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WEEKLY COMMODITY REPORT
08TH JUNE TO 12TH JUNE 2015
BULLIONS WEEKLY TECHNICAL LEVELS
GOLD(AUGUST) MCX WEEKLY CHART
WEEKLY PIVOTAL
S1 26421
S2 26120
PP 26872
R1 27163
R2 27624
TRADING STRATEGY:
MCX Gold AUG contract during this week as expected couldn't able to break the resistance zone
of 27450 levels & made new weekly low of 26572 level. Gold Aug contract, now expected to trade
in mixed to negative territory due to various important international market data & events.
For the next week we expect Gold Aug contract prices to find support in range of 26500 levels.
Below 26500 levels, the next support is at 26100 & strong support at 25750 levels.
Resistances are in the range of 27900 to 27050 levels. Above 27120 the next resistance is at
27500 levels & strong resistance are at 27850 levels.
WEEKLY RECOMENDATIONS:-
SELL GOLD (AUG) BELOW 26700 TG 26250 / 26000 SL ABOVE 27050
BUY GOLD (AUG) ABOVE 26900 TG 27350 / 27550 SL BELOW 26500
WEEKLY COMMODITY REPORT
08TH JUNE TO 12TH JUNE 2015
BULLIONS WEEKLY TECHNICAL LEVELS
SILVER (JULY) MCX WEEKLY CHART
WEEKLY PIVOTAL
S1 36107
S2 35203
PP 37628
R1 38532
R2 40053
WEEKLY COMMODITY REPORT
08TH JUNE TO 12TH JUNE 2015
TRADING STRATEGY
MCX Silver July Contract, as seen in the weekly chart got stuck at the resistance of 39350 levels.
Also, Silver is getting impact of both Gold & Copper which are now in bears' grip on weekly
charts & So, Silver July contract is now expected to remain range-bound to bearish supported by
important fundamental reasons.
For the coming week, we expect Silver July contract to find support near 37100 to 37000 levels.
Below 37000, strong support is at 36500 & 36100 levels & below it at 35800 levels.
Resistances are expected at 38500 levels. Above 38750 levels the next resistance is at 39350 &
40000 levels.
WEEKLY RECOMENDATIONS:-
SELL SILVER (JULY) BELOW 37500 TG 36700 / 36100 SL ABOVE 37380
BUY SILVER (JULY) ABOVE 37900 TG 39000 / 39550 SL BELOW 37000
TRADING STRATEGY:
MCX Crude oil June contract has shown mixed trend movement under the influence of OPEC
meeting in Vienna . OPEC decision of not to cut daily production of 30 Million barrels will surely
going to put pressure on Crude Oil price. Overall the market sentiment, after a couple of weeks
momentum looking weak now & expected to remain mixed to bearish in lack of trigger from
domestic & International market. It is now, expected to remain bearish in coming week.
Crude Oil May contract having support at 3650 levels below it at 3590 levels & strong supports at
3520 & 3460 levels.
Resistances are at 3810 levels & above it at 3920 levels & strong resistance at 3980 & 4050 levels.
WEEKLY RECOMENDATIONS:-
SELL CRUDE OIL (JUNE) BELOW 3820 TG 3690 / 3650 SL ABOVE 3920
BUY CRUDE OIL (JUNE) ABOVE 3935 TG 4050 / 4080 SL BELOW 3820
WEEKLY COMMODITY REPORT
05-09-JAN-2015
WEEKLY COMMODITY REPORT
08TH JUNE TO 12TH JUNE 2015
ENERGY WEEKLY TECHNICAL LEVELS
CRUDE OIL (JUNE) MCX WEEKLY CHART
WEEKLY PIVOTAL
S1 3495
S2 3620
PP 3778
R1 3956
R2 4044
COPPER (JUNE) MCX WEEKLY CHART
BASE METALS WEEKLY TECHNICAL LEVELS
WEEKLY PIVOTAL
S1 373
S2 378
PP 383
R1 388
R2 394
TRADING STRATEGY:
MCX COPPER June contract remain bearish in the week under the influence of fundamental
factors around the world especially China where the HSBC Flash Manufacturing PMI reading,
Building Permits, & other important data came & so the Chinese Govt. decided to further give
stimulus package for boosting the economy. Now, Copper June contract is looking weak on
weekly chart & expected to move downward further to 373 to 367 levels.
For the next week, Copper June contract supports are at 378 - 376 levels. Below 375, at 373- 371
levels & strong support at 366 levels.
Resistance are at 388-391 levels. Above it at 395 levels & Strong resistance is at 400 & 402
levels.
WEEKLY RECOMENDATIONS:-
SELL COPPER JUNE BELOW 381 TG 373 / 369 SL ABOVE 390
BUY COPPER JUNE ABOVE 385 TG 393 / 398 SL BELOW 377
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
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Epic research weekly commodity report 08th to 12th june 2015

  • 1. WEEKLY COMMODITY REPORT 08TH JUNE TO 12TH JUNE 2015
  • 2. BULLIONS WEEKLY TECHNICAL LEVELS GOLD(AUGUST) MCX WEEKLY CHART WEEKLY PIVOTAL S1 26421 S2 26120 PP 26872 R1 27163 R2 27624 TRADING STRATEGY: MCX Gold AUG contract during this week as expected couldn't able to break the resistance zone of 27450 levels & made new weekly low of 26572 level. Gold Aug contract, now expected to trade in mixed to negative territory due to various important international market data & events. For the next week we expect Gold Aug contract prices to find support in range of 26500 levels. Below 26500 levels, the next support is at 26100 & strong support at 25750 levels. Resistances are in the range of 27900 to 27050 levels. Above 27120 the next resistance is at 27500 levels & strong resistance are at 27850 levels. WEEKLY RECOMENDATIONS:- SELL GOLD (AUG) BELOW 26700 TG 26250 / 26000 SL ABOVE 27050 BUY GOLD (AUG) ABOVE 26900 TG 27350 / 27550 SL BELOW 26500 WEEKLY COMMODITY REPORT 08TH JUNE TO 12TH JUNE 2015
  • 3. BULLIONS WEEKLY TECHNICAL LEVELS SILVER (JULY) MCX WEEKLY CHART WEEKLY PIVOTAL S1 36107 S2 35203 PP 37628 R1 38532 R2 40053 WEEKLY COMMODITY REPORT 08TH JUNE TO 12TH JUNE 2015 TRADING STRATEGY MCX Silver July Contract, as seen in the weekly chart got stuck at the resistance of 39350 levels. Also, Silver is getting impact of both Gold & Copper which are now in bears' grip on weekly charts & So, Silver July contract is now expected to remain range-bound to bearish supported by important fundamental reasons. For the coming week, we expect Silver July contract to find support near 37100 to 37000 levels. Below 37000, strong support is at 36500 & 36100 levels & below it at 35800 levels. Resistances are expected at 38500 levels. Above 38750 levels the next resistance is at 39350 & 40000 levels. WEEKLY RECOMENDATIONS:- SELL SILVER (JULY) BELOW 37500 TG 36700 / 36100 SL ABOVE 37380 BUY SILVER (JULY) ABOVE 37900 TG 39000 / 39550 SL BELOW 37000
  • 4. TRADING STRATEGY: MCX Crude oil June contract has shown mixed trend movement under the influence of OPEC meeting in Vienna . OPEC decision of not to cut daily production of 30 Million barrels will surely going to put pressure on Crude Oil price. Overall the market sentiment, after a couple of weeks momentum looking weak now & expected to remain mixed to bearish in lack of trigger from domestic & International market. It is now, expected to remain bearish in coming week. Crude Oil May contract having support at 3650 levels below it at 3590 levels & strong supports at 3520 & 3460 levels. Resistances are at 3810 levels & above it at 3920 levels & strong resistance at 3980 & 4050 levels. WEEKLY RECOMENDATIONS:- SELL CRUDE OIL (JUNE) BELOW 3820 TG 3690 / 3650 SL ABOVE 3920 BUY CRUDE OIL (JUNE) ABOVE 3935 TG 4050 / 4080 SL BELOW 3820 WEEKLY COMMODITY REPORT 05-09-JAN-2015 WEEKLY COMMODITY REPORT 08TH JUNE TO 12TH JUNE 2015 ENERGY WEEKLY TECHNICAL LEVELS CRUDE OIL (JUNE) MCX WEEKLY CHART WEEKLY PIVOTAL S1 3495 S2 3620 PP 3778 R1 3956 R2 4044
  • 5. COPPER (JUNE) MCX WEEKLY CHART BASE METALS WEEKLY TECHNICAL LEVELS WEEKLY PIVOTAL S1 373 S2 378 PP 383 R1 388 R2 394 TRADING STRATEGY: MCX COPPER June contract remain bearish in the week under the influence of fundamental factors around the world especially China where the HSBC Flash Manufacturing PMI reading, Building Permits, & other important data came & so the Chinese Govt. decided to further give stimulus package for boosting the economy. Now, Copper June contract is looking weak on weekly chart & expected to move downward further to 373 to 367 levels. For the next week, Copper June contract supports are at 378 - 376 levels. Below 375, at 373- 371 levels & strong support at 366 levels. Resistance are at 388-391 levels. Above it at 395 levels & Strong resistance is at 400 & 402 levels. WEEKLY RECOMENDATIONS:- SELL COPPER JUNE BELOW 381 TG 373 / 369 SL ABOVE 390 BUY COPPER JUNE ABOVE 385 TG 393 / 398 SL BELOW 377
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