MCX Tips, Bullion Metal and Energy Tips, MCX gold tips,

1. Monday, March 12, 2018
HIGH BROW MARKET RESEARCH INVESTMENT ADVISOR PVT. LTD.

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MCX Market Wrap-up
Commodity Contract
Previous
Close
Open High Low Close
Change in
Price (in %)
Change in OI
(in %)
Change in
Volume (in %)
Aluminium 30-Mar-18 140.35 139.80 140.25 135.80 137.4 -2.10% 16.95% 196.42%
Copper 30-Apr-18 452.80 453.15 457.25 442.45 452.3 -0.11% 5.45% 246.73%
Crude Oil 19-Mar-18 3995 4006 4110 3920 4017 0.55% 12.16% 31.47%
Gold 5-Apr-18 30448 30460 30687 30280 30401 -0.15% -2.96% 99.69%
Lead 30-Mar-18 160.40 160.10 160.60 152.15 155.4 -3.12% 6.27% 168.18%
Natural Gas 26-Mar-18 177.40 176.60 182.40 174.90 178.1 0.39% -11.64% 51.52%
Nickel 30-Mar-18 879.90 873.40 901.40 853.50 896.7 1.91% 43.73% 325.91%
Silver 4-May-18 38848 38918 39499 38550 38947 0.25% -6.87% 97.81%
Zinc 30-Mar-18 220.15 219.75 220.15 207.75 214.35 -2.63% -13.75% 201.00%
NCDEX Market Wrap-up
Commodity Contract
Previous
Close
Open High Low Close
Change in
Price (in %)
Change in
OI (in %)
Change in
Volume (in %)
Castor Seed 20-Mar-18 4098.00 4135.00 4199.00 4010.00 4169 1.73% -2.77% 16.92%
Chana 20-Mar-18 3689.00 3739.00 3828.00 3661.00 3801 3.04% -5.75% -44.95%
Dhaniya 20-Apr-18 5499.00 5554.00 5560.00 5403.00 5492 -0.13% 192.03% 393.49%
Cottonseed Oil
Cake
20-Mar-18 1542.00 1558.00 1561.00 1408.50 1453.5 -5.74% 2.48% 94.18%
Guargum5 20-Mar-18 9208.00 9315.00 9315.00 8774.00 8917 -3.16% 131.58% -42.98%
Guarseed10 20-Mar-18 4313.00 4355.50 4359.00 4201.00 4257 -1.30% -92.39% -85.79%
Jeera 20-Mar-18 14425.00 14475.00 14775.00 14140.00 14590 1.14% 1.85% 160.81%
Kapas 30-Apr-18 936.50 941.00 966.00 938.00 961.5 2.67% 3.69% 49.79%
RMseed 20-Apr-18 4108.00 4181.00 4262.00 4142.00 4239 3.19% 36.06% 76.23%
Ref Soya Oil 20-Mar-18 755.35 777.50 796.35 770.00 783.8 3.77% 24.19% 12.71%
Soyabean 20-Mar-18 3781.00 3809.00 3894.00 3759.00 3785 0.11% 5.42% -49.46%
Turmeric 20-Apr-18 6530.00 6550.00 6950.00 6444.00 6840 4.75% -0.69% 105.82%
Mentha Oil 28-Mar-18 1295.40 1280.00 1280.00 1206.30 1214.9 -6.21% -5.43% 33.94%
Currency Market Wrap-up
Currency Pair Contract Previous Close Open High Low Close
Change in Price
(in %)
USDINR 18-Mar-18 63.3750 65.3500 65.3500 65.0150 65.2950 3.03%
GBPINR 18-Mar-18 89.9150 90.0025 90.6650 89.8750 90.2550 0.38%
JPYINR 18-Mar-18 61.2650 61.8400 61.9900 61.1200 61.1950 -0.11%
EURINR 18-Mar-18 79.7675 80.0000 81.0500 80.0000 80.3525 0.73%
Continued……

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International Market Wrap-up
Commodity Exchange
Previous
Close
Open High Low Close
Change in Price
(in %)
Aluminium LME 2151 2154 2157.75 2093.25 2120.5 -1.42%
Copper COMEX 3.101 3.115 3.155 3.041 3.116 0.48%
Crude Oil NYMEX 61.25 61.55 63.28 59.95 62.04 1.29%
Gold COMEX 1323.7 1324.9 1342 1313.2 1324 0.02%
Lead LME 2454.25 2457 2463.5 2329 2386.5 -2.76%
Natural Gas NYMEX 2.712 2.717 2.793 2.673 2.732 0.74%
Nickel LME 13492.5 13485 13897.5 13120 13820 2.43%
Silver COMEX 16.52 16.46 16.81 16.3 16.54 0.12%
Zinc LME 3366.75 3383.5 3385.5 3186 3294.25 -2.15%

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LME Inventory Update
Commodity Closing (As on 9
th
Mar 18) in Tonnes Closing (As on 2
nd
Mar 18) in Tonnes % Change
Copper 314875 328000 -4.00%
Nickel 330888 335508 -1.38%
Lead 133650 125225 6.73%
Zinc 205225 133475 53.76%
Aluminium 1315500 1322150 -0.50%
Continued…….

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Upcoming Economic Events Calendar
Time Currency Event Forecast Previous
Monday, March 12, 2018
23:30 USD Federal Budget Balance (Feb) -222.3B 49.0B
Tuesday, March 13, 2018
18:00 USD Core CPI (YoY) (Feb) 1.80% 1.80%
18:00 USD Core CPI (MoM) (Feb) 0.20% 0.30%
18:00 USD CPI (MoM) (Feb) 0.20% 0.50%
Wednesday, March 14, 2018
7:30 CNY Industrial Production (YoY) (Feb) 6.30% 6.20%
16:50 USD OPEC Monthly Report
18:00 USD Core PPI (MoM) (Feb) 0.20% 0.40%
18:00 USD Core Retail Sales (MoM) (Feb) 0.30% 0.00%
18:00 USD PPI (MoM) (Feb) 0.10% 0.40%
18:00 USD Retail Sales (MoM) (Feb) 0.30% -0.30%
20:00 USD Crude Oil Inventories 2.718M 2.408M
Thursday, March 15, 2018
14:30 USD IEA Monthly Report
18:00 USD Export Price Index (MoM) (Feb) 0.30% 0.80%
18:00 USD Import Price Index (MoM) (Feb) 0.30% 1.00%
18:00 USD Initial Jobless Claims 230K 231K
18:00 USD Philly Fed Employment (Mar) 25.2
Friday, March 16, 2018
18:00 USD Building Permits (MoM) (Feb) 5.90%
18:00 USD Building Permits (Feb) 1.330M 1.377M
18:00 USD Housing Starts (MoM) (Feb) 6.00% 9.70%
18:00 USD Housing Starts (Feb) 1.300M 1.326M
18:45 USD Industrial Production (MoM) (Feb) 0.30% -0.10%
19:30 USD JOLTs Job Openings (Jan) 5.850M 5.811M
19:30 USD Michigan Consumer Expectations (Mar) 89.8 90
19:30 USD Michigan Consumer Sentiment (Mar) 99.6 99.7
Currency Weekly Pivots
Currency Pair Contract R3 R2 R1 PP S1 S2 S3
USDINR 18-Mar-18 65.8500 65.5500 65.4000 65.2000 65.0500 64.8500 64.5500
GBPINR 18-Mar-18 91.8500 91.0500 90.6500 90.2500 89.8500 89.4500 88.6500
JPYINR 18-Mar-18 63.2000 62.3000 61.8000 61.4500 60.9000 60.6000 59.7000
EURINR 18-Mar-18 82.5500 81.5000 80.9000 80.4500 79.8500 79.4000 78.3500

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MCX Weekly Pivots
Commodity Contract R3 R2 R1 PP S1 S2 S3
Aluminium 30-Mar-18 146.70 142.25 139.80 137.80 135.35 133.35 128.90
Copper 30-Apr-18 480.25 465.45 458.85 450.65 444.05 435.85 421.05
Crude Oil 19-Mar-18 4396 4206 4111 4016 3921 3826 3636
Gold 5-Apr-18 31270 30863 30632 30456 30225 30049 29642
Lead 30-Mar-18 172.95 164.5 159.95 156.05 151.5 147.60 139.15
Natural Gas 26-Mar-18 193.45 185.95 182 178.45 174.5 170.95 163.45
Nickel 30-Mar-18 980 932 914 884 866 836 788
Silver 5-Mar-18 40897 39948 39447 38999 38498 38050 37101
Zinc 30-Mar-18 238.9 226.5 220.45 214.1 208.05 201.70 189.30
NCDEX Weekly Pivots
Commodity Contract R3 R2 R1 PP S1 S2 S3
Castor Seed 20-Mar-18 4504 4315 4242 4126 4053 3937 3748
Chana 20-Mar-18 4097 3930 3866 3763 3699 3596 3429
Dhaniya 20-Apr-18 5799 5642 5567 5485 5410 5328 5171
Cottonseed Oil Cake 20-Mar-18 1779 1627 1540 1474 1388 1322 1169
Guargum5 20-Mar-18 10084 9543 9230 9002 8689 8461 7920
Guarseed10 20-Feb-18 4588 4430 4344 4272 4186 4114 3956
Jeera 20-Mar-18 15772 15137 14863 14502 14228 13867 13232
Kapas 30-Apr-18 1011 983 972 955 944 927 899
RMseed 20-Apr-18 4454 4334 4287 4214 4167 4094 3974
Ref Soya Oil 20-Feb-18 836 810 797 783 770 757 731
Soyabean 20-Mar-18 4083 3948 3866 3813 3731 3678 3543
Turmeric 20-Apr-18 7757 7251 7045 6745 6539 6239 5733
Mentha Oil 28-Feb-18 1381 1307 1261 1234 1188 1160 1086

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BULLION
Gold prices gained on Friday recouping from the lowest levels of the year as the
prospect of a global trade war pressured the dollar lower and boosted safe haven
demand for the precious metal the US dollar index which measures the greenbacks
strength against a basket of six major currencies was down 0.31% to close at 89.99 on
Friday. A weaker dollar makes dollar denominated gold more attractive for overseas
buyers. Expectations for higher interest rates are typically bearish for gold as the
precious metal struggles to compete with yield bearing assets such as Treasuries
when borrowing costs rise.
BASE METALS
Base metals traded on the London Metal Exchange are for the most part weaker this
morning Friday March 9. The exception is nickel, where prices are up by 0.2%, while
the rest are lower Zinc (-1%),aluminium (-0.5%), lead (-0.3%) and copper prices are off
by 0.5% at $6,792 per tonne.
ENERGY
Oil prices finished higher on Friday but still suffered their first losing week in three as
investors weighed indications of rising US production against OPEC's ongoing efforts
to rid the market of excess supplies. That came after data on Wednesday showed US
oil production driven by shale extraction rose to an all-time high of 10.28 million
barrels per day (bpd)staying above Saudi Arabia's output levels and within reach of
Russia the world's biggest crude producer.
Natural gas futures ratcheted higher last week as weather model guidance came in
more supportive while government storage data came in near expectations. For the
last week prices at MCX surged by 1.84 per cent.

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SPICES
Markets found immediate support for Jeer after the recent dips. Better sowing
reports amidst lack of strong demand however could still prevent strong
recovery as of now. No strong bullish sentiments have emerged for now.
As the new crop arrivals gradually come down with harvesting season getting
over the demand for the new crop started pouring in and supporting the falling
market sentiments. Technically the daily charts are now strongly oversold.
Traders expect export and domestic demand to rise in coming weeks but new
crop arrivals have kept up trend limited in recent months.
OIL & OILSEEDS
Soya oil failed to hold firm amid lack of any fresh bullish cue from Thursday
USDA report. As indicated from the report the big piles of U.S. Soy bean stocks
are not getting reduced with such speed hence CBOT soy complex were also
under selling pressure.
Soft trend in soy meal and overnight weakness in CBOT kept sentiments eased
but no major fall in prices was being indicated from the published data. In
future bullish tone in soy meal shall continue offering helping prices to bounce
from support levels.
GUAR COMPLEX
Prices hovered near the psychological 9000 mark as lack of strong export
demand with falling crude oil prices amidst reports of higher stocks kept
pressure on the prices. Reports of higher carry forward stock kept uptrend
limited even as rising crude oil prices are likely to provide fillip to the export
demand in coming weeks.
OTHERS
Moderately firm trend was noted for Cotton/Kapas on bullish reports from the
USDA. Moderate firm trend was noted Prospects of a fall in Indian production
due to crop damage amidst firmness in International markets supported prices.
RM seed traded firm initially amid lower arrival but weakening trend in palm oil
and soy bean during later hours prompted some profit taking by longs. The
harvest operations continue while there are estimations of ample inventory
with the stockists hence futures are constantly facing resistance in moving up in
near term.

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NATURALGAS
From last couple of trading week market is moving with positive sentiment as market has found enough support at the
level of 167 and bounce back from lower level. Market is continuously forming higher highs and higher lows indicating
positive movement in coming session. Investor can adopt the buy on lower level strategy for short term to midterm
basis. Immediate resistance level placed at 180 while support level at 177.
WEEKLY STRATEGY
Particular Details
ACTION BUY
ENTRY PRICE ABOVE 180
TARGET 190
STOP LOSS 177
ZINC
Last week, Zinc prices opened lower and prices corrected sharply for most of the week till low of 207.75. Previously
prices have rallied strongly in the last month after taking strong support at its short term rising trend line. Daily RSI (14)
has given a positive signal. Prices are expected to go higher from these levels towards next strong resistance zone
placed around 218.
WEEKLY STRATEGY
Particular Details
ACTION BUY
ENTRY PRICE ABOVE 213.60
TARGET 216.60
STOP LOSS 212.40

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Calthe Week (NCDE
CHANA
The primary trend of Chana is negative and market is continuously trading below the important psychological number at
4000.Currently Chana is in strong down trend supported by the Open Interest. Cautious point is selling at lower levels
seems increasing.The oscillator is showing sell signal. For short term investor can sell Chana and can hold for short term
basis. Support for the Chana is 3650 while resistance place at.3770.
WEEKLY STRATEGY
Particular Details
ACTION SELL
ENTRY PRICE BELOW 3650
TARGET 3520
STOP LOSS 3710
GUARSEED10
Overall trend of the Guarseed10 is bearish for medium to long term basis and from last couples of trading weeks market
is moving in range, making lower highs and lower lowa indicating negative trend in coming session. The oscillator is
showing sell signal .In last 1 month vitality is very less. The oscillator is showing sell signal for short term Guarseed10 is
in hold short position. Support for the Guarseed10 is 4199 while Resistance placed at the level of4350.
WEEKLY STRATEGY
Particular Details
ACTION SELL
ENTRY PRICE BELOW 4199
TARGET 4069
STOP LOSS 4259

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Calls of e Week (FOREX)
JPYINR
Last week JPYINR Mar Futures started the week on positive not and made a high of 61.9900, however till the end of the
week all of its earlier gains were erased and it closed at 61.1950 with the overall loss 0.11% on weekly basis. Technically
for this week, we can expect downside movement in it as it was unable to break major psychological level of 62 last
week. For this week, if it breaks the level of 61.0600 then it can test the level of 60.4625 during the week. One can make
sell position in it by maintaining a SL 61.4625
WEEKLY STRATEGY
Particular Details
ACTION SELL
ENTRY PRICE BELOW 61.0600
TARGET 60.4625
STOP LOSS 61.4625
EURINR
Last week EURINR Mar Futures started the week on positive not and made a high of 81.0500, however till the end of the
week most of its earlier gains were erased and it closed at 80.3525 with the overall gain 0.73% on weekly basis.
Technically for this week, we can expect downside movement in it as it’s forming divergence on daily chart coupled with
the negative RSI. For this week, if it breaks the level of 80.1950 then it can test the level of 79.5925 during the week.
One can make sell position in it by maintaining a SL 80.6025.
WEEKLY STRATEGY
Particular Details
ACTION SELL
ENTRY PRICE BELOW 80.1950
TARGET 79.5925
STOP LOSS 80.6025

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ननमभों औय शतों को ऩढ़ने औय सभझने की बी सराह दी जाती है | कं ऩनी के ननगभन के फाद ननमाभक ननकाम द्वायाकं ऩनी के खखराप कोई भुकदभा (माधचका) दामय नहीं ककमा
गमा है।

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रयऩोटा ववश्रेषकों द्वाया तैमाय की गमी है जो द्वाया हाई ब्रो भाके ट अनुसंधान ननवेश सराहकाय प्राइवेट लरलभटेड द्वाया ननमुवत हैं | इस रयऩोटा भें व्मवत सबी
ववचाय कं ऩनी के फाये भें व्मक्वतगत ववचायों को दशााता है औय कं ऩननमों औय उनकी प्रनतबूनतमां औय ऺनतऩूनता (भुआवजे) का कोई टहस्सा, मा इस शोध रयऩोटा भें
ननटहत ववशेष सुझावों मा ववचायों से प्रत्मऺ मा अप्रत्मऺ रूऩ से संफंधधत नहीं होगा।
DISCLOSURE IN TERMS OF CONFLICT OF INTEREST:
टहतों के संघषा के भाभरे भें प्रकटीकयण:
(a) High Brow Market Research Pvt. Ltd. or his associate or his relative has no financial interest in the subject company and the nature of such financial
interest;
(अ) हाई ब्रो भार्के ट अनुसंधान ननवेश सराहर्काय प्राइवेट लरलभटेड मा उसर्के सहमोगी मा उनर्के कर्कसी बी तत्र्कार रयश्तेदाय र्की ववषम र्कं ऩनी भें र्कोई ववत्तीम रुचि
नह ं है औय न ह इस तयह र्की ववत्तीम हहत र्की प्रर्कृ नत है|
(b) High Brow Market Research Pvt. Ltd. or its associates or relatives, have no actual/beneficial ownership of one percent or more in the securities of
the subject company,
(फ) हाई ब्रो भार्के ट अनुसंधान ननवेश सराहर्काय प्राइवेट लरलभटेड मा उसर्के सहमोगी मा उनर्के कर्कसी बी तत्र्कार रयश्तेदाय र्की ववषम र्कं ऩनी र्की प्रनतबूनतमों भें एर्क
प्रनतशत मा उससे अचधर्क र्के वास्तववर्क / पामदेभंद स्वालभत्व नह ं हैं |
(c) High Brow Market Research Pvt. Ltd. or its associate has no other material conflict of interest at the time of publication of the research report or at
the time of public appearance;
(स) हाई ब्रो भार्के ट अनुसंधान ननवेश सराहर्काय प्राइवेट लरलभटेड मा उसर्के सहमोचगमों र्को अनुसंधान रयऩोटट र्के प्रर्काशन र्के सभम मा सावटजननर्क रूऩ से उऩस्स्थत
होने र्के सभम र्कोई अन्म बौनतर्क संघषट नह ं है|
DISCLOSURE IN TERMS OF COMPENSATION:
ऺनतऩूनताके संदबा भें प्रकटीकयण:
High Brow Market Research Investment Advisor Pvt. Ltd. policy prohibits its analysts, professionals reporting to analysts from owning securities of any
company in the analyst's area of coverage.
Analyst compensation: Analysts are salary based permanent employees of High Brow Market Research Pvt. Ltd.
हाई ब्रो भाके ट अनुसंधान ननवेश सराहकाय प्राइवेट लरलभटेड की ऩॉलरसी अऩने ववश्रेषकों, ऩेशेवयों को ववश्रेषक के ऺेत्र भें ककसी बी कं ऩनी की प्रनतबूनतमों के
स्वाभी से ववश्रेषकों को रयऩोटा कयने से योकती है।
ववश्रेषक ऺनतऩूनता : ववश्रेषक हाई ब्रो भाके ट अनुसंधान ननवेश सराहकाय प्राइवेट लरलभटेड के वेतन आधारयत स्थामी कभाचायी है |
DISCLOSURE IN TERMS OF PUBLIC APPEARANCE:
सावाजननकप्रकटन के भाभरे भें प्रकटीकयण:
(a) High Brow Market Research Pvt. Ltd. or its associates have not received any compensation from the subject company in the past twelve months;
(अ) हाई ब्रो भाके ट अनुसंधान ननवेश सराहकाय प्राइवेट लरलभटेड मा उसके सहमोगीमों ने वऩिरे 12 भहीनों भें ववषम कं ऩनी से कोई भुआवजा प्राप्त नहीं ककमा है |
(b) The subject company is not now or never a client during twelve months preceding the date of distribution of the research report.
(ब) अनुसंधान रयऩोटट र्के ववतयण र्की नतचथ से ऩूवट फायह भह नों र्के दौयान ववषम र्कं ऩनी अफ मा र्कबी बी ग्राहर्क नह ं यह है।
(c) High Brow Market Research Pvt. Ltd. or its associates has never served as an officer, director or employee of the subject company;
(स) हाई ब्रो भार्के ट अनुसंधान ननवेश सराहर्काय प्राइवेट लरलभटेड मा उसर्के सहमोगीमों ने ववषम र्कं ऩनी र्के अचधर्काय , ननदेशर्क मा र्कभटिाय र्के रूऩ भें र्कबी बी र्काभ
नह ं कर्कमा है
(d) High Brow Market Research Pvt. Ltd. has never been engaged in market making activity for the subject company.
(द) हाई ब्रो भार्के ट अनुसंधान ननवेश सराहर्काय प्राइवेट लरलभटेड ववषम र्कं ऩनी र्के लरए र्कबी बी ववऩणन (भार्के ट भेकर्कं ग) गनतववचध भें शालभर नह ं यहा है ।