CAPITAL STROKE UPDATE 16-June-2014 : MCX ZINC

ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-126 R1-126 S1-124 S2-120
Zinc ended with gains as China's industry output in May was positive, boosting market confidence.
But euro zone trade data in April, US May PPI and University of Michigan's June CCI all fell far short of expectations, limiting upside.
Zinc weekly stocks at Shanghai exchange came down by 2296 tonne

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CAPITAL STROKE UPDATE 16-June-2014 : MCX NICKEL

NICKEL: - CONSOLIDATE STRATEGY BUY ON DIP R2-1110 R1-1095 S1-1065 S2-1050
Nickel rose on short covering as prices recovered sank to its lowest price in about a month on Thursday.
China's industry output in May was up 8.8%, with the growth up 0.1% YoY.
In the U.S., data released Friday showed that that U.S. consumer sentiment unexpectedly deteriorated in June.

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CAPITAL STROKE UPDATE 16-June-2014 : MCX NATURAL GAS

Natural gas trading range for the day is 279.9-289.3.
Natural gas settled up after U.S. stockpiles of the fuel increased at a slower rate than expected.
The boost comes after the latest stockpile update by the U.S. Energy Information Administration failed to meet projections.
Stocks were 727 bcf less than last year at this time and 877 bcf below the five-year average of 2.483 trillion cubic feet.

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CAPITAL STROKE UPDATE 16-June-2014 : MCX ALUMINIUM

Aluminium trading range for the day is 107.1-109.7.
Aluminium gained as China’s industrial output and retail sales data for May matched forecasts, easing worries over a China slowdown.
In the week ahead, investors will be focusing on the outcome of Wednesday’s Federal Reserve policy meeting.
Aluminium weekly stocks at Shanghai exchange came up by 626 tonnes.

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CAPITAL STROKE ALL COMMODITY RESISTANCE AND SUPPORT UPDATE 16 JUNE 2014

CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-27300 R1-27000 S1-26300 S2-26000

SILVER STRATEGY: - CONSOLIDATE STRATEGY BUY ON DIP R2-45500 R1-44000 S1-40000 S2-38500

CRUDE OIL: - CONSOLIDATE STRATEGY BUY ON DIPS R2-6450 R1-6380 S1-6250 S2-6170

COPPER: CONSOLIDATE STRATEGY BUY ON DIP R2-412 R1-406 S1-394 S2-388

LEAD: - CONSOLIDATE STRATEGY BUY ON DIP R2-128 R1-126 S1-122 S2-120

ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-126 R1-126 S1-124 S2-120

NICKEL: - CONSOLIDATE STRATEGY BUY ON DIP R2-1110 R1-1095 S1-1065 S2-1050

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CAPITAL STROKE UPDATE 13-June-2014 : MCX GOLD

CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-26900 R1-26600 S1-26000 S2-25700
Gold prices gained after unrest in Iraq threatened to erupt into outright civil war, which bolstered the yellow metal's safe-haven appeal.
Also support seen as weaker than expected retail sales and initial jobless claims underlined concerns over the health of the U.S. economy.

The U.S. Commerce Department said that retail sales inched up by a seasonally adjusted 0.3% last month, missing expectations.

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CAPITAL STROKE UPDATE 13-June-2014 : MCX SILVER

SILVER STRATEGY: - CONSOLIDATE STRATEGY BUY ON DIP R2-44500 R1-43000 S1-40000 S2-38500
Silver gains as weaker than expected U.S. data on retail sales and initial jobless claims underlined concerns over the health of the U.S. economy.
More short covering and bargain hunting were featured, as has been the case the past few sessions.

Now, some safe-haven demand is also surfacing due to unrest in Iraq.

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CAPITAL STROKE UPDATE 13-June-2014 : MCX CRUDE OIL

CRUDE OIL: - CONSOLIDATE STRATEGY BUY ON DIPS R2-6400 R1-6350 S1-6230 S2-6150
Crude oil ended with gains amid mounting concerns over escalating violence in Iraq.
Exports from northern Iraq have been halted for months because of damage to the pipeline that runs to the Turkish port of Ceyhan.

The violence in Iraq may put at risk projections by the OPEC for extra supply.

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CAPITAL STROKE UPDATE 13-June-2014 : MCX COPPER

COPPER: CONSOLIDATE STRATEGY BUY ON DIPR2-406 R1-400 S1-390 S2-384
Copper dropped on caution over a Chinese investigation into metals financing that could impact metals trade and release metal onto the market.
China's central bank said it would keep monetary policy steady in 2014, even as the finance ministry said fiscal spending had surged nearly 25 percent in May.

Thousands of tonnes of "invisible" copper now being hurriedly ushered out of some Chinese warehouses may remain out of sight for months longer.


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CAPITAL STROKE UPDATE 13-June-2014 : MCX ZINC

ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-126 R1-124 S1-120 S2-118
Zinc ended with losses as concerns over China’s metal demand and weak US economic data reported weighed on prices.
Combined with worse-than-expected US retail sales in May, risk aversion increased, pushing down prices.

Zinc daily stocks at Shanghai exchange came up by 1503 tonnes.

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