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The information given herein should be treated as only factor, while making investment decision. The report does not provide individually tailor-made investment advice. Trade India Research Recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Trade India Research 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 NSE and BSE.
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08/03/2018 301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free: 9009010900
08/03/2018 Market Update (Energy): Crude oil may witness lower level buying as it may test 4000 in MCX. Oil prices steadied on Thursday after falling the previous day on the back of record U.S. crude production and rising inventories. The slight recovery on Thursday came amid a U.S. crude inventory build that was not as big as expected during the current seasonal demand lull at the end of winter, when many oil refineries shut down for maintenance. Market Update (Base Metals): Base metals complex may open in green on better China trade data .China's February exports rose 44.5 percent from a year earlier, beating market expectations, while imports grew 6.3 percent, customs data showed on Thursday. Import growth had been expected to slump to 9.7 percent, after a sharp rebound to 36.9 percent in January. The trade surplus had been tipped at $0.6 billion last month from January's $20.35 billion. Market Update (Bullions): Gold prices held steady early on Thursday as markets waited for more details on US President Donald Trump's proposed steel and aluminum tariffs and the outcome of the European Central Bank's policy meeting. The European Central Bank is all but certain to keep policy unchanged on Thursday but may tweak its communication stance to offer at least a few clues about its progress towards ending its unprecedented bond purchases later this year. 301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free: 9009010900
08/03/2018 TECHNICAL ANALYST GOLD GOLD OUTLOOK: TREND: - UP RESISTANCE: - 30600, 30700. SUPPORT: - 30400, 30300. STRATEGY: - SELL ON HGIH. TECHNICAL OUTLOOK TECHNICAL OUTLOOK Gold daily chart has formed "Falling wedge” pattern. The last session ended up bearish in trend after retesting the channel’s resistance slope line. The market is expected to continue in bullish trend for a while to retest the resistance slope line once again. The upside rally could test all the way through $1335-1340(30740-30865) levels in the upcoming sessions. Once the market reaches the resistance level at $1340(30865), then it might retest the same and turn bearish. The downside rally could test $1330- 1320(30615-30365) levels. Alternatively, if the market breaks above the resistance level then it might continue in bullish. Support holds at $1320(30365). 301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free: 9009010900
08/03/2018 OUTLOOK: SILVER SILVER TREND: - UP RESISTANCE: - 39000, 39200. SUPPORT: - 38600, 38400. STRATEGY: - SELL ON HIGH. TECHNICAL OUTLOOK TECHNICAL OUTLOOK Silver daily chart has formed "Symmetrical triangle” pattern. The last few sessions seems consolidated near the channel’s resistance slope line. The market is expected to continue in bearish momentum, once the same breaks below a key support holding at 38700. The downside rally could test all the way through 38500-38300 levels in the upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish. The upside rally could test 38900-39200 levels. Resistance holds at 39200. 301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free: 9009010900
08/03/2018 COPPER COPPER OUTLOOK: TREND: - DOWN RESISTANCE: - 455.50,458. SUPPORT: -450.50, 448. STRATEGY: - SELL ON HIGH. TECHNICAL OUTLOOK TECHNICAL OUTLOOK Copper daily chart has formed "Ascending triangle” pattern. The last few sessions seems consolidated inside the channel. The market is expected to continue in bearish momentum, once the same breaks below a key support holding at 448. The downside rally could test all the way through 446-442 levels in the upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish. The upside rally could test 455-458 levels. Resistance holds at 458. 301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free: 9009010900
08/03/2018 CRUDE OIL CRUDE OIL OUTLOOK: TREND: - DOWN RESISTANCE: - 4010, 4040. SUPPORT: - 3950, 3920. STRATEGY: SELL ON HIGH. TECHNICAL OUTLOOK TECHNICAL OUTLOOK Crude oil daily chart has formed "Megaphone chart” pattern. The last session ended up bearish in trend after retesting the channel’s resistance slope line. The market is expected to continue in bearish momentum, once the same breaks below a key support holding at $60(3897). The downside rally could test all the way through $59-58(3832-3767) levels in the upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish. The upside rally could test $61.50-63(3994-4092) levels. Key Resistance holds at $63(4092). 301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free: 9009010900
08/03/2018 DISCLAIMER DISCLAIMER The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users 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. Trade India Research Recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Trade India Research 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 NSE and BSE. The share price projections shown are not necessarily indicative of future price performance. The information herein, together with all estimates and forecasts, can change without notice. Analyst or any person related to Trade India Research might be holding positions in the stocks recommended. 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 . Any surfing and reading of the information is the acceptance of this disclaimer. All Rights Reserved. Investment in Commodity and equity market has its own risks. 301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free: 9009010900
08/03/2018 We, however, do not Touch for the accuracy or the completeness thereof. we are not responsible for any loss incurred whatsoever for any financial profits or loss which may arise from the recommendations above. Trade India Research does not purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid Or Unpaid), Any third party or anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken. 301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free: 9009010900
