SlideShare a Scribd company logo
1 of 5
Download to read offline
CapitalStars Financial Research Pvt., Ltd., 1
SEBI Registration Number: INA000001647
MCX Daily Report - 18 JULY 2017
News High lights
Gold continues to gain ground on strong data, weak dollar.
Gold continue to gain ground on Tuesday in Asia a day after China reported
strong second quarter GDP, industrial output and retail sales figures for June
with industrial metal demand for housing and property development also in
focus. A weaker dollar has helped shore up sentiment and gold prices. The
market will now look towards Thursday and a meeting of the European Central
Bank for fresh clues on when the central bank will shift away from its ultra-
easy policy. Markets in Japan are shut on Monday for a holiday. Last week, gold prices rose to two-week highs on
Friday as weak U.S. inflation data added to doubts over whether the Federal Reserve would raise interest rates
for a third time this year.
SMM: China Aluminum Stocks Hit Over 4-Year High.
Aluminium ingot stocks in China’s five major markets have reached the highest level in
nearly five years, SMM statistics showed. Potential Surplus from Aluminium Capacity
Cuts to Weigh on Alumina Prices, SMM Warns. Downstream producers showed low
buying interest due to falling orders, and impact from production cuts has not been
felt, leading to the growth, SMM explained. Profit Expands Sharply at Chinese
Aluminum Smelters, SMM Says.
Norilsk Nickel Mine Explosion Kills Four and Eyes on Impact on Relocation Plan.
Four miners were killed in an explosion at the Zapolyarny Mine, part of the Polar Division of Norilsk Nickel,
foreign media reported. China Nickel Ore Inventories Fall, SMM Reports. The company said the accident is not
expected to influence ore shipments due to its low percentage of company’s total output. In 2016, nickel
production at the Zapolyarny Mine accounted for 0.7 per cent of its total, and 2 per cent of its copper output, so
no a major impact is expected on Norilsk's output and profit, even if the mine closes.
Oil prices stable as strong demand meets ongoing supply glut.
Oil prices were stable on Tuesday, supported by strong consumption but weighed by
ongoing high supplies from producer club OPEC and also the United States.In a sign
of strong demand, data on Monday showed refineries in China increased crude
throughput in June to the second highest on record. Despite this, oil markets have
struggled with oversupply since 2014, resulting in a more than 50 percent fall in
prices since then. A deal by the Organization of the Petroleum Exporting Countries
with Russia and other non-OPEC producers to cut supplies by around 1.8 million
barrels per day (bpd) between January this year and March 2018 has so far not led to
the tighter market and higher prices that producers have hoped for.
CapitalStars Financial Research Pvt., Ltd., 2
SEBI Registration Number: INA000001647
MCX Daily Report -18 JULY 2017
CS GOLD (AUG) OVERVIEW: CS SILVER (SEP) OVERVIEW:
TREND : BULLISH TREND : BULLISH
RESIST 2: 28450 RESIST 2: 38200
RESIST 1: 28350 RESIST 1: 38000
SUP 1: 28000 SUP1: 37000
SUP 2: 27900 SUP2: 36800
WWW.CAPITALSTARS.COM +917316790000 WWW.CAPITALSTARS.COM +917316790000
Base Metals
CS COPPER (AUG) OVERVIEW: CS NICKEL (JULY) OVERVIEW:
TREND : SIDEWAYS TREND : BULLISH
RESIST 2: 396.00 RESIST 2: 632.00
RESIST 1: 392.00 RESIST 1: 628.00
SUP1: 385.00 SUP1: 614.00
SUP2: 381.00 SUP2: 610.00
WWW.CAPITALSTARS.COM +917316790000 WWW.CAPITALSTARS.COM +917316790000
CS ZINC (JULY) OVERVIEW: CS LEAD (JULY) OVERVIEW:
TREND : SIDEWAYS TREND : SIDEWAYS
RESIST 2: 186.00 RESIST 2: 152.00
RESIST 1: 184.00 RESIST 1: 150.00
SUP1: 178.00 SUP1: 145.00
SUP2: 176.00 SUP2: 143.00
WWW.CAPITALSTARS.COM +917316790000 WWW.CAPITALSTARS.COM +917316790000
CS ALUMINIUM (JULY) OVERVIEW:
TREND : SIDEWAYS
RESIST 2: 125.00
RESIST 1: 124.00
SUP1: 121.00
SUP2: 120.00
WWW.CAPITALSTARS.COM +917316790000
Energies
CS CRUDE OIL (JULY) OVERVIEW: CS NATURAL GAS (JULY) OVERVIEW:
TREND : SIDEWAYS TREND : SIDEWAYS
RESIST 2: 3060 RESIST 2: 201.00
RESIST 1: 3020 RESIST 1: 198.00
SUP1: 2900 SUP1: 192.00
SUP2: 2860 SUP2: 189.00
WWW.CAPITALSTARS.COM +917316790000 WWW.CAPITALSTARS.COM +917316790000
CapitalStars Financial Research Pvt., Ltd., 2
SEBI Registration Number: INA000001647
MCX Daily Report -18 JULY 2017
GET MORE DETAILS HERE:-
 Commodity Market tips
 Mcx live tips
 Precious Metal
 Base Metal
 Energy Pack
 Crude Intraday Tips
 Turmeric Tips
 Agri Commodity Price
CapitalStars Financial Research Pvt., Ltd., 3
SEBI Registration Number: INA000001647
MCX Daily Report - 18 JULY 2017
Pick for the Day
MCX Crude Oil July Monday as seen in the daily chart opened at 3005 levels and day
high of 3020 levels. During this period price corrected & made day low of 2964 levels
finally closed at 2972 levels. Now, there are chances of further downside movement
technically & fundamentally.
 In Asia, China's refinery activity continued to indicate strong fuel demand, as data showed
oil refineries increased throughput in June to the second highest on record.

 The bullish data from China, coincided with a report from the International Energy Agency
released last week, suggesting that stronger consumption in the second half of the year
could offset the glut in supply.
DAILY RECOMMENDATION: Sell MCX CRUDE OIl July AROUND 3000 LEVELS FOR TARGET
OF T1 2900/T2 2850 WITH SL OF 3150 LEVELS.
CapitalStars Financial Research Pvt., Ltd., 4
SEBI Registration Number: INA000001647
MCX Daily Report - 18 JULY 2017
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.
Capital stars Financial Research Private Ltd., Reserves all Rights.
Registered Office
Capital Stars Financial Research Private Limited
Plot No.12, Scheme No. 78, Part-II, Vijay Nagar,
INDORE – 452010 M. P. Branch - 1 +91 731
6790000 Branch - 2 +91 731 6669900 Email: -
backoffice@capitalstars.in

More Related Content

What's hot

Mcx daily report 21 nov 2017
Mcx daily report   21 nov 2017Mcx daily report   21 nov 2017
Mcx daily report 21 nov 2017Myra Cheng
 
Mcx daily report 10 April 2019
 Mcx daily report 10 April 2019 Mcx daily report 10 April 2019
Mcx daily report 10 April 2019Anju Shukla
 
14 feb 2019 mcx daily report
14 feb 2019 mcx daily report14 feb 2019 mcx daily report
14 feb 2019 mcx daily reportNeha Sharma
 
Daily Mcx Reports 14 March 2019
Daily Mcx Reports 14 March 2019Daily Mcx Reports 14 March 2019
Daily Mcx Reports 14 March 2019Myra Cheng
 
Mcx daily report 31 aug
Mcx daily report 31 augMcx daily report 31 aug
Mcx daily report 31 augNeha Sharma
 
Mcx daily report 27 feb 2018
Mcx daily report   27 feb 2018Mcx daily report   27 feb 2018
Mcx daily report 27 feb 2018Myra Cheng
 
Daily Mcx Reports 16 April 2019
Daily Mcx Reports 16 April 2019Daily Mcx Reports 16 April 2019
Daily Mcx Reports 16 April 2019Myra Cheng
 
Mcx daily report 30 oct
Mcx daily report 30 octMcx daily report 30 oct
Mcx daily report 30 octNeha Sharma
 
Capitalstars MCX Daily Report 29 may 2019
Capitalstars MCX Daily Report 29 may 2019Capitalstars MCX Daily Report 29 may 2019
Capitalstars MCX Daily Report 29 may 2019ShayamSingh
 
Mcx daily report 6 feb 2018
Mcx daily report   6 feb 2018Mcx daily report   6 feb 2018
Mcx daily report 6 feb 2018Myra Cheng
 
Mcx daily report 23 jan 2018
Mcx daily report   23 jan 2018Mcx daily report   23 jan 2018
Mcx daily report 23 jan 2018Myra Cheng
 
CapitalStars MCX Daily Report 11 july 2019
CapitalStars MCX Daily Report 11 july 2019CapitalStars MCX Daily Report 11 july 2019
CapitalStars MCX Daily Report 11 july 2019ShayamSingh
 
CapitalStars MCX Report 05 august 2019
CapitalStars MCX Report 05 august 2019CapitalStars MCX Report 05 august 2019
CapitalStars MCX Report 05 august 2019ShayamSingh
 
Mcx daily report 14 feb 2018
Mcx daily report   14 feb 2018Mcx daily report   14 feb 2018
Mcx daily report 14 feb 2018Myra Cheng
 
Mcx daily report - 24 july 2017
Mcx daily report  -  24 july 2017Mcx daily report  -  24 july 2017
Mcx daily report - 24 july 2017Sana Hussain
 
Daily Mcx Reports 15 March 2019
Daily Mcx Reports 15 March 2019Daily Mcx Reports 15 March 2019
Daily Mcx Reports 15 March 2019Myra Cheng
 
Daily mcx reports 25 march 2019
Daily mcx reports 25 march 2019Daily mcx reports 25 march 2019
Daily mcx reports 25 march 2019Myra Cheng
 
Mcx daily report 19 jan 2018
Mcx daily report   19 jan 2018Mcx daily report   19 jan 2018
Mcx daily report 19 jan 2018Myra Cheng
 

What's hot (20)

MCX DAILY REPORT 1 APRIL 2019
 MCX DAILY REPORT 1 APRIL 2019 MCX DAILY REPORT 1 APRIL 2019
MCX DAILY REPORT 1 APRIL 2019
 
Mcx daily report 21 nov 2017
Mcx daily report   21 nov 2017Mcx daily report   21 nov 2017
Mcx daily report 21 nov 2017
 
Mcx daily report 10 April 2019
 Mcx daily report 10 April 2019 Mcx daily report 10 April 2019
Mcx daily report 10 April 2019
 
14 feb 2019 mcx daily report
14 feb 2019 mcx daily report14 feb 2019 mcx daily report
14 feb 2019 mcx daily report
 
Daily Mcx Reports 14 March 2019
Daily Mcx Reports 14 March 2019Daily Mcx Reports 14 March 2019
Daily Mcx Reports 14 March 2019
 
Mcx daily report 31 aug
Mcx daily report 31 augMcx daily report 31 aug
Mcx daily report 31 aug
 
Mcx daily report 27 feb 2018
Mcx daily report   27 feb 2018Mcx daily report   27 feb 2018
Mcx daily report 27 feb 2018
 
Daily Mcx Reports 16 April 2019
Daily Mcx Reports 16 April 2019Daily Mcx Reports 16 April 2019
Daily Mcx Reports 16 April 2019
 
Mcx daily report 30 oct
Mcx daily report 30 octMcx daily report 30 oct
Mcx daily report 30 oct
 
Capitalstars MCX Daily Report 29 may 2019
Capitalstars MCX Daily Report 29 may 2019Capitalstars MCX Daily Report 29 may 2019
Capitalstars MCX Daily Report 29 may 2019
 
Mcx daily report 6 feb 2018
Mcx daily report   6 feb 2018Mcx daily report   6 feb 2018
Mcx daily report 6 feb 2018
 
Mcx daily report 23 jan 2018
Mcx daily report   23 jan 2018Mcx daily report   23 jan 2018
Mcx daily report 23 jan 2018
 
CapitalStars MCX Daily Report 11 july 2019
CapitalStars MCX Daily Report 11 july 2019CapitalStars MCX Daily Report 11 july 2019
CapitalStars MCX Daily Report 11 july 2019
 
CapitalStars MCX Report 05 august 2019
CapitalStars MCX Report 05 august 2019CapitalStars MCX Report 05 august 2019
CapitalStars MCX Report 05 august 2019
 
Mcx daily report 14 feb 2018
Mcx daily report   14 feb 2018Mcx daily report   14 feb 2018
Mcx daily report 14 feb 2018
 
Mcx daily report - 24 july 2017
Mcx daily report  -  24 july 2017Mcx daily report  -  24 july 2017
Mcx daily report - 24 july 2017
 
Daily Mcx Reports 15 March 2019
Daily Mcx Reports 15 March 2019Daily Mcx Reports 15 March 2019
Daily Mcx Reports 15 March 2019
 
Commodity Research Report 19 September 2016 Ways2Capital
Commodity Research Report 19 September 2016 Ways2CapitalCommodity Research Report 19 September 2016 Ways2Capital
Commodity Research Report 19 September 2016 Ways2Capital
 
Daily mcx reports 25 march 2019
Daily mcx reports 25 march 2019Daily mcx reports 25 march 2019
Daily mcx reports 25 march 2019
 
Mcx daily report 19 jan 2018
Mcx daily report   19 jan 2018Mcx daily report   19 jan 2018
Mcx daily report 19 jan 2018
 

Similar to Mcx daily report -_18_july_2017

Mcx daily report 12 sep 2017
Mcx daily report   12 sep 2017Mcx daily report   12 sep 2017
Mcx daily report 12 sep 2017Sana Hussain
 
Mcx daily report 14 aug 2017
Mcx daily report   14 aug 2017Mcx daily report   14 aug 2017
Mcx daily report 14 aug 2017Sana Hussain
 
Mcx daily news_letter - 22 Feb
Mcx daily news_letter - 22 FebMcx daily news_letter - 22 Feb
Mcx daily news_letter - 22 FebSana Hussain
 
Mcx daily report 7 nov 2017
Mcx daily report   7 nov 2017Mcx daily report   7 nov 2017
Mcx daily report 7 nov 2017Myra Cheng
 
Daily Mcx Reports 08 April 2019
Daily Mcx Reports 08 April 2019Daily Mcx Reports 08 April 2019
Daily Mcx Reports 08 April 2019Myra Cheng
 
Mcx daily report 22 jan 2018
Mcx daily report   22 jan 2018Mcx daily report   22 jan 2018
Mcx daily report 22 jan 2018Myra Cheng
 
Daily Bullion Reports 08 March 2019
Daily Bullion Reports 08 March 2019Daily Bullion Reports 08 March 2019
Daily Bullion Reports 08 March 2019Myra Cheng
 
Daily mcx reports 01 april 2019
Daily mcx reports 01 april 2019Daily mcx reports 01 april 2019
Daily mcx reports 01 april 2019Myra Cheng
 
Mcx daily report 24 nov 2017
Mcx daily report   24 nov 2017Mcx daily report   24 nov 2017
Mcx daily report 24 nov 2017Myra Cheng
 
Mcx daily report 12 oct
Mcx daily report 12 octMcx daily report 12 oct
Mcx daily report 12 octNeha Sharma
 
Mcx daily report 1 feb 2018
Mcx daily report   1 feb 2018Mcx daily report   1 feb 2018
Mcx daily report 1 feb 2018Myra Cheng
 
Mcx daily report 11 oct 2017
Mcx daily report   11 oct 2017Mcx daily report   11 oct 2017
Mcx daily report 11 oct 2017Myra Cheng
 
Mcx daily report
Mcx daily reportMcx daily report
Mcx daily reportNeha Sharma
 
Mcx daily report 24 aug 2017
Mcx daily report   24 aug 2017Mcx daily report   24 aug 2017
Mcx daily report 24 aug 2017Sana Hussain
 
Mcx daily report 30 jan 2018
Mcx daily report   30 jan 2018Mcx daily report   30 jan 2018
Mcx daily report 30 jan 2018Myra Cheng
 
Mcx daily report 6 dec 2018
Mcx daily report 6 dec 2018Mcx daily report 6 dec 2018
Mcx daily report 6 dec 2018Neha Sharma
 
Daily Mcx Reports 12 March 2019
Daily Mcx Reports 12 March 2019Daily Mcx Reports 12 March 2019
Daily Mcx Reports 12 March 2019Myra Cheng
 
01 October 2019 Mcx Daily Report
01 October 2019 Mcx Daily Report01 October 2019 Mcx Daily Report
01 October 2019 Mcx Daily ReportMyra Cheng
 

Similar to Mcx daily report -_18_july_2017 (20)

Mcx daily report 12 sep 2017
Mcx daily report   12 sep 2017Mcx daily report   12 sep 2017
Mcx daily report 12 sep 2017
 
Mcx daily report 14 aug 2017
Mcx daily report   14 aug 2017Mcx daily report   14 aug 2017
Mcx daily report 14 aug 2017
 
Mcx daily news_letter - 22 Feb
Mcx daily news_letter - 22 FebMcx daily news_letter - 22 Feb
Mcx daily news_letter - 22 Feb
 
Mcx daily report 7 nov 2017
Mcx daily report   7 nov 2017Mcx daily report   7 nov 2017
Mcx daily report 7 nov 2017
 
Daily Mcx Reports 08 April 2019
Daily Mcx Reports 08 April 2019Daily Mcx Reports 08 April 2019
Daily Mcx Reports 08 April 2019
 
Mcx daily report 22 jan 2018
Mcx daily report   22 jan 2018Mcx daily report   22 jan 2018
Mcx daily report 22 jan 2018
 
Daily Bullion Reports 08 March 2019
Daily Bullion Reports 08 March 2019Daily Bullion Reports 08 March 2019
Daily Bullion Reports 08 March 2019
 
Daily mcx reports 01 april 2019
Daily mcx reports 01 april 2019Daily mcx reports 01 april 2019
Daily mcx reports 01 april 2019
 
Mcx daily report 24 nov 2017
Mcx daily report   24 nov 2017Mcx daily report   24 nov 2017
Mcx daily report 24 nov 2017
 
Mcx daily report 12 oct
Mcx daily report 12 octMcx daily report 12 oct
Mcx daily report 12 oct
 
Mcx daily report 1 feb 2018
Mcx daily report   1 feb 2018Mcx daily report   1 feb 2018
Mcx daily report 1 feb 2018
 
Mcx daily report 11 oct 2017
Mcx daily report   11 oct 2017Mcx daily report   11 oct 2017
Mcx daily report 11 oct 2017
 
MCX DAILY REPORT 18 APRIL 2019
 MCX DAILY REPORT 18 APRIL 2019 MCX DAILY REPORT 18 APRIL 2019
MCX DAILY REPORT 18 APRIL 2019
 
MCX DAILY REPORT 18 APRIL 2019
 MCX DAILY REPORT 18 APRIL 2019 MCX DAILY REPORT 18 APRIL 2019
MCX DAILY REPORT 18 APRIL 2019
 
Mcx daily report
Mcx daily reportMcx daily report
Mcx daily report
 
Mcx daily report 24 aug 2017
Mcx daily report   24 aug 2017Mcx daily report   24 aug 2017
Mcx daily report 24 aug 2017
 
Mcx daily report 30 jan 2018
Mcx daily report   30 jan 2018Mcx daily report   30 jan 2018
Mcx daily report 30 jan 2018
 
Mcx daily report 6 dec 2018
Mcx daily report 6 dec 2018Mcx daily report 6 dec 2018
Mcx daily report 6 dec 2018
 
Daily Mcx Reports 12 March 2019
Daily Mcx Reports 12 March 2019Daily Mcx Reports 12 March 2019
Daily Mcx Reports 12 March 2019
 
01 October 2019 Mcx Daily Report
01 October 2019 Mcx Daily Report01 October 2019 Mcx Daily Report
01 October 2019 Mcx Daily Report
 

Recently uploaded

7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...Paul Menig
 
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...lizamodels9
 
Pharma Works Profile of Karan Communications
Pharma Works Profile of Karan CommunicationsPharma Works Profile of Karan Communications
Pharma Works Profile of Karan Communicationskarancommunications
 
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999Tina Ji
 
M.C Lodges -- Guest House in Jhang.
M.C Lodges --  Guest House in Jhang.M.C Lodges --  Guest House in Jhang.
M.C Lodges -- Guest House in Jhang.Aaiza Hassan
 
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Dave Litwiller
 
Insurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageInsurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageMatteo Carbone
 
A DAY IN THE LIFE OF A SALESMAN / WOMAN
A DAY IN THE LIFE OF A  SALESMAN / WOMANA DAY IN THE LIFE OF A  SALESMAN / WOMAN
A DAY IN THE LIFE OF A SALESMAN / WOMANIlamathiKannappan
 
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...anilsa9823
 
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...lizamodels9
 
Regression analysis: Simple Linear Regression Multiple Linear Regression
Regression analysis:  Simple Linear Regression Multiple Linear RegressionRegression analysis:  Simple Linear Regression Multiple Linear Regression
Regression analysis: Simple Linear Regression Multiple Linear RegressionRavindra Nath Shukla
 
Grateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdfGrateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdfPaul Menig
 
Tech Startup Growth Hacking 101 - Basics on Growth Marketing
Tech Startup Growth Hacking 101  - Basics on Growth MarketingTech Startup Growth Hacking 101  - Basics on Growth Marketing
Tech Startup Growth Hacking 101 - Basics on Growth MarketingShawn Pang
 
Progress Report - Oracle Database Analyst Summit
Progress  Report - Oracle Database Analyst SummitProgress  Report - Oracle Database Analyst Summit
Progress Report - Oracle Database Analyst SummitHolger Mueller
 
VIP Call Girls Pune Kirti 8617697112 Independent Escort Service Pune
VIP Call Girls Pune Kirti 8617697112 Independent Escort Service PuneVIP Call Girls Pune Kirti 8617697112 Independent Escort Service Pune
VIP Call Girls Pune Kirti 8617697112 Independent Escort Service PuneCall girls in Ahmedabad High profile
 
Keppel Ltd. 1Q 2024 Business Update Presentation Slides
Keppel Ltd. 1Q 2024 Business Update  Presentation SlidesKeppel Ltd. 1Q 2024 Business Update  Presentation Slides
Keppel Ltd. 1Q 2024 Business Update Presentation SlidesKeppelCorporation
 
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Dipal Arora
 
Sales & Marketing Alignment: How to Synergize for Success
Sales & Marketing Alignment: How to Synergize for SuccessSales & Marketing Alignment: How to Synergize for Success
Sales & Marketing Alignment: How to Synergize for SuccessAggregage
 

Recently uploaded (20)

7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...
 
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
 
Pharma Works Profile of Karan Communications
Pharma Works Profile of Karan CommunicationsPharma Works Profile of Karan Communications
Pharma Works Profile of Karan Communications
 
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999
 
M.C Lodges -- Guest House in Jhang.
M.C Lodges --  Guest House in Jhang.M.C Lodges --  Guest House in Jhang.
M.C Lodges -- Guest House in Jhang.
 
Best Practices for Implementing an External Recruiting Partnership
Best Practices for Implementing an External Recruiting PartnershipBest Practices for Implementing an External Recruiting Partnership
Best Practices for Implementing an External Recruiting Partnership
 
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
 
Forklift Operations: Safety through Cartoons
Forklift Operations: Safety through CartoonsForklift Operations: Safety through Cartoons
Forklift Operations: Safety through Cartoons
 
Insurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageInsurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usage
 
A DAY IN THE LIFE OF A SALESMAN / WOMAN
A DAY IN THE LIFE OF A  SALESMAN / WOMANA DAY IN THE LIFE OF A  SALESMAN / WOMAN
A DAY IN THE LIFE OF A SALESMAN / WOMAN
 
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
 
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
 
Regression analysis: Simple Linear Regression Multiple Linear Regression
Regression analysis:  Simple Linear Regression Multiple Linear RegressionRegression analysis:  Simple Linear Regression Multiple Linear Regression
Regression analysis: Simple Linear Regression Multiple Linear Regression
 
Grateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdfGrateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdf
 
Tech Startup Growth Hacking 101 - Basics on Growth Marketing
Tech Startup Growth Hacking 101  - Basics on Growth MarketingTech Startup Growth Hacking 101  - Basics on Growth Marketing
Tech Startup Growth Hacking 101 - Basics on Growth Marketing
 
Progress Report - Oracle Database Analyst Summit
Progress  Report - Oracle Database Analyst SummitProgress  Report - Oracle Database Analyst Summit
Progress Report - Oracle Database Analyst Summit
 
VIP Call Girls Pune Kirti 8617697112 Independent Escort Service Pune
VIP Call Girls Pune Kirti 8617697112 Independent Escort Service PuneVIP Call Girls Pune Kirti 8617697112 Independent Escort Service Pune
VIP Call Girls Pune Kirti 8617697112 Independent Escort Service Pune
 
Keppel Ltd. 1Q 2024 Business Update Presentation Slides
Keppel Ltd. 1Q 2024 Business Update  Presentation SlidesKeppel Ltd. 1Q 2024 Business Update  Presentation Slides
Keppel Ltd. 1Q 2024 Business Update Presentation Slides
 
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
 
Sales & Marketing Alignment: How to Synergize for Success
Sales & Marketing Alignment: How to Synergize for SuccessSales & Marketing Alignment: How to Synergize for Success
Sales & Marketing Alignment: How to Synergize for Success
 

Mcx daily report -_18_july_2017

  • 1. CapitalStars Financial Research Pvt., Ltd., 1 SEBI Registration Number: INA000001647 MCX Daily Report - 18 JULY 2017 News High lights Gold continues to gain ground on strong data, weak dollar. Gold continue to gain ground on Tuesday in Asia a day after China reported strong second quarter GDP, industrial output and retail sales figures for June with industrial metal demand for housing and property development also in focus. A weaker dollar has helped shore up sentiment and gold prices. The market will now look towards Thursday and a meeting of the European Central Bank for fresh clues on when the central bank will shift away from its ultra- easy policy. Markets in Japan are shut on Monday for a holiday. Last week, gold prices rose to two-week highs on Friday as weak U.S. inflation data added to doubts over whether the Federal Reserve would raise interest rates for a third time this year. SMM: China Aluminum Stocks Hit Over 4-Year High. Aluminium ingot stocks in China’s five major markets have reached the highest level in nearly five years, SMM statistics showed. Potential Surplus from Aluminium Capacity Cuts to Weigh on Alumina Prices, SMM Warns. Downstream producers showed low buying interest due to falling orders, and impact from production cuts has not been felt, leading to the growth, SMM explained. Profit Expands Sharply at Chinese Aluminum Smelters, SMM Says. Norilsk Nickel Mine Explosion Kills Four and Eyes on Impact on Relocation Plan. Four miners were killed in an explosion at the Zapolyarny Mine, part of the Polar Division of Norilsk Nickel, foreign media reported. China Nickel Ore Inventories Fall, SMM Reports. The company said the accident is not expected to influence ore shipments due to its low percentage of company’s total output. In 2016, nickel production at the Zapolyarny Mine accounted for 0.7 per cent of its total, and 2 per cent of its copper output, so no a major impact is expected on Norilsk's output and profit, even if the mine closes. Oil prices stable as strong demand meets ongoing supply glut. Oil prices were stable on Tuesday, supported by strong consumption but weighed by ongoing high supplies from producer club OPEC and also the United States.In a sign of strong demand, data on Monday showed refineries in China increased crude throughput in June to the second highest on record. Despite this, oil markets have struggled with oversupply since 2014, resulting in a more than 50 percent fall in prices since then. A deal by the Organization of the Petroleum Exporting Countries with Russia and other non-OPEC producers to cut supplies by around 1.8 million barrels per day (bpd) between January this year and March 2018 has so far not led to the tighter market and higher prices that producers have hoped for.
  • 2. CapitalStars Financial Research Pvt., Ltd., 2 SEBI Registration Number: INA000001647 MCX Daily Report -18 JULY 2017 CS GOLD (AUG) OVERVIEW: CS SILVER (SEP) OVERVIEW: TREND : BULLISH TREND : BULLISH RESIST 2: 28450 RESIST 2: 38200 RESIST 1: 28350 RESIST 1: 38000 SUP 1: 28000 SUP1: 37000 SUP 2: 27900 SUP2: 36800 WWW.CAPITALSTARS.COM +917316790000 WWW.CAPITALSTARS.COM +917316790000 Base Metals CS COPPER (AUG) OVERVIEW: CS NICKEL (JULY) OVERVIEW: TREND : SIDEWAYS TREND : BULLISH RESIST 2: 396.00 RESIST 2: 632.00 RESIST 1: 392.00 RESIST 1: 628.00 SUP1: 385.00 SUP1: 614.00 SUP2: 381.00 SUP2: 610.00 WWW.CAPITALSTARS.COM +917316790000 WWW.CAPITALSTARS.COM +917316790000 CS ZINC (JULY) OVERVIEW: CS LEAD (JULY) OVERVIEW: TREND : SIDEWAYS TREND : SIDEWAYS RESIST 2: 186.00 RESIST 2: 152.00 RESIST 1: 184.00 RESIST 1: 150.00 SUP1: 178.00 SUP1: 145.00 SUP2: 176.00 SUP2: 143.00 WWW.CAPITALSTARS.COM +917316790000 WWW.CAPITALSTARS.COM +917316790000 CS ALUMINIUM (JULY) OVERVIEW: TREND : SIDEWAYS RESIST 2: 125.00 RESIST 1: 124.00 SUP1: 121.00 SUP2: 120.00 WWW.CAPITALSTARS.COM +917316790000 Energies CS CRUDE OIL (JULY) OVERVIEW: CS NATURAL GAS (JULY) OVERVIEW: TREND : SIDEWAYS TREND : SIDEWAYS RESIST 2: 3060 RESIST 2: 201.00 RESIST 1: 3020 RESIST 1: 198.00 SUP1: 2900 SUP1: 192.00 SUP2: 2860 SUP2: 189.00 WWW.CAPITALSTARS.COM +917316790000 WWW.CAPITALSTARS.COM +917316790000
  • 3. CapitalStars Financial Research Pvt., Ltd., 2 SEBI Registration Number: INA000001647 MCX Daily Report -18 JULY 2017 GET MORE DETAILS HERE:-  Commodity Market tips  Mcx live tips  Precious Metal  Base Metal  Energy Pack  Crude Intraday Tips  Turmeric Tips  Agri Commodity Price
  • 4. CapitalStars Financial Research Pvt., Ltd., 3 SEBI Registration Number: INA000001647 MCX Daily Report - 18 JULY 2017 Pick for the Day MCX Crude Oil July Monday as seen in the daily chart opened at 3005 levels and day high of 3020 levels. During this period price corrected & made day low of 2964 levels finally closed at 2972 levels. Now, there are chances of further downside movement technically & fundamentally.  In Asia, China's refinery activity continued to indicate strong fuel demand, as data showed oil refineries increased throughput in June to the second highest on record.   The bullish data from China, coincided with a report from the International Energy Agency released last week, suggesting that stronger consumption in the second half of the year could offset the glut in supply. DAILY RECOMMENDATION: Sell MCX CRUDE OIl July AROUND 3000 LEVELS FOR TARGET OF T1 2900/T2 2850 WITH SL OF 3150 LEVELS.
  • 5. CapitalStars Financial Research Pvt., Ltd., 4 SEBI Registration Number: INA000001647 MCX Daily Report - 18 JULY 2017 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. Capital stars Financial Research Private Ltd., Reserves all Rights. Registered Office Capital Stars Financial Research Private Limited Plot No.12, Scheme No. 78, Part-II, Vijay Nagar, INDORE – 452010 M. P. Branch - 1 +91 731 6790000 Branch - 2 +91 731 6669900 Email: - backoffice@capitalstars.in