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Mcx daily report 14 sept

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Mcx daily report 14 sept

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  1. CapitalStars Financial Research Pvt.,Ltd., 1 SEBI Registration Number:INA000001647 MCXDailyReport 14 Sep2018 NewsHighlights Gold rises for second day on USD weakness and rising demand fromIndia. Gold prices traded marginally down Friday morning as investors purchased riskier assets instead of seeking a safe haven in gold, amid hopes for a new round of U.S.-China trade talks. Spot gold declined 0.3 percent to $1,202.30 per ounce, after earlier hitting its highest level since Aug. 28 at $1,212.49. Bullion gained 0.7 percent in the previous session in its biggest single-day rise since Aug. 24. U.S. gold futures for December delivery settleddown $2.70, or 0.2 percent, at $1,208.20 per ounce. The dollar index declined against a basket of major currencies after data showed U.S. consumer prices increased less than expected in August, paring traders’ outlook that domestic inflation isaccelerating. Copper was trading steady on Monday morning after it registered its second weekly loss as an intensifying tradewar. London copper edged lower on Friday, pulling back from a two-week high reached in the prior session, as investors exercised caution ahead of possible trade talks between the United States and China to resolve an escalating tariff war. China will not buckle to U.S. demands in any trade negotiations, the major state-run China Daily newspaper said in an editorial on Friday, after Chinese officials welcomed an invitation from Washington for a new round of talks. Investors were also eyeing a slew of Chinese data due out this morning for trading cues, including industrial output and retailsales. LME nickel inventory shrinking 456 mt to 236,250mt. US-Sino trade disputes limited upward momentum in nickel prices, even as the US dollar weakened. Both LME nickel and the SHFE 1811 contract settled lower overnight. We expect LME nickel to consolidate around $12,600/mt with the contract trading at 103,000-105,000 yuan/mt today. Spot prices are set at 102,500-109,500 yuan/mt.. Oil prices fall on emerging market woes, looming tariffdeadline. Oil on Friday clawed back some of its losses from the previous session, when prices fell the most in a month, as concerns about oil supply are countering worries that emerging market crisesandtradedisputescoulddentdemand.Brentcrudewasup8cents,or0.1percent,at $78.26 a barrel, after falling 2 percent on Thursday. The global benchmark rose on Wednesday to its highest since May 22 at $80.13. U.S. West Texas Intermediate (WTI) futures were up 18 cents, or 0.2 percent, at 68.76 a barrel, after dropping 2.5 percent on Thursday. Brent is heading for a 1.8 percent gain this week, while WTI is on track for a 1.5 percentincrease.

  2. CapitalStars Financial Research Pvt.,Ltd., SEBI Registration Number:INA000001647 MCXDailyReport 14 Sep2018 PreciousMetals CS GOLD (OCT) OVERVIEW: TREND : BULLISH RESIST 2: 30750 RESIST 1: 30650 SUP1:30450 SUP 2:30350 WWW.CAPITALSTARS.COM +917440449744 CS SILVER (DEC) OVERVIEW: TREND :SIDEWAYS RESIST 2:37500 RESIST 1:37200 SUP 1: 36700 SUP 2: 36500 WWW.CAPITALSTARS.COM +917440449744 BaseMetals CS COPPER (NOV) OVERVIEW: TREND : BULLISH RESIST2:434.00 RESIST1:430.00 SUP 1: 423.00 SUP 2: 418.00 WWW.CAPITALSTARS.COM +917440449744 CS NICKEL (SEP) OVERVIEW: TREND : BEARISH RESIST 2:918.00 RESIST 1:910.00 SUP 1: 892.00 SUP 2: 880.00 WWW.CAPITALSTARS.COM +917440449744 CS ZINC (SEP) OVERVIEW: TREND : BEARISH RESIST2:173.00 RESIST 1:171.00 SUP 1:167.00 SUP 2: 165.00 WWW.CAPITALSTARS.COM +917440449744 CS LEAD (SEP) OVERVIEW: TREND : SIDEWAYS RESIST 2:151.00 RESIST 1:149.00 SUP 1:146.00 SUP 2: 144.00 WWW.CAPITALSTARS.COM +917440449744 CS ALUMINIUM (SEP) OVERVIEW: TREND : SIDEWAYS RESIST 2:149.00 RESIST 1:148.00 SUP 1:147.00 SUP 2:145.50 WWW.CAPITALSTARS.COM+917440449744 Energies CS CRUDE OIL (SEP)OVERVIEW: TREND :BULLISH RESIST 2:5040 RESIST 1:4990 SUP 1:4930 SUP 2: 4880 WWW.CAPITALSTARS.COM +917440449744 CS NATURAL GAS (SEP)OVERVIEW: TREND :BEARSIH RESIST 2:206.00 RESIST 1:204.50 SUP 1:200.00 SUP 2: 198.00 WWW.CAPITALSTARS.COM +917440449744

  3. CapitalStars Financial Research Pvt.,Ltd., 3 SEBI Registration Number:INA000001647 MCXDailyReport 14 Sep2018 Pick for theDAY • MCX CRUDE SEP on Thursday as seen in the Daily chart opened at 4948 levels and made day Low of 4828 levels. During this period CRUDE came up to 4972 levels and finally closed at 4884 levels. Now, there are chances of down movement technically & fundamentally. • Oil prices fall on Thursday as emerging market woes weighed on sentiment. • Oil prices fall on emerging market woes, looming tariffdeadline. DAILY RECOMMENDATION: SELL MCX CRUDE SEP BELOW 4890 LEVELS FOR TARGET OF 4850/4820 WITH SL 4950 OF LEVELS.

  4. CapitalStars Financial Research Pvt.,Ltd., 4 SEBI Registration Number:INA000001647 MCXDailyReport 14 Sep2018 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 financialadviser. 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. Capitalstars Financial Research Private Ltd., Reserves allRights. CONTACTUS BRANCHOFFICE Capitalstars Financial Research Private Limited Forex Trading Tips Stock Market Tips Share TipsExpert PLOT NO.32, MECHANIC NAGAR EXTENSION, IDA SCHEME NO.54, VIJAYNAGARINDORE REGISTEREDOFFICE PLOT NO.12, SCHEME NO.78 PART-II, VIJAY NAGAR,INDORE Email :-backoffice@capiltalstars.in

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