2. MCX Commodities Intra-day Technical Levels For - 21/12/12
Commodity Contract Close Intra Day Pivot Resistance Support
Symbol Expiry 20/12/12 Trend Point R1 R2 R3 S1 S2 S3
GOLDPTLDEL 28-Feb-13 3155.00 DOWN 3157 3184 3212 3267 3129 3102 3047
KAPAS 30-Mar-13 1014.80 DOWN 1016 1021 1026 1037 1010 1006 996
KAPAS 30-Apr-13 1025.10 DOWN 1027 1032 1039 1052 1020 1014 1002
KAPASKHALI 30-Apr-13 1565.00 DOWN 1565 1570 1575 1585 1560 1555 1545
KAPASKHALI 30-Mar-13 1527.50 UP 1526 1536 1544 1562 1518 1508 1490
KAPASKHALI 28-Feb-13 1491.50 UP 1489 1502 1512 1534 1479 1467 1444
KAPASKHALI 31-Dec-12 1426.50 UP 1425 1436 1446 1467 1415 1404 1383
KAPASKHALI 31-Jan-13 1453.50 UP 1453 1464 1475 1497 1442 1431 1409
LEAD 28-Mar-13 126.95 DOWN 127 127 128 128 127 126 126
LEAD 28-Feb-13 127.00 UP 127 127 128 129 126 126 125
LEAD 31-Jan-13 126.70 UP 127 127 128 129 126 126 125
LEAD 31-Dec-12 126.50 UP 126 127 128 129 126 125 124
LEADMINI 28-Mar-13 126.75 DOWN 127 127 128 129 126 126 125
LEADMINI 28-Feb-13 126.80 UP 127 127 128 129 126 126 125
LEADMINI 31-Jan-13 126.60 UP 127 127 127 128 126 126 125
LEADMINI 31-Dec-12 126.45 UP 126 127 127 129 126 125 124
MENTHAOIL 30-Mar-13 1378.20 DOWN 1383 1390 1403 1422 1371 1364 1344
MENTHAOIL 28-Feb-13 1382.50 DOWN 1384 1392 1402 1419 1375 1367 1349
MENTHAOIL 31-Jan-13 1377.40 DOWN 1380 1389 1400 1420 1369 1360 1340
MENTHAOIL 31-Dec-12 1362.90 DOWN 1365 1375 1387 1410 1353 1343 1321
NATURALGAS 25-Feb-13 194.20 UP 193 197 200 206 190 186 180
NATURALGAS 28-Jan-13 192.20 UP 191 195 198 205 188 184 177
NATURALGAS 26-Dec-12 188.70 UP 188 192 195 203 184 180 172
NICKEL 28-Mar-13 976.00 DOWN 976 982 987 998 971 965 955
NICKEL 28-Feb-13 967.50 DOWN 970 976 984 999 961 955 940
NICKEL 31-Jan-13 962.40 DOWN 963 971 979 994 955 948 933
NICKEL 31-Dec-12 956.60 DOWN 958 966 976 994 948 939 921
NICKELM 28-Mar-13 976.40 UP 976 982 987 998 971 965 954
NICKELM 28-Feb-13 968.70 DOWN 970 976 984 998 962 956 942
NICKELM 31-Jan-13 962.40 DOWN 964 971 979 995 955 948 933
NICKELM 31-Dec-12 956.60 DOWN 958 966 975 992 949 941 924
POTATO 15-Apr-13 679.70 UP 677 683 686 696 674 668 659
POTATO 15-Mar-13 715.20 UP 713 718 721 730 710 704 696
POTATO 15-May-13 679.40 UP 677 683 687 698 673 667 656
SILVER 05-Jul-13 60149.00 DOWN 60897 61832 63516 66135 59213 58278 55659
SILVER 04-May-13 58660.00 DOWN 59506 60446 62233 64960 57719 56779 54052
SILVER 05-Mar-13 57351.00 DOWN 58163 59102 60854 63545 56411 55472 52781
SILVER1000 28-Feb-13 57750.00 DOWN 58250 59499 61248 64246 56501 55252 52254
SILVER1000 31-Jan-13 56844.00 DOWN 57415 59204 61565 65715 55054 53265 49115
SILVER1000 31-Dec-12 56064.00 DOWN 56690 57825 59585 62480 54930 53795 50900
SILVERM 29-Jun-13 60044.00 DOWN 60881 61813 63581 66281 59113 58181 55481
SILVERM 30-Apr-13 58696.00 DOWN 59542 60489 62281 65020 57750 56803 54064
SILVERM 28-Feb-13 57395.00 DOWN 58196 59131 60867 63538 56460 55525 52854
SILVERMIC 29-Jun-13 60067.00 DOWN 60916 61855 63644 66372 59127 58188 55460
SILVERMIC 30-Apr-13 58714.00 DOWN 59545 60489 62265 64985 57769 56825 54105
SILVERMIC 28-Feb-13 57397.00 DOWN 58197 59132 60866 63535 56463 55528 52859
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 - 21/12/12
Commodity Contract Close Intra Day Pivot Resistance Support
Symbol Expiry 20/12/12 Trend Point R1 R2 R3 S1 S2 S3
STEELRPR 20-Mar-13 31650.00 DOWN 31693 31997 32343 32993 31347 31043 30393
STEELRPR 20-Dec-12 29560.00 DOWN 29837 30073 30587 31337 29323 29087 28337
STEELRPR 20-Feb-13 31180.00 UP 31177 31403 31627 32077 30953 30727 30277
STEELRPR 18-Jan-13 30760.00 DOWN 30790 30950 31140 31490 30600 30440 30090
ZINC 28-Mar-13 113.40 DOWN 114 114 115 115 113 113 112
ZINC 28-Feb-13 113.10 DOWN 113 114 114 115 113 112 111
ZINC 31-Jan-13 112.70 UP 113 113 114 115 112 112 110
ZINC 31-Dec-12 111.90 UP 112 112 113 114 111 111 109
ZINCMINI 28-Mar-13 113.70 UP 114 114 114 115 113 113 112
ZINCMINI 28-Feb-13 113.15 DOWN 113 114 114 115 113 112 111
ZINCMINI 31-Jan-13 112.70 UP 113 113 114 115 112 112 111
ZINCMINI 31-Dec-12 111.90 UP 112 112 113 114 111 111 109
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
