Daily mcx newsletter 14 nov 2013

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US gold futures edged down further on
Wednesday and was seen trading near four
week low amid concerns that US Central Bank
may start reducing its monetary stimulus soon
on improving economic conditions in the
United States.

Published in: Economy & Finance, Business
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Daily mcx newsletter 14 nov 2013

  1. 1. DAILY MCX NEWSLETTER 14-NOV. -2013 NOV. THE EQUICOM PROFIT UPDATE: PLEASE CLOSE YOUR POSITION IN COPPER, OUR SL TRIGGERED , www.TheEquicom.com 09200009266 www.TheEquicom.com +919200009266
  2. 2. BULLION BASE METAL ENERGY US gold futures edged down further on Copper market could be in for a bear run if US crude oil futures fell below $93 per barrel on Wednesday and was seen trading near four increased China production in the past two Wednesday to a four and half month low as a week low amid concerns that US Central Bank months and surplus refined copper forecast result of expectations on higher than expected may start reducing its monetary stimulus soon for 2013 2013-14 by International Copper Study US crude oil stocks and US stimulus concerns. on improving economic conditions in the Group (ICSG) is any indication. The American Petroleum Institute (API) is United States. The central bank's $85-billion According to National Bureau of Statistics, scheduled to release its weekly data on US monthly bond buying program is a key driver China production of refined copper rose crude oil stocks at 03.00 IST while US Energy of the yellow metal. 2.9% month month-on-month to a second straight Information Administrations is expected to Comex gold futures for December delivery on monthly record and year year-on-year gain of release its weekly US crude oil inventory data electronic trading was seen trading with a loss 22.9%. Refined copper production in October at 21.30 IST on Thursday. The data may give of $0.6 at $1284.4 per troy ounce as of 09.27 was 637,958 tons while in September it was further trading clues for crude oil investors. her IST on Thursday. 620,086 tons. NYMEX WTI crude oil futures for December Weak physical demand along with steady US dollar, stock markets were seen pressuring the yellow metal prices to certain extent in the global market on Wednesday. Analyst say that, improving economic conditions in the United States may prompt the US Federal Reserve to taper its monetary stimulus program. www.TheEquicom.com +919200009266 delivery was seen trading with a gain of 21 cents at $93.80 per barrel as of 9.29 IST on $93. Wednesday.
  3. 3. BULLION GOLD (5 DEC.) OUTLOOK: TREND RESISTANCE SUPPORT STRATEGY : -CONSOLIDATE CONSOLIDATE : - 30 0300, 30500 : - 29850, 29650 298 : - SELL ON HIGH SILVER (5 DEC.) OUTLOOK: TREND RESISTANCE SUPPORT STRATEGY www.TheEquicom.com +919200009266 : - CONSOLIDATE : - 4700 47500 7000, : - 4620 45800 6200, : - SELL ON HIGH HIGH
  4. 4. ENERGY CRUDEOIL ( NOV.) (19 OUTLOOK: TREND RESISTANCE SUPPORT STRATEGY : - CONSOLIDATE : - 6050, 6100 : - 5900, 5850 : - SELL ON HIGH NATURAL GAS (2 NOV.) (25 OUTLOOK: TREND RESISTANCE SUPPORT STRATEGY www.TheEquicom.com +919200009266 : - CONSOLIDATE : - 232 2.00, 235.00 : - 224 24.00, 220.00 : - BUY ON DIPS
  5. 5. BASE METAL COPPER ( NOV.) (29 OUTLOOK: TREND RESISTANCE SUPPORT STRATEGY : - CONSOLIDATE : -447.50 453.50 0, : - 438.00 435.50 0, : - SELL ON HIGH LEAD ( NOV.) (29 OUTLOOK: TREND RESISTANCE SUPPORT STRATEGY www.TheEquicom.com +919200009266 : - CONSOLIDATE : - 133 3.50, 134.50 : - 131 1.00, 130.00 : - SELL ON HIGH
  6. 6. ZINC ( NOV.) (29 OUTLOOK: TREND RESISTANCE SUPPORT STRATEGY : - CONSOLIDATE : - 119.50, 120.50 , : - 117.00, 116.00 , : - SELL ON HIGH ALUMINUM ( NOV.) (29 OUTLOOK: TREND RESISTANCE SUPPORT STRATEGY : - CONSOLIDATE : - 113.00, 114.00 1 : - 110.50, 109.50 1 : - SELL ON HIGH NICKEL ( NOV.) (29 OUTLOOK: TREND RESISTANCE SUPPORT STRATEGY www.TheEquicom.com +919200009266 : - CONSOLIDATE : - 875.00, 883.00 8 : - 862.00, 856.00 8 : - SELL ON HIGH
  7. 7. GOLD SILVER COPPER CRUDE OIL NATURAL GAS PALLADIUM PLATINUM 1285.36 20.807 03.175 93.85 03.553 553 737.10 0 1442.10 0 www.TheEquicom.com +919200009266 USDINR EURUSD USDJPY USDCHF GBPUSD USDCAD 63.1900 01.3466 99.6260 00.9149 01.6033 01.0472
  8. 8. www.TheEquicom.com +919200009266
  9. 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. nsider 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. 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 based 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 e 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. arket 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 u to/with anyone us which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken. www.TheEquicom.com +919200009266

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