CAPITAL STROKE UPDATE 13-August-2014 : MCX GOLD

CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-29300 R1-29000 S1-28400 S2-28100
Gold settled flat as investors awaiting for further cues on U.S. monetary policy amid lingering concerns over geopolitical tensions.

Tensions in the Middle East also boosted gold's appeal as Obama administration has sent additional military personnel to Iraq.

Gold has gained this year, largely on tensions between the West and Russia over Ukraine and violence in the Middle East.

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CAPITAL STROKE UPDATE 13-August-2014: MCX SILVER

SILVER STRATEGY: - CONSOLIDATE STRATEGY BUY ON DIP R2-46500 R1-45000 S1-42000 S2-40500
Silver edged higher as market players continued to monitor geopolitical developments in Ukraine, Iraq and Gaza.

Bullion traded in choppy range after data out of Germany suggested the Russia-Ukraine conflict may be watering down global recovery.

Global economic data has also been strong, fuelling expectations that Fed will raise interest rates sooner rather than later.

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CAPITAL STROKE UPDATE 13-August-2014 : MCX CRUDE OIL

CRUDE OIL: - CONSOLIDATE STRATEGY BUY ON DIPS R2-6130 R1-6050 S1-5900 S2-5820
Crude oil dropped as steady supplies dispelled concerns over potential disruptions in producers including Iraq and Libya.

Pressure also seen after the International Energy Agency cut its forecast for global oil demand as it spoke of a supply “glut” in the Atlantic.

OPEC output rose by 300,000 bpd to a five-month high of 30.44 million bpd in July, it said, citing gains in Saudi Arabia and Libya.

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CAPITAL STROKE UPDATE 13-August-2014 : MCX COPPER

COPPER: CONSOLIDATE STRATEGY BUY ON DIP R2-440 R1-434 S1-422 S2-416
Copper prices fell after disappointing German data stoked concerns that growth is slowing in Europe's largest economy.

Poor data for the euro zone and Germany triggered concerns over a slowdown the German economy.

Investors remained cautious against geopolitical crisis and before the release of China’s fixed asset investment and housing investment data.


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CAPITAL STROKE UPDATE 13-August-2014 : MCX NICKEL

NICKEL: - CONSOLIDATE STRATEGY BUY ON DIP R2-1175 R1-1165 S1-1140 S2-1125
Nickel's gains were stoked by concerns over tightening supply amid Indonesia's continuing ban on exports of nickel ore.

Indonesia has no plans to wind back the seven-month-old ban on exports of unprocessed nickel.

Investors should keep a close eye on Germany’s preliminary Q2 GDP growth due for release on Thursday.

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CAPITAL STROKE UPDATE 13-August-2014 : MCX ZINC

ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-146 R1-144 S1-140 S2-138

Zinc paced gains amid signs demand is improving in China, the biggest consumer.
Zinc inventories monitored by the Shanghai Futures Exchange fell 1.9 percent last week to 199,449 tons, the lowest since December 2009.

Zinc stockpiles monitored by the LME, down 23 percent this year, climbed 1.3 percent to 715,650 tons, the highest since May data showed

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CAPITAL STROKE UPDATE 13-July-2014 : MCX ALUMINIUM

Aluminium trading range for the day is 123.4-126.2.
Aluminium ended with gains before July industrial production and retail sales data from China.

The ZEW think tank reported that the economic sentiment in the euro zone tumbled in August from 48.1to 23.7 and that in Germany also dropped sharply to 8.6

Aluminium daily stocks at Shanghai exchange came down by 1225 tonnes.

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CAPITAL STROKE UPDATE 13 August 2014 : MCX NATURAL GAS

Naturalgas trading range for the day is 241.8-248.8.
Natural gas gains as weather patterns called for warmer summer temperatures across much of the U.S. later this week.

Updated weather-forecasting models predicted a heat wave to move across the eastern U.S. from August 18 to August 22.

Injections of gas into storage have surpassed the five-year average for 16 consecutive weeks, alleviating concerns over tightening supplies.

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CAPITAL STROKE ALL COMMODITY RESISTANCE AND SUPPORT UPDATE 13 August 2014

CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-29300 R1-29000 S1-28400 S2-28100

SILVER STRATEGY: - CONSOLIDATE STRATEGY BUY ON DIP R2-46500 R1-45000 S1-42000 S2-40500

CRUDE OIL: - CONSOLIDATE STRATEGY BUY ON DIPS R2-6130 R1-6050 S1-5900 S2-5820

COPPER: CONSOLIDATE STRATEGY BUY ON DIP R2-440 R1-434 S1-422 S2-416

LEAD: - CONSOLIDATE STRATEGY BUY ON DIP R2-142 R1-140 S1-136 S2-135

ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-146 R1-144 S1-140 S2-138

NICKEL: - CONSOLIDATE STRATEGY BUY ON DIP R2-1175 R1-1165 S1-1140 S2-1125

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CAPITAL STROKE UPDATE 12-August-2014 : MCX GOLD

CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-29300 R1-28900 S1-28300 S2-28000

The Gold is in perfect uptrend .Currently Gold is in strong uptrend but volume is unsatisfactory The open interest is not increasing with trend . In last few days lot of positive accumulation happened in the Gold Cautious point is buying at higer levels seems decreasing. The Gold is now trading in overbought level. The Gold is now trading in overbought level. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Gold is 28127-28010-27911-27861-27615-27413-. Immediate resistance for Gold is 29201

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