CAPITAL STROKE COMMODITY UPDATE 27 MAY 2014: : MCX NICKEL

NICKEL: - CONSOLIDATE STRATEGY BUY ON DIP R2-1180 R1-1165 S1-1140 S2-1125.Nickel prices supported on supply concerns as Indonesia, the largest supplier to China, banned ore exports to spur investment in domestic smelters.The nickel-fueled gains may not last as China may build smelters in Indonesia to get around the ban.Technically market is under short covering as market has witnessed drop in open interest by -4.94% to settled at 7287.
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CAPITAL STROKE COMMODITY UPDATE 27 MAY 2014:: MCX ZINC

ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-126 R1-124 S1-121 S2-119 .Zinc gained amid growing optimism over the health of the U.S. economy and speculation demand from China will increase in near-term.ECB President said that central bank may employ LTRO and ABS purchasing program, probably in June, responding to the stubbornly low inflation.Zinc daily stocks at Shanghai exchange came down by 3709 tonnes.
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CAPITAL STROKE COMMODITY UPDATE 27 MAY 2014: MCX SILVER

SILVER STRATEGY: - CONSOLIDATE STRATEGY BUY ON DIP R2-44500 R1-43000 S1-39000 S2-37500
Silver prices edged higher as market players monitored developments tied to the elections in Ukraine over the weekend.
Investors were also eyeing developments in Ukraine, after it launched air strikes and a paratrooper assault against pro-Russian rebels.

Trade volumes remained light with U.K. markets closed for a public holiday and markets in the U.S. remaining shut for the Memorial Day holiday.



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CAPITAL STROKE COMMODITY UPDATE 27 MAY 2014: MCX GOLD

CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-28000 R1-27700 S1-27100 S2-26700 .Gold prices seen supported from developments in Ukraine where pro-West billionaire Petro Poroshenko notched an emphatic win in presidential election.Market will be focused on an ECB meeting next week when the bank is expected to take steps to ease monetary policy furtherRecent outflows from gold funds have indicated that investor sentiment remains fragile.
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CAPITAL STROKE ALL COMMODITY RESISTANCE AND SUPPORT UPDATE 27 MAY 2014

COPPER: CONSOLIDATE STRATEGY BUY ON DIPR2-426 R1-422 S1-412 S2-406
LEAD: - CONSOLIDATE STRATEGY BUY ON DIP R2-129 R1-127 S1-123 S2-121
ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-126 R1-124 S1-121 S2-119
NICKEL: - CONSOLIDATE STRATEGY BUY ON DIP R2-1180 R1-1165 S1-1140 S2-1125
CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-28000 R1-27700 S1-27100 S2-26700
SILVER STRATEGY: - CONSOLIDATE STRATEGY BUY ON DIP R2-44500 R1-43000 S1-39000 S2-37500
CRUDE OIL: - CONSOLIDATE STRATEGY BUY ON DIPS R2-6300 R1-6250 S1-6120 S2-6050



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CAPITAL STROKE ALL COMMODITY RESISTANCE AND SUPPORT UPDATE 23 MAY 2014

COPPER: CONSOLIDATE STRATEGY BUY ON DIPR2-418 R1-412 S1-404 S2-398
LEAD: - CONSOLIDATE STRATEGY BUY ON DIP R2-127 R1-125 S1-121 S2-119
ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-125 R1-123 S1-119.5 S2-118
NICKEL: - CONSOLIDATE STRATEGY BUY ON DIP R2-1180 R1-1165 S1-1135 S2-1120
CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-27800 R1-27500 S1-27000 S2-26700
SILVER STRATEGY: - CONSOLIDATE STRATEGY BUY ON DIP R2-43500 R1-42500 S1-39000 S2-37500
CRUDE OIL: - CONSOLIDATE STRATEGY BUY ON DIPS R2-6200 R1-6140 S1-6030 S2-5950


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CAPITAL STROKE COMMODITY UPDATE 23 MAY 2014: MCX GOLD

CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-27800 R1-27500 S1-27000 S2-26700 
Gold dropped nearly Rs.1000 in 2 session to hit ten-month low after the Reserve Bank eased import norms.
Comex Gold steady near to $1300 as support seen after Fed's latest policy meeting suggested not to raise interest rates soon.
SPDR Gold Trust said its holdings fell 3.3 tonnes to 776.89 tonnes on Wednesday - the lowest since December 2008.

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CAPITAL STROKE COMMODITY UPDATE 23 MAY 2014: MCX SILVER

SILVER STRATEGY: - CONSOLIDATE STRATEGY BUY ON DIP R2-43500 R1-42500 S1-39000 S2-37500
Silver prices seen supported after the U.S. Federal Reserve indicated no intention to raise interest rates soon.
Fes’s minutes revealed U.S. central bank plans to continue tapering its monthly bond-buying program and rely on other tools to normalize monetary policy.
Holdings at ishares silver trust dropped by 0.35% i.e. 35.86 tonnes to 10284.40 tonnes from 10320.26 tonnes.

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CAPITAL STROKE COMMODITY UPDATE 23 MAY 2014:: MCX COPPER

COPPER: CONSOLIDATE STRATEGY BUY ON DIPR2-418 R1-412 S1-404 S2-398 
Copper recovered from lows to settle flat as investors cheered better than expected manufacturing data out of China.
The ICSG estimates that from Jan to Feb, world copper markets have moved from a surplus of 105kt in 2013 to a deficit of 128kt in 2014.
In euro zone, data showed that manufacturing activity in the single currency bloc expanded at the slowest rate in six months in May.


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CAPITAL STROKE COMMODITY UPDATE 23 MAY 2014:: MCX CRUDE OIL

CRUDE OIL: - CONSOLIDATE STRATEGY BUY ON DIPS R2-6200 R1-6140 S1-6030 S2-5950
Crude oil dropped as investors took profit on a rally that was driven by ongoing violence in Libya and positive economic data in China and the United States.
The oil market has also been supported by the conflict in Ukraine - a main gas supply route for Europe from Russia.
The ongoing conflict in Libya underpinned prices as the OPEC member's major western oilfields were still closed.


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