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- COMMODITY MARKET TREND - 01 JANUARY 2014
Posted by : Simran Shah
Tuesday, 31 December 2013
BASE METAL WRAP: Copper
prices fell in London, capping a 7.2 percent annual decline, as
inventories in 2013 climbed for the first time in four years.
Share
Market tips
ENERGY WRAP: Natural gas fell by the most in eight months, trimming the biggest annual increase since 2005, as forecasts for moderating cold signaled reduced demand for heating fuels after frigid weather this week.
Share Market tips
PRECIOUS METAL WRAP: Hedge funds got less bullish on gold for the seventh time in eight weeks as the U.S. economy strengthens and inflation fails to accelerate, driving prices to the biggest annual drop in more than three decades.
ENERGY WRAP: Natural gas fell by the most in eight months, trimming the biggest annual increase since 2005, as forecasts for moderating cold signaled reduced demand for heating fuels after frigid weather this week.
Share Market tips
PRECIOUS METAL WRAP: Hedge funds got less bullish on gold for the seventh time in eight weeks as the U.S. economy strengthens and inflation fails to accelerate, driving prices to the biggest annual drop in more than three decades.
Agri Commodity Market Update
CS CHANA ( JAN) OVERVIEW:TREND CONSOLIDATE SUP1:2985 SUP2:2950 RESIST1:3172 RESIST2:3194 TRADING STRATEGY: BUY ON DIPS Free Trials CS JEERA (MARCH) OVERVIEW: TREND CONSOLIDATE SUP1:12460 SUP2:12370 RESIST1:12690 RESIST2:12950 TRADING STRATEGY: SELL ON RISE Free Trials CS TURMERIC (APRIL) OVERVIEW: TREND BULLISH SUP1:6490 SUP2:6210 RESIST1:6700 RESIST2:6810 TRADING STRATEGY: BUY ON DIPS Free Trials CS SOYABEAN (JAN) OVERVIEW: TREND CONSOLIDATE SUP1:3810 SUP2:3760 RESIST1:3920 RESIST2:3950 TRADING STRATEGY: SELL ON RISEFree Trials |
Bullion Commodity Market Update.
CS COPPER (FEB.) OVERVIEW:TREND CONSOLIDATE SUP1:464 SUP2:462 RESIST1:474 RESIST2:482 TRADING STRATEGY: BUY ON DIPS Free Trials CS CRUDE (JAN.) OVERVIEW: TREND CONSOLIDATE SUP1:6050 SUP2:5970 RESIST1:6280 RESIST2:6350 TRADING STRATEGY: SELL ON RISE Free Trials CS GOLD (FEB.) OVERVIEW: TREND CONSOLIDATE SUP1:27900 SUP2:27340 RESIST1:28700 RESIST2:28990 TRADING STRATEGY: SELL ON RISE Free Trials CS SILVER (MARCH) OVERVIEW: TREND CONSOLIDATE SUP1:42400 SUP2:40760 RESIST1:45230 RESIST2:45900 TRADING STRATEGY: SELL ON RISEFree Trials |