Daily commodity-report-19 july 2013


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Daily commodity-report-19 july 2013

  1. 1. MCX COMMODITY DAILY REPORT EPIC Research Report This Report contains all the study and strategy required by trader to trade on MCX commodities. Refer to the chart attracted in the Report to take proper Trading Decision. Research Analyst: Prateek Gupta INDEX WATCH: (19-JULY-2013) 1. MCX BULLIONS DAILY TECHNICAL CHART AND LEVELS (GOLD & SILVER) 2. MCX METAL DAILY TECHNICAL CHART AND LEVELS (COPPER) 3. MCX ENERGY DAILY TECHNICAL CHART AND LEVELS (CRUDEOIL)
  2. 2. MCX DAILY Newsletter (19-July 2013) 1 | P a g e WWW.EPICRESEARCH.CO CALL: +917316642300 COMMODITY DAILY TECHICAL REPORT……!!!! 19-JULY-2013, FRIDAY
  3. 3. MCX DAILY Newsletter (19-July 2013) 2 | P a g e WWW.EPICRESEARCH.CO CALL: +917316642300 MCX BULLIONS DAILY TECHNICAL LEVELS GOLD MCX HOURLY CANDLESTICK CHART TRADING STRATEGY: GOLD MCX is trading in up trend and according to international market GOLD is trading near to resistance levels and any rise will be selling opportunity. Immedaite Resistance @27000 and Support @26600 1. Sell GOLD MCX Around 26900-27000 TGT 26700/26900 SL 27100 2. Buy GOLD MCX Above 26850 TGT 26900/26950 SL 26750
  4. 4. MCX DAILY Newsletter (19-July 2013) 3 | P a g e WWW.EPICRESEARCH.CO CALL: +917316642300 SILVER MCX HOURLY CANDLESTICK CHART TRADING STRATEGY: SILVER MCX trading in a range and between 39925 to 41955 breakout and bounce back strategy will be better to trade on silver. Hence till breakout Buy on dips and sell on rise. Immediate Resistance @41955 and Support @39925 1. Sell SILVER MCX BeLow 39875 TGT 39575/39275 SL 40050 2. Buy SILVER MCX Around 40750 TGT 40950/41285 SL 40550
  5. 5. MCX DAILY Newsletter (19-July 2013) 4 | P a g e WWW.EPICRESEARCH.CO CALL: +917316642300 MCX BASE METALS DAILY TECHNICAL LEVELS COPPER MCX HOURLY CANDLESTICK CHART TRADING STRATEGY: COPPER MCX is trading is trading between range and till chennal breakout sell on Rise and Buy on dips. Any breakout of Range will take it to higher or lower levels. Immediate Resistance @419 and Support @416 1. Buy COPPER MCX above 422 TGT 426/429 SL 419 2. Sell COPPER MCX around 419 TGT 416/413 SL 422
  6. 6. MCX DAILY Newsletter (19-July 2013) 5 | P a g e WWW.EPICRESEARCH.CO CALL: +917316642300 MCX ENERGY DAILY TECHNICAL LEVELS CRUDEOIL MCX HOURLY CANDLESTICK CHART TRADING STRATEGY: CRUDEOIL MCX is trading in bullish trend and any correction would be buying opportuniy. Taking any long position is not favourable. Wait for some correction Immediate Resistance @6475 And Support @6440 1. Buy CRUDEOIL MCX above @6520 TGT 6560/6590 SL 6460 2. Sell CRUDEOIL MCX below 6430 TGT 6390/6350 SL 6470
  7. 7. MCX DAILY Newsletter (19-July 2013) 6 | P a g e WWW.EPICRESEARCH.CO CALL: +917316642300 DISCLAIMER The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most. Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and up on sources that we consider reliable. This material is for personal information and based upon it & takes no responsibility The information given herein should be treated as only factor, while making investment decision. The report does not provide individually tailor- made investment advice. Epic research recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Epic research shall not be responsible for any transaction conducted based on the information given in this report, which is in violation of rules and regulations of NSE and BSE. The share price projections shown are not necessarily indicative of future price performance. The information herein, together with all estimates and forecasts, can change without notice. Analyst or any person related to epic research might be holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any views expressed as a recommendation for which either the site or its owners or anyone can be held responsible 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 incurred whatsoever for any financial profits or loss which may arise from the recommendations above epic research does not purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid or Unpaid), any third party or anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken.
  8. 8. MCX DAILY Newsletter (19-July 2013) 7 | P a g e WWW.EPICRESEARCH.CO CALL: +917316642300 CONTACT US: WWW.EPICRESEARCH.CO Epic Research Private Limited Corporate Office 411 Milinda Manor (Suites 409 - 417) 2 RNT MargOpp Central Mall Indore (M.P.) Hotline: +91 731 664 2300 / 2427 / 2230 Alternate: +91 731 664 2320 / 2226 +91 97521 99966 Or give us a missed call at 026 5309 0639