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✍ MCX DAILY LEVELS
DAILY EXPIRY DATE R4 R3 R2 R1 PP S1 S2 S3 S4
ALUMINIUM 31 JUL 2015 107 106 105 104 103 102 101 100 99
COPPER 31 AUG 2015 346 345 344 342 341 339 338 337 336
CRUDE OIL 20 JUL 2015 3170 3150 3130 3110 3080 3060 3040 3020 3000
GOLD 05 AUG 2015 2520
0
25100 2500 24900 24800 24700 24600 24500 24300
LEAD 31 JUL 2015 113 112 111 110 109 108 107 106 105
NATURAL GAS 28 JUL 2015 184 183 182 181 180 178 177 176 175
NICKEL 31 JUL 2015 745 740 735 735 730 725 720 715 710
SILVER 04 SEP 2015 3440
0
34300 34200 34100 34000 33900 33800 33700 33600
ZINC 31 JUL 2015 129 128 127 126 125 124 123 122 121
✍ MCX WEEKLY LEVELS
WEEKLY EXPIRY R4 R3 R2 R1 PP S1 S2 S3 S4
ALUMINIUM 31 JUL 2015 110 108 106 104 102 100 98 96 94
COPPER 31 AUG 2015 350 347 344 342 339 337 335 333 330
CRUDE OIL 20 JUL 2015 3230 3200 3170 3130 3100 3070 3040 3010 2980
GOLD 05 AUG 2015 25500 25300 25100 24900 24700 24500 24300 24100 23900
LEAD 31 JUL 2015 116 114 112 110 108 106 104 102 100
NATURAL GAS 28 JUL 2015 187 185 183 181 179 177 175 173 171
NICKEL 31 JUL 2015 760 750 740 730 720 710 700 690 680
SILVER 04 SEP 2015 34800 34600 34400 34200 34000 33800 33600 33400 33200
ZINC 31 JUL 2015 131 129 127 125 123 121 119 117 115
✍ NCDEX DAILY LEVELS
DAILY EXPIRY
DATE
R4 R3 R2 R1 PP S1 S2 S3 S4
SYOREFIDR 20 AUG 2015 575 574 573 572 571 570 569 568 567
SYBEANIDR 20 AUG 2015 3540 3456 3372 3341 3288 3257 3204 3120 3036
RMSEED 20 AUG 2015 4384 4298 4212 4181 4126 4095 4040 3954 3868
JEERAUNJHA 20 AUG 2015 16251 16031 15811 15723 15591 15503 15371 15151 14931
CHANA 20 AUG 2015 4921 4818 4715 4680 4612 4577 4509 4406 4303
CASTORSEED 20 AUG 2015 4132 4063 3994 3964 3925 3895 3856 3787 3718
✍ NCDEX WEEKLY LEVELS
WEEKLY EXPIRY
DATE
R4 R3 R2 R1 PP S1 S2 S3 S4
SYOREFIDR 20 AUG 2015 581 579 577 575 573 570 568 566 564
SYBEANIDR 20 AUG 2015 4000 3778 3556 3433 3334 3211 3112 2890 2668
RMSEED 20 AUG 2015 4638 4476 4314 4232 4152 4070 3990 3828 3666
JEERAUNJHA 20 AUG 2015 17985 17245 16505 16070 15765 15330 15025 14285 13545
CHANA 20 AUG 2015 5021 4887 4753 4699 4619 4565 4485 4351 4217
CASTORSEED 20 AUG 2015 4409 4257 4105 4020 3953 3868 3801 3649 3497
MCX - WEEKLY NEWS LETTERS
INTERNATIONAL NEWS
✍ Gold
Gold prices on Friday fell by Rs 320 to trade at Rs 25,050 per 10 gm and silver cracked the Rs
34,000-level to trade at about five-year low at the bullion market here due to a weak trend in
global market and slackened demand from jewelers and retailers.Bullion merchants said a weak
global trend where gold extended losses to five-year low as the US economy data that showed
improvement backed the case for higher interest rates, has cut demand for the precious metals
as a safe-haven, leading to fall in gold and silver prices. Lead down by 1% on weak global cues
Lead prices declined by 1.02% to Rs 111.80 per kg in futures trade on Wednesday as
participants reduced their positions amid a weak trend in base metals overseas.Further, subdued
demand at domestic spot markets too weighed on prices.At the Multi Commodity Exchange,
lead for delivery in July month contracts was down by Rs 1.15, or 1.02% to Rs 111.80 per kg in
business turnover of 409 lots.On similar lines, the metal for delivery in August shed Rs 1.10, or
0.96% to trade at Rs 113.10 per kg in 20 lots.It is attributed that the fall in lead futures to
trimming of positions by speculators taking weak cues from London Metal Exchange (LME) it
fell to the lowest level in two weeks as industrial metals retreated amid concern about slowing
demand in China, the world's biggest consumer, and prospects for higher US interest
rates.Globally, at LME, lead fell by 1.3%.
✍ Copper
Amid a weak trend in global market and easing spot demand,ccopper prices fell marginally
0.09% to Rs 345.10 per kg in futures trade on friday.At Multi Commodity Exchange, copper for
delivery in far-month November shed 30 paise, or 0.09%, to Rs 345.10 per kg in a business
turnover of 36 lots.The metal for delivery in August traded lower by 25 paise, or 0.07%, to Rs
338.35 per kg in 773 lots.It is attributed that the fall in copper futures to a weak trend in base
metals at the London Metal Exchange (LME) on rising supply and slowing Chinese
demand.Besides, a stronger dollar, which makes raw materials more expensive in other
currencies, too weighed on the metal futures here.Globally, copper for delivery in three months
fell 1.3% at to $5,202.50 at the LME, the lowest level since 2009. The metal on the Shanghai
Futures Exchange also slid to the lowest since 2009.Meanwhile, copper inventories monitored
by the London Metal Exchange have surged 92% in 2015.
Metal prices hit multi-year lows on Friday after weaker-than-expected data from China and the
euro zone raised concerns about global growth, but the US dollar rose as a Federal Reserve rate
hike was still on the table.
London copper fell to its lowest level since 2009 after a survey showed China's factory sector
contracted by the most in 15 months in July due to shrinking orders, fuel ling worries over
demand in the top metals consumer as stockpiles steadily mount. The flash Caixin/Markit
China Manufacturing Purchasing Managers' Index (PMI) dropped to 48.2, below economists'
estimate for a reading of 49.7. It was the fifth straight month below 50, the level which
separates contraction from expansion.
✍ Crude Oil
Oil prices rose in Asia on Friday following recent losses but the rebound is unlikely to be
sustained because of a global crude glut.US benchmark West Texas Intermediate for September
delivery edged up 32 cents to $48.77 a barrel in late-morning Asian trade. The contract finished
below $49 yesterday for the first time since March 31.Brent crude for September advanced 17
cents to $55.44.Over the week WTI is down more than 4.0% and Brent has lost nearly
3.0%.The prospects of Iranian oil returning to the oversupplied market after Tehran reached a
deal with major powers over its nuclear ambitions is dampening appetite.The deal provides will
see world powers lift crippling economic sanctions, which have restricted Iran's oil exports, in
return for toning down its atomic programmed.Once sanctions have been lifted, the Iranian
authorities assert that the country could double exports within two months. This would be an
increase of over one million barrels per day to an already oversupplied market.Iran does have
considerable quantities of crude oil in storage, both on land and at sea, which could be sold as
soon as sanctions are lifted.Iran has the fourth biggest proven oil reserves in the world.Oil
prices have plummeted from above $100 a barrel in June last year because of the supply glut
brought about by strong production from the United States and the Organization of the
Petroleum Exporting Countries led by Saudi Arabia.
✍ NCDEX - WEEKLY NEWS LETTERS
✍ According to IBIS import of pulses in the last week (29 June-05 July) was 90 Thousand
tonnes at major ports in India which is around 14% lower than last week (21-28 June), which
was 105 thousand tonnes. Moong, Urad and Yellow Pea were imported lower this week
whereas Masoor and Toor were imported higher as compare to last week.
In the US soybean crop progress report, as on 19 Jul, soybean has fully emerged by the period.
Further, about 56% is blooming which is in line with the 5 year average but slightly below the
57% compared to the last year. About 17% of the crop is reported
Standing Guar Seed Crop likely to benefit by recent showers in Haryana and North Rajasthan
(Hanumangarh and Ganganagar region). Farmers in Haryana and North Rajasthan sown guar
seed crop on time due to good preci
Cardamom prices were down by 0.80 per cent to Rs 797.50 per kg in futures trading today as
traders reduced holdings amid fall in demand in the spot market against ample stocks position.
At the Multi Commodity Exchange, cardamom for delivery in August month eased by Rs 6.40,
or 0.80 per cent to Rs 797.50 per kg in business turnover of 149 lots. Likewise, the spice for
delivery in September contracts shed Rs 2.50, or 0.32 per cent to Rs 790 per kg in 13 lots.
Market men said besides fall in demand in the spot market, adequate stocks position on higher
supplies from producing belts mainly kept pressure on cardamom prices at futures trade.
✍ NCDEX APP
National Commodity and Derivatives Exchange Ltd (NCDEX) launched a mobile app to give
anytime, anywhere access to prices and market information about commodities traded on it.
The online commodity exchange has partnered with Trakinvest, a Singapore based financial
technology firm, to develop this app. It will give users access to prices, news, updates, market
data and analysis for commodities.
The NCDEX App will help investors to stay in touch with the market. Our partner Trakinvest
has a deep understanding of technology and financial markets.
✍ Jeera
Jeera kept trading moderately weak even as high volatility persisted. Lack of strong demand in
mandis kept trend weak for Jeera as markets failed to recover. Even as lower production kept
supporting the prices, exporters are reportedly waiting for some more corrections before
initiating fresh demand in mandis.NCDEX Jeera August contract was trading down by -0.67%
to 15555 levels on Friday.Jeera August contract may trade sideways for short term and intra
day. Short term support for NCDEX Jeera August contract is seen at 14800 and resistance at
16100. For intra day, support is at 15550 and resistance at 15700.Low demand was noted as
traders waited for some more dips before initiating fresh demand in the man-dis. Short term
trend looks slight weak as Monsoon sets in over Gujarat and Rajasthan in coming weeks.
Overall trend looks firm in long term though, based on lower production reports.In near future
progress of the monsoon will be a key factor for price direction as it will have impact on
sowing and production of Jeera for next season. Jeera prices at NCDEX touched all time high
of 18700 last month on the back of concerns over lower acreage.
✍ Chana
Rains this week in Central and North-West India remain critical for the sowing of the kharif
Pulses and would determine the trend for Chana also. But an overall low production and lower
stocks could support the prices.Chana August contract is likely to trade bullish for both short
term and intra day. Short term support is seen at 4500 and resistance at 4720. Intra day support
is seen at 4600 and resistance at 4640. August contract was seen trading up 0.33% to 4630 level
on Tuesday.Govt initiatives to improve supply could limit the uptrend as it proposes to import
5000 tons Urad and has floated tender for import of 5000 tons. However with prices having
fallen a lot, some recovery in demand could support the prices. As per latest Govt reports, the
area under Kharif Pulses has risen to 55.99 lakh ha as on 17th July vs 23.92 lakh ha same
period last year. Above normal rains in Central and South India have improved sowing, keeping
prices down for Chana in June.Month of July however saw a bounce back as rainfall activities
slowed down. That is however again expected to pick up in coming days.India increased the
import of pulses to fulfill domestic consumption after a fall in pulses production.As per latest
estimate of Finance Ministry pulses import has risen more than 20% in May. India consumes
around 253-240 lakh ton pulses annually but in 2014-15 pulses production has fallen to 173
lakh ton from 193 lakh tons in 2013-14 due to unfavorable weather indicating more import in
coming months.
LEGAL DISCLAIMER
This Document has been prepared by Ways2Capital (A Division of High Brow Market
Research Investment Advisor Pvt Ltd). The information, analysis and estimates contained
herein are based on Ways2Capital Equity/Commodities Research assessment and have been
obtained from sources believed to be reliable. This document is meant for the use of the
intended recipient only. This document, at best, represents Ways2Capital Equity/Commodities
Research opinion and is meant for general information only. Ways2Capital
Equity/Commodities Research, its directors, officers or employees shall not in any way to be
responsible for the contents stated herein. Ways2Capital Equity/Commodities Research
expressly disclaims any and all liabilities that may arise from information, errors or omissions
in this connection. This document is not to be considered as an offer to sell or a solicitation to
buy any securities or commodities.
All information, levels & recommendations provided above are given on the basis of technical
& fundamental research done by the panel of expert of Ways2Capital but we do not accept any
liability for errors of opinion. People surfing through the website have right to opt the product
services of their own choices.
Any investment in commodity market bears risk, company will not be liable for any loss done
on these recommendations. These levels do not necessarily indicate future price moment.
Company holds the right to alter the information without any further notice. Any browsing
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Commodity Research Report Ways2Capital 27 july 2015

  • 1.
  • 2. ✍ MCX DAILY LEVELS DAILY EXPIRY DATE R4 R3 R2 R1 PP S1 S2 S3 S4 ALUMINIUM 31 JUL 2015 107 106 105 104 103 102 101 100 99 COPPER 31 AUG 2015 346 345 344 342 341 339 338 337 336 CRUDE OIL 20 JUL 2015 3170 3150 3130 3110 3080 3060 3040 3020 3000 GOLD 05 AUG 2015 2520 0 25100 2500 24900 24800 24700 24600 24500 24300 LEAD 31 JUL 2015 113 112 111 110 109 108 107 106 105 NATURAL GAS 28 JUL 2015 184 183 182 181 180 178 177 176 175 NICKEL 31 JUL 2015 745 740 735 735 730 725 720 715 710 SILVER 04 SEP 2015 3440 0 34300 34200 34100 34000 33900 33800 33700 33600 ZINC 31 JUL 2015 129 128 127 126 125 124 123 122 121 ✍ MCX WEEKLY LEVELS WEEKLY EXPIRY R4 R3 R2 R1 PP S1 S2 S3 S4 ALUMINIUM 31 JUL 2015 110 108 106 104 102 100 98 96 94 COPPER 31 AUG 2015 350 347 344 342 339 337 335 333 330 CRUDE OIL 20 JUL 2015 3230 3200 3170 3130 3100 3070 3040 3010 2980 GOLD 05 AUG 2015 25500 25300 25100 24900 24700 24500 24300 24100 23900 LEAD 31 JUL 2015 116 114 112 110 108 106 104 102 100 NATURAL GAS 28 JUL 2015 187 185 183 181 179 177 175 173 171 NICKEL 31 JUL 2015 760 750 740 730 720 710 700 690 680 SILVER 04 SEP 2015 34800 34600 34400 34200 34000 33800 33600 33400 33200 ZINC 31 JUL 2015 131 129 127 125 123 121 119 117 115
  • 3. ✍ NCDEX DAILY LEVELS DAILY EXPIRY DATE R4 R3 R2 R1 PP S1 S2 S3 S4 SYOREFIDR 20 AUG 2015 575 574 573 572 571 570 569 568 567 SYBEANIDR 20 AUG 2015 3540 3456 3372 3341 3288 3257 3204 3120 3036 RMSEED 20 AUG 2015 4384 4298 4212 4181 4126 4095 4040 3954 3868 JEERAUNJHA 20 AUG 2015 16251 16031 15811 15723 15591 15503 15371 15151 14931 CHANA 20 AUG 2015 4921 4818 4715 4680 4612 4577 4509 4406 4303 CASTORSEED 20 AUG 2015 4132 4063 3994 3964 3925 3895 3856 3787 3718 ✍ NCDEX WEEKLY LEVELS WEEKLY EXPIRY DATE R4 R3 R2 R1 PP S1 S2 S3 S4 SYOREFIDR 20 AUG 2015 581 579 577 575 573 570 568 566 564 SYBEANIDR 20 AUG 2015 4000 3778 3556 3433 3334 3211 3112 2890 2668 RMSEED 20 AUG 2015 4638 4476 4314 4232 4152 4070 3990 3828 3666 JEERAUNJHA 20 AUG 2015 17985 17245 16505 16070 15765 15330 15025 14285 13545 CHANA 20 AUG 2015 5021 4887 4753 4699 4619 4565 4485 4351 4217 CASTORSEED 20 AUG 2015 4409 4257 4105 4020 3953 3868 3801 3649 3497
  • 4. MCX - WEEKLY NEWS LETTERS INTERNATIONAL NEWS ✍ Gold Gold prices on Friday fell by Rs 320 to trade at Rs 25,050 per 10 gm and silver cracked the Rs 34,000-level to trade at about five-year low at the bullion market here due to a weak trend in global market and slackened demand from jewelers and retailers.Bullion merchants said a weak global trend where gold extended losses to five-year low as the US economy data that showed improvement backed the case for higher interest rates, has cut demand for the precious metals as a safe-haven, leading to fall in gold and silver prices. Lead down by 1% on weak global cues Lead prices declined by 1.02% to Rs 111.80 per kg in futures trade on Wednesday as participants reduced their positions amid a weak trend in base metals overseas.Further, subdued demand at domestic spot markets too weighed on prices.At the Multi Commodity Exchange, lead for delivery in July month contracts was down by Rs 1.15, or 1.02% to Rs 111.80 per kg in business turnover of 409 lots.On similar lines, the metal for delivery in August shed Rs 1.10, or 0.96% to trade at Rs 113.10 per kg in 20 lots.It is attributed that the fall in lead futures to trimming of positions by speculators taking weak cues from London Metal Exchange (LME) it fell to the lowest level in two weeks as industrial metals retreated amid concern about slowing demand in China, the world's biggest consumer, and prospects for higher US interest rates.Globally, at LME, lead fell by 1.3%. ✍ Copper Amid a weak trend in global market and easing spot demand,ccopper prices fell marginally 0.09% to Rs 345.10 per kg in futures trade on friday.At Multi Commodity Exchange, copper for delivery in far-month November shed 30 paise, or 0.09%, to Rs 345.10 per kg in a business turnover of 36 lots.The metal for delivery in August traded lower by 25 paise, or 0.07%, to Rs 338.35 per kg in 773 lots.It is attributed that the fall in copper futures to a weak trend in base metals at the London Metal Exchange (LME) on rising supply and slowing Chinese demand.Besides, a stronger dollar, which makes raw materials more expensive in other currencies, too weighed on the metal futures here.Globally, copper for delivery in three months fell 1.3% at to $5,202.50 at the LME, the lowest level since 2009. The metal on the Shanghai Futures Exchange also slid to the lowest since 2009.Meanwhile, copper inventories monitored by the London Metal Exchange have surged 92% in 2015. Metal prices hit multi-year lows on Friday after weaker-than-expected data from China and the euro zone raised concerns about global growth, but the US dollar rose as a Federal Reserve rate hike was still on the table. London copper fell to its lowest level since 2009 after a survey showed China's factory sector contracted by the most in 15 months in July due to shrinking orders, fuel ling worries over
  • 5. demand in the top metals consumer as stockpiles steadily mount. The flash Caixin/Markit China Manufacturing Purchasing Managers' Index (PMI) dropped to 48.2, below economists' estimate for a reading of 49.7. It was the fifth straight month below 50, the level which separates contraction from expansion. ✍ Crude Oil Oil prices rose in Asia on Friday following recent losses but the rebound is unlikely to be sustained because of a global crude glut.US benchmark West Texas Intermediate for September delivery edged up 32 cents to $48.77 a barrel in late-morning Asian trade. The contract finished below $49 yesterday for the first time since March 31.Brent crude for September advanced 17 cents to $55.44.Over the week WTI is down more than 4.0% and Brent has lost nearly 3.0%.The prospects of Iranian oil returning to the oversupplied market after Tehran reached a deal with major powers over its nuclear ambitions is dampening appetite.The deal provides will see world powers lift crippling economic sanctions, which have restricted Iran's oil exports, in return for toning down its atomic programmed.Once sanctions have been lifted, the Iranian authorities assert that the country could double exports within two months. This would be an increase of over one million barrels per day to an already oversupplied market.Iran does have considerable quantities of crude oil in storage, both on land and at sea, which could be sold as soon as sanctions are lifted.Iran has the fourth biggest proven oil reserves in the world.Oil prices have plummeted from above $100 a barrel in June last year because of the supply glut brought about by strong production from the United States and the Organization of the Petroleum Exporting Countries led by Saudi Arabia. ✍ NCDEX - WEEKLY NEWS LETTERS ✍ According to IBIS import of pulses in the last week (29 June-05 July) was 90 Thousand tonnes at major ports in India which is around 14% lower than last week (21-28 June), which was 105 thousand tonnes. Moong, Urad and Yellow Pea were imported lower this week whereas Masoor and Toor were imported higher as compare to last week. In the US soybean crop progress report, as on 19 Jul, soybean has fully emerged by the period. Further, about 56% is blooming which is in line with the 5 year average but slightly below the 57% compared to the last year. About 17% of the crop is reported Standing Guar Seed Crop likely to benefit by recent showers in Haryana and North Rajasthan (Hanumangarh and Ganganagar region). Farmers in Haryana and North Rajasthan sown guar seed crop on time due to good preci Cardamom prices were down by 0.80 per cent to Rs 797.50 per kg in futures trading today as
  • 6. traders reduced holdings amid fall in demand in the spot market against ample stocks position. At the Multi Commodity Exchange, cardamom for delivery in August month eased by Rs 6.40, or 0.80 per cent to Rs 797.50 per kg in business turnover of 149 lots. Likewise, the spice for delivery in September contracts shed Rs 2.50, or 0.32 per cent to Rs 790 per kg in 13 lots. Market men said besides fall in demand in the spot market, adequate stocks position on higher supplies from producing belts mainly kept pressure on cardamom prices at futures trade. ✍ NCDEX APP National Commodity and Derivatives Exchange Ltd (NCDEX) launched a mobile app to give anytime, anywhere access to prices and market information about commodities traded on it. The online commodity exchange has partnered with Trakinvest, a Singapore based financial technology firm, to develop this app. It will give users access to prices, news, updates, market data and analysis for commodities. The NCDEX App will help investors to stay in touch with the market. Our partner Trakinvest has a deep understanding of technology and financial markets. ✍ Jeera Jeera kept trading moderately weak even as high volatility persisted. Lack of strong demand in mandis kept trend weak for Jeera as markets failed to recover. Even as lower production kept supporting the prices, exporters are reportedly waiting for some more corrections before initiating fresh demand in mandis.NCDEX Jeera August contract was trading down by -0.67% to 15555 levels on Friday.Jeera August contract may trade sideways for short term and intra day. Short term support for NCDEX Jeera August contract is seen at 14800 and resistance at 16100. For intra day, support is at 15550 and resistance at 15700.Low demand was noted as traders waited for some more dips before initiating fresh demand in the man-dis. Short term trend looks slight weak as Monsoon sets in over Gujarat and Rajasthan in coming weeks. Overall trend looks firm in long term though, based on lower production reports.In near future progress of the monsoon will be a key factor for price direction as it will have impact on sowing and production of Jeera for next season. Jeera prices at NCDEX touched all time high of 18700 last month on the back of concerns over lower acreage. ✍ Chana Rains this week in Central and North-West India remain critical for the sowing of the kharif Pulses and would determine the trend for Chana also. But an overall low production and lower stocks could support the prices.Chana August contract is likely to trade bullish for both short
  • 7. term and intra day. Short term support is seen at 4500 and resistance at 4720. Intra day support is seen at 4600 and resistance at 4640. August contract was seen trading up 0.33% to 4630 level on Tuesday.Govt initiatives to improve supply could limit the uptrend as it proposes to import 5000 tons Urad and has floated tender for import of 5000 tons. However with prices having fallen a lot, some recovery in demand could support the prices. As per latest Govt reports, the area under Kharif Pulses has risen to 55.99 lakh ha as on 17th July vs 23.92 lakh ha same period last year. Above normal rains in Central and South India have improved sowing, keeping prices down for Chana in June.Month of July however saw a bounce back as rainfall activities slowed down. That is however again expected to pick up in coming days.India increased the import of pulses to fulfill domestic consumption after a fall in pulses production.As per latest estimate of Finance Ministry pulses import has risen more than 20% in May. India consumes around 253-240 lakh ton pulses annually but in 2014-15 pulses production has fallen to 173 lakh ton from 193 lakh tons in 2013-14 due to unfavorable weather indicating more import in coming months.
  • 8. LEGAL DISCLAIMER This Document has been prepared by Ways2Capital (A Division of High Brow Market Research Investment Advisor Pvt Ltd). The information, analysis and estimates contained herein are based on Ways2Capital Equity/Commodities Research assessment and have been obtained from sources believed to be reliable. This document is meant for the use of the intended recipient only. This document, at best, represents Ways2Capital Equity/Commodities Research opinion and is meant for general information only. Ways2Capital Equity/Commodities Research, its directors, officers or employees shall not in any way to be responsible for the contents stated herein. Ways2Capital Equity/Commodities Research expressly disclaims any and all liabilities that may arise from information, errors or omissions in this connection. This document is not to be considered as an offer to sell or a solicitation to buy any securities or commodities. All information, levels & recommendations provided above are given on the basis of technical & fundamental research done by the panel of expert of Ways2Capital but we do not accept any liability for errors of opinion. People surfing through the website have right to opt the product services of their own choices. Any investment in commodity market bears risk, company will not be liable for any loss done on these recommendations. These levels do not necessarily indicate future price moment. Company holds the right to alter the information without any further notice. Any browsing through website means acceptance of disclaimer.