#ChoiceBroking #Aajkatrend

1. Equities I Commodities I Currencies I Mutual Funds
Aaj Ka Trend
Technical View:
On Hourly chart MCX Gold price are trading in a Rising Channel
formation on hourly basis. Furthermore, Counter is trading in
Higher High Higher Low pattern in hourly chart. Moreover,
prices have been trading above its 21 HEMA on hourly time
frame. Moreover, Momentum Indicator RSI is trading above at
60 levels in hourly time frame. For now we expect prices
should move higher towards 30800 levels in the coming
trading sessions.
SEBI Registered - Research Analyst Equities I Commodities I Currencies I Mutual Funds
Bullions
MCX Gold August Hourly Chart CMP: 30450
MCX Gold (Aug) Trend: Bullish
Price potential: 30800 Reversal:30250
MCX Silver July Hourly Chart CMP: 41380
Technical View:
MCX Silver prices are trading in a Rising channel formation on
hourly basis. On the other hand, MCX Silver prices have been
trading above its 21 HEMA which indicates positive
confirmation to the prices. COMEX Silver price are trading in
rectangle formation on hourly time frame. Moreover,
momentum indicator RSI is trading above 60 levels on hourly
chart. For now we expect prices to move higher towards
42180 levels in few trading sessions.
MCX Silver (July) Trend: Bullish
Price potential: 42180 Reversal: 40980
Pivot levels for the Day
S1 S2 S3 Pivot R1 R2 R3
Gold 30290 30124 29813 30435 30601 30746 31057
Silver 41085 40840 40330 41350 41595 41860 42370
15th June’16

2. Equities I Commodities I Currencies I Mutual Funds
Technical View:
MCX Copper prices are trading in a symmetrical triangle
formation on hourly chart. Furthermore, prices have been
trading below its 60 HEMA on hourly chart. On the other
hand, COMEX Copper price has shown breakdown of its
horizontal trend line at $2.04 levels. On the other hand,
momentum indicator RSI has hold its resistance of 60 levels
on hourly chart. For now we expect prices to move lower
towards 296 levels in coming trading sessions.
SEBI Registered - Research Analyst Equities I Commodities I Currencies I Mutual Funds
MCX Copper June hourly Chart CMP: 304
MCX Copper (June) Trend: Bearish
Price potential: 296 Reversal: 309
MCX Crude Oil June. Hourly Chart CMP: 3255
Technical View:
On Hourly chart MCX Crude Oil prices have given breakdown
of its Rising trend line support at 3255 levels. On the other
hand prices have been trading below its 21 HEMA on MCX
Crude Oil hourly chart. NYMEX WTI Crude oil prices have
breached its horizontal trend line support at $48.60 levels.
Moreover, Momentum indicator RSI has drift below 50 levels
on hourly chart. For now we expect prices to move lower
towards 3165 levels in coming trading sessions.
MCX Crude Oil (June) Trend: Bearish
Price potential: 3165 Reversal: 3305
Pivot levels for the Day
S1 S2 S3 Pivot R1 R2 R3
Copper 302.4 301.3 298.4 304.2 305.3 307.1 310.0
Crude 3235 3215 3175 3255 3275 3295 3335
Base Metal
Energy
Aaj Ka Trend
15th 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 302.4 301.3 298.4 304.2 305.3 307.1 310.0
Aluminum 107.0 106.2 104.9 107.6 108.4 108.9 110.3
Lead 113.1 112.4 110.6 114.3 115.0 116.1 118.0
Nickel 593.3 589.9 583.5 596.3 599.7 602.7 609.1
Zinc 134.8 133.8 130.9 136.7 137.7 139.6 142.5
Natural Gas 171.4 168.8 164.0 173.6 176.2 178.4 183.2
Fundamental News:
 Gold prices dipped in Asia on Tuesday as investors turned cautious after recent gains linked to expectations of
steady interest rates in the U.S. and an uncertain outlook for Britain remaining in the European Union.
 Gold futures were lower in European trade on Tuesday, after climbing to a four-week high in the prior session,
as investors readjusted positions ahead of the Federal Reserve's two-day monetary policy meeting due to begin
later in the day.
 Gold futures were little changed in North American trade on Tuesday, holding near the prior session’s four-
week high, as investors looked ahead to the Federal Reserve’s policy meeting and the upcoming U.K. vote on
whether to leave the European Union.
 Oil prices extended overnight losses in European trade on Tuesday, slumping to two-week lows as global
concerns over a Brexit weighed on appetite for riskier assets.
 Oil futures prices fell over 1% on Tuesday as concerns over the prospect of Brexit fueled concerns about global
economic weakness.
 Oil prices were under pressure in North American trade on Tuesday, dropping to the lowest level in almost two
weeks on worries Britain may leave the European Union in a referendum less than 10 days away.
 Oil prices fell for a fourth straight day on Tuesday, swept lower by investor nervousness over Britain's vote next
week on whether to leave the European Union, which overshadowed signs of a return to health for crude
markets.
 U.S. natural gas futures held near the prior session’s nine-month highs on Tuesday, as forecasts for continued
above-normal temperatures across most parts of the U.S. over the next two weeks continued to provide
support.
Aaj Ka Trend
15th 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 1276.10
Silver 17.34
Crude Oil 48.91
Brent Crude Oil 50.45
Natural Gas 2.57
COMEX/NYMEX/ICE ( Precious Metals & Energy) Currency & Commodity Index
Currency (Spot) Current Price
USD / INR 66.95
Dollar Index 94.65
EUR / USD 1.12
CRB Index* 192.88
Closing as on 14.06.16 *Closing as on 14.06.16
LME (Base Metals) ( $ per tones)
Commodity Closing Price
Copper 4514
Aluminum 1599
Zinc 1996
Lead 1687
Nickel 8935
SHFE (Base Metals) (Yuan per tones)
Commodity Closing Price
Copper 35550
Aluminum 12200
Zinc 15800
Lead 12725
Closing as on 14.06.16 Closing as on 14.06.16
LME INVENTORY DATA
Aaj Ka Trend
08-June-16 09-June-16 10-June-16 13-June-16 14-June-16
Aluminium -6650 -6700 -7400 -5375 -7025
Copper 11075 5925 -2550 -3050 -4350
Lead -25 -768 -25 -930 -25
Nickel -984 550 -84 -84 -3072
Zinc 3075 -1250 -500 -325 -4000
15th June’16

5. Equities I Commodities I Currencies I Mutual Funds
This is solely for information of clients of Choice Broking and does not construe to be an investment advice. It is also not intended as an offer or solicitation
for the purchase and sale of any financial instruments. Any action taken by you on the basis of the information contained herein is your responsibility alone
and Choice Broking its subsidiaries or its employees or associates will not be liable in any manner for the consequences of such action taken by you. We
have exercised due diligence in checking the correctness and authenticity of the information contained in this recommendation, but Choice Broking or any of
its subsidiaries or associates or employees shall not be in any way responsible for any loss or damage that may arise to any person from any inadvertent
error in the information contained in this recommendation or any action taken on basis of this information. Technical analysis studies market psychology,
price patterns and volume levels. It is used to forecast future price and market movements. Technical analysis is complementary to fundamental analysis
and news sources. The recommendations issued herewith might be contrary to recommendations issued by Choice Broking in the company research
undertaken as the recommendations stated in this report is derived purely from technical analysis. Choice Broking has based this document on information
obtained from sources it believes to be reliable but which it has not independently verified; Choice Broking makes no guarantee, representation or warranty
and accepts no responsibility or liability as to its accuracy or completeness. The opinions contained within the report are based upon publicly available
information at the time of publication and are subject to change without notice. The information and any disclosures provided herein are in summary form
and have been prepared for informational purposes. The recommendations and suggested price levels are intended purely for trading purposes. The
recommendations are valid for the day of the report however trading trends and volumes might vary substantially on an intraday basis and the
recommendations may be subject to change. The information and any disclosures provided herein may be considered confidential. Any use, distribution,
modification, copying, forwarding or disclosure by any person is strictly prohibited. The information and any disclosures provided herein do not constitute a
solicitation or offer to purchase or sell any security or other financial product or instrument. The current performance may be unaudited. Past performance
does not guarantee future returns. There can be no assurance that investments will achieve any targeted rates of return, and there is no guarantee against
the loss of your entire investment.
POTENTIAL CONFLICT OF INTEREST DISCLOSURE (as on date of report) Disclosure of interest statement – • Analyst interest of the stock
/Instrument(s): - No. • Firm interest of the stock / Instrument (s): - No.
Disclaimer
Contact Us
Amit Pathania
Research Associate
amit.pathania@choiceindia.com
Rohan Patil
Research Associate
rohan.patil@choiceindia.com
www.choiceindia.comcustomercare@choiceindia.com
SEBI Registered - Research Analyst Equities I Commodities I Currencies I Mutual Funds
Aaj Ka Trend
15th June’16
Neeraj Yadav
Research Advisor
neeraj.yadav@choiceindia.com
Anish Vyas
Senior Research Associate
anish.vyas@choiceindia.com
Amit Pathania
Digitally signed by Amit Pathania
DN: cn=Amit Pathania, o=Choice Equity Broking Pvt. ltd,
ou=Research Department,
email=amit.pathania@choiceindia.com, c=IN
Date: 2016.06.15 08:46:23 +05'30'