4. INTERNATIONAL COMMODITY NEWS
05th MARCH-2014
•
Gold prices eased slightly in Asia on Wednesday as tension between Russia and the Ukraine appeared to have
tamped down further. On the Comex division of the New York Mercantile Exchange, gold futures for April delivery
traded at $1,333.50, down 0.33% a troy ounce. Overnight the contract hit a session low of $1,331.50 and a high of
$1,352.80.
•
silver for May delivery was down 0.19% and trading at US$21.182 a troy ounce, while copper futures for May
delivery were flat at US$3.211 a pound.
•
Crude oil prices gained marginally in Asia on Wednesday on continued demand-led support, though easing
tensions between Russia and the Ukraine capped gains along with higher stocks in the United States. The
American Petroleum Institute, an industry trade group, said overnight that crude stocks increased 1.2 million
barrels nationally last week, though they declined 2.6 million barrels at the delivery point for the benchmark U.S.
contract in Cushing, Oklahoma. The U.S. Department of Energy will provide its own estimate of crude stocks later
Wednesday. On the New York Mercantile Exchange, West Texas Intermediate crude for delivery in April traded at
US$103.38 a barrel, or up 0.04%, after hitting an overnight session low of $102.89 a barrel and a high of $104.95 a
barrel. The global Brent contract overnight fell $1.90, or 1.7%, to $109.30 on the ICE Futures Exchange.
•
Natural gas futures posted strong gains through they remained range bound on Tuesday on hopes harsh winter
weather in the U.S. last week took its toll on the country's inventories. On the New York Mercantile Exchange,
natural gas futures for delivery in April traded at $4.607 per million British thermal units during U.S. trading, up
2.55%. The commodity hit session high of $4.647 and a low of $4.493. The April contract settled down 2.54% on
Monday to end at $4.492 per million British thermal units.
YOUR MINTVISORY
WWW.EPICRESEARCH.CO
CALL: +917316642300
5. EPIC DAILY TOP PICKS
05th MARCH-2014
SILVER-COMEX DAILY CANDLESTICK CHART
TRADING STRATEGY :
SILVER-COMEX has closed @ 21.16. If it breaks the level of 21.07, it can touch the level of 20.95 & 20.81 respectively. If it sustain above the level of
21.50, it can touch the level of 21.64 & 21.80 respectively.
SELL SILVER-COMEX BELOW 21.07 TGTS 20.95, 20.81 SL 21.28.
BUY SILVER-COMEX ABOVE 21.50 TGTS 21.64, 21.80 SL 21.29.
YOUR MINTVISORY
WWW.EPICRESEARCH.CO
CALL: +917316642300
7. 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.
Research Analyst : Nilesh Jain
YOUR MINTVISORY
WWW.EPICRESEARCH.CO
CALL: +917316642300