CAPITAL STROKE UPDATE 22-August-2014 : MCX ZINC

ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-146 R1-144 S1-141 S2-139
Zinc edged lower after data showed that China's factory activity slowed to a three-month low in August, fuelling concerns over the health of economy.

China's MMG Ltd said the global deficit in the metal had increased faster than expected.

Global zinc market deficit expanded to 234,000 tonnes in the first six months of 2014– ILZSG

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CAPITAL STROKE UPDATE 22-August-2014 : MCX NICKEL

NICKEL: - CONSOLIDATE STRATEGY BUY ON DIP R2-1170 R1-1155 S1-1125 S2-1110
Nickel prices dropped due to risk aversion before Fed Chair Yellen’s speech due on Friday and downbeat China manufacturing PMI.

Growth in China's vast factory sector slowed to a three-month low in August as output and new orders moderated.

US initial jobless claims for the week ending on August 15 came in at 298,000, fewer than the expected 300,000

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CAPITAL STROKE UPDATE 22-July-2014 : MCX ALUMINIUM

Aluminium trading range for the day is 123.2-126.

Aluminum retreated from highs as industrial metals declined after worse-than-expected manufacturing data from China.

HSBC’s flash China manufacturing PMI for August came in at 50.3, missing forecasts and down from the previous reading.

Aluminium daily stocks at Shanghai exchange came down by 2726 tonnes.

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CAPITAL STROKE UPDATE 22 August 2014 : MCX NATURAL GAS

Naturalgas trading range for the day is 224.6-245.8.

Natural gas ended with gains but pared most of its gains after data showed that U.S. natural gas supplies 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 88 billion cubic feet.

Inventories rose by 58 bcf in the same week a year earlier, while the five-year average change is a build of 48 bcf.

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CAPITAL STROKE ALL COMMODITY RESISTANCE AND SUPPORT UPDATE 22 August 2014

CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-28300 R1-28000 S1-27500 S2-27200

SILVER STRATEGY: - CONSOLIDATE STRATEGY BUY ON DIP R2-45500 R1-44000 S1-41000 S2-40000

CRUDE OIL: - CONSOLIDATE STRATEGY BUY ON DIPS R2-5900 R1-5820 S1-5670 S2-5600

COPPER: CONSOLIDATE STRATEGY BUY ON DIP R2-436 R1-430 S1-420 S2-416

LEAD: - CONSOLIDATE STRATEGY BUY ON DIP R2-140 R1-138 S1-134 S2-132

ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-146 R1-144 S1-141 S2-139

NICKEL: - CONSOLIDATE STRATEGY BUY ON DIP R2-1170 R1-1155 S1-1125 S2-1110

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CAPITAL STROKE UPDATE 21-August-2014 : MCX GOLD

CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-28600 R1-28400 S1-27900 S2-27600
The Gold is in perfect uptrend .Currently Gold is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The Gold is now trading in overbought level. The Gold is now trading in overbought level. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Gold is 28362-28153-28047-27827-27607-27531-. Immediate resistance for Gold is 29201


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CAPITAL STROKE UPDATE 21-August-2014: MCX SILVER

SILVER STRATEGY: - CONSOLIDATE STRATEGY BUY ON DIP R2-45500 R1-44000 S1-41000 S2-40000

The Silver is in long- term bull phase .Currently Silver is in strong downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The Silver is now trading in oversold level. The Silver is now trading in oversold level. The oscillator is showing SELL signal For short term Silver is in SELL position.Positionally Support for the Silver is 42737-42713-.Resistance for the Silver is 43913-43985-44076-44612-

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CAPITAL STROKE UPDATE 21-August-2014 : MCX CRUDE OIL

CRUDE OIL: - CONSOLIDATE STRATEGY BUY ON DIPS R2-5820 R1-5750 S1-5600 S2-5550
Overall trend of the Crudeoil is bearish for medium-long term .Currently Crudeoil is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Crudeoil is in SELL position.Positionally Immediate support for Crudeoil is 5801.Resistance for the Crudeoil is 5987-6034-6086-6162-6166-6201-

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CAPITAL STROKE UPDATE 21-August-2014 : MCX ZINC

ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-147 R1-145 S1-141 S2-139
The Zinc is in long- medium- term bull phase .Currently Zinc is in strong downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Zinc is in SELL position.Positionally Support for the Zinc is 135-130-128-.Resistance for the Zinc is 142-143-144-


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CAPITAL STROKE UPDATE 21-August-2014 : MCX COPPER

COPPER: CONSOLIDATE STRATEGY BUY ON DIP R2-436 R1-430 S1-420 S2-416
Overall trend of the Copper is bearish for medium-long term .Currently Copper is in strong downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Copper is in SELL position.Positionally Immediate support for Copper is 414.Resistance for the Copper is 422-426-431-433-

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