Comex report-daily by epic research 04.04.13

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Comex report-daily by epic research 04.04.13

  1. 1. COMEX REPORT REPORT 4 APRIL 2013 TH
  2. 2. 8 NEWS RADAR Copper settled with slight gains on Tuesday, steadying after the previous days seven-month low after data showed U.S. orders for manufactured goods rose in February. The most-actively traded copper contract, for May delivery, rose 0.4 cent, or 0.1%, to settle at $3.3785 a pound on the Comex division of the New York Mercantile Exchange. U.S. orders for manufactured goods rose 3% in February, the Commerce Department said on Tuesday, reversing a decline from the prior month. The data matched economists expectations, and snapped a streak of weaker-than-expected reports that had weighed on the copper market this week. In response, some investors who had placed bets on lower copper prices during the markets run to seven month lows cashed out, traders said. TRADING TIPS EXPERT OPINION  SELL GOLD BELOW 1561 TGS  GOLD LOOKS BEARISH 1555/1550 SL 1566  SILVER LOOKS BEARISH  SELL SILVER BELOW 26.90  CRUDE OIL LOOKS BEARISH TGS 26.70/26.50 SL 27.10  COPPER LOOKS BEARISH  SELL COPPER BELOW 3.3313  NGAS LOOKS BEARISH TGS 3.3113/3.2913 SL  LEAD LOOKS BEARISH 3.3513  NICKEL LOOKS BEARISH  SELL CRUDE AROUND 96.31  ALUMINIUM LOOKS BEARSIH TGS 96.11/95.91 SL 96.51  ZINC LOOKS BEARISH
  3. 3. GOLD HOURLY CHARTS1 S2 R1 R21560 1555 1580 1590 GOLD LOOKS BEARISH SELL AROUND 159.00 LEVEL IS SUGGESTED AND RECOMMENDED TO BOOK PROFIT NEAR 1590.00 LEVEL AND MAINTAINING SL OF 1602.00
  4. 4. SILVER HOURLY CHART S1 S2 R1 R227.00 26.80 27.50 27.70 SILVER LOOKS BEARISH SELL AROUND 27.90 LEVEL IS SUGGESTED AND RECOMMENDED TO BOOK PROFIT NEAR 27.70 LEVEL AND MAINTAINING SL OF 28.10
  5. 5. COPPER HOURLY CHART S1 S2 R1 R23.3300 3.3100 3.3700 3.3900 COPPER LOOKS BEARISH SELL AROUND 3.3530 LEVEL IS SUGGESTED AND RECOMMENDED TO BOOK PROFIT NEAR 3.3330 LEVEL AND MAINTAINING SL OF 3.3730 0
  6. 6. CRUDE OIL HOURLY CHART S1 S2 R1 R296.40 96.20 96.80 97.0 CRUDE LOOKS BEARISH SELL AROUND 96.60 LEVEL IS SUGGESTED AND RECOMMENDED TO BOOK PROFIT NEAR 96.40 LEVEL AND MAINTAINING SL OF 96.80
  7. 7. MARKET STATISTICS OPEN HIGH LOW CLOSE GOLD 1599.18 1603.62 1573.58 1575.82 SILVER 27.99 28.16 27.18 27.25 CRUDE 96.98 97.42 95.91 96.90 COPPER 3.3655 3.3770 3.3368 3.3560 NGAS 4.026 4.039 3.940 3.956ALUMINIUM 1900.00 1901.26 1873.76 1884.48 LEAD 2097.75 2109.25 2050.88 2056.63 NICKEL 16620.50 16688.00 16237.00 16376.00 ECONOMIC CALENDAR DATE CURRENCY FORECAST PREVIOUS Apr 4 USD Unemployment Claims 354K 357K Apr 4 USD Fed Chairman Bernanke Speaks
  8. 8. DisclaimerThe information and views in this report, our website & all the service we provide are believed to bereliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have theright to choose 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. Thereport does not provide individually tailor-made investment advice. Epic research recommends thatinvestors independently evaluate particular investments and strategies, and encourages investors toseek the advice of a financial adviser. Epic research shall not be responsible for any transactionconducted based on the information given in this report, which is in violation of rules and regulations ofNSE and BSE.The share price projections shown are not necessarily indicative of future price performance. Theinformation herein, together with all estimates and forecasts, can change without notice. Analyst or anyperson related to epic research might be holding positions in the stocks recommended. It is understoodthat anyone who is browsing through the site has done so at his free will and does not read any viewsexpressed as a recommendation for which either the site or its owners or anyone can be heldresponsible 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 forany loss incurred whatsoever for any financial profits or loss which may arise from therecommendations above epic research does not purport to be an invitation or an offer to buy or sell anyfinancial instrument. Our Clients (Paid Or Unpaid), Any third party or anyone else have no rights toforward or share our calls or SMS or Report or Any Information Provided by us to/with anyone which isreceived directly or indirectly by them. If found so then Serious Legal Actions can be taken.

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