CAPITAL STROKE COMMODITY UPDATE 19-AUG-2014 : MCX ALUMINIUM

Aluminium trading range for the day is 119.7-123.7. Aluminium rose as some investors regarded recent losses as overdone but gains were capped after new home prices in China fell. Figures from the NAHB showed that US homebuilder sentiment rose in August to a 7-month high of 55 from 53Aluminium daily stocks at Shanghai exchange came down by 8745 tonnes.
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CAPITAL STROKE COMMODITY UPDATE 19-AUG-2014 : MCX NICKEL

NICKEL: - CONSOLIDATE STRATEGY BUY ON DIP R2-1150 R1-1135 S1-1110 S2-1100.  Nickel settled down -0.58% after inventories continued to rise.Investors are counting on shortages developing after Indonesia cut off unprocessed nickel ore exports in January. US July inflation rate, housing starts as well as construction permits scheduled for release today are optimistic.
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CAPITAL STROKE COMMODITY UPDATE 19-AUG-2014 : MCX ZINC

ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-143 R1-141 S1-136 S2-134. Zinc gained after data showed that the metal mainly used for galvanising steel was in a deficit of 234,000 tonnes in January to June. Home prices in China's first-tier cities are expected to fall due to high inventories, fueling concerns over China's property market. Zinc daily stocks at Shanghai exchange came up by 4060 tonnes.
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CAPITAL STROKE COMMODITY UPDATE 19-AUG-2014 :: MCX COPPER

COPPER: CONSOLIDATE STRATEGY BUY ON DIP R2-428 R1-422 S1-412 S2-406. Copper edged higher as traders built up stocks on fresh signs of economic recovery in US and a view that the sell-off was too heavy. China’s new home sales prices were reportedly down for a third straight month in July, indicating the downturn in housing market. The refined copper surplus in China is expected to further widen in 2014 on the back of low demand.

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CAPITAL STROKE COMMODITY UPDATE 19-AUG-2014 :: MCX CRUDE OIL

CRUDE OIL: - CONSOLIDATE STRATEGY BUY ON DIPS R2-5820 R1-5750 S1-5680 S2-5600.  Crude oil pared its earlier gains as investor concerns over conflict in Ukraine and Iraq eased, and as higher Libyan oil output added to already ample supplies. Libya's production, disrupted for months by strikes and protests, had risen to 535,000 barrels a day (bpd). Adding to easing tensions and rising output in Libya, prices has been weighed by low demand from refineries in Europe and Asia.


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CAPITAL STROKE COMMODITY UPDATE 19-AUG-2014 : MCX SILVER

SILVER STRATEGY: - CONSOLIDATE STRATEGY BUY ON DIP R2-45500 R1-44000 S1-41000 S2-40000

Silver dropped as the threat of an escalation of tensions in Ukraine appeared to wane for now, and a rally in global equity markets weighed prices. 

The minutes of Fed’s July policy meeting due to be published on Wednesday for further clues about the timing of future interest rate hikes.

Apart from geopolitics, investors will be focused an annual meeting of top central bank officials in Jackson Hole from August 21 to 23.

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CAPITAL STROKE COMMODITY UPDATE 19-AUG-2014 : MCX GOLD

CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-28900 R1-28600 S1-28000 S2-27700.  Gold fell after upbeat U.S. data and waning Ukraine fears chipped away at the precious metal's appeal as a hedge to uncertainty. The U.S. central bank is expected to raise rates in the middle of next year, depending on the strength of the economy. SPDR gold trust holdings gained by 2.06 tonnes i.e. 0.26% to 797.69 tonnes from 795.60 tonnes.
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CAPITAL STROKE ALL COMMODITY UPDATE 19-AUG-2014

CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-28900 R1-28600 S1-28000 S2-27700
SILVER STRATEGY: - CONSOLIDATE STRATEGY BUY ON DIP R2-45500 R1-44000 S1-41000 S2-40000
CRUDE OIL: - CONSOLIDATE STRATEGY BUY ON DIPS R2-5820 R1-5750 S1-5680 S2-5600
COPPER: CONSOLIDATE STRATEGY BUY ON DIP R2-428 R1-422 S1-412 S2-406
LEAD: - CONSOLIDATE STRATEGY BUY ON DIP R2-138 R1-136 S1-132 S2-130
ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-143 R1-141 S1-136 S2-134
NICKEL: - CONSOLIDATE STRATEGY BUY ON DIP R2-1150 R1-1135 S1-1110 S2-1100
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CAPITAL STROKE UPDATE 18-August-2014 : MCX GOLD

CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-29300 R1-28900 S1-28300 S2-28100
The Gold is in perfect uptrend .Currently Gold is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . 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 28362-28153-28047-27827-27607-27531-. Immediate resistance for Gold is 29201

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CAPITAL STROKE UPDATE 18-August-2014: MCX SILVER

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

The Silver is in long- term bull phase .Currently Silver is in strong downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The Silver is now trading in oversold level. The Silver is now trading in oversold level. The oscillator is showing SELL signal For short term Silver is in SELL position.Positionally Support for the Silver is 42737-42713-.Resistance for the Silver is 43913-43985-44076-44612-

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