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Weekly commodity-report by Epic research 23-1-2012 to 28-01-2012
Weekly commodity-report by Epic research 23-1-2012 to 28-01-2012
Weekly commodity-report by Epic research 23-1-2012 to 28-01-2012
Weekly commodity-report by Epic research 23-1-2012 to 28-01-2012
Weekly commodity-report by Epic research 23-1-2012 to 28-01-2012
Weekly commodity-report by Epic research 23-1-2012 to 28-01-2012
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Weekly commodity-report by Epic research 23-1-2012 to 28-01-2012

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Epic Research is a leading financial services provider with presence in Indian and other global capital markets. With its full fledged research operations, Epic Research has proven itself as …

Epic Research is a leading financial services provider with presence in Indian and other global capital markets. With its full fledged research operations, Epic Research has proven itself as Investment Advisory Company that produces and delivers high accuracy tips and recommendations for StockTips, Commodity Tips, Forex Tips.

Published in: Economy & Finance, Business
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  • 1. Weekly Commodity Report (23-28Jan) Commodity Updates Gold, silver spurt on renewed momentum, global sentiment Copper Imports by China Surge to a Record in December on Demand Outlook Oil Declines to One-Month Low on Chinese Manufacturing, Europe Concern Gold, silver spurt on renewed momentum, global sentiment BASE METALS: Copper Ends Lower As China Data, Dollar Weigh Global aluminum production rises during DecemberSilver futures down on weak global cues
  • 2. www.epicresearch.co +919993959693 Technical Charts Mcx GoldMCX GOLD showed volatile movements last week with a negative bias. Rupee appreciation also helped Goldprices to come down, but on the last day of the week it showed an expected pullback taking cues from theglobal market.RESISTANCE: 27565, 27360, 27750SUPPORT : 27390, 27320, 27220TREND : SIDEWAYS, BOUNCEBACK EXPECTEDSTRATEGY : BUY ON DIPS www.epicresearch.co +919993959693
  • 3. www.epicresearch.co +919993959693 Mcx Silver MCX SILVER has given a break out on Daily and Weekly charts testing the levels of 55000. It is looking bullish for the coming sessions to test the levels of 57000. Some correction is expected from current levels. RESISTANCE: 56000, 56500, 57000 SUPPORT : 54100, 53700, 53200 TREND : BULLISH STRATEGY : BUY ON DIPS www.epicresearch.co +919993959693
  • 4. www.epicresearch.co +919993959693 Mcx Copper MCX COPPER remained bullish for this week also and touched the high of 426.60. However it is facing a stiff resistance from a trend line on daily and weekly charts. If COPPER takes reversal than it may come down to touch 405 levels. RESISTANCE: 420.80, 422.20,426 SUPPORT : 416.50,414,411 TREND : BULLISH, REVERSAL EXPECTED STRATEGY : SELL ON HIGHS www.epicresearch.co +919993959693
  • 5. www.epicresearch.co +919993959693 Mcx Crude oil MCX CRUDEOIL remained week for the whole week ahead of global cues and rupee appreciation. On daily and weekly chart it has given a sharp correction from recent highs. It is trading near its major support zone of 4900. RESISTANCE: 5010, 5060, 5100 SUPPORT : 4940, 4900, 4840 TREND : BEARISH STRATEGY :SELL ON HIGHS www.epicresearch.co +919993959693
  • 6. www.epicresearch.co +919993959693 Disclaimer 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. www.epicresearch.co +919993959693

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