Showing posts with label Currency/Forex. Show all posts
Showing posts with label Currency/Forex. Show all posts

Friday, 13 February 2015

DAILY MCX NEWSLATTERS -13 FEB 2015

stock market , Commodity tips, comex , stock trading tips , Currency/Forex, Mcx gold , MCX Silver, Copper, mcx crude oil tips
BASE METAL
Copper prices rose on Thursday, as investors cheered reports of a cease-fire agreement between Russia and Ukraine. Russian President Vladimir Putin confirmed that acease fire deal with Ukraine starting February 15 had been reached, following months of violence. The U.S.dollar index, which measures the greenback's strength against a trade-weighted basket of six major currencies, went down. A weaker dollar boosts demand for base metals as an alternative investment and makes dollar-priced commodities cheaper for holders of other currencies. Market sentiment remained subdued after talks between Greece and European Union officials ended without an agreement, though both sides said there was still hope for a deal. Further talks are due to beheld next Monday.
CS COPPER (FEBRUARY) OVERVIEW:
TREND MIXED TO BULLISH
RESIST 2: 365|| RESIST 1: 361
SUP 1: 352.50||SUP 2: 347.50
STRATEGY: BUY ON DIPS
BULLION
GOLD moved higher in COMEX on Thursday on a weaker dollar and data showing the U.S. economic recovery remains fragile. The dollar eased against a basket of international currencies, giving gold prices a boost. Gold advanced further after two reports showed the U.S. continues to encounter potholes on the road to recovery. In a worrisome signal of weak consumers pending, January retail sales fell 0.8%. In addition, initial jobless claims, a measure of layoffs, rose by 25K to a seasonally adjusted 304K in the weekended Feb. 7. Investors also continue to watch Greece and Ukraine. Eurozone officials are wrangling over Greece's debt problems, while Ukraine peace talks yielded a cease-fire deal with Russia-backed separatists.
CS GOLD (APRIL) OVERVIEW:
TREND MIXED TO BEARISH
RESIST 2:26900||RESIST 1:26710
SUP1:26425||SUP2:26320
STRATEGY: SELL ON RISE
CS SILVER (MARCH) OVERVIEW:
TREND MIXED TO BEARISH
RESIST 2:37950||RESIST 1:37650
SUP1: 36925|| SUP2:36620
STRATEGY: SELL ON RISE
ENERGY
CRUDE OIL futures climbed on Thursday, arresting a two-session losing streak, as industry spending cuts and a weaker dollar spurred buying. The chief executive of Shell said supply might not be able to keep up with growing demand after oil companies slashed budgets following a near-halving of oil prices since June. U.S. crude reached $51.41 on Thursday before paring gains after oil services firm Gens cape reported a large build at the Cushing, Oklahoma, storage hub and delivery point for the U.S. crude contract. Traders pointed to a weaker dollar as boosting buying on Thursday, as the drop made dollar-priced commodities such as oil cheaper. Natural gas futures extended losses on Thursday, after data showed that U.S. natural gas supplies fell less than forecast last week, underlining concerns over weak demand.
CS CRUDE (FEBRUARY) OVERVIEW:    
TREND MIXED TO BULLISH
RESIST 2:3270||RESIST 1:3220
SUP1:3100||SUP2:3030
STRATEGY: BUY ON DIPS
CS NATURAL GAS (FEBRUARY) OVERVIEW:
TREND MIXED TO BEARISH
RESIST 2:185||RESIST 1:177
SUP1:164||SUP2:159
STRATEGY: SELL ON RISE
Get real time advice for Stock Market, Forex, Comex, Stock trading tips, Forex,Commodity like gold, silver, copper, crude trading tips and all market updates. For 2 Days Free Trial, please visit our site http://www.capitalstars.com & Call at 0731-6790000, 6669900.

Tuesday, 28 October 2014

Buy Jeera, Soybean, Chana : Geojit Comtrade


Geojit Comtrade Geojit Comtrade has come out with its report on agricultural commodities. The research firm has recommended to buy Jeera above Rs 11,460 and Soybean & Chana on dip, in its report dated October 28, 2014.

  
Chana Nov NCDEX:-
 
As prices stay above 2950 expect the bulls to active in the counter towards 2980/3000 levels.

Jeera Nov NCDEX:-
 
Jeera prices continued its upward rally and finally closed at 11430 levels. It is required to break the eleven week high of 11460 for the bulls to continue towards 11500 followed by 11640/ 11700 or even higher to 11900 levels in the near term. Additionally, daily RSI (14) is still hovering higher, signals uptrend. However on the other end, a break below 11200 could see long liquidations towards 11000 levels, which is least expected in the immediate run.

Soybean Nov NCDEX:-
 
Soybean prices initially moved higher, touching a high of 3123 and later closed at 3087 levels. As prices are firmly footed above the ascending trend line support of 3045, sentiments still looks positive and could see upward moves to 3125/3170 or even higher to 3205 levels. Besides the support of EMAs, daily RSI (14) seems supportive for the near term buy trend. However, major weakness is likely to see only on a break below 2970 regions.

Strategies:-
  1. Buy Jeera above Rs 11460
  2. Buy Soybean on dip
  3. Buy Chana on dip

Tuesday, 21 October 2014

Currency/Forex Calls Services

Currency/Forex:-

In this service you get highly accurate services in MCXSX. The specialized research team, after taking into consideration the minute details of Global Market give 1-3 calls in the currency market depending on the volatility in the market. The calls are given in the following currency pairs-.
  1. US Dollar-Indian Rupee (USDINR)
  2. Euro-Indian Rupee (EURINR)
  3. Pound Sterling-Indian Rupee (GBPINR)
  4. Japanese Yen-Indian Rupee (JPYINR)
Specialized Features:-
  1. We provide 1-3 calls with high accuracy.
  2. Timely Follow Ups of all the calls.
  3. All Important Market related News & Information.
  4. Domestic & World Market overview.
  5. A Daily Newsletter and a detailed Weekly Report Will Be Provided.
  6. Calls are provided through SMS and chat room.
  7. 24/7 customer support.
Note:-
Security Market Investment Is Subjected To Market Risk And Past Performance Is Not a Guarantee Of Future Performance.