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Capitalstars indore MCX Dail Report

Gold prices turned lower as U.S. Treasury bond yields rose, but losses were limited by weaker stock markets and the dollar, which fell due to uncertainty over U.S. tax reform. The dollar was set for its first weekly fall in a month as disappointment that a landmark U.S. tax overhaul may be delayed until 2019 put a brake on the currency's recent rally

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Capitalstars indore MCX Dail Report

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  1. CapitalStars Financial Research Pvt., Ltd., 1 SEBI Registration Number: INA000001647 MCX Daily Report 13 NOV 2017 News High lights Gold prices turned lower as U.S. Treasury bond yields rose. Gold prices turned lower as U.S. Treasury bond yields rose, but losses were limited by weaker stock markets and the dollar, which fell due to uncertainty over U.S. tax reform. The dollar was set for its first weekly fall in a month as disappointment that a landmark U.S. tax overhaul may be delayed until 2019 put a brake on the currency's recent rally. Uncertainty over the tax plans also hit U.S. stock markets and helped end the longest run of global share price gains since 2003. Expectations of lower taxes, one of President Donald Trump's key promises, have helped power the S&P more than 20 percent since the 2016 presidential election. Gold demand slid to its lowest in eight years in the last quarter as jewellery buying fell and inflows into bullion- backed exchange traded funds dried up, data from the World Gold Council showed. Overall demand fell 9 percent to 915 tonnes, its weakest since the third quarter of 2009, the WGC said. India’s gold imports in the last quarter of 2017 could drop by a fourth from a year ago due to weak demand during key festivals and as investors seek better returns from riskier assets like equities, industry officials said. Surging Profit from Increasing Output of Aluminum and Zinc: Vedanta Resources. Vedanta Resources said that their profit surged by 37.4% in the first half of the year, as a result of increasing output of aluminum and zinc price climbing of commodity. From March 1st to September 30th,profit of zinc products had surged by nearly 80% in Vedanta, with a 42.1% profit increase from Indonesian zinc minerals. Vedanta’s aluminum output rose by more than 39% with the 23% increase of average price of aluminum. Price of Jinchuan Refined Nickel. Jinchuan lowered their quote today of Refined Nickel (780x850x3~5mm) to 99,000 yuan / ton in Shanghai and 100,200 yuan / ton for Refined Nickel (4 x4 inch), a 300 yuan / ton drop. The mill price of Jinchuan Nickel spot is higher than that in the market. Crude oil prices settled lower as investors fretted over an uptick in U.S. production. Crude oil prices settled lower as investors fretted over an uptick in U.S. production but losses were limited as expectations grew that OPEC would extend its agreement on output curbs. Crude oil fell to a weekly loss as investors weighed a report from Baker Hughes showing the number of oil rigs operating in the US rose to the highest in almost a month by 9 to 738. The uptick in rig counts added to concerned over rising U.S. output after federal energy projections estimated U.S. production to rise to 9.2 million barrels per day (bpd) in 2017 and a record 10.0 million bpd in 2018. Losses in oil prices were limited, however, as investor expectations for an extension to the OPEC -led product-cut agreement remained elevated ahead of the upcoming meeting on Nov. 30. In May, OPEC producers agreed to extend production cuts for a period of nine months until March, but stuck to production cuts of 1.2 million bpd agreed in November last year.

  2. CapitalStars Financial Research Pvt., Ltd., 2 SEBI Registration Number: INA000001647 MCX Daily Report 13 NOV 2017 Precious Metals CS GOLD (DEC) OVERVIEW: TREND : SIDEWAYS RESIST 2: 29800 RESIST 1: 29700 SUP 1: 29400 SUP 2: 29300 WWW.CAPITALSTARS.COM +917316690000 CS SILVER (DEC) OVERVIEW: TREND : SIDEWAYS RESIST 2: 40150 RESIST 1: 40000 SUP 1: 39200 SUP 2: 39050 WWW.CAPITALSTARS.COM +917316690000 Base Metals CS COPPER (NOV) OVERVIEW: TREND : SIDEWAYS RESIST 2: 452.00 RESIST 1: 449.00 SUP 1: 442.00 SUP 2: 439.00 WWW.CAPITALSTARS.COM +917316690000 CS NICKEL (NOV) OVERVIEW: TREND : SIDEWAYS RESIST 2: 820.00 RESIST 1: 815.00 SUP 1: 788.00 SUP 2: 783.00 WWW.CAPITALSTARS.COM +917316690000 CS ZINC (NOV) OVERVIEW: TREND : BULLISH RESIST 2: 218.00 RESIST 1: 216.00 SUP 1: 210.00 SUP 2: 208.00 WWW.CAPITALSTARS.COM +917316690000 CS LEAD (NOV) OVERVIEW: TREND : BULLISH RESIST 2: 170.00 RESIST 1: 168.00 SUP 1: 163.00 SUP 2: 161.00 WWW.CAPITALSTARS.COM +917316690000 CS ALUMINIUM (NOV) OVERVIEW: TREND : BEARISH RESIST 2: 140.00 RESIST 1: 139.00 SUP 1: 136.00 SUP 2: 135.00 WWW.CAPITALSTARS.COM +917316690000 Energies CS CRUDE OIL (NOV) OVERVIEW: TREND : BULLISH RESIST 2: 3800 RESIST 1: 3760 SUP 1: 3670 SUP 2: 3630 WWW.CAPITALSTARS.COM +917316690000 CS NATURAL GAS (NOV) OVERVIEW: TREND : BULLISH RESIST 2: 214.00 RESIST 1: 211.00 SUP 1: 204.00 SUP 2: 201.00 WWW.CAPITALSTARS.COM +917316690000

  3. CapitalStars Financial Research Pvt., Ltd., 3 SEBI Registration Number: INA000001647 MCX Daily Report 13 NOV 2017 Pick for the Day MCX Crude Oil Nov on Friday as seen in the daily chart opened at 3714 levels and day high of 3758 levels. During this period price corrected & made day low of 3699 levels finally closed at 3712 levels. Now, there are chances of further Upside movement technically & fundamentally. . Oil prices are expected to remain volatile over the near-term amid ongoing unrest in the Middle East after Saudi Arabia warned its citizens on Thursday not to travel to Lebanon and urged the international community to impose fresh sanctions on Iran. The escalating tensions between Saudi Arabia and Iran come after Saudi Arabia’s crown prince Mohammed bin Salman accused Iran of “direct military aggression” by supplying Houthi rebels in Yemen with missiles, one of which was fired towards the Riyadh on Saturday. DAILY RECOMMENDATION: Buy MCX CRUDE OIL NOV AROUND 3700 LEVELS FOR TARGET OF T1 3750/ T2 3770 WITH SL 3620 OF LEVELS.

  4. CapitalStars Financial Research Pvt., Ltd., 4 SEBI Registration Number: INA000001647 MCX Daily Report 13 NOV 2017 D Disclaimer The information and views in this report & all the service we provide are believed to be reliable, but we do not accept any responsibility for errors of fact or opinion. Investors have the right to choose the product/s that suits them the most. Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and up on sources that we consider reliable. This material is for personal information and based upon it & takes no responsibility. The information given herein should be treated as only factor, while making investment decision. The report does not provide individually tailor-made investment advice. My research recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Capital Stars shall not be responsible for any transaction conducted based on the information given in this report, which is in violation of rules and regulations of regulators. The price projections shown are not necessarily indicative of future price performance. The information herein, together with all estimates and forecasts, can change without notice. It is understood that anyone who is browsing through the site has done so at his free will and does not read any views expressed as a recommendation for which either the site or its owners or anyone can be held responsible for. Investment & Trading in Securities Markets are always subjected to market risk. Capital stars Financial Research Private Ltd., Reserves all Rights. CONTACT US BRANCH OFFICE BRANCH OFFICE Capitalstars Financial Research Private Limited PLOT NO.32, MECHANIC NAGAR EXTENSION, IDA SCHEME NO.54, VIJAYNAGAR INDORE REGISTERED OFFICE REGISTERED OFFICE PLOT NO.12, SCHEME NO.78 PART-II, VIJAY NAGAR, INDORE Email :- backoffice@capiltalstars.in Report Is Checked By Investment Advisor :

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