You are on page 1of 6

DAILY COMMODITY REPORT 20TH FEBRUARY 2013

WWW.EPICRESEARCH.CO

+91 9752199966

HEADLINES
Gold drops near 6-month low on economic optimism Gold fell near a six-month low on, holding just above $1,600 an ounce, as an equities rally and signs of an improving global economic outlook dented bullion's safe-haven appeal. The metal fell 0.5 percent as

TRADING TIP:

investors were drawn to riskier assets as the S&P 500 climbed to a five-year high with a string of recent merger activity suggesting stocks could offer even more value. Technical weakness also sent precious metals lower across the board. Silver fell around 2 percent to a six-month low. Fading currency risks about a chaotic break-up of the euro zone and recent data showing continued economic recovery around the world have lessened the need for bullion among investors, analysts said. Base metals remain weak on global cues Copper prices dipped to a near three-week low on as signs of weak global growth dampened the demand outlook for industrial metals, with the focus on buying interest from top consumer China where investors are returning from a week-long holiday. Benchmark threemonth copper on the London Metal Exchange (LME) closed at $8,119, from a close of $8,207 on Friday. It earlier fell to an intraday low at $8,107.

Sell Silver Mar Below 55100 TGTS-55000/54800 SL-55200 Sell Zinc Feb Before 115.20 TGTS-114.50/113.50 SL- 115.70

WWW.EPICRESEARCH.CO

+91 9752199966

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 0.20 42435 -2.60 781.3 4315 -1.90 4540 -0.40 1282 -0.80

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

-0.61 -1.99 -0.46 -1.68 -0.76 5246.00 0.11 944.30 -0.2 0.28 55171.00 -2.66 30052.00 2.89 128.60

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

19-Mar-13 42300 42555 28-Feb-13 780.5 783.6 4309 5-Mar-13 4330 4600 4676 5-Apr-13 1251 28-Feb-13 1282

5238.00 42250 42390 970.00 777.4 782.85 4265.5 56212.00 4303 4518 4664 30176.00 1251 129.65 1246

Zinc

28-Feb-13

116.10

-0.40

115.60

Copper

28-Feb-13

442.35

-1.10

437.35

Aluminium

28-Feb-13

113.50

-0.60

112.80

WWW.EPICRESEARCH.CO

+919752199966

DAILY MCX GOLD CHART

ANALYSIS
OPEN: 30200 HIGH: 30220 LOW: 29977 CLOSE: 30052

GOLD LOOKS DOWNWARD TREND: BEARISH STRATEGY: SELL ON RISE

DAILY MCX SILVER CHART

ANALYSIS
OPEN: 56330 HIGH: 56371 LOW: 54872 CLOSE: 55171

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.

You might also like