[Metal Price] Metals and Energy Technical Report - august 04, 2015 : Angel Commodities-Shanghai Metals Market

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[Metal Price] Metals and Energy Technical Report - august 04, 2015 : Angel Commodities

Industry News 01:24:36PM Aug 04, 2015 Source:SMM

By   04 Aug 2015  Last updated at  01:04:16 GMT

 Morning Technical Levels for Metals and Energy

CommodityExchangeContract TrendS2S1LTPR1R2
Gold  MCXOctDown 24700 24800 24922 25050 25150
Spot Gold Down 1073 1078 1083 1089 1093
Gold Hedge  NCDEX SeptDown 22470 22570 22675 22790 22880
Silver  MCX Sept Down 32000 33200 33499 33700 34000
Spot SilverDown 13.80 14.30 14.42 14.50 14.60
Silver Hedge  NCDEX Aug Down 29060 30260 30558 30760 31060
 Base Metal
 Copper Down5090 5135 5176 5215 5260
 Copper  MCX Aug Down328 331 333.55 336 339
 Zinc  MCX Aug Down120.00 121.00 122.05 123.00 124.00
 Lead  MCXAug Down107.50 108.50 109.40 110.50 111.50
 Aluminium  MCX Aug Down100.50 101.50 102.55 103.50 104.50
 Nickel MCX Aug Down 680  688 693.9 700 707
 Energy
 Crude Oil  MCX AugSideways2840  2880 2918 2970 3020
 Crude Oil  NYMEX SeptSideways44.25 44.90 45.46 46.30 47.10
 Crude Oil  NCDEX AugSideways3090  3130 3169 3220 3270
 Brent Crude OilMCX AugSideways3290  3340 3376 3430 3480
 Brent Crude OilICE SeptSideways48.70 49.30 49.87 50.60 51.40
 Natural GasMCX AugSideways172  174 176.3 179 182

Recommendations

Silver MCX Sept Contract

Intraday Strategy: Sell MCX Sept Silver between 33700 – 33750, SL – 34000, Target – 33200 / 33100

Zinc MCX Aug Contract

Intraday Strategy: Sell MCX Aug Zinc between 122.90 – 123.10, SL – 124, Target – 121 / 120.80

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

[Metal Price] Metals and Energy Technical Report - august 04, 2015 : Angel Commodities

Industry News 01:24:36PM Aug 04, 2015 Source:SMM

By   04 Aug 2015  Last updated at  01:04:16 GMT

 Morning Technical Levels for Metals and Energy

CommodityExchangeContract TrendS2S1LTPR1R2
Gold  MCXOctDown 24700 24800 24922 25050 25150
Spot Gold Down 1073 1078 1083 1089 1093
Gold Hedge  NCDEX SeptDown 22470 22570 22675 22790 22880
Silver  MCX Sept Down 32000 33200 33499 33700 34000
Spot SilverDown 13.80 14.30 14.42 14.50 14.60
Silver Hedge  NCDEX Aug Down 29060 30260 30558 30760 31060
 Base Metal
 Copper Down5090 5135 5176 5215 5260
 Copper  MCX Aug Down328 331 333.55 336 339
 Zinc  MCX Aug Down120.00 121.00 122.05 123.00 124.00
 Lead  MCXAug Down107.50 108.50 109.40 110.50 111.50
 Aluminium  MCX Aug Down100.50 101.50 102.55 103.50 104.50
 Nickel MCX Aug Down 680  688 693.9 700 707
 Energy
 Crude Oil  MCX AugSideways2840  2880 2918 2970 3020
 Crude Oil  NYMEX SeptSideways44.25 44.90 45.46 46.30 47.10
 Crude Oil  NCDEX AugSideways3090  3130 3169 3220 3270
 Brent Crude OilMCX AugSideways3290  3340 3376 3430 3480
 Brent Crude OilICE SeptSideways48.70 49.30 49.87 50.60 51.40
 Natural GasMCX AugSideways172  174 176.3 179 182

Recommendations

Silver MCX Sept Contract

Intraday Strategy: Sell MCX Sept Silver between 33700 – 33750, SL – 34000, Target – 33200 / 33100

Zinc MCX Aug Contract

Intraday Strategy: Sell MCX Aug Zinc between 122.90 – 123.10, SL – 124, Target – 121 / 120.80

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