CAPITAL STROKE UPDATE 6-August-2014 : MCX ALUMINIUM

Trend updated for-Aug/06/2014.CMP-123 The Aluminium is in perfect uptrend .Currently Aluminium is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend .. The Aluminium is now trading in overbought level. The Aluminium is now trading in overbought level. The oscillator is showing BUY signal For short term Aluminium is in HOLD LONG position.Positionally Support for the Aluminium is 121-118-114-111-110-. Immediate resistance for Aluminium is 124resistance for Aluminium is 123

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CAPITAL STROKE ALL COMMODITY RESISTANCE AND SUPPORT UPDATE 6 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 R2-46500 R1-45000 S1-42000 S2-40500

CRUDE OIL: - CONSOLIDATE STRATEGY BUY ON DIPS R2-6100 R1-6020 S1-5880 S2-5800

COPPER: CONSOLIDATE STRATEGY BUY ON DIP R2-444 R1-438 S1-428 S2-424

LEAD: - CONSOLIDATE STRATEGY BUY ON DIP R2-141 R1-139 S1-135 S2-133

ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-149 R1-147 S1-143 S2-141

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

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CAPITAL STROKE UPDATE 5-August-2014 : MCX GOLD

CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-28700 R1-28400 S1-27800 S2-27500
Gold fell as a bailout agreement to rescue Portugal's largest listed bank and higher equities lessened safe-haven buying.

Bullion has dropped in five out of the last six sessions after a string of encouraging U.S. economic data.

SPDR gold trust holdings dropped by 1.79 tonnes i.e. 0.22% to 800.05 tonnes from 801.84 tonnes.

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CAPITAL STROKE UPDATE 5-August-2014: MCX SILVER

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

Silver dropped as investors assessed the health of the U.S. economy and the timing of future interest rate hikes from the Federal Reserve.

A run of forecast-beating data, including strong U.S. wage growth, had fueled talk that the Fed could raise interest rates sooner than expected.

Holdings at ishares silver trust dropped by 0.04% i.e. 4.38 tonnes to 10010.25 tonnes from
10014.63 tonnes.

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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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