WEEKLY COMMODITY REPORT BY EPIC RESEARCH-12 NOVEMBER 2012

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WEEKLY COMMODITY REPORT BY EPIC RESEARCH-12 NOVEMBER 2012

  1. 1. WEEKLY COMMODITY REPORT 12TH NOVEMBER 2012WWW.EPICRESEARCH.CO 9752199966
  2. 2.  HEADLINES LME Lead tumbles on profit-taking; but analysts say fundamentals still strong. Lead fell more than other base metals on Friday, yet analysts said that it has a more favorable fundamental  TRADING TIP: backdrop. Lead fell $59, or 2.7%, to $2,149 a metric ton on the London Metal Exchange. Buy Crude Oil Nov “Fridays move was a clear initiative to take some profit from recent gains…but the strong fundamentals should Above 4730 continue to play and allow the metal a strong support. Lead is now above all of the key moving averages. TGTS-4780/4850 Lead may outperform Base Metal complex into SL-4690 year-end. With stocks-to-consumption ratio fallling to its lowest level since 2010 at just over two weeks, Epic ResearchBuy Copper Nov believes that lead will outperform the complex into year-end. After a pullback in line with broader marketAbove 418.40 trend in October, early November has seen a resurgence in lead prices largely independent of the rest of theTGTS-422/427 complex. Front-end LME time spreads have also moved into backwardation in October and are currently at theSL- 414.20 tightest in 12 months.WWW.EPICRESEARCH.CO 9752199966
  3. 3. MCX WEEKLY GOLD CHARTANALYSISOPEN: 30518HIGH: 31737LOW: 30491CLOSE: 31643 GOLD LOOKS UPWARD TREND: BULLISH STRATEGY: BUY ON DIPS WWW.EPICRESEARCH.CO 9752199966
  4. 4. MCX WEEKLY SILVER CHARTANALYSISOPEN: 57788HIGH: 61142LOW: 57582CLOSE: 60920 SILVER LOOKS UPWARD TREND: BULLISH STRATEGY: BUY ON DIPS
  5. 5. MCX WEEKLY COPPER CHARTANALYSISOPEN: 416.95HIGH: 424.80LOW: 412.65CLOSE: 416.20 COPPER LOOKS DOWNWARD TREND: BEARISH STRATEGY: SELL ON RISE WWW.EPICRESEARCH.CO WWW.EPICRESEARCH.CO 9993959693 9752199966
  6. 6. MCX WEEKLY CRUDE OIL CHARTANALYSISOPEN: 4618HIGH: 4823LOW: 4593CLOSE: 4712 CRUDE OIL LOOKS UPWARD TREND: BULLISH STRATEGY: BUY ON DIPSwww.epicresearch.co 9752199966
  7. 7. COMEX WEEKLY SILVER CHARTANALYSISOPEN: 30.88HIGH: 32.76LOW: 30.64CLOSE: 32.56 COMEX SILVER LOOKS UPWARD TREND: BULLISH STRATEGY: BUY ON DIPSwww.epicresearch.co 9752199966
  8. 8. COMEX WEEKLY GOLD CHARTANALYSISOPEN: 1677.60HIGH: 1738.28LOW: 1672.40CLOSE: 1731.17 COMEX GOLD LOOKS UPWARD TREND: BULLISH STRATEGY: BUY ON DIPSwww.epicresearch.co 9752199966
  9. 9. DisclaimerThe 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 tochoose the product/s that suits them the most.Sincere efforts have been made to present the right investment perspective. The information containedherein is based on analysis and up on sources that we consider reliable.This material is for personal information and based upon it & takes no responsibilityThe information given herein should be treated as only factor, while making investment decision. The reportdoes not provide individually tailor-made investment advice. Epic research recommends that investorsindependently evaluate particular investments and strategies, and encourages investors to seek the advice ofa financial adviser. Epic research shall not be responsible for any transaction conducted based on theinformation 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 informationherein, together with all estimates and forecasts, can change without notice. Analyst or any person related toepic research might be holding positions in the stocks recommended. It is understood that anyone who isbrowsing through the site has done so at his free will and does not read any views expressed asa recommendation for which either the site or its owners or anyone can be held responsible for . Anysurfing 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 lossincurred whatsoever for any financial profits or loss which may arise from the recommendations aboveepic research does not purport to be an invitation or an offer to buy or sell any financial instrument. OurClients (Paid Or Unpaid), Any third party or anyone else have no rights to forward or share our calls or SMS orReport or Any Information Provided by us to/with anyone which is received directly or indirectly by them. Iffound so then Serious Legal Actions can be taken.

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