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Mcx daily report 27 sept

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Mcx daily report 27 sept

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  1. CapitalStars Financial Research Pvt.,Ltd., 1 SEBI Registration Number:INA000001647 MCXDailyReport 27 Sep2018 NewsHighlights Gold prices nudged down early Wednesday on a firmer dollar, as investors waited for details of the U.S. Gold prices nudged down early Wednesday on a firmer dollar, as investors waited for details of the U.S. Federal Reserve’s two-day meeting that should give clues whether policymakers will raise interest rates for the third time this year. Spot gold XAU= was down 0.1 percent at $1,200.18 at the time of writing. Investors await details from the two-day Federal Reserve meeting that began on Tuesday, with the U.S. central bank expected to raise benchmark interest rates and shed light on the path for future rate hikes. Higher U.S. interest rate typically pressure gold, since it costs to store and insures, but does not pay interest. U.S. consumer confidence surged to an 18-year high in September as households grew more upbeat about the labour market, pointing to sustained strength in the economy despite an increasingly bitter trade dispute between the United States and China.U.S. London copper fell for a third session in a row on Wednesday ahead of a widely expected U.S. interest ratehike. London copper fell for a third session in a row on Wednesday ahead of a widely expected U.S. interest rate hike and persistent worries over an escalating U.S.-China trade war. Fed funds rates futures implied traders are fully pricing in a rate hike on Wednesday, with an 85 percent chance the Fed will raise rates again in December. The Federal Reserve has already raised rates twice this year. Three-month copper on the London Metal Exchange was down 0.6 percent at $6,277.50 a tonne at the time of writing. On the Shanghai Futures Exchange, the most-traded November copper gained 0.6 percent to 50,500 yuan ($7,350) atone. Investors have focused their attention back to the fundamentals front after the US and China announced their latest round of tariffs on each other lastweek. London nickel plunged to close at $12,820/mt overnight after hoveringaround $13,040/mt and under the pressure at the 40-day moving average. As longs covered their positions, the SHFE 1811 contract tumbled to a low of 105,100 yuan/mt before it rebounded to the daily moving average and settled at 105,390 yuan/mt. Investors have focused their attention back to the fundamentals front after the US and China announced their latest round of tariffs on each other lastweek. Brent oil trades steady near 4-year high while U.S. cruderetreats. Oil Brent oil edged further away from a four-year high on Wednesday and U.S. crude fell, after the U.S. said it would ensure crude markets are well supplied before sanctions are re-imposed on Iran and as President Donald Trump criticized high prices.Brentcrudefuturesweredown43cents,or0.5percent,at$81.44abarrelat

  2. the time of writing, after gaining nearly 1 percent the previous session. Earlier on Tuesday, Brent hit its highest since November 2014 at $82.55 per barrel. U.S. crude futures were down 40 cents, or 0.6 percent at $71.88 a barrel. They rose 0.3 percent on Tuesday to close at their highest level sincemid-July.

  3. CapitalStars Financial Research Pvt.,Ltd., SEBI Registration Number:INA000001647 MCXDailyReport 27 Sep2018 PreciousMetals CS GOLD (OCT)OVERVIEW: TREND : SIDEWAYS RESIST 2:30950 RESIST 1:30850 SUP1:30650 SUP 2:30550 WWW.CAPITALSTARS.COM +917440449744 CS SILVER (DEC) OVERVIEW: TREND : BULLISH RESIST 2: 38300 RESIST 1: 38100 SUP 1: 37900 SUP 2: 37700 WWW.CAPITALSTARS.COM +917440449744 BaseMetals CS COPPER (NOV) OVERVIEW: TREND : BULLISH RESIST2:465.00 RESIST1:460.00 SUP 1: 454.00 SUP 2: 450.00 WWW.CAPITALSTARS.COM +917440449744 CS NICKEL (SEP) OVERVIEW: TREND : BEARISH RESIST 2:940.00 RESIST 1:932.00 SUP 1: 925.00 SUP 2: 918.00 WWW.CAPITALSTARS.COM +917440449744 CS ZINC (SEP) OVERVIEW: TREND : BULLISH RESIST2:188.50 RESIST 1:186.50 SUP 1:183.00 SUP 2: 181.00 WWW.CAPITALSTARS.COM +917440449744 CS LEAD (SEP) OVERVIEW: TREND : BEARISH RESIST 2:149.50 RESIST 1:147.50 SUP 1:144.00 SUP 2: 142.00 WWW.CAPITALSTARS.COM +917440449744 CS ALUMINIUM (SEP) OVERVIEW: TREND : SIDEWAYS RESIST 2:151.00 RESIST 1:149.50 SUP 1:148.00 SUP 2:146.50 WWW.CAPITALSTARS.COM+917440449744 Energies CS CRUDE OIL (OCT)OVERVIEW: TREND :BULLISH RESIST 2:5350 RESIST 1:5290 SUP 1:5200 SUP 2: 5150 WWW.CAPITALSTARS.COM +917440449744 CS NATURAL GAS (OCT)OVERVIEW: TREND :BULLISH RESIST 2:222.00 RESIST 1:219.50 SUP 1:216.00 SUP 2: 213.00 WWW.CAPITALSTARS.COM +917440449744

  4. CapitalStars Financial Research Pvt.,Ltd., 3 SEBI Registration Number:INA000001647 MCXDailyReport 27 Sep2018 Pick for theDAY • MCX GOLD OCT on Wednesday as seen in the Daily chart opened at 30800 levels and made day Low of 30567 levels. During this period GOLD high is 30810 levels and finally closed at 30593 levels. Now, there are chances of down movementtechnically • &fundamentally. • Gold prices nudged down early Wednesday on a firmer dollar, as investors waited for details of theU.S. • U.S. consumer confidence surged to an 18-year high in September as households grew more upbeat about the labour market, pointing to sustained strength in the economy despite an increasingly bitter trade dispute between the United States and China.U.S DAILY RECOMMENDATION: SELL MCX GOLD OCT BELOW 30650 LEVELS FOR TARGET OF 30600/30550 WITH SL 30750 OF LEVELS.

  5. CapitalStars Financial Research Pvt.,Ltd., 4 SEBI Registration Number:INA000001647 MCXDailyReport 27 Sep2018 Disclaimer The information and views in this report & all the service we provide are believed to be reliable, but we do not accept any responsibility for errors of fact or opinion. Investors have the right to choose the product/s that suits them the most. 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. This material is for personal information and based upon it & takes no responsibility. The information given herein should be treated as only factor, while making investment decision. The report does not provide individually tailor-made investment advice. My research recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financialadviser. Capital Stars shall not be responsible for any transaction conducted based on the information given in this report, which is in violation of rules and regulations of regulators. The price projections shown are not necessarily indicative of future price performance. The information herein, together with all estimates and forecasts, can change without notice. 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. Investment & Trading in Securities Markets are always subjected to market risk. Capitalstars Financial Research Private Ltd., Reserves allRights. CONTACTUS BRANCHOFFICE Capitalstars Financial Research Private Limited Forex Trading Tips Stock Market Tips Share TipsExpert PLOT NO.32, MECHANIC NAGAR EXTENSION, IDA SCHEME NO.54, VIJAYNAGARINDORE REGISTEREDOFFICE PLOT NO.12, SCHEME NO.78 PART-II, VIJAY NAGAR,INDORE Email :-backoffice@capiltalstars.in

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