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YOUR MINTVISORY Call us at +91-731-6642300
24 Oct 2016
DAILY COMMODITY REPORT
Our Presence
Epic Research India
411 Milinda Manor (Suites 409- 417)
2 RNT Marg. Opp Cental Mall
Indore (M.P.)
Hotline: +91 731 664 2300
Or give us a missed call at
026 5309 0639
HNI & NRI Sales Contact Australia
Mintara Road, Tarneit, Victoria. Post Code 3029
Phone.: +61 422 063855
HNI & NRI Sales Contact USA
2117 Arbor Vista Dr. Charlotte (NC)
Cell: +1 704 249 2315
Toll Free Number
1-800-200-9454
All queries should be directed to
Info@epicresearch.co
YOUR MINTVISORY Call us at +91-731-6642300
24 Oct 2016
COMMODITY CONTRACT OPEN PRICE HIGH LOW CLOSE PRICE OPEN INTEREST
GOLD 5-Dec 29850 29975 29810 29946 8133
SILVER 5-Dec 41839 42068 41816 41958 17126
CRUDEOIL 18-Nov 3390 3424 3373 3402 14616
NATURAL GAS 25-Nov 229.30 229.90 225.10 226.50 5034
COPPER 30-nov 312.05 312.35 310.30 310.95 40106
NICKEL 31-Oct 674.90 646.00 665.80 666.60 18173
LEAD 31-Oct 134.60 135.20 133.10 133.35 3331
ZINC 31-Oct 152.70 152.75 150.50 150.75 5835
ALUMINIUM 31-Oct 108.20 108.80 107.60 108.65 2108
DAILY MARKET WRAPUP
METAL TONNES IN STORAGE ( MT )
ALUMINIUM +18351
COPPER -1801
LEAD -676
NICKEL +580
ZINC -174
LME WAREHOUSE STOCKS (21-Oct- 2016)
YOUR MINTVISORY Call us at +91-731-6642300
24 Oct 2016
COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT
Crude Oil (WTI) USD/bbl. 50.53 -0.32 -0.63% Oct 2016
Crude Oil (Brent) USD/bbl. 51.50 -0.28 -0.54% Nov 2016
RBOB Gasoline USD/gal. 152.41 -0.73 -0.48% Oct 2016
NYMEX Natural Gas USD/MMBTU 3.02 +0.03 +1.04% Oct 2016
NYMEX Heating Oil USDGAL. 156.85 -0.55 -0.35% Oct 2016
COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT
COMEX Gold USD/TZ 1,263.60 -4.10 -0.32% Dec 2016
Gold Spot USD/t oz. 1,262.96 -3.50 -0.28% N/A
COMEX Silver USD/t oz. 17.50 +0.01 +0.04% Dec 2016
COMEX Copper USD/lb. 209.85 +1.00 +0.48% Dec 2016
Platinum Spot USD/t oz. 936.05 +2.05 +0.22% N/A
INTERNATIONAL MARKETS
ENERGY COMMODITY FUTURES
PRECIOUS AND INDUSTRY METALS
YOUR MINTVISORY Call us at +91-731-6642300
24 Oct 2016
MOST ACTIVE CONTRACTS
Symbol Expiry Date LTP Value (In Lacs) Volume (In Lots)
CRUDEOIL MINI 18-11-2016 3402.00 76,48,92,072.00 2,24,836
CRUDE OIL 18-11-2016 3402.00 55,80,94,698.00 1,64,049
NATURAL GAS 26-10-2016 201.30 1,16,51,646.60 57,882
SILVERMICRO 30-11-2016 41961.00 1,05,42,28,164.00 25,124
ZINCMINI 31-10-2016 150.90 37,73,556.30 25,007
LEADMINI 31-10-2016 133.40 31,71,318.20 23,773
NICKEL 31-10-2016 666.90 1,57,53,511.80 23,622
COPPER 30-11-2016 310.90 70,68,311.50 22,735
NICKELMINI 31-10-2016 667.00 1,29,80,487.00 19,461
ZINC 31-10-2016 150.90 29,18,406.00 19,340
YOUR MINTVISORY Call us at +91-731-6642300
24 Oct 2016
COMMODITY EXPIRY SUP.2 SUP.1 PIVOT RES.1 RES.2
GOLD 5-Oct 29745.33 29845.67 29910.33 30010.67 30075.33
SILVER 5-Dec 41695.33 41826.67 41947.33 42078.67 42199.33
CRUDEOIL 18-Nov 3348.67 3375.33 3399.67 3426.33 3450.67
NATURAL GAS 27-Sep 222.37 224.43 227.17 229.23 231.97
COPPER 30-Nov 309.15 310.05 311.20 312.10 313.25
NICKEL 30-Sep 679.27 672.93 659.47 653.13 639.67
LEAD 30-Sep 131.78 132.57 133.88 134.67 135.98
ZINC 30-Sep 149.08 149.92 151.33 152.17 153.58
ALUMINIUM 30-Sep 107.15 107.90 108.35 109.10 109.55
INTRADAY SUPPORT AND RESISTANCE
YOUR MINTVISORY Call us at +91-731-6642300
24 Oct 2016
SPECIAL NEWS
 The European Union must choose between letting Rome hike
its budget deficit to cope with the costs of migrants and an
earthquake, or siding with the "Hungarian way" of building
barriers, Italy's economy minister said.The Italian government
has been stepping up anti-Brussels rhetoric after announcing
an expansionary 2017 budget plan on Oct. 15 ahead of a refer-
endum on constitutional reform that may decide Prime Minis-
ter Matteo Renzi's political future."Europe must choose which
side to take. They can accept the fact that our deficit goes up
from 2 percent to 2.3 percent (of gross domestic product) to
tackle the earthquake and the migrant emergencies," Pier
Carlo Padoan told la Repubblica daily in an interview on Sun-
day.
 The European Union has given Belgium until late on Monday
to overcome opposition to a free trade deal with Canada from
its French-speaking region or a summit to sign the pact that
could boost both economies is off, EU sources said on Sun-
day.EU trade negotiators are rushing to assuage the Walloon
government's concerns before the Monday deadline set by Ca-
nadian Prime Minister Justin Trudeau to decide whether to fly
to Brussels, according sources familiar with the matterCanada,
the EU's 12th-largest trading partner, says it is ready to sign
the pact as planned on Thursday and year-long negotiations
were over, with trade minister Chrystia Freeland saying "the
ball is in the EU court."
COMMODITY BUZZ
 Oil prices fell early on Monday as Iraq said it wanted to be ex-
empt from any deal by producer cartel OPEC to cut production
to prop up the market, and as U.S. drillers stepped up
work.Brent crude futures (LCOc1) were trading at $51.59 per
barrel at 0133 GMT, down 19 cents, or 0.4 percent, from their
last close.U.S. West Texas Intermediate (WTI) crude was down
22 cents, or 0.4 percent, at $50.63 a barrel.Traders said the price
falls followed comments from Iraq, which said it wanted to be
exempt from a production cut by the Organization of the Petro-
leum Exporting Countries (OPEC) that the group plans to de-
cide at its Nov. 30 meeting.OPEC plans to reduce production to
a range of 32.50 million to 33.0 million barrels per day (bpd),
down from 33.39 million bpd in September.
 Gold prices traded in a narrow range in Asia on Monday with
investors noting domestic holiday-demand prospects in India
ahead of the festival season, while widely expecting a dampener
in the form of a Fed rate hike by the end of the year.Gold for
December delivery on the Comex division of the New York
Mercantile Exchange eased 0.04% to $1,267.25 a troy ounce.
Also on the Comex, silver futures for December delivery rose
0.26% to $17.538 a troy ounce. Copper futures for December
delivery were quoted flat at $2.090 a pound.Last week, gold
prices fluctuated between small gains and losses on Friday be-
fore ending almost flat as investors compared the effect of the
stronger dollar and expectations for increased demand from In-
dia on the precious metal.The U.S. dollar index hit its highest
levels since early February on Friday amid heightened expecta-
tions that the Federal Reserve will hike interest rates before the
end of this year.
COMMODITY BUZZ AND ECONOMIC EVENTS
YOUR MINTVISORY Call us at +91-731-6642300
24 Oct 2016
COMMODITY NEWS
COMMODITY HEADLINES
 Nickel dips on weak demand .
 Improving US economic outlook lifts Copper.
 Silver down on feeble global cues .
 Natural gas dips as US supplies rise.
 Gold down on strong dollar .
 Aluminium futures gain on spot demand .
YOUR MINTVISORY Call us at +91-731-6642300
24 Oct 2016
EPIC RESEARCH– ANALYST SPEAKS
GOLD
BUY GOLD DEC ABOVE 30050 TARGET 30150 30300 SL BELOW 29930
SELL GOLD DEC BELOW 29850 TARGET 29750 29600 SL ABOVE 29970
YOUR MINTVISORY Call us at +91-731-6642300
24 Oct 2016
EPIC RESEARCH– ANALYST SPEAKS
SILVER
BUY SILVER DEC ABOVE 42070 TARGET 42270 42570 SL BELOW 41850
SELL SILVER DEC BELOW 41850 TARGET 41650 41350 SL ABOVE 42070
YOUR MINTVISORY Call us at +91-731-6642300
24 Oct 2016
MONDAY, 24 OCTOBER 2016
Time Cur. Event Forecast Previous
02:15 USD FOMC Member Dudley Speaks
09:30 MYR CPI (YoY) (Sep) 1.7% 1.5%
12:05 JPY BoJ Governor Kuroda Speaks
19:45 USD FOMC Member Tarullo Speaks
21:30 EUR EU Leaders Summit
22:30 USD U.S. Baker Hughes Oil Rig Count 432
TODAY’S ECONOMIC EVENTS
YOUR MINTVISORY Call us at +91-731-6642300
24 Oct 2016
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 re-
sponsibility (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 MCX
The share price projections shown are not necessarily indicative of future price performance. The information herein, together with all es-
timates 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 ex-
pressed 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
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Epic research daily commodity report of 24 oct 2016

  • 1. YOUR MINTVISORY Call us at +91-731-6642300 24 Oct 2016 DAILY COMMODITY REPORT Our Presence Epic Research India 411 Milinda Manor (Suites 409- 417) 2 RNT Marg. Opp Cental Mall Indore (M.P.) Hotline: +91 731 664 2300 Or give us a missed call at 026 5309 0639 HNI & NRI Sales Contact Australia Mintara Road, Tarneit, Victoria. Post Code 3029 Phone.: +61 422 063855 HNI & NRI Sales Contact USA 2117 Arbor Vista Dr. Charlotte (NC) Cell: +1 704 249 2315 Toll Free Number 1-800-200-9454 All queries should be directed to Info@epicresearch.co
  • 2. YOUR MINTVISORY Call us at +91-731-6642300 24 Oct 2016 COMMODITY CONTRACT OPEN PRICE HIGH LOW CLOSE PRICE OPEN INTEREST GOLD 5-Dec 29850 29975 29810 29946 8133 SILVER 5-Dec 41839 42068 41816 41958 17126 CRUDEOIL 18-Nov 3390 3424 3373 3402 14616 NATURAL GAS 25-Nov 229.30 229.90 225.10 226.50 5034 COPPER 30-nov 312.05 312.35 310.30 310.95 40106 NICKEL 31-Oct 674.90 646.00 665.80 666.60 18173 LEAD 31-Oct 134.60 135.20 133.10 133.35 3331 ZINC 31-Oct 152.70 152.75 150.50 150.75 5835 ALUMINIUM 31-Oct 108.20 108.80 107.60 108.65 2108 DAILY MARKET WRAPUP METAL TONNES IN STORAGE ( MT ) ALUMINIUM +18351 COPPER -1801 LEAD -676 NICKEL +580 ZINC -174 LME WAREHOUSE STOCKS (21-Oct- 2016)
  • 3. YOUR MINTVISORY Call us at +91-731-6642300 24 Oct 2016 COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT Crude Oil (WTI) USD/bbl. 50.53 -0.32 -0.63% Oct 2016 Crude Oil (Brent) USD/bbl. 51.50 -0.28 -0.54% Nov 2016 RBOB Gasoline USD/gal. 152.41 -0.73 -0.48% Oct 2016 NYMEX Natural Gas USD/MMBTU 3.02 +0.03 +1.04% Oct 2016 NYMEX Heating Oil USDGAL. 156.85 -0.55 -0.35% Oct 2016 COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT COMEX Gold USD/TZ 1,263.60 -4.10 -0.32% Dec 2016 Gold Spot USD/t oz. 1,262.96 -3.50 -0.28% N/A COMEX Silver USD/t oz. 17.50 +0.01 +0.04% Dec 2016 COMEX Copper USD/lb. 209.85 +1.00 +0.48% Dec 2016 Platinum Spot USD/t oz. 936.05 +2.05 +0.22% N/A INTERNATIONAL MARKETS ENERGY COMMODITY FUTURES PRECIOUS AND INDUSTRY METALS
  • 4. YOUR MINTVISORY Call us at +91-731-6642300 24 Oct 2016 MOST ACTIVE CONTRACTS Symbol Expiry Date LTP Value (In Lacs) Volume (In Lots) CRUDEOIL MINI 18-11-2016 3402.00 76,48,92,072.00 2,24,836 CRUDE OIL 18-11-2016 3402.00 55,80,94,698.00 1,64,049 NATURAL GAS 26-10-2016 201.30 1,16,51,646.60 57,882 SILVERMICRO 30-11-2016 41961.00 1,05,42,28,164.00 25,124 ZINCMINI 31-10-2016 150.90 37,73,556.30 25,007 LEADMINI 31-10-2016 133.40 31,71,318.20 23,773 NICKEL 31-10-2016 666.90 1,57,53,511.80 23,622 COPPER 30-11-2016 310.90 70,68,311.50 22,735 NICKELMINI 31-10-2016 667.00 1,29,80,487.00 19,461 ZINC 31-10-2016 150.90 29,18,406.00 19,340
  • 5. YOUR MINTVISORY Call us at +91-731-6642300 24 Oct 2016 COMMODITY EXPIRY SUP.2 SUP.1 PIVOT RES.1 RES.2 GOLD 5-Oct 29745.33 29845.67 29910.33 30010.67 30075.33 SILVER 5-Dec 41695.33 41826.67 41947.33 42078.67 42199.33 CRUDEOIL 18-Nov 3348.67 3375.33 3399.67 3426.33 3450.67 NATURAL GAS 27-Sep 222.37 224.43 227.17 229.23 231.97 COPPER 30-Nov 309.15 310.05 311.20 312.10 313.25 NICKEL 30-Sep 679.27 672.93 659.47 653.13 639.67 LEAD 30-Sep 131.78 132.57 133.88 134.67 135.98 ZINC 30-Sep 149.08 149.92 151.33 152.17 153.58 ALUMINIUM 30-Sep 107.15 107.90 108.35 109.10 109.55 INTRADAY SUPPORT AND RESISTANCE
  • 6. YOUR MINTVISORY Call us at +91-731-6642300 24 Oct 2016 SPECIAL NEWS  The European Union must choose between letting Rome hike its budget deficit to cope with the costs of migrants and an earthquake, or siding with the "Hungarian way" of building barriers, Italy's economy minister said.The Italian government has been stepping up anti-Brussels rhetoric after announcing an expansionary 2017 budget plan on Oct. 15 ahead of a refer- endum on constitutional reform that may decide Prime Minis- ter Matteo Renzi's political future."Europe must choose which side to take. They can accept the fact that our deficit goes up from 2 percent to 2.3 percent (of gross domestic product) to tackle the earthquake and the migrant emergencies," Pier Carlo Padoan told la Repubblica daily in an interview on Sun- day.  The European Union has given Belgium until late on Monday to overcome opposition to a free trade deal with Canada from its French-speaking region or a summit to sign the pact that could boost both economies is off, EU sources said on Sun- day.EU trade negotiators are rushing to assuage the Walloon government's concerns before the Monday deadline set by Ca- nadian Prime Minister Justin Trudeau to decide whether to fly to Brussels, according sources familiar with the matterCanada, the EU's 12th-largest trading partner, says it is ready to sign the pact as planned on Thursday and year-long negotiations were over, with trade minister Chrystia Freeland saying "the ball is in the EU court." COMMODITY BUZZ  Oil prices fell early on Monday as Iraq said it wanted to be ex- empt from any deal by producer cartel OPEC to cut production to prop up the market, and as U.S. drillers stepped up work.Brent crude futures (LCOc1) were trading at $51.59 per barrel at 0133 GMT, down 19 cents, or 0.4 percent, from their last close.U.S. West Texas Intermediate (WTI) crude was down 22 cents, or 0.4 percent, at $50.63 a barrel.Traders said the price falls followed comments from Iraq, which said it wanted to be exempt from a production cut by the Organization of the Petro- leum Exporting Countries (OPEC) that the group plans to de- cide at its Nov. 30 meeting.OPEC plans to reduce production to a range of 32.50 million to 33.0 million barrels per day (bpd), down from 33.39 million bpd in September.  Gold prices traded in a narrow range in Asia on Monday with investors noting domestic holiday-demand prospects in India ahead of the festival season, while widely expecting a dampener in the form of a Fed rate hike by the end of the year.Gold for December delivery on the Comex division of the New York Mercantile Exchange eased 0.04% to $1,267.25 a troy ounce. Also on the Comex, silver futures for December delivery rose 0.26% to $17.538 a troy ounce. Copper futures for December delivery were quoted flat at $2.090 a pound.Last week, gold prices fluctuated between small gains and losses on Friday be- fore ending almost flat as investors compared the effect of the stronger dollar and expectations for increased demand from In- dia on the precious metal.The U.S. dollar index hit its highest levels since early February on Friday amid heightened expecta- tions that the Federal Reserve will hike interest rates before the end of this year. COMMODITY BUZZ AND ECONOMIC EVENTS
  • 7. YOUR MINTVISORY Call us at +91-731-6642300 24 Oct 2016 COMMODITY NEWS COMMODITY HEADLINES  Nickel dips on weak demand .  Improving US economic outlook lifts Copper.  Silver down on feeble global cues .  Natural gas dips as US supplies rise.  Gold down on strong dollar .  Aluminium futures gain on spot demand .
  • 8. YOUR MINTVISORY Call us at +91-731-6642300 24 Oct 2016 EPIC RESEARCH– ANALYST SPEAKS GOLD BUY GOLD DEC ABOVE 30050 TARGET 30150 30300 SL BELOW 29930 SELL GOLD DEC BELOW 29850 TARGET 29750 29600 SL ABOVE 29970
  • 9. YOUR MINTVISORY Call us at +91-731-6642300 24 Oct 2016 EPIC RESEARCH– ANALYST SPEAKS SILVER BUY SILVER DEC ABOVE 42070 TARGET 42270 42570 SL BELOW 41850 SELL SILVER DEC BELOW 41850 TARGET 41650 41350 SL ABOVE 42070
  • 10. YOUR MINTVISORY Call us at +91-731-6642300 24 Oct 2016 MONDAY, 24 OCTOBER 2016 Time Cur. Event Forecast Previous 02:15 USD FOMC Member Dudley Speaks 09:30 MYR CPI (YoY) (Sep) 1.7% 1.5% 12:05 JPY BoJ Governor Kuroda Speaks 19:45 USD FOMC Member Tarullo Speaks 21:30 EUR EU Leaders Summit 22:30 USD U.S. Baker Hughes Oil Rig Count 432 TODAY’S ECONOMIC EVENTS
  • 11. YOUR MINTVISORY Call us at +91-731-6642300 24 Oct 2016 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 re- sponsibility (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 MCX The share price projections shown are not necessarily indicative of future price performance. The information herein, together with all es- timates 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 ex- pressed 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. DISCLAIMER