You are on page 1of 9

www.TheEquicom.

com 09200009266

1

PPP



P
















16- JULY-2014
DAILY MCX NEWSLETTER
www.TheEquicom.com
09200009266



www.TheEquicom.com 09200009266

2

















BULLION:
Gold prices slid more than 2 percent as concerns over the eurozone periphery faded, triggering a
rebound in stock markets and prompting bullion investors to cash in gains after last week's rise to
3-1/2 month highs.
India surprised bullion markets last week by keeping its import duty on gold and silver unchanged
at 10 percent in its budget, a move likely to limit overseas purchases by the second-biggest bullion
consumer and further encourage smuggling.
ENERGY:
MCX Natural Gas July as seen in the weekly chart above has opened the week at 261.70 levels and
open and high levels were the same levels. During this week prices could not able to sustain on the
resistance zone of 262 263 levels and sharply corrected towards the weekly low level of 247.50
levels. This week prices have closed below the previous weeks low of 259.10 levels and finally
closed 4.61% lower at 250.10 levels. Technically, prices have formed Bearish candlestick pattern
which is the sign of pessimism.
BASE METAL:
Aluminium inventories fell the highest by 9100 tons to 4986175 tons while zinc saw the next
highest fall with 1500 tons.

Among gainers, nickel stocks rose 612 tons to 308322 tons while lead stocks remained the
same while copper stocks fell marginally, according to latest data from London Metal
Exchange.


www.TheEquicom.com 09200009266

3




GOLD (5 AUG.)




SILVER (5 SEP.)








BULLION
OUTLOOK:
TREND : - BEARISH
RESISTANCE : - 45200, 45500
SUPPORT : - 44500, 44200
STRATEGY : - SELL ON HIGH

OUTLOOK:
TREND : - BEARISH
RESISTANCE : - 27900, 28300
SUPPORT : - 27400, 27100
STRATEGY : - SELL ON HIGH


www.TheEquicom.com 09200009266

4


CRUDEOIL (21 JULY)






NATURAL GAS (28 JULY)








ENERGY
OUTLOOK:
TREND : - CONSOLIDATE
RESISTANCE : - 250.00, 255.00
SUPPORT : - 244.00, 240.00
STRATEGY : - SELL ON HIGH

OUTLOOK:
TREND : - BEARISH
RESISTANCE : - 6050, 6100
SUPPORT : - 5900, 5850
STRATEGY : - SELL ON HIGH



www.TheEquicom.com 09200009266

5



COPPER (29 AUG.)






LEAD (31 JULY)








BASE METAL
OUTLOOK:
TREND : - CONSOLIDATE
RESISTANCE : - 133.50, 134.50
SUPPORT : - 131.50, 130.50
STRATEGY : - BUY ON DIPS

OUTLOOK:
TREND : - CONSOLIDATE
RESISTANCE : - 438.00, 442.00
SUPPORT : - 432.00, 428.00
STRATEGY : - BUY ON DIPS



www.TheEquicom.com 09200009266

6
ZINC (31 JULY)





ALUMINUM (31 JULY)




NICKEL (31 JULY)








OUTLOOK:
TREND : - CONSOLIDATE
RESISTANCE : - 1175.00, 1185.00
SUPPORT : - 1150.00, 1140.00
STRATEGY : - BUY ON DIPS
OUTLOOK:
TREND : - CONSOLIDATE
RESISTANCE : - 118.50, 119.50
SUPPORT : - 116.00, 115.00
STRATEGY : - BUY ON DIPS

OUTLOOK:
TREND : - CONSOLIDATE
RESISTANCE : - 139.00, 140.00
SUPPORT : - 137.00, 136.00
STRATEGY : - BUY ON DIPS



www.TheEquicom.com 09200009266

7




















GOLD 1296.64
SILVER 20.719
COPPER 3.252
CRUDEOIL 100.34
PALLANDIUM 866.90
PLATINUM 1482.80

USDINR 60.3400
EURUSD 01.3562
USDJPY 101.730
USDCHF 00.8960
GBPUSD 01.7134
USDCAD 01.0760



www.TheEquicom.com 09200009266

8

















www.TheEquicom.com 09200009266

9
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 and 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. TheEquicom recommends that investors
independently evaluate particular investments and strategies, and encourages investors to seek the advice of a
financial adviser. TheEquicom 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
TheEquicom 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 Commodity and equity 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.
TheEquicom 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