CapitalStars Financial Research Pvt., Ltd., 1
SEBI Registration Number: INA000001647
MCX Daily Report 14TH
MAR 2019
News Highlights
BULLION - Bullion counter may trade with mixed bias Gold held close to two-week highs on Thursday as
the U.S. dollar eased after British lawmakers rejected a no-deal Brexit in any scenario and as tepid U.S.
inflation data reduced the chance of future U.S. interest rate hikes. The British parliament on Wednesday
rejected leaving the European Union without a deal, further weakening Prime Minister Theresa May and
paving the way for a vote that could delay Brexit until at least the end of June. Gold can take support near
32050 and can recover towards 32250. Silver can take support near 38500 and can recover towards
38900. U.S. producer prices barely rose in February, resulting in the smallest annual increase in more than
1-1/2 years, in the latest sign of benign inflation that supports the Federal Reserve's wait-and-see
approach to further interest rate hikes this year. U.S. President Donald Trump said on Wednesday he was
in no rush to complete a trade pact with China and insisted that any deal include protection for
intellectual property, a major sticking point between the two sides during months of negotiations.
ENERGY- Crude oil may open on positive bias as it may test 4100 in MCX. Brent crude oil prices on
Thursday hit their highest so far this year, pushed up by ongoing supply cuts led by OPEC and by U.S.
sanctions against Venezuela and Iran. An unexpected dip in U.S. crude oil inventories and production also
lifted prices, The Organization of the Petroleum Exporting Countries (OPEC) and some nonaligned
producers including Russia have been withholding oil supply since the start of the year to tighten global
markets and prop up crude prices. In Venezuela, oil production and exports have been disrupted by a
political and economic crisis that has caused massive blackouts and supply shortages, while Washington
has barred U.S. companies from doing business with the Venezuelan government, including state-owned
oil firm PDVSA. Natural gas may remain sideways as it can take support near 195 while taking facing
resistance near 200 in MCX. U.S. natural gas futures settled higher on Wednesday on expectations that a
federal report on Thursday will show a much higher-than-normal weekly withdrawal, deepening the
storage deficit.
BASE METAL - Base metals prices may trade with sideways bias. Growth in China's industrial output fell
to a 17-year low in the first two months of the year, pointing to further weakness in the world's second-
biggest economy. But investment picked up speed as the government fast-tracked more road and rail
projects, offering some relief for policymakers as they work to avert a sharper slowdown, data showed on
Thursday. Copper may take support near 446 and can face resistance near 458 in MCX. Zinc can take
support near 196 while facing resistance near 201. Zinc edged down from near eight-month highs on
Thursday after comments from U.S. President Donald Trump chilled optimism over an imminent China
trade deal, while tight supply of metal underpinned prices. LME zinc stocks have fallen to 58,950 tonnes,
the lowest since October 2007, and down from around 250,000 tonnes as recently as August. In recent
years, traders have been holding metal outside LME warehouses where storage is cheaper.
CapitalStars Financial Research Pvt., Ltd., 2
SEBI Registration Number: INA000001647
MCX Daily Report 14TH
MAR 2019
Precious Metals
SUP 1:32000
SUP 2:31900
WWW.CAPITALSTARS.COM +919977499927 WWW.CAPITALSTARS.COM +919977499927
Base Metals
CS COPPER (APR) OVERVIEW:
TREND : BEARISH
RESIST 2:460.00 RESIST 2: 930.00
RESIST 1:456.00 RESIST 1: 923.00
SUP 1: 450.00 SUP 1: 902.00
SUP 2: 448.00 SUP 2: 888.00
CS ZINC (MAR) OVERVIEW: CS LEAD (MAR) OVERVIEW:
TREND : BULLISH
RESIST 2:202.00 RESIST 2: 150.00
RESIST 1:201.00 RESIST 1: 149.00
SUP 1: 198.00 SUP 1: 145.00
SUP 2: 197.00 SUP 2: 143.00
CS ALUMINIUM (MAR) OVERVIEW:
TREND : SIDEWAYS
RESIST 2: 150.00
RESIST 1: 148.00
SUP 1: 145.00
SUP 2: 143.00
WWW.CAPITALSTARS.COM +919977499927
Energy
TREND : SIDEWAYS TREND : SIDEWAYS
CapitalStars Financial Research Pvt., Ltd., 3
SEBI Registration Number: INA000001647
MCX Daily Report 14TH
MAR 2019
Pick for the DAY
MCX ALUMINIUM MAR on WEDNESDAY as seen in the Daily chart opened at 145.15 levels
and made day low of 144.90 Levels. During this period ALUMINIUM MAR High is 148.50
levels and finally closed at 147.10 levels. Now, there are chances of up movement
technically & fundamentally.
DAILY RECOMMENDATION: BUY MCX ALUMINIUM MAR ABOVE 147 LEVELS FOR
TARGET OF 148/149 WITH SL 145.50 OF LEVELS.
CAPITALSTARS	FINANCIAL	RESEARCH	PVT.	LTD.
CapitalStars Financial Research Private Limited is an advisory company incepted with a vision of
providing fair and accurate trading and investment calls in share and commodity market. we
specialize in thorough fundamental and technical research analysis in equity and commodity
market to provide best equity and commodity tips to traders and investors. we provide intraday as
well as delivery stock tips in NSE and BSE and commodity tips in MCX and NCDEX.
Get our more services:-
Intraday stock tips
Financial advisory company
Share market company
Stock Tips
* Investment & Trading in securities market is always subjected to market risks, past performance is not a guarantee
of future performance.
* CapitalStars Investment Adviser: SEBI Registration Number: INA000001647
4
CapitalStars Financial Research Pvt., Ltd.,
SEBI Registration Number: INA000001647
MCX Daily Report 14TH
MAR 2019
Disclaimer
The information and views in this report & all the service we provide are believed to be reliable, but we do not
accept any responsibility for errors of fact or opinion. Investors have the right to choose the product/s that suits
them the most. 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. This material is for personal
information and based upon it & takes no responsibility. The information given herein should be treated as only
factor, while making investment decision. The report does not provide individually tailor-made investment advice.
My research recommends that investors independently evaluate particular investments and strategies, and
encourages investors to seek the advice of a financial adviser.
Capital Stars shall not be responsible for any transaction conducted based on the information given in this report,
which is in violation of rules and regulations of regulators. The price projections shown are not necessarily
indicative of future price performance. The information herein, together with all estimates and forecasts, can
change without notice. 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. Investment & Trading in Securities Markets are always subjected to market risk.
Capitalstars Financial Research Private Ltd., Reserves all Rights.
CONTACT US
BRANCH OFFICE
Capitalstars Financial Research Private Limited
PLOT NO.32, MECHANIC NAGAR EXTENSION, IDA SCHEME NO.54, VIJAYNAGAR INDORE
REGISTERED OFFICE
PLOT NO.12, SCHEME NO.78 PART-II, VIJAY NAGAR, INDORE
Email :- backoffice@capitalstars.com
CONTACT US:- 9039012727/9977499927
Report Is Checked By Investment Advisor:

Daily Mcx Reports 14 March 2019

  • 1.
    CapitalStars Financial ResearchPvt., Ltd., 1 SEBI Registration Number: INA000001647 MCX Daily Report 14TH MAR 2019 News Highlights BULLION - Bullion counter may trade with mixed bias Gold held close to two-week highs on Thursday as the U.S. dollar eased after British lawmakers rejected a no-deal Brexit in any scenario and as tepid U.S. inflation data reduced the chance of future U.S. interest rate hikes. The British parliament on Wednesday rejected leaving the European Union without a deal, further weakening Prime Minister Theresa May and paving the way for a vote that could delay Brexit until at least the end of June. Gold can take support near 32050 and can recover towards 32250. Silver can take support near 38500 and can recover towards 38900. U.S. producer prices barely rose in February, resulting in the smallest annual increase in more than 1-1/2 years, in the latest sign of benign inflation that supports the Federal Reserve's wait-and-see approach to further interest rate hikes this year. U.S. President Donald Trump said on Wednesday he was in no rush to complete a trade pact with China and insisted that any deal include protection for intellectual property, a major sticking point between the two sides during months of negotiations. ENERGY- Crude oil may open on positive bias as it may test 4100 in MCX. Brent crude oil prices on Thursday hit their highest so far this year, pushed up by ongoing supply cuts led by OPEC and by U.S. sanctions against Venezuela and Iran. An unexpected dip in U.S. crude oil inventories and production also lifted prices, The Organization of the Petroleum Exporting Countries (OPEC) and some nonaligned producers including Russia have been withholding oil supply since the start of the year to tighten global markets and prop up crude prices. In Venezuela, oil production and exports have been disrupted by a political and economic crisis that has caused massive blackouts and supply shortages, while Washington has barred U.S. companies from doing business with the Venezuelan government, including state-owned oil firm PDVSA. Natural gas may remain sideways as it can take support near 195 while taking facing resistance near 200 in MCX. U.S. natural gas futures settled higher on Wednesday on expectations that a federal report on Thursday will show a much higher-than-normal weekly withdrawal, deepening the storage deficit. BASE METAL - Base metals prices may trade with sideways bias. Growth in China's industrial output fell to a 17-year low in the first two months of the year, pointing to further weakness in the world's second- biggest economy. But investment picked up speed as the government fast-tracked more road and rail projects, offering some relief for policymakers as they work to avert a sharper slowdown, data showed on Thursday. Copper may take support near 446 and can face resistance near 458 in MCX. Zinc can take support near 196 while facing resistance near 201. Zinc edged down from near eight-month highs on Thursday after comments from U.S. President Donald Trump chilled optimism over an imminent China trade deal, while tight supply of metal underpinned prices. LME zinc stocks have fallen to 58,950 tonnes, the lowest since October 2007, and down from around 250,000 tonnes as recently as August. In recent years, traders have been holding metal outside LME warehouses where storage is cheaper.
  • 2.
    CapitalStars Financial ResearchPvt., Ltd., 2 SEBI Registration Number: INA000001647 MCX Daily Report 14TH MAR 2019 Precious Metals SUP 1:32000 SUP 2:31900 WWW.CAPITALSTARS.COM +919977499927 WWW.CAPITALSTARS.COM +919977499927 Base Metals CS COPPER (APR) OVERVIEW: TREND : BEARISH RESIST 2:460.00 RESIST 2: 930.00 RESIST 1:456.00 RESIST 1: 923.00 SUP 1: 450.00 SUP 1: 902.00 SUP 2: 448.00 SUP 2: 888.00 CS ZINC (MAR) OVERVIEW: CS LEAD (MAR) OVERVIEW: TREND : BULLISH RESIST 2:202.00 RESIST 2: 150.00 RESIST 1:201.00 RESIST 1: 149.00 SUP 1: 198.00 SUP 1: 145.00 SUP 2: 197.00 SUP 2: 143.00 CS ALUMINIUM (MAR) OVERVIEW: TREND : SIDEWAYS RESIST 2: 150.00 RESIST 1: 148.00 SUP 1: 145.00 SUP 2: 143.00 WWW.CAPITALSTARS.COM +919977499927 Energy TREND : SIDEWAYS TREND : SIDEWAYS
  • 3.
    CapitalStars Financial ResearchPvt., Ltd., 3 SEBI Registration Number: INA000001647 MCX Daily Report 14TH MAR 2019 Pick for the DAY MCX ALUMINIUM MAR on WEDNESDAY as seen in the Daily chart opened at 145.15 levels and made day low of 144.90 Levels. During this period ALUMINIUM MAR High is 148.50 levels and finally closed at 147.10 levels. Now, there are chances of up movement technically & fundamentally. DAILY RECOMMENDATION: BUY MCX ALUMINIUM MAR ABOVE 147 LEVELS FOR TARGET OF 148/149 WITH SL 145.50 OF LEVELS.
  • 4.
    CAPITALSTARS FINANCIAL RESEARCH PVT. LTD. CapitalStars Financial ResearchPrivate Limited is an advisory company incepted with a vision of providing fair and accurate trading and investment calls in share and commodity market. we specialize in thorough fundamental and technical research analysis in equity and commodity market to provide best equity and commodity tips to traders and investors. we provide intraday as well as delivery stock tips in NSE and BSE and commodity tips in MCX and NCDEX. Get our more services:- Intraday stock tips Financial advisory company Share market company Stock Tips * Investment & Trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance. * CapitalStars Investment Adviser: SEBI Registration Number: INA000001647 4
  • 5.
    CapitalStars Financial ResearchPvt., Ltd., SEBI Registration Number: INA000001647 MCX Daily Report 14TH MAR 2019 Disclaimer The information and views in this report & all the service we provide are believed to be reliable, but we do not accept any responsibility for errors of fact or opinion. Investors have the right to choose the product/s that suits them the most. 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. This material is for personal information and based upon it & takes no responsibility. The information given herein should be treated as only factor, while making investment decision. The report does not provide individually tailor-made investment advice. My research recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Capital Stars shall not be responsible for any transaction conducted based on the information given in this report, which is in violation of rules and regulations of regulators. The price projections shown are not necessarily indicative of future price performance. The information herein, together with all estimates and forecasts, can change without notice. 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. Investment & Trading in Securities Markets are always subjected to market risk. Capitalstars Financial Research Private Ltd., Reserves all Rights. CONTACT US BRANCH OFFICE Capitalstars Financial Research Private Limited PLOT NO.32, MECHANIC NAGAR EXTENSION, IDA SCHEME NO.54, VIJAYNAGAR INDORE REGISTERED OFFICE PLOT NO.12, SCHEME NO.78 PART-II, VIJAY NAGAR, INDORE Email :- backoffice@capitalstars.com CONTACT US:- 9039012727/9977499927 Report Is Checked By Investment Advisor: