BULLION:
Gold for December delivery to settle at $1,391.45 an ounce
Sell GOLD on every rally, below 32400 free fall can be expected to 31600/30800. Watch out for the rupee volatility.
Silver was ended to $23.50 an ounce.
Silver remains volatile between 52800–55600 levels. Volatility Expected
Gold Projected High Range at 33592-34662
Gold Projected Low Range at 34436-33366
Gold Mcx Oct Resistance on Upside at 33987-35337-36688
Gold Mcx Oct Support on Low side at 31847-31059-29708
Gold Trend Deciding Point at 33198
Silver Projected High Range at 56659-57479
Silver Projected Low Range at 58159-56338
Silver Mcx Sep Resistance on Upside at 57319-56639-61959
Silver Mcx Sep Support on Low side at 53679-52359-50039
Silver Trend Deciding Point at 55999
BASE METALS:
September Copper HGU3 +0.29% closed to $3.240 a pound.
Copper would remain bearish below 482 this may test 476/474 levels. All the metals also looking bear trend, traders are ad-vised be cautious on intraday position.
Copper Projected High Range at 495-507
Copper Projected Low Range at 505-493
Copper Mcx Aug Resistance on Upside at 500-515-530
Copper Mcx Aug Support on Low side at 475-466-451
Copper Trend Deciding Point at 491
Nickel Projected High Range at 928-948
Nickel Projected Low Range at 940-920
Nickel Mcx Aug Resistance on Upside at 936-960-984
Nickel Mcx Aug Support on Low side at 896-880-857
Nickel Trend Deciding Point at 920
ENERGY:
Crude oil for October delivery to settle at $107.34 a barrel.
Crude Oil would remain range between 7180 and 7015 levels
September Natural Gas to end at $3.670 per million British thermal units.
Natural Gas would range bound between 248 and 238 levels.
Crude Projected High Range at 7316-7510
Crude Projected Low Range at 7473-7279
Crude Mcx Sep Resistance on Upside at 7387-7633-7880
Crude Mcx Sep Support on Low side at 6999-6857-6611
Crude Trend Deciding Point at 7246
Natural Gas Projected High Range at 251-258
Natural Gas Projected Loe Range at 256-249
Natural Gas Mcx Aug Resistance on Upside at 253-263-271
Natural Gas Mcx Aug Support on Low side at 239-234-225
Natural Gas Trend Deciding Point at 248
Mentha Oil:
Mentha Oil Projected High Range at 955-967
Mentha Oil Projected Low Range at 965-953
Mentha Oil Mcx Aug Resistance on Upside at 960-975-990
Mentha Oil Mcx Aug Support on Low side at 935-927-911
Mentha Oil Trend Deciding Point at 951
TODAY STOCK MARKET TIPS
Sell Crude Oil Mcx Sep Near 7095 sl 7120 Tgt 7060
Sell Mentha Oil Mcx Sep Below 937.9 sl 945.6 Tgt 930.7
ECONOMIC DATA TO WATCH:
| DATE | TIME | Region | Event | Period | Survey | Prior |
| 05.09.2013 | 02:30 | US | Total Vehicle Sales | Aug | 15.80M | 15.60M |
| 05.09.2013 | 02:30 | US | Domestic Vehicle Sales | Aug | 12.30M | 12.09M |
| 05.09.2013 | 15:30 | GE | Factory Orders MoM | Jul | -1.00% | 3.80% |
| 05.09.2013 | 16:30 | UK | Bank of England Bank Rate | Sep-05 | 0.50% | 0.50% |
| 05.09.2013 | 16:30 | UK | BOE Asset Purchase Target | Sep | 375B | 375B |
| 05.09.2013 | 17:15 | EC | ECB Announces Interest Rates | Sep-05 | 0.50% | 0.50% |
| 05.09.2013 | 17:15 | EC | ECB Deposit Facility Rate | Sep-05 | 0.00% | 0.00% |
| 05.09.2013 | 17:45 | US | ADP Employment Change | Aug | 185K | 200K |
| 05.09.2013 | 18:00 | US | Initial Jobless Claims | Aug-31 | 330K | 331K |
| 05.09.2013 | 18:00 | US | Continuing Claims | Aug-24 | 2990K | 2989K |
| 05.09.2013 | 18:00 | US | Nonfarm Productivity | 2Q F | 1.50% | 0.90% |
| 05.09.2013 | 18:00 | US | Unit Labor Costs | 2Q F | 0.90% | 1.40% |
| 05.09.2013 | 19:30 | US | Factory Orders | Jul | -3.50% | 1.50% |
| 05.09.2013 | 19:30 | US | ISM Non-Manf. Composite | Aug | 55 | 56 |
| 05.09.2013 | — | UK | New Car Registrations YoY | Aug | — | 12.70% |
| 05.09.2013 | — | JN | BOJ Target Rate | Sep-05 | — | — |
| 05.09.2013 | — | JN | BOJ 2014 Monetary Base Target | Sep-05 | — | ¥270T |
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