The document provides a technical analysis of various commodities including gold, silver, copper, crude oil, and natural gas. For gold, the analysis indicates prices are expected to move lower towards 28500 levels. For silver, prices are expected to move higher towards 39250 levels. For copper, prices are expected to move higher towards 322.50 levels. For crude oil, prices are expected to move higher towards 3430 levels.

1. Equities I Commodities I Currencies I Mutual Funds
Aaj Ka Trend
Technical View:
On Hourly chart MCX Gold prices are trading below its
horizontal trend line resistance. Counter is trading below its 50
HEMA on hourly chart. Furthermore, Three Black Crow Bearish
candle stick pattern is visible on weekly chart of COMEX Gold.
Moreover, Momentum Indicator RSI has witnessed negative
reversal at 55 levels. For now we expect prices should move
lower towards 28500 levels in the coming trading sessions.
SEBI Registered - Research Analyst Equities I Commodities I Currencies I Mutual Funds
Bullions
MCX Gold June Hourly Chart CMP: 28595
MCX Gold (Aug) Trend: Bearish
Price potential: 28500 Reversal:29100
MCX Silver July Hourly Chart CMP: 38439
Technical View:
MCX Silver prices are trading above its horizontal trend line
support. On the other hand, MCX Silver prices are trading
above its 21 HEMA which indicates positive confirmation to
the prices. Furthermore, Spinning Top Bullish reversal candle
stick pattern is visible on daily chart of MCX silver. Moreover,
momentum indicator RSI is trading above 40 levels on hourly
chart. For now we expect prices to move higher towards
39250 levels in few trading sessions.
MCX Silver (July) Trend: Bullish
Price potential: 39250 Reversal: 38050
Pivot levels for the Day
S1 S2 S3 Pivot R1 R2 R3
Gold 28794 28710 28557 28863 28947 29016 29169
Silver 38367 38243 37908 38578 38702 38913 39248
01st June’16

2. Equities I Commodities I Currencies I Mutual Funds
Technical View:
On Hourly chart MCX Copper prices are trading in channel
formation. However, MCX Copper prices are trading near its
horizontal trend line support on hourly chart which
indicates bulls to resume its uptrend. Furthermore, Counter
is trading above its 100 HEMA on hourly time frame. On the
other hand, momentum indicator RSI is trading near its
support of 40 levels on hourly chart. For now we expect
prices to move higher towards 322.50 levels in coming
trading sessions.
SEBI Registered - Research Analyst Equities I Commodities I Currencies I Mutual Funds
MCX Copper June hourly Chart CMP: 312.70
MCX Copper (June) Trend: Bullish
Price potential: 322.50 Reversal: 308.50
MCX Crude Oil June. Hourly Chart CMP: 3325
Technical View:
On Hourly chart MCX Crude Oil prices are trading in rising
channel formation. Moreover prices has formed higher top
higher bottom formation on hourly basis. On the other hand
counter is trading above its 100 HEMA on MCX Crude Oil
hourly chart. Furthermore, COMEX Crude prices are trading
above its trend line support. Moreover, MACD Indicator has
witnessed positive crossover on hourly chart. For now we
expect prices to move higher towards 3430 levels in coming
trading sessions.
MCX Crude Oil (June) Trend: Bullish
Price potential: 3430 Reversal: 3300
Pivot levels for the Day
S1 S2 S3 Pivot R1 R2 R3
Copper 312.4 311.1 308.3 313.9 315.2 316.7 319.5
Crude 3332 3306 3261 3351 3377 3396 3441
Base Metal
Energy
Aaj Ka Trend
01st June’16

3. Equities I Commodities I Currencies I Mutual FundsSEBI Registered - Research Analyst Equities I Commodities I Currencies I Mutual Funds
Other Base Metals & Energy
S1 S2 S3 Pivot R1 R2 R3 Trend
Copper 312.4 311.1 308.3 313.9 315.2 316.7 319.5
Aluminum 104.3 103.9 103.0 104.7 105.2 105.6 106.4
Lead 113.7 113.0 111.4 114.5 115.3 116.1 117.6
Nickel 567.7 563.6 553.4 573.8 577.9 584.0 594.2
Zinc 127.8 126.5 124.3 128.7 130.0 130.9 133.1
Natural Gas 148.7 143.8 136.4 151.2 156.1 158.6 166.0
Fundamental News:
 Gold prices fell in early Asia on Tuesday with sentiment downbeat on prospects for a rate hike by the Federal
Reserve this summer seen growing.
 Gold futures struggled near the lowest level in more than three months in European trade on Tuesday, as
investors returning from the long Memorial Day weekend awaited data that could back some Federal Reserve
officials' relatively optimistic views on the U.S. economy.
 Gold futures fell back towards the $1,200-level in North American trade on Tuesday, adding to overnight
losses after data showed U.S. consumer spending surged by the most in seven years in April, supporting the case
for the Federal Reserve to raise interest rates in coming months.
 Brent crude prices fell on Tuesday on rising output from the Middle East and ahead of an OPEC meeting on
Thursday, while U.S. crude edged higher as the summer driving season began.
 Oil futures were mixed on Tuesday as investors weigh up the impact of an expected increase in supply from the
Middle East.
 Global oversupply in crude oil is likely to limit price gains this year despite a series of unplanned outages and
shrinking U.S. shale production, a Reuters poll showed on Tuesday.
 With the Organization of the Petroleum Exporting Countries preparing to meet later this week, analysts at
Morgan Stanley said Tuesday that any coordinated action on cuts is unlikely.
 U.S. oil prices added to gains in North American trade on Tuesday, after a report from industry research group
Genscape showed that supplies at the Cushing, Oklahoma delivery point for U.S. crude fell last week.
 U.S. natural gas futures rallied sharply on Tuesday, as forecasts for the coming week turned warmer, boosting
near-term demand expectations for the heating fuel. Forecasts originally called for mild summer weather during
the period.
Aaj Ka Trend
01st June’16

4. Equities I Commodities I Currencies I Mutual FundsSEBI Registered - Research Analyst Equities I Commodities I Currencies I Mutual Funds
International Market
Commodity Closing Price
Gold 1219.50
Silver 15.98
Crude Oil 48.87
Brent Crude Oil 49.57
Natural Gas 2.28
COMEX/NYMEX/ICE ( Precious Metals & Energy) Currency & Commodity Index
Currency (Spot) Current Price
USD / INR 67.26
Dollar Index 95.83
EUR / USD 1.1134
CRB Index* 186.15
Closing as on 31.05.16 *Closing as on 31.05.16
LME (Base Metals) ( $ per tones)
Commodity Closing Price
Copper 4671
Aluminum 1556
Zinc 1923
Lead 1700
Nickel 8435
SHFE (Base Metals) (Yuan per tones)
Commodity Closing Price
Copper 35330
Aluminum 12165
Zinc 14995
Lead 12680
Closing as on 31.05.16 Closing as on 31.05.16
LME INVENTORY DATA
Aaj Ka Trend
25-May-16 26-May-16 27-May-16 30-May-16 31-May-16
Aluminium -5375 -4425 -5900 0 -4900
Copper -2000 725 -2225 0 -2025
Lead 5575 -275 -25 0 225
Nickel -630 -978 1848 0 -978
Zinc -600 -50 -2025 0 -2300
01st June’16

5. Equities I Commodities I Currencies I Mutual Funds
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Aaj Ka Trend
01st June’16
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Date: 2016.06.01 08:56:03 +05'30'