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Daily Market Reflection

14th June 2016


Market Outlook

COMDEX

Gold and silver showed bullish movement because expectation of


interest rate hike can be delayed. In coming session if MCX gold will be
closed above 30500 then new bullish movement can be seen and
above it buying would be profitable. Crude oil showed bearish to
sideways movement because U.S. drilling activity is increased. In
coming session bull trend of crude can be continued. Buying crude on
dips can be profitable strategy. Base metals showed strong bullish
movement but its trend is bearish.
Fundamental News
Gold prices rose to a four-week high on Monday, as uncertainty
Fundamental
over whetherFactors
the U.K. will leave the European Union next week
troubled investors.
Oil prices fell to their lowest point in 11 days Monday, a second
day of losses connected with another increase in U.S. drilling
activity.
Copper prices rose on Monday, boosted by the dollar's softer
tone due to expectations the U.S. Fed will keep rates on hold
this week.
Important Data
Time

Currenc
y

Event

2:00 pm

GBP

CPI y/y

2:00 pm

GBP

PPI Input m/m

2:00 pm

GBP

Foreca
st

Previou
s

0.4%

0.3%

0.9%

0.9%

1.5%

1.3%

0.4%

0.8%

6:00 pm

USD

RPI y/y
Core Retail Sales
m/m

6:00 pm

USD

Retail Sales m/m

0.4%

1.3%

6:00 pm

USD

Import Prices m/m

0.8%

0.3%

Market Updates
MCX
Date
10-06-16

GOLD
SILVER
CRUDE
COPPER
USDINR

30084
41068
3298
301.35
105.10
114.25
597.60
139.40
172
Date
10-06-16
1273.40
17.330
49.07
2.031
66.952

Date
13-0616
30399
41447
3275
305.70
107.35
115.60
596.30
139.40
174.40
Date
13-06-16
1286.95
17.450
48.65
2.053
67.198

$ INDEX

94.25

94.44

GOLD
SILVER
CRUDE
COPPER
ALUMINIUM
LEAD
NICKEL
ZINC
NATURALGAS
COMEX

% Chg
+1.05%
+0.92%
-0.70%
+1.44%
+2.14%
+1.18%
-0.22%
+0.00%
+1.40%
% Chg
+0.86%
+0.69%
-0.86%
+1.11%
+0.246
%
-0.20%

OUR PREVIOUS CALLS UPDATE


Intraday super star
Date Commodity Entry
Exit
P/L
13/0 ALUMINIUM 105
105.80
6
Multibagger
Date Commodity Entry
Exit
13/0 COPPER
6
Trifid special
Date Commodity Entry
Exit
13/0 SOYABEAN
6
For our next calls click here..

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-4000

P/L
-

P/L
-

Gold and Silver


GOLD

PIVOT
S
MCX
COME

COMEX GOLD

S1

S2

R1

R2

30350
1275

30200
1268

30500
1289

30700
1300

SILVER

Gold showed strong bullish movement and found the


important resistance around 30500. Now if it broke
30500 resistance levels than 30700 will act as next
resistance level. On the other hand 30250 will be major
support level.
COMEX SILVER

PIVOTS

S1

S2

R1

R2

MCX
COMEX

41000
17.25

40500
17.00

41500
17.50

42000
17.80

Silver showed sideways to bullish movement. Now if it


broke the important resistance level of 41500 then
42000 act as next resistance level. On lower side 40700
will act as important support level.

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Crude and Copper


CRUDE

COMEX CRUDE

PIVOTS

S1

S2

R1

R2

MCX

3265

3235

3320

3350

COMEX

48.55

48.00

49.30

49.60

PIVOTS

S1

S2

R1

R2

MCX

303

300

307

310

COMEX

2.0310

2.0110

2.0565

2.0760

COPPER

Crude oil showed bearish movement in morning


session but in evening session in bounce towards the
resistance level of 3310. Now if it showed bearish
movement and sustain below 3260 then 3200 will be
next support level. On the higher side important
resistance is 3310.
COMEX COPPER

Copper showed correction on higher side and found


resistance around 307. Sustain below 303 then next
support level will be seen at 300. If some correction
happens on higher side then it pull towards resistance
level of 310.

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Other Commodities
PIVOT
COMMODITIE
S

S1

S2

R1

R2

VOLUME

OI

TREND

ALUMINIUM

106

104.50

107.80

109

10961

3147

Bullish

LEAD

115

113.50

116

118.50

12912

3475

Bullish

NICKEL

590

575

610

625

20158

19317

Bullish

ZINC

139

138

140

141

23085

9712

Bullish

NATURAL GAS

171

167

178

183

40831

8117

Bullish

LME INVENTORY
dasdasdinkjjlfcnl
COMMODITIES
7/06/2016

8/06/2016

9/06/2016

10/06/2016

13/06/2016

ALUMINIUM

-6650

-6650

-6700

-7400

-5375

COPPER

+21850

+11075

+5950

-2550

-3050

LEAD

+50

-25

-768

-25

-930

NICKEL

+738

-984

+550

-84

-84

ZINC

-800

+3075

-1250

-500

-325

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Agri Commodity Updates


CHANA
Chana showed bullish movement all the day and
found the resistance of 7100. Now if it maintain
below 7115 then 7200 will be next resistance level.
And on lower side will be act as major resistance
level.

PIVOTS

S1

S2

R1

R2

7000

6930

7115

7200

MENTHAOIL
Menthaoil showed sideways to negative trend and
found the support of 834. Now on lower side 830
will act as important support level below which it will
drag towards the support level of 825. On higher
side some correction pulls it towards the resistance
level of 842.

PIVOTS

S1

S2

R1

R2

830

825

842

850

DHANIYA
Dhaniya showed sideways to negative trend and
near to its important support level of 6760. Now on
lower side 6760 will act as important support level
below which it will drag towards the support level of
6700. On higher side some correction pulls it
towards the resistance level of 6900.

PIVOTS

S1

S2

R1

R2

6820

6760

6865

6925

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Intraday Super Star


(Premium Section)

CALL: BUY CHANA AVOVE 7115 TARGETS 7155/7200 SL 7050.

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Multibagger Call
(Premium Section)

CALL: SELL CRUDE BELOW 3260 TARGETS 3230/3180 SL 3310.

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Trifid Special
(Premium Section)

CALL: BUY LEAD ABOVE 139.80 TARGETS 140.80 SL 138.50.

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