yt

Commodities Daily Technical Report

www.angelcommodities.com
Monday | 20
th
October 2014


Content
Morning Technical Levels
Strategy/Recommendations


























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

Prepared by

Anuj Gupta A.V.P - Technical Research
Anuj.gupta@angelbroking.com
(011) 33101954


yt

Commodities Daily Technical Report


www.angelcommodities.com
Monday | 20
th
October 2014
Morning Technical Levels for Metals and Energy
Commodity Exchange Contract Trend S2 S1 LTP R1 R2
Bullions
Gold MCX Dec Sideways 27000 27100 27256 27350 27500
Spot Gold Sideways 1224 1229 1236 1240 1247
Gold Hedge NCDEX Nov Sideways 24260 24350 24497 24580 24710
Silver MCX Dec Sideways 37700 38000 38399 38600 38900
Spot Silver Sideways 16.90 17.10 17.31 17.40 17.60
Silver Hedge NCDEX Sept Sideways 3410 3430 3472 3490 3520
Base Metal
LME Copper Down 6540 6570 6629 6670 6720
Copper MCX Nov Down 404 406 409.25 412 415
Zinc MCX Oct Down 136 137 138.05 139 140
Lead MCX Oct Down 122.20 123.20 124.20 125.20 126.20
Aluminium MCX Oct Down 118.50 119.50 120.20 121 122.00
Nickel MCX Oct Down
940 950 960.80 970 980
Energy
Crude Oil MCX Oct Down 5000 5050 5095 5130 5190
Crude Oil NYMEX Nov Down 81.60 82.40 83.16 83.70 84.50
Crude Oil NCDEX Oct Down 5014 5060 5109 5140 5190
Brent Crude Oil MCX Nov Down 5280 5330 5377 5410 5460
Brent Crude Oil NYMEX Dec Down 84.70 85.50 86.22 86.70 87.50
Brent Crude Oil NCDEX Nov Down 5250 5300 5352 5380 5430
Natural Gas MCX Oct Sideways 225 227 230.90 232 235










Recommendations
Crude Oil MCX Oct Contract


Intraday Strategy: Sell MCX Oct Crude Oil between 5130 5140, SL
5190, Target 5060 / 5040
Copper MCX Nov Contract


Intraday Strategy: Sell MCX Nov Copper between 412 413, SL
416, Target 406 / 405