Indian traders are very fascinated for trading in precious metals, keeping it in mind EPIC RESEARCH offer COMEX SILVER TIPS and GOLD TIPS all over India. Hire our professionals and receive quick alerts on the market.
Daily comex analysis report by epic research 28 april 2014
1. Our Presence
Epic Research India HNI & NRI Sales Contact USA Toll Free Number
411 Milinda Manor (Suites 409-425) 2117 Arbor Vista Dr. Charlotte (NC) 1-800-200-9454
2 RNT Marg. Opp Central Mall Cell: +1 704 249 2315 All queries should be directed to
Indore (M.P.) Info@epicresearch.co
Hotline: +91 731 6642300 HNI & NRI Sales Contact Australia
Or give us a missed call at Mintara Road, Tarneit, Victoria, Post Code 3029
026 5309 0639 Phone: +61 422 063855
YOUR MINTVISORY WWW.EPICRESEARCH.CO
CALL: +917316642300
DAILY COMEX COMMODITY REPORT
28th
APRIL-2014
2. PRECIOUS METALS AND INDUSTRIAL METALS
COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT
COMEX GOLD USD/T OZ. 1303.20 11.60 0.90% JUNE-14
GOLD SPOT USD/T OZ. 1302.70 9.60 0.74% N/A
COMEX SILVER USD/T OZ. 19.72 0.05 0.25% MAY-14
SILVER SPOT USD/T OZ. 19.68 0.05 0.25% N/A
COMEX COPPER USD/LB. 3.1230 0.0120 0.39% MAY-14
PALTINUM SPOT USD/T OZ. 1420.75 10.00 0.71% N/A
ENERGY COMMODITY FUTURES
COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT
CRUDE OIL(WTI) USD/BBL. 100.65 -1.21 -1.19% JUNE-14
CRUDE OIL(BRENT) USD/BBL. 109.52 -0.90 -0.82% JUNE-14
NY. NATURAL GAS USD/MMBTU 4.659 -0.062 -1.31% JUNE-14
NY. HEATING OIL USD/GAL. 298.65 -2.90 -0.96% MAY-14
YOUR MINTVISORY WWW.EPICRESEARCH.CO
CALL: +917316642300
DAILY MARKET OUTLOOK
28th
APRIL-2014
4. YOUR MINTVISORY WWW.EPICRESEARCH.CO
CALL: +917316642300
โข Gold futures were higher on Friday, supported by renewed tensions between Russia and Ukraine, while markets awaited the release of
U.S. consumer sentiment data later in the trading session. On the Comex division of the New York Mercantile Exchange, gold futures for
June delivery traded at $1,300.20 a troy ounce during European afternoon trade, up 0.76%. The June contract settled 0.47% higher on
Thursday to end at $1,290.6 a troy ounce.
โข Silver comex for May delivery dipped 0.03% to trade at $19.682 a troy ounce, while copper for May delivery edged down 0.09% to trade
at $3.118 a pound.
โข Crude futures fell on Friday after investors sold the commodity for profits, keeping a wary eye on escalating tensions in Ukraine on
concerns the standoff could affect shipments from energy-rich Russia. On the New York Mercantile Exchange, West Texas Intermediate
crude oil for delivery in June traded at $100.75 a barrel during U.S. trading, down 1.17%. New York-traded oil futures hit a session low of
$100.51 a barrel and a high of $102.05 a barrel. The June contract settled up 0.49% at $101.94 a barrel on Thursday.
โข The ICE Futures Exchange in London, Brent oil futures for June delivery were down 0.57%, trading at US$109.71 a barrel, while the
spread between the Brent and U.S. crude contracts stood at US$8.96 a barrel.
โข A bearish weekly stockpile report revealing a larger-than-expected inventory build in the U.S. sent natural gas prices falling on Friday, as
markets priced in a late-season cool snap and avoided the commodity. On the New York Mercantile Exchange, natural gas futures for
delivery in June traded at $4.669 per million British thermal units during U.S. trading, down 1.14%. The commodity hit session high of
$4.739 and a low of $4.646. The June contract settled down 0.51% on Thursday to end at $4.723 per million British thermal units.
โข Base metals slipped into the minus column during Fridayโs LME premarket session, pulled back by a retracement in the copper market,
where prices were unable to extend beyond early six-week highs. In the metals, copper touched $6,780 initially, its best since March 7,
but then tracked back to $6,740 per tonne, a $13 loss from Thursdayโs kerb. Nickel was consolidating below the previous dayโs 14-
month high of $18,600, trading at $18,300, a $50 loss. Stocks rose 678 tonnes to 277,734 tonnes. Tin also held under its six-month high
of $23,849 yesterday, with business at $23,600, down $125 โ there was a five-tonne increase in stocks to 9,450 tonnes. Aluminium has
become sidelined below $1,900 in recent sessions โ it was recently trading at $1,873, a $4 loss. Stocks jumped 11,875 tonnes to a two-
week high of 5,339,325 tonnes due to a 19,125-tonne warranting in Vlissingen. Zinc at $2,059 was $13 lower but stocks dropped 3,100
tonnes to 786,475 tonnes. Lead business at $2,164 was down $4, with inventories falling 1,500 tonnes to 193,275 tonnes, the lowest
again since mid-September.
INTERNATIONAL COMMODITY NEWS
28th
APRIL-2014
5. YOUR MINTVISORY WWW.EPICRESEARCH.CO
CALL: +917316642300
EPIC DAILY TOP PICKS
28th
APRIL-2014
BRENTCRUDEOIL-NYMEX DAILY CANDLESTICK CHART
TRADING STRATEGY :
BRENTCRUDEOIL-NYMEX has closed @ 109.49. If it breaks the level of 109.33, it can touch the level of 108.93 & 108.30 respectively. If it sustain
above the level of 110.57, it can touch the level of 110.97 & 111.62 respectively.
SELL BRENTCRUDEOIL-NYMEX BELOW 109.33 TGTS 108.93, 108.30 SL 109.93.
BUY BRENTCRUDEOIL-NYMEX ABOVE 110.57 TGTS 110.97, 111.62 SL 109.97.
7. The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept 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 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.
The share price projections shown are not necessarily indicative of future price performance. The information herein, together with all estimates and
forecasts, can change without notice. Analyst or any person related to epic research might be holding positions in the stocks recommended. It is understood
that anyone who is browsing through the site has done so at his free will and does not read any views expressed as a recommendation for which either the
site or its owners or anyone can be held 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 or 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.
Research Analyst : Nilesh Jain
YOUR MINTVISORY WWW.EPICRESEARCH.CO
CALL: +917316642300
DISCLAIMER