BULLION
Gold edged lower on Monday as the dollar held firm on news that China has cancelled trade talks with the United States with the market also eyeing this weeks U.S. Federal Reserve meeting for guidance on future rate hikes. Investors were squarely focused on Sino-U.S. trade tensions after China cancelled midlevel trade talks with the United States as well as a proposed visit to Washington by vice premier He originally scheduled for this week.Spot gold inched down 0.2 percent to $1,196.17 after falling as much as 1.3 percent on Friday. U.S. gold futures were virtually unchanged at $1,200.60 an ounce.

ENERGY
Oil prices rose more than 1% on Monday and climbed near twomonths high as the Organization of Petroleum Exporting Countries (OPEC) issued a tepid response to U.S. President Donald Trump demand to lower oil prices. The Energy Information Administration released its report on US natural gas stocks showing a buildup of 86 billion cubic feet in the week ending September 14 up from 69 billion in the previous reading, while analysts expected an 81 billion increase. 
Base Metals
London copper eased on Monday as buying was thinned by holidays in China and Japan a session after it notched up its biggest one-day advance in more than five years on receding trade war concerns. London Metal Exchange slipped by 1 percent to $6,303 a tonne after prices surged by 4.6 percent in the previous session to $6,382.50 a tonne the highest since July 10. The Shanghai Futures Exchange was closed for its mid autumn holiday.

SPICES
Jeer failed to show 1-sided strong movement as lower trading activities in mandis kept prices very volatile. However rising demand on the export and Festive season domestic front supported prices. Falling stocks too is a supporting factor. Prices are quite low therefore some gains can be expected this week.
Sentiments remained weak for Turmeric even as market sources expect prices to bounce back soon from these lower levels. Good sowing reports kept sentiments negative. Even as technical is still not very strongly positive there are expectations of demand on the domestic and export front picking up with harvesting still time away.

OILSEEDS

Mentha traded with high volatility as profit booking was noted after the recent highs. Fresh buying interest in spot markets (at lower rates) could support prices and in coming sessionsmarkets may look to recover. Traders are reportedly waiting for some more dips in prices for fresh demand.Bearish report from USDA and sharp fall in Malaysian palm oil kept pressure on Soya oil. Soya oil had faced resistance in moving above 750 level during last few weeks although the downside has been limited up to 722- 723.

GUAR COMPLEX
Trend remained firm for Guar as reports of a fall in sowing area in the main growing state of Rajasthan supported prices. Lower rains earlier this year during Monsoon had adversely affected the sowing. With stocks reportedly on the lower side and falling amidst no new arrivals for now sentiments are looking positive for the counter. As the bearish impact of rains gradually get over fall in prices may be limited from the monsoon factor.

OTHERS
Bearish trend was noted for Cotton / Kapas. Bearish reports from USDA may limit upside moves as of now. Govt doubled import duty on 328 textile items to 20%. Rise in duties would give edge to domestic manufacturers as imported products are currently cheaper. RM seed futures will stabilize once the probable impact of NAFED selling is discounted fully. Considering the broader fundamentals buying interest may remain impressive in coming weeks.

COCUDAKL
From last couple of trading weeks COCUDAKL is trading in range and forming symmetric triangle formation on its four hourly chart. Last week COCUDAKL made a low of 1668 and closed at 1693.50 with overall marginal loss of 0.41% on weekly basis. On its daily chart COCUDAKL is trading near the support level of 1700 with positive RSI and we are expecting positive movement in it. For this week, if it breaks the level of 1730 on the upper side then it can test the level of 1850 during the week. One can make buy position in it by maintaining a SL at 1679.

DHANIYA

Last week Dhaniya made a low of 5080 and closed at 5094 with overall marginal loss of 2.69% on weekly basis. On its daily chart Dhaniya is forming lower highs and lower lows formation indicating negative movement in it for short term to mid term basis. For this week, if it breaks the level of 5020 on the lower side then it can test the level of 4870 during the week. One can make sell position in it by maintaining a SL at 5075.


( SILVER

From last couple of trading weeks Silver is trading with positive sentiment with positive RSI and we are expecting that Silver can continue its positive trend from this week also. Last week Silver made a high of 37845 and closed at 37590 with overall marginal gain of 1.61% on weekly basis. Silver recently broken its downtrend channel on upper side and sustaining above it indicating positive movement in it. For this week, if it breaks the level of 37600 on the upper side then it can test the level of 38500 during the week. One can make buy position in it by maintaining a SL at 37340.

GOLD
From last couple of trading weeks Gold is trading with positive sentiment with positive RSI and sustaining above the level of 30,000. Last week Gold made a high of 30928 and closed at 37582 with overall marginal gain of 0.48% on weekly basis. On its daily chart Gold is forming bullish flag formation indicating positive movement in it. For this week, if it breaks the level of 37700 on the upper side then it can test the level of 31200 during the week. One can make buy position in it by maintaining a SL at 30622.

EURINR OCT
EURINR continuously trading with positive sentiment and recently broken its bullish flag pattern and sustaining above it indicating short term positive movement in it. Last week EURINR made a high of 73.3425 and closed at 72.4975 with overall marginal gain of 0.34% on weekly basis. For this week, if it breaks the level of 85.9100 on the upper side then it can test the level of 86.4900 during the week. One can make buy position in it by maintaining a SL at 85.5975

GBPINR
The primary trend of GBPINR is bullish on chart and from last couple of trading weeks GBPINR is trading with positive sentiment with positive RSI. Last week GBPINR made a high of 96.6600 and closed at 95.7600 with overall marginal gain of 0.85% on weekly basis. For this week, if it breaks the level of 95.8100 on the upper side then it can test the level of 96.3900 during the week. One can make buy position in it by maintaining a SL at 95.4975

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