Metal and Energy Tech Report Sept 05

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Commodities Daily Technical Report

yt
Thursday | Sept 05, 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
Thursday | Sept 05, 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 Down Sideways Down Sideways Sideways 7000 105.50 7600 113.20 238 7060 106.40 7660 114.10 241 7127 107.44 7728 115.10 244.1 7200 108.50 7800 116.10 247 7280 109.75 7880 117.30 250 MCX MCX MCX MCX MCX Nov Sept Sept Sept Sept Sideways Down Sideways Down Down Down 7015 474 121.00 139.00 115.00 894 7099 478 122.00 140.00 116.00 902 7183 483.7 123.40 141.65 117.25 910.2 7240 487 124.50 142.50 118.50 917 7296 492 125.50 144.00 119.80 925 MCX Dec

Exchange
MCX

Contract
Oct

Trend
Down Sideways Down Sideways

S2
32200 1376 53900 22.90

S1
32400 1384 54400 23.20

LTP
32604 1393 54990 23.44

R1
32900 1406 55400 23.60

R2
33200 1418 55900 23.90

Recommendations
Lead MCX Sept Contract Crude Oil MCX Sept Contract

Intraday Strategy: Sell MCX Sept Lead between 142.50 - 143, SL 144, Target 140/ 139.50

Intraday Strategy: Sell MCX Sept Crude Oil between 7190 7200, SL 7280, Target 7060 / 7050

www.angelcommodities.com

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