CAPITAL STROKE UPDATE 15 September-2014 : MCX GOLD

CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-27300 R1-27100 S1-26700 S2-26500

Gold settled down as a lack of physical and investment demand and widespread commodities losses weighed on bullion.

For the week prices lost around 1.75 percent, hurt by fears of an earlier-than-expected interest rate hike by the Federal Reserve.

Data showed U.S. retail sales rose broadly in August and consumer sentiment hit a 14-month high in September.


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CAPITAL STROKE UPDATE 15-September-2014: MCX SILVER

SILVER STRATEGY: - CONSOLIDATE STRATEGY BUY ON DIP R2-44000 R1-42500 S1-40000
S2-39000

Silver settled flat after upbeat U.S. data fueled speculation that Fed will make fresh cuts to its bond-buying program.

Friday's data fueled already growing expectations that the Federal Reserve will hike interest rates earlier than markets were expecting.

Holdings at ishares silver trust gained by 1.00% i.e. 104.42 tonnes to 10559.32 tonnes from 10454.90 tonnes.

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CAPITAL STROKE UPDATE 15-September-2014 : MCX CRUDE OIL

CRUDE OIL: - CONSOLIDATE STRATEGY BUY ON DIPS R2-5820 R1-5750 S1-5550 S2-5460

Crudeoil gained as support seen due to rupee weakness after prices seen under pressure on weak demand and ample supplies.

Investors cited expectations that U.S. crude stocks will rise in coming weeks during refinery maintenance season.

The IEA said weaker consumption in China and Europe had caused global oil demand growth to soften at a remarkable pace.


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CAPITAL STROKE UPDATE 15-September-2014 : MCX COPPER

COPPER: CONSOLIDATE STRATEGY BUY ON DIP R2-432 R1-428 S1-418 S2-412
Copper settled up as a pickup in factory output in Europe and Japan eased concerns that global demand will slow.

Euro-area industrial production rose more than forecast in July, increasing chances for the region to return to growth this quarter.

The metal dropped on weekly basis on speculation that a decline in consumer inflation signaled lower demand in China.


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CAPITAL STROKE UPDATE 15-September-2014 : MCX ZINC

ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-143 R1-141 S1-137 S2-135

Zinc prices ended with gains as support seen after data showed University of Michigan's September CCI topped market expectations.

China's refined zinc imports surged 39 percent to 421,130 tonnes in the first seven months of the year.

More refined zinc is likely to be shipped from bonded warehouses in China to warehouses approved by LME in Asia in the fourth quarter.

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CAPITAL STROKE UPDATE 15-September-2014 : MCX NICKEL

NICKEL: - CONSOLIDATE STRATEGY BUY ON DIP R2-1145 R1-1135 S1-1110S2-1095

Nickel prices gained after data showed the US retail sales grew in August, and consumer confidence index hit a 14-month high.

China’s broadest measure of money supply M2 increased 12.8% YoY in August, marking the slowest growth in five months.

The euro zone industrial output grew 1.0% on the month in July, beating the 0.6% rise that economists had projected.

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CAPITAL STROKE UPDATE 15 September 2014 : MCX NATURAL GAS

Naturalgas trading range for the day is 229.1-239.1.

Naturalgas settled up as support seen due to weakness in rupee and on concerns the tropics are brewing in the Gulf of Mexico.

Tropical storms and hurricanes in the Gulf of Mexico tend to send natural gas prices rising, as rigs evacuate to let the storm pass, which cuts into production.

Inventories rose by 64 bcf in the same week a year earlier, while the five-year average change is a build of 60 bcf.

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CAPITAL STROKE UPDATE 15-September-2014 : MCX ALUMINIUM

Aluminium trading range for the day is 121.5-124.7.
Aluminium prices settled flat as the market did not give a significant response after China's M2 grew 12.8% YoY, the lowest for the year.

Industrial value added at large Chinese industrials grew 6.9% YoY in August, shy of expectations and posting the slowest growth since December 2008.

Aluminium weekly stocks at Shanghai exchange came down by 9198 tonnes.

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CAPITAL STROKE ALL COMMODITY RESISTANCE AND SUPPORT UPDATE 15 September 2014

CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-27300 R1-27100 S1-26700 S2-26500

SILVER STRATEGY: - CONSOLIDATE STRATEGY BUY ON DIP R2-44000 R1-42500 S1-40000
S2-39000

CRUDE OIL: - CONSOLIDATE STRATEGY BUY ON DIPS R2-5820 R1-5750 S1-5550 S2-5460

COPPER: CONSOLIDATE STRATEGY BUY ON DIP R2-432 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 R2-143 R1-141 S1-137 S2-135

NICKEL: - CONSOLIDATE STRATEGY BUY ON DIP R2-1145 R1-1135 S1-1110S2-1095



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CAPITAL STROKE UPDATE 12-September-2014 : MCX CRUDE OIL

CRUDE OIL: - CONSOLIDATE STRATEGY BUY ON DIPS R2-5750 R1-5680 S1-5570 S2-5490

Overall trend of the Crudeoil is bearish for medium-long term .Currently Crudeoil is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend .The oscillator is on BUY Signal and Crudeoil is recovering from oversold level For short term Crudeoil is in HOLD SHORT position.Positionally Immediate support for Crudeoil is 5504.Resistance for the Crudeoil is 5718-5720-5789-5967-6075-6082-

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