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MCX COMMODITY INDIA NEWS

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MCX COMMODITY INDIA NEWS

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  1. www.capitalstars.com www.capitalstars.com | | CapitalStars Research 25/11/2015 CapitalStars Research DAILY MCX NEWSLETTER s www.capitalstars.com www.capitalstars.com | | CapitalStars Research CapitalStars Research www.capitalstars.com | | Ca www.capitalstars.com Ca

  2. BULLION: BASE METAL: Given the back of Turkey-Russia tensions, LME copper will bounce back to USD 4,580-4,640/mt during Asian trading hours Wednesday. The focus is turning to US October’s durable goods orders and housing starts due out Wednesday night. Investors expect those figures to be upbeat. Markets expect October’s durable goods orders to return to 1.5% from September’s -1.2%. US new home sales hit year’s low in September following two straight months’ gains, which however, should improve in October. US dollar index is predicted to hover at highs with US improved housing market. Gold clung to overnight gains on Wednesday on a softer dollar and heightened tensions after Turkey shot down a Russian warplane, but the metal wasn't too far from a near-six-year low on fears the Federal Reserve will hike U.S. rates next month. Bullion benefited from safe-haven bids after Turkey shot down a Russian warplane near the Syrian border on Tuesday, saying the jet had violated its air space, in one of the most serious publicly acknowledged clashes between a NATO member country and Russia for half a century. ENERGY: Crude oil futures extended gains on Wednesday after prices hit two-week highs in the previous session as tension mounted in the Middle East following Turkey's downing of a Russian warplane. In Asian hours you are seeing some profit-taking but bullish sentiment is continuing," said Daniel Ang, an investment analyst at Phillip Futures said, referring to the increased geopolitical risk in the oil-producing Middle East. We expect economic data to further support this momentum," Ang said separately in a Wednesday note. www.capitalstars.com www.capitalstars.com | | CapitalStars Research CapitalStars Research

  3. BULLION & ENERGY CS GOLD (DECEMBER) OVERVIEW: : TREND : BULLISH RESIST 2: 25500 RESIST 1: 25360 SUP 1: 25165 SUP 2: 25075 STRATEGY: BUY ON DIPS CS SILVER (DECEMBER) OVERVIEW: : TREND : BULLISH RESIST 2: 34250 RESIST 1: 34000 SUP1: 33600 SUP2: 33400 STRATEGY : BUY ON DIPS CS CRUDE OIL (DECEMBER) OVERVIEW: : TREND : BULLISH RESIST 2:2900 RESIST 1:2840 SUP1:2740 SUP2:2700 STRATEGY: BUY ON DIPS CS NATURAL GAS (DECEMBER) OVERVIEW: : TREND :BEARISH RESIST 2:160 RESIST 1:157 SUP1: 153 SUP2:149 STRATEGY: SELL ON RISE www.capitalstars.com www.capitalstars.com | | CapitalStars Research CapitalStars Research

  4. BASE METAL CS COPPER ( CS COPPER (NOVEMBER NOVEMBER) OVERVIEW: ) OVERVIEW: TREND :BEARISH RESIST 2:307 RESIST 1:303 SUP1:296 SUP2:293 STRATEGY: SELL ON RISE Get real time advice for Stock Market, Forex, COMEX, Stock trading tips, Forex, Commodity like gold, silver, copper, crude trading tips and all market updates. We Provide Stock trading tips. For 2 Days Free Trial, please visit our site ………….. http://www.capitalstars.com Call at 0731-6790000, 6669900 www.capitalstars.com www.capitalstars.com | | CapitalStars Research CapitalStars Research

  5. COMMODITY PICK OF THE DAY: CRUDE OIL MCX CRUDE OIL Dec., Monday as seen in the daily chart opened at 2816 levels and day high of 2902 levels. During this period price corrected & made day low of 2798 levels finally closed at 2877 levels. Now, there are chances of further upward movement technically & fundamentally.  In Asian hours you are seeing some profit-taking but bullish sentiment is continuing," said Daniel Ang, an investment analyst at Phillip Futures said, referring to the increased geopolitical risk in the oil-producing Middle East. We expect economic data to further support this momentum," Ang said separately in a Wednesday note. DAILY RECOMMENDATION:BUY MCX CRUDE OIL DEC., ABOVE 2890 LEVELS FOR TARGET OF T1 2990/T2 3040 WITH SL OF 2770 LEVELS. www.capitalstars.com www.capitalstars.com | | CapitalStars Research CapitalStars Research

  6. DISCLAIMER The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most. Use of this report in no way constitutes a client/advisor relationship, all information we communicate to you (the subscriber) either through our Web site or other forms of communications, are purely for informational purposes only. We recommend seeking individual investment advice before making any investment, for you are assuming sole liability for your investments. Capital Stars will in no way have discretionary authority over your trading or investment accounts. All rights reserved. www.capitalstars.com www.capitalstars.com | | CapitalStars Research CapitalStars Research

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