04/08/2017

301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free : 18003157801
04/08/2017

EIA Natural Gas Storage Down 9% On Year:

Natural Gas futures slipped in Asia and should see a

mild opening on MCX though overall sentiments
remain steady. The latest Energy Information
Administration (EIA) natural gas storage data
recorded a build of 17 Billion Cubic feet (Bcf) for the
week ending July 21st. The increase was below the
28 Bcf recorded last week and below consensus
forecasts of a build around 25 Bcf.

Copper futures trade lower on MCX:

Copper futures traded lower on MCX as speculators cut down
their bets, amid weak trend in industrial metals following sluggish
demand from consuming industries at the domestic spot market.

Gold Sees Wild Moves, Hits Back Above $1270 Despite Weak
Demand In H1 2017:
The global gold demand in Q2 2017 was 953
tonnes (t), witnessing a drop of 10% compared
with the same period in 2016, according to the
World Gold Council's latest Gold Demand Trends
report. The report also stated that there was a14%
decline in gold demand for the first half of 2017,
which slowed to 2,004t.

301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free : 18003157801
 04/08/2017

TECHNICAL ANALYST

GOLD
OUTLOOK:

TREND: - DOWN

RESISTANCE: - 28700, 28850.

SUPPORT: - 28400, 28250.

STRATEGY: - SELL ON HIGH.

TECHNICAL OUTLOOK

Gold recovered smartly in intraday moves yesterday. The came under heavy selling pressure initially as weak
demand figures for first half of the year hurt sentiments. The metal extended losses from seven week highs though
persistent weakness in US dollar put a floor under the counter. The COMEX Gold futures are currently trading at
$1274 per ounce, flat on the day and just below seven week high. MCX Gold futures tested a low of Rs 28300 per 10
grams before ending around Rs 28490 per 10 grams. Sentiments remain mixed ahead of the weekend.

301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free : 18003157801
 04/08/2017

OUTLOOK:
SILVER
TREND: - DOWN

RESISTANCE: - 38200, 38400.

SUPPORT: - 37800, 37600.

STRATEGY: - SELL ON HIGH.

TECHNICAL OUTLOOK

The Prices of silver were down on Thursday. And at end of the day the prices were settled at 38027 per 30 kilogram.
On the higher side Rs 38213 per 30 kilogram as resistances were noted while lows were at Rs 37160 per 30
kilograms as support noted. The metals remain under a volatile zone.

301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free : 18003157801
 04/08/2017

COPPER
OUTLOOK:

TREND: - DOWN

RESISTANCE: - 409,412.50.

SUPPORT: -404, 401.50.

STRATEGY: - SELL ON HIGH.

TECHNICAL OUTLOOK

The contract for August delivery was trading at Rs 403.70, down by 0.48% or Rs 1.95 from its previous closing of Rs
405.65. The open interest of the contract stood at 18076 lots.

The contract for November delivery was trading at Rs 410.25, down by 0.47% or Rs 1.95 from its previous closing of
Rs 412.20. The open interest of the contract stood at 2852 lots on MCX.

301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free : 18003157801
 04/08/2017

CRUDE OIL

OUTLOOK:

TREND: - UP

RESISTANCE: - 3150, 3180.

SUPPORT: - 3090, 3060.

STRATEGY: - SELL ON HIGH.

TECHNICAL OUTLOOK

Benchmark crude oil futures for September delivery slumped by $0.56 or 1.1percent to $49.03 on the New York
Mercantile Exchange. In London, Brent crude for September delivery ended lower by 0.63 percent at $52.03 a barrel
on the ICE. MCX Crude oil futures closed around Rs 3143 per barrel yesterday as a drop from highs Rs 3185
extended.

301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free : 18003157801
04/08/2017

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
04/08/2017

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