Comex report-weekly13-may-2013
-
Upload
epic-daily-report -
Category
Documents
-
view
73 -
download
0
Transcript of Comex report-weekly13-may-2013
COMEX Weekly Newsletter (13 May 2013 to 18 May 2013)
1 | P a g e WWW.EPICRESEARCH.CO
CALL: +919752199966
COMEX COMMODITY WEEKLY REPORT……!!!!
13th-May-2013 TO 18th-May-2013
COMEX Weekly Newsletter (13 May 2013 to 18 May 2013)
2 | P a g e WWW.EPICRESEARCH.CO
CALL: +919752199966
WEEK’S IMPORTANT ECONOMIC DATA RELEASES
COMEX Weekly Newsletter (13 May 2013 to 18 May 2013)
3 | P a g e WWW.EPICRESEARCH.CO
CALL: +919752199966
COMEX BULLIONS TECHNICAL LEVELS
GOLD COMEX WEEKLY CHART & LEVELS WEEKLY CANDLESTICK CHART
JUSTIFICATION
SUPPORT: Immediate Support @1440$ and Major Supports @1400$- 1335$ RESISTANCE: Immediate Resistance @1490$ and Major Resistance @1530$ Trading Strategy: GOLD COMEX is trading in short Term up trend and at each Correction buying is seen in GOLD COMEX. Also weekly closes above Support levels @1440$ and Hence initiate a Long Position in GOLD COMEX for Target @1490$. If Sustains below 1440$ can Head towards 1400$ levels. Trading in Range between 1490$- 1440$. Refer to the above Chart.
COMEX Weekly Newsletter (13 May 2013 to 18 May 2013)
4 | P a g e WWW.EPICRESEARCH.CO
CALL: +919752199966
COMEX BULLIONS TECHNICAL LEVELS
SILVER COMEX WEEKLY CHART & LEVELS WEEKLY CANDLESTICK CHART
JUSTIFICATION
SUPPORT: Immediate Support @23.40$ and Major Support @22$ RESISTANCE: Immediate Resistance @24.25$ and Major Resistance @25$ – 26$ Trading Strategy: SILVER COMEX is consolidating between classical technical pattern and immediate Support @23.40 and immediate Resistance @24.25 any Breakout out of pattern would take Silver to the next Support or Resistance Level. Hence wait for Breakout to initiate any fresh position. Refer to the above Chart.
COMEX Weekly Newsletter (13 May 2013 to 18 May 2013)
5 | P a g e WWW.EPICRESEARCH.CO
CALL: +919752199966
COMEX ENERGY TECHNICAL LEVELS
CRUDEOIL COMEX WEEKLY CHATS & LEVELS WEEKLY CANDLESTICK CHART
JUSTIFICATION
SUPPORT: Immediate Support @93.20$ and Major Support @86.45$ RESISTANCE: Immediate Resistance @96.90$ and Major Resistance @98.40$ & 104.30$ Trading Strategy: CRUDEOIL COMEX is facing immediate Resistance @96.90$ and has corrected after touching resistance level. Hence till breakout on can initiate Short position with small Stop loss. If trades above 97$ initiate long position for Target 104$. Refer to the above Chart.
COMEX Weekly Newsletter (13 May 2013 to 18 May 2013)
6 | P a g e WWW.EPICRESEARCH.CO
CALL: +919752199966
COMEX ENERGY TECHNICAL LEVELS
NATURAL GAS COMEX WEEKLY CHATS & LEVELS WEEKLY CANDLESTICK CHART
JUSTIFICATION
SUPPORT: Immediate Support @3.855$ and Major Supports @3.630$ & @3.455$ RESISTANCE: Immediate Resistance @4.002 and Major Resistance @4.425$ Trading Strategy: NATURAL GAS COMEX is facing correction after a long bull run and Hence Selling opportunity lies around 4.00$ for Target 3.455$. And if Sustains around support levels @3.455 can face a sharp pull back towards higher levels. Hence sell from current levels and buy around 3.455$. Refer to the above Chart.
COMEX Weekly Newsletter (13 May 2013 to 18 May 2013)
7 | P a g e WWW.EPICRESEARCH.CO
CALL: +919752199966
COMEX METALS TECHNICAL LEVELS
NICKEL COMEX WEEKLY CHATS & LEVELS WEEKLY CANDLESTICK CHART
JUSTIFICATION
SUPPORT: Immediate Support @15090$ and Major Support @14570$ RESISTANCE: Immediate Resistance @15650$ & @15770$ Trading Strategy: NICKEL COMEX may face stiff Resistance Around 15650- 15770$ and may face selling Pressure. Hence Sell on rise around 15650- 15770$ for TGT 14570$ with Small Stop loss of 16000$. Refer to the above Chart.
COMEX Weekly Newsletter (13 May 2013 to 18 May 2013)
8 | P a g e WWW.EPICRESEARCH.CO
CALL: +919752199966
COMEX METALS TECHNICAL LEVELS
COPPER COMEX WEEKLY CHART & LEVELS WEEKLY CANDLESTICK CHART
JUSTIFICATION
SUPPORT: Immediate Support @3.26$ and Major Support @3.055$ RESISTANCE: Immediate Resistance @3.5700$ and Major Resistance @3.7800$ Trading Strategy: COPPER COMEX has bounced back from strong support Levels @3.055$ and in coming week may head towards higher levels @3.5700$. Hence buy at current Levels and on any dips around 3.26$ for target @3.5700$ SL 3.1500$ Refer to the above Chart.
COMEX Weekly Newsletter (13 May 2013 to 18 May 2013)
9 | P a g e WWW.EPICRESEARCH.CO
CALL: +919752199966
COMEX BASE METALS TECHNICAL LEVELS
LEAD COMEX WEEKLY CHATS & LEVELS WEEKLY CANDLESTICK CHART
JUSTIFICATION
Trading Strategy:
LEAD COMEX is trading Near to strong support levels and Selling should not be done at these levels till it holds support levels. Hence buying opportunity lies around current levels. Refer to the above Chart.
COMEX Weekly Newsletter (13 May 2013 to 18 May 2013)
10 | P a g e WWW.EPICRESEARCH.CO
CALL: +919752199966
COMEX BASE METALS TECHNICAL LEVELS
ALUMINIUM COMEX WEEKLY CHATS & LEVELS WEEKLY CANDLESTICK CHART
JUSTIFICATION
Trading Strategy:
ALUMINIUM COMEX is also trading near to strong support levels and selling should be avoided till it holds support levels @1815$. Aluminum may bounce back from current levels. Whole base metal pack is trading near to strong support levels and hence this week would decide the trend of base metals. Refer to the above Chart.
COMEX Weekly Newsletter (13 May 2013 to 18 May 2013)
11 | P a g e WWW.EPICRESEARCH.CO
CALL: +919752199966
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. 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.
COMEX Weekly Newsletter (13 May 2013 to 18 May 2013)
12 | P a g e WWW.EPICRESEARCH.CO
CALL: +919752199966
CONTACT US:
Epic Research Private Limited Corporate Office
411 Milinda Manor (Suites 409 - 417)
2 RNT Marg Opp Central Mall
Indore (M.P.)
Hotline: +91 731 664 2300 / 2427 / 2230
Alternate: +91 731 664 2320 / 2226
+91 97521 99966
Or give us a missed call at 026 5309 0639