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YOUR MINTVISORY Call us at +91-731-6642300
10 Mar 2016
DAILY COMMODITY REPORT
Our Presence
Epic Research India
411 Milinda Manor (Suites 409- 417)
2 RNT Marg. Opp Cental Mall
Indore (M.P.)
Hotline: +91 731 664 2300
Or give us a missed call at
026 5309 0639
HNI & NRI Sales Contact Australia
Mintara Road, Tarneit, Victoria. Post Code 3029
Phone.: +61 422 063855
HNI & NRI Sales Contact USA
2117 Arbor Vista Dr. Charlotte (NC)
Cell: +1 704 249 2315
Toll Free Number
1-800-200-9454
All queries should be directed to
Info@epicresearch.co
YOUR MINTVISORY Call us at +91-731-6642300
10 Mar 2016
COMMODITY CONTRACT OPEN PRICE HIGH LOW CLOSE PRICE OI (in lots)
GOLD 05-Apr 29666 29718 29301 29598 8256
SILVER 05-May 37160 37373 36884 37228 8549
CRUDEOIL 18-Mar 2480 2570 2468 2546 21296
NATURAL GAS 28-Mar 116.6 120.40 116.30 119.70 18181
COPPER 29-Apr 332.55 337.05 332.35 334.60 13175
NICKEL 31-Mar 586 601.70 586 599 14335
LEAD 31-Mar 122.90 125.25 122.70 124 3248
ZINC 31-Mar 118.40 121.90 118.40 120.85 3535
ALUMINIUM 31-Mar 105.85 106.40 105.10 106.25 2896
DAILY MARKET WRAPUP
METAL TONNES IN STORAGE ( MT )
ALUMINIUM +3350
COPPER -2875
LEAD -32425
NICKEL +1416
ZINC -1925
LME WAREHOUSE STOCKS (09-MAR- 2016)
YOUR MINTVISORY Call us at +91-731-6642300
10 Mar 2016
COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT
Crude Oil (WTI) USD/bbl. 38.21 -0.08 -0.21% MAR 16
Crude Oil (Brent) USD/bbl. 40.88 -0.19 -0.46% APR 16
RBOB Gasoline USd/gal. 146.75 -0.30 -0.20% MAR 16
NYMEX Natural Gas USD/MMBtu 1.77 +0.02 +0.86% MAR 16
NYMEX Heating Oil USd/gal. 122.90 -0.37 -0.30% MAR 16
COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT
COMEX Gold USD/tz 1250.90 -6.50 -0.52% APR 16
Gold Spot USD/t oz. 1249.60 -3.63 -0.29% N/A
COMEX Silver USD/t oz. 15.30 -0.07 -0.46% Mar 16
COMEX Copper USd/lb. 223.75 +0.50 +0.22% Mar 16
Platinum Spot USD/t oz. 978.35 -1.05 -0.11% N/A
INTERNATIONAL MARKETS
ENERGY COMMODITY FUTURES
PRECIOUS AND INDUSTRY METALS
YOUR MINTVISORY Call us at +91-731-6642300
10 Mar 2016
MOST ACTIVE CONTRACTS
Symbol Expiry Date LTP Value (In Lacs) Volume (In Lots)
CRUDEOIL MINI 18-03-2016 2547.00 67,77,04,640.00 2,73,268
CRUDE OIL 18-03-2016 2546.00 55,40,14,357.00 2,23,483
NICKEL 31-03-2016 599.00 3,46,19,558.60 59,494
SILVERMICRO 29-04-2016 37245.00 2,09,69,75,198.00 55,894
NATURAL GAS 28-03-2016 119.70 58,28,846.40 50,076
COPPER 29-04-2016 334.60 1,53,71,101.85 46,111
NICKELMINI 31-03-2016 599.00 2,33,98,146.00 40,203
GOLD M 05-04-2016 29597.00 1,07,25,24,288.00 35,904
COPPERMINI 29-04-2016 334.55 1,15,00,908.35 34,501
ZINCMINI 31-03-2016 120.85 38,55,094.70 32,423
YOUR MINTVISORY Call us at +91-731-6642300
10 Mar 2016
COMMODITY EXPIRY SUP.2 SUP.1 PIVOT RES.1 RES.2
GOLD 05-Apr 29122.00 29360.00 29539.00 29777.00 29956.00
SILVER 05-May 36672.00 36950.00 37161.00 37439.00 37650.00
CRUDEOIL 19-Apr 2426.00 2486.00 2528.00 2588.00 2630.00
NATURAL GAS 28-Mar 114.70 117.20 118.80 121.30 122.90
COPPER 29-Apr 329.90 332.30 334.65 336.95 339.35
NICKEL 31-Mar 579.80 589.40 595.60 605.10 611.30
LEAD 31-Mar 121.45 122.75 124 125.25 126.55
ZINC 31-Mar 116.90 118.85 120.40 122.35 123.90
ALUMINIUM 31-Mar 104.60 105.45 105.90 106.75 107.25
INTRADAY SUPPORT AND RESISTANCE
YOUR MINTVISORY Call us at +91-731-6642300
10 Mar 2016
COMMODITY NEWS
COMMODITY HEADLINES
 Warm weather outlook weighs on Natural gas.
 Zinc down due to low demand .
 Gold fades of safe haven demand .
 Oil bull return as inventory came as expected.
 Copper range bound due to waiting of ECB metting .
YOUR MINTVISORY Call us at +91-731-6642300
10 Mar 2016
SPECIAL NEWS
Traders were erring on the side of caution ahead of the European Central Bank (ECB)
policy meet on Thursday in which the Frankfurt-based central bank could unveil
fresh easing measures to boost growth and inflation the 19-member Euro area econ-
omy. The ECB is likely to cut its deposit rate by another 10 basis points and may
boost its asset buying program. Gold being a hedge against the inflationary risk of
monetary stimulus will benefit from further monetary easing by central banks.
COMMODITY BUZZ
 Copper closed at Rs 334.60 per kg on 9 March 2016 against Rs 333.85 per kg on 8
March 2016. The prices of MCX Copper were swinging between gains and losses in
the intraday trades. Dejection on account of weak Chinese trade data is still haunt-
ing the prices. Meanwhile, Dollar index which measures the greenback's strength
against a trade-weighted basket of six major currencies, was up 0.2% to 97.36 dur-
ing European morning hours.
 China Copper industry is urging the government to allow the blending of raw ma-
terial copper concentrate imports when they land at the country's ports, which will
allow for cheaper though toxic supply to arrive.
 Li Baomin, who is the chairman of China's biggest integrated copper producer Ji-
angxi Copper Co Ltd, proposed the government allow blending operations in spe-
cial administrative areas at ports to help stabilize supplies of copper concentrates
and cut buying costs, according to a report by China Nonferrous Metals.
COMMODITY BUZZ AND ECONOMIC EVENTS
YOUR MINTVISORY Call us at +91-731-6642300
10 Mar 2016
EPIC RESEARCH– ANALYST SPEAKS
GOLD
BUY GOLD APR ABOVE 29800 TARGET 30100 30250 SL BELOW 29600
SELL GOLD APR BELOW 29500 TARGET 29250 29050 SL ABOVE 29750
Major movement in Gold Mcx : Gold Short term trend is down, Gold mcx closed @ 29598.
Gold return from 29718 and goes to low of 29301 .for keep a close eye on US data, Volatility may Rule the overall market
due to USD/INR & USD DOLLER MOVEMENTS.
YOUR MINTVISORY Call us at +91-731-6642300
10 Mar 2016
EPIC RESEARCH– ANALYST SPEAKS
SILVER
BUY SILVER MAY ABOVE 37700 TARGET 38100 38400 SL BELOW 37400
SELL SILVER MAY BELOW 37200 TARGET 36900 36700 SL ABOVE 37600
Major movement in Silver Mcx : Silver short term trend is down, silver mcx closed @ 37228.
Silver return from 37374 and goes to low of 36884 .for keep a close eye on US data, Volatility may Rule the overall mar-
ket due to USD/INR & USD DOLLER MOVEMENTS.
.
YOUR MINTVISORY Call us at +91-731-6642300
10 Mar 2016
THURSDAY, 10 MARCH
TIME COUNTRY EVENT ACTUAL FORECAST PREVIOUS
01:30 EUR FRENCH NON-FARM PAYROLLS - 0.20% 2.0%
2:00 EUR GERMAN TRADE BALANCE - 19.6B 18.8B
07:45 EUR DEPOSIT FACILITY RATE - -0.40% -0.30%
07:45 EUR INTEREST RATE DECISION - 0.05% 0.05%
08:00 RUB CENTRAL BANK RESERVES - - 379.8B
08:30 USD INITIAL JOBLESS CLAIMS - 275K 278K
08:30 EUR ECB PRESS CONFERENCE - -
10:30 USD NATURAL GAS STORAGE - -57B -48B
14:00 USD FEDERAL BUDGET BALANCE - -200.B 55.2B
16:00 CAD BOC GOV POLOZ SPEAKS - - -
TODAY’S ECONOMIC EVENTS
YOUR MINTVISORY Call us at +91-731-6642300
10 Mar 2016
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 re-
sponsibility (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 MCX
The share price projections shown are not necessarily indicative of future price performance. The information herein, together with all es-
timates 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 ex-
pressed 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.
DISCLAIMER

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Epic research daily commodity report_10_march_2016

  • 1. YOUR MINTVISORY Call us at +91-731-6642300 10 Mar 2016 DAILY COMMODITY REPORT Our Presence Epic Research India 411 Milinda Manor (Suites 409- 417) 2 RNT Marg. Opp Cental Mall Indore (M.P.) Hotline: +91 731 664 2300 Or give us a missed call at 026 5309 0639 HNI & NRI Sales Contact Australia Mintara Road, Tarneit, Victoria. Post Code 3029 Phone.: +61 422 063855 HNI & NRI Sales Contact USA 2117 Arbor Vista Dr. Charlotte (NC) Cell: +1 704 249 2315 Toll Free Number 1-800-200-9454 All queries should be directed to Info@epicresearch.co
  • 2. YOUR MINTVISORY Call us at +91-731-6642300 10 Mar 2016 COMMODITY CONTRACT OPEN PRICE HIGH LOW CLOSE PRICE OI (in lots) GOLD 05-Apr 29666 29718 29301 29598 8256 SILVER 05-May 37160 37373 36884 37228 8549 CRUDEOIL 18-Mar 2480 2570 2468 2546 21296 NATURAL GAS 28-Mar 116.6 120.40 116.30 119.70 18181 COPPER 29-Apr 332.55 337.05 332.35 334.60 13175 NICKEL 31-Mar 586 601.70 586 599 14335 LEAD 31-Mar 122.90 125.25 122.70 124 3248 ZINC 31-Mar 118.40 121.90 118.40 120.85 3535 ALUMINIUM 31-Mar 105.85 106.40 105.10 106.25 2896 DAILY MARKET WRAPUP METAL TONNES IN STORAGE ( MT ) ALUMINIUM +3350 COPPER -2875 LEAD -32425 NICKEL +1416 ZINC -1925 LME WAREHOUSE STOCKS (09-MAR- 2016)
  • 3. YOUR MINTVISORY Call us at +91-731-6642300 10 Mar 2016 COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT Crude Oil (WTI) USD/bbl. 38.21 -0.08 -0.21% MAR 16 Crude Oil (Brent) USD/bbl. 40.88 -0.19 -0.46% APR 16 RBOB Gasoline USd/gal. 146.75 -0.30 -0.20% MAR 16 NYMEX Natural Gas USD/MMBtu 1.77 +0.02 +0.86% MAR 16 NYMEX Heating Oil USd/gal. 122.90 -0.37 -0.30% MAR 16 COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT COMEX Gold USD/tz 1250.90 -6.50 -0.52% APR 16 Gold Spot USD/t oz. 1249.60 -3.63 -0.29% N/A COMEX Silver USD/t oz. 15.30 -0.07 -0.46% Mar 16 COMEX Copper USd/lb. 223.75 +0.50 +0.22% Mar 16 Platinum Spot USD/t oz. 978.35 -1.05 -0.11% N/A INTERNATIONAL MARKETS ENERGY COMMODITY FUTURES PRECIOUS AND INDUSTRY METALS
  • 4. YOUR MINTVISORY Call us at +91-731-6642300 10 Mar 2016 MOST ACTIVE CONTRACTS Symbol Expiry Date LTP Value (In Lacs) Volume (In Lots) CRUDEOIL MINI 18-03-2016 2547.00 67,77,04,640.00 2,73,268 CRUDE OIL 18-03-2016 2546.00 55,40,14,357.00 2,23,483 NICKEL 31-03-2016 599.00 3,46,19,558.60 59,494 SILVERMICRO 29-04-2016 37245.00 2,09,69,75,198.00 55,894 NATURAL GAS 28-03-2016 119.70 58,28,846.40 50,076 COPPER 29-04-2016 334.60 1,53,71,101.85 46,111 NICKELMINI 31-03-2016 599.00 2,33,98,146.00 40,203 GOLD M 05-04-2016 29597.00 1,07,25,24,288.00 35,904 COPPERMINI 29-04-2016 334.55 1,15,00,908.35 34,501 ZINCMINI 31-03-2016 120.85 38,55,094.70 32,423
  • 5. YOUR MINTVISORY Call us at +91-731-6642300 10 Mar 2016 COMMODITY EXPIRY SUP.2 SUP.1 PIVOT RES.1 RES.2 GOLD 05-Apr 29122.00 29360.00 29539.00 29777.00 29956.00 SILVER 05-May 36672.00 36950.00 37161.00 37439.00 37650.00 CRUDEOIL 19-Apr 2426.00 2486.00 2528.00 2588.00 2630.00 NATURAL GAS 28-Mar 114.70 117.20 118.80 121.30 122.90 COPPER 29-Apr 329.90 332.30 334.65 336.95 339.35 NICKEL 31-Mar 579.80 589.40 595.60 605.10 611.30 LEAD 31-Mar 121.45 122.75 124 125.25 126.55 ZINC 31-Mar 116.90 118.85 120.40 122.35 123.90 ALUMINIUM 31-Mar 104.60 105.45 105.90 106.75 107.25 INTRADAY SUPPORT AND RESISTANCE
  • 6. YOUR MINTVISORY Call us at +91-731-6642300 10 Mar 2016 COMMODITY NEWS COMMODITY HEADLINES  Warm weather outlook weighs on Natural gas.  Zinc down due to low demand .  Gold fades of safe haven demand .  Oil bull return as inventory came as expected.  Copper range bound due to waiting of ECB metting .
  • 7. YOUR MINTVISORY Call us at +91-731-6642300 10 Mar 2016 SPECIAL NEWS Traders were erring on the side of caution ahead of the European Central Bank (ECB) policy meet on Thursday in which the Frankfurt-based central bank could unveil fresh easing measures to boost growth and inflation the 19-member Euro area econ- omy. The ECB is likely to cut its deposit rate by another 10 basis points and may boost its asset buying program. Gold being a hedge against the inflationary risk of monetary stimulus will benefit from further monetary easing by central banks. COMMODITY BUZZ  Copper closed at Rs 334.60 per kg on 9 March 2016 against Rs 333.85 per kg on 8 March 2016. The prices of MCX Copper were swinging between gains and losses in the intraday trades. Dejection on account of weak Chinese trade data is still haunt- ing the prices. Meanwhile, Dollar index which measures the greenback's strength against a trade-weighted basket of six major currencies, was up 0.2% to 97.36 dur- ing European morning hours.  China Copper industry is urging the government to allow the blending of raw ma- terial copper concentrate imports when they land at the country's ports, which will allow for cheaper though toxic supply to arrive.  Li Baomin, who is the chairman of China's biggest integrated copper producer Ji- angxi Copper Co Ltd, proposed the government allow blending operations in spe- cial administrative areas at ports to help stabilize supplies of copper concentrates and cut buying costs, according to a report by China Nonferrous Metals. COMMODITY BUZZ AND ECONOMIC EVENTS
  • 8. YOUR MINTVISORY Call us at +91-731-6642300 10 Mar 2016 EPIC RESEARCH– ANALYST SPEAKS GOLD BUY GOLD APR ABOVE 29800 TARGET 30100 30250 SL BELOW 29600 SELL GOLD APR BELOW 29500 TARGET 29250 29050 SL ABOVE 29750 Major movement in Gold Mcx : Gold Short term trend is down, Gold mcx closed @ 29598. Gold return from 29718 and goes to low of 29301 .for keep a close eye on US data, Volatility may Rule the overall market due to USD/INR & USD DOLLER MOVEMENTS.
  • 9. YOUR MINTVISORY Call us at +91-731-6642300 10 Mar 2016 EPIC RESEARCH– ANALYST SPEAKS SILVER BUY SILVER MAY ABOVE 37700 TARGET 38100 38400 SL BELOW 37400 SELL SILVER MAY BELOW 37200 TARGET 36900 36700 SL ABOVE 37600 Major movement in Silver Mcx : Silver short term trend is down, silver mcx closed @ 37228. Silver return from 37374 and goes to low of 36884 .for keep a close eye on US data, Volatility may Rule the overall mar- ket due to USD/INR & USD DOLLER MOVEMENTS. .
  • 10. YOUR MINTVISORY Call us at +91-731-6642300 10 Mar 2016 THURSDAY, 10 MARCH TIME COUNTRY EVENT ACTUAL FORECAST PREVIOUS 01:30 EUR FRENCH NON-FARM PAYROLLS - 0.20% 2.0% 2:00 EUR GERMAN TRADE BALANCE - 19.6B 18.8B 07:45 EUR DEPOSIT FACILITY RATE - -0.40% -0.30% 07:45 EUR INTEREST RATE DECISION - 0.05% 0.05% 08:00 RUB CENTRAL BANK RESERVES - - 379.8B 08:30 USD INITIAL JOBLESS CLAIMS - 275K 278K 08:30 EUR ECB PRESS CONFERENCE - - 10:30 USD NATURAL GAS STORAGE - -57B -48B 14:00 USD FEDERAL BUDGET BALANCE - -200.B 55.2B 16:00 CAD BOC GOV POLOZ SPEAKS - - - TODAY’S ECONOMIC EVENTS
  • 11. YOUR MINTVISORY Call us at +91-731-6642300 10 Mar 2016 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 re- sponsibility (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 MCX The share price projections shown are not necessarily indicative of future price performance. The information herein, together with all es- timates 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 ex- pressed 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. DISCLAIMER