Commodity report by ways2capital 28 april 2014

WEEKLY COMMODITY REPORT

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NCDEX DAILY AND WEEKLY TECHNICAL LEVELS DALLY

R4

R3

R2

R1

PP

S1

S2

S3

S4

SYOREFIDR

744

736

728

724

720

717

713

705

697

SYBEANIDR

5124

4959

4794

4732

4629

4567

4464

4299

4134

RMSEED

3742

3675

3608

3582

3541

3515

3474

3407

3340

JEERAUNJHA

11515

11225

10935 10810 10645 10520

10355

10065

9775

DHANIYA

10391

10101

9811

9622

9521

9332

9231

8941

8659

CASTORSEED 4364

4445

4256

4188

4067

3999

3878

3689

3500

WEEKLY

R4

R3

R2

R1

PP

S1

S2

S3

S4

SYOREFIDR

766

750

734

727

718

711

701

685

669

SYBEANIDR

5537

5217

4897

4784

4577

4464

4257

3937

3677

RMSEED

3832

3725

3627

3591

3529

3493

3431

3333

3235

JEERAUNJHA

12705

11965

11255 10955 10485

10215

9745

9005

8265

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WEEKLY

R4

R3

R2

DHANIYA

11263

10633

4548

CASTORSEED 4801

R1

PP

S1

S2

S3

S4

10003 9606

9373

8976

8743

8013

7483

4295

4042

3955

3789

3536

3283

S3

S4

4208

MCX DAILY AND WEEKLY TECHNICAL LEVELS

DALLY

R4

R3

R2

R1

PP

S1

S2

ALUMINIUM

120.25

117.25

114.25 112.30 111.25 109.30 108.25 105.25 102.25

COPPER

443

435

426

422

418

414

409

401

393

CRUDE OIL

6597

6456

6315

6223

6174

6082

6033

5890

5751

GOLD

29499

29291

29083

28994

28875 28786

LEAD

136.80

134.60

132.40 131.00 130.25 128.80 128.00 125.80 123.60

NATURAL GAS 311

303

295

290

286

281

279

270

262

NICKEL

1163

1148

1132

1125

1117

1109

1101

1085

1070

SILVER

44153

43644

43135

42871

42626 42362

28667 28459

42117 41608

41099

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ZINC

131.80

129.50

127.20 125.70 124.90 123.40 122.60 120.30 118

WEEKLY

R4

R3

R2

R1

PP

S1

S2

S3

S4

ALUMINIUM

123

119

115

112

111

109

107

103

99

COPPER

466

449

432

425

415

408

398

381

364

CRUDE OIL

6785

6588

6391

6263

6194

6066

5997

5800

5603

GOLD

30766

30083

29400

29152

28717 28469

28034 27351

26668

LEAD

142

138

134

131

129

125

117

NATURAL GAS

127

121

320

309

298

291

287

280

276

265

254

NICKEL

1274

1219

1163

1140

1107

1085

1051

995

940

SILVER

45799

44669

43539

41279

40149

39019

137

133

129

120

116

112

ZINC

43058 42409 41928

126

125

122

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MCX ­ WEEKLY NEWS LETTERS A: Commencement of Futures Trading in Thirteen New Contracts­ Following thirteen new contracts has been available for futures trading with effect from Tuesday, April 22, 2014.

1 Aluminum August 2014

2 Aluminum Mini August 2014

3 Gold April 2015

4 Gold Guinea July 2014

5 Gold Petal July 2014 6 Gold Petal (New Delhi) July 2014

7 Lead August 2014

8 Lead Mini August 2014

9 Nickel August 2014

10 Nickel Mini August 2014

11 Silver Micro November 2014

12 Zinc August 2014

13 Zinc Mini August 2014

B: Commencement of Futures Trading in Crude Oil October 2014 Contract­ Crude Oil October 2014 contract will be available for futures trading with effect from Tuesday, April 22, 2014.

C: US ECONOMY­ US Unemployment claims moved to 329K vs 305K (Pre. 304K). India Rupee Stronged against US dollar and is currently trading at 60.61.

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D: Precious Metals­ Gold June on the (MCX) up at 28,790/10gms and silver moved up to `42,482/kg Gold prices moved higher on Thursday after rising tensions in Ukraine and Russia turned buying trend in gold.

E: Base Metals­ In New York, COMEX copper for April delivery moved up 1.77% for the day. Three month copper on the London Metal Exchange closed up by 1.10% at $6751.00 tonne. Copper prices moved up more than 1.5% on Thursday as sudden Demand from china. But on Friday on MCX Copper moved in downtrend in morning session due to supported by stronger rupee against USD. Other base metals can follow Copper trend.

F: Energy Crude Oil­ U.S. crude oil futures settled higher 0.49% at $101.94 per barrel. NYMEX Crude prices moved up by 0.49% on Thursday over tensions in Ukraine increases. But on friday on MCX Crude oil showed bearish sentiments due to over higher crude supply.

G: LME Inventory Data No

Script

01

Aluminium

02

Copper

03

Lead

04

Nickel

05

Zinc

L.M.E. +11875 ­1000 ­1500 +678 ­3100

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H: Next week following important data set to be release:­ USA Crude Oil Inventory Unemployment Claims Natural Gas Storage

NCDEX ­ WEEKLY NEWS LETTERS A: Due to maintenance activity being carried out at the Exchange, services like NCDEX website, WebNCFE, WebExtranet, WebNCCL and ComTrack portal will not be available between 9:00 AM to 6:00 PM on the Saturdays 3rd May 2014.

B: The Exchange is pleased to announce that, as per the Bye­ laws, Rules and Regulations of the Exchange and with the approval of the Forward Markets Commission, futures contracts in Guar Seed (Symbol: GUARSEED), Guar Seed (10 MT) (Symbol: GUARSEED10) and Guar Gum (Symbol: GUARGUM) expiring in the month of August 2014 would be available for trading from April 25, 2014 with existing contract specifications. Contracts for further expiries will be launched as per the enclosed contract launch calendar.

C: Higher Jeera arrivals put cap on prices stockists as well as farmers were releasing their stocks in the domestic market. At Unjha market in Mehsana. Jeera(Cumin Seed) Loose New started the day lower at Rs. 9725­9825 per quintal, lower by 1.26 per cent from previous trading session.

1. Current Rabi 2014­15 season in last year's 250 million tonnes of wheat procurement is likely to be less. Roller Flour Millers Federation of India at a function held here on Tuesday by the Food Secretary Sudhir Kumar said that wheat procurement target of 310 million tonnes is expected to be 28th

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low. Central pool at 178.34 lakh tonnes of wheat stocks in April, which is more than the prescribed buffer,According to initial estimates, a record production of wheat is estimated at 956 million tonnes in the 2012­13 crop was 935.1 million tonnes. According to FCI, yet only 75.75 lakh tonnes of wheat at MSP purchases only.

D: NCDEX Future Contract are trading with high volume: Soyabean

­

MAY. Contract

Refi. Soya

­

MAY Contract

Castorseed

­

MAY Contract

RM Seed

­

MAY Contract

Dhaniya

­

MAY Contract

Chana

­

MAY. Contract

Castorseed

­

MAY Contract

RM Seed

­

MAY Contract

Dhaniya

­

MAY Contract

Chana

­

MAY Contract

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This Document has been prepared by Ways2Capital (A Division of High Brow Market Research Investment Advisory Pvt Ltd). The information, analysis and estimates contained herein are based on Ways2Capital Equity/Commodities Research assessment and have been obtained from sources believed to be reliable. This document is meant for the use of the intended recipient only.

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