Keynote commodity daily report for 040712

Daily Commodity Re D eport 4th July 2012 MC GOLD (4 AUGUST 12 - Gold ope CX 2) ened lower at 29636 and t Gold G Si ilver Cr rude (4 A Aug-12) (5 Sept-12) (19 J Jul-12) touc ched an intra a-day high of 29637. How f wever, it failed to sustain high and mov her ved lower to touch an intra-day low o 29444. It of Ope en 29,636 53,527 4,630 end the day w moderate losses to close at 29473. ded with High h 29,637 53,898 4,803 The Stochastic h slipped b e has below its ave erage. Moreov ver, the RSI Low w 29,444 53,441 4,605 remmains placed below its av verage, which would resu in selling h ult Clos se 29,473 53,706 4,756 presssure. Howevver, the Stocchastic is still placed in th over sold l he zon which wou lead to sh covering at lower levels. The ADX ne, uld hort Prev Close v. 29,660 53,513 4,636 line +DI line and -DI line are moving side e, d e eways, indicating a range %C Change -0.63% 0.36% 2.59% bouund trend. MMCX GOLD faces resistance at 296 668, 30179,Sourc – MCX ce 303340, 30428 an 31000, wh the suppo are place at 28859, nd hile orts ed 287 and 27962 levels. 765 Volume (In 000 V 0s) MC SILVER (5 SEPT 12) - Silver open CX 5 ned higher a 53527 but at 03/0 07/2012 02/0 07/2012 % Chg. mov lower. It t ved ntra-day low o 53441 but managed to touched an in of bou unce back fro lower leve om els. It moved higher to tou an intra- uch Gold (gms) d 39,221.0 3 31,488.0 3 24.56% 2 day high of 5389 It ended t day with modest gains to close at y 98. the s Silve (kgs) er 1,458.7 1,466.9 -0.55% 537 706. Crud (bbl) de 33,755.7 3 27,401.7 2 23.19% 2 The RSI has mo e oved above its average Mo s oreover, the S Stochastic isSourc – MCX ce also placed abo its averag and is still placed in th over sold o ove ge he zon These conditions would lead to sh ne. hort covering and buying Tu urnover (In Lacs) suppport. The AD line, +DI line and -DI line are movin sideways, DX ng indicating a range bound treend. MCX Silver faces re esistance at 03/0 07/2012 02/0 07/2012 % Chg. 545570, 55551, 5 56157 and 577737 while the supports are placed atGold d 1,15 58,962.9 93 34,024.8 24.08% 2 536675, 51559, 51029, and 50 0252 levels.Silve er 78 82,912.7 78 83,863.6 -0.12% MC CRUDE (19 July 12) - C CX Crude opened lower at 4630 level and dCrud de 1,59 93,881.1 1,27 73,196.6 25.19% 2 movved lower to touch an intra-day low of 4605. However, it o w mannaged to bou unce back an moved hig nd gher. It touch hed an intra-Sourc – MCX ce day high of 480 y 03. It ended the day with large gains to close at h s 475 56. Global Market (Nym - $) mex 04/0 07/2012 03/0 07/2012 % Chg. The RSI and th Stochastic are placed above their respective e he c d ave erages, which would lead to buying support. Ho h owever, theGold (oz) d 1,616.70 1 1,621.30 -0.28% Stochastic is pla aced in the ov bought zo ver one, which w would lead toSilve (oz) er 28.20 28.26 -0.20% prof taking at regular interva The –DI line has falle below the fit als. enCrud (bbl) de 87.38 87.66 -0.32% 30 level indicatting sellers have covere their shor ed rts. It faces resi istance at 485 4905 and 5005 while th supports a placed at 55, he areDolla Index ar 81.88 81.78 0.12% 472 4624, 4421, 4259 and 3 20, 3723.Sourc – www.cme ce egroup.com Intra-day Re esistance Intra-day Sup pportComm modities Close Pivot Point R1 R2 R3 R S1 S2 S3CRUD JUL 12 DE 4756 4721 4838 4 49 919 511 17 4640 0 4523 4325GOLD AUG 12 D 29473 29518 2 29 9592 297 711 2990 04 29399 9 29325 29132SILVE SEPT 12 ER 53706 53682 5 53 3922 541 139 5459 96 53465 5 53225 52768 Keynot Capitals L te Ltd. The Rub 9th Floor, Senapati Bapa Marg, Dadar (W), Mumbai – 400 028. T 3026 6000. Fax: 3026 60 by, at Tel: 088. www.keyynotecapitals.com

US E Economic C Calendar: Thursday Friday Monday M Tuesday Wedneesday Jul 05 Jul 06 Jul 09 Ju 10 ul Jul 11Jobless Claims Emplo oyment Situation Consum Credit mer ICSC-Gol ldman Store FOMC Minu utes SalesEIA Petroleum Sta atus Monst Employment ter 4-Week Bill k NFIB Sma Business all Internationa Trade alReport Index Announcement Optimism IndexISM Non-Mfg Inde ex Treasury STRIPS 3-Month Bill Auction h 4-Week B Auction Bill EIA Petrole eum Status Report Keynot Capitals L te Ltd. The Rub 9th Floor, Senapati Bapa Marg, Dadar (W), Mumbai – 400 028. T 3026 6000. Fax: 3026 60 by, at Tel: 088. www.keyynotecapitals.com

DiscclaimerThis document is n for public di not istribution and has been furnis shed to you so olely for your information and must not be re eproduced orredisstributed to any other person. Persons into who possession this document may come are required to obse P ose erve these restr rictions.This material is for t personal info the ormation of the authorized recipient, and we are not soliciting any action base upon it. This report is not ed sto be construed as an offer to sell or the solicitation of an offer to buy any security in any jurisdiction where such an offer o solicitation e orwoul be illegal. It i for the gener information o clients of Keynote Capitals Ltd. It does not constitute a personal recomm ld is ral of t mendation ortake into account the particular inve estment objectiv tuations, or need of individual clients. ves, financial sit dsWe h have reviewed t report, and in so far as it includes current o historical info the or ormation, it is beelieved to be rel liable though its accuracy or scomp pleteness canno be guarantee Neither Keyn ot ed. note Capitals Lt nor any pers connected with it, accepts any liability aris td., son sing from theuse of this documen The recipien of this mater should rely on their own inv nt. nts rial vestigations and take their own professional a advice. Priceand value of the investments referred to in this m material may go up or down. Past performan is not a gu nce uide for future pperformance.Certa transactions -including thos involving futures, options and other derivatives as well as non-investmen grade securit ain s se s nt ties - involvesubsstantial risk and are not suitab for all invest d ble tors. Reports ba ased on technic analysis cen cal nters on studyin charts of a stock’s price ngmove ement and trad ding volume, as opposed to fo s ocusing on a co ompany’s funda amentals and as such, may no match with a report on a s otcomp pany’s fundame entals.Opinnions expressed are our current opinions as of the date appea d f aring on this maaterial only. While we endeavor to update on a reasonablebasis the informatio discussed in this material, there may be r s on n regulatory, commpliance, or othe reasons that prevent us fro doing so. er t omProsspective investo and others are cautioned t ors a that any forward d-looking statemments are not p predictions and may be subjec to change ctwitho notice. Our proprietary tr out r rading and inve estment busine esses may ma ake investment decisions that are inconsiste with the t entrecommendations e expressed herein n.We a our affiliates, officers, direc and ctors, and empl loyees world wide may: (a) from time to time, have long or sh positions in and buy or m hort n,sell t securities th the hereof, of compa (ies) mentio any oned herein or (b) be engaged in any other transaction involvi such securit ing ties and earnbrokerage or other compensation or act as a mar o rket maker in th financial inst he truments of the company (ies) discussed here or act as einadvis or lender / borrower to such company (ie or have other potential con sor es) nflict of interest with respect to any recomme t o endation andrelated information a opinions. andThe analyst for this report certifies that all of the views express s s e sed in this repo accurately re ort eflect his or he personal view about the er wssubje company or companies an its or their se ect r nd ecurities, and no part of his or her compensa r ation was, is or will be, directly or indirectly yrelated to specific re ecommendation or views expr ns ressed in this report.No p of this material may be dup part plicated in any fo and/or redis orm stributed withou Keynote Capit ut tals Ltd’s., prior written consent. r Keynot Capitals L te Ltd. The Rub 9th Floor, Senapati Bapa Marg, Dadar (W), Mumbai – 400 028. T 3026 6000. Fax: 3026 60 by, at Tel: 088. www.keyynotecapitals.com

Keynote commodity daily report for 040712

by Keynote Capitals Ltd. on Jul 03, 2012

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Keynote commodity daily report for 040712 Document Transcript