Daily commodity report_22_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_22_jan_2014 by epic research

  1. 1. DAILY COMMODITY REPORT 22th 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 22th JANUARY 2014 COMMODITY CONTRACT OPEN PRICE HIGH LOW CLOSE PRICE %CHANGE OI (in lots) GOLD 05 FEB 2014 29238.00 29298.00 29130.00 29288.00 -0.17 8294 SILVER 05 MAR 2014 44900.00 44918.00 44140.00 45024.00 -1.10 12057 CRUDE 20 JAN 2014 5806.00 5948.00 4796.00 5813.00 1.67 9388 NATURAL GAS 28 JAN 2014 263.70 275.70 263.70 262.90 3.77 16723 COPPER 28 FEB 2014 456.05 462.00 454.55 458.45 0.97 11427 NICKEL 31 JAN 2014 882.10 912.00 888.20 895.00 1.65 8263 LEAD 31 JAN 2014 134.40 136.60 133.60 134.40 1.12 3356 ZINC 31 JAN 2014 127.95 129.80 127.25 128.00 1.21 3091 ALUMINIUM 31 JAN 2014 108.85 109.75 108.10 108.95 0.32 2198 LME WAREHOUSE STOCKS (22– JAN- 2014) METAL ALUMINIUM -7275 COPPER -3875 LEAD 200 NICKEL -432 ZINC YOUR MINTVISORY TONNES IN STORAGE -3100 Call us at +91-731-6642300
  3. 3. INTERNATIONAL MARKETS 22th JANUARY 2014 PRECIOUS AND INDUSTRY METALS COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT COMEX GOLD USD/T OZ. 1,242.20 +0.40 +0.03% FEB 14 GOLD SPOT USD/T OZ. 1,242.59 +1.18 +0.10% N/A COMEX SILVER USD/T OZ. 19.91 +0.04 +0.18% MAR 14 COMEX COPPER USD/LB. 334.85 -0.25 -0.07% MAR 14 PLATINUM SPOT USD/T OZ. 1,458.75 +7.87 +0.54% N/A ENERGY COMMODITY FUTURES COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT CRUDE OIL (WTI) USD/BBL. 94.99 0.00 0.00% MAR 14 CRUDE OIL (BRENT) USD/BBL. 107.03 +0.30 +0.28% MAR 14 RBOB GASOLINE USD/GAL. 263.64 +1.58 +0.60% FEB 14 NYMEX NATURAL GAS USD/MMBTU 4.48 +0.05 +1.02% FEB 14 NYMEX HEATING OIL USD/GAL. 303.22 +1.75 +0.58% FEB 14 YOUR MINTVISORY Call us at +91-731-6642300
  4. 4. INTRADAY SUPPORT AND RESISTANCE 22th JANUARY 2014 COMMODITY EXPIRY SUP.3 SUP.2 SUP.1 PIVOT RES.1 ALUMINIUM 31-JAN 107.98 108.47 109.33 109.82 110.68 COPPER 28-FEB 454.02 455.23 457.22 458.43 460.42 CRUDEOIL 19-FEB 5779 5796 5817 5834 5855 GOLD 5-FEB 29184 29236 29313 29365 29442 LEAD 31-JAN 133.37 133.88 134.82 135.33 136.27 NATURALGAS 28-JAN 259.43 261.17 263.23 264.97 267.03 NICKEL 31-JAN 876.3 885.6 891.2 900.5 906.1 SILVER 5-MAR 44771 44898 45081 45208 45391 ZINC 31-JAN 127.03 127.52 128.08 128.57 129.13 YOUR MINTVISORY Call us at +91-731-6642300
  5. 5. MOST ACTIVE CONTRACTS 22th JANUARY 2014 Symbol Expiry Date LTP Value (In Lacs) Volume (In Lots) SILVERMICRO 28-02-2014 44545.00 4,18,31,31,860.00 93,908 CRUDE OIL 19-02-2014 5910.00 37,26,13,680.00 63,048 NATURAL GAS 28-01-2014 272.80 1,59,12,969.60 58,332 SILVER M 28-02-2014 44550.00 2,07,45,59,850.00 46,567 COPPER 28-02-2014 460.90 1,16,71,370.70 25,323 SILVER 05-03-2014 44529.00 1,10,78,36,991.00 24,879 LEADMINI 31-01-2014 135.85 29,97,666.10 22,066 NICKEL 31-01-2014 909.80 1,81,56,878.60 19,957 COPPERMINI 28-02-2014 460.90 89,30,398.40 19,376 NICKELMINI 31-01-2014 909.90 1,69,26,869.70 18,603 YOUR MINTVISORY Call us at +91-731-6642300
  6. 6. TODAY,S COMMODITY NEWS 22th JANUARY 2014 COMMODITY HEADLINES  Gold prices declined by 0.21 per cent to Rs. 29,227 per ten grams in futures trading  Gold jewellery inflows via NRIs cool domestic prices  Gold futures decline 0.21% on global cues  Silver futures down 0.46% on weak global cues  CEC for time-bound scheme to re-allot category 'C' mines  Copper falls 0.3% on sluggish demand, global cues  Oil prices down in Asian trade  China’s new Oil refineries to change demand-supply dynamics in Lunar New Year  China Crude Oil demand expected to grow by 350,000 b/d in Q1 2014  Aussie Silver, Lead, Zinc ore industry grows 2.1% annually, to get $4.3 bn in revenue in 2013-14 YOUR MINTVISORY Call us at +91-731-6642300
  7. 7. COMMODITY BUZZ AND ECONOMIC EVENTS 22th JANUARY 2014 COMMODITY BUZZ : SPECIAL NEWS :  MCX Gold futures came off their highs in intraday trades as the global prices corrected from recent six week highs on ideas that the US the Fed is on track to trim its bond-buying program and a further reduction could as soon as the central bank's meeting around this month-end. The US dollar strengthened and hovered around its seven week high and COMEX Gold broke under $1250 per ounce. The metal quotes at $1244.10, down $7.80 per ounce on the day. MCX Gold futures also eased from intraday highs near Rs 29300 per 10 grams and currently quote at Rs 29260, down Rs 28 per 10 grams on the day  India's index of mineral production of mining and quarrying sector in November 2013 was higher by 3.7% compared to that of the preceding month. The mineral sector has shown a positive growth of 1.0% during November 2013 as compared to that of the corresponding month of previous year. Local gold production surged by 24.6% to 86 kgs. The total value of mineral production (excluding atomic & minor minerals) in the country during November 2013 was Rs. 17163 crore. The contribution of coal was the highest at Rs. 5798 crore (34%). Next in the order of importance were: petroleum (crude) Rs. 5728 crore, iron ore Rs. 2276 crore, natural gas (utilized) Rs. 1797 crore, limestone Rs. 364 crore and lignite Rs. 365 crore.  The NCDEX futures declined by 1.50% yesterday. As per the latest crop data compiled by team of commodityinsights.com, the total production of guarseed in the current year is estimated at 24 lakh tonnes against 21 lakh tonnes reported in the previous year Selling intensified in mustard seed futures to favourable crop conditions in the major producing states.  Economic confidence in Germany fell 0.3 points to 61.7 in January. The score was expected to rise to 64. The indicator of economic sentiment weakened unexpectedly in January, survey data from the Centre for European Economic Research/ZEW showed Tuesday. The expert's assessment of the current economic situation climbed 8.8 points to 41.2, its highest mark since May 2012. YOUR MINTVISORY Call us at +91-731-6642300
  8. 8. EPIC RESEARCH– ANALYST SPEAKS 22th JANUARY 2014 SILVER MCX: MCX SILVER march contract was closed at RS 45024 down , 1.10 percent. The SILVER rate have touched an intraday high of Rs 44918 and an intraday low of Rs 44140. So far 24470 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 day high 44918 . After evening Have seen more selling in silver and it will helpful to break the nearest resistance 44390 further silver will touch level 44100 next trading session. BUY SILVER ABOVE 44700 TGTS 44900/45200 SL 44350 SELL SILVER BELOW 44350 TGTS 44150/43850 SL 44700 YOUR MINTVISORY Call us at +91-731-6642300
  9. 9. EPIC RESEARCH– ANALYST SPEAKS 22th JANUARY 2014 GOLD MCX: MCX GOLD February contract was closed at Rs 29288 down -0.17 percent. The GOLD rate touched an intraday high of Rs 29298 and an intraday low of Rs 29130. So far 17180 contracts have been traded. Gold Price is taking support at 29100 trade in range bound all day. In evening session gold price have cracked the nearest support 29200 and made high of 29130 BUY GOLD ABOVE 29300 TGTS 29380/29480 SL 29290 SELL GOLD BELOW 29190 TGTS 29110/29010 SL 29300 YOUR MINTVISORY Call us at +91-731-6642300
  10. 10. EPIC RESEARCH– ANALYST SPEAKS 22th JANUARY 2014 CASTORSEED RESISTANCE 1 4371.70 RESISTANCE 2 4407.3 PIVOT 4345.30 SUPPORT 1 4309.7 SUPPORT 2 4283.30 castor seed is in sideways and taking support of 4250 in daily chart .MACD & RSI shows down trend but when price trend will break its consolidation trend then only it will clear the trend. Immediate support @ 4315 and immediate resistance @ 4385. 4250 is also a strong support level and if it sustain below it, may sign of bearish. BUY CASTORSEED FEB ABOVE 4385 TGTS 4415,4465 SL 4335 SELL CASTORSEED FEB BELOW 4315 TGTS 4285,4235 SL 4365 YOUR MINTVISORY Call us at +91-731-6642300
  11. 11. EPIC RESEARCH– ANALYST SPEAKS 22th JANUARY 2014 DHANIYA RESISTANCE 1 8198.70 RESISTANCE 2 8277.30 PIVOT 8104.3 SUPPORT 1 8021.3 SUPPORT 2 7931.30 Dhaniya Feb. is in bullish trend in daily chart. Immediate support @ 8345 and immediate resistance @ 8485.open interest and pries has increased, RSI and MACD both are give signal of bullishness. Fundamentally dhaniya is in bullish trend in coming trading session. BUY DHANIYA FEB ABOVE 8485 TGTS 8515,8565 SL 8435 SELL DHANIYA FEB BELOW 8345 TGTS 8315,8265 SL 8395 YOUR MINTVISORY Call us at +91-731-6642300
  12. 12. TODAY’S ECONOMIC EVENTS 22th JANUARY 2014 TIME COUNTRY EVENT ACTUAL FORECAST PREVIOUS WEDNESDAY 22 JANUARY 2014 05:00 AUD WESTPAC CONSUMER SENTIMENT 06:00 AUD CPI (QOQ) 0.5% 1.2% 06:00 AUD CPI (YOY) 2.5% 2.2% 06:00 AUD TRIMMED MEAN CPI (QOQ) 0.6% 0.7% TENTATIVE JPY BOJ PRESS CONFERENCE 15:00 GBP AVERAGE EARNINGS INDEX +BONUS 1.0% 0.9% 15:00 GBP CLAIMANT COUNT CHANGE -35.0K -36.7K 15:00 GBP MPC MEETING MINUTES 15:00 GBP UNEMPLOYMENT RATE 7.3% 7.4% 20:30 CAD BOC MONETARY POLICY REPORT 20:30 CAD INTEREST RATE DECISION 1.00% 1.00% 21:45 CAD BOC GOV POLOZ SPEAKS YOUR MINTVISORY -4.80% Call us at +91-731-6642300
  13. 13. DISCLAIMER 22th JANUARY 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 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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