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SILVER MCX Short term trend is UP Immediate support @ 45500 Immediate Resistance @ 48400 SILVER MCX Closed @ 45897.00 . Yesterday Intraday Range of SILVER MCX was 1264. Open Interest was UP +2.08, Volumes were 29240 lots. For today Keep a close eye on US data, volatility may Rule the overall Market due to USDINR
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YOUR MINTVISORY Call us at +91-731-6642300
13th MARCH 2014
DAILY COMMODITY REPORT
Our Presence
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All queries should be directed to
YOUR MINTVISORY Call us at +91-731-6642300
13th MARCH 2014
COMMODITY CONTRACT OPEN PRICE HIGH LOW CLOSE PRICE %CHANGE OI (in lots)
GOLD 05-APR-14 30280.00 30546.00 30280.00 30247.00 0.83 12759
SILVER 05-MAR-14 46050.00 46970.00 45921.00 45897.00 1.92 10365
CRUDEOIL 19-MAR-14 6120.00 6120.00 5965.00 6134.00 -2.41 9471
COPPER 26-MAR-14 283.00 284.40 272.90 281.70 -1.42 10908
LEAD 30-APR-14 401.90 406.35 397.35 402.70 0.10 22697
NICKEL 31-MAR-14 946.00 963.40 939.60 946.60 0.93 8745
ZINC 31-MAR-14 124.50 125.40 122.55 124.45 -0.56 3733
NATURALGAS 31-MAR-14 122.50 123.35 121.10 122.25 -0.78 3434
ALUMINIUM 31-MAR- 14 105.90 106.45 104.95 105.55 0.33 3746
DAILY MARKET WRAPUP
METAL TONNES IN STORAGE
ALUMINIUM -9875
COPPER -2100
LEAD -225
NICKEL -828
ZINC 1325
LME WAREHOUSE STOCKS (12-MAR- 2014)
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13th MARCH 2014
COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT
CRUDE OIL (WTI) USD/BBL. 98.12 -1.91 -1.91% APR 14
CRUDE OIL (BRENT) USD/BBL. 108.25 +0.23 +0.21% APR 14
RBOB GASOLINE USD/GAL. 295.72 -0.98 -0.33% APR 14
NYMEX NATURAL GAS USD/MMBTU 4.48 -0.01 -0.31% APR 14
NYMEX HEATING OIL USD/GAL. 292.74 -3.36 -1.13% APR 14
COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT
COMEX GOLD USD/T OZ. 1,369.90 +23.20 +1.72% APR 14
GOLD SPOT USD/T OZ. 1,373.26 +6.42 +0.47% N/A
COMEX SILVER USD/T OZ. 21.35 -0.01 -0.06% MAY 14
COMEX COPPER USD/LB. 297.10 +0.90 +0.30% MAY 14
PLATINUM SPOT USD/T OZ. 1,478.13 +2.63 +0.18% N/A
INTERNATIONAL MARKETS
ENERGY COMMODITY FUTURES
PRECIOUS AND INDUSTRY METALS
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13th MARCH 2014
COMMODITY EXPIRY SUP.3 SUP.2 SUP.1 PIVOT RES.1
ALUMINIUM 31-MAR 103.65 104.30 105.15 105.80 106.65
COPPER 30-APR 388.92 393.13 397.92 402.13 406.92
CRUDEOIL 19-MAR 5770 5868 5925 6023 6080
GOLD 5-APR 30053 30167 30319 30433 30585
LEAD 31-MAR 119.62 121.08 122.47 123.93 125.32
NATURALGAS 26-MAR 260.57 266.73 272.07 278.23 283.57
NICKEL 31-MAR 917.8 928.6 941.9 952.7 966.0
SILVER 5-MAY 45089 45505 46138 46554 47187
ZINC 31-MAR 118.27 119.68 120.52 121.93 122.77
INTRADAY SUPPORT AND RESISTANCE
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13th MARCH 2014
MOST ACTIVE CONTRACTS
Symbol Expiry Date LTP Value (In Lacs) Volume (In Lots)
SILVERMICRO 30-04-2014 46806.00 5,07,93,87,120.00 1,08,520
CRUDE OIL 19-03-2014 5986.00 47,28,22,168.00 78,988
COPPER 30-04-2014 403.10 2,62,19,236.40 65,044
NATURAL GAS 26-03-2014 277.70 1,64,67,887.70 59,301
SILVER M 30-04-2014 46802.00 2,33,52,79,394.00 49,897
COPPERMINI 30-04-2014 403.05 1,67,06,825.55 41,451
NICKEL 31-03-2014 955.40 3,31,29,450.40 34,676
SILVER 05-05-2014 46778.00 1,23,91,49,220.00 26,490
LEADMINI 31-03-2014 123.70 31,62,514.20 25,566
NICKELMINI 31-03-2014 955.50 2,35,81,740.00 24,680
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13th MARCH 2014
TODAY,S COMMODITY NEWS
COMMODITY HEADLINES
Gold extends gains to 5-1/2 mth high on safe-haven demand
Silver up 1.3% on global cues, short-covering
NRIs on short trips barred from gold imports
Copper down 0.2% on weak global cues
Nickel down 0.1% on global trends, subdued spot demand
Goan exporters see boom pass by as ore fails to move
Cardamom down 1.2% on profit-booking
Palm oil down 0.7% on subdued demand
Potato up 0.2% on pick-up in demand
Oil prices ease on weak Chinese trade data
Oil prices up on US jobs optimism, Ukraine
Oil prices mixed as Ukraine fears recede
Low prices abroad fuel rubber imports' surge
Mentha oil down 0.7% on profit-booking
Govt might alter shareholding norms for comexes
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13th MARCH 2014
SPECIAL NEWS
The Organization of the Petroleum Exporting
Countries raised its oil demand growth for the sec-
ond month in a row. In its monthly oil market re-
port, the cartel of some of the world's biggest oil
producers upgraded its forecast for demand growth
this year by 50,000 barrels a day, after tweaking its
expectations higher by the same amount last
month. The producer group now expects oil de-
mand to increase by 1.14 million barrels a day this
year,
The index of industrial production (IIP) in January
stood at positive 0.1%, depicting sort of a consoli-
dation in the manufacturing activity. Eleven out of
twenty two industry groups in the manufacturing
sector witnessed positive growth in January as
compared to the corresponding month of the pre-
vious year.
COMMODITY BUZZ
in the last few weeks, premia on buying dollars from
the unofficial hawala market has fallen from 4-4.5 per
cent to 2.5-2.6 per cent. Sources in the bullion sector
say the demand for gold, which led to the demand for
dollars in the hawala market, has declined in the past
two months. As international gold prices are quite
high (about $1,350/ounce) and importers in the ha-
wala market might record losses in case of a sudden
price correction
Gold climbed for a second session on Wednesday to
its highest in 5-1/2 months, as global uncertainty over
economic growth and tensions in Ukraine burnished
the metal's safe-haven appeal. Weakness in equities
and base metals, along with technical buying, pro-
pelled gold prices through resistance at $1,355 an
ounce,
COMMODITY BUZZ AND ECONOMIC EVENTS
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13th MARCH 2014
EPIC RESEARCH– ANALYST SPEAKS
SILVER
SILVER MCX Short term trend is UP Immediate support @ 45500 Immediate Resistance @ 48400
SILVER MCX Closed @ 45897.00 . Yesterday Intraday Range of SILVER MCX was 1264. Open Interest was UP +2.08,
Volumes were 29240 lots. For today Keep a close eye on US data, volatility may Rule the overall Market due to USDINR
Movements.
BUY SILVER(MAY) ABOVE 46950 TGTS 47150/47500 SL 46600
SELL SILVER(MAY) BELOW 46600 TGTS 46400/46050 SL 47000
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13th MARCH 2014
EPIC RESEARCH– ANALYST SPEAKS
GOLD
GOLD MCX Short term trend is UP Immediate support @ 30350 Immediate Resistance @ 30700
GOLD MCX Closed @30247.00 . Yesterday Intraday Range of GOLD MCX was 372. Open Interest was UP +3.05, Vol-
umes were 17287 lots. For today Keep a close eye on US data, volatility may Rule the overall Market due to USDINR
Movements.
BUY GOLD(APR) ABOVE 30530 TGTS 30610/30710 SL 30420
SELL GOLD(APR) BELOW 30350 TGTS 30270/30170 SL 30460
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13th MARCH 2014
EPIC RESEARCH– ANALYST SPEAKS
GUARSEED
BUY GUARSEED APR ABOVE 4665 TGTS 4635,4585 SL 4615
SELL GUARSEED APR BELOW 4610 TGTS 4580,4530 SL 4650
RESISTANCE 2 4616.7
RESISTANCE 1 4653.3
PIVOT 4568.3
SUPPORT 1 4531.7
SUPPORT 2 4483.3
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13th MARCH 2014
EPIC RESEARCH– ANALYST SPEAKS
DHANIYA
BUY DHANIYA ABOVE 9595 TGTS 9625,9675 SL 9545
SELL DHANIYA BELOW 9520 TGTS 9490,9440 SL 9570
RESISTANCE 2 9639.3
RESISTANCE 1 9709.7
PIVOT 9579.7
SUPPORT 1 9509.3
SUPPORT 2 9449.7
YOUR MINTVISORY Call us at +91-731-6642300
13th MARCH 2014
TIME COUNTRY EVENT ACTUAL FORECAST PREVIOUS
THURSDAY, MARCH 13
01:30 NZD INTEREST RATE DECISION 2.75% 2.75% 2.50%
01:30 NZD RBNZ RATE STATEMENT
06:00 AUD EMPLOYMENT CHANGE 47.3K 18.0K 18.0K
11:00 CNY CHINESE INDUSTRIAL PRODUCTION (YOY) 9.5% 9.7%
18:00 USD CORE RETAIL SALES (MOM) 0.2% 0.0%
18:00 USD RETAIL SALES (MOM) 0.2% -0.4%
TODAY’S ECONOMIC EVENTS
YOUR MINTVISORY Call us at +91-731-6642300
13th MARCH 2014
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