Daily comex research report by epic research for 02 july 2014
Upcoming SlideShare
Loading in...5
×
 

Daily comex research report by epic research for 02 july 2014

on

  • 84 views

Epic Research Private Limited is the advisory firm awarded with the Service Excellence Award. We are delivering services in providing consultation regarding Capital Stock Market of India and other ...

Epic Research Private Limited is the advisory firm awarded with the Service Excellence Award. We are delivering services in providing consultation regarding Capital Stock Market of India and other global markets.

Statistics

Views

Total Views
84
Views on SlideShare
84
Embed Views
0

Actions

Likes
1
Downloads
0
Comments
0

0 Embeds 0

No embeds

Accessibility

Upload Details

Uploaded via as Adobe PDF

Usage Rights

© All Rights Reserved

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Processing…
Post Comment
Edit your comment

Daily comex research report by epic research for 02 july 2014 Daily comex research report by epic research for 02 july 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 02nd JULY-2014
  • PRECIOUS METALS AND INDUSTRIAL METALS COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT COMEX GOLD USD/T OZ. 1326.60 4.60 0.35% AUG-14 GOLD SPOT USD/T OZ. 1326.17 -0.80 -0.06% N/A COMEX SILVER USD/T OZ. 21.07 0.00 0.00% SEP-14 SILVER SPOT USD/T OZ. 21.02 0.02 0.10% N/A COMEX COPPER USD/LB. 3.2030 -0.0020 -0.06% SEP-14 PALTINUM SPOT USD/T OZ. 1507.25 25.50 1.72% N/A ENERGY COMMODITY FUTURES COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT CRUDE OIL(WTI) USD/BBL. 105.34 -0.03 -0.03% AUG-14 CRUDE OIL(BRENT) USD/BBL. 112.29 -0.07 -0.06% AUG-14 NY. NATURAL GAS USD/MMBTU 4.455 -0.006 -0.13% AUG-14 NY. HEATING OIL USD/GAL. 297.82 0.29 0.10% AUG-14 YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300 DAILY MARKET OUTLOOK 02nd JULY-2014
  • COMMODITY SUPPORT-2 SUPPORT-1 PIVOT RESISTANCE-1 RESISTANCE-2 GOLD(AUG-14) 1317.60 1322.10 1328.50 1333.00 1339.40 SILVER(SEP-14) 20.91 20.99 21.13 21.21 21.35 WTICRUDEOIL(AUG-14) 103.85 104.60 105.34 106.09 106.83 NATURALGAS(AUG-14) 4.364 4.409 4.449 4.494 4.534 COPPER(SEP-14) 3.1850 3.1940 3.2030 3.2120 3.2210 LME BASE METALS OFFICIAL CASH PRICES ( $/MT ) LME WAREHOUSE STOCKS (INVENTORY) METALS PRICE ( $/MT ) CHANGE % CHANGE METALS INVENTORY CHANGE (MT) ALUMINIUM 1837.50 -13.00 -0.70% ALUMINIUM 25450 COPPER 7015.00 60.00 0.86% COPPER 25 LEAD 2129.00 0.00 0.00% LEAD -100 ZINC 2194.00 -10.50 -0.48% ZINC -525 NICKEL 18850.00 135.00 0.72% NICKEL 366 TIN 22580.00 725.00 3.32% TIN 100 YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300 DAILY SUPPORT & RESISTANCE 02nd JULY-2014
  • YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300 INTERNATIONAL COMMODITY NEWS 02nd JULY-2014 • Gold prices edged out a small gain in early Aisan trade on Wednesday in a slight follow through from gains in the U.S. overnight. On the Comex division of the New York Mercantile Exchange, gold futures for August delivery traded at $1,326.90 a troy ounce, up 0.02%, after hitting an overnight session low of $1,324.70 and off a high of $1,333.10. • Silver for September delivery was udown 0.18% at $21.078 a troy ounce. Copper futures for September delivery were down 0.02% at $3.203 a pound. • Crude oil prices eased in Asia on Wednesday as an industry report on U.S. supplies showed a less than expected drop. On the New York Mercantile Exchange, West Texas Intermediate Crude Oil for delivery in August traded at $105.29 a barrel, down 0.05%, after hitting an overnight session low of $104.79 a barrel and a high of $106.08 a barrel. • Brent oil for August, the global benchmark, fell 0.1% to settle at $112.29 a barrel on Tuesday. • Natural gas futures fell on Tuesday after markets locked in gains from warm weather forecasts, sold for profits and jumped to the sidelines ahead of Thursday's weekly U.S. supply report. On the New York Mercantile Exchange, natural gas futures for delivery in August traded at $4.454 per million British thermal units during U.S. trading, down 0.17%. The commodity hit a session high of $4.487 and a low of $4.403. The August contract settled up 1.18% on Monday to end at $4.461 per million British thermal units. • Base metals drifted on Wednesday Asian trade after a data-heavy day and ahead of the keenly-eyed Thursday’s US jobs report. In the metals, copper traded as high as $7,028.50 on Tuesday and ended at $7,020 per tonne. However, the upside provided by the stronger Chinese PMI did not last, with the metal breaking below key level $7,000 this morning. The metal is now at $6,998, trading around $22 lower than where it concluded on Monday. Aluminium was slightly lower at $1,882 from Tuesday’s $1,884, a $2 loss, with inventories seeing a bumper jump of 25,450 tonnes to a one-week high of 5,071,650 tonnes. This was due to a 31,000-tonne warranting in Vlissingen, which now holds 2,061,725 tonnes. Zinc at $2,181 is $5 lower although stocks were down 525 tonnes at 667,950 tonnes. Lead slipped $14 from $2,169 to $2,155, with stocks falling 100 tonnes to 193,700 tonnes. Nickel lost $150 overnight to $18,975 compared to Tuesday’s $19,125, with inventories climbing 366 tonnes to 305,256 tonnes, not far off recent all-time highs. Tin is the only metal to see some upside today, gaining $181 to the current $22,630 even as stocks rose 100 tonnes to 11,485 tonnes, the highest since November last year.
  • YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300 EPIC DAILY TOP PICKS 02nd JULY-2014 BRENTCRUDEOIL-NYMEX DAILY CANDLESTICK CHART TRADING STRATEGY : BRENTCRUDEOIL-NUMEX has closed @ 111.99. If it breaks the level of 111.81, it can touch the level of 111.31 & 110.61 respectively. If it sustain above the level of 113.15, it can touch the level of 113.65, 114.35 respectively. SELL BRENTCRUDEOIL-NYMEX BELOW 111.81 TGTS 111.31, 110.61 SL 112.41. BUY BRENTCRUDEOIL-NYMEX ABOVE 113.15 TGTS 113.65, 114.35 SL 112.55.
  • YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300 TODAY'S ECONOMIC EVENTS 02nd JULY-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