Commodities Daily Technical Report

yt
Wednesday | May 08, 2013

Content
Morning Technical Levels Strategy/Recommendations

Anuj Gupta Sr. Technical Analyst Anuj.gupta@angelbroking.com (022) 29212000 Extn. 6137

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

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Commodities Daily Technical Report

yt
Wednesday | May 08, 2013

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 Oil Crude Oil Brent Crude Oil Brent Crude Oil Natural Gas MCX NYMEX MCX NYMEX MCX May June May June May Sideways Sideways Sideways Sideways Down 5070 93.70 5570 102.40 208 5120 94.60 5620 103.30 210 5168 95.48 5672 104.17 212.9 5200 96.10 5700 104.80 215 5250 97.00 5750 105.70 218 MCX MCX MCX MCX MCX June May May May May Up Sideways Sideways Up Sideways Up 7152 389 98.5 107.8 99.5 805 7225 393 99.5 108.6 100.4 814 7288 396.4 100.6 109.6 101.05 821.6 7354 400 101.5 110.4 102 831 7428 404 102.5 111.5 102.8 840 MCX July

Exchange
MCX

Contract
June

Trend
Down Sideways Sideways Sideways

S2
26500 1445 43800 23.40

S1
26600 1450 44400 23.75

LTP
26722 1457 44861 23.98

R1
26850 1464 45200 24.15

R2
27000 1472 45600 24.40

Recommendations
Gold MCX June Contract Crude Oil MCX May Contract

Intraday Strategy: Sell MCX June Gold between 26830 - 26880, SL27000, Target 26650 / 26600

Intraday Strategy: Sell MCX May Crude Oil between 5190 5200, SL 5250, Target 5120 / 5100

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