Daily comex research report by epic research for 16 june 2014
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
16th
JUNE-2014
2. PRECIOUS METALS AND INDUSTRIAL METALS
COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT
COMEX GOLD USD/T OZ. 1277.10 3.10 0.24% AUG-14
GOLD SPOT USD/T OZ. 1276.51 3.59 0.28% N/A
COMEX SILVER USD/T OZ. 19.67 0.14 0.72% JULY-14
SILVER SPOT USD/T OZ. 19.65 0.15 0.77% N/A
COMEX COPPER USD/LB. 3.0280 0.0090 0.30% JULY-14
PALTINUM SPOT USD/T OZ. 1431.75 -8.50 -0.59% N/A
ENERGY COMMODITY FUTURES
COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT
CRUDE OIL(WTI) USD/BBL. 106.75 0.22 0.21% JULY-14
CRUDE OIL(BRENT) USD/BBL. 112.30 -0.12 -0.11% JULY-14
NY. NATURAL GAS USD/MMBTU 4.753 -0.009 -0.19% JULY-14
NY. HEATING OIL USD/GAL. 298.59 -0.34 -0.11% JULY-14
YOUR MINTVISORY WWW.EPICRESEARCH.CO
CALL: +917316642300
DAILY MARKET OUTLOOK
16th
JUNE-2014
4. YOUR MINTVISORY WWW.EPICRESEARCH.CO
CALL: +917316642300
INTERNATIONAL COMMODITY NEWS
16th
JUNE-2014
• Gold futures remained in positive territory due to safe-haven demand from investors worried over chaos erupting in Iraq remained in a
tight trading range after President Barack Obama said the U.S. won't send in troops to quell the insurgency. On the Comex division of
the New York Mercantile Exchange, gold futures for August delivery traded at 1,275.90 a troy ounce during U.S. trading, up 0.15%, up
from a session low of $1,271.00 and off a high of $1,277.50. The August contract settled up 1.01% at $1,274.00 on Thursday.
• Silver for July delivery was up 0.69% at $19.668 a troy ounce, while copper futures for July delivery were up 0.49% at $3.030 a
pound.
• Crude futures advanced on Friday amid fears that Iraq is on the brink of a civil that could disrupt oil shipments, though reassurances
from President Barack Obama that the U.S. won't send troops into the troubled country moved prices off earlier highs. On the New
York Mercantile Exchange, West Texas Intermediate crude oil for delivery in July traded at $106.91 a barrel during U.S. trading, up
0.36%. New York-traded oil futures hit a session low of $106.39 a barrel and a high of $107.67 a barrel. The July contract settled up
2.04% at $106.53 a barrel on Thursday.
• The ICE Futures Exchange in London, Brent oil futures for August delivery were up 0.30% and trading at US$112.76 a barrel, while
the spread between the Brent and U.S. crude contracts stood at US$5.85 a barrel.
• Natural gas futures edged lower on Friday after investors locked in gains from Thursday's bullish supply report and sold the
commodity for profits. On the New York Mercantile Exchange, natural gas futures for delivery in July traded at $4.756 per million
British thermal units during U.S. trading, down 0.14%. The commodity hit a session high of $4.791 and a low of $4.717. The July
contract settled up 5.63% on Thursday to end at $4.762 per million British thermal units.
• Base metals other than the tin price were back in positive territory in Friday's pre-market sessions, rebounding from the previous day's
lows. The copper price dived to a five-week low near $6,600 on Thursday, aluminium its weakest for a week and lead its softest for a
month. High-priced nickel and tin saw steeper corrections, falling to their lowest for two and three months respectively. The copper
price at $6,662 per tonne was up $42 on Thursday's close. The aluminium price at $1,850 was $5 higher - stocks fell 4,575 tonnes to
5,127,100 tonnes - and nickel climbed $88 to $18,088 although stocks rose 228 tonnes to 286,710 tonnes and cancelled warrants fell
720 tonnes to 114,270 tonnes. The lead price at $2,083 was up $8 following a 25-tonne stock drop to 191,250 tonnes and zinc at
$2,086 was $11 higher - stocks and cancelled warrants both fell 2,650 tonnes to 684,625 tonnes and 65,275 tonnes respectively. The
tin price was the exception, falling $50 to $22,520 after a 60-tonne stock increase to 10,900 tonnes.
5. YOUR MINTVISORY WWW.EPICRESEARCH.CO
CALL: +917316642300
EPIC DAILY TOP PICKS
16th
JUNE-2014
PLATINUM-COMEX DAILY CANDLESTICK CHART
TRADING STRATEGY :
PLATINUM-COMEX has closed @ 1431.75. If it breaks the level of 1427, it can touch the level of 1420 & 1408 respectively. If it sustain above the
level of 1453, it can touch the level of 1460, 1472 respectively.
SELL PLATINUM-COMEX BELOW 1427 TGTS 1420, 1408 SL 1437.
BUY PLATINUM-COMEX ABOVE 1453 TGTS 1460, 1472 SL 1443.
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