COMEX

th

REPORT

REPORT
21 MARCH 2013

NEWS RADAR
Gold settled at the highest price in almost three weeks on Monday after renewed worries about the health of Europe's financial system pushed investors into the perceived safe-haven metal.The most actively traded contract, for April delivery, rose $12, or 0.8%, to settle at $1,604.60 a troy ounce on the Comex division of the New York Mercantile Exchange, the highest settlement since Feb. 26.Global markets were rocked by the details released over the weekend about a proposed 10 billion euro ($12.92 billion) bailout of Cyprus by the European Commission, the European Central Bank and the International Monetary Fund. The harsh conditions imposed on the Mediterranean island included a levy on bank deposits of between 3% and 15%.In response, the euro slumped to a three-month low against the U.S. dollar, and global equities markets pulled back.

TRADING TIPS
BUY GOLD AROUND 1608 TGS 1614/1620 SL 1602 BUY SILVER AROUND 28.90 TGS 29.10/29.30 SL 28.70 SELL COPPER AROUND 3.4200 TGS 3.4000/3.3800 SL 3.4400 BUY CRUDE AROUND 93.10 TGS 93.30/93.50 SL 92.90

EXPERT OPINION
GOLD LOOKS BULLISH SILVER LOOKS BULLISH
CRUDE OIL LOOKS BULLISH

COPPER LOOKS BEARISH

NGAS LOOKS BEARISH LEAD LOOKS BEARISH NICKEL LOOKS BEARISH ALUMINIUM LOOKS BEARSIH ZINC LOOKS BEARISH

GOLD HOURLY CHART

S1 1598

S2 1592

R1 1615

R2 1621

GOLD LOOKS BULLISH BUY AROUND 1608.00 LEVEL IS SUGGESTED AND RECOMMENDED TO BOOK PROFIT NEAR 1614.00 LEVEL AND MAINTAINING SL OF 1602.00

SILVER HOURLY CHART

S1 28.60

S2 28.40

R1 29.00

R2 29.20

SILVER LOOKS BULLISH BUY AROUND 28.90 LEVEL IS SUGGESTED AND RECOMMENDED TO BOOK PROFIT NEAR 29.10 LEVEL AND MAINTAINING SL OF 28.70

COPPER HOURLY CHART

S1 3.4000

S2 3.3800

R1 3.4400

R2 3.4600

COPPER LOOKS BEARISH SELL BELOW 3.4200 LEVEL IS SUGGESTED AND RECOMMENDED TO BOOK PROFIT NEAR 3.4000 LEVEL AND MAINTAINING SL OF 3.4400 0

CRUDE OIL HOURLY CHART

S1 93.65

S2 93.45

R1 94.00

R2 94.10

CRUDE LOOKS BULLISH BUY AROUND 93.10 LEVEL IS SUGGESTED AND RECOMMENDED TO BOOK PROFIT NEAR 93.30 LEVEL AND MAINTAINING SL OF 92.90

MARKET STATISTICS
OPEN GOLD SILVER CRUDE COPPER NGAS ALUMINIUM LEAD NICKEL 1604.91 28.88 93.89 3.4150 3.877 1936.26 2183.75 16632.50 HIGH 1615.39 29.09 94.07 3.4288 3.967 1951.13 2194.63 16685.50 LOW 1599.81 28.64 92.01 3.3673 3.864 1930.76 2156.00 16490.00 CLOSE 1612.19 28.87 92.14 3.3890 3.959 1934.38 2168.63 16615.50

ECONOMIC CALENDAR
DATE Mar 21 Mar 21 CURRENCY GBP USD FORECAST 343K 5.02M PREVIOUS 332K 4.92M

Unemployment Claims
Existing Home Sales

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.