Keynote commodity daily report for 060812

Daily Commodity Re D eport 6th August 2012 MC GOLD (5 OCTOBER 12) - Gold o CX opened highe at 29910. er Gold G Si ilver Cr rude (5 O Oct-12) (5 Sept-12) (20 A Aug-12) Incidentally, this is the highes price record for the da It moved st ded ay. lower to touch a intra-day low of 29876. It ended the day flat to an e Ope en 29,910 53,282 5,070 clos at 29903. se High h 29,910 53,323 5,079 The RSI and th Stochastic are placed below their respective e he d Low w 29,876 53,264 5,066 aveerages, which would lead to selling pressure. Ho h d owever, the Clos se 29,903 53,275 5,073 Stochastic remains placed ne the over s ear sold zone and would lead d Prev Close v. 29,905 53,317 5,071 to intermediate bouts of sho covering a lower levels. The ADX ort at line the -DI line and the +DI line are mov e, e I ving sideway indicating ys, %C Change -0.01% -0.08% 0.04% rang bound trend. MCX GO ge OLD faces ressistance at 30 0179, 30340,Sourc – MCX ce 304 and 3100 while the supports are placed at 29 428 00, 9668, 28859, 287 and 27962 levels. 765 Volume (In 000 V 0s) MC SILVER (5 SEPT 12) - Silver open CX 5 ned lower at 5 53282 but it 04/0 08/2012 03/0 08/2012 % Chg. man naged to mo higher. It touched an intra-day hig of 53323. ove gh Gold (gms) d 961.0 35,714.0 3 -9 97.31% How wever, it faile to sustain higher and m ed moved lower to touch an intra a-day low of 5 53264. It ended the day fla to close at 5 at 53275. Silve (kgs) er 29.0 1,621.5 -9 98.21% Crud (bbl) de 422.1 32,159.8 3 -9 98.69% The Stochastic and the RS are placed below their respective e SI dSourc – MCX ce aveerages, which would result in selling pre essure. The A ADX line, -DI line and +DI lin are movin sideways, indicating ra e ne ng ange bound Tu urnover (In Lacs) tren MCX Silve faces resis nd. er stance at 5367 54570, 55 75, 5551, 56157 and 57737 while the suppor are place at 51559, 51029, and d e rts ed 04/0 08/2012 03/0 08/2012 % Chg. 502 levels. 252Gold d 28,730.6 2 1,06 68,718.4 -9 97.31% MC CRUDE (2 August 12 - Crude ope CX 20 2) ened lower a 5070 but it atSilve er 15,441.8 1 86 60,366.6 -9 98.21% man naged to mo ove higher. It touched an intra-day high of 5079. t How wever, it faile to sustain higher and m ed moved lower to touch anCrud de 21,407.7 2 1,610,121.0 -9 98.67% intra a-day low of 5 5066. It ended the day flat to close at 50 d 073.Sourc – MCX ce The Stochastic and the RSI have moved above thei respective e d ir Global Market (Nym - $) mex aveerages, which would lead to buying su h upport. The + line, -DI +DI 06/0 08/2012 04/0 08/2012 % Chg. line and ADX lin are moving sideways, i e ne g indicating a r range bound tren It faces re nd. esistance at 5 5180, and 5217 while the 5093, 5126, 5Gold (oz) d 1,604.30 1 1,606.00 -0.11% suppports are plac at 4946, 4777, 4737 a 4681. ced andSilve (oz) er 27.66 27.80 -0.51% Positional Ca - BUY MCX Crud (Aug 12 @ 5060 all de 2)Crud (bbl) de 91.14 91.40 -0.28% wit Stop Loss of 4946 and Targe price of 5200. th 6 etDolla Index ar 82.32 82.27 0.14%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 AUG 12 DE 5073 5073 5079 5 50 086 509 99 5066 6 5060 5047GOLD OCT 12 D 29903 29896 2 29 9917 299 930 2996 64 29883 3 29862 29828SILVE SEPT 12 ER 53275 53287 5 53 3311 533 346 5340 05 53252 2 53228 53169 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: Monday Tuesday We ednesday Thu ursday Frid day Aug 06 Aug 07 Aug 08 A Au 09 ug Aug 10 g4-W Week Bill ICSC--Goldman Stor re Import and Export tivity and Cost Product ts Jobless C ClaimsAnnouncement Sales Prices EIA Petroleum Status s3-Mo onth Bill Auctio on Consu umer Credit International Trade Treasury Bu udget Report Ben Bernanke B MBA Pu urchase6-Mo onth Bill Auctio on Wholesale Trade e Speec ch Applicat tions 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 060812

by Keynote Capitals Ltd. on Aug 06, 2012

Accessibility

Categories

Upload Details

Usage Rights

Statistics

Keynote commodity daily report for 060812 Document Transcript