DTN 28.12

8/3/2019 DTN 28.12

http://slidepdf.com/reader/full/dtn-2812 1/6

DAILY COMMODITY OUTLOOK 28th

Dec

2011

Market Review & Outlook

Precious Metals

The precious metals had an extremely flat session of trade. The `27350 to

` 27050 levels will be the support for gold on the downside whereas, ` 28100—

`28350 levels will act as very stiff resistance zones. Silver continues to trade

within a narrow range between ` 52500--`53350 levels.

Base Metals & Energy

The base metals opened the session on a negative note but recovered its

losses as the session progressed. The base metals have been trading in an

extremely narrow range over the past few sessions of trade and hence don’t

depict a clear direction of its next m ajor move.

Crude oil put on some gains on the back of extremely low volume. `5392

levels was the previous swing high of crude oil. Hence the current rally is

likely to face supply pressure around t hese levels.

8/3/2019 DTN 28.12



Dec

2011

Strategy/Recommendations

MCX Silver Mar ` 52711.00

Traders can go short on a break below `52525 levels with a stoploss placed above` 52957 levels for downside targets of `52000 / ` 51700 levels.

8/3/2019 DTN 28.12



Dec

2011

Morning Technical Levels for Metals and Energy

Commodity Exchange Contract Trend S2 S1 LTP R1 R2

Bullions

Gold MCX FEB Down 27,433 27,542 27,651 27,752 27,853

Spot Gold Down 1581 1586 1591.45 1601 1611

Silver MCX MAR Down 52,288 52,500 52,711 53,011 53,310

Spot Silver Down 28.27 28.47 28.67 29.01 29.35

Base Metals

LME Copper Sideways 3.3734 3.3894 3.4053 3.4334 3.4614

Copper MCX FEB Sideways 398.9 401.05 403.2 406 408.7

Zinc MCX DEC Down 96.85 97.20 97.55 98 98.45

Lead MCX DEC Down 104.5 104.95 105.45 105.9 106.4

Aluminium MCX DEC Sideways 105 105.25 105.55 105.8 106

Nickel MCX DEC UP 971.8 976.77 981.7 986.4 991

Energy

Crude oil MCX JAN Sideways 5,222 5,298 5,374 5,415 5,456

Crude NYMEX Sideways 98.39 99.78 101.17 102.16 103.15

Natural Gas MCX Dec Down 159.4 161.47 163.5 166.8 170

8/3/2019 DTN 28.12



Dec

2011

Strategy/Recommendations

NCDEX Maize Jan ` 1208.50

Traders can go short between `1205--`1220 levels with a stoploss placed above

` 1234 levels for downside targets of ` 1195 / ` 1187 levels.

NCDEX Jeera Jan ` 15806.00

Traders can go short between `15850--`15950 levels with a stoploss placed above

` 16151 levels for downside targets of ` 15610 / ` 15450 levels.

gricultural Commodities

8/3/2019 DTN 28.12



Dec

2011

Morning Technical Levels for Agri - Commodities

Commodity Exchange Contract Trend S2 S1 LTP R1 R2

Spice Complex

Jeera NCDEX JAN UP 15327 15567 15806.00 16185 16563

Pepper NCDEX JAN UP 32225 32500 32775.00 33140 33505

Turmeric NCDEX MAY UP 4571 4641 4710.00 4783 4855

Chilli NCDEX FEB DOWN 6331 6407 6484.00 6613 6743

Coriander NCDEX JAN DOWN 3749 3824 3898.00 4009 4119

Oilseed Complex

Soybean NCDEX JAN UP 2414 2430 2445.00 2459 2473

Mustard Seed NCDEX JAN UP 3456 3481 3505.00 3526 3546Ref Soya Oil NCDEX JAN UP 697 706 714.75 721 727

CPO NCDEX DEC Sideways 180 359 538.60 359 180

Castor Seed NCDEX JAN Sideways 3718 3759 3800.50 3859 3917

Others

Guar Seed NCDEX JAN UP 6485 6739 6992.00 7178 7363

Guar Gum NCDEX JAN UP 21343 22264 23186.00 23860 24535

Chana NCDEX JAN UP 3253 3278 3304.00 3332 3361

Sugar NCDEX JAN UP 2880 2892 2905.00 2914 2924

Kapas NCDEX Apr UP 773 789 804.00 819 834

Cotton Oilseed

Cake

NCDEX Jan Sideways 1203 1213 1222.00 1236 1249

Gur NCDEX Jan UP 1061 1063 1065.50 1069 1073

Potato NCDEX Apr DOWN 558 564 570.00 575 579

Menthaoil MCX Dec DOWN 1278 1287 1297.30 1312 1327

Wheat NCDEX Jan UP 1182 1184 1186.00 1189 1192

Maize NCDEX Jan Sideways 1182 1195 1208.50 1228 1248

8/3/2019 DTN 28.12



Dec

2011

Disclaimer

The views expressed are based purely on Technical studies. The calls made herein are for information purpose only. The information and views presented here are

prepared by Matrix Solutions and his associates. The information contained herein is based on their analysis of the Charts and up on sources that are considered

reliable. We, however, do not vouch for the accuracy or the completeness thereof. This material is for personal information and we are not responsible for any loss

incurred based upon it. The investments discussed or recommended on this Website may not be suitable for all investors. Past performance may not be indicative

of future performance. Some of the securities/commodities presented herein should be considered speculative with a high degree of volatility and risk. Investors

must make their own investment decisions based on their specific investment objectives and financial position and using such independent advice, as they believe

necessary. You specifically agree to consult with a registered investment advisor, which we are not, prior to making any trading decision of any kind. While acting

upon any information or analysis mentioned on this website, investors may please note that neither Matrix Solutions nor any person connected with him accepts

any liability arising from the use of this information and views mentioned herein. Matrix Solutions and his affiliates may hold long or short positions in the

securities/commodities discussed herein from time to time the services are intended for a restricted audience and we are not soliciting any action based on it.

Neither the information nor any opinion expressed herein constitutes an offer or an invitation to make an offer, to buy or sell any securities/commodities, or any

options, futures or other derivatives related to such securities/commodities. Part of this website may contain advertising and other material submitted to us by

third parties. We do not accept liability in respect of any advertisements. You acknowledge that any warranty that is provided in connection with any of the

products or services advertised on this website described herein is provided solely by the owner, advertiser, manufacturer or supplier of that product and/or

service, and not by us. We do not warrant that your access to the Website and/or related services will be uninterrupted or error-free, that defects will be corrected,

or that this site or the server that makes it available is free of viruses or other harmful components. Subscribers are advised to understand that the services can fail

due to failure of hardware, software, and Internet connection. Access to and use of this site and the information is at your risk and we do not undertake any

accountability for any irregularities, viruses or damage to any computer or Mobiles that results from accessing, availing or downloading of any information from this

site. We do not warrant or make any representations regarding the use or the results of the use of any product and/or service purchased in terms of its

compatibility, correctness, accuracy, reliability or otherwise. You assume total responsibility and risk for your use of this site and site-related services. A possibility

exists that the site could include inaccuracies or errors. Additionally, a possibility exists that unauthorized additions, deletions or alterations could be made by third

parties to the site. Although we attempt to ensure the integrity, correctness and authenticity of the site, it makes no guarantees whatsoever as to its completeness,

correctness or accuracy. In the event that such an inaccuracy arises, please inform our staff so that it can be corrected. Price and availability of products and services

offered on the site are subject to change without prior notic e. To the extent we provide information on t he availability of products or services you sh ould not rely on

such information. We will not be liable for any lack of availability of products and services you may order through the site. Transactions shall be governed by and

construed in accordance with the laws of India, without regard to the laws regarding conflicts of law. Any litigation or any action at law or in equity arising out of or

relating to these agreement or transaction shall be subject to Mumbai jurisdiction only and the customer hereby agrees consents and submits to the jurisdiction of

such courts for the purpose of litigating any such action. A CALL ON SMS is a service given only to members with the sole intention to aid their information means.

We do not guarantee any accuracy of generation, databases, delivery timings etc. while giving this facility. Depending on your location, service provider, medium of

communication and delivery, the service may be at t imes slow or not there at all. We do not guarantee completion of delivery. We shall in no way be responsible for

delays in receiving SMS on the mobile caused due to delivery methods chosen by the Service Provider, rush on the Service Provider’s Servers or any other reason

whatsoever that may cause such a delay. Use of this website and its services constitutes acceptance of Disclaimer, Privacy Poli cy and Terms of Use.

DTN 28.12

Documents

Transcript of DTN 28.12