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Wednesday, June 30, 2010

MKT ALERT AT 5.45PM

MCX AUG COPPER UPDATE: RES SEEN ABV 305 AND CLD TEST SUPP AT 299/ WEAK BELOW 303.

MRKT ALERT 1.30 PM

30/06 LME Inventory Update Copper -850MT Lead +400MT Zinc +1400MT Nickel -336MT Aluminum -5475MT Tin -195MT

MRKT ALERT 12.55 PM

Market Alert - Base metals could see minor zig zag movement due to contract expiry. Low risk traders best advised to exit shorts in base metals and high risk traders hold minimum lots..

UPDTAES FOR JUNE 30 2010

JUNE 30 WEDNESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 301 , S2 RS 298 , S3 RS 295

R1 RS 306 , R2 RS 308.90 , R3 RS 312

WAIT FOR CONFIRMATION .
UPDATE AT 7.50AM; CHINA PPI MANUFAUCTURING DATA EXP THIS MORNING,CRITICAL FOR NEXT COPPER DIRECTION!!//MCX AUG COPPER WEAK BELOW 304 WITH RES AT 306 AND SUPP 301//JULY ZINC WEAK BELOW 82.30 WITH RES ABV 83.20 AND SUPP 80.80//JULY LEAD WEAK BELOW 82 WITH RES ABV 82.50 AND SUPP 80.80//JUNE NICKEL SUPP AT 888 TO 884 AND RES ABV 902//TRADING FLAT IN EARLY TRADES//JUNE CONTRACT EXPIRY BY 5.30PM .

Tuesday, June 29, 2010

UPDATES FOR JUNE 29 2010

JUNE 29 TUESDAY

TRADING LEVELS FOR MORNING SESSION .

S1 RS 314.30 , S2 RS 309 , S3 RS 306

R1 RS 319.40 , R2 RS 321.80 , R3 RS 324.50

WAIT FOR CONFIRMATION .

Monday, June 28, 2010

MCX JUNE NICKEL: T3 ACH AT 940/BOOK FULL PROFITS././MCX JUNE COPPER APPT2 AT 316.90, CMP 316.65, BOOK MAX PROFITS, HIGH RISK TRADERS HOLD FOR T3 318.20.
MCX JUNE COPPER: HIGH 315.65, OUR T2 IS 316.90//NICKEL HIGH 929.40, OUR T2 935///MINI ZINC HIGH 86.05 , BUY AT 85.40//ALUMINIUM HIGH 92.10, OUR T1 92.20//TRADERS ADVISED TO KEEP BOOKING PART PROFITS AS APPLICABLE, AND LOW RISK , MULITPLE LOT HOLDERS TRAIL SL AROUND COST TO ENSURE SAFETY OF CAPITAL AND PROFITS!!!!!!

MKT ALERT AT 2.25 PM

MCX JUNE COPPER: T1 ACH AT 314.90.
MCX JUNE COPPER APP T1 AT 314.90, CMP 314.60//LOW RISK TRADERS BOOK MAX PROFITS//RES AT 315.
MCX JUNE COPPER: LOW RISK TRADERS BOOK FURTHER PROFITS UP 314.05 AND TRAIL SL AROUND COST.

MKT ALERT AT 2.10PM

MCX JUNE COPPER: TRADERS HOLDING LONGS BOOK PART PROFITS UPTO313.60/OTHERS HOLD FOR LEVELS GIVEN.
Buy Copper Jun between 312.50 - 313 SL below 310.50 T1 314.90 T2 316.90

UPDATES FOR JUNE 28 2010

JUNE 28 MONDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 314.20 , S2 RS 312.10 , S 3RS 309.80

R1 RS 318.30 , R2 RS 320.10 , R3 RS 322.90

WAIT FOR CONFIRMATION

Friday, June 25, 2010

MARKET ALERT ON JUNE 25 FRIDAY 2.00 PM IST

LME INVENTORY

Copper Down 450 MT

Lead Down 425 mt

Zinc Down 400 MT

Nickel Down 306 MT

Aluminium Down 6975 MT

Tin Down 455 MT.

MRKT ALERT 11.25 AM

MCX Copper looks weak below 306 and could test 304 - 302 levls with Res seen above 308...!! (Levels Only )

Thursday, June 24, 2010

UPDATES FOR JUNE 25 2010

JUNE 25 FRIDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 304.60 , S2 RS 301 , S3 RS 298

R1 RS 309.50 , R2 RS 312.50 , R3 RS 315

WAIT FOR CONFIRMATION .
MCX JUNE COPPER: BOOK PART PROFITS UPTO 303.30/SELL ADVISED AT UPTO 304.20/OTHERS HOLD FOR LEVELS GIVEN.
mkt alert at 3 pm

mcx june copper , multiple lot holders// exit part lots at cost as seems range bound as of now!!!
Sell Copper Jun between 304 - 304.20 SL above 305.50 T1 302.20 T2 301

Wednesday, June 23, 2010

UPDATES FOR JUNE 24 2010

JUNE 24 THURSDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 300.30 , S2 RS 298.10 , S3 RS 295

R1 RS 305.40 , R2 RS 308 , R3 RS 310.40

WAIT FOR CONFIRMATION
GM,JUNE 24,7.15AM; US FED KEEPS INTEREST RATES UNCHANGED AT 0.25%;FED CHAIRMAN ACKNOWLEDGES SLOW PACE OF ECONOMIC RECOVERY!./CRUDE$76.15,NAT GAS$4.79//GOLD$1237,SILVER$18.60//LME COPPER $6670,OPENS HIGHER AROUND 1.8% IN EARLY TRADES!!!EXP POSITVE OPEN BASE METALS AT CURRENT TRADES COPPER LTP 302.50!!,CLD OPEN GAPUP AS OER CURRENT TREND.
MCX JUNE COPPER, CARRYOVER TRADES NOT RECOMMENDED.

MNKT ALERT AT 7.45 PM

MCX JUNE COPPER UPDATE; WEAK BELOW 301.70 WITH RES ABV 304.30 AND CLD TEST SUPPORTS 298/296//HIGH RISK TRADERS CLD SELL AT 301.40 TO 301.80.
UPDATE AT 7.40PM; NIKCLE HIT OUR TGT 795 ( GIVEN AS LEVELS FOR SELL BELOW 9100//GOLD HIT OUR TGT 18610( GIVEN AS LEVELS WEAK BELOW 188950//COPPER TESTED SUPP GIVEN AT 301.//CRUDE TESTED LEVELS 3550( WEAK BELOW 3585)//ALL OF ABV WERE GIVEN AS LEVELS FOR HIGH RISK TRADERS TO SELL!!!!
MCX JUNE COPPER UPDATE: RES NOW SEEN ABV 305.50 AND SUPPORT AT BELOW 301//APPEARS WEAK AS UNALE TO BREAK RESISTANCE.
HIGH RISK TRADERS HOLDING LONGS IN COPPER, PROTECT POSITIONS AS UNABLE TO BREAK RES AT 305 TO 306 AS ANTICIPATED!!!
MKT ALERT AT 11.15 AM

LOW RISK /MUTIPLE LOT HOLDERS BOOK PART PROFITS UPTO 304/OR

TRAIL SL AROUND COST/HIGH RISK TRADERS HOLD AS PER LEVELS.//BUY RECO

AT 302.50 TO 303.

MRKT ALERT 11.15 AM

MCX Jun Copper low risk traders can book part profits upto 304, Buy given at 302.50 - 303, Others can hold for given targets...!!

MRKT ALERT 10.30 AM

Buy Copper Jun between 302.50 - 303 SL below 301 T1 306 T2 308 (Trade Less Volumes)

UPDATES FOR JUNE 23 2010

JUNE 23 WEDNESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 300.60 , S2 RS 296.80 , S3 RS 295

R1 RS 305.40 , R2 RS 308 , R3 RS 310.40

WAIT FOR CONFIRMATION .

Tuesday, June 22, 2010

MARKET ALERT ON JUNE 22 TUESDAY 12.30 PM IST

MCX June copper now has support at Rs 297.30

Res is seen above Rs 302.75

CMP Rs 300.80

Looks weak at this moment.

These are trading levels only .
MARKET ALERT ON JUNE 22 MONDAY

MCX June copper traders still holding long as per our call

can exit at cost Rs 301.
MARKET ALERT ON JUNE 22 TUESDAY 11.30 AM IST'

MCX June copper traders holding longs as per our call at Rs 301

can book part profits at cmp Rs 302.10

Others hold with levels given .

MRKT ALERT 10.45 AM

Momentum Call - Buy Copper Jun above 301 Sl below 299.90 T1 303 T2 305 (Trade less Volumes)

UPDATES FOR JUNE 22 2010

JUNE 22 TUESDAY



TRADING LEVELS FOR MORNING SESSION



S1 RS 295 , S2 RS 292 , S3 RS 288.30

R1 RS 301 , R2 RS 305 , R3 RS 308

WAIT FOR CONFIRMATION.

Monday, June 21, 2010

MARKET ALERT ON JUNE 21 MONDAY 6.40 PM IST

MCX June Copper traders holding longs can book further profits

at CMP Rs 305

Buy was given at Rs 302.50 .
MARKET ALERT ON JUNE 21 MONDAY 5.10 PM IST

MCX June Copper traders holding longs can book part

profits at CMP Rs 303.50.

Buy was recommended at Rs 302.50 .

Others hold with levels given .
Buy Copper 302.50 to 302.70 SL below 301 T1 306 T2 307.50 high risk call.
MARKET ALERT ON JUNE 21 MONDAY 1.35 PM IST


21/06 LME Inventory Update

Copper -475MT

Lead -375MT

Zinc -100MT

Nickel -1014MT

Aluminum -6825MT

Tin -305MT.

UPDATES FOR JUNE 21 2010

JUNE 21 MONDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 291.50 , S2 RS 288.40 , S3 RS 285.60

R1 RS 297.50 , R2 RS 300.50 , R3 RS 303.80

WAIT FOR CONFIRMATION .
GM,JUNE 21,7.50AM:CRUDE$78.10(UP OVER 1%),NAT GAS$5.08(UP OVER 1%),GOLD$1258,SILVER$19.18//BASE METALS OPEN HIGHER BY OVER 1%//ALL COMMODITIES OPEN HIGHER ON TALK OF YUAN REVALUATION AGAINST USD!!!

Friday, June 18, 2010

MARKET ALERT ON JUNE 18 FRIDAY 8.45 PM IST

Sell copper June at Rs 295.80 to 296.20

Stop loss above Rs 298.50

Target Rs 293 / 291

This is a High risk call .

mkt alert at 4 pm

MCX JUNE COPPER : T2 ACH AT 291.50/SELL RECO BELOW 297.
MARKET ALERT ON JUNE 18 FRIDAY 2.45 PM IST


MCX JUNE COPPER UPDATE : Made low Rs 291.75 , against our

Target 2 Rs 291 / High risk traders hold for Target 3 Rs 289 .

MCX June Nickel update : Hit low Rs 892.20 against our

Target 2 Rs 888 , High risk traders hold for target 3 Rs 884 .

Mulitple lot holders book further profits in both .
MARKET ALERT ON JUNE 18 FRIDAY 2,.15 PM IST

MCX June Copper Target 1 Achieved at R 294

Sell was below Rs 297
MARKET ALERT ON JUNE 18 FRIDAY 1.50 PM IST


MCX June Copper approaching Target 1 at Rs 294 ,

current low Rs 294.50. , Traders can book further profits.

Sell was given below Rs 297 .
MARKET ALERT ON JUNE 18 FRIDAY 1.30 PM IST

18/06 LME Inventory Update

Copper -2750MT

Lead -1050MT

Zinc +850MT

Nickel -1254MT

Aluminum -7025MT

Tin -35MT
MARKET ALERT ON JUNE 18 FRIDAY 12.40 PM IST


MCX June Copper current low Rs 295.10 ,

low risk traders can book further profits before LME.

Sell was given below Rs 297 .
MARKET ALERT ON JUNE 18 FRIDAY 12.10 AM IST

MCX JUne copper low risk traders can book profits at

cmp Rs 295.80 ,

other hold with levels given.

Sell was given below Rs 297 .
MARKET ALERT ON JUNE 18 FRIDAY 11.50 AM IST

Sell Aluminium Jun below 89

SL above 89.90

T1 88.10

T2 87.60

This is a High Risk call .
MARKET ALET ON JUNE 18 FRIDAY 11.00 AM IST

Sell Copper Jun below 297

SL above 300

T1 294

T2 291.50

(Trade less Volumes)

UPDATES FOR JUNE 18 2010

JUNE 18 FRIDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 294.30 , S2 RS 291.30 , S3 RS 288.30

R1 RS 299.50 , R2 RS 303 , R3 RS 305.60

WAIT FOR CONFIRMATION .

Thursday, June 17, 2010

MRKT ALERT 1.30 PM

17/06 LME Inventory Update Copper +1025MT Lead -850MT Zinc -225MT Nickel -660MT Aluminum -6725MT Tin -90MT
MARKET ALERT ON JUNE 17 THURSDAY 12 .45 PM IST

MCX June copper target 1 Achieved at Rs 301 .

Sell was advised at Rs 303.10 to 303.50 .
MARKET ALERT ON JUNE 17 THURSDAY 11.20 AM IST


MCX June Copper approaching Target 1 Rs 301 ,

Sell was advised at Rs 303.10 to 303.50 ,

Current low Rs 301.70, Traders holding multiple lots ,

book further profits .
MARKET ALERT ON JUNE 17 THURSDAY 11.10 AM IST


MCX June Copper low risk traders can book part profits

Rs 302.50 , others hold with levels given .

Sell was advised at Rs 303.10 to 303.50 .
MARKET ALERT ON JUNE 17 THURSDAY 10.40 AM IST


Sell Copper Jun between 303.10 - 303.50

SL above 304.80

T1 301

T2 299.80

(Trade Less volumes )
TECHNICALS FOR JUNE 17

MCX JUEN COPPER

SUPP:306/304.50/303

RES; 309/310.80/313

Wednesday, June 16, 2010

MRKT ALERT 7.20 PM

Copper tested again the very strong sup level of 304.50 levels. Prices bouncing again. A holding above 305 could be again postiive.

MRKT ALERT 1.30 PM

16/06 LME Inventory Update Copper -2375MT Lead -900MT Zinc +625MT Nickel -450MT Aluminum -7850MT Tin -15MT
Buy Copper Jun between 310.20 - 310.60 SL below 308 T1 313.80 T2 315.40
MCX JUNE 16

MCX JUNE COPPER

SUPP; 306/304.50/301.80

RES: 310.20/311.80/313.50

Tuesday, June 15, 2010

MRKT ALERT 6.05 PM

USD Empire State Manufacturing Index Act 19.6 Fore 20.1 Pre 19.1 Import Prices m/m Act -06% Fore -1.1% Pre 0.9%.

MRKT ALERT 4.30 PM

MCX JUN COPPER APPROCHING OUR EXPECTED TGT OF 310, TRADERS HAVING LONGS CAN BOOK PROFITS.
MCX JUNE COPPER UPDATE; LOOKS POSITVE ABV 307 WITH SUPP AT 304.50 AND CLD TEST RES 310.
LME COPPER : DOWN -1650 ZINC: DOWN -575 ALUMINIUM : UP 9550 NICKEL: DOWN -1158 LEAD: DOWN -400 TIN: DOWN -280 6/15/2010

UPDATES FOR JUNE 15 2010

JUNE 15 TUESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 304.50 , S2 RS 301 , S3 RS 296.50

R1 RS 310.20 , R2 RS 312.80 , R3 RS 314.50

WAIT FOR CONFIRMATION .

Monday, June 14, 2010

MARKET ALERT ON JUNE 14 MONDAY 8.50 PM IST

MCX June Copper Target 2 Achieved at Rs 310

Traders can book further profits.

Others can hold for extended target of Rs 311.60 .

Buy was given at Rs 305 .

MRKT ALERT 8.35 PM

MCX Jun Copper approching our T2 at 310,

traders can book further profits, others

can hold for given targets.

MKT ALERT AT 7.55PM

MCX JUNE COPPER: T1 ACH AT 308.20.
MCX JUNE COPPER APPROACHING T1 AT 308.20, CMP 307.60/BOOK FURTHER PROFITS.

MRKT ALERT 1.30 PM

LME UPDATE - COPPER -1825 NICKEL -474 LEAD +175 ZINC +225 ALUMINIUM -10500..
MCX JUNE COPPER" TRADERS HAVING BUYS BOOK PART PROFITS UPTO 306.40/OTHERS HOLD AS PER LEVELS.
Buy Copper Jun between 304.50 - 305 SL below 301.80 T1 308.20 T2 310
GM, JUNE 14,7.30AM: CRUDE$74.50(UP 70 CENTS),NAT GAS$4.91, EXP SHARP GAP UP OPEN AROUND 2%//GOLD$1231,SILVER$18.31( EXP POSITVE OPEN IN BULLIONS DEPENDING ON INR OPEN)//LME COPPER $6539,UP AROUND 1% IN EARLY TRADES//DOLLAR INDEX 86.94, EURO VS DOLLAR AT 1.218//CHINA MKTS CLOSE TILL WEDNESDAY!!

Friday, June 11, 2010

UPDATE; CHINA CLOSED ON Jun 14 2010 - Monday Chinese Dragon Boat Festival SHANG
Jun 15 2010 - Tuesday Chinese Dragon Boat Festival SHANG
Jun 16 2010 - Wednesday Chinese Dragon Boat Festival SHANG

MKTA LERT AT 3.30PM

MCX JUNE COPPER: T4 ALMOST ACH AT 304.50/CMP 304.45.//BOOK FULL PROFITS/BUY GIVEN AT 297.50 TO 298.
MCX JUNE COPPER: T3 ACH AT 303.40.
MCX JUNE COPPER: T2 ACH AT 302/HOPLD FOR EXT TGTS 303.40/304.50.

MRKT ALERT 12.40 PM

MCX Jun Copper HIGH RISK Traders can book part profits upto 299.50, others can hold for given targets.

MRKT ALERT 11.30 AM

MCX Jun Copper Alert Expected trading range 295 - 302 and expect zig zag movement in this range only. Traders holding positions advised to maintain strict SL and book profits asap as could expect up and down traders.
Buy Copper Jun between 297.50 - 298 SL below 295.80 T1 300 T2 302 ( Trade Less Volumes )

UPDATES FOR JUNE 11 2010

JUNE 11 2010 FRIDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 295.10 , S2 RS 293.40 , S3 RS 289.80

R1 R S299.80 , R2 RS 302.60 , R3 RS 305.80

WAIT FOR CONFIRMATION .

Thursday, June 10, 2010

MCX JUNE COPPER: FURTHER TO MORNING UPDATE POSITVE ABAV 295, UNABLE TO BREAK THIS SUPPORT, COULS TEST RESISTANCE AT 299.70/301.10.//
MARKET ALERT ON JUNE 10 THURSDAY

LME Inventory:

Copper -1775,

Aluminum -7575,

Nickel -522,

Lead -575,

Zinc +1100
Copper looks positive above 295 and could test 299 - 301 levels. Crudeoil also looks positive with strong res seen around 3535 - 3540 levels. Sup is at 3470 - 3450

UPDATES FOR JUNE 10 2010

JUNE 10 THURSDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 293 , S2 RS 290 , S3 RS 288

R1 RS 298.50 , R2 RS 301 , R3 RS 304

WAIT FOR CONFIRMATION .

Wednesday, June 9, 2010

MCX JUNE COPPER: T3 ACH AT 294.70/BOOK FULL PROFITS/ BUY GIVEN AT 290.
MCX JUNE COPPER: T2 ACH AT 293.80/HOLD FOR T3 294.70/BOOK FURTHER PROFITS/BUY GIVEN ABV 290.
LME FOR JUNE 9; COPPER DN 1675, NICKEL DN 318, ZINC UP 225, LEAD UP 725, ALUMINIUM DN 6325.

MRKT ALERT 1.30 PM

9/06 LME Inventory Update Copper -1675MT Lead +725MT Zinc +225MT Nickel -318MT Aluminum -6325MT Tin +10MT

MRKT ALERT 12.45 PM

MCX Jun Copper approaching our T2 at 293.80, traders can book futher profits. Buy given above 290 ( Momentum Call)

MRKT ALERT 12.30 PM

MCX JUN Copper T1 Achieved at 292.50, Hold for T2 given
MARKET ALERT ON JUNE 9 WEDNESDAY 12.30 PM IST

MCX June copper approaching Target 2 at Rs 293.80.

Traders can book further profits.

Buy given at Rs 290

CMP Rs 293.30 .
MARKET ALERT ON JUNE 9 WEDNESDAY 12. 25 PM IST

MCX June copper Target 1 Achieved at Rs 292.50 .

Hold for Target 2 .
MARKET ALERT ON JUNE 9 WEDNESDAY 12.15 PM ST

MCX June Copper traders holding longs as per our buy

call given at Rs 290 , can book part profits at CMP Rs 292.40.

Others hold with levels given .

MRKT ALERT 12.10 PM

MCX Jun Copper trading holding longs above 290 can book part profits upto 291.40, others can hold for given targets.
mkt alert at 12.05 pm

mcx june copper: book part profits upto 291.50/buy given abv 290/others hold for levels and trail sl around cost.
Momentum Call - Buy Copper Jun above 290 SL below 288 T1 292.50 T2 293.80 (BC High Risk )

UPDATES FOR JUNE 9 2010

JUNE 9 WEDNESDAY

TRADING LEVELS FOR MORNINIG SESSION

S1 RS 285.10 , S2 RS 282.60 , S3 RS 278.10

R1 RS 290 , R2 RS 294 , R3 RS 298

WAIT FOR CONFIRMATION .
GM, JUNE 9,7.30AM: GOLD$1238( HIGH$1252 YESTERDAY,LTP 18980).SILVER$18.28(LTP29380)//CRUDE$72.50(LTP 3385)CLD OPEN AROUND 3400,NAT GAS$4.77(LTP226.50)//LME COPPER$6173(LTP287.15)OPENS HIGHER0.60% IN EARLY TRADES , CLD OPEN AROUND 288 TO 288.50,//

Tuesday, June 8, 2010

8/06 LME Inventory Update Copper -900MT Lead -425MT Zinc -500MT Nickel +84MT Aluminum -7875MT Tin -25MT

MRKT ALERT 11.12 AM

MCX Jun Copper update - Looks weak below 290 with res seen above 293 and could test supports 286 / 284.

UPDATES FOR JUNE 8 2010

JUNE 8 TUESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 285 , S2 RS 282.60 , S3 RS 279.40

R1 RS 300.40 , R2 RS 304 , R3 RS 307.80

WAIT FOR CONFIRMATION .
REMINDER: MKTS VERY VOLATILE AND CHOPPY LAST 2 DAYS//WHEN WE GIVE A CALL, THE RISK LEVEL,IF ANY, IS MENTIONED ALONG WITH THE CALL!/LOW RISK TRADERS ADVISED TO TRADE LESS AND AVOID RISKY CALLS FOR NOW/ MEMBERS ADVISED TO KEEP BOOKING PROFITS AS AND WHEN TOLD, TRAIL SL AROUND COST IF REQD WHEN PART PROFIT BOOKED, OR MAINTAIN STRICT SL !!!

Monday, June 7, 2010

MCX JUNE COPPER: TRADERS HOLDING MULTIPLE LOTS BOOK FURTHER PROFITS UPTO CMP 284.80/OTHGERS HOLD FOR T2.

MKT ALERT AT 8.15 PM

MCX JUNE COPPER: APPROACHING T1 AT 286,CURRENT LOW 286.50/BOOK FURTHER PROFITS/SELL ADVISED AT 289.70/

MKT ALERT AT 7.05 PM

MCX JUNE COPPER: TRADERS HOLDING SELLS AT 289.70, BOOK PART PROFITS UPTO 288.70/OTHERS HOLD FOR LEVELS GIVEN.
MCX JUNE COPPER UPDATE; HIGH RISK TRADERS HOLDING SELLS FROM MORNING CALL AT 289 CAN HOLD WITH SL 292.50/ CAN ADD SELLS UPTO 289 60 TO 289.80 WITH SL ABV 293 AND TGTS 286/283.
MCX COPPER UPDATE: IMM RES SEEN AT 291, TRADES CONSOLIDATING AFTER INITIALLY TESING SUPPORTS AT 286//LOW RISK TRADERS PREFER WAIT CLEAR BREAKOUT AND TRADE LESS !!! CMP 289.80..

MARKET ALERT ON JUNE 7 MONDAY 1.30 PM IST

LME WAREHOUSE STOCKS :

Copper down 2750 MT

Nickel down 540 MT

Aluminium down 6975 MT

Zinc down 750 MT

Lead up 725 MT .

MARKET ALERT ON JUNE 7 MONDAY 1.30 PM IST

Sell MCX June Copper between Rs 288.50 to 289

Stop loss above Rs 292.60

Target 1 Rs 285.20

Target 2 Rs 283.20

UPDATES FOR JUNE 7 2010

JUNE 7 MONDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 291.10 , S2 RS 288.60 , S3 RS 285.30

R1 RS 295.60, R2 RS 298.30 , R3 RS 301.10

WAIT FOR CONFIRMATION ,
GM, JUNE 7,7AM: ASIAN EQUITIES CRASH //CRUDE$69.80(EXP GAPDOWN OPEN AROUND 3315)//NAT GAS4.81..EUO VS USD AT 1.19//DOLLAR INDEX 88.65//GOLD$1215, SILVER$17.30//LME COPPER $6110( DOWN ABOUT 2.2%//EXP GAP DOWN OPEN MCX AROUND 287 TO 288 )//NIFTH EXP TO OPEN GAPDN AROUND 4980, EXP INR TO DEPRECIATE SHARPLY!!!

Saturday, June 5, 2010

GM, JUNE 5,7AM:DOW CRASHES OVER 3.4% ,EUROPEAN INDICES CRASH OVERNIGHT//POOR US JOBS DATA,CHINA DEMAND DOUBTS, HUNGARY CRISIS DRAGS EURO DOWN VS USD BELOW 1.21//COMODITIES CRASH, GOLD HOLDS!!!

Friday, June 4, 2010

EURO VS USD BREAKS CRITICAL SUPP IF 1.21 CMP 1.205//SIGNALLING FURTHER WEAKNESS IN EURO AND STRENGTHENING OF USD!!
WELL , THIS WAS WHAT WE EXP IN COPPER THIS MORNING!! UNFORTUNATELY TIMING GOT MISSED!!!!!!!!!!! COPPER LOW 298.60/MORNING SELL GIVEN AT 305.80!!!!
mkt alert at 6 pm

mcx june crude : bok part profits at 3460.
U.S Non-Farm Employment Change Act 431K Fore 521K Pre 290K Unemployment Rate Act 9.7% Fore 9.8% Pre 9.9% Average Hourly Earnings m/m Act 0.3% Fore 0.1% Pre 0.0%
SHARP DEPRECIATION IN INR BY 40 PAISE LAST 1 HOUR HAS SEEN A SHARP RALLY IN BULLIONS!!!
DATA FROM US EXP AT 6 PM// PLS WAIT FRESH ENTRY AFTER DATA COMES OUT.//FOR NOW BOOK ALL AND EXIT.COPPER CMP 304.

MRKT ALERT 5.12 PM

MCX JUN COPPER APPROCHING OUR T2 AT 302 (SELL GIVEN FOR HIGH RISK TRADERS ASLEVELS)

MRKT ALERT 5.12 PM

MCX JUN COPPER APPROCHING OUR T2 AT 302 (SELL GIVEN FOR HIGH RISK TRADERS ASLEVELS)
MARKET ALERT ON JUNE 4 FRIDAY 5.00 PM IST

MCX June copper Target 1 Achieved at Rs 304

Approaching our Target 2 Rs 302 .

Sell call was given for High risk traders .
MCX JUNE COPPER UPDATE: WEKA AGAIN BELOW 306 WITH RES BV 309 AND CLD TEST 304/302( LEVELS FOR HIGH RISK TRADES)
MARKET ALERT ON JUNE 3 FRIDAY 3.45 PM IST

MCX June copper kas immediete support at Rs 306

Nect support at Rs 301.50.

Res is seen above Rs 309.

CMP Rs 306.25 .
MKTS EXP TO BE POSITIVE, HENCE REVERSALS SEEN// TRADE LESS TILL DATA COME SEVENING, THATS WHY GIVING AS RISK CALLS, PLS PROTECT PROFIT STOPS AVLB FOR WEEK BEFORE ENTERING TRADES!!SILVER MINI ALSO BOOK MAX PROFITS UPTO 28600.

update at 1.40pm

mcx june copper update: cld test res at 309low risk traders holding sells cld exit upto 307 and wiat fresh entry.cmp 306.70.

MRKT ALERT 11.13 AM

MCX Jun Copper low risk traders can book part profits upto 304.50, Sell given at 305.50, others can hold for given targets..

MRKT ALERT 10.40 AM

Sell Copper Jun between 305.30 - 305.80 SL above 308.10 T1 302.20 T2 300.10

UPDATES FOR JUNE 4 2010

JUNE 4 FRIDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 303.10 , S2 RS 299.40 , R3 RS 295.50

R1 RS 309.80 , R2 RS 313.80 , R3 RS 317

WAIT FOR CONFIRMATION.
PAYROLL DATA FROM US EXP TO BE RELEASED EVENING//MKTS EXP A SHARP JUMP !!!//INR OPEN SUNCHANGED AT 46.69.
UPDATE: DOLLAR AT 4 YEAR HIGH VS EURO, BRINGING DOWN BASE METALS, CMP 87.16///EURO VS DOLLAR AT CRITICAL SUPP 1.21//ANY FURTHER STRENGTHENING OF USD TO BE WATCHED FOR COOMODITIES IMPACT( BEARISH)!!!!//COPPER TRADING AT POSITIVE IN EARLY TRADES//ZINC NEXT SUPP 79.10, LEAD NEXT SUPP 76.10, COPPER SUPP 303 RES 308!!!
GM,JUNE 4,7.20AM: CRUDE$74.42(LTP 3450,EXP GAPUP OPEN AROUND 3485,NAT GAS$4.70(LTP U.FREEZE AT 219),GOLD$1207,SILVER$17.96(LTP 28750)//LME COPPER $6525,LTP COPPER 305.85, NICKLE LTP 877!//DOLLAR INDEX87.13,EURO VS USD 1.2176///EXP COPPER OPEN AROUND 306.50 TO 307.

Thursday, June 3, 2010

MKT ALERT AT 7.20PM

As Copper broken another sup of 309 looks more weak in coming days till 305 - 303 - 300 levels. Nickel falling breaking all the strong sup. could test more lows... CMP 309. NICKEL 915.

TECHNICALS FOR NYMEX TRADE FOR JUNE 3 2010

JUNE 3 THURSDAY

TRADING LEVELS FOR EVENING SESSION

S1 RS 311.60 , S2 RS 309.10 , S3 RS 306

R1 RS 315.30 , R2 RS 317.30 , R3 RS 320.40

WAIT FOR CONFIRMATION .
MARKET ALERT ON JUNE 3 THURSDAY 6.00 PM IST


MCX June Copper Target 3 Achieved at Rs 310.80 ,

Sell was advised below Rs 314.50 .
MARKET ALERT ON JUNE 3 THURSDAY 6.00 PM IST


MCX June Copper Target 3 Achieved at Rs 310.80 ,

Sell was advised below Rs 314.50 .
TRADERS HOLDING SELLS IN COPPER /HOLD FOR TGT 310.80//TRADERS HOLDING SELLS IN NICKEL HOLD FOR T3 910.
MARKET ALERT ON JUNE 3 THURSDAY 4.30 PM IST


MCX June Copper Target 1 Achieved at Rs 312 .

Sell was advised below Rs 314.50 .
MARKET ALERT ON JUNE 3 THURSDAY 4.30 PM IST


MCX June Copper approaching Target 1 at Rs 312 ,

Current low Rs 312.65 .

Sell was advised below Rs 314.50 .

MKT ALERT AT 3.50PM

MCX JUNE COPEPR: TRADERS HOLDING SELLS AT 314.50 BOOK FURTHER PROFITS AT CMP 312.70.
MCX JUNE COPPER: LOW RISK TRADERS HOLDING SELLS AT 314.50 BOOK PART PROFITS AT 313.50/OYTHERS FOR LEVELS GIVEN.
03/06 LME Inventory Update: Copper -925MT Lead -25MT Zinc -875MT Nickel -588MT Aluminum -7300MT
Sell Copper Jun below 314.50 SL above 317.50 T1 312 T2 310 (High risk )

UPDATES FOR JUNE 3 2010

JUNE 3 THURSDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 311.50 , S2 RS 309.60 , S3 RS 306

R1 RS 317 , R2 RS 319 , R3 RS 321.50

WAIT FOR CONFIRMATION .

Wednesday, June 2, 2010

MKT ALERT AT 7 PM

MCX JUNE COPPER UPDATE: WEAK BELOW 312 WITH RES ABV 315 AND CLD TEST SUPP 310/308( HIGH RISK TRADERS CLD INITIATE SELLS UPTO 312, WITH SL ABV 315 FOR TGTS 310/308)

MKT ALERT AT 2.15 PM

MCX JUNE COPPER: LOW RISK TRDAERS BOOK FULL PROFITS AT CMP 310.20/SELL GIVEN BELOW 315!!! HIGH RISK TRADERS HOLD FOR T3.
MCX JUNE COPPER: T2 ACH AT 311/HOLD FOR FURTHER T3 GIVEN.
02/06 LME Inventory Update: Copper -350MT Lead -450MT Zinc -1375MT Nickel -960MT Aluminum -7725MT Tin -395MT
MCX JUNE COPPER;APP T2 AT 311/HIGH RISK TRADERS CLD HOLD FOR T3 AT 309/LOW RISK TRADERS KEEP BOOKING FURTHER PROFITS.

MKT ALERT AT 11.15 AM

MCX JUNE COPPER APP T2 AT 311//TRADERS BOOK FURTHER PROFITS AT CMP 312.20/OTHERS HOLD FOR T2.

MKT ALERT AT 10.35 AM

MCX JUNE COPPER: SELL AT 315 TO 315.20 SL ABV 318 TGT 313/311
TECHNICALS FOR JUNE 2

MCX JUNE COPPER

SUPP: 317/314.50/312.80

RESl 320.50/3222.80/325

Tuesday, June 1, 2010

TECHNICALS FOR NYMEX TRADE FOR JUNE 1 2010

JUNE 1 TUESDAY

TRDING LEVELS FOR EVENING SESSION .

S1 RS 314.20 , S2 RS 312.50 , S3 RS 309

R1 RS 318 , R2 RS 320.50 , R3 RS 323

WAIT FOR CONFIRMATION .

MRKT ALERT 1.30 PM

01/06 LME Inventory Update: Copper -1150MT Lead +2075MT Zinc 1200MT Nickel -108MT Aluminum -5225MT Tin +290MT

MKT ALERT 11.20AM

MCX JUNE COPPER: TRADERS HAVING SELLS AT 318 BOOK PART PROFITS UPTO CMP 316.25/OTHER SHOLD FOR LEVELS.
Sell Copper Jun between 317.50 - 318 SL above 320.50 T1 314.50 T2 312.80

UPDATES FOR JUNE 1 2010

JUNE 1 TUESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 318 , S2 RS 315 , S3 RS 311.40

R1 RS 322 , R2 RS 325.50 , R3 RS 327.80

WAIT FOR CONFIRMATION .