CAPITAL STROKE ALL COMMODITY RESISTANCE AND SUPPORT UPDATE 23 JUNE 2014

CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-28200 R1-27900 S1-27300 S2-27000 SILVER STRATEGY: - CONSOLIDATE STRATEGY BUY ON DIP R2-47500 R1-46000 S1-43000 S2-41500 CRUDE OIL: - CONSOLIDATE STRATEGY BUY ON DIPS R2-6600 R1-6520 S1-6380 S2-6300 COPPER: CONSOLIDATE STRATEGY BUY ON DIP R2-424 R1-420 S1-410 S2-406 LEAD: - CONSOLIDATE STRATEGY BUY ON DIP R2-131 R1-129 S1-125 S2-123 ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-134 R1-132...

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CAPITAL STROKE UPDATE 20-June-2014 : MCX ALUMINIUM

Aluminium trading range for the day is 109.1-113.5. Aluminium ended with gains as the market continued to absorb positive effects from Premier Li's statement. The number of US initial jobless claims last week and Philadelphia Fed's June manufacturing index both topped market expectations, boosting market sentiment. Aluminium daily stocks at Shanghai exchange came down by 2325 tonnes. For more details visit: http://www.capitalstroke.com/...

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CAPITAL STROKE UPDATE 20-June-2014 : MCX NATURAL GAS

Naturalgas trading range for the day is 271-285.8. Natural gas prices fell after data revealed that U.S. inventories rose more than expected last week. The U.S. Energy Information Administration said in its weekly report that natural gas storage in the U.S. rose by 113 billion cubic feet. Stockpiles increased by 92 billion cubic feet in the same week a year earlier, while the five-year average build for the week is 87 billion. For more...

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CAPITAL STROKE UPDATE 20-June-2014 : MCX NICKEL

NICKEL: - CONSOLIDATE STRATEGY BUY ON DIP R2-1150 R1-1130 S1-1100 S2-1080 Nickel prices came under pressure from a build-up in stockpiles. Nickel stocks in LME-registered warehouses surged by 19,242 tonnes across diverse locations in Asia to a record high on Wednesday. The rise in stocks reminded investors that a ban on unprocessed ore by Indonesia, which spurred 35% gains this year, has not yet hit the refined market. For more details...

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CAPITAL STROKE UPDATE 20-June-2014 : MCX COPPER

COPPER: CONSOLIDATE STRATEGY BUY ON DIP R2-420 R1-414 S1-402 S2-396 Copper prices recovered from lows to end with gains amid mounting optimism over the outlook for growth in the U.S. and China. Meanwhile, in China, Premier Li Keqiang pledged to meet China’s target for economic expansion this year and ruled out a hard landing. he Philly Fed manufacturing index exceeded forecast in June, and last week’s initial jobless claims hit a nearly seven-year...

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CAPITAL STROKE UPDATE 20-June-2014 : MCX ZINC

ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-132 R1-130 S1-126 S2-124 Zinc rose after recent data showed a rising market deficit, and investors expect the figure to grow further as major mines shut down. The global zinc market was in a 107,000 tonne deficit in January to April, versus a deficit of 17,000 tonnes in January-March. Stockpiles tracked by the London Metal Exchange have dropped 28 percent this year to the lowest since December 2010. For...

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CAPITAL STROKE UPDATE 20-June-2014 : MCX CRUDE OIL

CRUDE OIL: - CONSOLIDATE STRATEGY BUY ON DIPS R2-6550 R1-6480 S1-6320 S2-625 Crude oil prices gains as the United States said it could send military advisers to Iraq, raising concerns about the escalating conflict. If the 300,000 barrels per day refinery stays closed, Baghdad will need to import more oil products to meet its own domestic consumption Concerns the crisis will escalate and disrupt oil production sent prices higher, though Iraq's...

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CAPITAL STROKE UPDATE 20-June-2014 : MCX SILVER

SILVER STRATEGY: - CONSOLIDATE STRATEGY BUY ON DIP R2-47500 R1-46000 S1-42500 S2-41000 Silver prices rallied as easy monetary policies globally and tension in the Middle East supported safe-haven demand.Separately, concerns the U.S. will get involved in Iraq's violent insurgency boosted bullion's appeal as a hedge as well Holdings at ishares silver trust dropped by 0.35% i.e. 35.84 tonnes to 10226.14 tonnes from 10261.98 tonnes. For more...

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CAPITAL STROKE UPDATE 20-June-2014 : MCX GOLD

CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-28200 R1-27900 S1-27300 S2-27000 Gold rose as the Federal Reserve's lack of commitment to raise interest rates and continued tensions in the Middle East unleashed a wave of short covering.The Fed statement and geopolitical tensions sparked a frantic reversal in market sentiment. Lower U.S. 2014 growth forecast by the Fed and lingering geopolitical tensions in Iraq and Ukraine rekindled...

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CAPITAL STROKE ALL COMMODITY RESISTANCE AND SUPPORT UPDATE 20 JUNE 2014

CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-28200 R1-27900 S1- 27300 S2-27000 SILVER STRATEGY: - CONSOLIDATE STRATEGY BUY ON DIP R2-47500 R1-46000 S1-42500 S2-41000 CRUDE OIL: - CONSOLIDATE STRATEGY BUY ON DIPS R2-6550 R1-6480 S1-6320 S2-6250 COPPER: CONSOLIDATE STRATEGY BUY ON DIP R2-420 R1-414 S1-402 S2-396 LEAD: - CONSOLIDATE STRATEGY BUY ON DIP R2-131 R1-129 S1-125 S2-123 ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-132 R1-130...

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