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  • Metal and Energy Tech Report, May 27

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    Angel Broking
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    This technical report provides the morning technical levels and recommendations for metals and energy commodities. For gold and copper futures contracts on the MCX, the report lists support levels (S1, S2), last traded price (LTP), and resistance levels (R1, R2). It then provides intraday buy recommendations for MCX June gold between 26300-26320 with a stop loss of 26200 and target of 26520/26600, and for MCX June copper between 404-405 with a stop loss of 401 and target of 410/411.

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    27th May, 2013

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    This technical report provides the morning technical levels and recommendations for metals and energy commodities. For gold and copper futures contracts on the MCX, the report lists support levels (S1, S2), last traded price (LTP), and resistance levels (R1, R2). It then provides intraday buy recommendations for MCX June gold between 26300-26320 with a stop loss of 26200 and target of 26520/26600, and for MCX June copper between 404-405 with a stop loss of 401 and target of 410/411.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
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    1 views2 pages

    Metal and Energy Tech Report, May 27

    Uploaded by

    Angel Broking
    This technical report provides the morning technical levels and recommendations for metals and energy commodities. For gold and copper futures contracts on the MCX, the report lists support levels (S1, S2), last traded price (LTP), and resistance levels (R1, R2). It then provides intraday buy recommendations for MCX June gold between 26300-26320 with a stop loss of 26200 and target of 26520/26600, and for MCX June copper between 404-405 with a stop loss of 401 and target of 410/411.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
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    Commodities Daily Technical Report

    yt
    Monday | May 27, 2013

    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

    www.angelcommodities.com

    Commodities Daily Technical Report


    yt
    Monday | May 27, 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 June July June July June Sideways Sideways Sideways Sideways Up 5190 92.00 5630 101.00 235 5230 92.70 5670 101.70 237 5268 93.41 5717 102.40 239.6 5290 93.80 5730 102.80 241 5330 94.50 5770 103.50 243 MCX MCX MCX MCX MCX June May May May May Up Sideways Sideways Sideways Sideways 401 100.50 114.00 99.80 811 404 101.30 114.80 100.50 817 407.85 102.00 115.50 101.20 822.50 410 102.80 116.20 102.0 830 412 103.50 117.00 102.60 837 MCX July

    Exchange
    MCX

    Contract
    June

    Trend
    Sideways Up Sideways Up

    S2
    26200 1381 42900 22.25

    S1
    26320 1387 43200 22.40

    LTP
    26406 1392 43473 22.55

    R1
    26520 1398 43700 22.60

    R2
    26600 1402 44100 22.90

    Recommendations
    Gold MCX June Contract Copper MCX June Contract

    Intraday Strategy: Buy MCX June Gold between 26300 26320, SL26200, Target 26520 / 26600

    Intraday Strategy: Buy MCX June Copper between 404 405, SL 401, Target 410 /411

    www.angelcommodities.com

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