Metals and energy watch 23.09.11
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The document provides a daily market summary and trading recommendations for various commodities traded on the MCX exchange in India on September 23, 2011. It lists the commodity, current trend, and recommends either buying or selling various contracts at specific prices with stop-loss limits to target higher or lower prices. The commodities covered include gold, silver, copper, natural gas, crude oil, nickel, zinc, lead, and mentha oil. The report is from the research desk of Mansukh Securities and Finance Ltd and is intended for personal use by authorized recipients only.
Metals and energy watch 23.09.11
- 1. Metal and Energy Watch 23.09.2011 Date Exchange Commodity Trend Recommendation 23-Sep-11 Mcx Gold-October Sideways Sell around 28,050 with s/l above 28,120 for the tgt 27800/27,700 23-Sep-11 Mcx Silver-Dec Sideways Sell around 64,700.00 with s/l above 65,000.00 for the tgt 63,800/63,100 23-Sep-11 Mcx Copper-Nov Sideways Sell around 389 with s/l above 392 for the tgt 383.00/380.00 23-Sep-11 Mcx Natural-Gas Sep Sideways Buy around 182.00 with s/l below 179.00 for the tgt 186.00/189.00 23-Sep-11 Mcx Crude Oil- Oct Sideways Sell around 4210.00 with s/l above 4240.00 for the tgt 4150.00/4120.00 23-Sep-11 Mcx Nickle-Sep Sideways Sell around 960 with s/l above 970 for the tgt 930.00/920.00 23-Sep-11 Mcx Zinc-Sep Sideways Buy around 97.60 with s/l below 96.60 for the tgt 99.00/100.00 23-Sep-11 Mcx Lead-Sep Sideways Buy around 103.00 with s/l below 102.00 for the tgt 105.00/106.00 23-Sep-11 Mcx Mentha -Sep Sideways Buy around 1335.00 with s/l below 1323.00 for the tgt 1360.00/1380.00 Research Desk Phone: 9311111230 Email: research@moneysukh.com NAME DESIGNATION E-MAIL Anup Raj Commodity Research Analyst anupraj@moneysukh.com This report is for the personal information of the authorized recipient and does not construe to be any investment, legal or taxation advice to you. Mansukh Securities and Finance Ltd (hereinafter referred as MSFL) is not soliciting any action based on it. This report is not for public distribution and has been furnished to you solely for your information and should not be reproduced or redistributed to any person in any form. The report is based upon information that we consider reliable, but we do not represent that it is accurate or complete. MSFL or any of its affiliates or employees shall not be in any way responsible for any loss or damage that may arise to any person from any inadvertent error in the information contained in this report. MSFL or any of its affiliates or employees do not provide, at any time, any express or implied warranty of any kind, regarding any matter pertaining to this report, including without limitation the implied warranties of merchantability, fitness for a particular purpose, and non- infringement. The recipients of this report should rely on their own investigations. MSFL and/or its affiliates and/or employees may have interests/positions, financial or otherwise in the securities mentioned in this report. This information is subject to change without any prior notice. MSFL reserves the right to make modifications and alterations to this statement as may be required from time to time. Nevertheless, MSFL is committed to providing independent and transparent recommendations to its clients, and would be happy to provide information in response to specific client queries. Mansukh Securities and Finance Ltd SEBI Regn No. BSE: INB010985834 / NSE: INB230781431 Office: 306, Pratap Bhavan, 5, Bahadur Shah Zafar Marg, New Delhi-110002 PMS Regn No. INP000002387 Phone: 011-30123450/1/3/5 Fax: 011-30117710 Email: research@moneysukh.com Website: www.moneysukh.com