30/08/2017

301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free : 18003157801
30/08/2017

Crude oil futures extend decline on concern over a fall in

demand:

Crude oil futures once again ended lower on Tuesday,

as investor concerns grew over a fall in demand for
U.S. oil, after Hurricane Harvey tore through Texas,
shutting down more than 16% of overall U.S.
capacity. Traders were awaiting inventory data for
further cues, expecting the API to report another
drawdown in oil inventories last week. However,
inventories are likely rise from this week due to
interruptions at refineries near Houston.

Copper futures end higher on

Tuesday:
Comex copper futures ended higher on Tuesday,
while London copper prices too rallied to its highest in
three years as inventories in London and Shanghai
fell and the dollar sank after North Korea raised
geopolitical tensions by launching a missile that flew
over northern Japan.

Gold futures end higher on Tuesday:

Gold futures ended higher on Tuesday as investors

bought bullion as insurance against falling prices of
other assets after North Korea tested a ballistic
missile over Japan. Besides, a weaker dollar
against some major basket of currencies also
added support to gold prices uptrend.

301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free : 18003157801
 30/08/2017

TECHNICAL ANALYST

GOLD
OUTLOOK:

TREND: - UP

RESISTANCE: - 29700, 29800.

SUPPORT: - 29500, 29400.

STRATEGY: - SELL ON HIGH.

TECHNICAL OUTLOOK

Gold slipped from its 11 month high yesterday as equities stated a recovery in US. US stocks shrugged off the North
Korea tensions amid decent buying support in tech counters. Apple shares hit an all-time high. This pulled COMEX
Gold from around $1230 per ounce to slightly under $1220 levels. MCX Gold futures hit highs above Rs 29930 per 10
grams and ended at Rs 29644 per 10 grams, up 0.48% on the day. Expect a tepid start to the local futures today.

301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free : 18003157801
 30/08/2017

OUTLOOK:
SILVER
TREND: - UP

RESISTANCE: - 40000, 40200.

SUPPORT: - 39600, 39400.

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 39818 per 30 kilogram.
On the higher side Rs 40275 per 30 kilogram as resistances were noted while lows were at Rs 39755 per 30
kilograms as support noted. The metals remain under a volatile zone.

301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free : 18003157801
 30/08/2017

COPPER
OUTLOOK:

TREND: - UP

RESISTANCE: - 435.50,438.

SUPPORT: -430.50, 428.

STRATEGY: - SELL ON HIGH.

TECHNICAL OUTLOOK

Copper soared to near three year high on sustained weakness in US dollar and supportive equities. COMEX Copper is
currently up 0.26% at $3.11 per pound. MCX Copper futures ended up 0.70% at Rs 434 per kg.

301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free : 18003157801
 30/08/2017

CRUDE OIL

OUTLOOK:

TREND: - DOWN

RESISTANCE: - 3000, 3030.

SUPPORT: - 2930, 2900.

STRATEGY: - SELL ON HIGH.

TECHNICAL OUTLOOK

WTI Crude oil futures closed at their lowest level in more than a month as refinery outages in the wake of Hurricane
Harvey continued to worry traders about diminished demand for US oil. Recent trends indicate that moderate rallies
have not been holding up despite steady cues from equities. Oil markets are likely to be weary ahead of the EIA
Crude oil inventories data today. WTI futures are trading at $46.30 per barrel, down 0.30% on the day. MCX Crude
oil futures closed flat around Rs 2970 per barrel.

301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free : 18003157801
30/08/2017

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
30/08/2017

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