[Base Metal]Metals and Energy Technical Report - august 06, 2015 : Angel Commodities

Published: Aug 6, 2015 15:50
Intraday Strategy: Sell MCX Aug Lead between 110.40-110.60, SL -111.50, Target -108.50 / 108.30

By   06 Aug 2015  Last updated at  00:58:23 GMT 

Intraday Strategy: Sell MCX Aug Lead between 110.40-110.60, SL -111.50, Target -108.50 / 108.30

Morning Technical Levels for Metals and Energy

CommodityExchangeContract TrendS2S1LTPR1R2
Gold  MCXOctSideways24400 24550 24691 24800 24950
Spot Gold Sideways1070  1077 1083 1088 1094
Gold Hedge  NCDEX SeptSideways22110 22245 22373 22470 22610
Silver  MCX Sept Sideways33000 33200 33479 33700 34000
Spot SilverSideways14.30 14.50 14.55 14.65 14.80
Silver Hedge  NCDEX Aug Sideways29545 29740 30025 30245 30540
 Base Metal
 Copper Down5080 5120 5171 5210 5255
 Copper  MCX Aug Down326 328 331.7 334 337
 Zinc  MCX Aug Down118.50 119.50 120.70 121.50 122.50
 Lead  MCXAug Down107.50 108.50 109.45 110.50 111.50
 Aluminium  MCX Aug Down109.00 100.00 100.90 112.00 113.00
 Nickel MCX Aug Down 678  685 692.3 700 708
 Energy
 Crude Oil  MCX AugSideways2800  2840 2888 2930 2990
 Crude Oil  NYMEX SeptSideways43.80 44.40 45.15 45.80 46.75
 Crude Oil  NCDEX AugSideways2890  2930 2984 3030 3085
 Brent Crude OilMCX AugSideways3155 3195 3241 3285 3345
 Brent Crude OilICE SeptSideways48.30 48.90 49.66 50.30 51.22
 Natural GasMCX AugSidewaysbase 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.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Indonesia Revokes Illegal Mining Permits in Protected Forests, Orders Swift Action
6 hours ago
Indonesia Revokes Illegal Mining Permits in Protected Forests, Orders Swift Action
Read More
Indonesia Revokes Illegal Mining Permits in Protected Forests, Orders Swift Action
Indonesia Revokes Illegal Mining Permits in Protected Forests, Orders Swift Action
[SMM Aluminum Express News] President Prabowo Subianto has ordered Energy and Mineral Resources Minister Bahlil Lahadalia to immediately revoke all illegal mining permits (IUP). The directive was given during a Cabinet Working Meeting at the State Palace on Wednesday, April 8, 2026. Prabowo instructed Bahlil to act swiftly on reports of hundreds of unclear or illegal mining permits operating inside protected forests. He also asked Forestry Minister Raja Juli Anthoni about the current condition of protected forests and emphasized the need for immediate action on illegal IUPs found in the field.
6 hours ago
SHFE Cast Aluminum Alloy Warrants Down by 121 mt on April 8
6 hours ago
SHFE Cast Aluminum Alloy Warrants Down by 121 mt on April 8
Read More
SHFE Cast Aluminum Alloy Warrants Down by 121 mt on April 8
SHFE Cast Aluminum Alloy Warrants Down by 121 mt on April 8
[SMM Update] SHFE data showed that on April 8, the total registered cast aluminum alloy warrants stood at 31,062 mt, a decrease of 121 mt from the previous trading day. Specifically, the total registered volume in Shanghai was 1,912 mt (unchanged), Guangdong 12,358 mt (unchanged), Jiangsu 3,541 mt (down 61 mt), Zhejiang 8,411 mt (down 60 mt), Chongqing 3,634 mt (unchanged), and Sichuan 1,206 mt (unchanged).
6 hours ago
Auto Parts Imports Drop 5.4% YoY to $1.47B in Feb, CAAM Reports
7 hours ago
Auto Parts Imports Drop 5.4% YoY to $1.47B in Feb, CAAM Reports
Read More
Auto Parts Imports Drop 5.4% YoY to $1.47B in Feb, CAAM Reports
Auto Parts Imports Drop 5.4% YoY to $1.47B in Feb, CAAM Reports
[CAAM: Import Value of Auto Parts Reached $1.47 Billion in February, Down 5.4% YoY] According to data from the General Administration of Customs compiled by CAAM, in February 2026, the import value of auto parts reached $1.47 billion, down 20.8% MoM and 5.4% YoY. From January to February 2026, the import value of auto parts was $3.32 billion, up 7.1% YoY.
7 hours ago