CAPITAL STROKE COMMODITY UPDATE 29 MAY 2014 : MCX NATURAL GAS

Natural gas gained as market players prepped for the arrival of summertime temperatures in the U.S., which should hike demand. Demand for natural gas tends to rise in the summer months as warmer temperatures increase the need for gas.Today natural gas storage: Exp: 110B Prev: 106B. Actual is at 8.00PM. 
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CAPITAL STROKE COMMODITY UPDATE 29 MAY 2014 MCX ALUMINUM

 Aluminum ended with gains on speculation that supplies of the metal will trail global demand. The aluminum market will be in deficit this year by 1.3 million metric tons, leading global producer United Co. Rusal said. The euro zone economic confidence index was reported up and higher than forecast in May, but Germany’s jobless rate increased. 
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CAPITAL STROKE ALL COMMODITY RESISTANCE AND SUPPORT UPDATE 28 MAY 2014

CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-27400 R1-27100 S1-26700 S2-26500
SILVER STRATEGY: - CONSOLIDATE STRATEGY BUY ON DIP R2-43500 R1-42000 S1-39000 S2-37500
 CRUDE OIL: - CONSOLIDATE STRATEGY BUY ON DIPS R2-6280 R1-6200 S1-6080 S2-6000

COPPER: CONSOLIDATE STRATEGY BUY ON DIPR2-426 R1-422 S1-410 S2-406
 LEAD: - CONSOLIDATE STRATEGY BUY ON DIP R2-129 R1-127 S1-123 S2-121
 ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-126 R1-124.5 S1-121 S2-119
 NICKEL: - CONSOLIDATE STRATEGY BUY ON DIP R2-1180 R1-1170 S1-1140 S2-1125
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CAPITAL STROKE COMMODITY UPDATE 28 MAY 2014 MCX ALUMINUM

Aluminium trading range for the day is 104-106.4.Aluminium gained on the heels of rosy US durable goods orders for April and the Conference Board’s Consumer Confidence Index for MayECB Governing Council member Nowotny said ECB has been worried about the stubbornly low inflation, and would keep its key interest rate low for quite some timeAluminium daily stocks at Shanghai exchange came down by 776 tonnes.

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CAPITAL STROKE COMMODITY UPDATE 28 MAY 2014 : MCX NATURAL GAS

Natural gas trading range for the day is 255.1-271.3.
Natural gas rallied as updated weather-forecasting called for above-normal temperatures in US through the first week of June.
Prices are expected to swung in the range today as trader awating for invenory data to assessed the outlook for U.S. demand and supply levels.

Demand for natural gas tends to rise in the summer months as warmer temperatures increase the need for gas-fired electricity to power air conditioning.

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CAPITAL STROKE COMMODITY UPDATE 28 MAY 2014 : : MCX NICKEL

NICKEL: - CONSOLIDATE STRATEGY BUY ON DIP R2-1180 R1-1170 S1-1140 S2-1125.Nickel gained as support seen after report showed that US consumer confidence rose in May while and US durable goods orders rose 0.8% in April.Traders also continued to mull the likelihood that China would enact fresh stimulus measures to support its slowing economy.Technically market is under short covering as market has witnessed drop in open interest by -4.09% to settled at 6989.

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CAPITAL STROKE COMMODITY UPDATE28 MAY 2014 :: MCX ZINC

ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-126 R1-124.5 S1-121 S2-119.Zinc prices ended with gains as some support seen after data showed that US May PMI and Conference Board’s CCI were both positive.In the US, orders for durable manufactured goods increased 0.8% MoM in April, exceeding the 0.7% decline expectedZinc daily stocks at Shanghai exchange came down by 2299 tonnes. 

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CAPITAL STROKE COMMODITY UPDATE 28 MAY 2014 :: MCX COPPER

COPPER: CONSOLIDATE STRATEGY BUY ON DIPR2-426 R1-422 S1-410 S2-406.Copper settled above 415 level as support continuous to be seen after stronger US economic data and hopes of stimulus from Chinese government.China’s Refined Copper Output Grows by 15,000 Tonnes in Apr. 2014Investors should keep close watch on economic reports from euro zone member countries, which could provide clues about the ECB’S fresh interest rate meet. 

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CAPITAL STROKE COMMODITY UPDATE 28 MAY 2014 :: MCX CRUDE OIL

CRUDE OIL: - CONSOLIDATE STRATEGY BUY ON DIPS R2-6280 R1-6200 S1-6080 S2-6000.Crude recovered from the losses as support seen on concerns that Libyan oil exports fell further and conflict in the Ukraine could raise the risk premium.Upbeat U.S. data cushioned losses by stoking expectations that demand will increase in the world's largest consumer of crude.This week's official data will publish on Thursday, due to Monday's holiday, though expectations that supply is large enough

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CAPITAL STROKE COMMODITY UPDATE 28 MAY 2014 : MCX SILVER

SILVER STRATEGY: - CONSOLIDATE STRATEGY BUY ON DIP R2-43500 R1-42000 S1-39000 S2-37500 .Silver ended lower as pressure seen after positive U.S. housing and consumer confidence data sparked demand for the dollarOrders for long-lasting U.S. manufactured goods unexpectedly rose in April and consumer confidence perked up in May, supporting rebound in economic growth.Tuesday's data renewed market expectations 

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