Agri & Bullion Commodity Market Level 12 June 2014

Bullion commodity market Level

CS COPPER (JUNE) OVERVIEW:

TREND CONSOLIDATE

SUP1: 397

SUP2:394                            

RESIST1:404

RESIST2:407

TRADING STRATEGY: SELL ON RISE

CAPITALSTARS.COM +919200099927

CS CRUDE (JUNE) OVERVIEW:

TREND BULLISH

SUP1:6150

SUP2:6100

RESIST1:6270

RESIST2:6340

TRADING STRATEGY: BUY ON DIPS

CAPITALSTARS.COM +919200099927

CS GOLD (AUG) OVERVIEW:

TREND BEARISH

SUP1:25940

SUP2:25600

RESIST1:26400

RESIST2:26920

TRADING STRATEGY: SELL ON RISE          

CAPITALSTARS.COM +919200099927

CS SILVER (JULY) OVERVIEW:

TREND CONSOLIDATE

SUP1:40100

SUP2:39800       

RESIST1:40800

RESIST2:41500

TRADING STRATEGY: SELL ON RISE

CAPITALSTARS.COM +919200099927

Agri Commodity market Level

CS CHANA (JULY) OVERVIEW:

TREND BEARISH

SUP1:2740          

SUP2:2650          

RESIST1:2850

RESIST2:2900

TRADING STRATEGY: SELL ON RISE

CAPITALSTARS.COM +919200099927

CS JEERA (JULY) OVERVIEW:

TREND CONSOLIDATE

SUP1:10830

SUP2:10700

RESIST1:11125

RESIST2:11250

TRADING STRATEGY: SELL ON RISE

CAPITALSTARS.COM +919200099927

CS TURMERIC (JULY) OVERVIEW:

TREND CONSOLIDATE

SUP1:5850

SUP2:5750

RESIST1:6070

RESIST2:6150

TRADING STRATEGY: SELL ON RISE

CAPITALSTARS.COM +919200099927

CS SOYABEAN (JULY) OVERVIEW:

TREND BEARISH

SUP1:4265

SUP2:4190

RESIST1:4360

RESIST2:4400

TRADING STRATEGY: SELL ON RISE

CAPITALSTARS.COM +919200099927

CS PERFORMANCE MESSAGE:

 STOCK FUTURES:

FUTURES INTRADAY:

PFC FUTURES SELL 3 TG

M&M FUTURES BUY CALL 3 TG

ORIENTAL BANK FUTURES SELL CALL 2 TG

SUN TV FUTURES SELL CALL 2 TG

ONGC FUTURES BUY CALL 1 TG

PREMIUM FUTURES:

M&M FUTURES BUY CALL 3 TG

FUTURES:

BANK NIFTY FUTURES SELL CALL 3 TG

NIFTY FUTURES SELL CALL 1 TG

OPTION:

ADANIENT 460 CALL BUY CALL 3 TG

M&M 1200 CALL BUY CALL 3 TG

NTPC 150 CALL BUY CALL COST EXIT

OPTION PREMIUM:

STOCK CASH:

STOCK CASH INTRADY:

MONNET ISPAT SELL CALL 3 TG

COX& KINGS SELL CALL 3 TG

ROLTA INDIA BUY CALL 1 TG (BOOKED AT 109.70)

STOCK CASH PREMIUM:

IGL BUY CALL 1 TG

INDIAN BENCHMARKS have a listless (down) closing… Nifty breaks 7,250.

INDIAN EQUITY BENCHMARKS ended the last session of the week and the first day of the June derivatives series on a monotonous, albeit (although) choppy note in the absence of any enthusing cues from the global front.

Further, Mahindra and Mahindra has reported a 0.9 percent growth in net profit of Rs 896.9 crore in the quarter ended March 2014, driven by tax reversal and income from sale of investments. Tata Chemicals lost 3.87% after the company reported a consolidated net loss of Rs 1225.72 crore in Q4 March 2014, higher than net loss of Rs 188.03 crore in Q4 March 2013.

The crucial resistance for Nifty is now seen at 7270 and above this 7325. Support for the immediate term is now placed at 7120 and next support will be 7060.

TOP CORPORATE NEWS

·        M&M posts Q4 profit at Rs 897 cr, tractor margin up 180 bps

Mahindra and Mahindra has reported a 0.9 percent growth in net profit of Rs 896.9 crore in the quarter ended March 2014, driven by tax reversal and income from sale of investments. Net profit in the year-ago period was Rs 889.2 crore.

·        Tata Motors Q4 profit at Rs 3918 crore

Tata Motors Ltd has posted a net profit after taxes, minority interest and share of profit of associates of Rs. 39182.90 million for the quarter ended March 31, 2014 as compared to Rs. 39454.70 million for the quarter ended March 31, 2013.

·        Tata Power Q4 net loss at Rs1453.30mn

Tata Power Company Ltd has posted a net loss after tax, minority interest and share of loss of associates of Rs. 1453.30 million for the quarter ended March 31, 2014 as compared to net profit of Rs. 1813.60 million for the quarter ended March 31, 2013.

·        DLF Q4 net profit at Rs2196.80 mn

DLF Ltd has posted a net profit of Rs. 2196.80 million for the quarter ended March 31, 2014 as compared to net loss of Rs. 41.90 mn for the quarter ended March 31, 2013.

Agri & Bullion Commodity Market Level 30 may 2014

bullion commodity Level

CS COPPER (JUNE) OVERVIEW:
TREND CONSOLIDATE
SUP1: 408
SUP2:404   
RESIST1:419
RESIST2:423
TRADING STRATEGY: BUY ON DIPS
CAPITALSTARS.COM +919200099927
CS CRUDE (JUNE) OVERVIEW:
TREND CONSOLIDATE
SUP1:6050
SUP2:6020
RESIST1:6200
RESIST2:6270
TRADING STRATEGY: BUY ON DIPS
CAPITALSTARS.COM +919200099927
CS GOLD (JUNE) OVERVIEW:
TREND  BEARISH
SUP1:26400
SUP2:25240
RESIST1:27100
RESIST2:27530
TRADING STRATEGY: SELL ON RISE
CAPITALSTARS.COM +919200099927
CS SILVER (JULY) OVERVIEW:
TREND BEARISH
SUP1:39300
SUP2:38500   
RESIST1:40600
RESIST2:41500
TRADING STRATEGY: SELL ON RISE
CAPITALSTARS.COM +919200099927

Agri Commodity Level

CS CHANA (JUNE) OVERVIEW:
TREND CONSOLIDATE
SUP1:2740   
SUP2:2698   
RESIST1:2875
RESIST2:2955
TRADING STRATEGY: SELL ON RISE
CAPITALSTARS.COM +919200099927
CS JEERA (JUNE) OVERVIEW:
TREND CONSOLIDATE
SUP1:10900
SUP2:10710
RESIST1:11100
RESIST2:11260
TRADING STRATEGY: SELL ON RISE
CAPITALSTARS.COM +919200099927
CS TURMERIC (JUNE) OVERVIEW:
TREND CONSOLIDATE
SUP1:5950
SUP2:5630
RESIST1:6250
RESIST2:6400
TRADING STRATEGY: SELL ON RISE
CAPITALSTARS.COM +919200099927
CS SOYABEAN (JUNE) OVERVIEW:
TREND CONSOLIDATE
SUP1:4500
SUP2:4450
RESIST1:4755
RESIST2:4855
TRADING STRATEGY: BUY ON DIPS
CAPITALSTARS.COM +919200099927

COMMODITY MARKET TRENDS 30 MAY 2014

BASE METAL WRAP: Copper fell from an 11-week high in London on signs of slowing economic growth in China and the U.S., the biggest users of the metal.

ENERGY WRAP: West Texas Intermediate headed for its first monthly advance since February as crude inventories shrank at the delivery point for New York contracts. Brent was steady in London.

PRECIOUS METAL WRAP: Gold headed for a monthly loss as signs that the U.S. economy is improving fueled stock-market gains, while demand for the metal slowed in China, the biggest consumer.

GLOBAL EVENTS TO WATCH: GDP m/m, Core PCE Price Index m/m, Personal Spending m/m, Personal Income m/m, Chicago PMI, Revised UoM Consumer Sentiment, Revised UoM Inflation Expectations, FOMC Member Plosser Speaks.

TOP FIVE BUZZING STOCKS:

COX & KINGS

TREND: BULLISH

SUPPORT: 172

RESISTANCE: 185

ADANIENT

TREND: BEARISH

SUPPORT: 448

RESISTANCE: 480

JAIN IRRIAGTION

TREND: BEARISH

SUPPORT: 105

RESISTANCE: 117

AMARA RAJA BATTERIES

TREND: BULLISH

SUPPORT: 394

RESISTANCE: 426

INFOSYS

TREND: BEARISH

SUPPORT: 2900

RESISTANCE: 3025

COMMODITY mARKET TRENDS 29 MAY 2014

BASE METAL WRAP: Copper climbed to 11-week high in London amid speculation that rising global equity markets indicate a favorable outlook for economic growth. Aluminum touched a one-month high.

ENERGY WRAP: West Texas Intermediate rose for the first time in three days after the American Petroleum Institute reported that crude inventories shrank at the delivery point for New York contracts. Brent was steady in London.

PRECIOUS METAL WRAP: Gold fell to the lowest level in 16 weeks as investors assessed whether tension between Russia and Ukraine is easing and after the euro weakened, reducing the appeal of the metal.

GLOBAL EVENTS TO WATCH: Private Capital Expenditure q/q, Prelim GDP q/q, Unemployment Claims, Prelim GDP Price Index q/q, Pending Home Sales m/m, Natural Gas Storage, Crude Oil Inventories.

TOP CORPORATE NEWS

·        JSW Steel logs Q4 profit of Rs 462.09cr

JSW Steel reported a consolidated net profit of Rs 462.09 crore for the quarter ended March 31, 2014 on the back of increased sales. The company had posted a net profit of Rs 328.03 crore in the corresponding period of the previous financial year.

·        PFC's Q4 profit rises 9% to 1,411 cr

PFC posted a 9 percent rise in its net profit at Rs 1,411.41 crore for the quarter ended March 31, 2014 largely on account of an increase in income from operations.

·        United Breweries Q4 net profit at Rs677.10mn

                                                                       

United Breweries Ltd has posted a net profit of Rs. 677.10 million for the quarter ended March 31, 2014 as compared to Rs. 58.50 mn for the quarter ended March 31, 2013.

·        L&T bags $480mn EPC orders in Bangladesh

Larsen & Toubro has received two EPC (engineering, procurement and construction) orders worth $480mn in Bangladesh for setting up dual fuel-fired gas based combined cycle power plants in Bangladesh.