Metal and Energy Tech Report Aug 28

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Commodities Daily Technical Report

yt
Wednesday | Aug 28, 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 28, 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 Sept Oct Sept Oct Sept Up Up Up Up Up 7200 107.50 7480 112.90 232 7270 108.50 7550 113.90 235 7355 109.86 7641 115.25 239.90 7420 110.80 7700 116.20 242 7480 111.70 7760 117.10 245 MCX MCX MCX MCX MCX Aug Aug Aug Aug Aug Sideways Sideways Up UP Up Up 7191 485 129.00 147.00 121.00 950 7265 490 130.00 148.00 122.80 960 7331 494.45 131.10 149.50 123.95 967 7398 499 132.00 151.00 125.00 975 7458 503 133.00 152.00 126.00 985 MCX Sept

Exchange
MCX

Contract
Oct

Trend
Up Sideways Up Sideways

S2
33300 1399 56000 24.00

S1
33500 1407 56500 24.30

LTP
33715 1416 57290 24.55

R1
33900 1424 57800 24.70

R2
34200 1436 58400 25.10

Recommendations
Gold MCX Oct Contract Crude Oil MCX Aug Contract

Intraday Strategy: Buy MCX Oct Gold between 33500 - 33500, SL 33300, Target 33900/ 34000

Intraday Strategy: Buy MCX Sept Crude Oil between 7270 7280, SL 7200, Target 7420/7450

www.angelcommodities.com

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