CAPITAL STROKE UPDATE 9-July-2014 : MCX SILVER

SILVER STRATEGY: - CONSOLIDATE STRATEGY BUY ON DIP R2-48000 R1-46500 S1-43500 S2-42000
Silver settled flat as investors continued to fret over the possibility of an earlier-than-expected hike in U.S. interest rates.Prices seen under pressure after U.S. Fed policymaker Jeffrey Lacker said he sees inflation firming this year.

Minneapolis Fed President Narayana Kocherlakota warned that the labor market has a long way to go until the U.S. central bank reaches its goal.

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CAPITAL STROKE UPDATE 9-July-2014 : MCX CRUDE OIL

CRUDE OIL: - CONSOLIDATE STRATEGY BUY ON DIPS R2-6320 R1-6250 S1-6120 S2-6050
Crude oil dropped as prospects for a rise in Libyan oil exports improved and fears of supply disruption in Iraq eased.
Saudi Arabia, will supply full contracted volumes of crude to at least one Asian term buyer in August, unchanged from July.
Today crude oil inventories: Exp: -1.7M Prev: -3.2M. Actual is at 8.00PM

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CAPITAL STROKE UPDATE 9-July-2014 : MCX COPPER

COPPER: CONSOLIDATE STRATEGY BUY ON DIP R2-444 R1-440 S1-430 S2-424
Copper settled flat as pressure seen amid profit booking after prices gained as growing optimism over the health of the U.S. economy supported.Prospects for economic recovery gathered pace following last week's encouraging U.S. jobs data and upbeat factory numbers from China.
Favourable fundamentals include inventory levels in LME warehouses, which, at 158,050 tonnes, are at their lowest in nearly six years.

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CAPITAL STROKE UPDATE 9-July-2014 : MCX ZINC

ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-140 R1-138 S1-134 S2-132
Zinc raced to its highest in nearly three years on expectations of tightening supplies.Zinc prices also seen supported this year, lifted by expectations that mine closures and declining ore grades would lead to shortages.Doubts about the outlook for European demand remain, however, with recent data from Germany
pointing to a soft patch.

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CAPITAL STROKE UPDATE 9-July-2014 : MCX NICKEL

NICKEL: - CONSOLIDATE STRATEGY BUY ON DIP R2-1210 R1-1195 S1-1165 S2-1150
Nickel gained as economic growth in China is set to improve, helped by easing and stronger export markets.
Global supply will exceed demand by 44,200 tons in 2014 before shifting to a deficit of 97,100 tons in 2015, the first annual shortfall since 2010.
Nickel inventories monitored by the London Metal Exchange rose have advanced 17 percent this year.

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CAPITAL STROKE UPDATE 9-July-2014 : MCX ALUMINIUM

Aluminium trading range for the day is 113.4-116.6.
Aluminium gained as the Organisation for Economic Co-operation and Development indicated rosy outlook for the US economy in its economic report.
Alcoa Inc has increased its estimate for the global aluminium market deficit this year due to capacity cuts in China.
The Job Openings & Labor Turnover Survey (JOLTs) for May revealed that job openings in the US increased to 4.64 million

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CAPITAL STROKE UPDATE 9-July-2014 : MCX NATURAL GAS

Natural gas trading range for the day is 245.4-257.4.
Natural gas continued to its weak trend as supplies continued to grow.
Natural gas got hit hard as tropical storm activity could cool temperatures.

Natural gas stockpiles have grown by 100 or more billion cubic feet for eight consecutive weeks, a record streak since 1994.

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CAPITAL STROKE ALL COMMODITY RESISTANCE AND SUPPORT UPDATE 9 JULY 2014

CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-28100 R1-27800 S1-27200 S2-26900

SILVER STRATEGY: - CONSOLIDATE STRATEGY BUY ON DIP R2-48000 R1-46500 S1-43500 S2-42000

CRUDE OIL: - CONSOLIDATE STRATEGY BUY ON DIPS R2-6320 R1-6250 S1-6120 S2-6050

COPPER: CONSOLIDATE STRATEGY BUY ON DIP R2-444 R1-440 S1-430 S2-424

LEAD: - CONSOLIDATE STRATEGY BUY ON DIP R2-136 R1-134 S1-130 S2-128

ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-140 R1-138 S1-134 S2-132

NICKEL: - CONSOLIDATE STRATEGY BUY ON DIP R2-1210 R1-1195 S1-1165 S2-1150


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CAPITAL STROKE UPDATE 8-July-2014 : MCX SILVER

SILVER STRATEGY: - CONSOLIDATE STRATEGY BUY ON DIP R2-48000 R1-46500 S1-43500 S2-42000
Silver settled down held a retreat from a three-month high as investors assessed the timing of U.S. interest-rate increases.

Bullion prices continued to slump after the Department of Labor reported last week that non-farm payrolls rose.

Inventories in total known silver-backed ETFs climbed around 4.5% on a yearly basis compared to a 16% fall in gold holdings.

A strong U.S. economy could force the Fed to reconsider its pledge and raise rates sooner than expected, hurting bullion prices.

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CAPITAL STROKE UPDATE 8-July-2014 : MCX GOLD

CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-28100 R1-27800 S1-27200 S2-26900

Gold slipped lower, after last week's strong US employment data dashed the case for owning the precious metal.

The U.S. Department of Labor said non-farm payrolls rose by 288,000 last month, easily surpassing expectations.

Physical demand in top gold consumer Asia has also been weak as the metal is holding above $1,300.

SPDR Gold Trust, said its holdings rose 1.8 tonnes to 798.19 tonnes on Monday.

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