CAPITAL STROKE COMMODITY UPDATE 3 JULY 2014 : MCX GOLD

CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-28300 R1-28000 S1-27400 S2-27100 . Gold prices ended with losses as pressure due to firmness in rupee despite of strong buying by exchange-traded funds. Data showed U.S. private-sector hiring hit a 1-1/2-year high in June. RBI said it has sought quotes from banks to swap gold in its own vaults for international-standard gold, aiming to improve the management of its reserves. For more details visit us at http://www.capitalstroke.com or call us at 9770570009

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CAPITAL STROKE COMMODITY UPDATE 3 JULY 2014 : MCX SILVER

SILVER STRATEGY: - CONSOLIDATE STRATEGY BUY ON DIP R2-48000 R1-46500 S1-43500 S2-42000  Silver gains after Fed Chair said that policy will remain accommodative despite an increase in appetite for risk in financial markets U.S. data on jobs, unemployment and trade in expected on Thursday, while the outcome of ECB policy meeting will also be announced. Holdings at ishares silver trust dropped by 0.04% i.e. 3.95 tonnes to 10038.52 tonnes from 10042.47 tonnes.
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CAPITAL STROKE COMMODITY UPDATE 3 JULY 2014 :: MCX CRUDE OIL

CRUDE OIL: - CONSOLIDATE STRATEGY BUY ON DIPS R2-6360 R1-6300 S1-6180 S2-6120. Crude oil dropped on encouraging signs for supply from Libya and Iraq, despite a big draw in U.S. oil inventories. The U.S. Energy Information Administration said in its weekly report that U.S. crude oil inventories declined by 3.2 million barrels. Tropical Storm Arthur threatened on the U.S. East Coast as officials ordered evacuations in anticipation of heavy rain.
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CAPITAL STROKE COMMODITY UPDATE 3 JULY 2014 : MCX ZINC

ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-138 R1-136 S1-132 S2-130 . Zinc settled up as support seen as manufacturing expanded at the fastest pace this year in China. US ADP's newly increased jobs in June hit a 19-month high, reflecting US job market is improving. Canceled warrants, or orders to remove the metal from warehouses monitored by the LME, declined 87 percent this year.
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CAPITAL STROKE COMMODITY UPDATE 3 JULY 2014 :: MCX COPPER

COPPER: CONSOLIDATE STRATEGY BUY ON DIP R2-444 R1-438 S1-428 S2-422
. Copper gained after U.S. jobs data signalled a strengthening recovery in the world's largest economy, boosting demand prospects for the metal. The Purchasing Managers’ Index in June was 51, matching estimates, Chinese government data showed China's factory activity hit multi-month highs in June, surveys showed.
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CAPITAL STROKE COMMODITY UPDATE 3 JULY 2014 : : MCX NICKEL

NICKEL: - CONSOLIDATE STRATEGY BUY ON DIP R2-1205 R1-1190 S1-1155 S2-1140 . Nickel gained as the number of US ADP's employment in June was 281,000, a record high in one and 1/2 year, boosting market confidence. Both factory orders and revised durable goods orders for May missed forecasts Euro zone June PMIs, ECB interest rate decision as well as US June non-farm employment data will be released today.
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CAPITAL STROKE ALL COMMODITY RESISTANCE AND SUPPORT UPDATE 2 JULY 2014

CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-28300 R1-28000 S1-27400 S2-27100
SILVER STRATEGY: - CONSOLIDATE STRATEGY BUY ON DIP R2-48000 R1-46500 S1-43500 S2-42000
CRUDE OIL: - CONSOLIDATE STRATEGY BUY ON DIPS R2-6420 R1-6360 S1-6240 S2-6180


COPPER: CONSOLIDATE STRATEGY BUY ON DIP R2-438 R1-434 S1-422 S2-416
LEAD: - CONSOLIDATE STRATEGY BUY ON DIP R2-132 R1-130 S1-126 S2-124
ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-135 R1-133 S1-129 S2-127
NICKEL: - CONSOLIDATE STRATEGY BUY ON DIP R2-1180 R1-1165 S1-1135 S2-1115



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CAPITAL STROKE COMMODITY UPDATE 2 JULY 2014 : MCX SILVER

SILVER STRATEGY: - CONSOLIDATE STRATEGY BUY ON DIP R2-48000 R1-46500 S1-43500 S2-42000  .Silver settled flat on profit booking after prices seen supported as a broadly weaker U.S. dollar boosted the appeal of precious metal.San Francisco Fed President John Williams said the bank will probably need to hold interest rates near zero for at least another year.Investors were turning their attention to the U.S. nonfarm payrolls report for June, due to be released one day early on Thursday.

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CAPITAL STROKE COMMODITY UPDATE 2 JULY 2014 : MCX GOLD

CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-28300 R1-28000 S1-27400 S2-27100. Gold prices reversed gains to settle down as investors took profits after strong exchange-traded fund buying supported prices.The Institute for Supply Management said its index of purchasing managers fell to 55.3 last month from a reading of 55.4 in May.SPDR gold trust holdings gained by 5.69 tonnes i.e. 0.72% to 796.39 tonnes from 790.70 tonnes.
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CAPITAL STROKE COMMODITY UPDATE 2 JULY 2014 :: MCX CRUDE OIL

CRUDE OIL: - CONSOLIDATE STRATEGY BUY ON DIPS R2-6420 R1-6360 S1-6240 S2-6180 . Crude oil dropped on easing concerns of supply disruptions due to the conflicts in Iraq and Ukraine. Oil exports have not been disrupted so far, the geopolitical uncertainty is likely to keep supporting prices in the short term Today crude oil inventories: Exp: -2.2M Prev: 1.7M. Actual is at 8.00PM.

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