CAPITAL STROKE UPDATE 19-June-2014 : MCX NATURAL GAS

Natural gas trading range for the day is 274.1-291.9.
Natural gas dropped by -1.68% on expectations that weekly government storage data will show an increase.
Today natural gas storage: Exp: 112B Prev: 107B. Actual is at 8.00PM

Updated weather-forecasting models continued to call for warm weather over the central and eastern U.S. over the next five days.

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CAPITAL STROKE UPDATE 19-June-2014 : MCX ALUMINIUM

Aluminium trading range for the day is 108.2-112.6.
Aluminium gains as support seen after China’s Premier said he is confident that China will meet its economic growth target of 7.5% this year.
The market will continue to absorb positive effects from Premier Li’s statement and the Fed’s interest rate decision

Aluminium daily stocks at Shanghai exchange came down by 5546 tonnes.

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CAPITAL STROKE ALL COMMODITY RESISTANCE AND SUPPORT UPDATE 19 JUNE 2014

CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-27400 R1-27100 S1-26500 S2-26200

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

CRUDE OIL: - CONSOLIDATE STRATEGY BUY ON DIPS R2-6520 R1-6450 S1-6320 S2-6250

COPPER: CONSOLIDATE STRATEGY BUY ON DIP R2-420 R1-414 S1-402 S2-396

LEAD: - CONSOLIDATE STRATEGY BUY ON DIP R2-130 R1-128 S1-124.5 S2-123

ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-132 R1-130 S1-126 S2-124

NICKEL: - CONSOLIDATE STRATEGY BUY ON DIP R2-1150 R1-1130 S1-1100 S2-1080

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CAPITAL STROKE UPDATE 18-June-2014 : MCX GOLD

CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-27400 R1-27100 S1-26500 S2-26200
Gold trading range for the day is 26410-27118.Gold settled flat as geopolitical concerns eased and investors withdrew money from the top bullion fund before a Federal Reserve meeting.
Gold premiums in India fell to their lowest in four months after the RBI allowed private companies to import gold.
SPDR gold trust holdings dropped by 0.26 tonnes i.e. 0.03% to 782.62 tonnes from 782.88 tonnes.

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CAPITAL STROKE UPDATE 18-June-2014 : MCX SILVER

SILVER STRATEGY: - CONSOLIDATE STRATEGY BUY ON DIP R2-45500 R1-44000 S1-40000 S2-38500
Silver gains tracking firmness in base metals prices after seen pressure as investors digested data on U.S. inflation and building permits.
The U.S. Department of Labor said that consumer prices rose by as a seasonally adjusted 0.4% last month, above forecasts for a 0.2% gain.

Markets are on the watch for any signals on when the U.S. central bank might begin raising interest rates.

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CAPITAL STROKE UPDATE 18-June-2014 : MCX CRUDE OIL

CRUDE OIL: - CONSOLIDATE STRATEGY BUY ON DIPS R2-6550 R1-6480 S1-6350 S2-6280
Crude oil dropped pressured by signs of a thaw in relations between Iran and the West.
The IEA expects world oil demand in 2014 to average 92.76 million bpd, 960,000 bpd more than expected in May 2013

Today crude oil inventories: Exp: -0.6M Prev: -2.6M. Actual is at 8.00PM

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CAPITAL STROKE UPDATE 18-June-2014 : MCX COPPER

COPPER: CONSOLIDATE STRATEGY BUY ON DIP R2-420 R1-414 S1-402 S2-396
Copper gained as China's affirmation of economic growth targets and expectations of further stimulus measures reassured investors.
China is confident it will hit its growth target of 7.5 percent this year, Chinese Premier said, adding government was ready to adjust policy to ensure it does.

China's production of refined copper in May rose 5.3 percent from the previous month, data from the National Bureau of Statistics showed.

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CAPITAL STROKE UPDATE 18-June-2014 : MCX ZINC

ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-131 R1-129 S1-125 S2-123
Zinc was a touch firmer after China's leaders reaffirmed a 7.5 percent economic growth target this year.
Firm prices and strong seasonal demand also boosted China's production of refined zinc and refined lead in May.
Refined zinc production was up 1.2 percent from the previous month to 461,021 tonnes in May.

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CAPITAL STROKE UPDATE 18-June-2014 : MCX NICKEL

NICKEL: - CONSOLIDATE STRATEGY BUY ON DIP R2-1190 R1-1170 S1-1140 S2-1120
Nickel ended with gains on continuing supply concerns.
The metal continued to take strength from an ore export ban in Indonesia, that has sharply constricted exports from the major producer.
Refined nickel fell 3.7 percent on-month to 27,751 tonnes in May, reversing a mild rise in April, the data showed.

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CAPITAL STROKE UPDATE 18-June-2014 : MCX NATURAL GAS

Naturalgas trading range for the day is 279.4-289.2.
Natural gas swung between small gains and losses, as market players continued to assess the outlook for U.S. demand and supply levels.
Updated weather-forecasting models showed that warmer weather was expected in the U.S. Central and East over the next five days.
Meanwhile, market players continued to assess the outlook for U.S. supply levels.

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