Metals and Energy Technical Report - August 19, 2015 : Angel Commodities-Shanghai Metals Market

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Metals and Energy Technical Report - August 19, 2015 : Angel Commodities

Industry News 01:37:07PM Aug 19, 2015 Source:SMM

By Paul Ploumis 19 Aug 2015  Last updated at 00:37:01 GMT

Intraday Strategy: Sell MCX Sept Silver between 35050 – 35100, SL – 35400, Target – 34400 / 34300

Morning Technical Levels for Metals and Energy

CommodityExchangeContract TrendS2S1LTPR1R2
Gold  MCXOctSideways25800 25900 26008 26100 26200
Spot Gold 

Sideways1108 1112 1117 1121 1125
Gold Hedge  NCDEX SeptSideways23350 23450 23547 23630 23720
Silver  MCX Sept Down34100 34400 34794 35100 35400
Spot Silver

Down14.50 14.70 14.87 15.00 15.20
Silver Hedge  NCDEX Aug Down30520 30830 31220 31530 31820 
 Base Metal
 Copper 

Down4910 4940 5000 5030 5080
 Copper  MCX Aug Down325  327 330.9 333 336
 Zinc  MCX Aug Down113.50 114.50 115.70 116.50 117.50
 Lead  MCXAug Down108.00 109.00 110.25 111.00 112.00
 Aluminium  MCX Aug Sideways98.50 99.50 100.75 101.50 102.50
 Nickel MCX Aug Down662  670 679.8 685 695
 Energy
 Crude Oil  MCX AugDown2700 2740 2779 2820 2870
 Crude Oil  NYMEX SeptDown41.30 41.90 42.51 43.10 43.90
 Crude Oil  NCDEX AugDown2645 2690 2724 2765 2815
 Brent Crude OilMCX SeptDown3170 3210 3250 3290 3340
 Brent Crude OilICE OctDown47.40 48.00 48.60 49.20 49.90
 Natural GasMCX AugDown173 175 177.4 179 182

Recommendations

Silver MCX Sept Contract

Intraday Strategy: Sell MCX Sept Silver between 35050 – 35100, SL – 35400, Target – 34400 / 34300

Natural Gas MCX Aug Contract

 

 

Intraday Strategy: Sell MCX Aug Natural Gas between 179 – 180, SL – 182, Target – 175 / 174

 

Courtesy : Angel Commodities


Key Words:  base metal  base metals prices 

Metals and Energy Technical Report - August 19, 2015 : Angel Commodities

Industry News 01:37:07PM Aug 19, 2015 Source:SMM

By Paul Ploumis 19 Aug 2015  Last updated at 00:37:01 GMT

Intraday Strategy: Sell MCX Sept Silver between 35050 – 35100, SL – 35400, Target – 34400 / 34300

Morning Technical Levels for Metals and Energy

CommodityExchangeContract TrendS2S1LTPR1R2
Gold  MCXOctSideways25800 25900 26008 26100 26200
Spot Gold 

Sideways1108 1112 1117 1121 1125
Gold Hedge  NCDEX SeptSideways23350 23450 23547 23630 23720
Silver  MCX Sept Down34100 34400 34794 35100 35400
Spot Silver

Down14.50 14.70 14.87 15.00 15.20
Silver Hedge  NCDEX Aug Down30520 30830 31220 31530 31820 
 Base Metal
 Copper 

Down4910 4940 5000 5030 5080
 Copper  MCX Aug Down325  327 330.9 333 336
 Zinc  MCX Aug Down113.50 114.50 115.70 116.50 117.50
 Lead  MCXAug Down108.00 109.00 110.25 111.00 112.00
 Aluminium  MCX Aug Sideways98.50 99.50 100.75 101.50 102.50
 Nickel MCX Aug Down662  670 679.8 685 695
 Energy
 Crude Oil  MCX AugDown2700 2740 2779 2820 2870
 Crude Oil  NYMEX SeptDown41.30 41.90 42.51 43.10 43.90
 Crude Oil  NCDEX AugDown2645 2690 2724 2765 2815
 Brent Crude OilMCX SeptDown3170 3210 3250 3290 3340
 Brent Crude OilICE OctDown47.40 48.00 48.60 49.20 49.90
 Natural GasMCX AugDown173 175 177.4 179 182

Recommendations

Silver MCX Sept Contract

Intraday Strategy: Sell MCX Sept Silver between 35050 – 35100, SL – 35400, Target – 34400 / 34300

Natural Gas MCX Aug Contract

 

 

Intraday Strategy: Sell MCX Aug Natural Gas between 179 – 180, SL – 182, Target – 175 / 174

 

Courtesy : Angel Commodities


Key Words:  base metal  base metals prices