Epic Research contributes in rich returns of traders by depicting with most accurate stock market trading tips. Useful market insights are also offered through daily reports.
2. BULLIONS WEEKLY TECHNICAL LEVELS
GOLD(DEC) MCX WEEKLY CHART
WEEKLY PIVOTAL
S1 29449
S2 28242
PP 29667
R1 29874
R2 30092
TRADING STRATEGY:
MCX Gold DEC contract, showed range-bound movement this week. In Comex, gold broke key
support level and closed below $1300, next support at $1250. Major support at $1200-$1180 and
strong resistance at $1280-1300.we see gold price will go down to 28500-28700 in coming month.
For the next week,Gold DEC contract has support of 29300 levels. And strong support in range of
28900 to 28500 levels.
Resistances are in the range of 29600 to 29800 levels. Above 30200 the next resistance is at
30560 and 31000 levels.
WEEKLY RECOMENDATIONS:-
SELL GOLD DEC BELOW 29450 TG 29250/ 28800 SL ABOVE 29600
BUY GOLD DEC ABOVE 29900 TG 30050/30200 SL BELOW 29800
WEEKLY COMMODITY REPORT
22nd JUNE TO 27th JUNE 2015
3. BULLIONS WEEKLY TECHNICAL LEVELS
SILVER (DEC) MCX WEEKLY CHART
WEEKLY PIVOTAL
S1 41399
S2 40977
PP 42411
R1 42411
R2 43001
TRADING STRATEGY
MCX Silver DEC Contract, showed downside movement in this week due to selling pressure in
gold prices and copper.In Comex silver has a resistance of $18 and strong support at $16.70. In
MCX Silver has a support around 40800 and resistance around 42500 levels.
For the coming week, we expect Silver DEC contract go down to 40800-40500 levels. Resistance
are expected at 41960 to 42300 levels.
WEEKLY RECOMENDATIONS:-
SELL SILVER DEC BELOW 41500 TG 41200/ 40900 SL ABOVE 41900
BUY SILVER DEC ABOVE 42300 TG 42700/43050 SL BELOW 41980
4. TRADING STRATEGY:
MCX Crude Oil SEPT contract showed a upside movement this week due to positive global equity
market. In NYMEX Crude Oil has resistance of $51 and strong support of $49.Oil rig count has up
up this week by 4 to 432 from 428 showed by Baker Hughes report .
Crude Oil OCT contract having support at 3280 levels Below it at 3220 levels & strong supports at
3190 & 3050 levels.
Resistances are at 3370 levels & above it at 3400 to 3420 levels & strong resistance at 3450
levels.
WEEKLY RECOMENDATIONS:-
BUY CRUDE OIL OCT ABOVE 3450 TGT 3550/3700 SL BELOW 3337
SELL CRUDE OIL OCT BELOW 3280 TGT 3220/3150 SL ABOVE 3250
WEEKLY COMMODITY REPORT
05-09-JAN-2015
ENERGY WEEKLY TECHNICAL LEVELS
CRUDE OIL (OCT) MCX WEEKLY CHART
WEEKLY PIVOTAL
S1 3265
S2 3192
PP 3352
R1 3426
R2 3513
5. COPPER (NOV) MCX WEEKLY CHART
BASE METALS WEEKLY TECHNICAL LEVELS
WEEKLY PIVOTAL
S1 308.4
S2 303.65
PP 317.4
R1 322.1
R2 331.1
TRADING STRATEGY:
MCX COPPER NOV contract showed downside movement this week,due to weak china data, we
see copper prices will go down to 308-305 in coming week.There is a small support level around
311.50 and resistance around 317.50 levels.
For the next week, Copper NOV contract supports are at 308 levels. Below it, at 305-300 levels &
strong support at 295 levels.
Strong Resistance are at 322-326 level. Above it at 332-341 levels.
WEEKLY RECOMENDATIONS:-
SELL COPPER NOV BELOW 312.50 TG 308/305 SL ABOVE 319
BUY COPPER NOV ABOVE 322.50 TG 326/332 SL BELOW 318
6. 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 responsibility (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 NSE and BSE.
The share price projections shown are not necessarily indicative of future price performance. The information herein, together
with all estimates 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 expressed 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