Sidebar One
We provide 8 to 10 positional calls per Quarterly in Stock Cash, Futures & Options with Big targets and small stop loss.You can also avail Free Stock Tips for two days to test our accuracy and if satisfied you can join stock cash services with us.
Text Widget
Having trouble locating your solution? We recommend that you use our most CS King Services or Resource links below. These links provide answers to the most commonly asked questions and support tools. If you don’t find your answer within these resources, use the Site Search option at the top of the page.
Fill A Free Trial Form To See Our Magical Calls For 2 Days
Daily MCX News 21 July 2015
Daily MCX News
BULLION:
Gold held near its lowest level in more than five years
early on Tuesday after tumbling more than 4 percent the session
before in an early-Asia rout, pulling bullion below the key $1,100
support. Monday's selloff began shortly after the Shanghai Gold
Exchange opened trading when liquidity was thin and investors are
eyeing the bourse for any further selling pressure. Within two
minutes, an estimated 33 tonnes of gold in Shanghai and New York
worth $1.3 billion changed hands. A lack of liquidity, with Japanese
markets closed for a holiday, hastened the slide.
36% of major copper plate/sheet, strip and foil
producers in China expect copper prices to fall in the short term,
SMM’s recent survey indicates. Greece officials spoke that Greek
has paid EUR 4.2 billion to the European Central Bank and EUR 2
billion to the International Monetary Fund (IMF). IMF also expressed
that Greek has paid off its debts to IMF and IMF will continue to
support Greek’s economy growth. German’s PPI for June fell 0.1%
MoM and 1.4% YoY, on par with forecasts. Euro zone’s unseasonal
current account balance late May came in at EUR 3.4 billion, with
previous value of EUR 22 billion. The Deutsche Bundes bank issued a
monthly report which read that German’s economy growth is healthy.
Crude oil prices dipped in early
Asia on Tuesday amid a generally bearish supply outlook and ahead of
industry data on U.S. stockpiles. Later, the American Petroleum
Institute will releases its estimates of crude and refined product
stocks at the end of last week. On Wednesday, more closely-watched
data by the U.S. Department of Energy is due. U.S. crude output has
remained near record-highs over the last several months. Though U.S.
production fell slightly last week to 9.562 million barrels per day
it is still more than 1.1 million bpd higher than the average level
from July, 2014.
CS GOLD (AUGUST) OVERVIEW:
TREND
:BEARISH
RESIST
2: 25635
RESIST
1: 25500
SUP
1: 25020
SUP
2: 24830
STRATEGY:
SELL ON RISE
|
|
|
CS SILVER (SEPTEMBER) OVERVIEW:
TREND
:BEARISH
RESIST
2:34985
RESIST
1:34500
SUP1:33480
SUP2:33190
STRATEGY
: SELL ON RISE
|
|
|
CS CRUDE OIL (JULY) OVERVIEW:
|
TREND
:BEARISH
RESIST
2:3315
RESIST
1:3295
SUP1:3185
SUP2:3125
STRATEGY:
SELL ON RISE
|
|
CS NATURAL GAS (JULY) OVERVIEW:
TREND
:BEARISH
RESIST
2:186
RESIST
1:184
SUP1:
180
SUP2:178
STRATEGY:
SELL ON RISE
|
|
|
BASE METAL
CS COPPER (AUGUST ) OVERVIEW:
TREND
:BEARISH
RESIST
2:357
RESIST
1:354
SUP1:349
SUP2:347
STRATEGY:
SELL ON RISE
COMMODITY PICK OF THE DAY: MCX GOLD
MCX CRUDE OIL AUGUST Monday as seen in the daily chart opened at 3260 levels and day high of 3294 levels. During this period price corrected & made day low of 3223 levels finally closed at 3232 levels. Now, there are chances of further downward movement technically & fundamentally.
American Petroleum Institute will releases its estimates of crude and refined product stocks. U.S. crude output has remained near record-highs over the last several months. Though U.S. production fell slightly last week to 9.562 million barrels per day it is still more than 1.1 million bpd higher than the average level from July, 2014.
DAILY RECOMMENDATION:
SELL MCX CRUDE OIL AUGUST BELOW 3225 LEVELS
FOR TARGET OF T1 3125/T2 3075 WITH SL OF 3325 LEVELS.
|
Get real time advice for Stock Market, Forex, Comex. Stock trading tips, Forex, Commodity Onlinelike gold, silver, intraday bullion trading, copper, crude trading tips and all market updates. Our Special Services like Equity King, Bullion King & Agri King. We Provide Stock trading tips. For 2 Days Free Trial, please visit our site……
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 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
|
|
|
|
Crude oil prices dipped in early
Asia on Tuesday amid a generally bearish supply outlook and ahead of
industry data on U.S. stockpiles. Later, the American Petroleum
Institute will releases its estimates of crude and refined product
stocks at the end of last week. On Wednesday, more closely-watched
data by the U.S. Department of Energy is due. U.S. crude output has
remained near record-highs over the last several months. Though U.S.
production fell slightly last week to 9.562 million barrels per day
it is still more than 1.1 million bpd higher than the average level
from July, 2014.