2017 +
Daily MCX Newsletter 13th Jan 2017
www.moneymakerfinancial.com An ISO 9001-2008 Company
Money Maker Research Pvt. Ltd. MARKET WRAP
PRECIOUS METALS: Gold may trade in a range bound tracking cues from international exchange. Mixed economic data from major economies, Fed’s debate over future pace of rate hikes and uncertainty about US economic policies under Trump has kept risk sentiment weak. While these factors still persist, gold has rallied too sharply and some correction is possible.
ENERGY: Crude Oil prices are high on yesterday due to news that key crude exporters, including Saudi Arabia and Russia, were cutting production to reduce a global crude glut, and on forecasts of record demand in China.
BASE METALS: Base metals prices are high on yesterday after it is seeking support from recent weakness in US Dollar along with hopes of robust demand especially top consumer China.
www.moneymakerfinancial.com An ISO 9001-2008 Company
Money Maker Research Pvt. Ltd. PIVOTS LEVEL: GOLD(FEB) RESISTANCE2: 28700 RESISTANCE1:28500 SUPPORT1:28100 SUPPORT2:27900 SILVER (MARCH) RESISTANCE2:41600 RESISTANCE1:41200 SUPPORT1:40400 SUPPORT2:40000 CRUDE OIL (JAN) RESISTANCE2:3730 RESISTANCE1:3680 SUPPORT1:3570 SUPPORT2:3520 COPPER (FEB) RESISTANCE2:410 RESISTANCE1:405 SUPPORT1:395 SUPPORT2:391
www.moneymakerfinancial.com An ISO 9001-2008 Company
Money Maker Research Pvt. Ltd. CHART OF THE DAY CRUDE OIL
CALL BUY: CRUDE OIL JAN ABOVE 3640 TARGETS 3690/ 3740 STOP LOSS 3580
www.moneymakerfinancial.com An ISO 9001-2008 Company
Money Maker Research Pvt. Ltd. DISCLAIMER The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most. Investment in Stocks has its own risks. Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and up on sources that we consider reliable. We, however, do not vouch for the accuracy or the completeness thereof. This material is for personal information and we are not responsible for any loss incurred based upon it & takes no responsibility whatsoever for any financial profit s or loss which may arise from the recommendations above. The stock price projections shown are not necessarily indicative of future price performance. The information herein, together with all estimates and forecasts, can change without notice. Money Maker Research Pvt. Ltd. does not purport to be an invitation or an offer to buy or sell any financial instrument. Analyst or any person related to Money Maker Research Pvt. Ltd. might be holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any views expressed as a recommendation for which either the site or its owners or anyone can be held responsible for. Any surfing and reading of the information is the acceptance of this disclaimer. All Rights Reserved. Our Clients (Paid or Unpaid), any third party or anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken. Any surfing and reading of the information is the acceptance of this disclaimer. All Right Reserved. www.moneymakerfinancial.com An ISO 9001-2008 Company