Metal and Energy Tech Report, August 14

You might also like

Download as pdf or txt
Download as pdf or txt
You are on page 1of 2

Commodities Daily Technical Report

yt
Wednesday | Aug 14, 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 14, 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 Up Up Up Up Sideways 6440 104.70 6600 107.60 198 6500 105.70 6660 108.50 200 6551 106.57 6714 109.42 202.3 6590 107.20 6750 110.00 205 6630 107.80 6790 110.70 208 MCX MCX MCX MCX MCX Aug Aug Aug Aug Aug Sideways Up Up UP Sideways Up 7134 441 115.00 131.50 111.80 890 7199 445 116.00 132.50 112.80 898 7271 449.45 117.35 133.55 113.45 905.6 7312 452 118.20 134.50 114.50 912 7361 455 119.20 135.50 115.20 920 MCX Sept

Exchange
MCX

Contract
Oct

Trend
Up Up Up Up

S2
28500 1305 45400 21.00

S1
28700 1314 45800 21.25

LTP
28882 1322 46268 21.44

R1
29050 1330 46700 21.60

R2
29150 1334 47200 21.90

Recommendations
Gold MCX Oct Contract Copper MCX Aug Contract

Intraday Strategy: Buy MCX Oct Gold between 28700 - 28750, SL 28500, Target 29050/ 29100

Intraday Strategy: Buy MCX Aug Copper between 444 445, SL 441, Target 452 /453

www.angelcommodities.com

You might also like