19/07/2017

301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free : 18003157801
19/07/2017

Crude oil futures recover on Tuesday:

Crude oil futures bounced back and ended higher on

Tuesday amid reports that Saudi Arabia will sharply
cut oil production in the face of defiance from fellow
OPEC members. The report suggested that Saudi
Arabia is considering cutting crude exports by up 1
million barrels a day. Investors also cheered data
suggesting that rising global demand for crude could
offset some of the current excess supply. A weak US
dollar also boosted commodities.

Copper futures end marginally higher

on upbeat Chinese data:
Copper futures ended marginally higher on Tuesday after upbeat data
on June Chinese industrial output assuaged fear of a slowdown from
one of the biggest buyers of the commodity. Chinese Industrial
production rose 7.6 percent in June year-on-year, above the 6.5
percent expected and the fastest in three months. Meanwhile, China's
economy expanded at a faster-than-expected 6.9 percent clip in the
second quarter, setting the country on course to comfortably meet its
2017 growth target.

Gold futures end higher on Tuesday:

Gold futures ended higher on Tuesday supported

by expectations of stronger demand from the
physical market and as the dollar slipped against a
basket of major currencies on fading prospects of
an imminent increase in US interest rates.

301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free : 18003157801
 19/07/2017

TECHNICAL ANALYST

GOLD
OUTLOOK:

TREND: - DOWN

RESISTANCE: - 28350, 28450.

SUPPORT: - 28130, 28000.

STRATEGY: - SELL ON HIGH.

TECHNICAL OUTLOOK

COMEX Gold jumped to a two-week high of $1244 per ounce on Tuesday as the US dollar slipped to multi-month lows
amid fading prospects of further interest rate hikes by the US Federal Reserve this year and doubts whether
President Donald Trump would be able to push through healthcare reforms. Equities also took a breather yesterday,
boosting Gold. COMEX Gold futures are currently quoting flat around $1240 per ounce levels. MCX Gold futures
closed up half a percent at Rs 28254 per 10 grams and should stay supported today given the recent momentum.

301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free : 18003157801
 19/07/2017

OUTLOOK:
SILVER
TREND: - DOWN

RESISTANCE: - 37700, 37850.

SUPPORT: - 37400, 37250.

STRATEGY: - SELL ON HIGH.

TECHNICAL OUTLOOK

The Prices of silver were gained on Tuesday. And at end of the day the prices were settled at 37695 per 30 kilogram.
On the higher side Rs 37776 per 30 kilogram as resistances were noted while lows were at Rs 37317 per 30
kilograms as support noted. The metals remain under a volatile zone.

301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free : 18003157801
 19/07/2017

COPPER
OUTLOOK:

TREND: - UP

RESISTANCE: - 391,393.50.

SUPPORT: -386, 383.50.

STRATEGY: - BUY ON LOW.

TECHNICAL OUTLOOK

The session of Copper showed declines in the MCX commodity exchange. The prices of Copper were down 0.07% to
end at Rs 389 per kg. The prices tested a high of Rs 389.65 per kg, and a low of Rs 386.65 per kg.

301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free : 18003157801
 19/07/2017

CRUDE OIL

OUTLOOK:

TREND: - UP

RESISTANCE: - 2990, 3020.

SUPPORT: - 2930, 2900.

STRATEGY: - BUY ON LOW.

TECHNICAL OUTLOOK

Oil prices fell yesterday after a rise in US crude inventories and concerns that high supplies from producer club OPEC
would keep the market well supplied. U.S. crude stocks rose last week, adding 1.6 million barrels in the week to July
14 to 497.2 million barrels, industry group the American Petroleum Institute said late on Tuesday, according to media
reports. WTI Crude oil futures slipped from highs near $47 per barrel following this and currently trade down 0.20%
at $46.30 per barrel. MCX Crude oil futures ended at Rs 2976 per barrel, almost flat on the day after hitting highs
near Rs 3020 per barrel.

301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free : 18003157801
19/07/2017

DISCLAIMER

The information and views in this report, our website & all the service we provide
are believed to be reliable, but we do not accept any responsibility (or liability) for
errors of fact or opinion. Users 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. Trade India Research Recommends that investors independently
evaluate particular investments and strategies, and encourages investors to seek
the advice of a financial adviser. Trade India Research 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 NSE and BSE.

The share price projections shown are not necessarily indicative of future price
performance. The information herein, together with all estimates and forecasts,
can change without notice. Analyst or any person related to Trade India Research
might be holding positions in the stocks recommended. 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 . Any surfing and reading of the
information is the acceptance of this disclaimer.

301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free : 18003157801
19/07/2017

All Rights Reserved.

Investment in Commodity and equity market has its own risks.

We, however, do not Touch for the accuracy or the completeness thereof. we are
not responsible for any loss incurred whatsoever for any financial profits or loss
which may arise from the recommendations above. Trade India Research does not
purport to be an invitation or an offer to buy or sell any financial instrument. Our
Clients (Paid Or Unpaid), Any third party or anyone else have no rights to forward
or share our calls or SMS or Report or Any Information Provided by us to/with
anyone which is received directly or indirectly by them. If found so then Serious
Legal Actions can be taken.

301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free : 18003157801