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Metals and Energy Technical Report - September 08, 2015 : Angel Commodities

iconSep 8, 2015 15:01
Source:SMM
Intraday Strategy: Sell MCX Sept Crude Oil between 2990-3000, SL-3040, Target-2910 / 2900

By   08 Sep 2015  Last updated at  00:48:43 GMT

Intraday Strategy: Sell MCX Sept Crude Oil between 2990-3000, SL-3040, Target-2910 / 2900

Morning Technical Levels for Metals and Energy

CommodityExchangeContract TrendS2S1LTPR1R2
Gold MCXOctSideways26250 26380 26500 26640 26800
Spot Gold 

Sideways1109 1115 1120 1126 1133
Gold Hedge NCDEX SeptSideways23810 23935 24044 24170 24310
Silver MCX DecSideways34300 34700 35193 35600 36000
Spot Silver

Sideways14.10 14.30 14.50 14.70 14.90
Silver Hedge NCDEX NovSideways31100 31507 32000 32407 32807
 Base Metal
 Copper LME
Sideways5082 5130 5176 5215 5260
 Copper MCX NovSideways345 348 351.35 354 357
 Zinc MCX SeptDown116.50 117.50 118.70 119.50 120.50
 Lead MCXSeptSideways110.00 111.00 111.90 113.00 114.00
 Aluminium MCX SeptUp104.50 105.50 106.75 107.50 109.00
 NickelMCX SeptDown637  645 652.6 662 673
 Energy
 Crude Oil MCX SeptDown2870 2910 2948 2990 3040
 Crude Oil NYMEX OctDown43.54 44.10 44.72 45.30 46.10
 Crude Oil NCDEX SeptDown2915 2955 2993 3035 3085
 Brent Crude OilMCX SeptDown3166 3206 3244 3286 3336
 Brent Crude OilICE OctDown46.80 47.40 48.02 48.60 49.30
 Natural GasMCX SeptDown173  175 177.9 180 182

Recommendations

Crude Oil MCX Sept Contract

Intraday Strategy: Sell MCX Sept Crude Oil between 2990 – 3000, SL – 3040, Target – 2910 / 2900

Zinc MCX Sept Contract

Intraday Strategy: Sell MCX Sept Zinc between 119.40 – 119.60, SL – 120.50, Target – 117.50 / 117

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


Zinc
Crude Oil
MCX
NCDEX
NYMEX
LME

For queries, please contact Michael Jiang at michaeljiang@smm.cn

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