Morning Newsletter (6 th Nov- 2018)

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Easter Stewart
5 years ago
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1 (6 th Nov- 2018) 1

2 Precious Metals 6 th -Nov-2018 MCX GOLD Daily Chart GOLD Commentary Gold prices were little changed on Monday as traders braced for the U.S. mid-term elections and the Federal Reserve s November meeting due later this week. Buy GOLD above TGT / SL Sell GOLD below TGT / SL MCX SILVER Daily Chart SILVER Commentary Interest rate increases and higher U.S. bond yields are usually bearish for gold, which offers no yield. silver futures fell 0.72% at $ a troy ounce. Buy SILVER above TGT / SL Sell SILVER below TGT / SL

Energy 31 6 th st -Nov-2018 -July-2017 MCX CRUDE OIL Daily Chart CRUDE OIL Commentary Oil prices were up Monday after the extended rout from last week and October.

3 Energy 31 6 th st -Nov July-2017 MCX CRUDE OIL Daily Chart CRUDE OIL Commentary Oil prices were up Monday after the extended rout from last week and October. But the question on every trader s lips is: Does this rebound have legs? Buy CRUDE OIL above 4669 TGT 4692 & 4721 SL 4634 Sell CRUDE OIL below 4600 TGT 4576 & 4547 SL 4634 MCX NATURAL GAS Daily Chart NATURAL GAS Commentary Natural gas futures surged to their highest level in almost two years on Monday, as traders reacted to bullish weather forecasts for most parts of the United States over the next two weeks. Buy NG above TGT & SL Sell NG below TGT & SL DATA Watch: Nil. 3

Base Metals 31 6 th st -Nov-2018 -July-2017 MCX COPPER Daily Chart COPPER Commentary Comex copper reversed lower to start the new week on Monday morning in the US, with a broad-based sell-off and

4 Base Metals 31 6 th st -Nov July-2017 MCX COPPER Daily Chart COPPER Commentary Comex copper reversed lower to start the new week on Monday morning in the US, with a broad-based sell-off and political uncertainty keeping market participants on the sidelines. Buy COPPER above 447 TGT / 451 SL Sell COPPER below TGT / SL MCX ALUMINIUM Daily Chart ALUMINIUM Commentary Base metals prices on the London Metal Exchange were predominantly lower at the close of trading on Monday November 5, topped by a continued downturn in lead s three-month price while aluminium was the only metal to trade in positive territory. Buy ALUMINIUM above TGT 145 & SL Sell ALUMINIUM below TGT & SL

Base Metals 31 6 th st -Nov-2018 -July-2017 MCX LEAD Daily Chart LEAD Commentary Lead has witnessed a high volatility trade. Buy LEAD above 142.

95 SL 141 MCX ZINC Daily Chart ZINC Commentary Zinc has witnessed a negative range bound trade. Buy ZINC above 187.9 TGT 188.8 & 189.8 SL 186.

5 Base Metals 31 6 th st -Nov July-2017 MCX LEAD Daily Chart LEAD Commentary Lead has witnessed a high volatility trade. Buy LEAD above TGT & SL 141 Sell LEAD below TGT & SL 141 MCX ZINC Daily Chart ZINC Commentary Zinc has witnessed a negative range bound trade. Buy ZINC above TGT & SL Sell ZINC below TGT & SL MCX NICKEL Daily Chart NICKEL Commentary Nickel has witnessed a negative range bound trade. Buy NICKEL above TGT & SL Sell NICKEL below TGT & SL

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 US Congressional Elections - - All Day 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 (24 th July- 2018)

Morning Newsletter (24 th July- 2018) (24 th July- 2018) 1 Precious Metals 24 th -July-2018 MCX GOLD Daily Chart GOLD Commentary Gold prices fell back towards one-year lows on Monday, as traders turned their attention towards the latest U.S.