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WEEKLY COMMODITY REPORT
11TH JULY TO 15TH JULY 2016
BULLIONS WEEKLY TECHNICAL LEVELS
GOLD(AUG) MCX WEEKLY CHART
WEEKLY PIVOTAL
S1 31215
S2 30711
PP 31835
R1 32339
R2 32959
TRADING STRATEGY:
MCX Gold AUG contract, able to breach its previous week's high but closed below 32000 levels in
the last trading session due to better than expected non-fram payroll data. In Comex, gold closed
above $1350 and which will now act as a support level in the near term. Major support at $1300-
$1280 and resistance at $1380.
For the next week,Gold AUG contract has support of 31300 levels. And strong support in range of
30900 to 30700 levels.
Resistances are in the range of 31960 to 32000 levels. Above 32000 the next resistance is at
32465 levels.
WEEKLY RECOMENDATIONS:-
SELL GOLD AUG BELOW 31600 TG 31350 / 31200 SL ABOVE 31850
BUY GOLD AUG ABOVE 31960 TG 32100/32300 SL BELOW 31700
WEEKLY COMMODITY REPORT
22nd JUNE TO 27th JUNE 2015
BULLIONS WEEKLY TECHNICAL LEVELS
SILVER (SEPT) MCX WEEKLY CHART
WEEKLY PIVOTAL
S1 46050
S2 44611
PP 47278
R1 48715
R2 49945
TRADING STRATEGY
MCX Silver SEPT Contract, able to breach its previous week's high and traded in positive
territory and closed below above 47000 levels. In Comex silver has a minor resistance of $20.40
and strong resistance at $21. Silver has a minor support around $19.24 and if it will close below
$18.50 we will see a huge sell off in market.
For the coming week, we expect Silver SEPT contract go up to 47800-48000 levels. Support are
expected at 46700 to 46500 levels. Below 46000 levels the next support is at 45500-45000.
WEEKLY RECOMENDATIONS:-
SELL SILVER SEPT BELOW 47000 TG 46600/ 46300 SL ABOVE 47400
BUY SILVER SEPT ABOVE 47500 TG 47900/48100 SL BELOW 47100
TRADING STRATEGY:
MCX Crude Oil JULY contract shown a downside movement on this week due to -2.223M from
previous week -4.053m as reported by EIA . In NYMEX Crude Oil has resistance of $47.90 and
strong support of $43.Oil rig count has up by 10 this week to 351 from 341 showed by Baker
Hughes report .
Crude Oil JULY contract having support at 3015 to 2980 levels Below it at 2920 levels & strong
supports at 2890 & 2850 levels.
Resistances are at 3115-3150 levels & above it at 3190 to 3200 levels & strong resistance at 3260
& 3440levels.
WEEKLY RECOMENDATIONS:-
SELL CRUDE OIL JULY BELOW 3015 TG 2970/ 2950 SL ABOVE 3080
BUY CRUDE OIL JULY ABOVE 3120 TG 3170/3200 SL BELOW 3079
WEEKLY COMMODITY REPORT
05-09-JAN-2015
ENERGY WEEKLY TECHNICAL LEVELS
CRUDE OIL (JULY) MCX WEEKLY CHART
WEEKLY PIVOTAL
S1 2942
S2 2825
PP 3132
R1 3250
R2 3439
COPPER (AUG) MCX WEEKLY CHART
BASE METALS WEEKLY TECHNICAL LEVELS
WEEKLY PIVOTAL
S1 311
S2 304.2
PP 324.05
R1 330.85
R2 343.9
TRADING STRATEGY:
MCX COPPER AUG contract shown downside movement in the last trading session due to
increase in lme inventory which drag copper prices towards downward There is a minor support
level around 317 and resistance around 322-324 levels. In the longer term we are bearish in
copper prices and it will touch to 300-280 in Mcx.
For the next week, Copper AUG contract supports are at 312-307 levels. Below it, at 300-295
levels &280 and strong support at 250 levels.
Resistance are at 322.40-328 level. Above it at 332 levels & Strong resistance is at 337.10-350
levels.
WEEKLY RECOMENDATIONS:-
SELL COPPER AUG BELOW 317 TG 313.50/ 310 SL ABOVE 321.40
BUY COPPER JUNE AROUND 323 TG 328/330 SL BELOW 318
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
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Investment in equity & bullion market has its own risks.
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Epic research weekly commodity report of 11 july 2016

  • 1. WEEKLY COMMODITY REPORT 11TH JULY TO 15TH JULY 2016
  • 2. BULLIONS WEEKLY TECHNICAL LEVELS GOLD(AUG) MCX WEEKLY CHART WEEKLY PIVOTAL S1 31215 S2 30711 PP 31835 R1 32339 R2 32959 TRADING STRATEGY: MCX Gold AUG contract, able to breach its previous week's high but closed below 32000 levels in the last trading session due to better than expected non-fram payroll data. In Comex, gold closed above $1350 and which will now act as a support level in the near term. Major support at $1300- $1280 and resistance at $1380. For the next week,Gold AUG contract has support of 31300 levels. And strong support in range of 30900 to 30700 levels. Resistances are in the range of 31960 to 32000 levels. Above 32000 the next resistance is at 32465 levels. WEEKLY RECOMENDATIONS:- SELL GOLD AUG BELOW 31600 TG 31350 / 31200 SL ABOVE 31850 BUY GOLD AUG ABOVE 31960 TG 32100/32300 SL BELOW 31700 WEEKLY COMMODITY REPORT 22nd JUNE TO 27th JUNE 2015
  • 3. BULLIONS WEEKLY TECHNICAL LEVELS SILVER (SEPT) MCX WEEKLY CHART WEEKLY PIVOTAL S1 46050 S2 44611 PP 47278 R1 48715 R2 49945 TRADING STRATEGY MCX Silver SEPT Contract, able to breach its previous week's high and traded in positive territory and closed below above 47000 levels. In Comex silver has a minor resistance of $20.40 and strong resistance at $21. Silver has a minor support around $19.24 and if it will close below $18.50 we will see a huge sell off in market. For the coming week, we expect Silver SEPT contract go up to 47800-48000 levels. Support are expected at 46700 to 46500 levels. Below 46000 levels the next support is at 45500-45000. WEEKLY RECOMENDATIONS:- SELL SILVER SEPT BELOW 47000 TG 46600/ 46300 SL ABOVE 47400 BUY SILVER SEPT ABOVE 47500 TG 47900/48100 SL BELOW 47100
  • 4. TRADING STRATEGY: MCX Crude Oil JULY contract shown a downside movement on this week due to -2.223M from previous week -4.053m as reported by EIA . In NYMEX Crude Oil has resistance of $47.90 and strong support of $43.Oil rig count has up by 10 this week to 351 from 341 showed by Baker Hughes report . Crude Oil JULY contract having support at 3015 to 2980 levels Below it at 2920 levels & strong supports at 2890 & 2850 levels. Resistances are at 3115-3150 levels & above it at 3190 to 3200 levels & strong resistance at 3260 & 3440levels. WEEKLY RECOMENDATIONS:- SELL CRUDE OIL JULY BELOW 3015 TG 2970/ 2950 SL ABOVE 3080 BUY CRUDE OIL JULY ABOVE 3120 TG 3170/3200 SL BELOW 3079 WEEKLY COMMODITY REPORT 05-09-JAN-2015 ENERGY WEEKLY TECHNICAL LEVELS CRUDE OIL (JULY) MCX WEEKLY CHART WEEKLY PIVOTAL S1 2942 S2 2825 PP 3132 R1 3250 R2 3439
  • 5. COPPER (AUG) MCX WEEKLY CHART BASE METALS WEEKLY TECHNICAL LEVELS WEEKLY PIVOTAL S1 311 S2 304.2 PP 324.05 R1 330.85 R2 343.9 TRADING STRATEGY: MCX COPPER AUG contract shown downside movement in the last trading session due to increase in lme inventory which drag copper prices towards downward There is a minor support level around 317 and resistance around 322-324 levels. In the longer term we are bearish in copper prices and it will touch to 300-280 in Mcx. For the next week, Copper AUG contract supports are at 312-307 levels. Below it, at 300-295 levels &280 and strong support at 250 levels. Resistance are at 322.40-328 level. Above it at 332 levels & Strong resistance is at 337.10-350 levels. WEEKLY RECOMENDATIONS:- SELL COPPER AUG BELOW 317 TG 313.50/ 310 SL ABOVE 321.40 BUY COPPER JUNE AROUND 323 TG 328/330 SL BELOW 318
  • 6. 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. DISCLAIMER