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Wednesday, August 4, 2010

MRKT ALERT 1.30 PM

04/08 LME Inventory Update Copper -125MT Lead +125MT Zinc -700MT Nickel -288MT Aluminum +1225MT Tin +40MT

14 comments:

Unknown said...

AKSHAYA,

WHEN LME INVENTORY OF COPPER IS -125MT WHAT DOES IT MEAN .
WHAT HAPPENS IF IT IS +125 MT

akshaya said...

mohit, lme data shiows daily increses or decreases in the lme warehouses; usually the impact is short term and temporary.
akshaya

nobin said...

akshaya pls tell me the res of copper

karim123 said...

akshaya
can i buy copper here? cmp 343?? give me any idea sir ji, i am waiting for ur reply

Dhananjay said...

ADP Non-Farm Employment Change
is Positve +42k

Unknown said...

Sir what abt ISM non manufacturing data

Unknown said...

i would still suggest shorting copper with sl @ 345.1 and target 335.. risk:reward ratio is great!

dholsingh said...

rajath kis level pae copper sell banta hai

akshaya said...

SIRS, COPPER RES ABV 345, IF CLOSES ABV 345 IS POSITVE, SUPP NOW AT 339; DATA TODAY FROM US IS MILD POSITVE ONLY, BUT THE DOLLAR CLD STRENGTHEN AND EURO WEAKER !!!!!

AKSHAYA

Unknown said...

@Dholsingh

sir, i am short @ 342.. sl 345.1
the price being higher now will give you an even better risk:reward ratio.. i only look at risk:reward in my trades.. and i trade only when my reward is atleast twice the risk

cheers

Unknown said...

copper sl@ 345.1 triggered.. positions closed

akshaya said...

daer all, the views and levels expressed by mr.rajat are his personal views and not those of the author of this blog!
akshaya

Dhananjay said...

Hi Akshaya,
Can you help me with trend in crude please

akshaya said...

ATTENTION DHANANJAY
MCX Aug Crude support is seen at Rs 3760 and Res at Rs 3830 .
AKSHAYA