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Epic Research is a leading financial services provider with presence in Indian and other global capital markets. Provides Stock Tips, Forex Tips, Commodity Tips, MCX Tips, Equity Tips, Tips, Intraday Tips, NSE Tips, BSE Tips, COMEX Tips, PCG Pack and NCDEX Tips. We provide services in equity, commodity and Forex market.
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DAILY COMMODITY REPORT 24THDECEMBER 2012
WWW.EPICRESEARCH.CO +91 9752199966
WWW.EPICRESEARCH.CO +91 9752199966
HEADLINES
Gold near four-month low; set for worst week
since June.
Gold was near a four-month low and set for its steepest
weekly loss since June as investors were discouraged by
a weaker euro and stalled U.S. budget talks. Bullion
stood at $1,649.20 per ounce by 1411 GMT, barely
changed on the day after earlier hitting a low of
$1,635.24. It touched a four-month low of $1,635.09.
U.S. Comex February gold futures were up 0.25 percent
at $1,650.00 after hitting a low around $1,636. Both
spot gold and U.S. futures were on track for a fourth
straight weekly drop and have so far shed about 3
percent, the steepest fall since late June.
Copper Gains After Biggest Drop in Two
Months on China
Copper rose in London after the biggest fall in two
months yesterday as data showed a rebound in imports
by China, the biggest metal user. Refined-copper
imports by China last month climbed 8.7 percent from
October to 250,666 metric tons, according to data e-
mailed by the General Administration of Customs
today. Copper production fell short of demand by
55,000 tons in September, bringing the shortage for the
year so far to 594,000 tons.
TRADING TIP:
Buy Gold Feb
Above 30950
TGTS-31050/31125
SL-30880
Sell Nickel Dec
Below 959
TGTS-956/952
SL-963.20
PRODUCT NAME
EXP DATE OPEN HIGH LOW CLOSE LTP CHG PERCENTAGE CHANGE
CHANA 7/19/2012 4556 4573 4525 4560 4532 -28 -0.61
CHILLI 7/19/2012 5060 5060 5018 5120 5018 -102 -1.99
GUR 7/19/2012 1188 1188 1178 1183.5 1178 -5.5 -0.46
JEERA 7/19/2012 14955 14960 14650 15052.5 14800 -252.5 -1.68
KAPAS 7/19/2012 1044 1053 1035 1049 1041 -8 -0.76
PEPPER 7/19/2012 42300 42555 42250 42390 42435 45 0.11
REF SOYA 7/19/2012 780.5 783.6 777.4 782.85 781.3 -1.55 -0.2
SOY BEAN 7/19/2012 4309 4330 4265.5 4303 4315 12 0.28
TURMERIC 7/19/2012 4600 4676 4518 4664 4540 -124 -2.66
WHEAT 7/19/2012 1251 1282 1251 1246 1282 36 2.89
WWW.EPICRESEARCH.CO +919752199966
DAILY MARKET STATISTICS
Symbol Expiry Date PCP % Change LTP
Crude Oil 21-Jan-13 4913.00 0.20 4923.00
Nickel 31-Dec-12 957.70 0.20 959.60
Silver 5-Mar-13 58286.00 -0.21 58165.00
Gold 5-Feb-13 30888.00 0.08 30913.00
Lead 31-Dec-12 126.20 0.00 126.20
Zinc 31-Dec-12 113.05 0.09 113.15
Copper 28-Feb-13 438.80 -0.17 438.05
Aluminium 31-Dec-12 113.15 0.13 113.30
DAILY MCX GOLD CHART
ANALYSIS
OPEN: 30888
HIGH: 30934
LOW: 30851
CLOSE: 30913
GOLD LOOKS UPWARD
TREND: BULLISH
STRATEGY: BUY ON DIPS
DAILY MCX SILVER CHART
ANALYSIS
OPEN: 58286
HIGH: 58286
LOW: 57801
CLOSE: 58165
SILVER LOOKS UPWARD
TREND: BULLISH
STRATEGY: BUY ON DIPS
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