DAILY COMMODITY REPORT 4th APRIL 2014
Our Presence Epic Research India 411 Milinda Manor (Suites 409- 417)
HNI & NRI Sales Contact Australia
Toll Free Number
Mintara Road, Tarneit, Victoria. Post Code 3029
1-800-200-9454
Phone.: +61 422 063855
All queries should be directed to
2 RNT Marg. Opp Cental Mall Indore (M.P.)
Info@epicresearch.co
Hotline: +91 731 664 2300 Or give us a missed call at 026 5309 0639
HNI & NRI Sales Contact USA 2117 Arbor Vista Dr. Charlotte (NC) Cell: +1 704 249 2315
YOUR MINTVISORY
Call us at +91-731-6642300
DAILY MARKET WRAPUP 4th APRIL 2014 COMMODITY
CONTRACT
OPEN PRICE
HIGH
LOW
CLOSE PRICE
%CHANGE
OI (in lots)
GOLD
05-APR-14
28440.00
28550.00
28380.00
28184.00
1.25
252
SILVER
05-MAY-14
43091.00
43435.00
42722.00
43135.00
-0.27
14677
CRUDEOIL
21-APR-14
5970.00
6065.00
5970.00
5964.00
1.61
10343
NATURALGAS
25-APR-14
262.80
270.40
261.00
263.50
2.31
9225
COPPER
30-APR-14
404.20
406.70
402.50
404.70
0.32
20491
LEAD
30-APR-14
123.00
124.30
122.45
123.00
0.98
2497
NICKEL
30-APR-14
970.00
986.90
969.60
971.50
1.59
6932
ZINC
30-APR-14
118.85
120.25
118.75
118.45
1.52
1604
ALUMINIUM
30-APR-14
10815
110.10
108.00
108.40
1.11
3464
LME WAREHOUSE STOCKS (03-APRIL- 2014)
YOUR MINTVISORY
METAL
TONNES IN STORAGE
ALUMINIUM
-9675
COPPER
-1275
LEAD
UNCH
NICKEL
-744
TIN
90
ZINC
-4375 Call us at +91-731-6642300
INTERNATIONAL MARKETS 4th APRIL 2014
PRECIOUS AND INDUSTRY METALS COMMODITY
UNITS
PRICE
CHANGE
% CHANGE
CONTRACT
CRUDE OIL (WTI)
USD/BBL.
100.39
+0.77
+0.77%
MAY 14
CRUDE OIL (BRENT)
USD/BBL.
106.13
-0.02
-0.02%
MAY 14
RBOB GASOLINE
USD/GAL.
290.61
+3.93
+1.37%
MAY 14
NYMEX NATURAL GAS
USD/MMBTU
4.45
-0.02
-0.49%
MAY 14
NYMEX HEATING OIL
USD/GAL.
290.20
-0.42
-0.14%
MAY 14
ENERGY COMMODITY FUTURES COMMODITY
UNITS
PRICE
CHANGE
% CHANGE
CONTRACT
COMEX GOLD
USD/T OZ.
1,284.70
-6.10
-0.47%
JUN 14
GOLD SPOT
USD/T OZ.
1,284.65
-2.05
-0.16%
N/A
COMEX SILVER
USD/T OZ.
19.79
-0.27
-1.32%
MAY 14
COMEX COPPER
USD/LB.
303.00
-1.55
-0.51%
MAY 14
PLATINUM SPOT
USD/T OZ.
1,439.25
-3.00
-0.21%
N/A
YOUR MINTVISORY
Call us at +91-731-6642300
INTRADAY SUPPORT AND RESISTANCE 4th APRIL 2014
COMMODITY
EXPIRY
SUP.3
SUP.2
SUP.1
PIVOT
RES.1
ALUMINIUM
30-APR
107.13
108.37
109.23
110.47
111.33
COPPER
30-APR
400.83
403.37
405.03
407.57
409.23
CRUDEOIL
21-APR
5936
5997
6031
6092
6126
GOLD
5-JUN
27887
28010
28127
28250
28367
LEAD
30-APR
121.80
123.00
123.65
124.85
125.50
NATURALGAS
25-APR
257.63
263.87
267.23
273.47
276.83
NICKEL
30-APR
963.5
974.8
980.9
992.2
998.3
SILVER
5-MAY
42346
42684
43059
43397
43772
ZINC
30-APR
118.13
119.22
119.83
120.92
121.53
YOUR MINTVISORY
Call us at +91-731-6642300
MOST ACTIVE CONTRACTS 4th APRIL 2014
Symbol
Expiry Date
LTP
Value (In Lacs)
Volume (In Lots)
SILVERMICRO
30-04-2014
43055.00
3,22,70,58,360.00
74,952
NATURAL GAS
25-04-2014
269.60
1,58,91,302.40
58,944
CRUDE OIL
21-04-2014
6060.00
34,65,41,100.00
57,185
SILVER M
30-04-2014
43047.00
1,66,69,08,981.00
38,723
COPPER
30-04-2014
406.00
1,12,78,680.00
27,780
COPPERMINI
30-04-2014
405.95
89,20,345.30
21,974
SILVER
05-05-2014
43020.00
87,66,18,540.00
20,377
LEADMINI
30-04-2014
124.20
19,50,933.60
15,708
NICKEL
30-04-2014
986.10
1,51,38,607.20
15,352
ALUMINI
30-04-2014
109.60
16,56,823.20
15,117
YOUR MINTVISORY
Call us at +91-731-6642300
TODAY,S COMMODITY NEWS 4th APRIL 2014
COMMODITY HEADLINES Gold premiums seen falling further on any ease in trade curbs Gold, silver recover on global cues, stockists buying Copper down 0.2% on global cues Aluminium weakens on global cues Stainless steel prices set to rise as nickel turns costlier FAO: Global food prices at 10-month high in March India's soymeal exports to Iran hit as sanctions on Tehran ease Crop geneticists sequence genome of peanut Crude prices ease in Asia on profit taking Oil prices mixed in Asia after strong US data Oil prices up in Asia on US data Jignesh Shah quits IEX board NMCE gets FMC nod to launch rubber mini contracts Mentha oil up 0.5% on higher demand
YOUR MINTVISORY
Call us at +91-731-6642300
COMMODITY BUZZ AND ECONOMIC EVENTS 4th APRIL 2014
SPECIAL NEWS
COMMODITY BUZZ
The Eurozone Services Business Activity Index slipped
MCX Gold futures for June came off their highs as the global
minutely to 52.2 in March from February's 32-month
prices failed to hold onto levels near $1300 per ounce in
high of 52.6. The index still signalled an expansion of
electronic session yesterday. Bargain hunting lifted COMEX
output for the eighth successive month and one of the
Gold futures after series of decline in last few sessions. The
fastest rates of growth since the first half of 2011. The
metal is off its seven week low and currently trades at $1284,
latest increase in eurozone services output was under-
down $6.80 per ounce after hitting highs near $1395 per
pinned by a moderate increase in new business, which
ounce. MCX Gold futures for June are quoting at Rs 28048
rose at a similar pace to February. The European Central
per 10 grams, almost unchanged on the day. Some selling is
Bank has kept the interest rates unchanged as expected.
being attributed to the nervousness in global markets ahead
The ECB's key lending rate remains at 0.25%, while the
of the US non farm payrolls tomorrow.
deposit rate was held at 0% and the marginal-lending rate remains at 0.75%.
Lack of clarity in relation to losses in Chile has again fused the buying sentiments in Copper. The prices that got the
As per the market sources, fresh arrivals of 1.80-2.25 lakh
spike from the Chile earthquake last night is again sulking
bags of new maize have been reported in the major pro-
the fact that there is no clarity on the extent of damage, and
ducing states such as Andhra Pradesh and Karnataka.
weak buying sentiments in China. The prices have faced
The total daily arrivals are likely to gain strong pace from
lacklustre moves all through this week. Even though it is too
next month due to fresh supplies from Bihar. .
early to predict the damage in Chile.
YOUR MINTVISORY
Call us at +91-731-6642300
EPIC RESEARCH– ANALYST SPEAKS 4th APRIL 2014
SILVER
SILVER MCX Short term trend is DOWN, Immediate support @ 42900Immediate Resistance @ 43600SILVER MCX Closed @ 43135.00 . Yesterday Intraday Range of SILVER MCX was 713. Open Interest was UP +10.08 %, Volumes were 15047 lots. For today Keep a close eye on US data, volatility may Rule the overall Market due to USDINR Movements. BUY SILVER(MAY) ABOVE 43230 TGTS 43530/43830 SL 42880 SELL SILVER(MAY) BELOW 42900 TGTS 42700/42400 SL 43250
YOUR MINTVISORY
Call us at +91-731-6642300
EPIC RESEARCH– ANALYST SPEAKS 4th APRIL 2014
GOLD
GOLD MCX Short term trend is down, Immediate support @ 27750 Immediate Resistance @ 28160 GOLD MCX Closed @28184.00. Yesterday Intraday Range of GOLD MCX was 240. Open Interest was UP 4.64 %, Volumes were 11311 lots. For today Keep a close eye on US data, volatility may Rule the overall Market due to USDINR Movements. BUY GOLD(JUN) ABOVE 28190 TGTS 28270/28370 SL 28090 SELL GOLD(JUN) BELOW 28090 TGTS 28010/27910 SL 28200
YOUR MINTVISORY
Call us at +91-731-6642300
EPIC RESEARCH– ANALYST SPEAKS 4th APRIL 2014
GUARSEED
RESISTANCE 2
4785.00
RESISTANCE 1
4810.00
PIVOT
4757.00
SUPPORT 1
4745.00
SUPPORT 2
4730.00
Guarseed April short term trend looking sideways to bearish in daily chart. Momentum indicators is in mid range. In intraday basis immediate support @ 4755 & immediate resistance @ 4795. BUY GUARSEED APR ABOVE 4795 TGTS 4825,4875 SL 4745 SELL GUARSEED APR BELOW 4755 TGTS 4725,4675 SL 4805
YOUR MINTVISORY
Call us at +91-731-6642300
EPIC RESEARCH– ANALYST SPEAKS 4th APRIL 2014
DHANIYA
RESISTANCE 2
9560.00
RESISTANCE 1
9554.00
PIVOT
9458.00
SUPPORT 1
9411.00
SUPPORT 2
9356.00
Dhaniya daily chart shows bullish trend, but it has not given closing above its resistance 9730 in daily chart, expecting profit booking will continue in upcoming trading session, Immediate support @ 9450 & Immediate resistance @ 9525. BUY DHANIYA APR ABOVE 9525 TGTS 9555,9605 SL 9475 SELL DHANIYA APR BELOW 9450 TGTS 9420,9370 SL 9500
YOUR MINTVISORY
Call us at +91-731-6642300
TODAY’S ECONOMIC EVENTS 4th APRIL 2014
FRIDAY, APRIL 4 TIME
COUNTRY
EVENT
11:30
EUR
GERMAN FACTORY ORDERS (MOM)
12:30
GBP
HALIFAX HOUSE PRICE INDEX (MOM)
2.4%
12:30
GBP
HALIFAX HOUSE PRICE INDEX (YOY)
7.9%
18:00
CAD
EMPLOYMENT CHANGE
21.5K
-7.0K
18:00
CAD
UNEMPLOYMENT RATE
7.0%
7.0%
18:00
USD
NONFARM PAYROLLS
200K
175K
18:00
USD
PRIVATE NONFARM PAYROLLS
195K
162K
18:00
USD
UNEMPLOYMENT RATE
6.6%
6.7%
19:30
CAD
IVEY PMI
59.0
57.2
YOUR MINTVISORY
ACTUAL FORECAST PREVIOUS 0.1%
1.2%
Call us at +91-731-6642300
DISCLAIMER 4th APRIL 2014 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 & 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. Epic research recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Epic research 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 epic research 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 equity & bullion 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 epic research 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.
YOUR MINTVISORY
Call us at +91-731-6642300