Daily commodity market report 05 may -2014 by epic research

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5th MAY 2014
DAILY COMMODITY REPORT
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5th MAY 2014
COMMODITY CONTRACT OPEN PRICE HIGH LOW CLOSE PRICE %CHANGE OI (in lots)
GOLD 05-JUN-14 28597.00 28889.00 28420.00 28580.00 1.03 10167
SILVER 05-MAY-14 40940.00 42265.00 40900.00 40906.00 2.96 844
CRUDEOIL 21-APR-14 5993.00 6049.00 5986.00 5999.00 0.17 7532
NATURALGAS 25-APR-14 285.50 288.30 282.10 286.00 -1.29 8940
COPPER 30-APR-14 406.00 413.65 405.55 406.95 1.13 15315
LEAD 30-APR-14 125.20 126.35 124.90 125.70 0.24 2462
NICKEL 30-APR-14 1107.70 1107.70 1096.10 1108.10 -0.61 9443
ZINC 30-APR-14 122.05 123.55 121.70 122.25 098 1557
ALUMINIUM 30-APR-14 106.10 106.55 105.70 106.35 -0.24 3261
DAILY MARKET WRAPUP
METAL TONNES IN STORAGE
ALUMINIUM 3875
COPPER -1200
LEAD UNCH
NICKEL -348
TIN UNCH
ZINC -3675
LME WAREHOUSE STOCKS ( 2-MAY- 2014)

5th MAY 2014
COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT
CRUDE OIL (WTI) USD/BBL. 99.85 +0.09 +0.09% JUN 14
CRUDE OIL (BRENT) USD/BBL. 108.49 -0.10 -0.09% JUN 14
RBOB GASOLINE USD/GAL. 294.62 +0.17 +0.06% JUN 14
NYMEX NATURAL GAS USD/MMBTU 4.68 +0.01 +0.17% JUN 14
NYMEX HEATING OIL USD/GAL. 292.05 -0.18 -0.06% JUN 14
COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT
COMEX GOLD USD/T OZ. 1,305.90 +3.00 +0.23% JUN 14
GOLD SPOT USD/T OZ. 1,306.01 +6.31 +0.49% N/A
COMEX SILVER USD/T OZ. 19.55 0.00 +0.02% JUL 14
COMEX COPPER USD/LB. 307.50 +0.50 +0.16% JUL 14
PLATINUM SPOT USD/T OZ. 1,444.00 +5.62 +0.39% N/A
INTERNATIONAL MARKETS
ENERGY COMMODITY FUTURES
PRECIOUS AND INDUSTRY METALS

5th MAY 2014
MOST ACTIVE CONTRACTS
Symbol Expiry Date LTP Value (In Lacs) Volume (In Lots)
SILVERMICRO 30-06-2014 42571.00 4,42,83,63,133.00 1,04,023
CRUDE OIL 19-05-2014 6009.00 32,25,21,057.00 53,673
SILVER M 30-06-2014 42565.00 2,13,30,17,280.00 50,112
NATURAL GAS 27-05-2014 282.30 1,04,17,434.60 36,902
COPPER 30-06-2014 411.55 1,15,60,439.50 28,090
COPPERMINI 30-06-2014 411.65 95,27,227.60 23,144
NICKEL 30-05-2014 1101.30 2,46,55,904.40 22,388
NICKELMINI 30-05-2014 1101.20 1,77,70,064.40 16,137
GOLD 05-06-2014 28873.00 45,32,48,354.00 15,698
LEADMINI 30-05-2014 125.95 14,85,706.20 11,796

5th MAY 2014
COMMODITY EXPIRY SUP.3 SUP.2 SUP.1 PIVOT RES.1
ALUMINIUM 30-MAY 105.30 105.75 106.15 106.60 107.00
COPPER 30-JUN 402.15 406.85 410.25 414.95 418.35
CRUDEOIL 19-MAY 5952 5981 6015 6044 6078
GOLD 5-JUN 28258 28564 28727 29033 29196
LEAD 30-MAY 124.30 125.15 125.75 126.60 127.20
NATURALGAS 27-MAY 278.03 280.17 284.23 286.37 290.43
NICKEL 30-MAY 1089.9 1095.6 1101.6 1107.3 1113.3
SILVER 5-JUL 40941 41741 42254 43054 43567
ZINC 30-MAY 121.07 122.28 122.92 124.13 124.77
INTRADAY SUPPORT AND RESISTANCE

5th MAY 2014
TODAY,S COMMODITY NEWS
COMMODITY HEADLINES
Gold, silver surge on wedding season buying, global cues
Gold sales lose glitter on Akshya Tritiya
Gold, silver fall on 'Akshaya Tritiya' day
Gems, jewellery imports drop 9%
Nickel down 0.3% on overseas trends, subdued demand
Copper down 0.3% on weak global cues
In a first, iron ore mines likely to be put on the block
Rice meant for poor ends up in black market
Turmeric down 1.2% on sluggish demand
Refined soya oil down 0.5% on low demand
Crude prices down in Asian trade
Crude prices edge higher in Asia
Oil prices fall after Russia downgrade
Manoj Vaish quits as MCX MD

5th MAY 2014
SPECIAL NEWS
Total non-farm payroll employment rose by 288,000, and
the unemployment rate fell by 0.4 percentage point to 6.3
percent in April, the U.S. Bureau of Labor Statistics report-
edtoday. Employment gains were widespread, led by job
growth in professional and business services, retail trade,
food services and drinking places, and construction. The
change in total non-farm payroll employment for February
was revised from +197,000 to +222,000, and the change for
March was revised from+192,000 to +203,000.
LME Aluminium averaged at $ 1812.75 per tonne, up 6.4 %
in the month ending 30 April 2014. However prices are ex-
pected to face pressure due to rise in production to all time
highs. The rise has come at the time when the production
of Aluminium reached record levels. The viability in terms
of upcoming demand in Aluminium remains grim even
though the prices saw sharp appreciation last month. The
data estimates from International Aluminium Institute
(IAI) showed that the total primary Aluminium production
reached 4.33 million tonnes in the month of March 2014
COMMODITY BUZZ
Gold staged a strong recovery today by surging Rs 320 to
Rs 30,710 per 10 grams in the national capital on emer-
gence of buying by stockists to meet the ongoing wedding
season demand amid a firming trend overseas. Silver also
snapped its three-day falling streak and spurted by Rs
1,050 to Rs 42,700 per kg on increased offtake by indus-
trial units and coin makers. Traders attributed the re-
bound in precious metals to buying by stockists for the
ongoing wedding season demand. Besides, a firming global
trend where gold advanced the most since mid-March as
tensions between Russia and Ukraine
Globally, the shiny metal surged to reclaim the USD 1,300
an ounce mark, bolstered by safe-haven demand following
escalating geopolitical tensions and heavy short-covering
despite encouraging US macro data. Gold for June delivery
jumped $19.50 to settle at $1,302.90 an ounce on the
Comex division of the NYMEX late yesterday, while silver
gained 50 cents to $19.55 an ounce.
COMMODITY BUZZ AND ECONOMIC EVENTS

5th MAY 2014
EPIC RESEARCH– ANALYST SPEAKS
SILVER
BUY SILVER (JULY) ABOVE 42630 TGTS 42830/43120 SL 42300
SELL SILVER (JULY) BELOW 41900 TGTS 41700/41400 SL 42310

5th MAY 2014
GOLD
BUY GOLD (JUNE) ABOVE 28910 TGTS 28990/29090 SL 28800
SELL GOLD (JUNE) BELOW 28770 TGTS 28690/28590 SL 28890

5th MAY 2014
DHANIY
Dhaniya daily chart, price near to its support level and bounce we will waiting for the closing of next trading session
where it will give. however trend is bullish. Momentum indicator RSI is in mid range
Immediate support @ 9380 & Immediate resistance @ 9450.
BUY DHANIYA MAY ABOVE 9450 TGTS 9480,9530 SL 9400
SELL DHANIYA MAY BELOW 9380 TGTS 9350,9300 SL 9430
RESISTANCE 2 9472
RESISTANCE 1 9524
PIVOT 9370
SUPPORT 1 9344
SUPPORT 2 9268

5th MAY 2014
GUARSEED
Guarseed may daily chart, trend is in bullish. Expecting from here onwards guarseed price may go up
Momentum indicators RSI is in overbought zone signs bullishness.
In intraday basis immediate support @ 5450 & immediate resistance @ 5555.
BUY GUARSEED ABOVE 5555 TGTS 5585,5625 SL 5505
SELL GUARSEED BELOW 5450 TGTS 5420,5370 SL 5500
RESISTANCE 2 5578
RESISTANCE 1 5627
PIVOT 5469
SUPPORT 1 5448
SUPPORT 2 5367

5th MAY 2014
MONDAY, MAY 05
TIME COUNTRY EVENT ACTUAL FORECAST PREVIOUS
ALL DAY HOLIDAY
UNITED KINGDOM - EARLY MAY BANK
HOLIDAY
ALL DAY HOLIDAY JAPAN - CHILDREN'S DAY
ALL DAY HOLIDAY SOUTH KOREA - CHILDREN'S DAY
10:00 USD ISM NON-MANUFACTURING EMPLOYMENT 53.6
10:00 USD ISM NON-MANUFACTURING PMI 54.1 53.1
21:30 AUD TRADE BALANCE 1.200B 1.200B
TODAY’S ECONOMIC EVENTS

5th MAY 2014
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Daily commodity market report 05 may -2014 by epic research

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Daily commodity market report 05 may -2014 by epic research