Kedia Daily Report

COMMODITIES FUTURES UPDATE AS ON 6TH APRIL 2009 GOLD

INTERNATIONAL UPDATE PARTICULARS

RATE 1.3571

0.76

RUPEE :

49.910

-0.3

SILVER$ : PLATINUM $ : CRUDE$ :

877.2

-1.88

12.490

-2.04

1137

-1.52

53.41

1.86

STOCKS UPDATE: NAME NASDAQ :

% 1316.16

1.69

SHICOM :

0

0

STRAITS :

1857.04

1.99

NIKKEI :

8897.36

1.69

DJ :

8017.59

0.5

842.5

0.97

15029.62

3.33

FTSE : HANSANG :

CRUDE

COPPER

CRUDE OVERALL LOOKING BULLISH THIS WEAK FOR TGT 56-58$

COPPER SOME PULL WILL BE GOOD TO BUY TGT 234 LVL FOR THIS WEEK

Æ

Ê

%

EURO : GOLD$ :

SILVER

TIME: -10.40 IST

GOLD BELOW 888$ LOOK TILL 862-840$ MOSTLY MARKET WILL RECOVER AFTER WEDNESDAY DATA. CRUDE LOOK STRONG TILL 5658$ ON MCX TILL 2780-2820 LEVEL BASEMETAL LOOKING BULLISH SOME DIP IS GOOD TO ADD LONG.

AS TOLD GOLD BELOW 900$ AND 888$ LOOK TILL 862840$ THIS WEEK ON MCX LOOK TILL 13800 LEVEL AND SILVER TILL 20000 LEVEL

ÐÆ NICKEL

PEPPER

MENTHOL

RUPEE

NICKEL LOOK BULLISH ABV 522 LEVEL RESISTANCE IS AT 560 LEVEL

ANY DIP TILL 11800 BUY FOR TGT 12400

MENTHOL LOOKING WEAK AND BERISH ONLY OVERALL TGT IS 520 LEVEL

RUPEE IRM LOOK LOOK TILL 49.7049.80 LEVEL ONCE

Ê

ÌÊ

ÆÌ

¨

TODAYS MARKET CALLS GOLD RANGE 13860-14480. GOLD BELOW 8884 LOOK WEAK TILL FOR THE NEXT SUPPORT AT 862$IMF MIGHT SELL 403 TONS OF GOLD TO FREE UP $12 BILLION TO HELP POOR NATIONS. SELL GOLD JUNE BELOW 14400 SL 14480 TGT 14345-14298-14262-14212-14165. MCX SPOT GOLD BELOW 884$ LOOK TILL 868-862$ SILVER RANGE IS 20380-21400. AS TOLD SILVER BELOW 12.64 LOOK TO TAKE SUPPORT AT 12.22$ A BREAK BELOW 20760 WILL FIND THE SUPPORT AT 20480 LEVELS. SELL SILVER MAY BELOW 21100 SL 21222 TGT 21020-20956-20870-20760. MCX SOME BUYING CAN BE SEEN NEAR TO 12.20$ AND 20300 LEVEL DURING THIS WEEK. CRUDE RANGE IS 2460-2720. CRUDE AS PER EXPECTATION JUMPED TILL 2680 LEVEL STILL LOOKING STRONG TILL 2740 LEVEL LAST WEEK OPEC COUNTRIES CAME WITH THE MORE CUT IN SUPPLY THAT HAD SUPPORTED THE PRICES. BUY CRUDE APR @ 2600-2620 SL 2570 TGT 2640-2658-2680-2712. MCX SOME PULL BACK TILL 2580 LEVEL IS GOOD TO BUY FOR TGT 2740 LEVEL IN COMING SESSION. COPPER RANGE IS 205-226.20. COPPER JUMPED ON G-20 MEET THAT INDUSTRIAL DEMAND WILL BE THERE. MKT IS EXPECTING DEMAND AFTER A MEET AS THEY AGREED A $1.1 TRILLION PACKAGE SOME PROFIT BOOKING CAN BE SEEN AS IMP RESISTANCE IS AT 222.80 LEVELS AND SUPPORT 218.60. SELL COPPER APR BELOW 219.60 SL 221.20 TGT 217.60-216.20-214.80.MCX ZINC RANGE IS 64-70.50. AS TOLD ZINC THIS WEEK LOOKING STRONG TILL 68 LEVEL LAST WEEK WE HAVE SEEN THE SAME. SELL ZINC APR BELOW 68 SL 69.30 TGT 67.80-66.60-66. MCX BUY ZINC ON SOME DIP TILL 65.50-66 SL 64.20 TGT 67.40-68.20-68.90. MCX NICKEL RANGE IS 515-578. TECHNICALLY NICKEL IS GETTING A STRONG SUPPORT AT 10400$ ON LME AND 518 ON MCX. BUYING LEVEL FOR NICKEL IS AT 525-528 LEVEL SHORT TERM SELL NICKEL APR BELOW 541 SL 546.20 TGT 539.60-536.20-532.40. MCX GUAR RANGE IS 1680-1778. GUAR LOOKING BULLISH AND STRONG ON EXPORT DEMAND AND SPECULATION ON RAIN.LAST WEEK MARKET HAS MADE A GOOD RALLY TILL 1760 LEVEL SOME PROFIT BOOKING IS NECESSARY IN ORDER TO SUSTAIN THE RALLY TOEARDS 1800 LEVEL. BUY GUAR APR ON DIP @ 1690-1710 SL 1678 TGT 1728-1750-1780. NCDEX ON STRONG EXPORT DEMAND FROM CHINA AND FIRM SPOT AS SUPPOTING THE PRICES

GET SAMPLE SM S“SAMPLE REPORT” ON 09819296333

PEPPER TRADED IN THE RANGE OF 11500-12425. PEPPER JUMPED ABV 12000 AS PER EXPECTATION NOW LOOK TILL 12380 LEVEL SOME PROFIT BOOKING CAN DIP THE PRICES TILL 11870-11950 LEVEL BUY PEPPER APR ON DIP @ 11800-11900 SL 11680 TGT 11980-12056-12170-12280. NCDEX MENTHOL RANGE IS 535-570. MENTHAOIL SPOT IS AT 597/- SPOT IS FLAT AND UP BY 2-3RS. BUY MENTHOL APR @ 560-561 SL 558.80 TGT 562.20-564.40-567.80. MCX SELL MENTHOL APR ON JUMP @ 568-569 SL 574.20 TGT 564.20-560.80-558.60-554.20. MCX OVERALL BELOW 554 LOOK BERISH TILL 520 LEVEL

PIVOT TABLE NAME

OPEN

HIGH

LOW

CLOSE

OPEN INT

Change in Rs.

Change in %

Volume

RSI (18 DAYS)

6454

-0.3

0

288

38.77

ENERGY COMPLEX NATURAL GAS

APRIL

192.20

INTRA-DAY LEVEL FOR

Support

APRIL MONTH

Resistance

192.20

191.50

191.90

Sup-1

Sup-2

Sup-3

191.5

191.2

190.8

Res-1

Res-2

Res-3

192.2

192.6

192.9

P.POINT POSITIVE 191.9

BASEMETAL COMPLEX ZINC

MARCH

65.90

66.45

65.25

66.30

505

0.70

1.06

2274

64.96

APRIL

68.30

68.40

68.10

68.30

2431

0.15

0

360

67.25

INTRA-DAY LEVEL

Support

Sup-1

Sup-2

Sup-3

65.6

64.8

64.4

Res-1

Res-2

Res-3

66.8

67.2

68.0

MARCH MONTH

Resistance

P.POINT POSITIVE 66.0

NICKEL

APRIL

552.00

555.00

551.00

553.70

567

2.2

0

100

0.93

MAY

563.90

563.90

563.40

563.70

12

10.6

0

2

0.17

INTRA-DAY LEVEL FOR

Support

Sup-1

Sup-2

Sup-3

551.5

549.2

547.5

Res-1

Res-2

Res-3

555.5

557.2

559.5

APRIL MONTH

Resistance

P.POINT POSITIVE 553.2

LEAD

APRIL

66.10

66.35

65.90

66.25

1415

0.2

0

144

57.55

MAY

66.85

66.85

66.65

66.70

64

0.05

0

12

66.9

INTRA-DAY LEVEL FOR

Support

Sup-1

Sup-2

Sup-3

66.0

65.7

65.5

Res-1

Res-2

Res-3

66.4

66.6

66.9

APRIL MONTH

Resistance

P.POINT POSITIVE 66.2

ALUMINIUM

APRIL

73.10

73.60

73.05

73.50

729

0.25

0

63

1.84

MAY

74.50

74.50

74.50

74.50

74

1.1

0

6

62.22

INTRA-DAY LEVEL FOR

Support

Sup-1

Sup-2

Sup-3

73.2

72.8

72.6

Res-1

Res-2

Res-3

73.7

73.9

74.3

APRIL MONTH

Resistance

P.POINT POSITIVE 73.4

NAME

OPEN

HIGH

LOW

CLOSE

OPEN INT

Change in Rs.

Change in %

Volume

RSI (18 DAYS)

157

8.5

0

70

80.23

MCX - OTHER ITEMS CARDAMOM

APRIL

665.00

INTRA-DAY LEVEL FOR

Support

APRIL MONTH

Resistance

682.00

665.00

677.75

Sup-1

Sup-2

Sup-3

667.8

657.9

650.8

Res-1

Res-2

Res-3

684.8

691.9

701.8

P.POINT WEAK 674.9

MENTHOL - OIL

APRIL

560.20

563.00

556.70

561.70

1140

1

0

162

57.63

MAY

540.00

541.50

536.00

540.60

354

0.5

0

45

53.18

INTRA-DAY LEVEL FOR

Support

Sup-1

Sup-2

Sup-3

557.9

554.2

551.6

Res-1

Res-2

Res-3

564.2

566.8

570.5

APRIL MONTH

Resistance

P.POINT POSITIVE 560.5

REF.SOYAOIL

APRIL

457.50

462.00

457.45

459.80

645

2.85

0

358

58.12

MAY

462.80

467.20

462.70

465.30

667

4.9

0

297

60.88

INTRA-DAY LEVEL FOR

Support

Sup-1

Sup-2

Sup-3

457.5

455.2

453.0

Res-1

Res-2

Res-3

462.1

464.3

466.6

APRIL MONTH

Resistance

P.POINT POSITIVE 459.8

CRUDE PALM OIL

APRIL

325.50

328.20

325.50

326.50

957

2.2

0

101

61.79

MAY

329.10

331.00

329.10

330.60

250

2.2

0

24

60.67

INTRA-DAY LEVEL FOR

Support

Sup-1

Sup-2

Sup-3

325.3

324.0

322.6

Res-1

Res-2

Res-3

328.0

329.4

330.7

APRIL MONTH

Resistance

P.POINT WEAK 326.7

RAW JUTE

APRIL

2323

2329

2318

2325

679

5.5

0

165

64.56

MAY

2370

2378

2369

2376

208

8

0

14

67.68

INTRA-DAY LEVEL

Support

Sup-1

Sup-2

Sup-3

2319

2313

2308

Res-1

Res-2

Res-3

2330

2335

2341

APRIL MONTH

Resistance

P.POINT POSITIVE 2324

POTATO - AGRA

APRIL

774.10

INTRA-DAY LEVEL

Support

APRIL MONTH

Resistance

776.10

759.90

768.00

Sup-1

Sup-2

Sup-3

759.9

751.8

743.7

Res-1

Res-2

Res-3

776.1

784.2

792.3

686

-14.1

0

296

P.POINT POSITIVE 768.0

77.75

NAME

OPEN

HIGH

LOW

CLOSE

OPEN INT

Change in Rs.

Change in %

Volume

RSI (18 DAYS)

NCDEX AGRO ITEMS CASTOR SEED

APRIL

463.00

469.50

459.20

460.00

2630

-2.9

0

1730

60.94

MAY

464.00

471.30

461.00

462.50

2430

-3.10

0

1100

58.73

INTRA-DAY LEVEL FOR

Support

Sup-1

Sup-2

Sup-3

456.3

452.6

446.0

Res-1

Res-2

Res-3

466.6

473.2

476.9

APRIL MONTH

Resistance

P.POINT WEAK 462.9

CHILLI

APRIL

5087.00

5180.00

5060.00

5172.00

1580

120.00

0

465

49.4

JUNE

5390.00

5471.00

5390.00

5452.00

995

89.00

0

485

49.51

INTRA-DAY LEVEL

Support

Sup-1

Sup-2

Sup-3

5094.7

5017.3

4974.7

Res-1

Res-2

Res-3

5214.7

5257.3

5334.7

APRIL MONTH

Resistance

P.POINT POSITIVE 5137.3

COCUDCAKE

MAY

547.90

553.70

547.80

549.70

38740

0.7

0

18,410

57.29

JUNE

559.00

563.50

557.50

559.00

3160

-0.9

0

1,450

57.89

INTRA-DAY LEVEL FOR

Support

Sup-1

Sup-2

Sup-3

547.1

544.5

541.2

Res-1

Res-2

Res-3

553.0

556.3

558.9

MAY MONTH

Resistance

P.POINT WEAK 550.4

GUAR GUM

APRIL

3575

INTRA-DAY LEVEL FOR

Support

APRIL MONTH

Resistance

3650

3575

3620

Sup-1

Sup-2

Sup-3

3580.0

3540.0

3505.0

Res-1

Res-2

Res-3

3655.0

3690.0

3730.0

3645

70

0

1,550

66.57

P.POINT POSITIVE 3615.0

GUAR SEED

APRIL

1710

INTRA-DAY LEVEL FOR

Support

APRIL MONTH

Resistance

1757

1704

1737

Sup-1

Sup-2

Sup-3

1708

1680

1655

Res-1

Res-2

Res-3

1761

1786

1814

50960

35

0

44,750

70.88

P.POINT POSITIVE 1733

PEPPER

APRIL

11930

12100

11900

12000

2813

96

0

1,803

66.57

MAY

12080

12280

12080

12203

2621

109

0

1,546

67.65

INTRA-DAY LEVEL FOR

Support

APRIL MONTH

Resistance

Sup-1

Sup-2

Sup-3

11900.0

11800.0

11700.0

Res-1

Res-2

Res-3

12100.0

12200.0

12300.0

P.POINT WEAK 12000.0

JEERA

MAY

12434

12576

12370

12510

11118

119

0

4872

61.23

JUNE

12560

12751

12560

12690

2946

159

0

954

64.38

INTRA-DAY LEVEL FOR

Support

MAY MONTH

Resistance

Sup-1

Sup-2

Sup-3

12395

12279

12189

Res-1

Res-2

Res-3

12601

12691

12807

P.POINT POSITIVE 12485

TURMERIC

APRIL

5439

5522

5435

5483

20050

54

0

23,370

70.88

MAY

5605

5665

5605

5620

37080

34

0

17,710

72.9

INTRA-DAY LEVEL FOR

Support

Sup-1

Sup-2

Sup-3

5438

5393

5351

Res-1

Res-2

Res-3

5525

5567

5612

APRIL MONTH

Resistance

P.POINT POSITIVE 5480

MUSTARD SEED

MAY

469.50

474.00

469.00

472.40

97870

3.95

0

46,170

64.62

MAY

469.50

474.00

469.00

472.40

97870

3.95

0

46,170

64.62

INTRA-DAY LEVEL FOR

Support

Sup-1

Sup-2

Sup-3

469.6

466.8

464.6

Res-1

Res-2

Res-3

474.6

476.8

479.6

MAY MONTH

Resistance

P.POINT POSITIVE 471.8

SUGAR M 200

APRIL

2144

2149

2135

2142

47180

-5

0

13,440

57.77

MAY

2244

2252

2237

2241

53440

-10

0

11,110

60.51

INTRA-DAY LEVEL FOR

Support

Sup-1

Sup-2

Sup-3

2135

2128

2121

Res-1

Res-2

Res-3

2149

2156

2163

APRIL MONTH

Resistance

P.POINT WEAK 2142

YELLOW MAIZE

MAY INTRA-DAY LEVEL FOR

APRIL MONTH

849.00 Support Resistance

872.00

849.00

864.00

Sup-1

Sup-2

Sup-3

0.0

0.0

0.0

Res-1

Res-2

Res-3

0.0

0.0

0.0

2290

-5

0

230

59.01

P.POINT WEAK 0.0

SOYA BEAN

APRIL

2453.50

2507.00

2453.50

2485.50

58710

45.00

0

36,360

68.22

MAY

2460.00

2510.00

2460.00

2488.00

68340

43.50

0

60,840

69.6

INTRA-DAY LEVEL FOR

Support

Sup-1

Sup-2

Sup-3

2457.0

2428.5

2403.5

Res-1

Res-2

Res-3

2510.5

2535.5

2564.0

APRIL MONTH

Resistance

P.POINT POSITIVE 2482.0

GUR

JULY

990

995

978

994

8010

10.2

0

6,380

80.03

SEPT

1011

1025

1009

1020

4530

3.6

0

1,910

77.56

INTRA-DAY LEVEL FOR

Support

Sup-1

Sup-2

Sup-3

983

972

966

Res-1

Res-2

Res-3

1000

1006

1017

JULY MONTH

Resistance

P.POINT POSITIVE 989

STEEL LONG

APRIL

20730

20950

20730

20870

16490

160

0

930

51.09

MAY

21200

21350

21200

21320

8890

160

0

750

53.85

INTRA-DAY LEVEL FOR

Support

APRIL MONTH

Resistance

Sup-1

Sup-2

Sup-3

20750

20630

20530

Res-1

Res-2

Res-3

20970

21070

21190

P.POINT POSITIVE 20850

CHANA

APRIL

2245

2328

2245

2317

27390

64

0

42,030

59.71

MAY

2300

2385

2300

2368

44550

63

0

57,760

61.5

INTRA-DAY LEVEL FOR

Support

Sup-1

Sup-2

Sup-3

2265

2214

2182

Res-1

Res-2

Res-3

2348

2380

2431

APRIL MONTH

Resistance

Date

Time 2:00pm 2:30pm Mon 2:30pm 10:30pm

P.POINT POSITIVE 2297

ECONOMICAL DATA LATEST Currency Data EUR Sentix Investor Confidence EUR Retail Sales m/m EUR PPI m/m USD FOMC Member Warsh Speaks

Forecast Previous -40.7 -42.7 -0.30% 0.10% -0.50% -0.80%

KING OF MARKET: - GOLD, SILVER & CRUDE COMMODITIES Close Resistance

Support

Special Remark

GOLD June

SILVER May

COPPER Apr

CRUDE Apr

GOLD $

SILVER $

14476 14986 14749 14609 14372 14232 13995 13855 13740

21269 22169 21761 21508 21100 20848 20440 20188 19855

221.40 227.60 225.20 223.60 222.70 219.40 216.80 213.70 211.20

2643 2745 2716 2698 2672 2622 2589 2565 2526

878.60 926.25 911.50 902.75 888.00 879.25 864.50 855.75 848.60

12.46 13.32 13.06 12.91 12.65 12.50 12.24 12.09 11.88

COPPE BELOW 220 LOOK WEAK TILL 216-214 LEVEL BUY THERE

CRUDE MORNING STRONG OVERALL THIS WEEK LOOK STRONG A DIP TILL 2580 LOOK TO BUY

BULLION LOOKING WEAK TILL 14100 AND 13800 LEVEL

GOLD BELOW 888$ LOOK TILL 862$ FRESH BUYING WILL TRIGGER FROM WEDNESDAY ONWARDS

NEWS YOU CAN USE IMF sitting on gold reserves of USD 95 billion: The IMF, which has been authorised by the G-20 leaders to sell gold to assist poor countries, is sitting on reserves of the yellow metal of 3,217 tonnes, valued at USD 95 billion. The IMF, the third-largest official holder of gold in the world, has been directed by the G-20 leaders at their recent summit in London to generate additional resources by selling gold to provide USD 6 billion concessional loans to low-income nations over the next 2 to 3 years. The US has the largest official reserves of gold in the world, followed by Germany at around 3,400 tonnes. Market value of its 3,217 tonnes of gold was USD 95.2 billion as on February 20, 2008. The IMF has also been directed by G-20 leaders to come up with concrete proposals for gold sale at the spring meetings to be held in Washington on April 25-26. The proposal to sell 403.3 tonnes of the Fund's gold, said IMF Survey online, was agreed on last year as part of a plan to bolster the income of the multilateral organisation. The decision, it added, would require the support of 85 per cent of the Fund's executive board, in addition to legislative action by several member countries, including the US. Gold May Rebound Next Week as U.S. Price Report Revives Demand : Gold may rebound next week on speculation rising prices will revive demand for the precious metal as a hedge against inflation. Prices of goods imported into the U.S. probably rose 0.9 percent in March, the first increase since July, ECB Rate Decision: Stock markets rose yesterday in the United States after U.S. Treasury Secretary Timothy Geithner said that markets are showing signs of improvement, and accordingly investors were optimistic and extended their bullish wave meanwhile stocks soared in Asia after Asian carmakers reported better than expected sales in North America. Meanwhile European markets are waiting for the European Central Bank to announce its interest rate decision; the ECB is expected to cut its benchmark interest rate by 50 basis points to 1.00 percent, which would mark the lowest in the ECB history. The ECB so far rejected accusations that it was rigid in dealing with the worst financial crisis since the Great Depression, especially as other central banks around the world have been slashing their interest rates in the most aggressive monetary easing maybe ever seen in the history of financial markets. The ECB should be paying more attention to the fact that the euro zone’s major economies are indeed suffering endlessly from the crisis, as Germany, France, Italy and Spain economies are all undergoing recession, which is expected to prevail over the next period, especially with the lack of profound solutions from the ECB. ECB gold sales: The ECB announced Wednesday that its gold sales were in full conformity with the second Central Banks Gold Agreement, which was signed in 2004 by the ECB and other European major official gold holders. The ECB didn't elaborate how it plans to use the proceeds. The second CBGA, which caps total gold sales of the signatories at 500 tons a year, expires in September. Some analysts expect a third CBGA to be signed before September. The IMF has planned to sell 403 tons of gold to diversify its revenue and strengthen its balance sheet. Some investors are worried that the IMF sale could pressure gold prices, although the fund has said it plans to coordinate closely with CBGA signatories to minimize the impact of this large gold sale. IMF gold sales are likely to be made "off-market" to help countries with huge dollar reserves, such as China, Japan and Russia, to diversify their reserve portfolio without disrupting the gold markets.

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KEDIA COMMODITIES Mumbai. INDIA. Mobile: 09323406035 / 09819296333 Email: [email protected], URL: www.kediacommodity.com Note: Buy at supports and sell at target. Support broken becomes resistance and a resistance broken becomes support. Always use Stop-loss never average loss making positions. This report is based on previous closing. levels may change based on next day’s opening price. Please register on the site for daily levels. Yahoo messenger id is for getting latest levels on your messenger. The call expires once the target is achieved or the stop-loss is hit. The calls given in this report are valid only for the current day. A trader should understand that, he/she should not carry forward the trade, unless explicitly stated. Date Source: MCX, NCDEX, COMEX, NYMEX, and other Exchange. Disclaimer: The calls made herein are for informational purpose and report contains only the viewpoints. We make no representation or warranty regarding the correctness, accuracy or completeness of any information, and is not responsible for errors of any kind though the information obtained from the sources, which is believed to be reliable. The information contained herein is strictly confidential and is meant for the intended recipients. Any alteration, transmission, photocopied distribution in part or in whole or reproduction of any form of the information without prior consent of Kedia Commodities is prohibited. The information and data are derived from the source that are deemed to be reliable the above calls are based on the theory of Technical Analysis. Neither the company nor its employee is responsible for the Profit (es) & loss (es) arising due to the trader(s). The commodities and derivatives discussed and opinions expressed in this report may not be suitable for all investors falling under different jurisdictions. All futures entail significant risk, which should be fully understood prior to . Consult your Investment Advisor / Broker before making any investment. www.kediacommodity.com