CAPITAL STROKE COMMODITY UPDATE 4 JULY 2014 : : MCX NICKEL

NICKEL: - CONSOLIDATE STRATEGY BUY ON DIP R2-1210 R1-1195 S1-1165 S2-1150. Nickel gained as investors saw fund buying in the wake of healthy economic data from the United States. Nickel raced to a high of $21,625 in May, but has since struggled to regain as investors realised that no shortages had yet emerged due to high levels of stocks. Technically market is under fresh buying as market has witnessed gain in open interest by 3.89% to settled at 8069.For more details visit : http://capitalstroke.com/ or call us at : 9770570009

Read More

CAPITAL STROKE COMMODITY UPDATE 4 JULY 2014 MCX ALUMINUM

Aluminium trading range for the day is 113.1-115.7.Aluminium rose boosted by expectations that a recovery in the economies of US and China will help spur demand for metals. China’s aluminum semis exports fell 6.90% to 270,000 tonnes in May from a year ago due to falling exports of plate/sheet, strip and flake. Profit-taking activities and fraudulent commodity financing at the Chinese Port of Tianjin are set to weigh down base metals markets. For more details visit : http://capitalstroke.com/ or call us at : 9770570009

Read More

CAPITAL STROKE COMMODITY UPDATE 4 JULY 2014 : MCX NATURAL GAS

Naturalgas trading range for the day is 256.7-266.3.Natural gas rose after a weekly U.S. supply report met market expectations. The U.S. Energy Information Administration said in its weekly report that natural gas storage in the U.S. rose by 100 billion cubic feet. The five-year average change for the week is an increase of 68 billion cubic feet.
 For more details visit : http://capitalstroke.com/ or call us at : 9770570009

Read More

CAPITAL STROKE ALL COMMODITY RESISTANCE AND SUPPORT UPDATE 3 JULY 2014

CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-28300 R1-28000 S1-27400 S2-27100
SILVER STRATEGY: - CONSOLIDATE STRATEGY BUY ON DIP R2-48000 R1-46500 S1-43500 S2-42000
CRUDE OIL: - CONSOLIDATE STRATEGY BUY ON DIPS R2-6360 R1-6300 S1-6180 S2-6120
COPPER: CONSOLIDATE STRATEGY BUY ON DIP R2-444 R1-438 S1-428 S2-422
LEAD: - CONSOLIDATE STRATEGY BUY ON DIP R2-135 R1-133 S1-129 S2-127
ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-138 R1-136 S1-132 S2-130
NICKEL: - CONSOLIDATE STRATEGY BUY ON DIP R2-1205 R1-1190 S1-1155 S2-1140
For more details visit us at http://www.capitalstroke.com or call us at 9770570009

Read More

CAPITAL STROKE COMMODITY UPDATE 3 JULY 2014 : MCX NATURAL GAS

Naturalgas trading range for the day is 255.1-271.3. Natural gas fell after investors avoided the commodity ahead of Thursday's weekly U.S. supply report. Natural gas stockpiles have grown by more than 100 billion cubic feet for seven consecutive weeks, a record streak since 1994. Today natural gas storage: Exp: 100B Prev: 110B.


For more details visit us at http://www.capitalstroke.com or call us at 9770570009

Read More

CAPITAL STROKE COMMODITY UPDATE 3 JULY 2014 MCX ALUMINUM

Aluminium trading range for the day is 110.4-116.2. Aluminium prices ended with gains buoyed by encouraging employment in US private sector in June. Japanese aluminium buyers will mostly pay record high premiums of $400-$408 per tonne over LME prices for July-September shipments Positive ADP employment report has strengthened optimism over forthcoming non-farm payrolls.


For more details visit us at http://www.capitalstroke.com or call us at 9770570009
 

Read More

CAPITAL STROKE COMMODITY UPDATE 3 JULY 2014 : MCX GOLD

CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-28300 R1-28000 S1-27400 S2-27100 . Gold prices ended with losses as pressure due to firmness in rupee despite of strong buying by exchange-traded funds. Data showed U.S. private-sector hiring hit a 1-1/2-year high in June. RBI said it has sought quotes from banks to swap gold in its own vaults for international-standard gold, aiming to improve the management of its reserves. For more details visit us at http://www.capitalstroke.com or call us at 9770570009

Read More

CAPITAL STROKE COMMODITY UPDATE 3 JULY 2014 : MCX SILVER

SILVER STRATEGY: - CONSOLIDATE STRATEGY BUY ON DIP R2-48000 R1-46500 S1-43500 S2-42000  Silver gains after Fed Chair said that policy will remain accommodative despite an increase in appetite for risk in financial markets U.S. data on jobs, unemployment and trade in expected on Thursday, while the outcome of ECB policy meeting will also be announced. Holdings at ishares silver trust dropped by 0.04% i.e. 3.95 tonnes to 10038.52 tonnes from 10042.47 tonnes.
For more details visit us at http://www.capitalstroke.com or call us at 9770570009

Read More

CAPITAL STROKE COMMODITY UPDATE 3 JULY 2014 :: MCX CRUDE OIL

CRUDE OIL: - CONSOLIDATE STRATEGY BUY ON DIPS R2-6360 R1-6300 S1-6180 S2-6120. Crude oil dropped on encouraging signs for supply from Libya and Iraq, despite a big draw in U.S. oil inventories. The U.S. Energy Information Administration said in its weekly report that U.S. crude oil inventories declined by 3.2 million barrels. Tropical Storm Arthur threatened on the U.S. East Coast as officials ordered evacuations in anticipation of heavy rain.
For more details visit us at http://www.capitalstroke.com or call us at 9770570009

Read More

CAPITAL STROKE COMMODITY UPDATE 3 JULY 2014 : MCX ZINC

ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-138 R1-136 S1-132 S2-130 . Zinc settled up as support seen as manufacturing expanded at the fastest pace this year in China. US ADP's newly increased jobs in June hit a 19-month high, reflecting US job market is improving. Canceled warrants, or orders to remove the metal from warehouses monitored by the LME, declined 87 percent this year.
For more details visit us at http://www.capitalstroke.com or call us at 9770570009

Read More