Metals and Energy Technical Report - August 14, 2015 : Angel Commodities-Shanghai Metals Market

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Metals and Energy Technical Report - August 14, 2015 : Angel Commodities

Industry News 12:53:31PM Aug 14, 2015 Source:SMM

By Paul Ploumis 14 Aug 2015  Last updated at 00:44:52 GMT

Intraday Strategy: Sell MCX Aug Crude Oil between 2805 – 2815, SL – 2860, Target – 2710 / 2700

Morning Technical Levels for Metals and Energy

CommodityExchangeContract TrendS2S1LTPR1R2
Gold  MCXOctSideways25600 25750 25895 26000 26100
Spot Gold 

Sideways1099  1106 1112 1117 1121
Gold Hedge  NCDEX SeptSideways23210 23350 23479 23570 23660
Silver  MCX Sept Sideways35500 35700 36007 36300 36600
Spot Silver

Sideways15.10 15.25 15.35 15.40 15.60
Silver Hedge  NCDEX Aug Sideways32000 32200 32511 32800 33100
 Base Metal
 Copper 

Sideways5060 5110 5148 5180 5230
 Copper  MCX Aug Sideways334  337 339.75 342 345
 Zinc  MCX Aug Sideways117.50 118.50 119.75 120.50 121.50
 Lead  MCXAug Sideways111.50 112.50 113.55 114.50 115.50
 Aluminium  MCX Aug Up99.50 100.50 101.70 102.50 103.50
 Nickel MCX Aug Sideways665 676 683.6 692 702
 Energy
 Crude Oil  MCX AugDown2660  2710 2758 2810 2860
 Crude Oil  NYMEX SeptDown40.50 41.30 42.04 42.80 43.60
 Crude Oil  NCDEX AugDown2720  2770 2820 2870 2920
 Brent Crude OilMCX AugDown3150  3200 3250 3300 3350
 Brent Crude OilICE OctDown47.70 48.50 49.20 49.90 50.70
 Natural GasMCX AugUp178 181 183.5 186 189

Recommendations

Crude Oil MCX Aug Contract

Intraday Strategy: Sell MCX Aug Crude Oil between 2805 – 2815, SL – 2860, Target – 2710 / 2700

Aluminium MCX Aug Contract

Intraday Strategy: Buy MCX Aug Aluminium between 100.40 – 100.60, SL – 99.50, Target – 102.50 / 103

Courtesy : Angel Commodities


Key Words:  base metal  base metals prices 

Metals and Energy Technical Report - August 14, 2015 : Angel Commodities

Industry News 12:53:31PM Aug 14, 2015 Source:SMM

By Paul Ploumis 14 Aug 2015  Last updated at 00:44:52 GMT

Intraday Strategy: Sell MCX Aug Crude Oil between 2805 – 2815, SL – 2860, Target – 2710 / 2700

Morning Technical Levels for Metals and Energy

CommodityExchangeContract TrendS2S1LTPR1R2
Gold  MCXOctSideways25600 25750 25895 26000 26100
Spot Gold 

Sideways1099  1106 1112 1117 1121
Gold Hedge  NCDEX SeptSideways23210 23350 23479 23570 23660
Silver  MCX Sept Sideways35500 35700 36007 36300 36600
Spot Silver

Sideways15.10 15.25 15.35 15.40 15.60
Silver Hedge  NCDEX Aug Sideways32000 32200 32511 32800 33100
 Base Metal
 Copper 

Sideways5060 5110 5148 5180 5230
 Copper  MCX Aug Sideways334  337 339.75 342 345
 Zinc  MCX Aug Sideways117.50 118.50 119.75 120.50 121.50
 Lead  MCXAug Sideways111.50 112.50 113.55 114.50 115.50
 Aluminium  MCX Aug Up99.50 100.50 101.70 102.50 103.50
 Nickel MCX Aug Sideways665 676 683.6 692 702
 Energy
 Crude Oil  MCX AugDown2660  2710 2758 2810 2860
 Crude Oil  NYMEX SeptDown40.50 41.30 42.04 42.80 43.60
 Crude Oil  NCDEX AugDown2720  2770 2820 2870 2920
 Brent Crude OilMCX AugDown3150  3200 3250 3300 3350
 Brent Crude OilICE OctDown47.70 48.50 49.20 49.90 50.70
 Natural GasMCX AugUp178 181 183.5 186 189

Recommendations

Crude Oil MCX Aug Contract

Intraday Strategy: Sell MCX Aug Crude Oil between 2805 – 2815, SL – 2860, Target – 2710 / 2700

Aluminium MCX Aug Contract

Intraday Strategy: Buy MCX Aug Aluminium between 100.40 – 100.60, SL – 99.50, Target – 102.50 / 103

Courtesy : Angel Commodities


Key Words:  base metal  base metals prices