Metal and Energy Tech Report, August 07

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Commodities Daily Technical Report

yt
Wednesday | Aug 07, 2013

Content
Morning Technical Levels Strategy/Recommendations

Prepared by

Anuj Gupta A.V.P - Technical Research 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
Wednesday | Aug 07, 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 Aug Sept Aug Sept Aug Down Down Down Down Down 6340 103.42 6530 106.10 200 6400 104.40 6590 107.10 203 6459 105.36 6658 108.09 205.6 6500 106.03 6690 108.70 207 6560 107.01 6750 109.70 209 MCX MCX MCX MCX MCX Aug Aug Aug Aug Aug Down Sideways Sideways Sideways Down Down 6855 424 111.20 127.80 106.80 835 6904 427 112.00 128.50 107.50 842 6965 430.8 112.75 129.30 108.25 847.2 6984 432 113.75 130.00 109.00 854 7033 435 114.50 130.80 109.80 860 MCX Sept

Exchange
MCX

Contract
Oct

Trend
Down Down Down Down

S2
27400 1266 40700 19.00

S1
27500 1271 41200 19.20

LTP
27614 1276 41533 19.39

R1
27800 1285 41900 19.50

R2
27950 1292 42300 19.75

Recommendations
Crude Oil MCX Aug Contract Gold MCX Oct Contract

Intraday Strategy: Sell MCX Aug Crude Oil between 6500 6510, SL 6560, Target 6410 / 6400

Intraday Strategy: Sell MCX Oct Gold between 27750 27800, SL 27950, Target 27500 /27450

www.angelcommodities.com

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