1. Daily Commodity Report
29th November 2012
Gold Silver Crude MCX GOLD (5 DECEMBER 12) –
29-Nov-12
Expiry 5-Dec-12 5-Dec-12 18-Dec-12 Gold opened lower at 32227 but managed to move higher to touch
an intra-day high of 32270. However, it failed to sustain higher and
Open 32,227 63,427 4,884
moved lower. It touched an intra-day low of 31768. It ended the
High 32,270 63,613 4,884 day with moderate losses to close at 31903.
Low 31,768 61,951 4,791
The RSI has slipped below its average. Moreover, the Stochastic is
Close 31,903 63,110 4,819 already placed below its average. Both these negative conditions
Prev. Close 32,229 63,536 4,886 would lead to selling pressure. Though the +DI line is placed above
the 32 level but has come off recent highs, indicating buyers are
% Change -1.01% -0.67% -1.37% booking profit at regular intervals. MCX Gold faces resistance at
Source – MCX 32270, 32421, 32464 and 33000 while the support levels are
placed at 31737, 31467, 31348 and 30837
Volume (In 000's)
MCX SILVER (5 DECEMBER 12) –
28-Nov-12 27-Nov-12 % Chg.
Silver opened lower at 63427 but managed to move higher to touch
Gold (gms) 28,539.0 31,001.0 -7.94%
an intra-day high of 63613. However, it failed to sustain higher and
Silver (kgs) 1,862.7 1,550.5 20.14% moved lower. It touched an intra-day low of 61951. It ended the
day with moderate losses to close at 63110.
Crude (bbl) 20,822.4 25,344.4 -17.84%
Source – MCX The RSI has slipped below its average. Moreover, the Stochastic is
already placed below its average. Both these negative conditions
Turnover (In Lacs) would lead to selling pressure. Though the ADX line and +DI line
are placed above the 31 level, these have come off recent highs,
28-Nov-12 27-Nov-12 % Chg. indicating buyers are booking profit at regular intervals. MCX Silver
faces resistance at 64142, 65000, 65670 and 65723, while the
Gold 911,761.5 1,001,565.3 -8.97%
supports are placed at 62115, 61912, 61398 and 60750 levels.
Silver 1,169,791.2 987,394.1 18.47%
MCX CRUDE (18 DECEMBER 12) –
Crude 1,003,791.9 1,239,161.2 -18.99%
Source – MCX Crude opened lower at 4884. Incidentally, this was the highest
price recorded for the day. It moved lower to touch an intra-day low
Global Market (Nymex - $) of 4791. It ended the day with moderate losses to close at 4819.
29/11/2012 28/11/2012 % Chg. The Stochastic and the RSI have slipped below their respective
Gold (oz) 1,722.30 1,718.70 0.21% averages, which would lead to selling pressure. The ADX line, – DI
line and +DI line are moving sideways, indicating a range bound
Silver (oz) 33.77 33.77 0.00%
trend. It faces resistance at 4892, 4950, 5000 and 5054 while the
WTI Crude (bbl) 86.72 86.49 0.27% supports are placed at 4760, 4692, 4603 and 4578.
Brent Crude (bbl) 109.76 109.51 0.23%
NOTE – Stop Losses should be considered strictly on Closing
Dollar Index 80.29 80.30 -0.01%
Basis
Source – www.cmegroup.com
Keynote Capitals Ltd.
The Ruby, 9th Floor, Senapati Bapat Marg, Dadar (W), Mumbai – 400 028. Tel: 3026 6000. Fax: 3026 6088.
www.keynotecapitals.com

2. Commodity News:
Iran to include Indian tea in top import list
Iran has assured India it will include Indian tea in the top category of import items. Tea Board of India has now decided
to promote Indian tea in tier-II cities of Iran. Tea Board took part in the 10th seminar and exhibition of tea producing
and exporting countries held in Tehran recently. Board chairman MGVK Bhanu told ET: "Iran presently imports 11
million kg tea from India annually. The idea is to scale it up and promote tea in the tier-II cities of Iran."
Maharashtra sugar mills get IT notice for paying cane prices above FRP
The income-tax department has served notices on Maharashtra sugar mills for paying cane price over and above the
fair and remunerative price (FRP) fixed by the government. According to the state co-operation minister, the I-T
department has assessed the dues of the sugar industry at Rs 5,000 crore for the period from 1984 to 2011.
Copper demand may go up in China in 2013
Copper demand in China, the world's biggest user of the metal, is expected to improve next year as the economy
recovers, according to Aurubis, the second-largest refined producer.
Source: ET
Economic Calendar:
Countries / Wednesday Thursday Friday
Regions 28/Nov 29/Nov 30/Nov
Gross Domestic Product
India M3 Money Supply (Nov 11)
Quarterly (YoY) (Q4)
Bank Loan Growth (Nov 11)
FX Reserves, USD (Nov 25)
Core Personal Consumption
Continuing and Initial
US MBA Mortgage Applications Expenditure - Price Index
Jobless Claims
(MoM) (Oct)
New Home Sales (MoM) Gross Domestic Product Chicago Purchasing
(Oct) Annualized Managers' Index (Nov)
Euro M3 Money Supply (3m)
Global Euro Consumer Confidence UK Inflation Report Hearings
(Oct)
Germany Consumer Price Euro Unemployment Rate
UK M4 Money Supply (YoY)
Index (YoY) (Nov) (Oct)
Germany Bundestag vote on
Greek aid
Keynote Capitals Ltd.
The Ruby, 9th Floor, Senapati Bapat Marg, Dadar (W), Mumbai – 400 028. Tel: 3026 6000. Fax: 3026 6088.
www.keynotecapitals.com

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