Sunday 2 March 2014

DAILY COMMODITY MARKET STRATEGY-03 MARCH

http://www.capitalstars.com/freetrials.php
BASE METAL WRAP: Copper slipped to the lowest price in almost three months as industrial metals declined after reports showed manufacturing slowed in China, the world’s biggest user.

ENERGY WRAP: Natural gas rose for a second day amid speculation that a winter storm moving from the U.S. Midwest to Northeast will boost heating demand and as Russia’s incursion into Ukraine escalated geopolitical tension. Crude oil prices gained in Asian trade as tension between Russia and the West over the Ukraine lifted risk assets broadly.

PRECIOUS METAL WRAP: Gold rose as tension in Ukraine exacerbated by Russia’s seizure of Crimea boosted demand for a haven, with assets in bullion-backed exchange-traded products posting the first monthly increase since December 2012.

GLOBAL EVENTS TO WATCH: HSBC Final Manufacturing PMI, Manufacturing PMI, Core PCE Price Index m/m, Personal Spending m/m, Personal Income m/m, ECB President Draghi Speaks, Final Manufacturing PMI, ISM Manufacturing PMI, Construction Spending m/m, ISM Manufacturing Prices, Total Vehicle Sales.

COMMODITY
AGRI COMMODITY
CS COPPER (APRIL) OVERVIEW:
TREND CONSOLIDATE
SUP1:436
SUP2:435
RESIST1:441
RESIST2:443
TRADING STRATEGY: SELL ON RISE
CAPITALSTARS.COM +919200099927
CS CHANA (APRIL) OVERVIEW:
TREND BULLISH
SUP1:3121
SUP2:3100
RESIST1:3240
RESIST2:3280
TRADING STRATEGY:BUY ON DIPS
CAPITALSTARS.COM +919200099927 +919977499927
CS CRUDE (FEB.) OVERVIEW:
TREND CONSOLIDATE
SUP1:6380
SUP2:6275
RESIST1:6477
RESIST2:6582
TRADING STRATEGY: BUY ON DIPS
CAPITALSTARS.COM +919200099927
CS JEERA (MARCH) OVERVIEW:
TREND CONSOLIDATE
SUP1:11275
SUP2:11100
RESIST1:11900
RESIST2:12170
TRADING STRATEGY: SELL ON RISE
CAPITALSTAR0S.COM +919200099927
CS GOLD (APRIL) OVERVIEW:
TREND CONSOLIDATE
SUP1:30090
SUP2:29880
RESIST1:30680
RESIST2:30950
TRADING STRATEGY: BUY ON DIPS
CAPITALSTARS.COM +919200099927
CS TURMERIC (APRIL) OVERVIEW:
TREND CONSOLIDATE
SUP1:6770
SUP2:6610
RESIST1:7200
RESIST2:7370
TRADING STRATEGY: BUY ON DIPS
CAPITALSTARS.COM +919200099927
CS SILVER (MARCH) OVERVIEW:
TREND CONSOLIDATE
SUP1:47100
SUP2:46600
RESIST1:48300
RESIST2:49200
TRADING STRATEGY: SELL ON RISE
CAPITALSTARS.COM +919200099927
CS SOYABEAN (MARCH) OVERVIEW:
TREND BULLISH
SUP1:4150
SUP2:4110
RESIST1:4280
RESIST2:4320
TRADING STRATEGY: BUY ON DIPS
CAPITALSTARS.COM +919200099927


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