DAILY COMMODITY REPORT 30th JANUARY 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 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 30th JANUARY 2014 COMMODITY
CONTRACT
OPEN PRICE
HIGH
LOW
CLOSE PRICE
%CHANGE
OI (in lots)
GOLD
05 FEB 2014
29450.00
29840.00
29346.00
29521
0.69
6609
SILVER
05 MAR 2014
44100.00
45074.00
43844.00
44169.00
0.65
10407
CRUDE
19 FEB 2014
6120.00
6149.00
6058.00
6133.00
-0.07
11862
NATURAL GAS
28 JAN 2014
308.20
320.80
303.50
309.10
3.69
17693
COPPER
28 FEB 2014
452.15
454.20
449.45
453.00
-0.12
10332
NICKEL
31 JAN 2014
884.50
888.60
876.10
886.10
-0.82
4166
LEAD
31 JAN 2014
133.80
135.10
132.85
134.35
0.11
2501
ZINC
31 JAN 2014
124.55
125.45
123.80
125.05
-0.24
1410
ALUMINIUM
31 JAN 2014
107.20
107.75
106.60
107.70
-0.56
1769
LME WAREHOUSE STOCKS (29– JAN- 2014)
YOUR MINTVISORY
METAL
TONNES IN STORAGE
ALUMINIUM
1050
COPPER
-3775
LEAD
300
NICKEL
144
ZINC
-4600 Call us at +91-731-6642300
INTERNATIONAL MARKETS 30th JANUARY 2014
PRECIOUS AND INDUSTRY METALS COMMODITY
UNITS
PRICE
CHANGE
% CHANGE
CONTRACT
COMEX GOLD
USD/T OZ.
1,261.90
-0.30
-0.02%
APR 14
GOLD SPOT
USD/T OZ.
1,262.23
-5.11
-0.40%
N/A
COMEX SILVER
USD/T OZ.
19.55
-0.01
-0.04%
MAR 14
COMEX COPPER
USD/LB.
323.35
-0.70
-0.22%
MAR 14
PLATINUM SPOT
USD/T OZ.
1,406.88
-6.18
-0.44%
N/A
ENERGY COMMODITY FUTURES COMMODITY
UNITS
PRICE
CHANGE
% CHANGE
CONTRACT
CRUDE OIL (WTI)
USD/BBL.
97.53
+0.17
+0.17%
MAR 14
CRUDE OIL (BRENT)
USD/BBL.
107.89
+0.04
+0.04%
MAR 14
RBOB GASOLINE
USD/GAL.
265.96
-0.13
-0.05%
FEB 14
NYMEX NATURAL GAS
USD/MMBTU
5.39
-0.07
-1.34%
MAR 14
NYMEX HEATING OIL
USD/GAL.
319.00
+0.84
+0.26%
FEB 14
YOUR MINTVISORY
Call us at +91-731-6642300
INTRADAY SUPPORT AND RESISTANCE 30th JANUARY 2014
COMMODITY
EXPIRY
SUP.3
SUP.2
SUP.1
PIVOT
RES.1
ALUMINIUM
31-Jan
105.43
106.02
106.58
107.17
107.73
COPPER
28-Feb
445.38
447.42
450.13
452.17
454.88
CRUDEOIL
19-Feb
5985
6021
6076
6112
6167
GOLD
5-Feb
28949
29147
29443
29641
29937
LEAD
31-Jan
131.12
131.98
133.37
134.23
135.62
NATURALGAS
25-Feb
290.03
296.77
308.93
315.67
327.83
NICKEL
31-Jan
858.8
867.1
871.9
880.2
885.0
SILVER
5-Mar
42578
43211
43808
44441
45038
ZINC
31-Jan
122.37
123.08
124.02
124.73
125.67
CARDAMOM
15-Feb
711.8
721.2
739.2
748.6
Call us at +91-731-6642300
YOUR MINTVISORY
766.6
MOST ACTIVE CONTRACTS 30th JANUARY 2014
Symbol
Expiry Date
LTP
Value (In Lacs)
Volume (In Lots)
SILVERMICRO
28-02-2014
44492.00
5,76,48,28,440.00
1,29,570
NATURAL GAS
25-02-2014
320.50
3,31,15,983.00
1,03,326
CRUDE OIL
19-02-2014
6129.00
42,16,93,587.00
68,803
SILVER M
28-02-2014
44492.00
2,48,55,90,072.00
55,866
SILVER
05-03-2014
44456.00
1,42,28,14,280.00
32,005
COPPER
28-02-2014
452.45
1,11,07,195.05
24,549
LEADMINI
31-01-2014
134.60
28,34,137.60
21,056
COPPERMINI
28-02-2014
452.45
87,57,622.20
19,356
GOLD M
05-02-2014
29826.00
50,72,80,608.00
17,008
GOLD
05-02-2014
29725.00
49,26,62,150.00
16,574
YOUR MINTVISORY
Call us at +91-731-6642300
TODAY,S COMMODITY NEWS 30th JANUARY 2014
COMMODITY HEADLINES
Silver down 0.6% on global cues, weak spot demand and Gold down 0.7%
Jewellery sales shoot up on panic buying with old notes
Zinc down 0.9% on global cues
Nickel down 0.6% on spot demand, global cues
Soybean down 1.7% on global cues
Chana down 0.8% on subdued spot demand
Coriander up 1.1% on spot demand
Oil rebounds in Asia on bargain hunting
Oil prices supported by dip in US distillate supplies
Oil prices hit by profit-taking in Asian trade
Mentha oil up 0.2% on spot demand
YOUR MINTVISORY
Call us at +91-731-6642300
COMMODITY BUZZ AND ECONOMIC EVENTS 30th JANUARY 2014
COMMODITY BUZZ
SPECIAL NEWS
MCX Gold edged up yesterday following a recovery in global prices. The South African miners strike continues and bargain hunting emerged in the yellow metal after losses in last session. COMEX Gold eased from its tow month highs as profit selling tricked in following the improving US consumer confidence and rising equities. The overall sentiments in global markets were steady today and the US dollar gained to a one week high of 1.3640 against the Euro ahead of the Fed decision later on yesterday .The Reserve Bank of Australia has cut interest rates eight times since late 2011 to a record low of 2.50% to cushion the economy against the downturn. Japan retail sales rose 2.6 percent on year in December, the Ministry of Economy, Trade and Industry said on Thursday, following the upwardly revised 4.1 percent gain in the previous month (originally 4.0 percent). Sales from large retailers added just 0.1 percent on year after gaining 0.6 percent in November.
YOUR MINTVISORY
The Federal Reserve Wednesday took another gradual step toward exiting its controversial bond-buying program, remaining stoic in the face of market turmoil.. As expected, the central bank went ahead with a second $10 billion reduction in its monthly bond buys, to $65 billion. The decision came at the end of a two-day meeting that will mark the end of the Ben Bernanke era. Bernanke is stepping aside as Chairman after eight years, replaced by current Vice Chair Janet Yellen.
The HSBC China Manufacturing Purchasing Managers' Index fell to a final reading of 49.5 in January from 50.5 in December, HSBC Holdings PLC said on Thursday. A reading below 50 in the gauge of nationwide manufacturing indicates a contraction from the previous month and above indicates expansion. New export orders declined for the second straight month and production grew marginally, The final reading was slightly lower than HSBC's preliminary January PMI of 49.6 published on Jan. 23. The preliminary figure is based on 85% to 90% of responses to its PMI survey
Call us at +91-731-6642300
EPIC RESEARCH– ANALYST SPEAKS 30th JANUARY 2014
SILVER
SILVER MCX Short term trend is up, Immediate support @ 45300 Immediate Resistance @ 44300 yesterday SILVER MCX Closed @ 44405.Yesterday Intraday Range of SILVER MCX was 1230. Open Interest was down 17.37, Volumes were 33437 lots. For today Keep a close eye on US data, volatility may Rule the overall Market due to USDINR Movements. BUY SILVER ABOVE 44750 TGTS 44950/45250 SL 44350 SELL SILVER BELOW 44100 TGTS 43900/43600SL 44450
YOUR MINTVISORY
Call us at +91-731-6642300
EPIC RESEARCH– ANALYST SPEAKS 30th JANUARY 2014
GOLD MCX:
GOLD MCX Short term trend is up, Immediate support @ 29350 Immediate Resistance @ 29900 GOLD MCX Closed @ 29521 Yesterday Intraday Range of GOLD MCX was +494 Open Interest was down 4.24, Volumes were 17340lots. For today Keep a close eye on US data, volatility may Rule the overall Market due to USDINR Movements. BUY GOLD ABOVE 29880 TGTS 29960/30060 SL 29760 SELL GOLD BELOW 29600 TGTS 29520/29420 SL 29720
YOUR MINTVISORY
Call us at +91-731-6642300
EPIC RESEARCH– ANALYST SPEAKS 30th JANUARY 2014
CASTORSEED
RESISTANCE 1
4181.70
RESISTANCE 2
4256.30
PIVOT
4122.3
SUPPORT 1
4047.7
SUPPORT 2
3988.3
Castorseed Feb. looking sideways to bearish in daily chart. Momentum indicators also support bearishness. Profit booking is continue in downside, but expecting price will go down. In intraday basis immediate support @ 4080 & immediate resistance @ 4150. BUY CASTORSEED FEB ABOVE 4150 TGTS 4180,4230 SL 4100 SELL CASTORSEED FEB BELOW 4080 TGTS 4050,4000 SL 4130
YOUR MINTVISORY
Call us at +91-731-6642300
EPIC RESEARCH– ANALYST SPEAKS 30th JANUARY 2014
DHANIYA
RESISTANCE 1
8379.7
RESISTANCE 2
8439.3
PIVOT
8307.3
SUPPORT 1
8247.7
SUPPORT 2
8175.3
On Technical chart Dhaniya Feb. is in bullish trend where Dhaniya Feb. future has strong resistance at 8670. on intraday basis immediate support @ 8390 and immediate resistance @8495.Momentum indicators RSI and MACD is above their mid range also support bullish trend in Dhaniya. Expecting that rising in price will continue in upcoming trading session. BUY DHANIYA FEB ABOVE 8495 TGTS 8525,8575 SL 8445 SELL DHANIYA FEB BELOW 8390 TGTS 8360,8310 SL 8440
YOUR MINTVISORY
Call us at +91-731-6642300
TODAY’S ECONOMIC EVENTS 30th JANUARY 2014
TIME
COUNTRY
EVENT
ACTUAL FORECAST PREVIOUS
THURSDAY, JANUARY 30 ALL DAY
SOUTH KOREA - LUNAR NEW YEAR
00:30
USD
FOMC STATEMENT
00:30
USD
INTEREST RATE DECISION
0.25%
0.25%
01:30
NZD
INTEREST RATE DECISION
2.50%
2.50%
01:30
NZD
RBNZ RATE STATEMENT
03:15
NZD
BUILDING CONSENTS (MOM)
-5.0%
11.1%
05:20
JPY
RETAIL SALES (YOY)
3.8%
4.0%
05:30
AUD
HIA NEW HOME SALES (MOM)
07:15
CNY
CHINESE HSBC MANUFACTURING PMI
49.6
49.6
13:30
EUR
SPANISH GDP (QOQ)
0.3%
0.1%
13:30
CHF
KOF LEADING INDICATORS
2.00
1.95
14:25
EUR
GERMAN UNEMPLOYMENT CHANGE
-5K
-15K
14:25
EUR
GERMAN UNEMPLOYMENT RATE
6.9%
6.9%
19:00
USD
GDP (QOQ)
3.2%
4.1%
19:00
USD
GDP PRICE INDEX (QOQ)
1.3%
2.0%
19:00
USD
INITIAL JOBLESS CLAIMS
330K
326K
19:00
USD
REAL CONSUMER SPENDING
20:30
USD
PENDING HOME SALES (MOM)
YOUR MINTVISORY
7.5%
2.0% 0.3%
0.2% Call us at +91-731-6642300
DISCLAIMER 30th JANUARY 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