Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.
Weekly Commodity Report (16-21Apr)Commodity Updates  South Africas gold production declines sharply   by 14.5% Y-o-Y in F...
www.epicresearch.co+919993959693      Technical Charts      Mcx GoldMCX GOLD remained into a deep consolidation mode in th...
www.epicresearch.co+919993959693   Mcx Silver MCX SILVER has given a breakout on its daily chart and made a low of 55027. ...
www.epicresearch.co+919993959693   Mcx Copper MCX COPPER after giving a breakout on its daily chart remained bearish for t...
www.epicresearch.co+919993959693   Mcx Crude oil MCX CRUDEOIL took a stiff correction from the higher levels and now tradi...
www.epicresearch.co+919993959693   Disclaimer   The information and views in this report, our website & all the service we...
Upcoming SlideShare
Loading in …5
×

WEEKLY COMMODITY REPORT BY EPIC RESEARCH-16 APRIL 2012

473 views

Published on

Epic Research is a leading financial services provider with presence in Indian and other global capital markets. Provides Stock Tips, Forex Tips, Commodity Tips, MCX Tips, Equity Tips, Tips, Intraday Tips, NSE Tips, BSE Tips, COMEX Tips, PCG Pack and NCDEX Tips. We provide services in equity, commodity and Forex market.

Published in: Economy & Finance, Business
  • Be the first to comment

  • Be the first to like this

WEEKLY COMMODITY REPORT BY EPIC RESEARCH-16 APRIL 2012

  1. 1. Weekly Commodity Report (16-21Apr)Commodity Updates South Africas gold production declines sharply by 14.5% Y-o-Y in Feb: Stats SA Chinas gold imports surge 587% in 2012: HKCSD Nickel market may be under pricing supply risks from Indonesian policy Global Copper demand to rise to 20.7 Mmt in 2012: UBS DGCX to launch Copper futures trading on April 20Silver futures down on weak global cues Japanese Zinc demand to climb to 4 year highs Iran oil production to fall by 500,000bpd in 2012: EIA
  2. 2. www.epicresearch.co+919993959693 Technical Charts Mcx GoldMCX GOLD remained into a deep consolidation mode in the range of 27800 to 28000. On comex it is veryvolatile although trading below its 200 DMA but due to rupee depreciation it is trading on higher levels inMCX.RESISTANCE: 28820, 29050, 29200SUPPORT: 28520, 28320, 22150TREND: BULLISHSTRATEGY: BUY ON DIPS www.epicresearch.co +919993959693
  3. 3. www.epicresearch.co+919993959693 Mcx Silver MCX SILVER has given a breakout on its daily chart and made a low of 55027. Although some pull bank was seen from same levels but the trend is bearish. RESISTANCE: 56800, 57250, 57750 SUPPORT : 56000, 55600, 55050 TREND : BEARISH STRATEGY : SELL ON HIGHS www.epicresearch.co +919993959693
  4. 4. www.epicresearch.co+919993959693 Mcx Copper MCX COPPER after giving a breakout on its daily chart remained bearish for the last week and came down near to another important support level of 410. RESISTANCE: 435.80, 438.20,442 SUPPORT : 425, 421,418 TREND : BEARISH STRATEGY: SELL ON HIGHS www.epicresearch.co +919993959693
  5. 5. www.epicresearch.co+919993959693 Mcx Crude oil MCX CRUDEOIL took a stiff correction from the higher levels and now trading below its 34 DMA. 5230 is an immediate support for the MCX CRUDEOIL ,and if manages to break this level than further downside movements can be seen. RESISTANCE: 5528, 5580, 5650 SUPPORT : 5400, 5340, 5270 TREND : BILLISH STRATEGY : BUY ON DIPS www.epicresearch.co +919993959693
  6. 6. www.epicresearch.co+919993959693 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. www.epicresearch.co +919993959693

×