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www.TheEquicom.com +919200009266
THE EQUICOM PROFIT UPDATE: PLEASE CLOSE YOUR POSITION IN COPPER, OUR SL TRIGGERED
www.TheEquicom.com 09200009266
00009999----OCTOCTOCTOCT.... ----2013201320132013
DAILY MCX NEWSLETTER
www.TheEquicom.com +919200009266
BULLION
US gold held gains on Tuesday morning after
US Govt shutdown entered for a second week.
The commodity was supported by weak US
Dollar index and hopes that US Central Bank
may continue with its monetary stimulus amid
gloomy economic outlook on US. Chinese
markets have reopened on Tuesday after a
week long National Day holiday and are
expected to support the yellow metal
movement in the global market.
Good physical demand from Asia was noted on
Tuesday after China returned from its week
long holidays. Upcoming India's festive and
wedding season demand is expected to support
the yellow metal prices to certain extent in the
global market.
ENERGY
US crude oil futures rose from a four day low
amid concerns over partial shutdown of the
US government and higher than expected
crude oil stock-piles. WTI crude oil for
November delivery on NYMEX was seen
trading with the gain of 80 cents at $103.83
per barrel as of 16.28 IST on Tuesday.
Technically, the trend in crude oil futures for
October delivery on India's Multi Commodity
Exchange (MCX) looks sideways to bullish for
the day and traders are advised to take buy
position.
Intra-day support for the commodity is seen at
6350 while resistance is seen at 6470. If prices
break the level of 6470, then further upside is
expected till 6530.
BASE METAL
India lead futures edged up on Tuesday on
short covering amid depreciation of Indian
Rupee (INR) against US Dollar (USD). The
commodity is expected to trade with a
positive bias during intra-day trade.
Chinese service sector recorded a decline in
September. HSBC China Services Purchasing
Managers' Index fell to 52.4 from 52.8
recorded in August, according to the data
released on Tuesday.
www.TheEquicom.com +919200009266
GOLD (5 DEC.)
SILVER (5 DEC.)
OUTLOOK:
TREND : -CONSOLIDATE
RESISTANCE : - 29890, 30160
SUPPORT : - 29200, 28900
STRATEGY : - SELL ON HIGHS
OUTLOOK:
TREND : - CONSOLIDATE
RESISTANCE : - 50300, 50800
SUPPORT : - 49500, 49020
STRATEGY : - SELL ON HIGHS
BULLION
www.TheEquicom.com +919200009266
CRUDEOIL (21 OCT.)
NATURAL GAS (28 OCT.)
ENERGY
OUTLOOK:
TREND : - CONSOLIDATE
RESISTANCE : - 6480, 6550
SUPPORT : - 6400, 6290
STRATEGY : - SELL ON HIGHS
OUTLOOK:
TREND : - CONSOLIDATE
RESISTANCE : - 235.00, 238.00
SUPPORT : - 225.00, 222.70
STRATEGY : - BUY ON DIPS
www.TheEquicom.com +919200009266
COPPER (29 NOV.)
LEAD (31 OCT.)
BASE METAL
OUTLOOK:
TREND : - CONSOLIDATE
RESISTANCE : -459.50, 462.00
SUPPORT : - 450.00, 444.00
STRATEGY : - SELL ON HIGHS
OUTLOOK:
TREND : - CONSOLIDATE
RESISTANCE : - 129.80, 130.50
SUPPORT : - 128.70, 127.00
STRATEGY : - SELL ON HIGHS
www.TheEquicom.com +919200009266
ZINC (31 OCT.)
ALUMINUM (31 OCT.)
NICKEL (31 OCT.)
OUTLOOK:
TREND : - CONSOLIDATE
RESISTANCE : - 117.05, 118.00
SUPPORT : - 115.40, 114.40
STRATEGY : - SELL ON HIGHS
OUTLOOK:
TREND : - CONSOLIDATE
RESISTANCE : - 114.80, 115.60
SUPPORT : - 113.00, 112.00
STRATEGY : - SELL ON HIGHS
OUTLOOK:
TREND : - CONSOLIDATE
RESISTANCE : - 870.00, 890.00
SUPPORT : - 850.00, 835.00
STRATEGY : - SELL ON HIGHS
www.TheEquicom.com +919200009266
GOLD 1316.51
SILVER 22.210
COPPER 03.267
CRUDE OIL 103.48
NATURAL GAS 03.717
PALLADIUM 707.50
PLATINUM 1396.50
USDINR 61.9400
EURUSD 01.3570
USDJPY 97.1700
USDCHF 00.9055
GBPUSD 01.6067
USDCAD 01.0372
www.TheEquicom.com +919200009266
www.TheEquicom.com +919200009266
Disclaimer
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. TheEquicom recommends that investors independently evaluate
particular investments and strategies, and encourages investors to seek the advice of a financial adviser. TheEquicom 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 TheEquicom 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 Commodity and equity 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. TheEquicom 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.

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Daily mcx newsletter 09 oct 2013

  • 1. www.TheEquicom.com +919200009266 THE EQUICOM PROFIT UPDATE: PLEASE CLOSE YOUR POSITION IN COPPER, OUR SL TRIGGERED www.TheEquicom.com 09200009266 00009999----OCTOCTOCTOCT.... ----2013201320132013 DAILY MCX NEWSLETTER
  • 2. www.TheEquicom.com +919200009266 BULLION US gold held gains on Tuesday morning after US Govt shutdown entered for a second week. The commodity was supported by weak US Dollar index and hopes that US Central Bank may continue with its monetary stimulus amid gloomy economic outlook on US. Chinese markets have reopened on Tuesday after a week long National Day holiday and are expected to support the yellow metal movement in the global market. Good physical demand from Asia was noted on Tuesday after China returned from its week long holidays. Upcoming India's festive and wedding season demand is expected to support the yellow metal prices to certain extent in the global market. ENERGY US crude oil futures rose from a four day low amid concerns over partial shutdown of the US government and higher than expected crude oil stock-piles. WTI crude oil for November delivery on NYMEX was seen trading with the gain of 80 cents at $103.83 per barrel as of 16.28 IST on Tuesday. Technically, the trend in crude oil futures for October delivery on India's Multi Commodity Exchange (MCX) looks sideways to bullish for the day and traders are advised to take buy position. Intra-day support for the commodity is seen at 6350 while resistance is seen at 6470. If prices break the level of 6470, then further upside is expected till 6530. BASE METAL India lead futures edged up on Tuesday on short covering amid depreciation of Indian Rupee (INR) against US Dollar (USD). The commodity is expected to trade with a positive bias during intra-day trade. Chinese service sector recorded a decline in September. HSBC China Services Purchasing Managers' Index fell to 52.4 from 52.8 recorded in August, according to the data released on Tuesday.
  • 3. www.TheEquicom.com +919200009266 GOLD (5 DEC.) SILVER (5 DEC.) OUTLOOK: TREND : -CONSOLIDATE RESISTANCE : - 29890, 30160 SUPPORT : - 29200, 28900 STRATEGY : - SELL ON HIGHS OUTLOOK: TREND : - CONSOLIDATE RESISTANCE : - 50300, 50800 SUPPORT : - 49500, 49020 STRATEGY : - SELL ON HIGHS BULLION
  • 4. www.TheEquicom.com +919200009266 CRUDEOIL (21 OCT.) NATURAL GAS (28 OCT.) ENERGY OUTLOOK: TREND : - CONSOLIDATE RESISTANCE : - 6480, 6550 SUPPORT : - 6400, 6290 STRATEGY : - SELL ON HIGHS OUTLOOK: TREND : - CONSOLIDATE RESISTANCE : - 235.00, 238.00 SUPPORT : - 225.00, 222.70 STRATEGY : - BUY ON DIPS
  • 5. www.TheEquicom.com +919200009266 COPPER (29 NOV.) LEAD (31 OCT.) BASE METAL OUTLOOK: TREND : - CONSOLIDATE RESISTANCE : -459.50, 462.00 SUPPORT : - 450.00, 444.00 STRATEGY : - SELL ON HIGHS OUTLOOK: TREND : - CONSOLIDATE RESISTANCE : - 129.80, 130.50 SUPPORT : - 128.70, 127.00 STRATEGY : - SELL ON HIGHS
  • 6. www.TheEquicom.com +919200009266 ZINC (31 OCT.) ALUMINUM (31 OCT.) NICKEL (31 OCT.) OUTLOOK: TREND : - CONSOLIDATE RESISTANCE : - 117.05, 118.00 SUPPORT : - 115.40, 114.40 STRATEGY : - SELL ON HIGHS OUTLOOK: TREND : - CONSOLIDATE RESISTANCE : - 114.80, 115.60 SUPPORT : - 113.00, 112.00 STRATEGY : - SELL ON HIGHS OUTLOOK: TREND : - CONSOLIDATE RESISTANCE : - 870.00, 890.00 SUPPORT : - 850.00, 835.00 STRATEGY : - SELL ON HIGHS
  • 7. www.TheEquicom.com +919200009266 GOLD 1316.51 SILVER 22.210 COPPER 03.267 CRUDE OIL 103.48 NATURAL GAS 03.717 PALLADIUM 707.50 PLATINUM 1396.50 USDINR 61.9400 EURUSD 01.3570 USDJPY 97.1700 USDCHF 00.9055 GBPUSD 01.6067 USDCAD 01.0372
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