TECHNICALS FOR NYMEX TRADE FOR FEB 17 2012

FRIDAY

TRADING LEVELS FOR EVENING SESSION


S1 RS 410.80 , S2 RS 407.60 , S3 RS 404.40

R1 RS 416.20 , R2 RS 420.80 , R3 RS 424.50

MARKET ALERT ON FEB 17 FRIDAY 6.20 PM IST

Base metals showed some bounce and again coming down

Copper Res now at Rs 418.50

Support at Rs 412 / 410


Nickel Remains weak below Rs 995 , Positional Res above Rs 1011

Support at Rs 980 / 970

LME COPPER DN 4750/NICKEL DN 552/ALU UP 2675/ZINC DN 50/LEAD DN 2225/

trading call given at 1.30pm

mcx copper sell 414.40-414.70 sl abv 416.60 tgt 412-410

trading call given at 1.30pm

mcx copper sell 414.40-414.70 sl abv 416.60 tgt 412-410

MRKT ALERT

MCX Feb Copper book part profits upto 413.3, Sell given at 414.2.

MRKT ALERT

Sell Copper Feb between 414.4 - 414.7 SL above 416.6 T1 412 T2 410.