CapitalStars Award Winning, SEBI registered, ISO certified investment advisory company. We provide intraday & positional services in equity derivative ,commodity & currency. Our research is highly skilled & experienced
For More Information Call On 9977499927.
Or 0731-6690000
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
Mcx daily report 23 jan 2018
1. CapitalStars Financial Research Pvt., Ltd., 1
SEBI Registration Number: INA000001647
MCX Daily Report -23 JAN 2018
News High lights
Gold Futures Gain in Asia As Trump Signs Bill To Fund Government For 3 Weeks.
Gold futures gained in Asia on Tuesday with a government shutdown in the US ended
for at least three weeks after President Donald Trump signed a continuing funding
resolution passed by Congress on Monday. Overnight, gold prices eased from highs as
safe-haven demand fell following news that Senators may be near an agreement to end
the government shutdown. Also weighing on gold prices was a continued rise in
Treasury yields as the United States 10-Year rose to a nearly three-and-half-year high amid growing investor
optimism on the outlook of inflation and economic growth. Gold is sensitive to moves in U.S. rates, which lift the
opportunity cost of holding non-yielding assets such as bullion. Sentiment for gold remains bullish, however, as
data showed traders continued to increase their bullish bets on gold for the fifth week in a row.
SHFE nickel outperforms on lower inventory.
The SHFE 1805 nickel contract led the performance of nonferrous metals as of Monday
January 22 with a 1.8% gain as inventories fell for the first time in three weeks. Higher
nickel prices were driven by tight supply in the short term including the maintenance
work at Jiangsu Delong and the fire accident at Jinchuan Group, according to Jinrui
Futures analyst Hu Xiaoyu. Demand, on the other hand, has improved from the battery
sector.
Zinc prices gained as optimism over the outlook for global growth and supply concerns supported prices.
Zinc on MCX settled up 0.41% at 219.90 on fresh buying as support seen from LME zinc which is holding well above
$3400 mark a tonne after prices peaked to the 10-year high of $3444 seen on Friday as optimism over the outlook
for global growth and supply concerns. On-warrant stocks available to the market slipped to their lowest in six
months. Falling stockpiles and pollution alerts in top metals producer China fuelled supply concerns and helped to
drive zinc and lead prices to multi-year highs. Demand for metals looked strong after data showed economic growth
in China, the world's biggest consumer, accelerated for the first time in seven years. A weak dollar makes metals
cheaper for holders of other currencies and supports prices.
Oil rises on IMF economic growth outlook, OPEC-Russian supply curbs.
Oil prices rose on Tuesday, lifted by healthy economic growth as well as the ongoing
supply restraint by a group of exporters around OPEC and Russia.Traders said oil
markets were generally well supported by healthy economic growth.The "economic
outlook and seasonally colder weather has led to firmer oil demand growth, facilitating
the continuation of a fall in oil inventories toward OPEC's recent five-year average target," BNP Paribas (PA:BNPP)
said in a note. This growth, which is also translating into more oil consumption, comes at a time of supply curbs by
the Organization of the Petroleum Exporting Countries (OPEC) and Russia, which began in January last year and are
set to hold throughout 2018.
3. CapitalStars Financial Research Pvt., Ltd., 3
SEBI Registration Number: INA000001647
MCX Daily Report - 23 JAN 2018
Capitalstars is a Sebi Registered &ISO Certified Company in Indore,
they provide Equity, Commodity, Nifty & Forex trading calls with profit in your
trading.
GET MORE DETAILS HERE:-
∑ Stock Advisory Company
∑ Trading Tips
∑ Financial Advisory company
∑ Stock Tips
∑ Share Market Company
∑ Forex trading tips
∑ Currency Tips
Also, you can visit:-
capitalstars quick payment
capitalstars career
4. CapitalStars Financial Research Pvt., Ltd., 4
SEBI Registration Number: INA000001647
MCX Daily Report -23 JAN 2018
Pick for the Day
MCX Crude Oil Jan on Monday as seen in the daily chart opened at 4063 levels and
day high of 4098 levels. During this period price corrected & made day low of 4033
levels finally closed at 4045 levels. Now, there are chances of further downside
movement technically & fundamentally.
∑ "The outlook for 2018 is roughly balanced for most of the year, but inventories are
set to rise in Q4'18," the French bank said, adding that it has hiked its 2018 oil price
forecasts by $10 a barrel and expects WTI to average $60 a barrel and Brent $65.
But there have also been signs of a possible crude oil downward price correction.
∑ Crumbling refinery profits, first in Asia and now also in Europe and the United
States, as a result of rising feedstock prices and plentifully available fuel products,
point to lower crude orders going forward. In the longer term, investors are
preparing for large-scale changes in oil demand coming from the rise of electric
vehicles.
DAILY RECOMMENDATION: SELL MCX CRUDE OIL FEB AROUND 4090 LEVELS
FOR TARGET OF T1 4040/ T2 4020 WITH SL 4170 OF LEVELS.
5. CapitalStars Financial Research Pvt., Ltd., 5
SEBI Registration Number: INA000001647
MCX Daily Report -23 JAN 2018
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
REGISTERED OFFICE
Capitalstars Financial Research Private Limited
PLOT NO.12, SCHEME NO.78 PART-II, VIJAY NAGAR, INDORE
Email :- backoffice@capiltalstars.in
Report Is Checked By Investment Advisor :