Morning Newsletter (9 th Nov- 2018)

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Nathaniel Hampton
5 years ago
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1 (9 th Nov- 2018) 1

Precious Metals 9 th -Nov-2018 MCX GOLD Daily Chart GOLD Commentary Gold prices erased gains seen a day earlier when news that the Democrats had taken control of the House of Representatives,

2 Precious Metals 9 th -Nov-2018 MCX GOLD Daily Chart GOLD Commentary Gold prices erased gains seen a day earlier when news that the Democrats had taken control of the House of Representatives, effectively creating a political gridlock in Congress, had dampened demand for the dollar and benefited the precious metal. As gold pulled back to Tuesday s closing price, investors focused their attention on the upcoming monetary policy decision from the Federal Reserve. Buy GOLD above TGT / SL Sell GOLD below TGT / SL DATA Watch: US FOMC Statement, US Federal Funds Rate, US PPI m/m, US Core PPI m/m, US FOMC Member Quarles Speaks, US Prelim UoM MCX SILVER Daily Chart SILVER Commentary A stronger greenback makes the dollar-denominated precious metal more expensive for holders of foreign currencies. Buy SILVER above TGT / SL Sell SILVER below TGT / SL DATA Watch: US FOMC Statement, US Federal Funds Rate, US PPI m/m, US Core PPI m/m, US FOMC Member Quarles Speaks, US Prelim UoM 2

Energy 31 9 th st -Nov-2018 -July-2017 MCX CRUDE OIL Daily Chart CRUDE OIL Commentary Oil edged lower on Thursday, surrendering early gains, as investors focused on the pace of growth in global crude

3 Energy 31 9 th st -Nov July-2017 MCX CRUDE OIL Daily Chart CRUDE OIL Commentary Oil edged lower on Thursday, surrendering early gains, as investors focused on the pace of growth in global crude supply, which is increasing more quickly than many had expected. Buy CRUDE OIL above 4464 TGT 4487 & 4515 SL 4431 Sell CRUDE OIL below 4398 TGT 4375 & 4347 SL 4431 DATA Watch: US FOMC Statement, US Federal Funds Rate, US PPI m/m, US FOMC Member Quarles Speaks, US Prelim UoM MCX NATURAL GAS Daily Chart NATURAL GAS Commentary Natural gas markets have been relatively quiet during trading on Thursday, as we have gotten a bit ahead of ourselves. The weather is supposed to be colder than originally thought for the winter in America, and as a result it should continue to keep the market somewhat afloat. Buy NG above TGT & SL 257 Sell NG below TGT & SL 257 DATA Watch: Nil. 3

Base Metals 31 9 th st -Nov-2018 -July-2017 MCX COPPER Daily Chart COPPER Commentary LME base metals higher despite dollar strength. Buy COPPER above 441.05 TGT 442.45 / 444.15 SL 439.

4 Base Metals 31 9 th st -Nov July-2017 MCX COPPER Daily Chart COPPER Commentary LME base metals higher despite dollar strength. Buy COPPER above TGT / SL Sell COPPER below TGT / SL PPI m/m, US FOMC Member Quarles Speaks, US Prelim UoM MCX ALUMINIUM Daily Chart ALUMINIUM Commentary Aluminium has witnessed a slow movements. Buy ALUMINIUM above TGT & SL Sell ALUMINIUM below TGT & SL PPI m/m, US FOMC Member Quarles Speaks, US Prelim UoM 4

Base Metals 31 9 th st -Nov-2018 -July-2017 MCX LEAD Daily Chart LEAD Commentary Total LME lead stocks are at their level lowest since 2009, while

75 Sell LEAD below 143.6 TGT 142.65 & 141.6 SL 144.

behind the rising prices. Buy ZINC above 186.8 TGT 188.05 & 189.4 SL 185.35 Sell ZINC below 183.9 TGT 182.65 & 181.3 SL 185.

5 Base Metals 31 9 th st -Nov July-2017 MCX LEAD Daily Chart LEAD Commentary Total LME lead stocks are at their level lowest since 2009, while strong demand from the global battery sector continues to support upward price action. Buy LEAD above TGT & SL Sell LEAD below TGT & SL MCX ZINC Daily Chart PPI m/m, US FOMC Member Quarles Speaks, US Prelim UoM ZINC Commentary Zinc s with decade-low LME inventory an equal factor behind the rising prices. Buy ZINC above TGT & SL Sell ZINC below TGT & SL MCX NICKEL Daily Chart PPI m/m, US Prelim UoM NICKEL Commentary Nickel has witnessed a short covering rally until close below 840 level. Buy NICKEL above TGT & SL Sell NICKEL below TGT & SL q/q, GBP Prelim Business Investment q/q, US PPI m/m. 5

6 Pivot Table Morning & Economic Newsletter Calendar SUPPORTS & RESISTANCES 31 st -July th -Nov-2018 Commodity S3 S2 S1 Pivot Point R1 R2 R3 GOLD GOLDM SILVER SILVERM ALUMINIUM COPPER LEAD ZINC NICKEL CRUDE OIL NATURAL GAS ECONOMIC CALENDER Country Economic Event Forecast Previous Time GBP GDP m/m 0.1% 0.0% 3.00 PM GBP Manufacturing Production m/m 0.1% -0.2% 3.00 PM GBP Prelim GDP q/q 0.6% 0.4% 3.00 PM US PPI m/m 0.2% 0.2% 7.00 PM US Core PPI m/m 0.2% 0.2% 7.00 PM US FOMC Member Quarles Speaks PM US Prelim UoM Consumer Sentiment PM 6

7 Morning Disclaimer Newsletter 31 st -July th -Nov-2018 RESEARCHED & PREPARED BY B.KESAVAMOORTHY SENIOR MANAGER (RESEARCH ) CONTACT NO: ID: KESAVAMOORTHY.B@SKYCOMMODITIESMAILS.COM Disclaimer LAL S This report is for the personal information of the authorized recipient and is not for public distribution The information provided in the document is from information /data. available in public domain and other sources, which we believe, are reliable. We have made our best efforts to try and ensure accuracy of data however, Sky Commodities and/or any of its affiliates and/or employees shall not liable for resultant loss or damage that may arise from use of this document Sky Commodities and/or any of its affiliates and/or employees may or may not hold positions in any of the securities mentioned in the document. Investors should not solely rely on the information contained in this document and must make investment decisions based on their own investment objectives, risk appetite, investment horizon, financial strength or other parameter. The recipients of this material should take their own professional advice or consult your SEBI registered Investment Adviser for your specific Investment related advice/requirements and/or before acting on this information. The report also includes analysis and views expressed by our research team. The report is purely for information purposes and does not construe to be investment recommendation/advice or an offer or solicitation of an offer to buy/sell any securities. The opinions expressed are our current opinions as of the date appearing in the material and may be subject to change from time to time without notice. This report is not directed or intended for distribution to, or use by, any person or entity who is a citizen or resident of or located in any locality, state, country or other jurisdiction, where such distribution, publication, availability or use would be contrary to local law, regulation or which would subject Sky Commodities and affiliates to any registration or licensing requirement within such jurisdiction. The securities described herein may or may not be eligible for sale in all jurisdictions or to certain category of investors. Persons in whose possession this document may come are required to inform themselves of and to observe such restriction. 7

Morning Newsletter (13 th July- 2018)

Morning Newsletter (13 th July- 2018) (13 th July- 2018) 1 Precious Metals 13 th -July-2018 MCX GOLD Daily Chart GOLD Commentary Gold has remains in negative bias. Buy GOLD above 30195 TGT 30224 / 30262 SL 30147 Sell GOLD below 30099 TGT 30071