Daily Commodity Report

                                                                                                                 13th February 2013

                     Gold           Silver             Crude       MCX GOLD (5 APRIL 13) –
 12-Feb-13
 Expiry            05-Apr-13       05-Mar-13           19-Feb-13   Gold opened higher at 30581 and moved further higher to touch an
 Open                 30,581             57,502            5,227   intra-day high of 30627. However, it failed to sustain higher and
                                                                   moved lower to touch an intra-day low of 30516. It ended the day
 High                 30,627             57,633            5,271
                                                                   with modest losses to close at 30573.
 Low                  30,516             57,211            5,218
                                                                   The RSI and the Stochastic are placed below their respective
 Close                30,573             57,555            5,248   averages, which would lead to selling pressure. The –DI line is
 Prev. Close          30,640             57,661            5,229   placed above the +DI line and is placed above the 27 level,
                                                                   indicating sellers are gaining strength. MCX Gold faces resistance
 % Change             -0.22%             -0.18%           0.36%
                                                                   at 30916 and 31535 while the support levels are placed at 30475,
Source – MCX                                                       30150, 30000, 29500 and 29142.

                    Volume (In 000's)                              MCX SILVER (5 MARCH 13) –
                   12-Feb-13       11-Feb-13             % Chg.    Silver opened lower at 57502 but moved higher to touch an intra-
 Gold (gms)          33,982.0           35,680.0         -4.76%    day high of 57633. However, it failed to sustain higher and moved
                                                                   lower to touch an intra-day low of 57211. It ended the day with
 Silver (kgs)         1,663.7            1,702.1         -2.26%    modest losses to close at 57555.
 Crude (bbl)         16,863.2           22,772.8        -25.95%
                                                                   The RSI and the Stochastic are placed below their respective
Source – MCX                                                       averages, which would lead to selling pressure. The –DI line is
                                                                   placed above the +DI line and is placed above the 29 level,
                   Turnover (In Lacs)                              indicating sellers are gaining strength.     MCX Silver faces
                                                                   resistance at 59483, 61484, 62164 and 63224 while the supports
                   12-Feb-13       11-Feb-13             % Chg.
                                                                   are placed at 57049, 56372 and 55952 levels.
Gold              1,039,007.0     1,095,225.9            -5.13%
                                                                   MCX CRUDE (19 FEBRUARY 13) –
Silver              955,507.0       985,114.3            -3.01%

Crude               884,331.5     1,177,674.0           -24.91%    Crude opened lower at 5227 and moved further lower to touch an
                                                                   intra-day low of 5218. However, it managed to bounce back and
Source – MCX
                                                                   moved higher to touch an intra-day high of 5271. It ended the day
                                                                   with modest gains to close the day at 5248.
                Global Market (Nymex - $)

                        13/02/2013        12/02/2013     % Chg.    The RSI and the Stochastic are placed above their respective
                                                                   averages, which would lead to buying support. However, the
Gold (oz)                   1,652.90        1,649.60      0.20%    Stochastic has moved in the over bought zone, which would lead to
Silver (oz)                     31.20          31.02      0.58%    intermediate bouts of profit taking. The +DI line is placed above the
                                                                   -DI line and is placed above the 27 level, indicating buyers are
WTI Crude (bbl)                 97.51          97.52     -0.01%
                                                                   gaining strength. It faces resistance at 5249, 5300, 5401 and
Brent Crude (bbl)            118.56           118.66     -0.08%    5476, while the supports are placed at 5157, 5122, 5085 and 4961
Dollar Index                    80.04          80.05     -0.01%
                                                                   Sanjay Bhatia (AVP – Technical Research)
Source – www.cmegroup.com                                          Email sanjay@keynotecapitals.net Yahoo Id: keytechnicals@yahoo.in

                                                                   NOTE – Stop Losses should be considered strictly on Closing
                                                                   Basis




                                                               Keynote Capitals Ltd.
            The Ruby, 9th Floor, Senapati Bapat Marg, Dadar (W), Mumbai – 400 028. Tel: 3026 6000. Fax: 3026 6088.
                                                  www.keynotecapitals.com
Commodity News:
Gold slips below Rs 31,000 level on stockists selling, global cues
Gold prices on Tuesday lost Rs 210 to slip below the psychological Rs 31,000-mark at Rs 30,790 per 10 grams here
on heavy selling by stockists, triggered by a weak overseas markets.
Silver futures decline 0.30% on lower global trend
Silver prices declined by Rs 173 to Rs 57,488 per kg in futures market today, after participants trimmed positions,
tracking a lower trend in the global markets. It fell on heavy speculative selling amid poor industrial demand.
Jeera/cumin seed hits contract low; pepper up on low stocks
Jeera, or cumin seed, futures struck a new contract low on Tuesday due to rising supplies from the new crop and on
expectations of a rise in output, but some local demand restricted the downside. About 2,000 bags of 60 kg each from
the new season crop have started arriving daily in local markets
Source: ET


Economic Calendar:

    Countries /              Wednesday                          Thursday                           Friday

     Regions                    13/13                             14/13                            15/13

       India                                                   WPI Inflation (Jan)      FX Reserves, USD (Feb 3)




                                                                                       Industrial Production (MoM)
        US            Retail Sales (MoM) (Jan)
                                                                                                   (Jan)
                                                                                        Net Long-Term TIC Flows
                        10-Year Note Auction
                                                                                                 (Dec)




                                                       European Monetory Union
                       UK Bank of England
      Global                                            Gross Domestic Product          UK Retail Sales (YoY) (Jan)
                     Quarterly Inflation Report
                                                        s.a. (YoY) (Q4)Preliminar
                       Japan Gross Domestic            Japan BoJ Monetary Policy
                                                                                       Japan Industrial Production
                           Product (QoQ)                  Statement and press
                                                                                               (YoY) (Dec)
                          (Q4)Preliminar                       conference
                                                         Japan BoJ Interest Rate
                                                            Decision (Feb 14)




                                                 Keynote Capitals Ltd.
          The Ruby, 9th Floor, Senapati Bapat Marg, Dadar (W), Mumbai – 400 028. Tel: 3026 6000. Fax: 3026 6088.
                                                www.keynotecapitals.com
Disclaimer
This document is not for public distribution and has been furnished to you solely for your information and must not be reproduced or
redistributed to any other person. Persons into whose possession this document may come are required to observe these restrictions.
This material is for the personal information of the authorized recipient, and we are not soliciting any action based upon it. This report is not
to be construed as an offer to sell or the solicitation of an offer to buy any security in any jurisdiction where such an offer or solicitation
would be illegal. It is for the general information of clients of Keynote Capitals Ltd. It does not constitute a personal recommendation or
take into account the particular investment objectives, financial situations, or needs of individual clients.
We have reviewed the report, and in so far as it includes current or historical information, it is believed to be reliable though its accuracy or
completeness cannot be guaranteed. Neither Keynote Capitals Ltd., nor any person connected with it, accepts any liability arising from the
use of this document. The recipients of this material should rely on their own investigations and take their own professional advice. Price
and value of the investments referred to in this material may go up or down. Past performance is not a guide for future performance.
Certain transactions -including those involving futures, options and other derivatives as well as non-investment grade securities - involve
substantial risk and are not suitable for all investors. Reports based on technical analysis centers on studying charts of a stock’s price
movement and trading volume, as opposed to focusing on a company’s fundamentals and as such, may not match with a report on a
company’s fundamentals.
Opinions expressed are our current opinions as of the date appearing on this material only. While we endeavor to update on a reasonable
basis the information discussed in this material, there may be regulatory, compliance, or other reasons that prevent us from doing so.
Prospective investors and others are cautioned that any forward-looking statements are not predictions and may be subject to change
without notice. Our proprietary trading and investment businesses may make investment decisions that are inconsistent with the
recommendations expressed herein.
We and our affiliates, officers, directors, and employees world wide may: (a) from time to time, have long or short positions in, and buy or
sell the securities thereof, of company (ies) mentioned herein or (b) be engaged in any other transaction involving such securities and earn
brokerage or other compensation or act as a market maker in the financial instruments of the company (ies) discussed herein or act as
advisor or lender / borrower to such company (ies) or have other potential conflict of interest with respect to any recommendation and
related information and opinions.
The analyst for this report certifies that all of the views expressed in this report accurately reflect his or her personal views about the
subject company or companies and its or their securities, and no part of his or her compensation was, is or will be, directly or indirectly
related to specific recommendations or views expressed in this report.
No part of this material may be duplicated in any form and/or redistributed without Keynote Capitals Ltd’s., prior written consent.




                                                           Keynote Capitals Ltd.
           The Ruby, 9th Floor, Senapati Bapat Marg, Dadar (W), Mumbai – 400 028. Tel: 3026 6000. Fax: 3026 6088.
                                                 www.keynotecapitals.com

Keynote commodity daily report for 130213

  • 1.
    Daily Commodity Report 13th February 2013 Gold Silver Crude MCX GOLD (5 APRIL 13) – 12-Feb-13 Expiry 05-Apr-13 05-Mar-13 19-Feb-13 Gold opened higher at 30581 and moved further higher to touch an Open 30,581 57,502 5,227 intra-day high of 30627. However, it failed to sustain higher and moved lower to touch an intra-day low of 30516. It ended the day High 30,627 57,633 5,271 with modest losses to close at 30573. Low 30,516 57,211 5,218 The RSI and the Stochastic are placed below their respective Close 30,573 57,555 5,248 averages, which would lead to selling pressure. The –DI line is Prev. Close 30,640 57,661 5,229 placed above the +DI line and is placed above the 27 level, indicating sellers are gaining strength. MCX Gold faces resistance % Change -0.22% -0.18% 0.36% at 30916 and 31535 while the support levels are placed at 30475, Source – MCX 30150, 30000, 29500 and 29142. Volume (In 000's) MCX SILVER (5 MARCH 13) – 12-Feb-13 11-Feb-13 % Chg. Silver opened lower at 57502 but moved higher to touch an intra- Gold (gms) 33,982.0 35,680.0 -4.76% day high of 57633. However, it failed to sustain higher and moved lower to touch an intra-day low of 57211. It ended the day with Silver (kgs) 1,663.7 1,702.1 -2.26% modest losses to close at 57555. Crude (bbl) 16,863.2 22,772.8 -25.95% The RSI and the Stochastic are placed below their respective Source – MCX averages, which would lead to selling pressure. The –DI line is placed above the +DI line and is placed above the 29 level, Turnover (In Lacs) indicating sellers are gaining strength. MCX Silver faces resistance at 59483, 61484, 62164 and 63224 while the supports 12-Feb-13 11-Feb-13 % Chg. are placed at 57049, 56372 and 55952 levels. Gold 1,039,007.0 1,095,225.9 -5.13% MCX CRUDE (19 FEBRUARY 13) – Silver 955,507.0 985,114.3 -3.01% Crude 884,331.5 1,177,674.0 -24.91% Crude opened lower at 5227 and moved further lower to touch an intra-day low of 5218. However, it managed to bounce back and Source – MCX moved higher to touch an intra-day high of 5271. It ended the day with modest gains to close the day at 5248. Global Market (Nymex - $) 13/02/2013 12/02/2013 % Chg. The RSI and the Stochastic are placed above their respective averages, which would lead to buying support. However, the Gold (oz) 1,652.90 1,649.60 0.20% Stochastic has moved in the over bought zone, which would lead to Silver (oz) 31.20 31.02 0.58% intermediate bouts of profit taking. The +DI line is placed above the -DI line and is placed above the 27 level, indicating buyers are WTI Crude (bbl) 97.51 97.52 -0.01% gaining strength. It faces resistance at 5249, 5300, 5401 and Brent Crude (bbl) 118.56 118.66 -0.08% 5476, while the supports are placed at 5157, 5122, 5085 and 4961 Dollar Index 80.04 80.05 -0.01% Sanjay Bhatia (AVP – Technical Research) Source – www.cmegroup.com Email sanjay@keynotecapitals.net Yahoo Id: keytechnicals@yahoo.in NOTE – Stop Losses should be considered strictly on Closing Basis Keynote Capitals Ltd. The Ruby, 9th Floor, Senapati Bapat Marg, Dadar (W), Mumbai – 400 028. Tel: 3026 6000. Fax: 3026 6088. www.keynotecapitals.com
  • 2.
    Commodity News: Gold slipsbelow Rs 31,000 level on stockists selling, global cues Gold prices on Tuesday lost Rs 210 to slip below the psychological Rs 31,000-mark at Rs 30,790 per 10 grams here on heavy selling by stockists, triggered by a weak overseas markets. Silver futures decline 0.30% on lower global trend Silver prices declined by Rs 173 to Rs 57,488 per kg in futures market today, after participants trimmed positions, tracking a lower trend in the global markets. It fell on heavy speculative selling amid poor industrial demand. Jeera/cumin seed hits contract low; pepper up on low stocks Jeera, or cumin seed, futures struck a new contract low on Tuesday due to rising supplies from the new crop and on expectations of a rise in output, but some local demand restricted the downside. About 2,000 bags of 60 kg each from the new season crop have started arriving daily in local markets Source: ET Economic Calendar: Countries / Wednesday Thursday Friday Regions 13/13 14/13 15/13 India WPI Inflation (Jan) FX Reserves, USD (Feb 3) Industrial Production (MoM) US Retail Sales (MoM) (Jan) (Jan) Net Long-Term TIC Flows 10-Year Note Auction (Dec) European Monetory Union UK Bank of England Global Gross Domestic Product UK Retail Sales (YoY) (Jan) Quarterly Inflation Report s.a. (YoY) (Q4)Preliminar Japan Gross Domestic Japan BoJ Monetary Policy Japan Industrial Production Product (QoQ) Statement and press (YoY) (Dec) (Q4)Preliminar conference Japan BoJ Interest Rate Decision (Feb 14) Keynote Capitals Ltd. The Ruby, 9th Floor, Senapati Bapat Marg, Dadar (W), Mumbai – 400 028. Tel: 3026 6000. Fax: 3026 6088. www.keynotecapitals.com
  • 3.
    Disclaimer This document isnot for public distribution and has been furnished to you solely for your information and must not be reproduced or redistributed to any other person. Persons into whose possession this document may come are required to observe these restrictions. This material is for the personal information of the authorized recipient, and we are not soliciting any action based upon it. This report is not to be construed as an offer to sell or the solicitation of an offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. It is for the general information of clients of Keynote Capitals Ltd. It does not constitute a personal recommendation or take into account the particular investment objectives, financial situations, or needs of individual clients. We have reviewed the report, and in so far as it includes current or historical information, it is believed to be reliable though its accuracy or completeness cannot be guaranteed. Neither Keynote Capitals Ltd., nor any person connected with it, accepts any liability arising from the use of this document. The recipients of this material should rely on their own investigations and take their own professional advice. Price and value of the investments referred to in this material may go up or down. Past performance is not a guide for future performance. Certain transactions -including those involving futures, options and other derivatives as well as non-investment grade securities - involve substantial risk and are not suitable for all investors. Reports based on technical analysis centers on studying charts of a stock’s price movement and trading volume, as opposed to focusing on a company’s fundamentals and as such, may not match with a report on a company’s fundamentals. Opinions expressed are our current opinions as of the date appearing on this material only. While we endeavor to update on a reasonable basis the information discussed in this material, there may be regulatory, compliance, or other reasons that prevent us from doing so. Prospective investors and others are cautioned that any forward-looking statements are not predictions and may be subject to change without notice. Our proprietary trading and investment businesses may make investment decisions that are inconsistent with the recommendations expressed herein. We and our affiliates, officers, directors, and employees world wide may: (a) from time to time, have long or short positions in, and buy or sell the securities thereof, of company (ies) mentioned herein or (b) be engaged in any other transaction involving such securities and earn brokerage or other compensation or act as a market maker in the financial instruments of the company (ies) discussed herein or act as advisor or lender / borrower to such company (ies) or have other potential conflict of interest with respect to any recommendation and related information and opinions. The analyst for this report certifies that all of the views expressed in this report accurately reflect his or her personal views about the subject company or companies and its or their securities, and no part of his or her compensation was, is or will be, directly or indirectly related to specific recommendations or views expressed in this report. No part of this material may be duplicated in any form and/or redistributed without Keynote Capitals Ltd’s., prior written consent. Keynote Capitals Ltd. The Ruby, 9th Floor, Senapati Bapat Marg, Dadar (W), Mumbai – 400 028. Tel: 3026 6000. Fax: 3026 6088. www.keynotecapitals.com