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Metal and Energy Tech Report Aug 27
Metal and Energy Tech Report Aug 27
yt
Tuesday | Aug 27, 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
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Exchange
MCX
Contract
Oct
Trend
Up Sideways Up Sideways
S2
31500 1381 52800 23.60
S1
31700 1389 53300 23.85
LTP
31876 1397 53787 24.04
R1
32000 1402 54200 24.20
R2
32150 1409 54600 24.45
Recommendations
Gold MCX Oct Contract Crude Oil MCX Aug Contract
Intraday Strategy: Buy MCX Oct Gold between 31650 - 31700, SL 31500, Target 32000/ 32050
Intraday Strategy: Buy MCX Sept Crude Oil between 6790 6800, SL 6720, Target 6920/6930
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