Friday, February 28, 2014
#LME Ware house Stocks : Copper +1875 Lead -200 Nickel -78 Zinc -4125 Aluminium -6100
2:41 PM
alphaadvisory
MCX Lead Mar likely to trade with sideways to bullish with strong support at 132
12:28 PM
alphaadvisory
MCX Gold trading marginal down on the back of a rise in weekly U.S. jobless claims and decline in monthly durable goods orders
12:27 PM
alphaadvisory
MCX Aluminium Mar gains with minor change, may trade within range of 107.5-109
12:27 PM
alphaadvisory
Wednesday, February 26, 2014
#LME Ware house Stocks : Copper -2750 Lead +1225 Nickel +2424 Zinc -4950 Aluminium -7775
2:51 PM
alphaadvisory
MCX Gold Apr down by 0.20% tracking weak physical demand, INR appreciation against USD weighted
2:48 PM
alphaadvisory
MCX Gold futures trading flat today as weak data releases from US and pulled lower due to profit booking
2:48 PM
alphaadvisory
MCX Nickel Feb is likely to recover till 897 level, good support is seen at 878
2:05 PM
alphaadvisory
MCX Nickel Feb is likely to recover till 897 level, good support is seen at 878
2:02 PM
alphaadvisory
Monday, February 24, 2014
NCDEX Castorseed March futures likely to touch 4500 in near term. support seen at 4220.
2:39 PM
alphaadvisory
LME Ware house Stocks : Copper -2875 Lead unchanged Nickel -558 Zinc -4850 Aluminium -7675
2:35 PM
alphaadvisory
Gold futures trade slightly positive as weaker dollar offsets higher equities
11:47 AM
alphaadvisory
Friday, February 21, 2014
Weak US data, stronger Dollar may exert downside pressure on Commodities
4:59 PM
alphaadvisory
Weak US data, stronger Dollar may exert downside pressure on Commodities
Spot gold prices are
trading lower by 0.1 percent today on the back of rise in risk aversion
in the markets coupled with strength in the DX. Also, correction seen in
SPDR holdings exerted downside pressure on prices.
February 21, 2014 16:55
MUMBAI:
European equities are trading on a mixed note today ahead of new home
sales data from the US in the evening session. Asian markets ended on a
mixed note and the US stock futures are trading higher.UK’s Retail Sales slumped by 1.5 percent in January as against a jump of 2.5 percent in December. Public Sector Net Borrowing fell by 6.4 billion Pounds in January as compared to a gain of 9 billion Pounds in the previous month.
Spot gold prices are trading lower by 0.1 percent today on the back of rise in risk aversion in the markets coupled with strength in the DX. Also, correction seen in SPDR holdings exerted downside pressure on prices. In the Indian markets, gold prices traded on a flat note today.
Taking cues from fall in gold prices, Spot silver prices fell by around 0.1 percent today. Also, mixed global market sentiments along with strength in the DX acted as negative factor for prices of the white metal. MCX Silver prices gained around 0.1 percent today despite Rupee appreciation.
Base metals pack on the LME except Copper traded on a positive note on the back of positive manufacturing data from the US that came yesterday. Also, decline in inventories acted as a positive factor. However, sharp gains were capped on the back of strength in the DX along with rise in risk aversion in the markets. In the Indian markets, base metals traded higher except Copper despite Rupee appreciation.
LME Copper prices fell by around 0.2 percent today taking cues from unfavourable Philly Fed manufacturing data from the US along with negative manufacturing data from the biggest consumer, China. Also, strength in the DX along with mixed global market sentiments acted as a negative factor. However, positive manufacturing PMI data from the US coupled with decline in LME inventories by 1.5 percent to 285,350 tonnes restricted sharp fall in prices. MCX Copper prices declined by 0.1 percent today.
Nymex crude oil prices declined by 0.4 percent today taking cues from rise in the US crude oil inventories which has gained for the fifth consecutive week ending on 14th Feb’14. Further, drop in gasoline and distillate demand along with strength in the DX exerted downside pressure on prices. MCX crude oil prices fell by 0.3 percent and touched a low of Rs.6365/bbl till 4:00pm IST.
In the evening session, we expect precious metals, base metals and crude oil prices to trade on a mixed note on the back of mixed global market sentiments. Also, strength in the DX will act as a negative factor.
Further, expectations of weak economic data from the US in the evening session will exert downside pressure on prices
#LME Ware house Stocks : Copper -4250 Lead +75 Nickel -504 Zinc -4975 Aluminium -7050
2:53 PM
alphaadvisory
Thursday, February 20, 2014
Commodities may trade negative on weak global market sentiments, stronger Dollar
4:54 PM
alphaadvisory
NEWS MARKETS TRADING ADVISORY AGRI SERVICE FOLLOW US facebook facebook Home News Details Other Stories Rising Crude Oil prices a worry for Indian economy, CAD may rise 20 Feb 14 BTG Pactual net profit rises 3% in 4Q2013 20 Feb 14 Myron Scholes appointed to CME Group's Competitive Markets Advisory Council 20 Feb 14 Natural Gas rally subsides on profit booking, trend still positive 20 Feb 14 Gold mining output has little impact on prices: Jeff Nichols 20 Feb 14 Could graphite demand for lithium-ion batteries double in five years? 19 Feb 14 How retail demand sliced 400oz London Good Delivery bars in 2013 19 Feb 14 Sweetening Sugar in an election year: Will it pay? 19 Feb 14 Eagle Ford Shale play: The identity crisis 19 Feb 14 Natural Gas flares up on winter storms, cold weather, MCX Nat Gas may target 385 near term 19 Feb 14 China’s Commodity diplomacy in the Caribbean aka US backyard 19 Feb 14 Fourth consecutive gain on D-Street; IT, Pharma stocks rally 19 Feb 14 Market Pulse LME Inventory: Aluminium falls the most by 4275 tons 2014-02-20 15:41:16 Mustard market under long liquidation, open interest drops 2.85% 2014-02-20 12:16:00 Fresh selling seen in Maize, support at 1210 2014-02-20 12:08:22 More Future Prices Gold (2014-12-05) 28618(379) (LTP) Gold (2014-12-05) 28220(0) (LTP) Gold (2014-07-29) 25998(0) (LTP) Gold (2014-07-29) 25998(0) (LTP) More Technical Analysis Schatz resistance at 110.62/63 Bobl: Immediate resistance at 126.83/84 Bund: Immediate resistance at 144.00/02 More Fundamentals Japan's trade deficit continues to rise, hits $27.3 bn in Jan Pakistan Sugar exports rise 90.59% to 111806 tons in Jan: PBS India's Natural Rubber imports may fall to 200000 tons in 2014-15 More Pivot Point Gold 20 Feb 2014 29978 Pivot Silver 20 Feb 2014 47730 Pivot More Nifty ends below 6100; Financial, FMCG stocks makes hay
4:28 PM
alphaadvisory
MUMBAI (Commodity Online): Indian bourses opened gap
down amid weak global cues. Indices plunged half percent after Fed
minutes released late Wednesday signaled continuation of trimming its
bond buying program at the usual pace of $10bn-a-month unless economy
surprises significantly.
Selling in Banking & Financial and Metal stocks put the pressure on indices. On the flip side, Realty and Capital Goods stocks witnessed buying in opening session. Market traded choppy most of the day. Market extended losses in closing session tracking weak European cues.
Market breadth remained negative amid broader weakness. Midcap and Smallcap indices closed almost flat. Benchmark indices ended with loss of almost one percent in today's session.
Sensex closed at 20536.64 with the loss of 186.33 points and at NSE Nifty closed at 6191.45 with the loss of 61.30 points at the end of the day. BSE MIDCAP index closed at 6377.02 with the gain of 0.08 points and BSE SMALLCAP index closed at 6361.85 with the loss of 10.35 points.
In percentage term key losers were Bank of Baroda Ltd (NSE: BANKBARODA), Kotak Mahindra Bank Ltd (NSE: KOTAKBANK) and Grasim Industries Ltd (NSE: GRASIM) while key gainers were Jaiprakash Associates Ltd (NSE: JPASSOCIAT), Dr Reddy's Laboratories Ltd (NSE: DRREDDY) and Bajaj Auto Ltd (NSE: BAJAJ-AUTO).
On sectoral front almost all the sectoral indices closed in red barring Power and Capital Goods sectors closed marginally in green. Major selling was seen in Banking & Financial, Metal, FMCG, Oil & Gas and IT sectors. Market breadth remained negative amid 1193 advances and 1479 decline stocks.
From the Nifty weight perspective, key losers were ITC Ltd (NSE: ITC), ICICI Bank Ltd (NSE: ICICIBANK) and Housing Development Finance Corporation Ltd (NSE: HDFC) while key gainers were Dr Reddy's Laboratories Ltd (NSE: DRREDDY), Bajaj Auto Ltd (NSE: BAJAJ-AUTO) and Larsen & Toubro Ltd (NSE: LT).
Selling in Banking & Financial and Metal stocks put the pressure on indices. On the flip side, Realty and Capital Goods stocks witnessed buying in opening session. Market traded choppy most of the day. Market extended losses in closing session tracking weak European cues.
Market breadth remained negative amid broader weakness. Midcap and Smallcap indices closed almost flat. Benchmark indices ended with loss of almost one percent in today's session.
Sensex closed at 20536.64 with the loss of 186.33 points and at NSE Nifty closed at 6191.45 with the loss of 61.30 points at the end of the day. BSE MIDCAP index closed at 6377.02 with the gain of 0.08 points and BSE SMALLCAP index closed at 6361.85 with the loss of 10.35 points.
In percentage term key losers were Bank of Baroda Ltd (NSE: BANKBARODA), Kotak Mahindra Bank Ltd (NSE: KOTAKBANK) and Grasim Industries Ltd (NSE: GRASIM) while key gainers were Jaiprakash Associates Ltd (NSE: JPASSOCIAT), Dr Reddy's Laboratories Ltd (NSE: DRREDDY) and Bajaj Auto Ltd (NSE: BAJAJ-AUTO).
On sectoral front almost all the sectoral indices closed in red barring Power and Capital Goods sectors closed marginally in green. Major selling was seen in Banking & Financial, Metal, FMCG, Oil & Gas and IT sectors. Market breadth remained negative amid 1193 advances and 1479 decline stocks.
From the Nifty weight perspective, key losers were ITC Ltd (NSE: ITC), ICICI Bank Ltd (NSE: ICICIBANK) and Housing Development Finance Corporation Ltd (NSE: HDFC) while key gainers were Dr Reddy's Laboratories Ltd (NSE: DRREDDY), Bajaj Auto Ltd (NSE: BAJAJ-AUTO) and Larsen & Toubro Ltd (NSE: LT).
MCX chief financial officer resigns
4:08 PM
alphaadvisory
http://profit.ndtv.com/news/corporates/article-mcx-chief-financial-officer-vastani-resigns-381144 …
Strong resistance for Turmeric NCDEX Apr seen at 7360. trading above the same likely to touch 7560 in near term.
10:56 AM
alphaadvisory
Wednesday, February 19, 2014
MCX Base Metals may trade volatile for evening following list of US economic data
5:48 PM
alphaadvisory
Commodities may trade mixed, awaits FOMC minutes
5:03 PM
alphaadvisory
February 19, 2014 16:45
MUMBAI:
European equities are trading lower today ahead of the housing starts
data from the US in the evening session. Asian markets ended on a
positive note and the US stock futures are trading in the red.UK’s Claimant Count Change fell by 27,600 in January as against a decline of 27,700 in December. Unemployment Rate rose to 7.2 percent in December from 7.1 percent in November. Average Earnings Index gained 1.1 percent in December as compared to a rise of 0.9 percent in November.
Spot gold prices are trading lower by 0.2 percent today taking cues from rise in risk aversion in the markets coupled with strength in the DX. Also, correction seen in SPDR holdings exerted downside pressure on prices. The prices touched an intra-day low of $1313.94/oz till 4:00pm IST.
Taking cues from decline in gold prices, Spot silver prices plunged around 0.5 percent today. Also, mixed global market sentiments along with strength in the DX acted as a negative factor for prices of the white metal. However, sharp downside was cushioned on the back of again in base metal prices.
Base metals pack on the LME traded on a positive note on the back of decline in inventories. However, mixed global market sentiments along with strength in the DX capped sharp gains in prices.
LME Copper prices traded higher by around 0.1 percent today taking cues from decline in inventories by 0.9 percent to 290,625 tonnes. However, rise in risk aversion in the markets along with strength in the DX acted as prevented sharp gains. The red metal prices touched an intra-day high of $7220/tonne till 4:00pm IST.
Nymex crude oil prices declined by around 0.2 percent on the back of expectations of gain in API crude oil inventories. Also, strength in the DX acted as a negative factor. The crude prices touched an intra-day low of $102.49/bbl till 4:00pm IST.
The American Petroleum Institute (API) is scheduled to release its weekly inventories today and US crude oil inventories are expected to gain by 1.8 million barrels for the week ending on 14th February 2014.
In the evening session, we expect precious metals, base metals and crude oil prices to trade on a mixed note on the back of mixed market sentiments. Additionally, direction to the prices will be provided if any major announcement happens in the FOMC meeting minutes.
While on the other hand, strength in the DX will act as a negative factor. Further, expectations of weak economic data from the US in the evening session will exert downside pressure on prices.
Airtel first to cross 200 million mobile-user mark in India http://profit.ndtv.com/news/industries/article-airtel-first-to-cross-200-million-mobile-user-mark-in-india-381071 …
4:47 PM
alphaadvisory
LME Ware house Stocks : Copper -2525 Lead -1050 Nickel -132 Zinc -3525 Aluminium -5475
2:54 PM
alphaadvisory
Tuesday, February 18, 2014
Double crown for China: Largest gold producer and consumer http://tinyurl.com/oss3lw4
7:15 PM
alphaadvisory
Empire State Manufacturing Index may impact positive for #Bullions and negative for #Metals and #Energy
7:11 PM
alphaadvisory
Crude Oil looks bullish in short-term, buying on dips recommended http://tinyurl.com/mqd2xwd
7:09 PM
alphaadvisory
Feb is likely to trade up till 453 level, having good support at 445. http://tinyurl.com/mcfrpep
7:07 PM
alphaadvisory
Gold jumps almost 3% on MCX as no import duty cut was announced in the budget 2014
11:48 AM
alphaadvisory
Monday, February 17, 2014
LME Ware house Stocks : Copper -3100 Lead -500 Nickel -180 Zinc -3575 Aluminium -9250 Tin -60
2:37 PM
alphaadvisory
budget2014 USD/INR falls to day low after FM sees Indian FY15 fiscal deficit at 4.1%
12:16 PM
alphaadvisory
budget2014 FM: Agri credit to cross Rs 7 lakh cr; exports to gain over $45 billion
12:16 PM
alphaadvisory
India Govt intervened swifty to ensure National Spot Exchange crisis did not spread to other sectors: FM
12:13 PM
alphaadvisory
budget2014: Govt committed to amending Forward Contracts Regulation Act to regulate commodity futures
12:12 PM
alphaadvisory
budget2014: FM announces moratorium on interest payment for education loans; details to be announced shortly
12:12 PM
alphaadvisory
Gold and Silver move towards day high post #budget2014 speech, up by 1.7% and 2.7% respectively
12:11 PM
alphaadvisory
Friday, February 7, 2014
10:23 AM
alphaadvisory
GOLD
|
BUY
ABOVE
|
TGT 1
|
TGT2
|
TGT3
|
SL
|
HIGH BRK
OUT
|
TGT 1
|
TGT2
|
|
28769.83333
|
28851.66667
|
28952.5
|
29053.333
|
28737.8333
|
28940
|
29060.33
|
29134.67
|
PIV.POINT
|
SELL
BELOW
|
TGT 1
|
TGT2
|
TGT3
|
SL
|
LOW BRK
OUT
|
TGT1
|
TGT2
|
28738.33333
|
28706.83333
|
28536.66667
|
28480
|
28423.333
|
28738.8333
|
28625
|
28504.67
|
28430.33
|
|
|
|
|
|
|
|
|
|
LEAD
|
BUY
ABOVE
|
TGT 1
|
TGT2
|
TGT3
|
SL
|
HIGH BRK
OUT
|
TGT 1
|
TGT2
|
|
131.4766667
|
132.2833333
|
132.6
|
132.91667
|
131.156667
|
131.95
|
132.5612
|
132.9388
|
PIV.POINT
|
SELL
BELOW
|
TGT 1
|
TGT2
|
TGT3
|
SL
|
LOW BRK
OUT
|
TGT1
|
TGT2
|
131.3166667
|
131.1566667
|
130.6833333
|
130.2
|
129.71667
|
131.476667
|
130.35
|
129.7388
|
129.3612
|
|
|
|
|
|
|
|
|
|
ZINC
|
BUY
ABOVE
|
TGT 1
|
TGT2
|
TGT3
|
SL
|
HIGH BRK
OUT
|
TGT 1
|
TGT2
|
|
124.4766667
|
125.6333333
|
126.025
|
126.41667
|
124.156667
|
125.1
|
125.9022
|
126.3978
|
PIV.POINT
|
SELL
BELOW
|
TGT 1
|
TGT2
|
TGT3
|
SL
|
LOW BRK
OUT
|
TGT1
|
TGT2
|
124.3166667
|
124.1566667
|
123.5333333
|
122.875
|
122.21667
|
124.476667
|
123
|
122.1978
|
121.7022
|
|
|
|
|
|
|
|
|
|
ALUMINUM
|
BUY
ABOVE
|
TGT 1
|
TGT2
|
TGT3
|
SL
|
HIGH BRK
OUT
|
TGT 1
|
TGT2
|
|
105.165
|
105.65
|
105.925
|
104.935
|
104.935
|
105.6
|
106.0393
|
106.3107
|
PIV.POINT
|
SELL
BELOW
|
TGT 1
|
TGT2
|
TGT3
|
SL
|
LOW BRK
OUT
|
TGT1
|
TGT2
|
105.05
|
104.935
|
104.5
|
104.2
|
105.165
|
105.165
|
104.45
|
104.0107
|
103.7393
|