DAILY COMMODITY OUTLOOK

05th Dec 2011

Market Review & Outlook

Precious Metals
The precious metals started the days trade with smart gains but couldnt sustain the same and slipped into the negative territory as the session drew to a close. Gold prices continued to trade in a narrow range between `29350-`29100 (Feb contract) levels. We would also like to point out that gold is facing supply pressure between the `29330`29400 price zones. Silver once again faced supply pressure between `57900`58300 levels during yesterdays sessions as it corrected to a low of `57026 levels.

Base Metals & Energy

The base metals closed the session in positive territory as most of them recovered from their intraday lows. Nickel witnessed a pullback from lower levels and rallied to close the session with a gain of close to 3%. Traders must consider going long on dips in base metals like copper, lead and zinc. Although crude oil prices closed the session with marginal gains the prices couldnt sustain around its intraday highs of `5188 levels. We reiterate that crude oil is showing signs of weakness and we could see some correction in the same over the upcoming few sessions of trade. A close below `5103 levels will see crude oil prices testing `5047 to `4980 levels on the downside. Natural gas closed the session with a cut of close to 2%. The `185`182.50 price zones are strong support for the price of natural gas.

DAILY COMMODITY OUTLOOK

05th Dec 2011

Strategy/Recommendations
MCX Silver Mar ` 57196.00
Traders can go short on rise between `57450--`57600 levels with a stoploss placed above `58079 levels for downside targets of `56910 / `56600 levels.

MCX Mentha oil Dec `1325.00

We recommend traders to short on a break below `1318 levels with a stoploss placed above `1333.60 levels for targets of `1300 / `1289 levels.

DAILY COMMODITY OUTLOOK

05th Dec 2011

Morning Technical Levels for Metals and Energy Commodity Exchange Contract Trend S2 S1 LTP R1 R2

Gold Spot Gold Silver Spot Silver LME Copper Copper Zinc Lead Aluminium Nickel Crude oil Crude Natural Gas

MCX MCX

FEB MAR

MCX MCX MCX MCX MCX MCX NYMEX MCX

FEB DEC DEC DEC DEC Dec Dec

Bullions UP 29,141 UP 1728 Sideways 57,030 Sideways 31.56 Base Metals UP 3.4792 UP 406.9 UP 104.8 UP 107.5 Sideways 109.1 Down 900.4 Energy Sideways 5,152 Sideways 99.03 UP 182.6

29,170 29,198 29,216 29,233 1738 1749.25 1764 1778 57,113 57,196 57,245 57,294 32.08 32.60 33.42 34.24 3.5343 407.42 104.95 107.67 109.27 902.20 5,163 100.07 184.00 3.5893 3.6381 3.6868 407.95 408.6 409.3 105.1 105.3 105.5 107.8 107.9 108 109.45 109.6 109.7 904 906.9 909.8 5,175 5,183 5,192 101.12 101.85 102.59 185.4 187.2 189

DAILY COMMODITY OUTLOOK

05th Dec 2011

Agricultural Commodities
Strategy/Recommendations
NCDEX Jeera Dec `13175.00
Traders can go short on a break below `12975 levels with a stoploss placed above `13205 levels for downside targets of `12740 / `12590 levels.

NCDEX Soya Oil Ref. Dec `635.90

Traders can look to buy between `635--`632 levels with a stoploss placed below `628.70 levels for upside targets of `639 / `642.50 levels.

DAILY COMMODITY OUTLOOK

05th Dec 2011

Morning Technical Levels for Agri - Commodities

Commodity Exchange Contract Trend S2 S1 LTP R1 R2

Jeera Pepper Turmeric Chilli Coriander Soybean Mustard Seed Ref Soya Oil CPO Castor Seed Guar Seed Guar Gum Chana Sugar Sugar Kapas Cotton Oilseed Cake Gur Potato Menthaoil Wheat Maize

NCDEX NCDEX NCDEX NCDEX NCDEX NCDEX NCDEX NCDEX NCDEX NCDEX NCDEX NCDEX NCDEX NCDEX NCDEX NCDEX NCDEX NCDEX NCDEX MCX NCDEX NCDEX

Dec Dec Dec Dec Dec

Dec Dec Dec Dec Dec

Dec Dec Dec Dec Dec

Apr Jan
Dec

Spice Complex DOWN 13036 UP 34227 DOWN 4311 DOWN 6775 3669 Oilseed Complex Sideways 2216 UP 3084 UP 625 Sideways 171 Sideways 3926 Others UP 5277 UP 16752 DOWN 2953 UP 2956 UP 1013 Sideways 695 Sideways 1144 DOWN DOWN DOWN Sideways Sideways 981 539 1314 1159 1100

13105 13175.00 34668 35110.00 4363 4414.00 6835 6894.00 3723 3777.00 2231 3110 630 341 3992 2246.00 3135.00 635.90 511.75 4058.50

13239 35418 4473 6949 3858 2255 3151 639 341 4121 5494 17495 3041 2996 2027 703 1162 992 566 1332 1166 1109

13304 35727 4531 7003 3939 2264 3166 643 171 4184 5583 17792 3065 3014 1013 705 1166 997 574 1339 1167 1112

5341 5405.00 16975 17197.00 2985 3017.00 2967 2978.00 2027 3040.00 698 700.70 1151 1157.00 984 549 1319 1162 1103 987.50 559.10 1325.00 1164.00 1106.50

Apr Dec
Dec Dec

DAILY COMMODITY OUTLOOK

05th Dec 2011

Disclaimer
The views expressed are based purely on Technical studies. The calls made herein are for information purpose only. The information and views presented here are prepared by Matrix Solutions and his associates. The information contained herein is based on their analysis of the Charts and up on sources that are considered reliable. We, however, do not vouch for the accuracy or the completeness thereof. This material is for personal information and we are not responsible for any loss incurred based upon it. The investments discussed or recommended on this Website may not be suitable for all investors. Past performance may not be indicative of future performance. Some of the securities/commodities presented herein should be considered speculative with a high degree of volatility and risk. Investors must make their own investment decisions based on their specific investment objectives and financial position and using such independent advice, as they believe necessary. You specifically agree to consult with a registered investment advisor, which we are not, prior to making any trading decision of any kind. While acting upon any information or analysis mentioned on this website, investors may please note that neither Matrix Solutions nor any person connected with him accepts any liability arising from the use of this information and views mentioned herein. Matrix Solutions and his affiliates may hold long or short positions in the securities/commodities discussed herein from time to time the services are intended for a restricted audience and we are not soliciting any action based on it. Neither the information nor any opinion expressed herein constitutes an offer or an invitation to make an offer, to buy or sell any securities/commodities, or any options, futures or other derivatives related to such securities/commodities. Part of this website may contain advertising and other material submitted to us by third parties. We do not accept liability in respect of any advertisements. You acknowledge that any warranty that is provided in connection with any of the products or services advertised on this website described herein is provided solely by the owner, advertiser, manufacturer or supplier of that product and/or service, and not by us. We do not warrant that your access to the Website and/or related services will be uninterrupted or error-free, that defects will be corrected, or that this site or the server that makes it available is free of viruses or other harmful components. Subscribers are advised to understand that the services can fail due to failure of hardware, software, and Internet connection. Access to and use of this site and the information is at your risk and we do not undertake any accountability for any irregularities, viruses or damage to any computer or Mobiles that results from accessing, availing or downloading of any information from this site. We do not warrant or make any representations regarding the use or the results of the use of any product and/or service purchased in terms of its compatibility, correctness, accuracy, reliability or otherwise. You assume total responsibility and risk for your use of this site and site-related services. A possibility exists that the site could include inaccuracies or errors. Additionally, a possibility exists that unauthorized additions, deletions or alterations could be made by third parties to the site. Although we attempt to ensure the integrity, correctness and authenticity of the site, it makes no guarantees whatsoever as to its completeness, correctness or accuracy. In the event that such an inaccuracy arises, please inform our staff so that it can be corrected. Price and availability of products and services offered on the site are subject to change without prior notice. To the extent we provide information on the availability of products or services you should not rely on such information. We will not be liable for any lack of availability of products and services you may order through the site. Transactions shall be governed by and construed in accordance with the laws of India, without regard to the laws regarding conflicts of law. Any litigation or any action at law or in equity arising out of or relating to these agreement or transaction shall be subject to Mumbai jurisdiction only and the customer hereby agrees consents and submits to the jurisdiction of such courts for the purpose of litigating any such action. A CALL ON SMS is a service given only to members with the sole intention to aid their information means. We do not guarantee any accuracy of generation, databases, delivery timings etc. while giving this facility. Depending on your location, service provider, medium of communication and delivery, the service may be at times slow or not there at all. We do not guarantee completion of delivery. We shall in no way be responsible for delays in receiving SMS on the mobile caused due to delivery methods chosen by the Service Provider, rush on the Service Providers Servers or any other reason whatsoever that may cause such a delay. Use of this website and its services constitutes acceptance of Disclaimer, Privacy Policy and Terms of Use.