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Tuesday, August 31, 2010
MRKT ALERT 8.25 PM
MCX Nov Copper traders can book part profits upto 351.50, buy given at 350.50 for high risk traders. (Reset)
MRKT ALERT 7.35 PM
MCX Nov Copper traders can book further profits upto 352.50. buy given at 350.50 for high risk traders.
MRKT ALERT 7.20 PM
MCX Nov Copper high risk traders can book part profits upto 351.30, others can hold for given targets...!
GM, AUG 31, 6.45AM; CRUDE$74.12,LTP MCX3520 SUPP 3500 RES 3560, TRADING MARGINALLY DOWN//. NAT GAS$3.83 TRADING MARGINALLY HIGHER//GOLD $1237, SILVER$19.05 BULLIONS TRADING FLAT SUPP SUPP 302350 RES 30650//BASE METALS TRADING LOWER IN EARLY TRADES , WILL UPDATE//CONTRACT EXPIRY TONITE BY 5.30PM , SOME VALATILITY CLD BE SEEN!!
Monday, August 30, 2010
UPDATE: CARROVER CALL GIVEN ON FRIDAY NIGHT 8.40PM//BUY NOV COPPER AT 350 SL 346 TGTS 353/355/357/T1 ACH AT 353 ON SATURDAY/HOLD LONGS FOR GIVEN LEVELS///MCX AUG NICKEL POSITVE ABV 990 WITH SUPP AT 974 AND CLD TGT 1010/1015/1020( LEVELS FOR HIGH RISK TRADERS TO BUY)//MCX SEPT CRUDE LTP 3555 , SUPP 3530 RES 3585/3600//NAT GAS TO OPEN HIGHER ABOUT 1 %//MCX SILVER TO OPEN HIGHER SUPP 30100 RES 30650//
GM,AUG30,7.40AM:ALL COMM TRADING HIGHER AT OPEN! CRUDE$75.39, NAT GAS$3.74//GOLD$1237, SILVER$19.13( AS NIFTY EXP OPEN HIGHER WATCH OUT FOR INR APPRECIATION)//BASE METALS OPEN HIGHER//LME LISTED HOLIDAY TODAY ON ACC OF SUMMER BANK HOLIDAY//MORNING SESSION MOVES WILL BE BASED ON TRENDS AND MOMENTUM FROM US ELECTRONIC TRADES!!
Saturday, August 28, 2010
MKT ALERT AT 1.45 PM AUG 28
LAST NIGHT GAVE CALL HIGH RISK TRADERS BUY COPPER NOV ABV 350 /T1 ACH CMP 353 FOR TGTS GIVEN,CARRY OVER
GM AUG 28// ALL COMMODITIES CLOSED AT HIGHS LAST NIGHT AFTER BETTER THAN EXP GDP DATA AND SPEECH BY FED CHAIRMAN, HIGHLIGHTED THAT ECONOMY AND EMPLOYMENTS WERE STILL UNDER STRESS AND THAT WLD NOT HESITATE TO TAKE STEPS TO HELP SUSTAIN ECONOMY THROUGH FISCAL AND ECONOMIC SUPP MEASURES// NOV COP SUPP 346 RES 353/355/357 ///SEPT NICKEL POSITVE ABV 990 SUPP 980 RES 1000/1005//CRUDE COLSES ABV $75.50 MCX 3515!!!!
Friday, August 27, 2010
MRKT ALERT 1.30 PM
LME Warehouse Stock Changes:
Copper -1150 Mt
Aluminium -3200 Mt
Zinc -500 Mt
Nickel -96 Mt
Lead -300 Mt
Tin +275 Mt
Copper -1150 Mt
Aluminium -3200 Mt
Zinc -500 Mt
Nickel -96 Mt
Lead -300 Mt
Tin +275 Mt
MRKT ALERT 12.45 PM
MCX Aug Copper app our T2 at 344,book further profits between 343 - 343.20, others hold for Targets given..Buy given at 339.50 - 340.
MRKT ALERT 11.10 AM
MCX Aug Copper book part profits upto 340.90, buy given at 339.50 - 340, others hold for levels given.
UPDATES FOR AUG 27 2010
AUG 27 FRIDAY
TRBADING LEVELS FOR MORNING SESSION
S1 RS 336 , S2 RS 333 , S3 RS 330
R1 RS 343 , R2 RS 346 , R3 RS 349
WAIT FOR CONFIRMATION .
TRBADING LEVELS FOR MORNING SESSION
S1 RS 336 , S2 RS 333 , S3 RS 330
R1 RS 343 , R2 RS 346 , R3 RS 349
WAIT FOR CONFIRMATION .
UPDATE:BASE METALS AND CRUDE RALLIED LAST EVENING ON BETTER THAN EXP EMPLYMENT DATA FROM US,BUT LATE EVENING MARGINALLY BAD MANU DATA FROM US PUSHED DN DOW AT CLOSE AND SMLL NEGATIVE IMPACT ON BASE METALS IN EARLY TRDAES THIS MORNING AND ARE TRADING MARGINALLY LOWER//TONITE GDP DATA FROM US EXP LOWER THAN PREVIOUS AT 1.4%( PREVIOUS 2.4%);
Thursday, August 26, 2010
MRKT ALERT 11.30 PM
Sell Copper Aug betwen 336.60 - 337 SL above 339.10 T1 334.50 T2 333 ( High Risk )
BASE METALS UPDATE: ALL METALS TESTED STRONG SUPP LAST NIGT AND SEEN REBOUND TECHNICALLY, LME COPPER CMP $7155//BASE METALS EXP TO OPEN POSITVE AS PER EARLY TRADES, COPPER SUPP 330 RES 335.80 LTO 333.75, CLD TEST RES INITIALLY//NICKEL RES 960/969 SUPP 940// ALL BASE ,METALS CLD OPEN HIGHER!!! WILL FOLLOW UP WITH UPDATE BEFORE MKT OPEN!!
Wednesday, August 25, 2010
MRKT ALERT 5.05 PM
MCX AUG COPPER UPDATE UNFORTUNATELY OUR SL GOT HIT EXACTLY AND THEN T1 ACH AT 332.30...!!
MRKT ALERT 1.30 PM
25/08 LME Inventory Update Copper -1400MT Lead 0MT Zinc +825MT Nickel +792MT Aluminum -3675MT Tin +5MT
Tuesday, August 24, 2010
UPDATES FOR AUG 24 2010
AUG 24 TUESDAY
TRADING LEVELS FOR MORNING SESSION
S1 RS 339 , S2 RS 334.60 , S3 RS 332.40
R1 RS 342 , R2 RS 345 , R3 RS 347
WAIT FOR CONFIRMATION .
TRADING LEVELS FOR MORNING SESSION
S1 RS 339 , S2 RS 334.60 , S3 RS 332.40
R1 RS 342 , R2 RS 345 , R3 RS 347
WAIT FOR CONFIRMATION .
SOURCE : BLOOMBERG AUGUST 24.
Copper dropped ahead of data that economists forecast will show the U.S. housing market slowed last month, dimming prospects for demand in the world’s second- largest user. The metal in Shanghai slumped to a one-week low.
Copper for three-month delivery on the London Metal Exchange fell as much as 0.6 percent to $7,210 a metric ton, and traded at $7,235.25 at 10:20 a.m. in Singapore. The December- delivery contract on the Shanghai Futures Exchange tumbled as much as 0.9 percent to 56,640 yuan ($8,329) a ton, the lowest level since Aug. 16, before trading at 56,800 yuan.
Copper for three-month delivery on the London Metal Exchange fell as much as 0.6 percent to $7,210 a metric ton, and traded at $7,235.25 at 10:20 a.m. in Singapore. The December- delivery contract on the Shanghai Futures Exchange tumbled as much as 0.9 percent to 56,640 yuan ($8,329) a ton, the lowest level since Aug. 16, before trading at 56,800 yuan.
GM AUG 24,8.15AM: WISHING MEMBERS A HAPPY RAKSHABANDHAN FROM TEAM AKSHAYA!!//CRUDE$72.60, OPEN SLOWER , SUPP 3400/3380 RES 3460,LTP 3434//NAT GAS$4.07//GOLD$1221,SILVER417.94( BULLIONS TRADING MARGINALLY LOWER)//BASE METALS OPEN MARGINALLY LOWER , COPPER RES 342.50 SUPP 336,LTP 339.10/NICKEL RES AT 1008 SUPP 988/981//HOUSING DATAS EXP FROM US THIS EVENING, MTS EXP DATA NEGATIVE, TRADE LESS AND WITH STRICT SL IN BASE METALS!!!!
Monday, August 23, 2010
Friday, August 20, 2010
MRKT ALERT 2.22 PM
MCX Aug Copper T1 achieved at 337.10, Sell given at 339 - 339.50. Hold for T2 given..!!
MRKT ALERT 1.30 PM
LME INVENTORY UPDATE COPPER -1800MT LEAD +25MT ZINC -150MT NICKEL +720MT ALUMINIUM +150MT TIN +370MT
GM, AUG 20.8.15AM: CRUDE74.47(TRADING FLAT),NAT GAS$4.16//GOLD$1232(HOLD CARROVER LONGS IN GOLDMINI AS PER CALL YESTERDAY),SILVER$18.33//BASE METALS TRADING FLAT, COPPER SUPP 338 RES 343.50, NICKEL RES 1025 SUPP 1005//BASE METALS TUMBLED DOWN LAST NIGHT AFTER VERY POOR US DATA , DOW CLOSES SHARPLY DOWN!!
Thursday, August 19, 2010
MRKT ALERT 1.30 PM
19/08 LME Inventory Update Copper +225MT Lead +25MT Zinc -50MT Nickel -300MT Aluminum -5100MT Tin +15MT
GM AUG 19.8 AM: CRUDE$75.30( TRADING FLAT), NAT GAS$4.23/GOLD$1129.50,POSITIVE ABV $1230/,SILVER$18.48, SUPP 29100 RES 29480(OPENS POSITIVE BUT DEPENDS ON INR OPEN)/BASE METALS OPEN MARGINALLY LOWER; COPPER SUPP 339 RES 345/NICKEL SUPP 1005 RES 1030, ZINC SUPP 97.40 RES 99.50//MEMBERS ADVISED TO KEEP BOOKING PART PROFITS AS AND WHEN ADVISED AND LOW RISK TRADERS TRAIL SL AROUND COST TO MAKE TRADES SAFE ESP WHEN MKTS ARE AS CHOPPY AS YESTERDAY!!!
Wednesday, August 18, 2010
UPDATES FOR AIUG 18 2010
AUG 18 WEDNESDAY
TRADING LEVELS FOR MORNING SESSION
S1 RS 341,50 , S2 RS 338 , S3 RS 336
R1 RS 345.60 , R2 RS 347.50 , R3 RS 349
WAIT FOR CONFIRMATION .
TRADING LEVELS FOR MORNING SESSION
S1 RS 341,50 , S2 RS 338 , S3 RS 336
R1 RS 345.60 , R2 RS 347.50 , R3 RS 349
WAIT FOR CONFIRMATION .
BASE METALS UPDATE: METALS CLOSED HIGHER ON WEAK US DOLLAR AND DOW CLOSES HIGHER 170 PTS/COPPER LTP 343.70, SUPP AT 341 AND RES AT 345/347( HOLD LONGS AS PER PUR CARRYOVER BUYS FROM 338)//NICKEL SUPP 1018 RES 1034( HOLD CARRYOVER LONGS AS PER THESE LEVELS)// EXP BVASE METALS TO OPEN MARGINALLY POSITVE AS PER EARLT TRADES NOW!!//
GM AUG18.7.30AM:CRUDE$75.56( LTP MCX 3551, SUPP AT 3515 RES 3575/3590/3610 PREFER LONGS AS PER THSES LEVELS, POSITVE ABV 3540)/NAT GAS$4.28( CLOSES ABV 201 MCX, SUPP NOW AT 197 AND RES AT 206, IF HOLDS ABV CLD TEST HIGHER LEVELS AS UNABLE TO BREAK DOWN PAST 3 DAYS!)//GOLD $1226,SILVER$18.61( HOLD OUR LONGS IN MINIS AS PER OUR CALL, SILVER SUPP 29230 RES 29600/29750)GOPLD RES 18700 SUPP 18500)SILVER MORE POSITVE IF SUSTAINS AND CLOSES ABV $18.65!!!!!!
Tuesday, August 17, 2010
MRKT ALERT 8.45 PM
MCX Aug Copper revise SL to below 341.50 and hold for target 345 / 347 ( Carry over), Buys initiated yesterday at 338 - 338.30.
MRKT ALERT 1.10 PM
MCX Aug Copper traders holding longs as per buy yesterday at 338, book further profits upto 341, others hold for T2 given.
MRKT ALERT 12.20 PM
MCX Aug Copper buy given yesterday T1 achieved at 340, traders holding longs book further profits and trail sl to cost. Strong res seen at 341 - 341.50
UPDATES FOR AUG 17 2010
AUG 17 TUESDAY
TRADING LEVELS FOR MORNING SESSION
S1 RS 336.10 , S2 RS 333 , S3 RS 331.20
R1 RS 341.50 , R2 RS 343.50 , R3 RS 346
WAIT FOR CONFIRMATION .
TRADING LEVELS FOR MORNING SESSION
S1 RS 336.10 , S2 RS 333 , S3 RS 331.20
R1 RS 341.50 , R2 RS 343.50 , R3 RS 346
WAIT FOR CONFIRMATION .
Monday, August 16, 2010
MRKT ALERT 6.06 PM
MCX Aug Copper low risk traders can book part profits upto 339.20, others hold for given targets, buy given at 338.
UPDATES FOR AUG 16 2010
AUG 16 MONDAY
TRADING LEVELS FOR MORNING SESSION
S1 RS 333 , S2 RS 331 , S3 RS 328
R1 RS 338.50 , R2 RS 341.20 , R3 RS 343
WAIT FOR CONFIRMATION .
TRADING LEVELS FOR MORNING SESSION
S1 RS 333 , S2 RS 331 , S3 RS 328
R1 RS 338.50 , R2 RS 341.20 , R3 RS 343
WAIT FOR CONFIRMATION .
GM AUG 16.7.30AM: CRUDE$75.18(OPENS MARGINALLY LOWERO.20 CENTS)LTP MCX 3541; NAT GAS$4.33//GOLD$1218,SILVER$18.26( BULLIONS OPEN POSITIVE)//BASE METALS TRADING FLAT!!//JAPAN GDP RELEASED THIS MORNING WEAKEST IN LAST 3 QUARTERS PULLS DOWN ASIAN INDICES/USD OPENS MARGINALLY STRONGER VS EURO AND YEN HOLDING BACK COMMODITIES//WATCHOUT FOR INR OPEN!!!!
Friday, August 13, 2010
MRKT ALERT 9.14 PM
MCX Aug Copper a further break of 335 could test more down side till 333-331 Res seen at 337-338 (Levels only)
MRKT ALERT 11.35 AM
MCX Aug Copper book part profits upto 340.50 - 340.80, buy initiated upto 339.50,Strong res will be seen at 341 - 341.50 levels.
Thursday, August 12, 2010
UPDATES FOR AUG 12 2010
AUG 12 THURSDAY
TRADING LEVELS FOR MORNING SESSION
S1 RS 335.40 , S2 RS 33.80 , S3 RS 331
R1 RS 339 , R2 RS 342 , R3 RS 345
WAIT FOR CONFIRMATION .
TRADING LEVELS FOR MORNING SESSION
S1 RS 335.40 , S2 RS 33.80 , S3 RS 331
R1 RS 339 , R2 RS 342 , R3 RS 345
WAIT FOR CONFIRMATION .
Wednesday, August 11, 2010
MRKT ALERT 1.30 PM
10/08 LME Inventory Update Copper -2050MT Lead +450MT Zinc -150MT Nickel +264MT Aluminum +1900MT Tin -605MT
GM AUG11,8AM: CRUDE$79.90(LTP3722,EXP TO OPEN WITH SMALL WEAKNESS AROUND 3715,SUPP NOW AT 3690 RES 3745)//NAT GAS$4.33(LTP 201.70, SUPP 199.50 RES 205.20,EXP OPEN MARGINALLY UP)//GOLD$1204,SLVER$18.34(EXP GOLD TO OPEN HIGHER)//BASE METALS TRADING FLAT TO MARGINALLY HIGHER COPER LTP 339.20,NICKEL 1034//FOMC LEAVES INTEREST RATES UNCHANGED, COMMENTS THAT PACE OF US RECOVERY SLOW!//CHINA IMPORT DATA WEAK, AND JAPANESE DATA WEAK THIS MORNING//
Tuesday, August 10, 2010
MKTA LERT AT 3.28 PM
MCX AUG COPPER: T4 ALMOST ACH AT 335.70 LOW 335.80/SELL GIVEN AT 340.50/BOOK FULL PROFITS.
MKT ALERT AT 2.47PM
MCX AUG COPPER APP T4 AT 335.70, CMP 336.10,BOOK FURTHER PROFITS/SELL AT 340.50.
MRKT ALERT 1.05PM
MCX Aug Copper low risk traders can book part profits upto 339.70,others can hold for given targets. Sell given below 340.50..!
UPDATES FOR AUG 10 2010
AUG 10 TUESDAY
TRADING LEVELS FOR MORNING SESSION
S1 RS 340.60 , S2 RS 338.40 , S3 RS 336
R1 RS 344.50 , R2 R S347 , R3 RS 349
WAIT FOR CONFIRMATION .
TRADING LEVELS FOR MORNING SESSION
S1 RS 340.60 , S2 RS 338.40 , S3 RS 336
R1 RS 344.50 , R2 R S347 , R3 RS 349
WAIT FOR CONFIRMATION .
Monday, August 9, 2010
UPDATES FOR AUG 9 2010
AUG 9 MONDAY
TRADING LEVELS FOR MORNING SESSION
S1 RS 340.60 , S2 RS 339.10 , S3 RS 336.80
R1 RS 343.90 , R2 RS 346.90 , R3 RS 349.10
WAIT FOR CONFIRMATION .
TRADING LEVELS FOR MORNING SESSION
S1 RS 340.60 , S2 RS 339.10 , S3 RS 336.80
R1 RS 343.90 , R2 RS 346.90 , R3 RS 349.10
WAIT FOR CONFIRMATION .
Friday, August 6, 2010
MRKT ALERT 8.30 PM
MCX AUG COPPER NOW SUP AT 338 IF BREAKS RES WILL BE AT 342 AND COULD TEST 336/334.
UPDATES FOR AUG 6 2010
AUG 6 FRIDAY
TRADING LEVELS FOR MORNING SESSION
S1 RS 339.60 , S2 RS 336 , S3 RS 333.50
R1 RS 344.50 , R2 RS 347 ,. R3 RS 349
WAIT FOR CONFIRMATION ,
TRADING LEVELS FOR MORNING SESSION
S1 RS 339.60 , S2 RS 336 , S3 RS 333.50
R1 RS 344.50 , R2 RS 347 ,. R3 RS 349
WAIT FOR CONFIRMATION ,
GM AUG6.7.30AM: CRUDE$82.07( SUPP 3760 RES 3830),NAT GAS$4.62//GOLD$1196,SILVER$18.37/BASE METALS OPEN MARGINALLY DOWN//COPPER SUPP 338 RES 345.60 (WEEKLY BASIS)//POOR DATA FROM US LAST NIGHT(POOR RETAILS SALES,JOBLESS CLAIMS)PUULED DOWN METALS,USD ENDS MATGINALLY WEAK HOLDING BASE METALS!//TONITE DATA CRITICAL, NON FARM PAYROLL DATA!!!
Thursday, August 5, 2010
MRKT ALERT 1.30 PM
05/08 LME Inventory Update Copper -875MT Lead +2250MT Zinc -700MT Nickel -90MT Aluminum -4475MT Tin -210MT
MRKT ALERT 12.20 PM
MCX Aug Copper low risk traders advised to exit around 344 - 344.30/ High risk traders hold as per levels given..
UPDATES FOR AUG 5 2010
AUG 5 THURSDAY
TRADING LEVELS FOR MORNING SESSION
S1 RS 342 , S2 SR 339 , S3 RS 336
R1 RS 347 , R2RS 349.50 , R3 RS 352
WAIT FOR CONFIRMATION .
TRADING LEVELS FOR MORNING SESSION
S1 RS 342 , S2 SR 339 , S3 RS 336
R1 RS 347 , R2RS 349.50 , R3 RS 352
WAIT FOR CONFIRMATION .
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
UPDATE FOR AUG 4 2010
AUG 4 WEDNESDAY
TRADING LEVELS FOR MORNING SESSION
S1 RS 340 , S2 RS 338 , S3 RS 335
R1 RS 345 , R2 RS 347.50 , R3 RS 349
WAIT FOR CONFIRMATION .
TRADING LEVELS FOR MORNING SESSION
S1 RS 340 , S2 RS 338 , S3 RS 335
R1 RS 345 , R2 RS 347.50 , R3 RS 349
WAIT FOR CONFIRMATION .
Tuesday, August 3, 2010
UPDATES FOR AUG 3 2010
AUG 3 TUESDAY
TRADING LEVELS FOR MORNING SESSION
S1 RS 342 , S2 RS 340 , S3 RS 338
R1 RS 345 , R2 RS 347.50 , R3 RS 349
WAIT FOR CONFIRMATION .
TRADING LEVELS FOR MORNING SESSION
S1 RS 342 , S2 RS 340 , S3 RS 338
R1 RS 345 , R2 RS 347.50 , R3 RS 349
WAIT FOR CONFIRMATION .
GM AUG2,7.50AM:CRUDE $81.45,NAT GAS$4.72(TRADING FLAT FROM LAST NIGHT CRUDE SUPP 3730, CLD TEST RES 3790,WATCH OUT INR CLD APPRECIATE TODAY)//GOLD$1184,SILVER$18.399TRADING FLAT, WATCH OUT INR IMPACT//LME COPPER HITS HIGH$7500 LAST NIGHT, CURRENTLY TRADING LOWER BY 0.60% SUPP 340 RES 347.50//EURO HITS 2 MONTH HIGH AGAINST USD/TALK OF CHINA REMOVING STEPS TAKEN TO COOL DOWN ECONOMY//BETTER THAN EXP ISM MANUFACTUTRING AND CONSTRUCTION SPENDING FROM US//
Monday, August 2, 2010
MRKT ALERT 3.10 PM
MCX Aug Copper traders can book part profits upto 341.90, others can hold for given targets. Buy given at 340.80..!
GM, AUG 2,7.45AM:CRUDE$79.30(OPENS HIGHER0.37CENTS),NAT GAS$4.98(OPENS ABOUT 1% HIGHER)//GOLD$1184,SILVER$18.06(OPENS MARGINALLY POSITVE)//BASE METALS OPENS MARGINALLY HIGHER, LME COPPER AROUND $7290//CHINA MANUFACTURING DATA RELEASED THIS MORNING SHOWS SLOWEST GROWTH IN PAST 17 MONTHS!!!..US ISM MANUFACTURING DATA TO BE RELEASED THIS EVENING!!
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