We are now on face book . Dear viewers we request you to like our page and if any queries you cld ask us there . we will get back .
We are now on Twitter


Follow us on Twitter to get the latest updates


If you need any technical support you can Tweet to us at


Monday, May 31, 2010

MARKET ALERT ON MAY 31 MONDAY 2.00 PM IST

MCX June copper now has support Rs 319.10

Res is seen above Rs 323.60 .

CMP Rs 321.

Has a mild negative bias .

UPDATES FOR MAY 31 2010

MAY 31 MONDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 319.60 , S2 RS 317.20 , S3 RS 315

R1 RS 323.40 , R2 RS 326.40 , R3 RS 328.20

WAIT FOR CONFIRMATION .

Friday, May 28, 2010

TECHNICALS FOR NYMEX TRADE FOR MAY 28 2010

MAY 28 FRIDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 324.30 , S2 RS 322.50 , S3 RS 319

R1 RS 327 , R2 RS 329.50 , R3 RS 332

WAIT FOR CONFIRMATION .

MRKT ALERT 1.30 PM

28-May LME Inventory Update Copper -1050MT Lead +200MT Zinc -750MT Nickel -282MT Aluminum -5225MT

UPDATES FOR MAY 28 2010

MAY 28 FRIDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 322 , S2 RS 319 , R3 RS 315

R1 RS 327 , R2 RS 329 , R3 RS 332

WAIT FOR CONFIRMATION .

Thursday, May 27, 2010

mkt alert at 8.20pm

MCX Jun Copper broken important res of 326 now could turn upside for a tgt of 329 - 331 levels. Strong sup seen below 322.50
HIGH RISK TRADERS HOLDING SELLS IN BASE METALS PROTECT POSITONS OR STRICT SL AS CLD TEST RES//COPPER ABV 326 IS POSTIVE!!!CMP 324.40 AT OUR COST!!
USA NATURAL GAS INVENTORY (ACTUAL) +104

MRKT ALERT 7.00 PM

MCX JUN COPPER LOW RISK TRADERS CAN BOOK FURTHER PROFITS UPTO 322.20, SELL GIVEN BETWEEN 324-324.50

MRKT ALERT 6.00 PM

MCX JUN COPPER LOW RISK TRADERS CAN BOOK PART PROFITS UPTO 323.20, OTHERS HOLD FOR GIVEN TARGETS, SELL GIVEN BETWEEN 324- 324.50.

mkt alert at 5.30pm

Sell Copper Jun between 324 - 324.50 SL above 326 T1 321.60 T2 320

Wednesday, May 26, 2010

MARKET ALERT ON MAY 26 WEDNESDAY 9.00 PM IST


MCX June Copper Target 2 Achieved at Rs 320 .

Sell was advised at Rs 324. to 324.50 .
MARKET ALERT ON MAY 26 WEDNESDAY 9.00 PM IST


MCX JUN COPPER T1 ACHIEVED AT 322,

HOLD FOR T2 GIVEN,

SELL GIVEN AT 324.

MARKET ALERT ON MAY 26 WEDNESDAY 8.15 PM IST

NCDEX June Steel sell at Rs 24300 to 24340

Stop loss above Rs 24600

Target Rs 24000 / 23750 .

MARKET ALERT ON MAY 26 WEDNESDAY 4.10 PM IST

MCX June copper now has support at Rs 322.40

Res can be seen at Rs 329.

CMP Rs 325.10.

Has a positive bias at this moment .

These are trading levels only .
MARKET ALERT ON MAY 26 WEDENESDAY 2.10 PM IST

LME Update

3Month Futures Copper 6847 +0.45%

Lead 1791 +0.0%

Zinc 1915 +0.37%

Nickel 21525 -0.16%

Aluminum 2045 0% -

Direction for the Session Mixed.

Awaiting Key US Data Core Durable Goods

Orders m/m and New Home Sales .

MRKT ALERT 1.30 PM

26-May LME Inventory Update Copper -275MT Lead -300MT Zinc +3150MT Nickel +204MT Aluminum -3600MT Tin -80MT

MKT ALERT AT 11.50 AM

MCX JUNE COPPER APPROACHING T1 AT 322 CMP 322.50/LOW RISK TRADERS BOOK FURTHER PROFITS/OTHERS HOLD FOR LEVELS.

MRKT ALERT 11.30 AM

MCX Jun Copper low risk traders can book part profits upto 323 - 323.15, othes can hold for levels given. Sell given at 324 - 324.50.

mkt alert at 10.30am

Sell Copper Jun between 324 - 324.50 SL above 325.80 T1 322 T2 320 (Trade Less Volumes )

UPDATES FOR MAY 26 2010

MAY 26 WEDNESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 317.60 , S2 R S315.10 , S3 RS 312

R1 RS 322.30 , R2 R S325 , R3 RS 327

WIT FOR CONFIRMATION .

Tuesday, May 25, 2010

MARKET ALERT ON MAY 25 TUESDAY 9.15 PM IST

MCX June Copper now has Res above Rs 322.20

Support is seen at rs 315

CMP Rs 319.45 .

Has a negative bias .

These are trading levels only .

MRKT ALERT 7.00 PM

MCX Jun Copper low risk traders can book part profits upto 318.50, others can hold for given targets. sell given at 319.50.

MRKT ALERT 6.30PM

Sell Copper Jun between 319.50-320 SL above 322.20 T1 316.50 T2 315.20 (Trade Less Volumes )
UPDATE: COPPER LEVELS RES 325 SUPP 320, IF BREAKS AND HOLD SBELOW 320 CLD TEST 318/316( HIGH RISK TRADERS CLD INITITAE SELLS AT 322 LEVELS)
TECHNICALS FOR MAY 25

MCX JUNE COPPER

SUPP:320.60/317.80/314

RES:325.50/328/331

Monday, May 24, 2010

MARKET ALERT ON MAY 24 MONDAY 7.30 PM IST

US Data: Existing Home Sales

Actual 5.77M

Forecast 5.62M

Prior 5.35M
MARKET ALERT ON MAY 24 MONDAY 7.00 PM IST

US Home sales data expected at at 7.30 PM

Direct impact on Base metals .

TECHNICALS FOR NYMEX TRADE FOR MAY 24 2010

MAY 24 MONDAY

TRADING LEVELS FOR EVENING SESSION

S1 RS 319.40 , S2 RS 317.10 , S3 RS 315

R1 RS 322.60 , R2 RS 324 , R3 RS 326

WAIT FOR CONFIRMATION .
MARKET ALERT ON MAY 24 MONDAY 3.50 PM IST

MCX June copper now has support at Rs 317.40

Res is seen above Rs 324.

CMP Rs 320.40 .

Copper looks strong only above Res Rs 324 .

Right now moving in a range .

MRKT ALERT 1.30

24/05 LME Inventory Update Copper -250MT Lead +150MT Zinc +19625MT Nickel -942MT Aluminum -5250MT Tin -490MT

UPDATES FOR MAY 24 2010

MAY 24 MONDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 317.60 , S2 RS 314.60 , S3 RS 311.20

R1 RS 325.10 , R2 RS 327.90 , R3 RS 331

WAIT FOR CONFIRMATION .
UPDATE AT 9.10AM: BULLIONS EXP TO OPEN HIGHER, GOLD $1185 MCX AROUND 18100//SILVER$17.90 MCX AROUND MCX 28700//CRUCE EXP OPEN 3340 LEVELS RES STRONG AT 3355//COPPER UP AROUND 1%, MCX EXP OPEN AROUND 324 TO 325, LTP 322.40 RES AT 326 SUPP 319//ASIAN MKTS UP ON SPECULATION THAT CHINESE BANKS TIGHTENING MEASURES WILL BE DELAYED TILL EUROZONE PROBLEMS RESOLVED!!!

Friday, May 21, 2010

MARKET ALERT ON MAY 21 FRIDAY 8,45 PM IST

MCX June copper looks strong at CMP Rs 319.60

Res is seen at Rs 324

support is seen below Rs 317.80.
MARKET ALERT ON MAY 21 FRIDAY 7.45 PM IST

MCX June copper is now trading above strong Res levels of

Rs 315 to 317

Could test Rs 321 to 324 levels .

MRKT ALERT 7.30 PM

MCX Copper trading above strong res levels of 315 - 317. Could test 321 - 324 levels

MRKT ALERT 1.30 PM

LME Inventory Update Copper -1475MT Lead -50MT Zinc +2150MT Nickel +630MT Aluminum -4725MT Tin +165MT

UPDATES FOR MAY 21 2010

MAY 21 FRIDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 308.20 , S2 RS 305.10 , S3 RS 303.20

R1 RS 314 , R2 RS 317 , R3 RS 319

WAIT FOR CONFIRMATION .

Thursday, May 20, 2010

TECHNICALS FOR NYMEX TRADE FOR MAY 20 2010

MAY 20 THURSDAY

TRADING LEVELS FOR EVENING SESSION

S1 RS 306.60 , S2 RS 304.10 , S3 RS 302

R1 RS 310.60 , R2 RS 312.70 , R3 RS 314.20

WAIT FOR CONFIRMATION .

MRKT ALERT 5.20 PM

Copper weak below 307 till 305- 303 levels Res seen above 312.

MRKT ALERT 1.15 PM

MCX Jun Copper approaching our T1 at 313, Traders holding longs above 310 can book further profits/others can hold for given targets..
MCX JUNE COPPER: POSITIVE ABV 310 WITH SUPP AT 307 AND CLD TEST 313/314.50( GIVEN AS LEVELS FOR HIGH RISK TRADERS TO LONG)
GM,MAY 20,7.40AM: CRUDE$70.13(MCXJUNE LTP 3386),NAT GAS$4.15(MCXLTP194.60)/GOLD$1197(LTO18006),SILVER$18.30(LTP28760)//BASE METALS OPENS SHARPLY HIGHER,LME COPPER $6700 UP AROUND 1.5%,LTP304.60/NICKEL LTP 994!!

Wednesday, May 19, 2010

MARKET ALERT ON MAY 19 WEDNESDAY 6.30 PM IST

MCX June copper now has support below Rs 299

Res is seen at Rs 306 / 308,

cmp Rs 304 .

MRKT ALERT 3.25 PM

Copper weak below 302 next sup seen at 299 with res abv 305.40
TECHNICALS FOR MAY 19

MCX JUNE COPPER

SUPP: 302.80/299.80/296.90

RES: 306.80/309/310.40
UPDATE; CRUDE$68.22(LTP3199),NAT GAS$4.30(LTP199.50),GOLD$1217(LTP18008),SILVER$18.75(LTP29255)//COPPER LME $6556(LTP305.20)DOWN 1.50% IN EARLY TRADES,EXP MCX AROUND 301 TO 302//NICKEL LTP995!!!!

Tuesday, May 18, 2010

mkt alert at 4 pm

MCX JUNE COPPER UPDATE; SUPPORT NOW AT 303 AND RES AT 306,POSITVE ABV 304.( LEVELS)

MKT ALERT AT 12 NOON

MCX JUNE COPPER UPDATE: SUPP SEEN AT 301.50 AND RES 305.60//TRADERS HOLDING SELLS KINDLY PROTECT POSITIONS AND TRADE LESS AS CLD TEST RES!!!

CMP 302.60!!
MCX JUNE COPPER: LOW RISK TRADERS EXIT COPPER SELLS, CMP 303.40.,SL HIT!
MCX JUNE COPPER: POSITION TRADERS HOLDING SELLS KEEP SL ABV 306.

mkt alt at 10.30am

Sell Copper Jun between 300.40 - 300.80 SL above 303.50 T1 297 T2 295

UPDATES FOR MAY 18 2010

MAY 18 TUESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 294 , S2 RS 291 , S3 RS 288

R1 RS 299.80 , R2 RS 303 , R3 RS 306

WAIT FOR CONFIRMATION .
GM, MAY 18,8AM:CRUDE$70.70(HIT LOE 69.70 LAST NIGHT, COULD OPEN HIGHER MCX 3240,LTP 3220,RES 3275 SUPP 3190),NAT GAS HOLDING HIGHER AT $4.42,LTP 201.10//GOLD$1225,TRADING AT CRUCIAL SUPP $1227,LTP 18254;SILVER$18.90 LTP 29400 SUPP 29250 RES 29650///BASE METALS OPEN SHARPLY HIGHER OVER 1.50% IN EARLY TRADES, LTP COPPER 298.60,NICKEL 951.

Monday, May 17, 2010

MARKET ALERT ON MAY 17 MONDAY 9.20 PM IST


MCX June Copper Update :

Remains weak below Rs 301 with Res is seen ablove Rs 306 and

could target supports Rs 295 / 292 .
MARKET ALERT ON MAY 17 MONDAY 8.30 PM IST


MCX June Copper update :

Had recommended sells as levels up to Rs 310 with sl above

Rs 313 for Tgts Rs 306/ 304 . Current low Rs 303.80 .

Traders holding sells book profits or trail sl to

cost for Tgt Rs 303 .
MCX JUNE COPPER UPDATE: TRADING IN MID RANGE , LOOKS WEAK TO TEST 306/304 RES ABV 313 SELL ADVISED ON RISES FOR TGTS GIVEN.( SELL ADVISED AT 309 TO 309.50 LEVELS)
TECHNICALS FOR MAY 17

MCX JUNE COPPER

SUPP:310.40/307/303

RES: 315.50/318.30/321.50
UPDATE AT 8.30AM:CRUDE DOWN BY OVER2% AROUND $70, AVOID FRESH SHORTS HERE AS CLD EXP SHORT COVERING RALLY//COPPER SHARPLY DOWN OVER 2%MCX AROUND 308, STRATEGY BEST TO SELL ON RISES ONLY, RES ABV 318.50 SUPP 308/305/302.
GM,MAY 17.7.40 AM: CRUDE$70.20(DONW OVER 1%,LTP 3268,EXP OPEN AROUND 3230 AT CURREMT LEVELS), NAT HAS$4.33//GOLD$1237,MCX LTP18153, EXP OPEN MARGINALLY POSITIVE/SILVER$19.33MCX LRP 29660, EXP OPEN MARGINALLY POSITVE//COPPER SHARPLY DOWN LME AT $6815( DOWN OVER 1%)MCX LTP 312.85, AT CURRENT LEVELS OPEN AROUND MCX 310!!!!

Friday, May 14, 2010

UPDATES FOR MAY 14 2010

MAY 14 FRIDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 320.60 , S2 RS 317 , S3 RS 314

R1 RS 325 , R2 RS 327.40 , R3 RS 329.80

AIT FOR CONFIRMATION .
CLOSING COMMENTARY FOR MAY 13 THURSDAY

Copper trading mild positive with high volatility between Rs 317 to

325 . Either close could decide further trend .

Thursday, May 13, 2010

TRADERS HOLDING SEEL SIN MCX JUNE COPPER TRAIL SL AT 321.
TRADERS HOLDING SEEL SIN MCX JUNE COPPER TRAIL SL AT 321.
MCX JUNE COPPER: TRADERS HOLDING SELLS AT 319 BOOK PART PROFITS AT 318 TO 317.80
13/05 LME Inventory Update Copper -1225MT Lead +275MT Zinc -525MT Nickel -876MT Alumium -6025MT Tin -20MT
Sell Copper Jun between 318.70 - 319 SL above 321.50 T1 315.50 T2 313.50 (Trade less Volumes )
TECHNICALS FOR MAY 13

MCX JUNE COPPER

SUPPA; 315/310/20/307

RES: 319.80/324/326/50

Wednesday, May 12, 2010

MCX JUNE COPPER : TRADING ABV RES 319 IMM SUPP SEEN 314 AND RES SEEN AT 325!!

Tuesday, May 11, 2010

MCX JUNE COPPER: POSITIVE QABV319 WITH SUPP AT 316 AND CLD TEST RES 322( LEVELS FOR HIGH RISK TRADERS)

MKT ALT AT 2 PM

MCX JUNE COPPER ; APPROACHING T2 AT 313.80-/TGT EXT TO 311.80/SELL RECO AT 318/

MRKT ALERT 12.50 PM

MCX Jun Copper T1 Achieved at 315.50, Hold for T2 given. Sell given below 318.
mkt alt at 12.50pm

mcx june copper t1 ach at 315.50/se ll reco at 318.

12 NOON

MCX JUNE COPPER: CMP 316.50/BOOK FURTHER PROFITS/SELL AT 318.
MCX JUNE COPPER:LOW RISK TRADERS HOLDING SELLS AT 318, BOOK PART PROFITS AT 317 TO 317.20./OTHERS HOLD FOR LEVELS.CMP 317.20.
Sell Copper Jun below 318 SL above 320.20 T1 315.50 T2 313.80 (High Risk) Trade less volumes...
TECHNICALS FOR MAY 11

MCX JUNE COPPER

SUPP:319.80/317.40/314

RES: 324/327.40/329
UPDATE AT 8.40AM; CRUDE 477.05//GOLD$1200,COPPER MARGINALLY DOWN EXP OPEN AROUND MCX 320!!

Monday, May 10, 2010

MKT ALERT AT 4.40PM

MCX JUNE COPPER: T1 ACH AT 324.

MKT ALERT AT 2 PM

MCX JUNE COPPER : LOW RISK TRADERS BOOK MAX PROFITS UPTO 323/OTHERS HOLD FOR LEVELS.

MKT ALERT AT 1 PM

MCX MAY NICKEL: MULTIPLE LOT HOLDERS BOOK FURTHER PROFITS AT CMP 1061/BUY RECO AT 1051./COPPER CMP 322.15, BOOK FURTHER PROFITS.//PROTECT POSITIONS AND PROFITS NOW!!
MCX MAY NICKEL AT U.FREEZE 1057..COPPER HIGH AT 321.80/BOOK FURTHER PROFITS

MKT ALERT AT 12.50 PM

MCX JUNE COPPER LOW RISK TRADERS BOOK PART PROFITS AT 320.80 TO 321./BUY RECO AT 319.80 TO 320.10/OTHERS HOLD FOR LEVELS GIVEN.
REMINDERl PLS TRADE CAUTIOUS WITH ONLY SMALL LOTS AS TREND NOT CLEAR YET!!!!
Buy Copper Jun between 319.80 - 320.20 SL below 317.50 T1 324 T2 326
TECHNICALS FOR MAY 10

MCX JUNE COPPER

SUPP: 314.50/311.60/309.80

RESl 319.890/323/326.80

EXP GAP UP OPEN AROUND 320!!!

8 AM MAY 10

UPDATE AT 7.55 AM; CRUDE$76.58( EXP GAP UP OPEN ABOUT RS.50, MCX 3500 TO 3510 LEVELS),NAT GAS$4.04(UP0.75%)//GOLD$1203,SILVER$18.40( FLAT WITH MARGINAL NEGATIVE BIAS)//LME COPPER$7079, UP OVER 1%. MCX AROUND 320 LEVELS//DOW FUT UP SHARPLY OVER 2%//EURO GAINS DOLLAR INDEX DOWN !!!

Friday, May 7, 2010

mkt alert at 12 noon

Sell Copper Jun below 310 SL above 312.60 T1 307.50 T2 305.20

MKT ALERT AT 9.30AM

REMINDER: LOW RISK TRADERS ADVISED TO WAIT FOR FRESH CALLS FROR ANY TRADE!!!

MKT ALERT AT 7 AM MAY 7

BASE METALS:COPPER: SELL AT OPEN SL ABV 319.80 TGTS 310.50/306//SELL NICKEL AT OPEN SL ABV 1021 TGT 965.940///LEAD RES 91.75, CLD TEST 87.60,86( LEVELS FOR HIGH RISK TRADERS TO SELL AT OPEN)//ZINC RES ABV 97.50 CLD TEST SUPP 93.50.91( LEVELS FOR SELLS FOR HIGH RISK TRADERS)!!!!!
GM MAY 7,7AM: BREAKING NEWS: DOW CRASHES IN US TRADE LAST NIGHT BY 350PTS( AT ONE PT OF TIME WAS DOWN 980POINTS)BIGGEST CRASH SINCE 1987//UD DOLLAR INDEX ABV 85//ASIAN STOCKS CRASH EARLY TRADES//GOLD HITS HIGH $1202//CRUDE CRASHS BELOW $77//BASE METALS EXP GAP DOWN MORNING!!!!

Thursday, May 6, 2010

MARKET ALERT ON MAY 6 THURSDAY 7.00 PM IST

MCX June copper now has support at Rs 308

Res is seen above Rs 321

CMP Rs 317

These are trading levels only .
MCX JUNE COPPER l T1 ACH AT 314
REMINDER: LOW RIAK TRADERS ALWAYS ADVISED TO KEEP BOOKING PROFITS OR TRAIL SL AS WHEN WE RECO PART PROFIT BOOKING!!!!
MCX JUNE COPPER : TRADERS HAVING FILS IN SELLS BOOK PART PROFITS AT CMP 315.35//MCX MAY ZINC: BOOK PART PROFITS AT CMP 95.70!!
Sell Copper Jun between 318 - 318.50 SL above 321.50 T1 314 T2 312 (Trade Less Volumes )

UPDTAES FOR MAY 6 2010

MAY 6 THURSDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 311.40 , ,S2 RS 305 , S3 RS 301

R1 RS 319.40 , R2 RS 323 , R3 RS 327

WAIT FOR CONFIRMATION .

Wednesday, May 5, 2010

MARKET ALERT ON MAY 5 WEDNESDAY 7.10 PM IST


MCX June copper Target 2 Achieved at Rs 303 ,

sell was advised below Rs 310.50 .

Target extended to Rs 298.20
MARKET ALERT ON MAY 5 WEDNESDAY 6.50 PM IST


MCX June copper traders holding sells at Rs 310.50 ,book

further profits at Rs 304.50 to 305 .

Others hold for targets .
MARKET ALERT ON MAY 5 WEDNESDAY 6.40 PM IST


MCX June copper target 1 achieved at Rs 306 .
MARKET ALERT ON MAY 5 WEDNESDAY 6.30 PM IST


MCX June copper book part profits at Rs 309.15 ,

Sell advised at Rs 310.50 / others hold for levels given .

MKT ALERT 6 PM

Mcx June Copper Sell Blw 310.50 SL abv 314.50 TGT 306/303 HIGH RISK CALL
MCX JUNE COPPER: T3 ACH AT 310
MCX JUNE COPPER: HIGH RISK TRADERS HOLD FOR EXT TGT 310 AND TRAIL SL TO COST./T2 ACH AT 312.
MCX JUNE COPPER: APPROACHING T2 AT 312 , CMPP 312.40/BOOK FURTHER PROFITS.
MCX June Copper Target 1 Achieved at Rs 314 , sell was advised between Rs 316.60 to 317 .
MARKET ALERT ON MAY 5 WENESDAY 2.15 PM IST


MCX June Copper traders holding sells at Rs 316.80 ,

book further profits up to cmp Rs 314.65

MRKT ALERT 1 PM

MCX JUN COPPER HIGH RISK TRADERS HOLDING SELLS AT 316.80 LEVELS BOOK PART PROFITS UPTO 315.80.

mkt alert at 11 .20am

BASE METALS CLD TAKE SOME UPWARD CORRECTION//LOW RISK TRADERS ADVISED TO SELL ON RISES ONLY AFTER LMELOW RISK EXIT COPPER SELLS FOR NOW.cmp 317.
Sell Copper Jun between 316.60 - 317 SL above 319 T1 314 T2 312
TECHNICALS FOR MAY 5

MCX JUNE COPPER

SUPP:314.20/312/308.60

RES; 320/323/327

Tuesday, May 4, 2010

MARKET ALERT OPN MAY 4 5.20 PM IST


MCX June Copper Target 2 Achieved at Rs 322.

Sell was advised at Rs 326.60 to 326.80 ,

MKT ALERT AT 4.25PM

MCX JUNE COPPER: T2 ACH AT 322.
MCX JUNE COPPER: CMP 323.15/SELL ADVISED AT 326.80/BOOK FURTHER PROFITS AND HOLD FOR T2.
MCX JUNE COPPER: T1 ACH AT 324/LEAD T2 ACH AT 96.40/NICKEL APPROACHING T1 AT 1156 CMP 159.40!!!!!!!!!!CHEERS

alert at 1.40pm

MCX JUNE COPPER UPDATE: NOW SUPPORTS STRONG AT 325.75 AND RES 329.20./LOW RISK TRADERS AVOID FRESH SHORTS FOR NOW.//NICKEL IS POSITVE IF BREAKS AND HOLD ABV 1175 TO 1180.
MARKET ALERT ON MAY 4 TUESDAY 11.40 AM IST


MCX June copper book part profits upto cmp Rs 325.80

/ sell recommended at Rs 326.80 , others hold for levels given .
Sell Copper Jun between 326.60 - 326.80 SL above 329.20 T1 324 T2 322 (Trade Less Volumes)
UPDATES: MCX JUNE COPPER WEAK BELOW 327.20 WITH RES SEEN ABV 329.20 AND CLD TEST SUPP 325/323 LEVELS///MCX MAY CRUDE WEAK BELOW 3820 WITH RES SEEN ABV3845 AND CLD TEST SUPP 3805/3790 LEVELS

UPDATES FOR MAY 4 2010

MAY 4 TUESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 323.30 , S2 RS 321 , S3 RS 319

R1 RS 327.60 , R2 RS 329.50 , R3 RS 331.40

WAIT FOR CONFIRMATION .

Monday, May 3, 2010

MCX JUNE COPPER UPDATE: UNABLE TO BREAK RES WITH VOLUMES AS MKTS CLOSED IN EUROPE/LOW RISK TRADERS ADVISED TO EXIT AROUND 327.50 TO 327.80 AND REENTER LONGS ABV 328.60,//MCX MAY ALUMINIUM: LOW RISK TRADERS ADVISED FRESH ENTRY AFTER US OPENS.
LME CLOSED TODAY ON ACCOUNT OF MAY DAY!!!

mkt alt at 11.35 am

Buy Copper Jun between 328.50 - 328.90 SL below 326.80 T1 330.50 T2 331.90

UPDATES FOR MAY 2 2010

MAY 2 MONDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 329.20 , S2 RS 327.30 , S3 RS 324.10

R1 RS 332 , R2 RS 334.80 , R3 RS 336.90

WAIT FOR CONFIRMATION .