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Metal and Energy Tech Report, May 24
Metal and Energy Tech Report, May 24
Metal and Energy Tech Report, May 24
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
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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