CAPITAL STROKE UPDATE 14-July-2014 : MCX COPPER

COPPER: CONSOLIDATE STRATEGY BUY ON DIP R2-446 R1-442 S1-432 S2-426
Copper edged lower as investors eyed rising warehouse stocks, but prices gained on weekly basis with tightening global supplies.

China imported 350,000 mt of unwrought copper and copper semis in the month, down 7.9% and setting a low last seen in April 2013.

Copper inventories in Shanghai Futures Exchange warehouses rose 3.8 percent from last Friday to 84,453 tonnes.

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CAPITAL STROKE UPDATE 14 July-2014 : MCX ZINC

ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-142 R1-140 S1-136 S2-134
Zinc prices seen supported as stockpiles at the lowest level in more than three years fueled concern demand.

Inventories of zinc monitored by the LME fell 29 percent this year and had a 14th straight weekly drop this week.

Global zinc demand will exceed supply by 290,000 tons in 2014 and by 300,000 tons in 2015.

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CAPITAL STROKE UPDATE 14-July-2014 : MCX NICKEL

NICKEL: - CONSOLIDATE STRATEGY BUY ON DIP R2-1190 R1-1180 S1-1145 S2-1130
Nickel prices recovered on short covering after prices seen under pressure as trade data signaled prospects for less demand in China.

Nickel prices dropped as trade data signaled prospects for less demand in China.

Stocks are high, however, after years of overproduction, which the ban has yet to erode.

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CAPITAL STROKE UPDATE 14-July-2014 : MCX NATURAL GAS

Naturalgas trading range for the day is 246.3-252.5.
Naturalgas settled up after bargain hunters snapped up nicely-priced positions and reversed losses stemming from Thursday's supply report.
Prices seen under pressure on the numbers as well as weather forecasts calling for below-normal temperatures.
A frigid winter had depleted natural-gas inventories, raising questions about whether producers could replace those stockpiles.

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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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