HIGH BROW MARKET RESEARCH INVESTMENT ADVISOR PVT. LTD.

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1 HIGH BROW MARKET RESEARCH INVESTMENT ADVISOR PVT. LTD.

2 Market Wrap-Up Commodity Contract Previous Close MCX Market Wrap-Up Open High Low Close NCDEX Market Wrap-Up % Change in Price % Change in Open Interest % Change in Volume Aluminium 29-Jun % 4.42% -4.28% Copper 29-Jun % % 79.80% Crude Oil 19-Jun % % % Gold 03-Aug % -1.80% % Lead 29-Jun % 28.58% 43.86% Natural Gas 26-Jun % -6.59% -0.27% Nickel 29-Jun % -1.30% % Silver 05-Jul % % -4.16% Zinc 29-Jun % 63.52% % Commodity Contract Previous Close Open High Low Close % Change in Price % Change in Open Interest % Change in Volume Castor Seed 20-Jun % -1.33% -3.74% Chana 20-Jun % 7.00% 99.59% Dhaniya 20-Jun % -0.95% 21.80% COCUDAKL 20-Jun % -4.86% % Guargum5 20-Jun % -0.99% 89.57% Guarseed10 20-Jun % -7.54% % Jeera 20-Jun % 0.65% % RMseed 20-Jun % 3.56% 14.74% Ref Soya Oil 20-Jun % 2.27% % Soyabean 20-Jun % % % Turmeric 20-Jun % -5.52% % Mentha Oil 29-Jun % 30.37% 61.48% Currency Pair Contract Previous Close Currency Market Wrap-Up Open High Low Close Change in Price (in%) USDINR 27-Jun % GBPINR 27-Jun % JPYINR 27-Jun % EURINR 27-Jun % Continued. 2 Copyright 2018 Ways2Capital. All rights reserved 12/06/2018

3 Market Wrap-Up Commodity Exchange Previous Close International Market Wrap-up Open High Low Close % Change in Price Aluminium LME % Copper COMEX % Crude Oil NYMEX % Gold COMEX % Lead LME % Natural Gas NYMEX % Nickel LME % Silver COMEX % Zinc LME % 3 Copyright 2018 Ways2Capital. All rights reserved 12/06/2018

4 Inventory Updates Commodity Closing In Tonnes (As on 8th June 2018) LME Inventory Closing In Tonnes (As on 1st June 2018) % Change in Price Copper % Nickel % Lead % Zinc % Aluminium % Continued. 4 Copyright 2018 Ways2Capital. All rights reserved 12/06/2018

5 Inventory Updates 5 Copyright 2018 Ways2Capital. All rights reserved 12/06/2018

6 Market Next Week Monday, June 11, :00 GBP Industrial Production (MoM) (Apr) 0.30% 0.10% 14:00 GBP Manufacturing Production (MoM) (Apr) B -0.10% 14:00 GBP Trade Balance (Apr) -3.20B B 14:00 GBP Trade Balance Non-EU (Apr) -3.79B Tuesday, June 12, :00 GBP Average Earnings Index +Bonus (Apr) 2.60% 2.60% 14:00 GBP Employment Change 3M/3M (MoM) 124.0K 197.0K 14:00 GBP Unemployment Rate (Apr) 4.20% 4.20% 16:50 USD OPEC Monthly Report 18:00 USD Core CPI (MoM) (May) 0.20% 0.10% 18:00 USD CPI (MoM) (May) 0.20% 0.20% 23:30 USD Federal Budget Balance (May) B 214.0B Wednesday, June 13, :00 GBP CPI (MoM) (May) 0.40% 0.40% 18:00 USD Core PPI (MoM) (May) 0.20% 0.20% 18:00 USD PPI (MoM) (May) 0.30% 0.10% 20:00 USD Crude Oil Inventories M 2.072M 23:30 USD FOMC Economic Projections 23:30 USD FOMC Statement Upcoming Economic Events Calender Time Currency Event Forecast Previous 23:30 USD Fed Interest Rate Decision 2.00% 1.75% Thursday, June 14, :30 CNY Industrial Production (YoY) (May) 6.90% 7.00% 14:00 GBP Core Retail Sales (MoM) (May) 0.30% 1.30% 14:00 GBP Retail Sales (MoM) (May) 0.50% 1.60% 18:00 USD Core Retail Sales (MoM) (May) 0.50% 0.30% 18:00 USD Export Price Index (MoM) (May) 0.40% 0.60% 18:00 USD Import Price Index (MoM) (May) 0.50% 0.30% 18:00 USD Initial Jobless Claims 222K 222K 18:00 USD Retail Sales (MoM) (May) 0.40% 0.20% Friday, June 15, :45 USD Industrial Production (MoM) (May) 0.20% 0.70% 19:30 USD Michigan Consumer Sentiment (Jun) Currency Weekly Pivots Currency Pair Contract R3 R2 R1 PP S1 S2 S3 USDINR 27-Jun GBPINR 27-Jun JPYINR 27-Jun EURINR 27-Jun Continued. 6 Copyright 2018 Ways2Capital. All rights reserved 12/06/2018

7 Market Next Week MCX Weekly Pivots Commodity Contract R3 R2 R1 PP S1 S2 S3 Aluminium 29-Jun Copper 29-Jun Crude Oil 19-Jun Gold 03-Aug Lead 29-Jun Natural Gas 26-Jun Nickel 29-Jun Silver 05-Jul Zinc 29-Jun NCDEX Weekly Pivots Commodity Contract R3 R2 R1 PP S1 S2 S3 Castor Seed 20-Jun Chana 20-Jun Dhaniya 20-Jun COCUDAKL 20-Jun Guargum5 20-Jun Guarseed10 20-Jun Jeera 20-Jun RMseed 20-Jun Ref Soya Oil 20-Jun Soyabean 20-Jun Turmeric 20-Jun Mentha Oil 29-Jun Copyright 2018 Ways2Capital. All rights reserved 12/06/2018

8 MCX Fundamentals BULLION Gold prices fell nearly 1 percent last week as supply remained dominant on higher levels. Distribution can be seen for last few weeks as prices are not approaching towards new highs that were seen last in April month.one can expect prices to find immediate hurdle near Rs mark whereas Rs as key region of resistance for the week. On the other hand prices are getting support near Rs mark and a convincing break below the same can allow prices to witness some serious pressure towards Rs level. Trade tensions remain in the markets ahead of the G7 summit, which will include talks on the US-instigated global trade dispute. BASE METALS Threemonth base metals prices on the London Metal Exchange consolidated on the morning of Friday June 8 amid concerns that the latest trade figures from China could stoke further trade tensions.this as world leaders gather in Canada for the 44th G7 Summit where likely topics for discussion include global economic issues such as trade relations and tariffs. ENERGY Anxiety amongst the oil traders was clearly visible as counter continued its losing streak for the second week in a row. The decline was strong and now over extended with RSI trading in oversold zone close to 22 on four hourly charts.keeping in view the price structure a small bounce is on the cards which will take prices to next resistance levels of Rs.4550 from where fresh sellers are expected to step in.it was a tough bout for bears as decline in the energy counter could not sustain and prices recouped by end of the week closing lower by 0.5% at Rs Bulls gained strength as prices witnessed a bounce from 20 EMA on daily charts. 8 Copyright 2018 Ways2Capital. All rights reserved 12/06/2018

9 NCDEX Fundamentals SPICES There was no strong movement for Jeer even as prices traded slight firm with markets finding immediate support near the mark even as lack of strong demand amidst moderate arrivals prevented strong recovery in Jeer rates. Rising export demand from China amidst falling arrivals kept supporting the price. Slight. weak trend persisted for Turmeric with good monsoon reports pressurizing prices. Prospects of rising export and domestic demand could support prices but early arrival of Monsoon and its expected favourable impact on the new crop sowing kept uptrend limited. OILSEEDS Edible oil market was subdued as there was no favourable news regarding possibilities of further hike in import duties. Futures have reversed the gains in last 8-10 trading sessions. The upward trend had eased of late mainly due to weak tone in palm oil and soy bean. The USDA report released this month was perceived as neutral from price movement perspective therefore with futures now trading reasonably lower possibility for a long lasting downward movement seems lesser for the current month.mentha Oil prices stabilized at these levels as rains in growing areas in UP have created apprehensions of that having adverse impact on the harvesting of the crop. GUAR COMPLEX Prices found some support at these lower levels even as sentiments remained weak on good monsoon reports. However market sources anticipate further fall to be limited with no bearishness in overall Fundamental factors as such. There is still time for monsoon to reach growing areas in Rajasthan. Prices are falling due to bearish market perceptions for now. OTHERS RM seed commenced the session on strong note but profit taking due to weakness in soybean and edible oils pushed closing prices slightly lower. However In forthcoming sessions summer demand lowering arrivals and drop in the crop acreage shall be influential in keeping the upward trend intact. As broad based view is bullish futures are able to recover sharply whenever sharp fall occurs.rates shot up for Cotton on the International and domestic markets as fundamentals remained strong as per Cotton Association of India (CAI) Indian production for has been lowered by 5 lakh bales of 170 kg each to 362 lakh bales. 9 Copyright 2018 Ways2Capital. All rights reserved 12/06/2018

10 Calls of the Week (MCX) GOLD Last week Gold started the week on positive note and continued the same for the entire week. It made a high of during the week and closed at with the overall gain of almost 1% on weekly basis. Market is continuously sustaining above the level of indicating bullish trend from short term to mid term basis. Technically it formed Bullish Engulfing Candlestick pattern on the weekly chart with the RSI entering in to the positive territory and for this week, we can expect further upside movement in it. For this week, if it breaks the level of then it can test the level of during the week. One can make buy position in it by maintaining a SL WEEKLY STRATEGY PERTICULAR DETAILS Action Buy Entry Range ABOVE Target SL COPPER After strong bull rally market is forming double top formation on higher level indicating short term recovery in copper. Last week Copper started the week on positive note and close with the overall gain of 7% on weekly level, but found enough resistance near the level of490 level.technically it consolidating on the charts with the negative bias & RSI and for this week, we can expect downside movement in it. For this week, if it breaks the level of 482 then it can test the level of 467 during the week. One can make sell position in it by maintaining a SL 489 WEEKLY STRATEGY PERTICULAR DETAILS Action Sell Entry Range Below 482 Target 467 SL Copyright 2018 Ways2Capital. All rights reserved 12/06/2018

11 Calls of the Week (NCDEX) COCKUDAKL From last couple of trading days market is trading with the positive sentiment, as the level of 1300 reacting as a strong support level. We are expecting that market can still trade with the bullish trend for this week to the level of 1660 and then Last week market started the week on positive note and continue the same for the entire week. It made a high of 1463 during the week with overall gain of 4% on weekly basis. For this week, if it breaks the level of 1510 then it can test the level of 1660 during the week. One can make buy position in it by maintaining a SL WEEKLY STRATEGY PERTICULAR DETAILS Action Buy Entry Range Above 1510 Target 1660 SL 1450 DHANIYA Market is continuously trading with the negative trend and we can expect further down trend movement in it for this week also supported by 100 days moving average. It made a low of 4186 during the week and closed at the level of 4222 with overall loss of 2.30% on weekly basis. Technically it consolidating on the charts with the negative bias & RSI and for this week, we can expect downside movement in it. For this week, if it breaks the level of 4240 then it can test the level of 4090 during the week. One can make sell position in it by maintaining a SL 4305 WEEKLY STRATEGY PERTICULAR DETAILS Action Sell Entry Range Below 4240 Target 4090 SL Copyright 2018 Ways2Capital. All rights reserved 12/06/2018

12 Calls of the Week (FOREX) JPYINR Last week JPYINR Jun Futures started the week on negative note and made a low of but till the end of the week, all of its earlier losses were erased and it closed at with the overall gain of 0.62% on weekly basis. Technically it consolidating on the charts with the negative bias & RSI and for this week, we can expect downside movement in it. For this week, if it breaks the level of then it can test the level of during the week. One can make sell position in it by maintaining a SL WEEKLY STRATEGY PERTICULAR DETAILS Action Sell Entry Range Below Target SL EURINR Last week EURINR Jun Futures started the week on positive note and continued the same for the entire week. It made a high of during the week and closed at with the overall gain of almost 1% on weekly basis. Technically it formed Bullish Engulfing Candlestick pattern on the weekly chart with the RSI entering in to the positive territory and for this week, we can expect further upside movement in it. For this week, if it breaks the level of then it can test the level of during the week. One can make buy position in it by maintaining a SL WEEKLY STRATEGY PERTICULAR DETAILS Action Buy Entry Range Below Target SL Copyright 2018 Ways2Capital. All rights reserved 12/06/2018

13 Disclaimer LEGAL DISCLAIMER ( क न न अस व करण) : This Document has been prepared by Ways2Capital (A Division of High Brow Market Research Investment Advisor Pvt Ltd). The information, analysis and estimates contained herein are based on Ways2Capital Equity/Commodities Research assessment and have been obtained from sources believed to be reliable. This document is meant for the use of the intended recipient only. यह दस त व ज Ways2Capital (ह ई ब र म क ट अन सध न ननव श सल हक र प र इव ट नलनमट ड क एक भ ग) द व र त य र ककय गय ह यह पर द गई ज नक र, नवश ल षण और अन म न Ways2Capital इक ट / कम नडट अन सध न क म लय कन पर आध ररत ह और नवश वसन य स र त स प र प त क गई ह यह दस त व ज क वल इनछ त प र प तकत क उपय ग क नलए ह ह This document, at best, represents Ways2Capital Equity/Commodities Research opinion and is meant for general information only. Ways2Capital Equity/Commodities Research, its directors, officers or employees shall not in any way to be responsible for the contents stated herein. 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Ltd. or its associates has never served as an officer, director or employee of the subject company; (स) ह ई ब र म क ट अन स ध न ननव श सल हक र प र इव ट नलनमट ड य उसक सहय ग य न नवषय क पन क अनधक र, ननद शक य कम च र क र प म कभ भ क म 13 Copyright 2018 Ways2Capital. All rights reserved 12/06/2018