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Metal and Energy Tech Report Sept 03
Metal and Energy Tech Report Sept 03
yt
Tuesday | Sept 03, 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
32700 1376 54000 23.60
S1
32850 1382 54500 23.90
LTP
33064 1391 54954 24.07
R1
33200 1397 55400 24.20
R2
33350 1403 55900 24.50
Recommendations
Gold MCX Oct Contract Natural Gas MCX Sept Contract
Intraday Strategy: Buy MCX Oct Gold between 32850 - 32900, SL 32700, Target 33200/ 33250
Intraday Strategy: Buy MCX Sept Natural Gas between 245 246, SL 242, Target 251 / 252
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