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The information given herein should be treated as only factor, while making investment decision. The report does not provide individually tailor-made investment advice. Trade India Research Recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser.

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01 03 2018

01/03/2018

301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free: 9009010900

01 03 2018 1

01/03/2018

Market Update (Energy):

Crude oil may remain sideways as it can move in range

of 4060-4130. U.S. crude oil production shattered a 47-

year output record in November and retreated slightly

in December, the U.S. Energy Department said on

Wednesday, as oil production from shale continued to

upend global supply patterns. Oil output rose to 10.057

million barrels per day (bpd) in November, a revision

from earlier estimates, the EIA said. December

production fell 108,000 bpd to 9.949 million bpd, it

said.

Market

Metals): Growth in China's manufacturing

sector unexpectedly picked up to a six-month high in

February as factories rushed to replenish inventories

to meet rising new orders, a private survey showed on

Thursday. Shanghai copper prices fell for a fourth day

on Thursday to touch their lowest level in more than

two weeks, pushed down as the dollar strengthened

and global stock markets declined.

Market Update (Bullions):

Update

(Base

Gold prices dipped on Thursday, pulled down as

the dollar remained strong following comments

from Federal Reserve Chairman Jerome Powell

that fanned concerns of faster-than-expected

hikes in U.S. interest rates. The U.S. currency,

which in February recorded its best monthly

performance since November 2016, has been

bolstered by Powell's hawkish stance on the

U.S. economy that fuelled expectations of

interest rates being raised four times this year

rather than three. U.S. economic growth slowed

slightly more than initially thought in the fourth

quarter after the strongest pace of consumer

spending in three years depleted inventories and drew in imports as businesses struggled to

produce enough goods and services.

301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free: 9009010900

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TECHNICAL ANALYST

GOLD

GOLD

OUTLOOK:

TREND: - DOWN

RESISTANCE: - 30350, 30450.

SUPPORT: - 30150, 30050.

STRATEGY: - SELL ON HGIH.

TECHNICAL OUTLOOK

TECHNICAL OUTLOOK

Gold daily chart has formed "Symmetrical triangle” pattern. The last session seems

bearish in trend as the prices have broken out the channel’s support slope line. The

market is expected to continue in bearish momentum, once the same breaks below a key

support at $1315(30315). The downside rally could test all the way through $1300-

1290(29940-29690) levels in upcoming weeks. Alternatively, if the key support holds

strong then the market might retest the same and turn bullish. The upside rally could test

$1325-1335(30565-30815) levels. Resistance holds at $1335(30815).

301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free: 9009010900

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OUTLOOK:

SILVER

SILVER

TREND: - DOWN

RESISTANCE: - 38300, 38500.

SUPPORT: - 37900, 37700.

STRATEGY: - SELL ON HIGH.

TECHNICAL OUTLOOK

TECHNICAL OUTLOOK

Silver daily chart has formed "Falling channel” pattern. The last session ended up

retesting the channel’s resistance slope line. The market is expected to continue in

bearish momentum along with a small correction over positive trend. The downside rally

could test all the way through 38400-38000 levels in the upcoming sessions.

Alternatively, if the market breaks above the resistance level holding at 39100, then it

might turn bullish once again. The upside rally could test 39500-40000 levels. Support

holds at 38000.

301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free: 9009010900

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COPPER

COPPER

OUTLOOK:

TREND: - DOWN

RESISTANCE: - 456.50,459.

SUPPORT: -452.50, 450.

STRATEGY: - SELL ON HIGH.

TECHNICAL OUTLOOK

TECHNICAL OUTLOOK

Copper hourly chart has formed "Falling wedge” pattern. The last session ended up

retesting the channel’s support slope line. The market is expected to continue in bullish

momentum for a while to retest the key resistance holding at 455 and then turn bearish.

The downside rally could test all the way through 453-450 levels in the upcoming sessions.

Alternatively, if the market breaks above the resistance level, then it might turn bullish once

again. Support holds at 450.

301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free: 9009010900

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CRUDE OIL

CRUDE OIL

OUTLOOK:

TREND: - DOWN

RESISTANCE: - 4060, 4090.

SUPPORT: - 4000, 3970.

STRATEGY: BUY ON LOW.

TECHNICAL OUTLOOK

TECHNICAL OUTLOOK

Crude Oil 4hr chart has formed "Rising wedge” pattern. The last session ended up bearish

in trend as the prices have broken out the channel’s support slope line. The market is

expected to continue in bearish momentum along with a small correction over positive

momentum. The downside rally could test all the way through $61-60(3976-3911) levels in

upcoming weeks. Alternatively, if the market breaks above the previous support which is

now act as resistance at $62.50(4074), then it might turn bullish. Support holds at

$60(3911).

301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free: 9009010900

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DISCLAIMER

DISCLAIMER

The information and views in this report, our website & all the service we provide

are believed to be reliable, but we do not accept any responsibility (or liability) for

errors of fact or opinion. Users 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. Trade India Research Recommends that investors independently

evaluate particular investments and strategies, and encourages investors to seek

the advice of a financial adviser. Trade India Research 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 NSE and BSE.

The share price projections shown are not necessarily indicative of future price

performance. The information herein, together with all estimates and forecasts,

can change without notice. Analyst or any person related to Trade India Research

might be holding positions in the stocks recommended. 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 . Any surfing and reading of the

information is the acceptance of this disclaimer.

All Rights Reserved.

Investment in Commodity and equity market has its own risks.

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01/03/2018

We, however, do not Touch for the accuracy or the completeness thereof. we are

not responsible for any loss incurred whatsoever for any financial profits or loss

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