Metal and Energy Tech Report October 29

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Commodities Daily Technical Report

Monday | October 29 2012

Content
Morning Technical Levels Strategy/Recommendations

Pasam Samson Sr. Technical Analyst samsonp@angelbroking.com (040) 30912222 Extn. 146

Angel Commodities Broking Pvt. Ltd. Registered Office: G-1, Ackruti Trade Centre, Rd. No. 7, MIDC, Andheri (E), Mumbai - 400 093. Corporate Office: 6th Floor, Ackruti Star, MIDC, Andheri (E), Mumbai - 400 093. Tel: (022) 2921 2000 MCX Member ID: 12685 / FMC Regn No: MCX / TCM / CORP / 0037 NCDEX : Member ID 00220 / FMC Regn No: NCDEX / TCM / CORP / 0302

Disclaimer: The information and opinions contained in the document have been compiled from sources believed to be reliable. The company does not warrant its accuracy, completeness and correctness. The document is not, and should not be construed as an offer to sell or solicitation to buy any commodities. This document may not be reproduced, distributed or published, in whole or in part, by any recipient hereof for any purpose without prior permission from Angel Commodities Broking (P) Ltd. Your feedback is appreciated on commodities@angelbroking.com

www.angelcommodities.com

Commodities Daily Technical Report


Monday | October 29 2012

Morning Technical Levels for Metals and Energy


Commodity Bullions
Gold Spot Gold Silver Spot Silver Base Metals LME Copper Copper Zinc Lead Aluminium Nickel Energy Crude Crude Natural Gas MCX NYMEX MCX Nov Dec Nov Up Up Up 4,630 85.20 198.20 4,654 85.70 200.80 4,669 86.24 203.10 4,695 86.80 204.90 4,740 87.30 206.80 MCX MCX MCX MCX MCX Nov Oct Oct Oct Oct Up Up Up Sideways Sideways 422 96 108.60 101.55 848.50 424.20 96.60 109.30 102.05 856 425.95 97.45 110.05 102.70 865.80 427.70 98 110.80 103.40 873 429.30 99 111.80 104.10 883 MCX Dec

Exchange
MCX

Contract
Dec

Trend
Up Up Up Up

S2
30,886 1700 59,040 31.63

S1
30,991 1709 59,550 31.94

LTP
31,022 1710.30 59,703 32.05

R1
31,130 1719 60,155 32.41

R2
31,234 1728 60,680 32.77

Recommendations
Silver MCX December Contract Gold MCX December Contract

Intraday Strategy: Buy MCX Silver December between 5960059560, SL-59150, Target -60150/60500

Intraday Strategy: Buy MCX Gold October between 31000-30980, SL-30900, Target -31130/31220

Copper

MCX November Contract

Crude

MCX November Contract

Intraday Strategy: Buy MCX Copper November between 424.50424, SL-422, Target -428

Intraday Strategy: Buy MCX Crude November between 4655-4650, SL-4629, Target -4695

www.angelcommodities.com

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