DAILY COMMODITY MARKET STRATEGY-30th JULY 2014


















BASE METAL WRAP: 
Copper prices slipped on Tuesday, as prospects of growing supplies overshadowed encouraging signs of health in the global economy, and zinc retreated after hovering near three-year highs on expectations of a tightening market.

ENERGY WRAP: 
West Texas Intermediate crude traded near the lowest price in two weeks before government data that may signal the strength of fuel consumption in the U.S., the world’s biggest oil user. Brent fell in London.

PRECIOUS METAL WRAP: 
Gold traded near the lowest level this week and was poised for a monthly decline as signs that U.S. economic growth is gaining momentum countered haven demand from increased tension in Ukraine and Gaza.

GLOBAL EVENTS TO WATCH: 
German Prelim CPI m/m, ADP Non-Farm Employment Change, Advance GDP q/q, Advance GDP Price Index q/q, Crude Oil Inventories, FOMC Statement, Federal Funds Rate.

For more detail call us:  0731- 6790000,6669900 
Click here: capitalstars.com

AGRI COMMODITY BULLIONS COMMODITY
CS CHANA (AUGUST) OVERVIEW:
TREND CONSOLIDATE
SUP1:2795
SUP2:2740
RESIST1:2900
RESIST2:2926
TRADING STRATEGY: SELL ON RISE
WWW.CAPITALSTARS.COM +917316790000
CS COPPER (AUG) OVERVIEW:
TREND CONSOLIDATE
SUP1:428
SUP2:425
RESIST1:434
RESIST2:438
TRADING STRATEGY: SELL ON RISE
WWW.CAPITALSTARS.COM +917316790000
CS JEERA (AUGUST) OVERVIEW:
TREND CONSOLIDATE
SUP1:11250
SUP2:11000
RESIST1:11620
RESIST2:11780
TRADING STRATEGY: SELL ON RISE
WWW.CAPITALSTARS.COM +917316790000
CS CRUDE (AUGUST) OVERVIEW:
TREND CONSOLIDATE
SUP1:6010
SUP2:5950
RESIST1:6230
RESIST2:6300
TRADING STRATEGY: SELL ON RISE
WWW.CAPITALSTARS.COM +917316790000
CS TURMERIC (AUGUST) OVERVIEW:
TREND CONSOLIDATE
SUP1:6370
SUP2:6316
RESIST1:6600
RESIST2:6700
TRADING STRATEGY: BUY ON DIPS
WWW.CAPITALSTARS.COM +917316790000
CS GOLD (AUG) OVERVIEW:
TREND CONSOLIDATE
SUP1:27600
SUP2:27300
RESIST1:28100
RESIST2:28400
TRADING STRATEGY: SELL ON RISE
WWW.CAPITALSTARS.COM +917316790000
CS SOYABEAN (OCTOBER) OVERVIEW:
TREND CONSOLIDATE
SUP1:3630
SUP2:3580
RESIST1:3750
RESIST2:3860
TRADING STRATEGY: SELL ON RISE
WWW.CAPITALSTARS.COM +917316790000
CS SILVER (SEPTEMBER) OVERVIEW:
TREND CONSOLIDATE
SUP1:43600
SUP2:42900
RESIST1:44800
RESIST2:45300
TRADING STRATEGY: SELL ON RISE
WWW.CAPITALSTARS.COM +917316790000

1 comment:

  1. NCDEX accredited warehouses chana stocks gained by 90 tonnes to 121657 tonnes, information by Epic research.

    ReplyDelete