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Friday, October 30, 2009
TECHNICALS FOR NYMEX TRADE FOR oct 30 2009
OCT 30 FRIDAY
TRADING LEVELS FOR EVENING SESSION .
S1 RS 310.30 , S2 RS 309 , S3 RS 305.60
R1 RS 314.60 , R2 RS 316 , R3 RS 318.40
WAIT FOR CONFIRMATION .
TRADING LEVELS FOR EVENING SESSION .
S1 RS 310.30 , S2 RS 309 , S3 RS 305.60
R1 RS 314.60 , R2 RS 316 , R3 RS 318.40
WAIT FOR CONFIRMATION .
UPDATES FOR OCT 30 2009
OCT 30 FRIDAY
TRADING LEVELS FOR MORNING SESSION.
S1 RS 311.30 , S2 RS 308 , S3 RS 305.60
R1 RS 315.70 , R2 RS 317 , R3 RS 318.60
WAIT FOR CONFIRMATION .
TRADING LEVELS FOR MORNING SESSION.
S1 RS 311.30 , S2 RS 308 , S3 RS 305.60
R1 RS 315.70 , R2 RS 317 , R3 RS 318.60
WAIT FOR CONFIRMATION .
Thursday, October 29, 2009
CLOSING COMMENTARY FOR OCT 29 THURSDAY
Copper prices went up sharply after strong buying came
around the sup levels.Prices had a long candle and
have strong res of around 313 levels. A strong break
and close above this could have more upside till
315 - 318 levels. Storng sup is seen around 310 - 308.
Copper prices went up sharply after strong buying came
around the sup levels.Prices had a long candle and
have strong res of around 313 levels. A strong break
and close above this could have more upside till
315 - 318 levels. Storng sup is seen around 310 - 308.
Wednesday, October 28, 2009
UPDATES FOR OCT 28 2009
OCT 28 WEDNESDAY
TRADING LEVELS FOR MORNING SESSION
S1 RS 308.20 , S2 RS 306 , S3 RS 303.20
R1 RS 313.30 , R2 RS 315.60 , R3 RS 318
WAIT FOR CONFIRMATION .
TRADING LEVELS FOR MORNING SESSION
S1 RS 308.20 , S2 RS 306 , S3 RS 303.20
R1 RS 313.30 , R2 RS 315.60 , R3 RS 318
WAIT FOR CONFIRMATION .
Tuesday, October 27, 2009
CLOSING COMMENTARY FOR OCT 27 TUESDAY
Copper prices came down intially and recovered. Prices
trading between 308 - 313 levels. High volatile and
unclear trend is seen between these levels. Either
break out and close could decide further trend. Res
is seen around 312 - 313 levels and sup is seen
around 308 levels.
Copper prices came down intially and recovered. Prices
trading between 308 - 313 levels. High volatile and
unclear trend is seen between these levels. Either
break out and close could decide further trend. Res
is seen around 312 - 313 levels and sup is seen
around 308 levels.
UPDATES FOR OCT 27 2009
OCT 27 TUESDAY
TRADING LEVELS FOR MORNING SESSION
S1 RS 304.20 , S2 RS 306 , S3 RS 303.40
R1 RS 312 , R2 RS 314.60 , R3 RS 317
WAIT FOR CONFIRMATION .
TRADING LEVELS FOR MORNING SESSION
S1 RS 304.20 , S2 RS 306 , S3 RS 303.40
R1 RS 312 , R2 RS 314.60 , R3 RS 317
WAIT FOR CONFIRMATION .
Monday, October 26, 2009
UPDATES FOR OCT 26 2009
OCT 26 MONDAY
TRADING LEVELS FOFR MORNING SESSION .
S1 RS 309.30 , S2 RS 307 , S3 RS 304.30
R1 RS 313.60 , R2 RS 2=316 , R3 RS 318.40
WAIT FOR CONFIRMATION .
TRADING LEVELS FOFR MORNING SESSION .
S1 RS 309.30 , S2 RS 307 , S3 RS 304.30
R1 RS 313.60 , R2 RS 2=316 , R3 RS 318.40
WAIT FOR CONFIRMATION .
Friday, October 23, 2009
CLOSING COMMENTARY FOR OCT 23 FRIDAY
Copper prices trading firm but selling coming higher
levels makes it unable to sustain at higher levels.
Overall prices looks positive till 320 levels and
buy at dips advised. Strong sup is seen aruond 310 -
308 and strong level is 307. A close below this only
weak otherwise could target 315 - 318 - 320 levels.
Copper prices trading firm but selling coming higher
levels makes it unable to sustain at higher levels.
Overall prices looks positive till 320 levels and
buy at dips advised. Strong sup is seen aruond 310 -
308 and strong level is 307. A close below this only
weak otherwise could target 315 - 318 - 320 levels.
MKT ALERT AT 1.40 PM
MCX NOV COPPER : LOW RISK TRADERS BOOK PART PROFITS AT
311.50( BUY GIVEN AT 310 TO 310.50)/OTHERS HOLD FOR LEVELS.
311.50( BUY GIVEN AT 310 TO 310.50)/OTHERS HOLD FOR LEVELS.
UPDATES FOR OCT 23 2009
OCT 23 FRIDAY
TRADING LEVELS FOR MORNING SESSION .
S1 RS 307 , S2 RS 305.30 , S3 RS 303
R1 RS 311.60 ,R2 RS 313.70 , R3 RS 317
WAIT FOR CONFIRMATION .
TRADING LEVELS FOR MORNING SESSION .
S1 RS 307 , S2 RS 305.30 , S3 RS 303
R1 RS 311.60 ,R2 RS 313.70 , R3 RS 317
WAIT FOR CONFIRMATION .
Thursday, October 22, 2009
CLOSING COMMENTARY FOR OCT 22 THURSDAY
Copper prices trading highly rangebound between 308
- 310 levls closely. Prices unable to gain much
momemtum at higher levels as profit booking coming.
Prices still in positive zone and looks firm above 305
- 307 levels. Strong res is seen around 310 - 311 levels.
Overall now looks positive but today trnd was unclear .
Copper prices trading highly rangebound between 308
- 310 levls closely. Prices unable to gain much
momemtum at higher levels as profit booking coming.
Prices still in positive zone and looks firm above 305
- 307 levels. Strong res is seen around 310 - 311 levels.
Overall now looks positive but today trnd was unclear .
Wednesday, October 21, 2009
CLOSING COMMENTARY FOR OCT 21 WEDNESDAY
Copper prices went up sharply after the trend is changed
towards upside. Prices cant able to sustain below the
strong sup 298. Strong res seen around 310 and above
could test 315 levels. Prices could test 320 levels
if sustains this levels.Overall now looks positive now
to test more highs. Strong sup is at 305 - 303.
Copper prices went up sharply after the trend is changed
towards upside. Prices cant able to sustain below the
strong sup 298. Strong res seen around 310 and above
could test 315 levels. Prices could test 320 levels
if sustains this levels.Overall now looks positive now
to test more highs. Strong sup is at 305 - 303.
Market Alert - 12.50 PM 21 OCT
T1 Achieved in Copper at 301.50, Low risk traders book profit , others hold for given targets. Buy was initiated between 299.50. High risk traders can hold for T2 @ 303 and T3 $ 305. With given sl...
UPDATES FOR OCT 21 2009
OCT 21 WEDNESDAY
TRADING LEVELS FOR MORNING SESSION .
S1 RS 298 , S2 RS 296.30 , S3 RS 293
R1 RS 302 , R2 RS 304.70 , R3 RS 37
WAIT FOR CONFIRMATION .
TRADING LEVELS FOR MORNING SESSION .
S1 RS 298 , S2 RS 296.30 , S3 RS 293
R1 RS 302 , R2 RS 304.70 , R3 RS 37
WAIT FOR CONFIRMATION .
Tuesday, October 20, 2009
UPDATES FOR OCT 20 2009
OCT 20 TUESDAY
TRADING LEVELS FOR MORNING SESSION .
S1 RS 297.60 , S2 RS 294.20 , S3 RS 291.60
R1 RS 304.20 , R2 RS 306.80, R3 RS 308.90
WAIT FOR CONFIRMATION .
TRADING LEVELS FOR MORNING SESSION .
S1 RS 297.60 , S2 RS 294.20 , S3 RS 291.60
R1 RS 304.20 , R2 RS 306.80, R3 RS 308.90
WAIT FOR CONFIRMATION .
Monday, October 19, 2009
CLOSING COMMENTARY FOR OCT 19 MONDAY
Copper prices zoomed after a long time trading
nearly 4% in MCX. Prices with open low broken all
the key res levels of 292 - 293 then 295 - 298 levels.
Prices looks turning back again if closes above the
strong level of 298. Prices now could target 304
levels shortly. Ovearll now breaking all res levels
and shooting up.
Strong sup seen at 298 levels
Copper prices zoomed after a long time trading
nearly 4% in MCX. Prices with open low broken all
the key res levels of 292 - 293 then 295 - 298 levels.
Prices looks turning back again if closes above the
strong level of 298. Prices now could target 304
levels shortly. Ovearll now breaking all res levels
and shooting up.
Strong sup seen at 298 levels
MKT ALERT AT 6.10 PM
MCX NOV COPPER : T1 AND T2 ACH AT 295.80 / 297.80
( BUY AT 293) TRADERS BOOK PROFITS
( BUY AT 293) TRADERS BOOK PROFITS
Friday, October 16, 2009
Copper Update
Low Risk traders holding Copper Feb Intraday call can book profit upto 294.20, others hold for given targets.
Call Update
Low Risk traders book profit in Copper upto 292 buy was initiated yesterday at 290.50, Others hold for given targets.
Thursday, October 15, 2009
MKT ALERT AT 11 AM
MCX NOV COPPER : LOW RISK TRADERS BOOK PART PROFITS
AT 288.50 TO 288.20( SELL GIVEN AT 289.20 TO 289.50/PLS
NOTE 288 IS VERY STRONG SUPPORT.
AT 288.50 TO 288.20( SELL GIVEN AT 289.20 TO 289.50/PLS
NOTE 288 IS VERY STRONG SUPPORT.
Wednesday, October 14, 2009
mkt alert at 8.20 pm oct 14
Sell Mcx Nov Copper at 288.80 - 289.20 SL: abv: 292
TGT: 285/283.50 Cmp: 288.60 Trade less volumes.
TGT: 285/283.50 Cmp: 288.60 Trade less volumes.
Call update
Low Risk traders book profit in Copper upto 289.50 call was initiated between 290.80 - 291.20
Call update
Mcx Nov Copper Sell At 290.80 to 291.20 SL 295 TGT 285 CMP: 290.80 ( High Risk BC) Posted at 12.10 PM
Tuesday, October 13, 2009
Copper prices dropped heavily as we expected as the
medium term is negative. We expected only a close above
298 could move up otherwise prices could come down.Prices
down sharply and trading to its strong sup of 285 - 283
levels. Selling again may come around the highs of 288 -
290 levles if goes up. Below 280 more weakness could come.
Wait for confiramation.
medium term is negative. We expected only a close above
298 could move up otherwise prices could come down.Prices
down sharply and trading to its strong sup of 285 - 283
levels. Selling again may come around the highs of 288 -
290 levles if goes up. Below 280 more weakness could come.
Wait for confiramation.
lme for oct 13
>>> LME Alert >>>
>Copper> +575 MT
>Zinc> -1925 MT
>Lead> Unchanged
>Nickel> -180 MT
>Aluminium> -2425 MT
>Copper> +575 MT
>Zinc> -1925 MT
>Lead> Unchanged
>Nickel> -180 MT
>Aluminium> -2425 MT
Monday, October 12, 2009
CLOSING COMMENTARY FOR OCT 12 MONDAY
Copper again trading in red after it touches and
unable to trade or break the strong res of 295-50- 296
levels. Prices only above a break and close above
this could be positive for prices otherwise prices
could come down. Now prices trading between 292 - 296
levels. Prices need to confirm below 291 - 290 levels
or above 296 for futher confiramtion.
Copper again trading in red after it touches and
unable to trade or break the strong res of 295-50- 296
levels. Prices only above a break and close above
this could be positive for prices otherwise prices
could come down. Now prices trading between 292 - 296
levels. Prices need to confirm below 291 - 290 levels
or above 296 for futher confiramtion.
MKT ALERT AT 3.4 PM OCT 12
MCX OCT COPPER UPDATE: INTRADAY LOW RISK TRADERS BOOK PART
PROFITS AT 295.25( BUY GIVEN AT 294)/OTHERS HOLD FOR POSITION LEVELS.
PROFITS AT 295.25( BUY GIVEN AT 294)/OTHERS HOLD FOR POSITION LEVELS.
UPDATES FOR OCT 12 2009
OCT 12 MONDAY
TRADING LEVELS FOR MORNING SESSION
S1 RS 290.60 , 2 RS 287.60 , S3 RS 285.70
R1 RS 295.40 , R2 RS 297.70 , R3 RS 300
WAIT FOR CONFIRMATION .
TRADING LEVELS FOR MORNING SESSION
S1 RS 290.60 , 2 RS 287.60 , S3 RS 285.70
R1 RS 295.40 , R2 RS 297.70 , R3 RS 300
WAIT FOR CONFIRMATION .
Friday, October 9, 2009
TECHNICALS FOR NYMEX TRADE FOR OCT 9 2009
OCT 9 FRIDAY
TRADING LEVELS FOR EVENING SESSION ,
S1 RS 91.60 , S2 RS 289 , S3 RS 286.30
R1 RS 295.70 , R2 RS 297.30 , R3 RS 299.60
WAIT FOR CONFIRMATION .
TRADING LEVELS FOR EVENING SESSION ,
S1 RS 91.60 , S2 RS 289 , S3 RS 286.30
R1 RS 295.70 , R2 RS 297.30 , R3 RS 299.60
WAIT FOR CONFIRMATION .
UPDATES FOR OCT 9 2009
OCT 8 FRIDAY
TRADING LEVELS FOR MORNING SESSION .
S1 RS 293 , S2 RS 290.60 , S3 RS 288
R1 RS 296.30 , R2 RS 299.60 , R3 RS 302
WAIT FOR CONFIRMATION .
TRADING LEVELS FOR MORNING SESSION .
S1 RS 293 , S2 RS 290.60 , S3 RS 288
R1 RS 296.30 , R2 RS 299.60 , R3 RS 302
WAIT FOR CONFIRMATION .
Thursday, October 8, 2009
UPDATES FOR OCT 8 2009
OCT 8 THURSDAY
TRADING LEVELS FOR MORNING SESSION .
S1 RS 284.20 , S2 RS 282.60 , S3 RS 280
R1 RS 289.70 , R2 RS 291.60 , R3 RS 294
WAIT FOR CONFIRMATION .
TRADING LEVELS FOR MORNING SESSION .
S1 RS 284.20 , S2 RS 282.60 , S3 RS 280
R1 RS 289.70 , R2 RS 291.60 , R3 RS 294
WAIT FOR CONFIRMATION .
Wednesday, October 7, 2009
Copper prices range bound between 286 - 289. Prices trading
between these ranges as chinese markets holiday. Trend wilL
be confirmed only after chinese opens or this trend wil
continue. Strong res seen at 290 above could be positive
and below a close of 285 could be negative for prices
again. Wait for confirmation
between these ranges as chinese markets holiday. Trend wilL
be confirmed only after chinese opens or this trend wil
continue. Strong res seen at 290 above could be positive
and below a close of 285 could be negative for prices
again. Wait for confirmation
mkt alert at 11.40 am oct 7
mcx nov copper : low risk traders book part profits at
cmo 289.20/others hold for tgts.( buy given at 288)
cmo 289.20/others hold for tgts.( buy given at 288)
UPDATES FOR OCT 6 2009
OCT 6 WEDNESDAY
TRADING LEVELS FOR MORNING SESSION .
S1 RS 285.30 , S2 RS 283 , S3 RS 280.40
R1 RS 289.70 , R2 RS 291.60 , R3 RS 294
WAIT FOR CONFIRMATION .
TRADING LEVELS FOR MORNING SESSION .
S1 RS 285.30 , S2 RS 283 , S3 RS 280.40
R1 RS 289.70 , R2 RS 291.60 , R3 RS 294
WAIT FOR CONFIRMATION .
Tuesday, October 6, 2009
TECHNICALS FOR NYMEX TRADE FOR OCT 6 2009
OCT 6 TUESDAY
TRADING LEVELS FOR EVENING SESSION .
S1 RS 285 , S2 RS 282.70 , S3 RS 280
R1 RS 288.30 , R2 R S291.60 , R3 RS 294
WAIT FOR CONFIRMATION .
TRADING LEVELS FOR EVENING SESSION .
S1 RS 285 , S2 RS 282.70 , S3 RS 280
R1 RS 288.30 , R2 R S291.60 , R3 RS 294
WAIT FOR CONFIRMATION .
MKT ALERT AT 11.15 AM OCT 6
MCX COPPER UPDATE: STRONG ABV 287 WITH SUPPORT AT 284.50
AND CLD TEST 289 TO 290 LEVELS.
AND CLD TEST 289 TO 290 LEVELS.
UPDATES FOR OCT 6 2009
OCT 6 TUESDAY
TRADING LEVELS FOR MORNING SESSION.
S1 RS 283.60 ,S2 RS 280.70 , S3 RS 278
R1 RS 289 , R2 RS 291.30 , R3 RS 293.60
WAIT FOR CONFIRMATION .
TRADING LEVELS FOR MORNING SESSION.
S1 RS 283.60 ,S2 RS 280.70 , S3 RS 278
R1 RS 289 , R2 RS 291.30 , R3 RS 293.60
WAIT FOR CONFIRMATION .
Monday, October 5, 2009
MKT ALERT AT 5.40 PM OCT 5
Book Profits in Mcx Oct Nickel at Cmp: 824,
Nov Copper at Cmp 282.60 (Shorts Advised at 830-832, 823.30)
Nov Copper at Cmp 282.60 (Shorts Advised at 830-832, 823.30)
mkt alert at 5.50 pm oct 5
MCX Nov Copper low risk traders book part profits at
CMP Rs 282.30 to 282.40( sell given ay 283.30)./others
follow levels given.
CMP Rs 282.30 to 282.40( sell given ay 283.30)./others
follow levels given.
TECHNICALS FOR NYMEX TRADE FOR OCT 5 2009
OCT 5 MONDAY
TRADING LEVELS FOR EVENING SESSION .
S1 RS 280.30 , S2 RS 278 , S3 RS 275.60
R1 RS 285.80 , R2 RS 288 , R3 RS 291.30
WAIT FOR CONFIRMATION .
TRADING LEVELS FOR EVENING SESSION .
S1 RS 280.30 , S2 RS 278 , S3 RS 275.60
R1 RS 285.80 , R2 RS 288 , R3 RS 291.30
WAIT FOR CONFIRMATION .
UPDATES FOR OCT 5 2009
OCT 5 MONDAY
TRADING LEVELS FOR MORNING SESSION .
S1 RS 283.20 , S2 RS 280.10 , S3 RS 277.60
R1 RS 291.20 , R2 RS 293.80 , R3 RS 296.90
WAIT FOR CONFIRMATION .
TRADING LEVELS FOR MORNING SESSION .
S1 RS 283.20 , S2 RS 280.10 , S3 RS 277.60
R1 RS 291.20 , R2 RS 293.80 , R3 RS 296.90
WAIT FOR CONFIRMATION .
Thursday, October 1, 2009
CLOSING COMMENTARY FOR OCT 1 THURSDAY
Copper prices dropped nearly 3 % in MCX after selling
came at strong res of around 297 - 298 levels.
Prices still above the strong res of 287 - 288 levels.
Prices need to close above this. Need to watch these
levels for next move. If prices take sup around these
lvels could rebound.Only a close below 288 could be weak.
Copper prices dropped nearly 3 % in MCX after selling
came at strong res of around 297 - 298 levels.
Prices still above the strong res of 287 - 288 levels.
Prices need to close above this. Need to watch these
levels for next move. If prices take sup around these
lvels could rebound.Only a close below 288 could be weak.
TECHNICALS FOR NYMEX TRADE FOR OCT 1 2009
OCT 1 THURSDAY
TRADING LEVELS FOR EVENING SESSION .
S1 RS 293.60 , S2 RS 290.20 , S3 RS 288
R1 RS 296.20 , R2 RS 298.10 , R3 RS 300.60
WAIT FOR CONFIRMATION .
TRADING LEVELS FOR EVENING SESSION .
S1 RS 293.60 , S2 RS 290.20 , S3 RS 288
R1 RS 296.20 , R2 RS 298.10 , R3 RS 300.60
WAIT FOR CONFIRMATION .
UPDATES FOR OCT 1 2009
OCT 1 THURSDAY
TRADING LEVELS FOR MORNING SESSION .
S1 RS 295.30 , S2 RS 292.50 , S3 RS 290
R1 RS 299.30 , R2 RS 301 , R3 RS 303.60
WAIT FOR CONFIRMATION .
TRADING LEVELS FOR MORNING SESSION .
S1 RS 295.30 , S2 RS 292.50 , S3 RS 290
R1 RS 299.30 , R2 RS 301 , R3 RS 303.60
WAIT FOR CONFIRMATION .
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