1. Daily Com
D mmodity Report
12th Septe
ember 2012
MCX GOLD (5 O
X OCTOBER 12) –
Go
old Silver Cru
ude
(5 O
Oct-12) (5 De
ec-12) (19 Se
ep-12)
Gold opened high at 31917 and moved fu
d her urther higher to touch an
Open
n 31,917 64,102 5,325 intra
a-day high of 31973. How
f wever, it failed to sustain higher and
mov lower to touch an intra
ved a-day low of 3 31808. It ended on a flat
High
h 31,973 64,290 5,372 note to close at 3
e 31876.
Low 31,808 63,638 5,325
The Stochastic a and the RSI have slipped below their respective
d r
Close 31,876 63,804 5,356 aver rages. Moreoover, both th Stochastic and the R
he c RSI are still
placced in the over bought zone. The
t ese technica negative
al
Prev Close
v. 31,907 63,980 5,326
cond ditions would lead to se
d elling pressure and profit taking at
% Ch
hange -0.10% -0.28%
- 0.56% regu intervals. Though the A
ular ADX line is moving higher the +DI line
is m
moving lower, indicating b buyers are boooking profits at regular
s
Source – MCX
e interrvals. MCX G
Gold faces res 1975, 32043, and 32350
sistance at 31
while the support levels are pla
e t aced at 31467, 30837, 304428, 30340,
Vo
olume (In 000'
's) 3017 29668 and 28859.
79,
11/0
09/2012 10/09/2012 % Chg. Positional Call – SELL MCX GOLD (5 O
X OCT 12) arou
und 31900,
Stop Loss 32010 Target of 3
p 0 31500
Gold (gms) 25
5,120.0 31
1,810.0 -21.03%
Silver (kgs) 1,676.3
1 2,108.5
2 -20.50% MCX SILVER (5 DECEMBER 12) –
X R
Crude (bbl) 16
6,146.6 19
9,666.1 -17.90% Silve opened hig
er gher at 64102 and moved further high to touch
d her
Source – MCX
e
an inntra-day high of 64290. Hoowever, it failed to sustain higher and
mov lower to t
ved a-day low of 63638. It end the day
touch an intra ded
with modest losse to close at 63804.
es t
Turnover (In Lac
cs)
The RSI is place above its average but is on verge of slipping
ed t
11/0
09/2012 10/09/2012 % Chg. belo it. Howeve the Stochastic has slip
ow er, pped below its average.
More eover, both t
the Stochastic and the RS are still placed in the
SI
Gold 801
1,372.3 1,016
6,342.4 -21.15%
over bought zone These tech
r e hnical negativ conditions would lead
ve
Silver
r 1,072
2,496.4 1,352
2,686.1 -20.71% to se
elling pressur and profit taking at regu intervals. Though the
re ular
ADX line is movi
X ing higher the +DI line is moving lowe indicating
e er
Crude
e 864
4,036.6 1,047
7,673.3 -17.53% buye are book
ers king profits a higher lev
at vels. MCX SSilver faces
Source – MCX
e resis
stance at 64 4060, 64154 and 64500 while the su upports are
plac at 61398, 60750 and 59512 levels.
ced
Global Market (Nyme - $)
ex MCX CRUDE (19 SEPTEMBE 12) –
X 9 ER
12/0
09/2012 11/09/2012 % Chg. Crud opened low at 5325. Incidentally, t
de wer this was the l
lowest price
orded for the day. It moved higher to to
reco d ouch an intra--day high of
Gold (oz) 1,
,735.20 1,732.30 0.17%
5372 It ended the day with mo
2. oderate gains to close at 5
s 5356.
Silver (oz)
r 33.59 33.51 0.23%
WTI CCrude
The RSI and the Stochastic a placed ab
are bove its avera
ages, which
97.09 97.17 -0.08% would lead to buy
ying support. However, the ADX line, + line and
+DI
(bbl)
Brent Crude
t –DI line are movving sideways indicating a range bound trend. It
s,
115.46 115.40 0.05%
(bbl) face resistance at 5366, 540 5516 and 5600 while th supports
es 08, he
Dollar Index 81.51 81.47 0.14% are p
placed at 523 5275, 518 5126 and 5
38, 80, 5093.
Source – www.cmeg
e group.com
NOT – Stop Lo
TE osses should be conside
d ered strictly o Closing
on
Basis
Keynot Capitals L
te Ltd.
The Rub 9th Floor, Senapati Bapa Marg, Dadar (W), Mumbai – 400 028. T 3026 6000. Fax: 3026 60
by, at Tel: 088.
www.keyynotecapitals.com

2. Com
mmodity New
ws:
• Gold prices e
G ease from re
ecord peak, silver edges up: Gold pr
s rices eased fr
rom record peak at the bu
ullion market
here today on lower offtak from trade and inves
h n ke ers stors despite the higher European cues. While silve recovered
er
vestors have turned wary as the yellow metal receiv sustained boost from
slightly on stra speculativ buying. "Inv
s ay ve w ved d
overseas cues and waiting US Federal Reserve mov later this w
o s, g ve week," a trade said. (ET)
er
• Crude oil rise on hopes of Federal R
C es s timulus plans Oil traded near the high
Reserve's st s: hest close in almost three
weeks in New York amid speculation t US will ad to measur to revive its economy, countering c
w w the dd res concern that
Europe's bailout plan will falter. The Federal Res
E serve starts a two-day m
meeting on W Wednesday w where it may
announce stim
a mulus measures. Goldman Sachs Grou said West Texas Interm
n up mediate oil ma rise to nar
ay rrow the gap
between the b
b benchmark grrade and othe regional cru
er udes. (ET)
• Chana future hit lower circuit on w
C es weak spot deemand: Chan prices tum
na mbled by a da lower limi of four per
aily it
cent in futures trade today as traders b
c y booked profit on reports of higher pro
ts oduction follo
owing improve rains and
ed
sluggish dome
s estic demand (ET)
d.
• Turmeric futu
T ures down on fresh rain sluggish demand: Turmeric prices fell by 1.33 per cent to R 5,950 per
o ns, s Rs
quintal at futures trade today as specula
q ators trimmed their positions following r
d ucing regions amid a drop
rains in produ
in overseas in
n nquiries. (ET)
Econ
nomic Cale
endar:
Wedne
esday Thur
rsday Friday Mon
nday
Sept 12
t Sep 13
pt Sep 14
pt Sep 17
pt
Industrial Output
India WPI
W Inflation
data
Fore Reserves
ex
Conssumer Price NY Empire State
Initial Jobl
less Claims
US FOM Minutes
MC Index (MoM) and turing Index
Manufact
(Sep 8)
(YoY) (Sep)
Preliminary ruling on
y Producer Price Index
Retail S
Sales (MoM)
ESM & Fisscal Deficit (YoY) (Aug)
(
Industrial Production
30-Year Bo
ond Auction
(MoM)
China Pro
oducer and Eurozone's
EUR G
Global Trade
Global German CPI data
ny Import Prrices (MoM) Conssumer Price
Balance (Jul)
B
(Aug) In
ndex (MoM)
UK Average Earnings,
e Japan' Industrial
's
Claim
mant Count ECB Mont
thly Report Producction (MoM)
charge and (YoY)
Eurozone's
ECB Conssumer Price
Employme Change
ent
Index (M
MoM) (Aug)
(YoY)
GBP 10-y Bond
P
Auction
Keynot Capitals L
te Ltd.
The Rub 9th Floor, Senapati Bapa Marg, Dadar (W), Mumbai – 400 028. T 3026 6000. Fax: 3026 60
by, at Tel: 088.
www.keyynotecapitals.com

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te Ltd.
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