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DAILY MCX NEWSLETTER
JAN. 2014
27 - JAN.-2014

www.TheEquicom.com +919200009266
1
BULLION:
London price fixing may be the oldest and most opaque of all the intervention methodology. It
has now re-entered the mainstream vernacular on the heels of the German quest to repatriate its
physical gold holdings. Recently, Deuthce Bank removed itself from the "fixing process", which
also re-enters the collective awareness via the now generally accepted absurdity around the
London Interbank Offered Rate (LIBOR). Essentially, a room full of representatives from the
largest financial institutions making a collective decision on the price of assets that form the base
of money flow and value is astounding.

BASE METAL:
Commodities continue to underperform despite some positive trends in global economy due to
extended period of supply gains, according to Barclays Research.
Commodities have been underperforming equities and pricing in below levels unwarranted by the
uptick in industrial production, manufacturing indices and the business sentiment indicators.
The HSBC China flash Purchasing Managers Index (PMI) data and US Markit PMI has been below
consensus but business confidence is set to be positive in January.

ENERGY:
Brent-WTI Crude Oil spreads have fallen in the past few days to $10 per barrel, a level last seen in
December.
Barclays Research points out that strong US refining margins and low product stock cover in the
OECD could push WTI prices even higher in the coming weeks as the US continues exporting high
levels of light products.
Adverse weather in US caused a rally in natural gas, power and oil products as heating demand
surged, raising concerns about ample inventories in the coming months. The International Energy
Agency's (IEA) bullish report and the start of TRanscanada's Market link Pipeline also helped WTI
strengthen against Brent crude.

www.TheEquicom.com +919200009266
2
BULLION

GOLD (5 FEB.)
OUTLOOK:
TREND
RESISTANCE
SUPPORT
STRATEGY

: - CONSOLIDATE
: - 29680, 29900
: - 28250, 28970
: - SELL ON HIGH

SILVER (5 MAR.)
OUTLOOK:
TREND
RESISTANCE
SUPPORT
STRATEGY

: - CONSOLIDATE
: - 45260, 45750
: - 44100, 43600
: - SELL ON HIGH

www.TheEquicom.com +919200009266
3
ENERGY

CRUDEOIL (19 FEB.)
OUTLOOK:
TREND
RESISTANCE
SUPPORT
STRATEGY

: - BULLISH
: - 6150, 6200
: - 6030, 5950
: - BUY ON DIPS

NATURAL GAS (28 JAN.)
OUTLOOK:
TREND
RESISTANCE
SUPPORT
STRATEGY

: - BULLISH
: - 325.00, 330.00
: - 315.00, 310.00
: - BUY ON DIPS

www.TheEquicom.com +919200009266
4
BASE METAL

COPPER (28 FEB.)
OUTLOOK:
TREND
RESISTANCE
SUPPORT
STRATEGY

: - CONSOLIDATE
: - 458.00, 462.10
: - 452.60, 448.00
: - SELL ON HIGH

LEAD (31 JAN.)
OUTLOOK:
TREND
RESISTANCE
SUPPORT
STRATEGY

: - CONSOLIDATE
: - 136.00, 137.00
: - 134.20, 133.00
: - SELL ON HIGH

www.TheEquicom.com +919200009266
5
ZINC (31 JAN.)
OUTLOOK:
TREND
RESISTANCE
SUPPORT
STRATEGY

: - CONSOLIDATE
: - 127.00, 128.00
: - 125.50, 124.00
: - SELL ON HIGH

ALUMINUM (31 JAN.)
OUTLOOK:
TREND
RESISTANCE
SUPPORT
STRATEGY

: - CONSOLIDATE
: - 108.70, 109.80
: - 107.50, 106.00
: - SELL ON HIGH

NICKEL (31 JAN.)
OUTLOOK:
TREND
RESISTANCE
SUPPORT
STRATEGY

: - CONSOLIDATE
: - 915.00, 930.00
: - 900.00, 885.00
: - BUY ON DIPS

www.TheEquicom.com +919200009266
6
GOLD
SILVER
COPPER
CRUDEOIL
PALLANDIUM
PLATINUM

USDINR
EURUSD
USDJPY
USDCHF
GBPUSD
USDCAD

1271.26
19.882
3.266
96.68
733.60
1431.10

62.8350
01.3682
102.433
00.8947
01.6501
01.1061

www.TheEquicom.com +919200009266
7
www.TheEquicom.com +919200009266
8
DISCLAIMER
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 and 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. TheEquicom recommends that investors
independently evaluate particular investments and strategies, and encourages investors to seek the advice of a
financial adviser. TheEquicom 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
TheEquicom 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 Commodity and equity 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.
TheEquicom 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.

www.TheEquicom.com +919200009266
9

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MCX News letter by TheEquicom 27-Jan-14

  • 1. DAILY MCX NEWSLETTER JAN. 2014 27 - JAN.-2014 www.TheEquicom.com +919200009266 1
  • 2. BULLION: London price fixing may be the oldest and most opaque of all the intervention methodology. It has now re-entered the mainstream vernacular on the heels of the German quest to repatriate its physical gold holdings. Recently, Deuthce Bank removed itself from the "fixing process", which also re-enters the collective awareness via the now generally accepted absurdity around the London Interbank Offered Rate (LIBOR). Essentially, a room full of representatives from the largest financial institutions making a collective decision on the price of assets that form the base of money flow and value is astounding. BASE METAL: Commodities continue to underperform despite some positive trends in global economy due to extended period of supply gains, according to Barclays Research. Commodities have been underperforming equities and pricing in below levels unwarranted by the uptick in industrial production, manufacturing indices and the business sentiment indicators. The HSBC China flash Purchasing Managers Index (PMI) data and US Markit PMI has been below consensus but business confidence is set to be positive in January. ENERGY: Brent-WTI Crude Oil spreads have fallen in the past few days to $10 per barrel, a level last seen in December. Barclays Research points out that strong US refining margins and low product stock cover in the OECD could push WTI prices even higher in the coming weeks as the US continues exporting high levels of light products. Adverse weather in US caused a rally in natural gas, power and oil products as heating demand surged, raising concerns about ample inventories in the coming months. The International Energy Agency's (IEA) bullish report and the start of TRanscanada's Market link Pipeline also helped WTI strengthen against Brent crude. www.TheEquicom.com +919200009266 2
  • 3. BULLION GOLD (5 FEB.) OUTLOOK: TREND RESISTANCE SUPPORT STRATEGY : - CONSOLIDATE : - 29680, 29900 : - 28250, 28970 : - SELL ON HIGH SILVER (5 MAR.) OUTLOOK: TREND RESISTANCE SUPPORT STRATEGY : - CONSOLIDATE : - 45260, 45750 : - 44100, 43600 : - SELL ON HIGH www.TheEquicom.com +919200009266 3
  • 4. ENERGY CRUDEOIL (19 FEB.) OUTLOOK: TREND RESISTANCE SUPPORT STRATEGY : - BULLISH : - 6150, 6200 : - 6030, 5950 : - BUY ON DIPS NATURAL GAS (28 JAN.) OUTLOOK: TREND RESISTANCE SUPPORT STRATEGY : - BULLISH : - 325.00, 330.00 : - 315.00, 310.00 : - BUY ON DIPS www.TheEquicom.com +919200009266 4
  • 5. BASE METAL COPPER (28 FEB.) OUTLOOK: TREND RESISTANCE SUPPORT STRATEGY : - CONSOLIDATE : - 458.00, 462.10 : - 452.60, 448.00 : - SELL ON HIGH LEAD (31 JAN.) OUTLOOK: TREND RESISTANCE SUPPORT STRATEGY : - CONSOLIDATE : - 136.00, 137.00 : - 134.20, 133.00 : - SELL ON HIGH www.TheEquicom.com +919200009266 5
  • 6. ZINC (31 JAN.) OUTLOOK: TREND RESISTANCE SUPPORT STRATEGY : - CONSOLIDATE : - 127.00, 128.00 : - 125.50, 124.00 : - SELL ON HIGH ALUMINUM (31 JAN.) OUTLOOK: TREND RESISTANCE SUPPORT STRATEGY : - CONSOLIDATE : - 108.70, 109.80 : - 107.50, 106.00 : - SELL ON HIGH NICKEL (31 JAN.) OUTLOOK: TREND RESISTANCE SUPPORT STRATEGY : - CONSOLIDATE : - 915.00, 930.00 : - 900.00, 885.00 : - BUY ON DIPS www.TheEquicom.com +919200009266 6
  • 9. DISCLAIMER 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 and 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. TheEquicom recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser. TheEquicom 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 TheEquicom 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 Commodity and equity 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. TheEquicom 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. www.TheEquicom.com +919200009266 9