Weekly commodity market report 12 may 2014 by epic research

WEEKLY COMMODITY REPORT 12-MAY TO 17-MAY-2014

WEEKLY COMMODITY REPORT 12-MAY TO 17-MAY-2014

BULLIONS WEEKLY TECHNICAL LEVELS

GOLD(JUN) MCX 4 HOURLY CHART TRADING STRATEGY: I

1 2

BUY GOLD JUN ABOVE 28650 TGTS 28800,29000 SL 28400 SELL GOLD JUN BELOW 28400 TGTS 28250,28050 SL 28650

WEEKLY PIVOTAL S1

28305

S2

28085

CLOSE

28525

R1

28892

R2

29259

WEEKLY COMMODITY REPORT 12-MAY TO 17-MAY-2014

BULLIONS WEEKLY TECHNICAL LEVELS

SILVER (JUL) MCX 4 HOURLY CHART TRADING STRATEGY:

1 2

BUY SILVER JUL ABOVE 42000 TGTS 42400,43000 SL 41400 SELL SILVER JUL BELOW 41150 TGTS 40650,40150 SL 41750

WEEKLY PIVOTAL S1

40866

S2

40278

CLOSE

41453

R1

42493

R2

43532

WEEKLY COMMODITY REPORT 12-MAY TO 17-MAY-2014

ENERGY WEEKLY TECHNICAL LEVELS

CRUDE OIL (MAY) MCX 4 HOURLY CHART TRADING STRATEGY:

1 2

BUY CRUDEOIL APR ABOVE 6080 TGTS 6150,6250 SL 5980 SELL CRUDEOIL APR BELOW 5950 TGTS 5880,5780 SL 6050

WEEKLY PIVOTAL S1

5949

S2

5905

CLOSE

5993

R1

6053

R2

6113

WEEKLY COMMODITY REPORT 12-MAY TO 17-MAY-2014

ENERGY WEEKLY TECHNICAL LEVELS

NATURAL GAS (MAY) MCX 4 HOURLY CHART TRADING STRATEGY:

1 2

BUY NATURALGAS MAY ABOVE 281 TGTS 287,297 SL 271 SELL NATURALGAS MAY BELOW 270 TGTS 264,254 SL 280

WEEKLY PIVOTAL S1

263

S2

256

CLOSE

270.3

R1

284

R2

297

WEEKLY COMMODITY REPORT 12-MAY TO 17-MAY-2014

BASE METALS WEEKLY TECHNICAL LEVELS

COPPER (JUN) MCX 4 HOURLY CHART TRADING STRATEGY:

1. BUY COPPER JUN ABOVE 414 TGTS 420,430 SL 404 2. SELL COPPER JUN BELOW 404 TGTS 398,388 SL 414

WEEKLY PIVOTAL S1

407

S2

401

CLOSE

411.7

R1

415

R2

418

WEEKLY COMMODITY REPORT 12-MAY TO 17-MAY-2014

BASE METALS WEEKLY TECHNICAL LEVELS

LEAD (MAY) MCX 4 HOURLY CHART TRADING STRATEGY:

1. BUY LEAD MAY ABOVE 127.50 TGTS 129,131 SL 125.90 2. SELL LEAD MAY BELOW 124 TGTS 122.50,120.50 SL 126.20

WEEKLY PIVOTAL S1

123

S2

122

CLOSE

124.5

R1

126

R2

128

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