DAILY COMMODITY MARKET STRATEGY 5th MAY 2014

BASE METAL WRAP: Copper futures in Shanghai advanced to near an eight-week high as tight supply pushed prices higher in the world’s biggest user of the metal.

ENERGY WRAP: Brent traded near a three-day high as concern that the crisis in Ukraine may disrupt Europe’s energy supplies countered increased signs of a slowing economy in China. West Texas Intermediate was steady in New York.

PRECIOUS METAL WRAP: Gold jumped to the highest level in almost three weeks, extending its biggest advance in a month, as escalating tension in Ukraine boosted haven demand.

GLOBAL EVENTS TO WATCH: Final Services PMI, ISM Non-Manufacturing PMI, Loan Officer Survey, Trade Balance.

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BULLIONS COMMODITY	AGRI COMMODITY
CS COPPER (JUNE) OVERVIEW: TREND BEARISH SUP1: 405 SUP2:401 RESIST1:414 RESIST2:418 TRADING STRATEGY: SELL ON RISE CAPITALSTARS.COM +919200099927	CS CHANA (JUNE) OVERVIEW: TREND CONSOLIDATE SUP1:3040 SUP2:2960 RESIST1:3115 RESIST2:3200 TRADING STRATEGY: SELL ON RISE CAPITALSTARS.COM +919200099927 +919977499927
CS CRUDE (MAY) OVERVIEW: TREND CONSOLIDATE SUP1:5930 SUP2:5825 RESIST1:6080 RESIST2:6180 TRADING STRATEGY: SELL ON RISE CAPITALSTARS.COM +919200099927	CS JEERA (JUNE) OVERVIEW: TREND CONSOLIDATE SUP1:10500 SUP2:10350 RESIST1:10755 RESIST2:10950 TRADING STRATEGY: BUY ON DIPS CAPITALSTARS.COM +919200099927
CS GOLD (JUNE) OVERVIEW: TREND CONSOLIDATE SUP1:28400 SUP2:28200 RESIST1:29020 RESIST2:29300 TRADING STRATEGY: BUY ON DIPS CAPITALSTARS.COM +919200099927	CS TURMERIC (JUNE) OVERVIEW: TREND CONSOLIDATE SUP1:6630 SUP2:6470 RESIST1:7004 RESIST2:7270 TRADING STRATEGY: SELL ON RISE CAPITALSTARS.COM +919200099927
CS SILVER (JULY) OVERVIEW: TREND CONSOLIDATE SUP1:41300 SUP2:39950 RESIST1:43000 RESIST2:43560 TRADING STRATEGY: BUY ON DIPS CAPITALSTARS.COM +919200099927	CS SOYABEAN (JUNE) OVERVIEW: TREND BULLISH SUP1:4640 SUP2:4505 RESIST1:4870 RESIST2:5080 TRADING STRATEGY: BUY ON DIPS CAPITALSTARS.COM +919200099927