CAPITAL STROKE UPDATE 5-August-2014 : MCX CRUDE OIL

CRUDE OIL: - CONSOLIDATE STRATEGY BUY ON DIPS R2-6150 R1-6080 S1-5950 S2-5880
Crude gains as renewed worries over potential disruption to supplies from continuing unrest in Libya and Iraq helped oil bounce off lows.

Libya's oil output is around 450,000 barrels per day, down from 500,000 bpd a week ago.In Iraq, July oil exports increased to an average of 2.44 million bpd, up from 2.42 million bpd in the previous month.

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CAPITAL STROKE UPDATE 5-August-2014 : MCX COPPER

COPPER: CONSOLIDATE STRATEGY BUY ON DIP R2-448 R1-444 S1-432 S2-426
Copper gained as a rally in China's stock markets indicated improving prospects for demand in the world's largest consumer of the industrial metal.

But copper investors were cautious however, given expectations for increased supply this year.

Investors worried that growing inventories of the industrial metal in Shanghai warehouses pointed to a slowdown in demand.

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CAPITAL STROKE UPDATE 5-August-2014 : MCX ZINC

ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-151 R1-149 S1-145 S2-143
Zinc rose as prospects the United States may hold off raising interest rates encouraged investors to buy metals facing a supply crunch.

Sentiment was tempered however after growth in China's services sector slowed sharply in July to its lowest level in nearly nine years.

Zinc daily stocks at Shanghai exchange came up by 82 tonnes.

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CAPITAL STROKE UPDATE 5-August-2014 : MCX NICKEL

NICKEL: - CONSOLIDATE STRATEGY BUY ON DIP R2-1155 R1-1145 S1-1115  S2-1100
Nickel gains tracking firmness in other base metals boosted by some strong economic data.

Nickel inventories are hitting record highs as hidden stocks leave China following a fraud probe at Qingdao's port, showing supplies are plentiful.

Investors have bet on shortages developing after Jakarta banned unprocessed ore exports, spurring a rally of 56% from the start of the year.

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CAPITAL STROKE UPDATE 5-July-2014 : MCX ALUMINIUM

Aluminium trading range for the day is 119.6-126.2.
Aluminium ended with gains as market sentiment picked up some after the news that Portugal’s Banco Espirito Santo has secured financial aid.

The euro zone’s PPI fell 0.8% YoY, beating expectations, and rose 0.1% MoM in June, up for the first time in six months.

Last week China reported robust manufacturing numbers while US data showed the economy rebounding sharply in the second quarter.

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CAPITAL STROKE UPDATE 5 August 2014 : MCX NATURAL GAS

Naturalgas trading range for the day is 230.4-239.
Natural gas rose after updated weather-forecasting models called for a return of seasonablywarm temperatures across the U.S.

Natgasweather.com reported that high pressure will hover over the western, southern, and eastern U.S. with temperatures warming into the 90s and 100s.

Investors digested last week's EIA's supply report rose by 88bcf, below expectations for anincrease of 93bcf.

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CAPITAL STROKE ALL COMMODITY RESISTANCE AND SUPPORT UPDATE 5 August 2014

CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-28700 R1-28400 S1-27800 S2-27500

SILVER STRATEGY: - CONSOLIDATE STRATEGY BUY ON DIP R2-47000 R1-46000 S1-43000 S2-41500

CRUDE OIL: - CONSOLIDATE STRATEGY BUY ON DIPS R2-6150 R1-6080 S1-5950 S2-5880

COPPER: CONSOLIDATE STRATEGY BUY ON DIP R2-448 R1-444 S1-432 S2-426

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

ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-151 R1-149 S1-145 S2-143

NICKEL: - CONSOLIDATE STRATEGY BUY ON DIP R2-1155 R1-1145 S1-1115  S2-1100

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CAPITAL STROKE UPDATE 4-August-2014 : MCX GOLD

CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-28400 R1-28200 S1-27700 S2-27400
Overall trend of the Gold is bearish for medium-long term .Currently Gold is moving sideways The Gold is now trading in overbought level. The Gold is now trading in overbought level. The oscillator is showing SELL signal but has moved past its recent high. The Gold is now trading in overbought level. The Gold is now trading in overbought level. The oscillator is showing SELL signal For short term Gold is in SELL position.Positionally Support for the Gold is 27808-27803-27720-27627-27246-.Resistance for the Gold is 28203-

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CAPITAL STROKE UPDATE 4-August-2014: MCX SILVER

SILVER STRATEGY: - CONSOLIDATE STRATEGY BUY ON DIP R2-47000 R1-46000 S1-43000 S2-41500
The Silver is in long- medium- term bull phase .Currently Silver is in strong downtrend with good momentum but volume is unsatisfactory The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Silver is in SELL position.Positionally Support for the Silver is 43006-42928-42576-.Resistance for the Silver is 44746-44925-44957-

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CAPITAL STROKE UPDATE 4-August-2014 : MCX COPPER

COPPER: CONSOLIDATE STRATEGY BUY ON DIP R2-444 R1-440 S1-430 S2-426
The Copper is in perfect uptrend .Currently Copper is moving sideways The oscillator is showing BUY signal .In last 1 month volatality is very less and fresh Buy can be considered in the Copper if it close above441 or buy with strict stop at 423. The oscillator is showing BUY signal For short term Copper is in HOLD LONG position.Positionally Support for the Copper is 430-419-415-412-. Immediate resistance for Copper is 441

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