If you are interested in making money in share market and you want proper advice for investors. So hurry up we are providing Free MCX Tips & 2 days free trial in all segments.
1. www.trifidresearch.com | Email id: info@trifidresearch.com | Toll Free: 1800-270-1410
Daily Market Reflection
12th
July 2017
-
Market Outlook
Important Data
Market Updates
MCX Date Date % Chg
10-07-17 11-07-17
GOLD 27794 27834 +0.14%
SILVER 36544 36771 +0.62%
COPPER 379.25 382.60 +0.88%
CRUDE 2876 2912 +1.25%
ALUMINIUM 121.95 122.15 +0.16%
LEAD 148.85 148.50 -0.24%
NICKEL 581.10 593 +2.05%
ZINC 178.95 182.40 +1.93%
NATURALGAS 189.40 196.80 +3.91%
COMEX Date
10-07-17
Date
11-07-17
% Chg
GOLD 1213.20 1214.54 +0.11%
SILVER 15.629 15.767 +0.88%
CRUDE 44.40 45.05 +1.46%
COPPER 2.648 2.672 +0.93%
$ INDEX 95.81 95.50 -0.32%
USDINR 64.6850 64.7275 +0.07%
Gold prices edged lower on Tuesday, moving back towards the lowest
level in around four months as investors awaited comments from
Federal Reserve Chair Janet Yellen for fresh cues on policy direction.
Oil prices were lower on Tuesday, moving back towards a two-week
trough, as investors looked ahead to weekly data from the U.S. on
stockpiles of crude and refined products. The base metals are looking
brighter with recent price weakness attracting some dip buying – lead
and zinc prices look best placed to extend gains, copper and nickel
prices seem to be turning higher, while aluminium consolidating.
Fundamental News
Last week, gold prices dropped to almost four-month lows on Friday
after a stronger-than-forecast U.S. jobs report boosted the dollar
against a basket of the other major currencies.
The two countries had been exempted from the pact among major oil
producers, led by the Organization of the Petroleum Exporting
Countries, to limit global production and ease a glut of oil that has
plagued the industry.
Time Currency Event Forecast Previous
2:00pm GBP
Average Earnings
Index 3m/y 1.8% 2.1%
2:00pm GBP
Claimant Count
Change
10.5K 7.3K
2:00pm
GBP Unemployment Rate 4.6% 4.6%
7:30pm CAD Overnight Rate 0.75% 0.50%
7:30pm USD
Fed Chair Yellen
Testifies
8:00pm USD Crude Oil Inventories -3.2M -6.3M
OUR PREVIOUS CALLS UPDATE
Intraday super star
Date Commodity Entry Exit P/L
11/07 COPPER - - -
Multibagger
Date Commodity Entry Exit P/L
11/07 LEAD 149 150 +5000
Trifid special
Date Commodity Entry Exit P/L
11/07 GOLD - - -
For our next calls click here……..
COMDEX
2. www.trifidresearch.com | Email id: info@trifidresearch.com | Toll Free: 1800-270-1410
Gold and Silver
SILVER COMEX SILVER
GOLD
PIVOTS S1 S2 R1 R2
MCX 27600 27300 28000 28400
COMEX 1200 1195 1220 1225
COMEX GOLD
Gold showed bullish movement and found the important
resistance level of 27870. Now if it will close above the
important resistance level of 28000 then 28400 will act as
next resistance level. On the other hand 27600 will act as a
major support level.
PIVOTS S1 S2 R1 R2
MCX 36000 35500 37000 37800
COMEX 15.50 15.35 15.85 16.00
Silver showed bullish movement and found the important
resistance level of 36824. Now if it will close above the
important resistance level of 37000 then 37800 will act as
next resistance level. On the other hand 36000 will act as a
major support level.
3. www.trifidresearch.com | Email id: info@trifidresearch.com | Toll Free: 1800-270-1410
Crude and Copper
CRUDE COMEX CRUDE
COPPER COMEX COPPER
PIVOTS S1 S2 R1 R2
MCX 2830 2800 2930 3000
COMEX 43.00 41.00 45.50 47.00
Crude showed bullish movement and found the important
resistance level of 2926. Now if it will close above the
important resistance level of 2930 then 3000 will act as
next resistance level. On the other hand 2830 will act as a
major support level.
PIVOTS S1 S2 R1 R2
MCX 375 370 385 390
COMEX 2.6200 2.5700 2.6600 2.7000
Copper showed bullish movement and found the
important resistance level of 383.20. Now if it will close
above the important resistance level of 385 then 390 will
act as next resistance level. On the other hand 375 will act
as a major support level.
5. www.trifidresearch.com | Email id: info@trifidresearch.com | Toll Free: 1800-270-1410
Agri Commodity Updates
JEERA
SOYABEAN
PIVOTS S1 S2 R1 R2
18300 18000 18800 19100
PIVOTS S1 S2 R1 R2
3000 2950 3025 3075
Jeera showed sideways movement today and found the
support level of 18350. If prices sustain below 18300
levels in next trading session then this momentum can
take prices to 18000 levels. If it breaks the resistance
level of 18800 then 19100 will act as next resistance
level.
Soyabean showed bearish movement and found the
important support level of 3000. If prices sustain below
3000 level in next trading session then this bearish
momentum can take prices to 2950 level. If it breaks
the resistance level of 3025 then 3075 will act as next
resistance level.
PIVOTS S1 S2 R1 R2
3300 3250 3400 3450
Guarseed showed bearish movement and found the
important support level of 3325. If prices sustains below
3300 level in next trading session then this momentum
can take prices to 3250 level. If it breaks the resistance
level of 3400 then 3450 will act as next resistance level.
GUARSEED
9. www.trifidresearch.com | Email id: info@trifidresearch.com | Toll Free: 1800-270-1410
Trifid Research respects and values the Right to Policy of each and every individual. We are esteemed
by the relationship and by becoming our clients; you have a promise from our side that we shall
remain loyal to all our clients and non-clients whose information resides with us. This Privacy Policy
of Trifid Research applies to the current clients as well as former clients. Below are the word by word
credentials of our Privacy Policy:
1. Your information, whether public or private, will not be sold, rented, exchanged, transferred
or given to any company or individual for any reason without your consent.
2. The only use we will be bringing to your information will be for providing the services to you
for which you have subscribed to us.
3. Your information given to us represents your identity with us. If any changes are brought in
any of the fields of which you have provided us the information, you shall bring it to our
notice by either calling us or dropping a mail to us.
4. In addition to the service provided to you, your information (mobile number, E-mail ID etc.)
can be brought in use for sending you newsletters, surveys, contest information, or
information about any new services of the company which will be for your benefit and while
subscribing for our services, you agree that Trifid Research has the right to do so.
5. By subscribing to our services, you consent to our Privacy Policy and Terms of Use.
6. Trifid research does not guarantee or is responsible in any which way, for the trade execution
of our recommendations, this is the sole responsibility of the client.
7. Due to the market’s volatile nature, the trader may/ may not get appropriate opportunity to
execute the trades at the mentioned prices and Trifid Research hold’s no liability for any
profit/ loss incurred whatsoever in this case.
8. It is the responsibility of the client to view the report timely from our Premium member
section on our website: www.trifidresearch.com and the same will also be mailed to this
registered email id.
9. Trifid research does not hold any liability or responsibility of delay in mail delivery of
reports, as this depends on our mail service provider’s network infrastructure.
10. The clients can call us for any query related to buying/selling the securities, based on our
recommendations.
DISCLAIMER