Today's Base Metals Profitable Call and Online MCX Tips

www.trifidresearch.com | Email id: info@trifidresearch.com | Toll Free: 1800-270-1410
Daily Market Reflection
21st
June 2017
 -
Market Outlook
Important Data
Market Updates
MCX Date Date % Chg
19-06-17 20-06-17
GOLD 28542 28526 -0.06%
SILVER 38169 38065 -0.27%
COPPER 368.90 365.20 -1.00%
CRUDE 2861 2813 -2.87%
ALUMINIUM 121.40 121.45 +0.04%
LEAD 137 136.55 -0.33%
NICKEL 580.10 572.20 -.36%
ZINC 165 164.90 -0.06%
NATURALGAS 187.80 188.10 +0.16%
COMEX Date
19-06-17
Date
20-06-17
% Chg
GOLD 1246.70 1244.10 -0.22%
SILVER 16.502 16.424 -0.48%
CRUDE 44.43 43.36 -2.45%
COPPER 2.590 2.559 -1.18%
$ INDEX 97.23 97.48 +0.26%
USDINR 64.4900 64.5700 +0.12%
Gold prices stayed near the lowest level in around five weeks on
Tuesday, as hawkish remarks made by an influential Federal Reserve
official reinforced expectations for the Fed to keep raising interest
rates. Oil prices sank to the lowest level since November on Tuesday,
as concerns over a glut in the market continued to batter sentiment.
Oil prices lost around 1% on Monday as concerns over a steady
increase in U.S. production added to fears over a glut in the market.
The slide in aluminium prices appears to have halted with prices
rebounding off a support line that was breached on Friday and
copper prices are consolidating too.
Fundamental News
The move lower in gold prices on Monday comes fresh on the heels of
a two-week losing streak, as the precious metal has remained under
pressure since the Federal Reserve hiked rates last Wednesday, leaving
the door open for an additional rate this year.
U.S. drillers last week added rigs for the 22nd week in a row,
according to data from energy services company Baker Hughes,
implying that further gains in domestic production are ahead.
Time Currency Event Forecast Previous
2:00pm GBP
Public Sector Net
Borrowing 7.3B 9.6B
Tentative EUR
German 30-y Bond
Auction
1.24|2.3
4:30pm
GBP
MPC Member
Haldane Speaks
6:30pm CHF
SNB Quarterly
Bulletin
7:30pm USD
Existing Home Sales
5.54M 5.57M
8:00pm USD Crude Oil Inventories -1.2M -1.7M
OUR PREVIOUS CALLS UPDATE
Intraday super star
Date Commodity Entry Exit P/L
20/06 LEAD - - -
Multibagger
20/06 NG. - - -
Trifid special
20/06 GOLD - - -
For our next calls click here……..
COMDEX

Gold and Silver
SILVER COMEX SILVER
GOLD
PIVOTS S1 S2 R1 R2
MCX 28400 28150 28700 29000
COMEX 1240 1235 1255 1260
COMEX GOLD
Gold showed bearish movement and found the important
support level of 28487. Now if it will close below the
important support level of 28400 then 28150 will act as next
support level. On the other hand 29000 will act as a major
resistance level.
PIVOTS S1 S2 R1 R2
MCX 37900 37500 38500 39000
COMEX 16.35 16.20 16.60 16.70
Silver showed bearish movement and found the important
resistance level.

Crude and Copper
CRUDE COMEX CRUDE
COPPER COMEX COPPER
PIVOTS S1 S2 R1 R2
MCX 2785 2750 2850 2900
COMEX 42.00 40.00 45.00 47.50
Crude showed bearish movement and found the important
resistance level.
PIVOTS S1 S2 R1 R2
MCX 362 358 372 378
COMEX 2.5300 2.5000 2.5670 2.5900
Copper showed bearish movement and found the
important support level of 363.70. Now if it will close
below the important support level of 362 then 358 will act
as next support level. On the other hand 378 will act as a
major resistance level.

Other Commodities
Due to Summer Bank Holiday NO LME DATA TODAY
COMMODITIES S1 S2 R1 R2 VOLUME OI TREND
ALUMINIUM 120 118 123 125 5589 1980 Bullish
LEAD 135 133 138 140 12794 2062 Bearish
NICKEL 565 550 585 600 27889 41119 Bearish
ZINC 162 160 166 168 21729 4835 Bearish
NATURAL GAS 186 184 190 195 36849 6136 Bearish
PIVOT
S
COMMODITIES 14/06/2017 15/06/2017 16/06/2017 19/06/2017 20/06/2017
ALUMINIUM -6525 -1900 -3300 -7100 -6400
COPPER -3225 -4215 -50 -3275 -3100
LEAD -200 -75 -725 -925 -600
NICKEL +630 +534 -35 +522 +522
ZINC -2475 -1800 -2125 -2125 -5350
LME INVENTORY
dasdasdinkjjlfcnladi
Inventory

Agri Commodity Updates
JEERA
SOYABEAN
PIVOTS S1 S2 R1 R2
18600 18400 19000 19300
PIVOTS S1 S2 R1 R2
2800 2740 2850 2900
Jeera showed bearish movement today and found the
support level of 18700. If prices sustain below 18600
levels in next trading session then this momentum can
take prices to 18400 levels. If it breaks the resistance
level of 19000 then 19300 will act as next resistance
level.
Soyabean showed sideways movement and found the
important support level of 2810. If prices sustain below
2800 level in next trading session then this bearish
momentum can take prices to 2760 level. If it breaks
the resistance level of 2850 then 2890 will act as next
resistance level.
PIVOTS S1 S2 R1 R2
3350 3300 3450 3500
Guarseed showed bearish movement and found the
important support level of 3360. If prices sustains below
3350 level in next trading session then this momentum
can take prices to 3300 level. If it breaks the resistance
level of 3450 then 3500 will act as next resistance level.
GUARSEED

Intraday Super Star
(Premium Section)
CALL: BUY LEAD ABOVE 137.50 TARGETS 138.50/139.50 SL 136.

Multibagger Call
(Premium Section)
CALL: SELL NATURAL GAS BELOW 186 TARGETS 183/180 SL 190.

Trifid Special
(Premium Section)
CALL: SELL GOLD BELOW 28500 TARGETS 28400/28300 SL 28650.

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.
DISCLAIMER

Today's Base Metals Profitable Call and Online MCX Tips

More Related Content

What's hot

Similar to Today's Base Metals Profitable Call and Online MCX Tips

More from Rahul Solanki

Recently uploaded

Today's Base Metals Profitable Call and Online MCX Tips