21/11/2017

301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free: 9009010900
21/11/2017

Crude oil futures decline ahead of the OPEC meeting:

Crude oil futures declined on Monday, as traders
turned cautious ahead of the OPEC meeting in
Vienna, where its widely expected that OPEC
and non-OPEC producers will agree to extend
output curbs. OPEC meets next week to
determine whether they will extend their supply
quota plan through 2018. Oil has come under
pressure of late due to speculation that global
supplies will continue to outpace demand.

Copper Silent and Unchanged

in Trading Session On Monday:
Indian Copper was trading unchanged in the
session ending Monday. The prices were at
levels of Rs 440.35 per kg. The prices tested a
high of Rs 440.7 per kg, and a low of Rs 438.3
per kg. Copper was little changed on Monday
after a report showed China's property sector, a
major metals consumer, remained resilient in
October but a stronger dollar capped gains.
China's new home prices rose at a slightly faster
pace in October after gains had held steady the
previous month, as prices remained resilient in
the face of falling sales and a tighter liquidity environment.

Gold futures edge lower on MCX:

Gold futures edged lower on MCX due to a

stronger US dollar, but remained near a one-
month high hit in the previous session on
uncertainty over progress on a potential
overhaul of the US tax code.

301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free: 9009010900
 21/11/2017

TECHNICAL ANALYST

GOLD
OUTLOOK:

TREND: - DOWN

RESISTANCE: - 29500, 29600.

SUPPORT: - 29300, 29200.

STRATEGY: - BUY ON LOW.

TECHNICAL OUTLOOK

The last session of Gold future market is clearly a result of a retest in support line of the
Ascending broadening wedge channel which triggered the bullish momentum. The
market is expected to continue on the same trend and the rally could test $1282-
1284(29420-29470) levels in the upcoming sessions. Resistance holds at $1286(29520)
and support holds at $1276(29270).

301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free: 9009010900
 21/11/2017

OUTLOOK:
SILVER
TREND: - DOWN

RESISTANCE: - 39600, 39800.

SUPPORT: - 39200, 39000.

STRATEGY: - BUY ON LOW.

TECHNICAL OUTLOOK

Silver 4Hr chart has formed Rising wedge pattern. The last session has broken the channels
support line on bearish momentum which confirms the sell signal in the upcoming session of the
market. The same is expected to rally on with the bearish trend which could test 39200-39000
levels. Previous Support has become Resistance at 39500 and support holds at 39000.

301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free: 9009010900
 21/11/2017

COPPER
OUTLOOK:

TREND: - UP

RESISTANCE: - 445.50,448.

SUPPORT: -440.50, 438.

STRATEGY: - BUY ON LOW.

TECHNICAL OUTLOOK

COPPER is in short term bearish phase. The daily Technical chart of COPPER displays
"Falling wedge" pattern indicating bearish downtrend as per the channel. Key Support
holds at 436. Key resistance holds at 444-447. On the daily basis, the market shall
remain on an uptrend till the resistance.

301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free: 9009010900
 21/11/2017

CRUDE OIL

OUTLOOK:

TREND: - DOWN

RESISTANCE: - 3700, 3730.

SUPPORT: - 3650, 3620.

STRATEGY: - SELL ON HIGH.

TECHNICAL OUTLOOK

Crude Oil 4Hr chart has formed the Descending broadening wedge pattern and the last session
has met up with the channels resistance slope line which indicates that market could retest the
level and turn back to bearish momentum in the upcoming sessions. The downside rally could test
$56-55.50(3642-3610) levels in the upcoming sessions. Resistance holds at $57(3707) and
Support holds at $55.75(3625).

301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free: 9009010900
21/11/2017
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.

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.

This material is for personal information and based upon it & takes no
responsibility.

The information given herein should be treated as only factor, while making
investment decision. The report does not provide individually tailor-made
investment advice. Trade India Research Recommends that investors independently
evaluate particular investments and strategies, and encourages investors to seek
the advice of a financial adviser. Trade India Research shall not be responsible for
any transaction conducted based on the information given in this report, which is in
violation of rules and regulations of NSE and BSE.

The share price projections shown are not necessarily indicative of future price
performance. The information herein, together with all estimates and forecasts,
can change without notice. Analyst or any person related to Trade India Research
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.

Investment in Commodity and equity market has its own risks.

301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free: 9009010900
21/11/2017

We, however, do not Touch for the accuracy or the completeness thereof. we are
not responsible for any loss incurred whatsoever for any financial profits or loss
which may arise from the recommendations above. Trade India Research does not
purport to be an invitation or an offer to buy or sell any financial instrument. 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.

301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free: 9009010900