DAILY COMMODITY MARKET STRATEGY-13 Oct 2014

BASE METAL WRAP: Industrial metals advanced amid speculation demand will be sustained as trade data from China, the biggest user, beat expectations and Premier Li Keqiang said the nation sees growth this year hitting its 7.5 percent target.

ENERGY WRAP: Brent crude’s biggest slump in two years is coming to an end as the most timely measure of supply and demand signals a glut is clearing.

PRECIOUS METAL WRAP: Gold climbed to the highest level in almost four weeks as concern that global growth is slowing stoked bets the U.S. Federal Reserve may push back interest-rate increases, boosting demand for a store of wealth.

GLOBAL EVENTS TO WATCH: Trade Balance, Euro group Meetings.

AGRI COMMODITY	BULLION COMMODITY
CS CHANA (NOVEMBER) OVERVIEW: TREND CONSOLIDATE SUP1:2870 SUP2:2840 RESIST1:2945 RESIST2:2970 TRADING STRATEGY: BUY ON DIPS	CS COPPER (NOVEMBER) OVERVIEW: TREND CONSOLIDATE SUP1:409 SUP2:407 RESIST1:418 RESIST2:422 TRADING STRATEGY: SELL ON RISE
CS JEERA (NOVEMBER) OVERVIEW: TREND BEARISH SUP1:10590 SUP2:10520 RESIST1:10920 RESIST2:11110 TRADING STRATEGY: SELL ON RISE	CS CRUDE (OCTOBER) OVERVIEW: TREND BEARISH SUP1:5064 SUP2:4925 RESIST1:5300 RESIST2:5378 TRADING STRATEGY: SELL ON RISE
CS TURMERIC (NOVEMBER) OVERVIEW: TREND CONSOLIDATE SUP1:5950 SUP2:5830 RESIST1:6200 RESIST2:6320 TRADING STRATEGY: BUY ON DIPS	CS GOLD (DECEMBER) OVERVIEW: TREND CONSOLIDATE SUP1:26650 SUP2:26450 RESIST1:27000 RESIST2:26840 TRADING STRATEGY: BUY ON DIPS
CS SOYABEAN (NOVEMBER) OVERVIEW: TREND CONSOLIDATE SUP1:2908 SUP2:2850 RESIST1:3004 RESIST2:3045 TRADING STRATEGY: SELL ON RISE	CS SILVER (DECEMBER) OVERVIEW: TREND CONSOLIDATE SUP1:38300 SUP2:38050 RESIST1:39200 RESIST2:39630 TRADING STRATEGY: BUY ON DIPS

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