Daily commodity report 06 jun 2014 by epic research

YOUR MINTVISORY Call us at +91-731-6642300
6th Jun 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
Print to PDF without this message by purchasing novaPDF (http://www.novapdf.com/)

6th Jun 2014
COMMODITY CONTRACT OPEN PRICE HIGH LOW CLOSE PRICE OI (in lots)
GOLD 5-Aug-14 25840 25999 25760 25975 8860
SILVER 5-Jul-14 39830 40470 39615 40282 10907
COPPER 30-Jun-14 406.3 408.2 403.25 404.6 21741
CRUDEOIL 19-Jun-14 6094 6094 6013 6061 8152
LEAD 30-Jun-14 124.4 124.9 123.7 124 3205
NICKEL 30-Jun-14 1139 1139 1120.1 1123.8 5851
NATURALGAS 25-Jun-14 276.6 279.4 272.2 278.5 9064
ZINC 30-Jun-14 123.65 124 123.1 123.55 1955
ALUMINIUM 30-Jun-14 108.25 109.7 107.85 108.85 3913
DAILY MARKET WRAPUP
METAL TONNES IN STORAGE
ALUMINIUM -5125
COPPER -550
LEAD -50
NICKEL 564
ZINC -3050
LME WAREHOUSE STOCKS ( 05-Jun- 2014)

6th Jun 2014
COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT
CRUDE OIL (WTI) USD/bbl. 102.48 0.00 0.00% Jul 14
CRUDE OIL (BRENT) USD/bbl. 108.87 +0.08 +0.07% Jul 14
RBOB GASOLINE USd/gal. 296.00 +0.37 +0.13% Jul 14
NYMEX NATURAL GAS USD/MMBtu 4.72 +0.02 +0.38% Jul 14
NYMEX HEATING OIL USd/gal. 288.50 +0.53 +0.18% Jul 14
COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT
COMEX GOLD USD/t oz. 1,253.90 +0.60 +0.05% Aug 14
GOLD SPOT USD/t oz. 1,254.02 +0.39 +0.03% N/A
COMEX SILVER USD/t oz. 19.06 +0.27 +1.43% Jul 14
COMEX COPPER USd/lb. 308.15 -1.15 -0.37% Jul 14
PLATINUM SPOT USD/t oz. 1,443.00 -2.13 -0.15% N/A
INTERNATIONAL MARKETS
ENERGY COMMODITY FUTURES
PRECIOUS AND INDUSTRY METALS

6th Jun 2014
MOST ACTIVE CONTRACTS
Symbol Expiry Date LTP Value (In Lacs) Volume (In Lots)
SILVERMICRO 30-06-2014 40315.00 2,62,92,23,355.00 65,217
CRUDE OIL 19-06-2014 6063.00 35,14,17,543.00 57,961
NATURAL GAS 25-06-2014 277.90 1,41,59,005.00 50,950
SILVER M 30-06-2014 40311.00 1,46,68,76,979.00 36,389
COPPER 30-06-2014 404.35 1,27,06,294.40 31,424
COPPERMINI 30-06-2014 404.45 93,28,639.25 23,065
NICKEL 30-06-2014 1123.00 2,55,87,555.00 22,785
SILVER 05-07-2014 40290.00 87,06,26,610.00 21,609
NICKELMINI 30-06-2014 1122.60 1,75,63,077.00 15,645
ALUMINI 30-06-2014 108.80 16,99,129.60 15,617

6th Jun 2014
COMMODITY EXPIRY SUP.2 SUP.1 PIVOT RES.1 RES.2
ALUMINIUM 30-Jun 106.95 107.90 108.80 109.75 110.65
COPPER 30-Jun 400.40 402.50 405.35 407.45 410.30
CRUDEOIL 19-Jun 5975 6018 6056 6099 6137
GOLD 5-Aug 25672 25824 25911 26063 26150
LEAD 30-Jun 123.00 123.50 124.20 124.70 125.40
NATURALGAS 25-Jun 269.50 274.00 276.70 281.20 283.90
NICKEL 30-Jun 1108.7 1116.3 1127.6 1135.2 1146.5
SILVER 5-Jul 39267 39775 40122 40630 40977
ZINC 30-Jun 122.65 123.10 123.55 124.00 124.45
INTRADAY SUPPORT AND RESISTANCE

6th Jun 2014
TODAY,S COMMODITY NEWS
COMMODITY HEADLINES
 Gold prices southward bound.
 Gold movement to track rupee closely next week.
 Aluminium down 0.2% on global cues.
 Zinc down 0.2% on subdued spot demand.
 Crude prices mixed in Asia.
 Crude prices up after escalation in Ukraine crisis.
 Oil prices up with Ukraine crisis in focus.
 Crude prices up after escalation in Ukraine crisis.

6th Jun 2014
SPECIAL NEWS
 The advance figure for seasonally adjusted initial claims was
3,12,000 forthe week ending May 31, an increase of 8,000 from
the previous week's revised level. The four week moving aver-
age was 3,10,250, a decrease of 2,250 from the previous week' s
revised average. The advance number for seasonally adjusted
insured unemployment during the week ending May 24 was
2,603,000, a decrease of20,000 from the previous week's revised
level. The 4 week moving average was2,635,000, a decrease of
18,250 from the previous week's revised average. .
 The interest rate on the main refinancing operations of the Euro
system will be decreased by 10 basis points to 0.15%, starting
from the operation to be settled on 11 June 2014. .
 The Bank of England's monetary policy committee at its meet-
ing today voted to maintain bank rate at 0.5%. The committee
also voted to maintain the stock of purchased assets financed by
the issuance of central bank reserves at £375 billion.
COMMODITY BUZZ
 MCX Gold futures are trading marginally lower amid dull
moves in the global markets. COMEX Gold futures are trading
flat in the electronic session today ahead of the European Cen-
tral Bank's board meeting on monetary policy. Markets were
also eyeing Friday's US nonfarm payrolls to gauge the strength
of the economy. Gold for August delivery is trading at $1,246
per ounce, up $2 per ounce on the Comex division of the New
York Mercantile exchange. MCX Gold trades at Rs 25850 per
10 grams, down Rs 7 per 10 grams on the day with 5% in-
crease in the open interest.
 The American Petroleum Institute late Tuesday reported that
crude supplies fell 1.4 million barrels for the week ended May
30, according to sources. Analysts surveyed by Platts had fore-
cast a decline of 2 million barrels .
COMMODITY BUZZ AND ECONOMIC EVENTS

6th Jun 2014
EPIC RESEARCH– ANALYST SPEAKS
GOLD
major movement in GOLD MCX on Thursday. Short term trend is up, GOLD MCX CLOSED @ 25975.YESTERDAY Gold Recover
from bottom @ 25760 , may go upside till 25975.for keep a close eye on US data, Volatility may Rule the overall market due to
USD/INR MOVEMENTS .
BUY GOLD ABOVE 26020 TGT 26100,26200 SL BELOW 25920
SELL GOLD BELOW 25870 TGT 25790,25690 SL ABOVE 25980

6th Jun 2014
EPIC RESEARCH– ANALYST SPEAKS
SILVER
major movement in SILVER MCX on Monday. Short term trend is up, SILVER MCX CLOSED @ 40282.YESTERDAY Silver Re-
cover from bottom @ 39615 , may go upside till 40470.for keep a close eye on US data, Volatility may Rule the overall market due
to USD/INR MOVEMENTS .
BUY SILVER ABOVE 40300 TGT 40500,40800 SL BELOW 40000
SELL SILVER BELOW 39900 TGT 39700,39400 SL ABOVE 40200

6th Jun 2014
FRIDAY, JUN 06
TIME COUNTRY EVENT ACTUAL FORECAST PREVIOUS
All Day Holiday SOUTH KOREA - MEMORIAL DAY - - -
18:00 CAD EMPLOYMENT CHANGE - 25.0K -28.9K
18:00 USD NONFARM PAYROLLS - 218K 288K
18:00 USD UNEMPLOYMENT RATE - 6.4% 6.3%
TODAY’S ECONOMIC EVENTS

6th Jun 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

Daily commodity report 06 jun 2014 by epic research

Recommended

Recommended

More Related Content

Recently uploaded

Recently uploaded (20)

Featured

Featured (20)

Daily commodity report 06 jun 2014 by epic research