CAPITAL STROKE UPDATE 4-September-2014 : MCX ALUMINIUM

Aluminium trading range for the day is 123.3-128.7.
Aluminium dropped due to profit-taking after the news hit that Russia and Ukraine reached a cease-fire agreement

The Russian aluminum giant expects global aluminum consumption to increase 6.5% to 55 million tonnes in 2014.

Factory growth in China slowed last month, indicating a recovery in the broader economy remains fragile and may need further government stimulus.

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CAPITAL STROKE ALL COMMODITY RESISTANCE AND SUPPORT UPDATE 4 September 2014

CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-28100 R1-27800 S1-27300 S2-27000

SILVER STRATEGY: - CONSOLIDATE STRATEGY BUY ON DIP R2-45000 R1-43500 S1-40500 S2-39000

CRUDE OIL:- CONSOLIDATE STRATEGY BUY ON DIPS R2-5900 R1-5820 S1-5700 S2-5630

COPPER: CONSOLIDATE STRATEGY BUY ON DIP R2-436 R1-430 S1-420 S2-416

LEAD: - CONSOLIDATE STRATEGY BUY ON DIP R2-138 R1-136 S1-132 S2-130

ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-147 R1-145 S1-141 S2-139

NICKEL: - CONSOLIDATE STRATEGY BUY ON DIP R2-1180 R1-1165 S1-1140 S2-1125


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CAPITAL STROKE UPDATE 3 September-2014 : MCX GOLD

CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-28100 R1-27800 S1-27300 S2-27000

Gold prices dropped as a combination of a dollar rally, technical selling and a crude oil tumble weighed on prices.

Geopolitical tensions in Ukraine and the Middle East failed to support gold as the stronger dollar overshadowed any safe-haven bids.

SPDR gold trust holdings dropped by 1.80 tonnes i.e. 0.23% to 793.20 tonnes from 795.00 tonnes.

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CAPITAL STROKE UPDATE 3-September-2014: MCX SILVER

SILVER STRATEGY: - CONSOLIDATE STRATEGY BUY ON DIP R2-45000 R1-43500 S1-40500
S2-39000

Silver prices ended with losses after an upbeat U.S. manufacturing report fueled demand for the U.S. dollar.

Data showed that U.S. manufacturing activity hit a nearly 3-1/2-year high last month and construction spending rebounded strongly in July

Holdings at ishares silver trust gained by 0.58% i.e. 59.67 tonnes to 10371.35 tonnes from 10311.68 tonnes.

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CAPITAL STROKE UPDATE 3-September-2014 : MCX CRUDE OIL

CRUDE OIL: - CONSOLIDATE STRATEGY BUY ON DIPS R2-5800 R1-5720 S1-5600 S2-5550

Crude oil fell pressured by the prospect of slowing oil demand growth in China and Europe, while a strong dollar and ample supplies.

Further pressure came from the prospect of resuming oil supplies from the Buzzard field in the North Sea.

Oil prices on both sides of the Atlantic have been in steady decline since the end of June as concerns faded over supply disruptions from Iraq, Libya and Russia.

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CAPITAL STROKE UPDATE 3-September-2014 : MCX COPPER

COPPER: CONSOLIDATE STRATEGY BUY ON DIP R2-438 R1-434 S1-422 S2-416
Copper prices gains as U.S. manufacturing expanded at the quickest clip in three years and construction spending rebounded, signaling increased demand.

The Institute for Supply Management’s August factory gauge climbed to the highest since March 2011 as orders grew by the most in a decade

ECB President said that more stimulus measures are needed to facilitate the economic recovery in the euro zone following a series of dispiriting PMIs.

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CAPITAL STROKE UPDATE 3-September-2014 : MCX ZINC

ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-149 R1-147 S1-142.5 S2-141
Zinc gained on demand hopes after the US ISM manufacturing index rose from 57.1 in July to 59 in August

Investors remains cautious as zinc prices were moving ahead of supply/demand fundamentals as inventory levels remain high.

Zinc daily stocks at Shanghai exchange came down by 224 tonnes.

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CAPITAL STROKE UPDATE 3-September-2014 : MCX NICKEL

NICKEL: - CONSOLIDATE STRATEGY BUY ON DIP R2-1155 R1-1140 S1-1115 S2-1105

Nickel prices dropped brushing off threats of greater sanctions on Russia, one of the world's top producers of the metal

Encouraging economic reports from US boosted market expectations for the US Federal Reserve to tighten its monetary policy

PMIs from many euro zone countries as well as US July factory orders will be announced today.

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CAPITAL STROKE UPDATE 3-September-2014 : MCX ALUMINIUM

Aluminium trading range for the day is 126.1-128.7.
Aluminium prices ended with gains as support seen after ISM’s US manufacturing PMI hit three-year high

Consumers have been restricted from accessing global stockpiles partly due to logjams at exchange warehouses.

Aluminium daily stocks at Shanghai exchange came down by 1382 tonnes.

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CAPITAL STROKE UPDATE 3 September 2014 : MCX NATURAL GAS

Naturalgas trading range for the day is 231.9-250.3.
Natural gas prices dropped amid expectations that forecasts for cooler weather would dampen demand.

Updated weather forecasting models indicated that hotter weather over the next number of days would give way to more moderate temperatures from September 6.

Natural gas prices jumped last week, rising above the $4 level for the first time since mid-July on the coattails of above-average U.S. temperatures.


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