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Monday | November 05, 2012
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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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Exchange
MCX
Contract
Dec
Trend
Sideways Sideways Sideways Sideways
S2
30300 1669 56700 30.54
S1
30420 1676 57200 30.81
LTP
30498 1680 57599 31.02
R1
30600 1686 57900 31.18
R2
30680 1690 58200 31.34
Recommendations
Gold MCX Dec Contract Copper MCX Nov Contract
Intraday Strategy: Buy MCX Dec Gold between 30400 30450, SL30300, Target 30600/30620
Intraday Strategy: Sell MCX Nov Copper between 418 419, SL421, Target 414 /413
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