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Daily Commodity Report

                                                                                                                              4th June 2012
                                                               MCX GOLD (5 JUNE 12) - Gold opened lower at 29745. It moved
                    Gold          Silver         Crude
                   (5 Jun-12)    (5 Jul-12)    (19 Jun-12)     lower to touch an intra-day low of 29740. However, it managed a
                                                               bounce back and moved higher to touch an intra-day high of 29929.
 Open                 29,745         54,530          4,624     It ended the day with modest gains to close at 29866.
 High                 29,929         54,610          4,641
                                                               The RSI and the Stochastic are placed above its average. These
 Low                  29,740         54,451          4,611
                                                               positive conditions would lead to further buying support. The ADX
 Close                29,866         54,487          4,624     line and the –DI line are moving sideways. However, the +DI line is
 Prev. Close          29,724         54,445          4,631     placed above the 30 level indicating buyers are gaining an upper
                                                               hand. MCX GOLD faces resistance at 29871, 29929 and 30000
 % Change              0.48%         0.08%         -0.15%      while the supports are placed at 29433, 29212, 28960, 28084,
Source – MCX                                                   27855, 27557 and 26517 levels.

                    Volume (In 000's)                          MCX SILVER (5 JULY 12) - Silver opened higher at 54530. It
                                                               moved higher to touch an intra-day high of 54610. However, it
                   02/06/2012    01/06/2012        % Chg.
                                                               failed o sustain higher and moved lower to touch an intra-day low of
 Gold (gms)             337.0       4,753.0       -92.91%      54451. However, it still ended the day with marginal gains to close
                                                               at 54487.
 Silver (kgs)            71.1       3,211.6       -97.79%

 Crude (bbl)          1,048.5      32,237.7       -96.75%      The RSI and the Stochastic are placed above their respective
Source – MCX                                                   average’s, which would lead to buying support. The ADX line, the
                                                               +DI line and the –DI line are moving sideways, indicating a range
                   Turnover (In Lacs)                          bound trend. MCX Silver faces resistance at 55551, 56157, 57737,
                                                               61708 and 65159 while the supports are placed at 51029, 50252
                   02/06/2012    01/06/2012        % Chg.      and 48562 levels.
Gold                 10,061.4     138,078.9       -92.71%
                                                               MCX CRUDE (19 June 12) - Crude opened lower at 4624 level. It
Silver               38,784.0   1,727,633.9       -97.76%      moved higher to touch an intra-day high of 4641. However, it failed
Crude                48,494.3   1,522,310.7       -96.81%
                                                               to sustain higher and moved lower to touch an intra-day low of
                                                               4611. It ended the day with marginal losses to close at 4624.
Source – MCX
                                                               The RSI and the Stochastic are placed below their respective
                Global Market (Nymex - $)
                                                               averages, which would lead to selling pressure. However, both are
                   04/06/2012    02/06/2012        % Chg.      placed in the over sold zone, which would lead to short covering at
                                                               lower levels. The ADX line and –DI line are trending up and are
Gold (oz)            1,620.00      1,620.50        -0.03%
                                                               placed above the 30 level indicating sellers have an upper hand.
Silver (oz)             28.31         28.50        -0.67%      While the +DI line is moving lower. It faces resistance at 4710,
Crude (bbl)             82.30         83.23        -1.12%      4855, 4905 and 5000 while the supports are placed at 4421, 4259
                                                               and 3723.
Dollar Index            82.96         82.89         0.08%

Source – www.cmegroup.com

                                                                    Intra-day Resistance                        Intra-day Support
Commodities                      Close        Pivot Point
                                                                    R1            R2            R3           S1               S2        S3

CRUDE JUN 12                       4624             4625          4640          4655         4685          4610          4595         4565

GOLD JUN 12                      29866             29845         29950        30034         30223         29761        29656         29467

SILVER JUL 12                    54487             54516         54581        54675         54834         54422        54357         54198


                                                             Keynote Capitals Ltd.
                     The Ruby, 9th Floor, Senapati Bapat Marg, Dadar (W), Mumbai – 400 028. Tel: 3026 6000. Fax: 3026 6088.
                                                             www.keynotecapitals.com
US Economic Calendar:

      Monday                     Tuesday                   Wednesday                     Thursday                         Friday
      Jun 04                      Jun 05                    Jun 06                        Jun 07                          Jun 08
Factory Orders           ISM Non-Mfg Index            Productivity and Costs      Jobless Claims               International Trade
                                                      Data
4-Week Bill              ICSC-Goldman Store           EIA Petroleum Status        EIA Natural Gas              Wholesale Trade
Announcement             Sales                        Report                      Report
6-Month Bill Auction     4-Week Bill Auction          MBA Purchase                Bloomberg Consumer
                                                      Applications                Comfort Index




                                                       Keynote Capitals Ltd.
                 The Ruby, 9th Floor, Senapati Bapat Marg, Dadar (W), Mumbai – 400 028. Tel: 3026 6000. Fax: 3026 6088.
                                                       www.keynotecapitals.com
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use of this document. The recipients of this material should rely on their own investigations and take their own professional advice. Price
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                                                            Keynote Capitals Ltd.
                    The Ruby, 9th Floor, Senapati Bapat Marg, Dadar (W), Mumbai – 400 028. Tel: 3026 6000. Fax: 3026 6088.
                                                            www.keynotecapitals.com

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Keynote commodity daily report 040612

  • 1. Daily Commodity Report 4th June 2012 MCX GOLD (5 JUNE 12) - Gold opened lower at 29745. It moved Gold Silver Crude (5 Jun-12) (5 Jul-12) (19 Jun-12) lower to touch an intra-day low of 29740. However, it managed a bounce back and moved higher to touch an intra-day high of 29929. Open 29,745 54,530 4,624 It ended the day with modest gains to close at 29866. High 29,929 54,610 4,641 The RSI and the Stochastic are placed above its average. These Low 29,740 54,451 4,611 positive conditions would lead to further buying support. The ADX Close 29,866 54,487 4,624 line and the –DI line are moving sideways. However, the +DI line is Prev. Close 29,724 54,445 4,631 placed above the 30 level indicating buyers are gaining an upper hand. MCX GOLD faces resistance at 29871, 29929 and 30000 % Change 0.48% 0.08% -0.15% while the supports are placed at 29433, 29212, 28960, 28084, Source – MCX 27855, 27557 and 26517 levels. Volume (In 000's) MCX SILVER (5 JULY 12) - Silver opened higher at 54530. It moved higher to touch an intra-day high of 54610. However, it 02/06/2012 01/06/2012 % Chg. failed o sustain higher and moved lower to touch an intra-day low of Gold (gms) 337.0 4,753.0 -92.91% 54451. However, it still ended the day with marginal gains to close at 54487. Silver (kgs) 71.1 3,211.6 -97.79% Crude (bbl) 1,048.5 32,237.7 -96.75% The RSI and the Stochastic are placed above their respective Source – MCX average’s, which would lead to buying support. The ADX line, the +DI line and the –DI line are moving sideways, indicating a range Turnover (In Lacs) bound trend. MCX Silver faces resistance at 55551, 56157, 57737, 61708 and 65159 while the supports are placed at 51029, 50252 02/06/2012 01/06/2012 % Chg. and 48562 levels. Gold 10,061.4 138,078.9 -92.71% MCX CRUDE (19 June 12) - Crude opened lower at 4624 level. It Silver 38,784.0 1,727,633.9 -97.76% moved higher to touch an intra-day high of 4641. However, it failed Crude 48,494.3 1,522,310.7 -96.81% to sustain higher and moved lower to touch an intra-day low of 4611. It ended the day with marginal losses to close at 4624. Source – MCX The RSI and the Stochastic are placed below their respective Global Market (Nymex - $) averages, which would lead to selling pressure. However, both are 04/06/2012 02/06/2012 % Chg. placed in the over sold zone, which would lead to short covering at lower levels. The ADX line and –DI line are trending up and are Gold (oz) 1,620.00 1,620.50 -0.03% placed above the 30 level indicating sellers have an upper hand. Silver (oz) 28.31 28.50 -0.67% While the +DI line is moving lower. It faces resistance at 4710, Crude (bbl) 82.30 83.23 -1.12% 4855, 4905 and 5000 while the supports are placed at 4421, 4259 and 3723. Dollar Index 82.96 82.89 0.08% Source – www.cmegroup.com Intra-day Resistance Intra-day Support Commodities Close Pivot Point R1 R2 R3 S1 S2 S3 CRUDE JUN 12 4624 4625 4640 4655 4685 4610 4595 4565 GOLD JUN 12 29866 29845 29950 30034 30223 29761 29656 29467 SILVER JUL 12 54487 54516 54581 54675 54834 54422 54357 54198 Keynote Capitals Ltd. The Ruby, 9th Floor, Senapati Bapat Marg, Dadar (W), Mumbai – 400 028. Tel: 3026 6000. Fax: 3026 6088. www.keynotecapitals.com
  • 2. US Economic Calendar: Monday Tuesday Wednesday Thursday Friday Jun 04 Jun 05 Jun 06 Jun 07 Jun 08 Factory Orders ISM Non-Mfg Index Productivity and Costs Jobless Claims International Trade Data 4-Week Bill ICSC-Goldman Store EIA Petroleum Status EIA Natural Gas Wholesale Trade Announcement Sales Report Report 6-Month Bill Auction 4-Week Bill Auction MBA Purchase Bloomberg Consumer Applications Comfort Index Keynote Capitals Ltd. The Ruby, 9th Floor, Senapati Bapat Marg, Dadar (W), Mumbai – 400 028. Tel: 3026 6000. Fax: 3026 6088. www.keynotecapitals.com
  • 3. Disclaimer This document is not for public distribution and has been furnished to you solely for your information and must not be reproduced or redistributed to any other person. Persons into whose possession this document may come are required to observe these restrictions. This material is for the personal information of the authorized recipient, and we are not soliciting any action based upon it. This report is not to be construed as an offer to sell or the solicitation of an offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. It is for the general information of clients of Keynote Capitals Ltd. It does not constitute a personal recommendation or take into account the particular investment objectives, financial situations, or needs of individual clients. We have reviewed the report, and in so far as it includes current or historical information, it is believed to be reliable though its accuracy or completeness cannot be guaranteed. Neither Keynote Capitals Ltd., nor any person connected with it, accepts any liability arising from the use of this document. The recipients of this material should rely on their own investigations and take their own professional advice. Price and value of the investments referred to in this material may go up or down. Past performance is not a guide for future performance. Certain transactions -including those involving futures, options and other derivatives as well as non-investment grade securities - involve substantial risk and are not suitable for all investors. Reports based on technical analysis centers on studying charts of a stock’s price movement and trading volume, as opposed to focusing on a company’s fundamentals and as such, may not match with a report on a company’s fundamentals. Opinions expressed are our current opinions as of the date appearing on this material only. While we endeavor to update on a reasonable basis the information discussed in this material, there may be regulatory, compliance, or other reasons that prevent us from doing so. Prospective investors and others are cautioned that any forward-looking statements are not predictions and may be subject to change without notice. Our proprietary trading and investment businesses may make investment decisions that are inconsistent with the recommendations expressed herein. We and our affiliates, officers, directors, and employees world wide may: (a) from time to time, have long or short positions in, and buy or sell the securities thereof, of company (ies) mentioned herein or (b) be engaged in any other transaction involving such securities and earn brokerage or other compensation or act as a market maker in the financial instruments of the company (ies) discussed herein or act as advisor or lender / borrower to such company (ies) or have other potential conflict of interest with respect to any recommendation and related information and opinions. The analyst for this report certifies that all of the views expressed in this report accurately reflect his or her personal views about the subject company or companies and its or their securities, and no part of his or her compensation was, is or will be, directly or indirectly related to specific recommendations or views expressed in this report. No part of this material may be duplicated in any form and/or redistributed without Keynote Capitals Ltd’s., prior written consent. Keynote Capitals Ltd. The Ruby, 9th Floor, Senapati Bapat Marg, Dadar (W), Mumbai – 400 028. Tel: 3026 6000. Fax: 3026 6088. www.keynotecapitals.com