Daily commodity report_22_jan_2014 by epic research
-
Upload
epic-research-private-limited -
Category
Investor Relations
-
view
106 -
download
0
description
Transcript of Daily commodity report_22_jan_2014 by epic research
YOUR MINTVISORY Call us at +91-731-6642300
22th JANUARY 2014
DAILY COMMODITY REPORT
Our Presence
Epic Research India
411 Milinda Manor (Suites 409- 417)
2 RNT Marg. Opp Cental Mall
Indore (M.P.)
Hotline: +91 731 664 2300
Alternate: +91 731 664 2320
Or give us a missed call at
026 5309 0639
HNI & NRI Sales Contact Australia
Mintara Road, Tarneit, Victoria. Post Code 3029
Phone.: +61 422 063855
HNI & NRI Sales Contact USA
2117 Arbor Vista Dr. Charlotte (NC)
Cell: +1 704 249 2315
Toll Free Number
1-800-200-9454
All queries should be directed to
YOUR MINTVISORY Call us at +91-731-6642300
22th JANUARY 2014
COMMODITY CONTRACT OPEN PRICE HIGH LOW CLOSE PRICE %CHANGE OI (in lots)
GOLD 05 FEB 2014 29238.00 29298.00 29130.00 29288.00 -0.17 8294
SILVER 05 MAR 2014 44900.00 44918.00 44140.00 45024.00 -1.10 12057
CRUDE 20 JAN 2014 5806.00 5948.00 4796.00 5813.00 1.67 9388
NATURAL GAS 28 JAN 2014 263.70 275.70 263.70 262.90 3.77 16723
COPPER 28 FEB 2014 456.05 462.00 454.55 458.45 0.97 11427
NICKEL 31 JAN 2014 882.10 912.00 888.20 895.00 1.65 8263
LEAD 31 JAN 2014 134.40 136.60 133.60 134.40 1.12 3356
ZINC 31 JAN 2014 127.95 129.80 127.25 128.00 1.21 3091
ALUMINIUM 31 JAN 2014 108.85 109.75 108.10 108.95 0.32 2198
DAILY MARKET WRAPUP
METAL TONNES IN STORAGE
ALUMINIUM -7275
COPPER -3875
LEAD 200
NICKEL -432
ZINC -3100
LME WAREHOUSE STOCKS (22– JAN- 2014)
YOUR MINTVISORY Call us at +91-731-6642300
22th JANUARY 2014
COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT
CRUDE OIL (WTI) USD/BBL. 94.99 0.00 0.00% MAR 14
CRUDE OIL (BRENT) USD/BBL. 107.03 +0.30 +0.28% MAR 14
RBOB GASOLINE USD/GAL. 263.64 +1.58 +0.60% FEB 14
NYMEX NATURAL GAS USD/MMBTU 4.48 +0.05 +1.02% FEB 14
NYMEX HEATING OIL USD/GAL. 303.22 +1.75 +0.58% FEB 14
COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT
COMEX GOLD USD/T OZ. 1,242.20 +0.40 +0.03% FEB 14
GOLD SPOT USD/T OZ. 1,242.59 +1.18 +0.10% N/A
COMEX SILVER USD/T OZ. 19.91 +0.04 +0.18% MAR 14
COMEX COPPER USD/LB. 334.85 -0.25 -0.07% MAR 14
PLATINUM SPOT USD/T OZ. 1,458.75 +7.87 +0.54% N/A
INTERNATIONAL MARKETS
ENERGY COMMODITY FUTURES
PRECIOUS AND INDUSTRY METALS
YOUR MINTVISORY Call us at +91-731-6642300
22th JANUARY 2014
COMMODITY EXPIRY SUP.3 SUP.2 SUP.1 PIVOT RES.1
ALUMINIUM 31-JAN 107.98 108.47 109.33 109.82 110.68
COPPER 28-FEB 454.02 455.23 457.22 458.43 460.42
CRUDEOIL 19-FEB 5779 5796 5817 5834 5855
GOLD 5-FEB 29184 29236 29313 29365 29442
LEAD 31-JAN 133.37 133.88 134.82 135.33 136.27
NATURALGAS 28-JAN 259.43 261.17 263.23 264.97 267.03
NICKEL 31-JAN 876.3 885.6 891.2 900.5 906.1
SILVER 5-MAR 44771 44898 45081 45208 45391
ZINC 31-JAN 127.03 127.52 128.08 128.57 129.13
INTRADAY SUPPORT AND RESISTANCE
YOUR MINTVISORY Call us at +91-731-6642300
22th JANUARY 2014
MOST ACTIVE CONTRACTS
Symbol Expiry Date LTP Value (In Lacs) Volume (In Lots)
SILVERMICRO 28-02-2014 44545.00 4,18,31,31,860.00 93,908
CRUDE OIL 19-02-2014 5910.00 37,26,13,680.00 63,048
NATURAL GAS 28-01-2014 272.80 1,59,12,969.60 58,332
SILVER M 28-02-2014 44550.00 2,07,45,59,850.00 46,567
COPPER 28-02-2014 460.90 1,16,71,370.70 25,323
SILVER 05-03-2014 44529.00 1,10,78,36,991.00 24,879
LEADMINI 31-01-2014 135.85 29,97,666.10 22,066
NICKEL 31-01-2014 909.80 1,81,56,878.60 19,957
COPPERMINI 28-02-2014 460.90 89,30,398.40 19,376
NICKELMINI 31-01-2014 909.90 1,69,26,869.70 18,603
YOUR MINTVISORY Call us at +91-731-6642300
22th JANUARY 2014
TODAY,S COMMODITY NEWS
COMMODITY HEADLINES
Gold prices declined by 0.21 per cent to Rs. 29,227 per ten grams in futures trading
Gold jewellery inflows via NRIs cool domestic prices
Gold futures decline 0.21% on global cues
Silver futures down 0.46% on weak global cues
CEC for time-bound scheme to re-allot category 'C' mines
Copper falls 0.3% on sluggish demand, global cues
Oil prices down in Asian trade
China’s new Oil refineries to change demand-supply dynamics in Lunar New Year
China Crude Oil demand expected to grow by 350,000 b/d in Q1 2014
Aussie Silver, Lead, Zinc ore industry grows 2.1% annually, to get $4.3 bn in revenue in 2013-14
YOUR MINTVISORY Call us at +91-731-6642300
22th JANUARY 2014
SPECIAL NEWS :
MCX Gold futures came off their highs in intraday
trades as the global prices corrected from recent six
week highs on ideas that the US the Fed is on track
to trim its bond-buying program and a further re-
duction could as soon as the central bank's meeting
around this month-end. The US dollar strengthened
and hovered around its seven week high and
COMEX Gold broke under $1250 per ounce. The
metal quotes at $1244.10, down $7.80 per ounce on
the day. MCX Gold futures also eased from intraday
highs near Rs 29300 per 10 grams and currently
quote at Rs 29260, down Rs 28 per 10 grams on the
day
The NCDEX futures declined by 1.50% yesterday. As
per the latest crop data compiled by team of com-
modityinsights.com, the total production of guarseed
in the current year is estimated at 24 lakh tonnes
against 21 lakh tonnes reported in the previous year
Selling intensified in mustard seed futures to favour-
able crop conditions in the major producing states.
COMMODITY BUZZ :
India's index of mineral production of mining and quarry-
ing sector in November 2013 was higher by 3.7% com-
pared to that of the preceding month. The mineral sector
has shown a positive growth of 1.0% during November
2013 as compared to that of the corresponding month of
previous year. Local gold production surged by 24.6% to
86 kgs. The total value of mineral production (excluding
atomic & minor minerals) in the country during Novem-
ber 2013 was Rs. 17163 crore. The contribution of coal
was the highest at Rs. 5798 crore (34%). Next in the order
of importance were: petroleum (crude) Rs. 5728 crore,
iron ore Rs. 2276 crore, natural gas (utilized) Rs. 1797
crore, limestone Rs. 364 crore and lignite Rs. 365 crore.
Economic confidence in Germany fell 0.3 points to 61.7 in
January. The score was expected to rise to 64. The indica-
tor of economic sentiment weakened unexpectedly in
January, survey data from the Centre for European Eco-
nomic Research/ZEW showed Tuesday. The expert's as-
sessment of the current economic situation climbed 8.8
points to 41.2, its highest mark since May 2012.
COMMODITY BUZZ AND ECONOMIC EVENTS
YOUR MINTVISORY Call us at +91-731-6642300
22th JANUARY 2014
EPIC RESEARCH– ANALYST SPEAKS
SILVER MCX:
MCX SILVER march contract was closed at RS 45024 down , 1.10 percent.
The SILVER rate have touched an intraday high of Rs 44918 and an intraday low of Rs 44140. So far 24470 contracts have been
traded. Silver opened at morning with gap down and made day high. In day session silver trade in range-bound and made day high
44918 . After evening Have seen more selling in silver and it will helpful to break the nearest resistance 44390 further silver will
touch level 44100 next trading session.
BUY SILVER ABOVE 44700 TGTS 44900/45200 SL 44350
SELL SILVER BELOW 44350 TGTS 44150/43850 SL 44700
YOUR MINTVISORY Call us at +91-731-6642300
22th JANUARY 2014
EPIC RESEARCH– ANALYST SPEAKS
GOLD MCX:
MCX GOLD February contract was closed at Rs 29288 down -0.17 percent.
The GOLD rate touched an intraday high of Rs 29298 and an intraday low of Rs 29130. So far 17180 contracts have
been traded. Gold Price is taking support at 29100 trade in range bound all day.
In evening session gold price have cracked the nearest support 29200 and made high of 29130
BUY GOLD ABOVE 29300 TGTS 29380/29480 SL 29290
SELL GOLD BELOW 29190 TGTS 29110/29010 SL 29300
YOUR MINTVISORY Call us at +91-731-6642300
22th JANUARY 2014
EPIC RESEARCH– ANALYST SPEAKS
CASTORSEED
castor seed is in sideways and taking support of 4250 in daily chart .MACD & RSI shows down trend but when price
trend will break its consolidation trend then only it will clear the trend. Immediate support @ 4315 and immediate re-
sistance @ 4385. 4250 is also a strong support level and if it sustain below it, may sign of bearish.
BUY CASTORSEED FEB ABOVE 4385 TGTS 4415,4465 SL 4335
SELL CASTORSEED FEB BELOW 4315 TGTS 4285,4235 SL 4365
RESISTANCE 1 4371.70
RESISTANCE 2 4407.3
PIVOT 4345.30
SUPPORT 1 4309.7
SUPPORT 2 4283.30
YOUR MINTVISORY Call us at +91-731-6642300
22th JANUARY 2014
EPIC RESEARCH– ANALYST SPEAKS
DHANIYA
Dhaniya Feb. is in bullish trend in daily chart. Immediate support @ 8345 and immediate resistance @ 8485.open inter-
est and pries has increased, RSI and MACD both are give signal of bullishness. Fundamentally dhaniya
is in bullish trend in coming trading session.
BUY DHANIYA FEB ABOVE 8485 TGTS 8515,8565 SL 8435
SELL DHANIYA FEB BELOW 8345 TGTS 8315,8265 SL 8395
RESISTANCE 1 8198.70
RESISTANCE 2 8277.30
PIVOT 8104.3
SUPPORT 1 8021.3
SUPPORT 2 7931.30
YOUR MINTVISORY Call us at +91-731-6642300
22th JANUARY 2014
TIME COUNTRY EVENT ACTUAL FORECAST PREVIOUS
WEDNESDAY 22 JANUARY 2014
05:00 AUD WESTPAC CONSUMER SENTIMENT -4.80%
06:00 AUD CPI (QOQ) 0.5% 1.2%
06:00 AUD CPI (YOY) 2.5% 2.2%
06:00 AUD TRIMMED MEAN CPI (QOQ) 0.6% 0.7%
TENTATIVE JPY BOJ PRESS CONFERENCE
15:00 GBP AVERAGE EARNINGS INDEX +BONUS 1.0% 0.9%
15:00 GBP CLAIMANT COUNT CHANGE -35.0K -36.7K
15:00 GBP MPC MEETING MINUTES
15:00 GBP UNEMPLOYMENT RATE 7.3% 7.4%
20:30 CAD BOC MONETARY POLICY REPORT
20:30 CAD INTEREST RATE DECISION 1.00% 1.00%
21:45 CAD BOC GOV POLOZ SPEAKS
TODAY’S ECONOMIC EVENTS
YOUR MINTVISORY Call us at +91-731-6642300
22th JANUARY 2014
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 re-
sponsibility (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 es-
timates 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 ex-
pressed 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.
DISCLAIMER