CAPITAL STROKE UPDATE 27-June-2014 : MCX ALUMINIUM

Aluminium trading range for the day is 110.8-113.6.
Aluminium ended with losses as pressure on disappointing US consumer spending data.
US private consumption grew by 0.2% in May from a month ago, missing expectations for a 0.4% rise but higher than the preliminary reading of a 0.1% fall.

Aluminium daily stocks at Shanghai exchange came down by 1248 tonnes.

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CAPITAL STROKE ALL COMMODITY RESISTANCE AND SUPPORT UPDATE 27 JUNE 2014

CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-28200 R1-27900 S1-27400 S2-27100

SILVER STRATEGY: - CONSOLIDATE STRATEGY BUY ON DIP R2-47500 R1-46000 S1-43000 S2-41500

CRUDE OIL: - CONSOLIDATE STRATEGY BUY ON DIPS R2-6520 R1-6440 S1-6320 S2-6250

COPPER: CONSOLIDATE STRATEGY BUY ON DIP R2-430 R1-426 S1-414 S2-408

LEAD: - CONSOLIDATE STRATEGY BUY ON DIP R2-133 R1-131 S1-127 S2-125

ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-135 R1-133 S1-128 S2-126

NICKEL: - CONSOLIDATE STRATEGY BUY ON DIP R2-1160 R1-1145 S1-1115 S2-1100


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CAPITAL STROKE UPDATE 26-June-2014 : MCX GOLD

CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-28200 R1-28000 S1-27400 S2-27100
Gold recovered from lows to settled flat after U.S. growth data came in weaker than expected, hitting the dollar.--
U.S. economy contracted at a much steeper pace in the first quarter than previously estimated.

Data showed gross domestic product fell at a 2.9 percent annual rate, the sharpest decline in five years.

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CAPITAL STROKE UPDATE 26-June-2014 : MCX SILVER

SILVER STRATEGY: - CONSOLIDATE STRATEGY BUY ON DIP R2-47500 R1-46000 S1-43000 S2-41500
Silver gained after weak U.S. GDP data sent investors rethinking how long interest rates may rise in the U.S.
The metal's appeal as hedge increased after data showed U.S. economy contracted at a much steeper pace in first quarter than estimated

U.S. first-quarter GDP was initially reported to have increased by 0.1%, but was subsequently revised to show a contraction of 1.0%.

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CAPITAL STROKE UPDATE 26-June-2014 : MCX CRUDE OIL

CRUDE OIL: - CONSOLIDATE STRATEGY BUY ON DIPS R2-6550 R1-6480 S1-6360 S2-6280
Crude oil gained amid fears the ongoing violence in Iraq could disrupt oil supplies from the region
U.S. crude inventories unexpectedly grew by 1.7 million barrels last week to 388.1 million barrels, data from the EIA showed.
OPEC is ready to pump extra oil in the event of any supply disruptions caused by Iraq and Saudi Arabia, can ramp up to capacity if needed

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CAPITAL STROKE UPDATE 26-June-2014 : MCX COPPER

COPPER: CONSOLIDATE STRATEGY BUY ON DIP R2-430 R1-426 S1-414 S2-408

Copper seen supported as the market brushed aside weak US economic growth data and refocused on falling global inventories.

Global inventories at warehouses tracked by the three main exchanges have declined 51 percent this year.
Prices are set to extend gains along with stimulus programs introduced by Chinese local governments and a fall in the US dollar index

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CAPITAL STROKE UPDATE 26-June-2014 : MCX ZINC

ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-135 R1-133 S1-128 S2-126
Zinc gained after data showed US Q1 GDP unexpectedly fell while US Markit PMI in June hit a record high since October 2009.
Yesterday the US durable goods orders slipped unexpected in May, the first decline in four months
The disappointing growth indicated the US economy took a severe hit from the unusually cold weather in the
first quarter of the year

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CAPITAL STROKE UPDATE 26-June-2014 : MCX NICKEL

NICKEL: - CONSOLIDATE STRATEGY BUY ON DIP R2-1145 R1-1130 S1-1100 S2-1085
Nickel settled up recovered from day's low on surplus concerns after LME-refined nickel inventories rose by 0.3% to 305kt.
The US durable goods orders slipped unexpected in May, the first decline in four months, which may indicate that US economy recovered slower than expected.
Market look's that Indonesia’s mineral ore ban will likely remain in effect for the foreseeable future.

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CAPITAL STROKE ALL COMMODITY RESISTANCE AND SUPPORT UPDATE 26 JUNE 2014

CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-28200 R1-28000 S1-27400 S2-27100

SILVER STRATEGY: - CONSOLIDATE STRATEGY BUY ON DIP R2-47500 R1-46000 S1-43000 S2-41500

CRUDE OIL: - CONSOLIDATE STRATEGY BUY ON DIPS R2-6550 R1-6480 S1-6360 S2-6280

COPPER: CONSOLIDATE STRATEGY BUY ON DIP R2-430 R1-426 S1-414 S2-408

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

ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-135 R1-133 S1-128 S2-126

NICKEL: - CONSOLIDATE STRATEGY BUY ON DIP R2-1145 R1-1130 S1-1100 S2-1085

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CAPITAL STROKE UPDATE 26-June-2014 : MCX NATURAL GAS

Natural gas trading range for the day is 271.3-280.3.
Natural gas dropped on expectations for rainy weather and cooler mercury readings to prompt households to throttle back on their air conditioning.
The five-year average build for the week is 81 billion. Total U.S. natural gas storage stood at 1.719 trillion cubic feet as of last week.
Today natural gas storage: Exp: 101B Prev: 113B. Actual is at 8.00PM

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