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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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28 02 2018

28/02/2018

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

28 02 2018 1

28/02/2018

Market Update (Energy):

Crude oil may remain sideways as it can move in range

of 4070-4150. U.S. oil prices extended declines into a

second day on Wednesday as the dollar gained and

industry data showed an increase in U.S. crude and

gasoline stockpiles, with surging production in the

country hampering OPEC attempts to end a global glut.

U.S. West Texas Intermediate crude was down 37 cents,

or 0.6 percent, at $62.64 by 0142 GMT, after falling 90

cents the previous session. Brent crude was down 40

cents, or 0.6 percent, at $66.23 a barrel.

Market

Metals): Shanghai metals mostly lost ground on

Wednesday after new U.S. Federal Reserve Chairman

Jerome Powell's pledge to stick with gradual increases

in interest rates boosted the dollar and growth in

Chinese manufacturing slowed more than expected.

Growth in China's manufacturing sector in February

slowed more than expected to the weakest in over 1-

1/2 years as the Lunar New Year holidays disrupted

business activity and tougher pollution rules curtailed

factory output.

Market Update (Bullions):

Update

(Base

Gold prices were unchanged near a more than

two-week low early on Wednesday, as the dollar

held recent highs after Federal Reserve

Chairman Jerome Powell vowed to prevent the

economy from overheating while sticking with

gradual rate rises. The Fed is expected to

approve its first rate increase of 2018 at its next

policy meeting in March, when it will also

provide fresh economic projections and Powell

will hold his first news conference. Since 2013

this year as an uncertain outlook for stocks.

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

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TECHNICAL ANALYST

GOLD

GOLD

OUTLOOK:

TREND: - DOWN

RESISTANCE: - 30400, 30500.

SUPPORT: - 30200, 30100.

STRATEGY: - SELL ON HGIH.

TECHNICAL OUTLOOK

TECHNICAL OUTLOOK

Gold 4hr chart has formed “Falling wedge” pattern. The last session ended up retesting

the channel’s support slope line. As per the technical aspects of the pattern, the market is

expected to continue in bullish momentum for a while to retest the resistance slope line.

The upside rally could test all the way through $1324-1328(30405-30505) levels in the

upcoming sessions. Once the market reaches the key resistance level at $1328(30505),

then it might retest the same and turn bearish. The downside rally could again test

$1324-1320(30405-30305) levels. Alternatively, if the market breaks above the key

resistance then it might continue in bullish momentum. Support holds at $1315(30180).

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

28 02 2018 3

28/02/2018

OUTLOOK:

SILVER

SILVER

TREND: - DOWN

RESISTANCE: - 38300, 38500.

SUPPORT: - 37900, 37700.

STRATEGY: - SELL ON HIGH.

TECHNICAL OUTLOOK

TECHNICAL OUTLOOK

Silver 4hr chart has formed “Symmetrical triangle” pattern. The last session successfully

broken out the channel’s support slope line in bearish momentum. The market is

expected to continue in correction based bullish trend to retest the support slope line and

turn bearish. The correction rally could test all the way through 38300-38500 levels in the

upcoming sessions. After retesting the previous support which is now resistance at

38500, the downside rally could test 38300-38100 levels. Support holds at 38100.

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

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COPPER

COPPER

OUTLOOK:

TREND: - DOWN

RESISTANCE: - 455.50,458.

SUPPORT: -450.50, 448.

STRATEGY: - SELL ON HIGH.

TECHNICAL OUTLOOK

TECHNICAL OUTLOOK

Copper hourly chart has formed “Broadening top” pattern. The last session ended up

consolidated near the channel’s support slope line. As per the technical aspects of the

pattern, the market is expected to retest the key support level at 452 and turn bullish. The

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

Alternatively, if the market breaks below the support level then it might turn to bearish. The

downside rally could test 448-444 levels. Resistance holds at 460.

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

28 02 2018 5

28/02/2018

CRUDE OIL

CRUDE OIL

OUTLOOK:

TREND: - DOWN

RESISTANCE: - 4120, 4150.

SUPPORT: - 4050, 4020.

STRATEGY: BUY ON LOW.

TECHNICAL OUTLOOK

TECHNICAL OUTLOOK

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

near the channel’s support slope line. The market is expected to continue in bearish

momentum, once the same breaks below the key support level holding at $62.50(4071).

The downside rally could test all the way through $61-60(3973-3908) levels in the upcoming

sessions. Alternatively, if the support holds strong then the market might retest the same

and turn bullish. The upside rally could test $63.50-64.50(4136-4201) levels. Resistance

holds at $64.50(4201).

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

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28/02/2018

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.

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

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28/02/2018

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

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