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[Metal Price] Metals and Energy Technical Report - July 30, 2015 : Angel Commodities

iconJul 30, 2015 14:47
Source:SMM
Intraday Strategy: Buy MCX Aug Aluminium between 104.50 – 104.80, SL – 103.40, Target – 106 / 106.50

By   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

CommodityExchangeContract TrendS2S1LTPR1R2
Gold  MCX  Aug Down 2450024600 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 SilverDown 14.40 14.60 14.70 14.80 14.95
Silver Hedge  NCDEX  Aug Down 29910 30215 30587 30810 31120
 Base Metal
 Copper Sideways5210  5245 5302 5340 5385
 Copper  MCX  Aug Sideways336  338 341.65 344 347
 Zinc  MCX  JulySideways124.00 125.00 125.85 127.00 128.00
 Lead  MCX July Sideways107.00 108.00 109.10 110.00 111.00
 Aluminium  MCX  July Sideways102.00 103.00 103.85 105.00 106.00
 Nickel MCX  July Down 700 707  715.8 724 732
 Energy
 Crude Oil  MCX  Aug Sideways3060 3100  3148 3190 3240
 Crude Oil  NYMEX SeptSideways47.50 48.20 48.96 49.60 50.40
 Crude Oil  NCDEX AugSideways3045 3085 3135 3180 3230
 Brent Crude OilMCX AugSideways3420 3460 3516 3560 3610
 Brent Crude OilICE SeptSideways52.45 53.05 53.77 54.40 55.20
 Natural GasMCX July Sideways178  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

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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