Weekly commodity-report by epic research 11 march 2013

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Weekly commodity-report by epic research 11 march 2013

  1. 1. WEEKLY COMMODITY REPORT 11TH MARCH 2013WWW.EPICRESEARCH.CO 9752199966
  2. 2.  HEADLINES Gold flat after U.S. payrolls, palladium rises on demand hope. Gold traded flat, ending the week with a slight gain, after data showed improvement in the U.S. economy but not enough for the Federal Reserve to halt its  TRADING TIP: stimulus, analysts said. Palladium rose more than 3 percent to a 19-month high as supply worries and Sell Silver May booming auto demand sparked fund buying. Increased physical deliveries in U.S. palladium futures also Below 54760 suggested rising demand from end-users. Gold fell 1 percent earlier in the session after data showed U.S. TGTS-54400/54000 employers added an encouraging 236,000 workers to SL- 55000 their payrolls in February and the jobless rate dropped to a four-yearlow. Base metals deflate in run-up to US jobs report, copper hit by stockpile increase Buy Crude Oil Mar Base metals gradually lost ground. LME premarket Above 5011 trading, repeating the pattern of the past few days, where gains in Asia were not sustained and TGTS-5040/5090 subsequently reversed. Metals continue to lack follow- through on tentative advances, with short-term SL-4980 negativity offsetting wider financial market strength. Still, business was low-key and ranges narrow while financial markets marked time ahead of the US February jobs report.WWW.EPICRESEARCH.CO 9752199966
  3. 3.  MCX WEEKLY GOLD CHARTANALYSISOPEN: 29770HIGH: 29770LOW: 29111CLOSE: 29345 GOLD LOOKS DOWNWARD TREND: BEARISH STRATEGY: SELL ON RISE WWW.EPICRESEARCH.CO 9752199966
  4. 4. MCX WEEKLY SILVER CHARTANALYSISOPEN: 54240HIGH: 55500LOW: 53587CLOSE: 54855 SILVER LOOKS DOWNWARD TREND: BEARISH STRATEGY: SELL ON RISE
  5. 5.  MCX WEEKLY COPPER CHARTANALYSISOPEN: 430.30HIGH: 432.30LOW: 424.00CLOSE: 425.25 COPPER LOOKS DOWNWARD TREND: BEARISH STRATEGY: SELL ON RISE WWW.EPICRESEARCH.CO WWW.EPICRESEARCH.CO 9993959693 9752199966
  6. 6.  MCX WEEKLY CRUDE OIL CHARTANALYSISOPEN: 5010HIGH: 5010LOW: 4925CLOSE: 4991 CRUDE OIL LOOKS SIDEWAYS TREND: CONSOLIDATE STRATEGY: SELL ON RISEwww.epicresearch.co 9752199966
  7. 7.  COMEX WEEKLY SILVER CHARTANALYSISOPEN: 28.64HIGH: 29.24LOW: 28.32CLOSE: 28.94 COMEX SILVER LOOKS DOWNWARD TREND: BEARISH STRATEGY: SELL ON RISEwww.epicresearch.co 9752199966
  8. 8.  COMEX WEEKLY GOLD CHARTANALYSISOPEN: 1578.38HIGH: 1586.18LOW: 1561.28CLOSE: 1577.84 COMEX GOLD LOOKS DOWNWARD 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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