CAPITAL STROKE UPDATE 14-June-2014 : MCX ALUMINIUM

Aluminium trading range for the day is 114.3-116.7.
Aluminium prices gained with LME stocks down to their lowest since September 2009.Aluminium prices also seen supported with Alcoa increasing its estimate for the global aluminium market deficit this year.
Official data showed that China's primary aluminium production grew 7.9% from the year before in the first 5 months of 2014.

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CAPITAL STROKE ALL COMMODITY RESISTANCE AND SUPPORT UPDATE 14 JULY 2014

CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-29100 R1-28700 S1-28000 S2-27700

SILVER STRATEGY: - CONSOLIDATE STRATEGY BUY ON DIP R2-49000 R1-47500 S1-44500 S2-43000

CRUDE OIL: - CONSOLIDATE STRATEGY BUY ON DIPS R2-6220 R1-6150 S1-6000 S2-5930

COPPER: CONSOLIDATE STRATEGY BUY ON DIP R2-446 R1-442 S1-432 S2-426

LEAD: - CONSOLIDATE STRATEGY BUY ON DIP R2-136 R1-134 S1-130 S2-127

ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-142 R1-140 S1-136 S2-134

NICKEL: - CONSOLIDATE STRATEGY BUY ON DIP R2-1190 R1-1180 S1-1145 S2-1130

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CAPITAL STROKE UPDATE 11-July-2014 : MCX NATURAL GAS

Naturalgas trading range for the day is 245.2-255.4.
Naturalgas settled down after official data revealed U.S. stockpiles rose more than expected last week.

The U.S. Energy Information Administration said in its weekly report that natural gas storage rose by 93 billion cubic feet.

The five-year average change for the week is an increase of 72 billion cubic feet.

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CAPITAL STROKE UPDATE 11-July-2014 : MCX NICKEL

NICKEL: - CONSOLIDATE STRATEGY BUY ON DIP R2-1190 R1-1175 S1-1145 S2-1130
Nickel dropped as inventories rose, giving investors a reminder of an overhang of material despite an Indonesian export ban.
However downside was limited after upbeat U.S. jobs data raised the prospect of higher demand for industrial metals.
In the US, wholesale inventories and sales both missed expectations in May.

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CAPITAL STROKE UPDATE 11-July-2014 : MCX ZINC

ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-140 R1-138 S1-135 S2-133
Zinc settled up as support seen due to weakness in rupee despite macroeconomic data released yesterday was mixed. China's import data in June fell short of market expectations, but helped undermine negative effects from China's probe into financing fraud at the Port of Qingdao.

Zinc daily stocks at Shanghai exchange came up by 608 tonnes.

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CAPITAL STROKE UPDATE 11-July-2014 : MCX COPPER

COPPER: CONSOLIDATE STRATEGY BUY ON DIP R2-446 R1-442 S1-432 S2-426
Copper settled up with tightening global supplies and economic optimism driving prices higher.

Chinese trade data added to signs the economy is slowly stabilising after a weak start to the year.

China's copper imports fell 7.9 percent month-on-month in June, dropping as Chinese banks reduced lending for metals imports.

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CAPITAL STROKE UPDATE 11-July-2014 : MCX CRUDE OIL

CRUDE OIL: - CONSOLIDATE STRATEGY BUY ON DIPS R2-6300 R1-6230 S1-6100 S2-6050
Crudeoil settled up on demand from bargain hunters who felt prices had fallen too far on global supply expectations
OPEC expects its share of the world oil market to shrink in 2015 for a third year running, due in part to the U.S. shale oil boom.
Making its first 2015 forecast in a monthly report, the OPEC said demand for its oil next year would average 29.37 million barrels per day.

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CAPITAL STROKE UPDATE 11-July-2014 : MCX SILVER

SILVER STRATEGY: - CONSOLIDATE STRATEGY BUY ON DIP R2-49000 R1-47500 S1-44500 S2-43000
Silver rose on demand from investors seeking safe-harbor from fears southern Europe's banking sector may be in trouble.Sentiments that the Federal Reserve will keep rates unchanged long after it concludes stimulus programs also supported the prices.
Prices rose on safe-haven demand while, weak euro zone factory data further bolstered the precious metal's appeal.

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CAPITAL STROKE UPDATE 11-July-2014 : MCX GOLD

CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-29200 R1-28900 S1-28100 S2-27900
Gold gained amid expectations the Fed will keep rates on hold for an extended period of time after the bank’s bond-buying program ends. Minutes of the Fed’s June policy meeting released showed that officials agreed to end the central bank’s asset purchase program in October SPDR gold trust holdings dropped by 0.23 tonnes i.e. 0.03% to 800.05 tonnes from 800.28 tonnes.

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CAPITAL STROKE ALL COMMODITY RESISTANCE AND SUPPORT UPDATE 11 JULY 2014

CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-29200 R1-28900 S1-28100 S2-27900

SILVER STRATEGY: - CONSOLIDATE STRATEGY BUY ON DIP R2-49000 R1-47500 S1-44500 S2-43000

CRUDE OIL: - CONSOLIDATE STRATEGY BUY ON DIPS R2-6300 R1-6230 S1-6100 S2-6050

COPPER: CONSOLIDATE STRATEGY BUY ON DIP R2-446 R1-442 S1-432 S2-426

LEAD: - CONSOLIDATE STRATEGY BUY ON DIP R2-135 R1-133 S1-129 S2-127

ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-140 R1-138 S1-135 S2-133

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

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