Metal and Energy Tech Report, May 24

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Commodities Daily Technical Report

yt
Friday | May 24, 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
Friday | May 24, 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 June July June July May Down Sideways Sideways Down Up 5120 92.50 5580 100.60 229 5170 93.40 5630 101.50 232 5215 94.21 5683 102.40 236.8 5250 94.90 5710 103.00 239 5310 95.80 5760 103.90 242 MCX MCX MCX MCX MCX June May May May May Up Up Sideways Sideways Sideways Sideways 7196 402 100.00 111.80 100.5 816 7249 405 101.00 112.60 101.0 823 7311 408.45 101.90 113.65 101.8 830.4 7357 411 102.80 114.50 102.5 838 7410 414 103.50 115.50 103.3 845 MCX July

Exchange
MCX

Contract
June

Trend
Sideways Up Sideways Up

S2
26000 1369 42700 22.00

S1
26200 1379 43100 22.30

LTP
26440 1392 43571 22.50

R1
26600 1400 43900 22.60

R2
26770 1409 44300 22.90

Recommendations
Gold MCX June Contract Copper MCX June Contract

Intraday Strategy: Buy MCX June Gold between 26200 26250, SL26000, Target 26550 / 26600

Intraday Strategy: Buy MCX June Copper between 405 406, SL 402, Target 411 /412

www.angelcommodities.com

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