COMMODITY MARKET TRENDS 10 MARCH 2014

BASE METAL WRAP: Copper prices edged lower, as investors remained cautious ahead of the release of upcoming U.S. economic data and a policy meeting by the European Central Bank.
CS CRUDE (MARCH) OVERVIEW:
TREND CONSOLIDATE
SUP1:6156
SUP2:6100
RESIST1:6335
RESIST2:6440
TRADING STRATEGY: BUY ON DIPS
CAPITALSTARS.COM +919200099927
ENERGY WRAP: Brent crude fell after exports from China unexpectedly shrank, stoking speculation that the world’s second-largest oil consumer may not reach its economic growth target. West Texas Intermediate was steady.
CS GOLD (APRIL) OVERVIEW:
TREND CONSOLIDATE
SUP1:29880
SUP2:29750
RESIST1:30350
RESIST2:30680
TRADING STRATEGY: BUY ON DIPS
CAPITALSTARS.COM +919200099927
PRECIOUS METAL WRAP: Gold retreated for a second day as U.S. jobs data backed the case for the Federal Reserve to keep on reducing stimulus. Silver, platinum and palladium declined.
CS SILVER (MAY) OVERVIEW:
TREND BEARISH
SUP1:45100
SUP2:44100   
RESIST1:46740
RESIST2:47440
TRADING STRATEGY: SELL ON RISE
CAPITALSTARS.COM +919200099927
GLOBAL EVENTS TO WATCH: Italian Industrial Production m/m, FOMC Member Plosser Speaks.
CS COPPER (APRIL) OVERVIEW:
TREND BEARISH
SUP1:405
SUP2:393
RESIST1:422
RESIST2:428
TRADING STRATEGY: SELL ON RISE
CAPITALSTARS.COM +919200099927