The document provides intraday technical levels for various MCX commodities contracts for October 25, 2012. It lists the commodity, contract expiry date, previous day's close price, intraday trend, pivot point, and resistance and support levels. The pivot point is considered a trigger for intraday buys or sells. Resistance levels above the pivot point are R1, R2, R3, with support levels below the pivot listed as S1, S2, S3. The intraday trend is valid until the price trades above or below the pivot point. Sanjay Bhatia of Keynote Capital provides the analysis.
Keynote technicals commodity intraday levels for 251012
1. MCX Commodities Intra-day Technical Levels For - 25/10/12
Commodity Contract Close Intra Day Pivot Resistance Support
Symbol Expiry 23/10/12 Trend Point R1 R2 R3 S1 S2 S3
ALUMINI 31-Oct-12 103.80 UP 104 104 105 106 103 102 101
ALUMINI 30-Nov-12 104.95 UP 105 105 106 107 104 104 103
ALUMINI 31-Dec-12 106.30 UP 106 107 107 108 106 105 105
ALUMINI 31-Jan-13 107.05 DOWN 107 107 108 108 107 106 106
ALUMINIUM 31-Oct-12 103.80 UP 104 104 105 106 103 103 101
ALUMINIUM 30-Nov-12 105.00 UP 105 105 106 107 104 104 103
ALUMINIUM 31-Dec-12 105.85 DOWN 106 106 107 107 106 105 105
ALUMINIUM 31-Jan-13 106.95 DOWN 107 107 108 108 107 106 106
BRCRUDEOIL 12-Nov-12 5827.00 DOWN 5839 5878 5929 6019 5788 5749 5659
BRCRUDEOIL 13-Dec-12 5838.00 UP 5830 5851 5865 5900 5816 5795 5760
BRCRUDEOIL 15-Jan-13 5812.00 DOWN 5826 5876 5940 6054 5762 5712 5598
COPPER 30-Nov-12 427.40 UP 427 429 431 434 425 423 419
COPPER 28-Feb-13 433.25 UP 433 435 436 440 431 429 426
COPPER 30-Apr-13 435.95 DOWN 436 438 439 443 435 433 430
COPPERM 30-Nov-12 427.45 UP 427 429 431 435 425 423 419
COPPERM 28-Feb-13 433.20 UP 433 435 436 440 431 429 426
COPPERM 30-Apr-13 436.85 UP 436 438 440 444 435 433 429
CRUDEOIL 15-Nov-12 4649.00 DOWN 4658 4703 4757 4856 4604 4559 4460
CRUDEOIL 18-Dec-12 4695.00 DOWN 4705 4750 4805 4905 4650 4605 4505
CRUDEOIL 21-Jan-13 4748.00 DOWN 4758 4801 4854 4950 4705 4662 4566
CRUDEOIL 19-Feb-13 4804.00 DOWN 4814 4852 4901 4988 4765 4727 4640
CRUDEOIL 19-Mar-13 4833.00 DOWN 4855 4888 4943 5031 4800 4767 4679
CRUDEOIL 19-Apr-13 4891.00 DOWN 4899 4929 4966 5033 4862 4832 4765
GOLD 05-Dec-12 30845.00 DOWN 30898 30970 31094 31290 30774 30702 30506
GOLD 05-Feb-13 31192.00 DOWN 31243 31311 31430 31617 31124 31056 30869
GOLD 05-Apr-13 31583.00 DOWN 31591 31662 31741 31891 31512 31441 31291
GOLDGUINEA 31-Oct-12 24542.00 DOWN 24595 24670 24798 25001 24467 24392 24189
GOLDGUINEA 30-Nov-12 24800.00 DOWN 24847 24913 25026 25205 24734 24668 24489
GOLDGUINEA 31-Dec-12 24960.00 DOWN 24999 25061 25161 25323 24899 24837 24675
GOLDM 05-Nov-12 30647.00 DOWN 30699 30778 30909 31119 30568 30489 30279
GOLDM 05-Dec-12 30870.00 DOWN 30924 30997 31124 31324 30797 30724 30524
GOLDM 05-Jan-13 31036.00 DOWN 31093 31163 31291 31489 30965 30895 30697
GOLDPETAL 31-Oct-12 3091.00 DOWN 3100 3113 3135 3170 3078 3065 3030
GOLDPETAL 30-Nov-12 3117.00 DOWN 3122 3130 3142 3162 3110 3102 3082
GOLDPETAL 31-Dec-12 3135.00 DOWN 3139 3146 3157 3175 3128 3121 3103
GOLDPTLDEL 31-Oct-12 3143.00 UP 3118 3175 3206 3294 3087 3030 2942
GOLDPTLDEL 30-Nov-12 3139.00 DOWN 3142 3147 3156 3170 3133 3128 3114
GOLDPTLDEL 31-Dec-12 3152.00 DOWN 3154 3159 3165 3176 3148 3143 3132
LEAD 31-Oct-12 109.25 UP 109 110 110 111 108 108 106
LEAD 30-Nov-12 109.60 UP 109 110 111 112 109 108 107
LEAD 31-Dec-12 109.60 UP 110 110 110 111 109 109 108
LEAD 31-Jan-13 109.65 UP 110 110 110 111 109 109 108
LEADMINI 31-Oct-12 109.30 UP 109 110 110 111 109 108 107
LEADMINI 30-Nov-12 109.65 UP 109 110 111 112 109 108 107
LEADMINI 31-Dec-12 109.85 UP 110 110 111 111 109 109 108
LEADMINI 31-Jan-13 109.80 UP 110 110 111 111 109 109 108
NATURALGAS 26-Oct-12 188.50 DOWN 189 192 195 201 186 183 177
NATURALGAS 27-Nov-12 206.30 DOWN 207 210 213 219 203 200 194
NATURALGAS 26-Dec-12 213.60 DOWN 214 217 220 226 211 208 202
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2. MCX Commodities Intra-day Technical Levels For - 25/10/12
Commodity Contract Close Intra Day Pivot Resistance Support
Symbol Expiry 23/10/12 Trend Point R1 R2 R3 S1 S2 S3
NICKEL 31-Oct-12 883.30 UP 882 887 892 901 878 872 862
NICKEL 30-Nov-12 892.40 UP 891 896 900 910 887 882 872
NICKEL 31-Dec-12 901.90 UP 901 905 909 916 897 893 885
NICKEL 31-Jan-13 907.10 DOWN 907 910 912 917 905 902 897
NICKELM 31-Oct-12 883.30 UP 882 887 891 901 878 872 863
NICKELM 30-Nov-12 892.60 UP 891 897 901 910 887 882 872
NICKELM 31-Dec-12 902.40 UP 899 909 915 931 893 883 867
NICKELM 31-Jan-13 909.60 UP 908 913 917 925 905 900 892
SILVER 05-Dec-12 59000.00 DOWN 59136 59412 59824 60512 58724 58448 57760
SILVER 05-Mar-13 60830.00 DOWN 60965 61230 61630 62295 60565 60300 59635
SILVER 04-May-13 62417.00 DOWN 62539 62777 63138 63737 62178 61940 61341
SILVER1000 31-Oct-12 58615.00 DOWN 58805 59110 59605 60405 58310 58005 57205
SILVER1000 30-Nov-12 59048.00 DOWN 59226 59523 59997 60768 58752 58455 57684
SILVERM 30-Nov-12 59021.00 DOWN 59158 59433 59845 60532 58746 58471 57784
SILVERM 28-Feb-13 60851.00 DOWN 60990 61259 61668 62346 60581 60312 59634
SILVERM 30-Apr-13 62404.00 DOWN 62545 62801 63198 63851 62148 61892 61239
SILVERMIC 30-Nov-12 59024.00 DOWN 59159 59434 59843 60527 58750 58475 57791
SILVERMIC 28-Feb-13 60854.00 DOWN 60992 61252 61651 62310 60593 60333 59674
SILVERMIC 30-Apr-13 62398.00 DOWN 62558 62840 63283 64008 62115 61833 61108
STEELRPR 20-Dec-12 31160.00 UP 31153 31217 31273 31393 31097 31033 30913
STEELRPR 18-Jan-13 31430.00 UP 31420 31480 31530 31640 31370 31310 31200
ZINC 31-Oct-12 98.55 UP 98 99 99 100 98 97 96
ZINC 30-Nov-12 100.15 UP 100 101 101 102 99 99 98
ZINC 31-Dec-12 101.55 UP 101 102 102 103 101 100 99
ZINC 31-Jan-13 102.40 UP 102 103 103 103 102 102 102
ZINCMINI 31-Oct-12 98.55 UP 98 99 99 100 98 97 96
ZINCMINI 30-Nov-12 100.15 UP 100 101 101 102 99 99 98
Keynote Capitals Ltd.
The Ruby,
9th Floor,
Senapati Bapat Marg,
Dadar (W), Mumbai, India – 400028
Tel: 30266000 / 22694322
www.keynotecapitals.com
3. MCX Commodities Intra-day Technical Levels For - 25/10/12
Commodity Contract Close Intra Day Pivot Resistance Support
Symbol Expiry 23/10/12 Trend Point R1 R2 R3 S1 S2 S3
ZINCMINI 31-Dec-12 101.55 UP 101 102 102 103 101 100 99
ZINCMINI 31-Jan-13 102.55 UP 102 103 103 104 102 102 101
Sanjay Bhatia (AVP – Technical Research),
Email Id sanjay@keynotecapitals.net
Pivot Point: Intra- Day Trading Tool. - The key to the use of this tool is the use of Stop Loss
Intra Day Trend: It is valid only till the point where Price trades above Pivot Point. For Eg. “UP” would be valid till Price
remains above Pivot Point. It would become “DOWN” in event Price trades below Pivot Point.
Pivot Point (PP): This is a trigger point for Intra Day Buy / Sell based on the price range of the previous day.
R1: Resistance 1: 1st Resistance level over Pivot Point, R2: Resistance 2: Next Resistance level after R1.
R3: Resistance 3: Next Resistance level after R2.
S1: Support 1: 1st Support level after Pivot Point, S2: Support 2: Next Support level after S1.
S3: Support 3: Next Support level after S2.
Note: As per this tool, the trader should take BUY position just above the Pivot Point and keep the Pivot Point level as stop
loss and the first target would be R1 level (Resistance 1). If R1 is crossed then R2 (Resistance 2) becomes the next target
with the stop loss placed at R1 level. If R2 is crossed then R3 (Resistance 3) becomes the next target with the stop loss
placed at R2 level.
Similarly if price goes below the Pivot Point the trader should take a SELL position and keep the Pivot Point level as the
stop loss and the first target would be S1 level (Support 1). If S1 level is breached then S2 level (Support 2) becomes the
next target with the stop loss placed at S1 level. If S2 level is breached then S3 level (Support 3) becomes the next target
with the stop loss placed at S2 level.
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Keynote Capitals Ltd.
The Ruby,
9th Floor,
Senapati Bapat Marg,
Dadar (W), Mumbai, India – 400028
Tel: 30266000 / 22694322
www.keynotecapitals.com