Trade House 426 Alok Nagar, Kanadia Main Road Near Bangali Square Indore (M.P.) India Mobile :

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1 Trade House 426 Alok Nagar, Kanadia Main Road Near Bangali Square Indore (M.P.) India Mobile : Telephone :

2 Gold Weekly Wrap Up OPEN HIGH FUNDAMENTAL VIEW:- Gold off lows but remains under pressure :- Gold prices traded lower on Friday, despite a dip in the dollar, as investors expectations of a March interest rate hike soared. Top-tier U.S. economic data had little impact on the yellow-metal as investors focused on whether the Federal Reserve will increase interest rates at its next meeting on March 15. Gold is sensitive to moves in U.S. interest rates, which lift the opportunity cost of holding non-yielding assets such as bullion, while boosting the dollar in which it is priced. TECHNICAL VIEW:- MCX Gold late week was bounce back after testing the support level of and forming higher low pattern which indicates further bullish movement is coming week. It is taking resistance of which is near to its 50.00% retracement. If its price manages this resistance level then next resistance can be seen around On southern zone it has crucial support zone of if its breaches then its price may be drag down towards next support level of TRADING STRATEGY:- LOW CLOSE % -2.13% NET -634 OI % OI +46 VOLUM Positive GOLD(APR) STRATEGY LEVEL TGT-1 TGT-2 STOP LOSS BUY BUY ON DIPS SELL SELL ON RISE WEEKLY SUPPORT AND RESISTANCE :- SYMBOL R3 R2 R1 PV S1 S2 S3 GOLD BULLISH

3 Silver Weekly Wrap Up OPEN HIGH LOW CLOSE % NET -1.18% -786 OI % OI +192 VOLUM Positive FUNDAMENTAL VIEW:- White metal loses shine on rate hike worries :-Silver futures were trading lower during afternoon trade in the domestic market last week as investors and speculators exited their positions in the precious metal on slide in safe-haven demand on rising expectations of a US rate hike as early as this month. The higher US interest rates would diminish the demand for non-interest bearing assets such as silver while a higher dollar makes the precious metal more expensive for buyers using other currencies. Meanwhile, more Fed policy-setters Chairwoman Janet Yellen and Vice Chairman Stanley Fischer, are both due to speak later in the day, likely to provide further clues on the Fed's policy path ahead of the March meeting. TECHNICAL VIEW:-MCX Silver last week given good resistance trend line break out and manages its SILVER(MAY) STRATEGY LEVEL TGT-1 TGT-2 STOP LOSS BUY BUY ON DIPS SELL SELL ON RISE higher level. For upcoming week it may continue its uptrend. Now has important resistance level of 44000; SYMBOL R3 R2 R1 PV S1 S2 S3 SILVER POSITIVE if its price manages this resistance level then next resistance can be seen around On downward side

4 Crude oil Weekly Wrap Up OPEN 3620 HIGH 3652 LOW 3520 CLOSE 3557 % -1.63% NET -59 OI 8745 % OI VOLUM Negative FUNDAMENTAL VIEW:- Crude bounces off 3-week lows but gains seen limited - U.S. oil prices bounced off three-week lows on Friday, but gains were expected to remain limited as concerns over U.S. stockpile levels and production continued to weigh. The build-up in U.S. crude oil inventories to record high levels, overshadowed a Reuters survey on Tuesday that found OPEC cut its oil output for a second month in February, following a record high compliance level by OPEC members in January. TECHNICAL VIEW:-MCX crude oil is not able to break its importance resistance level of 3700 and come down. It may continue its weak trend in coming treading sessions. It has important support level of 3550; if its price breaks it then next level can be seen around It has important resistance level of 3700 if its price sustain above this level then next resistance can be seen around CRUDE OIL(FEB) STRATEGY LEVEL TGT-1 TGT-2 STOP LOSS BUY BUY ON DIPS SELL SELL ON RISE TRADING STRATEGY:- SYMBOL R3 R2 R1 PV S1 S2 S3 CRUDE OIL BULLISH

5 N.gas Weekly Wrap Up OPEN HIGH LOW CLOSE 187 % +1.40% NET OI % OI +19 VOLUM Positive FUNDAMENTAL VIEW:- Natural gas futures drop after first inventory build of season :-U.S. natural gas futures were lower last week, adding to losses after data showed that natural gas supplies rose for the first time since last March, cutting the withdrawal season short. TECHNICAL VIEW:- Natural gas showed bearish movement last week except last trading session which drags down towards 197. If the prices sustain above its support level of 168 then the positive momentum will take prices up to 195 level. On other hand if the prices maintain below 268 then the prices can come back down to 150 level. TRADING STRATEGY:- WEEKLY SUPPORT AND RESISTANCE:- N.GAS(JAN) STRATEGY LEVEL TGT-1 TGT-2 STOP LOSS BUY BUY ON DIPS SELL SELL ON RISE SYMBOL R3 R2 R1 PV S1 S2 S3 NATURAL BEARISH

6 Copper Weekly Wrap Up OPEN HIGH LOW CLOSE % +1.16% NET OI % OI VOLUM Positive FUNDAMENTAL VIEW:- Copper futures little changed on global cues :- Copper futures little changed during evening trade in the domestic market on Friday as investors and speculators remained on the sidelines in the industrial metal on firm US dollar on rising expectations of a US rate hike as early as this month. TECHNICAL VIEW:- MCX copper showed breakout of trend line and closed below it. In upcoming trading sessions it may continue its bearish trend. It has crucial support of 387; if it gives break out below this level then next level can be seen around 380. On upward side it has major resistance 395; if its price breaks this level then resistance next level can be seen around 405. TRADING STRATEGY:- COPPER(FEB) STRATEGY LEVEL TGT-1 TGT-2 STOP LOSS BUY BUY ON DIPS SELL SELL ON RISE WEEKLY SUPPORT AND RESISTANCE:- SYMBOL R3 R2 R1 PV S1 S2 S3 COPPER BULLISH

7 PRODUCT RECOMMENDATIONS P&L STATUS BUY GOLD ABOVE TGT 29860,30060 SL BELOW ,000 1st TGT Achieved GOLD SELL GOLD BELOW TGT 29350,29150 SL ABOVE ,000 Both TGT Achieved SILVER BUY SILVER ABOVE TGT SL BELOW st TGT Almost Achieved, High: SELL SILVER BELOW TGT SL ABOVE ,000 1st TGT Achieved CRUDE OIL BUY CRUDEOIL ABOVE 3650 TGT 3750,3850 SL BELOW ,400 Closing SELL CRUDEOIL TGT 3730,3630 SL ABOVE Not Executed NATURAL GAS BUY NATURALGAS ABOVE 175 TGT SL BELOW ,500 1st TGT Achieved SELL NATURALGAS BELOW 195 TGT SL ABOVE ,500 Not Executed BUY COPPER ABOVE 389 TGT SL BELOW ,000 1st TGT Achieved COPPER SELL COPPER BELOW 409 TGT SL ABOVE ,000 1st TGT Achieved P&L +133,100 MCX CLOSING PRICE CLOSING PRICE % D VALUE D GOLD(05 APR) BULLISH % -634 SILVER(03 March) BULLISH % -786 CRUDE OIL(20 March) BULLISH % -59 NATURAL GAS(20 March) BULLISH % COPPER(28 Feb) BULLISH % NICKEL(28 Feb) BULLISH % LEAD(28 Feb) BEARISH % ZINC(28 Feb) BULLISH % ALUMINIUM(28 Feb) BULLISH %

8 TIME CURR. EVENT ACTUAL FORECAST PREVIOUS Monday, February 27, 2017 Time Cur. Event Actual Forecast Previous Monday, March 6, :00 USD Trade Balance (Jan) B B Wednesday, March 8, :45 USD ADP Nonfarm Employment Change (Feb) 190K 246K 19:00 USD Nonfarm Productivity (QoQ) (Q4) 1.50% 1.30% 19:00 USD Unit Labor Costs (QoQ) (Q4) 1.60% 1.70% 21:00 USD Crude Oil Inventories 1.501M 21:00 USD Gasoline Production 0.027M 21:00 USD Heating Oil Stockpiles 0.185M 21:00 USD Gasoline Inventories M 21:00 USD Cushing Crude Oil Inventories 0.495M Thursday, March 9, :00 USD Export Price Index (MoM) (Feb) 0.20% 0.10% 19:00 USD Import Price Index (MoM) (Feb) 0.10% 0.40% 19:00 USD Initial Jobless Claims 223K 21:00 USD Natural Gas Storage 7B Friday, March 10, :00 USD Nonfarm Payrolls (Feb) 190K 227K 19:00 USD Participation Rate (Feb) 62.90% 19:00 USD Private Nonfarm Payrolls (Feb) 195K 237K 19:00 USD Unemployment Rate (Feb) 4.70% 4.80% 20:15 USD Services PMI (Feb) :30 USD ISM Non-Manufacturing PMI (Feb) :45 USD FOMC Member Lacker Speaks 22:45 USD FOMC Member Powell Speaks 23:30 USD U.S. Baker Hughes Oil Rig Count :30 USD Fed Chair Yellen Speaks 23:30 USD FOMC Member Stanley Fischer Speaks

9 This document is solely for the personal information of the recipient, and must not be singularly used as the basis of any investment decision. Nothing in this document should be construed as investment or financial advice. Each recipient of this document should make such investigations as they deem necessary to arrive at an independent evaluation of an investment in the securities of the companies referred to in this document including the merits and risks involved, and should consult their own advisors to determine the merits and risks of such an investment. Reports based on technical and derivative analysis center on studying charts of a stock's price movement, outstanding positions and trading volume. The information in this document has been printed on the basis of publicly available information, internal data and other reliable sources believed to be true, but we do not represent that it is accurate or complete and it should not be relied on as such, as this document is for general guidance only. Trade Nivesh shall not be in any way responsible for any loss or damage that may arise