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Daily comex analysis report by epic research 14 april 2014
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Daily comex analysis report by epic research 14 april 2014

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Indian traders are very fascinated for trading in precious metals, keeping it in mind EPIC RESEARCH offer COMEX SILVER TIPS and GOLD TIPS all over India. Hire our professionals and receive quick …

Indian traders are very fascinated for trading in precious metals, keeping it in mind EPIC RESEARCH offer COMEX SILVER TIPS and GOLD TIPS all over India. Hire our professionals and receive quick alerts on the market.
Comex Silver tips, Comex Gold Live tips, Comex tips

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  • 1. Our Presence Epic Research India HNI & NRI Sales Contact USA Toll Free Number 411 Milinda Manor (Suites 409-425) 2117 Arbor Vista Dr. Charlotte (NC) 1-800-200-9454 2 RNT Marg. Opp Central Mall Cell: +1 704 249 2315 All queries should be directed to Indore (M.P.) Info@epicresearch.co Hotline: +91 731 6642300 HNI & NRI Sales Contact Australia Or give us a missed call at Mintara Road, Tarneit, Victoria, Post Code 3029 026 5309 0639 Phone: +61 422 063855 YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300 DAILY COMEX COMMODITY REPORT 14th APRIL-2014
  • 2. PRECIOUS METALS AND INDUSTRIAL METALS COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT COMEX GOLD USD/T OZ. 1318.60 0.10 0.01% JUNE-14 GOLD SPOT USD/T OZ. 1317.88 -0.85 -0.06% N/A COMEX SILVER USD/T OZ. 19.99 -0.03 -0.15% MAY-14 SILVER SPOT USD/T OZ. 19.97 -0.06 -0.30% N/A COMEX COPPER USD/LB. 3.0410 0.0040 0.13% MAY-14 PALTINUM SPOT USD/T OZ. 1455.39 0.64 0.04% N/A ENERGY COMMODITY FUTURES COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT CRUDE OIL(WTI) USD/BBL. 103.39 0.16 0.15% MAY-14 CRUDE OIL(BRENT) USD/BBL. 107.19 -0.15 -0.14% MAY-14 NY. NATURAL GAS USD/MMBTU 4.623 -0.015 -0.32% MAY-14 NY. HEATING OIL USD/GAL. 293.03 -0.68 -0.23% MAY-14 YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300 DAILY MARKET OUTLOOK 14th APRIL-2014
  • 3. COMMODITY SUPPORT-2 SUPPORT-1 PIVOT RESISTANCE-1 RESISTANCE-2 GOLD(APR-14) 1309.27 1313.93 1319.07 1323.73 1328.87 SILVER(MAY-14) 19.80 19.89 20.01 20.10 20.22 WTICRUDEOIL(APR-14) 102.21 102.80 103.61 104.20 105.01 NATURALGAS(APR-14) 4.568 4.596 4.634 4.662 4.700 COPPER(MAY-14) 2.9957 3.0183 3.0487 3.0713 3.1017 LME BASE METALS OFFICIAL PRICES ( $/MT ) LME WAREHOUSE STOCKS (INVENTORY) METALS PRICE ( $/MT ) CHANGE % CHANGE METALS INVENTORY CHANGE (MT) ALUMINIUM 1840.50 -13.00 -0.70% ALUMINIUM 325 COPPER 6686.00 48.50 0.73% COPPER -1700 LEAD 2104.50 17.00 0.81% LEAD UNCHANGED ZINC 2037.00 3.50 0.17% ZINC -3375 NICKEL 17395.00 345.00 2.02% NICKEL -1908 TIN 23585.00 210.00 0.90% TIN -10 YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300 DAILY SUPPORT & RESISTANCE 14th APRIL-2014
  • 4. YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300 • Gold prices erased recent gains stemming from expectations for U.S. monetary policy to stay loose and fell on Friday after U.S. wholesale pricing data beat market expectations. On the Comex division of the New York Mercantile Exchange, gold futures for June delivery traded at $1,318.60 a troy ounce during U.S. trading, down 0.14%, up from a session low of $1,314.40 and off a high of $1,324.20. The June contract settled up 1.12% at $1,320.50 on Thursday. • Silver for May delivery was down 0.66% at US$19.958 a troy ounce, while copper futures for May delivery were down 0.11% at US$3.042 a pound. • Crude oil prices rose on Friday after U.S. consumer sentiment and wholesale pricing data beat expectations and fueled expectations for a more robust U.S. recovery down the road. On the New York Mercantile Exchange, West Texas Intermediate crude oil for delivery in May traded at $104.10 a barrel during U.S. trading, up 0.68%. New York-traded oil futures hit a session low of $103.02 a barrel and a high of $104.42 a barrel. The May contract settled down 0.19% at $103.40 a barrel on Thursday. • The ICE Futures Exchange in London, Brent oil futures for May delivery were up 0.27%, trading at US$107.76 a barrel, while the spread between the Brent and U.S. crude contracts stood at US$3.66 a barrel. • Natural gas futures edged lower in Friday trading after updated weather-forecasting models called for mild temperatures to hover over much of the country in the coming week. On the New York Mercantile Exchange, natural gas futures for delivery in May traded at $4.639 per million British thermal units during U.S. trading, down 0.34%. The commodity hit session high of $4.673 and a low of $4.608. The May contract settled up 1.50% on Thursday to end at $4.655 per million British thermal units. • Base metals price were holding onto the previous day's gains on Friday morning, with CTA buying providing support particularly to aluminium and nickel.The copper price climbed $40 to $6,695 per tonne from Thursday's close. Stocks fell yet again, down a net 1,700 tonnes at 248,325 tonnes. Total inventories have fallen 9,450 tonnes this week, a drop of 3.7 percent. The aluminium price popped above $1,900, peaking at a fresh five-month and session high of $1,902.50, before settling back at an unchanged $1,893. Activity on Select remains strong, with more than 6,000 lots changing hands so far. Inventories climbed 10,650 tonnes to 5,351,075 tonnes while cancelled warrants fell 10,650 tonnes to 134,004 tonnes. Nickel at $17,388 was $308 higher - it continues to find strength from the Indonesian mineral ore export ban, which is a root cause of supply fears. Stocks fell for a third consecutive day, down 1,908 tonnes of 276,936 tonnes, of which 134,004 tonnes are cancelled warrants. Lead gained $14 to $2,128 - there was no change in stocks - while Zinc rose $17 to $2,057 after inventories declined 3,375 tonnes. The Tin price climbed $150 to $23,550 after a 10-tonne drawdown in stocks to 9,430 tonnes. INTERNATIONAL COMMODITY NEWS 14th APRIL-2014
  • 5. YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300 EPIC DAILY TOP PICKS 14th APRIL-2014 WTI-CRUDEOIL-NYMEX DAILY CANDLESTICK CHART TRADING STRATEGY : WTICRUDEOIL-NYMEX has closed @ 103.38. If it sustain above the level of 103.90, it can touch the level of 104.40 & 104.99 respectively. If it breaks the level of 102.66, it can touch the level of 102.15 & 101.55 respectively. BUY WTICRUDEOIL-NYMEX ABOVE 103.90 TGTS 104.40, 104.99 SL 103.20. SELL WTICRUDEOIL-NYMEX BELOW 102.66 TGTS 102.15, 101.55 SL 103.36.
  • 6. YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300 TODAY'S ECONOMIC EVENTS 14th APRIL-2014
  • 7. 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. Epic research recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Epic 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 epic 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 equity & bullion market has its own risks. We, however, do not vouch 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 epic 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. Research Analyst : Nilesh Jain YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300 DISCLAIMER