BASE METAL WRAP: Copper climbed for the first time in three days before Chinese trade data and after minutes from the Federal Reserve eased concern over the timeline for higher U.S. interest rates.
ENERGY WRAP: West Texas Intermediate crude traded near the highest price in a month as rising fuel demand in the U.S. countered signs of a slowing Chinese economy. Brent slid in London.
PRECIOUS METAL WRAP: Gold held near a two-week high after the release of U.S. Federal Reserve minutes that played down forecasts by some of the bank’s own policy makers that interest rates might rise faster than they previously predicted.
GLOBAL EVENTS TO WATCH: Employment Change, Unemployment Rate, Trade Balance, Asset Purchase Facility, Official Bank Rate, MPC Rate Statement, Unemployment Claims, Import Prices m/m, G20 Meetings, G7 Meetings, Natural Gas Storage, 30-y Bond Auction, Federal Budget Balance.
ENERGY WRAP: West Texas Intermediate crude traded near the highest price in a month as rising fuel demand in the U.S. countered signs of a slowing Chinese economy. Brent slid in London.
PRECIOUS METAL WRAP: Gold held near a two-week high after the release of U.S. Federal Reserve minutes that played down forecasts by some of the bank’s own policy makers that interest rates might rise faster than they previously predicted.
GLOBAL EVENTS TO WATCH: Employment Change, Unemployment Rate, Trade Balance, Asset Purchase Facility, Official Bank Rate, MPC Rate Statement, Unemployment Claims, Import Prices m/m, G20 Meetings, G7 Meetings, Natural Gas Storage, 30-y Bond Auction, Federal Budget Balance.
| AGRI COMMODITY | BULLION COMMODITY |
CS
CHANA (MAY) OVERVIEW:
TREND
CONSOLIDATE
SUP1:3075
SUP2:3040
RESIST1:3180
RESIST2:3260
TRADING
STRATEGY: SELL ON RISE
CAPITALSTARS.COM
+919200099927 +919977499927 |
CS
COPPER (APRIL) OVERVIEW:
TREND
CONSOLIDATE
SUP1:395
SUP2:392
RESIST1:409
RESIST2:411
TRADING
STRATEGY: SELL ON RISE
CAPITALSTARS.COM
+919200099927 |
CS
JEERA (MAY) OVERVIEW:
TREND
BEARISH
SUP1:9600
SUP2:9340
RESIST1:10450
RESIST2:10700
TRADING
STRATEGY: SELL ON RISE
CAPITALSTAR0S.COM
+919200099927 |
CS
CRUDE (APRIL) OVERVIEW:
TREND
CONSOLIDATE
SUP1:6150
SUP2:6040
RESIST1:6280
RESIST2:6330
TRADING
STRATEGY: BUY ON DIPS
CAPITALSTARS.COM
+919200099927 |
CS
TURMERIC (APRIL) OVERVIEW:
TREND
BEARISH
SUP1:6140
SUP2:6056
RESIST1:6480
RESIST2:6580
TRADING
STRATEGY: SELL ON RISE
CAPITALSTARS.COM
+919200099927 |
CS
GOLD (JUNE) OVERVIEW:
TREND
CONSOLIDATE
SUP1:28200
SUP2:27800
RESIST1:28800
RESIST2:29050
TRADING
STRATEGY: BUY ON DIPS
CAPITALSTARS.COM
+919200099927 |
CS
SOYABEAN (MAY) OVERVIEW:
TREND
CONSOLIDATE
SUP1:4350
SUP2:4290
RESIST1:4430
RESIST2:4476
TRADING
STRATEGY: BUY ON DIPS
CAPITALSTARS.COM
+919200099927 |
CS
SILVER (MAY) OVERVIEW:
TREND
CONSOLIDATE
SUP1:42400
SUP2:40500
RESIST1:43600
RESIST2:44200
TRADING
STRATEGY: BUY ON DIPS
CAPITALSTARS.COM
+919200099927 |
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