DAILY COMMODITY REPORT 18th FEBRUARY
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 Alternate: +91 731 664 2320 Or give us a missed call at 026 5309 0639 YOUR MINTVISORY
HNI & NRI Sales Contact USA 2117 Arbor Vista Dr. Charlotte (NC) Cell: +1 704 249 2315
Call us at +91-731-6642300
DAILY MARKET WRAPUP 18th FEBRUARY COMMODITY
CONTRACT
OPEN PRICE
HIGH
LOW
CLOSE PRICE
%CHANGE
OI (in lots)
GOLD
05-APR-14
29445
30218
29384
30157
+3.10%
11904
SILVER
05-MAR-14
47492
47931
47050
47735
+6.14%
10534
CRUDEOIL
19-MAR-14
6260
6278
6233
6246
-0.38%
3060
COPPER
28-FEB-14
447
450.65
447
447.6
+0.31%
10290
LEAD
28-FEB-14
132.2
133.15
132.2
132.45
+0.72%
3063
NICKEL
28-FEB-14
885.9
893.8
885.6
887.9
+0.69%
4603
ZINC
28-FEB-14
126.65
127.9
126.65
127.65
+1.07%
3300
NATURALGAS
25-FEB-14
325.9
338.8
325.9
337.2
+5.68%
15015
ALUMINIUM
28 FEB 2014
106.40
106.80
105.05
105.25
-1.17%
4022
LME WAREHOUSE STOCKS (17-FEB- 2014)
YOUR MINTVISORY
METAL
TONNES IN STORAGE
ALUMINIUM
-9250
COPPER
-3100
LEAD
-500
NICKEL
-180
TIN
-60
ZINC
-3575 Call us at +91-731-6642300
INTERNATIONAL MARKETS 18th FEBRUARY
PRECIOUS AND INDUSTRY METALS COMMODITY
UNITS
PRICE
CHANGE
% CHANGE
CONTRACT
COMEX GOLD
USD/t oz.
1,323.30
+4.70
+0.36%
Apr 14
GOLD SPOT
USD/t oz.
1,323.33
-8.17
-0.61%
N/A
COMEX SILVER
USD/t oz.
21.69
+0.27
+1.26%
Mar 14
COMEX COPPER
USd/lb.
327.35
+0.90
+0.28%
Mar 14
PLATINUM SPOT
USD/t oz.
1,424.63
-6.12
-0.41%
N/A
ENERGY COMMODITY FUTURES COMMODITY
UNITS
PRICE
CHANGE
% CHANGE
CONTRACT
CRUDE OIL (WTI)
USD/BBL.
100.71
+0.41
+0.41%
MAR 14
CRUDE OIL (BRENT)
USD/BBL.
109.07
-0.11
-0.10%
APR 14
RBOB GASOLINE
USD/GAL.
281.94
+1.41
+0.50%
MAR 14
NYMEX NATURAL GAS
USD/MMBTU
5.53
+0.31
+6.00%
MAR 14
NYMEX HEATING OIL
USD/GAL.
308.98
+1.16
+0.38%
MAR 14
YOUR MINTVISORY
Call us at +91-731-6642300
INTRADAY SUPPORT AND RESISTANCE 18th FEBRUARY
COMMODITY
EXPIRY
SUP.3
SUP.2
SUP.1
PIVOT
RES.1
ALUMINIUM
28-Feb
103.95
104.60
105.70
106.35
107.45
COPPER
28-Feb
444.77
446.18
448.42
449.83
452.07
CRUDEOIL
19-Mar
6207
6227
6252
6272
6297
GOLD
5-Apr
29086
29621
29920
30455
30754
LEAD
28-Feb
131.65
132.05
132.60
133.00
133.55
NATURALGAS
25-Feb
321.07
329.13
333.97
342.03
346.87
NICKEL
28-Feb
880.9
884.4
889.1
892.6
897.3
SILVER
5-Mar
46691
47213
47572
48094
48453
ZINC
28-Feb
126.15
126.90
127.40
128.15
128.65
YOUR MINTVISORY
Call us at +91-731-6642300
MOST ACTIVE CONTRACTS 18th FEBRUARY
Symbol
Expiry Date
LTP
Value (In Lacs)
Volume (In Lots)
SILVERMICRO
28-02-2014
47680.00
4,73,40,04,160.00
99,287
NATURAL GAS
25-02-2014
336.80
2,06,37,756.80
61,276
SILVER M
28-02-2014
47680.00
2,41,06,53,120.00
50,559
CRUDE OIL
19-02-2014
6229.00
18,81,78,090.00
30,210
SILVER
05-03-2014
47678.00
1,35,44,36,624.00
28,408
GOLD M
05-03-2014
30627.00
79,41,58,110.00
25,930
GOLD
05-04-2014
30089.00
61,09,27,056.00
20,304
COPPER
28-02-2014
447.70
76,70,891.80
17,134
GOLD PETAL
27-02-2014
3074.00
4,54,85,978.00
14,797
COPPERMINI
28-02-2014
447.75
58,33,734.75
13,029
YOUR MINTVISORY
Call us at +91-731-6642300
TODAY,S COMMODITY NEWS 18th FEBRUARY
COMMODITY HEADLINES
Gold jumps Rs 465 on global cues; regains key Rs 31K level. Silver futures climb over 1% on global cues. Jewellery makers see fall in supply of gold. Copper gains 0.9% on firm global cues, spot demand. Lead up 0.84% on strong spot demand, overseas cues. Centre urged to withdraw export duty on pellets. Rice stocks gain on relief in service tax. Mustardseed slips 1% on selling pressure. Castorseed falls on weak spot demand. Oil holds above $100 on strong China lending data. Crude oil down 0.2% on Asian cues. Oil prices down after lackluster US stockpiles. Mentha oil down by 1% on weak demand. Aluminium futures rise by 0.57% Mentha oil up 0.24% on increased demand.
YOUR MINTVISORY
Call us at +91-731-6642300
COMMODITY BUZZ AND ECONOMIC EVENTS 18th FEBRUARY SPECIAL NEWS Russia's industrial output fell 18.8% in January from the preceding month, data showed Monday, reflecting long New Year holidays. The Federal Statistics Service data, however, showed that industrial output declined only by 0.2% in January compared with the same period a year earlier. China attracted $10.76 billion of foreign direct investment in January-up 16.1% on year, the Ministry of Commerce said in a statement Tuesday.The figure was down from December's $12.08 billion--which was 3.3% higher on year. Non-financial overseas direct investment rose 47.2% on year in the first month of 2014 to $7.23 billion. China's higher-than-expected January export data weren't inflated, the Ministry of Commerce said on Tuesday. Exports unexpectedly jumped 10.6% on year in January--higher than 4.3% growth in December, official customs data show. Barclays tracks close to 60% of the world’s copper production and when they say that refined copper output is about to increase this year, they mean what they say. After all, with the corporate results season on, the bank has found that for the 60% global production that they track, 9% of y/y output enhancement was seen in 2013.
YOUR MINTVISORY
COMMODITY BUZZ Finance Minister (FM) P Chidambaram on Monday supported reforms in commodities markets while presenting the interim Budget for 2014-15. However, the jewellery sector, expecting a cut in the duty on gold imports and a relaxation in import norms, was disappointed. Gold prices on the Multi Commodity Exchange (MCX) rose two per cen But the gold price jumped Rs 400 per 10g on the MCX after the speech. In the evening, it went up Rs 600 at Rs 29,958 per 10g and in the international market $8-9 since early morning to $1,326 an ounce. In the Mumbai physical market, it closed at Rs 31,085 per 10g, Rs 470 higher from Saturday. Silver went up two per cent on the MCX, while in the Mumbai market it closed Rs 1,550 higher at Rs 48,700 a kg. Crude oil futures traded 0.52 per cent higher at Rs 6,230 per barrel yesterday as speculators indulged in creating positions, triggered by a firming trend in Asia. At the Multi Commodity Exchange, crude oil for delivery in March gained Rs 32, or 0.52 per cent, to Rs 6,230 per barrel, with a business turnover of 583 lots. The rise in crude oil futures was largely in tune with a firming trend in Asia, supported by a surge in bank lending in China, the world's top energy consume crude oil for March delivery advanced 21 cents to $100.51 a barrel in late morning trade, as extra cold weather in the US bolstered demand for heating fuel.
Call us at +91-731-6642300
EPIC RESEARCH– ANALYST SPEAKS 18th FEBRUARY
SILVER
Yesterday Intraday Range of SILVER MCX was 881. Open Interest was down, Volumes were 12940 lots. SILVER MCX Short term trend is UP, Immediate support @ 45700 Immediate Resistance @ 49600 BUY SILVER ABOVE 48050 TGTS 48250/48550 SL 47700 SELL SILVER BELOW 47500 TGTS 47300/47000 SL 47850
YOUR MINTVISORY
Call us at +91-731-6642300
EPIC RESEARCH– ANALYST SPEAKS 18th FEBRUARY
GOLD
Yesterday Intraday Range of GOLD MCX was 740 Open Interest was down. Volumes were 11036 lots. GOLD MCX Short term trend is UP, Immediate support @ 29500 Immediate Resistance @ 30500 BUY GOLD(APR) ABOVE 30170 TGTS 30250/30350 SL 30050 SELL GOLD(APR) BELOW 29850 TGTS 29770/29670 SL 29970
YOUR MINTVISORY
Call us at +91-731-6642300
EPIC RESEARCH– ANALYST SPEAKS 18th FEBRUARY
CASTORSEED
RESISTANCE 1
4235.7
RESISTANCE 2
4319.3
PIVOT
4187.3
SUPPORT 1
4103.7
SUPPORT 2
4055.3
Castorseed Mar looking sideways to bearish in daily chart. Momentum indicator RSI shows down, recommending sell on high. Nearest support @ 4140 & nearest resistance @ 4185. BUY CASTORSEED MAR ABOVE 4185 TGTS 4215,4265 SL 4135 SELL CASTORSEED MAR BELOW 4140 TGTS 4110,4060 SL 4190
YOUR MINTVISORY
Call us at +91-731-6642300
18th FEBRUARY
EPIC RESEARCH– ANALYST SPEAKS DHANIYA
RESISTANCE 1
9044.0
RESISTANCE 2
9143.0
PIVOT
8978.0
SUPPORT 1
8879.0
SUPPORT 2
8813.0
Dhaniya Mar contract is near to its support level assuming that form here onwards it will bounce back and continue its rally. Immediate support @ 8920 and immediate resistance @ 9085. BUY DHANIYA APR ABOVE 9085 TGTS 9115,9165 SL 9045 SELL DHANIYA APR BELOW 8920 TGTS 8890,8840 SL 8970
YOUR MINTVISORY
Call us at +91-731-6642300
TODAY’S ECONOMIC EVENTS 18th FEBRUARY
MONDAY, FEBRUARY 18 TIME
COUNTRY
EVENT
06:00
AUD
MONETARY POLICY MEETING MINUTES
TENTATIVE
JPY
BOJ PRESS CONFERENCE
15:00
GBP
CPI (YOY)
2.0%
2.0%
15:00
GBP
CPI (MOM)
-0.5%
0.4%
15:00
GBP
PPI INPUT (MOM)
-0.5%
0.1%
15:30
EUR
ZEW ECONOMIC SENTIMENT
73.9
73.3
15:30
EUR
GERMAN ZEW CURRENT CONDITIONS
44.0
41.2
15:30
EUR
GERMAN ZEW ECONOMIC SENTIMENT
61.7
61.7
19:00
CAD
FOREIGN SECURITIES PURCHASES
9.97B
8.66B
19:00
USD
NY EMPIRE STATE MANUFACTURING INDEX
9.00
12.51
19:30
USD
TIC NET LONG-TERM TRANSACTIONS
-24.7B
-29.3B
YOUR MINTVISORY
ACTUAL FORECAST PREVIOUS
Call us at +91-731-6642300
DISCLAIMER 18th FEBRUARY 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