CAPITAL STROKE UPDATE 11-September-2014 : MCX CRUDE OIL

CRUDE OIL: - CONSOLIDATE STRATEGY BUY ON DIPS R2-5720 R1-5650 S1-5520 S2-5450
Crude fell on rising supply and tepid demand as OPEC lowered projected demand for its crude and data showed U.S. refined product stocks jumped.

The U.S. Energy Information Administration said in its weekly report that U.S. crude inventories declined by 1.0 million barrels.

Total production from members of the OPEC rose last month despite Saudi Arabia saying it had cut output.

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CAPITAL STROKE UPDATE 10-September-2014 : MCX COPPER

COPPER: CONSOLIDATE STRATEGY BUY ON DIP R2-434 R1-428 S1-418 S2-412

Copper settled up 0 but remained near a one-month low due to concerns about growth in top consumer China.

As anticipation of further stimulus package in China fell through and the US dollar index held above 84, metal markets remained under pressures.

The global refined copper market is seen flipping into a surplus of 405,000 tonnes this year.


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CAPITAL STROKE UPDATE 11-September-2014 : MCX ZINC

ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-144 R1-142 S1-138 S2-136

Zinc recovered from days low and stayed in a narrow range as anticipation of further stimulus package in China fell through

Investors continued to absorb Chinese Premier Li Keqiang's statement that China's economic growth will stabilize.

Zinc daily stocks at Shanghai exchange came down by 150 tonnes.

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CAPITAL STROKE UPDATE 11-September-2014 : MCX NICKEL

NICKEL: - CONSOLIDATE STRATEGY BUY ON DIP R2-1175 R1-1160 S1-1130 S2-1120

Nickel dropped on signs that a ban of ore exports won’t be enacted anytime soon by the Philippines, the largest supplier to China.

LME nickel surged more than 7 percent in past week on worries that ban on supply from Philippines could compound a market seen in deficit next year

Technically market is under long liquidation as market has witnessed drop in open interest by -1.41% to settled at 6763.

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CAPITAL STROKE UPDATE 11 September 2014 : MCX NATURAL GAS

Naturalgas trading range for the day is 238.8-246.

Natural gas fell after investors locked in gains from bullish weather reports and sold for profits.

Weather forecasting models continued to call for below-normal temperatures in northern U.S. states, which cushioned losses.

Today natural gas storage: Exp: 84B Prev: 79B. Actual is at 8.00PM


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CAPITAL STROKE UPDATE 11-September-2014 : MCX ALUMINIUM

Aluminium trading range for the day is 122.8-126.

Aluminium prices ended with losses depressed by weakening fundamentals with a dearth of major news.

Chinese Premier Li Keqiang said that China’s M2 YoY growth slowed to 5-month low of 12.8% in August, sparking concerns of a slowdown.

Aluminium daily stocks at Shanghai exchange came down by 3372 tonnes.

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CAPITAL STROKE ALL COMMODITY RESISTANCE AND SUPPORT UPDATE 11 September 2014

CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-27800 R1-27400 S1-26800 S2-26500

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

CRUDE OIL: - CONSOLIDATE STRATEGY BUY ON DIPS R2-5720 R1-5650 S1-5520 S2-5450

COPPER: CONSOLIDATE STRATEGY BUY ON DIP R2-434 R1-428 S1-418 S2-412

LEAD: - CONSOLIDATE STRATEGY BUY ON DIP R2-133 R1-131 S1-127 S2-125

ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-144 R1-142 S1-138 S2-136

NICKEL: - CONSOLIDATE STRATEGY BUY ON DIP R2-1175 R1-1160 S1-1130 S2-1120


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CAPITAL STROKE UPDATE 10 September-2014 : MCX GOLD

CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-27900 R1-27500 S1-26900 S2-26600

Overall trend of the Gold is bearish for medium-long term .Currently Gold is in strong downtrend with good momentum but volume is unsatisfactory The open interest is not increasing with trend . In last few days volume based selling happened in the Gold. The Gold is now trading in oversold level. The Gold is now trading in oversold level. The oscillator is showing SELL signal For short term Gold is in SELL position.Positionally Immediate support for Gold is 26997.Resistance for the Gold is 27701-27731-27821-27918-28052-28152-


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CAPITAL STROKE UPDATE 10-September-2014: MCX SILVER

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

Overall trend of the Silver is bearish for medium-long term .Currently Silver is in strong downtrend but volume is unsatisfactory 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 BUY signal For short term Silver is in HOLD SHORT position.Positionally Support for the Silver is 41758-.Resistance for the Silver is 42137-42701-42883-43179-43806-

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CAPITAL STROKE UPDATE 10-September-2014 : MCX COPPER

COPPER: CONSOLIDATE STRATEGY BUY ON DIP R2-434 R1-428 S1-418 S2-412

 The Copper is in long- term bull phase .Currently Copper is moving sideways The oscillator is showing BUY signal and has moved down its previous low. The oscillator is showing BUY signal For short term Copper is in HOLD LONG position.Positionally Support for the Copper is 418-.Resistance for the Copper is 427-428-431-

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