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DAILY MCX NEWSLETTER

Gold prices gained in Asia on Friday with minutes from the Bank of Japan casting a shadow on easy monetary policies. The Bank of Japan board had a sharp debate on whether to follow some European central banks and add negative interest rates to its aggressive monetary easing program

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DAILY MCX NEWSLETTER

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  1. www.capitalstars.com www.capitalstars.com | | CapitalStars Research 18/03/2016 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: LME copper should narrowly range USD 5,000-5,080/mt during Asian trading hours Friday. Both LME and SHFE copper saw big gains overnight with positions growing thanks to rate decision by US Fed. Base metals are expected to continue rising today on market optimism. Recent February CPIs from Eurozone and Germany mean inflation Eurozone weakened. This bodes ill for Germany’s February PPI. Gold prices gained in Asia on Friday with minutes from the Bank of Japan casting a shadow on easy monetary policies. The Bank of Japan board had a sharp debate on whether to follow some European central banks and add negative interest rates to its aggressive monetary easing program, leading to a tight 5 to 4 vote on adopting the new policy, the minutes of the bank's Jan. 28-29 meeting released Friday showed. ENERGY: Crude oil prices trended slightly lower in Asia on Friday with investors again weighing prospects of some kind of deal on an output freeze by major producers and ahead of U.S. rig count data. The latest rally was triggered by reports on Wednesday that OPEC and Non-OPEC producers will meet in mid-April in Doha in their latest effort to stabilize oil prices. Iranian exports increased to 1.55 million barrels per day in January, according to Saudi-based Joint Organizations Data Initiative, their highest level since March, 2014. www.capitalstars.com www.capitalstars.com | | CapitalStars Research CapitalStars Research

  3. BULLION & ENERGY CS GOLD ( CS GOLD (APRIL APRIL) OVERVIEW ) OVERVIEW: : TREND : BULLISH RESIST 2: 30160 RESIST 1: 29750 SUP 1: 29190 SUP 2: 28920 STRATEGY: BUY ON DIPS CS SILVER ( CS SILVER (MAY MAY) OVERVIEW ) OVERVIEW: : TREND : BULLISH RESIST 2: 39260 RESIST 1: 38800 SUP1: 37230 SUP2: 36870 STRATEGY : BUY ON DIPS CS CRUDE OIL ( CS CRUDE OIL (APRIL APRIL) OVERVIEW ) OVERVIEW: : TREND : BULLISH RESIST 2:2900 RESIST 1:2860 SUP1:2720 SUP2:2675 STRATEGY: BUY ON DIPS OVERVIEW: : CS NATURAL GAS ( CS NATURAL GAS (MARCH) MARCH) OVERVIEW TREND : BULLISH RESIST 2:134 RESIST 1:130 SUP1:126 SUP2:123 STRATEGY: BUY ON DIPS www.capitalstars.com www.capitalstars.com | | CapitalStars Research CapitalStars Research

  4. BASE METAL CS COPPER ( CS COPPER (APRIL APRIL) OVERVIEW: ) OVERVIEW: TREND : BULLISH RESIST 2:346 RESIST 1:344 SUP1:339 SUP2:336 STRATEGY: BUY ON DIPS 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 ………….. Our Some Best Services Read it Here… Commodity Market Tips, MCX Copper Tips, MCX Tips, Crude oil tips, Nifty Options Tips, Share Market Live, Financial Advisory Company in Indore, Stock Advisory Company in Indore CapitalStars Financial Research Financial Advisory Services www.capitalstars.com | T:+91-731-6790000,6669900

  5. www.capitalstars.com www.capitalstars.com | | CapitalStars Research CapitalStars Research COMMODITY PICK OF THE DAY: CRUDE OIL MCX CRUDE OIL APR., Thursday as seen in the daily chart opened at 2685 levels and day high of 2776 levels. During this period price corrected & made day low of 2685 levels finally closed at 2764 levels. Now, there are chances of further upward movement technically & fundamentally. Crude oil prices trended slightly lower in Asia on Friday with investors again weighing prospects of some kind of deal on an output freeze by major producers and ahead of U.S. rig count data.

  6. DAILY RECOMMENDATION: BUY MCX CRUDE OIL APR., AROUND 2780 LEVELS FOR TARGET OF T1 2880 /T2 2900 WITH SL OF 2680 LEVELS. www.capitalstars.com www.capitalstars.com | | CapitalStars Research CapitalStars Research 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.

  7. www.capitalstars.com www.capitalstars.com | | CapitalStars Research CapitalStars Research

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