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Monday 7 November 2016

CAPITALSTARS CALL : BUY TECHM FUTURE ABOVE 446 - 7 Nov 2016

CAPITALSTARS FUTURE CALL : 

BUY TECHM FUTURE ABOVE 446 
TGTS 447.5, 449, 451 
SL 442.80


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CAPITALSTARS PREMIUM CALL: BUY BPCL FUTURE ABOVE 667.5 - 7 Nov 2016

CAPITALSTARS PREMIUM CALL

BUY BPCL FUTURE ABOVE 667.5 
TGTS 670.50, 674, 679 
SL 661.50


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CAPITALSTARS CASH CALL : BUY PNB IN CASH ABOVE 140 - 7 Nov 2016

CAPITALSTARS CASH CALL

BUY PNB IN CASH ABOVE 140 
TGTS 141.50,143,145 
SL 137.50

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Friday 4 November 2016

Gold slips on firm $; US election concerns seen lifting demand - 4 Nov 2016

Gold eased on Friday as the dollar firmed ahead of US jobs data, but looked set for a weekly gain of 2 percent, while investor appetite for the safe-haven asset stayed intact over signs of a close-run US presidential election.

The dollar index, inched up about 0.1 percent to 97.259, but remained captive to uncertainty around the election race.

"We are seeing good buying because of the uncertainty ahead of the US election as people feel that gold is definitely going to go up," said Brian Lan, managing director at Singapore-based gold dealer GoldSilver Central.

"Gold is going to move around USD1300 levels. The sentiment has changed since the (Clinton's) server issue came up. The speculative interest has changed from rate hike to US presidential elections,"

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Thursday 3 November 2016

Gold prices remained on the higher side and tested levels of Rs 30,686 per 10 grams - 3 Nov 2016

Refined Gold prices remained on the higher side and tested levels of Rs 30,686 per 10 grams. Meanwhile the prices tested low of Rs 30,350 per 10 grams. Yellow metal closed at Rs 30,625 per 10 grams levels, up 1.12 percent.

From here on rupees 30,800 remains as a psychological level, bridging these levels gold can further move towards Rs 31,000 per 10 grams.

On the lower side Rs 30,250 per 10 grams remains intact and till the time Gold is slips below these levels the the undercurrent remains bullish.

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Wednesday 2 November 2016

TOP COMMODITY NEWS - 2 Nov 2016

Crude oil lost in confidence with prices is parked below Rs 3,150 per barrel. Losses were registered on Tuesday as Crude Oil slumped by more than 1.4 percent.

Crude Oil ended at Rs 3,109 per barrel. The price is tested high of 3,167 barrel while value of 3,096 per barrel was noted on lower side. Resistances for Crude Oil is at Rs 3,150 and 3,180. Supports are active at Rs 3,050 per barrel.

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Tuesday 1 November 2016

Oil prices rise from one-month lows after OPEC approves strategy

Oil prices rose from one-month lows in Asian trading on Tuesday after OPEC agreed on a long-term strategy that was seen as an indication the cartel was reaching a consensus on managing production.

But further gains are likely to be limited as the market was weighed down by further indications of record output from the group, a sign the glut that has kept a lid on prices is not draining away as fast as the oil bulls would like.

U.S. West Texas Intermediate (WTI) futures were up 23 cents at $47.09 a barrel at 0725 GMT. They plunged nearly 4 percent to $46.86 a barrel in the previous session.

Brent for January delivery, the new front-month contract, was up 45 cents at $49.06 a barrel. The previous front-month contract fell nearly 3 percent before expiry on Monday.

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