Daily Market Reflection

5th July 2017

-
Market Outlook COMDEX
Gold prices bounced back after a sharp fall on Tuesday amid
heightened geopolitical risk after North Korea said it had
successfully test fired an intercontinental ballistic missile. Oil prices
fell on Tuesday, halting a run of eight straight days of gains on
signs that a persistent rise in U.S. crude production is running out
of steam. The falls came after both benchmarks recovered around
12 percent from their recent lows on June 21.The stronger tone of
late in the base metals has ended for now with prices either
pausing or starting to put in a down-day today. With the USA closed
today, there may have been some profit-taking around and also Market Updates
option declaration tomorrow may prompt some selling too. MCX Date Date % Chg
3-07-17 4-07-17
GOLD 28086 28115 +0.10%
SILVER 37826 37621 -0.54%
Fundamental News
COPPER 387.75 385.75 -0.52%
Gold is set to make a negative start to the month, after better than CRUDE 3043 3068 +0.82%
expected manufacturing data fuelled U.S. rate hike expectations, ALUMINIUM 124.90 124.80 -0.08%
underpinning a move higher in U.S. bond yields, lessening LEAD 151.40 148.35 -2.01%
demand for non-interest bearing gold. NICKEL 606.90 595.40 -1.89%
ZINC 182.75 181.45 -0.71%
Late May and most of June were overwhelmingly bearish as U.S. NATURALGAS 193.30 194.50 +0.62%
output rose and doubts grew over the ability of the Organization of
COMEX Date Date % Chg
the Petroleum Exporting Countries (OPEC) to hold back enough 3-07-17 4-07-17
production to tighten the market. GOLD 1219.20 1224.23 +0.41%
SILVER 16.037 16.045 +0.05%
Important Data CRUDE 47.07 47.08 +0.02%
COPPER 2.693 2.681 -0.45%
Time Currenc Event Forecast Previous $ INDEX 95.95 95.99 +0.04%
y USDINR 65.0925 64.9475 -0.22%

1:30pm EUR Final Services PMI 54.7 54.7

OUR PREVIOUS CALLS UPDATE

2:00pm GBP Services PMI 53.6 53.8
Intraday super star
Date Commodity Entry Exit P/L
2:30pm EUR Retail Sales m/m 0.4% 0.1%
4/07 LEAD - - -
Multibagger
7:30pm USD Factory Orders m/m -0.4% -0.2% Date Commodity Entry Exit P/L
4/07 SILVER - - -
IBD/TIPP Economic Trifid special
7:30pm USD 51.6 51.3
Optimism Date Commodity Entry Exit P/L
4/07 GOLD - - -
FOMC Meeting
11:30pm USD For our next calls click here..
Minutes
www.trifidresearch.com | Email id: info@trifidresearch.com | Toll Free: 1800-270-1410
 Gold and Silver

GOLD COMEX GOLD

Gold showed bearish movement and found the important

support level of 28073. Now if it will close below the
PIVOT S1 S2 R1 R2
S important support level of 28000 then 27700 will act as
MCX 28000 27700 28450 28700 next support level. On the other hand 28450 will act as a
COME 1210 1200 1235 1250 major resistance level.

SILVER COMEX SILVER

Silver showed bearish movement and found the

PIVOTS S1 S2 R1 R2 important support level of 37564. Now if it will close
below the important support level of 37500 then 37000
MCX 37500 37000 38500 39000
will act as next support level. On the other hand 38500
COMEX 16.00 15.85 16.30 16.50
will act as a major resistance level.

www.trifidresearch.com | Email id: info@trifidresearch.com | Toll Free: 1800-270-1410

 Crude and Copper

CRUDE COMEX CRUDE

Crude showed bullish movement and found the

PIVOTS S1 S2 R1 R2 important resistance level of 3073. Now if it will close
above the important resistance level of 3075 then 3100
MCX 3000 2950 3075 3100
will act as next resistance level. On the other hand 3000
COMEX 45.00 43.50 48.00 50.00
will act as a major support level.

COPPER COMEX COPPER

Copper showed sideways to bearish movement and

found the important support level of 383.80. Now if it will
PIVOTS S1 S2 R1 R2
close below the important support level of 380 then 373
MCX 380 373 390 395 will act as next support level. On the other hand 390 will
COMEX 2.6400 2.6000 2.6950 2.7250 act as a major resistance level.

www.trifidresearch.com | Email id: info@trifidresearch.com | Toll Free: 1800-270-1410

 Other Commodities

PIVOT

COMMODITIE S1 S2 R1 R2 VOLUME OI TREND

S

ALUMINIUM 123 121 126 127 3953 1434 Bearish

LEAD 147 145 150 152 15148 2033 Bearish

NICKEL 590 580 600 615 22513 29977 Bearish

ZINC 180 178 183 185 26872 8444 Bearish

NATURAL GAS 190 187 197 200 39291 5077 Bullish

LME INVENTORY
dasdasdinkjjlfcnl
Due to Summer
COMMODITIES Bank Holiday NO LME
28/06/2017 DATA TODAY
29/06/2017 30/06/2017 3/07/2017 4/07/2017

ALUMINIUM -3325 -2700 -2450 -1900 -7775

COPPER -1875 -5375 +6400 +28575 -2675

LEAD -825 -1900 -2200 -1500 -1175

NICKEL -720 -1044 -642 -768 -840

ZINC -2000 -3450 -3125 -2025 -1900

www.trifidresearch.com | Email id: info@trifidresearch.com | Toll Free: 1800-270-1410

 Agri Commodity Updates

GUARSEED
Guarseed showed bearish movement and found the
important support level of 3150. If prices sustains
below 3150 level in next trading session then this
momentum can take prices to 3100 level. If it breaks
the resistance level of 3225 then 3275 will act as
next resistance level.

PIVOTS S1 S2 R1 R2

3150 3100 3225 3275

JEERA
Jeera showed bearish movement today and found
the support level of 18200. If prices sustain below
18200 levels in next trading session then this
momentum can take prices to 18000 levels. If it
breaks the resistance level of 18500 then 18700 will
act as next resistance level.

PIVOTS S1 S2 R1 R2

18200 18000 18500 18700

SOYABEAN
Soyabean showed bullish movement and found the
important resistance level of 2975. If prices sustain
below 2920 level in next trading session then this
bearish momentum can take prices to 2880 level. If
it breaks the resistance level of 2980 then 3020 will
act as next resistance level.

PIVOTS S1 S2 R1 R2

2920 2880 2980 3020

www.trifidresearch.com | Email id: info@trifidresearch.com | Toll Free: 1800-270-1410

 Intraday Super Star
(Premium Section)

CALL: SELL NATURAL GAS BELOW 191.40 TARGETS 188.40/185.40 SL 195.40.

www.trifidresearch.com | Email id: info@trifidresearch.com | Toll Free: 1800-270-1410

 Multibagger Call
(Premium Section)

CALL: SELL SILVER BELOW 37750 TARGETS 37450/37150 SL 38150.

www.trifidresearch.com | Email id: info@trifidresearch.com | Toll Free: 1800-270-1410

 Trifid Special
(Premium Section)

CALL: SELL GOLD BELOW 28050 TARGETS 27950/27850 SL 28200.

www.trifidresearch.com | Email id: info@trifidresearch.com | Toll Free: 1800-270-1410

Trifid Research respects and values the Right to Policy of each and every individual. We are
esteemed by the relationship and by becoming our clients; you have a promise from our side
that we shall remain loyal to all our clients and non-clients whose information resides with us.
This Privacy Policy of Trifid Research applies to the current clients as well as former clients.
Below are the word by word credentials of our Privacy Policy:

1. Your information, whether public or private, will not be sold, rented, exchanged,
transferred or given to any company or individual for any reason without your consent.
2. The only use we will be bringing to your information will be for providing the services to
you for which you have subscribed to us.
3. Your information given to us represents your identity with us. If any changes are brought
in any of the fields of which you have provided us the information, you shall bring it to
our notice by either calling us or dropping a mail to us.
4. In addition to the service provided to you, your information (mobile number, E-mail ID
etc.) can be brought in use for sending you newsletters, surveys, contest information, or
information about any new services of the company which will be for your benefit and
while subscribing for our services, you agree that Trifid Research has the right to do so.
5. By subscribing to our services, you consent to our Privacy Policy and Terms of Use.
6. Trifid research does not guarantee or is responsible in any which way, for the trade
execution of our recommendations, this is the sole responsibility of the client.
7. Due to the markets volatile nature, the trader may/ may not get appropriate opportunity
to execute the trades at the mentioned prices and Trifid Research holds no liability for
any profit/ loss incurred whatsoever in this case.
8. It is the responsibility of the client to view the report timely from our Premium member
section on our website: www.trifidresearch.com and the same will also be mailed to this
registered email id.
9. Trifid research does not hold any liability or responsibility of delay in mail delivery of
reports, as this depends on our mail service providers network infrastructure.
10. The clients can call us for any query related to buying/selling the securities, based on
our recommendations.

www.trifidresearch.com | Email id: info@trifidresearch.com | Toll Free: 1800-270-1410