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Daily commodity report -10-april- 2014 by epic research

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Daily commodity report -10-april- 2014 by epic research

  1. 1. YOUR MINTVISORY Call us at +91-731-6642300 10th 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 10th APRIL 2014 COMMODITY CONTRACT OPEN PRICE HIGH LOW CLOSE PRICE %CHANGE OI (in lots) GOLD 05-JUN-14 28475 28559 28353 28417 -0.23% 9187 SILVER 05-MAY-14 43201 43281 42301 42675 -1.20% 15664 CRUDEOIL 21-APR-14 6157 6242 6143 6235 +1.17% 9593 NATURALGAS 25-APR-14 274 277.1 271.7 276.5 +1.06% 8369 COPPER 30-APR-14 406.4 406.95 401.3 404.2 -0.70% 21768 LEAD 30-APR-14 124.85 126.25 124.7 125.75 +0.76% 2966 NICKEL 30-APR-14 991.2 1009.3 987.4 1008.4 +1.85% 8347 ZINC 30-APR-14 121.9 122.7 121.65 121.75 -0.25% 1787 ALUMINIUM 30-APR-14 108.7 110.9 108.35 110.8 +2.03% 3537 DAILY MARKET WRAPUP METAL TONNES IN STORAGE ALUMINIUM -1475 COPPER -1825 LEAD UNCH NICKEL -1596 TIN UNCH ZINC -3275 LME WAREHOUSE STOCKS (09-APRIL- 2014)
  3. 3. YOUR MINTVISORY Call us at +91-731-6642300 10th APRIL 2014 COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT CRUDE OIL (WTI) USD/BBL. 103.20 -0.40 -0.39% MAY 14 CRUDE OIL (BRENT) USD/BBL. 107.49 -0.49 -0.45% MAY 14 RBOB GASOLINE USD/GAL. 299.08 +1.07 +0.36% MAY 14 NYMEX NATURAL GAS USD/MMBTU 4.57 -0.02 -0.35% MAY 14 NYMEX HEATING OIL USD/GAL. 294.43 -0.97 -0.33% MAY 14 COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT COMEX GOLD USD/T OZ. 1,315.40 +6.30 +0.48% JUN 14 GOLD SPOT USD/T OZ. 1,315.47 +3.67 +0.28% N/A COMEX SILVER USD/T OZ. 19.99 -0.07 -0.33% MAY 14 COMEX COPPER USD/LB. 303.45 -1.65 -0.54% MAY 14 PLATINUM SPOT USD/T OZ. 1,446.88 +4.13 +0.29% N/A INTERNATIONAL MARKETS ENERGY COMMODITY FUTURES PRECIOUS AND INDUSTRY METALS
  4. 4. YOUR MINTVISORY Call us at +91-731-6642300 10th APRIL 2014 COMMODITY EXPIRY SUP.2 SUP.1 PIVOT RES.1 RES.2 ALUMINIUM 30-APR 107.47 109.13 110.02 111.68 112.57 COPPER 30-APR 398.50 401.35 404.15 407.00 409.80 CRUDEOIL 21-APR 6108 6171 6207 6270 6306 GOLD 5-JUN 28237 28327 28443 28533 28649 LEAD 30-APR 124.02 124.88 125.57 126.43 127.12 NATURALGAS 25-APR 269.70 273.10 275.10 278.50 280.50 NICKEL 30-APR 979.8 994.1 1001.7 1016.0 1023.6 SILVER 5-MAY 41772 42224 42752 43204 43732 ZINC 30-APR 120.98 121.37 122.03 122.42 123.08 INTRADAY SUPPORT AND RESISTANCE
  5. 5. YOUR MINTVISORY Call us at +91-731-6642300 10th APRIL 2014 MOST ACTIVE CONTRACTS Symbol Expiry Date LTP Value (In Lacs) Volume (In Lots) SILVERMICRO 30-04-2014 42697.00 3,15,12,94,782.00 73,806 CRUDE OIL 21-04-2014 6234.00 37,39,15,320.00 59,980 NATURAL GAS 25-04-2014 276.50 1,20,27,750.00 43,500 SILVER M 30-04-2014 42700.00 1,56,84,99,100.00 36,733 COPPER 30-04-2014 403.90 1,28,49,674.60 31,814 COPPERMINI 30-04-2014 403.90 1,06,56,497.60 26,384 NICKEL 30-04-2014 1008.60 2,54,85,304.80 25,268 NICKELMINI 30-04-2014 1008.70 2,01,19,530.20 19,946 SILVER 05-05-2014 42680.00 84,62,59,040.00 19,828 LEADMINI 30-04-2014 125.75 18,40,477.00 14,636
  6. 6. YOUR MINTVISORY Call us at +91-731-6642300 10th APRIL 2014 TODAY,S COMMODITY NEWS COMMODITY HEADLINES Iron ore exports from Paradip rises threefold in FY14. Gold imports may hit 10-month high in March. RBI relaxes rough diamond import norms. Steel imports dip 31% in FY14. Aluminium up marginally on firm trend abroad. Lead up 0.2% on spot demand, global cues. Nickel up 0.2% on global cues. Evening trade faces opposition. Record rise in seafood export, 1-mt mark crossed. West Bengal's costly shrimp farming boom. Edible oil processors urge FMC to withdraw time extension in agri commodities. Oil prices mixed on growing Ukraine fears. Oil prices ease in Asian trade. Differences abound over iron ore e-auctions in Karnataka. Philippines in dialogue with India on rubber.
  7. 7. YOUR MINTVISORY Call us at +91-731-6642300 10th APRIL 2014 SPECIAL NEWS UK's office for National Statistics reported that UK's deficit of trade in goods and services for February 2014 was £2.1 bil- lion, compared with a deficit of £2.2 billion in the previous month. The deficit on trade in goods was £9.1 billion in Feb- ruary 2014; the trade position reflects exports minus imports. Exports of goods decreased by 1.6% between January and February 2014 to £23.5 billion. Imports for the same period decreased by 2.2%to £32.6 billion; roughly three-quarters of this movement is attributed to afall in the import of erratic. UK's exports of goods continued to drop in Feb to the lowest level in more than three years. The Office for National Statis- tics said Wednesday that the value of goods exported to the rest of the world fell 1.6% in February from the prior month, to 23.5 billion pounds, the lowest figure since November 2010. A three-month average figure that strips out month-to- month volatility in exports was also the lowest since January 2011. February's weakness was driven by poorer sales to other countries in the European Union, the UK's biggest trade partner. COMMODITY BUZZ Copper was showing contrary moves in the evening session trades on MCX. The prices of most of the other metals are rising sharply barring Copper that is sulking on account of expected defaults in China. MCX Copper for April expiry was last checked at Rs 404.9 per kg, down 0.44%, even as the counterparts like Aluminium is up by 0.2% to Rs 108.8 per kg. Lead was the strongest among all and was marking gains of close to 1% at Rs 125.75 per kg. MCX Crude oil futures jumped following the gains in the global prices yesterday. The local futures topped above Rs 6200 per barrel in intraday trades amid frenzied buying as global prices extended their upturn following the escalating Ukraine conflict and bullish estimates for the WTI Crude oil from the Energy Information Ad- ministration. The WTI Crude quotes at $102.63, up 0.07 cents af- ter briefly hitting highs near $103 per barrel. MCX Gold futures dropped in tune with the global prices as the traders eyed weakness in the global prices. The commodity has edged up in the current week following a sharp upturn on Friday. However, the prices failed to hold on near two-week highs and eased towards $1300 per ounce yesterday. COMMODITY BUZZ AND ECONOMIC EVENTS
  8. 8. YOUR MINTVISORY Call us at +91-731-6642300 10th APRIL 2014 EPIC RESEARCH– ANALYST SPEAKS SILVER SILVER MCX Short term trend is DOWN. Immediate support @ 42500. Immediate Resistance @ 42850. Yesterday SILVER MCX Closed @ 42675. Yesterday Intraday Range of SILVER MCX was 980. Open Interest was UP +16.30 %, Volumes were 18801 lots. For today Keep a close eye on US data, volatility may Rule the overall Market due to USDINR Movements. BUY SILVER(MAY) ABOVE 42850 TGTS 43050/43400 SL 42500 SELL SILVER(MAY) BELOW 42500 TGTS 42300/42000 SL 42830
  9. 9. YOUR MINTVISORY Call us at +91-731-6642300 10th APRIL 2014 EPIC RESEARCH– ANALYST SPEAKS GOLD GOLD MCX Short term trend is down. Immediate support @ 28350. Immediate Resistance @ 28600. Today GOLD MCX Closed @ 28417. Yesterday Intraday Range of GOLD MCX was 209. Open Interest was UP+ 5.77 %, Volumes were 18787 lots. For today Keep a close eye on US data, volatility may Rule the overall Market due to USDINR Movements. BUY GOLD(JUN) ABOVE 28600 TGTS 28680/28780 SL 28480 SELL GOLD(JUN) BELOW 28350 TGTS 28270/28170 SL 28470
  10. 10. YOUR MINTVISORY Call us at +91-731-6642300 10th APRIL 2014 EPIC RESEARCH– ANALYST SPEAKS DHANIYA Dhaniya daily chart shows bullish trend. from the nearest support level expecting bounce back will come & continue its rally RSI is above mid range signs bullishness. Immediate support @ 9635 & Immediate resistance @ 9710. BUY DHANIYA APR ABOVE 9710 TGTS 9740,9790 SL 9660 SELL DHANIYA APR BELOW 9635 TGTS 9605,9555 SL 9695 RESISTANCE 1 9787 RESISTANCE 2 9895 PIVOT 9725 SUPPORT 1 9545 SUPPORT 2 9411
  11. 11. YOUR MINTVISORY Call us at +91-731-6642300 10th APRIL 2014 EPIC RESEARCH– ANALYST SPEAKS GUARSEED Guarseed April short term trend looking sideways to bearish in daily chart. Expecting from here onwards guarseed may go down Momentum indicators RSI is below mid range, signs bearishness. In intraday basis immediate support @ 4480 & immediate resis- tance @ 4630. BUY GUARSEED APR ABOVE 4630 TGTS 4660,4710 SL 4580 SELL GUARSEED APR BELOW 4480 TGTS 4450,4400 SL 4530 RESISTANCE 1 4580 RESISTANCE 2 4680 PIVOT 4550 SUPPORT 1 4430 SUPPORT 2 4380
  12. 12. YOUR MINTVISORY Call us at +91-731-6642300 10th APRIL 2014 THURSDAY, APRIL 10 TIME COUNTRY EVENT ACTUAL FORECAST PREVIOUS 04:00 NZD BUSINESS NZ PMI 58.4 56.5 04:30 USD FOMC MEMBER TARULLO SPEAKS 04:31 GBP RICS HOUSE PRICE BALANCE 57% 44% 45% 07:00 AUD EMPLOYMENT CHANGE 18.1K 5.0K 48.2K 07:00 AUD FULL EMPLOYMENT CHANGE -22.1K 80.0K 07:00 AUD UNEMPLOYMENT RATE 5.8% 6.0% 6.1% 07:30 CNY CHINESE EXPORTS (YOY) -6.6% 4.0% -18.1% 07:30 CNY CHINESE IMPORTS (YOY) -11.3% 2.4% 10.1% 07:30 CNY CHINESE TRADE BALANCE 7.71B 0.90B -22.98B TENTATIVE CNY CHINESE NEW LOANS 1,000B 645B 13:30 EUR ECB MONTHLY REPORT 16:30 GBP BOE QE TOTAL 375B 375B 16:30 GBP INTEREST RATE DECISION 0.50% 0.50% 18:00 CAD NEW HOUSING PRICE INDEX (MOM) 0.2% 0.3% 18:00 USD IMPORT PRICE INDEX (MOM) 0.2% 0.9% 18:00 USD INITIAL JOBLESS CLAIMS 320K 326K 23:30 USD FEDERAL BUDGET BALANCE -78.0B -193.5B TODAY’S ECONOMIC EVENTS
  13. 13. YOUR MINTVISORY Call us at +91-731-6642300 10th 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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