Metals and Energy Technical Report - August 26, 2015 : Angel Commodities-Shanghai Metals Market

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Metals and Energy Technical Report - August 26, 2015 : Angel Commodities

Industry News 10:57:47AM Aug 27, 2015 Source:SMM

By  Paul Ploumis 26 Aug 2015  Last updated at 01:12:21 GMT

Intraday Strategy: Buy MCX Aug Copper between 332-333, SL- 329, Target-339 / 340

Morning Technical Levels for Metals and Energy

CommodityExchangeContract TrendS2S1LTPR1R2
Gold MCXOctUp26450 26600 26740 26900 27050
Spot Gold 

Up1125 1131 1137 1144 1150
Gold Hedge NCDEX SeptUp23942 24080 24205 24350 24490
Silver MCX Sept Sideways33900 34300 34652 35000 35300
Spot Silver

Sideways14.30 14.50 14.61 14.70 14.88
Silver Hedge NCDEX Aug Sideways30680 31083 31435 31780 32080
 Base Metal
 Copper 

Sideways4935  4970 5032 5060 5110
 Copper MCX Aug Up329 333 336.85 339 342
 Zinc MCX Aug Sideways113.00 114.00 114.90 116.00 117.00
 Lead MCXAug Sideways108.50 109.50 110.80 111.50 113.00
 Aluminium MCX Aug Up100.00 101.00 101.95 103.00 104.00
 NickelMCX Aug Down619 627 634.9 644 655
 Energy
 Crude Oil MCX AugSideways2430 2570 2607 2650 2700
 Crude Oil NYMEX SeptSideways36.50 38.60 39.17 39.80 40.60
 Crude Oil NCDEX AugSideways2315 2455 2492 2535 2585
 Brent Crude OilMCX SeptSideways2940 3080 3120 3160 3210
 Brent Crude OilICE OctSideways40.70 42.60 43.17 43.70 44.40
 Natural GasMCX AugSideways171  173 175.9 178 181

Recommendations

Copper MCX Aug Contract

Intraday Strategy: Buy MCX Aug Copper between 332 – 333, SL – 329, Target – 339 / 340

Natural Gas MCX Aug Contract

Intraday Strategy: Sell MCX Aug Natural Gas between 177 – 178, SL – 181, Target – 173 / 172

Courtesy : Angel Commodities


Metals and Energy Technical Report - August 26, 2015 : Angel Commodities

Industry News 10:57:47AM Aug 27, 2015 Source:SMM

By  Paul Ploumis 26 Aug 2015  Last updated at 01:12:21 GMT

Intraday Strategy: Buy MCX Aug Copper between 332-333, SL- 329, Target-339 / 340

Morning Technical Levels for Metals and Energy

CommodityExchangeContract TrendS2S1LTPR1R2
Gold MCXOctUp26450 26600 26740 26900 27050
Spot Gold 

Up1125 1131 1137 1144 1150
Gold Hedge NCDEX SeptUp23942 24080 24205 24350 24490
Silver MCX Sept Sideways33900 34300 34652 35000 35300
Spot Silver

Sideways14.30 14.50 14.61 14.70 14.88
Silver Hedge NCDEX Aug Sideways30680 31083 31435 31780 32080
 Base Metal
 Copper 

Sideways4935  4970 5032 5060 5110
 Copper MCX Aug Up329 333 336.85 339 342
 Zinc MCX Aug Sideways113.00 114.00 114.90 116.00 117.00
 Lead MCXAug Sideways108.50 109.50 110.80 111.50 113.00
 Aluminium MCX Aug Up100.00 101.00 101.95 103.00 104.00
 NickelMCX Aug Down619 627 634.9 644 655
 Energy
 Crude Oil MCX AugSideways2430 2570 2607 2650 2700
 Crude Oil NYMEX SeptSideways36.50 38.60 39.17 39.80 40.60
 Crude Oil NCDEX AugSideways2315 2455 2492 2535 2585
 Brent Crude OilMCX SeptSideways2940 3080 3120 3160 3210
 Brent Crude OilICE OctSideways40.70 42.60 43.17 43.70 44.40
 Natural GasMCX AugSideways171  173 175.9 178 181

Recommendations

Copper MCX Aug Contract

Intraday Strategy: Buy MCX Aug Copper between 332 – 333, SL – 329, Target – 339 / 340

Natural Gas MCX Aug Contract

Intraday Strategy: Sell MCX Aug Natural Gas between 177 – 178, SL – 181, Target – 173 / 172

Courtesy : Angel Commodities