DAILY COMMODITY REPORT 27THDECEMBER 2012
WWW.EPICRESEARCH.CO
+91 9752199966
HEADLINES
Gold demand set to pick up in new year After a strong performance in July-September period, gold demand in India is likely to go up in the coming year on the back of stabilizing prices of the yellow
TRADING TIP:
Sell Nickel Dec Below 949.50
metal. According to analysts, gold prices is likely to settle around Rs 29,000 to Rs 32,000 per 10 grams in the near term due to better economic growth expectations and expected rate cuts from banks. While a host of international factors such as the US fiscal cliff
TGTS-943/935
will impact prices of the precious metal, analysts say a
SL-955.50
in gold prices, at least during the first half of the
stable domestic environment will ensure less volatility coming year. "Fiscal cliff is currently the most important event. Fitch 2013 outlook stable for base metals in
Sell Zinc Dec Below 112
Latin America Fitch Ratings Director Jay Djemal said that Latin American Metals and Mining observed that higher
TGTS-111.20/110.50
operating costs remain entrenched. The report said that
SL-112.90
and mining. Cost pressures will increase for power,
“Higher operating costs will continue in 2013 for metals fuel, labor, operating materials, and maintenance.
WWW.EPICRESEARCH.CO
+91 9752199966
PRODUCT NAME
EXP DATE
OPEN
HIGH
LOW
CLOSE
LTP
CHG
PERCENTAGE CHANGE
CHANA
7/19/2012
4556
4573
4525
4560
4532
-28
-0.61
CHILLI
7/19/2012
5060
5060
5018
5120
5018
-102
-1.99
GUR
7/19/2012
1188
1188
1178
1183.5
1178
-5.5
-0.46
JEERA
7/19/2012
14955
14960
14650
15052.5
14800
-252.5
KAPAS
7/19/2012
1044
1053
1035
1049
1041
-8
-0.76
Symbol
DAILY MARKET STATISTICS
Expiry Date
PCP
% Change
-1.68
LTP
Crude Oil PEPPER 7/19/2012
21-Jan-13 42300 42555
4908.00 42250 42390
1.53 42435
45
4983.00 0.11
Nickel REF SOYA 7/19/2012
31-Dec-12 780.5 783.6
950.20 777.4 782.85
-0.03 781.3
-1.55
949.90 -0.2
SOY BEANSilver 7/19/2012
4309 5-Mar-13 4330
4265.5 57729.00 4303
4315 -0.45
12
0.28 57472.00
TURMERIC 7/19/2012 Gold
4600 4676 5-Feb-13
4518 4664 30854.00
4540 -0.51
-124
-2.66 30698.00
1251
1251
1282
WHEAT
7/19/2012
1282
1246
36
2.89
Lead
31-Dec-12
126.45
0.04
126.50
Zinc
31-Dec-12
112.40
0.13
112.55
Copper
28-Feb-13
436.30
0.58
438.85
Aluminium
31-Dec-12
112.30
0.22
112.55
WWW.EPICRESEARCH.CO
+919752199966
DAILY MCX GOLD CHART
ANALYSIS OPEN: 30785 HIGH: 30807 LOW: 30661 CLOSE: 30698
GOLD LOOKS UPWARD TREND: BULLISH STRATEGY: BUY ON DIPS
DAILY MCX SILVER CHART
ANALYSIS OPEN: 57790 HIGH: 57860 LOW: 57270 CLOSE: 57472
SILVER LOOKS UPWARD TREND: BULLISH STRATEGY: BUY ON DIPS
www.epicresearch.co
9752199966
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. 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.