DAILY COMMODITY MARKET STRATEGY-12 FEB
BASE METAL WRAP: Copper led gains in industrial metals after China’s trade surplus widened more than estimated in January and as imports of the commodity used in wiring rose.
ENERGY WRAP: West Texas Intermediate crude rose for the sixth time in seven days after an industry report showed distillate stockpiles shrank last week in the U.S., the world’s biggest oil consumer. Natural gas rose for a second day amid speculation that U.S. inventories of the heating fuel declined more than the seasonal average last week as cold weather stoked demand.
PRECIOUS METAL WRAP: Gold retreated from the highest level since November as a five-day advance damped physical demand and U.S. Federal Reserve Chairman Janet Yellen pledged to continue with a gradual tapering of stimulus.
GLOBAL EVENTS TO WATCH: Trade Balance, BOE Gov Carney Speaks, BOE Inflation Report, ECB President Draghi Speaks, Crude Oil Inventories, 10-y Bond Auction.
 
ENERGY WRAP: West Texas Intermediate crude rose for the sixth time in seven days after an industry report showed distillate stockpiles shrank last week in the U.S., the world’s biggest oil consumer. Natural gas rose for a second day amid speculation that U.S. inventories of the heating fuel declined more than the seasonal average last week as cold weather stoked demand.
PRECIOUS METAL WRAP: Gold retreated from the highest level since November as a five-day advance damped physical demand and U.S. Federal Reserve Chairman Janet Yellen pledged to continue with a gradual tapering of stimulus.
GLOBAL EVENTS TO WATCH: Trade Balance, BOE Gov Carney Speaks, BOE Inflation Report, ECB President Draghi Speaks, Crude Oil Inventories, 10-y Bond Auction.
| COMMODITY | AGRI COMMODITY | 
CS
   COPPER (FEB.) OVERVIEW: 
TREND
   CONSOLIDATE 
SUP1:440 
SUP2:436 
RESIST1:447 
RESIST2:449 
TRADING
   STRATEGY: SELL ON RISE 
CAPITALSTARS.COM
   +919200099927 | 
  
CS
   CHANA (APRIL) OVERVIEW: 
TREND
   CONSOLIDATE 
SUP1:3027 
SUP2:2950  
RESIST1:3090 
RESIST2:3124 
TRADING
   STRATEGY: BUY ON DIPS 
CAPITALSTARS.COM
   +919200099927 +919977499927 | 
 
CS
   CRUDE (FEB.) OVERVIEW: 
TREND
   CONSOLIDATE 
SUP1:6200 
SUP2:6160 
RESIST1:6368 
RESIST2:6467 
TRADING
   STRATEGY: BUY ON DIPS 
CAPITALSTARS.COM
   +919200099927 | 
  
CS
   JEERA (MARCH) OVERVIEW: 
TREND
   CONSOLIDATE 
SUP1:11750 
SUP2:11675 
RESIST1:12270 
RESIST2:12470 
TRADING
   STRATEGY: SELL ON RISE 
CAPITALSTAR0S.COM
   +919200099927 | 
 
CS
   GOLD (APRIL) OVERVIEW: 
TREND
   CONSOLIDATE 
SUP1:28890 
SUP2:28720 
RESIST1:29260 
RESIST2:29480 
TRADING
   STRATEGY: BUY ON DIPS 
CAPITALSTARS.COM
   +919200099927 | 
  
CS
   TURMERIC (APRIL) OVERVIEW: 
TREND
   CONSOLIDATE 
SUP1:6950 
SUP2:6880 
RESIST1:7374 
RESIST2:7530 
TRADING
   STRATEGY: SELL ON RISE 
CAPITALSTARS.COM
   +919200099927 | 
 
CS
   SILVER (MARCH) OVERVIEW: 
TREND
   CONSOLIDATE 
SUP1:44150 
SUP2:43400  
RESIST1:45750 
RESIST2:45950 
TRADING
   STRATEGY: BUY ON DIPS 
CAPITALSTARS.COM
   +919200099927 | 
  
CS
   SOYABEAN (MARCH) OVERVIEW: 
TREND
   CONSOLIDATE 
SUP1:3820 
SUP2:3780 
RESIST1:3922 
RESIST2:3967 
TRADING
   STRATEGY: SELL ON RISE 
CAPITALSTARS.COM
   +919200099927 | 
 

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