Daily commodity report -28-april- 2014 by epic research

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28th APRIL 2014

DAILY COMMODITY REPORT

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28th APRIL 2014

COMMODITY CONTRACT OPEN PRICE HIGH LOW CLOSE PRICE %CHANGE OI (in lots)

GOLD 05-JUN-14 28845.00 28965.00 28757.00 28790.00 0.42 10777

SILVER 05-MAY-14 42615.00 42890.00 42381.00 42482.00 0.36 12079

CRUDEOIL 21-APR-14 6266.00 6266.00 6125.00 6295 -1.93 10773

NATURALGAS 25-APR-14 282.00 292.00 283.70 293.80 2.93 6988

COPPER 30-APR-14 414.30 422.75 414.30 413.60 1.14 13415

LEAD 30-APR-14 131.40 131.65 129.50 130.85 -0.92 2511

NICKEL 30-APR-14 1124.10 1124.10 1108.50 1125.60 -0.69 7680

ZINC 30-APR-14 125.55 126.40 124.20 125.40 -0.92 1497

ALUMINIUM 30-APR-14 112.65 113.15 110.15 112.55 -1.92 1914

DAILY MARKET WRAPUP

METAL TONNES IN STORAGE

ALUMINIUM 11875

COPPER -1000

LEAD -1500

NICKEL 678

TIN 5

ZINC -3100

LME WAREHOUSE STOCKS (25-APRIL- 2014)


28th APRIL 2014

COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT

CRUDE OIL (WTI) USD/BBL. 100.89 +0.29 +0.29% JUN 14

CRUDE OIL (BRENT) USD/BBL. 109.76 +0.18 +0.16% JUN 14

RBOB GASOLINE USD/GAL. 308.03 +0.52 +0.17% MAY 14

NYMEX NATURAL GAS USD/MMBTU 4.65 0.00 0.00% MAY 14

NYMEX HEATING OIL USD/GAL. 299.74 +1.08 +0.36% MAY 14

COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT

COMEX GOLD USD/T OZ. 1,306.10 +5.30 +0.41% JUN 14

GOLD SPOT USD/T OZ. 1,305.26 +2.01 +0.15% N/A

COMEX SILVER USD/T OZ. 19.77 +0.05 +0.24% JUL 14

COMEX COPPER USD/LB. 309.40 +0.10 +0.03% JUL 14

PLATINUM SPOT USD/T OZ. 1,430.00 +7.25 +0.51% N/A

INTERNATIONAL MARKETS

ENERGY COMMODITY FUTURES

PRECIOUS AND INDUSTRY METALS


28th APRIL 2014

MOST ACTIVE CONTRACTS

Symbol Expiry Date LTP Value (In Lacs) Volume (In Lots)

SILVERMICRO 30-04-2014 42649.00 3,06,45,86,544.00 71,856

CRUDE OIL 19-05-2014 6134.00 38,45,34,326.00 62,689

SILVER M 30-04-2014 42645.00 1,53,42,39,165.00 35,977

COPPER 30-04-2014 418.30 1,34,27,848.30 32,101

NICKEL 30-04-2014 1117.80 3,17,55,580.20 28,409

COPPERMINI 30-04-2014 418.30 99,04,925.70 23,679

SILVER 05-05-2014 42637.00 91,75,05,603.00 21,519

NICKELMINI 30-04-2014 1117.70 2,36,33,766.50 21,145

NATURAL GAS 27-05-2014 285.20 58,62,856.40 20,557

LEADMINI 30-04-2014 129.70 19,79,092.30 15,259


28th APRIL 2014

COMMODITY EXPIRY SUP.3 SUP.2 SUP.1 PIVOT RES.1

ALUMINIUM 30-MAY 109.80 110.80 112.60 113.60 115.40

COPPER 30-JUN 413.10 416.30 419.70 422.90 426.30

CRUDEOIL 19-MAY 6033 6082 6174 6223 6315

GOLD 5-JUN 28668 28786 28876 28994 29084

LEAD 30-MAY 129.53 130.27 131.53 132.27 133.53

NATURALGAS 27-MAY 278.63 281.87 286.93 290.17 295.23

NICKEL 30-MAY 1110.4 1118.2 1123.7 1131.5 1137.0

SILVER 5-MAY 42117 42362 42626 42871 43135

ZINC 30-MAY 123.70 124.45 125.90 126.65 128.10

INTRADAY SUPPORT AND RESISTANCE


28th APRIL 2014

TODAY,S COMMODITY NEWS

COMMODITY HEADLINES

Gold caps longest 6-week rally on Ukraine-Russia tensions

Gold, silver rise on seasonal demand, global cues

219 kg of gold seized from Kerala airports in one year

Silver down 0.1% in futures trade, tracking global cues

Nickel down 0.5% on overseas trends, subdued demand

JSW Steel mulls using Goan ore for Dolvi plant

SC ruling on Goa mining may hurt 19 Odisha mines

Iron ore exports up 2% in FY14; to grow at healthy rate in FY15

FCI earns Rs 9,310-cr by selling 5.8 MT of wheat under OMSS

Agri commodities rise on fears of low rainfall

Soybean oil import up 112% in Nov-March

Chilli down 2% on profit-booking

Oil prices fall after Russia downgrade

Oil prices up on Ukraine tensions


28th APRIL 2014

SPECIAL NEWS

India's index of mineral production of mining and quarrying

sector for the month of February (new Series 2004-05=100)

2014 at 126.3, was 1.4% higher as compared to February

2013. The cumulative growth for the period April- February

2013-14 over the corresponding period of the previous year

stands at (-) 1.1%, according to a latest update from the Min-

istry Of Mines. The total value of mineral production

(excluding atomic & minor minerals) during February 2014

was Rs. 18118 crore. iron ore Rs.2762 crore, natural gas

(utilized) Rs. 1712 crore, limestone Rs. 386 crore and lignite

Rs. 519 crore.

British retail sales unexpectedly rose for a second straight

month in March, figures from the Office for National Statis-

tics showed Friday. Retail sales including automotive fuel

rose 0.1 percent month-on-month, following a 1.3 percent

gain in February, revised from 1.7 percent. Year-on-year,

sales grew 4.2 percent in March, after a 3.3 percent rise in

the previous month, revised from 3.7 percent.sales grew 4.2

percent in March, after a 3.3 percent rise in the previous

month, revised from 3.7 percent.

COMMODITY BUZZ

Investors are putting their faith back into gold, spurring the

longest price rally in six weeks. Futures rose for a third

straight day amid reignited tension in Eastern

Europe. Bullion reached a six-month high after Russia an-

nexed Crimea last month, and then fell almost nine per

cent on signs that peace would return. Hostilities this week

are bringing back the gold bulls. The metal has risen 8.2 per

cent this year as the conflict between Russia

and Ukraine spurs traders to unwind bets on a drop, even as

signs of improving US economic growth push the Federal

Reserve to reduce stimulus. Gold slid 28 per cent in 2013,

partly because the outlook for the Fed to scale back bond

purchases dimmed the appeal of bullion as an inflation

hedge.

"Due to the ongoing Lok Sabha elections there might be a

problem in momentum this year during as the general sen-

timent for bullion is weak. Last year, the price was very at-

tractive," All India Gems & Jewellery Trade Federation

(GJF) chairman Haresh Soni told PTI. The curbs imposed

by the government to restrict gold imports in order to con-

trol current account deficit have resulted in lack of enough

stock .

COMMODITY BUZZ AND ECONOMIC EVENTS


28th APRIL 2014

EPIC RESEARCH– ANALYST SPEAKS

SILVER

SILVER MCX Short term trend is UP, Immediate support @ 42400 Immediate Resistance @ 42700

SILVER MCX Closed @ 42482.00 . Yesterday Intraday Range of SILVER MCX was 325 .Open Interest was DOWN -0.08

%, Volumes were 12970 lots. For today Keep a close eye on US data, volatility may Rule the overall Market due to US-

DINR Movements.

BUY SILVER(MAY) ABOVE 42700 TGTS 42900/43100 SL 42380

SELL SILVER(MAY) BELOW 42390 TGTS 42190/41840 SL 42700


28th APRIL 2014


GOLD

GOLD MCX Short term trend is UP, Immediate support @ 28700 Immediate Resistance @ 28850 GOLD MCX Closed

@28790.00 Yesterday Intraday Range of GOLD MCX was 144. Open Interest was UP + 6.60 %, Volumes were 10995 lots

For today Keep a close eye on US data, volatility may Rule the overall Market due to USDINR Movements.

BUY GOLD(JUN) ABOVE 28850 TGTS 28930/29030 SL 28730

SELL GOLD(JUN) BELOW 28620 TGTS 28540/28440 SL 28720


28th APRIL 2014


DHANIYA

Dhaniya daily chart, price is in support level, we will wait for the closing of next trading session. however trend is bullish.

Momentum indicator RSI is below mid range. Immediate support @ 9180 & Immediate resistance @ 9275.

BUY DHANIYA ABOVE 9275 TGTS 9305,9355 SL 9225

SELL DHANIYA BELOW 9180 TGTS 9150,9100 SL 9230

RESISTANCE 2 9634

RESISTANCE 1 9424

PIVOT 9250

SUPPORT 1 9069

SUPPORT 2 8924


28th APRIL 2014


GUARSEED

Guarseed May daily chart breaks consolidation in upper side. expecting from here onwards Guarseed price may go up

Momentum indicators RSI is in overbought zone signs bullishness. In intraday basis immediate support @ 5280 & immediate

resistance @ 5220.

BUY GUARSEED ABOVE 5280 TGTS 5310,5360 SL 5230

SELL GUARSEED BELOW 5220 TGTS 5190,5140 SL 5270

RESISTANCE 2 5368

RESISTANCE 1 5317

PIVOT 5240

SUPPORT 1 5162

SUPPORT 2 5058


28th APRIL 2014

MONDAY, APRIL 28

TIME COUNTRY EVENT ACTUAL FORECAST PREVIOUS

ALL DAY HOLIDAY SOUTH AFRICA - PUBLIC HOLIDAY

05:20 JPY RETAIL SALES (YOY) 11.0% 11.0% 3.6%

12:30 TRY TURKISH CONSUMER CONFIDENCE 69.2

19:30 USD PENDING HOME SALES (MOM) 1.0% -0.8%

TODAY’S ECONOMIC EVENTS


28th APRIL 2014

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Daily commodity report -28-april- 2014 by epic research

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Transcript of Daily commodity report -28-april- 2014 by epic research