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DAILY COMMODITY REPORT

21th JANUARY 2014

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DAILY MARKET WRAPUP


21th JANUARY 2014
COMMODITY GOLD SILVER CRUDE NATURAL GAS COPPER NICKEL LEAD ZINC ALUMINIUM CONTRACT OPEN PRICE HIGH LOW CLOSE PRICE %CHANGE OI (in lots)

05 FEB 2014 05 MAR 2014 20 JAN 2014 28 JAN 2014 28 FEB 2014 31 JAN 2014 31 JAN 2014 31 JAN 2014 31 JAN 2014

29288.00 45084.00 5832.00 265.30 458.60 895.0 135.46 128.35 110.05

29390.00 45265.00 5836.00 265.30 459.20 896.70 135.75 128.65 110.20

29288.00 44983.00 5800.00 261.50 456.25 881.80 134.50 127.60 109.00

29034.00 44545.00 5822.00 269.20 456.55 897.30 133.70 127.50 108.40

0.99 1.23 -0.12 -2.19 0.01 -0.31 0.71 0.43 0.65

8404 10932 9381 13407 11283 6444 3366 3082 2307

LME WAREHOUSE STOCKS (21 JAN- 2014)


METAL TONNES IN STORAGE

ALUMINIUM COPPER LEAD NICKEL ZINC


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-8200 -1225 -500 816 -4200


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INTERNATIONAL MARKETS
21th JANUARY 2014

PRECIOUS AND INDUSTRY METALS COMMODITY


COMEX GOLD GOLD SPOT COMEX SILVER COMEX COPPER PLATINUM SPOT

UNITS
USD/T OZ. USD/T OZ. USD/T OZ. USD/LB. USD/T OZ.

PRICE
1,252.40 1,253.05 20.22 334.00 1,463.88

CHANGE
+0.50 -1.30 -0.09 -0.45 -5.12

% CHANGE
+0.04% -0.10% -0.44% -0.13% -0.35%

CONTRACT
FEB 14 N/A MAR 14 MAR 14 N/A

ENERGY COMMODITY FUTURES COMMODITY


CRUDE OIL (WTI) CRUDE OIL (BRENT) RBOB GASOLINE NYMEX NATURAL GAS NYMEX HEATING OIL

UNITS
USD/BBL. USD/BBL. USD/GAL. USD/MMBTU USD/GAL.

PRICE
93.89 106.34 262.80 4.30 302.88

CHANGE
-0.48 -0.01 +0.76 -0.03 +0.51

% CHANGE
-0.51% -0.01% +0.29% -0.65% +0.17%

CONTRACT
FEB 14 MAR 14 FEB 14 FEB 14 FEB 14

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INTRADAY SUPPORT AND RESISTANCE


21th JANUARY 2014

COMMODITY

EXPIRY

SUP.3

SUP.2

SUP.1

PIVOT

RES.1

ALUMINIUM

31-JAN

106.97

108.58

109.47

111.08

111.97

COPPER

28-FEB

451.92

455.28

457.52

460.88

463.12

CRUDEOIL

19-FEB

5768

5813

5851

5896

5934

GOLD

5-FEB

28763

29014

29162

29413

29561

LEAD

31-JAN

131.73

133.47

134.43

136.17

137.13

NATURALGAS

28-JAN

263.37

264.73

266.87

268.23

270.37

NICKEL

31-JAN

881.1

889.7

898.2

906.8

915.3

SILVER

5-MAR

44036

44586

44930

45480

45824

ZINC

31-JAN

125.72

126.98

127.72

128.98

129.72

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MOST ACTIVE CONTRACTS


21th JANUARY 2014

Symbol
SILVERMICRO NATURAL GAS CRUDE OIL SILVER M NICKEL NICKELMINI LEADMINI COPPER COPPERMINI SILVER

Expiry Date
28-02-2014 28-01-2014 19-02-2014 28-02-2014 31-01-2014 31-01-2014 31-01-2014 28-02-2014 28-02-2014 05-03-2014

LTP
45128.00 263.30 5815.00 45132.00 894.50 894.70 134.65 456.60 456.65 45091.00

Value (In Lacs)


1,66,84,72,416.00 88,83,478.70 15,79,76,105.00 93,94,22,580.00 1,76,77,109.00 1,51,43,692.20 20,14,498.65 66,51,748.80 47,49,616.65 46,86,30,763.00

Volume (In Lots)


36,972 33,739 27,167 20,815 19,762 16,926 14,961 14,568 10,401 10,393

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TODAY,S COMMODITY NEWS


21th JANUARY 2014

COMMODITY HEADLINES

Castor seed To Gather Some More Buying In The Near Term Copper Showing Marginal Declines After Chinese Economic Data... Coriander Futures Settle In Red On Higher production Estimates Mentha Oil to Remain Underpressure On Strong Carryover Stocks In Local Mandies Gold Hits Six-Week Highs As Rally Extends Malaysia Palm Oil Exports Down 15% During Januar.. Chana To Remain Underpressure In The Near Term Banks can lend against gold jewellery up to 75% of LTV: RBI MCX Silvermic June contract was trading at Rs 47150 up Rs 39, or 0.08 percent. MCX Goldpetal February contract firms up

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COMMODITY BUZZ AND ECONOMIC EVENTS


21th JANUARY 2014

SPECIAL NEWS :

COMMODITY BUZZ :

MCX Gold futures stayed mired in a tight range today. The commodity surged in the global markets, hitting its six-week highs but the gains were curtailed thereafter as the US dollar appreciated. The overall movement in global asset markets was thin today and gold added little gains in the electronic moves. The COMEX Gold futures are trading at $1253.90, up 2 dollars per ounce on the day. MCX Gold futures for February are trading at Rs 29330, up Rs 65 per 10 grams or 0.22% on the day. The open interest in the counter is up 4.20% . MCX SILVERMIC February contract was trading at Rs 45193 up Rs 28, or 0.06 percent. The SILVERMIC rate touched an intraday high of Rs 45285 and an intraday low of Rs 45020. So far 21035 contracts have been traded. SILVERMIC prices have moved up Rs 3193, or 7.60 percent in the February series so far. MCX SILVERMIC April contract was trading at Rs 46204 up Rs 74, or 0.16 percent.

Gold prices extended gains for a second straight day on Monday by adding Rs. 20 to Rs. 30,200 per 10 grams in the national capital on sustained buying by stockists for the marriage season amid firm global cues. Silver followed suit and gained Rs. 50 to Rs. 45,250 per kg on increased offtake by industrial units and coin makers. In Mumbai, gold of 99.9 and 99.5 per cent purity was traded at Rs.30,170 and Rs. 30,020 per 10 grams, while silver enquired at Rs. 46,000 per kg. Gold in Singapore, which normally sets price trend on the domestic front, rose by 0.5 per cent to $1,260.07 an ounce, the highest price since December 11. Silver advanced 0.2 per cent to $20.35 an ounce. At the domestic front, gold of 99.9 and 99.5 per cent purity advanced by Rs. 20 each to Rs. 30,200 and Rs. 30,000 per 10 grams, respectively. It had gained Rs. 210 in the previous session. MCX SILVERMIC June contract was trading at Rs 47150 up Rs 39, or 0.08 percent. The SILVERMIC rate touched an intraday high of Rs 47253 and an intraday low of Rs 46600.

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EPIC RESEARCH ANALYST SPEAKS


21th JANUARY 2014

SILVER MCX:

MCX SILVER march contract was closed at RS 45545 UP 1.23 percent. The SILVER rate have touched an intraday high of Rs 45265 and an intraday low of Rs 44983. So far 10360 contracts have been traded. Silver opened at morning with gap down and made day high. In day session silver trade in range-bound and made day high 45265 . After evening Have seen more buying in silver and it will helpful to break the nearest resistance 45280 further silver will touch level 45550 next trading session.

BUY SILVER ABOVE 45300 TGTS 45500/45800 SL 44950 SELL SILVER BELOW 44950 TGTS 44750/44450 SL 45300

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EPIC RESEARCH ANALYST SPEAKS


21th JANUARY 2014

GOLD MCX:

MCX GOLD February contract was closed at Rs 29034 UP 0.99 percent. The GOLD rate touched an intraday high of Rs 29390 and an intraday low of Rs 29288. So far 7820 contracts have been traded. Gold Price is taking support at 28250 trade in range bound all day. In evening session gold price have cracked the nearest resistance 29350 and made high of 29390

BUY GOLD ABOVE 29350 TGTS 29430/29530 SL 29250 SELL GOLD BELOW 29250 TGTS 29170/29070 SL 29350

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EPIC RESEARCH ANALYST SPEAKS


21th JANUARY 2014

CASTORSEED

RESISTANCE 1

4375.70

RESISTANCE 2

4416.3

PIVOT

4313.30

SUPPORT 1

4272.70

SUPPORT 2

4210.30

BUY CASTORSEED FEB ABOVE 4380 TGTS 4410,4460 SL 4330 SELL CASTORSEED FEB BELOW 4315 TGTS 4285,4235 SL 4365

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EPIC RESEARCH ANALYST SPEAKS


21th JANUARY 2014

DHANIYA

RESISTANCE 1

8198.70

RESISTANCE 2

8277.30

PIVOT

8104.3

SUPPORT 1

8021.3

SUPPORT 2

7931.30

BUY DHANIYA FEB ABOVE 8190 TGTS 8220,8270 SL 8140 SELL DHANIYA FEB BELOW 8090 TGTS 8070,8020 SL 8140

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TODAYS ECONOMIC EVENTS


21th JANUARY 2014

TIME

COUNTRY

EVENT
TUESDAY 21 JANUARY 2014

ACTUAL FORECAST PREVIOUS

03:15 03:15 15:30

NZD NZD EUR

CPI (QOQ) CPI (YOY) ZEW ECONOMIC SENTIMENT

-0.1% 1.5% 70.2

0.9% 1.4% 68.3

15:30

EUR

GERMAN ZEW CURRENT CONDITIONS

34.1

32.4

15:30 16:30 19:00 19:00

EUR GBP CAD CAD

GERMAN ZEW ECONOMIC SENTIMENT CBI INDUSTRIAL TRENDS ORDERS MANUFACTURING SALES (MOM) WHOLESALE SALES (MOM)

64.0 10 0.4% 1.0%

62.0 12 1.0% 1.4%

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DISCLAIMER
21th 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.

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