CAPITAL STROKE COMMODITY UPDATE 4 JULY 2014 : MCX SILVER

SILVER STRATEGY: - CONSOLIDATE STRATEGY BUY ON DIP R2-48000 R1-46500 S1-43500 S2-42000 .Silver dropped after robust U.S. jobs data fueled demand for the dollar, which tends to trade inversely with the precious metals.ECB President reiterated the bank’s forward guidance that rates will remain on hold at present or lower levels for an extended period.Fed policymakers have in the past promised to keep rates near zero until U.S. unemployment falls below 5.5 percent. For more details visit : http://capitalstroke.com/ or call us at : 9770570009

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CAPITAL STROKE COMMODITY UPDATE 4 JULY 2014 :: MCX CRUDE OIL

CRUDE OIL: - CONSOLIDATE STRATEGY BUY ON DIPS R2-6350 R1-6280 S1-6150 S2-6080 .Crude oil dropped as supply fears began to ease after Libya declared an end to an oil crisis that has slashed exports from the OPEC member.Libya's government said it had reached a deal with a rebel leader controlling oil ports involving the handover of the last two terminals.In Iraq production fell by about 170,000 bpd in June, with southern exports affected by technical issues. For more details visit : http://capitalstroke.com/ or call us at : 9770570009

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CAPITAL STROKE COMMODITY UPDATE 4 JULY 2014 : MCX ZINC

ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-138 R1-136 S1-132 S2-130
Zinc dropped on profit booking after prices touched a near three-year peak, with fund buying lifting the sector as the demand outlook brightens.
Prices seen supported lifted by expectations that mine closures and declining ore grades would lead to shortages in the market.
LME stocks of special high-grade zinc in the US totaled 729,275 metric tons, falling by nearly 17% from 874,350 metric tons in March 2013. For more details visit : http://capitalstroke.com/ or call us at : 9770570009

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CAPITAL STROKE COMMODITY UPDATE 4 JULY 2014 :: MCX COPPER

COPPER: CONSOLIDATE STRATEGY BUY ON DIP R2-444 R1-438 S1-428 S2-422 .Copper gained on fund buying after strong U.S. jobs data boosted hopes that economic recovery would spur demand. Employment growth jumped in June while the jobless rate closed in on a six-year low, showing the U.S. economy was rebounding. ECB Draghi stated in a press conference that the central bank will maintain current interest rates for an extended period of time. For more details visit : http://capitalstroke.com/ or call us at : 9770570009

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CAPITAL STROKE COMMODITY UPDATE 4 JULY 2014 : : MCX NICKEL

NICKEL: - CONSOLIDATE STRATEGY BUY ON DIP R2-1210 R1-1195 S1-1165 S2-1150. Nickel gained as investors saw fund buying in the wake of healthy economic data from the United States. Nickel raced to a high of $21,625 in May, but has since struggled to regain as investors realised that no shortages had yet emerged due to high levels of stocks. Technically market is under fresh buying as market has witnessed gain in open interest by 3.89% to settled at 8069.For more details visit : http://capitalstroke.com/ or call us at : 9770570009

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CAPITAL STROKE COMMODITY UPDATE 4 JULY 2014 MCX ALUMINUM

Aluminium trading range for the day is 113.1-115.7.Aluminium rose boosted by expectations that a recovery in the economies of US and China will help spur demand for metals. China’s aluminum semis exports fell 6.90% to 270,000 tonnes in May from a year ago due to falling exports of plate/sheet, strip and flake. Profit-taking activities and fraudulent commodity financing at the Chinese Port of Tianjin are set to weigh down base metals markets. For more details visit : http://capitalstroke.com/ or call us at : 9770570009

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CAPITAL STROKE COMMODITY UPDATE 4 JULY 2014 : MCX NATURAL GAS

Naturalgas trading range for the day is 256.7-266.3.Natural gas rose after a weekly U.S. supply report met market expectations. The U.S. Energy Information Administration said in its weekly report that natural gas storage in the U.S. rose by 100 billion cubic feet. The five-year average change for the week is an increase of 68 billion cubic feet.
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CAPITAL STROKE ALL COMMODITY RESISTANCE AND SUPPORT UPDATE 3 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 R2-6360 R1-6300 S1-6180 S2-6120
COPPER: CONSOLIDATE STRATEGY BUY ON DIP R2-444 R1-438 S1-428 S2-422
LEAD: - CONSOLIDATE STRATEGY BUY ON DIP R2-135 R1-133 S1-129 S2-127
ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-138 R1-136 S1-132 S2-130
NICKEL: - CONSOLIDATE STRATEGY BUY ON DIP R2-1205 R1-1190 S1-1155 S2-1140
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CAPITAL STROKE COMMODITY UPDATE 3 JULY 2014 : MCX NATURAL GAS

Naturalgas trading range for the day is 255.1-271.3. Natural gas fell after investors avoided the commodity ahead of Thursday's weekly U.S. supply report. Natural gas stockpiles have grown by more than 100 billion cubic feet for seven consecutive weeks, a record streak since 1994. Today natural gas storage: Exp: 100B Prev: 110B.


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CAPITAL STROKE COMMODITY UPDATE 3 JULY 2014 MCX ALUMINUM

Aluminium trading range for the day is 110.4-116.2. Aluminium prices ended with gains buoyed by encouraging employment in US private sector in June. Japanese aluminium buyers will mostly pay record high premiums of $400-$408 per tonne over LME prices for July-September shipments Positive ADP employment report has strengthened optimism over forthcoming non-farm payrolls.


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