Daily Market Reflection

4 ST July 2016
Market Outlook

COMDEX

Gold and silver showed bullish movement in last trading session and
closed above its major resistance. Brexit news is continuously
supporting gold and silver bullish movement because economic
turmoil in the global economy is increasing and economies are more
volatile so investors are moving to safe heaven. Buying gold and silver
would be profitable for coming session. Base metals also showed
bullish movement as demand is continuously increasing from china. In
coming session more bullishness can be seen in base metals.
Fundamental News
Gold
rose onFactors
Friday and was headed for its fifth straight weekly
Fundamental
gain, boosted by a weaker dollar as the safe-haven asset
continued to be in demand despite an increase in risk appetite
post the Brexit vote.
Falling crude inventories, concerns over Brexit uncertainty,
political crisis in Venezuela and strike of oil workers in Norway
were the push factors for oil prices over the past fortnight.

Important Data
Time

Currenc
y

Event

Foreca
st

Previou
s

All Day

USD

Bank Holiday

7:00am

AUD

Building Approvals
m/m

-3.6%

3.0%

Spanish
Unemployment
Change

-74.3K

-119.8K

GBP

Construction PMI

50.6

51.2

2:30pm

EUR

PPI m/m

0.3%

-0.3%

8:00pm

CAD

BOC Business
Outlook Survey

12:30pm

2:00pm

EUR

Market Updates
MCX
Date
30-06-16
GOLD
31199
SILVER
43467
CRUDE
3304
COPPER
ALUMINIUM
LEAD
NICKEL
ZINC
NATURALGAS
COMEX
GOLD
SILVER
CRUDE
COPPER
USDINR
$ INDEX

327
110.60
120.25
636.70
142.10
197.30
Date
30-06-16
1320.60
18.623
48.33
2.196
67.7725
95.95

Date
1-07-16
31663
46403
3271
333.15
111.75
125
671.10
144.35
199.20
Date
1-07-16
1344.10
19.865
49.27
2.222
67.5950
95.72

% Chg
+0.85%
+4.62%
-1.00%
+0.77%
+0.40%
+3.35%
+5.04%
+1.55%
+0.96%
% Chg
+1.78%
+6.67%
+1.94%
+1.21%
-0.26%
-0.24%

OUR PREVIOUS CALLS UPDATE

Intraday super star
Date Commodity Entry
Exit
P/L
01/0 COPPER
331.10 327
7
Multibagger
Date Commodity Entry
Exit
01/0 ALUMINIUM 7
Trifid special
Date Commodity Entry
Exit
01/0 CRUDE
3335
3270
7
For our next calls click here..

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-4100

P/L
-

P/L
-6500

Gold and Silver

GOLD

PIVOT
S
MCX
COME

COMEX GOLD

S1

S2

R1

R2

31270
1335

31150
1325

31600
1350

31850
1360

SILVER

Gold showed bullish movement and gave breakout of

pennant pattern. Now if it will break the important
resistance level of 31600 then 31850 will act as next
resistance level. On lower side 31150 will act as vital
support level.
COMEX SILVER

PIVOTS

S1

S2

R1

R2

MCX
COMEX

45900
19.35

45450
18.45

46600
19.90

47250
20.40

Silver showed bullish movement. Now if it will break the

important resistance level of 46600 then 47250 will act
as next resistance level. On lower side 45450 will act as
vital support level.

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Crude and Copper

CRUDE

COMEX CRUDE

PIVOTS

S1

S2

R1

R2

MCX

3230

3170

3300

3355

COMEX

48.66

47.89

50

50.60

COPPER

Crude oil showed sideways movement. Now if it

showed bearish movement and sustain below 3230
then 3170 will be next support level. On the other hand
3355 will act as important resistance level.

COMEX COPPER

PIVOTS

S1

S2

R1

R2

MCX

331

327

336

340

COMEX

2.2063

2.1948

2.2247

2.2409

Copper showed bearish movement in morning session but it

was not able to hold on lower levels and found support of
326 and bounce back towards the new high of 335.35. Now if
it will break the resistance of 336 then 340 will act as next
resistance level. On the other hand 331 will act as a important
support level.

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Other Commodities
PIVOT
COMMODITIE
S

S1

S2

R1

R2

VOLUME

OI

TREND

ALUMINIUM

110.80

109.60

112.20

114

7415

3079

Bullish

LEAD

122.50

120.30

126.80

128.90

17406

2835

Bullish

NICKEL

664

624

690

716

50664

10799

Bullish

ZINC

142.50

140.10

145.70

148

29080

10305

Bullish

NATURAL GAS

193

187

203

207

65796

11429

Bullish

LME INVENTORY
dasdasdinkjjlfcnl
COMMODITIES
27/06/2016

28/06/2016

29/06/2016

30/06/2016

1/07/2016

ALUMINIUM

-6900

-8675

-6700

-5750

-5750

COPPER

-675

+1250

+1250

-2675

-2400

LEAD

-25

-275

+900

-948

-75

NICKEL

-312

-708

-789

-1025

+228

ZINC

+17625

-1200

-2350

+16950

-475

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Agri Commodity Updates

GUARSEED
Guarseed showed strong bearish movement after
found the important resistance level of 3240. Now on
lower side 3140 will act as important support level
below which it will drags towards the support level of
3100. On higher side some correction it towards the
resistance level of 3200.
PIVOTS

S1

S2

R1

R2

3140

3110

3205

3240

DHANIYA
Dhaniya showed bearish movement and found
support of 7156. Now on higher side 7250 will
as important resistance level above which it
bounce towards the resistance level of 7325.
lower side some correction pulls it towards
support level of 7075.

PIVOTS

S1

S2

R1

R2

7150

7075

7250

7325

the
act
will
On
the

SOYABEAN
Soyabean showed sideways to negative movement
and found the support of 3707. Now on lower side
3705 will act as important support level below which
it will drags towards the support level of 3680. On
higher side some correction it towards the
resistance level of 3750.

PIVOTS

S1

S2

R1

R2

3705

3680

3750

3780

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Intraday Super Star

(Premium Section)

CALL: BUY CRUDE ABOVE 3285 TARGETS 3325/3375 SL 3230.

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Multibagger Call
(Premium Section)

CALL: BUY ALUMINIUM ABOVE 111.55 TARGETS 112.55/113.55 SL 110.

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Trifid Special
(Premium Section)

CALL: BUY GOLD ABOVE 31585 TARGETS 31685/31900 SL 31485.

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