WEEKLY COMMODITY REPORT
28TH MARCH TO 31ST MARCH 2016
BULLIONS WEEKLY TECHNICAL LEVELS
GOLD(APRIL) MCX WEEKLY CHART
WEEKLY PIVOTAL
S1 28252
S2 27910
PP 28796
R1 29142
R2 29686
TRADING STRATEGY:
MCX Gold APRIL contract, not able to breach its previous week's high and traded in downside
territory ,made weekly low of 28450.In comex gold has closed below $1230 which was minor
support and major support at $1180. Below this on closing basis it can touch to $1160-$1133.
For the next week,Gold APRIL contract has support of 28500 levels. And strong support in range
of 28252 to 27910 levels.
Resistances are in the range of 28700 to 28890 levels. Above 28900 the next resistance is at
29100 levels & strong resistance at 29700 levels.
WEEKLY RECOMENDATIONS:-
SELL GOLD APRIL BELOW 28400 TG 28250 / 28150 SL ABOVE 28680
BUY GOLD APRIL ABOVE 28800 TG 29050 /29110 SL BELOW 28600
WEEKLY COMMODITY REPORT
22nd JUNE TO 27th JUNE 2015
BULLIONS WEEKLY TECHNICAL LEVELS
SILVER (MAY) MCX WEEKLY CHART
WEEKLY PIVOTAL
S1 36096
S2 35520
PP 37193
R1 37766
R2 38863
TRADING STRATEGY
MCX Silver MAY Contract, not able to breach its previous week's high and traded in negative
territory and closed around 36669 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 36200 to 36000 levels. Below
35800, strong support is at 35500 levels.
Resistances are expected at 36800 to 37050 levels. Above 37400 levels the next resistance is at
37740 & 38300 levels.
WEEKLY RECOMENDATIONS:-
SELL SILVER MAY BELOW 36500 TG 36200/ 36000 SL ABOVE 37000
BUY SILVER MAY ABOVE 37200 TG 37600/37900 SL BELOW 36800
TRADING STRATEGY:
MCX Crude Oil APRIL contract shown a downside movement this week under the influence of 90
lakh barrels inventory increase in U.S. reported by EIA. In NYMEX Crude Oil has resistance of $40
and strong support of $38.Oil rig count fell by 15 to 372 from 387 showed by baker hughes report.
Crude Oil APRIL contract having support at 2600 to 2570 levels below it at 2500 levels & strong
supports at 2460 & 2300 levels.
Resistances are at 2700-2810 levels & above it at 2835 to 2910 levels & strong resistance at 3000
& 3100 levels.
WEEKLY RECOMENDATIONS:-
SELL CRUDE OIL APRIL BELOW 2580 TG 2530/ 2500 SL ABOVE 2630
BUY CRUDE OIL MARCH ABOVE 2650 TG 2710/ 2740 SL BELOW 2600
WEEKLY COMMODITY REPORT
05-09-JAN-2015
ENERGY WEEKLY TECHNICAL LEVELS
CRUDE OIL (APRIL) MCX WEEKLY CHART
WEEKLY PIVOTAL
S1 2563
S2 2468
PP 2684
R1 2779
R2 2900
COPPER (APRIL) MCX WEEKLY CHART
BASE METALS WEEKLY TECHNICAL LEVELS
WEEKLY PIVOTAL
S1 327.05
S2 322
PP 333.6
R1 338.6
R2 345.15
TRADING STRATEGY:
MCX COPPER APRIL contract shown downside movement this week due to weak data of
existing home sales and new home sales in U.S. which drag the copper prices towards
downward. There is a minor support level around 328 and resistance around 338 levels. Overall
Copper long term trend is on downside due to china economic slowdown which will 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 328 TG 322/ 320 SL ABOVE 333
BUY COPPER FEB ABOVE 335 TG 341/350 SL BELOW 328
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 28 March 2016

  • 1.
    WEEKLY COMMODITY REPORT 28THMARCH TO 31ST MARCH 2016
  • 2.
    BULLIONS WEEKLY TECHNICALLEVELS GOLD(APRIL) MCX WEEKLY CHART WEEKLY PIVOTAL S1 28252 S2 27910 PP 28796 R1 29142 R2 29686 TRADING STRATEGY: MCX Gold APRIL contract, not able to breach its previous week's high and traded in downside territory ,made weekly low of 28450.In comex gold has closed below $1230 which was minor support and major support at $1180. Below this on closing basis it can touch to $1160-$1133. For the next week,Gold APRIL contract has support of 28500 levels. And strong support in range of 28252 to 27910 levels. Resistances are in the range of 28700 to 28890 levels. Above 28900 the next resistance is at 29100 levels & strong resistance at 29700 levels. WEEKLY RECOMENDATIONS:- SELL GOLD APRIL BELOW 28400 TG 28250 / 28150 SL ABOVE 28680 BUY GOLD APRIL ABOVE 28800 TG 29050 /29110 SL BELOW 28600 WEEKLY COMMODITY REPORT 22nd JUNE TO 27th JUNE 2015
  • 3.
    BULLIONS WEEKLY TECHNICALLEVELS SILVER (MAY) MCX WEEKLY CHART WEEKLY PIVOTAL S1 36096 S2 35520 PP 37193 R1 37766 R2 38863 TRADING STRATEGY MCX Silver MAY Contract, not able to breach its previous week's high and traded in negative territory and closed around 36669 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 36200 to 36000 levels. Below 35800, strong support is at 35500 levels. Resistances are expected at 36800 to 37050 levels. Above 37400 levels the next resistance is at 37740 & 38300 levels. WEEKLY RECOMENDATIONS:- SELL SILVER MAY BELOW 36500 TG 36200/ 36000 SL ABOVE 37000 BUY SILVER MAY ABOVE 37200 TG 37600/37900 SL BELOW 36800
  • 4.
    TRADING STRATEGY: MCX CrudeOil APRIL contract shown a downside movement this week under the influence of 90 lakh barrels inventory increase in U.S. reported by EIA. In NYMEX Crude Oil has resistance of $40 and strong support of $38.Oil rig count fell by 15 to 372 from 387 showed by baker hughes report. Crude Oil APRIL contract having support at 2600 to 2570 levels below it at 2500 levels & strong supports at 2460 & 2300 levels. Resistances are at 2700-2810 levels & above it at 2835 to 2910 levels & strong resistance at 3000 & 3100 levels. WEEKLY RECOMENDATIONS:- SELL CRUDE OIL APRIL BELOW 2580 TG 2530/ 2500 SL ABOVE 2630 BUY CRUDE OIL MARCH ABOVE 2650 TG 2710/ 2740 SL BELOW 2600 WEEKLY COMMODITY REPORT 05-09-JAN-2015 ENERGY WEEKLY TECHNICAL LEVELS CRUDE OIL (APRIL) MCX WEEKLY CHART WEEKLY PIVOTAL S1 2563 S2 2468 PP 2684 R1 2779 R2 2900
  • 5.
    COPPER (APRIL) MCXWEEKLY CHART BASE METALS WEEKLY TECHNICAL LEVELS WEEKLY PIVOTAL S1 327.05 S2 322 PP 333.6 R1 338.6 R2 345.15 TRADING STRATEGY: MCX COPPER APRIL contract shown downside movement this week due to weak data of existing home sales and new home sales in U.S. which drag the copper prices towards downward. There is a minor support level around 328 and resistance around 338 levels. Overall Copper long term trend is on downside due to china economic slowdown which will 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 328 TG 322/ 320 SL ABOVE 333 BUY COPPER FEB ABOVE 335 TG 341/350 SL BELOW 328
  • 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