Daily Comex Report Of 15 April 2014 By Epic Research

174 views

Published on

Epic Research Pvt. ltd. is a leading financial services provider with presence in Indian and other global capital markets.

Published in: Business, Economy & Finance
0 Comments
1 Like
Statistics
Notes
  • Be the first to comment

No Downloads
Views
Total views
174
On SlideShare
0
From Embeds
0
Number of Embeds
2
Actions
Shares
0
Downloads
2
Comments
0
Likes
1
Embeds 0
No embeds

No notes for slide

Daily Comex Report Of 15 April 2014 By Epic Research

  1. 1. Our Presence Epic Research India HNI & NRI Sales Contact USA Toll Free Number 411 Milinda Manor (Suites 409-425) 2117 Arbor Vista Dr. Charlotte (NC) 1-800-200-9454 2 RNT Marg. Opp Central Mall Cell: +1 704 249 2315 All queries should be directed to Indore (M.P.) Info@epicresearch.co Hotline: +91 731 6642300 HNI & NRI Sales Contact Australia Or give us a missed call at Mintara Road, Tarneit, Victoria, Post Code 3029 026 5309 0639 Phone: +61 422 063855 YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300 DAILY COMEX COMMODITY REPORT 15th APRIL-2014
  2. 2. PRECIOUS METALS AND INDUSTRIAL METALS COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT COMEX GOLD USD/T OZ. 1325.90 -0.80 -0.06% JUNE-14 GOLD SPOT USD/T OZ. 1327.74 9.86 0.75% N/A COMEX SILVER USD/T OZ. 19.96 -0.13 -0.65% MAY-14 SILVER SPOT USD/T OZ. 19.96 -0.01 -0.05% N/A COMEX COPPER USD/LB. 3.0420 -0.0120 -0.39% MAY-14 PALTINUM SPOT USD/T OZ. 1463.25 7.86 0.54% N/A ENERGY COMMODITY FUTURES COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT CRUDE OIL(WTI) USD/BBL. 103.48 -0.56 -0.54% MAY-14 CRUDE OIL(BRENT) USD/BBL. 108.90 1.08 1.00% MAY-14 NY. NATURAL GAS USD/MMBTU 4.566 -0.062 -1.34% MAY-14 NY. HEATING OIL USD/GAL. 297.70 3.26 1.11% MAY-14 YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300 DAILY MARKET OUTLOOK 15th APRIL-2014
  3. 3. COMMODITY SUPPORT-2 SUPPORT-1 PIVOT RESISTANCE-1 RESISTANCE-2 GOLD(APR-14) 1313.10 1319.50 1325.40 1331.80 1337.70 SILVER(MAY-14) 19.54 19.75 19.93 20.14 20.32 WTICRUDEOIL(APR-14) 102.61 103.04 103.80 104.23 104.99 NATURALGAS(APR-14) 4.478 4.522 4.584 4.628 4.690 COPPER(MAY-14) 3.0140 3.0280 3.0450 3.0590 3.0760 LME BASE METALS CASH OFFICIAL PRICES ( $/MT ) LME WAREHOUSE STOCKS (INVENTORY) METALS PRICE ( $/MT ) CHANGE % CHANGE METALS INVENTORY CHANGE (MT) ALUMINIUM 1833.50 -20.00 -1.08% ALUMINIUM 325 COPPER 6645.00 7.50 0.11% COPPER -1700 LEAD 2075.00 -12.50 -0.60% LEAD UNCHANGED ZINC 2032.50 -1.00 -0.05% ZINC -3375 NICKEL 17735.00 685.00 4.02% NICKEL -1908 TIN 23495.00 120.00 0.51% TIN -10 YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300 DAILY SUPPORT & RESISTANCE 15th APRIL-2014
  4. 4. YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300 • Gold prices fell slightly in Asia on Tuesday on profit-taking after gains made on geopolitical tensions over the Ukraine. On the Comex division of the New York Mercantile Exchange, gold futures for June delivery traded at $1,322.40 a troy ounce, down 0.38%, after hitting an overnight session low of $1,319.00 and off a high of $1,331.30. Geopolitical concerns gave gold a boost on Monday. • Silver for May delivery was down 0.66% at US$19.877 a troy ounce, while copper futures for May delivery were down 0.38% at US$3.030 a pound. • Crude oil prices eased in Asia on Tuesday on profit taking after gains made on geopolitical tension in the Ukraine. On the New York Mercantile Exchange, West Texas Intermediate crude oil for delivery in May traded at $103.31 a barrel, down 0.72%, after hitting a session low of $103.36 a barrel and a high of $104.55 a barrel. • Brent Oil on the ICE Futures Europe exchange rose $1.74, or 1.6%, to $109.07 a barrel on Monday, the highest settlement since March 4. • Forecasts for seasonably mild U.S. temperatures typical of this time of year sent natural gas futures falling on Monday, as demand for heating in the country's homes should wane. On the New York Mercantile Exchange, natural gas futures for delivery in May traded at $4.556 per million British thermal units during U.S. trading, down 1.40%. The commodity hit session high of $4.646 and a low of $4.540. The May contract settled down 0.75% on Friday to end at $4.620 per million British thermal units. • Nickel prices stood out from the LME pack during Monday premarket trading, racing to a fresh 14-month high, while the rest of the complex built on last week's upbeat closes amid some caution over geopolitical tensions in Ukraine. Nickel, although technically overbought, extended its break above $17,000 amid the continuing fundamental backdrop of the Indonesian mineral ore export ban. It touched $17,849 per tonne, the strongest since February 19, 2013, before settling at $17,836, up $436. The copper price was trading in mid-range at $6,663, a $7 decline, with prices fairly comfortable in a ranging band below $6,700. Stocks were down 3,375 tonnes at 244,950 tonnes, the lowest since November 2012. Aluminium, which hit its highest since last October above $1,900 on Friday, dipped back below that level to $1,879, a $5 loss. Inventories fell 6,800 tonnes to 5,344,275 tonnes, the lowest since March 18. Lead and Zinc both consolidated below last Friday's five-week peaks. Lead traded at $2,110, up $10 - stocks were static at 202,400 tonnes. The zinc price at $2,050 was $25 higher, with a 3,300-tonne fall in inventories to 811,225 tonnes, the lowest for two weeks. Tin, at a two- and-a-half month high in the previous session, traded at $23,494, up $119, while stocks climbed 30 tonnes to 9,460 tonnes. INTERNATIONAL COMMODITY NEWS 15th APRIL-2014
  5. 5. YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300 EPIC DAILY TOP PICKS 15th APRIL-2014 COPPER-COMEX DAILY CANDLESTICK CHART TRADING STRATEGY : COPPER-COMEX has closed @ 3.0270. If it breaks the level of 3.0180, it can touch the level of 3.0071 & 2.9923 respectively. If it sustain above the level of 3.0455, it can touch the level of 3.0567 & 3.0710 respectively. SELL COPPER-COMEX BELOW 3.0180 TGTS 3.0071, 2.9923 SL 3.0310. BUY COPPER-COMEX ABOVE 3.0455 TGTS 3.0567, 3.0710 SL 3.0325.
  6. 6. YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300 TODAY'S ECONOMIC EVENTS 15th APRIL-2014
  7. 7. 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. Research Analyst : Nilesh Jain YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300 DISCLAIMER

×