YOUR MINTVISORY Call us at +91-731-6642300
8th MAY 2014
DAILY COMMODITY REPORT
Our Presence
Epic Research India
411 Milind...
YOUR MINTVISORY Call us at +91-731-6642300
8th MAY 2014
COMMODITY CONTRACT OPEN PRICE HIGH LOW CLOSE PRICE %CHANGE OI (in ...
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8th MAY 2014
COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT
COMEX GOLD USD/T OZ...
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8th MAY 2014
MOST ACTIVE CONTRACTS
Symbol Expiry Date LTP Value (In Lacs) Volum...
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8th MAY 2014
COMMODITY EXPIRY SUP.3 SUP.2 SUP.1 PIVOT RES.1
ALUMINIUM 30-MAY 10...
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8th MAY 2014
TODAY,S COMMODITY NEWS
COMMODITY HEADLINES
Gold futures rise margi...
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8th MAY 2014
SPECIAL NEWS
MCX Copper futures are trading in a thin manner with ...
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8th MAY 2014
EPIC RESEARCH– ANALYST SPEAKS
GOLD
GOLD MCX Short term trend is DO...
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8th MAY 2014
EPIC RESEARCH– ANALYST SPEAKS
SILVER
SILVER MCX Short term trend i...
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8th MAY 2014
EPIC RESEARCH– ANALYST SPEAKS
DHANIYA
Dhaniya daily chart, price c...
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8th MAY 2014
EPIC RESEARCH– ANALYST SPEAKS
GUARSEED
Guarseed may daily chart, t...
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8th MAY 2014
THURSDAY, MAY 8
TIME COUNTRY EVENT ACTUAL FORECAST PREVIOUS
00:00 ...
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8th MAY 2014
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Daily commodity market report 08 may 2014 by epic research

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Daily commodity market report 08 may 2014 by epic research

  1. 1. YOUR MINTVISORY Call us at +91-731-6642300 8th MAY 2014 DAILY COMMODITY REPORT Our Presence Epic Research India 411 Milinda Manor (Suites 409- 417) 2 RNT Marg. Opp Cental Mall Indore (M.P.) Hotline: +91 731 664 2300 Or give us a missed call at 026 5309 0639 HNI & NRI Sales Contact Australia Mintara Road, Tarneit, Victoria. Post Code 3029 Phone.: +61 422 063855 HNI & NRI Sales Contact USA 2117 Arbor Vista Dr. Charlotte (NC) Cell: +1 704 249 2315 Toll Free Number 1-800-200-9454 All queries should be directed to Info@epicresearch.co
  2. 2. YOUR MINTVISORY Call us at +91-731-6642300 8th MAY 2014 COMMODITY CONTRACT OPEN PRICE HIGH LOW CLOSE PRICE %CHANGE OI (in lots) GOLD 05-JUN-14 28943.00 29036.00 28505.00 28887.00 -1.23 9980 SILVER 05-MAY-14 42869.00 42869.00 41870.00 42571.00 -1.49 15420 CRUDEOIL 19-MAY-14 6010.00 6060.00 6000.00 6006.00 0.43 7857 NATURALGAS 27-MAY-14 289.20 290.50 283.10 288.60 -1.63 8526 COPPER 30-APR-14 410.00 410.15 404.40 408.85 -0.88 18976 LEAD 30-APR-14 126.95 127.05 124.30 126.05 -1.19 2480 NICKEL 30-APR-14 1118.40 1124.00 1114.50 1115.00 0.53 11175 ZINC 30-APR-14 123.50 123.90 121.80 123.05 -0.85 1688 ALUMINIUM 30-APR-14 105.75 106.20 104.30 105.60 -1.11 4943 DAILY MARKET WRAPUP METAL TONNES IN STORAGE ALUMINIUM -13525 COPPER -8475 LEAD -225 NICKEL -1080 ZINC -2500 LME WAREHOUSE STOCKS ( 7-MAY- 2014)
  3. 3. YOUR MINTVISORY Call us at +91-731-6642300 8th MAY 2014 COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT COMEX GOLD USD/T OZ. 1,288.90 0.00 0.00% JUN 14 GOLD SPOT USD/T OZ. 1,289.42 -0.46 -0.04% N/A COMEX SILVER USD/T OZ. 19.29 -0.06 -0.29% JUL 14 COMEX COPPER USD/LB. 303.45 +0.20 +0.07% JUL 14 PLATINUM SPOT USD/T OZ. 1,436.75 +2.94 +0.21% N/A COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT CRUDE OIL (WTI) USD/BBL. 100.80 +0.03 +0.03% JUN 14 CRUDE OIL (BRENT) USD/BBL. 108.02 -0.11 -0.10% JUN 14 RBOB GASOLINE USD/GAL. 292.25 +0.43 +0.15% JUN 14 NYMEX NATURAL GAS USD/MMBTU 4.74 -0.00 -0.06% JUN 14 NYMEX HEATING OIL USD/GAL. 292.58 -0.17 -0.06% JUN 14 INTERNATIONAL MARKETS ENERGY COMMODITY FUTURES PRECIOUS AND INDUSTRY METALS
  4. 4. YOUR MINTVISORY Call us at +91-731-6642300 8th MAY 2014 MOST ACTIVE CONTRACTS Symbol Expiry Date LTP Value (In Lacs) Volume (In Lots) SILVERMICRO 30-06-2014 41968.00 3,44,12,92,064.00 81,998 CRUDE OIL 19-05-2014 6032.00 43,66,14,256.00 72,383 SILVER M 30-06-2014 41971.00 1,72,66,02,998.00 41,138 NATURAL GAS 27-05-2014 283.90 1,13,32,152.40 39,916 COPPER 30-06-2014 405.25 1,11,58,964.00 27,536 SILVER 05-07-2014 41938.00 1,00,37,02,154.00 23,933 NICKEL 30-05-2014 1120.90 2,63,62,447.10 23,519 COPPERMINI 30-06-2014 405.40 89,37,448.40 22,046 NICKELMINI 30-05-2014 1120.80 1,79,45,128.80 16,011 GOLD 05-06-2014 28533.00 43,38,72,798.00 15,206
  5. 5. YOUR MINTVISORY Call us at +91-731-6642300 8th MAY 2014 COMMODITY EXPIRY SUP.3 SUP.2 SUP.1 PIVOT RES.1 ALUMINIUM 30-MAY 103.07 103.73 104.97 105.63 106.87 COPPER 30-JUN 400.88 403.12 406.63 408.87 412.38 CRUDEOIL 19-MAY 5971 6002 6031 6062 6091 GOLD 5-JUN 28156 28338 28687 28869 29218 LEAD 30-MAY 122.55 123.55 125.30 126.30 128.05 NATURALGAS 27-MAY 278.40 281.10 285.80 288.50 293.20 NICKEL 30-MAY 1110.1 1115.8 1120.3 1126.0 1130.5 SILVER 5-JUL 41223 41576 42222 42575 43221 ZINC 30-MAY 120.45 121.20 122.55 123.30 124.65 INTRADAY SUPPORT AND RESISTANCE
  6. 6. YOUR MINTVISORY Call us at +91-731-6642300 8th MAY 2014 TODAY,S COMMODITY NEWS COMMODITY HEADLINES Gold futures rise marginally on global cues Gold declines on subdued demand; silver ends steady Gold futures up 0.22% on global cues Gold, silver surge on wedding season buying, global cues Copper up 0.3% on rising demand Nickel up 1.8% on global cues Steel consumption up 3.4% to 5.8 million tonnes in April India exports wheat worth Rs 2,590 cr Oilmeal exports up 20% in April Oilmeal exports rise by 20% in April Crude prices mixed in Asia Oil prices recover in Asian trade Crude prices down in Asian trade MCX takes action against 7 officials mentioned in PwC report Sweeping changes in comex ownership
  7. 7. YOUR MINTVISORY Call us at +91-731-6642300 8th MAY 2014 SPECIAL NEWS MCX Copper futures are trading in a thin manner with the lat- est sell off in global stocks keeping the sentiments under check. Poor data releases from China and the recent setback in US housing numbers are also ensuring that the metal extends a downward trend from seven-week highs. The red metal is quot- ing at $3.0515 per pound, down 0.18% the day. MCX Copper futures are trading at Rs 409.25 per kg, up Rs 0.40 per kg on the day Fresh data out today showed that the headline HSBC china ser- vice PMI dropped to 51.4 in April, down from 51.9 in March. Disinflationary pressures have became more evident as the in- put prices index eased to the weakest in ten months and the prices charged index contracted. The employment sub index fell to a seven month low and is now barely above the 50.0 neutral mark The Indian rupee commenced stronger on Wednesday, May 07, 2014 on speculation Federal Reserve Chair Janet Yellen will re- iterate a pledge to keep US interest rates low in testimony later in the global day today. Moreover, HSBC services sector data boosted confidence in the market and strong equities also sup- ported. COMMODITY BUZZ Gold prices rose further by Rs. 50 to Rs. 30,750 per ten gram in the national capital today on sustained buying by stockists to meet ongoing marriage season demand amid a firming global trend. Silver also moved up by Rs. 100 to Rs. 42,800 per kg on increased off take by industrial units and coin makers. Traders said continued buying by stockists driven by ongoing marriage season mainly led to rise in gold and silver prices. They said firming global trend where gold rose to highest in almost three weeks as worsening tensions in Ukraine increased demand for a safe haven, also influenced the sentiment. Gold in London, which normally sets price trend on the do- mestic front, rose by 0.4 per cent to $1,313.58 an ounce and silver by 0.6 per cent to $19.71 an ounce. In Delhi, gold of 99.9 and 99.5 per cent purity moved up by Rs. 50 each to Rs.30,750 and Rs. 30,550 per ten gram, respectively. Sovereign, however, met with some resistance and declined by Rs. 50 to Rs.25,100 per piece of eight gram. In line with a general trend, silver ready rose by Rs. 100 to Rs. 42,800 per kg and weekly-based delivery by Rs. 150 to Rs. 42,750 per kg, while silver held steady at Rs. 80,000 for buying and Rs. 81,000 for selling of 100 pieces COMMODITY BUZZ AND ECONOMIC EVENTS
  8. 8. YOUR MINTVISORY Call us at +91-731-6642300 8th MAY 2014 EPIC RESEARCH– ANALYST SPEAKS GOLD GOLD MCX Short term trend is DOWN, Immediate support @ 28500Immediate Resistance @ 28700 GOLD MCX Closed @28887.00. Yesterday Intraday Range of GOLD MCX was 516. Open Interest was UP 0.40 %, Volumes were 14835 lots. For today Keep a close eye on US data, volatility may Rule the overall Market due to USDINR Movements. BUY GOLD(JUN) ABOVE 28710 TGTS 28790/28890 SL 28600 SELL GOLD(JUN) BELOW 28500 TGTS 28420/28320 SL 28600
  9. 9. YOUR MINTVISORY Call us at +91-731-6642300 8th MAY 2014 EPIC RESEARCH– ANALYST SPEAKS SILVER SILVER MCX Short term trend is DOWN, Immediate support @ 41900 Immediate Resistance @ 42250 SILVER MCX Closed @ 42741.00 . Yesterday Intraday Range of SILVER MCX was 999 .Open Interest was UP +15.84 %, Volumes were 23288 lots. For today Keep a close eye on US data, volatility may Rule the overall Market due to USDINR Movements. BUY SILVER(JULY) ABOVE 42200 TGTS 42400/42700 SL 41900 SELL SILVER(JULY) BELOW 41900 TGTS 41700/41400 SL 42250
  10. 10. YOUR MINTVISORY Call us at +91-731-6642300 8th MAY 2014 EPIC RESEARCH– ANALYST SPEAKS DHANIYA Dhaniya daily chart, price consolidate in a range, our expectation is price may go down trend is bullish. Momentum indicator RSI is in mid range Immediate support @ 9400 & Immediate resistance @ 9490. BUY DHANIYA MAY ABOVE 9490 TGTS 9520,9570 SL 9440 SELL DHANIYA MAY BELOW 9400 TGTS 9370,9320 SL 9450 RESISTANCE 2 9612 RESISTANCE 1 9629 PIVOT 9500 SUPPORT 1 9377 SUPPORT 2 9314
  11. 11. YOUR MINTVISORY Call us at +91-731-6642300 8th MAY 2014 EPIC RESEARCH– ANALYST SPEAKS GUARSEED Guarseed may daily chart, trend is in bullish. Expecting from here onwards guarseed price may go up. Momentum indicators RSI is below overbought zone signs bullishness. In intraday basis immediate support @ 5415 & immediate resistance @ 5510. BUY GUARSEED MAY ABOVE 5510 TGTS 5540,5590 SL 5460 SELL GUARSEED MAY BELOW 5415 TGTS 5385,5335 SL 5465 RESISTANCE 2 5572 RESISTANCE 1 5518 PIVOT 5450 SUPPORT 1 5383 SUPPORT 2 5302
  12. 12. YOUR MINTVISORY Call us at +91-731-6642300 8th MAY 2014 THURSDAY, MAY 8 TIME COUNTRY EVENT ACTUAL FORECAST PREVIOUS 00:00 IDR INDONESIA INTEREST RATE DECISION 7.50% 7.50% 01:45 CHF SECO CONSUMER CLIMATE 3 2 02:00 EUR GERMAN INDUSTRIAL PRODUCTION (MOM) 0.2% 0.4% 03:00 GBP HALIFAX HOUSE PRICE INDEX (MOM) 0.9% -1.1% 03:00 GBP HALIFAX HOUSE PRICE INDEX (YOY) 9.1% 8.7% 03:15 CHF SWISS CPI (MOM) 0.1% 0.4% 07:00 GBP BOE QE TOTAL 375B 375B 07:00 GBP INTEREST RATE DECISION 0.50% 0.50% 07:45 EUR INTEREST RATE DECISION 0.25% 0.25% 08:00 USD FOMC MEMBER PLOSSER SPEAKS 08:15 CAD HOUSING STARTS 175.0K 156.8K 08:30 CAD NEW HOUSING PRICE INDEX (MOM) 0.2% 0.2% 08:30 EUR ECB PRESS CONFERENCE 08:30 USD INITIAL JOBLESS CLAIMS 325K 344K 09:00 MXN MEXICAN CPI (YOY) 3.55% 3.76% 09:30 USD FED CHAIR YELLEN TESTIFIES 09:30 USD FOMC MEMBER TARULLO SPEAKS 14:00 USD FOMC MEMBER BULLARD SPEAKS 21:30 AUD RBA MONETARY POLICY STATEMENT 21:30 CNY CHINESE CPI (YOY) 2.0% 2.4% 21:30 CNY CHINESE CPI (MOM) -0.1% -0.5% 21:30 CNY CHINESE PPI (YOY) -1.8% -2.3% TODAY’S ECONOMIC EVENTS
  13. 13. YOUR MINTVISORY Call us at +91-731-6642300 8th MAY 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 re- sponsibility (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 es- timates 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 ex- pressed 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. DISCLAIMER
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