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Wednesday, March 31, 2010
MRKT ALERT 8.20 PM
EXIT FROM APR COPPER AROUND COST AS IT IS NOT GAINING MOMENTUM AND WAIT FOR FRESH ENTRIES.
MRKT ALERT 4.45 PM
MCX Apr Copper Traders can book part profits upto 353.30, Others hold for given targets. Buy given at 351.80.
MRKT ALERT 1.30 PM
31/03 LME INVENTORY DATA: Copper -575 mt lead +125mt, Nickle +336mt, Zinc -50 mt Aluminum -4700 mt ,tin +80mt
MRKT ALERT 11.20 AM
Low risk traders exit long in copper 351.50 and nickel upto 1094, High risk traders hold longs with revised sl in copper to 349, and same sl in nickel.
UPDATES FOR MARCH 31 2010
MARCH 31 WEDNESDAY
TRADING LEVELS FOR MORNING SESSION
S1 RS 349 , S2 RS 345 , S3 RS 341
R1 RS 356 , R2 RS 359 , R3 RS 362
WAIT FOR CONFIRMATION .
TRADING LEVELS FOR MORNING SESSION
S1 RS 349 , S2 RS 345 , S3 RS 341
R1 RS 356 , R2 RS 359 , R3 RS 362
WAIT FOR CONFIRMATION .
Tuesday, March 30, 2010
TECHNICALS FOR NYMEX TRADE FOR MARCH 30 2010
MARCH 30 TUESDAY
TRADING LEVELS FOR EVENING SESSION
S1 RS 350.20 , S2 RS 348 , S3 RS 345.70
R1 RS 353.40 , R2 RS 356, R3 RS 358.20
WAIT FOR CONFIRMATION .
TRADING LEVELS FOR EVENING SESSION
S1 RS 350.20 , S2 RS 348 , S3 RS 345.70
R1 RS 353.40 , R2 RS 356, R3 RS 358.20
WAIT FOR CONFIRMATION .
MKT ALERT AT 12.20PM
MCX APRIL COPPER: LOW RISK TRADERS CLD BOOK FURTHER PROFITS BEFORE LME UPTO 349.85 TO 350//BUY AT 348.40./OTHER HOLD FOR LEVELS.
MKT ALT AT 11.25 AM
MCX APRIL COPPER: LOW RISK TRADERS BOOK PART PROFITS AT 349.30 TO 349.50/BUY GIVEN AT 348.40/OTHERS HOLD FOR LEVELS.CMP 349.35.
Monday, March 29, 2010
MKT ALERT AT 8.40 PM
MCX APRIL COPPER APPROACHING T2 AT 349.60 CMP 349.15/BOOK FURTHER PROFITS/ BUY AT 345.30.
Saturday, March 27, 2010
Friday, March 26, 2010
MRKT ALERT 6.50 PM
MCX APR APPROACHING OUR T2 AT 343, CURRENT HIGH 342.80. TRADERS CAN BOOK PART PROFITS/HOLD FOR EXT TGT OF 344.60. BUY GIVEN AT 339.20.
MRKT ALERT 5.10 PM
MCX APR COPPER OUR T1 ALMOST ACHIEVED FOR HIGH RISK TRADERS. BUY GIVEN AT 339.20. HOLD FOR T2.
TECHNICALS FOR NYMEX TRADE FOR MARCH 26 2010
MARCH 26 FRIDAY
TRADING LEVELS FOR EVENING SESSION
S1 RS 337.30 , S2 RS 335 , S3 RS 332.60
R1 RS 340.50 , R2 RS 342.60 , R3 RS 345
WAIT FOR CONFIRMATION .
TRADING LEVELS FOR EVENING SESSION
S1 RS 337.30 , S2 RS 335 , S3 RS 332.60
R1 RS 340.50 , R2 RS 342.60 , R3 RS 345
WAIT FOR CONFIRMATION .
10.45 am
Buy Copper Apr between 339.00 -339.20 SL below 337.50 T1 341.60 T2 343 (Trade Less Volumes ) High Risk
UPDATES FOR MARCH 26 2010
MARCH 26 FRIDAY
TRADING LEVELS FOR MORNING SESSION
S1 RS 336.60 , S2 RS 333.60 , S3 RS 331
R1 RS 340.30 , R2 RS 342.60 , R3 RS 345
WAIT FOR CONFIRMATION .
TRADING LEVELS FOR MORNING SESSION
S1 RS 336.60 , S2 RS 333.60 , S3 RS 331
R1 RS 340.30 , R2 RS 342.60 , R3 RS 345
WAIT FOR CONFIRMATION .
Thursday, March 25, 2010
MRKT ALERT 10.50 AM
MCX APR COPPER PRE MRKT CALL SELL AT 336.80, LOW RISK TRADERS BOOK PART PROFITS UPTO 335.50/OTHERS HOLD FOR GIVEN TARGETS.
LIMA (Reuters) - Workers at the Shougang Hierro Peru iron mine and Cerro Verde copper mine will go on strike next week to demand better wages and a larger share of profits, union leaders said Wednesday.Miners at Shougang Hierro Peru will put down tools March 29, while workers at Cerro Verde will strike March 31.Shougang Hierro Peru, a unit of the Chinese Shougang Group, is Peru's only iron producer.
Wednesday, March 24, 2010
UPDATES FOR MARCH 24 2010
MARCH 24 WEDNESDAY
TRADING LEVELS FOR MORNING SESSION
S1 RS 337.20 , S2 RS 334 , S3 RS 331.60
R1 RS 342.60 R2 RS 345 , R3 RS 347.30
WAIT FOR CONFIRMATION .
TRADING LEVELS FOR MORNING SESSION
S1 RS 337.20 , S2 RS 334 , S3 RS 331.60
R1 RS 342.60 R2 RS 345 , R3 RS 347.30
WAIT FOR CONFIRMATION .
Tuesday, March 23, 2010
Monday, March 22, 2010
MRKT ALERT 09.45 PM
Momentum Call - Buy Copper Apr between 338.10 - 338.30 SL below 336.80 T1 340 T2 341.60
MRKT ALERT 3.10 PM
MCX APR COPPER APPROACHING OUR T1 AT 335.30, LOW RISK TRADERS BOOK FULL PROFITS UPOT 335.50 -335.70. OTHERS HOLD FOR TGTS GIVEN.
MRKT ALERT 2.30 PM
LME Inventory: Copper -900, Aluminum -8450, Nickel -42, Zinc+525 , Lead +375, Tin +25
MRKT ALERT 11.50 PM
MCX APR COPPER LOW RISK TRADERS CAN BOOK PART PROFITS UPTO 337.50, OTHERS CAN HOLD FOR GIVEN TARGETS
MRKT ALERT 11.10 PM
Sell Copper Apr between 338.50 - 339 SL above 342.10 T1 335.30 T2 333 (Trade Less Volumes)
Friday, March 19, 2010
Thursday, March 18, 2010
Wednesday, March 17, 2010
MRKT ALERT 10.50 PM
TRADERS HOLDING LONGS IN COPPER AND NICKEL CAN CARRY OVER TRADES WITH REVISE SL OF 339.40 AND 994.
MKT ALERT AT 3.50PM
MCX APRIL COPPER: TRADERS HOLDING LONGS BOOK FURTHER PROFITS AT CMP 342.30/HOLD FOR TGTS.
UPDATES FOR MARCH 17 2010
MARCH 17 WEDNESDAY
TRADING LEVELS FOR MORNING SESSION
S1 RS 336.20 , S2 RS 334 , S3 RS 332
R1 RS 340 , R2 RS 342.40 , R3 RS 345
WAIT FOR CONFIRMATION .
TRADING LEVELS FOR MORNING SESSION
S1 RS 336.20 , S2 RS 334 , S3 RS 332
R1 RS 340 , R2 RS 342.40 , R3 RS 345
WAIT FOR CONFIRMATION .
Tuesday, March 16, 2010
Monday, March 15, 2010
MRKT ALERT 9.15 PM
MCX APR COPPER APPROACHING OUR T2 AT 333, CURRENT LOW 333.35, TGT EXT UPTO 331.40. REVISE SL 336.
MRKT ALERT 12.10 PM
MCX APR COPPER TRADERS HOLDING SELLS BOOK PART
PROFITS UPTO 336.50-336.60, OTHERS HOLD FOR GIVEN TARGETS.
PROFITS UPTO 336.50-336.60, OTHERS HOLD FOR GIVEN TARGETS.
Friday, March 12, 2010
Thursday, March 11, 2010
Wednesday, March 10, 2010
MRKT ALERT 7.28 PM
MCX COPPER WEAK BELOW 342, AND IT COULD TEST 339/337, WITH RES SEEN ABOVE 344.50 (TRADERS CAN OPERATE THESE LEVELS)
MRKT ALERT 7.15 PM
MCX COPPER WEAK BELOW 342, AND IT COULD TEST 339/337, WITH RES SEEN ABOVE 344.50.
MRKT ALERT 1.40 PM
Copper looks Range Bound between 340 - 345. Looks weak below 342 levels and could test 340/338. Res seen around 344.50 - 345. Nickel medium term looks weak and strong res seen at 1020 and below 1010 could test 990 levels. Silver strong res seen at 27150 and weak below 27000 could test 26700 / 26500.
Tuesday, March 9, 2010
MRKT ALERT 9.15 PM
MCX APR COPPER LOOKS POSITIVE ABOVE 340.20 AND COULD TEST 343/345, SUP SEEN BELOW 338.
MKT ALERT AT 3.10 PM
MCX APRIL COPPER: TRADERS HOLDING SELLS BELOW 340 BOOK FURTHER PROFITS AT CMP 339.10/HOLD FOR FINAL TGT OTHERS AND REV SL TO COST.
MKT ALERT AT 2.35PM
MCX APRIL COPPER: 340 IS VERY STRONG LEVELS/ TRADERS ADVISED TO BOOK PROFITS AND ADVISED TO SELL BELOW 340 FOR LEVELS.
MKT ALERT AT 2 PM
MCX APRIL COPPER: LOW RISK TRADERS BOOK PART PROFITS UPTO 341.30/ SELL AT 342.50 TO 343./OTHERS HOLD FOR LEVELS.
UPDATES FOR MARCH 9 2010
MARCH 9 TUESDAY
TRADING LEVELS FOR MORNING SESSION
S1 RS 340.40 , S2 RS 338 , S3 RS 335,60
R1 RS 345.30 , R2 RS 347.60 , R3 RS 350
WAIT FOR CONFIRMATION .
TRADING LEVELS FOR MORNING SESSION
S1 RS 340.40 , S2 RS 338 , S3 RS 335,60
R1 RS 345.30 , R2 RS 347.60 , R3 RS 350
WAIT FOR CONFIRMATION .
Monday, March 8, 2010
MKT ALERT AT 2.40 PM
MCX APRIL COPPER: LOW RISK TRADERS BOOK APRT PROFITS UPTO CMP 347.25/HOLD FOR LEVELS/ BUY AT 346.25 TO 346.50.RES AT 347.35.
Friday, March 5, 2010
MRKT ALERT 3.27 PM
MRKT ALERT :- MCX APR COPPER TESTED SHARPLY THE SUPPORT LEVLES OF 340 - 341. NOW SLIGHTLY BOUNCING BACK. TRADERS HOLDING SELLS KEEP TIGHT SL OF 344 MAX. REVERSAL CAN BE SEEN IF BREAKS 344.
MRKT ALERT 2.32 PM
LME Inventories Update: Copper -1075 Lead +1300 Zinc -350 Nickel -714 Alu -6850 Tin +30
Thursday, March 4, 2010
MRKT ALERT 6.30 PM
News Tonight :- 7.00 PM Unemployment Claims Prv 496 k Exp 472k. Non Farm Productiviey Prv 6.2% Exp 6.2%. Unit Labor Costst Prv -4.4% Exp -4.3%. 8.30 PM Pending Home Sales Prv 1.0% Exp 1.4%. Factory Orders Prv 1.0% Exp 1.4%. 9.00 PM Natural Gas Storage Prv -172B Exp -130B.
MKT ALERT AT 3.20 PM
MCX APRIL COPPER; HIGH RISK TRADERS HOLDING LONGS AT 344, BOOK PART PROFITS AT 344.85 TO 345.40/HOLD FOR LEVELSOTHERS.CURRENT HIGH 345.80.
MRKT ALERT 1.40 PM
HIGH RISK TRADERS CAN BUY COPPER APR UPTO 344 AND COULD TST 347 - 350 AGAIN WITH STOPS BELOW 341.50 STRICTLY..CMP 344.10
Wednesday, March 3, 2010
MRKT ALERT 1.25 PM
MCX APR COPPER APPROACHING OUR T1 AT 343, TRADERS CAN BOOK FURTHER PROFITS UPTP 343.10 OTHERS CAN HOLD FOR GIVEN TARGETS. BUY GIVEN AT 341.
MKT ALERT AT 12.30 PM
MCX APRIL COPPER: BOOK PART PROFITS UPTO 342/BUY GIVEN AT 340.50 TO 341/OTHERS HOLD FOR LEVELS.
Tuesday, March 2, 2010
Monday, March 1, 2010
MRKT ALERT 7.20 PM
MCX APR COPPER LOW RISK TRADERS CAN BOOK PART PROFITS UPTO 342.20, OTHERS HOLD FOR GIVEN TARGETS, BUY GIVEN AT 340.30.
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