WEEKLY COMMODITY REPORT
21ST MARCH TO 25TH MARCH 2016
BULLIONS WEEKLY TECHNICAL LEVELS
GOLD(APRIL) MCX WEEKLY CHART
WEEKLY PIVOTAL
S1 28802
S2 28473
PP 29201
R1 29530
R2 29929
TRADING STRATEGY:
MCX Gold APRIL contract, not able to breach its previous week's high and traded in downside
territory ,made weekly low of 28872.Minor Support is at the bottom of $1230-$1200 and major
support at $1180. Below this on closing basis it can touch to $1160-$1133.
For the next week we expect Gold APRIL contract prices to be range-bound 28800-30000.
Again,support in range of 29050 to 28940 levels. Below 28700 levels, the next support is at
28400-28000 & strong support at 27800 & 27350 levels.
Resistances are in the range of 29706 to 29925 levels. Above 30100 the next resistance is at
30300 levels & strong resistance are at 30900 levels.
WEEKLY RECOMENDATIONS:-
SELL GOLD APRIL AROUND 29200 TG 28950 / 28800 SL ABOVE 29425
BUY GOLD APRIL ABOVE 29510 TG 29750 /29900 SL BELOW 29250
WEEKLY COMMODITY REPORT
22nd JUNE TO 27th JUNE 2015
BULLIONS WEEKLY TECHNICAL LEVELS
SILVER (MAY) MCX WEEKLY CHART
WEEKLY PIVOTAL
S1 36878
S2 36000
PP 37733
R1 38611
R2 39466
TRADING STRATEGY
MCX Silver MAY Contract, able to breach its previous week's high and traded in positive territory
closed around 37756 level. Overall trend of silver is in downtrend but the crucial support level of
silver at $15.20 and resistance level at $16.
For the coming week, we expect Silver MAY contract to go down 37000 to 36900 levels. Below
36500, strong support is at 36170 levels & below it at 35800 levels.
Resistances are expected at 37900 to 38000 levels. Above 38200 levels the next resistance is at
38600 & 39000 levels.
WEEKLY RECOMENDATIONS:-
SELL SILVER MAY BELOW 37400 TG 37000/ 36900 SL ABOVE 37800
BUY SILVER MAY ABOVE 38600 TG 39000/39200 SL BELOW 38200
TRADING STRATEGY:
MCX Crude Oil APRIL contract shown a upside movement on this week under the expectation of
production cut this month by opec & non-opec producers and made a weekly high of 2835 levels In
nymex Crude has resistance of $43.30 and strong support of $338. oil rig count up by 1 to 387
from 386 showed by baker hughes report.
Crude Oil APRIL contract having support at 2710 to 2625 levels below it at 2590 levels & strong
supports at 2460 & 2300 levels.
Resistances are at 2780-2810 levels & above it at 2835 to 2910 levels & strong resistance at 3000
& 3100 levels.
WEEKLY RECOMENDATIONS:-
SELL CRUDE OIL APRIL AROUND 2780 TG 2700/ 2680 SL ABOVE 2835
BUY CRUDE OIL MARCH ABOVE 2850 TG 2920/ 2950 SL BELOW 2780
WEEKLY COMMODITY REPORT
05-09-JAN-2015
ENERGY WEEKLY TECHNICAL LEVELS
CRUDE OIL (APRIL) MCX WEEKLY CHART
WEEKLY PIVOTAL
S1 2602
S2 2446
PP 2718
R1 2874
R2 2990
COPPER (APRIL) MCX WEEKLY CHART
BASE METALS WEEKLY TECHNICAL LEVELS
WEEKLY PIVOTAL
S1 331.3
S2 325.1
PP 337.55
R1 343.8
R2 350.1
TRADING STRATEGY:
MCX COPPER APRIL contract shown upside movement this week due to better data of buiding
permits and housing starts, but unable to sustain prices at higher levels. There is a minor support
level around 328 and resistance around 338. Overall Copper long term trend is on downside due
to china economic slowdown which drag base metals prices towards downward in future.
For the next week, Copper APRIL contract supports are at 325-320 levels. Below it, at 313.50
levels & strong support at 300 & 280 levels.
Resistance are at 338-342 level. Above it at 350 levels & Strong resistance is at 360-362 levels.
WEEKLY RECOMENDATIONS:-
SELL COPPER FEB BELOW 335 TG 330/ 328 SL ABOVE 340
BUY COPPER FEB ABOVE 344 TG 350/352 SL BELOW 338
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 21 March 2016

  • 1.
    WEEKLY COMMODITY REPORT 21STMARCH TO 25TH MARCH 2016
  • 2.
    BULLIONS WEEKLY TECHNICALLEVELS GOLD(APRIL) MCX WEEKLY CHART WEEKLY PIVOTAL S1 28802 S2 28473 PP 29201 R1 29530 R2 29929 TRADING STRATEGY: MCX Gold APRIL contract, not able to breach its previous week's high and traded in downside territory ,made weekly low of 28872.Minor Support is at the bottom of $1230-$1200 and major support at $1180. Below this on closing basis it can touch to $1160-$1133. For the next week we expect Gold APRIL contract prices to be range-bound 28800-30000. Again,support in range of 29050 to 28940 levels. Below 28700 levels, the next support is at 28400-28000 & strong support at 27800 & 27350 levels. Resistances are in the range of 29706 to 29925 levels. Above 30100 the next resistance is at 30300 levels & strong resistance are at 30900 levels. WEEKLY RECOMENDATIONS:- SELL GOLD APRIL AROUND 29200 TG 28950 / 28800 SL ABOVE 29425 BUY GOLD APRIL ABOVE 29510 TG 29750 /29900 SL BELOW 29250 WEEKLY COMMODITY REPORT 22nd JUNE TO 27th JUNE 2015
  • 3.
    BULLIONS WEEKLY TECHNICALLEVELS SILVER (MAY) MCX WEEKLY CHART WEEKLY PIVOTAL S1 36878 S2 36000 PP 37733 R1 38611 R2 39466 TRADING STRATEGY MCX Silver MAY Contract, able to breach its previous week's high and traded in positive territory closed around 37756 level. Overall trend of silver is in downtrend but the crucial support level of silver at $15.20 and resistance level at $16. For the coming week, we expect Silver MAY contract to go down 37000 to 36900 levels. Below 36500, strong support is at 36170 levels & below it at 35800 levels. Resistances are expected at 37900 to 38000 levels. Above 38200 levels the next resistance is at 38600 & 39000 levels. WEEKLY RECOMENDATIONS:- SELL SILVER MAY BELOW 37400 TG 37000/ 36900 SL ABOVE 37800 BUY SILVER MAY ABOVE 38600 TG 39000/39200 SL BELOW 38200
  • 4.
    TRADING STRATEGY: MCX CrudeOil APRIL contract shown a upside movement on this week under the expectation of production cut this month by opec & non-opec producers and made a weekly high of 2835 levels In nymex Crude has resistance of $43.30 and strong support of $338. oil rig count up by 1 to 387 from 386 showed by baker hughes report. Crude Oil APRIL contract having support at 2710 to 2625 levels below it at 2590 levels & strong supports at 2460 & 2300 levels. Resistances are at 2780-2810 levels & above it at 2835 to 2910 levels & strong resistance at 3000 & 3100 levels. WEEKLY RECOMENDATIONS:- SELL CRUDE OIL APRIL AROUND 2780 TG 2700/ 2680 SL ABOVE 2835 BUY CRUDE OIL MARCH ABOVE 2850 TG 2920/ 2950 SL BELOW 2780 WEEKLY COMMODITY REPORT 05-09-JAN-2015 ENERGY WEEKLY TECHNICAL LEVELS CRUDE OIL (APRIL) MCX WEEKLY CHART WEEKLY PIVOTAL S1 2602 S2 2446 PP 2718 R1 2874 R2 2990
  • 5.
    COPPER (APRIL) MCXWEEKLY CHART BASE METALS WEEKLY TECHNICAL LEVELS WEEKLY PIVOTAL S1 331.3 S2 325.1 PP 337.55 R1 343.8 R2 350.1 TRADING STRATEGY: MCX COPPER APRIL contract shown upside movement this week due to better data of buiding permits and housing starts, but unable to sustain prices at higher levels. There is a minor support level around 328 and resistance around 338. Overall Copper long term trend is on downside due to china economic slowdown which drag base metals prices towards downward in future. For the next week, Copper APRIL contract supports are at 325-320 levels. Below it, at 313.50 levels & strong support at 300 & 280 levels. Resistance are at 338-342 level. Above it at 350 levels & Strong resistance is at 360-362 levels. WEEKLY RECOMENDATIONS:- SELL COPPER FEB BELOW 335 TG 330/ 328 SL ABOVE 340 BUY COPPER FEB ABOVE 344 TG 350/352 SL BELOW 338
  • 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