Daily commodity trading report 09 april -2014 by epic research

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Daily commodity trading report 09 april -2014 by epic research

  1. 1. YOUR MINTVISORY Call us at +91-731-6642300 09th 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. 2. YOUR MINTVISORY Call us at +91-731-6642300 09th APRIL 2014 COMMODITY CONTRACT OPEN PRICE HIGH LOW CLOSE PRICE %CHANGE OI (in lots) GOLD 05-Jun-14 28398 28586 28397 28477 +0.56% 9063 SILVER 05-May-14 43300 43430 43165 43198 +0.26% 14183 COPPER 30-Apr-14 407.4 407.4 403.9 406.75 -0.20% 19427 CRUDEOIL 21-Apr-14 6060 6172 6060 6162 +1.92% 8137 NATURALGAS 25-Apr-14 272.1 274.7 269.4 273.6 +0.18% 8355 LEAD 30-Apr-14 123.75 124.9 123.55 124.8 +0.24% 2783 NICKEL 30-Apr-14 994 994.1 982.6 990.3 -0.74% 7201 ZINC 30-Apr-14 121.1 122.1 120.9 122 +0.66% 1667 ALUMINIUM 30-Apr-14 108.6 108.75 107.4 108.6 -0.23% 3275 DAILY MARKET WRAPUP METAL TONNES IN STORAGE ALUMINIUM 250 COPPER -1975 LEAD 375 NICKEL 588 TIN -75 ZINC -3050 LME WAREHOUSE STOCKS (08-APRIL- 2014)
  3. 3. YOUR MINTVISORY Call us at +91-731-6642300 09th APRIL 2014 COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT CRUDE OIL (WTI) USD/BBL. 102.38 -0.18 -0.18% MAY 14 CRUDE OIL (BRENT) USD/BBL. 107.67 0.00 0.00% MAY 14 RBOB GASOLINE USD/GAL. 298.88 +0.87 +0.29% MAY 14 NYMEX NATURAL GAS USD/MMBTU 4.55 +0.02 +0.35% MAY 14 NYMEX HEATING OIL USD/GAL. 293.29 -0.15 -0.05% MAY 14 COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT COMEX GOLD USD/T OZ. 1,312.50 +14.20 +1.09% JUN 14 GOLD SPOT USD/T OZ. 1,312.18 +3.52 +0.27% N/A COMEX SILVER USD/T OZ. 20.05 +0.14 +0.69% MAY 14 COMEX COPPER USD/LB. 305.15 +1.20 +0.39% MAY 14 PLATINUM SPOT USD/T OZ. 1,443.88 +3.75 +0.26% N/A INTERNATIONAL MARKETS ENERGY COMMODITY FUTURES PRECIOUS AND INDUSTRY METALS
  4. 4. YOUR MINTVISORY Call us at +91-731-6642300 09th APRIL 2014 COMMODITY EXPIRY SUP.2 SUP.1 PIVOT RES.1 RES.2 ALUMINIUM 30-APR 108.6 107.75 108.25 109.10 109.60 COPPER 30-APR 406.75 404.63 406.02 408.13 409.52 CRUDEOIL 21-APR 6162 6091 6131 6203 6243 GOLD 5-JUN 28477 28387 28487 28576 28676 LEAD 30-APR 124.8 123.93 124.42 125.28 125.77 NATURALGAS 25-APR 273.6 270.43 272.57 275.73 277.87 NICKEL 30-APR 990.3 983.9 989.0 995.4 1000.5 SILVER 5-MAY 43198 43099 43264 43364 43529 ZINC 30-APR 122.0 121.23 121.67 122.43 122.87 INTRADAY SUPPORT AND RESISTANCE
  5. 5. YOUR MINTVISORY Call us at +91-731-6642300 09th APRIL 2014 MOST ACTIVE CONTRACTS Symbol Expiry Date LTP Value (In Lacs) Volume (In Lots) CRUDE OIL 21-04-2014 6164.00 25,83,33,240.00 41,910 NATURAL GAS 25-04-2014 273.70 85,60,241.20 31,276 SILVERMICRO 30-04-2014 43215.00 1,25,22,41,055.00 28,977 COPPER 30-04-2014 406.80 58,61,174.40 14,408 SILVER M 30-04-2014 43218.00 58,35,29,436.00 13,502 NICKEL 30-04-2014 990.60 1,25,75,667.00 12,695 COPPERMINI 30-04-2014 406.80 45,37,447.20 11,154 NICKELMINI 30-04-2014 990.60 1,02,67,569.00 10,365 SILVER 05-05-2014 43190.00 33,51,11,210.00 7,759 LEADMINI 30-04-2014 124.75 9,25,769.75 7,421
  6. 6. YOUR MINTVISORY Call us at +91-731-6642300 09th APRIL 2014 TODAY,S COMMODITY NEWS COMMODITY HEADLINES Oil Gold imports may hit 10-month high in March RBI relaxes rough diamond import norms ACE launches gold hedge contract Govt reduces tariff value of gold, silver Lead up 0.2% on strong spot demand Nickel up 0.2% on spot demand Copper down 0.7% on weak global cues Shrimp farming boom in West Bengal as farmlands shrink India's oilmeal exports see 11% fall in FY 14: SEA India's agrochemical sector under severe stress on lower usage Oil prices ease in Asian trade Crude prices ease in Asia on profit taking Sustaining farm sector growth amid fall in water availability Mentha oil down 0.4% on sluggish demand Crude oil down 0.2% on Asian cues
  7. 7. YOUR MINTVISORY Call us at +91-731-6642300 09th APRIL 2014 SPECIAL NEWS The turnover of the Indian commodity futures market dropped by a whopping 40.51% to Rs 101.41 lakh crore in 2013-14 from Rs 170.46 lakh crore in the previous fiscal, ac- cording to the data from the Forward Market Commission. MCX maintained its position as the leading futures exchange in the country with a turnover of Rs 86.58 lakh crore- repre- senting 85.38% of market share, followed by NCDEX having turnover of Rs 11.44 lakh crore and NMCE Rs 1.52 lakh crore in FY 14. Gold for June delivery are trading up $3.3 at $ 1312.4 an ounce on the Comex division of the New York Mercantile Exchange. Yesterday, it climbed $10.80, or 0.8%, to settle at $1,309.10 an ounce- its highest level since March 25.Yesterday, the May silver added 15 cents, or 0.8%, to $20.057 an ounce, with prices closing at their highest since March 24. Today, the traders will keep watch on the minutes from the Federal Reserve's March policy meeting due to be released later in the day. Weakness in the US dollar ahead of the Fed’s March meeting and escalating tensions in the Ukraine also boosted gold yesterday. COMMODITY BUZZ MCX Gold futures are expected to open on a positive note in the evening trades today as the yellow metal continues to hold sway in the global markets following its radical gains post the non farm payrolls. The Yellow metal added to its gains today in the electronic session even as the equities witnessed a mixed outing, COMEX Gold is quoting at $1311.70, up $13.40 per ounce on the day. MCX Gold futures closed at Rs 28356, up Rs 94 per 10 grams on the day. Gold futures extended gains in the Asia electronic trades today as rising geopolitical tensions over Ukraine raised gold safe ha- ven appeal. Gold found some support amid continued worries on the Russia-Ukraine front even as equities delivered a diverse sig- nal. The US stocks slumped heavily yesterday as a continued cor- rection in high-growth stocks hurt sentiments. DOW followed its drubbing on Friday with yet another thrashing yesterday, closing lower by 167 points on the day or 1%. This kept the sen- timents mixed in Asia though stocks in Hong Kong and China rose on hopes Beijing will unveil new measures to boost the mainland economy after last week's mini-stimulus. COMMODITY BUZZ AND ECONOMIC EVENTS
  8. 8. YOUR MINTVISORY Call us at +91-731-6642300 09th APRIL 2014 EPIC RESEARCH– ANALYST SPEAKS SILVER SILVER MCX Short term trend is DOWN, Immediate support @ 43000. Immediate Resistance @ 43600. Yesterday SILVER MCX Closed @ 43198. Yesterday Intraday Range of SILVER MCX was 205. Open Interest was UP +3.80 %, Volumes were 6240 lots. For today Keep a close eye on US data, volatility may Rule the overall Market due to USDINR Movements. BUY SILVER(MAY) ABOVE 43600 TGTS 43800/44100 SL 43250 SELL SILVER(MAY) BELOW 43030 TGTS 42830/42530 SL 43350
  9. 9. YOUR MINTVISORY Call us at +91-731-6642300 09th APRIL 2014 EPIC RESEARCH– ANALYST SPEAKS GOLD GOLD MCX Short term trend is down,. Immediate support @ 28350. Immediate Resistance @ 28600. Yesterday GOLD MCX Closed @ 28477. Yesterday Intraday Range of GOLD MCX was 189. Open Interest was UP+ 4.58 %, Volumes were 5530 lots. For today Keep a close eye on US data, volatility may Rule the overall Market due to USDINR Movements. BUY GOLD(JUN) ABOVE 28600 TGTS 28680/28780 SL 28480 SELL GOLD(JUN) BELOW 28350 TGTS 28270/28170 SL 28470
  10. 10. YOUR MINTVISORY Call us at +91-731-6642300 09th 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 4610 TGTS 4640,4690 SL 4560 SELL GUARSEED APR BELOW 4550 TGTS 4520,4470 SL 4600 RESISTANCE 1 4765 RESISTANCE 2 4800 PIVOT 4750 SUPPORT 1 4705 SUPPORT 2 4680
  11. 11. YOUR MINTVISORY Call us at +91-731-6642300 09th 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, expecting profit booking will continue in upcoming trading session.RSI is in mid range. Immediate support @ 9230 & Immediate resistance @ 9350. BUY DHANIYA APR ABOVE 9545 TGTS 9575,9525 SL 9495 SELL DHANIYA APR BELOW 9370 TGTS 9350,9300 SL 9420 RESISTANCE 1 9454 RESISTANCE 2 9597 PIVOT 9400 SUPPORT 1 9174 SUPPORT 2 9037
  12. 12. YOUR MINTVISORY Call us at +91-731-6642300 09th APRIL 2014 WEDNESDAY, APRIL 9 TIME COUNTRY EVENT ACTUAL FORECAST PREVIOUS 00:15 USD FOMC MEMBER PLOSSER SPEAKS 06:00 AUD WESTPAC CONSUMER SENTIMENT 0.3% -0.7% 07:00 AUD HOME LOANS (MOM) 2.3% 2.0% 0.0% 11:30 EUR GERMAN TRADE BALANCE 17.8B 17.2B 11:30 JPY BOJ MONTHLY REPORT 14:00 GBP TRADE BALANCE -9.20B -9.79B 17:30 BRL BRAZILIAN CPI (YOY) 6.08% 5.68% 18:30 MXN MEXICAN CPI (YOY) 3.79% 4.23% 23:30 USD FOMC MEETING MINUTES TODAY’S ECONOMIC EVENTS
  13. 13. YOUR MINTVISORY Call us at +91-731-6642300 09th 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

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