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DAILY COMMODITY REPORT

11th FEBRUARY

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Toll Free Number


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DAILY MARKET WRAPUP


11th FEBRUARY
COMMODITY CONTRACT OPEN PRICE HIGH LOW CLOSE PRICE %CHANGE OI (in lots)

GOLD SILVER CRUDE NATURAL GAS COPPER NICKEL LEAD ZINC ALUMINIUM

05 APR 2014 05 MAR 2014 19 FEB 2014 25 FEB 2014 28 FEB 2014 28 FEB 2014 28 FEB 2014 28 FEB 2014 28 FEB 2014

28850.00 44544.00 6180.00 299.80 445.95 881.20 131.60 126.30 105.20

29009.00 45018.00 6272.00 299.80 447.85 894.70 1333.30 127.25 105.85

28825.00 44487.00 6180.00 285.50 443.75 881.20 130.80 125.55 104.20

28825.00 44413.00 6075.00 309.00 444.25 869.20 131.65 124.85 105.10

1.01 0.55 3.00 -7.31 0.06 1.78 -0.46 0.76 -0.62

10256 12150 14727 11794 11427 4885 3392 2699 4766

LME WAREHOUSE STOCKS (10-FEB- 2014) METAL ALUMINIUM COPPER LEAD NICKEL ZINC
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TONNES IN STORAGE -7950 -1625 -500 -1002 -5450


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INTERNATIONAL MARKETS
11th FEBRUARY

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
1,280.80 1,281.00 20.16 321.85 1,391.13

CHANGE
+6.10 +6.22 +0.22 -0.60 +4.75

% CHANGE
+0.48% +0.49% +1.12% -0.19% +0.34%

CONTRACT
APR 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
100.03 108.53 272.44 4.60 299.41

CHANGE
+0.15 -0.10 -2.45 +0.02 -5.62

% CHANGE
+0.15% -0.09% -0.89% +0.52% -1.84%

CONTRACT
MAR 14 MAR 14 MAR 14 MAR 14 MAR 14

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INTRADAY SUPPORT AND RESISTANCE


11th FEBRUARY

COMMODITY

EXPIRY

SUP.3

SUP.2

SUP.1

PIVOT

RES.1

ALUMINIUM

28-Feb

103.17

103.78

104.82

105.43

106.47

COPPER

28-Feb

441.27

442.88

445.37

446.98

449.47

CRUDEOIL

19-Feb

6141

6195

6233

6287

6325

GOLD

5-Apr

28739

28837

28923

29021

29107

LEAD

28-Feb

129.00

129.90

131.60

132.50

134.20

NATURALGAS

25-Feb

276.40

282.00

290.90

296.50

305.40

NICKEL

28-Feb

873.0

878.3

886.5

891.8

900.0

SILVER

5-Mar

44194

44432

44725

44963

45256

ZINC
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28-Feb

124.37

124.98

126.12

126.73

127.87
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MOST ACTIVE CONTRACTS


11th FEBRUARY

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

Expiry Date
25-02-2014 28-02-2014 19-02-2014 28-02-2014 28-02-2014 05-03-2014 28-02-2014 28-02-2014 28-02-2014 28-02-2014

LTP
286.40 44693.00 6257.00 44684.00 131.05 44659.00 883.70 884.00 444.50 444.65

Value (In Lacs)


2,62,13,046.40 3,29,93,26,646.00 36,67,79,083.00 1,59,72,29,580.00 25,78,932.95 80,30,58,138.00 1,50,53,829.50 1,49,23,688.00 68,93,750.50 58,10,686.20

Volume (In Lots)


91,526 73,822 58,619 35,745 19,679 17,982 17,035 16,882 15,509 13,068

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TODAY,S COMMODITY NEWS


11th FEBRUARY

COMMODITY HEADLINES
Gold up 0.5% and Silver up 0.8% on global cues Gold imports hit a 6-month high in Jan Reconsider export duty on iron ore pellets: Commerce ministry to FinMin Are iron-ore miners more sinned against than sinning? Nickel up 0.3% on spot demand Farmers to dump onions if prices fall further Shrimp exports rise 90% to Rs 14,364 cr Indian coffee prices trade higher at auction Oil prices mixed ahead of US jobs release Oil prices rise in Asian trade Oil prices extend gains in Asian trade Mentha oil up 0.39% on pick-up in demand Commodity futures regulator to allow trading by bourse shareholders Natural stone exports set to drop 15% in FY14

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COMMODITY BUZZ AND ECONOMIC EVENTS


11th FEBRUARY

SPECIAL NEWS

COMMODITY BUZZ Gold futures traded broadly higher in the Asia electronic trades yesterday propelled by the weak nonfarm payrolls data released last week, which created a perception that the Federal Reserve may not rush to taper stimulus program. Meanwhile, hefty surge in the China gold consumption is also boosting the yellow metal. China's gold consumption jumped 41% in 2013 to exceed 1,000 tonnes for the first time, an industry body said on Monday. Gold consumption in China grew to 1,176.40 tonnes last year, with jewellery demand climbing 43% to 716.50 tonnes and bullion demand soaring 57% to 375.73 tonnes, the China Gold Association said on its website. Copper dropped in intraday trades after a tepid opening for the European stocks. German manufacturing turnover fell a seasonally-and-working-day adjusted 1.5% from November, when it grew 2.4%.

German manufacturing turnover fell a seasonally-andworking-day adjusted 1.5 percent from November, when it grew 2.4 percent. In October, turnover fell 0.2 percent. Turnover in Germany's manufacturing sector shrunk in December, after robust growth in the previous month, data released by the Federal Statistical Office showed on Monday Domestic turnover decreased 1.4 percent, completely erasing the similar size gain in November. Turnover in the business with foreign customers also fell 1.4 percent, after a 3.3 percent gain in the previous month. As per the latest release from the Switzerland State Secretariat for Economic Affairs, Switzerland jobless rate stayed pat at 3.2% during the month of January, broadly in line with market expectations. the data released by the Sentix GmbH, A little surprisingly, the sentix economic index (composite index) for the euro area continues its upward trend in February, rising by 1.4 to 13.3 points.

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EPIC RESEARCH ANALYST SPEAKS


11th FEBRUARY

SILVER

SILVER MCX Short term trend is UP, Immediate support @ 44600Immediate Resistance @ 45250 SILVER MCX Closed @ 44413.00 Yesterday Intraday Range of SILVER MCX was 531. Open ,Volumes were 12220 lots. For today Keep a close eye on US data, volatility may Rule the overall Market due to USDINR Movements. BUY SILVER ABOVE 45050 TGTS 45250/45550 SL 44700 SELL SILVER BELOW 44550 TGTS 44350/44050 SL 44900

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EPIC RESEARCH ANALYST SPEAKS


11th FEBRUARY

GOLD

GOLD MCX Short term trend is UP, Immediate support @ 28800Immediate Resistance @ 29050GOLD MCX Closed @ 28825. Yesterday Intraday Range of GOLD MCX was 184 Volumes were 10310 lots. For today Keep a close eye on US data, volatility may Rule the overall Market due to USDINR Movements. BUY GOLD(APR) ABOVE 29020 TGTS 29100/29200 SL 28880 SELL GOLD(APR) BELOW 28800 TGTS 28720/28620 SL 28920

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EPIC RESEARCH ANALYST SPEAKS


11th FEBRUARY

CASTORSEED

RESISTANCE 1

4259.7

RESISTANCE 2

4292.3

PIVOT

4204.3

SUPPORT 1

4171.7

SUPPORT 2

4116.3

Castorseed Mar looking sideways to bearish in daily chart. Momentum indicators also support bearishness, recommending sell on high. In Intraday basis nearest support @ 4205 & nearest resistance @ 4240. BUY CASTORSEED MAR ABOVE 4240 TGTS 4270,4320 SL 4190 SELL CASTORSEED MAR BELOW 4205 TGTS 4175,4125 SL 4255

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11th FEBRUARY

EPIC RESEARCH ANALYST SPEAKS


DHANIYA

RESISTANCE 1

9350.7

RESISTANCE 2

9427.3

PIVOT

9261.3

SUPPORT 1

9184.7

SUPPORT 2

9095.3

Daily chart of Dhaniya Apr shows bullishness and it will continue its rally from nearest support level to upper side. Fundamentally also Dhaniya is in bullish trend. Recommending buy on dips, momentum indicator RSI is 63.65, Immediate support @ 9225 and immediate resistance @ 9310. BUY DHANIYA APR ABOVE 9310 TGTS 9340,9390 SL 9260 SELL DHANIYA APR BELOW 9225 TGTS 9195.9145 SL 9275

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TODAYS ECONOMIC EVENTS


11th FEBRUARY MONDAY, FEBRUARY 11 TIME ALL DAY TENTATIVE TENTATIVE 04:30 07:30 07:45 07:45 08:55 08:55 09:00 10:00 10:00 10:00 16:30 16:30 16:30 16:45
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COUNTRY

EVENT JAPAN - NATIONAL FOUNDING DAY

ACTUAL

FORECAST

PREVIOUS

CNY CNY ZAR USD USD USD USD USD MXN USD USD USD USD USD USD NZD

CHINESE M2 MONEY STOCK (YOY) CHINESE NEW LOANS SOUTH AFRICAN UNEMPLOYMENT RATE NFIB SMALL BUSINESS OPTIMISM CHAIN STORE SALES (YOY) CHAIN STORE SALES (WOW) REDBOOK (YOY) REDBOOK (MOM) MEXICAN INDUSTRIAL PRODUCTION (YOY) FED CHAIR YELLEN TESTIFIES JOLTS JOB OPENINGS WHOLESALE INVENTORIES (MOM) API WEEKLY CRUDE STOCK API WEEKLY DISTILLATES STOCKS API WEEKLY GASOLINE STOCK ELECTRONIC CARD RETAIL SALES (MOM)

13.3% 1,100B

13.6% 483B 24.70%

93.6

93.9 0.0% 0.3% 2.7% -0.2%

0.8%

-1.4%

4.04M 0.5%

4.00M 0.5% 0.38M -1.500M -1.200M

0.6%

0.6%
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TODAYS ECONOMIC EVENTS


11th FEBRUARY MONDAY, FEBRUARY 11 TIME 16:45 16:45 18:00 18:30 18:50 18:50 18:50 18:50 20:10 21:00 21:00 21:00 22:00
COUNTRY

EVENT ELECTRONIC CARD RETAIL SALES (MOM) ELECTRONIC CARD RETAIL SALES (YOY) SOUTH KOREAN UNEMPLOYMENT RATE WESTPAC CONSUMER SENTIMENT CORE MACHINERY ORDERS (MOM) CORE MACHINERY ORDERS (YOY) M2 MONEY STOCK (YOY) TERTIARY INDUSTRY ACTIVITY INDEX (MOM) FOMC MEMBER FISHER SPEAKS CHINESE EXPORTS (YOY) CHINESE IMPORTS (YOY) CHINESE TRADE BALANCE SOUTH KOREAN M2 MONEY SUPPLY

ACTUAL

FORECAST 0.6%

PREVIOUS 0.6% 5.5%

NZD NZD KRW AUD JPY JPY JPY JPY USD CNY CNY CNY KRW

3.0%

3.0% -1.70%

-4.1% 17.6% 4.2% -0.2%

9.3% 16.6% 4.2% 0.6%

1.0% 4.0% 24.10B

4.3% 8.3% 25.60B 7.40%

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DISCLAIMER
11th 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.

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