Daily commodity report  07 -april-2014 by epic research
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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!

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Daily commodity report 07 -april-2014 by epic research Presentation Transcript

  • 1. YOUR MINTVISORY Call us at +91-731-6642300 07th APRIL 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 07th APRIL 2014 COMMODITY CONTRACT OPEN PRICE HIGH LOW CLOSE PRICE %CHANGE OI (in lots) GOLD 05-APR-14 28435.00 28623.00 28361.00 28435.00 0.40 53 SILVER 05-MAY-14 43108.00 43440.00 42925.00 43021.00 -0.12 14523.00 CRUDEOIL 21-APR-14 6069.00 6114.00 6055.00 6058.00 0.33 8017.00 NATURALGAS 25-APR-14 270.20 270.20 265.50 270.10 -1.11 7937 COPPER 30-APR-14 406.95 408.85 400.80 405.90 -1.18 24049 LEAD 30-APR-14 124.30 124.75 123.00 124.20 -0.68 2912 NICKEL 30-APR-14 987.90 1001.70 979.20 986.10 -0.22 743 ZINC 30-APR-14 120.00 121.35 120.00 120.30 0.25 1660 ALUMINIUM 30-APR-14 109.60 110.35 108.00 109.60 -1.46 3248 DAILY MARKET WRAPUP METAL TONNES IN STORAGE ALUMINIUM -4350 COPPER -2325 LEAD 375 NICKEL -990 TIN UNCH ZINC -3000 LME WAREHOUSE STOCKS (03-APRIL- 2014)
  • 3. YOUR MINTVISORY Call us at +91-731-6642300 07th APRIL 2014 COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT CRUDE OIL (WTI) USD/BBL. 100.86 -0.28 -0.28% MAY 14 CRUDE OIL (BRENT) USD/BBL. 105.91 -0.81 -0.76% MAY 14 RBOB GASOLINE USD/GAL. 291.40 -1.73 -0.59% MAY 14 NYMEX NATURAL GAS USD/MMBTU 4.45 +0.02 +0.34% MAY 14 NYMEX HEATING OIL USD/GAL. 289.33 -1.46 -0.50% MAY 14 COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT COMEX GOLD USD/T OZ. 1,304.20 +0.70 +0.05% JUN 14 GOLD SPOT USD/T OZ. 1,303.32 -0.18 -0.01% N/A COMEX SILVER USD/T OZ. 19.94 -0.01 -0.03% MAY 14 COMEX COPPER USD/LB. 300.20 -2.05 -0.68% MAY 14 PLATINUM SPOT USD/T OZ. 1,447.13 -3.12 -0.22% N/A INTERNATIONAL MARKETS ENERGY COMMODITY FUTURES PRECIOUS AND INDUSTRY METALS
  • 4. YOUR MINTVISORY Call us at +91-731-6642300 07th APRIL 2014 COMMODITY EXPIRY SUP.2 SUP.1 PIVOT RES.1 RES.2 ALUMINIUM 30-APR 106.23 107.12 108.73 109.62 111.23 COPPER 30-APR 395.33 398.22 403.53 406.42 411.73 CRUDEOIL 21-APR 6024 6052 6083 6111 6142 GOLD 5-JUN 27965 28113 28227 28375 28489 LEAD 30-APR 121.95 122.65 123.70 124.40 125.45 NATURALGAS 25-APR 262.90 265.00 267.60 269.70 272.30 NICKEL 30-APR 965.8 974.9 988.3 997.4 1010.8 SILVER 5-MAY 42596 42783 43111 43298 43626 ZINC 30-APR 119.30 119.95 120.65 121.30 122.00 INTRADAY SUPPORT AND RESISTANCE
  • 5. YOUR MINTVISORY Call us at +91-731-6642300 07th APRIL 2014 MOST ACTIVE CONTRACTS Symbol Expiry Date LTP Value (In Lacs) Volume (In Lots) SILVERMICRO 30-04-2014 43017.00 3,54,85,15,347.00 82,491 CRUDE OIL 21-04-2014 6078.00 29,25,88,842.00 48,139 SILVER M 30-04-2014 43010.00 1,73,97,54,500.00 40,450 NATURAL GAS 25-04-2014 267.10 1,06,85,335.50 40,005 COPPER 30-04-2014 401.10 1,40,49,329.70 35,027 COPPERMINI 30-04-2014 401.00 1,11,73,063.00 27,863 NICKEL 30-04-2014 983.90 2,43,93,832.70 24,793 SILVER 05-05-2014 42968.00 99,09,28,016.00 23,062 NICKELMINI 30-04-2014 983.80 1,98,31,440.40 20,158 LEADMINI 30-04-2014 123.40 17,79,798.20 14,423
  • 6. YOUR MINTVISORY Call us at +91-731-6642300 07th APRIL 2014 TODAY,S COMMODITY NEWS COMMODITY HEADLINES RBI relaxes rough diamond import norms ACE launches gold hedge contract Govt reduces tariff value of gold, silver Nickel up 0.5% on firm demand, global cues Zinc up 0.1% on spot demand Iron ore output set to grow 14% Maize prices decline on lower domestic demand: USGC Onion prices to rise on crop damage, stock building Grain stocks at 4-yr low Crude prices ease in Asia on profit taking Oil prices mixed in Asia after strong US data Oil prices up in Asia on US data Milk prices stable for now Crude oil up 0.3% on mixed Asian trend Mentha oil up 0.4% on strong demand
  • 7. YOUR MINTVISORY Call us at +91-731-6642300 07th APRIL 2014 SPECIAL NEWS The market of pepper continued to be firm. Domestic price increased up to 4% due to tight supply in most pro- ducing countries. Although new materials are available in Vietnam, producers are not keen to release their pep- per at lower prices. In India, pepper prices have surged on tight supplies amidst robust domestic and export de- mand. The Kochi MG-1 pepper surged to Rs 57000 per quintal from Rs 53600 per quintal last Friday. The United States added 192,000 jobs in March, re- cording a strong performance by the key non-farm pay- rolls data. Every industry except manufacturing added to payrolls, the Labor Department reported Friday. Hiring in January and February was also t stronger than origi- nally reported. The number of new jobs created in Feb- ruary was raised to 197,000 from 175,000, while Janu- ary's figure was increased to 144,000 from 129,000. The upswing in hiring over the past two months drew more people back into the labor force, COMMODITY BUZZ Gold futures jumped ahead of the US non-farm payrolls data today, which if weak could boost gold's appeal as a safe- haven and if strong could prompt speculation that the Fed could lift rates earlier than previously expected. Gold for June delivery is trading up $9 at $1294 an ounce on the Comex division of the New York Mercantile Exchange. Yes- terday, the metal dropped $6.20 per ounce, failing to hold on to highs near $1300 mark German manufacturing orders grew more than expected in February on the back of strong domestic orders, data from the country's statistics office showed Friday, International Lead and Zinc study group data showed that the Zinc markets were in deficit of 60000 tonnes in the year 2013. The data has been in deficit after six consecutive years of surplus in the metal. This is expected to assist Zinc in the coming days. The ILZSG has estimated that the total mine production of Zinc in the world was 13.28 million tonnes in January-December 2013, up from 13.15 million tonnes from COMMODITY BUZZ AND ECONOMIC EVENTS
  • 8. YOUR MINTVISORY Call us at +91-731-6642300 07th APRIL 2014 EPIC RESEARCH– ANALYST SPEAKS SILVER MCX Silver MAY closed at 42969, -52 pts down on Friday. Silver seems in pressure and still in bearish zone. We expect price can correct up to 43500 level, before going down. BUY SILVER(MAY) ABOVE 43500 TGTS 43750/44100 SL 43200 SELL SILVER(MAY) BELOW 42700 TGTS 42500/42200 SL 43000
  • 9. YOUR MINTVISORY Call us at +91-731-6642300 07th APRIL 2014 EPIC RESEARCH– ANALYST SPEAKS GOLD MCX Gold JUN closed at 28260, +128 pts up on Friday. Gold seems volatile due to US data although no major impact seen after data arrive positive for bullion. Price have taken support and now it can go up to 28450 level. On the other hand, below 28080 will take price to 27950 level. BUY GOLD(APR) ABOVE 28350 TGTS 28430/28530 SL 28250 SELL GOLD(APR) BELOW 28080 TGTS 28000/27900 SL 28180
  • 10. YOUR MINTVISORY Call us at +91-731-6642300 07th APRIL 2014 EPIC RESEARCH– ANALYST SPEAKS GUARSEED Guarseed April short term trend looking sideways to bearish in daily chart. Momentum indicators RSI is in mid range. In intraday basis immediate support @ 4710 & immediate resistance @ 4775. BUY GUARSEED APR ABOVE 4775 TGTS 4805,4855 SL 4725 SELL GUARSEED APR BELOW 4710 TGTS 4680,4630 SL 4760 RESISTANCE 2 4765.00 RESISTANCE 1 4800.00 PIVOT 4722.00 SUPPORT 1 4705.00 SUPPORT 2 4680.00
  • 11. YOUR MINTVISORY Call us at +91-731-6642300 07th APRIL 2014 EPIC RESEARCH– ANALYST SPEAKS DHANIYA Dhaniya daily chart shows bullish trend, but it has not given closing above its resistance 9730 in daily chart, expect- ing profit booking will continue in upcoming trading session.RSI is in mid range. Immediate support @ 9230 & Im- mediate resistance @9350. BUY DHANIYA APR ABOVE 9350 TGTS 9380,9430 SL 9300 SELL DHANIYA APR BELOW 9230 TGTS 9200,9150 SL 9280 RESISTANCE 2 9454.00 RESISTANCE 1 9597.00 PIVOT 9245.00 SUPPORT 1 9174.00 SUPPORT 2 9037.00
  • 12. YOUR MINTVISORY Call us at +91-731-6642300 07th APRIL 2014 MONDAY, APRIL 7 TIME COUNTRY EVENT ACTUAL FORECAST PREVIOUS ALL DAY HOLIDAY CHINA - TOMB SWEEPING DAY 02:00 EUR GERMAN INDUSTRIAL PRODUCTION (MOM) 0.3% 0.8% 03:15 CHF SWISS CPI (MOM) 0.2% 0.1% 10:30 CAD BOC BUSINESS OUTLOOK SURVEY 11:45 USD FOMC MEMBER BULLARD SPEAKS 18:00 NZD NZIER BUSINESS CONFIDENCE 52 19:50 JPY ADJUSTED CURRENT ACCOUNT -0.04T -0.59T 19:50 JPY CURRENT ACCOUNT N.S.A. 0.628T -1.589T 21:30 AUD NAB BUSINESS CONFIDENCE 7 TODAY’S ECONOMIC EVENTS
  • 13. YOUR MINTVISORY Call us at +91-731-6642300 07th APRIL 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