Commodity premium report-4 dec

Daily Market Reflection
4th
December 2017
 %27842 -
www.trifidresearch.com | Email id: info@trifidresearch.com | Toll Free: 1800-270-1410
Market Outlook
Important Data
Market Updates
MCX Date Date % Chg
30-11-17 1-12-17
GOLD 29060 29349 +0.70%
SILVER 37750 38380 +0.09%
COPPER 441.05 444.30 +0.89%
CRUDE 3695 3754 +1.82%
ALUMINIUM 131.80 133.65 +1.40%
LEAD 160.10 164.50 +2.72%
NICKEL 720.60 731.80 +1.62%
ZINC 204.40 209.60 +2.52%
NATURALGAS 196.40 199.10 +1.01%
COMEX Date
30-11-17
Date
1-12-17
% Chg
GOLD 1273.20 1279.70 +0.51%
SILVER 16.382 16.355 -0.16%
CRUDE 57.40 58.30 +1.57%
COPPER 3.064 3.094 +0.98%
$ INDEX 92.97 92.81 -0.17%
USDINR 64.5150 64.6525 +0.21%
1275.25
Gold price did not show any strong move since morning, we
remind you that breaking the targeted level will extend Gold price
losses to reach 28900, while breaching 29350 represents
positive key that will motivate the price to return to the main
bullish trend again. Crude oil price rallied upwards strongly after
confirming breaching the bullish resistance at 3760, the way to
head towards our positive targets that start at 3815.that holding
above 3765 represents key condition to achieve the suggested
targets. Copper price continued to face the positive rally provide
by stochastic by settling around 442.50 level, which supports the
price consolidation within the bullish channel, trading range for
today is between 439 and 448.50.
Fundamental News
Oil prices settled up slightly on Friday, but came off session highs
as financial markets reeled from an ABC News report that added
to concerns about President Donald Trump's exposure to a probe
into Russian meddling in last year's campaign.
Gold prices pared some of their gains as growing optimism on tax
reform offset earlier reports that Michael Flynn was “prepared to
testify” against President Donald Trump as part of an investigation
into Russia’s involved in the presidential election.
Time Currenc
y
Event Foreca
st
Previous
7:00pm CAD
Employment
Change
35.3K
7:00pm CAD GDP m/m -0.1%
7:00pm CAD Unemployment Rate 6.3%
8:30pm USD
ISM Manufacturing
PMI
58.4 58.7
8:45pm USD
FOMC Member
Harker Speaks
OUR PREVIOUS CALLS UPDATE
Intraday super star
Date Commodity Entry Exit P/L
1/12 N G - - -
Multibagger
1/12 CRUDE OIL 3710 3760 5000
Trifid special
30/1
1
GOLD 29200 29000 20000
For our next calls click here……..
COMDEX

Gold and Silver
SILVER COMEX SILVER
GOLD
PIVOT
S
S1 S2 R1 R2
MCX 29110 29010 29616 29650
COME
X
1265 1263 1295 1300
COMEX GOLD
Gold showed sideways to bullish movement and found
the major resistance level of 29616. Now if price
sustains on higher level then it will test next resistance
level of 29650. On other side 29110 will be major
support level.
PIVOTS S1 S2 R1 R2
MCX 38100 37850 38805 39412
COMEX 16.09 15.58 16.60 16.91
Silver showed sideways to bullish movement and found
the major resistance level of 38805. Now if price
level of 39412. On other side 38100 will be major
support level.

Crude and Copper
CRUDE COMEX CRUDE
COPPER COMEX COPPER
PIVOTS S1 S2 R1 R2
MCX 3665 3631 3815 3850
COMEX 57.28 56.83 58.90 59.30
Crude oil showed sideways to bullish movement and
found the major resistance level of 3815. Now if price
level of 3850. On other side 3665 will be major support
level.
PIVOTS S1 S2 R1 R2
MCX 440 438.50 448 450.50
COMEX 3.0256 3.0130 3.1248 3.1660
Copper showed sideways to bullish movement and
found the major resistance level of 448. Now if price
level of 450.50. On other side 440 will be major support
level.

Other Commodities
Due to Summer Bank Holiday NO LME DATA TODAY
PIVOTS
COMMODITIE
S
S1 S2 R1 R2 VOLUME OI TREND
ALUMINIUM 131.70 131 135.50 136.50 6953 3372 Bulish
LEAD 156.80 155.70 166.20 167.50 17480 3426 Bulish
NICKEL 700 686 742 771 67704 20796 Bulish
ZINC 202 201 212.70 213.50 26008 6760 Bulish
NATURAL GAS 193.30 188.80 204.50 207.90 66786 7875 Bearish
LME INVENTORY
COMMODITIES 27/11/2017 28/11/2017 29/11/2017 30/11/2017 1/12/2017
ALUMINIUM -2275 -4975 -3975 -1725 -3125
COPPER -9400 -7525 -4950 -3200 -5000
LEAD -225 +225 -50 -200 -75
NICKEL -2154 -888 +1128 -312 -36
ZINC -1075 -1000 -2325 -2300 -1475

Agri Commodity Updates
JEERA
SOYABEAN
PIVOTS S1 S2 R1 R2
21200 20600 22000 22500
PIVOTS S1 S2 R1 R2
2975 2930 3040 3080
Jeera showed sideways movement today and found
the resistance level of 22000. If prices maintain
above 22000 levels in next trading session then this
momentum can take prices to 22500 levels. If it
breaks the support level of 21200 then 20600 will
act as next support level.
Soyabean showed bullish movement and found the
important resistance level of 3040. If prices sustain
below 2975 level in next trading session then this
bearish momentum can take prices to 2930 level. If
it breaks the resistance level of 3040 then 3080 will
act as next resistance level.
PIVOTS S1 S2 R1 R2
3850 3800 3925 3975
Guarseed showed bullish movement and found the
important resistance level of 3925. If prices sustains
below 3850 level in next trading session then this
momentum can take prices to 3800 level. If it breaks
the resistance level of 3925 then 3975 will act as
next resistance level.
GUARSEED

Intraday Super Star
(Premium Section)
CALL: BUY NICKEL ABOVE 737 TARGETS 749/761 SL 722.

Multibagger Call
(Premium Section)
CALL: BUY GOLD ABOVE 29350 TARGETS 29410/29470 SL 29270.

Trifid Special
(Premium Section)
CALL: BUY SILVER ABOVE 38650 TARGETS 38950/39250 SL 38200.

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.

Commodity premium report-4 dec

More Related Content

What's hot

Similar to Commodity premium report-4 dec

More from Rahul Solanki

Recently uploaded

Commodity premium report-4 dec