Daily commodity report_02_jan_2014 by epic research

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Epic Research adopts multiple ways to analyze 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_02_jan_2014 by epic research

  1. 1. DAILY COMMODITY REPORT 02nd 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. 2. DAILY MARKET WRAPUP 02nd JANUARY 2014 COMMODITY CONTRACT OPEN PRICE HIGH LOW CLOSE PRICE %CHANGE OI (in lots) GOLD 05 FEB 2014 28400.00 28490.00 28390.00 28418.00 +0.02 9095 SILVER 05 MAR 2014 43870.00 44034.00 43735.00 43876.00 +0.20 11189 CRUDE 20 JAN. 2013 6124.00 6170.00 6123.00 6135.00 +0.33 9209 NATURAL GAS 28 JAN. 2013 265.00 265.00 263.00 264.10 -0.53 12939 COPPER 28 FEB 2014 469.25 471.60 468.30 468.60 +0.07 14139 NICKEL 31 JAN 2013 867.00 869.90 863.00 866.10 +0.41 6561 LEAD 31 JAN 2013 136.90 137.05 136.10 136.65 +0.15 3674 ZINC 31 JAN 2013 127.35 128.00 127.00 127.50 +0.04 3050 ALUMINIUM 31 JAN 2013 110.00 110.70 109.90 110.10 +0.23 1867 LME WAREHOUSE STOCKS (31– DEC- 2013) METAL ALUMINIUM -6625 COPPER -1025 LEAD -500 NICKEL 336 TIN -310 ZINC YOUR MINTVISORY TONNES IN STORAGE 44875 Call us at +91-731-6642300
  3. 3. INTERNATIONAL MARKETS 02nd JANUARY 2014 PRECIOUS AND INDUSTRY METALS COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT COMEX GOLD USD/T OZ. 1,225.60 +23.30 +1.94% FEB 14 GOLD SPOT USD/T OZ. 1,225.90 +9.06 +0.74% N/A COMEX SILVER USD/T OZ. 20.28 +0.91 +4.67% MAR 14 COMEX COPPER USD/LB. 341.30 +1.65 +0.49% MAR 14 PLATINUM SPOT USD/T OZ. 1,385.88 +18.43 +1.35% N/A ENERGY COMMODITY FUTURES COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT CRUDE OIL (WTI) USD/BBL. 98.62 +0.20 +0.20% FEB 14 CRUDE OIL (BRENT) USD/BBL. 110.94 +0.14 +0.13% FEB 14 RBOB GASOLINE USD/GAL. 278.74 +0.15 +0.05% FEB 14 NYMEX NATURAL GAS USD/MMBTU 4.23 -0.00 -0.09% FEB 14 NYMEX HEATING OIL USD/GAL. 306.42 -0.10 -0.03% FEB 14 YOUR MINTVISORY Call us at +91-731-6642300
  4. 4. INTRADAY SUPPORT AND RESISTANCE 02nd JANUARY 2014 COMMODITY EXPIRY SUP.3 SUP.2 SUP.1 PIVOT RES.1 RES.2 RES.3 ALUMINIUM 31-JAN 107.85 108.80 109.45 110.40 111.05 112.00 112.65 COPPER 28-FEB 460.30 462.50 465.55 467.75 470.80 473.00 476.05 CRUDEOIL 20-JAN 6018 6056 6096 6134 6174 6212 6252 GOLD 5-FEB 27633 27854 28136 28357 28639 28860 29142 LEAD 31-JAN 133.60 134.95 135.80 137.15 138.00 139.35 140.20 NATURALGAS 28-JAN 249.67 257.23 260.67 268.23 271.67 279.23 282.67 NICKEL 31-JAN 848.7 855.8 860.9 868.0 873.1 880.2 885.3 SILVER 5-MAR 40525 41480 42678 43633 44831 45786 46984 ZINC 31-JAN 125.20 126.40 126.95 128.15 128.70 129.90 130.45 YOUR MINTVISORY Call us at +91-731-6642300
  5. 5. MOST ACTIVE CONTRACTS 02nd JANUARY 2014 Symbol Expiry Date LTP Value (In Lacs) Volume (In Lots) SILVERMICRO 28-02-2014 43950.00 57,90,41,250.00 13,175 CRUDE OIL 20-01-2014 6142.00 4,24,78,072.00 6,916 NATURAL GAS 28-01-2014 264.10 15,56,341.30 5,893 SILVER M 28-02-2014 43942.00 22,80,58,980.00 5,190 COPPERMINI 28-02-2014 468.85 19,10,563.75 4,075 COPPER 28-02-2014 468.90 18,12,767.40 3,866 GOLD PETAL 31-01-2014 2911.00 1,04,01,003.00 3,573 LEADMINI 31-01-2014 136.75 4,24,335.25 3,103 GOLD M 03-01-2014 29537.00 8,23,49,156.00 2,788 GOLD 05-02-2014 28428.00 7,35,71,664.00 2,588 YOUR MINTVISORY Call us at +91-731-6642300
  6. 6. COMMODITY BUZZ AND ECONOMIC EVENTS 02nd JANUARY 2014 SPECIAL NEWS :   Chinese manufacturing grew further in December but at a slightly slower pace than in the previous month. The manufacturing Purchasing Managers' Index compiled by HSBC and Markit eased to 50.5, unchanged from the initial flash reading released earlier last month, but lower than the final November print of 50.8. Still, the result remained above the 50 level, which separates growth from contraction. Among the report's sub-indexes, the indicator for new export orders registered its first decline since August, while those for output and overall new orders showed growth but at a weaker pace. The report came one day after China's government-sponsored version of the manufacturing PMI showed a slowdown in the sector, with the official headline index falling to 51.0 from November's 51.4. Central revenue deficit target for the entire 2013-14 has been breached in only eight months of the year, clearly showing fiscal strain in the economy. Besides, the fiscal deficit reached close to 94 per cent of the projections made in the Budget for 2013-14. YOUR MINTVISORY COMMODITY BUZZ :  MCX Copper remained dull in the evening trades due to lack of interest for trading in International markets. LME Copper ended 2013 with losses of 6.4%, to $ 7370 per tonne. The prices managed to shred some losses in the latter half of the year due to falling inventories. China remained the major contributor for this rise. The total reported production in China was 1.954 million tonnes in October 2013, indicating a 46% share in the world primary production. Unreported production in China is estimated around 200000 tonnes.. On MCX, Copper was trading at Rs 469.65 per kg, up 0.23%. The prices tested a high of Rs 471.6 per kg, and a low of Rs 469.25 per kg. Aluminium was trading at Rs 110.45 per kg, up 0.32%.  India's eight core industries grew in November, after a decline in the previous month, official data showed. The eight core industries' output rose 1.7% year-onyear, following a 0.6% fall in October. It was the smallest infrastructure output growth since June. The eight core industries include coal, crude oil, natural gas, petroleum refining, fertilizers, steel, cement and electricity. Call us at +91-731-6642300
  7. 7. EPIC RESEARCH– ANALYST SPEAKS 02nd JANUARY 2014 SILVER MCX: The SILVER rate touched an intraday high of Rs 44588 and an intraday low of Rs 42435. 39871 contracts had been traded. Silver opened at morning with gap down and made day high. In mid session silver trade in narrow range and made night low 42435 . After evening there had been seen more selling pressure in silver and it will helpful to break the nearest support 43900. BUY SILVER ABOVE 44250 TGTS 44450/44750 SL 43880 SELL SILVER BELOW 43700 TGTS 43500/43200 SL 44100 YOUR MINTVISORY Call us at +91-731-6642300
  8. 8. EPIC RESEARCH– ANALYST SPEAKS 02nd JANUARY 2014 GOLD MCX: The GOLD rates on yesterday touched an intraday high of Rs 28578 and an intraday low of Rs 28075. 17171 contracts had been traded. Gold Price was taking support at 28230 and traded in sideways range all day. In evening session Gold price broke the nearest support of 28290 and made low of 28075. BUY GOLD ABOVE 28490 TGTS 28570/28670 SL 28380 SELL GOLD BELOW 28380 TGTS 28300/28200 SL 28480 YOUR MINTVISORY Call us at +91-731-6642300
  9. 9. TODAY’S ECONOMIC EVENTS 02nd JANUARY 2014 Time Counrty Event Actual Forecast Previous 50.5 50.5 50.5 THURSDAY, JANUARY 2 ALL DAY HOLIDAY SWITZERLAND - BERCHTOLD'S DAY 07:15 CNY CHINESE HSBC MANUFACTURING PMI 14:18 EUR FRENCH MANUFACTURING PMI 47.1 47.1 14:23 EUR GERMAN MANUFACTURING PMI 54.2 54.2 14:28 EUR MANUFACTURING PMI 52.7 52.7 14:58 GBP MANUFACTURING PMI 58.0 58.4 19:00 USD INITIAL JOBLESS CLAIMS 334K 338K 20:30 USD ISM MANUFACTURING PMI 57.0 57.3 YOUR MINTVISORY Call us at +91-731-6642300
  10. 10. 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

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