Epic Research Private Limited is the advisory firm awarded with the Service Excellence Award. We are delivering services in providing consultation regarding Capital Stock Market of India and other global markets.
Good Stuff Happens in 1:1 Meetings: Why you need them and how to do them well
Daily comex research report by epic research for 02 july 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
02nd
JULY-2014
2. PRECIOUS METALS AND INDUSTRIAL METALS
COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT
COMEX GOLD USD/T OZ. 1326.60 4.60 0.35% AUG-14
GOLD SPOT USD/T OZ. 1326.17 -0.80 -0.06% N/A
COMEX SILVER USD/T OZ. 21.07 0.00 0.00% SEP-14
SILVER SPOT USD/T OZ. 21.02 0.02 0.10% N/A
COMEX COPPER USD/LB. 3.2030 -0.0020 -0.06% SEP-14
PALTINUM SPOT USD/T OZ. 1507.25 25.50 1.72% N/A
ENERGY COMMODITY FUTURES
COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT
CRUDE OIL(WTI) USD/BBL. 105.34 -0.03 -0.03% AUG-14
CRUDE OIL(BRENT) USD/BBL. 112.29 -0.07 -0.06% AUG-14
NY. NATURAL GAS USD/MMBTU 4.455 -0.006 -0.13% AUG-14
NY. HEATING OIL USD/GAL. 297.82 0.29 0.10% AUG-14
YOUR MINTVISORY WWW.EPICRESEARCH.CO
CALL: +917316642300
DAILY MARKET OUTLOOK
02nd
JULY-2014
4. YOUR MINTVISORY WWW.EPICRESEARCH.CO
CALL: +917316642300
INTERNATIONAL COMMODITY NEWS
02nd
JULY-2014
• Gold prices edged out a small gain in early Aisan trade on Wednesday in a slight follow through from gains in the U.S. overnight. On
the Comex division of the New York Mercantile Exchange, gold futures for August delivery traded at $1,326.90 a troy ounce, up
0.02%, after hitting an overnight session low of $1,324.70 and off a high of $1,333.10.
• Silver for September delivery was udown 0.18% at $21.078 a troy ounce. Copper futures for September delivery were down 0.02% at
$3.203 a pound.
• Crude oil prices eased in Asia on Wednesday as an industry report on U.S. supplies showed a less than expected drop. On the New
York Mercantile Exchange, West Texas Intermediate Crude Oil for delivery in August traded at $105.29 a barrel, down 0.05%, after
hitting an overnight session low of $104.79 a barrel and a high of $106.08 a barrel.
• Brent oil for August, the global benchmark, fell 0.1% to settle at $112.29 a barrel on Tuesday.
• Natural gas futures fell on Tuesday after markets locked in gains from warm weather forecasts, sold for profits and jumped to the
sidelines ahead of Thursday's weekly U.S. supply report. On the New York Mercantile Exchange, natural gas futures for delivery in
August traded at $4.454 per million British thermal units during U.S. trading, down 0.17%. The commodity hit a session high of $4.487
and a low of $4.403. The August contract settled up 1.18% on Monday to end at $4.461 per million British thermal units.
• Base metals drifted on Wednesday Asian trade after a data-heavy day and ahead of the keenly-eyed Thursday’s US jobs report. In
the metals, copper traded as high as $7,028.50 on Tuesday and ended at $7,020 per tonne. However, the upside provided by the
stronger Chinese PMI did not last, with the metal breaking below key level $7,000 this morning. The metal is now at $6,998, trading
around $22 lower than where it concluded on Monday. Aluminium was slightly lower at $1,882 from Tuesday’s $1,884, a $2 loss, with
inventories seeing a bumper jump of 25,450 tonnes to a one-week high of 5,071,650 tonnes. This was due to a 31,000-tonne
warranting in Vlissingen, which now holds 2,061,725 tonnes. Zinc at $2,181 is $5 lower although stocks were down 525 tonnes at
667,950 tonnes. Lead slipped $14 from $2,169 to $2,155, with stocks falling 100 tonnes to 193,700 tonnes. Nickel lost $150 overnight
to $18,975 compared to Tuesday’s $19,125, with inventories climbing 366 tonnes to 305,256 tonnes, not far off recent all-time highs.
Tin is the only metal to see some upside today, gaining $181 to the current $22,630 even as stocks rose 100 tonnes to 11,485 tonnes,
the highest since November last year.
5. YOUR MINTVISORY WWW.EPICRESEARCH.CO
CALL: +917316642300
EPIC DAILY TOP PICKS
02nd
JULY-2014
BRENTCRUDEOIL-NYMEX DAILY CANDLESTICK CHART
TRADING STRATEGY :
BRENTCRUDEOIL-NUMEX has closed @ 111.99. If it breaks the level of 111.81, it can touch the level of 111.31 & 110.61 respectively. If it sustain
above the level of 113.15, it can touch the level of 113.65, 114.35 respectively.
SELL BRENTCRUDEOIL-NYMEX BELOW 111.81 TGTS 111.31, 110.61 SL 112.41.
BUY BRENTCRUDEOIL-NYMEX ABOVE 113.15 TGTS 113.65, 114.35 SL 112.55.
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