free mcx commodity tips & news updates 25 sep 2015

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www.capitalstars.com | CapitalStars Research 25/09/2015 DAILY MCX NEWSLETTER www.capitalstars.com | CapitalStars Research

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Page 1: Free MCX Commodity Tips & News Updates 25 SEP 2015

www.capitalstars.com | CapitalStars Research

25/09/2015

s

www.capitalstars.com | Ca

DAILY MCX NEWSLETTER

www.capitalstars.com | CapitalStars Research

Page 2: Free MCX Commodity Tips & News Updates 25 SEP 2015

BULLION:

Gold prices fell in Asia on Friday after Fed Chair Janet Yellen said that an interest

rate hike this year is still very much on the cards. Yellen said she anticipates that

it will be appropriate to raise short-term interest rates by the end of the year. In

prepared remarks for a speech at the University of Massachussetts-Amherst,

Yellen emphasized that most of her colleagues will likely support raising the

target range for the Federal Funds Rate at some point this year. FOMC only

disclosed that 13 of 17 of its members were in favor of raising rates this year.

Yellen had not personally associated herself with a rate hike since July.

BASE METAL: Overnight, LME copper once dipped to USD

5,013/mt but later rebounded due to softer

dollar, to close up USD 21/mt at USD 5,080/mt.

Safety-seeking sentiment is boosted in market.

German’s auto industry is attacked and

Caterpillar will lay off workers. European and US

stocks all dropped. US durable goods orders are

soft. US dollar index fell initially but later rallied

thanks to the dovish tone of Yellen’s speech,

weighing down base metals. Investors will exit

market to seek safety ahead of holiday. LME

copper should move between USD 5,020-

5,120/mt during Asian trading hours.

ENERGY:

Oil markets remained subdued in early trading in Asia on Friday after weak data from Japan reinforced concerns over global

economic growth. Japan's core consumer prices fell 0.1 percent in August from a year earlier, government data showed on Friday,

marking the first year-on-year drop since April 2013. The index includes oil products but excludes fresh food prices. HSBC cautioned

not to over-focus on weak China data, arguing that fully developed economies were also slowing. Yet a global oversupply that

analysts estimate at 2.5 million barrels per day remains largely in place due to high production.

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Page 3: Free MCX Commodity Tips & News Updates 25 SEP 2015

CS GOLD (OCTOBER) OVERVIEW:

TREND : BULLISH RESIST 2: 27150 RESIST 1: 26950

SUP 1: 26450 SUP 2: 26380

STRATEGY: BUY ON DIPS

CS SILVER (DECEMBER) OVERVIEW:

TREND : BULLISH RESIST 2:36470 RESIST 1:36250

SUP1:35460 SUP2:35150

STRATEGY : BUY ON DIPS

CS CRUDE OIL (OCTOBER) OVERVIEW:

TREND :BEARISH

RESIST 2:3050 RESIST 1:3010

SUP1:2975 SUP2:2920

STRATEGY: SELL ON RISE

CS NATURAL GAS (OCTOBER) OVERVIEW:

TREND :BULLISH RESIST 2:179 RESIST 1:178

SUP1: 175 SUP2:173

STRATEGY: BUY ON DIPS

BULLION & ENERGY

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Page 4: Free MCX Commodity Tips & News Updates 25 SEP 2015

CS COPPER (NOVEMBER) OVERVIEW:

TREND :BEARISH

RESIST 2:346 RESIST 1:344

SUP1:338 SUP2:334

STRATEGY: SELL ON RISE

Get real time advice for share market tips , Free Stock Tips , Free Share Market

Tips , Free Stock Market Tips , Free Commodity Tips , Stock Market Tips , Equity

Trading Tips , Commodity like gold, silver, copper, crude trading tips and all

market updates. We Provide Stock trading tips. For 2 Days Free Trial, please visit

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Call at 0731-6790000, 6669900

BASE METAL

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Page 5: Free MCX Commodity Tips & News Updates 25 SEP 2015

MCX CRUDE OIL OCT., Thursday as seen in the daily chart opened at 2991 levels and day high

of 3016 levels. During this period price corrected & made day low of 2921 levels finally closed

at 2984 levels. Now, there are chances of further downward movement technically &

fundamentally.

HSBC cautioned not to over-focus on weak China data, arguing that fully developed economies were also slowing. Yet a

global oversupply that analysts estimate at 2.5 million barrels per day remains largely in place due to high production.

DAILY RECOMMENDATION: SELL MCX CRUDE OIL OCT., BELOW 3030 LEVELS FOR TARGET

OF T1 2930/T2 2900 WITH SL OF 3135 LEVELS.

COMMODITY PICK OF THE DAY: CRUDE OIL

Page 6: Free MCX Commodity Tips & News Updates 25 SEP 2015

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provide are believed to be reliable, but we do not accept any responsibility (or

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Page 7: Free MCX Commodity Tips & News Updates 25 SEP 2015

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