Comex report-daily by epic research 28 may 2013
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Comex report-daily by epic research 28 may 2013

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Epic Research is a leading financial services provider with presence in Indian and other global capital markets. Provides Stock Tips, Forex Tips, Currency Tips, Commodity Tips, MCX Tips, Equity Tips, ...

Epic Research is a leading financial services provider with presence in Indian and other global capital markets. Provides Stock Tips, Forex Tips, Currency Tips, Commodity Tips, MCX Tips, Equity Tips, Tips, Intraday Tips, NSE Tips, BSE Tips, COMEX Tips, PCG Pack NCDEX Tips and Free Stock Tips. We provide services in equity, commodity and Forex market.

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Comex report-daily by epic research 28 may 2013 Comex report-daily by epic research 28 may 2013 Document Transcript

  • REPORT28THMAY 2013COMEXREPORT
  • 8Gold falls as stocks hold firm; physical demand staysstrongGold fell on Asian stock markets and the dollar firmed after a turbulent week,undermining the metals appeal as a safe haven and prompting more selling inbullion-backed exchange traded funds. Demand in the physical market continuedto hold prices near $1,400 an ounce as the recent drops in the spot market luredbuyers to invest in bullion. Spot gold fell 0.26 percent to $1,390.71 an ounce,after gaining more than half a percent on Monday. It rose 2 percent last week - itsstrongest weekly percentage gain in a month - though the metal is down 17percent for the year. U.S. gold rose 0.22 percent to $1,389.60.Copper Drops on Concern Slowing Growth in China MayHurt DemandCopper declined for the third straight day, paring a monthly advance, on concernthat slowing economic growth in China may crimp demand in the world’s biggestconsumer of industrial metals. Nickel fell. Metal for delivery in three monthsdropped as much as 1.1 percent to $7,220 a metric ton on the London MetalExchange, and was at $7,237 at 11:19 a.m. in Singapore. Futures for July deliveryfell 0.7 percent to $3.2730 a pound on the Comex. The LME and Comex floortrading were shut for holidays . Premier Li Keqiang, speaking in Berlin yesterday,said that policy makers may maintain slower growth, with China facing hugechallenges as it opens up the economy.on fresh worries that sluggish economicgrowth will limit copper consumption after data showing the euro-zone economyshrank in the first quarter.NEWS RADAR
  • S1 S2 R1 R21373 1361 1401 1418GOLD HOURLY CHARTGOLD LOOKS BEARISH SELL BELOW 1382 LEVEL ISSUGGESTED AND RECOMMENDED TO BOOKPROFIT NEAR 1370 LEVEL AND MAINTAINING SLOF 1390.00
  • S1 S2 R1 R222.34 22.09 22.72 22.98SILVER HOURLY CHARTSILVER LOOKS BELOW SELL BELOW 22.40 LEVELIS SUGGESTED AND RECOMMENDED TO BOOKPROFIT NEAR 22.15 LEVEL AND MAINTAINING SLOF 22.60
  • S1 S2 R1 R23.2758 3.2600 3.3194 3.3354COPPER HOURLY CHARTCOPPER LOOKS BEARISH SELL BELOW 3.2600LEVEL IS SUGGESTED AND RECOMMENDED TOBOOK PROFIT NEAR 3.2400 LEVEL ANDMAINTAINING SL OF 3.28003
  • S1 S2 R1 R293.04 92.25 94.29 95.18CRUDE OIL HOURLY CHARTCRUDE LOOKS BEARISH SELL AROUND 93.00 LEVELIS SUGGESTED AND RECOMMENDED TO BOOKPROFIT NEAR 92.00 LEVEL AND MAINTAINING SLOF 94.00
  • DisclaimerThe information and views in this report, our website & all the service we provide are believed to bereliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have theright to choose the product/s that suits them the most.Sincere efforts have been made to present the right investment perspective. The information containedherein is based on analysis and up on sources that we consider reliable.This material is for personal information and based upon it & takes no responsibilityThe information given herein should be treated as only factor, while making investment decision. Thereport does not provide individually tailor-made investment advice. Epic research recommends thatinvestors independently evaluate particular investments and strategies, and encourages investors toseek the advice of a financial adviser. Epic research shall not be responsible for any transactionconducted based on the information given in this report, which is in violation of rules and regulations ofNSE and BSE.The share price projections shown are not necessarily indicative of future price performance. Theinformation herein, together with all estimates and forecasts, can change without notice. Analyst or anyperson related to epic research might be holding positions in the stocks recommended. It is understoodthat anyone who is browsing through the site has done so at his free will and does not read any viewsexpressed as a recommendation for which either the site or its owners or anyone can be heldresponsible 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 forany loss incurred whatsoever for any financial profits or loss which may arise from therecommendations above epic research does not purport to be an invitation or an offer to buy or sell anyfinancial instrument. Our Clients (Paid Or Unpaid), Any third party or anyone else have no rights toforward or share our calls or SMS or Report or Any Information Provided by us to/with anyone which isreceived directly or indirectly by them. If found so then Serious Legal Actions can be taken.