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Daily comex market analysis report by epic research 9th april 2014
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Daily comex market analysis report by epic research 9th 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 09th APRIL-2014
  • 2. PRECIOUS METALS AND INDUSTRIAL METALS COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT COMEX GOLD USD/T OZ. 1310.10 11.40 0.88% JUNE-14 GOLD SPOT USD/T OZ. 1308.34 11.32 0.87% N/A COMEX SILVER USD/T OZ. 20.03 0.10 0.50% MAY-14 SILVER SPOT USD/T OZ. 20.03 0.18 0.91% N/A COMEX COPPER USD/LB. 3.0550 0.0210 0.69% MAY-14 PALTINUM SPOT USD/T OZ. 1436.75 11.50 0.81% N/A ENERGY COMMODITY FUTURES COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT CRUDE OIL(WTI) USD/BBL. 102.33 1.55 1.54% MAY-14 CRUDE OIL(BRENT) USD/BBL. 107.56 1.59 1.50% MAY-14 NY. NATURAL GAS USD/MMBTU 4.551 0.080 1.79% MAY-14 NY. HEATING OIL USD/GAL. 292.75 3.37 1.16% MAY-14 YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300 DAILY MARKET OUTLOOK 09th APRIL-2014
  • 3. COMMODITY SUPPORT-2 SUPPORT-1 PIVOT RESISTANCE-1 RESISTANCE-2 GOLD(APR-14) 1289.83 1299.97 1307.33 1317.47 1324.83 SILVER(MAY-14) 19.74 19.88 20.03 20.17 20.32 WTICRUDEOIL(APR-14) 99.98 101.15 101.93 103.10 103.88 NATURALGAS(APR-14) 4.424 4.487 4.527 4.590 4.630 COPPER(MAY-14) 3.0117 3.0333 3.0477 3.0693 3.0837 LME BASE METALS OFFICIAL PRICES ( $/MT ) LME WAREHOUSE STOCKS (INVENTORY) METALS PRICE ( $/MT ) CHANGE % CHANGE METALS INVENTORY CHANGE (MT) ALUMINIUM 1793.50 -16.50 -0.91% ALUMINIUM 250 COPPER 6610.50 -66.50 -1.00% COPPER -1975 LEAD 2022.00 -24.00 -1.17% LEAD 375 ZINC 1986.00 -12.50 -0.63% ZINC -3050 NICKEL 16470.00 -45.00 -0.27% NICKEL 588 TIN 23125.00 -60.00 -0.26% TIN -75 YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300 DAILY SUPPORT & RESISTANCE 09th APRIL-2014
  • 4. YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300 • Gold prices in Asia Wednesday held gains as investors expressed geopolitical jitters and eyed the U.S. Federal Reserve for clues on the direction of the dollar. On the Comex division of the New York Mercantile Exchange, gold for June delivery traded at $1,309.90 a troy ounce, up 0.06%, after hitting an overnight session high of $1,314.70 and up from a low of $1,296.80. Overnight, gold prices rose as expectations that the minutes from the Federal Reserve's March policy meeting to be released Wednesday will reveal dovish language and a less-than-stellar take on U.S. recovery. • Silver for May delivery was down 0.14% to 20.028 a troy ounce, while copper for May delivery was up 0.09% and trading at $3.056 a pound. • Crude oil prices eased in Asia on Wednesday in a bout of profit-taking after a report U.S. output this year and next may be less than expected initially boosted the commodity, but industry data subsequently presented a bearish near-term stocks view. On the New York Mercantile Exchange, West Texas Intermediate crudeoil for delivery in May traded at $102.34 a barrel, down 0.22%, after hitting an overnight session low of $100.67 a barrel and a high of $102.49 a barrel. • Brent crude on the ICE futures exchange rose $1.85, or 1.8%, to $107.67 a barrel on Tuesday. • Natural gas prices jumped up on Tuesday as updated weather-forecasting models called for cool temperatures to settle in as a spring storm treks across the central and eastern U.S. On the New York Mercantile Exchange, natural gas futures for delivery in May traded at $4.539 per million British thermal units during U.S. trading, up 1.40%. The commodity hit session high of $4.551 and a low of $4.461. The May contract settled down 0.83% on Monday to end at $4.476 per million British thermal units. • Base metals prices rose in premarket trading on Tuesday on short-covering, although volumes on Select remain weak despite the return of China to the market after a one-day holiday on Monday just 4,500 lots have changed hands so far.The copper price at $6,697 per tonne was up $23 on Monday’s close but down from its earlier session high of $6,710. Stocks continued to extend lower, dropping a net 1,975 tonnes to 252,600 tonnes, with cancelled warrants at 115,525 tonnes, down 2,025 tonnes. Aliminium is finding resistance at $1,850 but recent trade at $1,830 was still up $13. Stock movements were limited today following the hefty moves of recent sessions - stocks rose 250 tonnes to 5,355,925 tonne, while cancelled warrants were down just 775 tonnes to 2,903,050 tonnes. The Lead price was $3 higher at $2,068 although stocks climbed 375 tonnes to 202,400 tonnes and zinc at $2,014 was $12 higher - stocks fell 3,50 tonnes to 824,325 tonnes and cancelled warrants rose 8,250 tonnes to 178,425 tonnes. Nickel at $16,430 was $20 higher even though stocks increased 588 tonnes to 281,598 tonnes. Tin at $23,232 was up just $7 following a 75-tonne decrease in stocks to 9,420 tonnes. INTERNATIONAL COMMODITY NEWS 09th APRIL-2014
  • 5. YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300 EPIC DAILY TOP PICKS 09th APRIL-2014 WTICRUDEOIL-NYMEX DAILY CANDLESTICK CHART TRADING STRATEGY : WTICRUDEOIL-NYMEX has closed @ 102.35. If it sustain above the level of 102.37, it can touch the level of 102.87 & 103.49 respectively. If it breaks the level of 101.13, it can touch the level of 100.63 & 100.01 respectively. BUY WTICRUDEOIL-NYMEX ABOVE 102.37 TGTS 102.87, 103.49 SL 101.72. SELL WTICRUDEOIL-NYMEX BELOW 101.13 TGTS 100.63, 100.01 SL 101.78.
  • 6. YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300 TODAY'S ECONOMIC EVENTS 09th 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