Morning Newsletter (11 th May- 2018)

Size: px

Start display at page:

Download "Morning Newsletter (11 th May- 2018)"

Kerry Jerome Day
6 years ago
Views:

1 (11 th May- 2018) 1

2 Precious Metals 11 th -May-2018 MCX GOLD Daily Chart GOLD Commentary Gold has witnessed a range bound trade. Buy GOLD above TGT / SL Sell GOLD below TGT / SL DATA Watch: CANADA Employment Change, CANADA Unemployment Rate, CANADA Gov Council Member Wilkins Speaks, EUR ECB President Draghi Speaks, US Prelim UoM MCX SILVER Daily Chart SILVER Commentary Silver has witnessed a range bound trade. Buy SILVER above TGT / SL Sell SILVER below TGT / SL DATA Watch: CANADA Employment Change, CANADA Unemployment Rate, CANADA Gov Council Member Wilkins Speaks, EUR ECB President Draghi Speaks, US Prelim UoM 2

3 Energy st th -July May-2018 MCX CRUDE OIL Daily Chart CRUDE OIL Commentary Oil prices stayed near multi-year highs on Friday morning in Asia as looming U.S. sanctions against major crude exporter Iran threatened to tip the oil market into undersupply. Buy CRUDE OIL above 4786 TGT 4805 & 4829 SL 4757 Sell CRUDE OIL below 4728 TGT 4709 & 4685 SL 4757 DATA Watch: CANADA Employment Change, CANADA Unemployment Rate, CANADA Gov Council Member Wilkins Speaks, EUR ECB President Draghi Speaks, US Prelim UoM MCX NATURAL GAS Daily Chart NATURAL GAS Commentary Natural Gas has witnessed a range bound trade. DATA Watch: nil. Buy NG above TGT & SL Sell NG below TGT & SL

4 Base Metals st th -July May-2018 MCX COPPER Daily Chart COPPER Commentary Copper has witnessed a range bound trade. Buy COPPER above TGT / SL Sell COPPER below TGT / SL MCX ALUMINIUM Daily Chart ALUMINIUM Commentary Aluminium has witnessed a range bound trade. Buy ALUMINIUM above TGT & SL Sell ALUMINIUM below TGT & SL

5 Base Metals st th -July May-2018 MCX LEAD Daily Chart LEAD Commentary Lead has witnessed a range bound trade. Buy LEAD above TGT 156 & SL Sell LEAD below TGT & SL MCX ZINC Daily Chart ZINC Commentary Zinc has witnessed a range bound trade. Buy ZINC above TGT & SL Sell ZINC below TGT & SL MCX NICKEL Daily Chart NICKEL Commentary Nickel has witnessed a range bound trade. Buy NICKEL above 932 TGT 934 & SL Sell NICKEL below TGT & SL

6 Pivot Table Morning & Economic Newsletter Calendar SUPPORTS & RESISTANCES 31 st -July th -May-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 CANADA Employment Change 17.8K 32.3K 6.00 PM CANADA Unemployment Rate 5.8% 5.8% 6.00 PM CANADA Gov Council Member Wilkins Speaks PM EUR ECB President Draghi Speaks PM US Prelim UoM Consumer Sentiment PM 6

7 Morning Disclaimer Newsletter 31 st -July th -May-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 (8 th May- 2018)

Morning Newsletter (8 th May- 2018) (8 th May- 2018) 1 Precious Metals 8 th -May-2018 MCX GOLD Daily Chart GOLD Commentary Gold has witnessed a range bound trade. Buy GOLD above 31308 TGT 31338 / 31378 SL 31258 Sell GOLD below 31208 TGT