DAILY COMMODITY MARKET STRATEGY-17TH APRIL 2014

BASE METAL WRAP: Nickel extended gains after surpassing $18,000 a metric ton for the first time in more than a year as the threat of sanctions against Russia and Indonesia’s ore export ban continued to stoke supply concerns.

ENERGY WRAP: West Texas Intermediate rose for a second day as concern over the escalating crisis in Ukraine outweighed data showing the biggest gain in U.S. crude supplies in more than a decade. Brent was steady in London.

PRECIOUS METAL WRAP: Gold was above $1,300 an ounce, set for a weekly drop, as investors weighed signs of an improving U.S. economy against tension in Ukraine. Assets in the largest gold-backed exchange-traded product sank the most this year.

GLOBAL EVENTS TO WATCH: BOJ Gov Kuroda Speaks, Core CPI m/m, Unemployment Claims, Philly Fed Manufacturing Index, Natural Gas Storage.

AGRI COMMODITY	COMMODITY
CS CHANA (MAY) OVERVIEW: TREND CONSOLIDATE SUP1:3040 SUP2:2975 RESIST1:3210 RESIST2:3260 TRADING STRATEGY: BUY ON DIPS CAPITALSTARS.COM +919200099927 +919977499927	CS COPPER (APRIL) OVERVIEW: TREND CONSOLIDATE SUP1:400 SUP2:395 RESIST1:409 RESIST2:412 TRADING STRATEGY: SELL ON RISE CAPITALSTARS.COM +919200099927
CS JEERA (MAY) OVERVIEW: TREND CONSOLIDATE SUP1:9800 SUP2:9600 RESIST1:10220 RESIST2:10450 TRADING STRATEGY: BUY ON DIPS CAPITALSTARS.COM +919200099927	CS CRUDE (APRIL) OVERVIEW: TREND CONSOLIDATE SUP1:6210 SUP2:6170 RESIST1:6330 RESIST2:6430 TRADING STRATEGY: BUY ON DIPS CAPITALSTARS.COM +919200099927
CS TURMERIC (APRIL) OVERVIEW: TREND BULLISH SUP1:6480 SUP2:6320 RESIST1:6680 RESIST2:6870 TRADING STRATEGY: BUY ON DIPS CAPITALSTARS.COM +919200099927	CS GOLD (JUNE) OVERVIEW: TREND CONSOLIDATE SUP1:28200 SUP2:27850 RESIST1:28670 RESIST2:28940 TRADING STRATEGY: SELL ON RISE CAPITALSTARS.COM +919200099927
CS SOYABEAN (MAY) OVERVIEW: TREND CONSOLIDATE SUP1:4345 SUP2:4285 RESIST1:4476 RESIST2:4500 TRADING STRATEGY: BUY ON DIPS CAPITALSTARS.COM +919200099927	CS SILVER (MAY) OVERVIEW: TREND CONSOLIDATE SUP1:41500 SUP2:40300 RESIST1:42800 RESIST2:43450 TRADING STRATEGY: SELL ON RISE CAPITALSTARS.COM +919200099927