Daily commodity report 02 may -2014 by epic research

  • 239 views
Uploaded on

MCX Trading Recommendations by EpicResearch helped me book profits. The support team from Epic is sending complete Entry/Exit/Book Profit SMS of each and every call. If I can make a profit from their …

MCX Trading Recommendations by EpicResearch helped me book profits. The support team from Epic is sending complete Entry/Exit/Book Profit SMS of each and every call. If I can make a profit from their calls, I think any average investor can. Go Epic!

  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Be the first to comment
    Be the first to like this
No Downloads

Views

Total Views
239
On Slideshare
0
From Embeds
0
Number of Embeds
1

Actions

Shares
Downloads
0
Comments
0
Likes
0

Embeds 0

No embeds

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
    No notes for slide

Transcript

  • 1. YOUR MINTVISORY Call us at +91-731-6642300 2nd 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. YOUR MINTVISORY Call us at +91-731-6642300 2nd MAY 2014 COMMODITY CONTRACT OPEN PRICE HIGH LOW CLOSE PRICE %CHANGE OI (in lots) GOLD 05-JUN-14 28825.00 28825.00 28510.00 28887.00 -1.11 9860 SILVER 05-MAY-14 41023.00 41270.00 40514.00 41329.00 -1.48 1369 CRUDEOIL 21-APR-14 6001.00 6025.00 5962.00 6015.00 -0.20 7843 NATURALGAS 25-APR-14 291.90 291.90 284.00 292.60 -2.22 8578 COPPER 30-APR-14 407.90 408.50 405.60 408.30 -0.42 16374 LEAD 30-APR-14 126.20 126.20 125.25 126.85 -0.95 2023 NICKEL 30-APR-14 1107.00 1108.40 1092.80 1107.10 -0.06 11059 ZINC 30-APR-14 123.10 123.10 121.85 123.90 -1.29 1674 ALUMINIUM 30-APR-14 107.05 107.05 106.10 107.60 -1.16 2816 DAILY MARKET WRAPUP METAL TONNES IN STORAGE ALUMINIUM -6575 COPPER -1750 LEAD 650 NICKEL -210 TIN -25 ZINC -3350 LME WAREHOUSE STOCKS (1-MAY- 2014)
  • 3. YOUR MINTVISORY Call us at +91-731-6642300 2nd MAY 2014 COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT CRUDE OIL (WTI) USD/BBL. 99.32 -0.42 -0.42% JUN 14 CRUDE OIL (BRENT) USD/BBL. 107.64 -0.12 -0.11% JUN 14 RBOB GASOLINE USD/GAL. 293.39 -3.05 -1.03% JUN 14 NYMEX NATURAL GAS USD/MMBTU 4.72 0.00 +0.06% JUN 14 NYMEX HEATING OIL USD/GAL. 291.04 -1.77 -0.60% JUN 14 COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT COMEX GOLD USD/T OZ. 1,282.10 -13.80 -1.06% JUN 14 GOLD SPOT USD/T OZ. 1,282.47 -1.84 -0.14% N/A COMEX SILVER USD/T OZ. 18.98 -0.06 -0.33% JUL 14 COMEX COPPER USD/LB. 301.90 -0.25 -0.08% JUL 14 PLATINUM SPOT USD/T OZ. 1,420.13 -4.50 -0.32% N/A INTERNATIONAL MARKETS ENERGY COMMODITY FUTURES PRECIOUS AND INDUSTRY METALS
  • 4. YOUR MINTVISORY Call us at +91-731-6642300 2nd MAY 2014 MOST ACTIVE CONTRACTS Symbol Expiry Date LTP Value (In Lacs) Volume (In Lots) SILVERMICRO 30-06-2014 41581.00 2,01,71,35,891.00 48,511 NATURAL GAS 27-05-2014 286.10 93,02,827.60 32,516 CRUDE OIL 19-05-2014 6003.00 17,69,26,419.00 29,473 SILVER M 30-06-2014 41585.00 98,06,57,470.00 23,582 NICKEL 30-05-2014 1106.40 1,68,98,047.20 15,273 COPPER 30-06-2014 406.60 49,45,069.20 12,162 NICKELMINI 30-05-2014 1106.70 1,18,14,022.50 10,675 COPPERMINI 30-06-2014 406.55 35,77,640.00 8,800 GOLD 05-06-2014 28565.00 24,66,01,645.00 8,633 LEADMINI 30-05-2014 125.70 7,20,889.50 5,735
  • 5. YOUR MINTVISORY Call us at +91-731-6642300 2nd MAY 2014 COMMODITY EXPIRY SUP.3 SUP.2 SUP.1 PIVOT RES.1 ALUMINIUM 30-May 105.55 105.95 106.50 106.90 107.45 COPPER 30-Jun 404.12 405.53 407.02 408.43 409.92 CRUDEOIL 19-May 5932 5966 5995 6029 6058 GOLD 5-Jun 28323 28452 28638 28767 28953 LEAD 30-May 124.77 125.23 125.72 126.18 126.67 NATURALGAS 27-May 279.40 282.70 287.30 290.60 295.20 NICKEL 30-May 1087.2 1097.6 1103.3 1113.7 1119.4 SILVER 5-May 40141 40523 40897 41279 41653 ZINC 30-May 121.15 121.70 122.40 122.95 123.65 INTRADAY SUPPORT AND RESISTANCE
  • 6. YOUR MINTVISORY Call us at +91-731-6642300 2nd MAY 2014 TODAY,S COMMODITY NEWS COMMODITY HEADLINES Gems, jewellery imports drop 9% India's gem and jewellery imports drop 9% in 2013-14 Govt cuts import tariff value on gold, silver MCX discontinues gold, silver contracts expiring 2015 Copper up 0.1% on global cues Lead down 0.3% on sluggish demand Nickel down 0.1% on profit-bookings Rice meant for poor ends up in black market 55.59 lakh MT of wheat arrives in Haryana mandis EU mango ban to leave bitter-sweet taste India raises issue with EU, alleges 'unilateral action' Crude prices edge higher in Asia Oil prices fall after Russia downgrade Oil prices up on Ukraine tensions
  • 7. YOUR MINTVISORY Call us at +91-731-6642300 2nd MAY 2014 SPECIAL NEWS Real gross domestic product, the output of goods and ser- vices produced by labor and property located in the United States increased at an annual rate of 0.1 percent in the first quarter (that is, from the fourth quarter of 2013 to the first quarter of 2014), according to the advance estimate re- leased by the Bureau of Economic Analysis. In the fourth quarter, real GDP increased 2.6 percent. The first quarter growth was below the expectation of 1.20%. The increase in real GDP in the first quarter primarily reflected a posi- tive contribution from personal consumption expenditures (PCE) that was partly offset by negative contributions from exports, private inventory investment, US Steel has turned a quarterly profit for the first time in more than a year as its costs decreased and its flat-rolled steel business performed better. The company had last re- ported a profit in the third quarter of 2012, and it has lost money for five consecutive years. The company has been restructuring its business and reducing capacity to lower its spending. COMMODITY BUZZ Gold futures extended the decline on Wednesday, as in- vestors remained cautious ahead of the release of the Federal Reserve's policy statement and key U.S. eco- nomic data later in the day. The Comex gold for June delivery quotes at $1,291.70, down $4.60 a troy ounce and Silver for July delivery quotes at $19.345 a troy ounce, down $0.193. Local Gold futures fell further on Wednesday triggered by weak global cues amid strong Indian rupee against greenback. Indian rupee rose to two weeks high of Rs 60.18 per one US dollar and quotes currently at Rs 60.29, down 0.22%. Gold jewellery exports from India rose for a second straight month in March as raw material supply im- proved after the RBI allowed more banks to import bul- lion, with industry officials saying the upward trend looks set to continue. Struggling with a ballooning trade deficit, India last year imposed a record duty of 10 per cent on overseas purchases of gold, the second-biggest expense in its import bill. COMMODITY BUZZ AND ECONOMIC EVENTS
  • 8. YOUR MINTVISORY Call us at +91-731-6642300 2nd MAY 2014 EPIC RESEARCH– ANALYST SPEAKS SILVER SILVER MCX Short term trend is DOWN, Immediate support @ 41300 Immediate Resistance @ 41850 SILVER MCX Closed @ 41329.00 . Yesterday Intraday Range of SILVER MCX was 776 .Open Interest was UP +9.01 %, Volumes were 14945 lots. For today Keep a close eye on US data, volatility may Rule the overall Market due to USDINR Movements. BUY SILVER (July) ABOVE 41800 TGTS 42000/42300 SL 41500 SELL SILVER (July) BELOW 41500 TGTS 41300/41000 SL 41800
  • 9. YOUR MINTVISORY Call us at +91-731-6642300 2nd MAY 2014 EPIC RESEARCH– ANALYST SPEAKS GOLD GOLD MCX Short term trend is DOWN, Immediate support @ 28500 Immediate Resistance @ 29100 GOLD MCX Closed @ 28887.00. Yesterday Intraday Range of GOLD MCX was 315. Open Interest was UP 0.60 %, Vol- umes were 8095 lots. For today Keep a close eye on US data, volatility may Rule the overall Market due to USDINR Movements. BUY GOLD(JUN) ABOVE 28650 TGTS 28730/28830 SL 28550 SELL GOLD(JUN) BELOW 28500 TGTS 28420/28320 SL 28900
  • 10. YOUR MINTVISORY Call us at +91-731-6642300 2nd MAY 2014 EPIC RESEARCH– ANALYST SPEAKS DHANIY Dhaniya daily chart, price is in support level, we will waiting for the closing of next trading session where it will give however trend is bullish. momentum indicator RSI is below mid range Immediate support @ 93505 & Immediate resistance @ 9420. BUY DHANIYA ABOVE 9420 TGTS 9450,9500 SL 9370 SELL DHANIYA BELOW 9350 TGTS 9320,9270 SL 9400 RESISTANCE 2 9489 RESISTANCE 1 9433 PIVOT 9380 SUPPORT 1 9327 SUPPORT 2 9277
  • 11. YOUR MINTVISORY Call us at +91-731-6642300 2nd MAY 2014 EPIC RESEARCH– ANALYST SPEAKS GUARSEED Guarseed May daily chart breaks consolidation in upper side. expecting from here onwards Guarseed price may go up Momentum indicators RSI is in overbought zone signs bullishness. In intraday basis immediate support @ 5335 & immediate resistance @ 5480. BUY GUARSEED ABOVE 5480 TGTS 5510,5560 SL 5430 SELL GUARSEED BELOW 5335 TGTS 5305,5255 SL 5385 RESISTANCE 2 5762 RESISTANCE 1 5573 PIVOT 5450 SUPPORT 1 5273 SUPPORT 2 5162
  • 12. YOUR MINTVISORY Call us at +91-731-6642300 2nd MAY 2014 FRIDAY, MAY 2 TIME COUNTRY EVENT ACTUAL FORECAST PREVIOUS 03:13 EUR SPANISH MANUFACTURING PMI 53.4 52.8 03:30 CHF SVME PMI 55.5 54.4 03:45 EUR ITALIAN MANUFACTURING PMI 52.8 52.4 03:50 EUR FRENCH MANUFACTURING PMI 50.9 50.9 03:55 EUR GERMAN MANUFACTURING PMI 54.2 54.2 04:00 EUR MANUFACTURING PMI 53.3 53.3 04:30 GBP CONSTRUCTION PMI 62.0 62.5 05:00 EUR UNEMPLOYMENT RATE 11.9% 11.9% 08:30 USD NONFARM PAYROLLS 210K 192K 08:30 USD PRIVATE NONFARM PAYROLLS 210K 192K 08:30 USD UNEMPLOYMENT RATE 6.6% 6.7% 10:00 USD FACTORY ORDERS (MOM) 1.4% 1.6% 21:00 CNY CHINESE NON-MANUFACTURING PMI 54.5 TODAY’S ECONOMIC EVENTS
  • 13. YOUR MINTVISORY Call us at +91-731-6642300 2nd 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