Вы находитесь на странице: 1из 2

Daily Technical Report: Metals &Energy

09/03/2011

Exchange Expected
Symbols Expiry Close
Movement
S1 S2 R1 R2 Strategy Research Team

20830 20700 21100 21195 Buy around S1 with the Somnath Dey +91120-6795519
Gold MCX April’11 21022 Sideways
$1418 $1409 $1437 $1445 S/L below 28780 for the Vice President Research
Target of R1-R2. Somnath.dey@religare.in
Buy around S1 with the Ajitesh Mullick +91120-6795530
53450 53200 54220 54700 In-charge Agri
Silver MCX May’11 53563 Sideways S/L below S2 for the Target
$35.60 $35.25 $36.20 $36.60
of R1-R2. ajitesh.mullick@religare.in
Karun Verma +91120-6795521
Senior Analyst Commodity and Currency Retail
Buy around S1 with the Client
Copper MCX April’11 434 Sideways 429.60 425.50 437.10 440.20 S/L below S2 for the Target
Karun.verma@religare.in
of R1-R2.
Sugandha Sachdeva +91120-6795523
Buy around S1 with the Senior Analyst Commodity & Currency Private
Zinc MCX Mar’11 107.50 Sideways 106.30 105.40 108.50 109.70 S/L below S2 for the Target Client
of R1-R2.
2
sugandha.sachdeva@religare.in
Sell around R1 with the Dr Prasoon Mathur +91120-6795533
Aluminium MCX Mar’11 116.45 Sideways 115.70 114.80 117.40 118.10 S/L above R2 for the Target Senior Analyst Agri
of S1-S2. Prasoon.mathur@religare.in
Priyanka Mehra +91120-6795526
Buy around S1 with the Analyst Base Metals
Nickel MCX Mar’11 1220 Sideways 1209 1198 1235 1245 S/L below S2 for the Target priyanka.mehra@religare.in
of R1-R2.
Himanshu Arora +91120-6795522
Buy around S1 with the Analyst Precious Metals and Energy
Lead Mar’11 117.35 Sideways 116.05 115 118.20 119.40 S/L below S2 for the Target arora.himanshu@religare.in
MCX
of R1-R2.
Manash Goswami +91120-6795524
Sell around R1 with the Analyst Precious metals and Energy
Steellong NCDEX Mar’11 27240 Sideways 27050 26700 27400 27550 S/L above R2 for the Target manash.goswami@religare.in
of S1-S2. Amit Gupta +91120-6795528
Analyst Currency
gamit@religare.in
Ashwani Kumar Harit +91120-6795520
4670 4630 4755 4792 Buy around S1 with the
Crude oil MCX Mar’11 4725 Upwards S/L below S2 for the Target
Analyst Base Metals
$103.30 $102.50 $105.40 $106 ashwani.harit@religare.in
of R1-R2.

Buy around S1 with the


Natural Gas MCX Mar’11 178.60 Sideways 172 168.80 177.30 179.50 S/L below S2 for the Target
of R1-R2.

1
March 1
DISCLAIMER

Religare Commodities Limited (Religare) Research is aimed to service the clients of Religare. This document has been prepared by Religare. Affiliates of Religare may have issued other reports that are contrary with and reach
different conclusion from the information presented in this report. The views and opinions expressed in this document may or may not match or may be contrary with the views, estimates, rating and target price of the other
affiliates of Religare.
We are not soliciting any action based upon this material. This report is not to be construed as an offer to sell or the solicitation of an offer to buy any investment / contract in any jurisdiction where such an offer or solicitation
would be illegal. It is for the general information of clients of Religare. It does not constitute a personal recommendation or take into account the particular investment objectives, financial situations, or needs of individual cli-
ents. Not all customers may receive this report at the same time. Religare will not treat recipients as customers by virtue of their receiving this report. It should be noted that the information contained herein is from publicly
available data or other sources believed to be reliable. Neither Religare, nor any person connected with it, accepts any liability arising from the use of this document.
This document is not intended to be and must not be taken as the basis for any investment decision. The investment discussed or views expressed may not be suitable for all investors. The user assumes the entire risk of any use
made of this information. The recipients of this material should rely on their own investigations and take their own professional advice. Each recipient of this document should make such investigations as it deems necessary to
arrive at an independent evaluation of an investment referred to in this document (including the merits and risks involved), and should consult its own advisors to determine the merits and risks of such an investment. Price and
value of the investments referred to in this material may go up or down. Past performance is not a guide for future performance. Certain transactions -including those involving futures, options and other derivatives involve sub-
stantial risk and are not suitable for all investors. Reports based on technical analysis centers on studying charts of a price movement and trading volume, as opposed to focusing on fundamentals and as such, may not match
with a report on commodities fundamentals.
Opinions expressed are our current opinions as of the date appearing on this material only. We do not undertake to advise you as to any change of our views expressed in this document. While we would endeavor to update
the information herein on a reasonable basis, Religare, its subsidiaries and associated companies, their directors and employees are under no obligation to update or keep the information current. Also there may be regulatory,
compliance, or other reasons that may prevent Religare and affiliates from doing so. Prospective investors and others are cautioned that any forward-looking statements are not predictions and may be subject to change without
notice.
This report is not directed or intended for distribution to, or use by, any person or entity who is a citizen or resident of or located in any locality, state, country or other jurisdiction, where such distribution, publication, avail-
ability or use would be contrary to law, regulation or which would subject Religare and affiliates to any registration or licensing requirement within such jurisdiction. The investments described herein may or may not be eligi-
ble /permitted in all jurisdictions or to certain category of investors. Persons in whose possession this document may come are required to inform themselves of and to observe such restriction.
Religare and its affiliates, officers, directors, and employees may: (a) from time to time, have long or short positions in, and buy or sell the contracts thereof, in commodities / contracts mentioned herein or (b) be engaged in
any other activity involving such commodities / contracts and earn brokerage or other compensation or act as a market maker in the commodities / contracts discussed herein or act as advisor or lender / borrower or have other
potential conflict of interest with respect to any recommendation and related information and opinions. Without limiting any of the foregoing, in no event shall Religare, any of its affiliates or any third party involved in, or re-
lated to, computing or compiling the information have any liability for any damages of any kind.

REL/RCL/CRD/TM/07/00
ADDRESS
Commodities Research - Religare Commodities Limited
An ISO 9001:2008 Certified Company
Address: A-3,A-4,A-5,Plot No. 11,Fifth Floor, GYS Global, Sector -
125,Noida, U.P -201301
E-mail: metals.research@religare.in & agri.research@religare.in
Website: www.religarecommodities.com
For Corporate sales contact corporate.commodities@religare.in

2
March 2

Вам также может понравиться