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Daily commodity market report 21 feb-2014  by epic research
Daily commodity market report 21 feb-2014  by epic research
Daily commodity market report 21 feb-2014  by epic research
Daily commodity market report 21 feb-2014  by epic research
Daily commodity market report 21 feb-2014  by epic research
Daily commodity market report 21 feb-2014  by epic research
Daily commodity market report 21 feb-2014  by epic research
Daily commodity market report 21 feb-2014  by epic research
Daily commodity market report 21 feb-2014  by epic research
Daily commodity market report 21 feb-2014  by epic research
Daily commodity market report 21 feb-2014  by epic research
Daily commodity market report 21 feb-2014  by epic research
Daily commodity market report 21 feb-2014  by epic research
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Daily commodity market report 21 feb-2014 by epic research

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Epic Research adopts multiple ways to analyze the markets and statistics to follow economic trends. Epic also provides daily market updates to help you make informed decisions, and will give you …

Epic Research adopts multiple ways to analyze the markets and statistics to follow economic trends. Epic also provides daily market updates to help you make informed decisions, and will give you trading signals and advice to meet your individual trading needs.

Published in: Economy & Finance
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  • 1. DAILY COMMODITY REPORT 21st FEBRUARY Our Presence Epic Research India Toll Free Number Mintara Road, Tarneit, Victoria. Post Code 3029 1-800-200-9454 Phone.: +61 422 063855 411 Milinda Manor (Suites 409- 417) HNI & NRI Sales Contact Australia All queries should be directed to 2 RNT Marg. Opp Cental Mall Indore (M.P.) Info@epicresearch.co Hotline: +91 731 664 2300 Alternate: +91 731 664 2320 Or give us a missed call at 026 5309 0639 YOUR MINTVISORY HNI & NRI Sales Contact USA 2117 Arbor Vista Dr. Charlotte (NC) Cell: +1 704 249 2315 Call us at +91-731-6642300
  • 2. DAILY MARKET WRAPUP 21st FEBRUARY COMMODITY CONTRACT OPEN PRICE HIGH LOW CLOSE PRICE %CHANGE OI (in lots) GOLD 05-APR-14 29960 29980 29790 29882 -0.47 11260 SILVER 05-MAR-14 47592 47670 47151 47486 -0.56 9536 CRUDEOIL 19-MAR-14 6420 6437 6391 6414 +0.28 11016 COPPER 28-FEB-14 451 451 447.8 449.75 -0.41 7973 LEAD 28-FEB-14 133.3 133.3 132.1 132.3 -0.68 3091 NICKEL 28-FEB-14 900.5 900.5 890.1 890.9 -1.04 5367 NATURALGAS 25-FEB-14 381.4 395.5 366.1 386.2 +3.09 14974 ZINC 28-FEB-14 127.75 127.9 126.75 127.5 -0.47 2436 ALUMINIUM 28-FEB-14 107.7 107.95 106.85 107.7 -0.14 2473 LME WAREHOUSE STOCKS (20-FEB- 2014) METAL ALUMINIUM -4275 COPPER -1025 LEAD -600 NICKEL -42 TIN YOUR MINTVISORY TONNES IN STORAGE -165 Call us at +91-731-6642300
  • 3. INTERNATIONAL MARKETS 21st FEBRUARY PRECIOUS AND INDUSTRY METALS COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT COMEX GOLD USD/T OZ. 1,317.80 +0.90 +0.07% APR 14 GOLD SPOT USD/T OZ. 1,317.78 -5.19 -0.39% N/A COMEX SILVER USD/T OZ. 21.64 -0.22 -0.98% MAY 14 COMEX COPPER USD/LB. 327.70 -0.20 -0.06% MAY 14 PLATINUM SPOT USD/T OZ. 1,416.13 -1.43 -0.10% N/A ENERGY COMMODITY FUTURES COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT CRUDE OIL (WTI) USD/BBL. 102.75 0.00 0.00% APR 14 CRUDE OIL (BRENT) USD/BBL. 110.28 -0.02 -0.02% APR 14 RBOB GASOLINE USD/GAL. 284.74 +0.08 +0.03% MAR 14 NYMEX NATURAL GAS USD/MMBTU 6.16 +0.10 +1.57% MAR 14 NYMEX HEATING OIL USD/GAL. 317.30 -0.47 -0.15% MAR 14 YOUR MINTVISORY Call us at +91-731-6642300
  • 4. INTRADAY SUPPORT AND RESISTANCE 21st FEBRUARY COMMODITY EXPIRY SUP.2 SUP.1 PIVOT RES.1 RES.2 ALUMINIUM 28-FEB 107.05 107.50 108.15 108.60 109.25 COPPER 28-FEB 448.03 449.52 451.23 452.72 454.43 CRUDEOIL 19-MAR 6391 6414 6437 6460 6483 GOLD 5-APR 29788 29884 29978 30074 30168 LEAD 28-FEB 131.83 132.57 133.03 133.77 134.23 NATURALGAS 25-FEB 369.70 382.60 399.10 412.00 428.50 NICKEL 28-FEB 887.2 893.8 897.6 904.2 908.0 SILVER 5-MAR 47201 47436 47720 47955 48239 ZINC 28-FEB 126.87 127.38 128.02 128.53 129.17 YOUR MINTVISORY Call us at +91-731-6642300
  • 5. MOST ACTIVE CONTRACTS 21st FEBRUARY Symbol Expiry Date LTP Value (In Lacs) Volume (In Lots) NATURAL GAS 25-02-2014 390.90 11.70 3.09% SILVERMICRO 28-02-2014 47534.00 -259.00 -0.54% CRUDE OIL 19-03-2014 6424.00 18.00 0.28% SILVER M 28-02-2014 47529.00 -266.00 -0.56% SILVER 05-03-2014 47518.00 -269.00 -0.56% COPPER 28-02-2014 449.55 -1.85 -0.41% LEADMINI 28-02-2014 132.40 -0.90 -0.68% COPPERMINI 28-02-2014 449.60 -1.80 -0.40% NICKELMINI 28-02-2014 892.30 -9.20 -1.02% GOLD 05-04-2014 29890.00 -141.00 -0.47% YOUR MINTVISORY Call us at +91-731-6642300
  • 6. TODAY,S COMMODITY NEWS 21st FEBRUARY COMMODITY HEADLINES Silver down 0.8% on global cues. Hawala premiums for gold smuggling shoot up to 4%. Gold import restriction helps parallel economy more than real economy. Lead down 0.3% on subdued spot demand, overseas trend. Aluminium down 0.2% on global cues. Nickel down 0.8% on sluggish demand, global cues. Cardamom 0.4% on pick-up in demand. Refined soya up 0.4% on rising demand. Potato up 0.4% on strong demand. Crude oil up 0.5% on overseas cues. Oil holds above $100 on strong China lending data. Crude oil down 0.2% on Asian cues. India's 2014/15 natural rubber imports to fall. Recovery in rubber's growth imminent. Cotton exports to reach 10 mn bales. YOUR MINTVISORY Call us at +91-731-6642300
  • 7. COMMODITY BUZZ AND ECONOMIC EVENTS 21st FEBRUARY SPECIAL NEWS European Commission on Thursday, the DG ECFIN flash estimate of the consumer confidence indicator decreased in the euro area to -12.7 levels in February 2014, down from -11.7 in January 2014 and, to a lesser extent, in the EU to -9.3 from -8.8 in January 2014. Fresh selling is likely to emerge in castor seed futures from higher levels due to fresh arrivals in local mandies along with higher production estimates in the current year. The NCDEX futures to encounter fresh selling from 4222-4230 levels in the near term. As per market sources, fresh arrivals of around 45-60 thousand bags have been reported in the major mandies of Gujarat with the price range of Rs 3600-3700 per quintal Traders are expecting rise in daily arrivals from the February end due to new supplies from Rajasthan. The NCDEX Castor seed March delivery settled at Rs 4184 per quintal , up marginally by 0.36% in last trading. The NCDEX futures declined by almost Rs 100 per quintal in last one week. Technically, selling is likely to emerge from 4222-4230 levels, while supports are likely at 4140-415 levels in the near term. YOUR MINTVISORY COMMODITY BUZZ Bullion were trading lower with gold and silver lower to $1314 and $21.6 per ounce mark; weaker by 0.4% and 1% respectively at the COMEX platform. CPI could see positive uptick; there is a chance for negative surprise from jobless claims due to the extremely high winter period in the US. If the Jobless claims number disappoints heavily we could see some gains coming into the yellow metal. On silver though we are maintaining our selling stance while also feel the underperformance in the commodity would continue in the evening session as well. Base metals 3M forwards at the LME platform are trading lower in the range of 0.2% to 0.6% at the time of writing the report. Metals pack continued to trade lower for the larger part of the day taking negative cues from the weak manufacturing data from the Euro-Zone. The inventory data was positive for nickel wherein the cancelled warrants for the commodity increased by 1% and helped the commodity reduce its losses from the morning session. Crude oil's active April contract at the NYMEX is trading marginally lower by 0.15% down to $102.65 per barrel. In the Indian markets, prices for the March expiry are trading with moderate gains as we adjust for the additional gains seen last night at the NYMEX, post the closing of the MCX markets. Call us at +91-731-6642300
  • 8. EPIC RESEARCH– ANALYST SPEAKS 21st FEBRUARY SILVER SILVER MCX Short term trend is UP, Immediate support @ 45700 Immediate Resistance @ 49600. Yesterday Intraday Range of SILVER MCX was 519. Open Interest was down. For today Keep a close eye on US data, volatility may Rule the overall Market due to USDINR Movements. BUY SILVER ABOVE 47700 TGTS 47900/48200 SL 47350 SELL SILVER BELOW 47100 TGTS 46900/46600 SL 47450 YOUR MINTVISORY Call us at +91-731-6642300
  • 9. EPIC RESEARCH– ANALYST SPEAKS 21st FEBRUARY GOLD GOLD MCX Short term trend is UP, Immediate support @ 29500 Immediate Resistance @ 30500. Yesterday Intraday Range of GOLD MCX was 190. Open Interest was down. For today Keep a close eye on US data, volatility may Rule the overall Market due to USDINR Movements. BUY GOLD(APR) ABOVE 29950 TGTS 30030/30130 SL 29830 SELL GOLD(APR) BELOW 29790 TGTS 29710/29610 SL 29910 YOUR MINTVISORY Call us at +91-731-6642300
  • 10. EPIC RESEARCH– ANALYST SPEAKS 21st FEBRUARY CASTORSEED RESISTANCE 1 4200.0 RESISTANCE 2 4216.0 PIVOT 4181.0 SUPPORT 1 4146.0 SUPPORT 2 4165.0 Castor seed mar contract short term trend is "consolidate " Immediate support @ 4140 Immediate Resistance @ 4200 Yesterday Castor seed mar closed @ 4192. intraday range was 35 pts. trend is bearish to sideways Momentum indicate RSI is below mid range signs down side. But short term trend is sideways BUY CASTORSEED MAR ABOVE 4200 TGTS 4230,4280 SL 4150 SELL CASTORSEED MAR BELOW 4140 TGTS 4110,4060 SL 4190 YOUR MINTVISORY Call us at +91-731-6642300
  • 11. 21st FEBRUARY EPIC RESEARCH– ANALYST SPEAKS DHANIYA RESISTANCE 1 9022.3 RESISTANCE 2 9086.7 PIVOT 8952.7 SUPPORT 1 8888.3 SUPPORT 2 8818.7 Dhaniya April Short term trend is "Down", Immediate support @ 8930 Immediate Resistance @ 9020 Yesterday Dhaniya April Closed @ 8948 .Intraday Range of Dhaniya mar was 134 pts, but consolidating today expecting from here Dhaniya Mar will go for new low allover trend is bullish. BUY DHANIYA APR ABOVE 9020 TGTS 9050,9100 SL 8970 SELL DHANIYA APR BELOW 8930 TGTS 8900,8850 SL 8980 YOUR MINTVISORY Call us at +91-731-6642300
  • 12. TODAY’S ECONOMIC EVENTS 21st FEBRUARY FRIDAY, FEBRUARY 21 TIME COUNTRY EVENT 05:20 JPY Monetary Policy Meeting Minutes 15:00 GBP Core Retail Sales (MoM) -1.4% 2.8% 15:00 GBP Core Retail Sales (YoY) 5.0% 6.1% 15:00 GBP Retail Sales (YoY) 5.0% 5.3% 15:00 GBP Retail Sales (MoM) -1.0% 2.6% 19:00 CAD Core CPI (YoY) 1.0% 1.3% 19:00 CAD Core CPI (MoM) 0.1% -0.4% 19:00 CAD Core Retail Sales (MoM) 0.2% 0.4% 19:00 CAD CPI (YoY) 1.0% 1.2% 19:00 CAD CPI (MoM) 0.1% -0.2% 19:00 CAD Retail Sales (MoM) -1.0% 0.6% 19:30 MXN Mexican GDP (YoY) 1.1% 1.3% 20:30 USD Existing Home Sales (MoM) -4.3% 1.0% 20:30 USD Existing Home Sales 4.68M 4.87M 23:40 USD FOMC Member Bullard Speaks YOUR MINTVISORY ACTUAL FORECAST PREVIOUS Call us at +91-731-6642300
  • 13. DISCLAIMER 21st FEBRUARY 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. YOUR MINTVISORY Call us at +91-731-6642300

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