CAPITAL STROKE UPDATE 10-July-2014 : MCX NATURAL GAS

Natural gas trading range for the day is 248.8-255.2.
Natural gas gains as investors readjusted positions ahead of closely-watched supply report to gauge the strength of cooling demand.
Natural gas stockpiles have grown by 100 or more billion cubic feet for eight consecutive weeks, a record streak since 1994.

Total U.S. natural gas storage stood at 1.929 trillion cubic feet as of last week, 25.7% below their level this time last year.

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CAPITAL STROKE UPDATE 10-June-2014 : MCX ALUMINIUM

Aluminium trading range for the day is 113.5-116.9.
Aluminium dropped as market players were cautious due to sluggish economic data from China and ahead of the Fed minute announcement.
However downside seen limited underpinned by improving prospects for global growth and shrinking supply.

China's consumer inflation cooled slightly more than expected in June, pointing to lingering weakness in the economy.

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CAPITAL STROKE ALL COMMODITY RESISTANCE AND SUPPORT UPDATE 10 JULY 2014

CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-28300 R1-27900 S1-27300 S2-26900

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

CRUDE OIL: - CONSOLIDATE STRATEGY BUY ON DIPS R2-6240 R1-6180 S1-6050 S2-5980

COPPER: CONSOLIDATE STRATEGY BUY ON DIP R2-442 R1-436 S1-426 S2-420

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

ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-139 R1-137 S1-133 S2-131

NICKEL: - CONSOLIDATE STRATEGY BUY ON DIP R2-1190 R1-1175 S1-1145 S2-1130

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CAPITAL STROKE UPDATE 9-July-2014 : MCX GOLD

CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-28100 R1-27800 S1-27200 S2-26900
Gold settled flat as dollar's recent rally faded and investors awaited clearer signs from the Fed that it is on track to raise U.S. interest rates next year.
A strong U.S. non-farm payrolls report last week pressured gold prices, with speculation that Fed could increase rates as soon as the first quarter of 2015.
SPDR gold trust holdings gained by 2.09 tonnes i.e. 0.26% to 800.28 tonnes from 798.19 tonnes.

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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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