Daily Market Reflection

16th May 2016

COMDEX

Market Outlook
Gold and silver showed negative movement because of the positive
economic data of core retail sales and retail sales. Good economic
data increases the chance of higher interest rate in upcoming federal
meeting. In coming session weak can be seen on strong data if the
chances of interest rate hike were higher gold and silver can be
moved into bearish phase. Crude oil showed sideways movement but
in the upcoming session it can show some positive movement as
demand from China and India is about to increase according to major
economic conditions.
Fundamental
Fundamental News
Factors

The dollar pushed higher against the other major currencies

on Friday, after the release of upbeat U.S. retail sales data
boosted optimism over the strength of the economy.

OPEC said the global oil market remains oversupplied and

pointed to a larger supply surplus on the market this year, as
its own surging output makes up for losses in outside
producers hurt by the collapse in prices.

Important Data
Time

Currency

Event

Forecast

Previous

All Day

CHF

Bank Holiday

All Day

EUR

German Bank Holiday

All Day

EUR

French Bank Holiday

11:30am

JPY

Prelim Machine Tool

Orders y/y

-21.2%

6:00pm

USD

Empire State
Manufacturing Index

9.6

7:30pm

USD

NAHB Housing Market

Index

58

Market Updates
MCX
Date
12-05-16
GOLD
29901
SILVER
40803
CRUDE
3096
COPPER
308.45
ALUMINIUM 103.20
LEAD
114.55
NICKEL
577.90
ZINC
124.85
NATURALGAS 143.90
COMEX
Date
12-05-16
GOLD
1271.20
SILVER
17.103
CRUDE
46.70
COPPER
2.75
USDINR
66.8100
$ INDEX
94.11

Date
13-05-16
30034
40974
3097
309.85
102.95
114.95
580.90
126.50
141.40
Date
13-05-16
1273.50
17.120
46.20
2.075
66.9300
94.64

% Chg
+0.44%
+0.42%
+0.03%
+0.45%
-0.24%
+0.35%
+0.52%
+1.32%
-1.74%
% Chg
+0.18%
+0.10%
-1.09%
+0.02%
+0.18%
+0.56%

Our Previous calls update

Intraday super star
Date

Commodity

Entry

Exit

P/L

13/05

GUARSEED

3165

3100

6500

Date Commodity
13/05 ALUMINIUM
Trifid special

Entry
103.30

Exit
102.40

P/L
4500

Date
11/05

Entry
117.30

Exit
118.10

P/L
4000

Multibagger

Commodity
LEAD

For our next calls click here..

www.trifidresearch.com | Email id: info@trifidresearch.com | Toll Free: 1800-270-1410

Gold and Silver

GOLD

COMEX GOLD

PIVOTS S1
MCX
29800
COMEX 1263

S2
29600
1258

R1
30075
1274

R2
30285
1280

SILVER

Gold today showed downward movement in morning

session and in evening session pull towards the resistance
level of 30000. Sustaining below 29800 again drag it upto
the support level of 29600.
COMEX SILVER

PIVOTS

S1

S2

R1

R2

SILVER over all showed sideways movement in morning

MCX
COMEX

40500
16.90

40000
16.50

41100
17.20

41500
17.40

session bulls breach it to the resistance level of 41000 and in

evening session it drag down towards the support level of
40500. Bearishness may again drag it upto the support level
of 39750.

www.trifidresearch.com | Email id: info@trifidresearch.com | Toll Free: 1800-270-1410

Crude and Copper

CRUDE

COMEX CRUDE

PIVOTS

S1

S2

R1

R2

MCX

3034

2995

3085

3115

COMEX

45.50

44.90

46.15

46.80

COPPER

MCX Crude after giving false breakout of its previous high

traded in sideways trend. Now maintain above 3140 will
bounce back it to resistance level of 3200.
COMEX COPPER

PIVOTS

S1

S2

R1

R2

Copper showed sideways to bullish movement all the day as

MCX

307

305

310.70

313.50

all base metals showed same way and found support of 311.

COMEX

2.0435

2.0280

2.0695

2.0860

Now below 307 bearishness may continue towards the

support level of 305.

www.trifidresearch.com | Email id: info@trifidresearch.com | Toll Free: 1800-270-1410

Other Commodities
PIVOTS
COMMODITIES

S1

S2

R1

R2

VOLUME

OI

TREND

ALUMINIUM

102.20

101.20

103.50

104.50

6162

5263

Bearish

LEAD

114.30

113.30

115.50

116.50

11629

2680

Bearish

NICKEL

572

560

590

600

23308

5448

Bearish

ZINC

126

125

127.75

128.75

20461

5448

Bullish

NATURAL GAS

143.50

140

147

150

63271

6166

Sideways

LME Inventory
Commodities

9/05/2016

10/05/2016

11/05/2016

12/05/2016

13/05/2016

ALUMINIUM

-4925

-7125

-7375

-8900

-4825

COPPER

+575

+1300

+725

-1625

-3325

LEAD

-250

+1575

-50

+750

+25

NICKEL

-594

+24

-690

-6

-1674

ZINC

-875

-825

-875

-1100

-1125

www.trifidresearch.com | Email id: info@trifidresearch.com | Toll Free: 1800-270-1410

Agri Commodity Updates

SOYABEAN
Soyabean showed sideways movement all the day and
consolidated near to support level of 3966. Now it
sustains below 3965 then next support level is seen
around 3900.

PIVOTS

S1

S2

R1

R2

3965

3920

4015

4040

JEERA
Jeera showed sideways movement and consolidating
around trendline. Now if it maintain above 16850 then
next resistance level is seen around 17100. And on
other hand if some correction happens on lower side
then 16500 will act as major support level.

PIVOTS

S1

S2

R1

R2

16630

16500

1685

17000

DHANIYA
Dhaniya

today

opened

on

higher

note

and

consolidating around its important resistance level of

7400. Now if it maintains above 7400 then next
resistance level is seen around 7530. On the other hand
some correction on lower side takes it towards the
support level of 7250.

PIVOTS

S1

S2

R1

R2

7300

7230

7400

7500

www.trifidresearch.com | Email id: info@trifidresearch.com | Toll Free: 1800-270-1410

Intraday Super Star

(Premium Section)

CALL***** *****TARGETS ****/***** SL *****. For complete call subscribe our premium reports.

www.trifidresearch.com | Email id: info@trifidresearch.com | Toll Free: 1800-270-1410

Multibagger Call
(Premium Section)

CALL: ********** TARGETS******/***** SL *****. For complete call subscribe our premium reports.

www.trifidresearch.com | Email id: info@trifidresearch.com | Toll Free: 1800-270-1410

Trifid Special
(Premium Section)

CALL:******** TARGETS***** SL *****. For complete call subscribe our premium reports.

www.trifidresearch.com | Email id: info@trifidresearch.com | Toll Free: 1800-270-1410

DISCLAIMER
Trifid Research respects and values the Right to Policy of each and every individual. We are esteemed
by the relationship and by becoming our clients; you have a promise from our side that we shall
remain loyal to all our clients and non-clients whose information resides with us. This Privacy Policy
of Trifid Research applies to the current clients as well as former clients. Below are the word by word
credentials of our Privacy Policy:
1. Your information, whether public or private, will not be sold, rented, exchanged, transferred
or given to any company or individual for any reason without your consent.
2. The only use we will be bringing to your information will be for providing the services to you
for which you have subscribed to us.
3. Your information given to us represents your identity with us. If any changes are brought in
any of the fields of which you have provided us the information, you shall bring it to our
notice by either calling us or dropping a mail to us.
4. In addition to the service provided to you, your information (mobile number, E-mail ID etc.)
can be brought in use for sending you newsletters, surveys, contest information, or
information about any new services of the company which will be for your benefit and while
subscribing for our services, you agree that Trifid Research has the right to do so.
5. By subscribing to our services, you consent to our Privacy Policy and Terms of Use.
6. Trifid research does not guarantee or is responsible in any which way, for the trade execution
of our recommendations, this is the sole responsibility of the client.
7. Due to the markets volatile nature, the trader may/ may not get appropriate opportunity to
execute the trades at the mentioned prices and Trifid Research holds no liability for any
profit/ loss incurred whatsoever in this case.
8. It is the responsibility of the client to view the report timely from our Premium member
section on our website: www.trifidresearch.com and the same will also be mailed to this
registered email id.
9. Trifid research does not hold any liability or responsibility of delay in mail delivery of
reports, as this depends on our mail service providers network infrastructure.
10. The clients can call us for any query related to buying/selling the securities, based on our
recommendations.

www.trifidresearch.com | Email id: info@trifidresearch.com | Toll Free: 1800-270-1410