Get Trading Alerts! on share market with 2 Days Free Trial of Commodity Market, Equity Market, FOREX Market Tips on, Stock Tips On Mobile, Intraday Calls.90% Accurate Stock Tips, MCX & NCDEX Highly Accurate Calls with 85% Accuracy.

1. DAILY COMMODITY REPORT
24th JANUARY 2014
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
24th JANUARY 2014
COMMODITY
CONTRACT
OPEN PRICE
HIGH
LOW
CLOSE PRICE
%CHANGE
OI (in lots)
GOLD
05 FEB 2014
29102.00
29380.00
28965.00
29150.00
0.57
7727
SILVER
05 MAR 2014
44230.00
45180.00
44112.00
44338.00
1.21
10105
CRUDE
20 JAN 2014
6020
6108.00
6004.00
6014.00
1.47
11692
NATURAL GAS
28 JAN 2014
291.00
206.1
291.00
289.30
3.11
16.283
COPPER
28 FEB 2014
457.20
458.40
451.90
457.96
-0.88
10461
NICKEL
31 JAN 2014
910.20
914.50
892.30
912.30
-0.67
6174
LEAD
31 JAN 2014
134.50
136.50
132.75
134.55
-1.26
2965
ZINC
31 JAN 2014
128.65
128.80
128.60
128.85
-1.67
2338
ALUMINIUM
31 JAN 2014
108.00
108.25
107.05
107.90
-0.42
2485
LME WAREHOUSE STOCKS (24– JAN- 2014)
METAL
ALUMINIUM
-7100
COPPER
-975
LEAD
-900
NICKEL
696
ZINC
YOUR MINTVISORY
TONNES IN STORAGE
-4225
Call us at +91-731-6642300

3. INTERNATIONAL MARKETS
24th JANUARY 2014
PRECIOUS AND INDUSTRY METALS
COMMODITY
UNITS
PRICE
CHANGE
% CHANGE
CONTRACT
COMEX GOLD
USD/T OZ.
1,260.50
-1.80
-0.14%
APR 14
GOLD SPOT
USD/T OZ.
1,260.74
-3.39
-0.27%
N/A
COMEX SILVER
USD/T OZ.
20.05
+0.04
+0.20%
MAR 14
COMEX COPPER
USD/LB.
329.80
+1.25
+0.38%
MAR 14
PLATINUM SPOT
USD/T OZ.
1,458.50
+1.62
+0.11%
N/A
ENERGY COMMODITY FUTURES
COMMODITY
UNITS
PRICE
CHANGE
% CHANGE
CONTRACT
CRUDE OIL (WTI)
USD/BBL.
97.58
+0.26
+0.27%
MAR 14
CRUDE OIL (BRENT)
USD/BBL.
107.74
+0.16
+0.15%
MAR 14
RBOB GASOLINE
USD/GAL.
266.34
+0.16
+0.06%
FEB 14
NYMEX NATURAL GAS
USD/MMBTU
4.88
+0.15
+3.07%
FEB 14
NYMEX HEATING OIL
USD/GAL.
308.40
+0.75
+0.24%
FEB 14
YOUR MINTVISORY
Call us at +91-731-6642300

4. INTRADAY SUPPORT AND RESISTANCE
24th JANUARY 2014
COMMODITY
EXPIRY
SUP.3
SUP.2
SUP.1
PIVOT
RES.1
ALUMINIUM
31-JAN
106.40
106.95
107.60
108.15
108.80
COPPER
28-FEB
448.20
451.00
454.70
457.50
461.20
CRUDEOIL
19-FEB
5967
6034
6071
6138
6175
GOLD
5-FEB
28812
29084
29236
29508
29660
LEAD
31-JAN
131.07
131.98
133.67
134.58
136.27
NATURALGAS
28-JAN
282.93
289.97
298.03
305.07
313.13
NICKEL
31-JAN
881.9
893.6
904.1
915.8
926.3
SILVER
5-MAR
43666
44288
44734
45356
45802
ZINC
31-JAN
125.17
125.93
127.37
128.13
129.57
YOUR MINTVISORY
Call us at +91-731-6642300

5. MOST ACTIVE CONTRACTS
24th JANUARY 2014
Symbol
Expiry Date
LTP
Value (In Lacs)
Volume (In Lots)
NATURAL GAS
28-01-2014
298.30
3,47,95,800.10
1,16,647
SILVERMICRO
28-02-2014
44904.00
4,69,10,75,976.00
1,04,469
CRUDE OIL
19-02-2014
6101.00
40,24,40,263.00
65,963
SILVER M
28-02-2014
44900.00
2,27,07,72,600.00
50,574
COPPER
28-02-2014
453.90
1,39,01,595.30
30,627
GOLD M
05-02-2014
29348.00
86,50,90,996.00
29,477
SILVER
05-03-2014
44876.00
1,30,08,65,488.00
28,988
LEADMINI
31-01-2014
132.85
34,01,889.95
25,607
GOLD
05-02-2014
29317.00
74,10,16,492.00
25,276
NICKEL
31-01-2014
906.20
2,13,10,199.20
23,516
YOUR MINTVISORY
Call us at +91-731-6642300

6. TODAY,S COMMODITY NEWS
24th JANUARY 2014
COMMODITY HEADLINES

Crude gains as U.S. supply report reveals strong distillate demand

Falling Gold Prices Taking Toll On Ghana's Economy

Metals On Slippery Path As China Manufacturing Disappoints

MCX Gold petal February contract trades flat

Mustard seed Futures To Remain Underpressure In The Near Term

Metals On Slippery Path As China Manufacturing Disappoints

Mentha oil Futures Plummet on Higher Stocks in Local Mandies

Copper hits 1-week low after Chinese manufacturing PMI disappoints

-Gold extends winning streak to 5th week on softer equities

Gold posts biggest gain in 3 months as U.S. equities slide
YOUR MINTVISORY
Call us at +91-731-6642300

7. COMMODITY BUZZ AND ECONOMIC EVENTS
24th JANUARY 2014
COMMODITY BUZZ :
SPECIAL NEWS :

Mustard seed futures are likely to encounter fresh selling from higher levels due to higher production estimates in the current year along with comfortable
stocks in local mandies. The NCDEX futures to gather
fresh selling from 3430-3434 levels in the near term.
The market sources suggest that favorable rainfall in
major mustard seed growing areas such as Rajasthan
and Uttar Pradesh will encourage strong productivity
gains in the current year. The total production is likely
to reach 72-73 lakh tonnes in the current year, up 6
lakh tonnes from the last year.

U.S. crude oil supplies rose slightly in the week ending
Friday, climbing by 1 million barrels to 351.2 million, .
Inventories are in the upper half of the average range for
this time of year, the agency said in a report issued a day
late due to the Dr. Martin Luther King Jr. holiday. The
EIA said supplies of motor-grade gasoline supplies rose by
2.1 million barrels to 235.3 million barrels and are well
above the upper limit of the average range for this time of
year. Supplies of distillate fuels, which include home heating oil, fell by 3.2 million barrels to 120.7 million and are
well below the lower limit of the average range for this
time of year.

Zinc production from Australia's Century mine, the
world's third largest zinc mine could drop 5% this year
as it nears the end of its operating life. This could trigger an emerging global supply crunch in the commodity. The mine will yield between 465,000 and 480,000
tonnes of zinc in concentrate in 2014 against 2013 output of 488,233 tonnes MCX GOLDPETAL February
contract was trading at Rs 2932 up Rs 1, or 0.03 percent.

At 53.7 in January, down from 55.0 in December, the
Markit Flash U.S. Manufacturing Purchasing Managers'
Index(PMI), which is based on approximately 85% of
usual monthly replies, signaled the slowest improvement
in overall business conditions for three months. That said,
the index was above the neutral 50.0 mark and slightly
higher than its average for 2013 (53.5).
YOUR MINTVISORY
Call us at +91-731-6642300

8. EPIC RESEARCH– ANALYST SPEAKS
24th JANUARY 2014
SILVER MCX:
MCX SILVER march contract was closed at RS 44910 UP Rs 572, or +1.29 percent.
The SILVER rate have touched an intraday high of Rs 45180 and an intraday low of Rs 44112. So far 30117 contracts have
been traded. Silver opened at morning with gap down and made day high. In day session silver trade in large range and
made day high 45180 . After evening Have seen more buying in silver and it will helpful to break the nearest resistance
45280 further silver will touch level 45550 next trading session.
BUY SILVER ABOVE 45280 TGTS 45480/45780 SL 44900
SELL SILVER BELOW 44600 TGTS 44400/44100 SL 44950
YOUR MINTVISORY
Call us at +91-731-6642300

9. EPIC RESEARCH– ANALYST SPEAKS
24th JANUARY 2014
GOLD MCX:
MCX GOLD February contract was closed at Rs 29355 UP Rs 205 , or0.70 percent.
The GOLD rate touched an intraday high of Rs 29389 and an intraday low of Rs 28965. So far 26693 contracts have
been traded. Gold Price is taking support at 29100 , market is volatile in large range all day.
In evening session gold price have cracked the nearest resistance 29180 and made high of 29389
BUY GOLD ABOVE 29400 TGTS 29480/29580 SL 29280
SELL GOLD BELOW 29250 TGTS 29170/29070 SL 29360
YOUR MINTVISORY
Call us at +91-731-6642300

10. EPIC RESEARCH– ANALYST SPEAKS
24th JANUARY 2014
CASTORSEED
RESISTANCE 1
4287.7
RESISTANCE 2
4393.0
PIVOT
4214.3
SUPPORT 1
4108.7
SUPPORT 2
4035.3
Castor seed Feb. prise breaks down the consolidation. and gave closing 4156,
RSI AND MACD shows down trend. Immediate support@ 4140 and immediate resistance @ 4320 .
BUY CASTORSEED FEB ABOVE 4320 TGTS 4350,4400 SL 4270
SELL CASTORSEED FEB BELOW 4140 TGTS 4110,4060 SL 4190
YOUR MINTVISORY
Call us at +91-731-6642300

11. EPIC RESEARCH– ANALYST SPEAKS
24th JANUARY 2014
DHANIYA
RESISTANCE 1
8543.7
RESISTANCE 2
8673.7
PIVOT
8454.7
SUPPORT 1
8324.7
SUPPORT 2
8234.3
Dhaniya Feb. is in bullish trend in daily chart. Immediate support @ 8340
and immediate resistance @ 8490.open interest and prise has increased,
RSI and MACD both are give signal of bullishness.
BUY DHANIYA FEB ABOVE 8490 TGTS 8520,8570 SL 8440
SELL DHANIYA FEB BELOW 8340 TGTS 8310,8260 SL 8390
YOUR MINTVISORY
Call us at +91-731-6642300

12. TODAY’S ECONOMIC EVENTS
24th JANUARY 2014
TIME
COUNTRY
EVENT
ACTUAL FORECAST PREVIOUS
FRIDAY 24 JANUARY 2014
07:15
CNY
CHINESE HSBC MANUFACTURING PMI
10:30
JPY
BOJ MONTHLY REPORT
13:28
EUR
13:28
50.6
50.5
FRENCH MANUFACTURING PMI
47.5
47.0
EUR
FRENCH SERVICES PMI
48.1
47.8
14:00
EUR
GERMAN MANUFACTURING PMI
54.6
54.3
14:00
EUR
GERMAN SERVICES PMI
54.0
53.5
14:30
EUR
MANUFACTURING PMI
53.0
52.7
14:30
EUR
SERVICES PMI
51.4
51.0
16:30
GBP
CBI DISTRIBUTIVE TRADES SURVEY
25
34
19:00
CAD
CORE RETAIL SALES (MOM)
0.3%
0.4%
19:00
CAD
RETAIL SALES (MOM)
0.3%
-0.1%
19:00
USD
INITIAL JOBLESS CLAIMS
326K
326K
20:30
USD
EXISTING HOME SALES
4.94M
4.90M
20:30
USD
EXISTING HOME SALES (MOM)
0.4%
-4.3%
YOUR MINTVISORY
49.6
Call us at +91-731-6642300

13. DISCLAIMER
24th JANUARY 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 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