MCX DAILY LEVELS

DAILY

EXPIRY DATE R4

R3

R2

R1

PP

S1

S2

S3

S4

ALUMINIUM

30 NOV 2015 105. 102.95

10

100.80

100.05

98.65

97.90

96.50

94.35

92.20

COPPER

30 NOV 2015 360. 350.90

05

341.75

335.95

332.60

326.80

323.45

314.30

305.15

CRUDE OIL

19 NOV 2015 3223 3163

3103

3071

3043

3011

2983

2923

2863

GOLD

04 DEC 2015 2637 26193

2015
2

26014

25927

25835

25748

25656

25477

25298

LEAD

30 NOV 2015 114. 112.60

15

111.05

110.05

109.50

108.50

107.95

106.40

104.85

NATURAL GAS 24 NOV 2015 181. 172.50

50

163.50

160.30

154.50

151.30

145.50

136.50

127.50

NICKEL

30 NOV 2015 691. 676.70

30

662.10

655.70

647.50

641.10

632.90

618.30

603.70

SILVER

04 DEC 2015 3642 36101

4

35778

35639

35455

35316

35132

34809

34486

30 NOV 2015

112.15

110.55

109.65

108.95

108

107.30

105.70

104.10

R3

R2

R1

PP

S1

S2

S3

S4

ZINC

113.

MCX WEEKLY LEVELS

WEEKLY

EXPIRY

R4

ALUMINIUM

30 NOV 2015 108.45 105.05

101.65

100.50

98.25

97.10

94.85

91.45

88.05

COPPER

30 NOV 2015 374.20 360.80

347.40

338.75

334

325.35

320.60 307.20

293.80

3405

3239

3139

3073

2973

2907

2741

2575

GOLD

04 DEC 2015 28461 27653

26845

26343

26037

25535

25229

24421

23613

LEAD

30 NOV 2015 120.30 116.95

113.50

111.30

110.10 107.90

106.70 103.35

99.95

NATURAL GAS 24 NOV 2015 185.20 174.80

164.40

160.80

143.60 133.20

122.80

CRUDE OIL

19 NOV 2015 3571

154

150.40

NICKEL

30 NOV 2015

747 715.70

684.40

666.80

653.10 635.50

621.80 590.50 559.20

SILVER

04 DEC 2015 39308 38120

36932

36216

35744

34556

ZINC

30 NOV 2015 121.9 117.85

0

113.80

111.30

109.70 107.20

35028

33368

32180

105.70 101.65

97.60

WEEKLY MCX CALL

SELL GOLD DEC BELOW 25650 TGT 25400 SL 25931

PREVIOUS WEEK CALL

BUY CRUDEOIL NOV ABOVE 3080 TGT 3200 SL 2997 - NOT EXECUTED.
SELL COPPER NOV BELOW 335 TGT 330 SL 341

- TGT ACHEIVED.

FOREX DAILY LEVELS

DAILY

EXPIRY DATE R4

R3

R2

R1

PP

S1

S2

S3

S4

USDINR

26 NOV 2015 66.4 66.25

0

66.15

66.10

66

65.95

65.90

65.75

65.60

GBPINR

26 NOV 2015 72.5

0

72.30

72.05

71.95

71.80

71.70

71.60

71.35

71.10

EURINR

26 NOV 2015 102. 101.70

50

100.90

100.40

100.10

99.60

99.30

98.55

97.75

JPYINR

26 NOV 2015 55.1 54.80

0

54.50

54.35

54.20

54.05

53.95

53.65

53.35

R2

R1

PP

S1

S2

S3

S4

FOREX WEEKLY LEVELS

DAILY

EXPIRY DATE R4

R3

USDINR

26 NOV 2015 67.1 66.70

0

66.30

66.15

65.90

65.75

65.50

65.10

64.70

GBPINR

26 NOV 2015 75.8

0

74.55

73.25

72.55

72

71.30

70.70

69.45

68.20

EURINR

26 NOV 2015 107. 105.10

30

102.85

101.40

100.60

99.15

98.35

96.10

93.85

JPYINR

26 NOV 2015 56.0 55.50

5

54.90

54.55

54.30

53.95

53.75

53.15

52.60

WEEKLY FOREX CALL

BUY USDINR NOV ABOVE 66.75 TGT 67.25 SL 66.20

PREVIOUS WEEK CALL

SELL JPYINR NOV BELOW 54.53 TGT 54 SL 55.11 - MADE LOW OF 54.10

 NCDEX DAILY LEVELS

DAILY

EXPIRY
DATE

R4

R3

R2

R1

PP

S1

S2

S3

S4

SYOREFIDR

18 DEC 2015

630

628

626

624

622

620

618

616

614

SYBEANIDR

18 DEC 2015

4080

4060

4040

4020

4000

3980

3960

3940

3920

RMSEED

18 DEC 2015

5065

5050

5035

5020

5000

4980

4960

4940

4920

JEERAUNJHA

18 DEC 2015

16300 16200

16100

16000

15900 15750 15600 15500

15400

CHANA

18 DEC 2015

5210

5190

5170

5150

5120

5100

5080

5060

5040

CASTORSEED

18 DEC 2015

5000

4980

4970

4950

4920

4900

4880

4860

4840

S1

S2

S3

S4

NCDEX WEEKLY LEVELS

WEEKLY

EXPIRY
DATE

R4

R3

R2

R1

PP

SYOREFIDR

18 DEC 2015

640

637

634

630

627 624

620

617

614

SYBEANIDR

18 DEC 2015

4140

4100

4060

4020

3980

3940

3900

3860

3820

RMSEED

18 DEC 2015

5120

5090

5070

5030

5000

4970

4940

4910

4880

JEERAUNJHA

18 DEC 2015

16600 16400

16200

16000

15800 15600 15400 15200

15000

CHANA

18 DEC 2015

5300

5260

5210

5160

5120

5090

5070

5030

4990

CASTORSEED

18 DEC 2015

5070

5040

5010

4960

4920

4890

4860

4830

4800

WEEKLY NCDEX CALL

SELL RM SEED DEC BELOW 4890 TGT 4780 SL 5061

PREVIOUS WEEK CALL

BUY TMC NOV ABOVE 9210 TGT 9370 SL 9040 - TGT ACHEIVED
BUY CASTORSEED DEC ABOVE 4400 TGT 4500 SL 4298 - MADE HIGH OF 4445

MCX - WEEKLY NEWS LETTERS

INTERNATIONAL NEWS
PRECIOUS METAL
1.

U.S. President Barack Obama on Friday rejected the proposed Keystone XL oil pipeline
from Canada in a victory for environmentalists who campaigned against the project for
more than seven years.

2. U.S. job growth surged in October and the unemployment rate hit a 7-1/2-year low of 5.0
percent in a show of economic strength that makes it much more likely the Federal Reserve
will raise interest rates in December.

3.

U.S. energy firms cut oil rigs for a tenth week in a row this week, decreasing the pace of
declines from recent weeks, data showed on Friday, a sign low prices continued to keep
drillers away from the well pad. Drillers removed six oil rigs in the week ended Nov. 6,
bringing the total rig count down to 572, the least since June 2010, oil services company
Baker Hughes Inc said in its closely followed report.

GOLD
Gold prices rose 0.12% to Rs 25,802 per 10 gram in futures trade on thursday as speculators
created fresh positions, taking positive cues from global markets.At the Multi Commodity
Exchange, gold for delivery in December was up by Rs 31, or 0.12%, to Rs 25,802 per 10
gram, in a business turnover of 842 lots.The metal for delivery in far-month February 2016
moved up Rs 22, or 0.08%, to Rs 25,984 per 10 gram in a turnover of 14 lots.Rise in the
precious metal at global markets, mainly influenced gold prices at futures trade
here.Meanwhile, gold climbed as much as 0.15% to $1,109.20 an ounce in Singapore today.

U.S. job growth surged in October and the unemployment rate hit a 7- 1/2-year low of 5.0
percent in a show of economic strength, sending the dollar up 1.4 percent to the highest since
April. The U.S. futures contract for December delivery settled down 1.5 percent at $1,087.70
an ounce. The contract's volume surged nearly 49,500 lots between in the half hour that
followed the jobs report, the biggest 30-minute burst of volume for the most active contract in a
year. Spot gold was heading for a 4.6 percent decline for the week, the sharpest such slide since
June 2013 and nearing July's 5-1/2-year low. Fed Chair Janet Yellen said on Wednesday that a
rise in rates in December was a "live possibility" if justified by upcoming economic data.
Non-interest-paying gold could see demand take a hit from higher rates. Assets in SPDR Gold
Trust, the top gold-backed exchange-traded fund, tumbled to 671.77 tonnes, the lowest since
mid-August. On Thursday alone, the fund saw outflows of 8.34 tonnes, the biggest daily drop
since July 17.

 SILVER
Silver prices moved up by Rs 130 to Rs 35,929 per kg in futures trade on wednesday as
speculators built up positions amid a higher global trend.In futures trading at the Multi
Commodity Exchange, silver for delivery in December gained Rs 130, or 0.36%, to Rs 35,929
per kg in a business turnover of 251 lots.Also, the white metal for delivery in March was up by
Rs 129, or 0.35%, to Rs 36,543 per kg in five lots.Speculators created fresh positions in tune
with higher global trend before the Federal Reserve Chief Janet Yellen's first speech since the
last central bank meeting, pushing silver prices higher at futures trade.Meanwhile, silver rose
0.2% to $15.29 an ounce in Singapore.

CRUDEOIL
Oil prices rebounded in Asia on Thursday after tanking in the previous session but the market
remains under pressure by a global crude oversupply.Prices were hammered yesterday after
data showed that commercial crude inventories in the United States, the world's top oil
consumer, rose in the week to October 30.US production also increased, further supporting
forecasts that the crude supply glut that has weighed down oil prices for more than a year will
persist well into 2016.In Asia, US benchmark West Texas Intermediate (WTI) for delivery in
December was trading 19 cents higher at $46.51 and Brent crude for December was up 25 cents
to $48.83 at around 0330 GMT. US crude production climbed by 48,000 barrels to 9.16 million
barrels per day, against some market expectations that low prices would steadily push output
down. A stronger US dollar will make crude more expensive for importing countries, thereby
curtailing demand.
Natural gas futures ended little changed on Friday as forecasts for slightly weaker power
generator demand offset expectations for slightly stronger residential and commercial heating
demand. Traders meanwhile have noted for weeks that futures prices were vulnerable to a
short-covering rally if the weather suddenly turns colder because speculators could quickly exit
their bearish bets. Over the past few weeks, speculators have raised their net short positions to
the highest in five years, betting on lower prices. The Commodity Futures Trading Commission
will issue its commitments of traders report for this week later Friday afternoon. Although the
weather is expected to cool over the next two weeks, both the U.S. and European weather
models continue to point to higher-than-normal temperatures through at least late November.

COPPER
Taking positive cues from overseas markets, copper prices moved up by 0.24% to Rs 338.55
per kg in futures trade on friday as speculators created fresh positions.Besides, pick up in
demand from consuming industries in the spot market supported the upside.At the Multi
Commodity Exchange, copper for delivery in far-month February rose by 80 paise, or 0.24%,
to Rs 338.55 per kg in a business turnover of 72 lots.Similarly, the metal for delivery in
November traded higher by 50 paise, or 0.15%, to Rs 330.60 per kg in 2,656 lots.The rise in

copper at futures trade to a firm global trend ahead of US payrolls data, which is expected to
show a steady economic recovery in the world's second-largest metals consumer.Meanwhile,
copper for delivery in three months traded 0.7% higher at $5,046 per tonne on the London
Metal Exchange.

ALUMINIUM
Aluminium prices fell 0.20% to Rs 100.30 per kg in futures trading on friday, taking weak cues
from global markets.Furthermore, subdued demand in the domestic spot markets also weighed
on the metal prices.At the Multi Commodity Exchange, aluminium for delivery in December
shed 20 paise, or 0.20%, to Rs 100.30 per kg in a business turnover of 45 lots.Metal for
delivery in current month (November)fell by 10 paise, or 0.10%, to trade at Rs 99.20 per kg in
1,131 lots.Weakness in aluminium at futures trade was mostly in tune with a downtrend in
select base metals at the London Metal Exchange (LME) and muted demand at domestic spot
markets.

NCDEX - WEEKLY NEWS LETTERS

The Madhya Pradesh Assembly today cleared a supplementary budget of over Rs 8,000 crore
for providing enhanced relief to the drought-affected farmers in the state during the day-long
special session. The session was convened in the midst of an agrarian crisis. Chief Minister
Shivraj Singh Chouhan gave an assurance that the affected farmers will get rice, wheat and salt
at Re 1 per kg each till they tide over the distress.
He said he was pained by every suicide whether it was of a farmer or any other person.
Chouhan further said that there should be no politics over suicide. His address was frequently
hampered by Congress members Sunderlal Tiwari and Ramniwas Rawat. Speaker Sitarsharan
Sharma rose twice from his chair to bring in decorum in the House when the treasury benches
traded charges with the Opposition over disruption of Chouhan's address. To turn the table on
Congress, Chouhan said that the suicide of farmers during the Congress rule in Madhya
Pradesh was just double annually before December 2003.
He said that it was around 2000 annually then and now it has dropped to 1108 last
year. The Chief Minister recalled that during the Congress 10 year regime in MP which came to
an end in December 2003, an amount of Rs 670 crore was disbursed to farmers as relief and
compensation while during the BJP rule in last ten years, a whopping amount of Rs 7,600 crore
has been distributed to farmers during distress.
During Congress rule in MP, the state power generation was 2,900 Mega Watt (MW) whereas
now the power availability in the state was 15,000 MW, he added. Chouhan said that the
farmers were getting adequate power for domestic and agriculture purposes.
The irrigated land was 7.50 lakh hectares in MP during Congress rule which has now gone up
considerably to 36 lakh hectares under BJP regime, he added. After Chouhan's reply, Finance
Minister Jayant Mallaiya moved a motion to pass the supplementary budget of over Rs 8,000
crore which was unanimously passed by voice vote.

 CHANA
Chana prices fell further by 0.19% to Rs 5,190 per quintal in futures trade on Friday following
higher supplies from producing regions at the spot market against muted demand.At National
Commodity and Derivatives Exchange, chana for delivery in December fell further by Rs 10, or
0.19%, to Rs 5,190 per quintal with an open interest of 56,420 lots.Likewise, the commodity
for delivery in November contracts eased by Rs 7, or 0.14%, to Rs 5,171 per quintal in 1,830
lots.The persistent slide in chana futures to increased supplies from producing belts in the
physical market against sluggish demand.

REFSOYA OIL
Refined soya oil prices dropped by 0.55% to Rs 616.70 per 10 kg in futures trading on Friday
amid ample stocks on higher supplies from producing regions at the spot market.At the
National Commodity and Derivatives Exchange, refined soya oil for delivery in December
drifted by Rs 3.40, or 0.55%, to Rs 616.70 per 10 kg with an open interest of 1,40,475 lots.On
similar lines, the oil for delivery in November declined by Rs 2.55, or 0.41%, to Rs 621.70 per
10 kg in 31,930 lots.Offloading of positions by traders, driven by adequate stocks on higher
supplies from producing regions in the physical market against weak demand kept pressure on
refined soya oil prices at futures trade.

CASTORSEED
Castorseed prices fell sharply by Rs 104 to Rs 4,204 per quintal in futures trading on Thursday
as participants trimmed positions amid expectations of higher output following a rise in sowing
acreage. At the National Commodity and Derivatives Exchange, castorseed for delivery in
November was trading down by Rs 104, or 2.41 per cent, to Rs 4,204 per quintal, with an open
interest of 1,61,860 lots. Also, castorseed for delivery in December dropped by Rs 103, or 2.33
per cent, to Rs 4,309 per quintal, in an open interest of 2,23,520 lots. Fall in castorseed prices to
offloading of positions, triggered by higher output estimates amid slackened demand.
Furthermore, weakness in export demand dampened the trading sentiments, they said.

JEERA
Jeera prices closed higher by 1.36 per cent on Wednesday at the National Commodity &
Derivatives Exchange Limited (NCDEX) as the investors increased their holdings in the
commodity in the midst limited arrivals from growing regions. At the NCDEX, jeera futures for
November 2015 contract closed at Rs. 15,660 per quintal, up by 1.36 per cent, after opening at
Rs. 15,450 against the previous closing price of Rs. 15,450. It touched the intra-day high of Rs.
15,690. Sentiment improved further as a result of reduced domestic supplies in the physical
markets and some export enquiries. Global output of Jeera is around 2.2 lakh MT per year, of
which India produces about 1.5 lakh MT per year.

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