Docstoc

DAILYCOMMODITY REPORT BY EPIC RESEARCH-29 January 2013

Document Sample
DAILYCOMMODITY REPORT BY EPIC RESEARCH-29 January 2013 Powered By Docstoc
					                  DAILY COMMODITY REPORT
                      29TH JANUARY 2013




WWW.EPICRESEARCH.CO                        +91 9752199966
                       HEADLINES



                       Gold near 2-1/2-week low as safe-haven appeal
                       dims.
                       Gold edged up but did not drift too far from a 2-1/2-
                       week low hit in the previous session as promising U.S.
                       economic data fuelled optimism about an economic
                       recovery, driving investors away from safe-haven assets
   TRADING TIP:
                       such as bullion. Spot gold edged up 0.2 percent to
Sell Zinc Jan          $1,656.91 an ounce, It fell to $1,651.93, its lowest since
                       Jan. 9. U.S. gold also rose 0.2 percent, to $1,656.20.
Below 111.50           Rating agency Fitch scaled back the chance it will strip

TGTS-110.70/109.70     the United States of its AAA status, saying a recent deal
                       on the country's debt limit removed the near term risk
SL-112                 of a cut, but warned that the danger to the U.S. rating is
                       not over yet.


                       Copper up after U.S. data, supply outlook
                       weighs
Sell Silver Mar
                       Copper edged higher on after better-than-expected U.S.
Below 57700            durable goods data lifted confidence about growth and
                       demand in the world's largest economy, but uneasiness
TGTS-57500/57300       about the growth of supply kept prices in check.

SL- 57850




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               19-Feb-13              5194.00                0.37            5213.00
 PEPPER      7/19/2012       42300      42555     42250      42390       42435       45        0.11

       Nickel                  31-Jan-13              933.20                1.65             948.60
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-Mar-13 4330
                              4309                4265.5
                                                     582580.004303       4315
                                                                           -0.84     12        0.28
                                                                                            57762.00

TURMERIC    7/19/2012         4600      4676      4518       4664        4540       -124       -2.66
       Gold                    5-Feb-13             30331.00               0.02             30338.00
 WHEAT           7/19/2012    1251        1282    1251          1246     1282        36        2.89

          Lead                31-Jan-13               127.10                0.87             128.20



          Zinc                31-Jan-13               111.25                0.45             111.75



         Copper               28-Feb-13               436.60                0.41             438.40



     Aluminium                31-Jan-13               108.90                0.00             108.90




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




ANALYSIS
OPEN: 30337
HIGH: 30427
LOW: 30278
CLOSE: 30338

      GOLD LOOKS DOWNWARD
      TREND: BEARISH
      STRATEGY: SELL ON RISE
                          DAILY MCX SILVER CHART




 ANALYSIS
OPEN: 58151
HIGH: 58454
LOW: 57677
CLOSE: 57762

       SILVER LOOKS DOWNWARD
       TREND: BEARISH
       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.

				
DOCUMENT INFO
Description: Epic Research is a leading financial services provider with presence in Indian and other global capital markets. Provides Stock Tips, Forex Tips, Commodity Tips, MCX Tips, Equity Tips, Intraday Tips, NSE Tips, BSE Tips, COMEX Tips, PCG Pack and NCDEX Tips. We provide services in equity, commodity and Forex market.