Beruflich Dokumente
Kultur Dokumente
ENERGY COMPLEX
BASEMETAL COMPLEX
LOW
21438
CLOSE
21571
% CNG
0.37
VOLUME
X GOLD F
29087
OI
10659
RE CNG
80
INTRADAY LEVELS
Gold ended positive as euro zone sovereign debt concerns worries over inflation and expectations
MCX
U.S. monetary policy will stay accommodative all conspired to lift the precious metal. While in the PP
P.P. 21534
short run gold is sensitive to any move lower in the euro, in the longer term these fears are set to
support the precious metal. The bullion market has found support one day from economic
SUP 1 RES 1
uncertainty and changes in risk sentiment, and on another day by high oil and food prices, and on 21475 21629
yet another by sovereign risk and fiscal concerns. Holdings in the SPDR Gold Trust, the world's SUP 2 RES 2
largest gold-backed exchange-traded fund, jumped 1.5 percent to 1,231.159 tonnes by April 15, 21380 21688
from 1,212.964 tonnes on April 13. Now support for the gold MCX is seen at 21475 and below could
SUP 3 RES 3
see a test of 21380. Resistance is now likely to be seen at 21629, a move above could see prices
testing 21688. 21321 21783
OPEN
61750
TURE
HIGH
62840
LOW
61684
LVER FUT
CLOSE
62390
% CNG
1.42
VOLUME
118260
OI
13682
MCX SIL
RE CNG
886
INTRADAY LEVELS
Silver rose to record high on concerns about rising inflation globally, and as a lingering Euro zone
sovereign debt crisis continued to boost safe-haven demand. Chinese inflation gauges rose strongly P.P. 62305
again and the overall U.S. producer and consumer inflation readings rose, but remained sub-1%. SUP 1 RES 1
Holdings in the world's largest silver-backed exchange-traded fund, iShares Silver Trust, rose by
61769 62925
69.81 tonnes, or 0.64 percent, from the previous session to 11,044.07 tonnes by April 15. Now
technically market is in overbot as RSI for 18days is currently indicating 80.26,
80 26 where as 50DMA is SUP 2 RES 2
at 54359.78 and silver is trading above the same and getting support at 61769 and below could see 61149 63461
a test of 61149 level, And resistance is now likely to be seen at 62925, a move above could see SUP 3 RES 3
prices testing 63461.
60613 64081
4878
LOW
4766
CLOSE
4852
% CNG
0.97
VOLUME
114992
OI
9884
RE CNG
47
INTRADAY LEVELS
Crude last week jumped as comments by Saudi Arabia confirming a cut in crude production to
MCX
OPEN
422.5
TURE
HIGH
423
LOW
416
PPER FUT
CLOSE
417
% CNG
-1.16
VOLUME
95072
OI
28590
MCX COP
RE CNG
-4.85
INTRADAY LEVELS
Copper yesterday traded with the negative node and settled -1.16% down at 417 posting its biggest
weekly loss since mid-March, as mounting inflationary pressure in China cast a shadow over the P.P. 418.7
near-term demand outlook. Copper again shunned rallies in the precious metals complex, with gold
and silver surging to record and 31-year highs, respectively, as investors bought both metals as a
SUP 1 RES 1
hedge against global inflation worries and rising oil prices. Chinese consumer price inflation sped to 414.3 421.3
5.4 p
percent in the yyear to March,, the fastest since Julyy 2008 and topping
pp g market forecasts of 5.2 SUP 2 RES 2
percent. Gross domestic product in China, the world's top copper buyer, eased a touch. China 411.7 425.7
accounts for about 40 percent of copper demand. In yesterday's trading session copper has touched
SUP 3 RES 3
the low of 416 after opening at 422.5, and finally settled at 417. For today's session market is
looking to take support at 414.3, a break below could see a test of 411.7 and where as resistance is 407.3 428.3
LOW
105.65
CLOSE
105.9
% CNG
-1.09
VOLUME
CX ZINC F
19962
OI
8618
RE CNG
-1.15
INTRADAY LEVELS
Zinc yesterday we have seen that market has moved -1.09% as investors were worrying
about that China will take additional tightening monetary policies because of high inflation,
inflation PP
P.P. 106
106.4
4
MC
which will cut consumer demand. Global refined zinc production will exceed demand by SUP 1 RES 1
almost 200,000 tonnes this year, the fifth year running of over-supply, the Lisbon-based
105.2 107.1
International Lead and Zinc Study Group (ILZSG) said. Market has opened at 107.35 & made
a low of 105.65 versus the day high of 107.6. The total volume for the day was at 19962 lots SUP 2 RES 2
and the open interest was at 8618.Now support for the zinc is seen at 105.2 and below could 104.4 108.3
see a test of 104.4. Resistance is now likely to be seen at 107.1, a move above could see SUP 3 RES 3
prices testing 108.3. 103.2 109.1
OPEN
1165
TURE
HIGH
1178
LOW
1154
CKEL FUT
CLOSE
1164.9
% CNG
0.27
VOLUME
43187
OI
9727
MCX NIC
RE CNG
3.2
INTRADAY LEVELS
Nickel prices moved below all day moving averages, with great resistance above. Weighed by P.P. 1166
China's further tightening measures, LME nickel prices are expected to continue struggling. The SUP 1 RES 1
International Nickel Study Group (INSG) said it expects the global nickel market to record a 60,000-
1153 1177
tonne surplus this year, compared with a deficit of 30,000 tonnes in 2010.Nickel has touched a low
of Rs 1154 a kg after opening at Rs.1165,
Rs 1165 and last traded at Rs 1164.9.For
1164 9 For today market is looking SUP 2 RES 2
for the support at 1153.3, a break below could see a test of 1141.6 and where as resistance is now 1142 1190
likely to be seen at 1177.3, a move above could see prices testing 1189.6. SUP 3 RES 3
1129 1201
118.8
LOW
117.05
CLOSE
118.15
% CNG
0.85
VOLUME
4931
OI
1935
RE CNG
1
INTRADAY LEVELS
MCX A
Aluminium
Al i i prices
i gained
i d supported d b
by hi
higher
h energy prices,
i with
i h prices
i returning
i to above
b 5
5-day
d PP
P.P. 118
118.0
0
and 10-day moving averages. Aluminium stocks held at three major Japanese ports came to SUP 1 RES 1
201,200 tonnes at the end of March, down 6,900 tonnes or 3.3 percent from a month earlier,
117.2 119.0
trading house Marubeni Corp said. Aluminium has touched a low of Rs 117.05 a kg after opening at
Rs 117.55, and last traded at Rs118.15.For today market is looking for the support at 117.2, a SUP 2 RES 2
break below could see a test of 116.3 and where as resistance is now likely to be seen at 119, a 116.3 119.8
move above could see prices testing 119.8. SUP 3 RES 3
115.5 120.7
OPEN
UTURE
188.3
HIGH
188.7
LOW
186
T.GAS FU
CLOSE
187.5
% CNG
-0.8
VOLUME
20683
OI
11091
RE CNG
MCX NAT
-1.5
INTRADAY LEVELS
Natural Gas yesterday we have seen that market has moved -0.8% as forecasts showed warmer-
than-normal weather in the last week of April, reducing demand for the heating fuel. About 52 P.P. 187.4
percent of U.S. households use natural gas for heating, according to the Energy Department. The
stockpile increase matched the five-year average gain for the week, leaving the storage surplus
SUP 1 RES 1
unchanged from the previous week at 0.6 percent. A deficit to year-earlier supplies widened to 7.9 186.1 188.8
M
ended at 56, we have seen yesterday that the crude ended at 7.15, we have seen yesterday that the copper
market had traded with a positive node and settled market had traded with a negative node and settled -
0.97% up. Spread yesterday traded in the range of 52 - 1.16% down. Spread yesterday traded in the range of
58. 6.6 - 7.15.
Spread between zinc APR & MAY contracts yesterday Spread between nickel APR & MAY contracts yesterday
ended at 1.4, we have seen yesterday that the zinc ended at 9.80, we have seen yesterday that the nickel
market had traded with a negative node and settled - market had traded with a positive node and settled
1.09% down. Spread yesterday traded in the range of 1 - 0.27% up. Spread yesterday traded in the range of 9.70 -
1.45. 11.
S
Spread between natural gas APR & MAY contracts Spread between menthol oil APR & MAY contracts
yesterday ended at 4.50, we have seen yesterday that yesterday ended at -46.20, we have seen yesterday that
the natural gas market had traded with a negative node the menthol oil market had traded with a positive node
and settled -0.8% down. Spread yesterday traded in the and settled 0.55% up. Spread yesterday traded in the
range of 4.3 - 4.5. range of -47 to -42.9.
0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0
0 0 0 0
International wheat companies Cargill, Louis Dreyfus, Olam India and Glencore (Agri Core) have started procuring
wheat from Gujarat and Rajasthan mandis. A bumper production and an increase in supplies have pushed prices
down by 10% in the past fortnight to 1,025 a quintal in the Rajkot mandi. Across Uttar Pradesh, Madhya Pradesh,
Punjab and Haryana supplies are yet to pick up pace.pace Kirit Parekh,
Parekh the owner of Rajkotbased trading company RK
Industries, said, "Prices have fallen from 235 for 20 kg to 205 for 20 kg in the past fortnight. Major players such as
Cargill, Louis Dreyfus and Olam are procuring thanks to a bumper crop this year compared to the previous year."
Although prices should drop due to selling pressure, he said that FCI procurement at 224 for 20 kg could arrest a
further decline. With production expected to touch 3.5 million tonne from 2.2 million tonne in the previous year,
major trading, food processing and milling houses are zeroing in on Gujarat which offers other incentives. ITC's agri
business division has been procuring the Lok 1 variety for 1,100 per quintal and the 4037 variety at 1,100 to 1,200 a
quintal, said Rakesh Khandelwal, a Kota-based trader. The ITC food division, however, has yet to start procurement
SE
for its Ashirwad atta brand and biscuits. Other major local processing companies such as Shakti Bhog , Parle and
Britannia have entered or pplanningg to step
p into the market in the next one week when Uttar Pradesh begins
g supplies.
pp
U CAN US
ITC's agri business division has been procuring the Lok 1 variety for 1,100 per quintal and the 4037 variety at 1,100
to 1,200 a quintal, said Rakesh Khandelwal, a Kota-based trader. The ITC food division, however, has yet to start
Global experts meeting this week are likely to forecast a near-normal monsoon for India, providing international
commodities market the first hints of demand and supply in 2011-12 from one of the world’s top producers and
consumers of key farm goods. Failure of monsoons can force India into the international markets as a buyer,
pushing up global prices of basic foodstuffs, while favourable rainfall can boost its exports, helping governments
throughout Asia to battle food inflation. Agriculture accounts for a 14.6 per cent of India’s GDP and the outcome of
EWS YOU
the
h annuall JJune-September
S b southwest
h monsoons iimpacts the
h nation’s
i ’ economy, whichhi h iis struggling
li with
i h hi
high
h ffood
d
inflation and a massive subsidy bill for fuel, grains and fertilisers. A normal monsoon means the country receives
rainfall between 96-104 per cent of a 50-year average of 89 centimetres during the four-month rainy season,
according to the India’s weather office classification. Monsoon also impact demand for gold in India, the world’s top
consumer of the metal, as purchases get a boost when farming incomes rise amid high crop output. Rural areas
account for about 70 per cent of India’s annual gold consumption. India witnessed normal rains last year and the
April 13-15 meeting of weather officials in the southwestern city of Pune is likely to forecast a near-normal monsoon
this year based on various forecasting models, Indian officials said.
NE
Inflation in Eurozone accelerated more than previously estimated in March, driven by surging transport and housing
costs, latest figures from Eurostat showed Friday. It is the fourth month in a row that inflation has been above the
European Central Bank's target. Inflation was at 2.7 percent in March, higher than the 2.6 percent estimated in the
flash report and the fastest since October 2008. In February, the rate was 2.4 percent. ECB has an inflation target of
'below but close to 2 percent'. Economists believe that the latest spike in inflation levels may prompt the central
bank to hike its key policy rate further before long after lifting the rate by a quarter point to 1.25
1 25 percent in the April
meeting. That was the first rate hike since July 2008.
Disclaimer
The report and calls made herein are for general information purpose and report contains only the viewpoints. We make no
representation or warranty regarding the correctness, accuracy or completeness of any information, and are not responsible for
errors of any kind even though we have taken utmost care in obtaining the information from sources which are believed to be
reliable, which are publicly available. The information contained herein is strictly confidential and is meant for the intended
recipients. Any alteration, transmission, photocopied distribution in part or in whole or reproduction of any form of the
information without prior consent of SHARETIPSEXPERT GROUP is prohibited. The information and data are derived from the
source that are deemed & believed to be reliable and the calls are based on the theory of Technical Analysis. Neither the
company nor itsit employees
l are responsible
ibl ffor the
th ttrading
di P
Profit(es)
fit( ) & loss(es)
l ( ) arising
i i due
d tto th
the ttrader.
d Th
The commodities
diti andd
derivatives discussed and opinions expressed in this report may not be suitable for all investors falling under different categories
and jurisdictions. All futures trading entail significant risk, which should be fully understood prior to trading.