2. MCX Commodities Intra-day Technical Levels For - 26/11/12
Commodity Contract Close Intra Day Pivot Resistance Support
Symbol Expiry 24/11/12 Trend Point R1 R2 R3 S1 S2 S3
GOLDPTLDEL 30-Nov-12 3277.00 UP 3259 3338 3398 3537 3199 3120 2981
KAPAS 30-Mar-13 955.30 DOWN 957 960 964 971 953 950 943
KAPAS 30-Apr-13 966.00 DOWN 967 970 974 981 963 960 953
KAPASKHALI 30-Mar-13 1495.00 UP 1494 1499 1502 1510 1491 1486 1478
KAPASKHALI 30-Apr-13 1506.50 DOWN 1508 1515 1524 1540 1499 1492 1476
KAPASKHALI 28-Feb-13 1469.00 DOWN 1472 1479 1488 1504 1463 1456 1440
KAPASKHALI 31-Jan-13 1446.00 DOWN 1451 1457 1468 1485 1440 1434 1417
KAPASKHALI 31-Dec-12 1432.50 DOWN 1437 1441 1450 1463 1428 1424 1411
LEAD 28-Feb-13 121.80 UP 122 122 122 122 122 122 121
LEAD 31-Jan-13 121.80 DOWN 122 122 123 123 122 121 120
LEAD 31-Dec-12 121.95 DOWN 122 122 123 124 122 121 120
LEAD 30-Nov-12 122.05 DOWN 122 123 123 124 122 121 120
LEADMINI 28-Feb-13 121.85 DOWN 122 122 122 123 122 121 121
LEADMINI 31-Jan-13 121.80 DOWN 122 122 123 123 122 121 121
LEADMINI 31-Dec-12 121.95 DOWN 122 122 123 124 122 121 121
LEADMINI 30-Nov-12 122.05 DOWN 122 123 123 124 122 121 120
MENTHAOIL 28-Feb-13 1332.50 DOWN 1336 1359 1385 1435 1309 1286 1237
MENTHAOIL 31-Jan-13 1339.10 DOWN 1348 1363 1388 1427 1324 1309 1270
MENTHAOIL 31-Dec-12 1326.90 DOWN 1337 1353 1380 1423 1310 1294 1251
MENTHAOIL 30-Nov-12 1311.10 DOWN 1321 1338 1365 1408 1294 1278 1234
NATURALGAS 28-Jan-13 225.80 UP 226 226 226 227 226 225 225
NATURALGAS 26-Dec-12 223.80 DOWN 224 224 224 225 224 223 223
NATURALGAS 27-Nov-12 215.80 UP 216 216 216 217 215 215 215
NICKEL 28-Feb-13 944.40 DOWN 944 944 944 944 944 944 944
NICKEL 31-Jan-13 937.20 UP 937 938 938 939 937 936 935
NICKEL 31-Dec-12 928.50 DOWN 929 930 932 935 927 926 923
NICKEL 30-Nov-12 920.60 DOWN 921 922 924 926 920 918 916
NICKELM 28-Feb-13 945.90 DOWN 946 947 948 950 945 944 942
NICKELM 31-Jan-13 937.40 DOWN 949 961 985 1022 925 912 876
NICKELM 31-Dec-12 928.60 DOWN 929 930 931 934 927 926 924
NICKELM 30-Nov-12 920.50 DOWN 921 922 923 926 920 919 916
POTATO 15-Apr-13 705.50 DOWN 706 707 708 710 705 704 702
POTATO 15-May-13 719.50 UP 718 724 728 738 713 707 697
POTATO 15-Mar-13 730.20 UP 730 732 735 739 728 725 720
SILVER 04-May-13 66926.00 UP 66902 67104 67282 67662 66724 66522 66142
SILVER 05-Mar-13 65307.00 DOWN 65386 65613 65918 66450 65081 64854 64322
SILVER 05-Dec-12 63271.00 DOWN 63337 63567 63862 64387 63042 62812 62287
SILVER1000 31-Jan-13 63800.00 DOWN 63800 63801 63801 63802 63800 63799 63798
SILVER1000 31-Dec-12 63573.00 DOWN 63591 63682 63791 63991 63482 63391 63191
SILVER1000 30-Nov-12 63269.00 UP 63227 63495 63720 64213 63002 62734 62241
SILVERM 30-Apr-13 66787.00 DOWN 66848 67039 67290 67732 66597 66406 65964
SILVERM 28-Feb-13 65332.00 DOWN 65394 65623 65913 66432 65104 64875 64356
SILVERM 30-Nov-12 63258.00 DOWN 63328 63554 63850 64372 63032 62806 62284
SILVERMIC 30-Apr-13 66791.00 DOWN 66847 67083 67375 67903 66555 66319 65791
SILVERMIC 28-Feb-13 65335.00 DOWN 65397 65630 65925 66453 65102 64869 64341
SILVERMIC 30-Nov-12 63254.00 DOWN 63326 63553 63851 64376 63028 62801 62276
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 - 26/11/12
Commodity Contract Close Intra Day Pivot Resistance Support
Symbol Expiry 24/11/12 Trend Point R1 R2 R3 S1 S2 S3
STEELRPR 18-Jan-13 30090.00 DOWN 30097 30143 30197 30297 30043 29997 29897
STEELRPR 20-Dec-12 29830.00 UP 29823 29907 29983 30143 29747 29663 29503
ZINC 28-Feb-13 110.05 DOWN 110 110 110 110 110 110 110
ZINC 31-Jan-13 109.55 DOWN 110 110 110 110 109 109 109
ZINC 31-Dec-12 108.65 DOWN 109 109 109 110 108 108 108
ZINC 30-Nov-12 107.80 DOWN 108 108 108 109 108 107 107
ZINCMINI 28-Feb-13 110.15 DOWN 110 110 111 111 110 110 109
ZINCMINI 31-Jan-13 109.50 DOWN 110 110 110 110 109 109 109
ZINCMINI 31-Dec-12 108.65 DOWN 109 109 109 110 108 108 108
ZINCMINI 30-Nov-12 107.80 DOWN 108 108 108 109 108 107 107
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
