Daily commodity market report30 april-2014 by epic research

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Daily commodity market report30 april-2014 by epic research

  1. 1. YOUR MINTVISORY Call us at +91-731-6642300 30th APRIL 2014 DAILY COMMODITY REPORT Our Presence Epic Research India 411 Milinda Manor (Suites 409- 417) 2 RNT Marg. Opp Cental Mall Indore (M.P.) Hotline: +91 731 664 2300 Or give us a missed call at 026 5309 0639 HNI & NRI Sales Contact Australia Mintara Road, Tarneit, Victoria. Post Code 3029 Phone.: +61 422 063855 HNI & NRI Sales Contact USA 2117 Arbor Vista Dr. Charlotte (NC) Cell: +1 704 249 2315 Toll Free Number 1-800-200-9454 All queries should be directed to Info@epicresearch.co
  2. 2. YOUR MINTVISORY Call us at +91-731-6642300 30th APRIL 2014 COMMODITY CONTRACT OPEN PRICE HIGH LOW CLOSE PRICE %CHANGE OI (in lots) GOLD 05-JUN-14 28902 28902 28691 28750 -0.77% 10189 SILVER 05-MAY-14 42302 42349 41810 41962 -1.18% 10064 CRUDEOIL 19-MAY-14 6138 6184 6095 6104 -0.52% 7397 NATURALGAS 27-MAY-14 291.3 293.4 288.4 291.5 0.34% 9189 COPPER 30-APR-14 416.6 416.6 409.2 409.5 -1.54% 10837 LEAD 30-APR-14 126.9 127.35 125.55 125.85 -1.10% 1831 NICKEL 30-APR-14 1103.8 1107.9 1081.7 1093.6 -0.48% 4023 ZINC 30-APR-14 124.7 124.7 123 123.15 -1.32% 796 ALUMINIUM 30-APR-14 108.65 108.95 106.65 106.85 -1.79% 1308 DAILY MARKET WRAPUP METAL TONNES IN STORAGE ALUMINIUM 11900 COPPER -1925 LEAD UNCH NICKEL -582 TIN 535 ZINC -3200 LME WAREHOUSE STOCKS (29-APRIL- 2014)
  3. 3. YOUR MINTVISORY Call us at +91-731-6642300 30th APRIL 2014 COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT CRUDE OIL (WTI) USD/BBL. 100.47 -0.37 -0.37% JUN 14 CRUDE OIL (BRENT) USD/BBL. 108.75 -0.23 -0.21% JUN 14 RBOB GASOLINE USD/GAL. 305.60 -0.74 -0.24% MAY 14 NYMEX NATURAL GAS USD/MMBTU 4.83 0.00 0.00% JUN 14 NYMEX HEATING OIL USD/GAL. 296.59 -0.42 -0.14% MAY 14 COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT COMEX GOLD USD/T OZ. 1,294.00 -5.00 -0.38% JUN 14 GOLD SPOT USD/T OZ. 1,294.18 -1.74 -0.13% N/A COMEX SILVER USD/T OZ. 19.44 -0.10 -0.50% JUL 14 COMEX COPPER USD/LB. 307.45 -1.85 -0.60% JUL 14 PLATINUM SPOT USD/T OZ. 1,425.00 -3.50 -0.25% N/A INTERNATIONAL MARKETS ENERGY COMMODITY FUTURES PRECIOUS AND INDUSTRY METALS
  4. 4. YOUR MINTVISORY Call us at +91-731-6642300 30th APRIL 2014 COMMODITY EXPIRY SUP.3 SUP.2 SUP.1 PIVOT RES.1 ALUMINIUM 30-MAY 106.72 107.58 109.07 109.93 111.42 COPPER 30-JUN 410.17 411.83 414.77 416.43 419.37 CRUDEOIL 19-MAY 6039 6071 6128 6160 6217 GOLD 5-JUN 28570 28660 28781 28871 28992 LEAD 30-MAY 125.90 126.55 127.70 128.35 129.50 NATURALGAS 27-MAY 286.10 288.80 291.10 293.80 296.10 NICKEL 30-MAY 1074.8 1086.8 1099.4 1111.4 1124.0 SILVER 5-MAY 41501 41732 42040 42271 42579 ZINC 30-MAY 122.53 123.17 124.33 124.97 126.13 INTRADAY SUPPORT AND RESISTANCE
  5. 5. YOUR MINTVISORY Call us at +91-731-6642300 30th APRIL 2014 MOST ACTIVE CONTRACTS Symbol Expiry Date LTP Value (In Lacs) Volume (In Lots) CRUDE OIL 19-05-2014 6103.00 35,03,79,333.00 57,411 SILVERMICRO 30-04-2014 41969.00 2,12,40,09,121.00 50,609 NATURAL GAS 27-05-2014 291.10 1,20,53,286.60 41,406 NICKEL 30-04-2014 1093.30 4,04,96,925.30 37,041 SILVER M 30-04-2014 41963.00 1,08,02,11,546.00 25,742 COPPER 30-04-2014 409.50 1,01,43,315.00 24,770 NICKELMINI 30-04-2014 1093.10 2,66,09,333.30 24,343 SILVER 05-05-2014 41965.00 76,71,20,200.00 18,280 COPPERMINI 30-04-2014 409.45 61,88,836.75 15,115 GOLD 05-06-2014 28748.00 43,42,38,540.00 15,105
  6. 6. YOUR MINTVISORY Call us at +91-731-6642300 30th APRIL 2014 TODAY,S COMMODITY NEWS COMMODITY HEADLINES How Surat's diamond co-op model lost its shine Gems & jewellery exports decline by 11% in 2013-14 Gold ends lower on weak global cues; silver strengthens Lead down 0.5% on weak demand Copper down 0.5% on profit-booking Apex court reserves order on Odisha mining licences Steel imports remain a cause for concern Soya beans fail to bounce as crushing sinks to 4-year low North increases area under kinnow as South set to peel it Barley down 1.5% on profit-booking Jeera remains weak on increased supply, low demand Oil prices fall after Russia downgrade
  7. 7. YOUR MINTVISORY Call us at +91-731-6642300 30th APRIL 2014 SPECIAL NEWS Japanese industrial production rose 0.3% on month in March, the government said Wednesday, as firms mod- erated output ahead of an expected drop in demand after an April sales tax increase.It came after a 2.3% fall in February, data from the Ministry of Economy, Trade and Industry showed, when heavy snow weakened output. Weak demand for Japanese goods overseas has also kept firms from ramping up output. Exports fell 3.3% on month in March after adjustment for seasonal factors, ac- cording to data from the Bank of Japan. . German consumer prices are expected to rise by 1.3% in April 2014 compared with April 2013, as per the release from the Federal Statistical Office Inflation surged 1% during the March 2014. On a month wise, the consumer prices are expected to decline by 0.2% on March 2014. The harmonized CPI for Germany, which is calculated for European purposes, is expected to increase by 1.1% in April 2014 on April 2013. Compared with March 2014, it is expected to be down 0.3%. The final results for April 2014 will be released on 14 May 2014. COMMODITY BUZZ The prices of Copper declined for the second straight day, as supplies from key levels never led prices move higher. The consolidation phase for Copper is looking more and more on the cards now after the price moves on Tuesday. The wor- ries of World markets turning into production surplus after four consecutive years of deficits is also making markets nervous. MCX Copper traded at Rs 416.1 per kg. The prices have tested a low of Rs 415.5 per kg after testing a high of Rs 417.7 per kg in the early part of the day. Aluminium also contracted by 1.06% to Rs 107.7 per kg. Lead prices softened by 0.59%t to Rs 126.35 per kg in fu- tures trading yesterday as speculators reduced positions on the back of weak demand from battery-makers in the spot market. At the Multi Commodity Exchange, lead for deliv- ery in April declined by 75 paise, or 0.59%t, to Rs 126.35 per kg in a business turnover of 3,651 lots. Gold extended losses from the previous session, while inves- tors shifted their focus on to the Federal Reserve's upcoming policy meeting, due to begin later in the day. COMMODITY BUZZ AND ECONOMIC EVENTS
  8. 8. YOUR MINTVISORY Call us at +91-731-6642300 30th APRIL 2014 EPIC RESEARCH– ANALYST SPEAKS SILVER SILVER MCX Short term trend is DOWN. Immediate support @ 41700. Immediate Resistace @ 42900. Yestreday SILVER MCX Closed @ 41962 . Yesterday Intraday Range of SILVER MCX was 539 .Open Interest was DOWN -2.63 %, Volumes were 17090 lots. For today Keep a close eye on US data, volatility may Rule the overall Market due to USDINR Movements. BUY SILVER(MAY) ABOVE 42200 TGTS 42500/42800 SL 41900 SELL SILVER(MAY) BELOW 41700 TGTS 41500/41200 SL 42000
  9. 9. YOUR MINTVISORY Call us at +91-731-6642300 30th APRIL 2014 EPIC RESEARCH– ANALYST SPEAKS GOLD GOLD MCX Short term trend is DOWN. Immediate support @ 28700. Immediate Resistance @ 29100. Yesterday GOLD MCX Closed @ 28750. Yesterday Intraday Range of GOLD MCX was 211. Open Interest was UP + 4.20 %, Volumes were 13945 lots. For today Keep a close eye on US data, volatility may Rule the overall Market due to USDINR Movements. BUY GOLD(JUN) ABOVE 28850 TGTS 28930/29030 SL 28730 SELL GOLD(JUN) BELOW 28690 TGTS 28610/28510 SL 28800
  10. 10. YOUR MINTVISORY Call us at +91-731-6642300 30th APRIL 2014 EPIC RESEARCH– ANALYST SPEAKS DHANIYA Dhaniya daily chart, price is in support level, we will waiting for the closing of next trading session where it will give however trend is bullish. momentum indicator RSI is below mid range Immediate support @ 9475 & Immediate resistance @ 9400. BUY DHANIYA ABOVE 9475 TGTS 9505,9555 SL 9425 SELL DHANIYA BELOW 9400 TGTS 9370,9320 SL 9450 RESISTANCE 2 9551 RESISTANCE 1 9496 PIVOT 9420 SUPPORT 1 9359 SUPPORT 2 9277
  11. 11. YOUR MINTVISORY Call us at +91-731-6642300 30th APRIL 2014 EPIC RESEARCH– ANALYST SPEAKS GUARSEED Guarseed May daily chart breaks consolidation in upper side. expecting from here onwards Guarseed price may go up Momentum indicators RSI is in overbought zone signs bullishness. In intraday basis immediate support @ 5640 & immediate resistance @ 5500. BUY GUARSEED ABOVE 5640 TGTS 5670,5720 SL 5590 SELL GUARSEED BELOW 5500 TGTS 5470,5420 SL 5550 RESISTANCE 2 5817 RESISTANCE 1 5678 PIVOT 5500 SUPPORT 1 5358 SUPPORT 2 5177
  12. 12. YOUR MINTVISORY Call us at +91-731-6642300 30th APRIL 2014 WEDNESDAY, APRIL 30 TIME COUNTRY EVENT ACTUAL FORECAST PREVIOUS 01:00 CAD BOC GOV POLOZ SPEAKS 04:15 NZD BUILDING CONSENTS (MOM) 8.3% 2.0% -1.7% 05:20 JPY INDUSTRIAL PRODUCTION (MOM) 0.3% 0.5% -2.3% 06:30 NZD ANZ BUSINESS CONFIDENCE 64.8% 67.3% 07:00 AUD PRIVATE SECTOR CREDIT (MOM) 0.4% 0.4% 0.4% 11:30 EUR GERMAN RETAIL SALES (MOM) -0.7% 1.3% 12:15 EUR FRENCH CONSUMER SPENDING (MOM) 0.3% 0.1% TENTATIVE JPY BOJ PRESS CONFERENCE 12:30 EUR SPANISH GDP (QOQ) 0.4% 0.2% 12:30 EUR SPANISH HICP (YOY) 0.3% -0.2% 12:30 CHF KOF LEADING INDICATORS 106.80 106.10 TODAY’S ECONOMIC EVENTS
  13. 13. YOUR MINTVISORY Call us at +91-731-6642300 30th APRIL 2014 WEDNESDAY, APRIL 30 TIME COUNTRY EVENT ACTUAL FORECAST PREVIOUS 13:25 EUR GERMAN UNEMPLOYMENT CHANGE -10K -12K 13:25 EUR GERMAN UNEMPLOYMENT RATE 6.7% 6.7% 14:30 EUR CORE CPI (YOY) 1.0% 0.7% 14:30 EUR CPI (YOY) 0.8% 0.5% 17:45 USD ADP NONFARM EMPLOYMENT CHANGE 210K 191K 18:00 CAD GDP (MOM) 0.2% 0.5% 18:00 CAD GDP ANNUALIZED (QOQ) 2.5% 2.9% 18:00 CAD RMPI (MOM) 1.2% 5.7% 18:00 USD EMPLOYMENT COST INDEX (QOQ) 0.5% 0.5% 18:00 USD GDP (QOQ) 1.2% 2.6% 18:00 USD GDP PRICE INDEX (QOQ) 1.6% 1.6% 19:15 USD CHICAGO PMI 56.7 55.9 23:30 USD FOMC STATEMENT 23:30 USD INTEREST RATE DECISION 0.25% 0.25% TODAY’S ECONOMIC EVENTS
  14. 14. YOUR MINTVISORY Call us at +91-731-6642300 30th APRIL 2014 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 re- sponsibility (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 es- timates 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 ex- pressed 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. DISCLAIMER

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