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DAILY COMMODITY REPORT
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COMMODITY CONTRACT OPEN PRICE HIGH LOW CLOSE PRICE %CHANGE OI (in lots)
GOLD 05-Jun-14 28850 28850 28200 28573 -1.43 9103
SILVER 05-May-14 43050 43060 41526 42289 -2.26 15507
CRUDEOIL 21-Apr-14 6270 6291 6213 6277 -0.06 9358
NATURALGAS 25-Apr-14 275.2 280 272.6 276.3 +0.36 6294
COPPER 30-Apr-14 406.2 406.2 396.2 399.95 -1.71 23463
LEAD 30-Apr-14 127.15 127.3 125.4 126.7 -0.59 2799
NICKEL 30-Apr-14 1070.3 1074.5 1033.7 1072.7 -0.23 8294
ZINC 30-Apr-14 123.5 124 122.3 123.45 -0.32 1707
ALUMINIUM 30-Apr-14 111.8 111.8 109.5 110.2 -1.61 2856
DAILY MARKET WRAPUP
METAL TONNES IN STORAGE
ALUMINIUM -10100
COPPER -2175
LEAD -100
NICKEL -1452
TIN 15
ZINC -3250
LME WAREHOUSE STOCKS (15-APRIL-2014)

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COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT
CRUDE OIL (WTI) USD/BBL. 103.81 +0.06 +0.06% MAY 14
CRUDE OIL (BRENT) USD/BBL. 109.19 -0.17 -0.16% JUN 14
RBOB GASOLINE USD/GAL. 302.75 -1.09 -0.36% MAY 14
NYMEX NATURAL GAS USD/MMBTU 4.55 -0.01 -0.28% MAY 14
NYMEX HEATING OIL USD/GAL. 298.40 +0.49 +0.16% MAY 14
COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT
COMEX GOLD USD/T OZ. 1,298.60 -28.90 -2.18% JUN 14
GOLD SPOT USD/T OZ. 1,299.57 -3.07 -0.24% N/A
COMEX SILVER USD/T OZ. 19.49 -0.52 -2.60% MAY 14
COMEX COPPER USD/LB. 299.15 -5.60 -1.84% JUL 14
PLATINUM SPOT USD/T OZ. 1,438.56 -1.82 -0.13% N/A
INTERNATIONAL MARKETS
ENERGY COMMODITY FUTURES
PRECIOUS AND INDUSTRY METALS

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COMMODITY EXPIRY SUP.2 SUP.1 PIVOT RES.1 RES.2
ALUMINIUM 30-APR 108.20 109.20 110.50 111.50 112.80
COPPER 30-APR 390.78 395.37 400.78 405.37 410.78
CRUDEOIL 21-APR 6182 6230 6260 6308 6338
GOLD 5-JUN 27891 28232 28541 28882 29191
LEAD 30-APR 124.57 125.63 126.47 127.53 128.37
NATURALGAS 25-APR 268.90 272.60 276.30 280.00 283.70
NICKEL 30-APR 1019.5 1046.1 1060.3 1086.9 1101.1
SILVER 5-MAY 40758 41523 42292 43057 43826
ZINC 30-APR 121.55 122.50 123.25 124.20 124.95
INTRADAY SUPPORT AND RESISTANCE

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MOST ACTIVE CONTRACTS
Symbol Expiry Date LTP Value (In Lacs) Volume (In Lots)
SILVERMICRO 30-04-2014 42289.00 4,78,37,73,969.00 1,13,121
SILVER M 30-04-2014 42285.00 2,33,21,44,605.00 55,153
NICKEL 30-04-2014 1073.40 5,88,47,008.20 54,823
CRUDE OIL 21-04-2014 6278.00 29,77,78,096.00 47,432
NATURAL GAS 25-04-2014 276.30 1,20,45,851.10 43,597
COPPER 30-04-2014 399.85 1,62,38,708.20 40,612
SILVER 05-05-2014 42252.00 1,41,78,50,364.00 33,557
NICKELMINI 30-04-2014 1073.30 3,58,90,078.70 33,439
COPPERMINI 30-04-2014 399.80 1,13,83,105.60 28,472
GOLD M 05-05-2014 29329.00 61,52,93,091.00 20,979

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TODAY,S COMMODITY NEWS
COMMODITY HEADLINES
Gold drops on Goldman Sach's bearish outlook.
China shadow on India's jewellery manufacturing.
Silver down 0.5% on lower global trend.
Gold extends gains on stockists buying.
Zinc down 0.6% on overseas trend.
Nickel down 3% on profit-booking, global cues.
Lead down 0.2% on subdued spot demand, global cues.
Copper down 0.5% on global cues, subdued demand.
Rabi arrivals, elections cast shadow on agri commodities.
Vegetable oil import down 6% in Nov-Mar.
MP farmers hold on to chana anticipating better price.
India's vegetable oil imports decline 6% in March.
Oil prices up as Russia-Ukraine tensions escalate.
Crude oil prices fall further in Asia.
Mentha oil up 0.6% on spot demand.
Agriculture and livestock emissions up 14%: FAO.
Rubber imports surged last fiscal.

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SPECIAL NEWS
Eurozone unadjusted trade surplus rose to EUR 13.6 billion
from EUR 9.8 billion in the same month last year. Foreign
trade surplus in February increased from a year ago, figures
from Eurostat showed Tuesday. In January, the surplus was
EUR 0.8 billion versus a deficit of EUR 4.8 billion a year ago.
The seasonally adjusted trade surplus for February grew to
EUR 4.4 billion from EUR 1.2 billion a year ago. Exports rose a
seasonally adjusted 1.2 percent monthly and imports grew 0.6
percent.
UK CPI inflation slipped for a sixth consecutive month in
March to hit a fresh four-year low, according to latest figures
from the Office for National Statistics (ONS). CPI inflation
eased from 1.7% in February to 1.6% this month, the ONS
said, in line with economists' expectations and continuing the
trend seen in recent months. The figure is the lowest level
seen since October 2009. The largest contribution to this
month's fall came from transport. CPI inflation has now fallen
every month since September 2013, when the rate stood at
2.7%.
Sales at U.S. retailers went up by 1.1% in March to a season-
ally adjusted $433.9 billion, the Commerce Department esti-
mated Monday. This is the largest gain since September 2012.
COMMODITY BUZZ
On April 15 last year, gold prices had corrected sharply, following
investment bank Goldman Sachs saying it had a bearish outlook
on the commodity. At that time, prices had fallen from $1,600/oz
to $1,300/oz in only a few days. On Tuesday, exactly a year later,
gold prices again fell sharply in the foreign market—from $1,330/
oz to $1,290/oz—in just a few hours. Again, it was Goldman Sachs
that came up with a bearish outlook—it said the metal would hit
$1,050/oz by the year-end.
MCX Gold futures eased after recent gains yesterday. The global
futures slipped from a three-week high as traders booked heavy
profits after recent gains. A minor sell off in Asian equities on Chi-
nese overheating worries also hurt the metal. Gold had rallied last
night amid renewed tensions between Ukraine and Russia. How-
ever, the metal is off these highs today, easing after breaking be-
low $1330 per ounce mark. The counter quotes at $1312 per
ounce, down $16 per ounce on the day. MCX Gold futures also
followed the trend and currently trade at Rs 28674, down Rs 285
per 10 grams or 1% on the day.
The NCDEX May Castor oil prices declined 0.65% in the last trad-
ing to close at Rs 3984 per quintal. The NCDEX futures pared
0.45% in open interest indicating selling by traders
COMMODITY BUZZ AND ECONOMIC EVENTS

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EPIC RESEARCH– ANALYST SPEAKS
SILVER
SILVER MCX Short term trend is DOWN. Immediate support @ 42200. Immediate Resistance @ 43200. Yesterday SILVER MCX
Closed @ 42289. Yesterday Intraday Range of SILVER MCX was 1534 .Open Interest was UP +17.50 %, Volumes were 32920 lots.
For today Keep a close eye on US data, volatility may Rule the overall Market due to USDINR Movements.
BUY SILVER(MAY) ABOVE 42440 TGTS 42640/42940 SL 42140
SELL SILVER(MAY) BELOW 42000 TGTS 41800/41500 SL 42350

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EPIC RESEARCH– ANALYST SPEAKS
GOLD
GOLD MCX Short term trend is DOWN. Immediate support @ 28200. Immediate Resistance @ 28650. Yesterday GOLD MCX
Closed @ 28573. Yesterday Intraday Range of GOLD MCX was 650. Open Interest was UP+ 0.65 %, Volumes were 17550 lots. For
today Keep a close eye on US data, volatility may Rule the overall Market due to USDINR Movements.
BUY GOLD(JUN) ABOVE 28650 TGTS 28730/28830 SL 28540
SELL GOLD(JUN) BELOW 28440 TGTS 28360/28260 SL 28560

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EPIC RESEARCH– ANALYST SPEAKS
DHANIYA
Dhaniya daily chart shows bullish trend. once again dhaniya fall form upper level.
RSI is in mid range. expecting from here onwards profit booking will continue in
upcoming trading session. Immediate support @ 9520 & Immediate resistance @ 9630.
BUY DHANIYA MAY ABOVE 9630 TGTS 9660,9710 SL 9580
SELL DHANIYA MAY BELOW 9520 TGTS 9490,9440 SL 9570
RESISTANCE 1 9809
RESISTANCE 2 9697
PIVOT 9595
SUPPORT 1 9490
SUPPORT 2 9395

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EPIC RESEARCH– ANALYST SPEAKS
GUARSEED
Guarseed Apr. short term trend looking sideways to bearish in daily chart. Momentum indicators RSI is above mid range, expect-
ing may go up. In intraday basis immediate support @ 4840 & immediate resistance @ 4980.
BUY GUARSEED MAY ABOVE 4980 TGTS 5010,5060 SL 4930
SELL GUARSEED MAY BELOW 4840 TGTS 4810,4760 SL 4890
RESISTANCE 1 5050
RESISTANCE 2 4995
PIVOT 4915
SUPPORT 1 4830
SUPPORT 2 4720

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TUESDAY, APRIL 16
TIME COUNTRY EVENT ACTUAL FORECAST PREVIOUS
ALL DAY HOLIDAY
NORWAY - WENSDAY BEFORE EASTER - EARLY
CLOSE AT 13:30
00:30 USD FOMC MEMBER PLOSSER SPEAKS
04:15 NZD CPI (QOQ) 0.3% 0.5% 0.1%
04:15 NZD CPI (YOY) 1.5% 1.7% 1.6%
05:30 USD FOMC MEMBER KOCHERLAKOTA SPEAKS
07:30 CNY CHINESE FIXED ASSET INVESTMENT (YOY) 17.6% 18.1% 17.9%
07:30 CNY CHINESE GDP (YOY) 7.4% 7.3% 7.7%
07:30 CNY CHINESE GDP (QOQ) 1.4% 1.4% 1.8%
07:30 CNY CHINESE INDUSTRIAL PRODUCTION (YOY) 8.8% 9.0% 8.6%
10:00 JPY INDUSTRIAL PRODUCTION (MOM) -2.3% -2.3%
11:45 JPY BOJ GOVERNOR KURODA SPEAKS
14:00 GBP CLAIMANT COUNT CHANGE -30.0K -34.6K
14:00 GBP UNEMPLOYMENT RATE 7.1% 7.2%
14:30 EUR CORE CPI (YOY) 0.8% 1.0%
TODAY’S ECONOMIC EVENTS

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TUESDAY, APRIL 16
TIME COUNTRY EVENT ACTUAL FORECAST PREVIOUS
14:30 EUR CPI (YOY) 0.5% 0.5%
14:30 EUR CPI (MOM) 1.0% 0.3%
17:30 USD FOMC MEMBER STEIN SPEAKS
18:00 CAD FOREIGN SECURITIES PURCHASES 1.09B
18:00 USD BUILDING PERMITS 1.008M 1.014M
18:00 USD BUILDING PERMITS (MOM) 0.6% 7.3%
18:00 USD HOUSING STARTS (MOM) 6.4% -0.2%
18:00 USD HOUSING STARTS 0.973M 0.907M
18:45 USD INDUSTRIAL PRODUCTION (MOM) 0.5% 0.6%
19:30 CAD BOC GOV POLOZ SPEAKS
19:30 CAD BOC MONETARY POLICY REPORT
19:30 CAD INTEREST RATE DECISION 1.00% 1.00%
21:45 USD FED CHAIR YELLEN SPEAKS
22:55 USD FOMC MEMBER FISHER SPEAKS
23:30 USD BEIGE BOOK
TODAY’S ECONOMIC EVENTS

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16th APRIL 2014
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