This document is a daily report from CapitalStars Financial Research Pvt. Ltd. summarizing commodity market news and providing trading recommendations. It leads with headlines on gold prices falling in Asia ahead of expected hawkish Fed minutes, copper prices surging on expectations of increased Chinese demand and a weaker dollar, and zinc prices remaining high due to supply constraints limiting output increases from smelting plants. It then provides an overview and technical analysis of precious metals and energy commodities, and recommends buying MCX Crude Oil futures with targets and stop loss levels.

1. CapitalStars Financial Research Pvt., Ltd., 1
SEBI Registration Number: INA000001647
MCX Daily Report - 11 OCT 2017
News High lights
Gold Falls In Asia As Market Awaits Fed Minutes.
Gold prices eased in Asia on Wednesday ahead of minutes from the Fed due later in
the day and expected to show a largely hawkish stance on the need for a December
hike and into next year. Overnight, gold prices rose for the second day in a row
buoyed by continued dollar weakness while ongoing political tensions between the
U.S. and North Korea lifted sentiment. Gold’s bullish start to the week continued as
safe-haven demand remained elevated amid ongoing geopolitical uncertainty on the Korean Peninsula while
dollar weakness supported an uptick in demand for the precious metal. “Gold has benefited from the U.S.
dollar’s fall, along with geopolitical tensions. For the remainder of this year, we believe that gold is likely to
mirror the dollar and ‘follow fear,’ wrote Scott Wren, senior global equity strategist at Wells Fargo (NYSE:WFC)
(NYSE:WFC) Investment Institute, in a Monday research note. Gains in gold, however, were capped after the
Catalan government Carles Puigdemont said he wanted to delay any formal declaration of independence, easing
geopolitical uncertainty in the region.
Trader Reaction to $3.0700 Will Determine Near-Term Direction.
December Comex High Grade Copper futures surged on Tuesday on expectations of
increased demand from China and a weaker U.S. Dollar. The weaker Greenback drove up
foreign demand for the dollar-denominated copper market. The main trend is up according
to the daily swing chart. Tuesday’s rally drove the market through the closing price reversal
top at $3.0560, negating the chart pattern and signaling a resumption of the uptrend.
Zinc Price Keeping High, How Much will Smelting Plants Increase in Output?.
Zinc price keeps high with good profits of smelting plants. Since plants reduce output for overhaul due to raw
materials and environmental protection during first half of the year, many enterprises plan to increase output for
annual production plan. But as per SMM research, zinc smelting plants gain much less output increase than
anticipation due to short supply of raw materials and problems of production equipment.
Crude Oil Prices Up In Asia As Market Looks To API Estimates .
Crude oil prices gained in Asia on Wednesday ahead of industry estimates of U.S.
inventories as refineries in Texas recover from hurricane-related shutdowns.
Overnight, crude oil prices settled sharply higher on Tuesday after de facto Opec
leader Saudi Arabia vowed to reduce monthly crude exports amid expectations
that market rebalancing is underway. Crude oil prices had their best day in two
weeks as sentiment turned positive after Saudi Arabia pledged to cut its November crude oil exports by 7% or
560,000 barrels a day, compared with the same period last year in order to strengthen the market rebalancing
process. The gap between supply and demand in oil markets is expected to narrow further in the coming
months amid a surge in global demand growth which has lifted oil prices above $50 a barrel.

2. CapitalStars Financial Research Pvt., Ltd., 2
SEBI Registration Number: INA000001647
MCX Daily Report - 11 OCT 2017
Precious Metals
CS GOLD (DEC) OVERVIEW:
TREND : BULLISH TREND : BULLISH
RESIST 2: 30100
RESIST 1: 29950
SUP 1: 29650
SUP 2: 29500
TREND : BULLISH
RESIST 2: 452.00 RESIST 2: 735.00
RESIST 1: 449.00 RESIST 1: 730.00
CS ZINC (OCT) OVERVIEW: CS LEAD (OCT) OVERVIEW:
TREND : SIDEWAYS
RESIST 2: 221.00 RESIST 2: 171.00
RESIST 1: 219.00 RESIST 1: 169.00
CS ALUMINIUM (OCT) OVERVIEW:
TREND : SIDEWAYS
RESIST 2: 143.00
RESIST 1: 141.50
SUP1: 138.00
SUP2: 137.00
WWW.CAPITALSTARS.COM +917316690000
Energies
CS CRUDE OIL (OCT) OVERVIEW: CS NATURAL GAS (OCT) OVERVIEW:
TREND : BULLISH
RESIST 2: 197.00
RESIST 1: 194.00

3. CapitalStars Financial Research Pvt., Ltd., 2
SEBI Registration Number: INA000001647
MCX Daily Report - 11 OCT 2017
Capitalstars is a SEBI Registered &ISO Certified Company in Indore,
they provide Equity, Commodity, Nifty & forex trading calls with profit in your
trading.
GET MORE DETAILS HERE:-
∑ Stock Advisory Company
∑ Trading Tips
∑ Financial Advisory company
∑ Stock Tips
∑ Share Market Company
∑ Forex trading tips
∑ Currency Tips

4. CapitalStars Financial Research Pvt., Ltd., 4
SEBI Registration Number: INA000001647
MCX Daily Report - 11 OCT 2017
Pick for the Day
MCX Crude Oil Oct on Tuesday as seen in the daily chart opened at 3249 levels and
day high of 3335 levels. During this period price corrected & made day low of 3244
levels finally closed at 3330 levels. Now, there are chances of further Upside
movement technically & fundamentally.
∑ The OPEC-led production cuts started in January and are set to expire at the end of
March 2018. There have been talks about extending the curbs, but no formal
agreement has been reached.
∑ December West Texas Intermediate crude oil futures are trading higher on Tuesday,
supported by Saudi Arabian export cuts in November and signs that the market is
rebalancing after years of oversupply. Basically, prices are being boosted by news
that the Saudis are planning to reduce its oil shipment to customers in November.
This is in line with the country’s commitment to the OPEC-led production cuts.
DAILY RECOMMENDATION: Buy MCX CRUDE OIL OCT AROUND 3310 LEVELS FOR
TARGET OF T1 3360/T2 3380 WITH SL 3230 OF LEVELS.

5. CapitalStars Financial Research Pvt., Ltd., 5
SEBI Registration Number: INA000001647
MCX Daily Report - 11 OCT 2017
Disclaimer
The information and views in this report & all the service we provide are believed to be reliable, but we do not
accept any responsibility for errors of fact or opinion. Investors 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.
My research recommends that investors independently evaluate particular investments and strategies, and
encourages investors to seek the advice of a financial adviser.
Capital Stars 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 regulators. The price projections shown are not necessarily
indicative of future price performance. The information herein, together with all estimates and forecasts, can
change without notice. 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. Investment & Trading in Securities Markets are always subjected to market risk.
Capital stars Financial Research Private Ltd., Reserves all Rights.
CONTACT US
REGISTERED OFFICE
Capitalstars Financial Research Private Limited
PLOT NO.12, SCHEME NO.78 PART-II, VIJAY NAGAR, INDORE
Email :- backoffice@capiltalstars.in