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Commodities Daily Technical Report

Friday | February 8 2012

Content
Morning Technical Levels Strategy/Recommendations

Pasam Samson Sr. Technical Analyst samsonp@angelbroking.com (040) 30912222 Extn. 146

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


Friday | February 8 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 Crude Natural Gas MCX NYMEX MCX Feb Mar Feb Down Down Down 5,082 94.50 173.20 5,107 95.20 175.90 5,133 95.89 178.50 5,155 96.50 180.30 5,180 97.30 182.80 LME MCX MCX MCX MCX MCX Feb Feb Feb Feb Feb Sideways Sideways Up Up Up Sideways 8146 437.60 114 128 110.40 965 8178 439.65 114.55 128.65 110.95 968 8210 441.40 114.95 129.05 111.40 972 8250 442.90 115.40 129.65 111.95 977 8296 444.30 115.85 130.20 112.40 983 MCX Mar

Exchange
MCX

Contract
Apr

Trend
Up Sideways Sideways Sideways

S2
30,557 1652 57,260 30.87

S1
30,724 1662 57,650 31.15

LTP
30,796 1671.25 58,041 31.43

R1
30,920 1682 58,270 31.58

R2
31,045 1693 58,540 31.83

Recommendations
Lead MCX February Contract Gold MCX April Contract

Intraday Strategy: Buy MCX Lead February between 128.70-128.50, SL-127.90, Target -129.60/130

Intraday Strategy: Buy MCX Gold April between 30,730-30,700, SL30,620 Target -30,900

Zinc

MCX February Contract

Crude

MCX February Contract

Intraday Strategy: Buy MCX Zinc February between 114.70-114.50, SL-113.80, Target -115.80

Intraday Strategy: Sell MCX Crude February between 5150-5160, SL5181, Target -5110/5083

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