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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: [email protected] Telephone :+91-731-698.3000

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 it’s 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 42200 BELOW 0 NOT EXECUTED

SELL SILVER BELOW 41800 TGT 41150 40750 SL 42450 ABOVE 19500 1ST TGT ACHIEVED

CRUDE

OIL

BUY CRUDEOIL ABOVE 3305 TGT 3390 3460 SL 3230 8500 1ST TGT ACHIEVED

SELL CRUDEOIL BELOW 3130 TGT 3040 2980 SL 3225 0 NOT EXECUTED

NATURAL

GAS

BUY NATURAL GAS ABOVE 213.20 TGT 224 235 SL 189 -3750 CLOING AT 210.20

SELL NATURAL GAS BELOW 194 TGT 184 175 SL 208 0 NOT EXECUTED

BUY COPPER ABOVE 391 TGT 399 408 SL 380 3200 NOT EXECUTED

COPPER

SELL COPPER BELOW 380 TGT 365 340 SL 392 Not Executed

P&L 52450

MCX

31-03-2017

CLOSING PRICE

07-4-2017

CLOSING PRICE % CHANGED VALUE CHANGED TREND

GOLD(JUN) 28463 28665 +0.70% +202 BULLISH

SILVER(MAY) 42326 41379 -2.23% -947 BULLISH

CRUDE OIL(APR) 3284 3362 +2.37% +78 BULLISH

NATURAL GAS(APR) 205.80 210.20 +2.13% +4.40 NEGATIVE

COPPER(APR) 380.75 376.80 -1.03% -3.95 BULLISH

NICKEL(APR) 651 656.50 +0.84% +5.50 BULLISH

LEAD(APR) 151 145.20 -3.84% -5.80 BEARISH

ZINC(APR) 181 172.20 -4.86% -8.80 BULLISH

ALUMINIUM(APR) 126.80 125.90 -0.70% -0.90 BULLISH

Time Cur. Event Actual Forecast Previous

Monday, April 10, 2017

8:35 USD FOMC Member Bullard Speaks

11:00 USD Investing.com Gold Index 67.10% 67.20%

Tuesday, April 11, 2017

1:40 USD Fed Chair Yellen Speaks

Wednesday, April 12, 2017

16:30 USD OPEC Monthly Report

18:00 USD Export Price Index (MoM) (Mar) 0.10% 0.30%

18:00 USD Import Price Index (MoM) (Mar) -0.20% 0.20%

19:30 USD FOMC Member Kaplan Speaks

20:00 USD Cushing Crude Oil Inventories 1.413M

23:30 USD Federal Budget Balance (Mar) -150.0B -192.0B

Thursday, April 13, 2017

14:30 USD IEA Monthly Report

18:00 USD Core PPI (MoM) (Mar) 0.20% 0.30%

18:00 USD Initial Jobless Claims 242K 234K

18:00 USD PPI (MoM) (Mar) 0.00% 0.30%

19:30 USD Michigan Consumer Expectations (Apr) 86.5

19:30 USD Michigan Consumer Sentiment (Apr) 96.6 96.9

22:30 USD U.S. Baker Hughes Oil Rig Count 672

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