CAPITAL STROKE UPDATE 27-June-2014 : MCX SILVER

SILVER STRATEGY: - CONSOLIDATE STRATEGY BUY ON DIP R2-47500 R1-46000 S1-43000 S2-41500

Silver settled flat as investors brushed off sluggish U.S. data and avoided the commodity after a key Fed official gave an upbeat forecast for the economy.

Comments from Fed official that raising interest rates by the end of the first quarter in 2015 will be appropriate also pressured investor sentiment.

The U.S. Department of Labor said the number of individuals filing for initial jobless benefits in the week ending June 21 declined by 2,000 to 312,000


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CAPITAL STROKE UPDATE 27-June-2014 : MCX GOLD

CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-28200 R1-27900 S1-27400 S2-27100
Gold fell as upbeat U.S. jobless claims data and weaker crude oil prices weighed on bullion prices
Bullion fell as U.S. consumer spending rose less than expected in May, prompting economists to downgrade estimates for second-quarter growth.

Prices also came under pressure on comments from St. Louis Fed President Bullard that interest rate increases should come sooner rather than later.

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CAPITAL STROKE UPDATE 27-June-2014 : MCX CRUDE OIL

CRUDE OIL: - CONSOLIDATE STRATEGY BUY ON DIPS R2-6520 R1-6440 S1-6320 S2-6250
Crude oil dropped on less-than-stellar U.S. data as well as waning concerns that the insurgency in Iraq will threaten oil exports.
The IEA said in a report that emergency oil stocks held by member and non-member states have acted as an "insurance" against oil supply disruptions.

There were hopes that oil exports could increase from Kurdistan, which would counter any potential slowdown of shipments from the south.

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CAPITAL STROKE UPDATE 27-June-2014 : MCX ZINC

ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-135 R1-133 S1-128 S2-126
Zinc gains as inventories in warehouses tracked by LME declined amid signs of improving demand also major macroeconomic news was positive.
Inventories monitored by the LME have fallen 57 percent this year to the lowest since August 2008.
Zinc daily stocks at Shanghai exchange came down by 75 tonnes.

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CAPITAL STROKE UPDATE 26-June-2014 : MCX NICKEL

NICKEL: - CONSOLIDATE STRATEGY BUY ON DIP R2-1160 R1-1145 S1-1115 S2-1100
Nickel prices ended with gains as support seen on positive macroeconomic news, combined with falling US dollar index.
Yesterday's last week’s US jobless claims and the Kansas City Fed June Manufacturing Composite Index Slow were both reported lower than expected.

Technically market is under short covering as market has witnessed drop in open interest by -4.1% to settled at 4845.

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CAPITAL STROKE UPDATE 27-June-2014 : MCX NATURAL GAS

Naturalgas trading range for the day is 259.7-282.7.
Natural gas dropped after official data revealed U.S. inventories rose more than markets were expecting last week.
The U.S. Energy Information Administration said in its weekly report that natural gas storage in the U.S. rose by 110 billion cubic feet.
Total U.S. natural gas storage stood at 1.829 trillion cubic feet.

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CAPITAL STROKE UPDATE 27-June-2014 : MCX ALUMINIUM

Aluminium trading range for the day is 110.8-113.6.
Aluminium ended with losses as pressure on disappointing US consumer spending data.
US private consumption grew by 0.2% in May from a month ago, missing expectations for a 0.4% rise but higher than the preliminary reading of a 0.1% fall.

Aluminium daily stocks at Shanghai exchange came down by 1248 tonnes.

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CAPITAL STROKE ALL COMMODITY RESISTANCE AND SUPPORT UPDATE 27 JUNE 2014

CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-28200 R1-27900 S1-27400 S2-27100

SILVER STRATEGY: - CONSOLIDATE STRATEGY BUY ON DIP R2-47500 R1-46000 S1-43000 S2-41500

CRUDE OIL: - CONSOLIDATE STRATEGY BUY ON DIPS R2-6520 R1-6440 S1-6320 S2-6250

COPPER: CONSOLIDATE STRATEGY BUY ON DIP R2-430 R1-426 S1-414 S2-408

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

ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-135 R1-133 S1-128 S2-126

NICKEL: - CONSOLIDATE STRATEGY BUY ON DIP R2-1160 R1-1145 S1-1115 S2-1100


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CAPITAL STROKE UPDATE 26-June-2014 : MCX GOLD

CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-28200 R1-28000 S1-27400 S2-27100
Gold recovered from lows to settled flat after U.S. growth data came in weaker than expected, hitting the dollar.--
U.S. economy contracted at a much steeper pace in the first quarter than previously estimated.

Data showed gross domestic product fell at a 2.9 percent annual rate, the sharpest decline in five years.

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CAPITAL STROKE UPDATE 26-June-2014 : MCX SILVER

SILVER STRATEGY: - CONSOLIDATE STRATEGY BUY ON DIP R2-47500 R1-46000 S1-43000 S2-41500
Silver gained after weak U.S. GDP data sent investors rethinking how long interest rates may rise in the U.S.
The metal's appeal as hedge increased after data showed U.S. economy contracted at a much steeper pace in first quarter than estimated

U.S. first-quarter GDP was initially reported to have increased by 0.1%, but was subsequently revised to show a contraction of 1.0%.

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