DAILY COMMODITY MARKET STRATEGY-15 Sep 2014

BASE METAL WRAP: Copper lead most industrial metals lower after factory and retail-sales data signalled further slowing in China, the world’s biggest user.

ENERGY WRAP: West Texas Intermediate and Brent crude declined for a second day as China’s industrial output expanded at the weakest pace since the global financial crisis.

PRECIOUS METAL WRAP: Gold rallied from an eight-month low, snapping three days of losses, on speculation that reduced prices may spur purchases before the Federal Reserve begins a two-day policy meeting.

GLOBAL EVENTS TO WATCH: Empire State Manufacturing Index, Capacity Utilization Rate, Capacity Utilization Rate.

AGRI COMMODITY	BULLION COMMODITY
CS CHANA (SEPTEMBER)) OVERVIEW: TREND CONSOLIDATE SUP1:2780 SUP2:2740 RESIST1:2830 RESIST2:2870 TRADING STRATEGY: SELL ON RISE	CS COPPER (NOVEMBER) OVERVIEW: TREND BEARISH SUP1:417 SUP2:412 RESIST1:426 RESIST2:428 TRADING STRATEGY: SELL ON RISE
CS JEERA (SEPTEMBER) OVERVIEW: TREND BEARISH SUP1:10675 SUP2:10530 RESIST1:10940 RESIST2:11100 TRADING STRATEGY: SELL ON RISE	CS CRUDE (SEPTEMBER) OVERVIEW: TREND BEARISH SUP1:5550 SUP2:5500 RESIST1:5710 RESIST2:5780 TRADING STRATEGY: SELL ON RISE
CS TURMERIC (OCTOBER) OVERVIEW: TREND BEARISH SUP1:5980 SUP2:5850 RESIST1:6200 RESIST2:6370 TRADING STRATEGY: SELL ON RISE	CS GOLD (OCTOBER) OVERVIEW: TREND BEARISH SUP1:26700 SUP2:26500 RESIST1:27430 RESIST2:27480 TRADING STRATEGY: SELL ON RISE
CS SOYABEAN (OCTOBER) OVERVIEW: TREND CONSOLIDATE SUP1:3080 SUP2:2950 RESIST1:3240 RESIST2:3280 TRADING STRATEGY: SELL ON RISE	CS SILVER (DECEMBER) OVERVIEW: TREND BEARISH SUP1:40950 SUP2:40500 RESIST1:41800 RESIST2:42280 TRADING STRATEGY: SELL ON RISE

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