"DAILY COMMODITY REPORT BY EPIC RESEARCH-25 OCTOBER 2012"
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 WWW.EPICRESEARCH.CO +91 9752199966 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 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.