Daily comex market report by epic research 30 april 2014
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Daily comex market report by epic research 30 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.

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Daily comex market report by epic research 30 april 2014 Daily comex market report by epic research 30 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 30th APRIL-2014
  • PRECIOUS METALS AND INDUSTRIAL METALS COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT COMEX GOLD USD/T OZ. 1296.20 -0.60 -0.05% JUNE-14 GOLD SPOT USD/T OZ. 1295.65 -0.72 -0.06% N/A COMEX SILVER USD/T OZ. 19.49 -0.12 -0.61% JULY-14 SILVER SPOT USD/T OZ. 19.44 -0.14 -0.72% N/A COMEX COPPER USD/LB. 3.0770 -0.0150 -0.49% JULY-14 PALTINUM SPOT USD/T OZ. 1426.25 10.75 0.76% N/A ENERGY COMMODITY FUTURES COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT CRUDE OIL(WTI) USD/BBL. 100.58 -0.36 -0.36% JUNE-14 CRUDE OIL(BRENT) USD/BBL. 108.86 0.73 0.68% JUNE-14 NY. NATURAL GAS USD/MMBTU 4.838 0.072 1.51% JUNE-14 NY. HEATING OIL USD/GAL. 295.92 1.22 0.41% JUNE-14 YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300 DAILY MARKET OUTLOOK 30th APRIL-2014
  • COMMODITY SUPPORT-2 SUPPORT-1 PIVOT RESISTANCE-1 RESISTANCE-2 GOLD(JUNE-14) 1279.93 1288.07 1294.73 1302.87 1309.53 SILVER(JULY-14) 19.20 19.35 19.48 19.63 19.76 WTICRUDEOIL(JUNE-14) 99.47 100.03 101.11 101.67 102.75 NATURALGAS(JUNE-14) 4.722 4.780 4.813 4.871 4.904 COPPER(JULY-14) 3.0517 3.0643 3.0797 3.0923 3.1077 LME BASE METALS OFFICIAL CASH PRICES ( $/MT ) LME WAREHOUSE STOCKS (INVENTORY) METALS PRICE ( $/MT ) CHANGE % CHANGE METALS INVENTORY CHANGE (MT) ALUMINIUM 1779.50 -21.00 -1.17% ALUMINIUM 11900 COPPER 6770.00 -12.00 -0.18% COPPER -1925 LEAD 2095.00 -30.00 -1.41% LEAD UNCHANGED ZINC 2052.00 -9.50 -0.46% ZINC -3200 NICKEL 18230.00 -320.00 -1.73% NICKEL -582 TIN 23590.00 -210.00 -0.88% TIN 535 YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300 DAILY SUPPORT & RESISTANCE 30th APRIL-2014
  • YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300 • Gold prices were flat in Asia on Wednesday as investors held steady ahead of the May 1 holidays in much of the region with major buyer China on the sidelines on Thursday and Friday. On the Comex division of the New York Mercantile Exchange, gold futures for June delivery traded at $1,296.20a troy ounce, down 0.01%, after hitting an overnight session low of $1,286.60 and off a high of $1,301.40. Overnight, gold prices inched lower as investors shrugged off lackluster U.S. data and remained camped out in safe-haven dollar positions ahead of the Federal Reserve's Wednesday statement on monetary policy. • Silver comex for July delivery fell 0.22% at US$19.495 a troy ounce, while copper futures for July delivery rose 0.07% to US$3.077 a pound. • Crude oil futures fell in Asia on Wednesday after bearish industry data on U.S. supplies and prospects for increased exports from Libya. On the New York Mercantile Exchange, West Texas Intermediate crude oil for delivery in June traded at $100.63 a barrel, down 0.65%, after hitting an overnight session low of $100.82 a barrel and a high of $102.20 a barrel. • Brent crude on the ICE futures exchange rose 86 cents, or 0.8%, to $108.98 a barrel. • A late-season cool snap over parts of the U.S. coupled with expectations for a bullish weekly supply report due out Thursday sent natural gas prices to two-month highs on Tuesday. On the New York Mercantile Exchange, natural gas futures for delivery in June traded at $4.826 per million British thermal units during U.S. trading, up 0.55%. The commodity hit session high of $4.846 and a low of $4.756. The June contract settled up 3.03% on Monday to end at $4.799 per million British thermal units. • Base metals prices were marking time on Tuesday morning ahead of key data releases and tomorrow's FOMC meeting. While most prices have moved into positive territory, the changes were marginal. The copper price at $6,761 was up $16, with volumes picking up - around 7,500 lots have changed hands on Select so far. Tightness in the benchmark cash/threes spreads has eased slightly to $18.25 - it closed at a backwardation of $20.25. Inventories fell for the ninth consecutive day, down 1,925 tonnes to 235,075 tonnes. Aluminium at $1,827 was $2 lower - stocks increased for the fourth consecutive day, rising 11,900 tonnes to 5,359,475 tonnes due warrantings in in Vlissingen. Cancelled warrants dropped 5,775 tonnes to 2,923,575 tonnes. Lead was $14.50 lower at $2,122, with no changes in stocks, and the zinc price slipped $2 lower to $2,064 after inventories fell 3,200 tonnes to 780,350 tonnes but cancelled warrants dropped 3,225 tonnes to 143,375 tonnes. Tin at $23,539 lost $61 - stocks increased 535 tonnes to 9,380 tonnes. Tightness in spreads remains pronounced, with cash/threes at a backwardation of $112, albeit lower than the Friday close of $130 back. INTERNATIONAL COMMODITY NEWS 30th APRIL-2014
  • YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300 EPIC DAILY TOP PICKS 30th APRIL-2014 SILVER-COMEX DAILY CANDLESTICK CHART TRADING STRATEGY : SILVER-COMEX has closed @ 19.44. If it breaks the level of 19.35, it can touch the level of 19.21 & 19.02 respectively. If it sustain above the level of 19.74, it can touch the level of 19.88 & 20.07 respectively. SELL SILVER-COMEX BELOW 19.35 TGTS 19.21, 19.02 SL 19.56. BUY SILVER-COMEX ABOVE 19.74 TGTS 19.88, 20.07 SL 19.53.
  • YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300 TODAY'S ECONOMIC EVENTS 30th 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