Comex report-weekly27-may-2013

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Transcript of Comex report-weekly27-may-2013

  • COMMODITY WEEKLY REPORT

    i

    EPIC Research Report

    This Report contains all the study and strategy required by trader to

    trade on COMEX, NYMEX and MCX commodities. Refer to the chart

    attracted in the Report to take proper Trading Decision.

    Research Analyst: Prateek Gupta

    INDEX WATCH:

    1. MCX AND COMEX BULLIONS TECHNICAL CHARTS AND LEVELS (GOLD & SILVER)

    2. MCX AND COMEX METALS TECHNICAL CHARTS AND LEVELS (COPPER & NICKEL)

    3. MCX AND NYMEX ENERGY TECHNICAL CHARTS AND LEVELS (CRUDEOIL & NATURAL GAS)

    4. MCX AND COMEX BASE METALS TECHNICAL CHART AND LEVELS (LEAD & ALUMINIUM)

  • COMEX Weekly Newsletter (27 May 2013)

    1 | P a g e WWW.EPICRESEARCH.CO

    CALL: +917316642300

    COMMODITY WEEKLY TECHICAL REPORT!!!!

    27th-May-2013 TO 1st -June-2013

  • COMEX Weekly Newsletter (27 May 2013)

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    CALL: +917316642300

    MCX BULLIONS WEEKLY TECHNICAL LEVELS

    GOLD MCX DAILY CANDLESTICK CHART

    TRADING STRATEGY: GOLD MCX has made classical double bottm pattern and is expected to touch higher levels in this week. Immedaite Resistance @26585 and Support @26300

    1. Sell GOLD MCX Below 26280 TGT 26150/26000 SL 26400 2. Buy GOLD MCX above 26590 TGT 26700/26900 SL 26490 3. Buy GOLD MCX Above 26950 TGT 27200/27450 SL 26750

  • COMEX Weekly Newsletter (27 May 2013)

    3 | P a g e WWW.EPICRESEARCH.CO

    CALL: +917316642300

    GOLD COMEX DAILY CANDLESTICK CHART

    TRADING STRATEGY: GOLD COMEX has taken Strong Support on lower levels and Accumulation can be seen for short term. If Closes above 1400$ can head towards 1440$ Immedaite Resistance @1400 and Support @1365$

    1. Sell GOLD COMEX Below 1360 TGT 1335/1300 SL 1385 2. Buy GOLD COMEX Above 1400 (closing Baisis) TGT 1440/1485 SL 1360

  • COMEX Weekly Newsletter (27 May 2013)

    4 | P a g e WWW.EPICRESEARCH.CO

    CALL: +917316642300

    SILVER MCX DAILY CANDLESTICK CHART

    TRADING STRATEGY: SILVER MCX can be too volatile in the near term and hence avoid any huge Long or short position Immediate Resistance @44200 and Support @42280

    1. Sell SILVER MCX BeLow 42250 TGT 40750 SL 42750 2. Buy SILVER MCX above 44500 TGT 45700 SL 44000

  • COMEX Weekly Newsletter (27 May 2013)

    5 | P a g e WWW.EPICRESEARCH.CO

    CALL: +917316642300

    SILVER COMEX DAILY CANDLESTICK CHART

    TRADING STRATEGY: SILVER COMEX is trading near to oversold zone as RSI suggest and has seen buying from lower levels @20.20$ Immediate Resistance @23.10 $ and Support @22.05$

    1. Sell SILVER COMEX BeLow 21.90$ TGT 21.00/20.20 SL 22.80 2. Buy SILVER COMEX Above 23.20 TGT 24.00/24.60 SL 22.40

  • COMEX Weekly Newsletter (27 May 2013)

    6 | P a g e WWW.EPICRESEARCH.CO

    CALL: +917316642300

    MCX BASE METALS WEEKLY TECHNICAL LEVELS

    COPPER MCX DAILY CANDLESTICK CHART

    TRADING STRATEGY: COPPER MCX turned from lower support levels and buying is seen around support @392 last week . Immediate Resistance @411.50 and Support @407.00

    1. Sell COPPER MCX Below 407 TGT 403/401 SL 411 2. Buy COPPER MCX Above 411.50 TGT 416/420 SL 407

  • COMEX Weekly Newsletter (27 May 2013)

    7 | P a g e WWW.EPICRESEARCH.CO

    CALL: +917316642300

    COPPER COMEX DAILY CANDLESTICK CHART

    TRADING STRATEGY: COPPER COMEX is trading near to support levels and on weekly charts has made a classical double bottom pattern and hence buying can be seen from lower levels . Immediate Resistance @3.3790 and Support @3.2645

    1. Sell COPPER COMEX Below 3.2640 TGT 3.2234 SL 3.2750 2. Buy COPPER COMEX @3.2895CMP TGT 3.3790 SL 3.2640

  • COMEX Weekly Newsletter (27 May 2013)

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    CALL: +917316642300

    NICKEL MCX DAILY CANDLESTICK CHART

    TRADING STRATEGY: NICKEL MCX is facing stiff Resistance at higher levels around 850 and has made classical double top pattern. And Hence looks Weak in next week Immediate Resistance @850 and Support @810

    1. Sell NICKEL MCX Below 805 TGT 785/750 SL 830 2. Buy NICKEL MCX above 852 TGT 890/920 SL 832

  • COMEX Weekly Newsletter (27 May 2013)

    9 | P a g e WWW.EPICRESEARCH.CO

    CALL: +917316642300

    NICKEL COMEX DAILY CANDLESTICK CHART

    TRADING STRATEGY: NICKEL MCX is trading near to support levels @14520-14500. And if breaks this level may see more correction from current levels. Immediate Resistance @15560 and Support @14500

    1. Sell NICKEL MCX Below 14500 TGT 14000 SL 14700 2. Buy NICKEL COMEX above 15560 TGT 15830 SL 15350

  • COMEX Weekly Newsletter (27 May 2013)

    10 | P a g e WWW.EPICRESEARCH.CO

    CALL: +917316642300

    NYMEX ENERGY WEEKLY TECHNICAL LEVELS

    CRUDEOIL MCX DAILY CANDLESTICK CHART

    TRADING STRATEGY: CRUDEOIL MCX has seen buying at lower levels and each correction is a buying opportunity. Immediate Resistance @5355 And Support @5190

    1. Buy CRUDEOIL MCX around 5250- 5260 TGT 5340/5360 SL 5180 2. Sell CRUDEOIL MCX below 5180 TGT 5140/5100 SL 5220

  • COMEX Weekly Newsletter (27 May 2013)

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    CALL: +917316642300

    CRUDEOIL NYMEX DAILY CANDLESTICK CHART

    TRADING STRATEGY: CRUDEOIL NYMEX is facing stiff resistance at higher levels @97$ But as US Economy is coming on Track Crude Oil Demand may increase in near term.

    1. Buy CRUDEOIL NYMEX above 97.50$ TGT 98.25$ SL 97.00$ 2. Buy CRUDEOIL NYMEX below 95.00$ TGT 94.20$ SL 95.80$

  • COMEX Weekly Newsletter (27 May 2013)

    12 | P a g e WWW.EPICRESEARCH.CO

    CALL: +917316642300

    NATURAL GAS MCX DAILY CANDLESTICK CHART

    TRADING STRATEGY: NATURAL GAS MCX is Trading near Resistance levels @238.50 and Can Head towards higher levels in this week. On daily charts NG had made a classical Rounding Bottom Pattern. Immediate Resistance @238.50 and Support @223.50

    1. Buy NG MCX Above 239 TGT 243/246 SL 235 2. Buy NG MCX on dips around 223.50 TGT 230/238 SL 219

  • COMEX Weekly Newsletter (27 May 2013)

    13 | P a g e WWW.EPICRESEARCH.CO

    CALL: +917316642300

    NATURAL NYMEX DAILY CANDLESTICK CHART

    TRADING STRATEGY: NATURAL GAS NYMEX is trading in up trend. As intermidiate trend and Short Term trend is up better trading Strategy would be to buy on any correction. Immediate Resistance @4.285 And Support @4.080

    1. Buy NG NYMEX on dips around 4.080 TGT 4.300 SL below 3.900 2. Buy NG NYMEX above 4.290 TGT 4.430 SL 4.190

  • COMEX Weekly Newsletter (27 May 2013)

    14 | P a g e WWW.EPICRESEARCH.CO

    CALL: +917316642300

    MCX BASE METALS WEEKLY TECHNICAL LEVELS

    LEAD MCX DAILY CANDLESTICK CHART

    TRADING STRATEGY: LEAD MCX is trading near to Srtong Support Levels and has bounced back from lower levels in the last week. Immediate Resistance @116.45 and Support @113.90

    1. Buy LEAD MCX above 115.50 TGT 116.50 SL 114.50 2. Sell LEAD MCX below 113.50 TGT 112/110 SL 115

  • COMEX Weekly Newsletter (27 May 2013)

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