Trifid Research providing monsoon offer in MCX segment and also other segments. It’s 2 days free trial with 80 to 85% accuracy. Our premium segment is very profitable and best.
1. www.trifidresearch.com | Email id: info@trifidresearch.com | Toll Free: 1800-270-1410
Daily Market Reflection
20th
July 2017
27842 -
Market Outlook
Important Data
Market Updates
MCX Date Date % Chg
18-07-17 19-07-17
GOLD 28253 28250 -0.01%
SILVER 37695 37757 +0.16%
COPPER 389 386.25 -0.71%
CRUDE 2973 3028 +1.85%
ALUMINIUM 123 122.40 -0.49%
LEAD 144.90 141.05 -2.66%
NICKEL 624.50 619 -0.88%
ZINC 179.20 175.65 -1.98%
NATURALGAS 198.10 197.50 -0.30%
COMEX Date
18-07-17
Date
19-07-17
% Chg
GOLD 1241.90 1241.52 -0.03%
SILVER 16.268 16.290 +0.14%
CRUDE 46.40 46.98 +1.25%
COPPER 2.731 2.710 -0.79%
$ INDEX 94.45 94.56 +0.12%
USDINR 64.4175 64.3700 -0.07%
Gold prices lower on Wednesday, pausing for breath after rallying to
the highest level in around three weeks in the prior session. Gold’s
gains came as the dollar sank to an 11-month low after a second
attempt by Republicans to replace Obamacare failed, delivering a major
blow to President Donald Trump's agenda. Oil prices were a bit lower
on Wednesday, as investors looked ahead to weekly data from the U.S.
on stockpiles of crude and refined products later in the global day. We
hope to accommodate the rise in production from Libya and Nigeria
taking into consideration other supply adjustments as well. But we
emphasize that we have to work together with other producers and
with the two countries.
Fundamental News
Dollar-denominated assets such as gold are sensitive to moves in the
dollar – A dip in the dollar makes gold cheaper for holders of foreign
currency and thus, increases demand.
While U.S. crude stocks rose by 1.6 million barrels to 497.2 million
barrels in the week to July 14, gasoline stocks fell by a whopping 5.4
million barrels, the American Petroleum Institute said on Tuesday.
Time Currency Event Forecast Previous
2:00pm GBP
Retail Sales m/m
0.4% -1.2%
5:15pm EUR Minimum Bid Rate 0.00% 0.00%
6:00pm
EUR
ECB Press
Conference
6:00pm USD
Unemployment
Claims
245K 247K
6:00pm USD
Philly Fed
Manufacturing Index 23.4 27.6
8:00pm USD Natural Gas Storage 39B 57B
OUR PREVIOUS CALLS UPDATE
Intraday super star
Date Commodity Entry Exit P/L
19/07 CRUDE - - -
Multibagger
Date Commodity Entry Exit P/L
18/07 COPPER - - -
Trifid special
Date Commodity Entry Exit P/L
19/07 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 27800 27600 28300 28500
COMEX 1235 1230 1245 1250
COMEX GOLD
Gold showed sideways to bullish movement and found the
important resistance level of 28260. Now if it will close
above the important resistance level of 28300 then 28500
will act as next resistance level. On the other hand 27600
will act as a major support level.
PIVOTS S1 S2 R1 R2
MCX 37000 36500 38000 38500
COMEX 16.15 16.00 16.35 16.50
Silver showed bullish movement and found the important
resistance level of 37824. Now if it will close above the
important resistance level of 38000 then 38500 will act as
next resistance level. On the other hand 37000 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 3000 2950 3050 3100
COMEX 45.00 43.50 47.50 49.00
Crude showed bullish movement and found the important
resistance level of 3034. Now if it will close above the
important resistance level of 3050 then 3100 will act as
next resistance level. On the other hand 2950 will act as a
major support level.
PIVOTS S1 S2 R1 R2
MCX 385 380 391 395
COMEX 2.6800 2.6500 2.7250 2.7500
Copper showed bearish movement and found the
important support level of 385.40. Now if it will close
below the important support level of 385 then 380 will act
as next support level. On the other hand 391 will act as a
major resistance 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
19800 19500 20200 20500
PIVOTS S1 S2 R1 R2
2975 2925 3030 3075
Jeera showed bullish movement today and found the
resistance level of 20150. If prices sustain below 19800
levels in next trading session then this momentum can
take prices to 19500 levels. If it breaks the resistance
level of 20200 then 20500 will act as next resistance
level.
Soyabean showed sideways movement and found the
important resistance level of 3030. If prices sustain
below 2975 level in next trading session then this
bearish momentum can take prices to 2925 level. If it
breaks the resistance level of 3030 then 3075 will act as
next resistance level.
PIVOTS S1 S2 R1 R2
3375 3325 3450 3500
Guarseed showed sideways movement and found the
important resistance level of 3475. If prices sustains
below 3375 level in next trading session then this
momentum can take prices to 3325 level. If it breaks
the resistance level of 3450 then 3500 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