Issuu on Google+

DAILY MCX NEWSLETTER OCT.. -2013 08-OCT

THE EQUICOM PROFIT UPDATE: PLEASE CLOSE YOUR POSITION IN COPPER, OUR SL TRIGGERED www.TheEquicom.com 09200009266

www.TheEquicom.com +919200009266


ENERGY

BASE METAL

BULLION Gold and Silver: Physical reality in an

India copper futures was seen trading

US crude oil continued its southward journey

increasingly alternative universe

bearish pressured by weak India HSBC

on Friday amid persisting concerns that partial

The main sentiment barometer remains

Services Purchasing Managers' Index (PMI).

shutdown of the US government may cut

equities, despite the fact that the mainstream

The HSBC Services PMI declined to 44.6 in

economic activities in the country there by

investor is largely not participating. That could

September from 47.6 recorded in August and

reducing the demand for crude oil.

change as portfolio managers begin making

the latest figure shows the fastest

A three to four week shutdown of the

the rounds using charts showing all time highs,

contraction in services since March 2009.

government would reduce the economic growth

and the rally that was missed by the baby

The Indian services companies witnessed a

in the country by 1.4 percentage points in the

boomer who vowed never to return after the

fastest contraction in four year.

fourth quarter, says Mark Zandi of Moody’s

dot-com bubble burst.

Technically, the trend in copper futures for

Analytics. Earlier, Moody's had estimated 3%

November delivery on India's Multi

expansion in the fourth quarter without

Commodity Exchange (MCX) looks sideways

closure.

to bearish for the day and intra-day traders are advised to take sell position.

www.TheEquicom.com +919200009266


BULLION GOLD (5 DEC.)

OUTLOOK: TREND RESISTANCE SUPPORT STRATEGY

: -CONSOLIDATE : - 29890, 30160 : - 29200, 28900 : - SELL ON HIGHS

SILVER (5 DEC.) OUTLOOK: TREND RESISTANCE SUPPORT STRATEGY

www.TheEquicom.com +919200009266

: - CONSOLIDATE : - 49800, 50100 : - 49350, 48730 : - SELL ON HIGHS


ENERGY CRUDEOIL (21 OCT.)

OUTLOOK: TREND RESISTANCE SUPPORT STRATEGY

: - CONSOLIDATE : - 6430, 6500 : - 6340, 6290 : - SELL ON HIGHS

NATURAL GAS (28 OCT.)

OUTLOOK: TREND RESISTANCE SUPPORT STRATEGY

www.TheEquicom.com +919200009266

: - CONSOLIDATE : - 228.30, 230.60 : - 219.70, 215.70 : - SELL ON HIGHS


BASE METAL COPPER (29 NOV.)

OUTLOOK: TREND RESISTANCE SUPPORT STRATEGY

: - CONSOLIDATE : -458.00, 462.00 : - 447.50, 444.00 : - SELL ON HIGHS

LEAD (31 OCT.) OUTLOOK: TREND RESISTANCE SUPPORT STRATEGY

www.TheEquicom.com +919200009266

: - CONSOLIDATE : - 127.20, 128.30 : - 125.40, 124.50 : - SELL ON HIGHS


ZINC (31 OCT.) OUTLOOK: TREND RESISTANCE SUPPORT STRATEGY

: - CONSOLIDATE : - 115.30, 116.00 : - 114.20, 113.00 : - SELL ON HIGHS

ALUMINUM (31 OCT.) OUTLOOK: TREND RESISTANCE SUPPORT STRATEGY

: - CONSOLIDATE : - 113.50, 114.60 : - 112.10, 110.80 : - SELL ON HIGHS

NICKEL (31 OCT.) OUTLOOK: TREND RESISTANCE SUPPORT STRATEGY

www.TheEquicom.com +919200009266

: - CONSOLIDATE : - 870.00, 890.00 : - 850.00, 835.00 : - SELL ON HIGHS


GOLD SILVER COPPER CRUDE OIL NATURAL GAS PALLADIUM PLATINUM

1325.00 22.316 03.297 102.90 03.641 704.70 1402.50

www.TheEquicom.com +919200009266

USDINR EURUSD USDJPY USDCHF GBPUSD USDCAD

61.7800 01.3568 96.7800 00.9040 01.6083 01.0324


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.

www.TheEquicom.com +919200009266


Daily mcx newsletter 08 oct 2013