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Metals and Energy Technical Report - September 02, 2015 : Angel Commodities

iconSep 2, 2015 18:04
Source:SMM
Intraday Strategy: Sell MCX Nov Copper between 345 – 346, SL – 349, Target – 340

By   02 Sep 2015  Last updated at  01:54:25 GMT

Morning Technical Levels for Metals and Energy

CommodityExchangeContract TrendS2S1LTPR1R2
Gold MCXOctDown26600 26700 26833 26930 27050
Spot Gold 

Down1126.50 1132 1138.70 1144 1150
Gold Hedge NCDEX SeptDown24130 24220 24328 24420 24500
Silver MCX DecDown34650 35000 35333 35650 36000
Spot Silver

Down14.22 14.40 14.57 14.76 14.95
Silver Hedge NCDEX NovDown31100 31300 31583 31800 32000
 Base Metal
 Copper LME
Down5015  5045  5086  5110  5150
 Copper MCX NovDown338  340  343.25  345  349
 Zinc MCX SeptDown118.50  119.50  120.55  121.30  122.20
 Lead MCXSeptDown113.20  114.00  114.95  115.70  116.50
 Aluminium MCX SeptDown104.80  105.70  106.55  107.20  108.10
 NickelMCX SeptDown 632  640  650.80  660  670
 Energy
 Crude Oil MCX SeptDown2990 3020 3058 3090 3125
 Crude Oil NYMEX OctDown43.30 43.80 44.39 44.85 45.40
 Crude Oil NCDEX SeptDown3125 3160 32013240 3290
 Brent Crude OilMCX SeptDown3055 3085 3120 3165 3215
 Brent Crude OilICE OctDown47.40 48.00 48.69 49.30 50.00
 Natural GasMCX SeptSideways173 176 180.10 182 185

Recommendations

Copper MCX Nov Contract

Intraday Strategy: Sell MCX Nov Copper between 345 – 346, SL – 349, Target – 340

Crude Oil MCX Sept Contract

Intraday Strategy: Sell MCX Sept Crude Oil between 3085 – 3090, SL – 3125, Target – 3020

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


Gold
SIlver
Crude Oil
MCX
NCDEX
NYMEX
LME

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