Ce diaporama a bien été signalé.
Le téléchargement de votre SlideShare est en cours. ×

Keynote commodity daily report 160512

Publicité
Publicité
Publicité
Publicité
Publicité
Publicité
Publicité
Publicité
Publicité
Publicité
Publicité
Publicité
Chargement dans…3
×

Consultez-les par la suite

1 sur 3 Publicité

Plus De Contenu Connexe

Diaporamas pour vous (20)

Publicité

Similaire à Keynote commodity daily report 160512 (14)

Plus par Keynote Capitals Ltd. (20)

Publicité

Plus récents (20)

Keynote commodity daily report 160512

  1. 1. Daily Commodity Report 16th May 2012 MCX GOLD (5 JUNE 12) - Gold opened lower at 28205. Gold Silver Crude (5 Jun-12) (5 Jul-12) (21 May-12) Incidentally, this was the highest price for the day. However, it failed to sustain higher and moved lower. It touched an intra-day Open 28,205 53,575 5,106 low of 27992. It ended the day with modest losses to close at High 28,205 53,575 5,137 28126. Low 27,992 52,820 5,072 The RSI is placed below its averages, which would lead to selling Close 28,126 52,957 5,083 pressure. However, the Stochastic has moved above its average. Moreover, the RSI and Stochastic are placed in the over sold zone, Prev. Close 28,244 53,635 5,111 which would lead to short covering and buying support at regular % Change -0.42% -1.26% -0.55% intervals. The ADX line and the +DI line are moving sideways but the -DI line has again started moving higher and is placed at 38.74 Source – MCX level indicating sellers are gaining strength. MCX GOLD faces resistance at 28960, 29212 and 29433, while the supports are Volume (In 000's) placed at 28084, 27557 and 26517 levels. 15/5/2012 14/5/2012 % Chg. MCX SILVER (5 JULY 12) - Silver opened lower at 53575. Gold (gms) 37,497.0 37,503.0 -0.02% Incidentally, this was the highest price for the day. However, it failed to sustain higher. It moved lower to touch an intra-day low of Silver (kgs) 2,153.2 1,780.0 20.97% 52820. It ended the day with moderate losses to close at 52957. Crude (bbl) 19,528.1 19,045.4 2.53% The RSI and the Stochastic are placed below their respective Source – MCX averages, which would lead to selling pressure. However, the Stochastic and RSI are placed in the over sold zone, which would Turnover (In Lacs) lead to short covering at regular intervals. The ADX line and the +DI line are moving sideways but the -DI line has again started 15/5/2012 14/5/2012 % Chg. moving higher and is placed at 37.88 level indicating sellers are Gold 1,053,556.0 1,059,280.4 -0.54% gaining strength. MCX Silver faces resistance at 55551, 56157, 57737, 61708 and 65159 while the supports are placed at 51029, Silver 1,144,398.3 955,211.0 19.81% 50252 and 48562 levels. Crude 996,408.0 971,218.0 2.59% MCX CRUDE (19 May 12) - Crude opened lower at 5106 level It Source – MCX moved lower to touch an intra-day low of 5072. However, it managed to bounce back from lower levels and moved higher. It Global Market (Nymex - $) moved higher to touch an intra-day high of 5137. It ended the day with modest losses to close at 5083. 16/5/2012 15/5/2012 % Chg. Gold (oz) 1,541.40 1,556.80 -0.99% The RSI and the Stochastic are placed below their respective averages, which would lead to selling pressure. But both are also Silver (oz) 27.69 28.05 -1.32% placed in the over sold zone, which would lead to short covering at Crude (bbl) 92.87 93.98 -1.18% lower levels. The ADX line and the +DI line are moving sideways. The -DI line is placed at 35.95 level indicating sellers have an Dollar Index 81.35 81.22 0.16% upper hand. It faces resistance at 5160, 5264 and 5392, while the Source – www.cmegroup.com supports are placed at 5057, 4905 and 4722 levels. Intra-day Resistance Intra-day Support Commodities Close Pivot Point R1 R2 R3 S1 S2 S3 CRUDE MAY 12 5083 5097 5123 5162 5227 5058 5032 4967 GOLD JUN 12 28126 28108 28223 28321 28534 28010 27895 27682 SILVER JUL 12 52957 53117 53415 53872 54627 52660 52362 51607 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. 2. US Economic Calendar: Wednesday Thursday Monday Tuesday Wednesday May 16 May 17 May 21 May 22 May 23 Industrial Production Jobless Claims Chicago Fed National Existing Home Sales New Home Sales Activity Index Housing Starts Bloomberg Consumer 4-Week Bill ICSC-Goldman Store EIA Petroleum Status Comfort Index Announcement Sales Report FOMC Minutes E-Commerce Retail 3-Month Bill Auction Richmond Fed MBA Purchase Announcements Sales Manufacturing Index Applications 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. 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

×