Mcx Daily Report 12 Feb 2019

1. CapitalStars Financial Research Pvt., Ltd., 1 SEBI Registration Number: INA000001647 12THFEB 2019 MCX Daily Report News Highlights BULLION - MCX Gold and Silver may note mixed trade in line with international market but bias may be on the downside. COMEX gold trades in a narrow range near $1310/oz after a 0.5% decline yesterday. Gold is rangebound as support from concerns about US-China trade talks, US government shutdown threat, Brexit uncertainty and global economic slowdown is countered by persisting strength in US dollar and ETF outflows. The US and China officials will hold trade talks this week but market expectations are low that a deal will be reached ahead of March 1 deadline. As per reports, the Trump administration said the US president still wants to meet China's Xi Jinping in an effort to end the trade war. The US faces a Feb.15 deadline to reach a deal to avert another government shutdown. Reports noted that US congressional negotiators late Monday have reached a deal in principle on border security to avoid another federal government shutdown. Global economic concerns are high amid disappointing Chinese and European economic data and downbeat growth forecasts. The US dollar index rose 0.4% yesterday marking its eight consecutive gains. The US dollar has benefited from safe haven buying amid uncertainty about US-China trade deal, concerns about health of European economies and dovish shift in monetary policy stance of major central banks. Amid other factors, gold has gained support from signs of central bank buying. As per reports, People's Bank of China increased gold holdings for the second month in January after a two-year hiatus. ENERGY- Crude Oil- MCX Crude may note some gains tracking cues from international exchange but sell on rise is suggested. NYMEX crude trades marginally higher but in a narrow range above $52 per barrel after a 0.6% decline yesterday. Crude fell as low as low as $51.23/bbl in intraday day trade yesterday but managed to recover and end above $52/bbl. Crude has fallen in last few days after failing to sustain above $55/bbl level however we are yet to see a close below $52/bbl. Mixed factors has resulted in choppy trade in crude oil and this trend could continue in the near term. Crude along with other commodities saw some support from reports that US congressional negotiators have reached a deal in principle on border security to avoid another federal government shutdown. Crude is also supported by OPEC’s adherence to production and supply concerns relating to Venezuela. However, weighing on price is concerns about OPEC-Russia cooperation going ahead, record high US crude production, rise in US crude oil rig count, expectations of another increase in US crude oil stocks, firmness in US dollar and concerns about US-China trade talks. The US and China officials will hold trade talks this week but market expectations are low that a deal will be reached ahead of March 1 deadline. Crude may witness choppy trade amid mixed factors and positioning ahead of inventory report but sell on rise is suggested as global concerns and higher US supply will weigh on price. Natural Gas- MCX Natural gas may note some gains tracking cues from international exchange but upside is limited. NYMEX natural gas trades higher near $2.65/mmBtu after a 2.3% gain yesterday. Natural gas slumped to Feb.2018 lows last week and is seeing some recovery amid forecast of cold weather in US which will increase heating demand. Natural gas has also gained support from narrow gap between coal and gas price which has increased demand from power sector. Also supporting price is drop in US rig count. However, weighing on price are expectations of subdued demand going ahead as winter nears an end. Subdued demand expectations and higher US production has also eased tightness concerns to some extent. Natural gas has fallen sharply in last few days and we are seeing some relief rally however it could be short-lived. One should wait for higher level to create short positions. Focus will continue to be on US weather and trend in other energy prices. BASE METAL - Base metals on LME trade mix today after a weaker close yesterday. LME Zinc was the worst performer with 2.2% drop followed by 1.7% decline in Lead prices and 1% slide in Copper prices. In other metals Nickel too ended 0.6% lower while Aluminium was down by modest 0.05%.

2. CapitalStars Financial Research Pvt., Ltd., 2 SEBI Registration Number: INA000001647 12THFEB 2019 MCX Daily Report Precious Metals CS SILVER (MAR) OVERVIEW: TREND : BEARISH TREND : BEARISH SUP 1:32900 SUP 2:32700 WWW.CAPITALSTARS.COM +919977499927 WWW.CAPITALSTARS.COM +919977499927 Base Metals CS COPPER (FEB) OVERVIEW: TREND : BEARISH RESIST 2:444.00 RESIST 1:441.00 SUP 1: 437.00 SUP 2: 434.00 TREND : BEARISH RESIST 2: 909.00 RESIST 1: 897.00 SUP 1: 877.00 SUP 2: 869.00 CS LEAD (FEB) OVERVIEW: TREND : BEARISH RESIST 2: 148.00 RESIST 1: 146.00 SUP 1: 144.00 SUP 2: 142.00 TREND : BEARISH RESIST 2:192.00 RESIST 1:190.00 SUP 1: 187.00 SUP 2: 185.00 CS ALUMINIUM (FEB) OVERVIEW: TREND : SIDEWAYS RESIST 2: 135.00 RESIST 1: 134.00 SUP 1: 132.00 SUP 2: 131.00 WWW.CAPITALSTARS.COM +919977499927 Energy CS CRUDE OIL (FEB) OVERVIEW:

3. CapitalStars Financial Research Pvt., Ltd., 3 SEBI Registration Number: INA000001647 12THFEB 2019 MCX Daily Report Pick for the DAY MCX COPPER FEB on MONDAY as seen in the Daily chart opened at 442.10 levels and made day low of 437.45 Levels. During this period COPPER FEB High is 442.10 levels and finally closed at 439.30 levels. Now, there are chances of down movement technically & fundamentally. DAILY RECOMMENDATION: SELL MCX COPPER FEB BELOW 438 LEVELS FOR TARGET OF 435/430 WITH SL 446 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 12THFEB 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: