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Daily MCX Newsletter
11th February 2016
2016
www.moneymakerfinancial.com
An ISO 9001-2008 Company
Money Maker Research Pvt. Ltd.
www.moneymakerfinancial.com
An ISO 9001-2008 Company
PRECIOUS METALS:
Precious metals prices showed some profit booking on higher levels on Wednesday after U.S. Federal
Reserve Chair Janet Yellen said that only "gradual" adjustments to monetary policy were likely and
stressed that global headwinds could hurt U.S. growth. Holdings of the largest silver backed exchange-
traded-fund (ETF), New York's iShares Silver Trust SLV, stood at 9591.72 down 19.25 tonnes, from
previous business day.
ENERGY:
U.S. crude stockpiles fell unexpectedly last week as imports slumped, while gasoline inventories hit a
record high for a second week, data from the Energy Information Administration showed on
Wednesday. Crude oil prices slumped on Wednesday on mixed inventory data released by EIA.
BASE METALS:
Indonesia on Wednesday granted Freeport-McMoRan Inc a new six month export permit for
shipments from one of the world's largest copper mines, ending a near two-week stoppage due to a
dispute over payment for a new metal smelter. Copper ended lower on Wednesday.
MARKET WRAP
Money Maker Research Pvt. Ltd.
www.moneymakerfinancial.com
An ISO 9001-2008 Company
PIVOTS LEVEL:
GOLD(APR)
RESISTANCE2:28900
RESISTANCE1: 28600
SUPPORT1:28050
SUPPORT2: 27700
SILVER (MAR)
RESISTANCE2:37850
RESISTANCE1: 37250
SUPPORT1:36200
SUPPORT2: 35600
CRUDE OIL (FEB)
RESISTANCE2:2060
RESISTANCE1: 2000
SUPPORT1:1855
SUPPORT2: 1800
COPPER (FEB)
RESISTANCE2:313
RESISTANCE1: 308
SUPPORT1:300
SUPPORT2: 295
Money Maker Research Pvt. Ltd.
www.moneymakerfinancial.com
An ISO 9001-2008 Company
SILVER
CALL: BUY SILVER MAR ABOVE 37350 TGT 37550, 37750 SL 37000
PICK OF THE DAY
Money Maker Research Pvt. Ltd.
www.moneymakerfinancial.com
An ISO 9001-2008 Company
The information and views in this report, our website & all the service we provide
are believed to be reliable, but we do not accept any responsibility (or liability) for
errors of fact or opinion. Users have the right to choose the product/s that suits
them the most. Investment in Stocks has its own risks. 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. We,
however, do not vouch for the accuracy or the completeness thereof. This material
is for personal information and we are not responsible for any loss incurred based
upon it & takes no responsibility whatsoever for any financial profit s or loss which
may arise from the recommendations above. The stock price projections shown
are not necessarily indicative of future price performance. The information herein,
together with all estimates and forecasts, can change without notice. Money
Maker Research Pvt. Ltd. does not purport to be an invitation or an offer to buy or
sell any financial instrument. Analyst or any person related to Money Maker
Research Pvt. Ltd. might be holding positions in the stocks recommended. 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. Any surfing and
reading of the information is the acceptance of this disclaimer. All Rights Reserved.
Our Clients (Paid or Unpaid), any third party or anyone else have no rights to
forward or share our calls or SMS or Report or Any Information Provided by us
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D I S C L A I M E R

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Daily MCX Newsletter Precious Metals Prices

  • 1. + Daily MCX Newsletter 11th February 2016 2016 www.moneymakerfinancial.com An ISO 9001-2008 Company
  • 2. Money Maker Research Pvt. Ltd. www.moneymakerfinancial.com An ISO 9001-2008 Company PRECIOUS METALS: Precious metals prices showed some profit booking on higher levels on Wednesday after U.S. Federal Reserve Chair Janet Yellen said that only "gradual" adjustments to monetary policy were likely and stressed that global headwinds could hurt U.S. growth. Holdings of the largest silver backed exchange- traded-fund (ETF), New York's iShares Silver Trust SLV, stood at 9591.72 down 19.25 tonnes, from previous business day. ENERGY: U.S. crude stockpiles fell unexpectedly last week as imports slumped, while gasoline inventories hit a record high for a second week, data from the Energy Information Administration showed on Wednesday. Crude oil prices slumped on Wednesday on mixed inventory data released by EIA. BASE METALS: Indonesia on Wednesday granted Freeport-McMoRan Inc a new six month export permit for shipments from one of the world's largest copper mines, ending a near two-week stoppage due to a dispute over payment for a new metal smelter. Copper ended lower on Wednesday. MARKET WRAP
  • 3. Money Maker Research Pvt. Ltd. www.moneymakerfinancial.com An ISO 9001-2008 Company PIVOTS LEVEL: GOLD(APR) RESISTANCE2:28900 RESISTANCE1: 28600 SUPPORT1:28050 SUPPORT2: 27700 SILVER (MAR) RESISTANCE2:37850 RESISTANCE1: 37250 SUPPORT1:36200 SUPPORT2: 35600 CRUDE OIL (FEB) RESISTANCE2:2060 RESISTANCE1: 2000 SUPPORT1:1855 SUPPORT2: 1800 COPPER (FEB) RESISTANCE2:313 RESISTANCE1: 308 SUPPORT1:300 SUPPORT2: 295
  • 4. Money Maker Research Pvt. Ltd. www.moneymakerfinancial.com An ISO 9001-2008 Company SILVER CALL: BUY SILVER MAR ABOVE 37350 TGT 37550, 37750 SL 37000 PICK OF THE DAY
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