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    Metal and Energy Tech Report November 12

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    Angel Broking
    This document provides a morning technical analysis report on commodities markets for metals and energy. It lists technical support and resistance levels for gold, silver, copper, zinc, lead, aluminum, nickel, crude oil, and natural gas contracts trading on the MCX and NYMEX exchanges. Intraday buy strategies are recommended for the MCX December gold contract between 31550-31580 with a stop loss of 31420 and target of 31780/31800. A similar intraday buy strategy is given for the MCX November crude oil contract between 4670-4680, with a stop loss of 4620 and target of 4770/4790.

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    Download as PDF, TXT or read online from Scribd

    Metal and Energy Tech Report November 12

    Uploaded by

    Angel Broking
    31 views2 pages
    This document provides a morning technical analysis report on commodities markets for metals and energy. It lists technical support and resistance levels for gold, silver, copper, zinc, lead, aluminum, nickel, crude oil, and natural gas contracts trading on the MCX and NYMEX exchanges. Intraday buy strategies are recommended for the MCX December gold contract between 31550-31580 with a stop loss of 31420 and target of 31780/31800. A similar intraday buy strategy is given for the MCX November crude oil contract between 4670-4680, with a stop loss of 4620 and target of 4770/4790.

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    This document provides a morning technical analysis report on commodities markets for metals and energy. It lists technical support and resistance levels for gold, silver, copper, zinc, lead, aluminum, nickel, crude oil, and natural gas contracts trading on the MCX and NYMEX exchanges. Intraday buy strategies are recommended for the MCX December gold contract between 31550-31580 with a stop loss of 31420 and target of 31780/31800. A similar intraday buy strategy is given for the MCX November crude oil contract between 4670-4680, with a stop loss of 4620 and target of 4770/4790.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    31 views2 pages

    Metal and Energy Tech Report November 12

    Uploaded by

    Angel Broking
    This document provides a morning technical analysis report on commodities markets for metals and energy. It lists technical support and resistance levels for gold, silver, copper, zinc, lead, aluminum, nickel, crude oil, and natural gas contracts trading on the MCX and NYMEX exchanges. Intraday buy strategies are recommended for the MCX December gold contract between 31550-31580 with a stop loss of 31420 and target of 31780/31800. A similar intraday buy strategy is given for the MCX November crude oil contract between 4670-4680, with a stop loss of 4620 and target of 4770/4790.

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    Commodities Daily Technical Report

    yt
    Monday | November 12, 2012

    Content
    Morning Technical Levels Strategy/Recommendations

    Anuj Gupta Sr. Technical Analyst [email protected] (022) 29212000 Extn. 6137

    Angel Commodities Broking Pvt. Ltd. Registered Office: G-1, Ackruti Trade Centre, Rd. No. 7, MIDC, Andheri (E), Mumbai - 400 093. Corporate Office: 6th Floor, Ackruti Star, MIDC, Andheri (E), Mumbai - 400 093. Tel: (022) 2921 2000 MCX Member ID: 12685 / FMC Regn No: MCX / TCM / CORP / 0037 NCDEX : Member ID 00220 / FMC Regn No: NCDEX / TCM / CORP / 0302

    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 [email protected]

    www.angelcommodities.com

    Commodities Daily Technical Report


    yt
    Monday | November 12, 2012

    Morning Technical Levels for Metals and Energy


    Commodity Bullions
    Gold Spot Gold Silver Spot Silver Base Metals LME Copper Copper Zinc Lead Aluminium Nickel Energy Crude Oil Crude Oil Natural Gas MCX NYMEX MCX Nov Dec Nov Up Up Sideways 4620 84.30 188 4670 85.21 190 4712 85.98 192.3 4770 87.04 195 4820 87.95 198.5 MCX MCX MCX MCX MCX Nov Nov Nov Nov Nov Sideways Up Up Up Sideways Sideways 7474 412 101.4 117.2 103.5 863 7528 414 102.2 118 104 870 7579 416.20 102.95 118.7 104.75 877.1 7618 418 103.5 119.5 105.5 884 7671 421 104.2 120.2 106.2 893 MCX Dec

    Exchange
    MCX

    Contract
    Dec

    Trend
    Up Up Up Up

    S2
    31420 1721 60100 32.13

    S1
    31580 1730 60500 32.35

    LTP
    31643 1733 60920 32.57

    R1
    31780 1741 61300 32.77

    R2
    31900 1747 61800 33.04

    Recommendations
    Gold MCX Dec Contract Crude Oil MCX Nov Contract

    Intraday Strategy: Buy MCX Dec Gold between 31550 31580, SL31420, Target 31780/31800

    Intraday Strategy: Buy MCX Nov Crude Oil between 4670 4680, SL- 4620, Target 4770 / 4790

    www.angelcommodities.com

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