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WEEKLY COMMODITY REPORT
18TH MAY TO 22ND MAY 2015
BULLIONS WEEKLY TECHNICAL LEVELS
GOLD(JUNE) MCX WEEKLY CHART
WEEKLY PIVOTAL
S1 26962
S2 26462
PP 26279
R1 27779
R2 28096
TRADING STRATEGY:
MCX Gold JUNE contract during this week as expected breached the resistance zone of 27050 to
27120 levels & made new high of 27595 level. Gold June contract, now expected to trade in
positive territory due of waning of immediate interest rate hike & unexpected Non-farm
employment , CPI, PPI & Retail sales data from U.S.
For the next week we expect Gold June contract prices to find support in range of 26250 levels.
Below 26250 levels, the next support is at 26000 & strong support at 25750 levels.
Resistances are in the range of 27810 to 27825 levels. Above 27825 the next resistance is at
28100 levels & strong resistance are at 28500 to 28550 levels.
WEEKLY RECOMENDATIONS:-
SELL GOLD (JUNE) BELOW 26900 TG 26450 / 26100 SL ABOVE 27250
BUY GOLD (JUNE) ABOVE 27570 T0 27565 TG 28200 / 28500 SL BELOW 26950
WEEKLY COMMODITY REPORT
18TH MAY TO 22ND MAY 2015
BULLIONS WEEKLY TECHNICAL LEVELS
SILVER (JULY) MCX WEEKLY CHART
WEEKLY PIVOTAL
S1 38271
S2 36590
PP 39200
R1 40881
R2 41810
WEEKLY COMMODITY REPORT
18TH MAY TO 22ND MAY 2015
TRADING STRATEGY
MCX Silver July Contract, as seen in the weekly chart breached the resistance of trend line.
Also, Silver is getting impact of both Gold & Copper which are now positive on weekly charts &
So, Silver July contract is now expected to move upward supported by fundamental reasons
too.
For the coming week, we expect Silver July contract to find support near 39470 to 39450 levels.
Below 39450, strong support is at 39000 & 38500 levels & below it at 38100 levels.
Resistances are expected at 40600 to 40650 levels. Above 40650 levels the next resistance is at
41150 & 41750 levels.
WEEKLY RECOMENDATIONS:-
SELL SILVER (JULY) BELOW 39350 TG 38450 / 37750 SL ABOVE 40150
BUY SILVER (JULY) ABOVE 39950 TG 40880 / 41450 SL BELOW 39000
TRADING STRATEGY:
MCX Crude oil June contract has shown a good bounce-off from lower support of 3700 levels .
Overall the market sentiment, after a couple of weeks momentum looking weak now & expected to
remain range bound in lack of trigger from domestic & International market. Crude oil June contract
as expected during this week price breached the resistance zone of 3720-3725 levels and
recovered to 4040 levels. It is now, expected to remain volatile in coming week.
Crude Oil May contract having support at 3820 to 3800 levels below it at 3740 to 3720 levels &
strong supports at 3650 & 3570 levels.
Resistances are at 3920 levels & above it at 3990 to 4000 levels & strong resistance at 4070 &
4125 levels.
WEEKLY RECOMENDATIONS:-
SELL CRUDE OIL (JUNE) BELOW 3810 TG 3720 / 3665 SL ABOVE 3925
BUY CRUDE OIL (JUNE) ABOVE 3930 TO 3925 TG 4050 / 4110 SL BELOW 3800
WEEKLY COMMODITY REPORT
05-09-JAN-2015
WEEKLY COMMODITY REPORT
18TH MAY TO 22ND MAY 2015
ENERGY WEEKLY TECHNICAL LEVELS
CRUDE OIL (JUNE) MCX WEEKLY CHART
WEEKLY PIVOTAL
S1 3756
S2 3654
PP 3898
R1 4000
R2 4142
COPPER (JUNE) MCX WEEKLY CHART
BASE METALS WEEKLY TECHNICAL LEVELS
WEEKLY PIVOTAL
S1 407
S2 402
PP `414
R1 419
R2 426
TRADING STRATEGY:
MCX COPPER June contract remain bullish in the week under the influence of fundamental
factors around the world especially China where the HSBC reading came less than 12 years
data, & so the Chinese Govt. decided to further give stimulus package for boosting the economy.
Now, Copper April contract is looking strong on weekly chart & expected to move upward further
to 422 to 432 & 430 levels.
For the next week, Copper June contract supports are at 405 to 401 levels. Below 401, at 397-
395 levels & strong support at 388 levels.
Resistance are at 421 to 424 levels. Above it at 428 - 430 levels & Strong resistance is at 437 &
439 levels.
WEEKLY RECOMENDATIONS:-
SELL COPPER JUNE BELOW 418 TG 409 / 403 SL ABOVE 421
BUY COPPER JUNE ABOVE 422 TG 432 / 435 SL BELOW 412
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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.
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positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at his free will
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Epic research weekly commodity report 18th to 22nd may 2015

  • 1. WEEKLY COMMODITY REPORT 18TH MAY TO 22ND MAY 2015
  • 2. BULLIONS WEEKLY TECHNICAL LEVELS GOLD(JUNE) MCX WEEKLY CHART WEEKLY PIVOTAL S1 26962 S2 26462 PP 26279 R1 27779 R2 28096 TRADING STRATEGY: MCX Gold JUNE contract during this week as expected breached the resistance zone of 27050 to 27120 levels & made new high of 27595 level. Gold June contract, now expected to trade in positive territory due of waning of immediate interest rate hike & unexpected Non-farm employment , CPI, PPI & Retail sales data from U.S. For the next week we expect Gold June contract prices to find support in range of 26250 levels. Below 26250 levels, the next support is at 26000 & strong support at 25750 levels. Resistances are in the range of 27810 to 27825 levels. Above 27825 the next resistance is at 28100 levels & strong resistance are at 28500 to 28550 levels. WEEKLY RECOMENDATIONS:- SELL GOLD (JUNE) BELOW 26900 TG 26450 / 26100 SL ABOVE 27250 BUY GOLD (JUNE) ABOVE 27570 T0 27565 TG 28200 / 28500 SL BELOW 26950 WEEKLY COMMODITY REPORT 18TH MAY TO 22ND MAY 2015
  • 3. BULLIONS WEEKLY TECHNICAL LEVELS SILVER (JULY) MCX WEEKLY CHART WEEKLY PIVOTAL S1 38271 S2 36590 PP 39200 R1 40881 R2 41810 WEEKLY COMMODITY REPORT 18TH MAY TO 22ND MAY 2015 TRADING STRATEGY MCX Silver July Contract, as seen in the weekly chart breached the resistance of trend line. Also, Silver is getting impact of both Gold & Copper which are now positive on weekly charts & So, Silver July contract is now expected to move upward supported by fundamental reasons too. For the coming week, we expect Silver July contract to find support near 39470 to 39450 levels. Below 39450, strong support is at 39000 & 38500 levels & below it at 38100 levels. Resistances are expected at 40600 to 40650 levels. Above 40650 levels the next resistance is at 41150 & 41750 levels. WEEKLY RECOMENDATIONS:- SELL SILVER (JULY) BELOW 39350 TG 38450 / 37750 SL ABOVE 40150 BUY SILVER (JULY) ABOVE 39950 TG 40880 / 41450 SL BELOW 39000
  • 4. TRADING STRATEGY: MCX Crude oil June contract has shown a good bounce-off from lower support of 3700 levels . Overall the market sentiment, after a couple of weeks momentum looking weak now & expected to remain range bound in lack of trigger from domestic & International market. Crude oil June contract as expected during this week price breached the resistance zone of 3720-3725 levels and recovered to 4040 levels. It is now, expected to remain volatile in coming week. Crude Oil May contract having support at 3820 to 3800 levels below it at 3740 to 3720 levels & strong supports at 3650 & 3570 levels. Resistances are at 3920 levels & above it at 3990 to 4000 levels & strong resistance at 4070 & 4125 levels. WEEKLY RECOMENDATIONS:- SELL CRUDE OIL (JUNE) BELOW 3810 TG 3720 / 3665 SL ABOVE 3925 BUY CRUDE OIL (JUNE) ABOVE 3930 TO 3925 TG 4050 / 4110 SL BELOW 3800 WEEKLY COMMODITY REPORT 05-09-JAN-2015 WEEKLY COMMODITY REPORT 18TH MAY TO 22ND MAY 2015 ENERGY WEEKLY TECHNICAL LEVELS CRUDE OIL (JUNE) MCX WEEKLY CHART WEEKLY PIVOTAL S1 3756 S2 3654 PP 3898 R1 4000 R2 4142
  • 5. COPPER (JUNE) MCX WEEKLY CHART BASE METALS WEEKLY TECHNICAL LEVELS WEEKLY PIVOTAL S1 407 S2 402 PP `414 R1 419 R2 426 TRADING STRATEGY: MCX COPPER June contract remain bullish in the week under the influence of fundamental factors around the world especially China where the HSBC reading came less than 12 years data, & so the Chinese Govt. decided to further give stimulus package for boosting the economy. Now, Copper April contract is looking strong on weekly chart & expected to move upward further to 422 to 432 & 430 levels. For the next week, Copper June contract supports are at 405 to 401 levels. Below 401, at 397- 395 levels & strong support at 388 levels. Resistance are at 421 to 424 levels. Above it at 428 - 430 levels & Strong resistance is at 437 & 439 levels. WEEKLY RECOMENDATIONS:- SELL COPPER JUNE BELOW 418 TG 409 / 403 SL ABOVE 421 BUY COPPER JUNE ABOVE 422 TG 432 / 435 SL BELOW 412
  • 6. 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