31/12 LME Inventory Update Copper +1550MT Lead +1425MT Zinc -275MT Nickel +228MT Aluminum -3550MT

DEC 31 FRIDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 433.65 , S2 RS 431.85 , S3 RS 429.25

R1 RS 437.75 , R2 RS 440.05 , R3 RS 442.85

WAIT FOR CONFIRMATION .

GM DEC 31,7.30AM; CRUDE $89.72 LTP4033 SUPP 4020 RES 4080 TRADING FLAT/NAT GAS TRADING FLAT LTP 193.30 SUPP 190 ES 195-197/GOLD$1408, SILVER $30.60 SILVER LTP 45920 SUPP 45700 RES 46250/BASE METALS TRADING FALT TO MILD POSITVE COPPER CLOSED AT NEW HIGH 435.85 RES 437 SUPP 434/

LME : COPPER UP 5050 NICKEL DOWN 276 ALU UP 8025 ZINC UP 3075 LEAD DOWN 850.

MCX FEB COPPER: OUR BUY LAST 2 DAYS FROM 328-330/ CURRENT HIGH 434/ TRADERS HOLDING LONGS BOOK FURTHER PROFITS/OTHERS HOLD FOR EXT TGT 436.

INR OPENS STRONGER ARD 14 PAISE AT 44.90./

TECHNICALS FOR DEC 30

MCX FEB COPPER

SUPP: 328/326.50/324.80

RES: 332/334.40/335.80

DATA TONITE: 7PM UNEMPLYMENT CLAIMS PREV 420K SURVEY 416K/8.30PM PENDING HOME SALES PREV 10.4% SURVEY 1.8%/9PM NAT GAS STORAGE PREV -184BCF SURVERY-171BCF/9.30PM CRUD EINVENTPRY PREV-5.3M SURVER -2.8M.

GM DEC 30,8.15AM: 91.13 LTP 4122 SUPP 4090 RES 4140-4160-4180 TRADES FLAT/NAT GAS$4.30 LTP 193.70 RES 196.50 SUPP 190 TRADES FLAT/ GOLD$1413, SILVER$30.60 BULLIONS TRADE FLAT, SILVER LTP 46024 SUPP 45650 RES 46200-46400 OVERALL POSITIVE//BASE METALS TRADING FLAT COPPER LTP 429.50 SUPP 427.50 RES 432.

LME : COPPER UP 225 NICKEL DOWN 1158 ALU DOWN 2700 ZINC NIL LEAD DOWN 150.

update at 12 noon

mc xfeb copper; our carryover buy yesterday at 430 app t1 at 432.80 high 432.40/book part profits.

technicals for dec 29

mcx feb copper

supp: 428.90/427.60/425.80

res : 432.30/434/435.50

GM DEC 29,7.45AM; CRUDE$91.33,CRUDE LTP 4137 RES 4148-4164 SUPP 4115/ NAT GAS$4.26 TRADING FLAT, CRUDE INVENTORY EXP ON DEC 30 AT 9.30PM EXP DOWN 2.8MB VS -5.3MB// BULLIONS TRADING FIRM GOLD$1404, SILVER$30.19 LTP 45586,SILVER TRADING ABV STRONG RES$30 IF SUSTAINS CLD TEST $30.50-31-31.50, MCX RES ARD 45700-45750//BASE METALS OPEN MARGINALLY LOWER COPPER DN ARD 0.50%/

MCX COPPER FEB BOOK PART PROFITS UPTO 431.40, OTHERS HOLD FOR GIVEN TARGETS. BUY GIVEN ABOVE 430. CARRY OVER.

NCDEX MAR POTATO BOOK PART PROFITS UPTO 625-627 BUY GIVEN THIS MORNING 615-620.

MC XFEB COPPER HITS CONTRACT HIGH 430.85/ TRADERS HOLDING CARRYOVER LONGS BOOK FURTHER PROFITS.

Buy Copper Feb above 430 SL below 427.50 T1 432.80 T2 434.50

OUR BUY COPPER YESTERDAY AT 428.20-428.60 LOW 426.60 TGTS 431.50-433.50 LTP 429.40//

TECHNICALS FOR DEC 28

MCX FEB COPPER

SUPP:426.40/424.80/421.50

RES: 431.80/433.50/435.

UPDATE AT 8.30AM: CRUDE FLAT FLAT, NAT GAS MARGINALLY DOWN//GOLD CLD OPEN HIGHER ARD RS 60-RS70; SILVER CLD OPEN HIGHER ARD 44500-44600, HOLD CARRYOVER BUYS AT 44300 FOR TGTS 44600/44850;// COPPER TRADING HIGHER ARD 0.50% CLD OPEN ARD 431//

GM DEC 28,7.25AM:CRUDE$91.18 LTP4141 RES 4160 SUPP 4115 TRADES FLAT/NAT GAS44.08 trading flat at lows/GOLD$1388 SILVER$29.43 BULLIONS TRADING HIGHER , HOLD CARRYOVER LONGS MARCH SILVER MINI AT 44300//BASE METALS TRADING FIRM COMEX COPPER LTP 429.85 RES 431.70 SUPP 426 EXP POSITIVE OPEN.

Copper could face strong res around 428. Sup seen at 426. Nickel trading range bound. Strong sup at 1070 which could decide further trend. Trade less or protect your positions as choppy trading ahead of Holidays and less participation

MCX FEB COPPER HAS SMALL RES AT 430 /LOW RIKS TRADERS BOOK FURTHER PROFITS UPTO 329.75/ OR TRAIL SL ARD COST/ BUY AT 328.50.

MCX FEB COPPER: BOOK PROFITS UPTO 429.50/ BUY AT 428.50/OTHERS HOLD AS PER LEVELS GIVEN/

Buy Copper Feb between 428.20 - 428.60 SL below 425 T1 431.50 T2 433.50.

DEC 27 2010

TRADING LEVELS FOR MORNING SESSION

S 1 RS 425.70 , S2 RS 423.90 , S3 RS 421.30

R1 RS 429.80 , R2 RS 432.10 , R3 RS 434.90

WAIT FOR CONFIRMATION .

GM DEC 27,7.40AM;XCRUDE$91.20 OPEN MARGINALLY DOWN ARD 0.30 CENTS LTP 4161 RES 4175 SUPP 4115, CLD OPEN ARD 4150/NAT GAS OPENS LOWER ARD 1% LTP 183.60 SUPP 180 RES 187 CLD TEST SUPP/GOLD$1382,SILVER429.20 BULLIONS TRADING FLAT/BASE METALS TRADING MARGINALLY HIGHER(0.25%) AFTER TRADING DOWN UPTO 1% IN EARLY TRADES /LME CLOSEDTODAY AND TOMNORROW/ CHINA INCREASES INT RATES BY 0.25%/

China Raises Interest Rates by 25 Basis Points in Bid to Curb Inflation

LME WAREHOUSE STOCKS : COPPER UP 3000 MT, NICKEL UP 570 MT, ALUMINIUM DOWN 6225 MT, ZINC DOWN 200 MT, LEAD UP 25 MT.

MCX FEB COPPER EXP TO REMAIN RANGE BOUND WITH RES ABV 429.80 AND SUPPORTS 424.50/423//

DEC 24 FRIDAY

TRADING LVELS FOR MORNING SESSION

S1 RS 423 , S2 RS 420.50 , S3 RS 418

R1 RS 429.50 , R2 RS 432 . R3 RS 435

WAIT FOR CONFIRMATION.

MCX FEB COPPER T1 ACH AT 422.80, SELL GIVEN AT 424.80-425.20.

MCX FEB COPPER APP OUR T1 AT 422.80, SELL GIVEN AT 424.80-425.20. CMP 423.10.

MORE SELLING IN COPPER IF SUSTAINS BELOW 424

LME : COPPER UP 3775/ALU UP 5775/NICKEL UP 1026/ ZINC DN 50/ LEAD UP75.

MCX FEB COPPER; BOOK PART PROFITS UPTO 424/SELL AT 425.

MCX FEB COPPER UPDATE: MARGINALLY WEAK BELOW 425 WITH RES ABV 428.50 AND CLD TEST SUPP 422.80/421//LEVELS FOR TRADERS//

Lead range bound betweeen 110 -111 and Zinc between 104-105. No clear movement seen. Aluminium trading positive.Face strong res at 111. Crude looks positive. Gas range bound around 186.

Copper in bit correction mode below 425. Buy on dips is the statergy now. Res 425 sup seen at 422.Nickel trading weak and could test 1060 also if sustains below 1090 levels.

DEC 23 THURSDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 425 , S2 RS 423 , S3 RS 420.50

R1 RS 429.50 , R2 RS 432 , R3 RS 435

WAIT FOR CONFIRMATION .

GM DEC 24,7.45AM:CRUDE$90.68 LTP4099 RES 4120-4130 SUPP 4070 EXP MILD POSITIVE OPEN/NAT GAS LTP185.40 RES 190 SUPP 183 EXP OPEN NEGATIVE//GOLD41387 SILVER$29.29 BULLIONS TRADING FLAT//BASEMETALS TRADING FLAT COPPER LTP 427 RES 430 SUPP 425, NICKEL LTP1089 SUPP 1080 RES 1102//

MCX FEB COPPER: LOW RISK TRADERS BOOK PART PROFITS UPTO 427.80-428.

LME: COPPER UP 1225/ NICKEL UP 774/ ALU DOWN 3850/ ZINC DOWN 300/LEAD UP300.

MCX FEB COPPER HAS SUPP 426-425 A BREAK OF THIS CLD TEST 423.50-423-422 WITH RES NOW AT 430.///MCX SILVER MINI MARCH RES STRONG AT 44680 AND CLD TEST SUPP 44300/44200 //// MKTS CLD SEE PROFIT BOOKING AT HIGHER LEVELS FOR YEAR END .

LOW RISK TRADERS EXIT LONGS IN BASE METALS.

BASE METASL LOOKING TO TO CORRECT DOWN / COPPER STRONG SUPP 425/ LOW RISK TRADERS REDUCE LOTS OR EXIT UPTO 426.50.

MARKET ALERT ON DEC 22 WEDNESDAY 10.15 AM IST

Buy Copper Feb between 427.10 - 427.50

SL below 425

T1 429.50

T2 431.60.

DEC 22 WEDNESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 424 , S2 RS 421 , S3 RS 418

R1 RS 430 , R2 RS 433 , R3 RS 436

WAIT FOR CONFIRMATION .

GM DEC 22,7.45AM; CRUDE $89.95 LTP 4085 SUPP 4060 RES 4110 EXP FLAT TO MILD POSITIVE OPEN/NAT GAS LTP 186.50 SUPP 185 RES 190/GOLD$1389, SILVER$29.32 LTP 44529 BULLIONS RANGEBOUND SIL RES 44800 SUPP 44100// BASE METALS OPEN FLAT LME COPPER $9320 SAW SHARP UPMOVE YESTERDAY AFTER RECORD CHINA IMPORTS AND SUPPLY DISRUPTIONS IN CHINA COPPER RES 430 SUPP 425//

MCX FEB COPPER T2 ACH AT 427, BUY GIVEN AT 422.40-422.80.

LME; COPPER UP 150/MNICKEL UP 1698/ ALU DN 3325/ ZINC UP 225/LEAD DOWN 250.

MCX FEB COPPER APP T2 AT 427, CMP 426.20 BOOK FURTHER PROFITS OR HOLD FOR 427 - 429 TARGETS.

MCX FEB COPPER: T1 ACH AT 425/ BUY AT 422.60/ HIGH 424.95.

MCX FEB COPPER APP T1 AT 425 CMP 424.50/ BUY AT 422.60/ BOOK FURTHER PROFITS.

MCX FEB COPPER NEXT RES 424/ NICKEL AT 1125/

MCX FEB COPPER: LOW RISK TRADERS BOOK PART PROFITS UPTO 423.40/ BUY AT 423.40-423.80 LEVELS.

Buy Copper Feb between 422.40 - 422.80 SL below 420.20 T1 425 T2 427. Medium Risk

GM DEC 21.7.50AM; CRUDE$89.65 LTP 4058 SUPP 4025 RES 4075 EXP OPEN MILD POSITIVE/NAT GAS LTP189.40 SUPP 184.80 RES 192.50/195 EXP POSITIVE MOMENTUM ABV 190 CLD TEST RES// GOLD$1387/ SILVER$29.33 LTP44552 SUPP 44060 RES 44800-44850 EXP BULLIONS OPEN SAME LEVELS/ BASE METALS OPEN MILD POSIITIVE COP LTP 422.90 SUPP 420.50 RES 425 LME COPPER AT$9220// HOLD LONGS IN COPPER, ZINC AS PER LEVELS YESTERDAY/

MCX FEB COPPER T1 ACH AT 423.60, BUY GIVEN ABOVE 420.50.

MCX FEB COPPER LOW RISK TRADERS ADVISED TO BUY ABOVE 421.50 BOOK PART PROFITS UPTO 423.30.

MCX FEB COPPER T1 ALMOST ACH AT 423.60, BUY GIVEN ABOVE 420.50. CURRENT HIGH 423.30 TRADERS CAN BOOK FURTHER PROFITS.

MCX FEB COPPER TRADERS CAN BOOK FURTHER PROFITS UPTO 422.30, BUY GIVEN ABOVE 420.50 FOR HIGH RISK TRADERS.

REMINDER; COPPER AND NICKEL FACING RES AT LIFE HIGHS/ LOW RISK TRADERS ADVISED TO REENTER ABV HIGHS AS ADVISED EARLIER/

MARKET ALERT ON DEC 20 MONDAY 2.40 PM IST

MCX Dec Nickel facing strong Res at Rs 1130 and

Copper at Rs 421 .

Trade with strict sl /

Low risk traders can reenter above day high .

MARKET ALERT ON DEC 20 MONDAY 2.30 PM IST

LME WAREHOUSE STOCKS :

Copper up 1175 MT ,

Nickel up 948 MT ,

Aluminium down 4700 MT ,

Zinc Down 500 MT ,

Lead Up 150 MT .

MARKET ALERT ON DEC 20 MONDAY 12.15 PM IST


High Risk Traders holding longs in Copper above

Rs 420.50 can book part profits

at cmp Rs 421 . 50 .

MARKET ALRT ON DEC 20 MONDAY 11.2 AM IST


MCX Feb copper positive above Rs 420.50 ,

with support at 418.50 and cld test RS 423.60 / 425 .

High Risk traders can operate with these levels .

TRADING CALL FOR DEC 20 MONDAY 10.40 AM IST


Sell SteelLong NCDEX Jan below 25800

SL above 25930

T1 25680

T2 25600.

High risk .

DEC 20 MONDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 417.15 , S2 RS 415.35 , S3 RS 412.75

R1 RS 421.25 , R2 RS 423.55 , R3 RS 426.35

WAIT FOR CONFIRMATION .

MKTS UNCERTAIN AFTER EARLY POSITIVE START AS NORTH KOREA AND SOUTH KOREA ENTER INTO NEW WAR OF WORDS!!!!

INR WEAKNENS SHARPLY BY 27 PAISE AT OPEN/ CLD PUSH UP OR HOLD COMM HIGHER!!CMP 45.61.

GM DEC 20,7.10AM: CRUDE$88.36 OPENS MARGINALLY HIGHER EXP OPEN HIGHER//NAT GAS OPENB SLOWER ARD 1% RES 190 SUPP 183/ BULLIONS OPEN SSHARPLY HIGHER GOLD$1384 HIGHER BY ARD RS 80; SILVER $29.37 HIGHER ARD RS 200-250 AS PER CURRENT LEVELS/BASE METALS OPEN SHARPLY HIGHER, LME COPPER$9221 UP OVER 1%, ZINC AND LEAD OPEN HIGHER OVER 1.5%/COPPER LTP 419.20 RES 421-423-425 SUPP 416, CLD OPEN AT RES/NICKEL LTP 1131.80 RES 1135-1140 SUPP 1120//

4.15 PM

MCX EXCHANGE LOGGED OFF DUE TECHNICAL PROBLEM.

LME: COPPER UP600/ NICKEL UP 444/ ALU DN 1700/ZINC UP 275/ LEAD DN 175.
LME: COPPER UP600/ NICKEL UP 444/ ALU DN 1700/ZINC UP 275/ LEAD DN 175.

DEC 17 FRIDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 412 , S2 RS R410.50 , S3 RS 408

R1 RS 416 , R2 RS 418.50 , R3 RS 421

WAIT FOR CONFIRMATION .

UPDATE AT 9AM; EXP OPENING; GOLD UP RS 70RS, SILVER HIGHER ARD 44400/CRUDE4015, NAT GAS ARD 184/COPPER ARD 418-418.50//

GM DEC 17,7.45AM; CRUDE$88.24 LTP 4002 RES 4030 SUPP 3980 FLAT OPEN/NAT GAS$LTP 185.20 SUPP 183 RES 190 EXP OPEN MILD DOWN/ GOLD$1374 SILVER$29.10 EXP BULLIONS MUILD POSITVE OPEN SILVER ARD 44200-44250 RES 44500 SUPP 43770/ BASE METALS OPEN SHARPLY HIGHER COPPER OPEN HIGHER ARD 0.80% LTP 414.90 CLD OPEN ARD 417/NICKEL LTP 1121 RES 1128 SUPP 1112/ZINC AN DLEAD HIGHER OVER 1%.

MCX FEB COPPER T1 ACHIEVED AT 412.80, HOLD FOR T2 GIVEN

MCX FEB COPPER APP OUR T1 AT 412.80, SELL GIVEN AT 415-415.40, CMP 413.10. (RESET)

MCX FEB COPPER TRADERS CAN BOOK PART PROFITS UPTO 413.70, SELL GIVEN AT 415-415.40. (RESET)

LME COPPER UP 2850/ NICKEL UP 252/ ALU DN 4625/ ZINC DN 575/ LEAD UP 725.

low risk traders avoid fresh positions for now in copper and nickel// both booked copper t1 ach/ nickel almost t1 ach//

MCX FEB COPPER T1 ALMOST ACH AT 412.80, SELL GIVEN AT 415-415.40. CURRENT LOW 412.90

REMINDER: KEEP BOOKING PROFITS EVERY STAGE AS CANNOT RULE OUT BOUNCE UP!!!!

MCX FEB COPPER: LOW RISK TRADERS BOOK FURTHER PROFITS UPTO 414/SELL AT 415-415.60.

MCX FEB COPPER: BOOK PART PROFITS UPTO 414.40/SELL GIVEN AT 415-415.60.

TRADING CALL FIOR DEC 16 THURSDAY 10.40 AM IST

Sell Copper Feb between 415 - 415.40

SL above 417.60

T1 412.80

T2 411.

Medium Risk.

DEC 16 THURSDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 414 , S2 RS 411 . S3 RS 409

R1 RS 419 , R2 RS 421 , R3 RS 423

WAIT FOR CONFIRMATION .

UPDATE T 9 AM: EXP BASE METALS OPEN WITH MILD NEGATIVE BIAS COPPER CLD OPEN ARD 415.30-415.50/BULLIONS OPEN DOWN/CRUDE SAME AS CLOSE LEVELS, NAT GAS MARGINALLY HIGHER/INR OPENS HIGHER 15 PAISE AT 45.56/ CLD HOLD COMM LEVELS.

GM DEC 16,7.30AM:CRUDE$88.51 LTP 4019 WEEKLY SUPP AT 3970 RES 4040-4065 EXP OPEN FLAT/NAT GAS$4.24 TRADES FLAT LTP192.60 SUPP 190 RES 196 INV TONITE EXP POSITVE FOR PRICES/BULLIONS LOWER GOLD$1380 SUPP$1372, SILVER$29 EXP WEAK OPEN SILVER WEEKLY SUPP 44000-43800 RES 44680 PROFIT BOOKING FOR YEAREND COMING/BASE METALS TRADES FLAT COP LTP 416 SUPP 414-412.50 RES 419.50, NICK LTP 1115 SUPP 1097 RES 1025.50 LOOKS POSITIVE/

MX FEB COPPER UPDATE; SOME BOUNCE CLD BE SEEN IF SUSTAINS ABV 418 WITH SUPP AT 415 AND CLD TEST RES 419.50- 420.50-422//LEVELS FOR HIGH RISK TRADERS.

TALKS OF MOODYS DOWNGRADINGD SPAIN TODAY SENT FEARS THAT THE EURO CRISIS MAY WORSEN/IMPACT: EURO WEAKENED AND US DOLLAR STRENGTHENED , HENCE BASE METALS CAME DOWN TO SUPPORTS//

NOW LOW RISK TRADERS CLD WAIT FOR FRESH ENTRY AFTER US OPENS EVENING//

Buy Copper Feb between 417.30-417.60 SL below 415.50 T1 420 T2 422. High Risk

MCX FEB COPPER UPDATE: MARGINALLY WEAK BELOW 418 WITH RES ABV 419 AND CLD TEST SUPP 415//LEVELS. ONLY.

Copper looks positive but facing strong res levels around 420 levels. More buying could come on a strong break above this or around 416 levels. Nickel trading bit weak if sustains below 1100 levels. Lead again caught around 108 - 110 levels. Zinc around 104 - 105. Both cant able to break resistance levels.
: Crudeoil trading range bound between 3970 - 4000. No trading opportunity seen. Gas buying could come around low 193 levels. Weak below this.

INR OPENS WEAKER BY 25 PAISE AT 45.21// CLD HOLD BULLIONS//

TECHNICALS FOR DEC 15
MCXFEB COPPER

SUPP: 417.40/415/413.50
RES: 421/424/425.50

UPDATE AT 8AM; BASE METALS TRADING MAGINALLY LOWER COPPER DOWN 0.30% CLD OPEN ARD 418 AS PER CURRENT TREND/

GM DEC 15, 7.45AM; CRUDE$88 LTP 3990, WEEKLY BASIS POSITVE ONLY ON CLOSE ABV $90 RES NOW AT 4030 SUPP 3960/ NAT GAS$4.24 SUPP 191 RES 198/GOLD$1395, SILVER429.48 TRADING FLAT//BASE METALS TRADES FLAT TO MILD POSITVE COPPER OVERALL POSITVE WEEKLY BASIS SUPP 415 RES 421-424-426 ; NICKEL SUPP 1100 RES 1120-1125//COPPER ETF'S BEING LAUNCHED SHORTLY OVERSEAS, COPPER FUT SEEING STEADY ACCUMULATION/

FED KEEPS INTEREST RATES UNCHANGED AT 0.25%/COMMENTS ECONOMIC RECOVERY STILL SLOW/ COMMITS TO RECOVERY STIMULUS PACKAGE /US DOLLAR INDEX AT 79.58.

FED MEET IN US LATER TONITE / DECISION ON INTEREST RATES AFTER MKT CLOSE TONITE/ EXP HUGE VOLATILTY AND SWINGS/ TRADE LESS AS PER LEVELS GIVEN //

LME : COPPER COPPER UP 450/ LEAD 0/ ZINC UP 43475/ NICKEL DN 90/ ALU 11225.

Buy Copper Feb abv 420.80 SL below 419 Tgt 423 - 426. High Risk.

DEC 14 TUESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 414 , S2 RS 411 , S3 RS 409

R1 RS 421 , R2 RS 424 , R3 RS 428

WAIT FOR CONFIRMATION .

UPDATE AT 8.15 AM; BULLIONS TRADING HIGHER GOLD$1402( LD OPEN HIGHER ARD RS 70)SILVER 429.72 CLD OPEN HIGHER ARD 44600-44650 DEPENDS ON INR OPEN SILVER NEXT RES $30-$30.50/ FOMC DECISION IMPACT MORE ON BULLIONS/COPPER NICKEL TRADING MARGINALLY LOWER ARD 0.205, ZINC HIGHER ARD 0.50%.

GM DEC 14,7.45AM; ALL COMM TRADING FLAT AHEAD OF FED MEET IN US TONITE/ CRUDE$88.40 LTP3972 SUPP 3960 RES 4030/NAT GAS$4.41// GOLD$1400, SILVER$29.68 EXP OPEN MILD POSITVE LTP 44400 RES 44780 SUPP 44300/COPPER LTP 420 RES 421-423 SUPP 415 TRADING FLAT/ NICKEL LTP1112.30 RES 1121 SUPP 1002//

MCX DEC CRUD EOIL UPDATE; WEEKLY BASIS SUPP AT 3975 AND CLD TEST RES 4040-4050-4060// COPPER UPDAYE; POSITVE WITH WEEKLY SUPP NOW AT 414 AND CLD TEST RE 421-422-423

LME : COPPER UP 1825/ALU DN 1650/ NICKEL DN 120/ ZINC UP 25650/LEAD DN 1200.

Copper breaks life high and looks positive above 415 till 420 - 422 levels. Strong sup seen at 413.Crudeoil trading range bound still between 3970 - 4030. Etiher break and close could decide further opportunity.

DEC 13 MONDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 409.75 , S2 RS 407.95 , S3 RS 405.35

R1 RS 413.85 , R2 RS 416.15 , R3 RS 418.95

WAIT FOR CONFIRMATION .

exp gapup open base metals; copper at ard life highs// silver to open higher ard 43650/ crude to open ard 3975-3980/ nat gas to open 1% higher//

UPDATE AT 8.20AM; CRUDE TRADING MARGINALLY HIGHER ARD $88, NAT GAS UP OVER1%//SILVER UP ARD 25 CENTS CLD OPEN ARD 43600//GOLD FLAT//COPPER UP ARD 0.80% CLD OPEN ARD414-414.50/ ZINC UP ARD 2%, LEAD, ALU UP OVER 1%/NICKEL MARGINALLY HIGHER CLD OEPN ARD 1090-1092// COMM REACTING POSITIVE AFTER CHINA DID NOT INCRESE INTEREST RATE AS EXP BT MKTS//CAUTION: FOMC MEET IN US TOMORROW!! INTEREST RATES EXP TO BE KEPT UNCHANGED//

gm dec 13,7.30am: crude trading flat$87.78 ltp 3968 supp 3940 res 3910; nat gas $4.48 opens higher 1 %/ gold $1385( tardes flat), silver 28.81 opens higher marginally ltp 43415 supp 43000 res 43650 cld test res at open/ base metals open higher copper up ard 0.80% lme copper$9060 /china inflation at alltime high even as china does not raise inteerest rates//

LME COPPER DN 825/ NICKEL DN 12'/ ALU DN 4275/ ZINC DN 700/ LEAD DN 875.

Copper trading between 410 - 413 levels. A strong break could have further trend. Overall looks positive. Nickel strong sup seen at 1068 - 1070. If holds above could go up till 1080 - 1085.Zinc and Lead looks positive.

DEC 10 FRIDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 407 , S 2RS 403 , S3 RS 400.50

R1 RS 412 , R2 RS 415 , R3 RS 418

WAIT FOR CONFIRMATION .

UPDATE AT 8.30AM: CRUDE$88.50//BASE METALS TRADING MARGINALLY HIGHER , COPPER UP ARD 0.40%//

GM DEC 10,7.50AM; CRUDE $88.43LTP 4019 RES 4040 SUPP 3990/NAT GAS $4.42 LTP 203.80/GOLD$1390, SILVER$28.91 LTP 43688 RES 44000 SUPP 43300/BASE METALS TRADING FLAT AHEAD OF CHINESE EXPORT/IMPORT DATA THIS MORNING AND ITS POSSIBLE IMPACT/COPPER 408.70 SUPP 406 RES 410.50/NICKEL 1068 SUPP 1060 RES 1077//

MKTS TRADING ZIG ZAG WITHOUT CLEAR DIRECTION/ TRADE LESS /LOW RISK TRADERS AVOID FRESH ENTRY/

MCX FEB COPPER: POSITVE ABV 410.50 WITH SUPP AT BELOW 409 AND CLD TEST 413-414-415//HIGH RISK TRADERS CLD TRADE AS PER THSES LEVELS.

REMINDER: HAD INDICATED WHEN COPPER WAS 414.40 THAT CLD CORRECT DOWN TILL 412.50-411!!!! TESTED BOTH
REMINDER: HAD INDICATED WHEN COPPER WAS 414.40 THAT CLD CORRECT DOWN TILL 412.50-411!!!! TESTED BOTH

COPPER UPDATE: AS ALERTED THAT COPPER CLD HV CORRECTIVE DIPS TILL 412.50-411 IF NOT BREAKS 415.50 CMP 412/GIVEN WHEN RATE WAS 414.40.!!!

MCX FEB COPPER UPDATE: FACING STRONG RES AT 415.50 CLD SEE SMALL CORRECT DIPS TILL 412.50-411.50, NEXT UPMOVE IF SUSTAINS ABV 415.50//LEVELS//

MCX FEB COPPER T1 ACHIEVED AT 415, BUY GIVEN ABOVE 413.

MCX DEC CRUDE POSITVE WITH SUPP AT 3990 AND CLD TEST 4040 LEVELS, POSITVE ABV 4010 /// MCX DEC NAT GAS POSITVE ABV 208 WITH SUPP 205.50 AND CLD TGT 211 // MCX DEC LEAD MINI POSITVE ABV 108.50 AND CLD TGT 109.50/110.50 WITH SUPP 106.70 // COPPER POSITVE ABV 413 WITH SUPP 410 AND CLD TEST RES 415-417-418( HIGH RISK)/// ALL GIVEN AS LEVELS FOR TRADERS TO OPERATE WITH LEVELS GIVEN

TECHNICXALS FOR DEC 9

MCX FEB COPPER

SUPP: 409.20/406/404.20

RES: 413.90/415.60/417.50

COPPER TRADING HIGHER ARD 0.70% MCX TERMS ARD 314// DOLLAR INDEX BREAKS BELOW 80 CMP 79.70//CTRUDE$88.90 MCX ARD 4025//

ALERT: TRADE LESS ON INTRADAY BASIS AS MKTS EXP CHINA INTEREST RATE HIKE ANOTHER ROUND BY WEEKEND!!!

ALUMINIUM ROSE SHARPLY YESTERDAY AFTER NEWS THAT SOUTH AFRICAN MINE BHP BHILTON ANNOUNCED A STRIKE//EXP CRUD EOPEN POSITVE ARD 4030/NAT GAS TO TEST RES 208-210/COPPER CLD OPN MILD HIGHER ARD 413/ NICKEL CLD TEST RES 1100-1100 HOLD LONGS AS PER CALL YESTERDAY/SILVER MINI POSITVE OPEN ARD 43300-43350/GOLD HIGHER ARD RS 50// ALL AS PER CURRENT TREND , ALSO DEPENDS ON INR OPEN!!!

GM DEC 9,7.45AM:GOLD$1387,SILVER$28.57 BULLIONS OPEN OFF LOWS OF YESTERDAY SILVER SUPP 42750 RES 43400/43600, EXP MILD POSITVE OPEN//CRUDE$89.02 LTP 4010 SUPP 3990 RES 4030-4040 EXP POSITVE OPEN; NAT GAS$4.60 SHARP RISE YESTERDAY AFTER ESTIMATE SHARP DROP IN INVENTORY RES 208-210 SUPP 203.50/BASE METALS TRADING FLAT COPPER LTP 412 SUPP 408 RES 413.50-414; NICKEL LTP 1097 RES 1105-1110 SUPP 1087 OVERALL BULLISH/

MARKET ALERT ON DEC 8 WDNESDAY 9,.20 PM IST

All Basemetals seem to be taking some downward corrction

Copper is trading near support 406 .

If it breaks and sustains below it could test Rs 404 / 403

levels.

These are only levels .

MARKET ALERT ON DEC 8 WEDNESDAY 8.30 PM IST

MCX Feb Coper looks positive above Rs 407

support seen below Rs 405.90

Could test Rs 408.30 / 409.50

These are Trading levels only .

LME Inventory: Copper -1125 , Aluminium -5800 , Nickel +180 , Zinc -650 , Lead -100 , Tin -35

COPPER UPDATE; NEXT UPMOVE IF BREAKS AND SUSTAINS ABV 402.30.
COPPER UPDATE; NEXT UPMOVE IF BREAKS AND SUSTAINS ABV 402.30.

COPPER WILL FACE STRONG RES AT 402-403 ZONE !!!!

MCX FEB COPPER: LOW RISK TRADERS BOOK PART PROFITS UPTO 401.70./BUY AT 401.

BUY COPPER FEB BETWEEN 400.80 - 401.20 SL BELOW 399 t1 403.50 T2 405.50. TRADE LESS.

TECHNICALS FOR DEC 8

MCX FEB COPPER:

SUPP:398/396.40/395

RES: 404.80/406.50/408

ALL COMM ZOOMED YESTERDAY AFTER US GOVT DECIDED TO EXTEND TAX BREAKS BY ANOTHER 2 YEARS, DECREASE IN MONEY MKT INTEREST RATES IN CHINA, DECREASING INVENTORIES IN LME AND CHINA/ CORRECTION CAME AFTER USD STRENGTHENED LATER EVENING AFTER US ANNOUNCEMENTS AND PROFIT BOOKING SET IN/ EXP SHARP GAPDOWN OPEN BULLIONS , CRUDE DOWN ABT RS 25, BASE METASL COPPER DN ARD 0.60%, ZINC LEAD ABOUT 1%, NICKEL DN ARD0.50%/ SUPPORTS COPPER 398 , NICKEL 1064,ZINC 100.50//

GM DEC 8,7.40AM: BULLIONS CORRECTED SHARPLY AFTER HITTING LIFE HIGHS YESTERDAY; GOLD$1398, SILVER$28.78 WAIT FOR FRESH ENTRY, EXP GAP DOWN OPEN //CRUDE$88 LTP 3992 SUPP 3960 RES 4025 EXP DOWN OPEN/NAT GAS$4.38 LTP 199.30 SUPP 198 RES 205 EXP FLAT OPEN//BASE METALS CORRCET DOWN AFTER HITTING NEW HIGHS, EXP OPEN LOWER COPPER ARD 0.50%LTP 402.15 SUPP 398 RES 406//

MCX FEB COPPER POSITIVE ABV 407.80 WITH SUPP AT 406 AND CLD TEST RES 410/LEVELS FOR HIGH RISK TRADERS

LME COPPER DN 1000/ NICKEL UP 234/ ALU DN 4500/ ZINC DN 625/ LEAD DN 400.

MCX FEB COPPER : T3 ACH AT 407, BUY AT 400.50// MCX DEC ALUMINIUM T1 ACH AT 104.90, BUY AT 104.

mcx feb copper: t1 ach at 403/ buy at 400.50-401.

MCX FEB COPPER APP T1 AT 403, CMP 402.50/BOOK FURTHER PROFITS/ BUY GIVEN AT 400.50-401.

MCX FEB COPPER: BOOK PART PROFITS AT 401.55 TO 402/ BUY AT 400.70 LEVELS/OTHERS HOLD AS PER LEVELS.

Buy Copper Feb between 400.50 - 401 SL below 398 T1 403 T2 405. Medium Risk

TECHNICALS FOR DEC 7

MCX FEB COPPER

SUPP; 307.40/396/394.80

RES: 400.70/403/404.80

UPDTAE AT 8.40AM; CRUDE RECOVERING CMP $89.18, BASE METALS TRADING AT SAME LEVELS AS CLOSE LAST NIGHT// EXP BULLIONS TO OPEN GAP UP DEPENDS ON INR OPEN, SILVER CLD TEST RES 45000-45200; GOLDMINI JAN 20820-20860/

BULLIONS ZOOM AS EURO SOVERIEGN CRISIS WORRIES LINGER/ EURO WEAKENS AND DOLLAR STRENGTHENS A BIT HOLDING BACK BASE METALS LAST NIGHT/SILVER HITS HIGH 45000 LAST NIGHT( HAD GIVEN LAST WEEK ABV 42200 CLD TGT 45000/*****, T1 ACH)/GLD NEXT RES $1440/COPPER NEXT A CLOSE ABV 401 CLD TAKE IT TO HIGEHR LEVELS/

GM,DEC 7,7.30AM: CRUDE$88.97 LTP4002 SUPP 3975 RES 4030TRADING MARGINALLY WEAK/NAT GAS LTP 202 OPENS MARGINALLY HIGHER RES 205 SUPP 198//BULIONS ZOOM TO LIFEHIGHS GOLD HITS HIGH LAST NIGHT$1427 CMP $1420,SILVER HIGH$30.24 CMP$30.01 EXP POSITVE OPEN( LONGS IN GOLDMINI AND SILVER MINI AS PER YESTERDAYS BUY CALLS ON, HOLD AS PER LEVELS GIVEN)//BASE METALS TRADING FLAT COPPER LTP 399.30 RES 401 SUPP 396, NICKEL LTP 1066 SUPP 1056 RES 1077/DOLLAR INDEX 79.60.

LME: COPPER DN 1250/ ALU UP 6225/ NICKEL UP 270/ ZINC DOWN 200/ LEAD UP 275.

MCX FEB COPPER:T2 ACH AT 397.80.

MCX FEB COPPER APP T2 AT 397.80 CMP 398.10/ BOOK FURTHER PROFITS OR TRAIL SL ARD COST/ SELL AT 399.80.

MCX FEB COPPER T1 ACH AT 398.60.

Sell Copper Feb between 399.70 - 399.90 SL above 401 T1 398.60 T2 397.80. High Risk Momentum Call

Copper trading zig zag and could face strong res around 400. Nickel also trading range bound between 1065 - 1075. Lead tight range between 105.50 - 106.50.Zinc between 100 - 101. Base metals remain range bound.

TECHNICALS FOR DEC 6

MCX FEB COPPER:

SUPP; 398/396/394.40

RES: 402/404/406

BULLIONS POSITVE AFTER FED CHAIRMAN STATES STRONG CASE FOR PURCHASE OF MORE TREASURY BONDS AND FOR MORE LIQUIDITY IN MKTS/IMPACT: USD CLD WEAKEN AND BULLIONS CLD BE SOUGHT AS ALTERNATE INVESTMENTS// CRUDEOIL RISES TO 26 MONTH HIGH ON HOPES OF DEMAND RECOVERY/

GM DEC 6,7.10AM: CRUDE$89.30 FLAT TO MILD POSITVE OPEN LTP 4037 RES 4060 SUPP 4000/NAT GAS$4.40 OPENS POSITVE LTP 195.70//GOLD$1412 TRADING FLAT/ SILVER OPENS HIGHER ABOUT 1% AT $29.60( AS ALERTED 8 DAYS BACK AGO IF CLOSES ABV 42200 CLD TGT 45000, 46000!!!)//BASE METALS OPEN FLAT COPPER LTP 400.30 RES 402-403 SUPP 396//US DOLLAR INDEX 79.41//

MARKET ALERT ON DEC 3 FRIDAY 7,45 PM IST


Sell Copper Feb below 396

SL abv 398.5

T1 393.8

T2 392.

High Risk. Less Volumes.

MARKET ALERT ON DEC 3 FRIDAY 7.35 PM IST

Base metals seems slight weakness as can't able to

hold at highs.

Copper sup at 396 and weak below this could test 394-393

LME Warehouse Stocks: Copper up 1200 MT, Aluminium up 1200 MT, Nickel up 120 MT, Zinc down 225 MT, Lead down 175 MT

MCX COPPER T1 ACHIEVED AT 399.20

MARKET ALERT ON DEC 3 FRIDAY 12.45 PM IST

MCX Feb Copper Traget 1 almost achieved at Rs 399.20

Current high Rs 399.10 .

Buy was between rs 397,40 to 397.80 .

Buy Copper Feb between 397.40 -397.80 SL below 395.80 T1 399.20 T2 401.50. High Risk.

DEC 3 FRIDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 396 , S2 SR 394 , S3 RS 390.50

R1 RS 401 , R2 RS 404 , R3 RS 407

WAIT FOR CONFIRMATION .

DEC 3 FRIDAY

GOOD MORNING :

Gold and Silver rallied yesterday due to dollar weakening against

the other currencies . LGDGold now trading at $ 1390.60 ,

Silver at $ 28.78.Base metals rallied higher due to more than

expected US Home Resale which jumped to a record 10 % .

Copper now trading at $ 397.850 .

Crude also rose with all these positive news coming in.

Crude is now trading at $ 87.840 and Gasoline at $ 4.346 .

MARKET ALERT ON DEC 2 THURSDAY 10.20 PM IST

: MCX Feb Copper carry over longs for Target of

T2 - 401.5 and T3 - 403.4.

Trail SL to 397.

LME Data: Aluminum: -4450; Copper: -2425; Lead: -25; Nickel: -1014; Zinc: +2450;

MARKET ALERT ON DEC 2 THURSDAY 12.10 PM IST

MCX Feb Copper Target 1 Achieved at Rs 399.50

Buy 396.40 to 396.80 .

MCX FEB COPPER BOOK PART PROFITS UPTO 397.60, BUY GIVEN AT 396.80, OTHERS HOLD FOR TARGETS GIVEN

Buy Copper Feb between 396.40 - 396.80 SL below 394 T1 399.50 T2 401.50.

DEC 2 THURSDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 393.50 , S 2RS 390.10 , S 3 RS 386.60

R1 RS 398 , R2 RS 401 , R 3 RS 403

WAIT FOR CONFIRMATION .

GOOG MORNING MESSAGE FOR DEC 2 THURSDAY

Base metals rallied upwards due to Chinese Manufacturing

expansion . Crude also rallied after a greater than forecast

growth in the US . Gold and silver rallied due to Europe

debt crisis and as is seen as a safe haven.

Nymex Crude

now at $ 86.62 ,

Copper at 395 $ , LGD Gold $ 1390.35 , LSI $ 28.58 .

MARKET ALERT ON DEC 1 WEDNESDAY 8.15 PM IST


MCX Feb Copper approaching Target 2 at Rs 394.90 ,

Current High Rs 394.50

Buy was above Rs 390.50

MARKET ALERT ON DEC 1 WEDNESDAY 7.40 PM IST

MCX Feb Copper achieved Target 1 at Rs 392.80,

Buy was given above Rs 390.50 .

MCX FEB COPPER BOOK PART PROFITS UPTO 391.60, BUY GIVEN ABOVE 390.50 RESET

MCX FEB COPPER : BOOK FURTHER PROFITS UPTO 391.80.

MCX FEB COPPER: BOOK PART PROFITS UPTO 391.15-391.30/ BUY ABV 390.50.

Buy Copper Feb above 390.50 SL below 388 T1 392.80 T2 394.90. High Risk.

looks positive above 390 and could test 393-395 levels supports seen at387.nickel positive above 1055 till 1070-75. Lead and Zinc looks positive, could face resistance around cmp.

TECHNICALS FOR DEC 1

MCX FEB COPPER

SUPP:386.20/383.80/380.70

RES: 390.60/393.20/396

GM DEC 1,7.30AM:CRUDE $84, LTP 3924 SUPP 3890-3900 RES 3950/NAT GAS$4.21 LTP 193.80 RES 198 SUPP 190//GOLD$1388.50 SILVER$28.14, BULLIONS ZOOMED LAST NIGHT AND TRADING ABV RES ON SAFE HAVEN DEMAND/BASE METALS TRADING FLAT TO MARGINALLY DOWN/DOLLARINDEX AT 81.30/EURO CRISIS FEARS OF SPREADING LINGERS PUSHING DOWN CRUDE AND TAKING BULLIONS HIGHER/