Metals and Energy Technical Report - September 07, 2015 : Angel Commodities-Shanghai Metals Market

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Metals and Energy Technical Report - September 07, 2015 : Angel Commodities

Industry News 01:15:07PM Sep 07, 2015 Source:SMM

By  Paul Ploumis 07 Sep 2015  Last updated at 00:56:59 GMT

Intraday Strategy: Buy MCX Dec Silver between 35000–35050, SL –34700, Target – 35700 / 35800

Morning Technical Levels for Metals and Energy

CommodityExchangeContract TrendS2S1LTPR1R2
Gold MCXOctSideways26280 26400 26532 26680 26800
Spot Gold 

Sideways1112 1117 1123 1129 1134
Gold Hedge NCDEX SeptSideways23790 23900 24025 24160 24270
Silver MCX DecSideways34700 35000 35388 35700 36100
Spot Silver

Sideways14.30 14.50 14.60 14.70 14.90
Silver Hedge NCDEX NovSideways30900 31205 31593 31900 32305
 Base Metal
 Copper LME
Sideways5060 5100 5155 5200 5240
 Copper MCX NovUp117.50 118.50 119.60 120.50 121.50
 Zinc MCX SeptSideways109.00 110.00 111.30 112.50 113.50
 Lead MCXSeptSideways105.50 106.50 107.40 108.50 109.50
 Aluminium MCX SeptUp105.50 106.50 107.40 108.50 109.50
 NickelMCX SeptSideways647 654 662.1 671 680
 Energy
 Crude Oil MCX SeptSideways3030 3070 3110 3160 3210
 Crude Oil NYMEX OctSideways44.40 45.00 45.65 46.40 47.10
 Crude Oil NCDEX SeptSideways2960 3000 3040 3090 3140
 Brent Crude OilMCX SeptSideways3160 3200 3244 3290 3340
 Brent Crude OilICE OctSideways47.90 48.50 49.17 49.90 50.70
 Natural GasMCX SeptSideways173 175 178.4 181 184

Recommendations

Silver MCX Dec Contract

Intraday Strategy: Buy MCX Dec Silver between 35000 – 35050, SL – 34700, Target – 35700 / 35800

Copper MCX Nov Contract

Copper MCX Nov Contract

Intraday Strategy: Buy MCX Nov Copper between 344 – 345, SL – 341, Target – 351 / 352

Courtesy : Angel Commodities


Key Words:  base metal  base metals prices 

Metals and Energy Technical Report - September 07, 2015 : Angel Commodities

Industry News 01:15:07PM Sep 07, 2015 Source:SMM

By  Paul Ploumis 07 Sep 2015  Last updated at 00:56:59 GMT

Intraday Strategy: Buy MCX Dec Silver between 35000–35050, SL –34700, Target – 35700 / 35800

Morning Technical Levels for Metals and Energy

CommodityExchangeContract TrendS2S1LTPR1R2
Gold MCXOctSideways26280 26400 26532 26680 26800
Spot Gold 

Sideways1112 1117 1123 1129 1134
Gold Hedge NCDEX SeptSideways23790 23900 24025 24160 24270
Silver MCX DecSideways34700 35000 35388 35700 36100
Spot Silver

Sideways14.30 14.50 14.60 14.70 14.90
Silver Hedge NCDEX NovSideways30900 31205 31593 31900 32305
 Base Metal
 Copper LME
Sideways5060 5100 5155 5200 5240
 Copper MCX NovUp117.50 118.50 119.60 120.50 121.50
 Zinc MCX SeptSideways109.00 110.00 111.30 112.50 113.50
 Lead MCXSeptSideways105.50 106.50 107.40 108.50 109.50
 Aluminium MCX SeptUp105.50 106.50 107.40 108.50 109.50
 NickelMCX SeptSideways647 654 662.1 671 680
 Energy
 Crude Oil MCX SeptSideways3030 3070 3110 3160 3210
 Crude Oil NYMEX OctSideways44.40 45.00 45.65 46.40 47.10
 Crude Oil NCDEX SeptSideways2960 3000 3040 3090 3140
 Brent Crude OilMCX SeptSideways3160 3200 3244 3290 3340
 Brent Crude OilICE OctSideways47.90 48.50 49.17 49.90 50.70
 Natural GasMCX SeptSideways173 175 178.4 181 184

Recommendations

Silver MCX Dec Contract

Intraday Strategy: Buy MCX Dec Silver between 35000 – 35050, SL – 34700, Target – 35700 / 35800

Copper MCX Nov Contract

Copper MCX Nov Contract

Intraday Strategy: Buy MCX Nov Copper between 344 – 345, SL – 341, Target – 351 / 352

Courtesy : Angel Commodities


Key Words:  base metal  base metals prices