Capitalstars, financial research private limited is a SEBI Registered, provide Stock Tips,Share Market Tips , commodity & currency tips.
http://www.capitalstars.com/tracksheet-stock-tips/
1. CapitalStars Financial Research Pvt., Ltd., 1
SEBI Registration Number: INA000001647
MCX Daily Report 15TH
MAR 2019
News Highlights
BULLION - Bullion counter may trade with weak bias but short covering at lower levels can be seen. Gold
can slip lower towards 31700. Silver can take support near 37800 and resistance near 38300. Gold prices
edged down on Friday after slipping below the key $1,300 level in the previous session, pressured by
improving appetite for risk as British lawmakers voted to seek a delay to the country's exit from the
European Union. British lawmakers voted overwhelmingly on Thursday to seek a delay in Britain's exit
from the European Union, setting the stage for Prime Minister Theresa May to renew efforts to get her
divorce deal approved by parliament next week. A summit to seal a trade deal between U.S. President
Donald Trump and Chinese President Xi Jinping will not happen at the end of March as previously
discussed because more work is needed in U.S.-China negotiations, Treasury Secretary Steven Mnuchin
said on Thursday. The number of Americans filing applications for unemployment benefits increased more
than expected last week, suggesting the labor market was slowing, while new home sales fell more than
expected in January.
ENERGY- Crude oil may open on sideways path as it may trade in range of 4010-4100 in MCX. Oil prices
were steady on Friday, supported as production cuts led by OPEC and U.S. sanctions against Venezuela
and Iran likely created a slight deficit in global supply in the first quarter of 2019. But oil prices have been
capped by concerns that an economic slowdown will soon start denting growth in fuel demand. The
Organization of the Petroleum Exporting Countries (OPEC) and non-affiliated allies such as Russia - known
as the OPEC+ alliance - pledged to withhold 1.2 million barrels per day (bpd) in crude supply from the start
of the year to tighten markets and prop up prices. Meanwhile, U.S. sanctions against Venezuela as well as
Iran have further tightened oil markets. With OPEC voluntarily withholding supply and U.S. sanctions
preventing Iranian and Venezuelan oil from entering markets, global crude flow data in Refinitiv showed a
slight supply deficit likely appeared in the first quarter. Natural gas may remain sideways as it can take
support near 195 while taking resistance near 201 in MCX. U.S. natural gas futures edged up on Thursday
after the release of a federal report showing the biggest weekly storage draw ever during the month of
March.
BASE METAL - Base metals prices may trade with sideways to weak bias. Base metals fell in early trade
on Friday, with Shanghai nickel down nearly 2 percent and copper extending losses, as hopes dimmed that
the United States and China could reach a deal soon to resolve their long-standing trade dispute. A
summit to seal a trade deal between U.S. President Donald Trump and Chinese President Xi Jinping will
not happen at the end of March as previously discussed because more work is needed in U.S.-China
negotiations, Treasury Secretary Steven Mnuchin said on Thursday Copper may slip lower towards 440
while facing resistance near 453 in MCX. Zinc can take support near 196 while facing resistance near 201.
On-warrant stocks of copper, those not earmarked for delivery, in LME-approved warehouses jumped
34,900 tonnes to 66,325 tonnes as of Thursday. The premium of cash copper over the three-month LME
contract eased to $20 a tonne from a discount of $70 last week, indicating worries over tight supply were
easing.
3. CapitalStars Financial Research Pvt., Ltd., 3
SEBI Registration Number: INA000001647
MCX Daily Report 15TH
MAR 2019
Pick for the DAY
MCX LEAD MAR on THRUSDAY as seen in the Daily chart opened at 147.05 levels and made
day low of 145.50 Levels. During this period LEAD MAR High is 147.55 levels and finally
closed at 145.60 levels. Now, there are chances of down movement technically &
fundamentally.
DAILY RECOMMENDATION: SELL MCX LEAD MAR BELOW 145.50 LEVELS FOR TARGET
OF 144.50/143 WITH SL 147 OF LEVELS.
4. CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
CapitalStars Financial Research Private Limited is an advisory company incepted with a vision of
providing fair and accurate trading and investment calls in share and commodity market. we
specialize in thorough fundamental and technical research analysis in equity and commodity
market to provide best equity and commodity tips to traders and investors. we provide intraday as
well as delivery stock tips in NSE and BSE and commodity tips in MCX and NCDEX.
Get our more services:-
Intraday stock tips
Financial advisory company
Share market company
Stock Tips
* Investment & Trading in securities market is always subjected to market risks, past performance is not a guarantee
of future performance.
* CapitalStars Investment Adviser: SEBI Registration Number: INA000001647
4
5. CapitalStars Financial Research Pvt., Ltd.,
SEBI Registration Number: INA000001647
MCX Daily Report 15TH
MAR 2019
Disclaimer
The information and views in this report & all the service we provide are believed to be reliable, but we do not
accept any responsibility for errors of fact or opinion. Investors 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.
My research recommends that investors independently evaluate particular investments and strategies, and
encourages investors to seek the advice of a financial adviser.
Capital Stars 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 regulators. The price projections shown are not necessarily
indicative of future price performance. The information herein, together with all estimates and forecasts, can
change without notice. 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. Investment & Trading in Securities Markets are always subjected to market risk.
Capitalstars Financial Research Private Ltd., Reserves all Rights.
CONTACT US
BRANCH OFFICE
Capitalstars Financial Research Private Limited
PLOT NO.32, MECHANIC NAGAR EXTENSION, IDA SCHEME NO.54, VIJAYNAGAR INDORE
REGISTERED OFFICE
PLOT NO.12, SCHEME NO.78 PART-II, VIJAY NAGAR, INDORE
Email :- backoffice@capitalstars.com
CONTACT US:- 9039012727/9977499927
Report Is Checked By Investment Advisor: