Weekly commodity-report 01 july 2013

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COMMODITY WEEKLY REPORT i EPIC Research Report This Report contains all the study and strategy required by trader to trade on MCX commodities. Refer to the chart attracted in the Report to take proper Trading Decision. Research Analyst: Prateek Gupta INDEX WATCH: 1. MCX BULLIONS TECHNICAL CHARTS AND LEVELS (GOLD & SILVER) 2. MCX METALS TECHNICAL CHARTS AND LEVELS (COPPER & NICKEL) 3. MCX ENERGY TECHNICAL CHARTS AND LEVELS (CRUDEOIL & NATURAL GAS) 4. MCX BASE METALS TECHNICAL CHART AND LEVELS (LEAD & ALUMINIUM)

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Transcript of Weekly commodity-report 01 july 2013

Page 1: Weekly commodity-report 01 july 2013

COMMODITY WEEKLY REPORT

i

EPIC Research Report

This Report contains all the study and strategy required by trader to

trade on MCX commodities. Refer to the chart attracted in the Report

to take proper Trading Decision.

Research Analyst: Prateek Gupta

INDEX WATCH:

1. MCX BULLIONS TECHNICAL CHARTS AND LEVELS (GOLD & SILVER)

2. MCX METALS TECHNICAL CHARTS AND LEVELS (COPPER & NICKEL)

3. MCX ENERGY TECHNICAL CHARTS AND LEVELS (CRUDEOIL & NATURAL GAS)

4. MCX BASE METALS TECHNICAL CHART AND LEVELS (LEAD & ALUMINIUM)

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MCX Weekly Newsletter (1-JULY 2013)

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COMMODITY WEEKLY TECHICAL REPORT……!!!!

1-JULY-2013 TO 6-JULY-2013

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MCX Weekly Newsletter (1-JULY 2013)

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MCX BULLIONS WEEKLY TECHNICAL LEVELS

GOLD MCX DAILY CANDLESTICK CHART

TRADING STRATEGY: GOLD MCX may face some bounce back towards higher levels next week. Selling Can Resume Below 24500. Till it Beaks 24500 stay long on GOLD MCX for immediate Short Term. Immedaite Resistance @27420 and Support @28280

1. Sell GOLD MCX Below 25200 TGT 25000/24800 SL 25400 2. Buy GOLD MCX Above 25700 TGT 26000/26300 SL 25500

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MCX Weekly Newsletter (1-JULY 2013)

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SILVER MCX DAILY CANDLESTICK CHART

TRADING STRATEGY: SILVER MCX can be too volatile in the near term and hence avoid any huge Long or short position. Sell at higher levels should be done. Immediate Resistance @40750 and Support @38500

1. Sell SILVER MCX BeLow 38400 TGT 38000/37500 SL 38800 2. Buy SILVER MCX above 40800 TGT 41300/41700 SL 40500

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MCX BASE METALS WEEKLY TECHNICAL LEVELS

COPPER MCX DAILY CANDLESTICK CHART

TRADING STRATEGY: COPPER MCX is trading in short term down trend. Trading between Channel and till it breaks channel do not take any big Long or Short Position. Immediate Resistance @408 and Support @392

1. Sell COPPER MCX Below 392 TGT 388/385 SL 395 2. Sell COPPER MCX around 406 TGT 404/398 SL 408

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NICKEL MCX DAILY CANDLESTICK CHART

TRADING STRATEGY: NICKEL MCX is facing stiff Resistance at higher levels around 872 and has formed double top pattern and hence may face correction if sustains below 810. Immediate Resistance @850 and Support @810

1. Sell NICKEL MCX Below 785 TGT 770/750 SL 800 2. Buy NICKEL MCX above 830 TGT 840/860 SL 810

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NYMEX ENERGYWEEKLY TECHNICAL LEVELS

CRUDEOIL MCX DAILY CANDLESTICK CHART

TRADING STRATEGY: CRUDEOIL MCX last week has a strong bull run and can touch higher levels this week also. Any correction towards support levels can be buying opportunity. Immediate Resistance @5900 And Support @5720

1. Buy CRUDEOIL MCX above 5900 TGT 5950/6000 SL 5850 2. Sell CRUDEOIL MCX below 5700 TGT 5650/5600 SL 5750

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NATURAL GAS MCX DAILY CANDLESTICK CHART

TRADING STRATEGY: NATURAL GAS MCX is Trading near to minor support levels @215. And if Sustains below 210 may head towards 201. Immediate Resistance @225 and Support @214

1. Buy NG MCX Above 225 TGT 230/234 SL 221 2. Sell NG MCX below 210 TGT 206/201 SL 214

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MCX BASE METALS WEEKLY TECHNICAL LEVELS

LEAD MCX DAILY CANDLESTICK CHART

TRADING STRATEGY: LEAD MCX is tdading between channel patterna and Hence Sell on Rise and Buy on Dips is Recommended till it Breaks Channel Pattern. Immediate Resistance @123.50 and Support @118.70

1. Buy LEAD MCX above 125.50 TGT 127/128.50 SL 124 2. Sell LEAD MCX on rise @123 TGT 121/119.50 SL 124.50

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