Weekly commodity-report by epic research 10 dec 2012

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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.

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Weekly commodity-report by epic research 10 dec 2012

  1. 1. WEEKLY COMMODITY REPORT 10TH DECEMBER 2012WWW.EPICRESEARCH.CO 9752199966
  2. 2.  HEADLINES Gold set to slide; bearish set-up for silver.. Gold formed a deep pull-back retracing more than 66% of the previous decline. However, it couldn’t extend beyond the key resistance zone of $1,790-1,800 where it  TRADING TIP: had faced resistance twice in the recent past. From there gold has started falling. The fall is sub- Buy Copper Feb dividing into lower-degree waves. Recently, gold retraced 61.8% of the first leg of the fall and started the Above 442.50 next leg down. It has broken a rising trendline. TGTS-445/450 Copper Cinches Gains Made on Jobs Report. SL-437.70 Copper prices settled higher Friday, rebounding from one-week lows, as traders cheered a better-than- expected employment report from the worlds largest economy.The most actively traded contract, for March Buy Nickel dec delivery, settled up 1.85 cents, or 0.5%, at $3.6630 a pound on the Comex division of the New York Above 958 Mercantile Exchange.Copper prices had touched a one- week low Thursday after the European Central Bank TGTS-975/995 downgraded its economic growth outlook for the euro zone. SL- 938WWW.EPICRESEARCH.CO 9752199966
  3. 3.  MCX WEEKLY GOLD CHARTANALYSISOPEN: 31250HIGH: 31340LOW: 30710CLOSE: 31326 GOLD LOOKS DOWNWARD TREND: BEARISH STRATEGY: SELL ON RISE WWW.EPICRESEARCH.CO 9752199966
  4. 4. MCX WEEKLY SILVER CHARTANALYSISOPEN: 62301HIGH: 62845LOW: 60033CLOSE: 62582 SILVER LOOKS DOWNWARD TREND: BEARISH STRATEGY: SELL ON RISE
  5. 5.  MCX WEEKLY COPPER CHARTANALYSISOPEN: 441.70HIGH: 447.70LOW: 439.95CLOSE: 444.30 COPPER LOOKS UPWARD TREND: BULLISH STRATEGY: BUY ON DIPS WWW.EPICRESEARCH.CO WWW.EPICRESEARCH.CO 9993959693 9752199966
  6. 6.  MCX WEEKLY CRUDE OIL CHARTANALYSISOPEN: 4854HIGH: 4942LOW: 4673CLOSE: 4695 CRUDE OIL LOOKS DOWNWARD TREND: BEARISH STRATEGY: SELL ON RISEwww.epicresearch.co 9752199966
  7. 7.  COMEX WEEKLY SILVER CHARTANALYSISOPEN: 33.40HIGH: 33.83LOW: 32.50CLOSE: 33.06 COMEX SILVER LOOKS DOWNWARD TREND: BEARISH STRATEGY: SELL ON RISEwww.epicresearch.co 9752199966
  8. 8.  COMEX WEEKLY GOLD CHARTANALYSISOPEN: 1713.45HIGH: 1722.53LOW: 1683.98CLOSE: 1704.31 COMEX GOLD LOOKS DOWANWARD TREND: BEARISH STRATEGY: SELL ON RISEwww.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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