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DAILY COMMODITY REPORT
16 JANUARY 2014

Our Presence
Epic Research India

Toll Free Number

Mintara Road, Tarneit, Victoria. Post Code 3029

1-800-200-9454

Phone.: +61 422 063855

411 Milinda Manor (Suites 409- 417)

HNI & NRI Sales Contact Australia

All queries should be directed to

2 RNT Marg. Opp Cental Mall
Indore (M.P.)

Info@epicresearch.co

Hotline: +91 731 664 2300
Alternate: +91 731 664 2320
Or give us a missed call at
026 5309 0639
YOUR MINTVISORY

HNI & NRI Sales Contact USA
2117 Arbor Vista Dr. Charlotte (NC)
Cell: +1 704 249 2315

Call us at +91-731-6642300
DAILY MARKET WRAPUP
16 JANUARY 2014
COMMODITY

CONTRACT

OPEN PRICE

HIGH

LOW

CLOSE PRICE

%CHANGE

OI (in lots)

GOLD

05 FEB 2014

29023.00

29074.00

28865.00

29096.00

-0.33

8,678

SILVER

05 MAR 2014

44666.00

44889.00

44314.00

44785.00

-0.34

10,120

CRUDE

20 JAN 2014

5710.00

5824.00

5688.00

5701.00

2.05

11,993

NATURAL GAS

28 JAN 2014

298.10

273.00

267.80

268.50

1.23

14,848

COPPER

28 FEB 2014

454.90

460.25

452.30

455.55

0.90

12,625

NICKEL

31 JAN 2014

879.70

898.00

873.90

882.00

1.27

6,882

LEAD

31 JAN 2014

133.70

136.20

132.15

133.85

1.27

3,527

ZINC

31 JAN 2014

127.10

128.90

126.20

127.60

0.67

3,110

ALUMINIUM

31 JAN 2014

106.40

108.35

106.05

106.50

1.17

3,314

LME WAREHOUSE STOCKS (16– JAN- 2014)
METAL

ALUMINIUM

-7800

COPPER

-1525

LEAD

-500

NICKEL

528

ZINC
YOUR MINTVISORY

TONNES IN STORAGE

-4425
Call us at +91-731-6642300
INTERNATIONAL MARKETS
16th JANUARY 2014

PRECIOUS AND INDUSTRY METALS
COMMODITY

UNITS

PRICE

CHANGE

% CHANGE

CONTRACT

COMEX GOLD

USD/T OZ.

1,239.50

+1.20

+0.10%

FEB 14

GOLD SPOT

USD/T OZ.

1,240.05

-1.83

-0.15%

N/A

COMEX SILVER

USD/T OZ.

20.15

+0.01

+0.05%

MAR 14

COMEX COPPER

USD/LB.

335.65

-0.15

-0.04%

MAR 14

PLATINUM SPOT

USD/T OZ.

1,427.39

-1.97

-0.16%

N/A

ENERGY COMMODITY FUTURES
COMMODITY

UNITS

PRICE

CHANGE

% CHANGE

CONTRACT

CRUDE OIL (WTI)

USD/BBL.

94.20

+0.03

+0.03%

FEB 14

CRUDE OIL (BRENT)

USD/BBL.

107.13

+0.74

+0.70%

FEB 14

RBOB GASOLINE

USD/GAL.

262.10

-0.14

-0.05%

FEB 14

NYMEX NATURAL GAS

USD/MMBTU

4.33

+0.01

+0.21%

FEB 14

NYMEX HEATING OIL

USD/GAL.

297.81

-0.15

-0.05%

FEB 14

YOUR MINTVISORY

Call us at +91-731-6642300
INTRADAY SUPPORT AND RESISTANCE
16th JANUARY 2014

COMMODITY

EXPIRY

SUP.3

SUP.2

SUP.1

PIVOT

RES.1

ALUMINIUM

31-JAN

105.10

106.45

107.40

108.75

109.70

COPPER

28-FEB

449.52

454.68

457.47

462.63

465.42

CRUDEOIL

20-JAN

5639

5731

5780

5872

5921

GOLD

5-FEB

28777

28898

28986

29107

29195

LEAD

31-JAN

130.65

133.20

134.70

137.25

138.75

NATURALGAS

28-JAN

265.23

267.87

270.43

273.07

275.63

NICKEL

31-JAN

863.5

878.3

888.2

903.0

912.9

SILVER

5-MAR

44088

44436

44663

45011

45238

ZINC

31-JAN

125.20

126.90

127.90

129.60

130.60

YOUR MINTVISORY

Call us at +91-731-6642300
MOST ACTIVE CONTRACTS
166h JANUARY 2014

Symbol

Expiry Date

LTP

Value (In Lacs)

Volume (In Lots)

SILVERMICRO

28-02-2014

44815.00

3,11,55,38,800.00

69,520

CRUDE OIL

20-01-2014

5818.00

37,29,80,344.00

64,108

NATURAL GAS

28-01-2014

271.80

1,35,52,763.40

49,863

SILVER M

28-02-2014

44811.00

1,61,74,08,234.00

36,094

COPPER

28-02-2014

459.65

1,16,41,095.90

25,326

LEADMINI

31-01-2014

135.50

31,30,998.50

23,107

COPPERMINI

28-02-2014

459.70

90,07,361.80

19,594

NICKEL

31-01-2014

893.20

1,63,84,860.80

18,344

SILVER

05-03-2014

44790.00

75,34,57,380.00

16,822

NICKELMINI

31-01-2014

893.10

1,36,59,964.50

15,295

YOUR MINTVISORY

Call us at +91-731-6642300
COMMODITY BUZZ AND ECONOMIC EVENTS
16th JANUARY 2014

COMMODITY BUZZ :

SPECIAL NEWS :


National Commodities And Derivatives Exchange
(NCDEX) Yesterday announced the launch of GOLDHEDGE, an innovative gold contract that the exchange claims would signal the most transparent and
straightforward price benchmark of this precious
metal to the consumer. The contract is available for
trading from January 16, 2014



A press release from the exchange says that “For the
first time in the 10-year history of Indian commodity
derivatives trading, jewellers, traders, banks, consumers, and gold refiners will be able to perceive maximum co-relation between Indian and international
gold prices through the GOLDHEDGE contract, which
is designed to remain unclouded by domestic demandsupply factors”.



MCX Gold futures are in red, falling under Rs 29000
per 10 grams amid bearish global cues. The COMEX
Gold futures have eased, failing to extend their recent
gains. The yellow metal had topped a one-month high
above $1250 per ounce but failed to hold on to these
levels and dropped back yesterday.

YOUR MINTVISORY



As per the World Bank's latest Global Economic Prospects
report, growth in South Asia expanded a modest 4.6 percent in 2013, reflecting weakness in India amid high inflation, and current account and government deficits. More
recently, regional exports have recovered, because of
strengthening external demand and the earlier depreciation of the Indian rupee. Regional growth is projected to
improve to 5.7 percent in 2014, rising to 6.7 percent in
2016, led mainly by recovering import demand by highincome economies and regional investmen



UK wheat imports showed their first year-on-year decline
in nearly three years as the decent quality of the latest
harvest eased the pressure on souring from other countries. The UK imported 129,483 tonnes of wheat in November, customs data showed. While still a historically
high figure, it signalled an easing off in the huge imports
the UK has seen since the poor quality of its wet-affected
2012 harvest. The figure was the lowest for any month
since June 2012 and showed the first year-on-year decline
since February 2012..

Call us at +91-731-6642300
EPIC RESEARCH– ANALYST SPEAKS
16th JANUARY 2014

SILVER MCX:

SILVER march contract was closed at RS 44785 down Rs119 , or -0.34percent.
The SILVER rate have touched an intraday high of Rs 44889 and intraday low of Rs 44314. So far 17020 contracts have been traded.
Silver opened at morning with gap down and made day high. In day session silver trade in range-bound and made night high
44889 .After evening Have seen more buying in silver and it will helpful to break the nearest resistance 44950 further silver will
touch level 45200 next trading session.

BUY SILVER ABOVE 44950 TGTS 45150/45450 SL 44600
SELL SILVER BELOW 44600 TGTS 44350/44000 SL 45000

YOUR MINTVISORY

Call us at +91-731-6642300
EPIC RESEARCH– ANALYST SPEAKS
16th JANUARY 2014

GOLD MCX:

GOLD February contract was closed at Rs 29096 down 73 R, or –0.33 percent.
The GOLD rate touched an intraday high of Rs 29074 and intraday low of Rs 28865. So far 12730 contracts have beetraded.
Gold Price is taking support at 28840 trade in volatile range all day.
In evening session gold price have cracked the nearest resistance 28960 and made high of 29074

BUY GOLD ABOVE 29040 TGTS 29120/29220 SL 28920
SELL GOLD BELOW 28980 TGTS 28900/28800 SL 29100

YOUR MINTVISORY

Call us at +91-731-6642300
EPIC RESEARCH– ANALYST SPEAKS
16th JANUARY 2014

CASTORSEED

RESISTANCE 1

4487.30

RESISTANCE 2

4541.70

PIVOT

4415.70

SUPPORT 1

4361.30

SUPPORT 2

4289.70

CASTORSEED continuing the sideways in daily chart from past week. but all over it is in downtrend.RSI is below 50.00
also support fall in castor seed Feb. contract. Immediate support @ 4400 and immediate resistance @ 4480. 4300 is also
a strong support level and if it sustain below it, may signing of continue the trend.

BUY CASTORSEEDFEB ABOVE 4480 TGTS 4510/ 4560 SL 4430
SELL CASTORSEEDFEB BELOW 4400 TGTS 4380/4330 SL 4450

YOUR MINTVISORY

Call us at +91-731-6642300
EPIC RESEARCH– ANALYST SPEAKS
1th JANUARY 2014

DHANIYA

RESISTANCE 1

8277.70

RESISTANCE 2

8175.30

PIVOT

8012.70

SUPPORT 1

7910.30

SUPPORT 2

7747.70

DHANIYA Feb. looks weak in daily chart, immediate support @ 8010 and immediate resistance @ 8150.
fresh short position can be initiated below 7750 level. In daily chart RSI is 47.92,which is below
50 that will support the bearish trend in Dhaniya.

BUY DHANIYA FEB ABOVE 8150 TGTS 8180 / 8230 SL 8100
SELL DHANIYA FEB BELOW 8010 TGTS 7980 / 7930 SL 8060

YOUR MINTVISORY

Call us at +91-731-6642300
TODAY’S ECONOMIC EVENTS
16 JANUARY 2014

Time

Country

Event

Actual

Forecast

WENESDAY 16 JANUARY 2014
04:00

EUR

ECB MONTHLY REPORT

05:00

EUR

CORE CPI (YOY)

0.9%

0.9%

05:00

EUR

CPI (YOY)

0.8%

0.8%

05:00

EUR

CPI (MOM)

0.3%

-0.1%

08:30

CAD

FOREIGN SECURITIES PURCHASES

7.21B

4.41B

08:30

USD

CORE CPI (YOY)

1.7%

1.7%

08:30

USD

CORE CPI (MOM)

0.1%

0.2%

08:30

USD

CPI (YOY)

1.5%

1.2%

08:30

USD

CPI (MOM)

0.3%

0.0%

08:30

USD

INITIAL JOBLESS CLAIMS

328K

330K

09:00

USD

TIC NET LONG-TERM TRANSACTIONS

42.3B

35.4B

10:00

USD

PHILADELPHIA FED MANUFACTURING INDEX

8.6

7.0

11:10

USD

FED CHAIRMAN BERNANKE SPEAKS

16:45

BRL

BRAZILIAN INTEREST RATE DECISION

10.25%

10.00%

YOUR MINTVISORY

Call us at +91-731-6642300
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.

YOUR MINTVISORY

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Daily commodity report 16 01-2014 by epic research

  • 1. DAILY COMMODITY REPORT 16 JANUARY 2014 Our Presence Epic Research India Toll Free Number Mintara Road, Tarneit, Victoria. Post Code 3029 1-800-200-9454 Phone.: +61 422 063855 411 Milinda Manor (Suites 409- 417) HNI & NRI Sales Contact Australia All queries should be directed to 2 RNT Marg. Opp Cental Mall Indore (M.P.) Info@epicresearch.co Hotline: +91 731 664 2300 Alternate: +91 731 664 2320 Or give us a missed call at 026 5309 0639 YOUR MINTVISORY HNI & NRI Sales Contact USA 2117 Arbor Vista Dr. Charlotte (NC) Cell: +1 704 249 2315 Call us at +91-731-6642300
  • 2. DAILY MARKET WRAPUP 16 JANUARY 2014 COMMODITY CONTRACT OPEN PRICE HIGH LOW CLOSE PRICE %CHANGE OI (in lots) GOLD 05 FEB 2014 29023.00 29074.00 28865.00 29096.00 -0.33 8,678 SILVER 05 MAR 2014 44666.00 44889.00 44314.00 44785.00 -0.34 10,120 CRUDE 20 JAN 2014 5710.00 5824.00 5688.00 5701.00 2.05 11,993 NATURAL GAS 28 JAN 2014 298.10 273.00 267.80 268.50 1.23 14,848 COPPER 28 FEB 2014 454.90 460.25 452.30 455.55 0.90 12,625 NICKEL 31 JAN 2014 879.70 898.00 873.90 882.00 1.27 6,882 LEAD 31 JAN 2014 133.70 136.20 132.15 133.85 1.27 3,527 ZINC 31 JAN 2014 127.10 128.90 126.20 127.60 0.67 3,110 ALUMINIUM 31 JAN 2014 106.40 108.35 106.05 106.50 1.17 3,314 LME WAREHOUSE STOCKS (16– JAN- 2014) METAL ALUMINIUM -7800 COPPER -1525 LEAD -500 NICKEL 528 ZINC YOUR MINTVISORY TONNES IN STORAGE -4425 Call us at +91-731-6642300
  • 3. INTERNATIONAL MARKETS 16th JANUARY 2014 PRECIOUS AND INDUSTRY METALS COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT COMEX GOLD USD/T OZ. 1,239.50 +1.20 +0.10% FEB 14 GOLD SPOT USD/T OZ. 1,240.05 -1.83 -0.15% N/A COMEX SILVER USD/T OZ. 20.15 +0.01 +0.05% MAR 14 COMEX COPPER USD/LB. 335.65 -0.15 -0.04% MAR 14 PLATINUM SPOT USD/T OZ. 1,427.39 -1.97 -0.16% N/A ENERGY COMMODITY FUTURES COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT CRUDE OIL (WTI) USD/BBL. 94.20 +0.03 +0.03% FEB 14 CRUDE OIL (BRENT) USD/BBL. 107.13 +0.74 +0.70% FEB 14 RBOB GASOLINE USD/GAL. 262.10 -0.14 -0.05% FEB 14 NYMEX NATURAL GAS USD/MMBTU 4.33 +0.01 +0.21% FEB 14 NYMEX HEATING OIL USD/GAL. 297.81 -0.15 -0.05% FEB 14 YOUR MINTVISORY Call us at +91-731-6642300
  • 4. INTRADAY SUPPORT AND RESISTANCE 16th JANUARY 2014 COMMODITY EXPIRY SUP.3 SUP.2 SUP.1 PIVOT RES.1 ALUMINIUM 31-JAN 105.10 106.45 107.40 108.75 109.70 COPPER 28-FEB 449.52 454.68 457.47 462.63 465.42 CRUDEOIL 20-JAN 5639 5731 5780 5872 5921 GOLD 5-FEB 28777 28898 28986 29107 29195 LEAD 31-JAN 130.65 133.20 134.70 137.25 138.75 NATURALGAS 28-JAN 265.23 267.87 270.43 273.07 275.63 NICKEL 31-JAN 863.5 878.3 888.2 903.0 912.9 SILVER 5-MAR 44088 44436 44663 45011 45238 ZINC 31-JAN 125.20 126.90 127.90 129.60 130.60 YOUR MINTVISORY Call us at +91-731-6642300
  • 5. MOST ACTIVE CONTRACTS 166h JANUARY 2014 Symbol Expiry Date LTP Value (In Lacs) Volume (In Lots) SILVERMICRO 28-02-2014 44815.00 3,11,55,38,800.00 69,520 CRUDE OIL 20-01-2014 5818.00 37,29,80,344.00 64,108 NATURAL GAS 28-01-2014 271.80 1,35,52,763.40 49,863 SILVER M 28-02-2014 44811.00 1,61,74,08,234.00 36,094 COPPER 28-02-2014 459.65 1,16,41,095.90 25,326 LEADMINI 31-01-2014 135.50 31,30,998.50 23,107 COPPERMINI 28-02-2014 459.70 90,07,361.80 19,594 NICKEL 31-01-2014 893.20 1,63,84,860.80 18,344 SILVER 05-03-2014 44790.00 75,34,57,380.00 16,822 NICKELMINI 31-01-2014 893.10 1,36,59,964.50 15,295 YOUR MINTVISORY Call us at +91-731-6642300
  • 6. COMMODITY BUZZ AND ECONOMIC EVENTS 16th JANUARY 2014 COMMODITY BUZZ : SPECIAL NEWS :  National Commodities And Derivatives Exchange (NCDEX) Yesterday announced the launch of GOLDHEDGE, an innovative gold contract that the exchange claims would signal the most transparent and straightforward price benchmark of this precious metal to the consumer. The contract is available for trading from January 16, 2014  A press release from the exchange says that “For the first time in the 10-year history of Indian commodity derivatives trading, jewellers, traders, banks, consumers, and gold refiners will be able to perceive maximum co-relation between Indian and international gold prices through the GOLDHEDGE contract, which is designed to remain unclouded by domestic demandsupply factors”.  MCX Gold futures are in red, falling under Rs 29000 per 10 grams amid bearish global cues. The COMEX Gold futures have eased, failing to extend their recent gains. The yellow metal had topped a one-month high above $1250 per ounce but failed to hold on to these levels and dropped back yesterday. YOUR MINTVISORY  As per the World Bank's latest Global Economic Prospects report, growth in South Asia expanded a modest 4.6 percent in 2013, reflecting weakness in India amid high inflation, and current account and government deficits. More recently, regional exports have recovered, because of strengthening external demand and the earlier depreciation of the Indian rupee. Regional growth is projected to improve to 5.7 percent in 2014, rising to 6.7 percent in 2016, led mainly by recovering import demand by highincome economies and regional investmen  UK wheat imports showed their first year-on-year decline in nearly three years as the decent quality of the latest harvest eased the pressure on souring from other countries. The UK imported 129,483 tonnes of wheat in November, customs data showed. While still a historically high figure, it signalled an easing off in the huge imports the UK has seen since the poor quality of its wet-affected 2012 harvest. The figure was the lowest for any month since June 2012 and showed the first year-on-year decline since February 2012.. Call us at +91-731-6642300
  • 7. EPIC RESEARCH– ANALYST SPEAKS 16th JANUARY 2014 SILVER MCX: SILVER march contract was closed at RS 44785 down Rs119 , or -0.34percent. The SILVER rate have touched an intraday high of Rs 44889 and intraday low of Rs 44314. So far 17020 contracts have been traded. Silver opened at morning with gap down and made day high. In day session silver trade in range-bound and made night high 44889 .After evening Have seen more buying in silver and it will helpful to break the nearest resistance 44950 further silver will touch level 45200 next trading session. BUY SILVER ABOVE 44950 TGTS 45150/45450 SL 44600 SELL SILVER BELOW 44600 TGTS 44350/44000 SL 45000 YOUR MINTVISORY Call us at +91-731-6642300
  • 8. EPIC RESEARCH– ANALYST SPEAKS 16th JANUARY 2014 GOLD MCX: GOLD February contract was closed at Rs 29096 down 73 R, or –0.33 percent. The GOLD rate touched an intraday high of Rs 29074 and intraday low of Rs 28865. So far 12730 contracts have beetraded. Gold Price is taking support at 28840 trade in volatile range all day. In evening session gold price have cracked the nearest resistance 28960 and made high of 29074 BUY GOLD ABOVE 29040 TGTS 29120/29220 SL 28920 SELL GOLD BELOW 28980 TGTS 28900/28800 SL 29100 YOUR MINTVISORY Call us at +91-731-6642300
  • 9. EPIC RESEARCH– ANALYST SPEAKS 16th JANUARY 2014 CASTORSEED RESISTANCE 1 4487.30 RESISTANCE 2 4541.70 PIVOT 4415.70 SUPPORT 1 4361.30 SUPPORT 2 4289.70 CASTORSEED continuing the sideways in daily chart from past week. but all over it is in downtrend.RSI is below 50.00 also support fall in castor seed Feb. contract. Immediate support @ 4400 and immediate resistance @ 4480. 4300 is also a strong support level and if it sustain below it, may signing of continue the trend. BUY CASTORSEEDFEB ABOVE 4480 TGTS 4510/ 4560 SL 4430 SELL CASTORSEEDFEB BELOW 4400 TGTS 4380/4330 SL 4450 YOUR MINTVISORY Call us at +91-731-6642300
  • 10. EPIC RESEARCH– ANALYST SPEAKS 1th JANUARY 2014 DHANIYA RESISTANCE 1 8277.70 RESISTANCE 2 8175.30 PIVOT 8012.70 SUPPORT 1 7910.30 SUPPORT 2 7747.70 DHANIYA Feb. looks weak in daily chart, immediate support @ 8010 and immediate resistance @ 8150. fresh short position can be initiated below 7750 level. In daily chart RSI is 47.92,which is below 50 that will support the bearish trend in Dhaniya. BUY DHANIYA FEB ABOVE 8150 TGTS 8180 / 8230 SL 8100 SELL DHANIYA FEB BELOW 8010 TGTS 7980 / 7930 SL 8060 YOUR MINTVISORY Call us at +91-731-6642300
  • 11. TODAY’S ECONOMIC EVENTS 16 JANUARY 2014 Time Country Event Actual Forecast WENESDAY 16 JANUARY 2014 04:00 EUR ECB MONTHLY REPORT 05:00 EUR CORE CPI (YOY) 0.9% 0.9% 05:00 EUR CPI (YOY) 0.8% 0.8% 05:00 EUR CPI (MOM) 0.3% -0.1% 08:30 CAD FOREIGN SECURITIES PURCHASES 7.21B 4.41B 08:30 USD CORE CPI (YOY) 1.7% 1.7% 08:30 USD CORE CPI (MOM) 0.1% 0.2% 08:30 USD CPI (YOY) 1.5% 1.2% 08:30 USD CPI (MOM) 0.3% 0.0% 08:30 USD INITIAL JOBLESS CLAIMS 328K 330K 09:00 USD TIC NET LONG-TERM TRANSACTIONS 42.3B 35.4B 10:00 USD PHILADELPHIA FED MANUFACTURING INDEX 8.6 7.0 11:10 USD FED CHAIRMAN BERNANKE SPEAKS 16:45 BRL BRAZILIAN INTEREST RATE DECISION 10.25% 10.00% YOUR MINTVISORY Call us at +91-731-6642300
  • 12. 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. YOUR MINTVISORY Call us at +91-731-6642300