1. Daily Commodity Report
14th February 2013
Gold Silver Crude MCX GOLD (5 APRIL 13) –
13-Feb-13
Expiry 05-Apr-13 05-Mar-13 19-Feb-13 Gold opened higher at 30602 and moved further higher to touch an
Open 30,602 57,699 5,255 intra-day high of 30637. However, it failed to sustain higher and
moved lower to touch an intra-day low of 30510. It ended the day
High 30,637 57,850 5,273
with marginal losses to close at 30554.
Low 30,510 57,405 5,230
The RSI and the Stochastic are placed below their respective
Close 30,554 57,442 5,249 averages, which would lead to selling pressure. However, the
Prev. Close 30,573 57,555 5,248 Stochastic has moved in the over sold zone, which would lead to
intermediate bouts of short covering. The –DI line is placed above
% Change -0.06% -0.20% 0.02%
the +DI line and is placed above the 25 level but has come off its
Source – MCX recent highs, indicating sellers are covering shorts regularly. MCX
Gold faces resistance at 30916 and 31535 while the support levels
Volume (In 000's) are placed at 30475, 30150, 30000, 29500 and 29142.
13-Feb-13 12-Feb-13 % Chg. MCX SILVER (5 MARCH 13) –
Gold (gms) 26,457.0 33,982.0 -22.14%
Silver opened higher at 57699 but moved lower to touch an intra-
Silver (kgs) 1,257.7 1,663.7 -24.40% day low of 57405. However, it managed to bounce back and
Crude (bbl) 16,417.4 16,863.2 -2.64% moved higher to touch an intra-day high of 57850. It ended the day
with marginal losses to close at 57442.
Source – MCX
The RSI and the Stochastic are placed below their respective
Turnover (In Lacs) averages, which would lead to selling pressure. However, the
Stochastic has moved in the over sold zone, which would lead to
13-Feb-13 12-Feb-13 % Chg.
intermediate bouts of short covering. The –DI line is placed above
Gold 808,789.1 1,039,007.0 -22.16% the +DI line and is placed above the 25 level but has come off its
recent highs, indicating sellers are covering shorts regularly. MCX
Silver 724,495.6 955,507.0 -24.18%
Silver faces resistance at 59483, 61484, 62164 and 63224 while
Crude 862,704.6 884,331.5 -2.45% the supports are placed at 57049, 56372 and 55952 levels.
Source – MCX
MCX CRUDE (19 FEBRUARY 13) –
Global Market (Nymex - $)
Crude opened higher at 5255 and moved further lower to touch an
14/02/2013 13/02/2013 % Chg. intra-day low of 5230. However, it managed to bounce back and
moved higher to touch an intra-day high of 5273. It ended the day
Gold (oz) 1,644.70 1,645.10 -0.02% on a flat note to close the day at 5249.
Silver (oz) 30.82 30.87 -0.16%
The RSI and the Stochastic are placed above their respective
WTI Crude (bbl) 97.15 97.01 0.14% averages, which would lead to buying support. However, the
Brent Crude (bbl) 118.72 118.62 0.08% Stochastic is placed in the over bought zone, which would lead to
intermediate bouts of profit taking. The +DI line is placed above the
Dollar Index 80.08 80.07 0.01%
-DI line and is placed above the 26 level, level but has come off its
Source – www.cmegroup.com recent highs, indicating buyers are booking profits regularly. It
faces resistance at 5250, 5300, 5401 and 5476, while the supports
are placed at 5157, 5122, 5085 and 4961
Sanjay Bhatia (AVP – Technical Research)
Email sanjay@keynotecapitals.net Yahoo Id: keytechnicals@yahoo.in
NOTE – Stop Losses should be considered strictly on Closing
Basis
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. Commodity News:
Brent crude steady at $119 on higher global demand
Brent crude steadied on Wednesday, holding just below a nine-month high near $119 per barrel on forecasts for a
faster-than-expected growth in global oil demand this year. However, easing tensions in Iran subdued prices.
Turmeric rises on spot demand, pepper on low stocks
Turmeric futures rose on Wednesday, supported by some improvement in local demand and on expectations of lower
output though supplies from the new season crop and mounting stocks limited the upside. The most-active turmeric
contract for April delivery on the NCDEX was 1.15% higher at Rs 6,322per 100 kg.
Gold declines on lower demand, silver recovers
Gold prices fell to nearly two week low at the bullion market on further selling by stockists and investors amid dull retail
demand. In contrast, silver recovered moderately on renewed speculative off-take as well as mild industrial demand
Source: ET
Economic Calendar:
Countries / Thursday Friday Monday
Regions 14/13 15/13 18/13
India WPI Inflation (Jan) FX Reserves, USD (Feb 3)
Industrial Production (MoM)
US
(Jan)
Net Long-Term TIC Flows
(Dec)
European Monetory Union
Japan BoJ Monetary Policy
Global Gross Domestic Product UK Retail Sales (YoY) (Jan)
Meeting Minutes
s.a. (YoY) (Q4)Preliminar
Japan BoJ Monetary Policy
Japan Industrial Production UK Rightmove House Price
Statement and press
(YoY) (Dec) Index (YoY) (Feb)
conference
Japan BoJ Interest Rate
Decision (Feb 14)
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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