Daily comex analysis report by epic research 29 april 2014
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Daily comex analysis report by epic research 29 april 2014

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Epic adopts multiple ways to analyze the markets and statistics to follow economic trends. Epic also provides daily market updates to help you make informed decisions, and will give you trading ...

Epic adopts multiple ways to analyze the markets and statistics to follow economic trends. Epic also provides daily market updates to help you make informed decisions, and will give you trading signals and advice to meet your individual trading needs.

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Daily comex analysis report by epic research 29 april 2014 Daily comex analysis report by epic research 29 april 2014 Presentation Transcript

  • 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 29th APRIL-2014
  • PRECIOUS METALS AND INDUSTRIAL METALS COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT COMEX GOLD USD/T OZ. 1296.80 -7.40 -0.57% JUNE-14 GOLD SPOT USD/T OZ. 1296.37 -6.33 -0.49% N/A COMEX SILVER USD/T OZ. 19.61 -0.13 -0.66% JULY-14 SILVER SPOT USD/T OZ. 19.58 -0.10 -0.51% N/A COMEX COPPER USD/LB. 3.0920 -0.0030 -0.10% JULY-14 PALTINUM SPOT USD/T OZ. 1415.50 -5.25 -0.37% N/A ENERGY COMMODITY FUTURES COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT CRUDE OIL(WTI) USD/BBL. 100.94 0.19 0.19% JUNE-14 CRUDE OIL(BRENT) USD/BBL. 108.13 -1.68 -1.53% JUNE-14 NY. NATURAL GAS USD/MMBTU 4.766 0.106 2.27% JUNE-14 NY. HEATING OIL USD/GAL. 294.70 -4.31 -1.44% JUNE-14 YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300 DAILY MARKET OUTLOOK 29th APRIL-2014
  • COMMODITY SUPPORT-2 SUPPORT-1 PIVOT RESISTANCE-1 RESISTANCE-2 GOLD(JUNE-14) 1284.20 1290.50 1298.50 1304.80 1312.80 SILVER(JULY-14) 19.38 19.49 19.64 19.75 19.90 WTICRUDEOIL(JUNE-14) 99.77 100.35 100.94 101.52 102.11 NATURALGAS(JUNE-14) 4.592 4.679 4.746 4.833 4.900 COPPER(JULY-14) 3.0707 3.0813 3.0927 3.1033 3.1147 LME BASE METALS OFFICIAL CASH PRICES ( $/MT ) LME WAREHOUSE STOCKS (INVENTORY) METALS PRICE ( $/MT ) CHANGE % CHANGE METALS INVENTORY CHANGE (MT) ALUMINIUM 1800.50 -23.00 -1.26% ALUMINIUM 8250 COPPER 6782.00 -3.50 -0.05% COPPER -1950 LEAD 2125.00 -18.00 -0.84% LEAD -300 ZINC 2061.50 -0.50 -0.02% ZINC -2925 NICKEL 18550.00 85.00 0.46% NICKEL -96 TIN 23800.00 -15.00 -0.06% TIN -605 YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300 DAILY SUPPORT & RESISTANCE 29th APRIL-2014 View slide
  • YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300 • Gold prices fell in Asia on Tuesday, continuing a decline seen in the U.S. on support for the dollar and in thin trade with Japanese markets shut and the region gearing up for the May 1 holiday. On the Comex division of the New York Mercantile Exchange, gold futures for June delivery traded at $1,295.70 a troy ounce, down 0.25%, after hitting an overnight session low of $1,292.20 and off a high of $1,306.50. • Silver comex for July delivery was down 0.04% at US$19.612 a troy ounce, while coppeR futures for July delivery were down 0.04% at US$3.091 a pound. • Crude oil prices in Asia held mostly flat on Tuesday in subdued trade with Japan markets shut and the region gearing up for the May 1 holiday. On the New York Mercantile Exchange, West Texas Intermediate crude oil for delivery in June traded at $100.85 a barrel, flat, after hitting an overnight session low of $100.39 a barrel and a high of $101.52 a barrel. • Brent crude for delivery in June fell $1.46, or 1.3%, to $108.12 a barrel on the ICE Futures Europe exchange on Monday, the lowest settlement since April 11. • A late-season cool snap over parts of the U.S. coupled with expectations for a bullish weekly supply report due out later this week sent natural gas prices rising on Monday. On the New York Mercantile Exchange, natural gas futures for delivery in June traded at $4.778 per million British thermal units during U.S. trading, up 2.57%. The commodity hit session high of $4.785 and a low of $4.648. The June contract settled down 1.38% on Friday to end at $4.658 per million British thermal units. • The base metals prices, which were initially higher in Asia, were ranging tightly around preweekend closing levels during Monday's LME pre-market. In the metals, the copper price peaked at $6,798 during the early Asian sessions but then tracked back to $6,774 per tonne, up $9 on Friday's close. Warehouse stocks were down for the fifth day in a row - falling a net 1,950 tonnes to 237,000 tonnes, the lowest since October 2012. Nickel hit $18,715, the highest since early-February 2013, and then settled back at $18,555, up $105 - stocks were down 96 tonnes at 277,638 tonnes. The aluminium price at $1,854 was up just $1, with stocks rising for the third day in a row. The 8,250-tonne increase lifted the stockpile to a two-week high of 5,347,575 tonnes. the zinc price was $12 higher at $2,069 - stocks were down 2,925 tonnes at 783,550 tonnes, the lowest since late-March. Lead was $7 lower at $2,155, with inventories down 300 tonnes at 192,975 tonnes, the lowest again since September 2013. Tin was just $50 higher at $23,675, while a punchy 605-tonne fall in stocks brought the total down to a two-month low of 8,845 tonnes. In the forward spreads, 'TOM/next' (tomorrow/next day) was trading at a backwardation of $3.00, while cash/threes was around $121/126 premium. INTERNATIONAL COMMODITY NEWS 29th APRIL-2014 View slide
  • YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300 EPIC DAILY TOP PICKS 29th APRIL-2014 WTICRUDEOIL-NYMEX DAILY CANDLESTICK CHART TRADING STRATEGY : WTICRUDEOIL-NYMEX has closed @ 100.86. If it breaks the level of 100.55, it can touch the level of 100.05 & 99.51 respectively. If it sustain above the level of 101.82, it can touch the level of 102.32 & 102.90 respectively. SELL WTICRUDEOIL-NYMEX BELOW 100.55 TGTS 100.05, 99.51 SL 101.15. BUY WTICRUDEOIL-NYMEX ABOVE 101.82 TGTS 102.32, 102.90 SL 101.22.
  • YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300 TODAY'S ECONOMIC EVENTS 29th APRIL-2014
  • 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