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Epic Research Private Limited is the advisory firm awarded with the Service Excellence Award. We are delivering services in providing consultation regarding Capital Stock Market of India and other global markets.
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Our Presence
Epic Research India HNI & NRI Sales Contact USA Toll Free Number
411 Milinda Manor (Suites 409-425) 2117 Arbor Vista Dr. Charlotte (NC) 1-800-200-9454
2 RNT Marg. Opp Central Mall Cell: +1 704 249 2315 All queries should be directed to
Indore (M.P.) [email protected]
Hotline: +91 731 6642300 HNI & NRI Sales Contact Australia
Or give us a missed call at Mintara Road, Tarneit, Victoria, Post Code 3029
026 5309 0639 Phone: +61 422 063855
YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300
DAILY COMEX COMMODITY REPORT
7th AUGUST-2014
PRECIOUS METALS AND INDUSTRIAL METALS
COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT
COMEX GOLD USD/T OZ. 1308.10 -0.10 -0.01% AUG-14
COMEX SILVER USD/T OZ. 20.11 0.08 0.42% SEP-14
COMEX COPPER USD/LB. 3.1800 0.0140 0.43% SEP-14
PALTINUM USD/T OZ. 1469.00 4.00 0.27% N/A
ENERGY COMMODITY FUTURES
COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT
CRUDE OIL(WTI) USD/BBL. 97.01 0.09 0.09% AUG-14
CRUDE OIL(BRENT) USD/BBL. 104.74 -0.01 0.00% AUG-14
NY. NATURAL GAS USD/MMBTU 3.995 0.017 0.42% AUG-14
NY. HEATING OIL USD/GAL. 2.88 0.01 -0.02% AUG-14
YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300
DAILY MARKET OUTLOOK
7th AUGUST-2014
COMMODITY SUPPORT-2 SUPPORT-1 PIVOT RESISTANCE-1 RESISTANCE-2
GOLD(AUG-14) 1307.07 1307.74 1308.37 1309.04 1309.67
SILVER(SEP-14) 20.06 20.08 20.10 20.12 20.14
WTICRUDEOIL(AUG-14) 96.96 97.02 97.07 97.13 97.18
NATURALGAS(AUG-14) 3.944 3.949 3.951 3.956 3.958
COPPER(SEP-14) 3.1690 3.1750 3.1790 3.1840 3.1880
LME BASE METALS OFFICIAL CASH PRICES ( $/MT ) LME WAREHOUSE STOCKS (INVENTORY)
METALS PRICE ( $/MT ) CHANGE % CHANGE METALS INVENTORY CHANGE (MT)
ALUMINIUM 1857.00 -9.50 -0.51% ALUMINIUM -8675
COPPER 6936.50 46.00 0.67% COPPER -1225
LEAD 2140.50 1.00 0.05% LEAD Unch
ZINC 2180.00 10.50 0.48% ZINC 9800
NICKEL 18625.00 345.00 1.89% NICKEL 102
TIN 22425.00 -175.00 -0.77% TIN 730
YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300
DAILY SUPPORT & RESISTANCE
7th AUGUST-2014
YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300
INTERNATIONAL COMMODITY NEWS
7th AUGUST-2014
• Gold prices shot up on Wednesday and hovered near session highs on news Russian troops are amassing on the Ukraine border, which fueled safe-haven demand for the precious metal. On the Comex division of the New York Mercantile Exchange, goldfutures for December delivery traded at 1,309.10 a troy ounce during U.S. trading, up 1.85%, up from a sessionlow of $1,288.40 and off a high of $1,310.60.The December contract settled down 0.28% at $1,285.30 on Tuesday.
• Crude prices fell on Wednesday despite an upbeat weekly U.S. inventory report, as investors traded on concerns that theglobal economy is awash in crude. n the New York Mercantile Exchange, West Texas Intermediate crude oil for delivery inSeptember traded down 0.49% at $96.91 a barrel during U.S. trading. New York-traded oil futures hit a session low of $96.75 abarrel and a high of $98.12 a barrel.The September contract settled down 0.93% at $97.38 a barrel on Tuesday.
• West Texas Intermediate oil futures extended gains to hit the highest levels of the session on Wednesday, after data showedthat oil supplies in the U.S. fell more than expected last week. On the New York Mercantile Exchange, crude oil for delivery inSeptember advanced 0.69%, or 67 cents, to trade at $98.05 a barrel during U.S. morning hours. Prices were at $97.87 a barrelprior to the release of the supply data.U.S. oil futures fell to $97.00 a barrel on Tuesday, the lowest since February 5, beforesettling at $97.38, down 0.93%, or 91 percents.
• Copper futures fell to a more than two-week low on Wednesday, as renewed concerns over the health of China’s economydampened appetite for growth-linked assets. On the Comex division of the New York Mercantile Exchange, copper forSeptember delivery fell to a daily low of $3.182 a pound, the weakest since July 21, before trimming losses to last trade at$3.188 during European morning hours, down 0.5%, or 1.6 percents.
YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300
EPIC DAILY TOP PICKS
7th AUGUST-2014
GOLD COMEX -DAILY CANDLESTICK CHART
TRADING STRATEGY :
BUY GOLD COMEX ABOVE 1310 TG 1316 ,1326 SL 1300
SELL GOLD COMEX BELOW 1296 TG 1290,1280 SL 1306
YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300
TODAY'S ECONOMIC EVENTS
7th AUGUST-2014
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The information given herein should be treated as only factor, while making investment decision. The report does not provide individually tailor-madeinvestment advice. Epic research recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek
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Research Analyst : Nilesh Jain
YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300
DISCLAIMER
7th AUGUST-2014