Mcx Feb Copper TGt Extended Upto 310 (Earlier TGT at 312) Cmp 314.

MCX FEB COPPER UPDATE: TRADERS HOLDING POSITION SELLS FROM YESTERDAY AT 330.50 TO 331 REVISE STOPLOSS TO ABV 323 FOR TGT 312. cmp 317.40.

MCX FEB COPPER OUR TARGET ACHIEVED AT 316/315, IN OUR CARRY OVER SELL CALL, TARGET EXTENDED UPTO 312.

MCX FEB COPPER UPDATE: SUPPORTS AT 317.50 , CLD TEST 323 LEVELS//US GDP DATA TONITE EXP TO BE POSITIVE./TRADERS HOLDING SELLS TAKE CARE SHORTS !

MCX FEB COPPER TRADERS HOLDING SELLS FROM CARRY OVER YESTERDAY AND ALSO FRESH SELLS BELOW 320 GIVEN TODAY BOOK FURTHER PROFITS UPTO 317.

29/01LME Inventory Update Copper +875MT Lead +1175MT Zinc +50MT Nickel +1290MT Tin +165MT

technicals for 29 jan

mcx feb copper

supp: 315.50/313/310.50

res: 320.50/323/325.50

wait for fresh entry

Mcx Feb Copper TGT Extended upto 315 (Earlier TGT 319.40) Amend Stops abv 325.30 Shorts Adised at 330.50-331

MCXFEB COPPER: INTRDAY TRADERS BOOK AT 320 ( SELL AT 330.50 TO 331 MORNING)/HOLD FOR TGT OTHERS AND WAIT ADVICES.

MCX FEB COPPER : HOLD FOR T4 319.40, REVISE STOPLOSS TO ABV 328( CARROVER CALL) T3 ACH AT 324/SELL GIVEN AT 330.590 TO 331.

MCX FEB COPPER MADE A LOW OF 325.90 AGAINST OUR T2 OF 325.50, TGT EXTENDED UPTO 324.50, SELL GIVEN AT 330.50 - 331.

MCX FEB COPPER: T1 ACH AT 328/SELL AT 330.50 TO 331.

28/01LME Inventory Update Copper +1575MT Lead +350MT Zinc +450MT Nickel +186MT Aluminium -4600MT Tin +100MT

MCX FEB ALUMINIUM: HAD BOOKED PART PROFITS AT 98.75 AND TRAILED STOPLOSS TO COST/PLS CLOSE CALL AT CMP 99.10

MCX FEB ALUMINIUM: BOOK PRT PROFITS AT CMP 98.75/SELL GIVEN AT 99.50/HOLD FOR TGTS.

MCX FEB COPPER APPROACHING T1 AT 328/CMP 328.30( SELL AT 330.50 TO 331)/TRADERS CLD BOOK FURTHER PROFITS BEFORE LME.

Mcx Feb Aluminum Sell At 99.50 to 99.60 SL 100.40 TGT 98.10 high risk call

mcx feb coppeL low risk traders book part profits upto 329 sell at 330.50 to 331)//mcx jan nickel: low risk traders book part profits upyo 826( sell at 831)

Sell Copper Feb between 330.50 - 331 SL above 333.20 T1 328 T2 325.50

TECHNICALS FOR JAN 28

MCX FEB COPPER

SUPP: 329.30/327/324.60

RES: 333.50/335.60/338.20

PREFER SELLS AT RES

MKLT ALERT AT 11.45 PM JAN 27

MCX FEB COPPER ACH TGT3 AT 330, HOLD FOR T4 327.50.

MARKET ALERT ON JAN 27 WEDNESDAY 9.15 PM IST


MCX Feb Copper T 2 Achieved at Rs 335.50 ,

Current low Rs 334.50 .

Sell was given at Rs 341.20 .

MARKET ALERT ON JAN 27 WEDNESDAY 9.15 PM IST


MCX Feb Copper approaching T 2 at Rs 335.50 ,

high risk traders holding sells at Rs 341.20 hold for

T 3 Rs 333 and trail stop loss to Rs 338.80.

MARKET ALERT ON JAN 27 WEDNESDAY 8.30 PM IST

Update: NewHome Sales: Act 342k

Exp 372k Prv 355k

Negative to USD & Copper.

Mcx Feb Copper TGT Extended upto 335.50 (Shorts Advised at 341-341.20) Cmp 338.50 Amend Stops to Cost

27/01LME Inventory Update Copper 5025MT Lead +1725MT Zinc +2275MT Nickel +1116MT Aluminium -3900MT Tin +430MT

REMINDER: KEEP BOOKING PROFITS AT EVERY STAGE OR TRAIL STOPLOSS TO COST IN SELL TRADES GIVEN.

MCX FEB COPPER TRADERS HOLDING SELLS AT 341.20, /APPROACHING TGT 338.20 CMP 338.80//BOOK FURTHER PROFITS BEFORE LME./OTHERS HOLD TGT GIVEN.

MCX FEB COPPER TRADERS CAN BOOK PART PROFITS UPTO 340, SELL GIVEN AT 341.20, OTHERS CAN HOLD FOR GIVEN TARGETS

Mcx Feb Copper sell 341 to 341.20 SL Abv 343.20 TGT 338.20 CMP: 340.70

TECHNICALS FOR JAN 27

MCX FEB COPPER

SUPP: 341.60/338/334

RES:346.50/349/351

WAIT FOR ENTRY

25/01LME Inventory Update Copper -800MT Lead +225MT Zinc +625MT Nickel +516MT Aluminium -4250MT Tin -100MT

METALS UPDATE: COPPER WEAK ONLY BELOW 339.50/NICKEL

WEAK BELOW 843 RES 856.LEAD MARGINALLY POSITIVE ABV

103.50 //ZINC POSITIVE ABV 108.50( DO TRADES WITH LESS

VOLUMES, CLARITY AFTER LME OPENS ONLY)

JAN 25 MONDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 339.30 , S2 RS 336 , S3 RS 334.60

R1 RS 343.60 , R2 RS 345.30 , R3 RS 347.50

WAIT FOR CONFIRMATION .

lme jan 22 copper dn 450 / nickel up 564/ alu dn 5675/zinc up 1100/lead up 300

MCX FEB COPPER: LOW RISK TRADERS BOOK PART PROFITS UPTO 333.20/HOLD FOR TGTS.( SELL AT 335 TO 335.30)

Sell Copper Feb beteen 335 -335.30 SL above 337.50 T1 332 T1 330.20

JAN 22 FRIDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 334 , S2 RS 331.60 , S3 RS 329

R1 RS 338.30 , R2 RS 340.60 , R3 RS 343.20

WAIT FOR CONFIRMATION .

MCX FEB COPPER: T1 ACH AT 340.50 ( SELL AT 343 TO 343.50)

HIGH RISK CALL.

LME COPPER UP 8000 /NICKEL UP 417/ ALU UP 18525/ZINC UP 1350/LEAD UP 1000 .

base metals cld get selling at higher levels looks like/ low risk traders exit sells for now copper 344/ zinc113/ lead107/high risk traders heep same call.

MKT ALERT AT 10.30 AM

SELL FEB COPPER UPTO 343 TO 343.50 SL ABV 346

TGT 340.50/338.50.

JAN 21 THURSDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 338 , S2 RS 335.70 , S3 RS 333

R1 RS 343.60 , R2 RS 345.30 , R3 RS 347.80

WAIT FOR CONFIRMATION .

MARKETALERT ON JAN 20 WEDNESDAY 9.15 PM IST

MCX Feb Copper now has support at Rs 339 / 337.50

Res is seen at Rs 345

CMP Rs 342

These are trading levels only.

JAN 20 WEDNESDAY

TRADING LEVELS FOR EVENING SESSION

S1 RS 342.60 , S2 RS 340.30 , S3 RS 338

R1 RS 347 , R2 RS 349 , R3 RS 353

WAIT FOR CONFIRMATION .

Core PPI both data comes at 7pm in ist
Actual -
Forecast 0.10%
Previous 0.50%

Forecast = Good for Dollar

PPI m/m:
Previous: 1.8%, Forecast: 0.1%
Actual > Forecast = Good for Dollar
Last message received on 1/20 at 7:03 PM.

20/01LME Inventory Update Copper -100MT Lead +750MT Zinc +975MT Nickel -330MT Aluminium -950MT Tin +25MT

JAN 20 WEDNESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 345.30 , S2 RS 342.80 , S3 RS 340.60

R1 RS 349.60 , R2 RS 351 , R3 RS 353.40

WAIT FOR CONFIRMTAION .

MCX FEB COPPER: T1 ACH AT 347.60.

MCX FEB COPPER: LOW RISK TRADERS BOOK PART PROFITS UPTO 346.30( BUY AT 345 TO 345.30)/HOLD FOR LEVELS.

MKT ALERT AT 8 .10 PM

BUY FEB COPPER AT 345 WSL BELOW 342.50 TGT 347.60/349

LME WAREHOUSE STOCK UPDATES:-COPPER +3300 MT LEAD +75 MT

NICKEL -42 MT TIN+40 MT ZINC -350 MT ALUMINIUM +43875MT

MCX FEB COPPER; LOW RISK INTRADAY TRADERS BOOK

PART PROFITS AT 347.10 TO 347.30/HOLD FOR LEVELS.

MKT ALERT AT 11.45 AM

OUR CARRY OVER BUY FROM YESTERDAY AT 343.60 TO 344

TGT ACH AT 347/INTRADAY LONGS AT 346 HOLD POSITIONS.

Buy Copper Feb between 345.80 - 346 SL below 343.50 T1 348.50 T2 350
:

JAN 19 TUESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 343.30 , S2 RS 341 , S3 RS 339

R1 RS 347 , R2 RS 349.60 , R3 RS 351

WAIT FOR CONFIRMATION .

MCX JAN NICKEL: T1 ACH AT 863/BUY LAST MORNING AT

854 TO 852/HOLD FOR T2.//MCX FEB COPPER:TRADERS

HOLDING LONGS FROM YESTERDAY AT 343.60 TO 344 BOOK

FURTHER PROFITS AT 345.70, HOLD FOR TGT/

MCX FEB COPPER; LOW RISK/INTRADAY TRADERS HOLDING

LONGS AT 343.60 TO 344 BOOK PART PROFITS UPTO 344.90

TO 345/OTHERS HOLD FOR LEVELS/CMP 344.95.

Intraday: Mcx Feb Copper Buy At 344 to 343.60 SL 341.50 TGT 347

LME COPPER : DOWN -2025 ZINC: DOWN -25 ALUMINIUM : DOWN

-5650 NICKEL: DOWN -330 LEAD: UP 600 TIN: UP 100 1/18/2010 14:30

JAN 18 MONDAY

TRADING LEVELS FOR MORNING SESSION


S1 RS 338 , S2 RS 334 , S3 RS 331.80

R1 RS 346 , R2 RS 349 , R3 RS 351

WAIT FOR CONFIRMATION .

CLOSING COMMENTARY FOR JAN 15 FRIDAY

Copper prices trading highly range bound around 340 - 342

max and less participation seen. Prices need to close above

342 - 343 for positive momentum again.

A close below 338 could be watched for 335.

MARKET ALERT ON JAN 15 FRIDAY 4.00 PM IST

MCX Feb copper now has support at Rs 336.80

Res can be seen above Rs 343

CMP Rs 340.70

These are trading levels only .

LME UPDATE -- COPPER +1500 LEAD +450 ZINC -25 ALUMINIUM -8450 NICKEL +444 TIN +195

JAN 15 FRIDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 338, S2 RS 334 , S3 RS 331

R1 RS 345 , R2 RS 347 , R3 RS 351

WAIT FOR CONFIRMATION .

CLOSING COMMENTARY FOR JAN 14 THURSDAY

Copper prices continuous to trade bit positive. Prices

continuous with yesterday close and trading between 343 -

346. Prices looks more bullish above a close of 346 levels

till 350 levels.

SELL COPPER FEB BETWEEN 342 - 342.20 SL ABOVE 344 T1 339.50 T2 338

MARKET ALERT ON JAN 12 WEDNESDAY 10.20 PM IST

MCX FEB COPPER TESTED OUR BOTH TARGETS OF

340/343, BUY GIVEN AS LEVELS ABOVE 337.

TRADERS HOLDING LONGS CAN BOOK MAX

PROFITS/ OTHERS CAN HOLD FOR EXT TGT OF 345.

JAN 12 WEDNESDAY

TRADING LEVELS FOR EENING SESSION

S1 RS 334 , S2 RS 331 , S3 RS 328

R1 RS 338 , R2 RS 341 , R3 RS 344

WAIT FOR CONFIRMATION .

MCX FEB COPPER TRADERS HOLDING LONGS CAN

BOOK PART PROFITS UPTO 339/ OTHERS HOLD FOR

GIVEN TARGETS, BUY GIVEN AT LEVELS.

MCX FEB COPPER COULD GO UP ABOVE 337 AND COULD TEST RES LEVELS OF 340/343, SUP SEEN AT 334, ( TRADERS CAN OPERATE AT THESE LEVELS)

MARKET ALERT ON JAN 12 WEDNESDAY 5.10 PM IST

MCX Feb Copper now has support at Rs 334.20

Res can be seen at Rs 341.50

CMP Rs 337.10

These are trading levels only

At this moment seems to have a positive bias .

LME Inventory Update Copper +4600MT Lead +0MT Zinc -50MT Nickel -78MT Aluminium -5250MT Tin +15MT

MCX FEB COPPER T2 ACHIEVED AT 334.50. SELL GIVEN AT 338.60. BOOK FULL PROFITS.

MCX FEB COPPER APPROACHING OUR T1 AT 336.20, LOW RISK TRADERS CAN BOOK FULL PROFITS 336.50 - 336.60/ HOLD FOR TARGETS GIVEN. SELL GIVEN AT 338.60

MCX FEB COPPER LOW RISK TRADERS CAN BOOK PART PROFITS UPTO 337.30, OTHERS CAN HOLD FOR GIVEN TARGETS. SELL GIVEN AT 338.60.

Sell Copper Feb between 338.30 - 338.60 SL above 341 T1 336.20 T2 334.50 - Trade Less Volumes...

CLOSING COMMENTARY FOR JAN 12 TUESDAY


Copper prices dropped in continuotion with yesterdays reversed

candle. Prices broken some strong sup of 345 - 343 and test

340 levels. Overall medium term trend looks bullish. Buying

could come again at 338 - 340 levels again till 355 - 358 levels.

A close below 335 with selling only to be watched .

Mcx Feb copper TGT extended to 338 Stops amend to 342.50 Cmp:340.60 shorts advised at 345.6

MCX FEB COPPER TGT ACHIEVED AT 342.40, SELL INITIATED FOR HIGH RISK TRADERS AROUND 345.70-345.30

12/01 LME Inventory Update Copper +1975MT Lead +50MT Zinc -2050MT Nickel -66MT Aluminium -3675MT Tin +15MT

MCX FEB COPPER HIGH RISK TRADERS HOLDING SELLS AT 345.60 BOOK PART PROFITS AT 344.30/HOLD FOR LEVELS GIVEN.

MCX FEB COPPER : 346.20 TO 346.40 STRONG RES /IF BREAKS ABV HIGH RISK TRADERS EXIT SELLS FOR NOW !! ///MCX JAN LEAD STRONG RES 115.20 STRONG SUPP 114.60 HIGH RISK TRADERS HOLDING SELLS EXIT ON BREAK OF 115.25.

JAN 12 TUESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 343 , S2 RS 341.10 , S3 RS 338

R1 RS 348 , R2 RS 352 , R3 RS 357

WAIT FOR CONFIRMATION .

MCX FEB COPPER: WEAK BELOW 346 WITH RES ABV 347.80 AND SUPPORTS 342.40.( HIGH RISK TRADERS CAN ENTER SELLS AROUND 345.70 TO 345.30LVELS )

JAN 11 MONDAY

TRADING LEVELS FOR EVENING SESSION

S1 RS 346 , S2 RS 344 , S3 RS 341

R1 RS 349.50 , R2 RS 352 , R3 RS 357

WAIT FOR CONFIRMATION .

LME UPDATE - COPPER +4575 LEAD +725 NICKEL +810 ZINC +575 ALUMINIUM +575

MKT PREOPEN FOR JAN 11/MONDAY

EXPECT BASE METALS AND BULLIONS TO OPEN

GAP UP !! EXIT SELLS IF ANY FOR NOW AND WAIT FRESH ADVISES.

JAN 11 MONDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 341.50 , S2 RS 338 , S3 RS 335.60

R1 RS 346 , R2 RS 349 , R3 RS 351

WAIT FOR CONFIRMATION .

T1 Achieved in Copper...!

MCX FEB COPPER APPROACHING OUR T1 AT 342, LOW RISK TRADERS CAN BOOK FURTHER PROFITS UPTO 342.30, OTHERS HOLD FOR TARGETS GIVEN. SELL GIVEN AT 345

Copper prices corrected from the high and now trading very thin around 343 - 346 levels. Prices have very strong sup at 343 and it could decide further trend. A break below this could take prices till 337 levels to its lower band. Overall prices looks bullish and buy at possible dips advised.

JAN 8 FRIDAY

TRADING LEVELS FOR EVENING SESSION

S1 RS 343.40 , S2 RS 341 , S3 RS 339

R1 RS 345.80 , R2 RS 348.20 , R3 RS 350.60

WAIT FOR CONFIRMATION .

LME - COPPER +3150 LEAD +225 NICKEL +168 ZINC +650 ALUMINIUM -2000..

MCX FEB COPPER: LOW RISK TRADERS HOLDING SELLS

BOOK PART PROFITS UPTO 343.50//OTHERS HOLD FOR LEVELS

Sell Copper Feb between 344.50 - 345 SL above 347.20 T1 342 T1 340.20

TECHNICALS FOR JAN 8
MCX FEB COPPER

SUPP;343.30/341/339

RES: 347/349.60/351.50

PREFER SELLS AT RES

MARKET ALERT ON JAN 7 THURSDAY 10.30 PM IST

High risk traders holding multiple lots in our sell

copper below Rs 347 can book part profits at CMP Rs 345.90

Others hold with levels given.

MARKET ALERT ON JAN 7 THURSDAY 10.00 PM IST


MCX FEB Copper looks weak below Rs 347 ,

support seen at Rs 343 and

Res is seen at Rs 350.50.

CMP Rs 347.50

High risk traders can operate with these levels .

JAN 7 THURSDAY

TRADING LEVELS FOR EVENING SESSION

S1 RS 346.70 , S2 RS 345 , S3 RS 343.20

R1 RS 351, R2 RS 353.40 , R3 RS 355.60

WAIT FOR COMFIRMATION .

LME COPPER +75 LEAD +1300 NICKEL +426 ZINC +500 ALUMINIUM -4450

MARKET ALERT ON JAN 7 THURSDAY 12.05 PM IST

MCX FEB COPPER WEAK BELOW 350

WITH SUPPORTS 348/347

AND RES AT 353.

THESE ARE TRADING LEVELS.

MARKET ALERT ON JAN 7 THURSDAY 12.30 PM IST

MCX FEB COPPER; WEAK BELOW 350//

HIGH RISK TRADERS EXIT LONGS IF CUTS 350.

MARKET ALERT ON JAN 7 THURSDAY 12.00 AM IST

BASE METAL UPDATE

Bank of China raises rates, Signals monetary policy

tightening .

Negative for copper .

MARKET ALERT ON JAN 7 THURSDAY 11.25 PM IST

MCX FEB COPPER BUY BETWEEN RS 351.40 TO 351.80

STOP LOSS BELOW RS 349

TARGET 1 RS 354

TARGET 2 RS 356

THIS IS A HIGH RISK CALL . TRADE LESS VOLUME .

MARKET ALERT ON JAN 7 THURSDAY 11.00 AM IST

MCX Feb Copper intra day could test support Rs 349.20

Traders still holding longs are advised to exit

Res is seen above Rs 352.70 .

JAN 7 THURSDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 349.50 , S2 RS 344 , S3 RS 338

R1 RS 354.40 , R2 RS 358.80 , R3 RS 363

WAIT FOR CONFIRMATION .

MCX FEB COPPER LOW RISK TRADERS CAN BOOK PART PROFITS UPTO 353.40, BUY GIVEN AT 352.30, OTHERS CAN HOLD FOR GIVEN TARGETS.

Buy mcx Feb Copper Abv 352.30 SL Blw 349.50 TGT 355 CMP: 351.85

JAN 6 WEDNESDAY

TRADING LEVELS FOR EVENING SESSION

S1 RS 349.30 , S2 RS 347 , S3 RS 344.80

R1 RS 353.60 , R2 RS 355.20 , R3 RS 357.50

WAIT FOR CONFIRMATION .

06/01 LME Inventory Update Copper +2050MT Lead +675MT Zinc +500MT Nickel -36MT Aluminium -4275MT Tin +0MT

MCX FEB COPPER TRADERS CAN BOOK FURTHER PROFITS UPTO 351.80 BEF LME AND TRAIL SL TO 349.50, BUY GIVEN AT 346.50-347, OTHERS CAN HOLD FOR GIVEN
TARGETS.

Mcx Feb Copper TGT Extended upto 353.30 (Earlier TGT 351)

Longs Advised at 346.50-347 yesterday Cmp 350.30.

MCX FEB COPPER: TRADERS HOLDING LONGS TRAIL STOPLOSS

TO COST(347)/HOLD FOR TGT 351.

MCX FEB COPPER: TRADERS HOLDING LONGS AS PER BUY LAST NIGHT AT 346.50 TO 347 BOOK PART PROFITS AT 349.40. /OTHERS HOLD FOR LEVELS GIVEN.

TECHNICALS FOR JAN 6
MCX FEB COPPER

SUPP:346.20/344/341.50

RES: 349/351.50/354

PREFER LONGS AT SUPP// EXP SMALL GAP UP OPEN NEAR R1.

Copper prices trading high volatality between 345 - 348 levels.

Further trend could be decided on closing of either levels. A break

and close above 349 could test more highs till 353 - 355 levels.

Strong sup is seen at 344 - 345.

MARKET ALERT ON JAN 5 TUESDAY 9.00 PM IST

MCX Feb Copper buy at Rs 346.50 to 347 ,

Sl Below RS 344 ,

Tgt Rs 351 .

MCX FEB COPPER UPDATE: WEAK BELOW 346.50 AND CLD

TEST SUPPORTS AT 344 TO 342.50 WITH RES ABV 348.70.

LME Inventory: Copper +2950, Aluminum -300, Nickel Unch, Lead +400, Tin Unch, Zinc -25

MCX TRADERS HOLDING LONGS IN COPPER EXIT CMP 345.80, CAN SEE AFTER LME...

Buy Copper Feb between 347.10 - 347.30 SL below 345 T1 349.50 T2 352.50

MCX FEB COPPER: T1 ACH AT 349

MCX FEB COPPER APPROACHING T1 AT 349 CMP 348.80/LOW RISK TRADERS BOOK MAX PROFITS/HOLD FOR TGS GIVEN OTHERS.

MCX FEB COPPER; BOOK PART PROFITS AT 347.80( BUY GIVEN AT 346.50 TO 347)/HOLD FOR LEVELS.

04/01 LME Inventory Update Copper +75MT Lead +275MT Zinc +1075MT Nickel +414MT Aluminium -4475MT Tin +30MT

Buy Copper Feb between 346.50 - 347 SL below 345 T1 349 T2 351.50

TECHNICALS FOR JAN 4

MCX FEB COPPER

SUPP:343/339.50/335

RES: 347.50/353/357

PREFER LONGS AT SUPPORTS

DEAR READERS ,

WISHING YOU ALL A HAPPY PROSPEROUS AND A

WONDERFUL YEAR AHEAD.

HAPPY NEW YEAR 2010 .