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  • Trade House 426 Alok Nagar, Kanadia Main Road Near Bangali Square

    Indore-452001 (M.P.) India Mobile :+91-9039261444

    E-mail: info@tradenivesh.in Telephone :+91-731-698.3000

    mailto:info@capitalgrow.in

  • FUNDAMENTAL VIEW:- Gold climbs to 5-month highs after U.S. airstrikes on Syria :- Gold prices

    climbed to five-month highs on Friday, as news of U.S. airstrikes against Syria boosted demand for safe-haven

    assets. The precious metal strengthened after the U.S. launched cruise missiles at an airbase in Syria, sparking

    concerns of an escalation in the Syrian civil war. U.S. President Donald Trump said on Thursday he ordered

    missile strikes against a Syrian airfield from which a deadly chemical weapons attack was launched. The air

    strike came during a two-day summit between Trump and Chinese President Xi Jinping which, on Thursday,

    had a strong focus on trade and North Korea's military program.

    TECHNICAL VIEW:- Gold price provided negative trading by the end of the day to test level1250 and re-

    bound bearishly from there, its stability above it, as the EMA50 meets the mentioned level to add more

    strength to it, which keeps our bullish overview valid until now, noting that we need a confirmed breach to

    1263.17 level to reinforce the chances of heading towards our next main target at 1300.in mcx gold closed

    around 28721. in this week gold may be more down around 28300 that time we can buy it to target of 29100

    and if it open around 28850 above then we can sell it to target of 28300 and we have to maintain Stoop loss of

    29150 above

    TRADING STRATEGY:-

    WEEKLY SUPPORT AND RESISTANCE :-

    SYMBOL TREND R3 R2 R1 PV S1 S2 S3

    GOLD BULLISH 29880 29280 28980 28690 28380 28100 27500

    Gold Weekly Wrap Up

    OPEN 28420

    HIGH 29000

    LOW 28404

    CLOSE 28665

    % CHANGE +0.70%

    NET

    CHANGE +202

    OI 6928

    VOLUM 21883

    TREND Negative

    GOLD(JUN) STRATEGY LEVEL TGT-1 TGT-2 STOP LOSS

    BUY BUY ABOVE 28450-28550 29000 29300 28070

    SELL SELL BELOW 28200 27700 27500 28890

  • FUNDAMENTAL VIEW:- White metal little changed on global cues :- Silver price starts to breach the key

    resistance 18.30 and attempts to hold above it, which supports the continuation of our bullish overview efficiently in

    the upcoming sessions, waiting for more rise to visit 19.00 followed by 19.38 levels mainly. In mcx silver also

    breached level of 41300 It was a strong level for down side that is why. we can see it more down around 40900 so we

    can sell From up upside around 41600 to 41800 and if it open it down side around 41000 41200 Than we can buy and

    maintain Stoop Loss 40800 .

    TECHNICAL VIEW:-

    Silver price starts to breach the key resistance 18.30 and attempts to hold above it, which supports the con-

    tinuation of our bullish overview efficiently in the upcoming sessions, waiting for more rise to visit 19.00

    followed by 19.38 levels mainly. In mcx silver also breached level of 41300 It was a strong level for down

    side that is why. we can see it more down around 40900 so we can sell From up upside around 41600 to

    41800 and if it open it down side around 41000 41200 Than we can buy and maintain Stoop Loss 40800

    TRADING STRATEGY:-

    WEEKLY SUPPORT AND RESISTANCE :-

    SYMBOL TREND R3 R2 R1 PV S1 S2 S3

    SILVER POSITIVE 45170 43470 42430 41780 40730 40080 38400

    Silver Weekly Wrap Up

    OPEN 42310

    HIGH 42820

    LOW 41128

    CLOSE 41379

    % CHANGE -2.23%

    NET

    CHANGE

    -947

    OI 13375

    VOLUM 78300

    TREND Negative

    SILVER(MAY) STRATEGY LEVEL TGT-1 TGT-2 STOP LOSS

    BUY BUY ABOVE 41000-41100 41800 42400 40600

    SELL SELL BELOW 41900 41000 40600 42600

  • FUNDAMENTAL VIEW:- Oil higher on U.S. air strikes against Syria:- Oil pared gains Friday after rising as

    much as 2% in a knee-jerk reaction to U.S. air strikes against Syria. The strikes were against an airbase which the U.S.

    claims was use to launch the chemical bombing of a rebel-held area. The move sparked concerns about a possible dis-

    ruption to oil supplies. Major producers Russia and Iran are backers of the Syrian regime.

    TECHNICAL VIEW:- The commodity took back its Wednesday losses to close higher on Thursday.

    On the downside, support resides at the 51.00 level where a break will expose the 50.00 level. A cut through here will

    set the stage for a run at the 49.00 level. Further down, support resides at the 48.00 level. On the upside, resistance

    resides at the 52.00 level. Further out, resistance comes in at the 53.00 level. A break above here will aim at the 54.00

    level and then the 55.00 level followed by the 56.00 level. Its daily RSI is bullish and pointing higher suggesting fur-

    ther strength. All in all, crude oil remains biased to the upside short term. There is crude oil level par day increase

    now this time crude oil closed at 3362 and we had seen it down around 3070 in the before this week and now this

    week crude high level was 3390 that is why we should buy it all correction . it can be upside around 3490

    TRADING STRATEGY:-

    WEEKLY SUPPORT AND RESISTANCE :-

    SYMBOL TREND R3 R2 R1 PV S1 S2 S3

    CRUDE OIL BULLISH 3605 3475 3420 3345 3285 3210 3080

    Crude oil Weekly Wrap

    Up

    OPEN 3276

    HIGH 3399

    LOW 3268

    CLOSE 3362

    % CHANGE 2.37%

    NET

    CHANGE

    +78

    OI 7012

    VOLUM 788554

    TREND Positive

    CRUDE OIL(APR) STRATEGY LEVEL TGT-1 TGT-2 STOP LOSS

    BUY BUY ABOVE 3280-3340 3450 3590 3190

  • FUNDAMENTAL VIEW:- U.S. natural gas extends gains after weekly storage data :- U.S. natural gas futures edged higher on Thursday, extending gains after data showed that natural gas supplies in stor-age in the U.S. rose less than expected last week. Total natural gas in storage currently stands at 2.051 tril-lion cubic feet, according to the U.S. Energy Information Administration, 17.2% lower than levels at this time a year ago but 12.9% above the five-year average for this time of year. Meanwhile, traders monitored shifting weather forecasts to assess the outlook for early-spring demand and supply levels. Over-all, an active spring pattern is expected the next two weeks across most parts of the U.S. with swings in demand between slightly lighter and stronger than normal every few days, according to forecasters at NatGasWeather.com. Natural gas prices have closely tracked weather forecasts TECHNICAL VIEW:- : Natural gas markets had a volatile week, going back and forth but ending up rela-tively positive. Because of this, the market looks as if it is going to continue the volatility that we have seen as of late, offering short-term trading opportunities mainly. Because of the breaking of the $3.25 level though, I do believe that the buyers have more control than the sellers. Buying on dips might be the way to go, but its going to be very difficult to place a longer-term position on at the moment. Natural Gas did not touch last week open and natural gas this week given us new high level of 217 and closed around 210.20 so we can buy it around 205-208 target around 215 225 Stoop Loss of 191.50.

    TRADING STRATEGY:-

    WEEKLY SUPPORT AND RESISTANCE:-

    SYMBOL TREND R3 R2 R1 PV S1 S2 S3

    NATURAL

    GAS

    BEARISH 238 224.50 217.50 210.50 203.50 197 183

    N.gas Weekly Wrap Up

    OPEN 207.90

    HIGH 217.50

    LOW 203.80

    CLOSE 210.20

    %

    CHANGE

    2.13%

    NET

    CHANGE

    4.40

    OI 244974

    VOLUM 302128

    TREND Negative

    N.GAS(APR) STRATEGY LEVEL TGT-1 TGT-2 STOP LOSS

    BUY BUY ABOVE 205-208 218 227 190

  • FUNDAMENTAL VIEW:- Expect Copper prices likely to trade volatile:- Copper fell on Friday after a

    U.S. missile strike on Syria prompted investors to move out of riskier assets while the biggest sell-off in Chi-

    nese steel futures in two months spilled over into industrial metals.

    TECHNICAL VIEW:- Copper price lost its positive momentum due to stochastic decline below 50 level, forc-

    ing the price to provide weekly negative trading as appears on chart, but the price stability above 2.5700 key

    support confirms our bullish overview for the upcoming period, to keep waiting to gather new bullish momen-

    tum followed by extending trading towards 2.8000 that forms the first positive station for the bullish bias. mcx

    copper had been going to down since last 3 weeks. That was it had not breached of the last week high we can

    see it more down around 360 if it break 370 then, otherwise we can buy it above 385.50 above to target of 398

    And maintain stoop loss of 374

    TRADING STRATEGY:-

    WEEKLY SUPPORT AND RESISTANCE:-

    SYMBOL TREND R3 R2 R1 PV S1 S2 S3

    COPPER BULLISH 411 394.50 385.50 378 369 361.50 345

    Copper Weekly Wrap Up

    OPEN 380.80

    HIGH 387

    LOW 370.60

    CLOSE 376.80

    % CHANGE -1.03%

    NET

    CHANGE

    -3.95

    OI 15395

    VOLUM 233045

    TREND Positive

    COPPER(APR) STRATEGY LEVEL TGT-1 TGT-2 STOP LOSS

    BUY BUY ABOVE 385.50 395 408 372

    SELL SELL BELOW 372 360 350 382

  • PRODUCT RECOMMENDATIONS P&L STATUS

    GOLD

    BUY GOLD ABOVE 28650 -28750 TGT 28950 29150 SL 28300 25000 1ST TGT ACHIEVED

    SELL GOLD BELOW 28350 TGT 27850 ,27450 SL 28651 0 NOT EXECUTED

    SILVER

    BUY SILVER ABOVE 42850 TGT 43350 43750 SL