[Base Metal]Metals and Energy Technical Report - august 03, 2015 : Angel Commodities

Published: Aug 3, 2015 14:48

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Intraday Strategy: Sell MCX Aug Copper between 338 – 339, SL – 342, Target – 332 / 330

Morning Technical Levels for Metals and Energy

Commodity Exchange Contract Trend S2 S1 LTP R1 R2

Gold MCX Oct Down 24800 24900 25009 25100 25200

Spot Gold Down 1084 1088 1093 1097 1101

Gold Hedge NCDEX Sept Down 22460 22550 22646 22730 22820

Silver MCX Sept Down 33600 33800 34025 34300 34600

Spot Silver Down 14.50 14.60 14.70 14.80 14.95

Silver Hedge NCDEX Aug Down 30130 30330 30558 30830 31133

Base Metal

Copper Down 5140 5160 5220 5260 5290

Copper MCX Aug Down 330 332 335.4 338 342

Zinc MCX Aug Down 121.00 122.00 122.90 124.00 125.00

Lead MCX Aug Down 107.00 108.00 109.10 110.00 111.00

Aluminium MCX Aug Down 101.00 102.00 102.90 104.00 105.00

Nickel MCX Aug Down 697 704 711.8 719 728

Energy

Crude Oil MCX Aug Sideways 2940 2980 3038 3080 3130

Crude Oil NYMEX Sept Sideways 45.30 45.90 46.79 47.40 48.20

Crude Oil NCDEX Aug Sideways 3070 3110 3169 3210 3260

Brent Crude Oil MCX Aug Sideways 3420 3460 3516 3560 3610

Brent Crude Oil ICE Sept Sideways 50.40 50.90 51.83 52.45 53.20

Natural Gas MCX Aug Sideways 170 172 174.8 177 180

Courtesy : Angel Commodities

base metal

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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