DAILY COMMODITY REPORT 19TH DECEMBER 2012

WWW.EPICRESEARCH.CO

+91 9752199966

 HEADLINES

Sagging dollar may take glitter off gold Gold is likely to head lower in the domestic market after a sharp fall overnight in global exchanges. A weakening dollar that could render the Indian rupee

TRADING TIP:

will also boost the trend. Signs of progress in the US fiscal talks have begun to weaken gold since the dollar could slip in the event of a solution to the crisis that has been dragging for sometime now. A rising rupee, on the other hand, makes imports cheaper, particularly that of commodities such as gold, crude oil and edible oil. These commodities top the import basked as India imports a good quantity of these to meet rising demand. Base metal prices close mixed on LME.

Sell Zinc Dec Below 113 TGTS-112.40/111.60 SL-113.70

Buy Copper Feb Above 446.90 TGTS-449.40/453 SL-443.20

Base metals have closed mixed on the London Metal Exchange (LME), propped up to a certain extent by hopes for a US fiscal cliff resolution, but struggling to make much headway in quiet, end-of-year trade. At the PM kerb close, LME three-month nickel was leading the complex, up 1.1 per cent at $US17,795 a metric ton. However, flagship copper was weaker, down 0.5 per cent at $US8,024/ton.

Markets took some comfort from signs that US policy WWW.EPICRESEARCH.CO makers may be coming closer to+91 9752199966 the a resolution on fiscal cliff, which is a series of tax increases and spending cuts slated to start from January 1.

PRODUCT NAME

EXP DATE

OPEN

HIGH

LOW

CLOSE

LTP

CHG

PERCENTAGE CHANGE

CHANA CHILLI GUR JEERA

7/19/2012 7/19/2012 7/19/2012 7/19/2012 7/19/2012

4556 5060 1188 14955 1044

4573 5060 1188 14960 1053

4525 5018 1178 14650 1035

4560 5120

4532 5018 1178 14800 1041 0.84 42435 0.79 781.3 4315 -1.30 4540 -0.88 1282 0.56

-28 -102 -5.5 -252.5 -8 45 -1.55 12 -124 36

-0.61 -1.99 -0.46 -1.68 -0.76 4826 0.11 974.5 -0.2 0.28 60687 -2.66 31056 2.89 126.45

DAILY MARKET STATISTICS

1183.5 15052.5 1049

Symbol

Expiry Date

PCP

% Change

LTP

KAPAS

Crude Oil PEPPER 7/19/2012 Nickel REF SOYA 7/19/2012 SOY BEAN Silver 7/19/2012 TURMERIC 7/19/2012 Gold WHEAT Lead 7/19/2012

21-Jan-13 42300 42555 31-Dec-12 780.5 783.6 4309 5-Mar-13 4330 4600 4676 5-Feb-13 1251 31-Dec-12 1282

4786 42250 42390 966.9 777.4 782.85 4265.5 61484 4303 4518 4664 31322 1251 125.75 1246

Zinc

31-Dec-12

113.15

0.00

113.15

Copper

28-Feb-13

446.90

-0.07

446.60

Aluminium

31-Dec-12

114.65

-0.31

114.30

WWW.EPICRESEARCH.CO

+919752199966

 DAILY MCX GOLD CHART

ANALYSIS
OPEN: 31379 HIGH: 31535 LOW: 31023 CLOSE: 31056

GOLD LOOKS DOWNWARD TREND: BEARISH STRATEGY: SELL ON RISE

 DAILY MCX SILVER CHART

ANALYSIS
OPEN: 61607 HIGH: 62164 LOW: 60566 CLOSE: 60687

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.