daily commodity report22!04!2013

7/28/2019 Daily Commodity Report22!04!2013

1/10

MCX Daily Report (22 April 201

1 | P a g

WWW.EPICRESEARCH.CO

CALL: +919752199966

MCX Commodity Evening Report!!!

22nd

April 2013, Monday
http://www.epicresearch.co/


2/10


2 | P a g

WWW.EPICRESEARCH.CO

CALL: +919752199966

MCX BULLIONS TECHNICAL LEVELS

GOLD MCX FOUR HOUR CHART & LEVELS

FOUR HOUR CHART

MCX GOLD

JUSTIFICATION

UPPORT: Immediate Strong Support @25350

ESISTANCE: Immediate Resistance @26100 and on upside 26470

omments:

OLD MCX has immediate resistance @26100 and on upside @26470. As GOLD MCX trend is down and looks week

n can initiate short position on resistance levels and Maintain Target of 25350. If Gold Breaks 25300 on closing basay face more Panic Sell off.


3/10


3 | P a g

WWW.EPICRESEARCH.CO

CALL: +919752199966

MCX BULLIONS TECHNICAL LEVELS

SILVER MCX FOUR HOUR CHART & LEVELSFOUR HOUR CHART MCX SILVER

JUSTIFICATION

UPPORT: Immediate Support @42800

ESISTANCE: Immediate Trend line Resistance and Next Resistance @44850

omments:

ilver MCX is facing trend line Resistance as shown in chart above and on the upside Resistance @44850. Any

ounce towards 44850 will be selling opportunity. Immediate support @42800 trading below it SILVER MCX may

ce Selling pressure.


4/10


4 | P a g

WWW.EPICRESEARCH.CO

CALL: +919752199966

MCX ENERGY TECHNICAL LEVELS

CRUDEOIL MCX FOUR HOUR CHART & LEVELSFOUR HOUR CHART MCX CRUDEOIL

JUSTIFICATION

UPPORT: Immediate trend line Support and Major Support @4670

ESISTANCE: Immediate Resistance @4805

omments:

rude Oil MCX trades above 4805 may head towards 5000 and if fails to break 4805 may head towards support leve

4670. One can Initiate short position on higher levels around 4805.


5/10


5 | P a g

WWW.EPICRESEARCH.CO

CALL: +919752199966

MCX ENERGY TECHNICAL LEVELS

NATURAL GAS MCX FOUR HOUR CHART & LEVELSFOUR HOUR CHARTS MCX NATURAL GAS

JUSTIFICATION

UPPORT: Immediate Support @233 and Next Major Trend line Support @223

ESISTANCE: Immediate Resistance @237.50

omments:

atural Gas MCX Resistance lies at 233 and Next Major Resistance lies @242. As Last week Natural Gas inventories

ere less then forecasted this is positive for natural gas and if breaks 233 may head towards 242.


6/10


6 | P a g

WWW.EPICRESEARCH.CO

CALL: +919752199966

MCX METALS TECHNICAL LEVELS

COPPER MCX FOUR HOUR CHART & LEVELSFOUR HOUR CHART MCX COPPER

JUSTIFICATION

UPPORT: Immediate Support @370

ESISTANCE: Immediate Resistance @386 and Next Resistance @401.50

omments:

OPPER MCX is facing huge sell off at higher levels and if breaks 370 on closing basis may head towards 355 in

oming days. On the upside immediate Resistance lies @386 which is best opportunity to initiate short position.


7/10


7 | P a g

WWW.EPICRESEARCH.CO

CALL: +919752199966

MCX BASE METALS TECHNICAL LEVELS

LEAD MCX FOUR HOUR CHART & LEVELS

FOUR HOUR CHART

MCX LEAD

JUSTIFICATION

UPPORT: Immediate Strong Supports @106.40

ESISTANCE: Immediate Resistance @108.90 and @111.30

omments:

EAD MCX is trading in down trend and one should initiate a short position around Resistance Levels around 111 foe target as double digit figure i.e. 99 in coming days


8/10


8 | P a g

WWW.EPICRESEARCH.CO

CALL: +919752199966

ECONOMIC DATA ON 22nd

April 2013

Market Consensus before announcement of Existing Home Sales

xisting home sales in February rose 0.8 percent to an annualized pace of 4.98 million units. January was revised to up 0.8

ercent from the initial estimate of 0.4 percent. Low supply had been holding down sales but that appears to be changing as

gher prices are bringing more homes into the market. Supply jumped 9.6 percent to 1.94 million units. Months' supply rose

7 months from 4.3 months in January. Prices are rising as the median sales price gained 1.8 percent to $173,600.


9/10


9 | P a g

WWW.EPICRESEARCH.CO

CALL: +919752199966

DISCLAIMER

The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not

ccept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them

the most.

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 provid

individually tailor-made investment advice. Epic research recommends that investors independently evaluate particularinvestments 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.

he share price projections shown are not necessarily indicative of future price performance. The information herein, togeth

with all estimates and forecasts, can change without notice. Analyst or any person related to epic research might be holding

ositions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at his free w

nd does not read any views expressed as a recommendation for which either the site or its owners or anyone can be hel

responsible for . Any surfing and reading of the information is the acceptance of this disclaimer.

All Rights Reserved.

Investment in equity & bullion market has its own risks.

We, however, do not vouch for the accuracy or the completeness thereof. we are not responsible for any loss incurred

whatsoever for any financial profits or loss which may arise from the recommendations above epic research does not

purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid Or Unpaid), Any third party o

anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone

which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken.


10/10


10 | P a g

WWW.EPICRESEARCH.CO

CALL: +919752199966

CONTACT US:

http://www.epicresearch.co

Epic Research Private Limited Corporate Office

411 Milinda Manor (Suites 409 - 417)

2 RNT Marg Opp Central MallIndore (M.P.)

Hotline: +91 731 664 2300 / 2427 / 2230Alternate: +91 731 664 2320 / 2226

+91 97521 99966

Or give us a missed call at 026 5309 0639
http://www.epicresearch.co/http://www.epicresearch.co/http://www.epicresearch.co/

daily commodity report22!04!2013

Documents