Daily Trading Bites

14th January 2019

I Commodity I

MCX
MCX CRUDE OIL JANUARY Commodity Expiry Close (Rs) Change % Change
GOLD 05 FEB 2019 31928 48 0.15
SILVER 05 MAR 2019 39336 51 0.13
COPPER 28 FEB 2019 415.9 3.5 0.85
CRUDEOIL 18 JAN 2019 3632 -46 -1.25
ZINC 31 JAN 2019 176.25 2.2 1.26
LEAD 31 JAN 2019 140.05 0.75 0.54
ALUMINIUM 31 JAN 2019 128.8 -1.3 -1
NICKEL 31 JAN 2019 805.3 16.7 2.12
NATURALGAS 28 JAN 2019 217 5.8 2.75
MENTHAOIL 31 JAN 2019 1613.1 7.2 0.45

NCDEX
Commodity Expiry Close (Rs) Change % Change
GUARGUM5 18 JAN 2019 8118 -14 -0.17
GUARSEED10 18 JAN 2019 4149 7.5 0.18
CHANA 18 JAN 2019 4142 -15 -0.36
CASTOR 18 JAN 2019 5176 -12 -0.23
 After witnessing straight up move for two week, on Friday crude oil RMSEED 18 JAN 2019 3873 19 0.49
price opened at 3693 and it surged till break down trend line
SYBEANIDR 18 JAN 2019 3570 6 0.17
resistance of 3764 and turned lower from the there and settled at
3632. SYOREF 18 JAN 2019 752.4 6.2 0.83
JEERAUNJHA 18 JAN 2019 17315 40 0.23
 The crude price has come down till immediate trend line support TMCFGRNZM 16 APR 2019 6604 -10 -0.06
and break down below that will correct the commodity till 3500
then 3450 levels in coming sessions. COCUDAKL 18 JAN 2019 1887 4 0.06

 The momentum indicator RSI has slipped slightly in the last session International Prices
and the stochastic has moved into overbought zone. Exchange Commodity Close ($) Change % Change
 Therefore, break down below 3620 will provide sharp decline till Comex Gold 1287.45 -4.55 -0.35%
3500 then 3450 levels and thus we recommend selling below 3620 Comex Silver 15.63 -0.105 -0.67%
for the day. Nymex Crude Oil WTI 52.26 -0.1 -0.19%
ICE Brent Oil 61.32 -0.12 -0.20%
Nymex Natural Gas 2.997 0.013 0.44%
Today's Actionable LME Copper 5910.5 -54 -0.91%
Commodity Expiry Action Entry Target Stop loss LME Lead 1981.25 16.75 0.85%
Crude oil Jan Sell Below 3620 3500 3700 LME Zinc 2519 -31 -1.22%
Nickel Jan Buy Around 805 840 780 LME Aluminium 1869 0 0.00%
RM seed Feb Sell Around 3900 3800 3960 LME Nickel 11227.5 -27.5 -0.24%

87 1.8
Zinc - Lead Spread (Rs) 86
Gold / Silver Ratio ($) 1.6
SPDR Gold holding (Tonnes)
50 6 1.4 810
45 85
5 1.2 800
40 84
35 790
4 1
30 83 780
25 3 0.8
20 82 770
2 0.6
15 760
81 0.4
10 1 750
5 80 0.2
0 0 740
79 0

Spread __ Spread Avg __ STD __ Ratio __ Ratio Avg __ STD __

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 Daily Trading Bites
I Commodity I

ECONOMIC DATA & EVENTS

TIME(IST) COUNTRY DATA & EVENTS ACTUAL FORECAST PREVIOUS
Tentative CNY Trade Balance (USD) (Dec) - 51.53B 44.71B
5:30 PM INR CPI (YoY) (Dec) - 2.20% 2.33%
3:30 PM EUR Industrial Production (MoM) (Nov) - -1.50% 0.20%
Tentative USD Fed Chair Powell Testifies - - -
- - - - - -
- - - - - -

DAILY PIVOT LEVELS

Symbol Expiry LTP S2 S1 Pivot R1 R2
GOLD 05 FEB 2019 31928 31785 31857 31966 32038 32147
SILVER 05 MAR 2019 39336 38969 39152 39391 39574 39813
COPPER 28 FEB 2019 415.9 410.6 413.2 415.5 418.2 420.5
CRUDEOIL 18 JAN 2019 3632 3516 3574 3669 3727 3822
ZINC 31 JAN 2019 176.3 173.6 174.9 175.8 177.2 178.1
LEAD 31 JAN 2019 140.1 137.6 138.8 139.9 141.1 142.2
ALUMINIUM 31 JAN 2019 128.8 127.0 127.9 129.4 130.3 131.9
NICKEL 31 JAN 2019 805.3 785.6 795.5 802.6 812.5 819.6
NATURALGAS 28 JAN 2019 217.0 210.8 213.9 215.8 218.9 220.8
MENTHAOIL 31 JAN 2019 1613.1 1598.4 1605.7 1614.4 1621.7 1630.4
GUARGUM5 18 JAN 2019 8180 8022 8101 8149 8228 8276
GUARGUM5 20 FEB 2019 8240 8129 8185 8236 8292 8343
GUARSEED10 18 JAN 2019 4152 4111 4131 4148 4168 4185
GUARSEED10 20 FEB 2019 4207 4126 4166 4193 4233 4260
CHANA 18 JAN 2019 4170 4110 4140 4155 4185 4200
CHANA 19 MAR 2019 4339 4287 4313 4329 4355 4371
CASTOR 18 JAN 2019 5176 5129 5153 5179 5203 5229
CASTOR 20 FEB 2019 5260 5208 5234 5262 5288 5316
RMSEED 18 JAN 2019 3890 3823 3857 3873 3907 3923
RMSEED 20 FEB 2019 3888 3859 3874 3881 3896 3903
SYBEANIDR 18 JAN 2019 3580 3527 3553 3567 3593 3607
SYBEANIDR 20 FEB 2019 3629 3573 3601 3618 3646 3663
SYOREF 18 JAN 2019 764.0 758.2 761.1 762.8 765.7 767.4
SYOREF 20 FEB 2019 752.3 745.2 748.7 750.8 754.3 756.4
COCUDAKL 18 JAN 2019 1892 1853 1872 1896 1915 1939
COCUDAKL 20 FEB 2019 1911 1881 1896 1918 1933 1954
JEERAUNJHA 18 JAN 2019 17400 17133 17267 17333 17467 17533
JEERAUNJHA 19 MAR 2019 17045 16872 16958 17027 17113 17182
TMCFGRNZM 16 APR 2019 6606 6538 6572 6604 6638 6670
TMCFGRNZM 20 MAY 2019 6648 6643 6645 6647 6649 6651
DHANIYA 16 APR 2019 6689 6526 6608 6696 6778 6866
DHANIYA 18 JAN 2019 6010 5788 5899 6031 6142 6274
COTTON 28 FEB 2019 20950 20790 20870 21000 21080 21210
COTTON 31 JAN 2019 20680 20533 20607 20723 20797 20913

Way2Wealth Brokers Pvt. Ltd. (CIN U67120KA2000PTC027628) SEBI Rgn. No. : INH200002739.
No. 14, Frontline Granduer, Walton Road, Bangalore-560001; Website: www.way2wealth.com Email: research@way2wealth.com
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 Daily Trading Bites
I Commodity I

TEAM

ANALYST DESIGNATION EMAIL TELEPHONE

Aditya Agarwal Head – Technical Research aditya@way2wealth.com +9122-61462955
Harish Jujarey Sr. Technical Analyst – Forex & Commodity harishjujarey@way2wealth.com +9122-61462952
Mohit Agarwal Technical Analyst – Forex & Commodity mohitk@way2wealth.com +9122-61462954
Monil Shah, CMT Technical Analyst – Equity & Forex monilshah@way2wealth.com +9122-61462980

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Way2Wealth Brokers Pvt. Ltd. (CIN U67120KA2000PTC027628) SEBI Rgn. No. : INH200002739.
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