We are Provide Research Calls On All Segments Of Share Market Like Free Commodity Tips, base metal, equity market, future & options, Mcx intraday tips, Mcx Commodity Tips as well as forex market.

Gold dipped slightly on Monday after a three-day rally, but the metal still held close its highest in nearly three weeks, as the Federal Reserve's move last week to leave U.S. interest rates unchanged weighed on global equities. A majority of Wall Street's top banks now expect the Fed to begin increasing rates in December, according to a Reuter’s poll conducted on Thursday after the Fed's policy decision. Russia's gold reserves rose to 42.4 million troy ounces as of Sept. 1, compared with 41.4 million troy ounces a month earlier, the central bank said on Friday.

LME copper immediately lurched down after the open of European and US trading hours due to worries about soft global economy growth, igniting by the unchanged US interest rate. LME copper finally ended at a session low of USD 5,233/mt, slumping USD 162/mt or 3%. A delay in US interest rate hike gave no support to market and the reasons for the rate delay depressed commodity prices. US dollar index swung wildly following the unchanged US rate and finally returned above 95. LME copper should move at lows in USD 5,200-5,240/mt during Asian trading hours.

Oil prices edged up in early trading in Asia on Monday as U.S. drilling slowed and analysts estimated that $1.5 trillion worth of planned American production was uneconomical at prices of $50 per barrel or lower. Analysts said the low prices were beginning to impact production as drillers slow down new projects, especially in cost-sensitive North America where drillers react fast to changing prices. U.S. energy firms cut oil rigs for a third week in a row last week, a sign that the latest crude market weakness was causing drillers to put on hold production plans, triggering a slight increase in prices on Monday

CS GOLD (OCTOBER) OVERVIEW:

TREND : BULLISH
RESIST 2: 26690
RESIST 1: 26520
SUP 1: 26350
SUP 2: 26250
STRATEGY: BUY ON DIPS

CS SILVER (SEPTEMBER) OVERVIEW:

TREND : BULLISH
RESIST 2:36775
RESIST 1:36420
SUP1:35850
SUP2:35500
STRATEGY : BUY ON DIPS