Base Metals Technical Report - August 18, 2015 : Angel Commodities-Shanghai Metals Market

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Base Metals Technical Report - August 18, 2015 : Angel Commodities

Industry News 01:09:30PM Aug 18, 2015 Source:SMM

By  Paul Ploumis 18 Aug 2015  Last updated at  00:47:36 GMT

Intraday Strategy: Sell MCX Aug Lead between 113.40 – 113.60, SL – 114.50, Target – 111.50 / 111

Morning Technical Levels for Metals and Energy

CommodityExchangeContract TrendS2S1LTPR1R2
Gold  MCXOctSideways25800 25950 26032 26150 26250
Spot Gold 

Sideways1107 1113 1117 1122 1126
Gold Hedge  NCDEX SeptSideways23307 23443 23517 23624 23714
Silver  MCX Sept Sideways35200 35500 35814 36100 36400
Spot Silver

Sideways14.98 15.11 15.24 15.36 15.49
Silver Hedge  NCDEX Aug Sideways31448 31748 32062 32348 32648









 Base Metal

 Copper 

Sideways5002 5048 5101 5154 5200
 Copper  MCX Aug Sideways330 333 336.5 340 343
 Zinc  MCX Aug Down116.50 117.50 118.65 119.50 120.50
 Lead  MCXAug Down110.50 111.50 112.55 113.50 114.50
 Aluminium  MCX Aug Sideways99.50 100.50 101.25  102.20 103.00
 Nickel MCX Aug Sideways678 685 696.4 705 715









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


Base Metals Technical Report - August 18, 2015 : Angel Commodities

Industry News 01:09:30PM Aug 18, 2015 Source:SMM

By  Paul Ploumis 18 Aug 2015  Last updated at  00:47:36 GMT

Intraday Strategy: Sell MCX Aug Lead between 113.40 – 113.60, SL – 114.50, Target – 111.50 / 111

Morning Technical Levels for Metals and Energy

CommodityExchangeContract TrendS2S1LTPR1R2
Gold  MCXOctSideways25800 25950 26032 26150 26250
Spot Gold 

Sideways1107 1113 1117 1122 1126
Gold Hedge  NCDEX SeptSideways23307 23443 23517 23624 23714
Silver  MCX Sept Sideways35200 35500 35814 36100 36400
Spot Silver

Sideways14.98 15.11 15.24 15.36 15.49
Silver Hedge  NCDEX Aug Sideways31448 31748 32062 32348 32648









 Base Metal

 Copper 

Sideways5002 5048 5101 5154 5200
 Copper  MCX Aug Sideways330 333 336.5 340 343
 Zinc  MCX Aug Down116.50 117.50 118.65 119.50 120.50
 Lead  MCXAug Down110.50 111.50 112.55 113.50 114.50
 Aluminium  MCX Aug Sideways99.50 100.50 101.25  102.20 103.00
 Nickel MCX Aug Sideways678 685 696.4 705 715









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