DAILY COMMODITY REPORT 27th DECEMBER 2013
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 27th DECEMBER 2013 COMMODITY
CONTRACT
OPEN PRICE
HIGH
LOW
CLOSE PRICE
%CHANGE
OI (in lots)
GOLD
05 FEB 2014
28475.00
28697.00
28455.00
28576.00
+0.48
10043
SILVER
05 MAR 2014
44029.00
45098.00
43983.00
44776.00
+1.78
9554
CRUDE
20 JAN. 2013
6174.00
6203.00
6174.00
6199.00
+0.55
8870
NATURAL GAS
26 DEC 2013
279.10
281.60
275.60
279.30
+0.72
15157
COPPER
28 FEB 2014
467.00
470.00
466.70
470.00
+0.53
14283
NICKEL
31 DEC 2013
874.60
883.90
874.60
879.30
+0.33
4448
LEAD
31 DEC 2013
141.25
144.05
137.55
139.70
-2.28
2904
ZINC
31 DEC 2013
131.80
133.60
128.45
130.80
-2.14
4259
ALUMINIUM
31 DEC 2013
107.30
108.25
105.40
106.50
-1.12
2555
LME WAREHOUSE STOCKS (24- DEC- 2013)
YOUR MINTVISORY
METAL
TONNES IN STORAGE
ALUMINIUM
14475
COPPER
-7125
LEAD
-1000
NICKEL
2352
TIN
-205
ZINC
-5025 Call us at +91-731-6642300
INTERNATIONAL MARKETS 27th DECEMBER 2013
PRECIOUS AND INDUSTRY METALS COMMODITY
UNITS
PRICE
CHANGE
% CHANGE
CONTRACT
COMEX GOLD
USD/T OZ.
1,210.40
-1.90
-0.16%
FEB 14
GOLD SPOT
USD/T OZ.
1,211.06
+0.42
+0.03%
N/A
COMEX SILVER
USD/T OZ.
19.83
+0.34
+1.75%
MAR 14
COMEX COPPER
USD/LB.
337.50
-2.35
-0.69%
MAR 14
PLATINUM SPOT
USD/T OZ.
1,361.15
+2.20
+0.16%
N/A
ENERGY COMMODITY FUTURES COMMODITY
UNITS
PRICE
CHANGE
% CHANGE
CONTRACT
CRUDE OIL (WTI)
USD/BBL.
99.40
-0.15
-0.15%
FEB 14
CRUDE OIL (BRENT)
USD/BBL.
111.73
-0.25
-0.22%
FEB 14
RBOB GASOLINE
USD/GAL.
281.50
-0.50
-0.18%
JAN 14
NYMEX NATURAL GAS
USD/MMBTU
4.42
-0.02
-0.34%
JAN 14
NYMEX HEATING OIL
USD/GAL.
309.69
+0.21
+0.07%
JAN 14
YOUR MINTVISORY
Call us at +91-731-6642300
INTRADAY SUPPORT AND RESISTANCE 27th DECEMBER 2013
COMMODITY
EXPIRY
SUP.3
SUP.2
SUP.1
PIVOT
RES.1
RES.2
RES.3
ALUMINIUM
31-DEC
102.33
103.87
105.18
106.72
108.03
109.57
110.88
COPPER
28-FEB
463.70
465.20
467.60
469.10
471.50
473.00
475.40
CRUDEOIL
20-JAN
6152
6163
6181
6192
6210
6221
6239
GOLD
5-FEB
28213
28334
28455
28576
28697
28818
28939
LEAD
31-DEC
130.32
133.93
136.82
140.43
143.32
146.93
149.82
NATURALGAS
26-DEC
266.67
268.93
272.17
274.43
277.67
279.93
283.17
NICKEL
31-DEC
865.3
870.0
874.6
879.3
883.9
888.6
893.2
SILVER
5-MAR
43025
43504
44140
44619
45255
45734
46370
ZINC
31-DEC
123.15
125.80
128.30
130.95
133.45
136.10
138.60
YOUR MINTVISORY
Call us at +91-731-6642300
MOST ACTIVE CONTRACTS 27th DECEMBER 2013
Symbol
Expiry Date
LTP
Value (In Lacs)
Volume (In Lots)
SILVERMICRO
28-02-2014
44799.00
3,45,91,54,785.00
77,215
NATURAL GAS
28-01-2014
280.10
1,00,97,044.80
36,048
SILVER M
28-02-2014
44795.00
1,58,35,48,045.00
35,351
CRUDE OIL
20-01-2014
6194.00
18,12,92,186.00
29,269
LEADMINI
31-12-2013
139.10
30,31,267.20
21,792
SILVER
05-03-2014
44775.00
83,82,32,775.00
18,721
COPPER
28-02-2014
468.25
87,44,568.75
18,675
ZINCMINI
31-12-2013
130.20
19,36,074.00
14,870
LEAD
31-12-2013
139.10
20,26,547.90
14,569
COPPERMINI
28-02-2014
468.35
62,34,675.20
13,312
YOUR MINTVISORY
Call us at +91-731-6642300
COMMODITY BUZZ AND ECONOMIC EVENTS 27th DECEMBER 2013
SPECIAL NEWS : China industrial profits were up 13.2 percent on year in the period of January to November, the National Bureau of Statistics said on Friday, coming in at 5.33 trillion yuan. That's down from the 13.7 percent annual increase in the year through October. For November, total industrial profits gained 9.7 percent to 707.48 billion yuan - down from the 15.1 percent yearly gain in October. Japan moved a bit closer to its inflation goal in November, with data showing a 1.2% rise for the core consumer price index from a year earlier. It was higher than the 0.9% increase in October. Japan's retail activity accelerated in November, while industrial production inched up just slightly. Retail sales rose 4% from a year earlier, picking up their pace from October's revised 2.4% rise. South Korea trimmed its growth forecast for next year while maintaining the economy will likely continue to pick up with fiscal spending at home and an international recovery.
YOUR MINTVISORY
COMMODITY BUZZ : Copper is in for some more charge forward on the back rising trading interest in local markets. Although the International markets are trading quietly ahead of year ending. MCX Copper prices ticked forward and settled at Rs 470 per kg. Resistance for the contract is at Rs 473 per kg. With Rs 468 and 465 as an active support. However the volatility in Copper is expected to be lower with holiday thinned volumes.
Gold is moving for a near 30% decline in 2013. Gold tumbled 28% this year, set for the worst annual drop since 1981, as equities rallied and the Fed said it will cut monthly asset purchases to $75 bn from $85 billion. Meanwhile, platinum prices have gained significantly on fall in gold prices.
The higher lows in Crude Oil contract on MCX is beneficial for the commodity in coming days. MCX Crude Oil closed at Rs 6199 per barrel on 26 December 2013, up 0.63%. The prices ended in green for the second consecutive day but most important was the closing just under Rs 6200 per barrel.
Call us at +91-731-6642300
EPIC RESEARCH– ANALYST SPEAKS 27th DECEMBER 2013
SILVER MCX:
The SILVER rate touched an intraday high of Rs 45098 and an intraday low of Rs 43983. 18574 contracts have been traded. Silver opened at morning with gap up and made day high. In mid session silver traded in narrow range and made night high 45098 . After evening there has been seen more buying pressure in silver and it will helpful to break the nearest resistance 45250. BUY SILVER ABOVE 44950 TGTS 45150/45450 SL 44650 SELL SILVER BELOW 44530TGTS 44330/44030 SL 44830
YOUR MINTVISORY
Call us at +91-731-6642300
EPIC RESEARCH– ANALYST SPEAKS 27th DECEMBER 2013
GOLD MCX:
The GOLD rate touched an intraday high of Rs 28697 and an intraday low of Rs 28455. 9046 contracts had been traded. Gold price was taking support at 28450 and traded in sideways range all day. In evening session Gold price broke the nearest resistance 28580 and made high of 28697. BUY GOLD ABOVE 28650 TGTS 28720/28820 SL 28550 SELL GOLD BELOW 28420 TGTS 28350/28250 SL 28520
YOUR MINTVISORY
Call us at +91-731-6642300
TODAY’S ECONOMIC EVENTS 27th DECEMBER 2013
Time
Counrty
Event
Actual Forecast
Previous
FRIDAY, DECEMBER 27
05:00
JPY
HOUSEHOLD SPENDING (YOY)
0.2%
1.7%
0.9%
05:00
JPY
TOKYO CORE CPI (YOY)
0.7%
0.7%
0.6%
05:00
JPY
TOKYO CPI (YOY)
0.9%
05:20
JPY
INDUSTRIAL PRODUCTION (MOM)
0.1%
0.4%
1.0%
05:20
JPY
RETAIL SALES (YOY)
4.0%
2.9%
2.3%
YOUR MINTVISORY
0.9%
Call us at +91-731-6642300
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.
YOUR MINTVISORY
Call us at +91-731-6642300