1 Morning Newsletter

Morning Newsletter (28th– Sep- 2017)

2

Gold prices fell in Asia as the dollar showed gains, making the

commodity priced in greenbacks more expensive for key buyers in

countries such as China and India.

DATA Watch: JAPAN BOJ Gov Kuroda Speaks, US Final GDP q/q,

US Unemployment Claims, US FOMC Member Fischer Speaks.

Precious Metals

28th-Sep-2017

Morning Newsletter

MCX GOLD Daily Chart

GOLD Commentary

Intraday View

Near term View

MCX SILVER Daily Chart SILVER Commentary

Silver has witnessed a negative momentum trade.

DATA Watch: JAPAN BOJ Gov Kuroda Speaks, US Final GDP q/q,

US Unemployment Claims, US FOMC Member Fischer Speaks.

Strategy Corner:

Buy GOLD above 29744 TGT 29809 / 29885 SL 29658

Sell GOLD below 29573 TGT 29507 / 29432 SL 29658

Strategy Corner:

Buy SILVER above 39856 TGT 39920 / 40012 SL 39732

Sell SILVER below 39608 TGT 39545 / 39451 SL 39732

Intraday View

Near term View

3

Crude oil prices fell in Asia with the markets still supported by

supply and demand fundamentals and with the U.S. market eyed

for fresh demand cues if the Trump administration manages to

pass a massive tax cut.

DATA Watch: JAPAN BOJ Gov Kuroda Speaks, US Final GDP q/q,

US Unemployment Claims, US FOMC Member Fischer Speaks.

Energy

31st-July-2017

Morning Newsletter

MCX CRUDE OIL Daily Chart

CRUDE OIL Commentary

MCX NATURAL GAS Daily Chart NATURAL GAS Commentary

Natural Gas has witnessed a high volatility trade due to storage

data.

DATA Watch: US Natural Gas Storage.

Strategy Corner:

Buy CRUDE OIL above 3434 TGT 3444 & 3455 SL 3416

Sell CRUDE OIL below 3398 TGT 3388 & 3377 SL 3416

Strategy Corner:

Buy NG above 203.7 TGT 205 & 206.6 SL 201.8

Sell NG below 199.9 TGT 198.6 & 197 SL 201.8

Intraday View

Near term View

Intraday View

Near term View

Energy

28th-Sep-2017

4

Copper has witnessed a negative range bound trade.

DATA Watch: EUR German Prelim CPI m/m, JAPAN BOJ Gov Ku-

roda Speaks, EUR Spanish Flash CPI y/y, GBP BOE Gov Carney

Speaks, US Final GDP q/q, US Unemployment Claims, US FOMC

Member Fischer Speaks.

Base Metals

31st-July-2017

Morning Newsletter

MCX COPPER Daily Chart

COPPER Commentary

MCX ALUMINIUM Daily Chart ALUMINIUM Commentary

Aluminium has witnessed a negative range bound trade.

DATA Watch: EUR German Prelim CPI m/m, JAPAN BOJ Gov Ku-

roda Speaks, EUR Spanish Flash CPI y/y, GBP BOE Gov Carney

Speaks, US Final GDP q/q, US Unemployment Claims, US FOMC

Member Fischer Speaks.

Strategy Corner:

Buy COPPER above 427.55 TGT 428.55 / 429.85 SL 425.95

Sell COPPER below 424.35 TGT 423.35 / 422.05 SL 425.95

Strategy Corner:

Buy ALUMINIUM above 138.65 TGT 138.95 & 139.35 SL 138.15

Sell ALUMINIUM below 137.65 TGT 137.35 & 136.95 SL 138.15

Intraday View

Near term View

Intraday View

Near term View

Base Metals

28th-Sep-2017

5

Lead has witnessed a negative range bound trade.

DATA Watch: EUR German Prelim CPI m/m, JAPAN BOJ Gov Ku-

roda Speaks, EUR Spanish Flash CPI y/y, GBP BOE Gov Carney

Speaks, US Final GDP q/q, US Unemployment Claims, US FOMC

Member Fischer Speaks.

Base Metals

31st-July-2017

Morning Newsletter

MCX LEAD Daily Chart LEAD Commentary

MCX ZINC Daily Chart ZINC Commentary

Zinc has witnessed a negative range bound trade.

DATA Watch: EUR German Prelim CPI m/m, JAPAN BOJ Gov Ku-

roda Speaks, EUR Spanish Flash CPI y/y, GBP BOE Gov Carney

Speaks, US Final GDP q/q, US Unemployment Claims, US FOMC

Member Fischer Speaks.

MCX NICKEL Daily Chart NICKEL Commentary

Nickel has witnessed a negative range bound trade.

DATA Watch: EUR German Prelim CPI m/m, JAPAN BOJ Gov Ku-

roda Speaks, EUR Spanish Flash CPI y/y.

Strategy Corner:

Buy LEAD above 161.8 TGT 162.35 & 163 SL 161.05

Sell LEAD below 160.3 TGT 159.75 & 159.1 SL 161.05

Strategy Corner:

Buy ZINC above 208.1 TGT 208.95 & 209.9 SL 207.05

Sell ZINC below 206 TGT 205.15 & 204.2 SL 207.05

Strategy Corner:

Buy NICKEL above 678.1 TGT 683.8 & 690.5 SL 670.4

Sell NICKEL below 662.7 TGT 657 & 650.3 SL 670.4

Intraday View

Near term View

Intraday View

Near term View

Intraday View

Near term View

Base Metals

28th-Sep-2017

6 Morning Newsletter

SUPPORTS & RESISTANCES

Commodity S3 S2 S1 Pivot Point R1 R2 R3

GOLD 29432 29507 29583 29658 29734 29809 29885

GOLDM 29448 29523 29598 29673 29748 29823 29898

SILVER 39451 39545 39638 39732 39826 39920 40013

SILVERM 39509 39594 39678 39763 39848 39933 40017

ALUMINIUM 136.95 137.35 137.75 138.15 138.55 138.95 139.35

COPPER 422.05 423.35 424.65 425.95 427.25 428.55 429.85

LEAD 159.1 159.75 160.4 161.05 161.7 162.35 163

ZINC 204.2 205.15 206.1 207.05 208 208.95 209.9

NICKEL 650.3 657 663.7 670.4 677.1 683.8 690.5

CRUDE OIL 3377 3390 3403 3416 3429 3442 3455

NATURAL GAS 197 198.6 200.2 201.8 203.4 205 206.6

Morning Newsletter

31st-July-2017

ECONOMIC CALENDER

Country Economic Event Forecast Previous Time

EUR German Prelim CPI m/m 0.1% 0.1% All Day

JAPAN BOJ Gov Kuroda Speaks - - 12.05 PM

EUR Spanish Flash CPI y/y 1.8% 1.6% 12.30 PM

GBP BOE Gov Carney Speaks - - 1.45 PM

US Final GDP q/q 3.0% 3.0% 6.00 PM

CANADA Unemployment Claims 269K 259K 6.00 PM

US Natural Gas Storage 77B 97B 8.00 PM

Pivot Table & Economic Calendar

28th-Sep-2017

7

RESEARCHED & PREPARED BY

B.KESAVAMOORTHY— SENIOR MANAGER (RESEARCH )

CONTACT NO: 0422-4700840

EMAIL ID: KESAVAMOORTHY.B@SKYCOMMODITIESMAILS.COM

LAL’S

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Morning Newsletter

Morning Newsletter

31st-July-2017

Disclaimer

28th-Sep-2017