Daily Market Reflection

10th February 2017

Market Outlook COMDEX

Gold prices rose modestly on Thursday, holding near the prior
session's three-month high amid growing concerns over political
risks in Europe and economic uncertainty in the U.S.Prices of
the yellow metal rallied to $1,246.60 on Wednesday, the highest
since November 11. The U.S. dollar index, which measures the
greenbacks strength against a trade-weighted basket of six
major currencies, was up 0.2% at 100.34 in early trade, keeping
distance from last week's two-month low of 99.19.Oil prices rose
on Thursday, supported by an unexpected draw in U.S. gasoline
inventories. Market Updates
MCX Date Date % Chg
08-02-17 09-02-
Fundamental News 17
GOLD 29278 29128 -0.69%
Uncertainty about European politics has boosted gold in recent SILVER 42245 42100 -0.58%
sessions. Polls this week have shown German Chancellor COPPER 394.15 390.80 -0.93%
Angela Merkel falling behind a candidate from the country's CRUDE 3517 3547 +0.94%
Social Democrats in this year's elections scheduled to take ALUMINIUM 123.30 123.05 -0.12%
LEAD 160.15 155.80 -2.87%
place in September.
NICKEL 701.60 686.20 -2.24%
U.S. commercial crude inventories soared by 18.8 million ZINC 190.90 188.80 -1.07%
NATURALGAS 212.10 208.90 -1.37%
barrels to 508.6 million barrels high fuel inventories as well as
rising U.S. crude production mean that oil markets will remain COMEX Date Date % Chg
over-supplied. 8-02-17 09-02-17
GOLD 1239.50 1234.65 -0.39%
Important Data SILVER 17.705 17.703 -0.01%
CRUDE 52.34 53.06 +1.36%
Time Currency Event Forecas Previou COPPER 2.667 2.652 -0.58%
t s $ INDEX 100.14 100.56 +0.42%
Manufacturing USDINR 67.3700 66.9700 -0.59%
3:00pm GBP 0.3% 1.3%
Production m/m
Employment OUR PREVIOUS CALLS UPDATE
7:00pm CAD 53.7K
Change Intraday super star
Unemployment Date Commodity Entry Exit P/L
7:00pm CAD 6.9%
Rate 9/2 SOYARBEA - - -
N
7:00pm USD Import Prices m/m 0.4% 0.4% Multibagger
Date Commodity Entry Exit P/L
Prelim UoM 9/2 ZINC 191.30 189.80 -7500
8:30pm USD Consumer 97.9 98.5 Trifid special
Sentiment Date Commodity Entry Exit P/L
Prelim UoM 9/2 CRUDE - - -
8:30pm USD Inflation 2.6% For our next calls click here..
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 Gold and Silver

GOLD COMEX GOLD

Gold showed bearish movement and found the important

support level of 29000. Now if it will maintain above the
PIVOT S1 S2 R1 R2
S important resistance level of 29300 then 29500 will act
MCX 29000 28800 29300 29500 as next resistance level. On the other hand 28900 will
COME 1228 1215 1245 1260 act as a major support level.

SILVER COMEX SILVER

Silver showed bearish movement and found the

PIVOTS S1 S2 R1 R2 important support level of 41850. Now if it will maintain
above 42250 then 43000 will act as next resistance
MCX 41800 41300 42350 42850
level. On the other hand 41500 will act as a major
COMEX 17.50 17.35 17.85 18.00
support level.

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 Crude and Copper

CRUDE COMEX CRUDE

Crude showed sideways to bullish movement and found

PIVOTS S1 S2 R1 R2 the important resistance level of 3555. Now if it will
close above the important resistance level of 3560 then
MCX 3490 3440 3556 3600
3600 will act as next resistance level. On the other hand
COMEX 52.40 51.80 53.50 54.20
3500 will act as a major support level.

.
COPPER COMEX COPPER

Copper showed bearish movement and found the

important support level of 388. Now if it will close below
PIVOTS S1 S2 R1 R2
the important support level of 387 then 380 will act as
MCX 387 380 395 401 next support level. On the other hand 395 will act as a
COMEX 2.6200 2.6000 2.6600 2.6800 major resistance level.

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 Other Commodities

PIVOT

COMMODITIE S1 S2 R1 R2 VOLUME OI TREND

S

ALUMINIUM 120 118 125 127 4362 2003 Bearish

LEAD 155 153 158 160 13948 2057 Bearish

NICKEL 680 660 710 725 29076 19856 Bearish

ZINC 188 185 192 195 22573 7243 Bearish

NATURAL GAS 208 205 213 216 53492 7556 Bearish

LME INVENTORY
dasdasdinkjjlfcnl
Due to Summer
COMMODITIES Bank Holiday NO LME
03/02/2017 DATA TODAY
6/02/2017 7/02/2017 8/02/2017 9/02/2017

ALUMINIUM -7024 -6875 +5525 -9250 -7900

COPPER -2351 -3425 -275 +1275 -3200

LEAD -152 +100 +100 -425 -75

NICKEL -149 +102 +1116 -48 -660

ZINC -1826 -3150 -2800 -1450 -1050

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 Agri Commodity Updates

GUARSEED
Guarseed found the important support level of 3275
and showed sideways to bearish movement. If prices
sustains below 3270 level in next trading session
then this bearish momentum can take prices to 3250
level. If it breaks the resistance level of 3330 then
3375 will act as next resistance level.

PIVOTS S1 S2 R1 R2

3270 3230 3330 3380

JEERA
Jeera showed bearish movement today and found
the support level of 17150. If prices sustain below
17100 levels in next trading session then this
bearish momentum can take prices to 16800 levels.
If it breaks the resistance level of 17600 then 17900
will act as next resistance level.

PIVOTS S1 S2 R1 R2

17100 16800 17600 17900

SOYABEAN
Soyabean showed bearish movement and found the
important support level of 3075. If prices sustain
below 3070 level in next trading session then this
bearish momentum can take prices to 3050 level. If
it breaks the resistance level of 3100 then 3130 will
act as next resistance level.

PIVOTS S1 S2 R1 R2

3070 3030 3100 3130

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 Intraday Super Star
(Premium Section)

CALL: SELL SILVER BELOW 41850 TARGETS 41550/41250 SL 42300.

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 Multibagger Call
(Premium Section)

CALL: SELL COPPER BELOW 387 TARGETS 382/377 SL 395.

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 Trifid Special
(Premium Section)

CALL: SELL LEAD BELOW 155.00 TARGET 153/150 SL 158.

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