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    Metal and Energy Tech Report, May 13

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    Angel Broking
    This technical report provides the morning levels and recommendations for metals and energy commodities on the commodity exchanges. For gold and crude oil, it recommends intraday selling strategies, suggesting selling gold between 27050-27100 with a stop loss of 27250 and target of 26850/26800, and selling crude oil between 5290-5300 with a stop loss of 5350 and target of 5220/5200. It also provides the trend, support and resistance levels for various metals and energies including gold, silver, copper, zinc, lead, aluminum, nickel, crude oil and natural gas.

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    Metal and Energy Tech Report, May 13

    Uploaded by

    Angel Broking
    7 views2 pages
    This technical report provides the morning levels and recommendations for metals and energy commodities on the commodity exchanges. For gold and crude oil, it recommends intraday selling strategies, suggesting selling gold between 27050-27100 with a stop loss of 27250 and target of 26850/26800, and selling crude oil between 5290-5300 with a stop loss of 5350 and target of 5220/5200. It also provides the trend, support and resistance levels for various metals and energies including gold, silver, copper, zinc, lead, aluminum, nickel, crude oil and natural gas.

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    13th May, 2013

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    This technical report provides the morning levels and recommendations for metals and energy commodities on the commodity exchanges. For gold and crude oil, it recommends intraday selling strategies, suggesting selling gold between 27050-27100 with a stop loss of 27250 and target of 26850/26800, and selling crude oil between 5290-5300 with a stop loss of 5350 and target of 5220/5200. It also provides the trend, support and resistance levels for various metals and energies including gold, silver, copper, zinc, lead, aluminum, nickel, crude oil and natural gas.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    7 views2 pages

    Metal and Energy Tech Report, May 13

    Uploaded by

    Angel Broking
    This technical report provides the morning levels and recommendations for metals and energy commodities on the commodity exchanges. For gold and crude oil, it recommends intraday selling strategies, suggesting selling gold between 27050-27100 with a stop loss of 27250 and target of 26850/26800, and selling crude oil between 5290-5300 with a stop loss of 5350 and target of 5220/5200. It also provides the trend, support and resistance levels for various metals and energies including gold, silver, copper, zinc, lead, aluminum, nickel, crude oil and natural gas.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
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    Commodities Daily Technical Report

    yt
    Monday | May 13, 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

    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


    yt
    Monday | May 13, 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 Down Down Sideways Sideways Down 5170 93.80 5560 101.60 208 5220 94.70 5610 102.50 212 5252 95.29 5643 103.10 214.10 5300 96.20 5690 104.00 217 5350 97.10 5740 104.90 221 MCX MCX MCX MCX MCX June May May May May Sideways Sideways Up Sideways Sideways Up 7260 404 100 108.50 100.50 834 7314 407 101 109.50 101.50 842 7382 410.8 101.95 110.25 102.45 850 7404 412 102.80 111.50 103.50 857 7457 415 103.80 112.50 104.50 870 MCX July

    Exchange
    MCX

    Contract
    June

    Trend
    Sideways Down Sideways Down

    S2
    26700 1417 44300 23.10

    S1
    26850 1425 44800 23.40

    LTP
    26999 1433 45284 23.64

    R1
    27100 1438 45500 23.80

    R2
    27250 1446 45900 24.00

    Recommendations
    Gold MCX June Contract Crude Oil MCX May Contract

    Intraday Strategy: Sell MCX June Gold between 27050 - 27100, SL27250, Target 26850 / 26800

    Intraday Strategy: Sell MCX May Crude Oil between 5290 5300, SL 5350, Target 5220 / 5200

    www.angelcommodities.com

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