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Metal and Energy Tech Report, August 14
Metal and Energy Tech Report, August 14
Metal and Energy Tech Report, August 14
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
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