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DAILY MCX NEWSLETTER
FEB. 2014
04 - FEB.-2014

www.TheEquicom.com 0731-6770000
1
BULLION:
In the absence of a true black swan, prices for gold and silver remain firmly range-bound.
However, one potential positive is the latest stable performance on recent equity volatility and a
few recent financial data releases.
Nevertheless, the price action dictated by the big commercial banks painted a huge upward
resistance at $1270 for gold and $20.60 for silver. Until these levels are breeched, the speculative
and momentum chasing community will be largely absent.
Because of the bearish options structure, precious metals investors should not be surprised if and
when we get another washout before prices move higher. At the end of the day, it is important to
remember that the success of intervention comes directly from its credibility. And this requires
that participants or investors be convinced that the lender of last resort is always ahead of the
game.

BASE METAL:
Aluminium use was so far restricted to use in low-volume luxury and sports car models but with
the F-150, Ford is taking it to bringing it to mainstream, Automotive News commented. F-150 has
450 kg of aluminium, nearly three times the current average aluminium vehicle content.
Barclays in a report pointed out that aluminium could face the biggest market deficit in 2014 and
aluminium substitution in automobiles is also gaining momentum. Automotive industry accounts
for 40% of the end demand for aluminium.

ENERGY:
Gross withdrawals of natural gas in the Lower-48 rose 1.13 Bcf/d, to 75.95 Bcf/d, in November 2013,
according to the latest EIA Monthly Natural Gas Gross Production Report. This sets a new record for
lower-48 output. The reported production growth fell slightly short of pipeline flow estimates,
which had pointed to a 1.5 Bcf/d increase, according to a Barclays report.
The bulk of the growth came from Other States, where production had an equivalent 1.13 Bcf/d rise
from October levels. Other States include the Marcellus shale in Pennsylvania, where producers
connected numerous recently completed wells to several newly constructed pipelines that started
operation in November.

www.TheEquicom.com 0731-6770000
2
BULLION

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

: - CONSOLIDATE
: - 29150, 29300
: - 28800, 28600
: - BUY ON DIPS

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

: - CONSOLIDATE
: - 44150, 44500
: - 43600, 43200
: - BUY ON DIPS

www.TheEquicom.com 0731-6770000
3
ENERGY

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

: - CONSOLIDATE
: - 6125, 6180
: - 6055, 6000
: - SELL ON HIGH

NATURAL GAS (25 FEB.)
OUTLOOK:
TREND
RESISTANCE
SUPPORT
STRATEGY

: - CONSOLIDATE
: - 315.00, 322.30
: - 304.60, 300.00
: - BUY ON DIPS

www.TheEquicom.com 0731-6770000
4
BASE METAL

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

: - CONSOLIDATE
: - 446.00, 448.00
: - 442.80, 440.00
: - SELL ON HIGH

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

: - CONSOLIDATE
: - 131.50, 132.50
: - 130.00, 129.00
: - SELL ON HIGH

www.TheEquicom.com 0731-6770000
5
ZINC (28 FEB.)
OUTLOOK:
TREND
RESISTANCE
SUPPORT
STRATEGY

: - CONSOLIDATE
: - 123.80, 124.80
: - 122.00, 121.00
: - SELL ON HIGH

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

: - CONSOLIDATE
: - 104.70, 105.80
: - 103.00, 102.00
: - SELL ON HIGH

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

: - BEARISH
: - 878.00, 885.00
: - 865.00, 850.00
: - SELL ON HIGH

www.TheEquicom.com 0731-6770000
6
GOLD
SILVER
COPPER
CRUDEOIL
PALLANDIUM
PLATINUM

USDINR
EURUSD
USDJPY
USDCHF
GBPUSD
USDCAD

1257.18
19.356
3.181
96.56
700.50
1381.00

63.0650
01.3510
101.196
00.9026
01.6303
01.1088

www.TheEquicom.com 0731-6770000
7
www.TheEquicom.com 0731-6770000
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 0731-6770000
9

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Weekly News letter by TheEquicom 03-Feb-14

  • 1. DAILY MCX NEWSLETTER FEB. 2014 04 - FEB.-2014 www.TheEquicom.com 0731-6770000 1
  • 2. BULLION: In the absence of a true black swan, prices for gold and silver remain firmly range-bound. However, one potential positive is the latest stable performance on recent equity volatility and a few recent financial data releases. Nevertheless, the price action dictated by the big commercial banks painted a huge upward resistance at $1270 for gold and $20.60 for silver. Until these levels are breeched, the speculative and momentum chasing community will be largely absent. Because of the bearish options structure, precious metals investors should not be surprised if and when we get another washout before prices move higher. At the end of the day, it is important to remember that the success of intervention comes directly from its credibility. And this requires that participants or investors be convinced that the lender of last resort is always ahead of the game. BASE METAL: Aluminium use was so far restricted to use in low-volume luxury and sports car models but with the F-150, Ford is taking it to bringing it to mainstream, Automotive News commented. F-150 has 450 kg of aluminium, nearly three times the current average aluminium vehicle content. Barclays in a report pointed out that aluminium could face the biggest market deficit in 2014 and aluminium substitution in automobiles is also gaining momentum. Automotive industry accounts for 40% of the end demand for aluminium. ENERGY: Gross withdrawals of natural gas in the Lower-48 rose 1.13 Bcf/d, to 75.95 Bcf/d, in November 2013, according to the latest EIA Monthly Natural Gas Gross Production Report. This sets a new record for lower-48 output. The reported production growth fell slightly short of pipeline flow estimates, which had pointed to a 1.5 Bcf/d increase, according to a Barclays report. The bulk of the growth came from Other States, where production had an equivalent 1.13 Bcf/d rise from October levels. Other States include the Marcellus shale in Pennsylvania, where producers connected numerous recently completed wells to several newly constructed pipelines that started operation in November. www.TheEquicom.com 0731-6770000 2
  • 3. BULLION GOLD (5 MAR.) OUTLOOK: TREND RESISTANCE SUPPORT STRATEGY : - CONSOLIDATE : - 29150, 29300 : - 28800, 28600 : - BUY ON DIPS SILVER (5 MAR.) OUTLOOK: TREND RESISTANCE SUPPORT STRATEGY : - CONSOLIDATE : - 44150, 44500 : - 43600, 43200 : - BUY ON DIPS www.TheEquicom.com 0731-6770000 3
  • 4. ENERGY CRUDEOIL (19 FEB.) OUTLOOK: TREND RESISTANCE SUPPORT STRATEGY : - CONSOLIDATE : - 6125, 6180 : - 6055, 6000 : - SELL ON HIGH NATURAL GAS (25 FEB.) OUTLOOK: TREND RESISTANCE SUPPORT STRATEGY : - CONSOLIDATE : - 315.00, 322.30 : - 304.60, 300.00 : - BUY ON DIPS www.TheEquicom.com 0731-6770000 4
  • 5. BASE METAL COPPER (28 FEB.) OUTLOOK: TREND RESISTANCE SUPPORT STRATEGY : - CONSOLIDATE : - 446.00, 448.00 : - 442.80, 440.00 : - SELL ON HIGH LEAD (28 FEB.) OUTLOOK: TREND RESISTANCE SUPPORT STRATEGY : - CONSOLIDATE : - 131.50, 132.50 : - 130.00, 129.00 : - SELL ON HIGH www.TheEquicom.com 0731-6770000 5
  • 6. ZINC (28 FEB.) OUTLOOK: TREND RESISTANCE SUPPORT STRATEGY : - CONSOLIDATE : - 123.80, 124.80 : - 122.00, 121.00 : - SELL ON HIGH ALUMINUM (28 FEB.) OUTLOOK: TREND RESISTANCE SUPPORT STRATEGY : - CONSOLIDATE : - 104.70, 105.80 : - 103.00, 102.00 : - SELL ON HIGH NICKEL (28 FEB.) OUTLOOK: TREND RESISTANCE SUPPORT STRATEGY : - BEARISH : - 878.00, 885.00 : - 865.00, 850.00 : - SELL ON HIGH www.TheEquicom.com 0731-6770000 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 0731-6770000 9