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Monday | March 11, 2013
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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
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Exchange
MCX
Contract
Apr
Trend
Down Sideways Sideways Sideways
S2
29160 1568 54200 28.60
S1
29270 1574 54500 28.75
LTP
29345 1578 54855 28.96
R1
29460 1584 55100 29.10
R2
29560 1590 55400 29.25
Recommendations
Gold MCX Apr. Contract Crude Oil MCX Mar Contract
Intraday Strategy: Sell MCX April Gold between 29440 29460, SL29560, Target 29260 / 29240
Intraday Strategy: Sell MCX Mar Crude Oil between 5010 5020, SL-5050, Target 4960 / 4950
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