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Keynote commodity daily report for 170712
1. Daily Commodity Re
D eport
17th July 2012
MC GOLD (4 AUGUST 12 - Gold op
CX 2) pened lower at 29230. It
Gold
G Si
ilver Cr
rude
(4 A
Aug-12) (5 Sept-12) (19 J
Jul-12) mov ved lower to touch an int tra-day low of 29173 but managed to
bou unce back. It moved highe to touch an intra-day hig of 29330.
er n gh
Ope
en 29,230 52,721 4,787 It en
nded the day on a flat note to close at 2
e 29280.
High
h 29,330 52,835 4,828
Low
w 29,173 52,413 4,760 The RSI remain place belo its averag which would result in
e ns ow ge,
selling pressure However, the Stochas
e. stic is placed above its
d
Clos
se 29,280 52,745 4,820 aveerage and is a
also placed in the over sold zone, which would lead
n d h
Prev Close
v. 29,268 52,767 4,791 to re
egular bouts of short covering at lower levels. The A
ADX line, +DI
line and –DI line are moving sideways, indicating a r
e e g range bound
%C
Change 0.04% -0.04% 0.61%
tren MCX GO
nd. OLD faces r resistance at 29668, 301
t 179, 30340,
Sourc – MCX
ce 304 and 3100 while the supports are placed at 28
428 00, e 8859, 28765
and 27962 levels
d s.
Volume (In 000
V 0's)
16/0
07/2012 14/0
07/2012 % Chg. MC SILVER ( SEPT 12) - Silver ope
CX (5 ened lower a 52721. It
at
mov ved lower to touch an int tra-day low of 52413 but managed to
Gold (gms)
d 32,234.0
3 1,196.0 259
95.15% bou unce back. It moved higher to touch an intra-day hig of 52835..
gh
Silve (kgs)
er 1,223.2 39.8 297
72.57% nded the day on a flat note to close to c
It en e close at 52745
5.
Crud (bbl)
de 21,270.2
2 349.7 598
82.41%
The RSI rema
e ains place below its a average. Mo oreover, the
Sourc – MCX
ce Stochastic has oonce again sli
ipped below i average. T
its These would
lead to selling p
d pressure. The ADX line, + line and –DI line are
e +DI
Tu
urnover (In Lacs) movving sideway indicating a range bo
ys, g ound trend. MCX Silver
16/0
07/2012 14/0
07/2012 % Chg.
face resistance at 53675, 54
es e 4570, 55551, 56157 and 57737 while
,
the supports are placed at 51559, 51029, a 50252 lev
and vels.
Gold
d 94
43,214.9 34,999.5
3 259
94.94%
Silve
er 64
43,881.9 21,001.7
2 296
65.86% MC CRUDE (1 July 12) - Crude opened lower at 4
CX 19 4787 level It
ved lower to touch an intra-day low o 4760 but managed to
mov of
Crud
de 1,02
20,063.2 16,753.4 598
88.70%
bou moved higher to touch an intra-day high of 4828. It
unce back. It m r h
Sourc – MCX
ce end the day w moderate gains to clos at 4820.
ded with se
Global Market (Nym - $)
mex The Stochastic and the RS are placed above their respective
e SI d
17/0
07/2012 16/0
07/2012 % Chg. erages, which would lead to buying support. Ho
ave h owever, the
Stochastic is pla
aced in the ov bought zo
ver one, which w
would lead to
Gold (oz)
d 1,593.10
1 1,591.60 0.09%
prof taking at h
fit higher levels. The ADX lin +DI line a
ne, and –DI line
Silve (oz)
er 27.45 27.30 0.53% are moving side eways indicaating a range bound tren It faces
e nd.
Crud (bbl)
de 88.56 88.43 0.15% resi
istance at 482 4855 and 4905 while th supports a placed at
24, he are
480 4732, 4636, 4421 and 4
05, 4259.
Dolla Index
ar 82.97 83.10 -0.16%
Sourc – www.cme
ce egroup.com
Intra-day Re
esistance Intra-day Sup
pport
Comm
modities Close Pivot Point
R1 R2 R3
R S1 S2 S3
CRUD JUL 12
DE 4820 4803 4845
4 48
871 493
39 4777
7 4735 4667
GOLD AUG 12
D 29280 29261
2 29
9349 294
418 2957
75 29192
2 29104 28947
SILVE SEPT 12
ER 52745 52664
5 52
2916 530
086 5350
08 52494
4 52242 51820
Keynot Capitals L
te Ltd.
The Rub 9th Floor, Senapati Bapa Marg, Dadar (W), Mumbai – 400 028. T 3026 6000. Fax: 3026 60
by, at Tel: 088.
www.keyynotecapitals.com
2. US E
Economic C
Calendar:
Tuesday Wednesday
W Thursday Moonday Tues
sday
Jul 17 Jul 18 Jul 19 Ju 23
ul Jul 24
Consumer Price In
ndex Housing Starts Jobless Claims GDP Data
a ICSC-Goldm Store
man
Sales
Indu
ustrial Production EIA Pe
etroleum Statu
us Existing Home Sales
g Consume Sentiment
er FHFA Hous Price
se
Reporrt Index
Housing Market In
ndex MBA Purchase
P EIA Nattural Gas 4-Week Bill Auction
Applic
cations Report
Keynot Capitals L
te Ltd.
The Rub 9th Floor, Senapati Bapa Marg, Dadar (W), Mumbai – 400 028. T 3026 6000. Fax: 3026 60
by, at Tel: 088.
www.keyynotecapitals.com
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Keynot Capitals L
te Ltd.
The Rub 9th Floor, Senapati Bapa Marg, Dadar (W), Mumbai – 400 028. T 3026 6000. Fax: 3026 60
by, at Tel: 088.
www.keyynotecapitals.com