Commodities Daily Technical Report

Wednesday | July 24 2013

Content
Morning Technical Levels Strategy/Recommendations

Pasam Samson – Sr. Technical Analyst samsonp@angelbroking.com (040) 30938632

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 | July 24 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 Crude Natural Gas Brent Crude MCX NYMEX MCX MCX Aug Sep Jul Aug Sideways Sideways Sideways Sideways 6,310 105.50 219.80 6412 6,356 106.50 221.80 6435 6,393 107.25 222.70 6457 6,426 108 224.60 6483 6,460 108.70 226.60 6515 LME MCX MCX MCX MCX MCX Aug Jul Jul Jul Jul Sideways Sideways Sideways Sideways Sideways Sideways 6990 419.80 109.50 121.20 106.40 827 7020 421 110 121.80 106.90 833 7048 421.85 110.50 122.15 107.40 837.50 7075 423 111 122.80 108.10 842 7100 425 111.60 123.40 108.90 847 MCX Sep

Exchange
MCX

Contract
Aug

Trend
Down Down Down Down

S2
27,462 1328 41,420 20.10

S1
27,565 1338 41,762 20.34

LTP
27,574 1341.90 41,854 20.45

R1
27,711 1350 42,140 20.68

R2
27,868 1360 42,780 20.90

Recommendations
Gold MCX August Contract

Intraday Strategy: Sell MCX Gold August between 27,700 - 27750, SL-27,868, Target -27,565

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