Daily Commodity Report 04 -April -2014BY EPIC RESEARCH

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4th APRIL 2014

DAILY COMMODITY REPORT

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4th APRIL 2014

COMMODITY CONTRACT OPEN PRICE HIGH LOW CLOSE PRICE %CHANGE OI (in lots)

GOLD 05-APR-14 28440.00 28550.00 28380.00 28184.00 1.25 252

SILVER 05-MAY-14 43091.00 43435.00 42722.00 43135.00 -0.27 14677

CRUDEOIL 21-APR-14 5970.00 6065.00 5970.00 5964.00 1.61 10343

NATURALGAS 25-APR-14 262.80 270.40 261.00 263.50 2.31 9225

COPPER 30-APR-14 404.20 406.70 402.50 404.70 0.32 20491

LEAD 30-APR-14 123.00 124.30 122.45 123.00 0.98 2497

NICKEL 30-APR-14 970.00 986.90 969.60 971.50 1.59 6932

ZINC 30-APR-14 118.85 120.25 118.75 118.45 1.52 1604

ALUMINIUM 30-APR-14 10815 110.10 108.00 108.40 1.11 3464

DAILY MARKET WRAPUP

METAL TONNES IN STORAGE

ALUMINIUM -9675

COPPER -1275

LEAD UNCH

NICKEL -744

TIN 90

ZINC -4375

LME WAREHOUSE STOCKS (03-APRIL- 2014)


4th APRIL 2014

COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT

COMEX GOLD USD/T OZ. 1,284.70 -6.10 -0.47% JUN 14

GOLD SPOT USD/T OZ. 1,284.65 -2.05 -0.16% N/A

COMEX SILVER USD/T OZ. 19.79 -0.27 -1.32% MAY 14

COMEX COPPER USD/LB. 303.00 -1.55 -0.51% MAY 14

PLATINUM SPOT USD/T OZ. 1,439.25 -3.00 -0.21% N/A

COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT

CRUDE OIL (WTI) USD/BBL. 100.39 +0.77 +0.77% MAY 14

CRUDE OIL (BRENT) USD/BBL. 106.13 -0.02 -0.02% MAY 14

RBOB GASOLINE USD/GAL. 290.61 +3.93 +1.37% MAY 14

NYMEX NATURAL GAS USD/MMBTU 4.45 -0.02 -0.49% MAY 14

NYMEX HEATING OIL USD/GAL. 290.20 -0.42 -0.14% MAY 14

INTERNATIONAL MARKETS

ENERGY COMMODITY FUTURES

PRECIOUS AND INDUSTRY METALS


4th APRIL 2014

COMMODITY EXPIRY SUP.3 SUP.2 SUP.1 PIVOT RES.1

ALUMINIUM 30-APR 107.13 108.37 109.23 110.47 111.33

COPPER 30-APR 400.83 403.37 405.03 407.57 409.23

CRUDEOIL 21-APR 5936 5997 6031 6092 6126

GOLD 5-JUN 27887 28010 28127 28250 28367

LEAD 30-APR 121.80 123.00 123.65 124.85 125.50

NATURALGAS 25-APR 257.63 263.87 267.23 273.47 276.83

NICKEL 30-APR 963.5 974.8 980.9 992.2 998.3

SILVER 5-MAY 42346 42684 43059 43397 43772

ZINC 30-APR 118.13 119.22 119.83 120.92 121.53

INTRADAY SUPPORT AND RESISTANCE


4th APRIL 2014

MOST ACTIVE CONTRACTS

Symbol Expiry Date LTP Value (In Lacs) Volume (In Lots)

SILVERMICRO 30-04-2014 43055.00 3,22,70,58,360.00 74,952

NATURAL GAS 25-04-2014 269.60 1,58,91,302.40 58,944

CRUDE OIL 21-04-2014 6060.00 34,65,41,100.00 57,185

SILVER M 30-04-2014 43047.00 1,66,69,08,981.00 38,723

COPPER 30-04-2014 406.00 1,12,78,680.00 27,780

COPPERMINI 30-04-2014 405.95 89,20,345.30 21,974

SILVER 05-05-2014 43020.00 87,66,18,540.00 20,377

LEADMINI 30-04-2014 124.20 19,50,933.60 15,708

NICKEL 30-04-2014 986.10 1,51,38,607.20 15,352

ALUMINI 30-04-2014 109.60 16,56,823.20 15,117


4th APRIL 2014

TODAY,S COMMODITY NEWS

COMMODITY HEADLINES

Gold premiums seen falling further on any ease in trade curbs

Gold, silver recover on global cues, stockists buying

Copper down 0.2% on global cues

Aluminium weakens on global cues

Stainless steel prices set to rise as nickel turns costlier

FAO: Global food prices at 10-month high in March

India's soymeal exports to Iran hit as sanctions on Tehran ease

Crop geneticists sequence genome of peanut

Crude prices ease in Asia on profit taking

Oil prices mixed in Asia after strong US data

Oil prices up in Asia on US data

Jignesh Shah quits IEX board

NMCE gets FMC nod to launch rubber mini contracts

Mentha oil up 0.5% on higher demand


4th APRIL 2014

SPECIAL NEWS

The Eurozone Services Business Activity Index slipped

minutely to 52.2 in March from February's 32-month

high of 52.6. The index still signalled an expansion of

output for the eighth successive month and one of the

fastest rates of growth since the first half of 2011. The

latest increase in eurozone services output was under-

pinned by a moderate increase in new business, which

rose at a similar pace to February. The European Central

Bank has kept the interest rates unchanged as expected.

The ECB's key lending rate remains at 0.25%, while the

deposit rate was held at 0% and the marginal-lending

rate remains at 0.75%.

As per the market sources, fresh arrivals of 1.80-2.25 lakh

bags of new maize have been reported in the major pro-

ducing states such as Andhra Pradesh and Karnataka.

The total daily arrivals are likely to gain strong pace from

next month due to fresh supplies from Bihar. .

COMMODITY BUZZ

MCX Gold futures for June came off their highs as the global

prices failed to hold onto levels near $1300 per ounce in

electronic session yesterday. Bargain hunting lifted COMEX

Gold futures after series of decline in last few sessions. The

metal is off its seven week low and currently trades at $1284,

down $6.80 per ounce after hitting highs near $1395 per

ounce. MCX Gold futures for June are quoting at Rs 28048

per 10 grams, almost unchanged on the day. Some selling is

being attributed to the nervousness in global markets ahead

of the US non farm payrolls tomorrow.

Lack of clarity in relation to losses in Chile has again fused

the buying sentiments in Copper. The prices that got the

spike from the Chile earthquake last night is again sulking

the fact that there is no clarity on the extent of damage, and

weak buying sentiments in China. The prices have faced

lacklustre moves all through this week. Even though it is too

early to predict the damage in Chile.

COMMODITY BUZZ AND ECONOMIC EVENTS


4th APRIL 2014

EPIC RESEARCH– ANALYST SPEAKS

SILVER

SILVER MCX Short term trend is DOWN, Immediate support @ 42900Immediate Resistance @ 43600SILVER MCX

Closed @ 43135.00 . Yesterday Intraday Range of SILVER MCX was 713. Open Interest was UP +10.08 %, Volumes were

15047 lots. For today Keep a close eye on US data, volatility may Rule the overall Market due to USDINR Movements.

BUY SILVER(MAY) ABOVE 43230 TGTS 43530/43830 SL 42880

SELL SILVER(MAY) BELOW 42900 TGTS 42700/42400 SL 43250


4th APRIL 2014


GOLD

GOLD MCX Short term trend is down, Immediate support @ 27750 Immediate Resistance @ 28160 GOLD MCX Closed

@28184.00. Yesterday Intraday Range of GOLD MCX was 240. Open Interest was UP 4.64 %, Volumes were 11311 lots.

For today Keep a close eye on US data, volatility may Rule the overall Market due to USDINR Movements.

BUY GOLD(JUN) ABOVE 28190 TGTS 28270/28370 SL 28090

SELL GOLD(JUN) BELOW 28090 TGTS 28010/27910 SL 28200


4th APRIL 2014


GUARSEED

Guarseed April short term trend looking sideways to bearish in daily chart. Momentum indicators is in mid range.

In intraday basis immediate support @ 4755 & immediate resistance @ 4795.

BUY GUARSEED APR ABOVE 4795 TGTS 4825,4875 SL 4745

SELL GUARSEED APR BELOW 4755 TGTS 4725,4675 SL 4805

RESISTANCE 2 4785.00


PIVOT 4757.00

SUPPORT 1 4745.00

SUPPORT 2 4730.00


4th APRIL 2014


DHANIYA

Dhaniya daily chart shows bullish trend, but it has not given closing above its resistance 9730 in daily chart, expect-

ing profit booking will continue in upcoming trading session, Immediate support @ 9450 & Immediate resistance @

9525.

BUY DHANIYA APR ABOVE 9525 TGTS 9555,9605 SL 9475

SELL DHANIYA APR BELOW 9450 TGTS 9420,9370 SL 9500



PIVOT 9458.00

SUPPORT 1 9411.00

SUPPORT 2 9356.00


4th APRIL 2014

FRIDAY, APRIL 4

TIME COUNTRY EVENT ACTUAL FORECAST PREVIOUS

11:30 EUR GERMAN FACTORY ORDERS (MOM) 0.1% 1.2%

12:30 GBP HALIFAX HOUSE PRICE INDEX (MOM) 2.4%

12:30 GBP HALIFAX HOUSE PRICE INDEX (YOY) 7.9%

18:00 CAD EMPLOYMENT CHANGE 21.5K -7.0K

18:00 CAD UNEMPLOYMENT RATE 7.0% 7.0%

18:00 USD NONFARM PAYROLLS 200K 175K

18:00 USD PRIVATE NONFARM PAYROLLS 195K 162K

18:00 USD UNEMPLOYMENT RATE 6.6% 6.7%

19:30 CAD IVEY PMI 59.0 57.2

TODAY’S ECONOMIC EVENTS


4th APRIL 2014

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Daily Commodity Report 04 -April -2014BY EPIC RESEARCH