MARKET ALERT ON JULY 30 FRIDAY 8.05 PM IST

MCX Aug Copper Target 2 Achieved at Rs 337.80

Target extended up to Rs 339.20

Buy was given at Rs 334.70 .

MCX Aug Copper app our T2 at 337.80, CMP 337.40, Buy given at 334.70..!

MCX Aug Copper T1 achieved at 336.50, hold for
T2 given..!

MCX Aug Copper app our T1 at 336.50, CMP 336.20,
Buy given at 334.70..!

MKT ALERT AT 3.40PM

MCX AUG COPPER: BOOK FURTHER PROIFTS UPTO CMP 336.

DATA TONITE FROM US: CONSUMER SENTIMENT/GDP DATA; MKTS WAITING FOR DATA FOR NEXT MOVE , IF DATA COMES NEGATIVE MKTS CLD TURN DOWN//TRADE LESS WITH STRICT SL OR LOW RISK TRADERS PREFER WAIT FOR DATA FOR FRESH ENTRY, TRADES AT ENTRY LEVEL NOW!!!

MCX Aug Copper Traders can book part profits upto 335.60, others can hold for given targets. Buy given at 334.70

TRADING CALL FOR JULY 30 FRIDAY 11.00 AM IST

MCX Aug Copper between Rs 334.50 to 335

Stop loss below Rs 333.50

Target 1 Rs 336.50

Target 2 Rs 337.80

This is a High Risk Call .

JULY 30 FRIDAY

TRADING LEVE;LS FOR MORNING SESSION

S1 RS 334 , S2 RS 331 , S3 RS 327.50

R1 RS 338.50 , R2 RS 340.50 , R3 RS 342

WAIT FOR CONFIRMATION .

GM JULY 30,7.55AM: CRUDE$78.24, NAT GAS$4.85, GOLD$1168,SILVER$17.60//BASE METALS TRADING MARGINALLY LOWER BY AROUND0.50%!!!

MARKET ALERT ON JULY 29 THURSDAY 1.30 PM IST

LME INVENTORY DATA

COPPER 100 MT UP

LEAD 475 MT UP

NICKEL 444 MT .

ALUMINIUM 4500 MT DOWN

MCX AUG COPPER UPDATE: WEAK INTRADAY WITH RES ABV 336 AND CLD TEST SUPP AT 332 /WEAK BELOW 334.50.

technicals for july 29

MCX AUG COPPER

SUPP; 333.50/332/330

RES: 336.50/338.20/340

GM, JULY 29.8.10AM: CRUDE$76.99(TRADING FLAT), NAT GAS$4.72(MKTS SHOT UP LAST NIGHT ON EXP OF DRAWDOWN IN INVENTORY, WHICH IS EXP TONITE AT 8PM, EXP TO BE UP32 BCF ADAINST 55 BCF LAST WEEK)/GOLD$1165, SILVER $17.61( BULLIONS OPEN SMARGINALLY HIGHER)//BASE METALS TRADING MILDLY LOWER AT OPEN!!!

MCX Aug Copper app our T2 at 336, CMP 335.70, TGT EXT to 337.80.. Buy given above 332.50..!!

mcx aug copper trading abv res at 335, cmp 335.30/traders holding longs at 332.50 book further profits or hold for t2.

MARKET ALERT ON JULY 28 WEDNESDAY 1.30 PM IST

LME INVENTORY

Copper down 2375 MT

Nickel up 348 MT

Aluminium down 4650 MT

Zinc down 575 MT

Lead up 175 MT .

28/07 LME Inventory Update Copper -2375MT Lead +175MT Zinc -575MT Nickel +384MT Aluminum -4650MT Tin +5MT

MARKET ALERT ON JULY 28 WEDNESDAY 12.40 PM IST

MCX Aug Copper Target 1 almost Achieved at Rs 334.50

Buy was recommended above Rs 332.50.

Current high Rs 334.45 .

MCX AUG COPPER: HIGH RISK TRADERS HOLDING LONGS AT 332.50, BOOK PART PROFITS AT 333.50/OTHERS HOLD AS PER LEVELS GIVEN.

MARKET ALERT ON JULY 28 WEDNEDDAY 11.30 AM IST'

Buy MCX Aug copper above Rs 332.50

Stop loss below Rs 331
high
Target 1 Rs 334.50

Target 2 Rs 336

This is a high risk call . Low risk traders can use these as

only levels ,

High risk traders pls maintain strict stop loss .

REMINDER: COPPER BUY IS A HIGH RISK CALL/TRADE LESS VOLUMES AND WE HV GIVEN TIGHT STOPLOSS/LOW RISK TRADERS SAFER AVOID /STRONG RES SEEN AT 335.50!!!!.

JULY 28 WEDNESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 328.20 , S2 RS 325 , S3 RS 321

R1 RS 333 , R2 RS 335,60 , R3 RS 338

WAIT FOR CONFIRMATION .

MARKET ALERT ON JULY 27 TUESDAY 7 . 40 PM IST

Base metals also in correction after a sharp upside movement .

Correctio could continue for some more time .

Copper broken support at Rs 330 . Nickel below Rs 955

Wait for confirmation for base metals for further entry .

Data Tonight :- 6.30 PM CS Composite - 20 HPI Prv 3.8% Exp 3.9% 7.30 PM Consumer Confidence Prv 52.9 Exp 51.3. 7.30 PM Manufacturing Index Prv 23 Exp 14

MARKET ALERT ON JULY 27 TUESDAY 4.40 PM IST

MCX Aug Copper high risk traders holding longs

as per our call at Rs 332 can book profits

at CMP Rs 333.

Others hold with levels given .

MARKET ALERT ON JULY 27 TUESDAY 1.30 PM IST

LME INVENTORY

COPPER 2475 MT DOWN

LEAD 375 MT UP

ZINC 300 MT DOWN

NICKEL 312 MT DOWN

AKUMINIUM 4875 MT DOWN

TIN 220 MT DOWN

MARKET ALERT ON JULY 27 TUESDAY 12.35 PM IST


MCX Aug Copper update : Testing supports at Rs 331 now ,

Next upmove seen above Rs 333 , current next support at

Rs 330 , if breaks above Rs 333 our next update will follow .

MCX AUG COPPER POSITIVE ABV 332 WITH SUPP AT 330 AND CLD TEST RES 334/336//HIGH RISK TRADERS CLD INITIATE LONGS AS PER THESE LEVELS.

GM, JULY 27, 8.20AM

VERY GOOD HOUSING DATA FROM THE US, AS ALSO GOOD EARNINGS REPORTS FROM THE US HELD UP DOW OVER 1%, PUSHING UP BASE METALS; ALSO APPRECIATION IN EURO PUSHED UP BASE METALS; COPPER LMT 334.10, CURRENT RES AT 335.50 AND SUPP AT 330//LME AT PRESENT TRADING AT %7060, EXP FLAT OPEN TO MILD DOWN!!

U.S New Home Sales Act 330K Fore 327K Pre 300K

US NEW HOME SALES ACT ACTUAL 330K ROFECAST 327 PREVIOUS 300K, POSITVE FOR

DOLLAR AND COPPER.

26/07 LME Inventory Update Copper -3375MT Lead -425MT Zinc -175MT Nickel -552MT Aluminum -5325MT Tin -250MT

MARKET ALERT ON JULY 26 MONDAY 12.15 PM IST

Exit shorts in copper at cmp RS 329.70

Sell was at Rs 329 to 329.50 .

high risk sell copper at 329 to 329.50 sl abv 331.50 tgt 326.80/325.20

MARKET ALERT ON JULY 23 FRIDAY 1.30 PM IST

LME Inventory Update

Copper +3125MT

Lead -975MT

Zinc -50MT

Nickel -396MT

Aluminum -5975MT

Tin +85MT .

MARKET ALERT ON JULY 23 FRIDAY 1.20 PM IST


MCX Aug Copper Target 1 Achieved at Rs 332.50 ,

Hits high Rs 332.90 , book further profits and trail sl to

cost.

Buy was recommended at Rs 329 .50 levels .

MCX AUG COPPER; LOW RISK TRADERS/MULTIPLE LOT HOLDERS BOOK PURTHER PROFITS UPTO 330.75 TO 330.90//BUY GIVEN AT 329.30 TO 329.60/OTHERS HOLD FOR LEVELS/LOW RISK TRADERS CLD TRAIL SL AROUND COST

MCX AUG COPPER: LOW RISK TRADERS BOOK PART PROFITS UPTO 330.70/OTHERS HOLD AS PER LEVELS GIVEN./

HIGH RISK TRADERS CLD KEEP SL IN COPPER BUYS AT 325!!!!!

EUROPE BANKS STRESS TEST RESULTS EXP LATER THIS AFTERNOON// MKTS AWAIT RESULTS FOR NEXT MOVE!!! WL DECIDE NEXT MOVE OF EURO AND DOLLAR//KINDLY TRADE LESS TILL RESULTS ARE OUT/ CALLS WL ALSO BE LESS TILL SUCH TIME!!

Buy Copper Aug between 329.20 - 329.60 SL below 326.80 T1 332.50 T2 335

JULY 23 FRIDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 323 , S2 RS 319 , S3 RS 316

R1 RS 329.60 , R2 RS 333 , R3 RS 335

WAIT FOR CONFIRMATION .

UPDATE: EURO US USD AT 1.288,DOLLAR INDEX 82.59, LME COPPER $7010 TRADING FLAT IN EARLY TRADES//LAST NIGHTS METAL RALLY DUE TO STRONG RALLY IN EURO AND A WEAK DOLLAR AFTER GOOD EUROZONE DATAS//EU BANKS STRESS TEST RESULTS EXP TODAY (NEED TO KEEP A CLOSE CHECK ON THIS)/LATER TONITE LOTS OF US DATA EXP ...TRADE LESS VOLUMES!!!HAVE A NICE DAY!

GM, JULY 23.7.25AM:CRUDE$79.30(STRONG CLOSE AT 3707 SUPP NOW AT 3680 AND RES 3720/3740),NAT GAS$4.65( WEEKLY SUPP AT 212 AND RES 220)//GOLD$1193( TRADING FLAT PAST 2 DAYS SUPP 18250 RES 18350), SILVER$18.11 POSITIVE ABV 29000 SUPP 28900 AND RES 29150/29250 LOOKING TO TEST RES....//BASE METALS CLOSE STRONG COPPER SUPP 324 RES 330...333,LTP 327.60; NICKEL SUPP IMM SUPP 934 TRADING AT RES 948 TO 950, LOOKS MORE POSITIVE ABV 950 TILL 960//

MARKET ALERT ON JULY 22 THURSDAY 2.30 PM IST

MCX Aug Copper achieved Target 2 at Rs 324.

MARKET ALERT ON JULY 22 THURSDAY 1.30 PM IST


LME WAREHOUSE :

Copper down 1100 MT ,

Nickel down 552MT ,

Aluminium down 4075 MT ,

Zinc up 1950 MT ,

Lead down 425 MT

MARKET ALERT ON JULY 22 THURSDAY 12.40 PM IST

MCX Aug Copper Target 1 Achieved at Rs 322.

Buy was given between Rs 318.20 to 319 .

MARKET ALERT ON JULY 22 THURSDAY 12.30 PM IST

MCX Aug Copper traders holding long as per our buy call given between

Rs 318.20 to 319

can biook aprt profits at cmp Rs 320.95

Others hold with levcls given .

Buy Copper Aug between 318.20 - 319 SL below 316 T1 322 T2 324

TECHNICALS FOR JULY 22

MCX AUG COPPER

SUPP:320.50/319/316.80

RESl 324.20/326.50/328

GM,22,7.30AM: CRUDE$76.57,NAT GAS$4.51,GOLD$1186,SILVER$17.67//BASE METALS OPEN DOWN ABOUT 1%,LME COPPER $6760(DOWN ABOUT 1.20% IN EARLY TRADES)//US FED CHIARMAN SPEECH LAST NIGHT ON THE STATUS OF ECONOMY SPOOKS DOWN MKTS LAST 1 HOUR!!

MCX AUG COPPER APP T 4 AT 323.80, CMP 323.25 BOOK FINAL PROFITS AT 323.20 TO 323.80//BUY RECO MORNING ABV 314.

MCX AUG COPPER : T3 ACH AT 322.

MCX AUG COPPER APP T3 AT 322, CMP 321.40,BOOK FURTHER PROFITS, HIGH RISK TRADERS TRAIL SL TO 316 AND HOLD FOR EXT TGT 323.80.

MCX AUG COPPER: T2 ACH AT 20, APP T3 AT 322, CMP 320.50, BOOK MAX PROFITS

MCX AUG COPPER APP T2 AT 320, CMP 319.25 BOOK FURTHER PROFITS AND TRAIL SL TO COST.
MCX AUG COPPER APP T2 AT 320, CMP 319.25 BOOK FURTHER PROFITS AND TRAIL SL TO COST.

MCX AUG COPPER : T1 ACH AT 318.

mcx aug copper : book fpartprofits upto 317.50( buy reco abv 314) and trail sl around cost.

MARKET ALERT ON JULY 21 WEDNESDAY 11.45 AM IST

MCX Aug Copper looks positive above Rs 314

Stop loss below Rs 311.40

And could target Rs 318/ 320 / 322.

This is only for high risk traders who can operate with these

levels .

JULY 21 WEDNESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 310.60 , S2 RS 307 , S3 RS 305

R1 RS 316 , R2 RS 318 , R3 RS 320

WAIT FOR CONFIRMATION .

MCX Aug Copper multiple lots holding sells at 311 book further profits upto 309.40 - 309.60, others can hold for targets given..!!

Very Important Us housing data expected this
evening, low risk traders holding sells in
copper upto 311 and nickel upto 900 book part
profits upto Cmp 310.10, 896/ High risk traders hold as per levels given.

Sell Copper Aug between 310.80 - 311.20 SL above 312.80 T1 308.80 T2 306.90 ( High Risk )

TECHNICALS FOR JULY 20

MCX AUG COPPER

SUPP; 306/304.50/301

RES: 310./311.50/313

MCX Aug copper traders can book further profits
upto 307, sell given at 308.50.

MCX AUG COPPER: AGAIN SEEMS VERY RANGE BOUND FOR NOW TILL US OPENS, STRONG SUPPORT AT 307 LEVELS RES NOW AT 309,A BREAK OF WHICH CLD TEST UP TO 310//TRADERS HOLDING SELLS PROTECT POSITONS WITH STRICT SL, AND HOLD MINIMAL LOTS.

19/07 LME Inventory Update Copper -3575MT Lead -200MT Zinc -225MT Nickel -534MT Aluminum -6325MT Tin +40MT

MCX Aug Copper low risk/ Multiple lots traders book further profits upto 307.10 before LME. Others can hold with revise sl of 310.10 as per levels given..

MCX AUG COPPER: BOOK PART PROFITS UPTO 307.50//RESET SELL CALL GIVEN AT 308.50

MCX AUG COPPER: BOOK PART PROFITS UPTO 307.30/SELL ADVUISED AT 308.50/0THERS HOLD AS PER LEVELS.

Sell Copper Aug between 308.50 - 309 SL above 310.80 T1 306.10 T2 304.90 (Trade Less Volumes )

JULY 19 MONDAY

TRADING LEVELS FOR MORNING SESSION

S 1 RS 303.80 , S2 RS 301.80 , S3 RS 298.50

R1 RS 308.30 , R2 RS 310.20 , R3 RS 313.40

WAIT FOR CONFIRMATION .

MCX Aug Copper on weekly close below 309 if weak with res positionally above 314 and could test sup at 305.50/303 (levels for high risk traders)

update;over all copper has broken first support at 311, next cld test

309 levels, a close below 309 on a weekly basis is weak with positional res abv 314 and cld test 306/305 levels.

MCX AUG COPPER MOVING IN ATIGHT RAGE, OUR BUY CALL AT 311.80 AGAIN GOT RESET AND TRIGGERED, TRADERS HOLDING LONGS BOOK PART PROFITS, CMP 312.80./

16/07 LME Inventory Update Copper -1300MT Lead -725MT Zinc +800MT Nickel -492MT Aluminum -6575MT Tin -115MT

MCX Aug Copper low risk traders can book part profits upto 312.60, Buy given at 311.80, others can hold for given targets..! Markets highly range bound and its recommended to book small profits where seen.

Buy Copper Aug between 311.80 - 312.20 SL below 310.30 T1 314.20 T2 315.50 (Trade Less Volumes)

15/07 LME Inventory Update Copper -775MT Lead -450MT Zinc +900MT Nickel -234MT Aluminum +5825MT Tin -10MT

TECHNICALS FOR JULY 15

MCX AUG COPPER

SUPP:309.80/308/306.30

RES: 313.50/316/317.50

CHINA GDP SECOND QUARTER GREW AT 10.3% COMPARED TO 11.8% PREVIOUS QUARTER!!

GM,JULY15.8AM: CRUDE$76.75,NAT GAS$4.31,GOLD$1212,SILVER$18.35//LME COPPER $6625///CHINA GDP DATA EXP THIS MORNING SHORTLY//POOR US RETAIL SALES DATA DRAGS DOWN METALS,FOMC MINUTES SAYS ECO GROWTH SLOW AND CLD TAKE TIME FOR RECOVERY!!

MCX Aug Copper current high 315.20 against our pre market T2 of 315.30, Traders holding longs book max profits. Res will be seen at 316.50.

14/07 LME Inventory Update Copper -4050MT Lead -550MT Zinc -100MT Nickel -168MT Aluminum -7650MT Tin -45MT

MCX AUG COPPER CMP 313.50, OUR PRE MARKET BUY CALL TRADERS STILL HOLDING LONGS IF ANY BOOK PART PROFITS AND TRIAL SL 311.

MCx aug copper Update trading at res 312.80 sup now at 311 and res 314/316.50// traders if any holding longs at our pre market buy call can hold for these levels.

MKT ALERT

MCX AUGUST COPPER HAS SUPP AT 310.80/310 AND RES AT 313,

TRADERS ADVISED TO WAIT FOR FRESH LONGS!

Pre Open Call MCX Aug Copper Buy at open SL blw 309.50 TGT 313.50/315.30.

Base metals still trading bit range bound.

MCX AUG COPPER: LOW RISK TRADERS HOLDING SELLS EXIT AT COST CMP 310.90

UPDATE AT 2 PM: REMINDER COPPER HAS STRONG SUPP AT 309( ALREADY GIVEN),FURTHER WEAK NESS WL BE SEEN BELOW THAT LEVEL///NICKEL TRADING RANGE BOUND RES NOW SEEN AT 902 AND SUPP 890///BASE METALS TRADING IN NARROW RANGE//INR HAS DEPRECIATED BY ABT 15 PAIOSE TODAY WHICH IS SUPPORTING COMM ESP BULLIONS AND CRUDE//CRUDE SELL IS HIGH RISK CALL , LOW RISK TRADERS AVOID POSITONS!!!

13/07 LME Inventory Update Copper -2700MT Lead -375MT Zinc -175MT Nickel -276MT Aluminum -6375MT Tin -145MT

MCX Aug Copper low risk traders can book further profits upto 309.20 before LME, others can hold for given targets

MCX Aug Copper low risk traders book part profits upto 309.80 - 309.90, Sell reco at 310.60 - 311. Others hold for given targets.

Sell Copper Aug between 310.60 - 311 SL above 312.80 T1 308.20 T2 306

technicals for july 13

MCX AUG COPPER

SUPP: 310/308.20/306.60

RES: 312.80/314.50/315.50

MCX AUG COPPER APP T2 AT 311.30//HIGH RISK TRADERS HOLD FOR T3 310.30.CMP 311.50//BOOK FURTHER PROFITS AND TRAIL SL TO COST.

12/07 LME Inventory Update Copper -1650MT Lead +50MT Zinc -225MT Nickel -420MT Aluminum -8075MT Tin -125MT

MCX Aug Copper low risk traders book max profits before LME upto 312.40...!

MCX Aug Copper T1 Achieved at 312.80...!!

MCX AUG COPPER ; TRADERS HOLDING SELLS ( MUTIPLE LOTS AND LOW RISK TRADERS) BOOK FURTHER PROFITS UPTO 313.50. //SELL RECO AT 315 TO 315.50.

MCX AUG COPPER; TRADERS HOLDING SELLS ,, BOOK PART PROFITS UP TO CMP 313.85/OTHERS HOLD FOR LEVELS GIVEN.

Sell Copper Aug between 314.90 - 315.50 SL above 317 T1 312.80 T2 311.30 (Trade Less Volumes)

TECHNICALS FOR JULY 12

MCX AUG COPPER

SUPP:312.50/310.50/308

RES: 317.50/319.80/321.40

Copper trading between 313 - 316. Strong res at 316.50 - 317. If not breaks than again downside till 312. Range bound. Nickel trading very thin with no clarity seen. Trading between 900 - 915 Max

Copper trading with no clarity. Statergy sell on rise res around 315 levels. Strong res is seen at 316.50 - 317. Sup 313 - 311.50.

09/07 LME Inventory Update Copper -2100MT Lead -325MT Zinc -300MT Nickel -666MT Aluminum -5875MT Tin -130MT

JULY 9 FRIDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 310 , S2 RS 308, S3 RS 306

R1 RS 315.60 , R2 RS 317.60 , R3 RS 319

WAIT FOR CONFIRMATION ,

08/07 LME Inventory Update Copper -350MT Lead -500MT Zinc +250MT Nickel -390MT Aluminum -5675MT Tin -215MT

MARKET ALERT ON JULY 7 THURSDAY 10.30 AM IST

Buy MCX Aug Copper at Rs 314.50 to 315

Stop loss below Rs 313.60

Target 1 Rs 317

Target 2 Rs 318.80

JULY 8 THURSDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 310 , S2 RS 308 , S3 RS 306

R1 RS 315 , R2 RS 317 , R3 RS 319

WAIT FOR CONFIRMATION .

mkt alert at 5.20pm

mcx aug copper: book part profits upto 311 and trail sl aroud cost( low risk traders9/others hold as per levels given.n

Buy Copper Aug between 309.50 - 310 SL below 306.90 T1 313 T2 315.50

MCX Aug Copper T3 achieved at 310, Buy
given above 306.50 as levels..!!

MARKET ALERT MN JUNE 6 TUESDAY 1,40 PM IST

MCX Aug Copper Target 2 Achieved at Rs 309.

Buy was given at Rs 306.50 .

06/07 LME Inventory Update Copper -2800MT Lead -275MT Zinc +0MT Nickel -342MT Aluminum -5925MT Tin -270MT

MCX Aug Copper T1 achieved at 308, hold
for T2. Buy given above 306.50 as levels..!!

MCX Aug Copper Traders can book part profits upto 307.50, buy given as levels above 306.50. Others hold for targets given..!

MCX Copper looks bullish above 306.50 and could test 308 - 309 - 310 levels with strong sup seen below 305. High Risk traders can operate with these levels...

Cover longs in Copper

05/07 LME Inventory Update Copper-2800 MT Lead-75 MT Zinc-225 MT Nickel-906 MT Aluminum -6100MT Tin -195MT

MARKE ALERT ON JULY 5 MONDAY 11.10 AM IST

Buy Copper Aug between 306.40 - 306.80

SL below 304.50

T1 309.20

T2 311

High Risk Call .

JULY 5 MONDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 303 , S2 RS 298 , S3 RS 295

R1 RS 307.80 , R2 RS 310 , R3 RS 313.50

WAIT FOR CONFIRMATION .

MARKET ALERT ON JULY 2 FRIDAY 1.30 PM IST

LME WAREHOUSE STOCKS

COPPER DOWN 2125 MT

NICKEL DOWN 348 MT

ALUMINIUM DOWN 5250 MT

ZINC DOWN 75 MT

LEAD DOWN 775 MT.

02/07 LME Inventory Update Copper -2125MT Lead -775MT Zinc -75MT Nickel -348MT Aluminum -5150MT Tin -205MT

MARKET ALERT ON JULY 2 FRIDAY 11.00 AM IST

MCX Aug Copper low risk traders can book part profits

at CMP Rs 302.40

Others hold with levels given

JULY 2 FRIDAY

Sell Copper Aug between 303.30 - 304

SL above 305.50

T1 301.50

T2 300.20

(High Risk Call )

MARKET ALERT ON JULY 1 THURSDAY 9.10 PM

MCX Aug copper tested crucial support of Rs 299

it has bounced back .

Res is now seen at Rs 305.

CMP Rs 301.80.

MARKET ALERT ON JULY 1 THURSDAY 8.15 PM IST

MCX Aug copper now has immediete support at Rs 299.

Looks weak below that.

It could test support Rs 295.10

Res is seen above Rs 302.50 .

These are trading level only .

MARKET ALERT ON JULY 1 THURSDAY 2.45 PM IST


Exit all sell positions in copper if any.

Buy copper between Rs 301.20 to 301.50

Stop loss below Rs 299.50

Target 1 Rs 304

Target 2 306 .

Trade less volume .

MCX Aug Copper low risk traders can book part profits upto 299.80, others can hold for given targets. Sell given at 301.

Sell Copper Aug between 300.50 - 301 SL above 302.50 T1 298.50 T2 297.30 ( Trade less Volumes)

MARKET UPDATE :

Bad economic production data from China has pulled copper

gap down .

Immediete support at Rs 298 and Res at Rs 306.

JULY 1 THURSDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 303 , S2 RS 298 , S3 RS 295

R1 RS 307.80 , R2 RS 310 , R3 RS 313.50

WAIT FOR CONFIRMATION .

GM,JULY1,7.45AM;CRUDE$74.86( WEAK BELOW$75;IN MCX 3480) ,NAT GAS$4.63//GOLD$1240,SILVER$18.59(TRADING FLAT)//LME COPPER $6472,TRADING DOWN ABOUT0.80% IN EARLY TRADES//EXP WEAK OPEN METALS DUE DISAPPOINTING CHINA PPI DATA RELEASED THIS MORNING,WORSE THAN EXPECTED!!//DOW ENdS DOWN 96 PTS!!