Daily commodity report 11 april-2014 by epic research

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Epic Research adopts multiple ways to analyse the markets and statistics to follow economic trends. Epic also provides daily market updates to help you make informed decisions, and will give you trading signals and advice to meet your individual trading needs.

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Daily commodity report 11 april-2014 by epic research

  1. 1. YOUR MINTVISORY Call us at +91-731-6642300 11th 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 11th APRIL 2014 COMMODITY CONTRACT OPEN PRICE HIGH LOW CLOSE PRICE %CHANGE OI (in lots) GOLD 05-JUN-14 28450 28814 28450 28781 +1.21 9346 SILVER 05-MAY-14 42817 43840 42817 43486 +1.82 13084 CRUDEOIL 21-APR-14 6235 6257 6210 6246 +0.16 9799 NATURALGAS 25-APR-14 276.7 284.1 272.6 283.4 +2.53 8364 COPPER 30-APR-14 403.7 406.9 403 406.45 +0.54 21064 LEAD 30-APR-14 125.75 127.9 125.6 127.75 +1.67 2961 NICKEL 30-APR-14 1010 1037.7 1010 1034.8 +2.64 9480 ZINC 30-APR-14 122.05 123.5 121.7 123.4 +1.31 1885 ALUMINIUM 30-APR-14 110.7 113 110.7 112.8 +1.85 3989 DAILY MARKET WRAPUP METAL TONNES IN STORAGE ALUMINIUM -3700 COPPER -750 LEAD UNCH NICKEL -1158 TIN 20 ZINC -3150 LME WAREHOUSE STOCKS (10-APRIL- 2014)
  3. 3. YOUR MINTVISORY Call us at +91-731-6642300 11th APRIL 2014 COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT CRUDE OIL (WTI) USD/BBL. 103.22 -0.38 -0.37% MAY 14 CRUDE OIL (BRENT) USD/BBL. 107.34 -0.12 -0.11% MAY 14 RBOB GASOLINE USD/GAL. 300.50 -0.34 -0.11% MAY 14 NYMEX NATURAL GAS USD/MMBTU 4.67 +0.01 +0.24% MAY 14 NYMEX HEATING OIL USD/GAL. 293.58 -1.82 -0.62% MAY 14 COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT COMEX GOLD USD/T OZ. 1,319.70 +13.80 +1.06% JUN 14 GOLD SPOT USD/T OZ. 1,319.73 +0.78 +0.06% N/A COMEX SILVER USD/T OZ. 20.01 +0.24 +1.21% MAY 14 COMEX COPPER USD/LB. 303.40 -0.30 -0.10% MAY 14 PLATINUM SPOT USD/T OZ. 1,457.13 +0.75 +0.05% N/A INTERNATIONAL MARKETS ENERGY COMMODITY FUTURES PRECIOUS AND INDUSTRY METALS
  4. 4. YOUR MINTVISORY Call us at +91-731-6642300 11th APRIL 2014 COMMODITY EXPIRY SUP.2 SUP.1 PIVOT RES.1 RES.2 ALUMINIUM 30-APR 109.87 111.33 112.17 113.63 114.47 COPPER 30-APR 401.55 404.00 405.45 407.90 409.35 CRUDEOIL 21-APR 6191 6218 6238 6265 6285 GOLD 5-JUN 28318 28549 28682 28913 29046 LEAD 30-APR 124.78 126.27 127.08 128.57 129.38 NATURALGAS 25-APR 268.53 275.97 280.03 287.47 291.53 NICKEL 30-APR 999.8 1017.3 1027.5 1045.0 1055.2 SILVER 5-MAY 42358 42922 43381 43945 44404 ZINC 30-APR 121.07 122.23 122.87 124.03 124.67 INTRADAY SUPPORT AND RESISTANCE
  5. 5. YOUR MINTVISORY Call us at +91-731-6642300 11th APRIL 2014 MOST ACTIVE CONTRACTS Symbol Expiry Date LTP Value (In Lacs) Volume (In Lots) SILVERMICRO 30-04-2014 43499.00 4,58,57,08,079.00 1,05,421 NATURAL GAS 25-04-2014 283.50 1,68,41,601.00 59,406 CRUDE OIL 21-04-2014 6245.00 31,17,56,645.00 49,921 SILVER M 30-04-2014 43494.00 2,05,91,79,936.00 47,344 NICKEL 30-04-2014 1035.00 3,47,72,895.00 33,597 COPPER 30-04-2014 406.40 1,13,43,030.40 27,911 SILVER 05-05-2014 43451.00 1,13,83,72,749.00 26,199 NICKELMINI 30-04-2014 1035.40 2,51,77,821.80 24,317 COPPERMINI 30-04-2014 406.30 88,63,840.80 21,816 LEADMINI 30-04-2014 127.80 20,56,557.60 16,092
  6. 6. YOUR MINTVISORY Call us at +91-731-6642300 11th APRIL 2014 TODAY,S COMMODITY NEWS COMMODITY HEADLINES Diamond trade looks towards Russia Silver up 2% on global cues Nickel up 1.2% on firm demand Iron ore exports from Paradip rises threefold in FY14 Iron ore export to spurt as Goa resumes mining Iron ore bear market deepens as Aussie mines expand Iron ore exports likely to double in FY15 Aluminium up 0.5% on firming overseas trend Jeera up 1.9% on spot demand Chana up 0.2% as demand picks up Sugar down 0.6% on profit-booking Oil prices rise as Ukraine fears resurface Cotton yarn exports face Chinese hurdle 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 11th APRIL 2014 SPECIAL NEWS The US Department of Labor reported that the advance figure for seasonally adjusted initial claims was 300,000 for the week ending April 5, 2014, a decrease of 32,000 from the previous week's revised level. The last time initial claims were this low was May 12, 2007 when they were 297,000. The previous week's level was revised up by 6,000 from 326,000 to 332,000. The 4-week moving average was 316,250, a decrease of 4,750 from the previous week's revised average. The previous week's average was revised up by 1,500 from 319,500 to 321,000. Agri commodity markets are benefiting from extension of fu- tures trading in the evening as it allows businesses and the value chain participants to better manage price risk due to fluctuations in the international market, according to a latest press release from the NCDEX. In the first week of evening trading, Soy oil, one of the most widely traded commodity, reflected higher co-relation in prices (NCDEX-CBOT) post 5 pm. The co-relation reached 95% on some evenings. More than 1000 companies and individual traders through about 300 broking houses participated in trading in the agri com- modities traded during the evening session. COMMODITY BUZZ MCX Gold futures witnessed a strong rally yesterday, extending the recent break as geopolitical worries and prospects of easy money conditions continuing in the US supported the sentiments. The yellow metal jumped back soon above $1300 an ounce after tumbling below $1280 an ounce last week amid growing expecta- tions that the Fed will raise interest rates sooner than expected. COMEX Gold quotes at $1323, up $17.10 per ounce on the day. MCX Gold futures are trading at Rs 28723, up Rs 306 per 10 grams on the day or 1%. The open interest has spurted by 6%. Oil prices looked away from the standoff in Ukraine on Thursday and fell on soft Chinese trade numbers and a weak U.S. supply re- port. On the New York Mercantile Exchange, West Texas Inter- mediate crude oil for delivery in May traded at $103.40 a barrel during U.S. trading, down 0.19%. New York-traded oil futures hit a session low of $103.12 a barrel and a high of $103.80 a barrel. MCX Copper futures were trading on a flat note yesterday. The global copper prices stayed on edge following tepid foreign trade data from China- the second largest economy in the world. China's March exports fall 6.6% vs. year earlier while the imports also dropped 11.3% vs. year earlier. COMMODITY BUZZ AND ECONOMIC EVENTS
  8. 8. YOUR MINTVISORY Call us at +91-731-6642300 11th APRIL 2014 EPIC RESEARCH– ANALYST SPEAKS SILVER SILVER MCX Short term trend is DOWN. Immediate support @ 43400. Immediate Resistance @ 43760. Yesterday SILVER MCX Closed @ 43486. Yesterday Intraday Range of SILVER MCX was 1023. Open Interest was -12.30 %, Volumes were 23660 lots. For today Keep a close eye on US data, volatility may Rule the overall Market due to USDINR Movements. BUY SILVER(MAY) ABOVE 43560 TGTS 43760/44060 SL 43200 SELL SILVER(MAY) BELOW 43200 TGTS 43000/42700 SL 43550
  9. 9. YOUR MINTVISORY Call us at +91-731-6642300 11th APRIL 2014 EPIC RESEARCH– ANALYST SPEAKS GOLD GOLD MCX Short term trend is down. Immediate support @ 28600. Immediate Resistance @ 28800. Today GOLD MCX Closed @ 27781. Yesterday Intraday Range of GOLD MCX was 334. Open Interest was UP+ 6.01 %, Volumes were 12450 lots. For today Keep a close eye on US data, volatility may Rule the overall Market due to USDINR Movements. BUY GOLD(JUN) ABOVE 28790 TGTS 28870/28970 SL 28680 SELL GOLD(JUN) BELOW 28600 TGTS 28520/28420 SL 28710
  10. 10. YOUR MINTVISORY Call us at +91-731-6642300 11th APRIL 2014 EPIC RESEARCH– ANALYST SPEAKS DHANIYA Dhaniya daily chart shows bullish trend. once again dhaniya fall form upper level. RSI is in mid range. expecting from here onwards profit booking will continue in upcoming trading session. Immediate support @ 9370 & Immediate resistance @ 9450. BUY DHANIYA APR ABOVE 9450 TGTS 9480,9530 SL 9400 SELL DHANIYA APR BELOW 9370 TGTS 9340,9290 SL 9420 RESISTANCE 1 9925 RESISTANCE 2 9665 PIVOT 9465 SUPPORT 1 9265 SUPPORT 2 9125
  11. 11. YOUR MINTVISORY Call us at +91-731-6642300 11th 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 @ 4510 & immediate resistance @ 4560. BUY GUARSEED APR ABOVE 4560 TGTS 4590,4640 SL 4510 SELL GUARSEED APR BELOW 4510 TGTS 4480,4430 SL 4560 RESISTANCE 1 4572 RESISTANCE 2 4548 PIVOT 4525 SUPPORT 1 4503 SUPPORT 2 4482
  12. 12. YOUR MINTVISORY Call us at +91-731-6642300 11th APRIL 2014 FRIDAY, APRIL 11 TIME COUNTRY EVENT ACTUAL FORECAST PREVIOUS 05:20 JPY MONETARY POLICY MEETING MINUTES 07:00 CNY CHINESE CPI (YOY) 2.4% 2.5% 2.0% 07:00 CNY CHINESE CPI (MOM) -0.5% -0.5% 0.5% 07:00 CNY CHINESE PPI (YOY) -2.3% -2.2% -2.0% TENTATIVE CNY CHINESE NEW LOANS 1,000B 645B 18:00 USD CORE PPI (MOM) 0.2% -0.2% 18:00 USD PPI (MOM) 0.1% -0.1% 19:25 USD MICHIGAN CONSUMER EXPECTATIONS 71.4 70.0 19:25 USD MICHIGAN CONSUMER SENTIMENT 81.0 80.0 TODAY’S ECONOMIC EVENTS
  13. 13. YOUR MINTVISORY Call us at +91-731-6642300 11th 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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