CAPITAL STROKE COMMODITY UPDATE 28 MARCH 2014: MCX GOLD

Trend updated for-Mar/28/2014.CMP-28449 Overall trend of the Gold is bearish for medium-long term .Currently Gold is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend .. The Gold is now trading in overbought level. The Gold is now trading in overbought level. The oscillator is showing SELL signal For short term Gold is in SELL position.Positionally Immediate support for Gold is 28177.Resistance for the Gold is 29509-29659-29691-29804-29935-30075


For more details contact : 0731-3299704 or Visit: http://capitalstroke.com/

Read More

CAPITAL STROKE COMMODITY UPDATE 28 MARCH 2014: MCX COPPER

Trend updated for-Mar/28/2014.CMP-401 Overall trend of the Copper is bearish for medium-long term.Currently Copper is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The Copper is now trading in highly oversold level. The Copper is now trading in highly oversold level. The oscillator is showing BUY signal For short term Copper is in HOLD SHORT position.Positionally Immediate support for Copper is 390.Resistance for the Copper is 406-421-436-446


For more details contact : 0731-3299704 or Visit: http://capitalstroke.com/

Read More

CAPITAL STROKE COMMODITY UPDATE 28 MARCH 2014: MCX NICKEL

Trend updated for-Mar/28/2014.CMP-946 The Nickel is in long- medium- short-medium- term bull phase .Currently Nickel is moving sideways The oscillator is showing SELL signal .In last 1 month volatality is very less Buy the Nickel above 1002 or buy with strict stop at 906. The oscillator is showing SELL signal For short term Nickel is in HOLD SHORT position.Positionally Support for the Nickel is 938-910-896-884-.Resistance for the Nickel is 969-975

For more details contact : 0731-3299704 or Visit: http://capitalstroke.com/

Read More

CAPITAL STROKE COMMODITY UPDATE 28 MARCH 2014: MCX ALUMINIUM

Trend updated for-Mar/28/2014.CMP-102 Overall trend of the Aluminium is bearish for medium-long term .Currently Aluminium is in strong downtrend

with good momentum and the trend is supported with good volume The open interest is not increasing with trend . Noting point is selling at lower levels

seems decreasing. The Aluminium is now trading in oversold level. The Aluminium is now trading in oversold level. The oscillator is showing SELL signal

For short term Aluminium is in SELL position.Positionally Immediate support for Aluminium is 101.Resistance for the Aluminium is 103-104-106-107-108

For more details contact : 0731-3299704 or Visit: http://capitalstroke.com/

Read More

CAPITAL STROKE COMMODITY UPDATE 28 MARCH 2014 : MCX NATURAL GAS

Trend updated for-Mar/28/2014. CMP-273 Overall trend of the Natural gas is bearish for medium-long term.Currently Natural gas is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend .. The Natural gas is now trading in oversold level. The Natural gas is now

trading in oversold level. The oscillator is showing BUY signal For short term Natural gas is in HOLD SHORT position.Positional Support for the Natural gas is 271-268-.Resistance for the Naturalgas is 277-285-289-299

For more details contact : 0731-3299704 or Visit: http://capitalstroke.com/

Read More

CAPITAL STROKE COMMODITY UPDATE 28 MARCH 2014: MCX ZINC

Trend updated for-Mar/28/2014.CMP-119 Overall trend of the Zinc is bearish for medium-long term .Currently Zinc is in strong downtrend but volume

is unsatisfactory The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The Zinc is now trading in

oversold level. The oscillator is showing SELL signal For short term Zinc is in HOLD SHORT position.Positionally Immediate support for Zinc is

117.Resistance for the Zinc is 121-124-125-126-127

For more details contact : 0731-3299704 or Visit: http://capitalstroke.com/

Read More

CAPITAL STROKE COMMODITY UPDATE 28 MARCH 2014: MCX CRUDE OIL

Trend updated for-Mar/28/2014. CMP-6139 The Crude oil is in long- short- term bull phase .Currently Crude oil is moving sideways The Crude oil is now trading in oversold level. The Crudeoil is now trading in oversold level. The oscillator is showing BUY signal but has moved past its recent high and the positive trend is still continuing. The Crudeoil is now trading in oversold level. The Crudeoil is now trading in oversold level. The oscillator is showing BUY signal For short term Crude oil is in HOLD LONG position.Positionally Support for the Crudeoil is 6080-6061-6042-6040-.Resistance for the Crude oil is 6188-6215

For more details contact : 0731-3299704 or Visit: http://capitalstroke.com/

Read More

CAPITAL STROKE COMMODITY UPDATE 27 MARCH 2014: MCX GOLD

Gold futures fell in the domestic market on Thursday as investors and speculators exited positions in the precious metal as outflows from gold-backed

exchange traded products signaled weakening investment demand for the bullion. Holdings in SPDR Gold Trust, the world's biggest gold-backed

exchange-traded fund, fell 1.80 tonnes to 816.97 tonnes on Wednesday.

Gold futures for April 2014 contract, at MCX, is trading at Rs. 28,415 per 10 grams, down by 0.55 per cent, after opening at Rs. 28,557, against the

previous closing price of Rs 28,571. It touched an intra-day low of Rs 28,395.


For more details contact : 0731-3299704 or Visit: http://capitalstroke.com/

Read More

CAPITAL STROKE COMMODITY UPDATE 27 MARCH 2014: MCX SILVER

Silver futures ended lower in the domestic market on Wednesday as investors and speculators exited positions in the precious metal amid weak cues from overseas market amid concerns that the US Fed may continue tapering QE, dimming the appeal of the bullion, hedge against the inflationary risk of monetary stimulus.
Silver futures for May 2014 contract, at MCX, closed at Rs. 43,046 per 10 grams, down by 1.06 per cent after opening at Rs. 43,528, against the previous closing price of Rs 43,508. It touched an intra-day low of Rs 42,870.

For more details contact : 0731-3299704 or Visit: http://capitalstroke.com/

Read More

CAPITAL STROKE COMMODITY UPDATE 27 MARCH 2014: MCX COPPER

Copper futures ended lower in the domestic market on Wednesday as investors and speculators exited positions in the industrial metal amid concerns that slowing economic growth and rising default risks in China, the world’s biggest metals consumer, may hit the demand for copper. Rising stockpiles of the metal also signaled abundant global supplies amid subdued demand.

At the MCX, Copper futures for April 2014 contract closed at `397.10 per 1 kg, down by 1.45 per cent after opening at `403 against the previous closing price of `402.95. It touched the intra-day low of `395.50 till the closing.


For more details contact : 0731-3299704 or Visit: http://capitalstroke.com/

Read More