CAPITAL STROKE ALL COMMODITY RESISTANCE AND SUPPORT UPDATE 3 JUNE 2014

CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-27300 R1-27000 S1-26400 S2-26100

SILVER STRATEGY: - CONSOLIDATE STRATEGY BUY ON DIP R2-42500 R1-41000 S1-38000 S2-36500

CRUDE OIL: - CONSOLIDATE STRATEGY BUY ON DIPS R2-6200 R1-6120 S1-6000 S2-5930

COPPER: CONSOLIDATE STRATEGY BUY ON DIPR2-426 R1-422 S1-410 S2-404

LEAD: - CONSOLIDATE STRATEGY BUY ON DIP R2-129 R1-127 S1-123 S2-121

ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-128 R1-126 S1-122 S2-120

NICKEL: - CONSOLIDATE STRATEGY BUY ON DIP R2-1180 R1-1165 S1-1135 S2-1120

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CAPITAL STROKE UPDATE 2-June-2014: MCX ALUMINIUM

Aluminium trading range for the day is 106.2-110.
Aluminium settled up by 0.37% amid indications that supply of the metal is constrained.
Aluminium was on track for its biggest monthly rise since February on the back of healthy demand, but gains were limited due to high stocks levels.

Aluminum weekly stocks at Shanghai exchange came down by 1567 tonnes.

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CAPITAL STROKE UPDATE 2-June-2014 : MCX NATURAL GAS

Natural gas trading range for the day is 263.8-276.2.
Natural gas settled down after official data revealed U.S. stockpiles rose more than markets were expecting last week.
The U.S. EIA said in its weekly report that natural gas storage in the U.S. in the week ended May 23 rose by 114 billion cubic feet.

Meanwhile, market players prepped for the arrival of summertime temperatures in the U.S., which should hike demand.

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CAPITAL STROKE UPDATE 2-June-2014 : MCX GOLD

CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-27400 R1-27100 S1-26600 S2-26300 
Gold settled up but on weekly basis seen under pressure as an improving U.S. economic outlook dented its appeal as an investment-hedge.
Prices largely ignored a U.S. government report which showed falling U.S. consumer spending for the first time in a year in April.
Heavy technical selling throughout the week sent bullion prices below $1,250 for the first time since Feb. 4.

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CAPITAL STROKE UPDATE 2-June-2014 : MCX SILVER

SILVER STRATEGY: - CONSOLIDATE STRATEGY BUY ON DIP R2-42500 R1-41000 S1-38000 S2-36500

Silver prices dropped despite less-than-stellar U.S. economic indicators, as markets bet the U.S. economy continues to recover.

The May decline in consumer confidence was not due to the dismal state of the economy during the 1st quarter.

Still prices ignored the data, as the U.S. economy continues to recover, which will steer investors' attention to stocks and base metals.

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CAPITAL STROKE UPDATE 2-June-2014 : MCX CRUDE OIL

CRUDE OIL: - CONSOLIDATE STRATEGY BUY ON DIPS R2-6250 R1-6170 S1-6050 S2-6000
Crude oil dropped as traders took profit at the end of the month, however downside seen limited underpinned by supply worries.
Oil supply from Libya, a source of high quality, remained near a tenth of capacity with protests and violence disrupting output.

Crude was partly under pressure from news of an overall rise in U.S. crude stocks, though other inventory figures were supportive.


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CAPITAL STROKE UPDATE 2-June-2014 : MCX COPPER

COPPER: CONSOLIDATE STRATEGY BUY ON DIPR2-422 R1-416 S1-406 S2-400
Copper fell amid worries about China's economy but was on track for its monthly rise given peak seasonal demand.
However downside seen limited underpinned as dwindling global stocks trigger a rush for remaining supplies and by seasonally robust demand.
Copper output at Chile's Codelco drops slightly in first quarter.

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CAPITAL STROKE UPDATE 2-June-2014 : MCX ZINC

ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-126 R1-124.5 S1-121 S2-119 
Zinc settled flat as a weaker-than-expected reading of U.S. economic growth prompted some investors to reduce positions.
Hopes that authorities in China, would enact measures to boost country's slowing economy and signs of stronger business activity in the U.S.
Zinc weekly stocks at Shanghai exchange came down by 8302 tonnes.
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CAPITAL STROKE UPDATE 2-June-2014 : MCX NICKEL

NICKEL: - CONSOLIDATE STRATEGY BUY ON DIP R2-1175 R1-1160 S1-1130 S2-1115 .Nickel ended with gains as support continued to be seen on persistent concerns about a supply shortage.New Caledonian authorities will allow mining giant Vale to restart nickel mining activities after suspending operations at the $6 billion plant.Technically market is under fresh buying as market has witnessed gain in open interest by 80.13% to settled at 5548.


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CAPITAL STROKE ALL COMMODITY RESISTANCE AND SUPPORT UPDATE 2 JUNE 2014

CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-27400 R1-27100 S1-26600 S2-26300

SILVER STRATEGY: - CONSOLIDATE STRATEGY BUY ON DIP R2-42500 R1-41000 S1-38000 S2-36500

CRUDE OIL: - CONSOLIDATE STRATEGY BUY ON DIPS R2-6250 R1-6170 S1-6050 S2-6000

COPPER: CONSOLIDATE STRATEGY BUY ON DIPR2-422 R1-416 S1-406 S2-400

LEAD: - CONSOLIDATE STRATEGY BUY ON DIP R2-128 R1-126 S1-122 S2-120

ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-126 R1-124.5 S1-121 S2-119

NICKEL: - CONSOLIDATE STRATEGY BUY ON DIP R2-1175 R1-1160 S1-1130 S2-1115

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