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Daily Market Reflection

5th October 2016

COMDEX

Market Outlook
Bullion prices fell; hitting their lowest in more than three months
after upbeat U.S. manufacturing data stoked expectations that
the Federal Reserve would hike interest rates by year end and
the stronger dollar also played its role. Bullion may trade
sideways today, to stabilize the fall. Base metals closed lower.
The activity is also dull due to the Chinese holiday this week. Oil
prices fell till noon session on news that Iran and Libya have
continued, to increase production, overshadowing an OPEC
agreement struck last week to freeze output levels in a bid to
stem a two-year price rout. Only energy prices rose yesterday
and may continue their bullish bias today.

Fundamental News
Gold slid more than 2.5 percent on Tuesday to its lowest since
Britain's shock vote to leave the European Union in June, as a
bounce in the dollar after upbeat U.S. data triggered a break of
key support at $1,300 an ounce.
Crude oil trading on highest levels in almost four months this
week, as Opec members pledged to cut output for the first time
since 2008 during the historic meeting in Algiers late last month.
Important Data
Time

Currenc
y

Event

5:45pm

USD

ADP Non-Farm
Employment
Change

6:00pm

CAD

Trade Balance

6:00pm
7:30pm
7:30pm
8:00pm

Foreca
st

Previou
s

166K

177K
-2.5B

Market Updates
MCX
Date
3-10-16
GOLD
30861
SILVER
44893
COPPER
324.75
CRUDE
3246
ALUMINIUM
111.25
LEAD
139.15
NICKEL
687.70
ZINC
160.00
NATURALGAS 194.60
COMEX
Date
3-10-16
GOLD
1312.70
SILVER
18.868
CRUDE
48.81
COPPER
2.192
$ INDEX
95.65

Date
4-10-16
30047
42881
322.20
3265
111.05
137.75
671.70
158.45
195.10
Date
4-10-16
1274.52
17.907
48.94
2.170
96.06

USDINR

66.6925

66.8175

Trade Balance

-41.1B

-39.5B

-2.64%
-4.48%
-0.79%
+0.59%
-0.18%
-1.01%
-2.33%
-0.97%
+0.26%
% Chg
-2.90%
-5.10%
+0.25%
-1.00%
+0.43%
-0.19%

OUR PREVIOUS CALLS UPDATE


Intraday super star
Date Commodity Entry
Exit
P/L

05/1 NICKEL
685
672
0
Multibagger
ISM Non53.1
51.4
USD
Date Commodity Entry
Exit
Manufacturing PMI
05/1 GOLD
30830 30650
0
Factory Orders m/m -0.4%
1.9%
USD
Trifid special
Date Commodity Entry
Exit
Crude Oil
USD
-1.9M
Inventories
05/1 SILVER
45000 44000
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| Toll Free: 1800-270-1410
0
For our next calls click here..
USD

% Chg

3250

P/L
18000

P/L
30000

Gold and Silver


GOLD

PIVOT
S
MCX
COME

COMEX GOLD

S1

S2

R1

R2

30000
1307

29800
1300

30400
1316

30750
1326

SILVER

Gold showed bearish movement and near to its support


level of 30150. Now if it will close above the important
resistance level of 30400 then 30750 will act as next
resistance level. On lower side 30000 will act as vital
support level.
COMEX SILVER

PIVOTS

S1

S2

R1

R2

MCX
COMEX

43000
18.75

42500
18.50

44000
19.15

44500
19.55

Silver showed weak movement in todays session. Now


if it will maintain above its resistance level of 43750 then
44500 will act as next resistance level. On the other
hand 43000 will act as important support level.

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Crude and Copper


CRUDE

COMEX CRUDE

PIVOTS

S1

S2

R1

R2

MCX

3200

3125

3325

3400

COMEX

48.40

47.65

49.35

50.00

Crude oil showed bullish movement. Now if it will


maintain above 3300 then 3360 will be next resistance
level. On the other hand 3190 will act as important
support level.
COMEX COPPER

COPPER

PIVOTS

S1

S2

R1

R2

MCX

321.00

318.50

325.00

329.00

COMEX

2.1540

2.1410

2.1810

2.1950

Copper showed sideways to bearish movement and found


the important support of 321.50. Now if it will break the
resistance level of 325 then 329 will act as next resistance
level. On the other hand 321.50 will act as a major support
level.

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Other Commodities
PIVOT
COMMODITIE
S

S1

S2

R1

R2

VOLUME

OI

TREND

ALUMINIUM

110.50

109.50

112.50

113.80

5022

3048

Bearish

LEAD

136.50

135

139.20

141

21628

5637

Bearish

NICKEL

665

650

385

700

44193

19868

Bearish

ZINC

157.60

156

159.30

161

27702

13413

Bearish

NATURAL GAS

191.50

188

196.50

200

35500

6124

Bullish

LME INVENTORY
dasdasdinkjjlfcnl
Due to Summer
Bank Holiday NO29/09/2016
LME DATA TODAY
COMMODITIES
28/09/2016

30/09/2016

3/10/2016

4/10/2016

ALUMINIUM

+7776

-4875

-4352

+30422

-6547

COPPER

-2402

+10100

-6952

-452

-3252

LEAD

-251

-300

-251

-202

+151

NICKEL

+25

+564

-655

+208

-538

ZINC

-827

-675

-626

-270

+8872

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Agri Commodity Updates


DHANIYA
Dhaniya showed sideways to bearish movement and
found its important support level of 7600. Now on
higher side 7750 will act as important resistance
level above which it will pull towards the resistance
level of 7900. On lower side some correction will
take it towards the support level of 7500.
PIVOTS

S1

S2

R1

R2

7500

7400

7750

7900

RMSEED
Rmseed showed bearish movement and found its
support level of 4550. Now on higher side 4585 will
act as important resistance level above which it will
pull towards the resistance level of 4635. On lower
side bearish movement drags it towards the support
level of 4500.

PIVOTS

S1

S2

R1

R2

4535

4500

4600

4650

JEERA
Jeera showed bearish movement and found support
of 16950. Now on lower side 16900 will act as
important support level below which it will drag
down towards the support level of 16500. On higher
side some correction pulls it towards the resistance
level of 17300.

PIVOTS

S1

S2

R1

R2

16900

16500

17300

17500

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Intraday Super Star


(Premium Section)

CALL: SELL NICKEL BELOW 670 TARGETS 660/650 SL 685.

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Multibagger Call
(Premium Section)

CALL: SELL COPPER BELOW 321 TARGETS 318/315 SL 325.50.

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Trifid Special
(Premium Section)

CALL: SELL SOYABEAN BELOW 3195 TARGETS 3150/3100 SL 3255.

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