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[Metal Price] Metals and Energy Technical Report - July 27, 2015 : Angel Commodities

iconJul 27, 2015 16:13
Source:SMM
Intraday Strategy: Buy MCX July Lead between 108.40 - 108.60, SL-107.50, Target - 110.50 / 110.70

By   27 Jul 2015  Last updated at  03:15:18 GMT

Intraday Strategy: Buy MCX July Lead between 108.40 - 108.60, SL-107.50, Target - 110.50 / 110.70

Morning Technical Levels for Metals and Energy

CommodityExchangeContract TrendS2S1LTPR1R2
Gold  MCX  Aug  Sideways24500 24600 24731 24860 25000
Spot Gold  Sideways1087 1091 1097 1103 1109
Gold Hedge  NCDEX  July  Sideways22140 22230 22349 22470 22590
Silver  MCX  Sept  Sideways33300 33500 33702 34000 34300
Spot Silver Sideways14.40 14.60 14.61 14.80 14.90
Silver Hedge  NCDEX  Aug  Sideways29800 30004 30206 30510 30805
 Base Metal
 Copper  LMESideways5140 5190 5240 5280 5330
 Copper  MCX  Aug Sideways334  337 340.25 343 346
 Zinc  MCX  JulySideways123.50 124.50 125.40 126.50 127.50
 Lead  MCX July Sideways107.50 108.50 109.50 110.50 111.50
 Aluminium  MCX  July Sideways101.50 102.50 103.25 104.20 105.20
 Nickel MCX  July Sideways710  718 726.7 733 741
 Energy
 Crude Oil  MCX  Aug Down 3000 3050 3098 3140 3190
 Crude Oil  NYMEX Sept Down 46.50 47.30 48.03 48.7049.50
 Crude Oil  NCDEX AugSideways3070 3120 3168 3210 3260
 Brent Crude OilMCX AugSideways3570 3615 3662 3710 3755
 Brent Crude OilICE SeptSideways53.15 53.90 54.61 55.2555.90
 Natural GasMCX July Sideways173 175 178.7 181 183

Recommendations

Lead MCX July Contract

Intraday Strategy: Buy MCX July Lead between 108.40 – 108.60, SL – 107.50, Target – 110.50 / 110.70

Natural Gas MCX July Contract

Intraday Strategy: Sell MCX July Natural Gas between 180.50 – 181, SL – 183, Target – 175 / 174.50

Courtesy : Angel Commodities

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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