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Metal and Energy Tech Report Aug 28
Metal and Energy Tech Report Aug 28
Metal and Energy Tech Report Aug 28
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
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