The document provides technical analysis and trading recommendations for various commodities traded on the MCX, NCDEX and international commodity exchanges. It identifies support and resistance levels and provides buy or sell signals. For example, it recommends selling MCX Jan Zinc around 883 levels with a target of 866/845 and stop loss of 897, as the commodity has resumed its bearish trend. It also recommends buying MCX Feb Natural Gas around 178 levels with a target of 191 levels and stop loss of 173 as the uptrend is intact.

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| Commodities |
DAILY TECH PICK
27 Jan 15
MCX Jan Zinc has resumed its privileged bearish
trend by violating its rising trend-line support. Now
the bias shifted on downside and further decline is
expecting towards 845 followed by 866 levels.
However, upside resistance resides at 883 levels.
Action Entry Target Stop
SELL Around 883 866/845 897
MCX Feb Natural Gas has formed a temporary
bottom at 170 levels by forming an “open
marabozu” candlestick pattern on daily charts. This
signifies that the uptrend has intact and further rally
can see towards 20 day EMA of 191 levels.
Action Entry Target Stop
BUY Around 178 191 173
NCDEX Feb Cocud; a “bearish engulfing” candlestick
pattern on daily charts renders that the trend
remains weak and further target would be around
1390 & 1363 levels. Hence, upside resistance pegged
at 1430 levels.
Action Entry Target Stop
SELL Around 1430 1390 1453

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I EQUITIES I
I Commodities I
DAILY TECH PICK
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Outlook & Intraday Strategy
Commodity Expiry S1 S2
Last
Trade
R1 R2 Intraday Recommendation
Gold 05'Feb 27740 27590 27864 27960 28065 Bearish Sell at R1 TGT S1 SL 28065
Silver 05'Mar 39650 39450 39965 40560 41075 Sideways Wait for call
Copper 27'Feb 336.40 332.00 341.35 343.00 347.00 Bearish Sell at R1 TGT S1 SL 347
Nickel 30'Jan 860 845 872.40 885 897.00 Bearish Sell at R1 TGT S1 SL 885
Zinc 30'Jan 127.30 126.10 128.40 129.20 130.40 Bearish Sell at R1 TGT S1 SL 130.40
Lead 30'Jan 111.00 109.80 112.25 112.90 114.10 Bearish Sell at R1 TGT S1 SL 114.10
Aluminum 30'Jan 111.00 109.70 112.30 113.00 114.15 Bearish Sell at R1 TGT S1 SL 114.15
Crude Oil 19'Feb 2811 2752 2837 2873 2910 Bearish
Sell below S1 TGT S2 SL
2873
Natural Gas 27'Jan 179.6 176.0 182.8 187.0 191.00 Bullish Buy at S1 TGT R1 SL 176
Mentha Oil 30'Jan 713 701.0 726.2 733.0 745.00 Bearish Sell at R1 TGT S1 SL 745
Cotton 30'Jan 13830 13670 13990 14080 14210 Bearish Sell at R1 TGT S1 SL 14210
Chana 20'Feb 3250 3188 3286 3331 3380 Bearish Sell at R1 TGT S2 SL 3380
Soya Bean 20'Feb 3298 3263 3334 3467 3503 Bearish Sell at R1 TGT S1 SL 3503
Soya Oil 20'Feb 613.3 608.0 616.20 622.5 628.9 Bearish Sell at R1 TGT S1 SL 628.90
RM Seed 20'Apr 3352 3310 3377 3400 3442 Bearish Sell at R1 TGT S1 SL 3442
Cocud cake 20'Feb 1402 1377 1419 1430 1452 Bearish Sell at R1 TGT S2 SL 1467
Jeera 20'Feb 15277 15130 15390 15560 15710 Bearish Sell at R1 TGT S1 SL 15710
Turmeric 20'Apr 8096 8010 8164 8212 8287 Bearish Sell at R1 TGT S2 SL 8287
Dhaniya 20'Apr 7895 7810 8060 8085 8190 Sideways Wait for call
Castor seed 20'Feb 4125 4064 4208 4237 4280 Bearish Sell at R1 TGT S1 SL 4280