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Daily Mcx Reports 13 March 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>

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Daily Mcx Reports 13 March 2019

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  1. CapitalStars Financial Research Pvt., Ltd., 1 SEBI Registration Number: INA000001647 13THMAR 2019 MCX Daily Report News Highlights BULLION - Bullion counter may open on positive note Gold rose to its highest level in nearly two weeks on Wednesday, after regaining the key $1,300 level in prior session, buoyed by safe haven demand from Brexit chaos and a fall in dollar after a softer U.S. data. U.S. consumer prices rose for the first time in four months in February, but the pace of the increase was modest, resulting in the smallest annual gain in nearly 2-1/2 years. British lawmakers crushed Prime Minister Theresa May’s European Union divorce deal on Tuesday, thrusting Britain deeper into crisis and forcing parliament to decide within days whether to back a no-deal Brexit or seek a last-minute delay. The European Union will not negotiate Brexit again, it said on Tuesday, after Britain’s parliament rejected the divorce package for a second time in a vote that made a chaotic no-deal scenario more likely. ENERGY- Crude oil may open on positive bias as it may trade in range of 3950-4030 in MCX. Oil prices edged higher on Wednesday, supported by planned cuts to Saudi exports and a reduced forecast for U.S crude output. U.S. crude oil production is expected to grow slower than previously expected in 2019 and average about 12.30 million barrels per day (bpd) the U.S. Energy Information Administration (EIA) said on Tuesday. Saudi Arabia plans to cut its crude oil exports in April to below 7 million barrels per day (bpd), while keeping its output well below 10 million bpd, a Saudi official said on Monday, as the kingdom seeks to drain a supply glut and support oil prices. Natural gas may remain sideways as it can take support near 192 while taking facing resistance near 200 in MCX. U.S. natural gas futures held near a two-week low on Tuesday as forecasts for warmer weather than previously expected offset increased flows to liquefied natural gas (LNG) export terminals. BASE METAL - Base metals prices may trade with sideways bias. Copper may take support near 445 and can recover towards 458 in MCX. Zinc can take support near 195 while facing resistance near 200. London zinc prices struck an eight-month high in early Asian trade on Wednesday, as investors worried about ultra-tight stocks, before giving up gains to trade slightly lower. The most-traded May zinc contract on the Shanghai Futures Exchange climbed as much as 2.5 percent to 21,980 yuan ($3,277.91) a tonne, the highest since April 2, 2018, before trimming gains to 2 percent. The premium of cash zinc over the three- month LME contract stood at $52 a tonne on Tuesday, the highest since Jan. 7, underscoring tight near- term supply for physical metal. Lead can move in range of 143-146. Nickel can also test 920 while taking support near 900. Aluminum prices may trade in range of 143-146. The United States is working on a plan to lift tariffs from Mexican and Canadian steel and aluminum but preserve the gains that domestic producers have received from the duties so far, U.S. Trade Representative Robert Lighthizer said on Tuesday.

  2. CapitalStars Financial Research Pvt., Ltd., 2 SEBI Registration Number: INA000001647 13THMAR 2019 MCX Daily Report Precious Metals SUP 1:31900 SUP 2:31800 WWW.CAPITALSTARS.COM +919977499927 WWW.CAPITALSTARS.COM +919977499927 Base Metals CS COPPER (APR) OVERVIEW: TREND : BEARISH RESIST 2:460.00 RESIST 1:456.00 SUP 1: 450.00 SUP 2: 448.00 RESIST 2: 927.00 RESIST 1: 919.00 SUP 1: 904.00 SUP 2: 897.00 CS ZINC (MAR) OVERVIEW: TREND : BULLISH RESIST 2:204.00 RESIST 1:201.00 SUP 1: 196.00 SUP 2: 192.00 CS LEAD (MAR) OVERVIEW: TREND : BEARISH RESIST 2: 147.00 RESIST 1: 146.00 SUP 1: 144.00 SUP 2: 143.00 CS ALUMINIUM (MAR) OVERVIEW: TREND : SIDEWAYS RESIST 2: 147.00 RESIST 1: 146.00 SUP 1: 144.00 SUP 2: 143.00 WWW.CAPITALSTARS.COM +919977499927 Energy TREND : SIDEWAYS TREND : SIDEWAYS

  3. CapitalStars Financial Research Pvt., Ltd., 3 SEBI Registration Number: INA000001647 13THMAR 2019 MCX Daily Report Pick for the DAY MCX LEAD MAR on TUESDAY as seen in the Daily chart opened at 145.10 levels and made day low of 144.25 Levels. During this period LEAD MAR High is 146.15 levels and finally closed at 144.85 levels. Now, there are chances of down movement technically & fundamentally. DAILY RECOMMENDATION: SELL MCX LEAD MAR BELOW 145 LEVELS FOR TARGET OF 144/143 WITH SL 146.50 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 13THMAR 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:

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