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Commodities Daily Technical Report

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

www.angelcommodities.com

Commodities Daily Technical Report


yt
Monday | May 20, 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 June June May Up Up Sideways Sideways Up 5190 94.00 5520 102.20 219 5260 95.20 5560 103.00 222 5302 95.99 5609 103.80 226 5350 96.80 5650 104.60 229 5390 97.60 5700 105.40 233 MCX MCX MCX MCX MCX June May May May May Sideways Sideways Sideways Up Down Sideways 7115 398 98.50 109 99.80 798 7188 402 99.50 109.90 100.50 807 7251 405.60 100.35 110.65 101.15 815.2 7296 408 101 111.30 102 825 7369 412 102.80 112.20 102.80 833 MCX July

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

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