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Thursday, December 31, 2009

TECHNICALS FOR NYMEX TRADE FOR DEC 31 2009

DEC 31 FRIDAY

TRADING LEVELS FOR EVENING SESSION .

S1 RS 343.60 , S2 RS 341 , S3 RS 339

R1 RS 348.20 , R2 RS 350.60 , R3 RS 353

WAIT FOR CONFIRMATION .

MRKT ALERT 2.30 PM

LME Inventory Update Copper +6375MT Lead +425MT Zinc +1775MT Nickel +4074MT Aluminium +475MT Tin -80MT

UPDATES FOR DEC 31 2009

DEC 31 THURSDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 342.80 , S2 RS 340 , S3 RS 338

R1 RS 347.60 , R2 RS 349.60 , R3 RS 351

WAIT FOR CONFIRMATION .

Wednesday, December 30, 2009

MARKET ALERT ON DEC 30 WEDNESDAY

MCX Jan Aluminium looks weak below Rs 105.30 , it has

support at Rs 103.60, Res is seen above Rs 106.45 .

THESE ARE LEVELS ONLY .
CLOSING COMMENTARY FOR DEC 30 WEDNESDAY

Copper prices test new high after breaking the strong level of

343. A close above this seems positive for prices till 347 -

350 levels. Strong sup seen at 340 - 338.

Looks firm above 343 .
MARKET ALERT ON DEC 30 WEDNESDAY 7.40 PM IST

MCX Feb Copper positive above Rs 344 , with support at Rs

342.50 and could test Rs 347.60 levels

High risk traders can operate with these levels .

TECHNICALS FOR NYMEX TRADE FOR DEC 30 2009

DEC 30 WEDNESDAY

TRADING LEVELS FOR EVENING SESSION

S1 RS 341.30 , S2 RS 339 , S3 RS 336.70

R1 RS 345.60 , R2 RS 347.80 , R3 RS 350

WAIT FOR CONFIRMATION .

MRKT ALERT 1.33 PM

MCX DEC ALUMINIUM TRADERS CAN BOOK PART PROFITS UPTO 105.70, BUY GIVEN ABOVE 105.20,OTHERS CAN HOLD FOR TARGETS GIVEN.

MRKT ALERT 1.30 PM

MCX FEB COPPER T1 ACHIEVED AT 345, TRADERS CAN HOLD FOR T2 GIVEN.

MKT ALERT ATG 11.05 AM

MCX FEB COPPER: INTRADAY TRADERS HOLDING LONGS BOOK

PART PROFITS UPTO 344/HOLD FOR LEVELS GIVEN.
Buy Aluminium Dec above 105.20 SL below 104.40 T1 106.20 T2 106.80

MKT ALERT AT 11.10 AM

MCX FEB COPPER: CARRYOVER : TGT ACH AT 343.50/INTRADAY

TRADERS HOLDING LONGS BOOK PART PROFITS UPTO 343.60 TO 343.70./HOLD FOR LEVELS.

mkt alert at 10.40 am

Buy Copper Feb between 342 - 342.20 SL below 340 T1 345 T2 347

UPDATES FOR DEC 30 2009

DEC 30 WEDNESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 339 , S2 RS 336.60 , S3 RS 334

R1 RS 343 , R2 RS 345.60 , R3 RS 347.60

WAIT FOR CONFIRMATION .

Tuesday, December 29, 2009

CLOSING COMMENTARY FOR DEC 29 TUESDAY

Copper prices after a sharp rise now trading between 339 -

342 levels. A buying again from around 338 levels could have

buying upto 343 levels. A close above 343 could test more

highs till 345 - 347.

Strong sup seen at 339 - 338.

TECHNICALS FOR NYMEX TRADE FOR DEC 29 2009

DEC 29 TUESDAY

TRADING LEVELS FOR EVENING SESSION

S1 RS 338.60 , S2 RS 336 , S3 RS 333.70

R1 RS 343.30 , R2 RS 345.60 , R3 RS 347.80

WAIT FOR CONFIRMATION .
29/12 LME Inventory Update Copper +1125MT Lead +950MT

Zinc +17750MT Nickel +498MT Aluminium -3575MT Tin -45MT

UPDATES FOR DEC 29 2009

DEC 29 TUESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 340.60 , S2 RS 338 , S3 RS 335.60

R1 RS 344.60 , R2 RS 347.30 , R3 RS 349.50

WAIT FOR CONFIRMATION .

Monday, December 28, 2009

MARKET ALERT ON DEC 28 MONDAY 9.05 PM IST

MCX Feb Copper now has support at Rs 335

Res can be seen at Rs 342.80

CMP Rs 339.95

These are only trading levels.

MARET ALERT ON DEC 28 MONDAY 6.40 PM IST

MCX Feb Copper low risk traders can book part profits

up to Rs 342.10

Others can hold for targets given .

Buy was given at Rs 340.50 to 340.80 .

TECHNICALS FOR NYMEX TRADE FOR DEC 28 2009

DEC 28 MONDAY

TRADING LEVELS FOR EVENING SESSION

S1 RS 338 .60 , S2 RS 336 , S3 RS 333.70

R1 RS 343.30 , R2 RS 345.60 , R 3 RS 347.80

WAIT FOR CONFIRMATION .

MRKT ALERT

LME Inventories data has not relesed to day Due to Boxing day Holiday
MARKET ALERT ON DEC 28 MONDAY 2.30 PM IST

LME Inventory data has not been released today due to

Boxing day holiday .

mkt alert at 1.10 pm

Buy Copper Feb between 340 - 340.50 SL below 338 T1 343.50 T2 345
MCX FEB COPPER UPDATE; TRADERS HOLDING LONGS BOOK

PART PROFITS UPTO CMP 341.40/HOLD FOR TGT 343.80.

( BUY CARRY OVER FROM LAST WEEK)

UPDATES FOR DEC 28 2009

DEC 28 MONDAY

TRADING LEVELS FOR MORNING SESSION .

S1 RS 338 , S2 RS 335 , S3 RS 332.60

R1 RS 341.80 , R2 RS 344 , R3 RS 346.90

WAIT FOR CONFIRMATION .

Thursday, December 24, 2009

MARKET ALERT ON DEC 24 THURSDAY 10.30 PM IST

Mcx Feb Copper TGT exteded upto 343.40 Our eairler tgt

was 338.40 Amend stops to below 333.

Buy was initiated yesterday at Rs 324.50 .

MRKT ALERT 7.50 PM

Mcx Feb Copper TGT exteded upto 338.40 Our eairler tgt is 335.40 Amend stops to below 331. longs advised at 327.20 to 327.50.
DEAR READERS

DUE TO SOME TECHNICAL PROBLEM WE WILL NOT BE UPDATING

THE SUPPORTS AND RESISTANCES TODAY.

NORMAL UPDATES WILL START FROM MONDAY.
MARKET ALERT ON DEC 24 THURSDAY 12.30 PM IST

(Intraday call)

Mcx Feb Copper Book Profits at 333.80-334

(Longs Advised at 332.60-332.40
MARKET ALERT ON DEC 24 THURSDAY 12.10 PM IST


MCX Feb Copper intraday low risk traders can book part profits

up to Rs 333.50 , Buy was initiated at Rs 332.60 to 332.40 .

cmp Rs 333.50 .
MARKET ALERT ON DEC 24 THURSDAY 11.45 AM IST

(Intrdaycall)

Mcx Feb Copper Buy at Cmp 332.60-332.40

SL below 330

TGT 335.40 .
MCX FEB COPPER TGT EXTENDED TO 335.40 .EARLIER TGT

332.60//AMEND STOPS TO BELOW 329.

( BUY GIVEN YESTERDAY AT 324.50)
MKT ALERT AT 11.30 PM DEC 23

HOLD LONGS FEB COPPER FOR TGT 332.60

Wednesday, December 23, 2009

MRKT ALERT 11.20 PM

MCX FEB COPPER APPROACHING T3 AT 330.30, TARGET EXTENDED UPTO 332.60, BUY GIVEN THIS MORNING AT 324.50.

MKT ALERT AT 10 PM

MCX FEB COPPER: REVISE SL TO 325 AND HOLD FOR TGTS 329/330.40

MRKT ALERT 5 PM

MCX FEB COPPER T1 ACHIEVED AT 327, HOLD FOR T2..BUY GIVEN AT 324.50

TECHNICALS FOR NYMEX TRADE FOR DEC 23 2009

DEC 23 WEDNESDAY

TRADING LEVELS FOR EVENING SESSION

S1 RS 324.30 , S2 RS 322 , S3 RS 320

R1 RS 328.40 , R2 RS 330.60 , R3 RS 332.40

WAIT FOR CONFIRMATION .

MRKT ALERT 4 PM

MCX FEB COPPER APPROACHING OUR T1 AT 327, LOW RISK TRADERS CAN BOOK FULL PROFITS BETWEEN 326.60-326.80, OTHER HOLD FOR GIVEN TARGETS. BUY GIVEN AT 324.60.

LME UPDATE

LME Inventory Update Copper +1875MT Lead +1000MT Zinc +2800MT Nickel -48MT Aluminium -1050MT Tin +40MT

MRKT ALERT 12PM

MCX FEB COPPER LOW RISK TRADERS CAN BOOK PART PROFITS UPTO 325.60-325.80, OTHERS HOLD FOR GIVEN TARGETS. BUY GIVEN AT 324.40 - 324.60.

MRKT ALERT 11.25 AM

Buy Copper Feb between 324.40 - 324.60 SL below 322 T1 327 T2 329 ( Trade Less Volumes )

UPDATES FOR DEC 23 2009

DEC 23 WEDNESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 322.50 , S2 RS 320 , S3 RS 318

R1 RS 325.20 , R2 RS 327.50 , R3 RS 330.30

WAIT FOR CONFIRMATION.

Tuesday, December 22, 2009

MKT ALERT AT 2.45 PM

Mcx Feb Copper Sell at 323.30-323.50 SL abv 324.60 TGT 321.60
LME FOR DEC 22

COPPER UP 1450, ZINC UP 5800, ALU DOWN 3525, NICKEL UP 114,

LEAD UP 200.
TECHNICALS FOR DEC 22

MCX FEB COPPER

SUPP: 324.50/322.80/320

RES: 328.60/330.60/333

PREFER LONGS AT SUPPORTS

Monday, December 21, 2009

MKT ALERT AT 9.15 PM

MCX FEB COPPER; T1 ACH AT 327.50/HOLD FOR T2 329.30

BUY GIVEN THIS MORNING AT 325.
LME COPPER : UP 3100 ZINC: DOWN -25 ALUMINIUM :

DOWN -2175 NICKEL: UP 2040 LEAD: UP 800 TIN: DOWN -40

12/21/2009 14:30

MKT ALERT AT 11.15 AM

MCX FEB COPPER: BOOK PART PROFITS AT 326.35/

HOLD FOR TGTS GIVEN.
mkt alert at 10.45 am

buy mcx feb copper at 325 sl 322.80 tgt 327.50/329.

Friday, December 18, 2009

CLOSING COMMENTARY FOR DEC 18 FRIDAY

Copper prices in continuotion with yesterday losses came down

a bit. A positive close above 323.50-324 could be watched as it

may turn upside. A close below 323 levels could test 318 - 317

levels. Overall highly range bound seen between 320 - 330

levels.
MARKET ALERT ON DEC 18 FRIDAY 9.20 PM IST

MCX Dec Aluminium low risk traders holding buys at Rs 103.50

can book part profits up to Rs 103.90
MARKET ALERT ON DEC 18 FRIDAY 7.00 PM IST

MCX Feb Copper target achieved at Rs 322

Target extended up to Rs 320.30

Sell was initiated at Rs 325.30 .
MARKET ALERT ON DEC 18 FRIDAY 6.30 PM IST


MCX Feb Copper approaching target Rs 322. current low

Rs 322.40 .Sell was at Rs 325 to 325.30 .

MARKET ALERT ON DEC 18 FRIDAY 6.00 PM IST

Buy Aluminium Dec between 103.50 - 103.70

SL below 102.70

T1 104.80

T2 105.30

TECHNICALS FOR NYMEX TRADE FOR DEC 18 2009

DEC 18 FRIDAY

TRADING LEVELS FOR EVENING SESSION

S1 RS 322.20 , S2 RS 320 , S3 RS 317.60

R1 RS 325.50 , R2 RS 327.30 , R3 RS 329

WAIT FOR CONFIRMATION .

MKT ALERT AT 5 PM

MCX FEB COPPER: LOW RISK TRADERS BOOK

FULL PROFITS UPTO 323.60( SELL AT 325 TO 325.30)/

OTHERS HOLD FOR TGTS.WITH SL AT COST.
MARKET ALERT ON DEC 18 FRIDAY 4.40 PM IST

MCX FEB COPPER:

LOW RISK TRADERS BOOK PART PROFITS AT CMP RS 324.05.

SELL AT 325 TO 325.30 .
LME COPPER : UP 1775 ZINC: DOWN -25 ALUMINIUM :

UP 1375 NICKEL: UP 768 LEAD: UP 250 TIN: UP 5 12/18/2009 14:30
MARKET ALERT ON DEC 18 FRIDAY 1.45 PM IST


Members may pls note that the charts are showing over sold

position in all commodities and trades could reverse more

so if crude goes up , Revise sl in copper to Rs 326 .
MARKET ALERT ON DEC 18 FRIDAY 12.30 PM IST


Sell MCX Feb copper at Rs 325 To 325.30 ,

sl above RS 327.30 ,

Tgt Rs 322 .

TRADE LESS VOLUME .
TECHNICALS FOR DEC 18

MCX FEB COPPER

SUPP: 322.20/320/317.60

RES: 325.50/327.30/329

WAIT FOR CALLS

Thursday, December 17, 2009

TECHNICALS FOR NYMEX TRADE FOR DEC 17 2009

DEC 17 THURSDAY

TRADING LEVELS FOR EVENING SESSION

S1 RS 325.50 , S2 RS 323 , S3 RS 320.30

R1 RS 328.60 , R2 RS 330.10 , R3 RS 332.60

WAIT FOR CONFIRMATION .

MARKET ALERT ON DEC 16 THURSDAY 2.30 PM IST

LME INVENTORY

17/12 LME Inventory Update

Copper +1300MT

Lead +350MT

Zinc -350MT

Nickel +834MT

Aluminium +12100MT

Tin +180MT

TECHNICALS FOR DECEMBER 17

MCX FEB COPPER

SUPP: 327.20/325.60/323

RES: 330.60/333.30/335.50

PREFER LONGS AT SUPPORTS

Wednesday, December 16, 2009

LME COPPER : UP 2475 ZINC: DOWN -250 ALUMINIUM :

UP 19775 NICKEL: UP 930 LEAD: UP 650 TIN: DOWN -10 12/16/2009 14:31
TECHNICALS FOR DEC 16

MCX FEB COPPER

SUPP:321/319.20/317

RESl: 325.20/327.60/329.50

WAIT FOR CALLS

Tuesday, December 15, 2009

mkt alert at 9.10 pm

Mcx Dec Aluminium Buy at 103.60-103.50 SL below 102.80 TGT 104.90
MARKET ALERT ON DEC 15 TUESDAY 6.10 PM IST

MCX Feb Copper High risk traders holding sells as per our sell below

Rs 323.50 , can book part profits at CMP Rs 321.70.

TECHHICALS FOR NYMEX TRADE FOR DEC 15 2009

DEC 15 TUESDAY

TRADING LEVELS FOR EVENING SESSION

S1 RS 320.60 , S2 RS 319 , S3 RS 317.20

R1 RS 323.80 , R2 RS 326 , R3 RS 329.30

WAIT FOR CONFIRMATION .

MKT ALERT AT 3.45 PM

MCX FEB COPPER: WEAK BELOW 323.50 WITH RES ABV 326.20

AND CLD TEST 320/318( HIGH RISK TRADERS INITIATE SELLS

AT 323. TO 323.40.)

MKT ALERT AT 2.55 PM

MCX FEB COPPER: LOW RISK TRADERS EXIT TRADES

AROUND COST AS NO MOMENTUM SEEN !!!! CMP 324.45
LME COPPER : UP 3650 ZINC: DOWN -150 ALUMINIUM : UP

21400 NICKEL: UP 168 LEAD: DOWN 0 TIN: DOWN -20 12/15/2009

mkt alert at 1.40 pm

Buy Copper Feb between 324.50 - 324.80 SL below 322.20

T1 327.30 T2 329

mkt alert at 10.10 am

MCX Feb Copper BUy abv 325.80 SL blw 323.20 TGT 328.5/329.3
TECHNICALS FOR DEC 15

MCX FEB COPPER

SUPP: 322.40/320/317.80

RES: 325.30/327.80/329.60

WAIT FOR CALLS

Monday, December 14, 2009

MARKET ALERT ON DEC 14 MONDAY 6.15 PM IST

MCX Feb Copper looks firm above Rs 325 levels

it could test Rs 327 / 329

support is seen around Rs 322

High risk traders can operate with these levels .
Base Metals are looking to take some intraday correction, Exit longs

Mcx Feb Copper at 323.80-324, Dec Zinc 107.50-107.60,

Nickel upto 782 Cmp 323.55,107.40,781.40.
LME COPPER : UP 1075 ZINC: DOWN -50 ALUMINIUM :

DOWN -1925 NICKEL: UP 912 LEAD: DOWN -50 TIN: DOWN -180

12/14/2009 14:30

MKT ALERT AT 11.55 AM

MCX FEB COPPER: TRADERS HOLDING LONGS BOOK

PART PROFITS AT 325.40 TO 325.60/HOLD FOR LEVELS OTHERS.

mkt alert at 11.30 pm

MCx Feb Copper Buy at 324.20 - 324.40 Sl blw 322.6 TGT 327.1
TECHNICALS FOR DECEMBER 14

MCX FEB COPPER

SUPP: 322.30/320/318

RES: 325.30/327.80/329.30

WAIT FOR CALLS

Friday, December 11, 2009

11/12 LME Inventory Update Copper +4450MT Lead +225MT

Zinc -225MT Nickel +1080MT Aluminium -3875MT Tin -10MT

UPDATES FOR DEC 11 2009

DEC 11 FRIDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 318 , S2 RS 315.60 , S3 RS 313

R1 RS 321 , R2 RS 323.30 , R3 RS 325.50

WAIT FOR CONFIRMATION .

Thursday, December 10, 2009

MARKET ALERT ON DEC 10 THURSDAY 10.45 PM IST


MCX Feb Copper T 2 Achieved at Rs 318.70 ,

Sell was initiated at Rs 322.
MARKET ALERT ON DEC 10 THURSDAY 10.20 PM IST


MCX Feb Copper High risk traders holding sells at Rs 322

Approaching T 2 at Rs 318.70 /

Book final profits at Rs 319.30 to 318.75 .

MKT ALERT AT 5.40 PM

MCX FEB COPPER : TRADERS HOLDING SELLS AT 322 BOOK

PART PROFITS AT 321 TO 320.80./ HOLD FOR LEVELS.
MKT ALERT AT 5 PM

SELL MCX FEB COPPER AT 322 SL ABV 323 TGTS 320/318.70
10/12 LME Inventory Update Copper +3125MT Lead -50MT Zinc -275MT Nickel +336MT Aluminium -3150MT Tin -105MT
TECHNICALS FOR DEC 10

MCX FEB COPPER

SUPP: 320.40/318/315.70

RES: 324.25/326.50/328.60

WAIT FOR CALLS
MKT ALERT AT DEC 9 12 MIDNIGHT

MCX FEB COPPER T1 AND T2 ACH AT 323/321.80

( SELL GIVEN AT 325.80 TO 326)

Wednesday, December 9, 2009

MRKT ALERT 10.50 PM

MCX FEB COPPER APPROACHING OUR T1 AT 323,LOW RISK TRADERS CAN BOOK FULL PROFITS UPTO 323.30 - 323.50, OTHERS CAN HOLD FOR TARGETS.

MKTA LERT AT 10 PM

CALLS UPDATES:TRADERS STILL HOLDING SELLS

IN COPPER AND MINI SILVER ADVISED TO EXIT BY

CLOSE AT BEST RATES AS COPPER CLOSE ABV 328 AND

MINI SILBER ABV 28000 LOOKS FIRM.
MARKET ALERT ON DEC 9 WEDNESDAY 7.45 PM IST

MCX Feb Copper low risk traders can book part profits at

Rs 324.30

Sell was given at Rs 326 .

MKT ALERT AT 5.4 5PM

Mcx Feb Copper Sell at 325.80 to 326 SL abv 328.30 TGT 323/321.60
LME DEC 9/ COPPER UP 5200, NICKEL UP 294, ZINC DN 525,

ALUMINIUM DN 2050, LEAD UP 75.
MARKET ALERT ON DEC 9 WEDNESDAY 12.50 PM IST

MCX Feb Copper low rosk traders holding sells as per our levels

can book part profits up to Rs 324.

Sell was advised at Rs 325.50 to 326

CMP Rs 324.15
MARKET ALERT ON DEC 9 WEDNESDAY 12,20 PM IST

High Risk traders who are holding sells in copper could

maintain a stop loss above Rs 328.50 .
MARKET ALERT ON DEC 9 WEDNESDAY 12.05 PM IST

Sell mcx Feb Copper at Rs 325.60 to 326

Stop loss above Rs 327.20

Target 1 Rs 323.40

Target 2 Rs 322.80.
TECHNICALS FOR DECEMBER 9

MCX FEB COPPER

SUPP: 326/324.40/322

RES; 329/331,.30/334.50

PREFER SELLS AT RES

Tuesday, December 8, 2009

CLOSING COMMENTARY FOR DEC 8 TUESDAY

Copper Prices trading with high volatality with prices of 327

- 333. Prices went up initially but failed to hold above. Prices

have very strong sup of 326 - 327 levels.A positive close above

329 -330 could have again buying till 332 - 334 levels. Prices

seems weak only if prices closes below 327.
MARKET ALERT ON DEC 8 TUESDAY 9.30 PM IST

MCX Feb Copper now has support below Rs 326

Res can be seen at Rs 329.50 / 330/60

These are levels only .

CMP Rs 328 .
LME COPPER : UP 750 ZINC: DOWN -375 ALUMINIUM : UP 5050

NICKEL: UP 276 LEAD: UP 375 TIN: DOWN -30

12/8/2009 14:31
TECHNICALS FOR DEC 8

MCX FEB COPPER

SUPP: 328/325.70/323

RES: 332.60/334.40337

PREFER LONGS AT SUPPORTS

Monday, December 7, 2009

CLOSING COMMENTARY FOR DEC 7 MONDAY

Copper prices with open high came down bit deeper. Prices

dropped as prices broken the strong sup of 328 - 327. Prices

trading weak only on a close of 327 levels. Below on a close of

326 prices could test 322 - 320 levels.

Wait and watch 327 on closing basis.
LME COPPER : UP 6475 ZINC: DOWN -50 ALUMINIUM :

DOWN -3950 NICKEL: UP 90 LEAD: UP 775 TIN: DOWN -70

12/7/2009 14:31

MKT ALERT AT 2.30 PM

MCX FEB COPPER: T2 ACH AT 325.20( SELL GIVEN

AT 329.50)

MKT ALERT AT 2.20 PM

MCX FEB COPPER: APPROACHING T2 AT 325.20 CMP 325.75/

HIGH RISK TRADERS TRAIL STOPLOSS TO COST AND HOLD

FOR T3 322.50.
mkt alert at 1.35 pm

mcx feb copper : t1 ach at 327.10( sell advised

at 329.50)
MARKET ALERT ON DEC 7 MONDAY 1.20 PM IST

MCX Feb Copper lowrisk traders can book part profits at

CMP Rs 328.30

Sell was advised at Rs 329.50 to 330

Others hold for levels given .

mkt alert at 12.30 pm

Sell Copper Feb between 329.50 - 330 SL above

332.20 T1 327.10 T2 325.20

MKT ALERT AT 10.15 AM

MCX FEB COPPER : WEAK BELOW 330 WITH RES ABV

332.50 AND CLD TEST SUPPORTS UPTO 326.3.
TECHNICALS FOR DECEMBER 7

MCX FEB COPPER

SUPP: 328.80/326/324.40

RES: 332/334.70/336.90
WAIT FOR CALLS

Friday, December 4, 2009

CLOSING COMMENTARY FOR DEC 4 FRIDAY

Copper prices trading with high band with high volatality.

Prices trading between 327 - 333 levels. On intraday levels

prices trading trendless without any clues.

Wait for confirmation.

Res is seen at 332 - 333 and sup seen at 328 - 327.
LME COPPER : UP 675 ZINC: DOWN -75 ALUMINIUM : UP 1025 NICKEL: UP 1314 LEAD: UP 350 TIN: UP 150 12/4/2009 14:30
mkt alert at 1.35 pm

mcx feb copper; book part profits at 327.65.
sell given at 328.40 to 328.80.
MKT ALERT AT 10.40 AM

SELL MCX FEB COPPER AT 328.40 TO 328.80 SL ABV 330.50

TGTS325.80/ 324.
TECHNICALS FOR DEC 4

MCX FEB COPPER

SUPP; 328/325.70/323

RES: 332.60/334.50/337

WAIT FOR CALLS

Thursday, December 3, 2009

CLOSING COMMENTARY FOR DEC 3 THURSDAY

Copper prices came down as a mode of correction. Prices

trading with yesterday band. Prices holding at highs and above

the strong sup level of 329 - 330. A break and close above 332

could have upside again till 335 - 337 levels. Strong res is at

333 - 333.50 and sup seen at 329 - 328 .
MARKET ALERT ON DEC 3 THURSDAY 9.00 PM IST

MCX Dec Aluminium buy at Rs 98 to 98.15

stop loss below Rs 97.60

Target Rs 99.40 .

UPDATES FOR DEC 3 2009

DEC 3 THURSDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 331.20 , S2 RS 328 , S3 RS 325.60

R1 RS 334.60 , R2 RS 337 , R3 RS 339.50

WAIT FOR CONFIRMATION .

Wednesday, December 2, 2009

mkt alert at 8.45 pm

mcx feb copper : tgt 333 ach hold for tgts 335/337 revise

stops to 329.
MARKET ALERT ON DEC 2 WEDNESDAY 8.25 PM IST

MCX Feb Copper approaching our extended target Rs 333

Traders holding longs can book further profits at Rs 332.70 .

Others hold for targets given .
MARKET ALERT ON DEC 2 WEDNESDAY 8.15 PM IST

MCX Dec Aluminium Target extended up to Rs 99.40

Earlier target Rs 98.30

Longs were advised at Rs 96 .

CMP Rs 98.25 .
LME COPPER : UP 2000 ZINC: UP 3725 ALUMINIUM : DOWN

-3800 NICKEL: UP 180 LEAD: UP 150 TIN: DOWN -50

12/2/2009 14:30

MKT ALERT AT 2.05 PM

MCX DEC ALUMINIUM: TRADERS HOLDING LONGS AT 96

FROM YESTERDAY BOOK FURTHER PROFITS UPTO 97.90

( CURRENT HIGH) 98/HOLD FOR TGT.

MKT ALERT AT 2 PM

MCX FEB COPPER : INTRDAY TRADERS HOLDING LONGS

AT 330 BOOK PART PROFITS AT CMP 331.15/HOLD FOR TGTS.

MRKT ALERT 10.50 AM

T3 Achieved in Copper at 330.30, Buy initiated yesterday at 324.40. Target extended upto 333/335.

mkt alert at 10.30 am

mxz feb copper: traders holding longs hold for t3 330.30//add

longs abv 330 for tgts 333/335 stoploss 326.80

UPDATES FOR DEC 2 2009

DEC 2 WDNESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 326,50 , S2 RS 324 , S3 RS 321.40

R1 RS 330.30 , R2 RS 332.60 , R3 RS 335

WAIT FOR CONFIRMATION .

Tuesday, December 1, 2009

MARKET ALERT ON DRC 1 TUESDAY 10.00 PM IST


High risk call

BuyMcx Dec Aluminium upto 96

SL below 95

TGT 97.30

MKT ALERT AT 9.55 PM

MCX FEB COPPER : T2 ACH AT 329 ( BUY AT 324.40 TO 324.70)
MARKET ALERT ON DEC 1 TUESDAY 9.30 PM IST


MCX Feb Copper approaching T 2 a Rs 329 , current high

Rs 328.75 , Intra day traders book full profits /

others hold for T 3 Rs 330.30 .
MKT ALERT AT 9 PM

MCX FEB COPPER : HOLD LONGS FOR T2 329 AND T3 330.30

AND REVISE STOP LOSS TO BELOW 324.50.
MARKET ALERT ON DEC 1 TUESDAY 8.30 PM IST

US ISM Manufacturing Index Act 53.6 (Exp 54.80 Prv 55.7),

Pending Home Sales Act 3.7% (Exp -0.4% Prv 6.1%),

Construction Spending Act 0.0% (Exp -0.4% Prv 0.8%),

News Mixed Trade cautious .

MKT ALERT AT 3 PM

MCX FEB COPPER : T1 ACH AT 327/ CURRENT HIGH 328

//OUR T2 329.//BOOK FURTHER PROFITS.
LME COPPER : UP 2475 ZINC: UP 325 ALUMINIUM : UP 225
\
NICKEL: UP 3366 LEAD: UP 600 TIN: DOWN -5 12/1/2009 14:30
MARKET ALERT ON DEC 1 2.10 PM IST

MCX FEB COPPER : Approaching T 1 at Rs 327 ,

CMP Rs 326.75 . Traders with multiple lots book further

profits .Buy was at Rs 324.40 to 324.70 .

mkt alert at 1.50 pm

MCX FEB COPPER: LOW RIKS TRADERS BOOK MAX PROFITS

BEFORE LME UPTO 326( BUY AT 324.40 TO 324.70)/OTHERS

HOLD WITH LEVELS.

mkt alert at 1,20 pm

mcx feb copper: low risk traders book part profits at 325.60( buy at 324,40 to 324.70)/others hold for levels

mkt alert at 12.35 pm

Buy Copper at 324.40 to 324.7 sl 322.7 tgt 327 and 329

UPDATES FOR DEC 1 2009

DEC 1 TUESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 323.50 , S2 RS 320 , S3 RS 318.30

R1 RS 328 , R2 RS 330.40 , R3 RS 332

WAIT FOR CONFIRMATION .