DAILY COMMODITY MARKET STRATEGY-8 APR

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BASE METAL WRAP: Nickel climbed for a seventh day, the longest run since October 2010, on concern that global consumption will exceed supply after Indonesia halted shipments.

ENERGY WRAP: West Texas Intermediate crude rebounded amid speculation gasoline supplies dropped for a seventh week in the U.S., the world’s biggest oil consumer. Brent rose in London on renewed tensions between the West and Russia over Ukraine.

PRECIOUS METAL WRAP: Gold rose more than 1 percent on Tuesday boosted by technical buying after crossing the $1,300-an-ounce mark, while mounting geopolitical tensions in Ukraine burnished its safe-haven appeal.

GLOBAL EVENTS TO WATCH:
Manufacturing Production m/m, NFIB Small Business Index, Building Permits m/m, JOLTS Job Openings, FOMC Member Kocherlakota Speaks.
BULLION COMMODITY
CS COPPER (APRIL) OVERVIEW:
TREND CONSOLIDATE
SUP1:395
SUP2:392
RESIST1:409
RESIST2:411
TRADING STRATEGY: SELL ON RISE
CAPITALSTARS.COM +919200099927
CS CRUDE (APRIL) OVERVIEW:
TREND CONSOLIDATE
SUP1:5990
SUP2:5920
RESIST1:6150
RESIST2:6220
TRADING STRATEGY: SELL ON RISE
CAPITALSTARS.COM +919200099927
CS GOLD (JUNE) OVERVIEW:
TREND CONSOLIDATE
SUP1:27800
SUP2:27340
RESIST1:28800
RESIST2:29000
TRADING STRATEGY: SELL ON RISE
CAPITALSTARS.COM +919200099927
CS SILVER (MAY) OVERVIEW:
TREND CONSOLIDATE
SUP1:42400
SUP2:40500
RESIST1:43450
RESIST2:44200
TRADING STRATEGY: SELL ON RISE
CAPITALSTARS.COM +919200099927

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