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Commodities Daily Technical Report

Wednesday | August 22, 2012

Content
Morning Technical Levels Strategy/Recommendations

Anuj Gupta Sr. Technical Analyst 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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Commodities Daily Technical Report


Wednesday | August 22, 2012

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 Natural Gas MCX NYMEX MCX Sept Sept Aug Up Sideways Up 5310 95.44 151 5350 96.16 153 5384 96.77 155.6 5411 97.26 157 5444 97.85 159 MCX MCX MCX MCX MCX Aug Aug Aug Aug Aug Sideways Sideways Sideways Sideways Up Up 7461 415 98.5 104.5 100.7 860 7515 418 99.2 105 101.2 867 7558 420.4 99.7 105.5 101.75 874.7 7587 422 100.2 106.1 102.2 880 7623 424 100.8 106.8 102.7 886 MCX Sept

Exchange
MCX

Contract
Oct

Trend
Up Up Up Up

S2
30200 1633 54600 28.90

S1
30270 1636 54900 29.10

LTP
30318 1639 55240 29.27

R1
30390 1643 55500 29.40

R2
30450 1646 55900 29.60

Recommendations
Gold MCX Oct. Contract Nickel MCX Aug Contract

Intraday Strategy: Buy MCX Oct Gold between 30270 30300, SL30200, Target 30400/ 30450

Intraday Strategy: Buy MCX Aug Nickel between 865 867, SL-860, Target - 880/884

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