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Metal and Energy Tech Report, August 06
Metal and Energy Tech Report, August 06
yt
Tuesday | Aug 06, 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
Exchange
MCX
Contract
Oct
Trend
Sideways Down Sideways Down
S2
27550 1280 41000 19.20
S1
27700 1287 41400 19.50
LTP
27856 1294 41760 19.60
R1
28000 1301 42200 19.80
R2
28150 1308 42700 20.10
Recommendations
Crude Oil MCX Aug Contract Nickel MCX Aug Contract
Intraday Strategy: Sell MCX Aug Crude Oil between 6580 6590, SL 6640, Target 6500 / 6490
Intraday Strategy: Sell MCX Aug Nickel between 852 854, SL 860, Target 843 /840
www.angelcommodities.com