Daily Market Reflection

7thApril 2017

Market Outlook COMDEX

Gold prices held firm on Thursday on the back of a weaker dollar
and as appetite for risky assets such as equities waned ahead of
a potentially tense meeting between US President Donald Trump
and his Chinese counterpart. Oil prices fell on Thursday as record
U.S. crude inventories underscored that markets remain bloated,
although traders said there were signs that other regions were
gradually tightening. U.S. fuel inventories and oil production levels
are key to determine whether the United States will remain the
world's biggest oil importer, which is a price supporting indicator, Market Updates
or if its soaring production and bloated stocks lead to lower MCX Date Date % Chg
imports. All base metals prices saw slight increases for the 5-04-17 6-04-17
second morning in a row during early trading. GOLD 28870 28737 -0.24%
SILVER 42287 42103 -0.37%
COPPER 386.15 380.80 -1.39%
Fundamental News CRUDE 3335 3350 +0.54%
The precious metal is sensitive to moves in U.S. rates, which lift ALUMINIUM 127.45 125.90 -1.25%
the opportunity cost of holding non-yielding assets such as LEAD 150.45 148.85 -1.00%
bullion. NICKEL 672.90 654 -2.77%
ZINC 180.30 175.95 -2.36%
The record crude inventories came as U.S. oil production rose NATURALGAS 213.30 214.80 +0.80%
52,000 barrels per day (bpd) to 9.2 million bpd a more than 9 COMEX Date Date % Chg
percent increase since mid-2016 to levels last seen at the start 5-04-17 6-04-17
of the market slump in late 2014 and early 2015. GOLD 1248.50 1253.15 +0.38%
SILVER 18.187 18.242 +0.30%
Important Data CRUDE 51.15 51.77 +1.21%
COPPER 2.680 2.661 -0.71%
Time Currency Event Forecast Previou $ INDEX 100.46 100.65 +0.19%
s USDINR 65.0900 64.7100 -0.58%
Manufacturing
2:00pm GBP 0.3% -0.9%
Production m/m
OUR PREVIOUS CALLS UPDATE
6:00pm CAD Employment Change 5.7K 15.3K Intraday super star
Date Commodity Entry Exit P/L
6:00pm CAD Unemployment Rate 6.7% 6.6% 6/04 COPPER - - -
Average Hourly Multibagger
6:00pm USD Earnings m/m 0.2% 0.2% Date Commodity Entry Exit P/L
6/04 ZINC - - -
Non-Farm Trifid special
6:00pm USD 174K 235K
Employment Change Date Commodity Entry Exit P/L
6:00pm USD Unemployment Rate 4.7% 4.7% 6/04 ALUMINIUM - - -
For our next calls click here..
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 28700. Now if it will sustain below the
PIVOT S1 S2 R1 R2
S important support level of 28650 then 28400 will act as
MCX 28900 28700 29150 29300 next support level. On the other hand 29000 will act as a
COME 1245 1230 1255 1270 major resistance level.

SILVER COMEX SILVER

Silver showed bearish movement and found the

PIVOTS S1 S2 R1 R2 important support level of 41950. Now if it will sustain
below 41900 then 41500 will act as next support level.
MCX 41900 41500 42500 43000
On the other hand 42500 will act as a major resistance
COMEX 18.10 17.90 18.45 18.60
level.

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

 Crude and Copper

CRUDE COMEX CRUDE

Crude showed sideways movement and found the

PIVOTS S1 S2 R1 R2 important support level of 3300. Now if it will close
below the important support level of 3290 then 3250 will
MCX 3300 3250 3330 3370
act as next support level. On the other hand 3375 will
COMEX 51.40 50.50 52.00 53.00
act as a major resistance level.

COPPER COMEX COPPER

Copper showed sideways movement and found the

important support level of 380. Now if it will close below
PIVOTS S1 S2 R1 R2
the important support level of 380 then 374 will act as
MCX 380 375 390 395 next support level. On the other hand 390 will act as a
COMEX 2.6400 2.6200 2.6900 2.7100 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 125 123 127 129 6668 2902 Bearish

LEAD 147 145 150 152 14272 1822 Bearish

NICKEL 635 620 665 680 40377 28831 Bearish

ZINC 174 172 178 180 25560 4704 Bearish

NATURAL GAS 210 205 215 220 63234 9804 Bearish

LME INVENTORY
dasdasdinkjjlfcnl
Due to Summer
COMMODITIES Bank Holiday NO LME
31/03/2017 DATA TODAY
3/04/2017 4/04/2017 5/04/2017 6/04/2017

ALUMINIUM -12050 -9100 -14250 -12625 -13375

COPPER -6375 -7275 -4025 -6125 -3200

LEAD -1925 -2900 -2850 -2725 -2900

NICKEL -888 -1038 -1512 +1908 -306

ZINC -950 -925 -475 -950 -1075

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

 Agri Commodity Updates

GUARSEED
Guarseed showed bullish movement and found the
important resistance level of 4150. If prices sustains
below 4050 level in next trading session then this
bearish momentum can take prices to 3950 level. If it
breaks the resistance level of 4150 then 4250 will act
as next resistance level.

PIVOTS S1 S2 R1 R2

4050 3950 4150 4225

JEERA
Jeera showed bullish movement today and found
the resistance level of 19500. If prices sustain below
19100 levels in next trading session then this
bearish momentum can take prices to 18800 levels.
If it breaks the resistance level of 19500 then 19700
will act as next resistance level.

PIVOTS S1 S2 R1 R2

19100 18800 19500 19700

SOYABEAN
Soyabean showed sideways movement and found
the important support level of 2940. If prices sustain
below 2940 level in next trading session then this
bearish momentum can take prices to 2900 level. If
it breaks the resistance level of 2970 then 3010 will
act as next resistance level.

PIVOTS S1 S2 R1 R2

2940 2900 2970 3010

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

 Intraday Super Star
(Premium Section)

CALL: SELL GOLD BELOW 28700 TARGETS 28600/28500 SL 28850.

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

 Multibagger Call
(Premium Section)

CALL: SELL ZINC BELOW 175.20 TARGETS 173.50/172 SL 178.50.

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

 Trifid Special
(Premium Section)

CALL: SELL LEAD BELOW 147.30 TARGETS 146.30/145.30 SL 148.80

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