Thursday 27 February 2014

DAILY COMMODITY MARKET STRATEGY-28 FEB

http://www.capitalstars.com/freetrials.php
BASE METAL WRAP: Copper advanced for the first time this week, paring a monthly drop, on concern that mine supplies will decline from Indonesia and stockpiles continued shrinking.

ENERGY WRAP: West Texas Intermediate crude fell for a second day, trimming a monthly gain. Brent swung between gains and losses in London.

PRECIOUS METAL WRAP: Gold headed for the first back-to-back monthly gain since August as concern that the U.S. recovery may be losing momentum and turmoil in emerging markets boosted haven demand. Assets in bullion-backed exchange-traded products were set for the first monthly increase in 14 months.

GLOBAL EVENTS TO WATCH: ANZ Business Confidence, CPI Flash Estimate y/y, FOMC Member Fisher Speaks, GDP m/m, Prelim GDP q/q, Prelim GDP Price Index q/q, Chicago PMI, Revised UoM Consumer Sentiment, Revised UoM Inflation Expectations, Pending Home Sales m/m, FOMC Member Kocherlakota Speaks, FOMC Member Stein Speaks, BOE Gov Carney Speaks.

COMMODITY
COMMODITY
CS CHANA (APRIL) OVERVIEW:
TREND BULLISH
SUP1:2960
SUP2:2910
RESIST1:3200
RESIST2:3230
TRADING STRATEGY:BUY ON DIPS
CAPITALSTARS.COM +919200099927 +919977499927
CS COPPER (FEB.) OVERVIEW:
TREND CONSOLIDATE
SUP1:442
SUP2:440
RESIST1:448
RESIST2:453
TRADING STRATEGY: BUY ON DIPS
CAPITALSTARS.COM +919200099927
CS JEERA (MARCH) OVERVIEW:
TREND CONSOLIDATE
SUP1:11300
SUP2:11275
RESIST1:11900
RESIST2:12170
TRADING STRATEGY: BUY ON DIPS
CAPITALSTAR0S.COM +919200099927
CS CRUDE (FEB.) OVERVIEW:
TREND CONSOLIDATE
SUP1:6270
SUP2:6150
RESIST1:6440
RESIST2:6470
TRADING STRATEGY: BUY ON DIPS
CAPITALSTARS.COM +919200099927
CS TURMERIC (APRIL) OVERVIEW:
TREND CONSOLIDATE
SUP1:6770
SUP2:6610
RESIST1:7140
RESIST2:7370
TRADING STRATEGY: BUY ON DIPS
CAPITALSTARS.COM +919200099927
CS GOLD (APRIL) OVERVIEW:
TREND CONSOLIDATE
SUP1:29750
SUP2:29630
RESIST1:30300
RESIST2:30520
TRADING STRATEGY: BUY ON DIPS
CAPITALSTARS.COM +919200099927
CS SOYABEAN (MARCH) OVERVIEW:
TREND BULLISH
SUP1:4085
SUP2:4020
RESIST1:4220
RESIST2:4276
TRADING STRATEGY: BUY ON DIPS
CAPITALSTARS.COM +919200099927
CS SILVER (MARCH) OVERVIEW:
TREND CONSOLIDATE
SUP1:45850
SUP2:45230
RESIST1:47200
RESIST2:48000
TRADING STRATEGY: SELL ON RISE
CAPITALSTARS.COM +919200099927


INDIAN EQUITY MARKET OUTLOOK-28 FEB

http://www.capitalstars.com/freetrials.php
INDIAN BENCHMARK have started the trading session on a higher note with Sensex and Nifty gaining by nearly 0.5% each. The government will unveil data on gross domestic product (GDP) for Q3 December 2013 after trading hours today.

FURTHER, Tech Mahindra said it has signed an agreement to acquire the IT and consultancy services business of chemical giant BASF in a bid to strengthen its presence in Western Europe. Reliance Industries is fearing that it may be compelled to shut down production from KG-D6 block in the absence of an agreement on the price of gas.

Trend in FII flows: The FIIs were net buyers of Rs.511cr in the cash segment on Wednesday while the domestic institutional investors (DIIs) were net sellers of Rs. 251cr, as per the provisional figures released by the NSE.

Tuesday 25 February 2014

DAILY COMMODITY MARKET STRATEGY-26 FEB

http://www.capitalstars.com/freetrials.php
BASE METAL WRAP: Copper traded near a three-week low after a report showed flagging U.S. consumer confidence and amid concern that China’s growth is slowing, damping demand prospects from the world’s two biggest users.

ENERGY WRAP: West Texas Intermediate traded near the lowest price in more than a week. An industry report showed stockpiles declined at the delivery point for U.S. crude contracts. Brent was little changed.

PRECIOUS METAL WRAP: Gold traded near a 17-week high as investors weighed U.S. economic data that missed estimates against weaker physical demand at higher prices.

GLOBAL EVENTS TO WATCH: Second Estimate GDP q/q, New Home Sales, Crude Oil Inventories.

COMMODITY
COMMODITY
CS CHANA (APRIL) OVERVIEW:
TREND CONSOLIDATE
SUP1:2960
SUP2:2910
RESIST1:3050
RESIST2:3100
TRADING STRATEGY:SELL ON RISE
CAPITALSTARS.COM +919200099927 +919977499927
CS COPPER (FEB.) OVERVIEW:
TREND CONSOLIDATE
SUP1:442
SUP2:440
RESIST1:450
RESIST2:453
TRADING STRATEGY: SELL ON RISE
CAPITALSTARS.COM +919200099927
CS JEERA (MARCH) OVERVIEW:
TREND BEARISH
SUP1:11275
SUP2:11100
RESIST1:11900
RESIST2:12170
TRADING STRATEGY: SELL ON RISE
CAPITALSTAR0S.COM +919200099927
CS CRUDE (FEB.) OVERVIEW:
TREND CONSOLIDATE
SUP1:6270
SUP2:6150
RESIST1:6355
RESIST2:6470
TRADING STRATEGY: SELL ON RISE
CAPITALSTARS.COM +919200099927
CS TURMERIC (APRIL) OVERVIEW:
TREND CONSOLIDATE
SUP1:6770
SUP2:6610
RESIST1:7140
RESIST2:7370
TRADING STRATEGY: SELL ON RISE
CAPITALSTARS.COM +919200099927
CS GOLD (APRIL) OVERVIEW:
TREND CONSOLIDATE
SUP1:29750
SUP2:29630
RESIST1:30300
RESIST2:30520
TRADING STRATEGY: BUY ON DIPS
CAPITALSTARS.COM +919200099927
CS SOYABEAN (MARCH) OVERVIEW:
TREND CONSOLIDATE
SUP1:3968
SUP2:3930
RESIST1:4110
RESIST2:4216
TRADING STRATEGY: BUY ON DIPS
CAPITALSTARS.COM +919200099927
CS SILVER (MARCH) OVERVIEW:
TREND CONSOLIDATE
SUP1:46700
SUP2:45850
RESIST1:49240
RESIST2:50400
TRADING STRATEGY: BUY ON DIPS
CAPITALSTARS.COM +919200099927


INDIAN EQUITY MARKET OUTLOOK-26 FEB

http://www.capitalstars.com/freetrials.php
INDIAN BENCHMARK see a volatile day ahead as investors will remain cautious on account of February month derivative expiry today. The board of state-owned Oil India Ltd (OIL) has approved the acquisition of a 5 per cent stake in Indian Oil Corp (IOC) from the government at a discount to the market price.

FURTHER, Wipro is keen to repeat the success of its Citibank captive acquisition, as the company accelerates efforts to close the gap between itself and rivals Tata Consultancy Services and Infosys in winning financial clients. CESC Ltd has sought a sharp hike of 18% in average tariff to Rs7.55 a unit from the regulator for the financial year 2014-15.

Trend in FII flows: The FIIs were net buyers of Rs.423cr in the cash segment on Tuesday while the domestic institutional investors (DIIs) were net sellers of Rs. 289cr, as per the provisional figures released by the NSE.

Monday 24 February 2014

INDIAN EQUITY MARKET OUTLOOK-25 FEB

http://www.capitalstars.com/freetrials.php
INDIAN BENCHMARK upbeat to begin with. Tata Power's board will deliberate on various fund raising options, including by way of preferential issue of shares to institutional investors, on February 27.

FURTHER, Ranbaxy Labs will be in focus after Japanese drugmaker Daiichi Sankyo Co Ltd said that its Indian unit Ranbaxy Laboratories Ltd has suspended shipment of pharmaceutical ingredients produced at its Toansa and Dewas plants. JP Associates may be in action on reports of stake sale of cement plants.

Trend in FII flows: The FIIs were net buyers of Rs.266cr in the cash segment on Monday while the domestic institutional investors (DIIs) were net sellers of Rs. 248cr, as per the provisional figures released by the NSE.

DAILY COMMODITY MARKET STRATEGY-25 FEB

http://www.capitalstars.com/freetrials.php
BASE METAL WRAP: Copper fell the most in three weeks in New York after Shanghai Securities News reported that some banks in China are curbing real-estate loans, signaling slower demand growth from the world’s largest metal-consuming country.

ENERGY WRAP: West Texas Intermediate swung between gains and losses near $103 a barrel amid speculation crude stockpiles at Cushing, Oklahoma, fell as cold weather boosted fuel demand in the world’s biggest oil consumer.

PRECIOUS METAL WRAP: Gold traded near a 16-week high even as some investors deemed the rally excessive on expectations the Federal Reserve will keep its plan to reduce U.S. stimulus.

GLOBAL EVENTS TO WATCH: S&P/CS Composite-20 HPI y/y, HPI m/m, CB Consumer Confidence, Richmond Manufacturing Index, FOMC Member Tarullo Speaks.

COMMODITY
COMMODITY
CS CHANA (APRIL) OVERVIEW:
TREND CONSOLIDATE
SUP1:2950
SUP2:2875
RESIST1:3090
RESIST2:3124
TRADING STRATEGY:BUY ON DIPS
CAPITALSTARS.COM +919200099927 +919977499927
CS COPPER (FEB.) OVERVIEW:
TREND CONSOLIDATE
SUP1:442
SUP2:440
RESIST1:450
RESIST2:453
TRADING STRATEGY: SELL ON RISE
CAPITALSTARS.COM +919200099927
CS JEERA (MARCH) OVERVIEW:
TREND CONSOLIDATE
SUP1:11450
SUP2:11275
RESIST1:11900
RESIST2:12170
TRADING STRATEGY: SELL ON RISE
CAPITALSTAR0S.COM +919200099927
CS CRUDE (FEB.) OVERVIEW:
TREND CONSOLIDATE
SUP1:6325
SUP2:6280
RESIST1:6477
RESIST2:6582
TRADING STRATEGY: BUY ON DIPS
CAPITALSTARS.COM +919200099927
CS TURMERIC (APRIL) OVERVIEW:
TREND CONSOLIDATE
SUP1:6770
SUP2:6610
RESIST1:7470
RESIST2:7530
TRADING STRATEGY: SELL ON RISE
CAPITALSTARS.COM +919200099927
CS GOLD (APRIL) OVERVIEW:
TREND CONSOLIDATE
SUP1:29750
SUP2:29630
RESIST1:30300
RESIST2:30520
TRADING STRATEGY: BUY ON DIPS
CAPITALSTARS.COM +919200099927
CS SOYABEAN (MARCH) OVERVIEW:
TREND CONSOLIDATE
SUP1:4000
SUP2:3965
RESIST1:4110
RESIST2:4218
TRADING STRATEGY: BUY ON DIPS
CAPITALSTARS.COM +919200099927
CS SILVER (MARCH) OVERVIEW:
TREND CONSOLIDATE
SUP1:46700
SUP2:45850
RESIST1:49240
RESIST2:50400
TRADING STRATEGY: BUY ON DIPS
CAPITALSTARS.COM +919200099927


Sunday 23 February 2014

INDIAN EQUITY MARKET OUTLOOK-24 FEB

http://www.capitalstars.com/freetrials.php
INDIAN BENCHMARK have negative start and may weaken further as the day progress given the negative vibes from the global equity markets. Investor attention on the F&O expiry which happens on Wednesday and on macro economic data including the fiscal deficit data.

FURTHER, United Bank of India, stricken by bad debt, may be bracing for worse as the state-owned lender is looking into the possibility of Rs8bn having been disbursed at one of its branches in New Delhi without making sure of collateral. NTPC will set up a 1,320 MW power project in Bihar entailing an investment of Rs92bn. In this regard, a Memorandum of Understanding was inked between NTPC, Bihar State Power Generation Company Ltd and Lakhisarai Bijlee Company Private Ltd.

Trend in FII flows: The FIIs were net buyers of Rs.603cr in the cash segment on Friday while the domestic institutional investors (DIIs) were net sellers of Rs. 381cr, as per the provisional figures released by the NSE.

Thursday 20 February 2014

DAILY COMMODITY MARKET STRATEGY-21 FEB

http://www.capitalstars.com/freetrials.php
BASE METAL WRAP: Copper futures fell to a one-week low after manufacturing shrank more than estimated in China and some Federal Reserve officials advocated further curbing of U.S. economic stimulus.

ENERGY WRAP: West Texas Intermediate crude headed for a sixth weekly gain as cold weather in the U.S. bolstered demand for heating fuels in the world’s biggest oil consumer. Brent in London is poised to advance for the week.

PRECIOUS METAL WRAP: Gold futures fell for the second straight day as concern that the Federal Reserve will press on with cuts in U.S. monetary stimulus damped demand for the metal as an alternative asset.

GLOBAL EVENTS TO WATCH: Retail Sales m/m, Core CPI m/m, Core Retail Sales m/m, Existing Home Sales.

COMMODITY
COMMODITY
CS CHANA (APRIL) OVERVIEW:
TREND CONSOLIDATE
SUP1:2950
SUP2:2875
RESIST1:3090
RESIST2:3124
TRADING STRATEGY: SELL ON RISE
CAPITALSTARS.COM +919200099927 +919977499927
CS COPPER (FEB.) OVERVIEW:
TREND CONSOLIDATE
SUP1:446
SUP2:443
RESIST1:452
RESIST2:454
TRADING STRATEGY: SELL ON RISE
CAPITALSTARS.COM +919200099927
CS JEERA (MARCH) OVERVIEW:
TREND CONSOLIDATE
SUP1:11450
SUP2:11275
RESIST1:11900
RESIST2:12170
TRADING STRATEGY: BUY ON DIPS
CAPITALSTAR0S.COM +919200099927
CS CRUDE (FEB.) OVERVIEW:
TREND CONSOLIDATE
SUP1:6330
SUP2:6280
RESIST1:6477
RESIST2:6582
TRADING STRATEGY: BUY ON DIPS
CAPITALSTARS.COM +919200099927
CS TURMERIC (APRIL) OVERVIEW:
TREND CONSOLIDATE
SUP1:7100
SUP2:6890
RESIST1:7470
RESIST2:7530
TRADING STRATEGY: BUY ON DIPS
CAPITALSTARS.COM +919200099927
CS GOLD (APRIL) OVERVIEW:
TREND CONSOLIDATE
SUP1:29630
SUP2:29320
RESIST1:30300
RESIST2:30520
TRADING STRATEGY: BUY ON DIPS
CAPITALSTARS.COM +919200099927
CS SOYABEAN (MARCH) OVERVIEW:
TREND CONSOLIDATE
SUP1:3965
SUP2:3908
RESIST1:4045
RESIST2:4140
TRADING STRATEGY: BUY ON DIPS
CAPITALSTARS.COM +919200099927
CS SILVER (MARCH) OVERVIEW:
TREND CONSOLIDATE
SUP1:46700
SUP2:45850
RESIST1:48100
RESIST2:49240
TRADING STRATEGY: BUY ON DIPS
CAPITALSTARS.COM +919200099927


INDIAN EQUITY MARKET OUTLOOK-21 FEB

http://www.capitalstars.com/freetrials.php
INDIAN BENCHMARK rebounded tracking their Asian peers and overnight gains on Wall Street with banks and IT majors lifting the Nifty above 6,100 levels in early trades. Power Finance Corp and Rural Electrification Corp have disbursed transitional loans worth Rs337bn to state-owned power distribution companies.

FURTHER, Jindal Steel and Power Ltd announced the launch of its new retail brand Jindal Panther TMT rebars, signifying the company’s foray into the retail product segment. Bharti Airtel will move the Supreme Court of Nigeria against a judgement, dated 14 February, of the Court of Appeal, Lagos that ruled in favour of Econet Wireless of Nigeria.

Trend in FII flows: The FIIs were net buyers of Rs.206cr in the cash segment on Thursday while the domestic institutional investors (DIIs) were net sellers of Rs. 600cr, as per the provisional figures released by the NSE.

Wednesday 19 February 2014

DAILY COMMODITY MARKET STRATEGY-20 FEB

http://www.capitalstars.com/freetrials.php
BASE METAL WRAP: Copper dropped by the most in a week, leading industrial metals lower, after a manufacturing gauge for China declined more than estimated, damping demand prospects in the world’s biggest user of metals.

ENERGY WRAP: West Texas Intermediate retreated from the highest price since October after a Chinese manufacturing index slid to a seven-month low, signaling demand may slow from the world’s second-biggest oil consumer. Natural gas futures dropped from a five-year high in New York amid speculation that the biggest gain in 20 months was excessive.

PRECIOUS METAL WRAP: Gold held losses after a two-day drop on expectations that the Federal Reserve will continue to taper stimulus in the U.S. and as holdings in the largest exchange-traded fund shrank by the most in two months.         

GLOBAL EVENTS TO WATCH: FOMC Meeting Minutes, PPI Input q/q, HSBC Flash Manufacturing PMI, French Flash Manufacturing PMI, French Flash Services PMI, German Flash Manufacturing PMI, German Flash Services PMI, Core CPI m/m, Unemployment Claims, CPI m/m, Flash Manufacturing PMI, Philly Fed Manufacturing Index, Mortgage Delinquencies, CB Leading Index m/m, Natural Gas Storage, Crude Oil Inventories.

COMMODITY
COMMODITY
CS COPPER (FEB.) OVERVIEW:
TREND CONSOLIDATE
SUP1:446
SUP2:443
RESIST1:452
RESIST2:454
TRADING STRATEGY: SELL ON RISE
CAPITALSTARS.COM +919200099927
CS CHANA (APRIL) OVERVIEW:
TREND CONSOLIDATE
SUP1:2950
SUP2:2875
RESIST1:3090
RESIST2:3124
TRADING STRATEGY: SELL ON RISE
CAPITALSTARS.COM +919200099927 +919977499927
CS CRUDE (FEB.) OVERVIEW:
TREND CONSOLIDATE
SUP1:6338
SUP2:6280
RESIST1:6477
RESIST2:6582
TRADING STRATEGY: BUY ON DIPS
CAPITALSTARS.COM +919200099927
CS JEERA (MARCH) OVERVIEW:
TREND CONSOLIDATE
SUP1:11450
SUP2:11275
RESIST1:11900
RESIST2:12170
TRADING STRATEGY: SELL ON RISE
CAPITALSTAR0S.COM +919200099927
CS GOLD (APRIL) OVERVIEW:
TREND CONSOLIDATE
SUP1:29520
SUP2:29320
RESIST1:30300
RESIST2:30520
TRADING STRATEGY: BUY ON DIPS
CAPITALSTARS.COM +919200099927
CS TURMERIC (APRIL) OVERVIEW:
TREND CONSOLIDATE
SUP1:7180
SUP2:6890
RESIST1:7470
RESIST2:7530
TRADING STRATEGY: BUY ON DIPS
CAPITALSTARS.COM +919200099927
CS SILVER (MARCH) OVERVIEW:
TREND CONSOLIDATE
SUP1:46700
SUP2:45740
RESIST1:48100
RESIST2:49240
TRADING STRATEGY: BUY ON DIPS
CAPITALSTARS.COM +919200099927
CS SOYABEAN (MARCH) OVERVIEW:
TREND CONSOLIDATE
SUP1:3965
SUP2:3908
RESIST1:4045
RESIST2:4140
TRADING STRATEGY: BUY ON DIPS
CAPITALSTARS.COM +919200099927


INDIAN EQUITY MARKET OUTLOOK-20 FEB

http://www.capitalstars.com/freetrials.php  

INDIAN BENCHMARK opened lower as most Asian markets slipped due to disappointing provisional Chinese PMI data. Apollo Hospitals Ltd has lined up an investment of Rs20bn in the next 2-3 years for adding 2000 new beds.

FURTHER, Reliance Industries is in talks with four or five export credit agencies (ECA) to raise over $1 bn (Rs 6,220 crore) in the next four month. NTPC laid the foundation stone for a 1,600-MW power plant in Madhya Pradesh, plans to set up two more projects in the state.

Trend in FII flows: The FIIs were net buyers of Rs.468cr in the cash segment on Wednesday while the domestic institutional investors (DIIs) were net sellers of Rs. 338cr, as per the provisional figures released by the NSE.

Tuesday 18 February 2014

DAILY COMODITY MARKET STRATEGY-19 FEB

http://www.capitalstars.com/freetrials.php
BASE METAL WRAP: Copper futures rose to a three-week high, amid speculation demand from top consumer China will increase after data pointed to an improvement in Chinese credit growth.

ENERGY WRAP: West Texas Intermediate crude surged above $102, the highest level in four months, on speculation that inventories in Cushing, Oklahoma, decreased last week and as cold weather in the U.S. boosted fuel demand. Natural gas futures jumped to a three-week high in New York as storms and cold weather boosted heating demand, cutting stockpiles to the lowest in 10 years.

PRECIOUS METAL WRAP: Gold extended a decline from the highest level in more than three months amid expectations that Federal Reserve minutes will show policy makers backing further stimulus cuts. Silver snapped the longest rally in four decades.

GLOBAL EVENTS TO WATCH: Claimant Count Change, MPC Asset Purchase Facility Votes, MPC Official Bank Rate Votes, Unemployment Rate, German 10-y Bond Auction, Wholesale Sales m/m, Building Permits, PPI m/m, Core PPI m/m, Housing Starts.

COMMODITY
COMMODITY
CS COPPER (FEB.) OVERVIEW:
TREND CONSOLIDATE
SUP1:448
SUP2:446
RESIST1:452
RESIST2:454
TRADING STRATEGY: BUY ON DIPS
CAPITALSTARS.COM +919200099927
CS CHANA (APRIL) OVERVIEW:
TREND CONSOLIDATE
SUP1:2990
SUP2:2950
RESIST1:3090
RESIST2:3124
TRADING STRATEGY: BUY ON DIPS
CAPITALSTARS.COM +919200099927 +919977499927
CS CRUDE (FEB.) OVERVIEW:
TREND CONSOLIDATE
SUP1:6280
SUP2:6160
RESIST1:6477
RESIST2:6582
TRADING STRATEGY: BUY ON DIPS
CAPITALSTARS.COM +919200099927
CS JEERA (MARCH) OVERVIEW:
TREND CONSOLIDATE
SUP1:11480
SUP2:11275
RESIST1:11700
RESIST2:12170
TRADING STRATEGY: SELL ON RISE
CAPITALSTAR0S.COM +919200099927
CS GOLD (APRIL) OVERVIEW:
TREND CONSOLIDATE
SUP1:30000
SUP2:29520
RESIST1:30520
RESIST2:30680
TRADING STRATEGY: BUY ON DIPS
CAPITALSTARS.COM +919200099927
CS TURMERIC (APRIL) OVERVIEW:
TREND BULLISH
SUP1:7100
SUP2:6966
RESIST1:7470
RESIST2:7530
TRADING STRATEGY: BUY ON DIPS
CAPITALSTARS.COM +919200099927
CS SILVER (MARCH) OVERVIEW:
TREND CONSOLIDATE
SUP1:47280
SUP2:46700
RESIST1:49240
RESIST2:50400
TRADING STRATEGY: BUY ON DIPS
CAPITALSTARS.COM +919200099927
CS SOYABEAN (MARCH) OVERVIEW:
TREND CONSOLIDATE
SUP1:3908
SUP2:3875
RESIST1:4020
RESIST2:4045
TRADING STRATEGY: BUY ON DIPS
CAPITALSTARS.COM +919200099927