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Daily commodity-report by epic research 24 dec 2012

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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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Page 1: Daily commodity-report by epic research 24 dec 2012

DAILY COMMODITY REPORT 24THDECEMBER 2012

WWW.EPICRESEARCH.CO +91 9752199966

Page 2: Daily commodity-report by epic research 24 dec 2012

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

Page 3: Daily commodity-report by epic research 24 dec 2012

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

Page 4: Daily commodity-report by epic research 24 dec 2012

DAILY MCX GOLD CHART

ANALYSIS

OPEN: 30888

HIGH: 30934

LOW: 30851

CLOSE: 30913

GOLD LOOKS UPWARD

TREND: BULLISH

STRATEGY: BUY ON DIPS

Page 5: Daily commodity-report by epic research 24 dec 2012

DAILY MCX SILVER CHART

ANALYSIS

OPEN: 58286

HIGH: 58286

LOW: 57801

CLOSE: 58165

SILVER LOOKS UPWARD

TREND: BULLISH

STRATEGY: BUY ON DIPS

www.epicresearch.co 9752199966

Page 6: Daily commodity-report by epic research 24 dec 2012

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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 & 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. Epic research recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Epic research 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.

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