CAPITAL STROKE UPDATE 22 September 2014 : MCX NATURAL GAS

Naturalgas trading range for the day is 231.2-240.2.

Natural gas fell after updated weather-forecasting models called for mild temperatures for a good portion of U.S. into early October

Thursday's stockpile report kept prices in negative territory as well.

Inventories rose by 48 bcf in the same week a year earlier, while the five-year average change is a build of 71 bcf.

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CAPITAL STROKE UPDATE 22-September-2014 : MCX ALUMINIUM

Aluminium trading range for the day is 118.2-120.

Aluminium dropped after industrial output in August expanded at the weakest pace since 2008 in China.

Japanese aluminium buyers will mostly pay record high premiums of $420 per tonne over LME prices for October-December shipments

Aluminium weekly stocks at Shanghai exchange came down by 3601 tonnes.

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CAPITAL STROKE ALL COMMODITY RESISTANCE AND SUPPORT UPDATE 22 September 2014

CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-27000 R1-26700
S1 26200  S2-26000

SILVER STRATEGY: - CONSOLIDATE STRATEGY BUY ON DIP R2-42000 R1-40500 S1-38000
S2-36500

CRUDE OIL: - CONSOLIDATE STRATEGY BUY ON DIPS R2-5760 R1-5680 S1-5550 S2-5480

COPPER: CONSOLIDATE STRATEGY BUY ON DIP R2-432 R1-426 S1-414 S2-408

LEAD: - CONSOLIDATE STRATEGY BUY ON DIP R2-131 R1-129 S1-125 S2-123

ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-142 R1-140 S1-136 S2-134

NICKEL: - CONSOLIDATE STRATEGY BUY ON DIP R2-1110 R1-1195 S1-1065 S2-1050

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CAPITAL STROKE UPDATE 19 September-2014 : MCX GOLD

CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-27300 R1-26900 S1-26400 S2-26200

Gold tumbled as dollar index jumped to a four-year peak after Fed signalled that a faster hike in U.S. interest rates might be on the horizon.
Gold was also hurt after data showed that the number of Americans filing new claims for unemployment benefits fell more than expected last week.
India's monthly gold imports are set to rise by as much 50 percent from current levels.

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CAPITAL STROKE UPDATE 19-September-2014: MCX SILVER

SILVER STRATEGY: - CONSOLIDATE STRATEGY BUY ON DIP R2-44000 R1-42500 S1-39500
S2-38500

Silver dropped after data showed U.S. jobless claims fell more than expected, suggesting a firming labor market.

Pressure also seen after investors digested the Fed’s statement on interest rates and concluded that tighter monetary policy is drawing closer

U.S. Commerce Department said that the number of building permits issued last month dropped by 5.6% to 998,000 units from July’s total of 1.057 million.

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CAPITAL STROKE UPDATE 19-September-2014 : MCX CRUDE OIL

CRUDE OIL: - CONSOLIDATE STRATEGY BUY ON DIPS R2-5800 R1-5720 S1-5600 S2-5540

Crude oil fell pressured by ample supply, concerns about demand growth and a stronger U.S. dollar.

A setback in Libya's output, which has fallen by about 200,000 barrels per day, has put threats to supply higher on investors' list of concerns

Investors are eyeing Thursday's referendum on independence in Scotland where most of Britain's North Sea oil reserves are located.

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CAPITAL STROKE UPDATE 19-September-2014 : MCX COPPER

COPPER: CONSOLIDATE STRATEGY BUY ON DIP R2-432 R1-426 S1-414 S2-408

Copper slipped pressured by renewed weakness in China's property market and by a sharp rise in the dollar after the U.S. Fed’s statement.

Data pointed to a firming labour market as U.S. jobless claims fell 36,000 last week, more than expected.

Also putting pressure on copper prices was a decline in China's new home prices in August for a fourth straight month.

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CAPITAL STROKE UPDATE 19-September-2014 : MCX ZINC

ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-141 R1-139 S1-135 S2-133

Zinc prices dropped after data showed a weak property sector in China is also weighing on the market.
Data published by the ILZSG said mined zinc output grew 2.3 percent year-on-year in the first seven months of the year
Zinc daily stocks at Shanghai exchange came down by 1550 tonnes.

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CAPITAL STROKE UPDATE 19-September-2014 : MCX NICKEL

NICKEL: - CONSOLIDATE STRATEGY BUY ON DIP R2-1115 R1-1100 S1-1070 S2-1065

Nickel dropped as signs of low U.S. inflation cut demand for commodities as a store of value.

US CPI fell 0.2% MoM in August, down for the first time since April 2013, due partlyto falling energy prices and the global economic slowdown.

New-house prices dropped in 68 of the state-tracked 70 cities in August from July,China’s statistics bureau said.

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CAPITAL STROKE UPDATE 19 September 2014 : MCX NATURAL GAS

Naturalgas trading range for the day is 232.5-248.9.

Natural Gas prices dropped after data showed that U.S. stockpiles surpassed the five-year average last week.

EIA said in its weekly report that natural gas storage in the U.S. in the week ended Sept. 12 rose by 90bcf.

Updated weather-forecasting models calling for mild temperatures across the US pressured prices lower.


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