CapitalStars Research Update News

CapitalStars Research Update News

RBI releases restructuring norms for NBFCs

As per RBIs norms revisions of the date of DCCO and consequential shift in repayment schedule for equal or shorter duration will not be treated as restructuring subject to certain conditions.

Sun Pharma to seek USFDA approval for 2-3 innovative products

Sun Pharma is hinted that it is close to fling approvals for three New Chemical Entities (NCE) or innovative products developed by its subsidiary SPARC and are in final stages of clinical trials.

Thomas Cook India acquires Sri Lanka-based Luxe Asia

The acquisition of Luxe Asia reiterates delivery of our strategic intent of establishing a global destination management presence. Luxe Asia will continue to focus on its core domain of inbound tourism across key global source markets.

M&M rallies on plans to launch ‘TUV3OO’ in September

Shares of Mahindra & Mahindra (M&M) gained over 3% to Rs1364 on NSE on back of plans to launch its compact SUV ‘ TUV3OO’ in September; positive for the company Utility Vehicle segment market leader M&M unveiled its plans to launch a compact sports utility vehicle (SUV) later in the year.

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. CapitalStars also aveliable on social network

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CapitalStars is a research house and an investment advisory company carrying out operations in the Indian Equities and commodity market. We generate intraday as well as delivery calls in Stock cash and F&O in NSE & BSE, Commodities including bullions, metals & Agro- commodities traded in MCX and NCDEX.

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Daily MCX Commodity News 31 July 2015

Daily MCX News

BULLION:

Gold prices eased slightly in early Asia on Friday as investors continued to assess the likely timing of a Federal Reserve rate hike expected this year. On the Comex division of the New York Mercantile Exchange, gold for December delivery eased 0.06% to $1.088.10 a troy ounce. On Wednesday, the Federal Open Market Committee (FOMC) concluded its two-day July meeting without offering any indications on whether it will adjust its benchmark Federal Funds Rate later this fall. U.S. short-term interest rates have remained level between zero and 0.25% for nearly six years since the end of the Financial Crisis. Nearly a decade has passed since the Federal Reserve last instituted a rate hike.

BASE METAL:

The IMF said it will not provide Greece a third round of aid due to the country’s large debt scale and inefficiency in reform execution. German officials believe the German Bundestag will unlikely approve the EUR 86 billion bailout fund for Greece without the support from the IMF. Germany’s unemployment increased 9,000 in July, lower than the 5,000 expected, with the unemployment rate unchanged at 6.4%, which is in line with market expectations. Euro zone July CCI fell 7.1, flat at June’s and in compliance with market anticipation. LME copper prices fell to USD 5,210/mt as the US dollar index rose and market was still affected by the weak Chinese shares. LME copper closed at USD 5,257/mt, down by USD 69/mt. 

ENERGY:

Crude oil prices held steady to lower in early Asia on Friday the market looking ahead to U.S. data on working rigs as producers weigh the cost of pumping more oil into an oversupplied market. On the New York Mercantile Exchange, WTI crude for September delivery fell 0.03% to $48.51 a barrel. In June, the kingdom produced more than 10.6 million barrels a day, amounting to its highest level on record. Some analysts predict that Saudi output could exceed 11 million bpd before the end of the summer.

BULLION & ENERGY

CS GOLD (AUGUST) OVERVIEW:

TREND :SIDEWAYS

RESIST 2: 25025

RESIST 1: 24860

SUP 1: 24665

SUP 2: 24570

STRATEGY: SELL ON RISE

CS SILVER (SEPTEMBER) OVERVIEW:

TREND : BULLISH

RESIST 2:34365

RESIST 1:34190

SUP1:33715

SUP2:33540

STRATEGY :  BUY ON DIPS

CS CRUDE OIL (JULY) OVERVIEW:

TREND :BEARISH

RESIST 2:3210

RESIST 1:3180

SUP1:3100

SUP2:3070

STRATEGY: SELL ON RISE

CS NATURAL GAS (JULY) OVERVIEW:

TREND :BEARISH

RESIST 2:187

RESIST 1:184

SUP1: 177

SUP2:175

STRATEGY: SELL ON RISE

BASE METAL

CS COPPER (AUGUST ) OVERVIEW:

TREND :BEARISH

RESIST 2:345

RESIST 1:342

SUP1:338

SUP2:335

STRATEGY: SELL ON RISE

COMMODITY PICK OF THE DAY: MCX GOLD

MCX CRUDE OIL AUG., Thursday  as seen in the daily chart opened at 3144 levels and day  high of 3174 levels. During this period  price corrected & made day low of 3122  levels finally closed at 3132 levels. Now, there  are chances of further downward movement technically & fundamentally.

In June, the kingdom produced more than 10.6 million barrels a day, amounting to its highest level on record. Some analysts predict that Saudi output could exceed 11 million bpd before the end of the summer.

DAILY RECOMMENDATION: 

SELL MCX  CRUDE OIL AUG., BELOW 3125
LEVELS FOR TARGET OF T1 3025, T2  2975
WITH SL OF 3235 LEVELS.

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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. CapitalStars also aveliable on social network

CapitalStars Twitter

CapitalStars Linkedin

CapitalStars Facebook

CapitalStars is a research house and an investment advisory company carrying out operations in the Indian Equities and commodity market. We generate intraday as well as delivery calls in Stock cash and F&O in NSE & BSE, Commodities including bullions, metals & Agro- commodities traded in MCX and NCDEX.

www.capitalstars.com | T:+91-731-6790000,6669900

CapitalStars Financial Research Financial Advisory   

CS PERFORMANCE TODAY'S 30 July 2015

CS PERFORMANCE TODAY'S

STOCK FUTURES:

FUTURES INTRADAY:

BRITANNIA  FUTURES  BUY  CALL  3  TGT

CASTROLIND   FUTURES BUY CALL   SL TRIGERRED

PREMIUM FUTURES:

BANK  NIFTY  FUTURES  BUY  CALL  SL TRIGERRED

NIFTY FUTURES:

BANK  NIFTY  FUTURES  SELL  CALL  1  TGT

OPTION:

M&M 1320   BUY  CALL SL TRIGERRED 

OPTION PREMIUM:

STOCK CASH:

STOCK CASH INTRADAY:

BANK OF BARODA  BUY  CALL  3  TGT

ZENSAR TECH    BUY  CALL  3  TGT

BRITANNIA  LTD   BUY  CALL  2  TGT

M&M  BUY CALL  EXIT AT 1343.50

OBC    BUY  CALL  COST EXIT 

STOCK CASH PREMIUM : 

SKS MICRO FINANCE  BUY  CALL  2 TGT

APOLLO TYRE  BUY  CALL  COST EXIT

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. CapitalStars also aveliable on social network

• CapitalStars Twitter
• CapitalStars Linkedin
• CapitalStars Facebook

CapitalStars is a research house and an investment advisory company carrying out operations in the Indian Equities and commodity market. We generate intraday as well as delivery calls in Stock cash and F&O in NSE & BSE, Commodities including bullions, metals & Agro- commodities traded in MCX and NCDEX.

www.capitalstars.com | T:+91-731-6790000,6669900

CapitalStars Financial Research Financial Advisory Services