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MCX NEWS LETTER

Gold dropped in Asia on Monday as investors digested U.S. jobs data from last week for cues on the next Fed move on interest rates.

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MCX NEWS LETTER

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  1. www.capitalstars.com www.capitalstars.com | | CapitalStars Research 07/03/2016 CapitalStars Research DAILY MCX NEWSLETTER s www.capitalstars.com www.capitalstars.com | | CapitalStars Research CapitalStars Research www.capitalstars.com | | Ca www.capitalstars.com Ca

  2. BULLION: BASE METAL: LME copper will see more gains this coming week on prevailing bullish sentiment, SMM sees. LME copper is expected to increase to USD 4,970-5,020/mt during Asian trading hours Monday supported by optimistic sentiment. The ECB will release the result of its March interest rate meeting. In the past one year, manufacturing industry in euro zone posted modest however, is not steady. The fall in manufacturing PMI in recent 2 months triggers worries in market. recovery, which Gold dropped in Asia on Monday as investors digested U.S. jobs data from last week for cues on the next Fed move on interest rates. Gold for April delivery on the Comex division of the New York Mercantile Exchange eased 0.79% to $1,260.60 a troy ounce. Prices of the red metal have been well-supported in recent weeks amid mounting expectations for further stimulus measures from central banks in Europe and Asia. ENERGY: Crude oil prices rose further in Asia on Monday as investors kept a possible deal on a production freeze in focus. At the weekend, China outlined growth and other aims for the economy at an annual meeting of senior leaders that signaled GDP growth of 6.5%, or above. Developments surrounding a potential deal between OPEC and non-OPEC producers to cap output will also be in focus. Oilfield services provider Baker Hughes said late Friday that the number of rigs drilling for oil in the U.S. decreased by eight last week to 392, the 11th straight weekly decline and the lowest level since 2009. www.capitalstars.com www.capitalstars.com | | CapitalStars Research CapitalStars Research

  3. BULLION & ENERGY CS GOLD ( CS GOLD (APRIL APRIL) OVERVIEW ) OVERVIEW: : TREND : BULLISH RESIST 2: 30100 RESIST 1: 29950 SUP 1: 29400 SUP 2: 29190 STRATEGY: BUY ON DIPS CS SILVER ( CS SILVER (MAY MAY) OVERVIEW ) OVERVIEW: : TREND : BULLISH RESIST 2: 38250 RESIST 1: 37900 SUP1: 36900 SUP2: 36340 STRATEGY : BUY ON DIPS CS CRUDE OIL ( CS CRUDE OIL (MARCH MARCH) OVERVIEW ) OVERVIEW: : TREND :BULLISH RESIST 2:2470 RESIST 1:2420 SUP1:2330 SUP2:2280 STRATEGY: BUY ON DIPS OVERVIEW: : CS NATURAL GAS ( CS NATURAL GAS (MARCH) MARCH) OVERVIEW TREND : BEARISH RESIST 2:116 RESIST 1:114 SUP1:109 SUP2:107 STRATEGY: SELL ON RISE www.capitalstars.com www.capitalstars.com | | CapitalStars Research CapitalStars Research

  4. BASE METAL CS COPPER ( CS COPPER (APRIL APRIL) OVERVIEW: ) OVERVIEW: TREND :BULLISH RESIST 2:345 RESIST 1:340 SUP1:331 SUP2:328 STRATEGY: BUY ON DIPS Get real time advice for Stock Market, Forex, COMEX, Stock trading tips, Forex, Commodity like gold, silver, copper, crude trading tips and all market updates. We Provide Stock trading tips. For 2 Days Free Trial, please visit our site ………….. http://www.capitalstars.com Call at 0731-6790000, 6669900 www.capitalstars.com www.capitalstars.com | | CapitalStars Research CapitalStars Research

  5. COMMODITY PICK OF THE DAY: CRUDE OIL MCX CRUDE OIL MAR., Friday as seen in the daily chart opened at 2340 levels and day high of 2417 levels. During this period price corrected & made day low of 2320 levels finally closed at 2409 levels. Now, there are chances of further upward movement technically & fundamentally. Oilfield services provider Baker Hughes said late Friday that the number of rigs drilling for oil in the U.S. decreased by eight last week to 392, the 11th straight weekly decline and the lowest level since 2009. DAILY RECOMMENDATION: BUY MCX CRUDE OIL MAR., AROUND 2400 LEVELS FOR TARGET OF T1 2500 /T2 2550 WITH SL OF 2280 LEVELS.

  6. www.capitalstars.com www.capitalstars.com | | CapitalStars Research CapitalStars Research 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. Use of this report in no way constitutes a client/advisor relationship, all information we communicate to you (the subscriber) either through our Web site or other forms of communications, are purely for informational purposes only. We recommend seeking individual investment advice before making any investment, for you are assuming sole liability for your investments. Capital Stars will in no way have discretionary authority over your trading or investment accounts. All rights reserved. Our Some Best Services Read it Here… Commodity Market Tips, MCX Copper Tips, MCX Tips, Crude oil tips, Nifty Options Tips, Share Market Live, Financial Advisory Company in Indore, Stock Advisory Company in Indore CapitalStars Financial Research Financial Advisory Services www.capitalstars.com | T:+91-731-6790000,6669900

  7. www.capitalstars.com www.capitalstars.com | | CapitalStars Research CapitalStars Research

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