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Daily comex research report by epic research for 27 june 2014
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Daily comex research report by epic research for 27 june 2014

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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.

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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 27th JUNE-2014
  • 2. PRECIOUS METALS AND INDUSTRIAL METALS COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT COMEX GOLD USD/T OZ. 1317.00 -5.60 -0.42% AUG-14 GOLD SPOT USD/T OZ. 1316.15 -2.63 -0.20% N/A COMEX SILVER USD/T OZ. 21.14 0.07 0.33% SEP-14 SILVER SPOT USD/T OZ. 21.08 0.08 0.38% N/A COMEX COPPER USD/LB. 3.1710 0.0010 0.03% SEP-14 PALTINUM SPOT USD/T OZ. 1464.75 -5.00 -0.34% N/A ENERGY COMMODITY FUTURES COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT CRUDE OIL(WTI) USD/BBL. 105.84 -0.66 -0.62% AUG-14 CRUDE OIL(BRENT) USD/BBL. 113.21 -0.79 -0.69% AUG-14 NY. NATURAL GAS USD/MMBTU 4.441 -0.128 -2.80% AUG-14 NY. HEATING OIL USD/GAL. 301.86 -1.73 -0.57% AUG-14 YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300 DAILY MARKET OUTLOOK 27th JUNE-2014
  • 3. COMMODITY SUPPORT-2 SUPPORT-1 PIVOT RESISTANCE-1 RESISTANCE-2 GOLD(AUG-14) 1301.00 1309.00 1314.80 1322.80 1328.60 SILVER(SEP-14) 20.73 20.94 21.05 21.26 21.37 WTICRUDEOIL(AUG-14) 104.11 104.98 105.89 106.76 107.67 NATURALGAS(AUG-14) 4.282 4.361 4.485 4.564 4.688 COPPER(SEP-14) 3.1410 3.1560 3.1660 3.1810 3.1910 LME BASE METALS OFFICIAL CASH PRICES ( $/MT ) LME WAREHOUSE STOCKS (INVENTORY) METALS PRICE ( $/MT ) CHANGE % CHANGE METALS INVENTORY CHANGE (MT) ALUMINIUM 1857.00 -9.50 -0.51% ALUMINIUM -5825 COPPER 6936.50 46.00 0.67% COPPER -825 LEAD 2140.50 1.00 0.05% LEAD -275 ZINC 2180.00 10.50 0.48% ZINC -1075 NICKEL 18625.00 345.00 1.89% NICKEL -306 TIN 22425.00 -175.00 -0.77% TIN 85 YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300 DAILY SUPPORT & RESISTANCE 27th JUNE-2014
  • 4. YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300 INTERNATIONAL COMMODITY NEWS 27th JUNE-2014 • Gold prices gained in Asia on bargain hunting after an upbeat assessment on the U.S> economy by a Fed official dimmed hit the metal overnight. On the Comex division of the New York Mercantile Exchange, Gold futures for August delivery traded at $1,317.70 a troy ounce, up 0.05%, after hitting an overnight session low of $1,307.00 and off a high of $1,320.60. • Silver for September delivery was down 0.02% at $21.158 a troy ounce. Copper futures for September delivery were down 0.12% at $3.169 a pound. • Crude oil prices continued to fall into Asai on Friday as ample supplies outweigh, for now, the threat of disruption of shipments from Iraq and U.S. data pointed to weaker than expected demand. On the New York Mercantile Exchange, West Texas Intermediate crude oil for delivery in August traded at $105.68 a barrel, down 0.16%, after hitting an overnight session low of $105.04 a barrel and a high of $106.85 a barrel. • The Brent oil contract on the ICE Futures Europe fell by 0.1% to $113.67, and is now $2 below the levels reached a week ago. • Natural gas futures fell on Thursday after official data revealed U.S. inventories rose more than markets were expecting last week.On the New York Mercantile Exchange, natural gas futures for delivery in August traded at $4.448 per million British thermal units during U.S. trading, down 2.66%. The commodity hit a session high of $4.607 and a low of $4.434. The August contract settled up 0.29% on Wednesday to end at $4.569 per million British thermal units. • Base metals drifted routinely during Thursday LME premarket trading and looked set for a neutral day, traders said, after copper lost early upside momentum - prices had climbed to fresh three-week highs. In the metals, the copper price jumped to $6,954 at one stage before tailing away to $6,910 per tonne, down $5 from the previous kerb close. Warehouse stocks registered a 20th daily fall on the trot - dropping a net 825 tonnes to 156,000 tonnes, the lowest since August 2008, again. The aluminium price continued to encounter difficulty in sustaining a foothold above $1,900 and retest this week's two-week peaks, retreating to trade at $1,894, a $6 loss. Inventories declined for a 23rd successive day, with a 5,825-tonne fall to 5,060,425 tonnes, the lowest since October 2012. The zinc price traded at $2,184, up just $1 and struggling to test its 16-month highs hit at the start of the week near $2,200 - stocks fell 1,075 tonnes to 667,700 tonnes, a new low since December 2010. Sister metal lead at $2,171 was $4 higher, running below six-month peaks set earlier this week, while inventories dropped 275 tonnes to 191,900 tonnes. Nickel traded at $18,630, up $55, having corrected higher from near $18,000. Inventories dropped 306 tonnes to 305,556 tonnes but remain near all-time highs. The tin price slipped $75 to $22,425, with stocks climbing 85 tonnes to 11,185 tonnes, a fresh high since November 2013.
  • 5. YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300 EPIC DAILY TOP PICKS 27th JUNE-2014 NATURALGAS-NYMEX DAILY CANDLESTICK CHART TRADING STRATEGY : NATURALGASL-NYMEX has closed @ 4.445. If it breaks the level of 4.425, it can touch the level of 4.385 & 4.325 respectively. If it sustain above the level of 4.569, it can touch the level of 4.609, 4.669 respectively. SELL NATURALGAS-NYMEX BELOW 4.425 TGTS 4.385, 4.325 SL 4.470. BUY NATURALGAS-NYMEX ABOVE 4.569 TGTS 4.609, 4.669 SL 4.528.
  • 6. YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300 TODAY'S ECONOMIC EVENTS 27th JUNE-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

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