I Equity I Derivative I Commodity I Debt & Forex I I Equity I Derivative I Commodity I Debt & Forex I Commodities International Bullion / Energy Daily Headlines Last Chg. % Chg Gold (USD/oz) Feb 1393.20 4.90 0.00 Crude Oil Trades Near Three-Week High as U.S. Labor Data Fuels Optimism Silver (USD/oz) Mar 28.62 0.21 0.01 Crude Oil (USD/bbl) 86.61 -0.14 -0.16 Gold Gains as European Debt Concern, Korean Tensions Increase Haven Demand Nat Gas (USD/MMBtu) 4.29 0.02 0.56 India May Cut Rubber Import Duty as Demand for Tires Soars, LME Metal Prices (3 month) Khullar Says Last Chg. % Chg Market Roundup Aluminium 2309.5 41.5 1.8 Oil traded near the highest in almost three weeks after greater-than- Copper 8499 213 2.6 forecast growth in U.S. private employment bolstered optimism fuel demand Lead 2283 58 2.6 will increase in the world’s biggest crude-consuming nation.Futures added 3.1 percent yesterday as companies in the U.S. boosted payrolls the most Nickel 23375 750 3.3 since November 2007, figures from ADP Employer Services showed. Prices Zinc 2144.5 42.5 2.0 also rose after manufacturing grew in Europe and China, the largest energy user, and cold weather hit the northern hemisphere.“The economic news LME Inventory certainly provided some optimism,” said Jonathan Barratt, managing MT Chg. % Chg director of Commodity Broking Services Pty in Sydney. “Europe, China and the U.S. are all looking quite good. The market is also concerned about the Aluminum 4288750 625 0.01 weather in Europe.” Copper 354850 -900 -0.25 Gold gained for a fourth day, trading near the highest level in almost three Lead 203875 -150 -0.07 weeks, on lingering military tensions on the Korean peninsula and concern Nickel 131802 936 0.72 that Europe’s debt crisis may escalate.Immediate-delivery gold gained 0.3 percent to $1,391.38 an ounce at 11:57 a.m. in Tokyo after yesterday Zinc 631425 -400 -0.06 touching $1,397.50, the highest price since Nov. 12. Bullion has gained 27 percent this year, reaching a record $1,424.60 an ounce on Nov. 9.North Korea, which shelled a South Korean island last month, may be planning an attack on the mainland, the Tokyo Shimbun newspaper reported today. In Europe, investors are shunning the highest-rated bonds after bailouts for MCX Copper Greece and Ireland failed to ease concern that the debt crisis will spread. India, the fourth-biggest producer of natural rubber, may allow imports of as much as 100,000 metric tons at a lower duty to meet surging demand for tires as rising incomes boost car sales, Trade Secretary Rahul Khullar said. The finance ministry may make a decision after the end of the current session of parliament which runs to Dec. 13, Khullar said in an interview in New Delhi yesterday. The trade ministry has recommended imports at a concessional rate for a maximum of 100,000 tons and tax changes on tire imports, he said, declining to elaborate. Rubber imports are taxed at 20 percent. Natural rubber prices in India reached a record last month on concern that the low-output season in Southeast Asia will worsen a deficit. (Source: Bloomberg) Gold prices retreat from the highs and ended as a “Bearish Harami”, which is sing for the bearish momentum on initial basis. Continuing with yesterday’s view, MCX Copper remains uptrend. Prices are trading well above short-term EMA’S and RSI on daily chart also trading in positive zone. NCDEX Pepper prices finding a strong trend-line resistance around 22060 levels on breach of the same we may see further rally on pepper prices. Recommendations: Commodity EXCHANGE BUY / SELL TARGET STOP LOSS Gold MCX Sell around 20710 20585 20765 Copper MCX Buy around 393 390 400 Pepper NCDEX Buy above 22060 22440 21830 I Equity I Derivative I Commodity I Debt & Forex I I Equity I Derivative I Commodity I Debt & Forex I K.N.Rahaman Deputy Research Head Equities & Commodities email@example.com Jigisha Jaini Sr. Research Analyst Capital Goods & Engineering firstname.lastname@example.org Nisha Harchekar Sr. Research Analyst FMCG, Hotels, Media email@example.com Sejal Jhunjhunwala Sr. Research Analyst Auto, Shipping & Metals firstname.lastname@example.org Abhishek Kothari Research Analyst Banking, NBFC & Financial Services email@example.com Vishwa Doshi Research Analyst IT, Telecom, Midcaps firstname.lastname@example.org Krishna Reddy Research Analyst Commodities, Economic Update email@example.com MSR Prasad Research Analyst Commodities Prasad.firstname.lastname@example.org Prateek Jain Sr. Research Analyst Mutual Funds & Economic update email@example.com Ritu Gupta Research Analyst Mutual Funds firstname.lastname@example.org Aditya Agarwal Sr. Derivative Analyst Derivative Strategist & Technicals email@example.com Amrut Deshmukh Sr. Technical Analyst Technical Analysis firstname.lastname@example.org Arun Kumar Technical Analyst Technical Analysis - Commodities Arun.Kumar @way2wealth.com Rupali Prabhu Research Assistant Database Management email@example.com Contact 022-40192900 DISCLAIMER The contents of this material are general and are neither comprehensive nor appropriate for every individual and are solely for the informational purposes of the readers. 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