Mcx daily report 27-Nov-2017

1. CapitalStars Financial Research Pvt., Ltd., 1 SEBI Registration Number: INA000001647 MCX Daily Report -27 NOV 2017 News High lights Gold dropped as some investors locked in profits at the end of the week, and risk appetite strengthened. Gold prices slid lower on Friday as some investors took profits at the end of the week, but losses were held in check by the weaker dollar. A weaker dollar typically tends to support gold, which is denominated in the U.S. currency and becomes more affordable to foreign buyers when the dollar declines. The dollar remained on the back foot after Wednesday’s minutes of the Federal Reserve’s November meeting showed that some officials were concerned inflation would stay below the bank's 2% target for longer than expected. The minutes echoed comments by Fed Chair Janet Yellen earlier in the week that she was uncertain about the inflation outlook. While a rate hike in December is still almost fully priced in, investors pared back expectations for further rate hikes in 2018, sending the dollar lower. In the week ahead, the changing of the guard at the Federal Reserve will be a big focus for investors, with investors awaiting comments from a number of Fed speakers, including both the current chair and next head of the U.S. central bank. Review of Copper Concentrate Market: Strike Appears Again, with Prudent Market Transaction. Last week the entire copper concentrate market is cold, with little transaction willingness of demand and supply, Up to last Friday, SMM spot TC offers at $85-93 per ton, keep same level as previous times. Reviewing recent market, the overall atmosphere is prudent before the negotiation of long-term order. CSPT members insist on floor price of Q4. SMM learned that recently one CSPT smelting plant reached a transaction with a trader for clean ore of TC95, which is scarce in recent times. Price of Jinchuan Refined Nickel. Today price of Jinchuan Group fluctuates in line with market conditions. Jinchuan’s quote on their refined nickel (780x850x3~5mm) is 95,500 yuan / ton in Shanghai today and 96,700 yuan / ton for refined nickel (4x4 inch), 700 yuan / ton more than last Friday. The ex-factory price is close to the Jinchuan nickel spot price this morning. Crude oil gained supported by tighter supplies amid ongoing disruption to the Keystone pipeline. Crude oil prices finished higher in an abbreviated session on Friday, with the U.S. benchmark surging to its best level since July 2015, as the shutdown at North America's Keystone pipeline continued to cut deliveries to storage facilities. Trading in crude futures settled an hour earlier on Friday, at 1:30PM ET, following the observance of Thanksgiving in the U.S. on Thursday. The disruption to the Keystone pipeline connecting Canada’s Alberta oil sands to U.S. refineries has reduced the usual 590,000 barrel-per-day flow to U.S. refineries, driving down inventories at the storage hub of Cushing, Oklahoma Flow from the pipeline, which was shut on Nov. 16 following a 5,000-barrel spill in South Dakota, was expected to be reduced by 85% through the end of November, according to line operator TransCanada. Crude prices were further supported by growing signals that the Organization of Petroleum Exporting Countries (OPEC) and its allies will agree to prolong supply curbs when producers meet in Vienna at the end of the month.

2. CapitalStars Financial Research Pvt., Ltd., 2 SEBI Registration Number: INA000001647 MCX Daily Report - 27 NOV 2017 Precious Metals CS GOLD (DEC) OVERVIEW: TREND : SIDEWAYS RESIST 2: 29700 RESIST 1: 29600 SUP 1: 29350 SUP 2: 29250 WWW.CAPITALSTARS.COM +917316690000 CS SILVER (DEC) OVERVIEW: TREND : SIDEWAYS RESIST 2: 39850 RESIST 1: 39700 SUP 1: 38900 SUP 2: 38750 WWW.CAPITALSTARS.COM +917316690000 Base Metals CS COPPER (NOV) OVERVIEW: TREND : BULLISH RESIST 2: 459.00 RESIST 1: 456.00 SUP 1: 447.00 SUP 2: 444.00 WWW.CAPITALSTARS.COM +917316690000 CS NICKEL (NOV) OVERVIEW: TREND : BULLISH RESIST 2: 790.00 RESIST 1: 785.00 SUP 1: 755.00 SUP 2: 750.00 WWW.CAPITALSTARS.COM +917316690000 CS ZINC (NOV) OVERVIEW: TREND : SIDEWAYS RESIST 2: 214.00 RESIST 1: 212.00 SUP 1: 207.00 SUP 2: 205.00 WWW.CAPITALSTARS.COM +917316690000 CS LEAD (NOV) OVERVIEW: TREND : BULLISH RESIST 2: 165.00 RESIST 1: 163.00 SUP 1: 157.00 SUP 2: 155.00 WWW.CAPITALSTARS.COM +917316690000 CS ALUMINIUM (NOV) OVERVIEW: TREND : BULLISH RESIST 2: 139.00 RESIST 1: 138.00 SUP 1: 135.00 SUP 2: 134.00 WWW.CAPITALSTARS.COM +917316690000 Energies CS CRUDE OIL (DEC) OVERVIEW: TREND : BULLISH RESIST 2: 3890 RESIST 1: 3850 SUP 1: 3760 SUP 2: 3720 WWW.CAPITALSTARS.COM +917316690000 CS NATURAL GAS (DEC) OVERVIEW: TREND : BEARISH RESIST 2: 202.00 RESIST 1: 199.00 SUP 1: 190.00 SUP 2: 187.00 WWW.CAPITALSTARS.COM +917316690000

3. CapitalStars Financial Research Pvt., Ltd., 3 SEBI Registration Number: INA000001647 MCX Daily Report - 27 NOV 2017 Capitalstars is a SEBI Registered &ISO Certified Company in Indore, they provide Equity, Commodity, Nifty & forex trading calls with profit in your trading. GET MORE DETAILS HERE:- ∑ Stock Advisory Company ∑ Trading Tips ∑ Financial Advisory company ∑ Stock Tips ∑ Share Market Company ∑ Forex trading tips ∑ Currency Tips Also, you can visit:- capitalstars quick payment capitalstars career

4. CapitalStars Financial Research Pvt., Ltd., 3 SEBI Registration Number: INA000001647 MCX Daily Report -27 NOV 2017 Pick for the Day MCX Crude Oil Dec on Friday as seen in the daily chart opened at 3789 levels and day high of 3814 levels. During this period price corrected & made day low of 3781 levels finally closed at 3808 levels. Now, there are chances of further Upside movement technically & fundamentally. ∑ Russian Energy Minister Alexander Novak said on Friday that Russia would discuss the details of an extension on Nov. 30, but made no mention of how long this should last beyond its March expiry. ∑ The uncertainty of how committed Russia is to ongoing cuts, as well as rising production in the United States, mean crude prices are being prevented from rising much further, traders said. Analysts also noted technical chart indicators that implied crude oil futures were in for a downward correction. DAILY RECOMMENDATION: Buy MCX CRUDE OIL DEC AROUND 3800 LEVELS FOR TARGET OF T1 3850/ T2 3870 WITH SL 3720 OF LEVELS.

5. CapitalStars Financial Research Pvt., Ltd., 4 SEBI Registration Number: INA000001647 MCX Daily Report -27 NOV 2017 isclaimer The information and views in this report & all the service we provide are believed to be reliable, but we do not accept any responsibility for errors of fact or opinion. Investors have the right to choose the product/s that suits them the most. Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and up on sources that we consider reliable. This material is for personal information and based upon it & takes no responsibility. The information given herein should be treated as only factor, while making investment decision. The report does not provide individually tailor-made investment advice. My research recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Capital Stars shall not be responsible for any transaction conducted based on the information given in this report, which is in violation of rules and regulations of regulators. The price projections shown are not necessarily indicative of future price performance. The information herein, together with all estimates and forecasts, can change without notice. It is understood that anyone who is browsing through the site has done so at his free will and does not read any views expressed as a recommendation for which either the site or its owners or anyone can be held responsible for. Investment & Trading in Securities Markets are always subjected to market risk. Capital stars Financial Research Private Ltd., Reserves all Rights. CONTACT US REGISTERED OFFICE Capitalstars Financial Research Private Limited PLOT NO.12, SCHEME NO.78 PART-II, VIJAY NAGAR, INDORE Email :- backoffice@capiltalstars.in Report Is Checked By Investment Advisor :