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Metal and Energy Tech Report, May 20
Metal and Energy Tech Report, May 20
yt
Monday | May 20, 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
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Exchange
MCX
Contract
June
Trend
Down Down Down Down
S2
25500 1330 41800 21.20
S1
25700 1340 42300 21.50
LTP
25835 1347 42629 21.63
R1
25980 1355 43000 21.80
R2
26100 1361 43500 22.10
Recommendations
Gold MCX June Contract Crude Oil MCX May Contract
Intraday Strategy: Sell MCX June Gold between 25950 26000, SL26100, Target 25720 / 25680
Intraday Strategy: Buy MCX May Crude Oil between 5250 5260, SL 5190, Target 5350 / 5360
www.angelcommodities.com