We provide 90 % Accurate Free Trading Tips, Commodity Trading Tips, Commodity Tips for Gold, Silver and Commodity calls Get daily markets point of views and Trade Calls Sign Up Today For Free Trial. Hurry Up !!.

DAILY MCX COMMODITY MARKET NEWS & LEVELS 27 SEP 2016

Best MCX Tips, Commodity Trading Tips, Copper Tips, crude oil tips, gold trading tips, Mcx Commodity Tips, MCX tips services,

HIGH LIGHTS:-

  • LME Copper to Stay Range-Bound.
  • Gold prices down in Asia as BoJ July minutes noted, U.S. debate ahead.
  • Oil prices slip on profit-taking as investors await U.S. stockpile data.
PRECIOUS METALS:- 
Gold drifted weaker in Asia on Tuesday as minutes from the Bank of Japan's July meeting showed an easing push and investors awaited the outcome of a debate between the two main candidates for president in the U.S.Gold for December delivery on the Comex division of the New York Mercantile Exchange fell 0.21% to $1,341.25 a troy ounce.
Overnight, gold prices swung between small gains and losses during North America's session on Monday, remaining near a two-week high as investors' attention turned from central banks to American politics ahead of the first U.S. presidential debate.

PRECIOUS LEVEL

CS GOLD (OCT) OVERVIEW:
TREND : BEARISH
RESIST 2: 31450
RESIST 1: 31350
SUP 1: 31050
SUP 2: 30850
CS SILVER (DECEMBER) OVERVIEW:
TREND : BEARISH
RESIST 2: 46850
RESIST 1: 46670
SUP1: 45870
SUP2: 45450

BASE METALS:-
LME copper will range at USD 4,820-4,865/mt on Tuesday and SHFE 1611 copper should fluctuate at RMB 37,650-37,900/mt.
A series of major economic indicators are due for release today from China and the US. The US dollar index weakened overnight, while crude oil rose. Base metals fell at first and then climbed, mostly closing with gains. Base metals are expected to report big volatility today.
Value-added at China’s large industrials accelerated on a year-on-year basis. And prices of some energy and raw material climbed, boding well for profit at China’s large industrials in August. Stabilizing fixed asset investment and improving property market in August will also lend a boost.

BASE METAL LEVELS
CS COPPER (NOVEMBER) OVERVIEW:
TREND :BEARISH
RESIST 2:329
RESIST 1:327
SUP1:322
SUP2:320
CS NICKEL (SEPTEMBER) OVERVIEW:
TREND : BEARISH
RESIST 2:705
RESIST 1:695
SUP1:680
SUP2:670

CS ZINC (SEPTEMBER) OVERVIEW:
TREND :SIDEWAYS
RESIST 2:153.50
RESIST 1:152.30
SUP1:150.50
SUP2:149.50

CS LEAD (SEPTEMBER) OVERVIEW: 
TREND : SIDEWAYS
RESIST 2:131.00
RESIST 1:130.00
SUP1:127.50
SUP2:126.30
CS ALUMINIUM (SEPEMBER) OVERVIEW: 
TREND : BULLISH
RESIST 2:111.50
RESIST 1:110.50
SUP1:108.70
SUP2:108.00

ENERGIES:- 
Crude futures slipped in Asian trade on Tuesday as investors took profits after prices climbed more than 3 percent in the previous session.
The dollar was also weighing on oil prices after rising against a basket of currencies, suggesting markets were judging Democrat Hillary Clinton as the winner in the first U.S. presidential debate with Republican candidate Donald Trump.
A stronger greenback makes commodities like crude that trade on a dollar basis more expensive for consumers that pay in other currencies.
Expectations of a build in U.S. crude stockpiles last week, according to a Reuter’s poll, also pressured prices amid concerns of a global oversupply.

ENERGY LEVELS
CS CRUDE OIL (OCTOBER) OVERVIEW:   
                        
TREND :BULLISH
RESIST 2:3170
RESIST 1:3120
SUP1:3000
SUP2:2970
CS NATURAL GAS (OCTOBER) OVERVIEW: 
TREND :BULLISH
RESIST 2:209.00
RESIST 1:207.00
SUP1:202.00
SUP2:200.00


             CLICK HERE FOR DETAILS - http://blog.capitalstars.com/

MCX COMMODITY MARKET NEWS & UPDATES - 26 SEP 2016

Best MCX Tips, Commodity Trading Tips, Copper Tips, crude oil tips, gold trading tips, Mcx Commodity Tips, MCX tips services,

GOLD:
My assessment is that if it weren’t for the Fed, gold futures would have breached the psychological $1300.00 level and ended up about $30.00 lower. Instead, bullish gold investors have the central bank to thank for last week’s solid gains.

The market posted its biggest weekly advance since July after the Fed opted to leave interest rates unchanged while cutting its economic forecast and reducing the number of expected rate hikes in the future.

Although the daily chart pattern appears to show a massive short-covering rally took place, data from Bloomberg showed that investors added at least 6.3 metric tons to exchange-traded funds backed by gold last week.
The price action suggests that the aggressive buyers from earlier in the year may be gone, but there are new buyers coming back in who are willing to defend the market on corrections into value zones. One may even argue that the rally earlier in the year was overdone since it came on the heels of the last Fed rate hike. So we’ll be watching this week to see if gold can follow-through to the upside after last week’s gains.
The gold market could prove to be interesting this week. On one hand, we have the technical analysts who cite the series of descending tops and bottoms as two reasons why we can expect to see lower prices.

We also have those who believe that since it is a competing asset for investment capital with stocks, that its upside will be limited as long as the equity indices remain at or near all-time highs.

Then we have the bulls who are saying that as long as the Fed is being cautious about raising rates, and while it is cutting its economic forecasts and reducing the number of rate hikes in the future, the gold market has strong upside potential because after all, these legitimate concerns are enough to raise uncertainty levels which makes gold a good investment.


I tend to look at gold this way. It’s range bound. I think that as long as there is demand for higher yielding assets like stocks or the Australian Dollar, gold’s upside will be limited. However, gold prices will continue to be supported if the U.S. Dollar remains under pressure because of a steady flow of foreign demand.

CRUDE OIL:
At one point on Friday, crude oil futures were down over 4 percent, cutting into most of its weekly gains, as traders reacted viciously to a report that Saudi Arabia did not expect an agreement at talks next week among major crude exporters aimed at freezing production.
The selling was triggered after Bloomberg reported that the Saudi’s did not expect a “decision” at the informal meeting set for Algiers on September 26 to September 28.
Because of the volatility created by Friday’s price action, I believe investors are going to play the market tight on Monday, setting up the possibility of an inside range. Of course, there are going to be stories coming out of the informal meeting so we could see some volatility due to headline reactions.

The headline the bullish traders would like to see is one that says Saudi Arabia and Iran are discussing a production freeze. Then I’d like to see a headline that says Russia is brokering a deal between Saudi Arabia and Iran.

Because just like the discussions in Doha in April, I don’t think a deal will get done unless Saudi Arabia and Iran are on the same page.

Copper:
LME Copper rose last Friday with positions opening by longs but then met resistance because there was no more positive news. LME copper will fluctuate at USD 4,840-4,875/mt on Monday and SHFE 1611 copper will range between RMB 37,650-37,950/mt.  In China’s domestic market, spot copper should be traded at premiums of RMB 100-120/mt on Monday.

ALUMINIUM:
China Aluminum International Trading Co. (Chalco Trading) announced big hike in aluminum prices it offered in major markets today, it said on its WeChat.
LEAD:
After 6 years of exploration, Xinjiang announced it found a world-class ultra-large lead-zinc mine September 25.
In China’s domestic market, demand at downstream battery producers may increase with the upcoming China’s National Day Holidayduring October 1-7 while supply of spot lead remains tight, helping lead price up. But with expected declines in SHFE lead, spot lead may drop by RMB 25/mt to RMB 14,400-14,550/mt today.
NICKEL:
Nickel prices are expected to get a boost as Philippine’s major ore producing region will enter the monsoon season soon.
What months are the rainy season in the Philippines?
A lot of rain (rainy season) falls in the months: May, June, July, August, September, October and November. Manila has dry periods in January, February, March and April. On average, the warmest month is May. On average, the coolest month is December. 
Nickel ore inventories at seven major Chinese ports dropped in the week ending Sep. 23.




             CLICK HERE FOR DETAILS - http://blog.capitalstars.com/

DAILY MCX COMMODITY MARKET NEWS & LEVELS - 26 SEP 2016


HIGH LIGHTS:-

  • LME Copper to See Range-Bound Trading.
  • Oil prices rebound after Algeria says all options open at OPEC meeting.
  • Gold prices edge higher in Asia as busy week looms on central bank views.
PRECIOUS METALS:- 
Gold edged up in Asia on Monday with a busy week of central bank remarks ahead and what is expected to be a record audience for the first debate between the top two contenders for the U.S. presidency.Gold for December delivery on the Comex division of the New York Mercantile Exchange rose 0.04% to $1,342.25 a troy ounce.
A pair of speeches from European Central Bank President Mario Draghi will be in focus for fresh hints on whether the ECB will step up monetary stimulus in the coming months to boost inflation and prop up the economy.

PRECIOUS LEVEL

CS GOLD (OCT) OVERVIEW:
TREND : BEARISH
RESIST 2: 31630
RESIST 1: 31500
SUP 1: 31150
SUP 2: 30950
CS SILVER (DECEMBER) OVERVIEW:
TREND : BEARISH
RESIST 2: 47700
RESIST 1: 47300
SUP1: 46150
SUP2: 45800
BASE METALS:-
LME copper will fluctuate at USD 4,840-4,875/mt on Monday and SHFE 1611 copper will range between RMB 37,650-37,950/mt.A series of major economic indicators will be released from Europe and US this week. Volatility in oil prices will add to uncertainty over base metals.Caixin’s September manufacturing PMI for China is not pessimistic, despite a 0.6% decline in August compared to July. Domestic industrial power consumption improved in August, and value added at industrials picked up to 6.3% YoY. 
The Fed left interest rate unchanged at its September policy meeting, with market expectations toward a Fed rate hike in December growing. Fed Chairwoman Janet Yellen’s statement will affect the US dollar movement.
BASE METAL LEVELS
CS COPPER (NOVEMBER) OVERVIEW:
TREND :BULLISH
RESIST 2:333
RESIST 1:329
SUP1:326
SUP2:323
CS NICKEL (SEPTEMBER) OVERVIEW:
TREND : BULLISH
RESIST 2:715
RESIST 1:710
SUP1:690
SUP2:685
CS ZINC (SEPTEMBER) OVERVIEW:
TREND :BEARISH
RESIST 2:152.50
RESIST 1:151.50
SUP1:149.30
SUP2:148.50
CS LEAD (SEPTEMBER) OVERVIEW: 
TREND : BEARISH
RESIST 2:129.30
RESIST 1:128.90
SUP1:126.00
SUP2:124.80
CS ALUMINIUM (SEPEMBER) OVERVIEW: 
TREND : BULLISH
RESIST 2:110.00
RESIST 1:109.00
SUP1:107.20
SUP2:106.00

ENERGIES:- 
Crude prices rebounded on Monday after Algeria's energy minister said the day before that all options were possible for an oil output cut or freeze at this week's informal meeting of OPEC producers.
That came after prices tumbled 4 percent on Friday amid signs Saudi Arabia and Iran were making little progress in achieving preliminary agreement to freeze production.
Members of the Organization of the Petroleum Exporting Countries will meet on the sidelines of the International Energy Forum in Algeria from Sept. 26-28, where they will discuss a possible output-limiting deal.
ENERGY LEVELS
CS CRUDE OIL (SEPTEMBER) OVERVIEW:   
                        
TREND :BEARISH
RESIST 2:3100
RESIST 1:3050
SUP1:2930
SUP2:2900
CS NATURAL GAS (SEPTEMBER) OVERVIEW: 
TREND :BEARISH
RESIST 2:203.00
RESIST 1:200.00
SUP1:195.00
SUP2:194.00

             CLICK HERE FOR DETAILS - http://blog.capitalstars.com/

US मार्केट में गिरावट, क्रूड कीमतों में दबाव का असर

US मार्केट में गिरावट, क्रूड कीमतों में दबाव का असर,  stocks news in hindi
शुक्रवार के कारोबार में अमेरिकी स्टॉक मार्केट गिरावट के साथ बंद हुए हैं। प्रमुख इंडेक्स में गिरावट क्रूड कीमतों में दबाव की वजह से देखने को मिला है। क्रूड के फिसलने से एनर्जी स्टॉक्स में तेज गिरावट देखने को मिली जिससे प्रमुख इंडेक्स में दबाव बढ़ गया। हालांकि हफ्ते के दौरान अमेरिकी स्टॉक मार्केट में निवेशकों को पॉजिटिव रिटर्न मिला है।

शुक्रवार के कारोबार में डाओ जोंस 0.7 फीसदी, एसएंडपी 0.6 फीसदी और नैस्डेक 0.6 फीसदी गिरावट के साथ बंद हुआ है।.शुक्रवार को क्रूड कीमतों में 4 फीसदी की गिरावट देखने को मिली है। जिसके बाद एनर्जी सेक्टर के स्टॉक्स में बिकवाली हावी हो गई। एनर्जी सेक्टर के स्टॉक्स में 5 फीसदी की गिरावट देखने को मिली है।शुक्रवार के कारोबार में एनर्जी सेक्टर इंडेक्स 1.18 फीसदी की गिरावट रही है।.शुक्रवार को फेसबुक में 1.64 फीसदी, एपल में 1.68 फीसदी और याहू में 3.26 फीसदी की गिरावट देखने को मिली है। वहीं ट्विटर के स्टॉक में शुक्रवार को 21 फीसदी.की बढ़त देखने को मिली है। स्टॉक में बढ़त उन खबरों के बाद दर्ज हुई जिसके मुताबिक कंपनी बिक्री से जुड़े विकल्पों पर विचार कर रही है।


शुक्रवार की गिरावट के बावजूद हफ्ते के दौरान डाओ जोंस में 0.8 फीसदी, एसएंडपी 500 और नैस्डेक में 1.2 फीसदी की बढ़त देखने को मिली है। हफ्ते की बढ़त फेडरल रिजर्व द्वारा दरों में कोई बढ़त न करने की वजह से दर्ज हुई है। 



             CLICK HERE FOR DETAILS - http://blog.capitalstars.com/

MCX COMMODITY MARKET TIPS & LEVELS - 23 SEP 2016


HIGH LIGHTS:-

  • Brent, NYMEX weaker in Asia as recent gains retraced, rig count data up.
  • Gold prices mostly steady in Asia as recent gains capped.
  • LME Copper to Face Downward Pressure.
PRECIOUS METALS:- 
Gold for December delivery on the Comex division of the New York Mercantile Exchange showed small gains and losses on Friday, last trading at $1,340.95 a troy ounce, up 0.02%.
Overnight, gold prices extended overnight gains during North America's session on Thursday, touching a fresh two-week peak as the U.S. dollar sold off after the Federal Reserve held off on raising interest rates and scaled back the number of rate hikes it expects next year.
The Fed left interest rates unchanged at the conclusion of its policy meeting on Wednesday, but hinted that a hike could come in December if the job market continued to improve.

PRECIOUS LEVEL

CS GOLD (OCT) OVERVIEW:
TREND : BULLISH
RESIST 2: 31630
RESIST 1: 31500
SUP 1: 31150
SUP 2: 30950
CS SILVER (DECEMBER) OVERVIEW:
TREND : BEARISH
RESIST 2: 48300
RESIST 1: 47700
SUP1: 46500
SUP2: 45800
BASE METALS:-
LME copper should stabilize at USD 4,815-4,855/mt on Friday and SHFE 1611 copper will range between RMB 37,500-37,850/mt.
Base metals should see diverging trend on Friday with focus on September flash manufacturing PMI from US and euro zone and France’s final annualized Q2 GDP.  
The flash reading of manufacturing PMI from euro zone should be stable in September. But the figure in euro-zone countries was soft in recent months, which may be affected by slowdown in new orders due to UK’s exit from EU. As such, there is possibility for the figure to slow future in September.
BASE METAL LEVELS
CS COPPER (NOVEMBER) OVERVIEW:
TREND :BULLISH
RESIST 2:333
RESIST 1:329
SUP1:322
SUP2:320
CS NICKEL (SEPTEMBER) OVERVIEW:
TREND : BULLISH
RESIST 2:715
RESIST 1:710
SUP1:690
SUP2:685
CS ZINC (SEPTEMBER) OVERVIEW:
TREND :SIDEWAYS
RESIST 2:154.50
RESIST 1:153.30
SUP1:150.60
SUP2:149.60
CS LEAD (SEPTEMBER) OVERVIEW: 
TREND : BEARISH
RESIST 2:131.20
RESIST 1:130.00
SUP1:127.80
SUP2:126.80
CS ALUMINIUM (SEPEMBER) OVERVIEW: 
TREND : BULLISH
RESIST 2:110.00
RESIST 1:109.00
SUP1:107.00
SUP2:106.00
ENERGIES:- 
Crude prices fell in Asia on Friday, retracing recent gains built on a surprise stockpile drop and looking ahead to U.S. with rig count data slated.
Crude oil for November delivery on the New York Mercantile Exchange fell 1.08% to $45.82 a barrel. 
Overnight, oil prices extended sharp overnight gains during North American hours on Thursday, as a broadly weaker U.S. dollar and easing concerns over a slowdown in U.S. crude demand boosted sentiment.
Another supportive factor was an oil workers' strike in Norway, which threatened to cut North Sea crude output.
ENERGY LEVELS
CS CRUDE OIL (SEPTEMBER) OVERVIEW:   
                        
TREND :BEARISH
RESIST 2:3150
RESIST 1:3120
SUP1:3030
SUP2:3000
CS NATURAL GAS (SEPTEMBER) OVERVIEW: 
TREND :BEARISH
RESIST 2:205.00
RESIST 1:203.00
SUP1:197.00
SUP2:194.00


             CLICK HERE FOR DETAILS - http://blog.capitalstars.com/