Daily commodity-report by epic research 25.04.13

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GOLD MCX has immediate resistance @26715. And any strategy to buy or sell would depend on today’s U.S. economic data of Initial Jobless Claims. Breakout Strategy or Reversal Strategy will depend on today’s data.

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Daily commodity-report by epic research 25.04.13

  1. 1. MCX Daily Report (25 April 2013)1 | P a g eWWW.EPICRESEARCH.COCALL: +919752199966MCX Commodity Evening Report!!!25thApril 2013, Thursday
  2. 2. MCX Daily Report (25 April 2013)2 | P a g eWWW.EPICRESEARCH.COCALL: +919752199966MCX BULLIONS TECHNICAL LEVELSGOLD MCX HOURLY CHART & LEVELSHOURLY CHART – MCX GOLDJUSTIFICATIONSUPPORT: Immediate Strong Support @26535 AND 26470RESISTANCE: Immediate Resistance @26725Comments:GOLD MCX has immediate resistance @26715. And any strategy to buy or sell would depend on today’s U.S.economic data of Initial Jobless Claims. Breakout Strategy or Reversal Strategy will depend on today’s data.
  3. 3. MCX Daily Report (25 April 2013)3 | P a g eWWW.EPICRESEARCH.COCALL: +919752199966COMEX BULLIONS TECHNICAL LEVELSGOLD COMEX HOURLY CHART & LEVELSHOURLY CHART – COMEX GOLD
  4. 4. MCX Daily Report (25 April 2013)4 | P a g eWWW.EPICRESEARCH.COCALL: +919752199966MCX BULLIONS TECHNICAL LEVELSSILVER MCX HOURLY CHART & LEVELSHOURLY CHART – MCX SILVERJUSTIFICATIONSUPPORT: Immediate Support @43235RESISTANCE: Immediate Resistance @43590Comments:Silver MCX is trading between a tight range of 43235 and 43590. As Market has opened with a gap chances ofcorrection are high. Hence Sell on Rise around @43600 and keep a close watch Initial Jobless Claims of USA.
  5. 5. MCX Daily Report (25 April 2013)5 | P a g eWWW.EPICRESEARCH.COCALL: +919752199966COMEX BULLIONS TECHNICAL LEVELSSILVER COMEX HOURLY CHART & LEVELSHOURLY CHART – COMEX SILVER
  6. 6. MCX Daily Report (25 April 2013)6 | P a g eWWW.EPICRESEARCH.COCALL: +919752199966ECONOMIC DATA ON 25thApril 2013Market Consensus before announcement of Initial Jobless ClaimsInitial jobless claims for the week ending April 13 rose 4,000 to 352,000. This followed a revised drop of 40,000 the weekbefore. Continuing claims showed improvement in the latest available data which for this series is the April 6 week. Continuingclaims fell 35,000 to 3.068 million with the 4-week average down 2,000 to 3.083 million. These levels are near recovery lowsbut, despite the latest dips, are little changed from the month-ago comparison.
  7. 7. MCX Daily Report (25 April 2013)7 | P a g eWWW.EPICRESEARCH.COCALL: +919752199966DISCLAIMERThe information and views in this report, our website & all the service we provide are believed to be reliable, but we do notaccept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits themthe most.Sincere efforts have been made to present the right investment perspective. The information contained herein is based onanalysis 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. The report does not provideindividually tailor-made investment advice. Epic research recommends that investors independently evaluate particularinvestments and strategies, and encourages investors to seek the advice of a financial adviser. Epic research shall not beresponsible for any transaction conducted based on the information given in this report, which is in violation of rules andregulations of NSE and BSE.The share price projections shown are not necessarily indicative of future price performance. The information herein, togetherwith all estimates and forecasts, can change without notice. Analyst or any person related to epic research might be holdingpositions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at his free willand does not read any views expressed 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 for any loss incurredwhatsoever for any financial profits or loss which may arise from the recommendations above epic research does notpurport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid Or Unpaid), Any third party oranyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyonewhich is received directly or indirectly by them. If found so then Serious Legal Actions can be taken.
  8. 8. MCX Daily Report (25 April 2013)8 | P a g eWWW.EPICRESEARCH.COCALL: +919752199966CONTACT US:http://www.epicresearch.coEpic Research Private Limited Corporate Office411 Milinda Manor (Suites 409 - 417)2 RNT Marg Opp Central MallIndore (M.P.)Hotline: +91 731 664 2300 / 2427 / 2230Alternate: +91 731 664 2320 / 2226+91 97521 99966Or give us a missed call at 026 5309 0639

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