This document is a daily market reflection from Trifid Research dated June 16th, 2017. It provides market updates on commodity prices from MCX and COMEX exchanges. Key points covered include gold and silver prices dropping on interest rate hike by US Fed, crude oil prices falling to six-week lows on high inventories, and base metal prices testing lower levels. The document also provides intraday calls and technical analysis on various commodities and agri commodities. It ends with Trifid Research's privacy policy and disclaimer.

1. www.trifidresearch.com | Email id: info@trifidresearch.com | Toll Free: 1800-270-1410
Daily Market Reflection
16th
June 2017
 -
Market Outlook
Important Data
Market Updates
MCX Date Date % Chg
14-06-17 15-06-17
GOLD 29030 28754 -0.95%
SILVER 39418 38712 -1.79%
COPPER 363.90 367.10 +0.88%
CRUDE 2873 2877 +0.14%
ALUMINIUM 120.15 120.75 +0.50%
LEAD 132.65 135.30 +2.00%
NICKEL 569.40 574 +0.81%
ZINC 159 162.10 +1.95%
NATURALGAS 188.80 197.90 +4.82%
COMEX Date
14-06-17
Date
15-06-17
% Chg
GOLD 1275.90 1255.98 -1.56%
SILVER 17.136 16.712 -2.47%
CRUDE 44.73 44.49 -0.54%
COPPER 2.574 2.570 -0.14%
$ INDEX 96.91 97.52 +0.63%
USDINR 64.4100 64.6225 +0.33%
Gold prices were under pressure on Thursday, sliding toward a three-
week low after the Federal Reserve hiked rates and maintained plans
to go ahead with another increase by year-end. Oil prices dropped to
six-week lows on Thursday, under pressure from high global
inventories and doubts about OPEC's ability to implement agreed
production cuts. The base metals prices continue to test lower and are
generally lingering around in low ground and therefore remain
vulnerable.
Fundamental News
The Fed raised interest rates for the second time this year at the
conclusion of its policy meeting on Wednesday, putting it in a range
between 1.0%-1.25percent.
Crude prices have fallen about 12 percent since May 25, when OPEC
agreed to extend its output limits into next year. Despite the deal,
some OPEC members, including Nigeria and Libya, have been exempt
from cutting and their rising output is seen to be undermining efforts
led by Saudi Arabia.
Time Currency Event Forecast Previous
2:30pm EUR
Final CPI y/y
1.4% 1.4%
6:00pm CAD
Foreign Securities
Purchases
12.14B 15.13B
6:00pm
USD Building Permits 1.25M 1.23M
6:00pm USD Housing Starts 1.17M
7:30pm USD
Prelim UoM
Consumer Sentiment 97.2 97.1
10:15pm USD
FOMC Member
Kaplan Speaks
OUR PREVIOUS CALLS UPDATE
Intraday super star
Date Commodity Entry Exit P/L
15/06 CRUDE
Multibagger
Date Commodity Entry Exit P/L
15/06 ZINC
Trifid special
Date Commodity Entry Exit P/L
15/06 GOLD 28980 28780 +20000
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 28700 28500 29000 29300
COMEX 1245 1240 1260 1270
COMEX GOLD
Gold showed bearish movement and found the important
support level of 28705. Now if it will close below the
important support level of 28700 then 28500 will act as next
support level. On the other hand 29000 will act as a major
resistance level.
PIVOTS S1 S2 R1 R2
MCX 38500 38000 39500 40000
COMEX 16.60 16.50 16.90 17.10
Silver showed bearish movement and found the important
support level of 38555. Now if it will close below the
important support level of 38500 then 38000 will act as next
support level. On the other hand 39500 will act as a major
resistance 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 2850 2800 2950 3000
COMEX 43.00 41.00 46.00 47.50
Crude showed sideways to bearish movement and found
the important support level of 2858. Now if it will close
below the important support level of 2850 then 2800 will
act as next support level. On the other hand 3000 will act
as a major resistance level.
PIVOTS S1 S2 R1 R2
MCX 362 358 370 378
COMEX 2.5250 2.5000 2.5700 2.6100
Copper showed bullish movement and found the
important resistance level of 367.05. Now if it will close
above the important resistance level of 370 then 378 will
act as next resistance level. On the other hand 358 will act
as a major support level.

4. www.trifidresearch.com | Email id: info@trifidresearch.com | Toll Free: 1800-270-1410
Other Commodities
Due to Summer Bank Holiday NO LME DATA TODAY
COMMODITIES S1 S2 R1 R2 VOLUME OI TREND
ALUMINIUM 119 117 123 125 3399 2338 Bullish
LEAD 134 131 137 138 14698 2151 Bullish
NICKEL 565 550 580 590 21668 41962 Bullish
ZINC 160 158 163 165 21751 4303 Bullish
NATURAL GAS 193 190 200 205 65668 5902 Bullish
PIVOT
S
COMMODITIES 9/06/2017 12/06/2017 13/06/2017 14/06/2017 15/06/2017
ALUMINIUM -5350 - -6125 -6525 -1900
COPPER -9475 - -3725 -3225 -4215
LEAD +150 - -300 -200 -75
NICKEL -1260 - -48 +630 +534
ZINC -1300 - -1125 -2475 -1800
LME INVENTORY
dasdasdinkjjlfcnladi
Inventory

5. www.trifidresearch.com | Email id: info@trifidresearch.com | Toll Free: 1800-270-1410
Agri Commodity Updates
JEERA
SOYABEAN
PIVOTS S1 S2 R1 R2
18500 18300 19000 19200
PIVOTS S1 S2 R1 R2
2770 2740 2820 2860
Jeera showed bullish movement today and found the
resistance level of 19000. If prices sustain below 18500
levels in next trading session then this momentum can
take prices to 18300 levels. If it breaks the resistance
level of 19000 then 19200 will act as next resistance
level.
Soyabean showed bearish movement and found the
important support level of 2780. If prices sustain below
2770 level in next trading session then this bearish
momentum can take prices to 2740 level. If it breaks
the resistance level of 2820 then 2860 will act as next
resistance level.
PIVOTS S1 S2 R1 R2
3400 3350 3500 3550
Guarseed showed bullish movement and found the
important resistance level of 3490. If prices sustains
below 3400 level in next trading session then this
momentum can take prices to 3300 level. If it breaks
the resistance level of 3500 then 3550 will act as next
resistance level.
GUARSEED

6. www.trifidresearch.com | Email id: info@trifidresearch.com | Toll Free: 1800-270-1410
Intraday Super Star
(Premium Section)
CALL: SELL CRUDE BELOW 2860 TARGETS 2830/2800 SL 2901.

7. www.trifidresearch.com | Email id: info@trifidresearch.com | Toll Free: 1800-270-1410
Multibagger Call
(Premium Section)
CALL: BUY ZINC ABOVE 162.50 TARGETS 163.50/164.50 SL 161.

8. www.trifidresearch.com | Email id: info@trifidresearch.com | Toll Free: 1800-270-1410
Trifid Special
(Premium Section)
CALL: SELL SILVER BELOW 38550 TARGETS 38250/37950 SL 39000.

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