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DAILY COMMODITY REPORT BY EPIC RESEARCH-25 OCTOBER 2012

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DAILY COMMODITY REPORT BY EPIC RESEARCH-25 OCTOBER 2012 Powered By Docstoc
					                  DAILY COMMODITY REPORT
                     25TH OCTOBER 2012




WWW.EPICRESEARCH.CO                        +91 9752199966
                       HEADLINES

                       Gold inches up as dollar drifts following Fed.

                       Gold edged up in thin trade on Thursday but was still
                       within sight of its weakest level in seven weeks as the
                       U.S. Federal Reserve helped boost the U.S. dollar's safe
                       haven appeal by announcing its commitment to
                       economic stimulus measures. Gold had rallied to an 11-
   TRADING TIP:       month peak of $1,795.69 an ounce in early October
                       following the Fed's latest programme of purchasing
 Buy Silver Dec        mortgage-backed debt, but has since drifted lower as
                       the U.S. dollar strengthened and, more recently, after
 Above 59150
                       signs emerged of a slight improvement in the U.S.
 TGTS-59350/59600      economy.

 SL-58980              Mood at LME week was concern for short
                       term, optimism for long term.


                       The mood toward base metals last week, during
                       London Metal Exchange Week, was optimistic for the
                       longer term but one of concern about the short term,
                       said Epic Research.
Buy Gold Dec           The reason for that concern was closely linked to
                       uncertainties surrounding Chinese growth, despite the
Above 30850            fact that the U.S. is starting to look better.

TGTS- 30925/31000
SL-30794



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PRODUCT            EXP DATE    OPEN        HIGH    LOW           CLOSE      LTP       CHG     PERCENTAGE
 NAME                                                                                           CHANGE



 CHANA            7/19/2012    4556        4573    4525           4560     4532       -28        -0.61

                                  DAILY MARKET STATISTICS
 CHILLI           7/19/2012    5060        5060    5018           5120     5018       -102       -1.99


  GUR             7/19/2012    1188        1188    1178          1183.5    1178       -5.5       -0.46


 JEERA            7/19/2012   14955        14960   14650         15052.5   14800     -252.5      -1.68
      Symbol                  Expiry Date                 PCP              % Change             LTP
 KAPAS            7/19/2012    1044        1053    1035           1049     1041        -8        -0.76
      Crude Oil                15-Nov-12                  4670               -0.45              4649
 PEPPER           7/19/2012   42300        42555   42250         42390     42435       45        0.11

       Nickel                   31-Oct-12              881.90                 0.16             883.30
REF SOYA      7/19/2012        780.5      783.6    777.4      782.85       781.3      -1.55      -0.2


       Silver 7/19/2012
SOY BEAN                        5-Dec-12 4330
                               4309                4265.5
                                                        59186 4303         4315
                                                                             -0.31     12        0.28
                                                                                               59000

TURMERIC    7/19/2012          4600      4676      4518      4664          4540       -124       -2.66
       Gold                     5-Dec-12               30978                 -0.43             30845
 WHEAT            7/19/2012    1251        1282    1251           1246     1282        36        2.89

           Lead                31-Oct-12               109.55                -0.27             109.25



           Zinc                31-Oct-12               98.00                  0.56             98.55



          Copper               30-Nov-12               426.60                 0.19             427.40



     Aluminium                 30-Oct-12               104.25                -0.43             103.80




        WWW.EPICRESEARCH.CO                                                          +919752199966
                            DAILY MCX GOLD CHART
                                     




ANALYSIS
OPEN: 30963
HIGH: 31023
LOW: 30827
CLOSE: 30845

      GOLD LOOKS SEIDEWAYS
      TREND: CONSOLIDATE
      STRATEGY: BUY ON DIPS
                          DAILY MCX SILVER CHART




 ANALYSIS
OPEN: 59224
HIGH: 59548
LOW: 58860
CLOSE: 59000

       SILVER LOOKS SIDEWAYS
       TREND: CONSOLIDATE
       STRATEGY: SELL ON RISE




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