DAILY COMMODITY MARKET STRATEGY-26 Sep 2014

BASE METAL WRAP: Copper rebounded from the lowest in 14 weeks before U.S. data that’s forecast to show faster growth in the world’s second-biggest metals user.

ENERGY WRAP: Brent crude headed for a third weekly loss this month amid speculation that plentiful oil supplies will buffer the market from unrest in the Middle East.

PRECIOUS METAL WRAP: Gold headed for the first weekly advance this month as a retreat in global equities and tensions in the Middle East boosted demand for a protection of wealth, countering expectations for higher U.S. borrowing costs.

GLOBAL EVENTS TO WATCH: CB Leading Index m/m, Final GDP q/q, Final GDP Price Index q/q, Revised UoM Consumer Sentiment, Revised UoM Inflation Expectations.

AGRI COMMODITY	BULLION COMMODITY
CS CHANA (OCTOBER)) OVERVIEW: TREND CONSOLIDATE SUP1:2740 SUP2:2695 RESIST1:2830 RESIST2:2890 TRADING STRATEGY: BUY ON DIPS	CS COPPER (NOVEMBER) OVERVIEW: TREND CONSOLIDATE SUP1:412 SUP2:407 RESIST1:422 RESIST2:427 TRADING STRATEGY: SELL ON RISE
CS JEERA (OCTOBER) OVERVIEW: TREND BEARISH SUP1:10380 SUP2:10300 RESIST1:10705 RESIST2:10940 TRADING STRATEGY: SELL ON RISE	CS CRUDE (OCTOBER) OVERVIEW: TREND CONSOLIDATE SUP1:5585 SUP2:5550 RESIST1:5800 RESIST2:5890 TRADING STRATEGY: SELL ON RISE
CS TURMERIC (OCTOBER) OVERVIEW: TREND CONSOLIDATE SUP1:5950 SUP2:5850 RESIST1:6170 RESIST2:6250 TRADING STRATEGY: SELL ON RISE	CS GOLD (OCTOBER) OVERVIEW: TREND BEARISH SUP1:26290 SUP2:26000 RESIST1:27000 RESIST2:27120 TRADING STRATEGY: SELL ON RISE
CS SOYABEAN (OCTOBER) OVERVIEW: TREND BEARISH SUP1:3078 SUP2:3010 RESIST1:3170 RESIST2:3250 TRADING STRATEGY: SELL ON RISE	CS SILVER (DECEMBER) OVERVIEW: TREND BEARISH SUP1:38400 SUP2:37400 RESIST1:39900 RESIST2:40300 TRADING STRATEGY: SELL ON RISE

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