Daily Commodity Report 28 Jan by EPIC RESEARCH 2014

8/13/2019 Daily Commodity Report 28 Jan by EPIC RESEARCH 2014

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YOUR MINTVISORY Call us at +91-731-6642300

28thJANUARY 2014

DAILY COMMODITY REPORT

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COMMODITY CONTRACT OPEN PRICE HIGH LOW CLOSE PRICE CHANGE OI (in lots)GOLD 05 FEB 2014 29550.00 29849.00 29550.00 29355.00 1.52 6849

SILVER 05 MAR 2014 44880.00 45439.00 44810.00 44910.00 0.82 9766

CRUDE 19 FEB 2014 6105.00 6170.00 6073.00 6101.00 -0.23 10265

NATURAL GAS 28 JAN 2014 321.40 341.70 308.10 297.00 3.87 8554

COPPER 28 FEB 2014 455.70 460.75 454.65 453.00 1.11 10147

NICKEL 31 JAN 2014 902.00 907.50 893.30 905.40 -1.30 4974

LEAD 31 JAN 2014 135.25 136.35 134.70 132.90 2.11 2431

ZINC 31 JAN 2014 126.60 127.70 125.90 126.70 0.12 1772

ALUMINIUM 31 JAN 2014 108.30 109.00 107.55 107.50 1.32 1913

DAILY MARKET WRAPUP

METAL TONNES IN STORAGEALUMINIUM -7050

COPPER -1575

LEAD 2100

NICKEL 192

ZINC -4750

LME WAREHOUSE STOCKS (27 JAN- 2014)


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COMMODITY UNITS PRICE CHANGE CHANGE CONTRACTCRUDE OIL (WTI) USD/BBL. 95.79 +0.07 +0.07% MAR 14

CRUDE OIL (BRENT) USD/BBL. 106.94 +0.25 +0.23% MAR 14

RBOB GASOLINE USD/GAL. 262.77 -3.55 -1.33% FEB 14

NYMEX NATURAL GAS USD/MMBTU 4.89 +0.04 +0.91% FEB 14

NYMEX HEATING OIL USD/GAL. 308.97 -0.27 -0.09% FEB 14

COMMODITY UNITS PRICE CHANGE CHANGE CONTRACTCOMEX GOLD USD/T OZ. 1,257.60 -5.90 -0.47% APR 14

GOLD SPOT USD/T OZ. 1,258.16 +1.05 +0.08% N/A

COMEX SILVER USD/T OZ. 19.76 -0.01 -0.03% MAR 14

COMEX COPPER USD/LB. 326.50 +0.60 +0.18% MAR 14

PLATINUM SPOT USD/T OZ. 1,420.25 +7.63 +0.58% N/A

INTERNATIONAL MARKETS

ENERGY COMMODITY FUTURES

PRECIOUS AND INDUSTRY METALS


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

ALUMINIUM 31-JAN 106.42 107.23 107.97 108.78 109.52

COPPER 28-FEB 450.00 452.75 455.45 458.20 460.90

CRUDEOIL 19-FEB 6024 6065 6100 6141 6176

GOLD 5-FEB 29059 29289 29482 29712 29905

LEAD 31-JAN 131.35 133.40 134.50 136.55 137.65

NATURALGAS 25-FEB 283.43 295.57 302.13 314.27 320.83

NICKEL 31-JAN 893.5 900.1 906.8 913.4 920.1

SILVER 5-MAR 43960 44326 44987 45353 46014

ZINC 31-JAN 124.93 125.57 126.38 127.02 127.83

INTRADAY SUPPORT AND RESISTANCE


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MOST ACTIVE CONTRACTS

Symbol Expiry Date LTP Value (In Lacs) Volume (In Lots)NATURAL GAS 28-01-2014 308.50 3,21,69,146.00 1,04,276

SILVERMICRO 28-02-2014 45289.00 3,98,37,56,307.00 87,963

CRUDE OIL 19-02-2014 6087.00 39,42,48,903.00 64,769

SILVER M 28-02-2014 45287.00 1,89,94,72,641.00 41,943

COPPER 28-02-2014 458.85 1,10,02,305.30 23,978

COPPERMINI 28-02-2014 458.85 97,56,068.70 21,262

GOLD M 05-02-2014 29879.00 61,82,56,268.00 20,692

SILVER 05-03-2014 45270.00 88,20,85,950.00 19,485

LEADMINI 31-01-2014 135.70 25,46,953.30 18,769

NICKEL 31-01-2014 893.60 1,42,25,218.40 15,919
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TODAY,S COMMODITY NEWS

COMMODITY HEADLINESCotton rises 10% on demand for exports and local consumption

Gold curbs to arrest CAD hit West Bengals artisans hard

Natural Gas Hits Four-Year Highs, US Consumption Up 7% Over Year In January

Copper futures gain 0.51% on spot demand in Share

Oil above $97 after rising for 5th straight day

Gold Volatile After Recent Rally, Investors Eye Fed MeetingLead futures up 0.45% as demand picks up

Natural Gas Hits Four-Year Highs, US Consumption Up 7% Over Year In January

Gold mints on overtime to meet world coin demand

Gold extends gains for 2nd day on sustained buying

Gold premiums fall on import curbs

Gold steady ahead of Fed; stimulus outlook in focus

Gold falls 1 pct on Fed worries; equities steady

Copper In Deficit of 230000 Tonnes In January-October 2013

LME Copper Unchanged Before China Goes On Lunar Holidays

Brent slips over emerging market demand fears


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SPECIAL NEWSMCX Gold futures stayed supported after recent

gains though some moderation emerged following

a mini spell of profit selling in European markets

today. The COMEX Gold futures came off highs

near $1280 per ounce amid a hectic bout of volatil-

ity and currently trade at $1263.90, down 40 cents

per ounce. MCX Gold futures are trading at Rs

29699, up Rs 180 per 10 grams on the day or

0.61%. Prices had hit highs above Rs 29800 in in-

traday moves.

Natural-gas futures jumped to their highest level

in last four years amid worries that extremely cold

weather in the US would persist. The traders side-

lined the havoc in broad financial markets follow-

ing emerging market growth worries and helped

the Natural gas futures surge to $5.40 per million

British thermal units. The counter is quoting at

$5.036, up 0.76% on the day now. .

COMMODITY BUZZAustralian business conditions improved sharply last

month, driving a performance gauge to the highest

level in two-and-a-half years. National Australia

Bank's monthly business-conditions index rose to plus

-four in December from minus-three in November,

signalling a possible turning point for an economy

that weakened last year as a fading mining boom

weighed on growth.

German business confidence improved more-than-

expected this month to hit the highest level since July

2011, industry data showed on Monday. The German

research institute, Ifo said its Business Climate Index

rose to a seasonally adjusted 110.6 in January, up from

a reading of 109.5 in December. The Current Assess-

ment Index rose to 112.4 this month, meeting expec-

tations and up from 111.6 in December. The Business

Expectations Index, which measures attitudes toward

business prospects over the next six months

COMMODITY BUZZ AND ECONOMIC EVENTS


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EPIC RESEARCHANALYST SPEAKS

SILVER MCX:

MCX SILVER march contract was closed at RS 44910 up0.82 percent.

The SILVER rate have touched an intraday high of Rs 45439 and an intraday low of Rs 44810. So far 20200 contracts have been

traded. Silver opened at morning with gap up and made day high. In day session silver trade in range bound and made day high45439 . After evening Have seen more buying in silver after coming new home sales data of us market and it will helpful to break

the nearest resistance 45320 further silver will touch level 45500 next trading session.

BUY SILVER ABOVE 45520 TGTS 45720/46020 SL 45180

SELL SILVER BELOW 44900 TGTS 44700/44400 SL 45260


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GOLD

MCX GOLD February contract was closed at Rs 29355 UP 1.52. percent.

The GOLD rate touched an intraday high of Rs 29849 and an intraday low of Rs 29550. So far 12340 contracts have

been traded. Gold Price is taking support at 29650 , market is range bound all day. In evening session gold price

have cracked the nearest resistance 29750,after coming negative new home sales data of used and made high of

29822

BUY GOLD ABOVE 29850 TGTS 29930/30030 SL 29730

SELL GOLD BELOW 29650 TGTS 29570/29470 SL 29760

X


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CASTORSEED

Castor seed daily chart shoes Downtrend, bearishness will continue in upcoming trading sessions & MACD is in be-

low mid range. that shows price trend will down. castor seed will give some correction from low. recommending

sell on high. Immediate support @ 4125 and immediate resistance @ 4190

BUY CASTORSEED FEB ABOVE 4190 TGTS 4220,4270 SL 4140

SELL CASTORSEED FEB BELOW 4125 TGTS 4095,4045 SL 4175

RESISTANCE 1 4119.7

RESISTANCE 2 4162.3

PIVOT 4055.3

SUPPORT 1 4012.7

SUPPORT 2 3948.3


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DHANIYA

As per daily chart of Dhaniya Feb., bullishness will continue in upcoming trading session, fundamentally also Dhaniya is in

bullish trend. In high levels will come some profit booking , recommending buy on dips ,RSI AND MACD are above from

mid range and volume also support the bullish trend. Immediate support @ 8270and immediate resistance @ 8430.

BUY DHANIYA FEB ABOVE 8430 TGTS 8460,8510 SL 8380

SELL DHANIYA FEB BELOW 8270 TGTS 8240,8190 SL 8320

RESISTANCE 1 8600.7

RESISTANCE 2 8654.3

PIVOT 8543.3

SUPPORT 1 8489.7

SUPPORT 2 8432.3


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TIME COUNTRY EVENT ACTUAL FORECAST PREVIOUS

TUESDAY , JANUARY 28

06:00 AUD NAB BUSINESS CONFIDENCE 5

15:00 GBP GDP (YOY) 2.8% 1.9%

15:00 GBP GDP (QOQ) 0.7% 0.8%

19:00 USD CORE DURABLE GOODS ORDERS (MOM) 0.5% 1.2%

19:00 USD DURABLE GOODS ORDERS (MOM) 1.8% 3.4%

19:30 USD S&P/CS HPI COMPOSITE - 20 (YOY) 13.7% 13.6%

20:30 USD CB CONSUMER CONFIDENCE 78.1 78.1

TODAYS ECONOMIC EVENTS


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Daily Commodity Report 28 Jan by EPIC RESEARCH 2014

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