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Global Research Limited

Commodity
Where Market Can Move... Daily Reports
16th Oct 2012

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16thOCT| 2012

TODAYS ECONOMIC EVENTS


Tuesday|OCT16th
Time Currency Economic Data Forecast Previous

06:00 PM 06:00 PM 06:30 PM 06:45 PM 06:45 PM 07:30 PM

USD USD USD USD USD USD

Core CPI m/m CPI m/m TIC Long-Term Purchases Capacity Utilization Rate Industrial Production m/m NAHB Housing Market Index

0.2% 0.4% 45.3B 78.4% 0.3% 41

0.1% 0.6% 67.0B 78.2% -1.2% 40

News Highlights
GOLD FALLS 1PCT AS U.S. DATA ERODES STIMULUS HOPES. BRENT CRUDE FALLS TOWARDS $114 ON WEAK DEMAND OUTLOOK. COPPER HITS ONE MONTH LOW ON WORRIES ON SHORT TERM DEMAND. SOY BREAKS BELOW $15 FOR FIRST TIME IN 3-1/2 MONTHS.

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16thOCT| 2012 7th | Sept| March ' 2012 21st 2012

Intraday Support & Resistance Intraday Support & Resistance Of MCX & NCDEX Of MCX & NCDEX
GOLD (DEC)
Trend
Resistance 2 Resistance 1 Support 1 Support 2 Strategy

SILVER (DEC)
Trend
Resistance 2 Resistance 1 Support 1 Support 2 Strategy

Consolidate

Consolidate 62500
61425

31540 31360
30600 30280
Buy on lower Levels

58600 57200
Buy on lower Levels

COPPER (NOV)
Trend
Resistance 2 Resistance 1 Support 1 Support 2 Strategy

CRUDE (OCT)
Trend
Resistance 2 Resistance 1 Support 1 Support 2 Strategy

Consolidate
447

Consolidate
4930 4882 4750 4708

440
428 423

Buy on lower level

Sell on higher Levels

NATURAL GAS (OCT)


Trend
Resistance 2 Resistance 1 Support 1 Support 2 Strategy

LEAD (OCT)
Trend
Resistance 2 Resistance 1 Support 1 Support 2 Strategy

Bullish
198.4 192 178 172 Buy on lower Levels

Bearish
118
115
109.8

107.10 Sell on higher level

ZINC (OCT)
Trend
Resistance 2 Resistance 1 Support 1 Support 2 Strategy

NICKEL (OCT)
Trend
Resistance 2 Resistance 1 Support 1 Support 2 Strategy

Consolidate
106.75 103.45 98.1 95.50 Sell on higher level

Bearish
968 942 870 842 Sell on higher Levels

MCX
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16thOCT| 2012

Intraday Support & Resistance Of MCX & NCDEX


SOYBEAN (NOV)
Trend
Resistance 2 Resistance 1 Support 1 Support 2 Strategy

TURMERIC (NOV)
Trend
Resistance 2 Resistance 1 Support 1 Support 2 Strategy

Bearish
3212 3162 3046 2990 Sell on higher levels

Consolidate
5680 5590
5390 5282 Sell on higher levels

COTTONSEED OIL CAKE (DEC)


Trend
Resistance 2 Resistance 1 Support 1 Support 2 Strategy

CHANA (NOV)
Trend
Resistance 2 Resistance 1 Support 1 Support 2 Strategy

Consolidate
1467 1430 1388 1358 Sell on higher levels

Consolidate
5001 4925 4700 4616 Buy on lower levels

JEERA (NOV)
Trend
Resistance 2 Resistance 1 Support 1 Support 2 Strategy

PEPPER (NOV)
Trend
Resistance 2 Resistance 1 Support 1 Support 2 Strategy

Bullish
16000

Consolidate
44700
43770
42310

15650
15200 14880 Buy on lower Levels

41585 Sell on higher Levels

GUR ( NOV )
Trend
Resistance 2 Resistance 1 Support 1 Support 2 Strategy

MUSTARDSEED (NOV)
Trend
Resistance 2 Resistance 1 Support 1 Support 2 Strategy

Consolidate
1200 1178 1136 1108 Sell on higher levels

Consolidate
4387 4320

4110
4080 Buy on lower Levels

NCDEX
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16thOCT| 2012

Daily Market Update MCX & NCDEX


Commodity JEERA PEPPER TURMERIC CHANA SOYABEAN SOYA OIL REFINED MUSTARDSEED COTTONSEED OILCAKE GUR KAPAS WHEAT MENTHA OIL CARDAMOM Exchange NCDEX NCDEX NCDEX NCDEX NCDEX NCDEX NCDEX NCDEX NCDEX NCDEX NCDEX MCX MCX Closing Price 15450 43190 5492 4812 3109 646.65 4242 1412 1154 949.50 1544 1199 908.50 Change 3.41 -0.91 0.77 0.15 -1.88 0.42 2.02 2.47 -0.73 1.82 0.32 2.21 -0.35

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16thOCT| 2012

Reference
www.forexfactory.com

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