Daily Commodity Report by www.epicresearch.co -- 27th February 2013

Epic Research is a leading financial services provider with presence in Indian and other global capital markets. Provides Stock Tips, Forex Tips, Commodity Tips, MCX Tips ,mcx gold tips

indore, India (prHWY.com) February 27, 2013 - HEADLINE

Gold up for a 4th day on Bernanke,s stumulus remarks
Gold rose for a fourth straight session on and was on track for its biggest one-day gain in nearly 4 months as U.S. bond-buying stimulus boosted bu-hedge appeal. The metal climbed 1.3 percent and broke above $1,600 an ounce for the first time in a week, after Bernanke said Fed policymakers are cognizant of potential risks from loose monetary policy, but the risks did not seem material now.

Copper recovers from Italy vote on Bernanke, U.S data
Copper edged up on as upbeat U.S. housing and consumer confidence data offset worries about a deadlocked Italian vote, and as investors were relieved to hear the Federal Reserve defend its ultra-loose monetary policy. Benchmark three-month copper on the London Metal Exchange (LME) ended up 0.30 percent at $7,858.50 a tonne, bringing losses for the year to just under 1 percent. The metal earlier hit a two-month low of $7,785 a tonne. Federal Reserve Chairman Ben Bernanke's congressional testimony earlier strongly defended the U.S. central bank's bond-buying stimulus, and also urged lawmakers to avoid sharp spending cuts set.

TRADING TIP:
Sell Zinc Feb
* Below 113.50
* TGTS-112.70/111
* SL-114.10

Buy Copper Feb
* Above 425
* TGTS 429/434
* SL- 421.50

ANALYSIS
DAILY MCX GOLD CHART
OPEN: 29667
HIGH: 30139
LOW: 29616
CLOSE: 30092

* GOLD LOOKS DOWNWARD
* TREND: BEARISH
* STRATEGY: SELL ON RISE
DAILY MCX SILVER CHART
OPEN: 54002
HIGH: 54739
LOW: 53401
CLOSE: 54582

* SILVER LOOKS DOWNWARD
* TREND: BEARISH
* STRATEGY: SELL ON RISE

Option tips
Business analyst jobs
Mcx tips
Intraday tips
Intraday trading tips

Epic Research is a leading financial services provider with presence in Indian and other global capital markets. Provides Stock Tips, Forex Tips, Commodity Tips, MCX Tips, Equity Tips, Tips, Intraday Tips, Stock Futures Tips, NSE Tips, BSE Tips, COMEX Tips, NCDEX Tips. Share Tips We provide services in equity, commodity and Forex market.

GET FREE TRIAL +91 731 6642300
Or mail us here: info@epicresearch.co Or visit our site that is http://www.epicresearch.co/
or
http://www.epicresearch.co/images/past_performance/DAILY-COMMODITY-REPORT.pdf###

Tag Words: mcx gold tips, business analyst jobs, commodity tips, mcx tips, forex tips, share tips

Categories: Business

Press Release Contact
411 Milinda Manor (Suites 409 - 417)
2 RNT Marg Opp Central Mall
Indore (M.P.)

Link To This Press Release:

URL HTML Code