Daily Commodity Report by www.epicresearch.co 08th AUGUST 2013

1. Sell GOLD MCX Below 27700 TGT 27600/27500 SL 27800 2. Buy GOLD MCX Above 27950 TGT 28050/28150 SL 27850

ListFree.org (Press Release) - Thursday, August 8th, 2013

GOLD MCX HOURLY CHART & LEVELS
TRADING STRATEGY:
GOLD MCX is trading near to strong support levels in international markets. Hence Buy on dips till if
breaks 1290$ levels in intrenational markets. Immedaite Resistance @27950 and Support @27700
1. Sell GOLD MCX Below 27700 TGT 27600/27500 SL 27800
2. Buy GOLD MCX Above 27950 TGT 28050/28150 SL 27850

SILVER MCX HOURLY CHART 7 LEVELS
TRADING STRATEGY:
SILVER MCX is looking sideways and volatility is not there in silver. Its trading in a range and hence
avoid over trading till any majot breakout. Immediate Resistance @41850 and Support @41500
1. Buy SILVER MCX above 41850 TGT 42050/42300 SL 41550
2. Sell SILVER MCX below 41450 TGT 41250/41000 SL 41750

CRUDEOIL MCX HOURLY CHART & LEVELS

TRADING STRATEGY:
CRUDEOIL MCX has shown roundig bottom pattern. NYMEX CRUDEOIL has faced correction but due to
USDINR movements Correction is pending in CRUDEOIL MCX. Initiate any fresh position after USDINR
movements get stable.
Immediate Resistance @6605 And Support @6485
1. Buy CRUDEOIL MCX above 6620 TGT 6670/6750 SL 6570
2. Sell CRUDEOIL MCX below 6470 TGT 6400/6350 SL 6530

COPPER COMEX DAILY CANDLESTICK CHART
TRADING STRATEGY:
COPPER MCX is trading in up trend can face stiff resistance around 434 levels. RSI looks overbought and
some correction is expected but If sustians above 433 can head towards 440. Due to USDINR movemnts
COPPER is not trading according to international markets and Avoid trading till Currency movemets gets
Stable. Immediate Resistance @432 and Support @427
1. Sell COPPER MCX Below 425.50 TGT 422/419 SL 429
2. Buy COPPER MCX Above 432.50 TGT 436.50/440.50 SL 430.50

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