By Paul Ploumis 30 Jul 2015 Last updated at 01:03:05 GMT
Intraday Strategy: Buy MCX Aug Aluminium between 104.50 – 104.80, SL – 103.40, Target – 106 / 106.50
Morning Technical Levels for Metals and Energy
| Commodity | Exchange | Contract | Trend | S2 | S1 | LTP | R1 | R2 |
| Gold | MCX | Aug | Down | 24500 | 24600 | 24720 | 24850 | 25000 |
| Spot Gold | Down | 1083 | 1088 | 1093 | 1099 | 1105 | ||
| Gold Hedge | NCDEX | July | Down | 22180 | 22275 | 22383 | 22500 | 22640 |
| Silver | MCX | Sept | Down | 33300 | 33600 | 33975 | 34200 | 34500 |
| Spot Silver | Down | 14.40 | 14.60 | 14.70 | 14.80 | 14.95 | ||
| Silver Hedge | NCDEX | Aug | Down | 29910 | 30215 | 30587 | 30810 | 31120 |
| Base Metal | ||||||||
| Copper | Sideways | 5210 | 5245 | 5302 | 5340 | 5385 | ||
| Copper | MCX | Aug | Sideways | 336 | 338 | 341.65 | 344 | 347 |
| Zinc | MCX | July | Sideways | 124.00 | 125.00 | 125.85 | 127.00 | 128.00 |
| Lead | MCX | July | Sideways | 107.00 | 108.00 | 109.10 | 110.00 | 111.00 |
| Aluminium | MCX | July | Sideways | 102.00 | 103.00 | 103.85 | 105.00 | 106.00 |
| Nickel | MCX | July | Down | 700 | 707 | 715.8 | 724 | 732 |
| Energy | ||||||||
| Crude Oil | MCX | Aug | Sideways | 3060 | 3100 | 3148 | 3190 | 3240 |
| Crude Oil | NYMEX | Sept | Sideways | 47.50 | 48.20 | 48.96 | 49.60 | 50.40 |
| Crude Oil | NCDEX | Aug | Sideways | 3045 | 3085 | 3135 | 3180 | 3230 |
| Brent Crude Oil | MCX | Aug | Sideways | 3420 | 3460 | 3516 | 3560 | 3610 |
| Brent Crude Oil | ICE | Sept | Sideways | 52.45 | 53.05 | 53.77 | 54.40 | 55.20 |
| Natural Gas | MCX | July | Sideways | 178 | 181 | 183.5 | 186 | 188 |
Recommendations
Aluminium MCX Aug Contract
Intraday Strategy: Buy MCX Aug Aluminium between 104.50 – 104.80, SL – 103.40, Target – 106 / 106.50
Gold MCX Aug Contract
Intraday Strategy: Sell MCX Aug Gold between 24830 – 24860, SL – 25000, Target – 24600 / 24580
Courtesy : Angel Commodities
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