PINNACLE FINANCIAL SERVICES

DAILY EQUITY REPORT

MCX DAILY REPORT
10/03/2015

21ST AUGUST 2015

WWW.PINNACLEFINANCIAL.IN
pinnaclefinancial.in@gmail.com
919039035252

PINNACLE FINANCIAL SERVICES

DAILY EQUITY REPORT
10/03/2015

METALS & ENERGY UPDATE

The U.S. National Association of Realtors said existing home sales
increased 2 percent to an annual rate of 5.59 million units last
month, the highest pace since February 2007. Rising prices curbed
physical gold demand in India and Chinese buyers, remained
scarce, cutting premiums on bullion sold in the world's top two
consumers. However, gold prices positive on the back of Yuan
devaluation and depreciation in INR and U.S. Federal Reserve
meeting suggested policymakers were in no hurry to raise interest
rates.
The weakening dollar turned as a blessing in disguise for the crude
oil futures and they ended higher on Thursday, mostly on bargain
hunting. Though, any sharp gains were restricted, as markets are
already oversupplied amid the prospect of Iran's oil coming
online. Investors were also concerned over the outlook for the
Chinese economy with fears of muted demand growth for crude
oil. China is the second largest energy consumer in the world.
Nickel futures traded higher on MCX as speculators enlarged their
positions amid rising demand from alloy makers at the spot
market.

WWW.PINNACLEFINANCIAL.IN
pinnaclefinancial.in@gmail.com
919039035252

PINNACLE FINANCIAL SERVICES

DAILY EQUITY REPORT
10/03/2015

TECHNICAL LEVELS:
PRECIOUS METALS
SILVER
SUPPORT1: 36300
SUPPORT2: 35800
RESISTANCE1: 37000
RESISTANCE2: 37500

GOLD
SUPPORT1: 27000

MCX Gold futures closed higher and

continuing its uptrend by violating its
resistance at 26387 levels. It was
begun the day with a positive note
and after it continued the same
bullish trend for the day. Further
rally can be extended towards 27324
& 27600 levels. Any fall can be
utilized to make fresh longs at 26665
levels.

SUPPORT2: 26850
RESISTANCE1: 27325
RESISTANCE2: 27600

ENERGY
CRUDE OIL
SUPPORT1: 2650
SUPPORT2: 2550
RESISTANCE1: 2770
RESISTANCE2: 2850

NATURAL GAS
SUPPORT1: 180
SUPPORT2: 177
RESISTANCE1: 184
RESISTANCE2: 187
WWW.PINNACLEFINANCIAL.IN
pinnaclefinancial.in@gmail.com
919039035252

PINNACLE FINANCIAL SERVICES

DAILY EQUITY REPORT
10/03/2015

BASE METALS
COPPER
SUPPORT1: 336
SUPPORT2: 334
RESISTANCE1: 340
RESISTANCE2: 342

LEAD
SUPPORT1: 111.50
SUPPORT2: 110.50
RESISTANCE1: 113.20
RESISTANCE2: 113.80

WWW.PINNACLEFINANCIAL.IN
pinnaclefinancial.in@gmail.com
919039035252

PINNACLE FINANCIAL SERVICES

DAILY EQUITY REPORT
10/03/2015

CHART OF THE DAY

ALUMINIUM:

ALUMINIUM

BUY ALUMINIUM AUGUST ABOVE 102.60 TARGET 104.00 STOP LOSS

101.50. WWW.PINNACLEFINANCIAL.IN 919039035252

WWW.PINNACLEFINANCIAL.IN
pinnaclefinancial.in@gmail.com
919039035252

PINNACLE FINANCIAL SERVICES

DAILY EQUITY REPORT
10/03/2015

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. Investment in Stocks has its own risks. 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. We,
however, do not vouch for the accuracy or the completeness thereof. This material
is for personal information and we are not responsible for any loss incurred based
upon it & takes no responsibility whatsoever for any financial profit s or loss which
may arise from the recommendations above. The stock price projections shown
are not necessarily indicative of future price performance. The information herein,
together with all estimates and forecasts, can change without notice. Pinnacle
Financial Services does not purport to be an invitation or an offer to buy or sell any
financial instrument. Analyst or any person related to Pinnacle Financial Services
might be holding positions in the stocks recommended. 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. Any surfing and reading of the
information is the acceptance of this disclaimer.
Our Clients (Paid or Unpaid), Any third party or anyone else have no rights to
forward or share our calls or SMS or Report or Any Information Provided by us
to/with anyone which is received directly or indirectly by them. If found so then
Serious Legal Actions can be taken. Any surfing and reading of the information is
the acceptance of this disclaimer.
WWW.PINNACLEFINANCIAL.IN
pinnaclefinancial.in@gmail.com
919039035252

PINNACLE FINANCIAL SERVICES

All Rights Reserved.

DAILY EQUITY REPORT

10/03/2015

WWW.PINNACLEFINANCIAL.IN
pinnaclefinancial.in@gmail.com
919039035252