Sunday 12 August 2012

Daily Report for 13th Aug 2012


Commodities Market Summary
Oil and gold advanced while the euro strengthened after Japan’s gross domestic product expanded less than estimated, adding to speculation that global central banks will need to do more to support growth. Corn retreated from a record struck last week. Oil rose 0.8 percent in New York to $93.58 a barrel as of 12:49 p.m. in Tokyo, pushing the S&P GSCI Index of 24 commodities up by 0.4 percent. Immediate-delivery gold gained 0.3 percent to $1,624.40 an ounce. The euro climbed against most of its major peers and was up 0.2 percent to 96.33 yen. Corn fell 0.4 percent in Chicago after touching a record last week. Standard & Poor’s 500 index futures slipped 0.3 percent.
             Levels for the Day
Name
RES2
RES1
       S/R
      SUP1
      SUP2
RECOMMENDATION
ALUMINIUM (31AUG12)
104.9
104.0
103.3
102.4
101.7

COPPER
(31AUG12)
419.9
417.3
415.0
412.4
410.1

CRUDEOIL (20AUG12)
5207
5155
5123
5071
5039

GOLD
(04SEP12)
30185
30119
30012
29946
29839

SILVER
(05SEP12)
54128
53814
53420
53106
52712

LEAD
(31AUG12)
106.3
105.5
105.1
104.4
104.1

NATURALGAS (28AUG12)
173
163.7
158.8
149.5
144.6

NICKEL
(31AUG12)
870.5
862.4
857.3
849.2
844.1
Buy NICKEL above 855 SL 849 TGT 864/872
ZINC
(31AUG12)
103
102.4
102
101.4
101.1



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