1 / 5

Daily Mcx Reports 22 March 2019

Capitalstars, financial research private limited is a SEBI Registered, provide Stock Tips,Share Market Tips , commodity &amp; currency tips.<br>http://www.capitalstars.com/tracksheet-stock-tips/<br>

Download Presentation

Daily Mcx Reports 22 March 2019

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. CapitalStars Financial Research Pvt., Ltd., 1 SEBI Registration Number: INA000001647 22NDMAR 2019 MCX Daily Report News Highlights BULLION - Bullion counter may trade with sideways bias. Gold extended losses on Friday, moving further away from a three-week peak hit in the previous session, as appetite for riskier assets improved on upbeat U.S. economic data, while the metal was still on path for a third straight weekly gain. U.S. data showed jobless benefit applications fell more than expected while mid-Atlantic factory activity rebounded. Britain could leave the European Union without a Brexit deal on April 12 if lawmakers fail next week to back Prime Minister Theresa May’s agreement with Brussels, EU leaders said after a crisis summit in Brussels on Thursday. Prime Minister Theresa May on Friday welcomed the European Union’s decision to delay Brexit, saying that lawmakers in the British parliament now had clear choices about what to do next. ENERGY- Crude oil may witness some profit booking at higher levels. Oil prices on Friday hovered close to 2019 peaks reached the previous day, propped up by supply cuts led by producer club OPEC and by U.S. sanctions against Iran and Venezuela. Prices have been propped up by supply cuts by the Organization of the Petroleum Exporting Countries (OPEC) and non- affiliated allies such as Russia, often referred to as ‘OPEC+’. Overall it may trade in range of 4090-4155 in MCX. With the driver of the OPEC bus, Saudi Arabia, showing no signs of wavering in the face of renewed pressure from Washington, we believe that OPEC is likely to extend the deal for the duration of 2019 when they next assemble in Vienna in June. Beyond OPEC and Russia’s supply policy, oil prices have also been boosted by U.S. sanctions on OPEC-members Iran and Venezuela. BASE METAL - Base metals prices may trade sideways path. Base metal prices on the London Metal Exchange rose on Friday along with broader markets, buoyed after solid U.S. data helped calm worries over the outlook for the global economy. Thursday’s U.S. economic data was upbeat as initial claims for jobless benefits fell more than expected and mid-Atlantic factory activity rebounded sharply. Norsk Hydro, one of the world’s largest aluminium producers, said one of its key units is operating at only 50 percent of capacity following a cyber attack on the company this week.

  2. CapitalStars Financial Research Pvt., Ltd., 2 SEBI Registration Number: INA000001647 22NDMAR 2019 MCX Daily Report Precious Metals SUP 1:31700 SUP 2:31600 WWW.CAPITALSTARS.COM +919977499927 WWW.CAPITALSTARS.COM +919977499927 Base Metals CS COPPER (APR) OVERVIEW: TREND : BEARISH RESIST 2:453.00 RESIST 1:448.00 SUP 1: 440.00 SUP 2: 437.00 RESIST 2: 922.00 RESIST 1: 907.00 SUP 1: 880.00 SUP 2: 870.00 CS ZINC (MAR) OVERVIEW: TREND : SIDEWAYS RESIST 2:201.00 RESIST 1:199.00 SUP 1: 196.00 SUP 2: 195.00 CS LEAD (MAR) OVERVIEW: RESIST 2: 142.00 RESIST 1: 141.00 SUP 1: 139.00 SUP 2: 138.00 CS ALUMINIUM (MAR) OVERVIEW: TREND : BEARISH RESIST 2: 148.00 RESIST 1: 146.00 SUP 1: 144.00 SUP 2: 143.00 WWW.CAPITALSTARS.COM +919977499927 Energy CS CRUDE OIL (APR) OVERVIEW: TREND : SIDEWAYS TREND : SIDEWAYS

  3. CapitalStars Financial Research Pvt., Ltd., 3 SEBI Registration Number: INA000001647 22NDMAR 2019 MCX Daily Report Pick for the DAY MCX ALUMINIUM MAR on THRUSDAY as seen in the Daily chart opened at 146.35 levels and made day low of 144.60 Levels. During this period ALUMINIUM MAR High is 146.75 levels and finally closed at 144.90 levels. Now, there are chances of down movement technically & fundamentally. DAILY RECOMMENDATION: SELL MCX ALUMINIUM MAR BELOW 144.20 LEVELS FOR TARGET OF 143/142 WITH SL 145.50 OF LEVELS.

  4. CAPITALSTARSFINANCIALRESEARCHPVT.LTD. CapitalStars Financial Research Private Limited is an advisory company incepted with a vision of providing fair and accurate trading and investment calls in share and commodity market. we specialize in thorough fundamental and technical research analysis in equity and commodity market to provide best equity and commodity tips to traders and investors. we provide intraday as well as delivery stock tips in NSE and BSE and commodity tips in MCX and NCDEX. Get our more services:- Intraday stock tips Financial advisory company Share market company Stock Tips * Investment & Trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance. * CapitalStars Investment Adviser: SEBI Registration Number: INA000001647 4

  5. CapitalStars Financial Research Pvt., Ltd., SEBI Registration Number: INA000001647 22NDMAR 2019 MCX Daily Report 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. Capitalstars Financial Research Private Ltd., Reserves all Rights. CONTACT US BRANCH OFFICE Capitalstars Financial Research Private Limited PLOT NO.32, MECHANIC NAGAR EXTENSION, IDA SCHEME NO.54, VIJAYNAGAR INDORE REGISTERED OFFICE PLOT NO.12, SCHEME NO.78 PART-II, VIJAY NAGAR, INDORE Email :- backoffice@capitalstars.com CONTACT US:- 9039012727/9977499927 Report Is Checked By Investment Advisor:

More Related