|
BASE METAL WRAP: Copper steadied on Monday as investors awaited a deluge of U.S. economic data that could signal a delay to when the United States might start tapering its monetary stimulus, but signs of rapid growth in supply of the metal kept a lid on gains. Nickel prices climb on Indonesia export ban hopes. Backlog of US data due from Tuesday with Sept jobs report. US home resales fell 1.9 percent in September. ENERGY WRAP: West Texas Intermediate oil traded below $100 a barrel for a second day after stockpiles rose to a 15-week high in the U.S., the world's biggest consumer of crude. Futures slipped as much as 0.4 percent in New York after dropping yesterday to the lowest price since July. Crude inventories increased by 4 million barrels in the week ended Oct. 11 to 374.5 million, data from the Energy Information Administration show. PRECIOUS METAL WRAP: Gold held losses for a third day before U.S. employment data that may provide clues on the timing of a reduction in stimulus by the Federal Reserve. Palladium rose a fifth day, the longest rally in a month. GLOBAL EVENTS TO WATCH: Non-Farm Employment Change, Unemployment Rate, Average Hourly Earnings m/m, TIC Long-Term Purchases, Construction Spending m/m, Richmond Manufacturing Index, Natural Gas Storage. Bullions Commodity Market Strategy 22nd OC CS COPPER (NOV.) OVERVIEW: TREND CONSOLIDATE SUP1:449 SUP2:446 RESIST1:456 RESIST2:459 TRADING STRATEGY: BUY ON DIPS CAPITALSTARS.COM +919200099927 CS CRUDE (NOV.) OVERVIEW: TREND BEARISH SUP1:6060 SUP2:5865 RESIST1:6120 RESIST2:6234 TRADING STRATEGY: SELL ON RISE CAPITALSTARS.COM +919200099927 CS GOLD (DEC.) OVERVIEW: TREND CONSOLIDATE SUP1:29070 SUP2:28750 RESIST1:29890 RESIST2:30380 TRADING STRATEGY: BUY ON DIPS CAPITALSTARS.COM +919200099927 CS SILVER (DEC.) OVERVIEW: TREND CONSOLIDATE SUP1:48850 SUP2:47980 RESIST1:49880 RESIST2:50130 TRADING STRATEGY: BUY ON DIPS CAPITALSTARS.COM +919200099927 Agri Commodity Market Strategy 22nd OCT CS CHANA (NOV.) OVERVIEW: TREND BEARISH SUP1:2984, SUP2:2950, RESIST1:3082, RESIST2:3108. TRADING STRATEGY: SELL ON RISE. CAPITALSTARS.COM +919200099927 +919977499927 CS JEERA (NOV.) OVERVIEW: TREND BEARISH SUP1:12500, SUP2:12410, RESIST1:12740, RESIST2:12800, TRADING STRATEGY: SELL ON RISE. CAPITALSTAR0S.COM +919200099927, +919977499927 CS TURMERIC (NOV.) OVERVIEW: TREND CONSOLIDATE SUP1:4810, SUP2:4650, RESIST1:4960, RESIST2:5150, TRADING STRATEGY: SELL ON RISE. CAPITALSTARS.COM +919200099927, +919977499927 CS SOYABEAN (NOV.) OVERVIEW: TREND CONSOLIDATE SUP1:3490, SUP2:3425, RESIST1:3560, RESIST2:3600. TRADING STRATEGY: BUY ON DIPS. CAPITALSTARS.COM +919200099927, +919977499927 Take a free Trial for intraday as well as positional calls in stock cash and gain a profit in stock and commodity market. We provide 2 days Free trial to our client for stock tips and commodity tips. Fill the free Trial form and start earning in your trading. www.capitalstars.com/freetrials.php
Related Articles -
commodity tips, best commodity tips, mcx tips,
|
