KEDIA COMMODITY COMTRADE PVT. LTD

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1 Daily Commodity Report as on Wednesday, September 13, 217 KEDIA COMMODITY COMTRADE PVT. LTD Now follow us on Wednesday, September 13, 217 Page No : 1

2 Item Open High Low Close % Cng OI Trend Item Open High Low Close % Cng OI Trend Gold Silver Precious Metals Precious Metals Gold $ Silver $ Alum. Copper Lead Nickel Zinc Base Metal LME Base Metal Aluminium $ Copper $ Lead $ Nickel $ Zinc $ Energy Energy Crude Crude $ Nat. Gas Nat. Gas $ Turmeric Jeera Cardamom Dhaniya Pepper Spices Currency USD-INR EUR-INR JPY-INR GBP-INR Heat Map Guarseed Others Mentha oil Gold Silver Crude oil Crude Palm Oil Kapas RM Seed Natural Gas Copper Zinc Cocudakl SoyaBean Ref. Soya Oil Nickel Lead Aluminium Castorseed Chana Turmeric Jeera Dhaniya SugarM Soyabean Ref Soyoil Rmseed Guarseed Mentha Oil Wednesday, September 13, 217 Page No : 2

3 GOLD CRUDE COPPER Bullion trading in range as a lull in geopolitical tensions spurred a pick-up in investor appetite for riskier assets such as equities. Crude oil prices continued to trade with positive bias amid hopes that OPEC can re-balance oil markets. Base metals markets are looking ahead to data from China on new loans, investment and industrial production due this week for clues. Sell on jump Range bound ive MENTHA OIL NAT.GAS SOYABEAN Mentha oil prices trading above 12 level looks positive to test level Natural gas prices a jump towards level will look to sell Soyabean prices trading above 31 level looks firm to test level Firm Sell on jump Positive TODAYS TRADING CALLS SELL GOLD OCT 2995 SL 31 TGT MCX BUY SOYABEAN OCT 39 SL 36 TGT NCDEX SELL SILVER DEC 4125 SL 4155 TGT MCX SELL REF SOYA OCT 67. SL 673. TGT NCDEX BUY CRUDEOIL SEP 37 SL 34 TGT MCX BUY RMSEED OCT 381 SL 377 TGT NCDEX BUY COPPER NOV 428. SL 425. TGT MCX BUY GUARSEED OCT 38 SL 375 TGT NCDEX BUY ZINC SEP SL 194. TGT MCX BUY TURMERIC OCT 765 SL 75 TGT NCDEX BUY NICKEL SEP 752. SL 74. TGT MCX BUY JEERA OCT 191 SL 1898 TGT NCDEX SELL NAT GAS SEP 194. SL 197. TGT MCX BUY CPO SEP 538. SL 535. TGT MCX BUY ALUMINIUM SEP SL 132. TGT MCX SELL MAIZE OCT 13 SL 1315 TGT NCDEX BUY MENTHAOIL SEP SL TGT MCX BUY CARDAMOM OCT 123. SL 12. TGT MCX Wednesday, September 13, 217 Page No : 3

4 Potential Active Trading Strategies with Performance Date Base Call Profit /Loss Remark 23-Aug MCX BUY MENTHAOIL Past Call Performance 1-Sep MCX TECH: SELL LEAD SL ABV TGT BOOKED AT Sep NCDEX TECH: BUY TURMERIC 7324 SL BELOW 72 TGT BOOKED AT Aug MCX TECH: SELL SILVER 3898 SL ABV 3934 TGT BOOKED AT Aug MCX TECH: SELL REF.SOYA OIL SL ABV 678 TGT BOOKED AT Aug MCX SELL GOLD BELOW 2915 SL ABV 2952 TGT BOOKED AT Aug MCX TECH: SELL SILVER SEPT BELOW 3928 SL ABV 3959 TGT BOOKED AT Aug MCX BUY SILVERMINI 378 SL BELOW 368 TGT BOOKED AT Aug NCDEX TECH: SELL CASTOR 457 SL ABV 4615 TGT Jul 21-Jul TECH: BUY NICKEL AUG ABV 645 ADD TILL 61 SL BELOW 57 TGT MCX MCX TECH: BUY LEAD ABV 142 SL BELOW TGT BOOKED AT 4515 BOOKED AT 72.5 BOOKED AT Jul NCDEX TECH: BUY COCUDAKL ABV 168 SL BELOW 155 TGT Jul TECH: SELL JEERA AUG BELOW 197 SL ABV 23 TGT NCDEX Jun MCX BUY SILVERMNI JUNE ABV 399 SL BELOW 39 TGT MCX 5-Jul BUY GUARSEED 338 ADD ON DROP TILL 32 SL BELOW NCDEX 3 TGT May MCX BUY SILVER 3986 ADD TILL 3878 SL BELOW 38 TGT May MCX BUY SILVER 3868 ADD TILL 376 SL BELOW 368 TGT May MCX BUY CRUDEOIL ABOVE 3165 ADD ON DROP TILL 34 SL BELOW 295 TGT BOOKED AT BOOKED AT BOOKED AT 1918 BOOKED AT BOOKED AT 3225 Wednesday, September 13, 217 Page No : 4

5 MONTH OPEN HIGH LOW CLOSE CRUDE OIL OI RS. Sep Sep Oct Oct Crude oil continued to trade with positive bias amid hopes that Sep 217 Res 1 Res 2 Res 3 OPEC can re-balance oil markets. Sep 217 Res 1 Res 2 Res MONTH MONTH NATURAL GAS Sep Oct Oct Nov Natural gas edged higher as concerns over the impact of Sep 217 Res 1 Res 2 Res 3 Oct 217 Res 1 Res 2 Res Hurricane Irma faded away. MONTH MONTH ZINC Sep Sep Oct Oct Zinc prices dropped pressured by profit-taking and worries over Sep 217 Res 1 Res 2 Res 3 Sep 217 Res 1 Res 2 Res the outlook for Chinese demand. MONTH MONTH LEAD % Sep Oct Oct Dec Positive Sep 217 Res 1 Res 2 Res 3 Oct 217 Res 1 Res 2 Res MONTH MONTH ALUMINIUM VOL DAILY TRADING LEVELS WITH TREND Sep Oct Oct Nov Aluminium gains amid a wave of bargain hunters buying up on recent price dips as financial Negative Sep 217 Res 1 Res 2 Res 3 Oct 217 Res 1 Res 2 Res markets responded positively to MONTH easing of Hurricane Irma. MONTH MONTH OPEN HIGH LOW CLOSE MENTHA OIL REF. SOYA OIL COTTON OI CRUDE PALM OIL SUGAR-M RS. % VOL Mentha oil gains amid short covering tracking firmness in spot demand after prices dropped due to tracking higher supply. Ref.Soyaoil on NCDEX settled up tracking firmness in spot demand. Crude palm oil gains driven by a fall in production and higher exports that kept inventory numbers lower than expected. Positive Wednesday, September 13, 217 Page No : 5

6 MONTH OPEN HIGH LOW CLOSE OI VOL MONTH OPEN HIGH RS. % NICKEL Sep Oct Oct Nov Nickel prices gained amid a wave of bargain hunters buying up on Sep 217 Res 1 Res 2 Res 3 recent price dips as financial Oct 217 Res 1 Res 2 Res markets responded positively. MONTH MONTH CHANA Oct Oct Nov Nov Positive Oct 217 Res 1 Res 2 Res 3 Oct 217 Res 1 Res 2 Res MONTH MONTH MUSTARD SEED TURMERIC Oct Oct Nov Nov Mustard prices ended with losses on continued profit booking due Oct 217 Res 1 Res 2 Res 3 Oct 217 Res 1 Res 2 Res to weak physical demand. MONTH MONTH SOYABEAN Oct Oct Nov Nov Soyabean prices ended with gains because of the lower Oct 217 Res 1 Res 2 Res 3 output, which would limit Oct 217 Res 1 Res 2 Res soymeal exports. MONTH MONTH JEERA DAILY TRADING LEVELS WITH TREND Oct Dec Nov Jan Jeera settled flat paring its gains after prices seen supported because of depleted stocks and Negative Oct 217 Res 1 Res 2 Res 3 expectations of good export Dec 217 Res 1 Res 2 Res MONTH demand. MONTH LOW CLOSE CARDAMOM PEPPER GUARSEED COCUDAKL OI RS. % Cardamom prices gained as good demand has a slight edge over the supply. Negative Negative VOL Turmeric ended with gains due to anticipations of lower output because of insufficient rains in major producing states. Wednesday, September 13, 217 Page No : 6

7 TIME DATE CUR DATA FORECAST PREVIOUS IST Wed 11:3am EUR German WPI m/m Commodi Last Stock 11:3am EUR German Final CPI m/m.1.1 COPPER :3pm EUR Employment Change q/q.3.4 ALUMINIU TIN 2:3pm EUR Industrial Production m/m -.6 NICKEL Tentative EUR German 1-y Bond Auction LEAD :pm USD PPI m/m.. TIN NICKEL 6:pm USD Core PPI m/m ZINC :pm USD Crude Oil Inventories 4.1M 4.6M 1:31pm USD 3-y Bond Auction :3pm USD Federal Budget Balance B -42.9B Comm. Copper Zinc Nickel Lead Aluminium Cng Stocks ZINC ALUMINIUM COPPER LME STOCK COMMODITIES MCX GOLD MCX SILVER MCX COPPER MCX CRUDE CRUDE $ GOLD $ SILVER $ USDINR Close ance Special Remark Gold prices on MCX look weak to test level while Silver can test 48 level Copper prices trading above 43 level looks firm to test level Overall crude oil prices looks to to trade in the range of level while on Nymex range is 47.5$-49.5$ Gold$ prices a jump towards 1334$- 1336$ will look to sell as trend remains weak to test 1327$-1324$ while Silver$ looks to test 17.7$ USDINR looks to trade in the range of level Wednesday, September 13, 217 Page No : 7

8 DAILY SPREAD UPDATE Spread Matrix for Gold Spread Matrix for Silver Spread Matrix for Crude oil MONTH RATE OCT DEC FEB MONTH RATE DEC MAR MAY MONTH RATE SEP OCT NOV OCT DEC SEP DEC MAR OCT FEB 312 MAY 4261 NOV 3164 Spread Matrix for Copper Spread Matrix for Zinc Spread Matrix for Nickel MONTH RATE NOV FEB APR MONTH RATE SEP OCT NOV MONTH RATE SEP OCT NOV NOV SEP SEP FEB OCT OCT APR NOV NOV Spread Matrix for Natural Gas Spread Matrix for Lead Spread Matrix for Menthaoil MONTH RATE SEP OCT NOV MONTH RATE SEP OCT NOV MONTH RATE SEP OCT NOV SEP SEP SEP OCT OCT OCT NOV 27.8 NOV NOV Spread Matrix for Sugarm2 Spread Matrix for Wheat Spread Matrix for Cardamom MONTH RATE OCT DEC MAR MONTH RATE OCT NOV DEC MONTH RATE OCT NOV DEC OCT OCT OCT DEC NOV NOV MAR 3333 DEC 169 DEC Spread Matrix for Jeera Spread Matrix for Turmeric Spread Matrix for Soyabean MONTH RATE OCT NOV DEC MONTH RATE OCT NOV DEC MONTH RATE OCT NOV DEC OCT OCT OCT NOV NOV NOV DEC DEC DEC 327. Wednesday, September 13, 217 Page No : 8

9 NEWS YOU CAN USE China posted stronger-than-expected import growth in August, reinforcing views that the world s second-largest economy is still expanding at a healthy pace despite tighter policy. China s imports grew 13.3 percent from a year earlier, official data showed, handily beating analysts forecast of 1 percent, after rising 11. percent in July. Imports of industrial commodities continued to lead the way as soaring steel prices boost Chinese mills appetite for high-quality foreign iron ore. Exports showed some signs of softening, however, with growth cooling to 5.5 percent from a year earlier, roughly in line with analysts forecasts for a 6. percent increase but down from 7.2 percent in July. Export growth was the slowest since shipments fell in February, but may not necessarily suggest broader global demand is faltering. Germany s BGA trade association now expects German exports to rise 5 percent in 217, double its earlier forecast, Die Welt newspaper reported. Global manufacturing activity also expanded strongly in August, adding to views that demand was holding up in the current quarter. Also, China has tended to lag export trends seen elsewhere in North Asia this year. Neighbouring South Korea last week posted sharply higher shipments for August. Some Chinese exporters have been complaining of losses due to a sharp turnaround in the yuan currency, which has now gained around 7 percent against the U.S. dollar so far this year, much of it in the past few months. The Federal Reserve should continue gradually raising U.S. interest rates given low inflation should rebound, an influential Fed policymaker said in speech that sounded slightly less confident than his previous hawkish comments in the face of weak price readings. New York Fed President William Dudley did not repeat an assertion three weeks ago that he expects to raise rates once more this year, and he called the persistent shortfall in prices surprising. Yet he reinforced the U.S. central bank's general expectation that an inflation rebound is around the corner, allowing it to continue tightening monetary policy before too long. The comments reflect intellectual divisions within the Fed and could whip-saw investor expectations since they come two days after a Fed governor, Lael Brainard, expressed deeper concern over the inflation data. "Even though inflation is currently somewhat below our longer-run objective, I judge that it is still appropriate to continue to remove monetary policy accommodation gradually," said Dudley, a permanent voter on policy and a close ally of Fed Chair Janet Yellen. The central bank has raised rates twice this year in a nod to decent economic growth, falling unemployment and solid job gains. Yet months of falling or flat inflation readings have flummoxed policymakers and caused investors to grow skeptical of a December rate hike, as implied in Fed forecasts from June. The European Central Bank may decide on the future of its massive stimulus in October even as policymakers are worried about the risks that a strengthening euro pose to the inflation outlook, the bank's chief Mario Draghi said. "This autumn we will decide on the calibration of our policy instruments beyond the end of the year," ECB President Draghi said in his post-decision press conference in Frankfurt. Policymakers held "very preliminary" discussions on quantitative easing this time, while policy sequencing and bond scarcity issues were not discussed, Draghi told reporters. The pros and cons of various policy scenarios were discussed and "probably the bulk of these decisions will be taken in October", he said. The Governing Council kept all its three interest rates unchanged for a twelfth consecutive policy session and retained its monthly asset purchases of EUR 6 billion that are set to run till December 217. The size was reduced in March from EUR 8 billion. Interest rates are expected to remain at present levels for an extended period of time, and well past the horizon of our net asset purchases, Draghi reiterated. The country's sugar production is estimated to rise 24 per cent to 25.1 million tonnes in the next marketing year starting October on higher sugarcane area, according to Indian Sugar Mills Association. Sugar production in India, the world s second largest producer after Brazil, is estimated at 2.2 mt in the ongoing marketing year (October-September). The production is expected to rise in on the back of higher cane area because of good monsoon. Sugar production is estimated at 25.1 million tonnes in against 2.2 million tonnes in the current year, an ISMA spokesperson said. The government had allowed duty free import of 5 lakh tonnes of sugar in April-May this year to boost domestic supply. It is planning to allow more imports to check prices during the upcoming festive season. India s sugar demand is million tonnes annually. Wednesday, September 13, 217 Page No : 9

10 Note: FOR TRIAL CALL ON / Daily price Picks Accuracy of almost 7-8%. Subscribe to our Real Time Tips on Mobile service for Just Rs.75 per Month and get Momentum Daily Picks, Online Tips, Absolutely FREE!!! To subscribe contact , , us at info@kediacommodity.com Contact Details: Kedia Stocks & Commodities Research Pvt Ltd. Mumbai. INDIA.Mobile: / , URL: Buy at supports and sell at target. broken becomes resistance and a resistance broken becomes support. Always use Stop-loss never average loss making positions. This report is based on previous closing. levels may change based on next day s opening price. Please register on the site for daily levels.yahoo messenger id is for getting latest levels on your messenger. The call expires once the target is achieved or the stop-loss is hit.the calls given in this report are valid only for the current day. A trader should understand that, he/she should not carryforward the trade, unless explicitly stated. DateSource:MCX, NCDEX, COMEX, NYMEX, and other Exchange. Disclaimer:The calls made herein are for informational purpose and report contains only the viewpoints. We make no representation or warranty regarding the correctness, accuracy or completeness of any information, and is not responsible for errors of any kind though the information obtained from the sources, which is believed to be reliable. The information contained herein is strictly confidential and is meant for the intended recipients. Any alteration, transmission, photocopied distribution in part or in whole or reproduction of any form of the information without prior consent of Kedia Stocks & Commodities Research Pvt Ltd. is prohibited. The information and data are derived from the source that are deemed to be reliable the above calls are based on the theory of Technical Analysis. Neither the company nor its employee is responsible for the Profit (es) &loss (es) arising due to the trader(s). The commodities and derivatives discussed and opinions expressed in this report may not be suitable for all investors falling under different jurisdictions. All futures entail significant risk, which should be fully understood prior to trading. Consult your Investment Advisor / Broker before making any investment. Wednesday, September 13, 217 Page No : 1