DTN 30.12

8/3/2019 DTN 30.12

http://slidepdf.com/reader/full/dtn-3012 1/6

DAILY COMMODITY OUTLOOK

30th

Dec

2011

Market Review & Outlook

Precious Metals

Both the precious m etals opened the trading session on a negative note. Gold

registered an intraday low of ` 26517 levels and closed t he session at ` 26836

levels. The silver registered an intraday low of `48562 levels. The silver

recovered sm artly from these levels and at t he end of t he session it recovered

all its intraday losses and closed the session at ` 5021 8 levels.

Base Metals & Energy

The base metals the trading session on a flat note. Lead trade the session on

a positive note and closed the session at 105.6 levels. Nickel, Zinc and

Aluminum is also closed t he session on a positive not e.

Crude oil opened the session on a negative note and registered an intraday

low of `5247 levels. Near term support for the crude oil price is placed at

`5300 - 5290 levels. Breakdown below the 5290 levels would be extremely

negative for the Crude oil. Natural gas has been trading in a narrow range of

173 – 167 levels for the past few sessions. Natural gas prices has given a

Breakdown from its consolidation levels and closed the session at 163.60

levels. Natural gas is likely to t rade in a negat ive territ ory for a upcom ing few

sessions.

8/3/2019 DTN 30.12



30th

Dec

2011

Strategy/Recommendations

MCX Crude Jan ` 5315.00

Traders can short at current lev els wit h a stop loss placed above ` 5384 levels

for downside target s of ` 5200 / 5170 levels.

MCX Copper Feb ` 400.20Traders can go short below 394 levels with a stop loss placed above ` 404.2 levels

for downside targets of ` 380 / ` 375 levels

8/3/2019 DTN 30.12



30th

Dec

2011

Morning Technical Levels for Metals and Energy

Commodity Exchange Contract Trend S2 S1 LTP R1 R2

Bullions

Gold MCX FEB Down 26496 26156 26836 27197 27558

Silver MCX MAR Down 49018 47819 50218 50961 51705

Base Metals

Copper MCX FEB Sideways 396 392 400 403 406

Zinc MCX DEC Down 96 95 97.5 98 99

Lead MCX DEC Down 104 102 105.6 107 108

Aluminium MCX DEC Down 105 104 105.1 106 106

Nickel MCX DEC UP 952 936 969.1 978 988

Energy

Crude oil MCX Dec Up 5255 5205 5305 5347 5389

Natural Gas MCX Dec Down 160 157 163.6 169 174

8/3/2019 DTN 30.12



30th

Dec

2011

Strategy/Recommendations

NCDEX GUAR GUM JAN ` 24535.00

Traders can go short below 24100 levels between `24060--24140 levels with a stop

loss placed above ` 24840 levels for downside targets of ` 23000 / ` 22600 levels.

Agricultural Commodities

8/3/2019 DTN 30.12



30th

Dec

2011

Morning Technical Levels for Agri - Commodities

Commodity Exchange Contract Trend S2 S1 LTP R1 R2

Spice Complex

Jeera NCDEX Jan Up 15518 15697 15875 16087 16298

Pepper NCDEX Jan Down 32210 32450 32690 32885 33080

Turmeric NCDEXApr

Sideways 4591 4643 4696 4779 4863

Chilli NCDEX Jan Down 6449 6513 6576 6653 6729

Coriander NCDEX Jan Sideways 3822 3873 3923 3967 4010

Oilseed Complex

Soybean NCDEX Jan Up 2446 2463 2481 2509 2538

Mustard Seed NCDEX Jan UP 3493 3550 3608 3655 3703

Ref Soya Oil NCDEX Jan Up 715 718 722.45 729 735

Castor Seed NCDEX Jan Down 3852 3909 3965.5 4034 4102

Others

Guar Seed NCDEX Jan Up 7062 7203 7345 7483 7622

Guar Gum NCDEX Jan Up 23319 23876 24433 24914 25395

Chana NCDEX Jan Sideways 3214 3255 3296 3320 3344Sugar NCDEX Jan Sideways 2857 2884 2912 2930 2949

Kapas NCDEX Apr Up 816 824 833.2 843 852

Cotton Oilseed

Cake

NCDEX Jan Up 1226 1235 1245 1259 1274

Gur NCDEX Jan Down 1053 1058 1063 1068 1073

Potato NCDEX Apr Sideways 574 579 582.6 585 588

Menthaoil MCX Jan Sideways 1288 1293 1299 1305 1312

Wheat NCDEX Jan Up 1176 1198 1220 1234 1248

Maize NCDEX Jan Up 1212 1217 1221 1225 1228

8/3/2019 DTN 30.12



30th

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 times 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 30.12

Documents

Transcript of DTN 30.12