Professional Documents
Culture Documents
Daily Commodity Report 18 JANUARY 2013: WWW - Epicresearch.Co
Daily Commodity Report 18 JANUARY 2013: WWW - Epicresearch.Co
WWW.EPICRESEARCH.CO
+91 9752199966
HEADLINES
Gold imports could fall 25 percent on duty hike. India's gold imports could drop by up to a quarter this year if, as expected, the government again raises the
TRADING TIP:
duty on the precious metal, the chairman of the All India Gems and Jewellery Trade Federation said on Thursday. Bachhraj Bamalwa said he believes import duty on gold will be hiked to 6 percent in the budget scheduled for February 28. The rate was doubled to 4 percent last as part of moves to cut India's trade deficit. Going by the government's attitude towards gold and the Reserve Bank of India's latest recommendations, we fear gold imports will be further curtailed by at least 20-25 percent compared to last year. Base metals close higher. BASE metals have closed higher on the London Metal Exchange (LME), boosted by positive news on the US economy, LME three-month copper was up 1.3 per cent at $US8,053 a metric ton while Zinc saw the biggest rise, up 1.5 per cent at $US2,009.50/ton.
WWW.EPICRESEARCH.CO
+91 9752199966
PRODUCT NAME
EXP DATE
OPEN
HIGH
LOW
CLOSE
LTP
CHG
PERCENTAGE CHANGE
4560 5120
4532 5018 1178 14800 1041 0.60 42435 -0.31 781.3 4315 -0.17 4540 -0.43 1282 -0.52
-0.61 -1.99 -0.46 -1.68 -0.76 5181.00 0.11 950.20 -0.2 0.28 59614.00 -2.66 30758.00 2.89 123.45
Symbol
Expiry Date
PCP
% Change
LTP
KAPAS
Crude Oil PEPPER 7/19/2012 Nickel REF SOYA 7/19/2012 SOY BEAN Silver 7/19/2012 TURMERIC 7/19/2012 Gold WHEAT Lead 7/19/2012
21-Jan-13 42300 42555 31-Jan-13 780.5 783.6 4309 5-Mar-13 4330 4600 4676 5-Feb-13 1251 31-Jan-13 1282
5150.00 42250 42390 953.20 777.4 782.85 4265.5 59718.00 4303 4518 4664 30892.00 1251 124.10 1246
Zinc
31-Jan-13
108.05
0.05
108.10
Copper
28-Feb-13
438.60
0.24
439.65
Aluminium
31-Jan-13
110.80
-1.17
109.50
WWW.EPICRESEARCH.CO
+919752199966
ANALYSIS
OPEN: 30850 HIGH: 30870 LOW: 30530 CLOSE: 30758
ANALYSIS
OPEN: 59706 HIGH: 59706 LOW: 58528 CLOSE: 59614
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.