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Get real time advice for Stock Market, Forex, COMEX, Stock trading tips, Forex, Commodity like gold, silver, copper, crude trading tips and all market updates. We Provide Stock trading tips. For 2 Days Free Trial, please visit our site …………..http://www.capitalstars.comCall at 0731-6790000, 6669900

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  • www.capitalstars.com | CapitalStars Research

    26/11/2015

    s

    www.capitalstars.com | Ca

    DAILY MCX NEWSLETTER

    www.capitalstars.com | CapitalStars Research

  • BULLION:

    Gold hovered close to its lowest in nearly six years on Thursday, as the dollar

    held at multi-month highs and U.S. economic data reinforced market

    expectations of an interest rate hike this year. Data on Wednesday showed that

    U.S. manufacturing output rose well above economists' expectations in

    October, while business spending plans surged. New applications for

    unemployment benefits dropped last week. Asian shares advanced in early

    trade on Thursday, while growing bets the European Central Bank was gearing

    up to deliver further stimulus steps kept the euro under pressure.

    BASE METAL: Market is lacked in major reports on Thursday.

    LME copper will move between USD 4,520-

    4,580/mt during Asian trading hours Thursday. US

    current economic situation is enough to support

    rate hike next month. US housing market,

    manufacturing industry and income situation

    continue to point upwards. Economy in euro zone

    improved slightly currently but the Europe Central

    Bank (ECB) is still expected to continue with more

    easing monetary policy in December. The ECB

    reportedly will expand its bond buying program

    overnight. In response, euro tumbled and US

    dollar refreshed a new high.

    ENERGY:

    Brent and U.S. crude oil futures traded nearly flat on Thursday on light trading due to the U.S. Thanksgiving holiday. U.S. crude

    edged higher earlier in the day, supported by a smaller-than-expected build in U.S. inventories. Stocks rose 1 million barrels in the

    week to Nov. 20, the ninth consecutive week, compared with analyst expectations for a 1.2 million barrel rise, according to the U.S.

    Energy Information Administration. Asian stocks advanced in early trade on Thursday as the euro remained under pressure on

    growing bets that the European Central Bank would deliver further stimulus steps. U.S. markets will be closed Thursday and most of

    Friday afternoon.

    www.capitalstars.com | CapitalStars Research

  • CS GOLD (DECEMBER) OVERVIEW:

    TREND : BULLISH RESIST 2: 25490 RESIST 1: 25380

    SUP 1: 25140 SUP 2: 25075

    STRATEGY: BUY ON DIPS

    CS SILVER (DECEMBER) OVERVIEW:

    TREND : BULLISH RESIST 2: 34450 RESIST 1: 34180

    SUP1: 33550 SUP2: 33400

    STRATEGY : BUY ON DIPS

    CS CRUDE OIL (DECEMBER) OVERVIEW:

    TREND : BULLISH

    RESIST 2:2950 RESIST 1:2920

    SUP1:2850 SUP2:2810

    STRATEGY: BUY ON DIPS

    CS NATURAL GAS (DECEMBER) OVERVIEW:

    TREND :BEARISH

    RESIST 2:158 RESIST 1:155

    SUP1: 151 SUP2:149

    STRATEGY: SELL ON RISE

    BULLION & ENERGY

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  • CS COPPER (NOVEMBER) OVERVIEW:

    TREND :BULLISH

    RESIST 2:314 RESIST 1:310

    SUP1:300 SUP2:297

    STRATEGY: BUY ON DIPS

    Get real time advice for Stock Market, Forex, COMEX, Stock trading tips, Forex,

    Commodity like gold, silver, copper, crude trading tips and all market updates.

    We Provide Stock trading tips. For 2 Days Free Trial, please visit our site ..

    http://www.capitalstars.com

    Call at 0731-6790000, 6669900

    BASE METAL

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  • MCX CRUDE OIL Dec., Monday as seen in the daily chart opened at 2870 levels and day high

    of 2871 levels. During this period price corrected & made day low of 2792 levels finally

    closed at 2860 levels. Now, there are chances of further upward movement technically &

    fundamentally.

    Energy Information Administration. Asian stocks advanced in early trade on Thursday as the euro remained under pressure on growing bets that the European Central Bank would deliver further stimulus steps. U.S. markets will be closed Thursday and most of Friday afternoon.

    DAILY RECOMMENDATION: BUY MCX CRUDE OIL DEC., ABOVE 2870 LEVELS FOR TARGET OF

    T1 2970/T2 3000 WITH SL OF 2770 LEVELS.

    www.capitalstars.com | CapitalStars Research

    COMMODITY PICK OF THE DAY: CRUDE OIL

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