1 / 5

Daily Mcx Reports 08 April 2019

Capitalstars, financial research private limited is a SEBI Registered, provide Stock Tips,Share Market Tips , commodity &amp; currency tips.<br>http://www.capitalstars.com/tracksheet-stock-tips/<br>

Download Presentation

Daily Mcx Reports 08 April 2019

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. CapitalStars Financial Research Pvt., Ltd., 1 SEBI Registration Number: INA000001647 08THAPR 2019 MCX Daily Report News Highlights BULLION - Bullion counter may witness some lower level buying. Gold was little changed on Monday as strong U.S. jobs data boosted investors’ appetite for riskier assets, with markets awaiting minutes of the Federal Reserve’s March meeting later this week. U.S. employment growth accelerated from a 17-month low in March, assuaging fears of an abrupt slowdown in economic activity, but a moderation in wage gains supported the Federal Reserve’s decision to suspend further interest rate increases this year. Minutes of the Federal Reserve’s last policy meeting are due on Wednesday. U.S. and Chinese negotiators wrapped up their latest round of trade talks on Friday and are scheduled to resume discussions this week to try to secure a pact that would end the tariff battle that has roiled global markets. The value of China’s gold reserves fell slightly to $78.525 billion from $79.498 billion at the end of February. Physical gold demand perked up in top bullion consumer China on a dip in prices and optimism surrounding a U.S.-China trade deal, while buying picked up pace in the Indian market as domestic rates fell ahead of a key festival. ENERGY- Crude oil may extend last week’s gains as oil prices rose to their highest level since Nov. 2018 on Monday, driven up by OPEC’s ongoing supply cuts, U.S. sanctions against Iran and Venezuela and strong U.S. jobs data. Brent prices increased more than 30 percent year-to- date as OPEC+ continued to cut supply for 4 months in a row and optimism over U.S.-China trade talks helped to buoy the demand outlook. The Organization of the Petroleum Exporting Countries (OPEC) and non-affiliated allies like Russia, known as OPEC+, have pledged to withhold around 1.2 million barrels per day (bpd) of supply this year to prop up prices. Russian oil output reached a record high of 556 million tonnes, or 11.16 million barrels per day (bpd), last year. In the United States, crude oil production EIA reached a record 12.2 million bpd in late March. BASE METAL - Base metals prices may trade with positive bias. London copper prices rose as much as 1 percent in early Asian trade on Monday, snapping two days of declines as investors hoped for more stimulus measures in top metals consumer China and a key copper conference was set to begin in Chile. China said on Sunday it would step up its policy of targeted cuts to banks' required reserve ratios to encourage financing for small and medium- sized businesses that play a key role in economic growth. Ltd . Nickel used to make stainless steel, was the top performer in London, rising 1.2 percent to $13,230 a tonne, while tin was the laggard, slipping 0.3 percent to $20,945 a tonne.

  2. CapitalStars Financial Research Pvt., Ltd., 2 SEBI Registration Number: INA000001647 08THAPR 2019 MCX Daily Report Precious Metals CS GOLD (JUN) OVERVIEW: TREND : BULLISH TREND : BULLISH SUP 1:31600 SUP 2:31500 WWW.CAPITALSTARS.COM +919977499927 WWW.CAPITALSTARS.COM +919977499927 Base Metals CS COPPER (APR) OVERVIEW: TREND : SIDEWAYS RESIST 2:450.00 RESIST 1:447.00 SUP 1: 441.00 SUP 2: 439.00 RESIST 2: 926.00 RESIST 1: 914.00 SUP 1: 898.00 SUP 2: 890.00 CS ZINC (MAR) OVERVIEW: TREND : BULLISH RESIST 2:230.00 RESIST 1:228.00 SUP 1: 226.00 SUP 2: 224.00 CS LEAD (MAR) OVERVIEW: RESIST 2: 140.00 RESIST 1: 139.00 SUP 1: 137.00 SUP 2: 136.00 CS ALUMINIUM (MAR) OVERVIEW: TREND : SIDEWAYS RESIST 2: 150.00 RESIST 1: 149.00 SUP 1: 146.00 SUP 2: 145.00 WWW.CAPITALSTARS.COM +919977499927 Energy CS CRUDE OIL (APR) OVERVIEW: TREND : SIDEWAYS

  3. CapitalStars Financial Research Pvt., Ltd., 3 SEBI Registration Number: INA000001647 08THAPR 2019 MCX Daily Report Pick for the DAY MCX GOLD JUN on FRIDAY as seen in the Daily chart opened at 31600.00 levels and made day low of 31600.00 Levels. During this period GOLD JUN High is 31865.00 levels and finally closed at 31729.00 levels. Now, there are chances of up movement technically & fundamentally. DAILY RECOMMENDATION: BUY MCX GOLD JUN ABOVE 32110.00 LEVELS FOR TARGET OF 32200/32300 WITH SL 32010 OF LEVELS.

  4. CAPITALSTARSFINANCIALRESEARCHPVT.LTD. CapitalStars Financial Research Private Limited is an advisory company incepted with a vision of providing fair and accurate trading and investment calls in share and commodity market. we specialize in thorough fundamental and technical research analysis in equity and commodity market to provide best equity and commodity tips to traders and investors. we provide intraday as well as delivery stock tips in NSE and BSE and commodity tips in MCX and NCDEX. Get our more services:- Intraday stock tips Financial advisory company Share market company Stock Tips * Investment & Trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance. * CapitalStars Investment Adviser: SEBI Registration Number: INA000001647 4

  5. CapitalStars Financial Research Pvt., Ltd., SEBI Registration Number: INA000001647 08THAPR 2019 MCX Daily Report 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 financial adviser. 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 all Rights. CONTACT US BRANCH OFFICE Capitalstars Financial Research Private Limited PLOT NO.32, MECHANIC NAGAR EXTENSION, IDA SCHEME NO.54, VIJAYNAGAR INDORE REGISTERED OFFICE PLOT NO.12, SCHEME NO.78 PART-II, VIJAY NAGAR, INDORE Email :- backoffice@capitalstars.com CONTACT US:- 9039012727/9977499927 Report Is Checked By Investment Advisor:

More Related