Commodities Daily Technical Report

yt
Monday | Sept 16, 2013

Content
Morning Technical Levels Strategy/Recommendations

Prepared by

Anuj Gupta – A.V.P - Technical Research 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 | Sept 16, 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 Sept Oct Oct Oct Sept Down Down Down Down Up 6800 106.60 7030 108.90 229 6860 107.60 7090 109.80 232 6921 108.58 7153 110.84 235.1 6990 109.60 7220 111.90 238 7040 110.40 7270 112.60 241 MCX MCX MCX MCX MCX Nov Sept Sept Sept Sept Up Sideways Sideways Sideways Sideways Up 6958 452 116.00 130.00 110.50 866 7004 455 117.00 131.00 111.50 874 7094 460.85 118.35 132.10 112.50 883.1 7142 464 119.30 133.00 113.50 890 7204 468 120.20 134.00 114.50 895 MCX Dec

Exchange
MCX

Contract
Oct

Trend
Down Sideways Down Sideways

S2
29700 1310 49500 21.60

S1
29900 1320 50100 21.90

LTP
30128 1330 50676 22.16

R1
30300 1338 51000 22.30

R2
30400 1345 51400 22.40

Recommendations
Crude Oil MCX Sept Contract Nickel MCX Sept Contract

Intraday Strategy: Sell MCX Sept Crude Oil between 6980 – 6990, SL – 7040, Target – 6860/ 6850

Intraday Strategy: Buy MCX Sept Nickel between 874 – 875, SL – 866, Target – 890 /895

www.angelcommodities.com

Sign up to vote on this title
UsefulNot useful