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Daily Market Reflection

15th June 2016


Market Outlook

COMDEX

Gold and silver showed bullish movement and if Federal Reserve will
delay the Interest rate hike on 14th June then market can be bullish
and in coming session buying would be profitable but if interest rate
will be hiked today then market can be volatile and bearishness can
be seen. Crude showed bearishness and could be volatile in coming
session because British can exit from Euro zone. Zinc showed bearish
movement because its inventory was very positive as compared to last
some days. Selling would be profitable in zinc.
Fundamental News
Worries remained heightened that a U.K. referendum on
Fundamental
Factors
European Union
membershipset for June 23 and expected to
be fully tallied on June 24will result in a British exit from the
bloc, and potentially stir uncertainty in the market.
Supply-side worries have also increased after a Nigerian militant
group on Sunday urged other rebels to join peace negotiations
with the government to put an end to the attacks on the nations
oil installations.

Important Data
Time

Currenc
y

Event

6:00 pm

CAD

Manufacturing
Sales m/m

6:00 pm

USD

PPI m/m

8:00 pm

USD

11:30
pm
11:30
pm

USD

FOMC Economic
Projections

USD

FOMC Statement

11:30
pm

USD

Foreca
st

Previou
s

0.7%

-0.9%

0.3%

0.2%

Crude Oil
Inventories

Federal Funds Rate

-3.2M

<0.50%

<0.50%

Market Updates
MCX
Date
13-06-16
GOLD
SILVER
CRUDE
COPPER
ALUMINIUM
LEAD
NICKEL
ZINC
NATURALGAS
COMEX
GOLD
SILVER
CRUDE
COPPER
USDINR
$ INDEX

30399
41447
3275
305.70
107.35
115.60
596.30
139.40
174.40
Date
13-06-16
1285.50
17.435
48.40
2.056
67.160
94.42

Date
14-0616
30558
41519
3257
304.85
107.80
113.75
597.40
135.40
175.40
Date
14-06-16
1286.20
17.390
48.37
2.041
67.353
94.93

% Chg
+0.52%
+0.17%
-0.55%
-0.28%
+0.42%
-1.60%
+0.18%
-2.87%
+0.57%
% Chg
-0.05%
-0.30%
-1.04%
-0.61%
+0.25%
+0.54%

OUR PREVIOUS CALLS UPDATE


Intraday super star
Date Commodity Entry
Exit
P/L
14/0 CHANA
6
Multibagger
Date Commodity Entry
Exit
14/0 CRUDE
3260
3235
6
Trifid special
Date Commodity Entry
Exit
14/0 ZINC
6
For our next calls click here..

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P/L
2500

P/L
-

Gold and Silver


GOLD

PIVOT
S
MCX
COME

COMEX GOLD

S1

S2

R1

R2

30400
1275

30250
1268

30600
1290

30750
1300

SILVER

Gold showed strong bullish movement and found the


important resistance around 30581 and made a recent
new high. Now if it broke 30600 resistance levels than
30800 will act as next resistance level. On the other
hand 30250 will be major support level.
COMEX SILVER

PIVOTS

S1

S2

R1

R2

MCX
COMEX

41000
17.25

40500
17.00

41500
17.50

42000
17.80

Silver showed sideways to bullish movement. Now if it


broke the important resistance level of 41700 then
42000 act as next resistance level. On lower side 40700
will act as important support level.

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Crude and Copper


CRUDE

COMEX CRUDE

PIVOTS

S1

S2

R1

R2

MCX

3235

3200

3275

3310

COMEX

48.00

47.50

48.70

49.20

COPPER

Crude oil showed bullish movement after found the


support of 3230. Now if it showed bearish movement
and sustain below 3230 then 3200 will be next support
level. On the higher side important resistance is 3310.

COMEX COPPER

PIVOTS

S1

S2

R1

R2

MCX

303

300

307

310

COMEX

2.0210

2.0075

2.0390

2.0560

Copper showed sideways movement and trade in the


range of 307-303. Sustain below 303 then next support
level will be seen at 300. If some correction happens on
higher side then it pull towards resistance level of 310.

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Other Commodities
PIVOT
COMMODITIE
S

S1

S2

R1

R2

VOLUME

OI

TREND

ALUMINIUM

107.20

106

108.50

110

9374

3375

Bullish

LEAD

113.30

112

114.50

116

12922

4397

Bearish

NICKEL

590

575

610

625

19087

18331

Bearish

ZINC

135

133.50

136

137.50

27824

7393

Bearish

NATURAL GAS

172

168

179

183

56984

8736

Bearish

LME INVENTORY
dasdasdinkjjlfcnl
COMMODITIES
8/06/2016

9/06/2016

10/06/2016

13/06/2016

14/06/2016

ALUMINIUM

-6650

-6700

-7400

-5375

-7025

COPPER

+11075

+5950

-2550

-3050

-4350

LEAD

-25

-768

-25

-930

-25

NICKEL

-984

+550

-84

-84

-3072

ZINC

+3075

-1250

-500

-325

+4000

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Agri Commodity Updates


SOYABEAN
Soyabean showed bearish movement all the day
and found the support of 3900. Now if it maintain
below 3900 then 3870 will be next support level. And
on higher side 3965 will be act as major resistance
level.

PIVOTS

S1

S2

R1

R2

3900

3870

3945

3975

TURMERIC
Turmeric showed sideways to negative trend and
found the support of 7925. Now on lower side7925
will act as important support level below which it will
drag towards the support level of 7850. On higher
side some correction pulls it towards the resistance
level of 8070.

PIVOTS

S1

S2

R1

R2

7920

7850

8015

8090

MENTHAOIL
Menthaoil showed correction on higher side and
found the resistance of 842. Now on lower side 835
will act as important support level below which it will
drag towards the support level of 830. On higher
side some correction pulls it towards the resistance
level of 845.

PIVOTS

S1

S2

R1

R2

835

830

842

847

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Intraday Super Star


(Premium Section)

CALL: BUY ALUMINIUM AVOVE 108.10 TARGETS 108.80/109.50 SL 107.

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Multibagger Call
(Premium Section)

CALL: SELL LEAD BELOW 113.60 TARGETS 112.60/111 SL 115.

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Trifid Special
(Premium Section)

CALL: BUY GOLD ABOVE 30580 TARGETS 30650 SL 30490.

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