WEEKLY COMMODITY REPORT
16 FEB TO 20 FEB 2015
BULLIONS WEEKLY TECHNICAL LEVELS
GOLD(APR) MCX WEEKLY CHART
WEEKLY PIVOTAL
S1 26470
S2 26248
PP 26730
R1 27952
R2 27212
TRADING STRATEGY:
MCX Gold during this week prices as expected corrected & moved downward. Gold April contract
now looking further weak on weekly chart.
For the next week we expect gold prices to find support in range of 26250 to 26200 levels. Below
26200 levels, the strong support is at 25800 & 25500 levels. Resistance is in the range of 27050
to 27200 levels. Above 27200 the strong resistance is at 27450 to 27550 levels.
WEEKLY RECOMENDATIONS:-
SELL GOLD (APR) BELOW 26850 TG 26200 / 26000 SL ABOVE 27320
BUY GOLD (APR) ABOVE 27100 TG 27550 / 27800 SL BELOW 27650
WEEKLY COMMODITY REPORT
16FEB TO 20 FEB 2015
BULLIONS WEEKLY TECHNICAL LEVELS
SILVER (MAR) MCX WEEKLY CHART
WEEKLY PIVOTAL
S1 37366
S2 36545
PP 37872
R1 38693
R2 39200
TRADING STRATEGY
MCX Silver (Mar)as seen in the weekly chart above has moved in consolidated form in range of
38400 to 37000 levels.
For the coming week, we expect Silver March contract to find support near 37200 to 37300
levels. Below 37200, strong support is at 36550 & 35900 levels.
Resistances are expected at 38800 to 39050 levels. Above 39050 levels the next resistance is at
39500 and 40500 levels.
WEEKLY RECOMENDATIONS:-
SELL SILVER (MARCH) BELOW 37500 TG 36500 / 35850 SL ABOVE 38550
BUY SILVER (MARCH) ABOVE 38700 TG 39350 / 40200 SL BELOW 37700
WEEKLY COMMODITY REPORT
16FEB TO 20 FEB 2015
ENERGY WEEKLY TECHNICAL LEVELS
CRUDE OIL (FEB) MCX WEEKLY CHART
TRADING STRATEGY:
MCX Crude oil February contract as as seen in the weekly chart above has opened the week at
3234 levels and as expected during this week price could not able to breach the resistance zone of
3350-3500 levels and corrected towards the low of 3001 levels.
WEEKLY RECOMENDATIONS:-
BUY CRUDE OIL (FEB) ABOVE 3200 TG 3380/ 3460 SL BELOW 3010
SELL CRUDE OIL (FEB) BELOW 3180 TG 2980 / 2900 SL ABOVE 3380
WEEKLY PIVOTAL
S1 3079
S2 2871
PP 3210
R1 3418
R2 3549
WEEKLY COMMODITY REPORT
16FEB TO 20 FEB 2015
COPPER (FEB) MCX WEEKLY CHART
WEEKLY PIVOTAL
S1 349
S2 342
P 356
R1 364
R2 370
WEEKLY COMMODITY REPORT
05-09-JAN-2015
TRADING STRATEGY:
MCX COPPER traded with negative bias in the previous session, but failed to breach
above recommended resistance of Rs.369 – 371 levels. Copper Feb contract supports are
placed at Rs.352 to 351 levels & below it at 347 & 345 levels. Resistance is pegged at Rs.365
– 367 levels & above it, strong resistances are at 369 to 371 levels.
WEEKLY RECOMENDATIONS:-
BUY COPPER (FEB) ABOVE 354 TG 365 / 368 SL BELOW 347
SELL COPPER (FEB) BELOW 361 TG 354 / 348 SL ABOVE 369
BASE METALS WEEKLY TECHNICAL LEVELS
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 responsibility (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 NSE and BSE.
The share price projections shown are not necessarily indicative of future price performance. The information herein, together
with all estimates 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 expressed 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

Epic research weekly commodity report 16 feb 2015

  • 1.
    WEEKLY COMMODITY REPORT 16FEB TO 20 FEB 2015
  • 2.
    BULLIONS WEEKLY TECHNICALLEVELS GOLD(APR) MCX WEEKLY CHART WEEKLY PIVOTAL S1 26470 S2 26248 PP 26730 R1 27952 R2 27212 TRADING STRATEGY: MCX Gold during this week prices as expected corrected & moved downward. Gold April contract now looking further weak on weekly chart. For the next week we expect gold prices to find support in range of 26250 to 26200 levels. Below 26200 levels, the strong support is at 25800 & 25500 levels. Resistance is in the range of 27050 to 27200 levels. Above 27200 the strong resistance is at 27450 to 27550 levels. WEEKLY RECOMENDATIONS:- SELL GOLD (APR) BELOW 26850 TG 26200 / 26000 SL ABOVE 27320 BUY GOLD (APR) ABOVE 27100 TG 27550 / 27800 SL BELOW 27650 WEEKLY COMMODITY REPORT 16FEB TO 20 FEB 2015
  • 3.
    BULLIONS WEEKLY TECHNICALLEVELS SILVER (MAR) MCX WEEKLY CHART WEEKLY PIVOTAL S1 37366 S2 36545 PP 37872 R1 38693 R2 39200 TRADING STRATEGY MCX Silver (Mar)as seen in the weekly chart above has moved in consolidated form in range of 38400 to 37000 levels. For the coming week, we expect Silver March contract to find support near 37200 to 37300 levels. Below 37200, strong support is at 36550 & 35900 levels. Resistances are expected at 38800 to 39050 levels. Above 39050 levels the next resistance is at 39500 and 40500 levels. WEEKLY RECOMENDATIONS:- SELL SILVER (MARCH) BELOW 37500 TG 36500 / 35850 SL ABOVE 38550 BUY SILVER (MARCH) ABOVE 38700 TG 39350 / 40200 SL BELOW 37700 WEEKLY COMMODITY REPORT 16FEB TO 20 FEB 2015
  • 4.
    ENERGY WEEKLY TECHNICALLEVELS CRUDE OIL (FEB) MCX WEEKLY CHART TRADING STRATEGY: MCX Crude oil February contract as as seen in the weekly chart above has opened the week at 3234 levels and as expected during this week price could not able to breach the resistance zone of 3350-3500 levels and corrected towards the low of 3001 levels. WEEKLY RECOMENDATIONS:- BUY CRUDE OIL (FEB) ABOVE 3200 TG 3380/ 3460 SL BELOW 3010 SELL CRUDE OIL (FEB) BELOW 3180 TG 2980 / 2900 SL ABOVE 3380 WEEKLY PIVOTAL S1 3079 S2 2871 PP 3210 R1 3418 R2 3549 WEEKLY COMMODITY REPORT 16FEB TO 20 FEB 2015
  • 5.
    COPPER (FEB) MCXWEEKLY CHART WEEKLY PIVOTAL S1 349 S2 342 P 356 R1 364 R2 370 WEEKLY COMMODITY REPORT 05-09-JAN-2015 TRADING STRATEGY: MCX COPPER traded with negative bias in the previous session, but failed to breach above recommended resistance of Rs.369 – 371 levels. Copper Feb contract supports are placed at Rs.352 to 351 levels & below it at 347 & 345 levels. Resistance is pegged at Rs.365 – 367 levels & above it, strong resistances are at 369 to 371 levels. WEEKLY RECOMENDATIONS:- BUY COPPER (FEB) ABOVE 354 TG 365 / 368 SL BELOW 347 SELL COPPER (FEB) BELOW 361 TG 354 / 348 SL ABOVE 369 BASE METALS WEEKLY TECHNICAL LEVELS
  • 6.
    The information andviews 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 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 NSE and BSE. The share price projections shown are not necessarily indicative of future price performance. The information herein, together with all estimates 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 expressed 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