DAILY COMMODITY REPORT BY EPIC RESEARCH-24 AUGUST 2012
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e DAILY COMMODITY REPORT 24TH AUGUST 2012 WWW.EPICRESEARCH.CO +91 9993959693 HEADLINES Gold buyers refrain as prices hit record high: Benchmark gold futures rose 1.26 per cent on Thursday to hit a new peak, driving away physical traders seeking to stock the yellow metal in the middle of the festive season. The key gold for October delivery on the Multi Commodity Exchange ( MCX) hit its peak at Rs 30,699 per 10 grams, before trading 1.09 per cent higher at Rs TRADING TIPS: 30,646, backed by overseas leads, though a stronger rupee kept the upside limited. Buy Silver above Silver futures climbs over 2 per cent on global 56850 for targets cues: 57050/57350 Amid a firming trend in global markets, silver futures Stop loss 56500 prices today rallied by over 2 per cent to Rs 58,350 per kg as participants created speculative positions. At the PAST Multi Commodity Exchange, silver for delivery in December spurted by Rs 1,203, or 2.1 per cent, to Rs PERFORMANCE: 58,350 per kg, with a business turnover of 1,025 lots Sell Gold below 30280 for targets 30220/30150 Stop loss 30370 Not executed WWW.EPICRESEARCH.CO +91 9993959693 PRODUCT EXP DATE OPEN HIGH LOW CLOSE LTP CHG PERCENTAGE NAME CHANGE DAILY MCX GAINERS CHANA 7/19/2012 4556 4573 4525 4560 4532 -28 -0.61 CHILLI 7/19/2012 5060 5060 5018 5120 5018 -102 -1.99 GUR 7/19/2012 1188 1188 1178 Symbol Expiry Date PCP 1183.5 1178 -5.5 % Change -0.46 LTP JEERA 7/19/2012 14955 14960 14650 15052.5 14800 -252.5 -1.68 CARDAMOM 15-Nov-12 1093.2 3 1126 KAPAS 7/19/2012 1044 1053 1035 1049 1041 -8 -0.76 CARDAMOM 15-Oct-12 1054.4 3 1086 PEPPER 7/19/2012 42300 42555 42250 42390 42435 45 0.11 CARDAMOM 15-Dec-12 1131.2 2.81 1163 REF SOYA 7/19/2012 780.5 783.6 777.4 782.85 781.3 -1.55 -0.2 SILVER 05-Dec-12 57143 2.69 58681 SOY BEAN 7/19/2012 4309 4330 4265.5 4303 4315 12 0.28 SILVERMIC 30-Nov-12 57160 2.68 58694 TURMERIC 7/19/2012 4600 4676 4518 4664 4540 -124 -2.66 SILVER 05-Sep-12 55309 2.66 56782 WHEAT 7/19/2012 1251 1282 1251 1246 1282 36 2.89 SILVERM 30-Nov-12 57168 2.66 58690 SILVERMIC 31-Aug-12 55311 2.66 56780 SILVERM 31-Aug-12 55313 2.66 56782 SILVERM 28-Feb-13 58826 2.57 60337 WWW.EPICRESEARCH.CO +919993959693 DAILY MCX LOOSERS Symbol Expiry Date PCP % Change LTP NATURALGAS 28-Aug-12 156.1 -2.18 152.7 NATURALGAS 25-Sep-12 159.2 -1.88 156.2 NATURALGAS 26-Oct-12 169.2 -1.3 167 POTATO 15-Mar-13 795.5 -1.19 786 CRUDEOIL 21-Jan-13 5515 -1.18 5450 CRUDEOIL 19-Feb-13 5546 -1.1 5485 CRUDEOIL 18-Dec-12 5489 -1.07 5430 CRUDEOIL 15-Nov-12 5438 -0.81 5394 CRUDEOIL 19-Sep-12 5368 -0.8 5325 CRUDEOIL 19-Oct-12 5403 -0.78 5361 DAILY MCX GOLD CHART ANALYSIS OPEN: 30370 HIGH: 30840 LOW: 30370 CLOSE: 30803 GOLD LOOKS UPWARDS TREND: BULLISH STRATEGY: BUY ON DIPS DAILY MCX SILVER CHART ANALYSIS OPEN: 55425 HIGH: 57180 LOW: 55425 CLOSE: 56778 SILVER LOOKS UPWARDS TREND: BULLISH STRATEGY: BUY ON DIPS www.epicresearch.co 9993959693 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. 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