epicresearch

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    EPICRESEARCH COMMODITY UPDATE: LEAD

    Prices cleared major obstacle of 125.20 with streaming volume in yesterday’s trading session. This brighten the open sky for the prices to trade higher towards 127.5 followed by 128.20 levels in the immediate run. Conversely, if prices tears the technical base of 125.70 could see profit booking...
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    EPICRESEARCH COMMODITY UPDATE: ZINC

    Prices gradually retarding its bullish momentum and may see profit booking till 113 levels before resuming the rally towards 114 followed by 114.4/115.50 levels. On the other side, any trade below 112.5 could see mild profit booking towards 111.80/111.30 levels.
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    EPICRESEARCH COMMODITY UPDATE: CRUDEOIL

    The ensuing buying momentum is likely to continue as long as prices stay afloat 4850 region towards 4905/4925 for the day. On the flipside, below 4850 could open room for liquidation to 4825/4795 region.
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    EPICRESEARCH COMMODITY UPDATE: NATURAL GAS

    Prices have been consolidating with a mild positive bias, which is likely to continue with an immediate objective of 187/191. On the contrary, surprise fall below 182 region could snatch down prices towards 179-178 region. Major sell off could be seen only below 178.
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    EPICRESEARCH COMMODITY UPDATE: COPPER

    Expected trading range for the day is 451-444 levels. Either side break out would suggest fresh directional moves later.
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    EPICRESEARCH COMMODITY UPDATE: NICKEL

    A choppy trading session inside 972-960 is expected. Any of the side breakout would be required to suggest fresh directional moves.
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    EPICRESEARCH COMMODITY UPDATE: LEAD

    As prices held the support of 123.30, major upside may be seen towards 124.50 initially and later towards 124.90-125.10 levels. Moreover, consistent trades above 125.10 could keep the prices on an upward trajectory targeting 126.20/127 levels. However, any trades below 123 could see liquidating...
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    EPICRESEARCH COMMODITY UPDATE: ZINC

    After yesterday’s profit en-cashing, prices rebounded from the technical base of 111.50 levels. Prices are now hovering above 112, but the upside moves are further restricted by falling trend line resistance placed at 112.50 region. Any trades above the same could see short covering rallies...
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    EPICRESEARCH COMMODITY UPDATE: CRUDEOIL

    Prices held Fibonacci support at 4652, which seems invincible so far. The ensuing buying momentum is likely to extend towards 4705 region for a turn lower. Above this region with stiff volumes could see target price objective of 4725-45/4770. On the flipside, splinter past 4652 region could open...
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    EPICRESEARCH COMMODITY UPDATE: NATURAL GAS

    Prices are failing to keep afloat 190 region on a consistent basis and previous session candle is clearly vindicating continuation of sell- offs to 184 for a potential turn higher to 190, below 184 see prices falling to 182/180. Above 190 with staggering volumes could target price objective of...
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    EPICRESEARCH COMMODITY UPDATE: GOLD

    Prices have broken major support at 30950, and seem heading towards 30830/30750 followed by 30580 regions for the day. Now, prices have to clear 30950 with burly volumes to witness any significant short covering towards 31050-31120/31180.
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    EPICRESEARCH COMMODITY UPDATE: SILVER

    With prices staying below 62200, expect liquidation towards 61900/61500 followed by major support at 61100. Prices have to inflict strong trades above 62200 to witness any reversal in trend in favor of 62600-800 regions.
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    EPICRESEARCH COMMODITY UPDATE: COPPER

    As long as 447.80 region caps upside, expect prices to continue the selling pressure towards 442-441 levels for the day. Below 441 could open doors for liquidation towards 439/437. For the continuation of the buying momentum, prices have to give way for dreaded level of 447.80 towards 450, which...
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    EPICRESEARCH COMMODITY UPDATE: NICKEL

    As long as prices stay below 962, expect to witness correction initially towards 952/947-942. Above 962, could open floodgate in favor of bulls towards 968/974 and even 982.
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    EPICRESEARCH COMMODITY UPDATE: LEAD

    Prices continues to push lower, and currently attempting to break the support of 120.80 for the following sell offs towards 120 and then 119.30 levels. However, unable to breach below the same could see a renewed demand and may take prices towards 121.70/122.20 or even higher towards 123 levels...
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    EPICRESEARCH COMMODITY UPDATE: ZINC

    Prices cleared the internal trend line support of 110 levels yesterday. For the day, a break below 109.30 could see further sell offs towards 108.50 followed by 108 levels. On the higher side, unable to do so could see pullback rally towards 111 levels for the day. Major upside rally is seen...
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    EPICRESEARCH COMMODITY UPDATE: CRUDEOIL

    Prices have to trade and remain above 4780 region to witness buying momentum to 4810-4825/ 4845. On the flipside, break of 4780 with strong volumes could see sell-off towards 4755/4725.
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    EPICRESEARCH COMMODITY UPDATE: NATURAL GAS

    Prices inflicted a tremendous short covering rally holding support at 192 regions. For the day however, in ability to break above 202.50 could witness correction towards 199.50/197-195. Above 202.50, target price objectives are 205/207.
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