+91731-6690000
Showing posts with label Financial Advisory Company in Indore. Show all posts
Showing posts with label Financial Advisory Company in Indore. Show all posts

Saturday, 18 August 2018

NCDEX Oct Soybean edged higher on Thursday mainly on fresh buying initiated by the market participants on good meal exports. The government has increased the export incentives on soymeal to 10% of the free - on - board value from the current 7% till Mar 31. According to the latest report by the Soybean Processors' Association of India, India's soymeal exports rose 12% on year to 102,000 in July. Soymeal exports in August are expected to double on year to over 100,000 to due to robust demand from European countries. There was strong demand from Bangladesh, France, and Israel boosting export of the oilmeal. The area under soybean in the country increased by 9 % at 11.1 lakh ha as of last week compared to last year sowing, according to data released by the farm ministry.
Outlook
Soybean futures are expected to trade sideways to higher due to higher crushing demand due to increase the incentives for soy meal exports. However, the expectation of good area this season due to the forecast of normal rains is keeping the prices

Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance. CapitalStars Investment Adviser: SEBI Registration Number: INA000001647.

Wednesday, 15 August 2018


BULLION:-
Gold prices on Thursday hit their lowest in more than 19 months, with the US dollar holding steady near a recent peak as concerns about a Turkey crisis and China’s economic health weighed on emerging market currencies. The United States on Wednesday ruled out removing steel tariffs that have contributed to a currency crisis in Turkey even if Ankara frees a U.S. pastor, as Qatar pledged $15 billion in investment to Turkey, supporting a rise in the Turkish lira. The United States on Wednesday imposed sanctions on a Russian port service agency and Chinese firms for aiding North Korean ships and selling alcohol and tobacco to Pyongyang in breach of U.S. sanctions aimed at pressuring North Korea to end its nuclear programs. Some emerging market countries pared their holdings of U.S. Treasuries in June, data from the U.S. Treasury department showed on Wednesday, in what analysts viewed as a move to support their currencies as the Federal Reserve started raising interest rates this year. U.S. retail sales rose more than expected in July as households boosted purchases of motor vehicles and clothing, suggesting the economy remained strong early in the third quarter. China’s state planner pledged on Wednesday to keep debt levels under control even as Beijing rolls out fresh stimulus to support the stumbling economy as a trade war with the U.S. deepens.

METALS:-
Copper prices fell to a fresh 13-month low after data showed fixed-asset investment in China slowed to a nearly two-decade low in the first seven months of the year. A strike had been averted at the world's largest copper mine put a cap on hopes of recovery for the bellwether metal. Reuters reported that management at Chile’s Escondida, said it struck a deal on Wednesday on a new labor contract with the union representing most of its workers. Large rises in zinc stocks stored in LME-approved warehouses have created $16 a tonne discount between the cash and threemonth contracts from a premium of about $60 a tonne at the end of July. LME stocks, at 256,175 tonnes, have jumped more than 10 percent since last week. China’s primary aluminium production climbed 12 percent in July from the same period a year ago, equalling its monthly record, as new smelters took output back towards levels before capacity closures in mid-2017. According to Japan's Ministry of Finance, Japan's Merchandise Trade Balance contracted by much more than expected, sinking to ¥-231.2 billion compared to the expected ¥-41.2 billion. The prior trade balance was ¥720.8 billion. The adjusted trade balance also missed and printed in contraction, coming in at ¥-45.6 billion versus the expected ¥20.7 billion surplus. Exports sank to 3.9% y/y compared to the forecast 6.3%; previous was 6.7%. Imports surged to 14.6% y/y, last was 2.6%. Exports to the US declined in July by 5.2% y/y, while exports to China lifted 11.9% y/y.

ENERGY:-

Oil prices plunged after government data showed a big, unexpected jump in stockpiles of U.S. crude, compounding pressure as the outlook for global economic growth darkened and the stock market slumped. After the American Petroleum Institute surprised markets by reporting a build of 3.66 million barrels for the week ending August 10, the Energy Information Administration confirmed a build, but reported that it had been significantly bigger at 6.8 million barrels. The EIA reported that at 414.2 million barrels, U.S. crude oil inventories are a bit above the five-year average for the season. In gasoline, inventories were down by 700,000 barrels last week, compared with a build of 2.9 million barrels a week earlier but slightly above the seasonal average. Gasoline production averaged 10.2 million bpd, from 9.9 million bpd the week before last. Distillate inventories added 3.6 million barrels last week, after a build of 1.2 million barrels in the prior week, with production averaging 5.3 million bpd, up by 100,000 bpd on the previous week. Meanwhile, the market is worrying about supply from Venezuela and preparing for the last round of U.S. sanctions against Iran, which will target its oil industry specifically. Some oil bulls are preparing for oil prices of US$150 and even US$200, Reuters reported yesterday, citing prominent hedge fund manager Pierre Andurand and Jean-Louis Mee, chief executive of Westbeck Capital.


Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance. CapitalStars Investment Adviser: SEBI Registration Number: INA000001647.

Monday, 13 August 2018


Gold below $1,200 as Turkey tremors boost dollar. 

GOLD broke through the 1,200 mark yesterday for the first time since March 2017 as it continued to be pressured by the dollar’s steady rise on safe haven flows. In the latest data from CFTC as at August 7, short positions built up by speculative traders were at their highest since data began in 2006, according to data compiled by Bloomberg. Overall however, net positioning is still long by 12,688 contracts, which is still the least since December 2015. Many commodities are falling victim to the dollar’s strength as risk-aversion trades gain popularity.

COPPER markets continue to be plagued by the threat of strike action at some of the world’s largest mines.

 Copper markets continue to be plagued by the threat of strike action at some of the world’s largest mines. BHP is waiting to hear the response to its sweetened offer to workers at its Escondido mine in hopes of averting a strike, while strikers at the Caserones mine are set to go on strike on August 14 if mediation fails. Despite these potential supply disruptions, copper is struggling to gain any kind of foothold with a one-day spike higher on August 9 beaten back the following day. The base metal is facing its third straight down day and is now at 2.7102. The July 19 low of 2.6501 could be the next support level.

We expect nickel prices to continue their weak performance today. 

LME nickel lost all the gains it made last week and closed at $13,535/mt on Monday. The SHFE 1811 contract overnight plummeted past the 20-day moving average to 111,330 yuan/mt after its initial, mild gains. It then recovered some losses and closed at 112,030 yuan/mt. We expect nickel prices to continue their weak performance today. LME nickel is likely to hover around $13,600/mt and the SHFE 1811 contract is likely to trade at 112,000-113,800 yuan/mt. Spot prices are seen at 112,000-114,000 yuan/mt..

Oil dips as trade tensions drag; Iran sanctions provide some support.

 Oil prices are on the defensive with WTI sliding to a seven-week low overnight as markets consider the broader impact of the meltdown in the Turkish currency and economy. Additional pressure has come from the dollar’s bid bias as a safe haven stronghold, while a weekend IEA oil market report predicted that global demand for oil would slacken for the rest of this year before reviving next year. The combined downward pressure was strong enough to overcome reports that Saudi Arabia’s production has been scaled back in July even as Iran sanctions kick in..


Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance. CapitalStars Investment Adviser: SEBI Registration Number: INA000001647.

Nothing bullish happening for Gold Right Now.

In other words, when it comes to a segment as volatile and sentiment-dependent as the precious metals, we are in the kill zone. That can be read a couple of different ways. First, the inflationist gold bugs are getting exterminated as the US dollar first rose and since have stubbornly refused to take a pullback. But the time to buy the gold sector is pretty reliably when the bugs are dead or at least hiding deep in the woodwork; so deep that you’d not even know they are still there. Just as you should have caution when gold bugs are trumpeting loudly, you should be brave when they are in full retreat… or worse, dead. So the ‘Kill Zone’ can also be viewed as an opportunity, like when a target is “in the kill zone”; and from the perspective of the following charts and graphics, the sector is in that zone now.

Copper failed to climb above the $6,200/mt level and fell to near $6,150/mt on Friday in LME.

LME copper failed to climb above the $6,200/mt level and fell to near $6,150/mt on Friday while the SHFE 1810 contract hovered at 49,600-49,850 yuan/mt. Open interest for SHFE copper rebounded above 600,000 lots. We expect LME copper to trade at $6,120-6,170/mt today with the SHFE 1810 contract at 49,350-49,800 yuan/mt. Spot premiums are seen at 20-60 yuan/mt.

As the dollar strengthened nickel fell down. 

As the dollar strengthened, LME nickel on Friday tumbled past the 20-day moving average to $13,625/mt before it recovered some losses and closed at $13,805/mt. The SHFE 1811 contract on Friday night opened lower, hovered at just above its daily moving average and closed at 113,210 yuan/mt. We expect LME nickel to hover around $13,800/mt today and the SHFE 1811 contract to trade at 112,500-113,500 yuan/mt. Spot prices are seen at 111,800-114,000 yuan/mt.

Oil dips as trade tensions drag; Iran sanctions provide some support.

Oil prices dipped on Tuesday as rising trade tensions dented the outlook for fuel demand growth especially in Asia, although U.S. sanctions against Iran still pointed towards tighter supply. Signs of slowing economic growth and lower fuel demand increases, especially in Asia's large emerging markets are weighing on the oil markets. growth from Asia in general is being called into question. This due to the negative impact of trade wars, a stronger dollar and rising funding costs," Ole Hansen, head of the commodity strategy at Denmark's Saxo Bank, said in a note late last week. the gloomy outlook for trade and the potential slowdown in economic growth, oil markets are expected to remain relatively tight, particularly as U.S. sanctions on Iran have started. U.S. energy companies last week added the most oil rigs since May, adding 10 rigs to bring the total count to 869, according to the Baker Hughes energy services firm.


Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance. CapitalStars Investment Adviser: SEBI Registration Number: INA000001647.
 

Sunday, 12 August 2018


BULLION:-

Gold prices held broadly steady early on Friday after dipping the session before, drawing some support from global political tensions and a slightly weaker dollar against the yen. Japan’s economy expanded at an annualized rate of 1.9 percent in April-June, bouncing back from a contraction in the previous quarter, government data showed on Friday, in a sign its recovery momentum remained intact. Asian stock markets fell on Friday amid heightened global trade tensions, while currency markets were whipsawed by a searing selloff in Russia’s rouble after the United States slapped on new sanctions, and as economic worries sent the Turkish lira tumbling. Russia condemned a new round of U.S. sanctions as illegal on Thursday and said it had begun working on retaliatory measures after news of the curbs pushed the rouble to two-year lows over fears Moscow was locked in a spiral of never-ending sanctions. Turkey’s lira tumbled to another record low against the dollar on Thursday after a Turkish delegation returned from meeting U.S. officials in Washington with no apparent solution to a diplomatic rift that has opened up between them. North Korea on Thursday denounced U.S. calls for enforcing international sanctions despite its goodwill moves and said progress on denuclearization promises could not be expected if Washington followed an “outdated acting script”. The number of Americans filing for unemployment benefits unexpectedly fell last week, suggesting that a strong economy was helping the labour market weather ongoing trade tensions between the United States and a host of other countries.

BASE METALS:-

Copper prices moved higher in Shanghai and London in early Asian trade on Friday and were set to end the week in positive territory as the prospect of strikes at copper mines in Chile, including Escondida, the world’s largest, drew nearer. Three-month copper on the London Metal Exchange nudged up 0.2 percent to $6,212.50 a tonne, as of 0116 GMT, extending a 0.8 percent gain in the previous session. The main union at Chile’s Caserones copper mine said on Wednesday that a last round of labor negotiations with mine operator Lumina Copper had broken down and that a strike was imminent. Three-month aluminum on the LME was up 1 percent at $2,089 a tonne, after ending down 1.3 percent in the previous session on profit-taking. ShFE aluminum was down 0.6 percent at 14,665 yuan a tonne. On-warrant stocks of aluminum available to the market in LME-registered warehouses have fallen to 832,775 tonnes, the lowest since 2007, supporting prices.

ENERGY:-

Crude oil futures were largely stable during mid-morning trade in Asia Friday as expectations of rising supply balanced global trade tensions, keeping prices largely unchanged after a mid-week decline. Prices retreated Wednesday after the release of data showing a smaller-than expected fall in US crude inventories and a build in US product inventories, but rising trade tensions between US and China and increasing output by OPEC producer Iraq was keeping prices in a tight range Friday. In response to the latest round of US tariffs on Chinese imports, China Wednesday announced it would impose a 25% tariff on $16 billion worth of US goods from August 23. This is expected to include US gasoline and diesel. In Iraq, crude oil production hit a 13-month high in July at 4.46 million b/d, the country's State Oil Marketing Organization said Thursday. Iraq has consistently reported production above 4.36 million b/d since last September. The totals include output from the semi-autonomous Kurdistan Regional Government. Iraq said it exported 3.875 million b/d in July, up 25,000 b/d from June, and the highest level since January 2017. Iraq reported its highest crude oil production in 13 months in July to 4.46 million b/d, underpinning market-watchers' anticipation over potentially stronger supplies into H2 2018.



Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance. CapitalStars Investment Adviser: SEBI Registration Number: INA000001647.

Thursday, 9 August 2018


BULLION :-

Gold prices held broadly steady early on Friday after dipping the session before, drawing some support from global political tensions and a slightly weaker dollar against the yen. Japan’s economy expanded at an annualized rate of 1.9 percent in April-June, bouncing back from a contraction in the previous quarter, government data showed on Friday, in a sign its recovery momentum remained intact. Asian stock markets fell on Friday amid heightened global trade tensions, while currency markets were whipsawed by a searing selloff in Russia’s ruble after the United States slapped on new sanctions, and as economic worries sent the Turkish lira tumbling. Russia condemned a new round of U.S. sanctions as illegal on Thursday and said it had begun working on retaliatory measures after news of the curbs pushed the ruble to two-year lows over fears Moscow was locked in a spiral of never-ending sanctions. Turkey’s lira tumbled to another record low against the dollar on Thursday after a Turkish delegation returned from meeting U.S. officials in Washington with no apparent solution to a diplomatic rift that has opened up between them. North Korea on Thursday denounced U.S. calls for enforcing international sanctions despite its goodwill moves and said progress on denuclearization promises could not be expected if Washington followed an “outdated acting script”. The number of Americans filing for unemployment benefits unexpectedly fell last week, suggesting that a strong economy was helping the labor market weather ongoing trade tensions between the United States and a host of other countries.

ENERGY :-

Crude oil futures were largely stable during mid-morning trade in Asia Friday as expectations of rising supply balanced global trade tensions, keeping prices largely unchanged after a mid-week decline. Prices retreated Wednesday after the release of data showing a smaller-than expected fall in US crude inventories and a build in US product inventories, but rising trade tensions between US and China and increasing output by OPEC producer Iraq was keeping prices in a tight range Friday. In response to the latest round of US tariffs on Chinese imports, China Wednesday announced it would impose a 25% tariff on $16 billion worth of US goods from August 23. This is expected to include US gasoline and diesel. In Iraq, crude oil production hit a 13-month high in July at 4.46 million b/d, the country's State Oil Marketing Organization said Thursday. Iraq has consistently reported production above 4.36 million b/d since last September. The totals include output from the semi-autonomous Kurdistan Regional Government. Iraq said it exported 3.875 million b/d in July, up 25,000 b/d from June, and the highest level since January 2017. Iraq reported its highest crude oil production in 13 months in July to 4.46 million b/d, underpinning market-watchers' anticipation over potentially stronger supplies into H2 2018.

METALS :-

Copper prices moved higher in Shanghai and London in early Asian trade on Friday and were set to end the week in positive territory as the prospect of strikes at copper mines in Chile, including Escondida, the world’s largest, drew nearer. Three-month copper on the London Metal Exchange nudged up 0.2 percent to $6,212.50 a tonne, as of 0116 GMT, extending a 0.8 percent gain in the previous session. The main union at Chile’s Caserones copper mine said on Wednesday that a last round of labor negotiations with mine operator Lumina Copper had broken down and that a strike was imminent. Three-month aluminum on the LME was up 1 percent at $2,089 a tonne, after ending down 1.3 percent in the previous session on profit-taking. ShFE aluminum was down 0.6 percent at 14,665 yuan a tonne. On-warrant stocks of aluminum available to the market in LME-registered warehouses have fallen to 832,775 tonnes, the lowest since 2007, supporting prices.


Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance. CapitalStars Investment Adviser: SEBI Registration Number: INA000001647.

Precious Metals

CS GOLD (OCT) OVERVIEW: TREND : SIDEWAYS RESIST
 2: 29760 RESIST
1: 29690 SUP
1: 29530 SUP
2: 29430
CS SILVER (SEP) OVERVIEW: TREND : SIDEWAYS RESIST
 2: 38240 RESIST
1: 38100 SUP
 1: 37790 SUP
2: 37600

Base Metals 
CS COPPER (AUG) OVERVIEW: TREND : SIDEWAYS RESIST 
2: 424.00 RESIST
1: 421.00 SUP
 1: 416.00 SUP
 2: 413.00
 CS NICKEL (AUG) OVERVIEW: TREND : BULLISH RESIST
 2: 969.00 RESIST
1: 964.00 SUP
1: 953.00 SUP
 2: 947.00
 CS ZINC (AUG) OVERVIEW: TREND : BEARISH RESIST
 2: 183.00 RESIST
1: 182.00 SUP
1: 180.00 SUP
2: 179.00
CS LEAD (AUG) OVERVIEW: TREND : SIDEWAYS RESIST
 2: 148.50 RESIST
 1: 147.50 SUP
1: 145.50 SUP
2: 144.50
CS ALUMINIUM (AUG) OVERVIEW: TREND : BULLISH RESIST 
2: 142.00 RESIST
1: 140.50 SUP
1: 138.50 SUP
 2: 137.50
Energies 
CS CRUDE OIL (AUG) OVERVIEW: TREND : BEARISH RESIST 
2: 4650 RESIST
1: 4630 SUP
1: 4520 SUP 2: 4470
CS NATURAL GAS (AUG) OVERVIEW: TREND : BULLISH RESIST
 2: 205.50 RESIST
1: 204.00 SUP
1: 199.50 SUP
 2: 197.00

MCX NICKEL AUG on Thursday as seen in the Daily chart opened at 952 levels and made day high of 962.50 levels. During this period crude came down to 951.60 levels and finally closed at 960.30 levels. Now, there are chances of up movement technically & fundamentally.

 On weakened US dollar, LME nickel climbed up gradually with support at the daily moving average.
 It increased 1.2% from Tuesday to close at $14,040/mt with inventory down 918 mt to 250,548 mt.
DAILY RECOMMENDATION: BUY MCX NICKEL AUG ABOVE 962 LEVELS FOR TARGET OF 972/980 WITH SL 949 OF LEVELS.


Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance. CapitalStars Investment Adviser: SEBI Registration Number: INA000001647.

Tuesday, 7 August 2018


Precious Metals

CS GOLD (OCT) OVERVIEW: TREND : SIDEWAYS RESIST

 2: 29730 RESIST
1: 29680 SUP
1: 29590 SUP
2: 29550

CS SILVER (SEP) OVERVIEW: TREND : SIDEWAYS RESIST

2: 38200 RESIST
 1: 38050 SUP
1: 37800 SUP
 2: 37700

Base Metals

CS COPPER (AUG) OVERVIEW: TREND : SIDEWAYS RESIST

 2: 421.00 RESIST
1: 418.00 SUP
 1: 413.00 SUP
2: 410.00

 CS NICKEL (AUG) OVERVIEW: TREND : BEARISH RESIST 

2: 963.00 RESIST
 1: 952.00 SUP
1: 922.00 SUP
2: 903.00

CS ZINC (AUG) OVERVIEW: TREND : BEARISH RESIST 
2: 182.00 RESIST
1: 180.50 SUP
1: 177.00 SUP
2: 175.50
CS LEAD (AUG) OVERVIEW: TREND : SIDEWAYS RESIST
 2: 148.00 RESIST
1: 146.50 SUP
1: 143.50 SUP
 2: 142.00
CS ALUMINIUM (AUG) OVERVIEW: TREND : BEARISH RESIST 
2: 141.50 RESIST
1: 140.50 SUP
1: 138.50 SUP
2: 137.50

Energies

CS CRUDE OIL (AUG) OVERVIEW: TREND : BEARISH RESIST
 2: 4860 RESIST
1: 4820 SUP
1: 4720 SUP
2: 4670

CS NATURAL GAS (AUG) OVERVIEW: TREND : BULLISH RESIST
 2: 198.50 RESIST
 1: 197.50 SUP
1: 195.00 SUP
2: 193.50

MCX CRUDE AUG on Monday as seen in the Daily chart opened at 4717 levels and made day high of 4812 levels. During this period crude came down to 4713 levels and finally closed at 4767 levels. Now, there are chances of further upside movement technically & fundamentally.

  •   Oil rises ahead of renewed U.S. sanctions against Iran.
  •   Much of the northern hemisphere has been gripped by extreme heat this summer, pushing up demand for industrial and residential cooling.

DAILY RECOMMENDATION: BUY MCX CRUDE AUG ABOVE 4770 LEVELS FOR TARGET OF 4800/4820 WITH SL 4720 OF LEVELS.



Gold gains slightly as lower price levels induce buying.

The U.S. Federal Reserve is widely expected to raise benchmark lending rates, for the third time this year, at its next policy meet in September. Higher U.S. rates tend to boost the dollar, making greenback-denominated gold more expensive for holders of other currencies. Global markets on Tuesday remained focused on developments on the trade war front while oil investors braced for impact from the first set of U.S. sanctions on Iran, set to take effect at 0401 GMT. Spot gold is poised to break a support at $1,206 per ounce, and fall towards the next support at $1,194, according to Reuters technical’s analyst Wang Tao.

Copper down with escalating US-China trade wars.

Copper fell to a low of $6,064/mt and closed at $6,105/mt in LME on Monday. The SHFE 1809 contract opened lower but recovered some losses later, closing at 49,330 yuan/mt. Shorts are likely to drag LME copper down to the $6,000/mt level with escalating US-China trade wars. We expect LME copper to trade at $6,070-6,130/mt today with the SHFE 1809 contract at 49,000-49,500 yuan/mt. Spot premiums are likely to sustain at 70-100 yuan/mt today.

Nickel fell down as low in demand and recovery in production.

 LME nickel reversed early losses, hitting a high of $13,725/mt and closing at $13,700/mt last night. The SHFE 1809 contract jumped past the 40-day moving average to a high of 112,780 yuan/mt and closed at 112,480 yuan/mt overnight. The shrinking LME and SHFE inventory gave some support to nickel prices. We expect LME nickel to hover around $13,600/mt today with the SHFE 1809 contract at 110,000-112,000 yuan/mt. Spot prices are seen at 111,000-113,000 yuan/mt..

Oil rises ahead of renewed U.S. sanctions against Iran. 

Oil prices rose on Tuesday ahead of the introduction of U.S. sanctions against major crude exporter Iran. U.S. sanctions against Iran, which shipped out almost 3 million barrels per day (bpd) of crude in July, are set to begin at 12:01 a.m. U.S. Eastern time (0401 GMT) on Tuesday. Many countries, including U.S. allies in Europe as well as China and India, oppose the introduction of new sanctions, but the U.S. government said it wants as many countries as possible to stop buying Iranian oil. The main oil market price drivers of recent months have been output levels by top producers Russia, Saudi Arabia, and the United States, renewed Iran sanctions, the U.S.-China trade dispute, and unplanned supply disruptions. Some analysts warned that a global heat wave could also now affect oil demand. Much of the northern hemisphere has been gripped by extreme heat this summer, pushing up demand for industrial and residential cooling.

Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance. CapitalStars Investment Adviser: SEBI Registration Number: INA000001647.

Monday, 6 August 2018



Precious Metals

CS GOLD (OCT) OVERVIEW: TREND : BULLISH RESIST 
2: 29900 RESIST
1: 29800 SUP
1: 29600 SUP
2: 29500

 CS SILVER (SEP) OVERVIEW: TREND : SIDEWAYS RESIST 
2: 38400 RESIST
 1: 38200 SUP
1: 37850 SUP
2: 37650 

Base Metals


  • CS COPPER (AUG) OVERVIEW: TREND : SIDEWAYS RESIST

 2: 425.50 RESIST
 1: 421.50 SUP
1: 416.00 SUP
 2: 412.50


  • CS NICKEL (AUG) OVERVIEW:  TREND : BEARISH RESIST

 2: 938.50 RESIST
1: 929.50 SUP
1: 910.00 SUP
 2: 900.00


  • CS ZINC (AUG) OVERVIEW: TREND : SIDEWAYS RESIST 

2: 185.50 RESIST
 1: 184.00 SUP
 1: 177.00 SUP
2: 175.50

  •  CS LEAD (AUG) OVERVIEW: TREND : BEARISH RESIST

 2: 149.50 RESIST
 1: 148.00 SUP
1: 144.50 SUP
2: 143.00


  • CS ALUMINIUM (AUG) OVERVIEW: TREND : BEARISH RESIST 

2: 141.50 RESIST
1: 140.50 SUP
1: 138.50 SUP
2: 137.50

Energies


  • CS CRUDE OIL (AUG) OVERVIEW: TREND : BEARISH RESIST 

2: 4750 RESIST
1: 4690 SUP
1: 4620 SUP
2: 4580

  •  CS NATURAL GAS (AUG) OVERVIEW: TREND : BULLISH RESIST

 2: 200.00 RESIST
1: 197.50 SUP
1: 193.00 SUP
2: 191.00

Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.
CapitalStars Investment Adviser: SEBI Registration Number: INA000001647.


Wednesday, 1 August 2018

Capitalstars Video Gallery, Equity Tips Free Trading Tips, Financial Advisory Company in Indore, ‪intraday stock tips, mcx tips, sebi registered advisory company, Stock Advisory Company in Indore,
Gold prices rose on Tuesday, reversing early losses as the Chinese yuan strengthened against the dollar after a report said the United States and China were trying to restart negotiations to defuse a trade war.
In early trade, a stronger dollar and rising U.S. interest rates had sent bullion falling to its lowest in a week and a half.
Spot gold rose 0.3 percent to $1,224.48 per ounce by 1:43 p.m. EDT (1743 GMT), rebounding after touching its lowest since July 19. The precious metal is heading for a 2 percent monthly decline.
U.S. gold futures for August delivery settled up $2.40, or 0.2 percent, at $1,223.70 per ounce.
The Chinese yuan had been weakening against the dollar, pressuring greenback-denominated gold. That pressure abated, providing gold some support, McKay added.
The dollar was slightly higher versus a currency basket, following a three-month streak of gains, with the U.S. Federal Reserve set to reaffirm the outlook for further gradual rate rises at the end of its two-day monetary policy meeting on Wednesday.
Higher U.S. interest rates tend to boost the dollar, making dollar-priced gold more expensive for holders of other currencies.
Meanwhile, silver gained 0.3 percent at $15.53 an ounce, poised to end the month down more than 3 percent.
Platinum rose 2.1 percent to $841.10 per ounce, headed for a monthly decline of less than 1 percent. Palladium increased 0.7 percent at $935.30, set to end July down about 2 percent.


Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.
CapitalStars Investment Adviser: SEBI Registration Number: INA000001647.

Tuesday, 31 July 2018

Commodities-Market-1

Gold prices mixed ahead of central bank decisions. 
Gold prices traded sideways in a narrow range on Tuesday, with investors in a wait-and-see mode ahead of the outcome of central bank monetary policy meetings. Investors are awaiting a Bank of Japan monetary policy decision on Tuesday. The bank is expected to trim its inflation forecasts and consider changes to its massive stimulus program, reflecting a growing recognition it will take longer than expected to meet its elusive price goal The U.S. central bank has raised benchmark lending rates twice this year and signalled two more increases by the year's end. Higher U.S. rates tend to boost the dollar, making greenback-denominated gold more expensive for holders of other currencies.

Copper rose in LME as strike in Chile and weaker dollar.
LME copper rose and closed at $6,245/mt on Monday due to the strike in Chile and a weaker US dollar. Market participants should monitor shorts today after China’s official manufacturing purchasing managers’ index (PMI) slipped for July. We expect LME copper to trade at $6,200-6,250/mt today.

Nickel fell down in LME as supply increase. 
Nickel prices gained low inventories across LME and domestic warehouses, tight supply of nickel pig iron. Profit growth for China’s industrial firms eased in June from the previous month, data showed, as factory production slowed amid the worsening trade U.S. dispute and Beijing’s efforts to cut pollution and debt. Nickel stocks in Shanghai bonded warehouses fell further over the week to 57,500 mt, data showed. This is down 1.7% on the week as active transactions saw Norilsk materials flow into the domestic market when import window was open.

Oil prices drop on oversupply concerns as OPEC output increased in July.
Oil prices fell on Tuesday, with Brent futures set for their biggest monthly loss in two years, on oversupply concerns after a report showed OPEC's output in July rose to its highest for 2018. A Reuters survey showed the Organization of the Petroleum Exporting Countries (OPEC) increased production in July, hiked production by 70,000 barrels per day (bpd) to 32.64 million bpd, the most this year. The group has pledged to reduce the amount of oil output they are curtailing to offset the loss of Iranian supply as looming sanctions have already started to cut exports from OPEC's third-largest producer. U.S. President Donald Trump appeared to soften his approach to Iran, saying on Monday he would meet with President Hassan Rouhani without any preconditions. United States has indicated that it wants Iranian exports cut to zero under the sanctions it pledged to reintroduce in May and that would go fully into effect in November.


CS GOLD (OCT) OVERVIEW:
TREND : SIDEWAYS 
RESIST 2: 30000 
RESIST 1: 29900 
SUP 1: 29800 
SUP 2: 29700
CS SILVER (SEP) OVERVIEW:
TREND : BEARISH 
RESIST 2: 38550 
RESIST 1: 38400 
SUP 1: 38200 
SUP 2: 38050
CS COPPER (AUG) OVERVIEW: 


TREND : BULLISH 

RESIST 2: 430.00 

RESIST 1: 427.50 

SUP 1: 422.00 

SUP 2: 420.00

CS NICKEL (JULY) OVERVIEW: 

TREND : SLIGHTLY 

BULLISH 

RESIST 2: 957.50 

RESIST 1: 952.50 

SUP 1: 937.00 

SUP 2: 931.50

CS ZINC (JULY) OVERVIEW: 

TREND : SLIGHTLY 

BULLISH 

RESIST 2: 182.50 

RESIST 1: 181.50
SUP 1: 178.50
SUP 2: 176.50

CS LEAD (JULY) OVERVIEW: 

TREND : BEARISH 

RESIST 2: 149.00
RESIST 1: 148.00 

SUP 1: 145.00 

SUP 2: 144.50

CS ALUMINIUM (JULY) OVERVIEW: 

TREND : SIDEWAYS 

RESIST 2: 143.50 

RESIST 1: 142.50 

SUP 1: 140.50 

SUP 2: 139.50

CS CRUDE OIL (AUG) OVERVIEW: 

TREND : SIDEWAYS 

RESIST 2: 4930 

RESIST 1: 4880 

SUP 1: 4740 

SUP 2: 4680

CS NATURAL GAS (AUG) OVERVIEW: 

TREND : BULLISH 

RESIST 2: 195.00 

RESIST 1: 193.50 

SUP 1: 191.50 

SUP 2: 190.00


Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.
CapitalStars Investment Adviser: SEBI Registration Number: INA000001647.