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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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05 03 2018

05/03/2018

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

05 03 2018 1

05/03/2018

Market Update (Energy):

WTI Crude oil futures edged up on bargain buying

after testing a two week low near $60 per barrel. WTI

Crude oil futures slipped earlier in the week, extending

losses amid weak equities and rising US crude oil

inventories. US crude oil inventories increased for the

week ending February 23, and refineries operated at

87.8% of their operable capacity, or 49,000 barrels

per day more than the previous week's average, said

the US Energy Information Administration (EIA).

Market

Update

(Base

Metals):he private Caixin/Markit Manufacturing

Purchasing Managers' Index for February beat

expectations to reach its highest in six months, a day

after China's official factory activity reading raised

concerns of a sharper-than-expected slowdown in the

world's second biggest economy.China's Ministry of

Industry and Information Technology (MIIT) has

pledged to strengthen its monitoring of the price of

nonferrous metals such as aluminium in order to

prevent "excessive" speculation that could distort the market.

Market Update (Bullions):

COMEX Gold futures extended losses amid a

slippery mood in world equities before some

bargain buying emerged in the metal around its

two month low. COMEX Gold took a tumble as

investors interpreted the comments from Jerome

H. Powell, the new chairman of the Federal

Reserve. Powell said in that his expectations for

domestic economic growth have increased since

the beginning of the year, citing the passage of the

$1.5 trillion tax cut and stronger global growth.

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

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TECHNICAL ANALYST

GOLD

GOLD

OUTLOOK:

TREND: - DOWN

RESISTANCE: - 30600, 30700.

SUPPORT: - 30400, 30300.

STRATEGY: - SELL ON HGIH.

TECHNICAL OUTLOOK

TECHNICAL OUTLOOK

Gold daily chart has formed "Descending channel” pattern. The last session ended up

bullish inside the channel. The market is expected to continue in bullish momentum,

testing all the way through $1335-1340(30700-30825) levels in the upcoming sessions.

Alternatively, if the market breaks below a key support holding at $1320(30325) then it

might turn bearish. Resistance holds at $1340(30825).

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

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OUTLOOK:

SILVER

SILVER

TREND: - DOWN

RESISTANCE: - 38700, 38900.

SUPPORT: - 38300, 38100.

STRATEGY: - SELL ON HIGH.

TECHNICAL OUTLOOK

TECHNICAL OUTLOOK

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

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

momentum, once the same breaks above a key resistance holding at 39000. The upside

rally could test all the way through 39250-39500 levels in the upcoming sessions.

Alternatively, if the resistance holds strong then the market might retest the same and

turn bearish. The downside rally could test 38500-38000 levels. Support holds at 38000.

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

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05/03/2018

COPPER

COPPER

OUTLOOK:

TREND: - DOWN

RESISTANCE: - 454.50,457.

SUPPORT: -449.50, 447.

STRATEGY: - SELL ON HIGH.

TECHNICAL OUTLOOK

TECHNICAL OUTLOOK

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

consolidated after breaking out the channel’s resistance slope line. The market is expected

to continue in bullish momentum, once the same breaks above a key resistance holding at

455. The upside rally could test all the way through 458-460 levels in the upcoming

sessions. Alternatively, if the market breaks below the key support holding at 450 then it

might turn bearish in trend. The downside rally could test 448-446 levels.

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

05 03 2018 5

05/03/2018

CRUDE OIL

CRUDE OIL

OUTLOOK:

TREND: - DOWN

RESISTANCE: - 4030, 4060.

SUPPORT: - 3970, 3940.

STRATEGY: SELL ON HIGH.

TECHNICAL OUTLOOK

TECHNICAL OUTLOOK

Crude oil daily chart has formed "Ascending broadening wedge” pattern. The last few

sessions ended up retesting the channel’s support slope line. The market is expected to

continue in bullish momentum, testing all the way through $63-64(4095-4160) levels in the

upcoming sessions. Alternatively, if the market breaks below a key support holding at

$60(3900) then it might turn bearish. The downside rally could test $59-58(3835-3770)

levels. Resistance holds at $64(4160).

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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05/03/2018

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

which may arise from the recommendations above. Trade India Research does not

purport to be an invitation or an offer to buy or sell any financial instrument. Our

Clients (Paid Or Unpaid), Any third party or anyone else have no rights to forward

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