Metals and Energy Technical Report - September 10, 2015 : Angel Commodities-Shanghai Metals Market

Hot Keywords

  • Zinc
  • Nickel
  • MMi Iron Ore Port Index
  • Inventory data
  • Rare earths
  • Futures movement
  • Evening comments
  • Aluminium
  • Stainless steel spot
  • Morning comments
  • Copper
  • price
  • Sales data
  • SMM brief review
  • Operating rates

Metals and Energy Technical Report - September 10, 2015 : Angel Commodities

Industry News 01:14:50PM Sep 10, 2015 Source:SMM

By  Paul Ploumis 10 Sep 2015  Last updated at 00:53:56 GMT

Intraday Strategy: Buy MCX Sept Crude Oil between 3020-3030, SL-3080, Target – 2940 / 2930

Morning Technical Levels for Metals and Energy

CommodityExchangeContract TrendS2S1LTPR1R2
Gold MCXOctSideways25800 25900 26057 26200 26350
Spot Gold 

Sideways1094 1098 1105 1111 1117
Gold Hedge NCDEX SeptSideways23340 23430 23580 23700 23840
Silver MCX DecDown34500 34900 35294 35600 36000
Spot Silver

Down14.20 14.40 14.59 14.70 14.90
Silver Hedge NCDEX NovDown30800 31202 31596 31900 32300
 Base Metal
 Copper LME
Sideways5270 5320 5366 5400 5450
 Copper MCX NovSideways357 360 363.3 366 369
 Zinc MCX SeptSideways119.00 120.00 121.00 122.00 123.00
 Lead MCXSeptSideways112.00 113.00 114.15 115.00 116.00
 Aluminium MCX SeptUp106.00 107.00 108.05 109.00 110.00
 NickelMCX SeptSideways650 660 668 678 688
 Energy
 Crude Oil MCX SeptSideways2900 2940 2989 3030 3080
 Crude Oil NYMEX OctSideways42.21 42.80 43.51 44.11 44.83
 Crude Oil NCDEX SeptSideways2890 2930 2985 3020 3070
 Brent Crude OilMCX SeptSideways3150 3190 3244 3280 3330
 Brent Crude OilICE OctSideways46.10 46.60 47.40 48.00 48.70
 Natural GasMCX SeptDown172  174 176.9 178 181

Recommendations

Crude Oil MCX Sept Contract

Intraday Strategy: Buy MCX Sept Crude Oil between 3020 – 3030, SL – 3080, Target – 2940 / 2930

Silver MCX Dec Contract

Intraday Strategy: Sell MCX Dec Silver between 35550 – 35600, SL – 36000, Target – 34900 / 34800

Courtesy : Angel Commodities


Key Words:  base metals prices  base metal 

Metals and Energy Technical Report - September 10, 2015 : Angel Commodities

Industry News 01:14:50PM Sep 10, 2015 Source:SMM

By  Paul Ploumis 10 Sep 2015  Last updated at 00:53:56 GMT

Intraday Strategy: Buy MCX Sept Crude Oil between 3020-3030, SL-3080, Target – 2940 / 2930

Morning Technical Levels for Metals and Energy

CommodityExchangeContract TrendS2S1LTPR1R2
Gold MCXOctSideways25800 25900 26057 26200 26350
Spot Gold 

Sideways1094 1098 1105 1111 1117
Gold Hedge NCDEX SeptSideways23340 23430 23580 23700 23840
Silver MCX DecDown34500 34900 35294 35600 36000
Spot Silver

Down14.20 14.40 14.59 14.70 14.90
Silver Hedge NCDEX NovDown30800 31202 31596 31900 32300
 Base Metal
 Copper LME
Sideways5270 5320 5366 5400 5450
 Copper MCX NovSideways357 360 363.3 366 369
 Zinc MCX SeptSideways119.00 120.00 121.00 122.00 123.00
 Lead MCXSeptSideways112.00 113.00 114.15 115.00 116.00
 Aluminium MCX SeptUp106.00 107.00 108.05 109.00 110.00
 NickelMCX SeptSideways650 660 668 678 688
 Energy
 Crude Oil MCX SeptSideways2900 2940 2989 3030 3080
 Crude Oil NYMEX OctSideways42.21 42.80 43.51 44.11 44.83
 Crude Oil NCDEX SeptSideways2890 2930 2985 3020 3070
 Brent Crude OilMCX SeptSideways3150 3190 3244 3280 3330
 Brent Crude OilICE OctSideways46.10 46.60 47.40 48.00 48.70
 Natural GasMCX SeptDown172  174 176.9 178 181

Recommendations

Crude Oil MCX Sept Contract

Intraday Strategy: Buy MCX Sept Crude Oil between 3020 – 3030, SL – 3080, Target – 2940 / 2930

Silver MCX Dec Contract

Intraday Strategy: Sell MCX Dec Silver between 35550 – 35600, SL – 36000, Target – 34900 / 34800

Courtesy : Angel Commodities


Key Words:  base metals prices  base metal