1:3210
RESIST2:3260
TRADING STRATEGY: BUY ON DIPS
CAPITALSTARS.COM +919200099927 +919977499927
CS COPPER (APRIL) OVERVIEW:
TREND CONSOLIDATE
SUP1: 409
SUP2:406
RESIST1:412
RESIST2:416
TRADING STRATEGY: SELL ON RISE
CAPITALSTARS.COM +919200099927
CS JEERA (MAY) OVERVIEW:
TREND CONSOLIDATE
SUP1:10300
SUP2:10200
RESIST1:10840
RESIST2:11280
TRADING STRATEGY: BUY ON DIPS
CAPITALSTARS.COM +919200099927
CS CRUDE (MAY) OVERVIEW:
TREND CONSOLIDATE
SUP1:6020
SUP2:5930
RESIST1:6120
RESIST2:6210
TRADING STRATEGY: SELL ON RISE
CAPITALSTARS.COM +919200099927
CS TURMERIC (MAY) OVERVIEW:
TREND CONSOLIDATE
SUP1:6780
SUP2:6700
RESIST1:7122
RESIST2:7280
TRADING STRATEGY: BUY ON DIPS
CAPITALSTARS.COM +919200099927
CS GOLD (JUNE) OVERVIEW:
TREND CONSOLIDATE
SUP1:28525
SUP2:28260
RESIST1:28875
RESIST2:29150
TRADING STRATEGY: SELL ON RISE
CAPITALSTARS.COM +919200099927
CS SOYABEAN (MAY) OVERVIEW:
TREND BULLISH
SUP1:4650
SUP2:4535
RESIST1:4855
RESIST2:5080
TRADING STRATEGY: BUY ON DIPS
CAPITALSTARS.COM +919200099927
CS SILVER (MAY) OVERVIEW:
TREND CONSOLIDATE
SUP1:41500
SUP2:40480
RESIST1:42300
RESIST2:43000
TRADING STRATEGY: SELL ON RISE
CAPITALSTARS.COM +919200099927

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