By Paul Ploumis 08 Sep 2015 Last updated at 00:48:43 GMT
Intraday Strategy: Sell MCX Sept Crude Oil between 2990-3000, SL-3040, Target-2910 / 2900
Morning Technical Levels for Metals and Energy
| Commodity | Exchange | Contract | Trend | S2 | S1 | LTP | R1 | R2 |
| Gold | MCX | Oct | Sideways | 26250 | 26380 | 26500 | 26640 | 26800 |
| Spot Gold | Sideways | 1109 | 1115 | 1120 | 1126 | 1133 | ||
| Gold Hedge | NCDEX | Sept | Sideways | 23810 | 23935 | 24044 | 24170 | 24310 |
| Silver | MCX | Dec | Sideways | 34300 | 34700 | 35193 | 35600 | 36000 |
| Spot Silver | Sideways | 14.10 | 14.30 | 14.50 | 14.70 | 14.90 | ||
| Silver Hedge | NCDEX | Nov | Sideways | 31100 | 31507 | 32000 | 32407 | 32807 |
| Base Metal | ||||||||
| Copper | LME | Sideways | 5082 | 5130 | 5176 | 5215 | 5260 | |
| Copper | MCX | Nov | Sideways | 345 | 348 | 351.35 | 354 | 357 |
| Zinc | MCX | Sept | Down | 116.50 | 117.50 | 118.70 | 119.50 | 120.50 |
| Lead | MCX | Sept | Sideways | 110.00 | 111.00 | 111.90 | 113.00 | 114.00 |
| Aluminium | MCX | Sept | Up | 104.50 | 105.50 | 106.75 | 107.50 | 109.00 |
| Nickel | MCX | Sept | Down | 637 | 645 | 652.6 | 662 | 673 |
| Energy | ||||||||
| Crude Oil | MCX | Sept | Down | 2870 | 2910 | 2948 | 2990 | 3040 |
| Crude Oil | NYMEX | Oct | Down | 43.54 | 44.10 | 44.72 | 45.30 | 46.10 |
| Crude Oil | NCDEX | Sept | Down | 2915 | 2955 | 2993 | 3035 | 3085 |
| Brent Crude Oil | MCX | Sept | Down | 3166 | 3206 | 3244 | 3286 | 3336 |
| Brent Crude Oil | ICE | Oct | Down | 46.80 | 47.40 | 48.02 | 48.60 | 49.30 |
| Natural Gas | MCX | Sept | Down | 173 | 175 | 177.9 | 180 | 182 |
Recommendations
Crude Oil MCX Sept Contract
Intraday Strategy: Sell MCX Sept Crude Oil between 2990 – 3000, SL – 3040, Target – 2910 / 2900
Zinc MCX Sept Contract
Intraday Strategy: Sell MCX Sept Zinc between 119.40 – 119.60, SL – 120.50, Target – 117.50 / 117
Courtesy : Angel Commodities
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