Daily comex market analysis report by epic research 24 april 2014

83 views

Published on

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.

Published in: Business, Economy & Finance
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
83
On SlideShare
0
From Embeds
0
Number of Embeds
1
Actions
Shares
0
Downloads
1
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

Daily comex market analysis report by epic research 24 april 2014

  1. 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 24th APRIL-2014
  2. 2. PRECIOUS METALS AND INDUSTRIAL METALS COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT COMEX GOLD USD/T OZ. 1284.20 -0.70 -0.05% JUNE-14 GOLD SPOT USD/T OZ. 1283.68 0.35 0.03% N/A COMEX SILVER USD/T OZ. 19.43 0.01 0.05% MAY-14 SILVER SPOT USD/T OZ. 19.44 0.04 0.21% N/A COMEX COPPER USD/LB. 3.0560 0.0000 0.00% MAY-14 PALTINUM SPOT USD/T OZ. 1401.75 3.50 0.25% N/A ENERGY COMMODITY FUTURES COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT CRUDE OIL(WTI) USD/BBL. 101.61 -0.31 -0.30% JUNE-14 CRUDE OIL(BRENT) USD/BBL. 109.16 -0.28 -0.26% JUNE-14 NY. NATURAL GAS USD/MMBTU 4.759 -0.012 -0.25% JUNE-14 NY. HEATING OIL USD/GAL. 298.21 -2.80 -0.93% MAY-14 YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300 DAILY MARKET OUTLOOK 24th APRIL-2014
  3. 3. COMMODITY SUPPORT-2 SUPPORT-1 PIVOT RESISTANCE-1 RESISTANCE-2 GOLD(JUNE-14) 1276.73 1280.47 1284.73 1288.47 1292.73 SILVER(MAY-14) 19.30 19.37 19.45 19.52 19.60 WTICRUDEOIL(JUNE-14) 100.76 101.18 101.63 102.05 102.50 NATURALGAS(JUNE-14) 4.680 4.720 4.760 4.800 4.840 COPPER(MAY-14) 3.0180 3.0370 3.0510 3.0700 3.0840 LME BASE METALS OFFICIAL CASH PRICES ( $/MT ) LME WAREHOUSE STOCKS (INVENTORY) METALS PRICE ( $/MT ) CHANGE % CHANGE METALS INVENTORY CHANGE (MT) ALUMINIUM 1835.50 -11.50 -0.62% ALUMINIUM 3400 COPPER 6645.00 16.50 0.25% COPPER 950 LEAD 2141.50 8.50 0.40% LEAD 2450 ZINC 2068.00 0.50 0.02% ZINC 6375 NICKEL 18120.00 -110.00 -0.60% NICKEL 828 TIN 23725.00 50.00 0.21% TIN 100 YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300 DAILY SUPPORT & RESISTANCE 24th APRIL-2014
  4. 4. YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300 • Gold prices eased in Asia on Thursday in mild profit taking. On the Comex division of the New York Mercantile Exchange, gold futures for June delivery traded at $1,283.60 a troy ounce, down 0.08%, after hitting an overnight session low of $1,281.00 and off a high of $1,289.00. Overnight, gold prices rose after disappointing home sales figures reminded investors benchmark interest rates in the U.S. will remain low for the foreseeable future, a recipe for firm gold prices. • Silver for May delivery was down 0.07% at US$19.425 a troy ounce, while copper futures for May delivery was down 0.02% at US$3.057 a pound. • Crude oil prices rebounded in Asia on Thursday after a decline on U.S. supplies reaching an all-time high in weekly EIA data going back to August 1982. On the New York Mercantile Exchange, West Texas Intermediate crude oil for delivery in June traded at $101.58 a barrel, up 0.13%, after hitting an overnight session low of $101.21 a barrel and a high of $102.07 a barrel. • Brent crude on the ICE Futures Exchange fell 16 cents, or 0.2%, to $109.11 a barrel on Wednesday. • Natural carried Tuesday's gains into Wednesday after updated weather-forecasting models continued to call for below- normal temperatures stretching across portions of the central and eastern U.S. in the coming week. On the New York Mercantile Exchange, natural gas futures for delivery in June traded at $4.776 per million British thermal units during U.S. trading, up 0.37%. The commodity hit session high of $4.802 and a low of $4. 746. The June contract settled up 0.91% on Tuesday to end at $4.758 per million British thermal units. • The base metals were generally strong yesterday with average gains of 1.1 percent, copper bucked the trend it was down 0.2 percent at $6,657.50, while the rest were stronger, with nickel up 2.4 percent to $18,340, aluminium up 1.3 percent at $1,890 and the rest up around one percent. INTERNATIONAL COMMODITY NEWS 24th APRIL-2014
  5. 5. YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300 EPIC DAILY TOP PICKS 24th APRIL-2014 NATURALGAS-NYMEX DAILY CANDLESTICK CHART TRADING STRATEGY : NATURALGAS-NYMEX has closed @ 4.721. If it sustain above the level of 4.795, it can touch the level of 4.840 & 4.894 respectively. If it breaks the level of 4.676, it can touch the level of 4.631 & 4.575 respectively. BUY NATURALGAS-NYMEX ABOVE 4.795 TGTS 4.840, 4.894 SL 4.735. SELL NATURALGAS-NYMEX BELOW 4.676 TGTS 4.631, 4.575 SL 4.736.
  6. 6. YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300 TODAY'S ECONOMIC EVENTS 24th APRIL-2014
  7. 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

×