LME ; COPPER DN 800/ NICKEL DN 42/ ALU UP 6800/ LEAD DN 175/ ZINC DN 325/

MARKET ALERT ON NOV 30 TUESDAY 10.45 AM IST

Sell Copper Feb below 380.70

SL above 382.50

T1 379.10

T2 377.80.

High Risk.

NOV 30 TUESDAY

TRADING LEVELS FOR MORNING SESSION


S1 RS 381.10 , S2 RS 378 , S3 RS 375

R1 RS 386 , R2 RS 389 , R3 RS 391

WAIT FOR CONFIRMATION .

TRADING CALL FOR NOV 30 TUESDAY 10.25 AM IST

Ncdex Dec Steel buy at Current levels 24730-24710

SL blw 24490

TGT 25040/25230

UPDATE AT 9AM: BASE METALS CORRECTING DOWN AGAIN/COPPER TRADING FLAT GIVING UP EARLIER GAINS/ CONTRACT EXPIRY DATE, TRADE LESS AS MKTS CLD MOVE ZIG ZAG ANF CHOPPY/BULLIONS FLAT/NAT GAS TRADING LOWER, CRUDE FLAT/

GM NOV 30,7.45AM:GOLD$1367/SILVER$27.22 BULLIONS TRADINGI MILD POSITIVE//CRUDE$85.57 TRADING POSITIVE RES 3970 SUPP 3900, NAT GAS TRADING NEGATIVE BIAS//BASE METALS OPEN HIGHER LME COPPER$8312 UP ABOUT 0.60%,NICKEL UP ABT 1%; ZINC AND LEAD UP OVER1.20%//

MCX FEB COPPER WEAK BELOW 383 WITH RES ABV 385 AND CLD TEST SUPP 381.20/380/HIGH RIKS TRADERS CLD SELL AS PER THESE LEVELS.

LME: COPPER DN 450 , NICKEL DN 564 , ZINC DN 25 LEAD UP275, ALUMINIUM DN 2800.

MCX FEB COPPER: GIVEN AS TRADING LEVELS FOR HIGH RISK TRADERS BUY ABV 380 FOR TGTS 383-385//CURRENT HIGH 382.80/TRADERS HOLDING LONGS BOOK PART PROFITS.

MARKET ALERT ON NOV 29 MONDAY 11.45 AM IST

Copper looks postive above 380 and could test 383 - 385

levels, strong sup seen below 377.

Levels for high risk traders.

TRADING CALL FOR NOV 29 MONDAY 10.45 AM IST

Sell Copper Nov between 377.5 - 378

SL abv 379.1

Tgt 376 - 374.5.

Medium Risk.

Trde less.

NOV 29 MONDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 379.95 , S2 RS 378.15 , S3 RS 375.55

R1 RS 384 .05 , R2 RS 386.35 , R3 RS 389.15

WAIT FOR CONFIRMATION .

UPDATE AT 8.10AM:SHARP RECOVERY SEEN IN BASE METALS COPPER TRADING FLAT DOWN ABOUT 0.20% ONLY//SILVER TRADING HIGHER AT $26.88/CRUDE HIGHER AT $84.10/GOLD $1364/NAT GAS TRADING MARGINALLY HIGHER//

UPDATES: EUROPEAN NATIONS AGREE ON 85 BILLION EURO PACK FOR IRELAND BAILOUT/DOLLAR INDEX TRADING ABV 80(CMP 80.46) HOLDING DOWN BASE METALS/SOUTH AND NORTH KOREA TENSIONS CONTI NUE IN WAR OF WORDS/

GM NOV 29,7.30AM:CRUDE$84.01 LTP3862 TRADING MARGINALLY HIGHER RES 3885 SUPP 3820/NAT GAS OPENS MARGINALLY HIGHER LTP 204.20 RES 206 SUPP 201.50//GOLD$1359 LTP 20300 RES 20420 SUPP 20180 EXP OPEN MARGINALLY LOWER ARD RS50 /SILVER$26.74 LTP 40850 TRADING FLAT//BASE METALS OPEN LOWER LME COPPER$8185 DOWN ABT 0.80% LTP 378.10 EXP OPEN AROUND 376 AS PER TREND NOW SUPP 374.50 RES 381/US DOLLAR INDEX 80.40/

Traders holding shorts in copper exit upto 376.60, Basemetals could bounce back again Nickel positive again as per our call. Copper mild positive above 377.60 and could test 379.50/381 sup seen below 375, strong sup at 374. Lead still looks positive.

MCX NOV COPPER UPDATE STRONG SUP AT 374, A BREAK OF THIS ONLY COULD SEE LOWER LEVELS TRADERS HOLDING SELLS COULD BOOK BEFORE 374 AND REENTER ON A BREAK OF 374.

MCX NOV COPPER TRADERS CAN BOOK PART PROFITS UPTO 374.70, SELL GIVEN AT 375.50-375.70.

HIGH RISK: SELL MCX COPPER NOV AT 375.50- 375.70 SL ABV 377.50 TGT 373/371.

MKTS TRADING ZIG ZAG DUE: FEARS THAT EUROZONE CRISIS CLD WORSEN// STATTEMNETS FROM KOREA THAT ESCALATIONS IN TENSION CLD LEAD TO WAR/CHINA MEASURES FOR TIGHTENING ECONOMY//STRENGTHENING USD AND EURO WEAKENS/MEMBERS ADVISED NOT TO TAKE FRESH ENTRY OR TRADE WITH SL GIVEN OR EXIT POSITIONS NEAR COST//

Copper +450, Aluminum -3775, Nickel +957 , Zinc -150, Lead +575 , Tin +95

NOV 26 FRIDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 376.60 , S2 RS 373.60 , S3 RS 370.20

R1 RS 380.60 , R2 RS 383/.30 , R3 RS 386

WAIT FOR CONFIRMATION .

CHINA INCREASES DAILY MARGIN LIMITS WEF 29 NOVEMEBR TO 10% IN COPPER, ALUMINIUM. GOLD, FUEL OIL AND AGRI SOY CORN.

MEMBERS ARE ADVISED NOT TO TAKE BIG OR CARRYOVER POSITIONS AS MKT SENTIMENT IS NOT CLEAR DUE TO 2 FACTORS:1. EUROZONE SOVEREIGN CRISI IN IRELAND AND WHETHER IT CLD SPREAD TO SPAIN AND PORTUGAL,UNLESS A SOLUTION OF BAILING IT OUT COMES MKTS UNCERTAIN//2. CHINA HIGH INFLATION AND CONTINUED CHINESE BANK MEASURES BEING TAKEN TO SQUEEZE LIQUIDITY// DOLLAR INDEX AT 79.80, NO DATA FROM US DATA , VOLUMES TO BE THIN//TRADE SAFE!!!!

GM NOV 26,8 AM: BULLIONS TRADIMHG FLAT AT SAME LEVELS SILVER$27.43 LTP 41800 EXP OPEN ARD 41700//GOLD$1372 LTP 20360 EXP OPEM ARD 20350//CRUDE$83.85 LTP3852 SUPP 3820 RES 3890 EXP OPEN NARGINALLY DOWN, NAT GAS LTP202 EXP OPEN MARGINALLY DOWN SUPP 198 RES 205//BASE METALS OPEN LOWER COPPER DOWN ARD 1%, ZINC AND LEAD OPEN LOWER ARD 1.5%//EURO CRISIS WEIGHING ON MKTS USD TRADING MARGINALLY HIGHER//

MCX NOV COPPER T3 ACH AT 378.80, BUY GIVEN ABOVE 375.

MCX NOV COPPER APP OUR T3 AT 378.80, BUY GIVEN ABOVE 375. CMP 378.20.

MCX NOV COPPER T2 ACH AT 377.50, BUY GIVEN ABV 375. TGT EXT UPTO 378.80.

MCX Nov Copper T1 achieved at 376.30. Buy given above 375.

MKTS CLD BE VOLATILE THIS EVENING WITH ZIG ZAG TRADES AS US CLOSED//TRADERS ADVISED TO KEEP AWAY/

MCX Nov Copper traders can book part profits upto 375.80, others can hold for given targets. Buy given above 375.

LME COPPER DOWN 575, NICKEL UP 84 ALUMINIUM DOWN 3775 ZINC DOWN 375 LEAD DOWN 250.

Buy Copper Nov abov 375 SL below 374.10 Target 376.30 - 377.50 ( High Risk Momentum )

MARKET ALERT ON NOV 25 THURSDAY 11.15 AM IST

MCX Nov Copper seems to be moving in a range between

Rs 374 to 378 levels .

Immediete Res is seen at Rs 379.90

Support is seen at Rs 375 .

NOV 25 THURSDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 376.60 , S2 RS 373.60 , S3 RS 370.20

R1 RS 380.60 , R2 RS 383.30 , R3 RS 386

WAIT FOR CONFIRMATION ,

NOV 25,7.30AM:CRUDE$83.88 LTP 3840 EXP POSITIVE OPEN ARD 3850 SUPP 3820-3800 RES 3870-3885-3900//NAT GAS LTP207.20 EXP POSITIVE OPEN ARD 209-210 SUPP 205 RES 211//BULLIONS RANGE BOUND GOLD$1371 LTP 20388 SILVER$27.47 LTP 41872 SUPP 41500 RES 42100//BASE METALS TRADING MILD POSITIVE COPPER LTP 378.55 RES 381 SUPP 376 EXP MILD POSITIVE OPEN//

U.S. New home sales : Prior 0.307M, Survey 0.310M, Actual 0.283M.

LME COPPER DN 925/ ALU DN 2925/ COPPER DN 925/ NICKEL DN 384/ LEAD DN 25./ZINC DN 500.

MCX Copper Nov looks weak below 376 and could test 374 - 372 levels again. Res seen at 378.

NOV 24 WEDNESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 372.40 , S2 RS 370 , S3 RS 368.40

R1 RS 376 , R2 RS 377.80 , R3 RS 380

WAIT FOR CONFIRMATION .

BASE METALS OPEN HIGHER COPPER OPEN HIGHER AROUND 1% LTP 373.85 MCX ABT 376.50-377//LME COPPER $8200//

GM NOV 24,7.20AM: CRUDE$81.68 LTP 3765 SUPP 3725 CLD TEST RES AT OPEN AT 3780-3785; NAT GAS CLOSES HIGHER DEC CONTRACT POSITIVE ABV 206 WITH SUPP AT 203 AND RES 208/210;//GOLD$1377 RES $1385-1388 LTP MCX 20508 LOOKS POSITIVE RES 20580-20600 SUPP 20300 /SILVER$27.60 RES AT 27.90, LOOKS EXTREME BULLISH SUPP 41800 CLD TEST RES 42150-42300; MCX MARCH SILVER MINI BULLISH ABV 42300 WITH SUPP 42000 AND CLD TEST RES 42500-42750.

US DOLLAR INDEX TRADING AT 8 WEEK HIGH AT 79.50/ A BREAK AND CLOSE ABV 80 CLD SPARK SHORT COVERING RALLY IN DOLLAR INDEX!!!!!THIS CLD BRING DOWN COMMODITIOES ESP BASE METALS.

MCX NOV COPPER IMM SUPPORT AT 373 A BREAK OF THIS CLD TEST 371.50/370 LEVELS WITH RES AT 375.50./LEVELS/

Existing Home Sales Act 4.43M Fore 4.51M Prev 4.50M

Prelim GDP q/q A 2.5% F 2.3% P 2.0% Prelim GDP Price Index q/q A 2.3% F 2.3% P 2.3%

US Economic data-23rd Nov 20107.00pm GDP-Prelim: Exp 2.3, Prior 2.0 8.30pm Existing home sales: Exp 4.51, Prior 4.50 (Million) 8.30pm Richmond Manufacturing: Exp 6, Prior 5

LME COPPER DN 950/NICKEL UP 804/ ALU DN 3425/ LEAD DOWN 250/ZINC DN 675.

MCX Nov Copper app T2 cmp 369.60, High risk traders can hold for T3 at 367.50.

MCX Nov Copper T1 achieved, hold for T2 given.MCX Nov LeadM app our T1 at 99.10, book further profits

MARKET ALERT ON NOV 23 TUESDAY 11.35 AM IST


MCX Nov Copper approaching Target 1 at Rs 371 ,

current low 371.65 .

Traders can book further profits .

MARKET ALERT ON NOV 23 TUESDAY 11.00 AM IST

Traders holding sells in copper below RS 375 can book further profits

at cmp Rs 372.60

Low risk traders trail sl to cost .

MARKET ALERT ON NOV 23 TUESDAY 10.40 AM IST

MVCX Nov Copper traders holding sells below Rs 375

can book part profits at cmp Rs 373.20 .

TRADING CALL FOR NOV 23 TUESDAY 10.10 AM IST

Sell MCX Nov Copper Below Rs 375

Stop loss abv Rs 378

Target 1 Rs 371

Traget 2 369 .

MEDIUM RISK .

UPDATE AT 8.30AM: COPPR TRADING LOWER ABOUT 0.40% EXP OPEN DOWN ARD 375 AS PER CURRENT LEVELS/

BASE METALS CRASHED LAST NIGHT AFTER DECLINING IMPORTS INTO CHINA BY 30% AND FEARS EURO SOVEREIGN CRISIS IN IRELAND CLD SPREAD IN EUROPE/STRATEGY FOR NOW COPPER WEAK POSITIONALLY RES 386 AND SUPP 374/372/370/368.

GM,NOV23,7.20AM: GOLD$1362 MCX LTP21140 RES 20200 SUPP 20020/SILVER$27.67 MCX LTP41760 RES 42000 SUPP 41200// CRUDE$81.73 LTP 3716 SUPP 3690 RES 3750, NAT GAS LTP 192.20//BASWE METALS OPEN FLAT COPPER LTP 376.50 RES 380 SUPP 374//

CHINESE COPPER IMPORTS DATA RELEASED THIS EVENING FOR OCTOBER SHOWED A SHARP DECLINE, INCREASING FEARS OF SLOWDOWN IN CHINA CONSUMPTION// ALSO THE CHILE STRIKE REPORT NOT CONFIMED STATE THAT MAY SLOW DOWN//BOTH BROUGHT BREAKDOWN IN COPPER SUPPORTS RES NOW AT 380 MORE WEAKNESS BELOW 374 ON CLOSING BASIS //

MCX Copper Tested our said level at 375. More weakness could continue till 373 - 370 levels. Res now at 380.

Copper looks weak now and more weakness on a close below 378 till 375 - 372 -370 levels as per weekly basis only...Res now seen at 381 - 383

ALL COMMODITIES TRADING WITH MILD NEGATIVE BIAS. WAIT FOR FRESH ENTRIES. COPPER SUP STRONG AT 380 RES 384.

Market trading choppy. Copper sup 381 levels.

MCX NOV COPPER NEXT SUPP BELOW 383 IS 381.50/380.RES NOW AT 385.

LME COPPER DN 825/ NICKEL DN 90/ ALU DN 4100/ ZINC DN 400/ LEAD DN 200.

MCX NOV COPPER UPDATE: IMM STRONG RES AT 385/387 MOPRE BULLISH ABV 387 CMP 384.90/LOW RISK TRADERS REDUCE LOTS BEFORE LME OR HOLD WITH STOPLOSS GIVEN.

MARKET ALERT ON NOV 22 MONDAY 11.00 AM IST


MCX Nov Copper Traders holding longs as per our

buy call given between Rs 385.50 to 386 can book

part profits upto Rs 386.50 .

TRADING CALL FOR NOV 22 MONDAY 10.20 AM IST

Buy Copper Nov between 385.50 -386

SL below 383

T1 388.30

T2 390.50

NOV 22 MONDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 382.10 , S2 RS 380.30 , S3 RS 377.70

R1 RS 386.20 , R2 RS 388.50 , R3 RS 391.30

WAIT FOR CONFIRMATION ,

US MKTS HAVE SHORT WEEK AS THANKSGIVING WEEKEND ON THURSDAY MKTS CLOSED IN COMMEX/ALL COMM TRADING HIGHER GOLD #1361, SILVER$27.70, CRUDE $82.47//ALL BASE METALS TRADING HIGHER COPPER ARD 0.70% LME COPPER$8465//NICKEL ZINC, LEAD UP ARD 1%//WEEKLY NICKEL POSITIVE CLOSE ABV 1004 SUPP 976// COPPER CLOSE ABV 387//NAT GAS CLOSE ABV 191//

GM, NOV 22, 7 AM: MKTS OPEN HIGHER/ CRUDE$82.42, OPEN UP0.40 CENTS MCX LTP 3753, AS PER TREND NOW MCX ARD 3765/ NAT GAS$4.19 LTP 190.30 OPENS MARGINALLY HIGHER//GOLD$1358 LTP 20095 CLD OPEN HIGHER BY RS 50/SILVER$27.64, UP ARD 30 CENTS LTP 41470 OPENS HIGHER ARD 300RS//BASE METALS TRADING HIGHER AT OPEN( WL UPDATE) LTP 383.15 RES 387 SUPP 381, NICKEL LTP997 RES 1004 SUPP 988//

GM NOV 20 AT 7.30AM: BULLIONS CLOSED STRONG ON WEAKENING IN USD SILVER MCX LTP 41220 RES NOW AT 41600 SUPP 40500 /GOLD LTP 20069 RES 20120 SUPP 20000/ NAT GAS SHOT UP SHARPKLY AND CLOSED AT 188.50 RES 191 ABV WHICH MORE BULLISH/ CRUDE CLOSED FLAT AT 3745 RES 3775 SUPP 3720//BASE METALS CLOSED POSITIVE COPPER RES 387 SUPP 381,NIKCLE LTP 996 RES 1002 SUPP 988//

GM NOV 20 AT 7.30AM: BULLIONS CLOSED STRONG ON WEAKENING IN USD SILVER MCX LTP 41220 RES NOW AT 41600 SUPP 40500 /GOLD LTP 20069 RES 20120 SUPP 20000/ NAT GAS SHOT UP SHARPKLY AND CLOSED AT 188.50 RES 191 ABV WHICH MORE BULLISH/ CRUDE CLOSED FLAT AT 3745 RES 3775 SUPP 3720//BASE METALS CLOSED POSITIVE COPPER RES 387 SUPP 381,NIKCLE LTP 996 RES 1002 SUPP 988//

MARKET TALK OF CHINA RAISING RESERVE REQ FOR BANKS BY 0.50% FOR THE SECOND TIME IN 2 WEEKS WEF NOV 29, MAKING MKTS WOBBLY!!!!

LME: COPPER DN 775/ NICKLE DN 6/ALU DN 3000/ZINC DN 525/LEAD DN 550.

MCX NOV COPPER: T3 ACH AT 385.20/BUY AT 380.60/BOOK PROFITS.

MARKET ALERT ON NOV 19 FRIDAY 12.30 PM IST


MCX Nov Copper TARGET 2 Achieved at Rs 384

High risk traders trail sl to cost and hold for extended Tgts

Rs 385.20 .

MARKET ALERT ON NOV 19 FRIDAY 12.10 PM IST


MCX Nov Copper Target 1 Achieved at Rs 382..50 .

Buy was above Rs 380.60 .

MARKET LAERT ON NOV 19 FRIDAY 11.55 AM IST


MCX Nov Copper traders holding longs above Rs 380.60

can book part profits at cmp Rs 381.60 .

MARKET ALERT ON NOV 19 FRIDAY 11.50 AM IST

Buy Copper Nov abv 380.60

SL below 378.5

T1 382.50

T2 384.

MARKET ALERT ON NOV 19 FRIDAY 10.45 AM IST

Ncdex Dec Steel Sell at 24710-730

SL abv 24880

Tgt 24400

NOV 19 FRIDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 379 , S2 RS 375 , S3 RS 373

R1 RS 386 , R2 RS 388 , R3 RS 391

WAIT FOR CONFIRMATION.

GM NOV 19,7.30AM: CRUDE$81.95 TRADING FLAT/NAT GAS$4.03 MARGINALLY HIGHER/GOLD$1358 TRADING HIGHER 5$,EXP POSITIVE OPEN HIGHER ABT 50RS/SILVER$27.30 OPEN SHIGHER ABT 35 CENTS EXP OPEN HIGHER ARD 40850 LTP 40460/BASE METALS TRADING FLAT COPPER MARGINALLY LOWER 0.20% LME COPPER$8470 LTP382.70 HIGH YESTERDAY 384.15 SUPP NOW 381 RES 385-387.

LME DATA: COPPER DN 525/ ALU DOWN 775/ NICKEL DN 36/ ZINC UP 2725/LEAD DOWN 325.

MCX NOV COPPER: CMP 382 RES 1 ACH/LEVELS FOR HIGH RISK TRADERS BUY ABV 380./BOOK FURTHER PROIFTS.

MCX NOV COPPER AT DAYS HIGH 381.30/RECO FOR HIGH RISK TRADERS ABV 380/BOOK PART PROFITS.

MCX NOV COPPER MILD POSITIVE ABV 380 WITH SUPPORT AT 378 AND CLD TEST RES 382/383.50//LEVELS FOR HIGH RISK TRADERS ONLY/

TECHNICALLY COPPER HAS TO SUSTAIN ABV 381 , NICKEL ABV 1004, ZINC ABV 103 FOR NEXT UPMOVES//TILL THEN CLD SEE SELLING PRESSURE//

UPDATE AT 9 AM: BASE METALS DRIFTING MARGINALLY LOWER/BULLIONS MOVING UP SILVER CLD OPEN GAP UP ARD 39600/GOLD UP ARD RS 125/

GM NOV 18. 7.30AM: GOLD$1347 LTP 19920 EXP OPEN HIGHER ABT RS 100, SILVER $26.10 LTP 39076 EXP HIGHER OPEN ARD 39500/CRUDE$81.05 LTP 3683 EXP OPEN POSITVE RES 3710 SUPP 3665/NAT GAS$4.00 LTP 180.80 SUPP 177.50 RES 183/BASE METALS RALLY HIGHER COPPER OPENS HIGHER ABT 0.80% LME COP $8250/OTHER BASE METALS RALLY HIGHER!!

MCX NOV COPPER MILD POSITVE ABV 373//

HOUSING STARTS DATA EXP TONITE IS EXP TO BE MILD POSITVE/CLEAR TREND WILL EMERGE AFTER RELEASE OF DATA

WAIT FOR FRESH ENTRY IN BASE METASL, CALLS DID NOT TRIGGER!!!

MCX NOV COPPER: TRADERS HOLDING SELLS AT 370 BOOK PART PROFITS UPTO 369.10 TO 369.30.

MCX NOV NICKEL WEAK BELOW 963 WITH SL ABV 971 AND TGT 950/945// NOV ALUMINIUM WEAK BELOW 102 WITH RES ABV 103 AND TGT 101.20/100.60// MCX NOV LEAD MINI WEAK BELOW 100.90 WITH RES ABV 102 AND CLD TGT 100/99.10// COPPER WEAK BELOW 370 WITH RES ABV 372.50 AND CLD TGT 368/366/.//

UPDATE AT 4 PM: CRUDE$81.83( DOWN 50 CENTS MCX ARD 3750/ NAT GAS$3.82/GOLD$1337, GOLD$25.35( BOTH FLAT)/COPPER , ZINC TRADING LOWER ABT 1%, NICKEL HIGHER ABT 1%, ALU MARGINALLY POSITVE, LEAD MARGINALLY LOWER/

BASE METALS DRIFTING LOWER COPPER DOPWN 1.5%( MCX ARD 369-370), ZINC AND LEAD DOWN 1%, NICKEL MARGINALLY UP, ALU MARGINALLY DOWN//

UPDATE AT 12 NOON: GOLD$1339 LOW $1332 HIGH$1342( SAME LEVELS AS MCX CLOSE)/SILVER CMP$25.33 HIGH 25.51 LOW 25.26( SAME LEVELS AS MCX CLOSE)// CRUDE$82.34 NAT GAS$3.80( NO CHANGE)// COPPER TRADING LOWER ABT 0.70%,NICKEL TRADING HIHGHER ABT 1%, LEAD LOWER 0.70%/ALU AND ZINC FLAT//

BASE METALS TRADING FLAT/COPPER TRADING MARGINALLY DOWN 0.20%LME AT $8132/COPPR IMM SUPP 368/365 RES 378.70//

UPDATE: CRUDE$82.39 LTP 3769 SUPP 3750 RES 3800 INVENTPRY TOMNITE EXP DOWN 3.3MB//NAT GAS $3.80//ENERGY TRADIMG FLAT AS OF NOW!!!

GM NOV 17,8.10AM:ALL COMM CRASHED LAST NIGHT AFTER FEARS OF CHINA ,KOREA INTEREST RATE INCREASE AFTER INFLATION HITS NEW HIGHS,EURO SOVERIEGN CONCERNS AND SHARP STRENGTHENING IN USD/GOLD CMP$1334, CLOSE TO YESTERDAYS LOW 1329.80 LTP 19927, EXP MCX JAN GOLD MINI TO TEST 19900/SILVER$25.30 LAST NIGHT LOW $25 MCX LTP 38750 BELOW$25 EXP FURTHER WEAKNESS//

U.S. Industrial output MoM : Prior -0.2%, Survey 0.3% Actual 0.0%

MCX NOV COPPER T3 ACH AT 383.60, SELL GIVEN AT 389.40.

PPI m/m A 0.4% F 0.7% P 0.4% Core PPI m/m A -0.6% F 0.2% P 0.1%

MCX NOV COPPER APP OUR T3 AT 383.60, SELL GIVEN AT 389.40, TRADERS CAN BOOK FURTHER PROFITS CURRENT LOW 384.50.

MCX NOV COPPER T2 ACH AT 385.50, SELL GIVEN AT 389.40.

MCX NOV COPPER T2 ALMOST ACH AT 385.50, TGT EXT UPTO 383.60, SELL GIVEN AT 389.60. CURRENT LOW 385.65.

MCX NOV COPPER APP OUR T2 AT 385.50, CURRENT LOW 386.20. SELL GIVEN AT 389.40.

MVCX NOV COPPER BREAKS PREVIOUS LOW 387 LOW 386.75/TRADERS HOLDING SELLS BOOK FURTHER PROFITS/TRAIL SL TO 390.30 AND HOLD FOR T2 GIVEN.

LME: COPPER DN 725/ALU UP 47000/NICKEL UP 264/LEAD DN 150/ZINC DN 25.

MARKET ALERT ON NOV 16 TUESDAY 11.00 AM IST

MCX Nov Copper Target 1 Achievd at Rs 387,80

,Sell was below Rs389.40

NOV 16 TUESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 386 , S2 SR 383 , S3 RS 381

R1 RS 394 , R2 RS 396 , R3 RS 398

WAIT FOR CONFIRMATION .

MARKET ALERT ON NOV 16 TUESDAY 10.10 AM IST

Sell MCX Nov Copper below Rs 389.40

stop loss above Rs 392

Target 1 387.80

Target 2 Rs 385.50.

MEDIUM RISK

GM NOV 16,7.40AM: CRUDE$84.34 DOWN 0.50 CENTS LTP 3854 EXP OPEN LOWER ARD 3840 SUPP 3818 RES 3875/NAT GAS$3.86//GOLD$1359 LTP 20220 RES 20280 SUPP 20100 EXP MARGINALLY WEAK OPEN, SILVER$25.63 LTP 39550 SUPP 39300 RES 39750 EXP WEAK OPEN CLOSE TO SUPPORT, MORE WEAKNESS BELOW 39000; WEAK INR HELD BULLIONS YESTERDAY FROM FALLING FURTHER!!/BASE METALS OPEN WEAK COPPER DOWN 0.40% LTP392.30 SUPP 389 RES 393-394.40/ZINC, LEAD SHARPLY DOWN.

LME": COPPER DN 75/ NICKEL UP 66/ ALU DN 425/ ZINC DN 450/LEAD UP2675.

MARKET ALERT ON NOV 15 MONDAY 11.30 AM IST

MCX Nov Copper Target 3 Achieved at Rs 384.30 .

MARKET ALERT ON NOV 15 MONDAY 11.15 AM IST

MCX Nov Copper Target 1 and Target 2 Achieved at Rs

387.80

and Rs 385,30

High risk Traders can hold for Target 3 384.30

and Target 4 Rs 382.80.

MARKET ALERT ON NOV 15 MONDAY 11.10 AM IST


MCX Nov Copper traders holding sells as per our call given

between rs 389.20 to 389.60 can book part profits

upto Rs 388.50 .

CMP Rs 388.60 .

MARKET ALERT ON NOV 15 MONDAY 10.50 AM IST

Sell Copper Nov between 389.2 - 389.6

SL abv 391.10

T1 387.8

T2 385.30.

Medium Risk

UPDATE AT 9 AM: CRUDE$85 SLIPS DOWN TO SAME CLOSE LEVELS/ COPPER MARGINALLY HIGHER 0.30%, NICKEL TRADING HIGHER OVER 2%, ZINC TRADING LOWER ARD 1%, LEAD DOWN ABT 0.70%/BULLIONS CORRECTING DOWN TO CLOSE LEVELS SILVER$26.05, GOLD$1367/UNCERTAINTY OF CHINA LIKELY RATE HIKE WEIGHING IN COMMODITIES!!!

UPDATE AT 8.15AM: BULLIIONS TRADING MARGINALLY GIGHER/ CRUD EYTRADING AT SAME LEVELS$85.20/ MCX RD 3840/ COPPER TRADING MARGINALLY HIGHER 0.40%, LEAD AND ZINC TRADES LOWER, NICKEL TRADING SHARPLY HIGHER!!!

GM NOV 15, 7.40AM: CRUDE$85.39 OPENS MARGINALLY HIGHER BY 0.50 CENTS,LTP 3830 RES 3860 SUPP 3810/NAT GAS$3.81 SUPP 171 RES 176/GOLD$1373, SILVER$26.32 BULLIONS OPEN MARGINALLY HIGHER/BASE METALS OPEN HIGHER COPPER OPENS HIGHER ARD 1% IN EARLY TRADES/

MCX NOV COPPER HIGH RISK TRADERS THOSE HAVING FILLS IN SELLS CAN BOOK PART PROFITS UPTO 387, SELL GIVEN BELOW 389 FOR HIGH RISK TRADERS.

MCX NOV COPPER WEAK BELWO 389 WITH RES ABOVE 390 AND COULD TEST 387/386 LEVELS FOR HIGH RISK TRADERS.

COPPER AND SILVER MINI CLD SHOW MILD POSITVENESS ABV 388 AND 40200/PROTECT POSITIONS.

LME : COPPER DN 175/ALU DN 2625/ LEAD DN 200/NICKEL UP 240/ZINC UP 125.

MCX Nov Copper app our T1 at 386, cmp 386.60, book part profits, hold for targets given. Sell given below 388

MARKET ALERT ON NOV 12 FRIDAY 1.00 PM IST

MCX Nov Copper traders holding sells as per our call

Approaching Target 1 at Rs 386.

Current low Rs 386,60

Sell Copper Nov below 388 SL abv 389.9 Tgt 386 - 384.5. High Risk.

ALL COMM DROPPED SHARPLY AS FEARS OF INCREASE IN INTEREST RATES IN CHINA HITS THE MKTS AFTER STEEP RISE IN INFLATION DATA YESTERDAY/

NOV 12 FRIDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 393.50 , S2 RS 390.60 , S3 RS 387.50

R1 RS 398 , R2 RS 400.60 , R3 RS 403

WAIT FOR CONFIRMATION ,

GM, NOV 12, 8.15 AM:G20 MEET ON AT SEOUL EXP CURRENCY FLUCTUATIONS,/USD STRENGTHENS AS EURO SOVEREIGN CRISIS FEARS LINGERS/ALL COMM TRADING LOWER CRUDE ARD $86.76 DOWN ABOUT 40RS CLD TEST SUPP 3850 /NAT GAS TRADING LOWER 0.60%/GOLD$1398, SILVER$27.25/BASE METALS LOWER COPPER DOWN ABT 0.70%/

METALS UPDATE; ALL BASE METALS TRADING POSITVE COPPER POSITVE ABV 398.40 WITH SUPP 396 AND RES 400.20/ALUMINIUM POSITVE ABV 109.40 WITH RES 110.50 AND SUPP 108/CRUD ETRADING POSITVE CLD TEST RES 3940/3960 SUPP 3880.

REMINDER: US MKTS CLOSED TODAY FOR COMMODITIES/NO VOLUMES EXP TONITE/

LME ALU DN 7225/ COPPER DN 1000/LEAD DN 400/NICKEL UP 282/ ZINC DN 500.

MARKET ALERT ON NOV 11 THURSDAY 11.00 AM IST

Copper loks positive above Rs 397

till Rs 399 / 400 levels .

Support is seen around 395 / 396 levels ,

NOV 11 THURSDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 386 , S 2RS 383 , S 3RS 381

R1 RS 393.40 , R2 RS 395.40 , R3 RS 397.40

WAIT FOR CONFIRMATION .

MARKET ALERT O NOV 11 9.00 AM IST

LME Copper trading at $ 8940 .

Trading at 2 Year Highs .

COPPER ZOOMING/ UP OVER 2% CLD OPEN AT NEW HIGHS!!!!

UPDATE AT 8.15 AM: BASE METALS RALLYING SHARPLY HIGHER COPPER UP OVER 1.5%, ZINC LEAD UP ABV 1%, NICKEL UP 0.70%//CRUDE RISING CMP$88.30/SILVER$27.55/EXP METALS AND CRUD EOPEN HIGHER!!CHINA REATILS SALES DATA THIS MORNING HIGHER THAN EXP//

GM NOV 11: US MKTS CLOSED TODAY/CRUDE$88.05 INVENTORY DATA LAST NIGHT POSITIVE LTP 3901, RES 3920, 3940 SUPP 3860 ; NAT GAS$4.07 LTP 182.20 SUPP 180 RES 185/GOLD$1404 LTP 20235, SILVER $27.42 LTP 39899/BASE METALS TRADING MARGINALLY POSITIVE COPPER UP ABT0.30% LTP 389.65 SUPP 387 RES 393/NICKEL LTP 1077 SUPP 1070 RES 1090/METALS DRAG DOWN DUE FRESH EUROZONE ISSUES AND LOWER CHINA IMPORTS!!

Trade Balance A -44.0B F -45.0B P -46.3B Unemployment Claims A 435K F 451K P 457K Import Prices m/m A 0.9% F 1.1% P -0.3%

MCX Nov Copper weak below Rs 390 with Res above 392 and supports seen at Rs 387 . For Levels Only .

LME" ALU DN 8575/ COPPER DN 925/LEAD UP 275/ NICKEL UP 156/ ZINC DN 550.

MARKET ALERT ON NOV 10 WEDNESDAY 11.55 AM IST

MCX Copper looks weak below 392 and could test

390 - 388.

Res seen above 394.60

BASE METASL ALERT :

Chinese copper imports decline nerly 26 %

Strike in China enters 6 th day .

Production not affected yet.

Base metals fall in LME .

NOV 10 wednesday

TRDAING LEVELS FOR MORNING SESSION

S1 RS 393.50 , S 2RS 390.50 , S3 RS 388.50

R1 RS 397 , R2 RS 399 , R3 RS 401

WAIT FOR CONFIRMATION .

GM NOV 10, 7.40AM: USD GAINS OVERNIGHT COMMODITIES SLIP/ CRUDE $86.80 LTP 3873 RES 3900 SUPP 3850/NAT GAS$4.21/BULLIONS COME DOWN SHARPLY GOLD$1402 HIGH LAST NIGHT 1424 LTP 20478 RES 20580 SUPP 20300//BASE METALS DONW IN EARLY TRADE COPPER LTP395.20 HIGH 396.25, RES 397 SUPP 391//ZINC AND LEAD POSITIVE/NICKEL SUPP 1080 RES 1100-1104/COPPER TRADOING DOWN 0.80% IN EARLY TRADES/

MCX NOV COPPER T2 ACH AT 396, BUY GIVEN ABOVE 392.60 FOR HIGH RISK TRADERS.

MCX NOV COPPER T2 ALMOST ACH AT 396, CURRENT HIGH 395.95, BUY GIVEN ABOVE 392.60 FOR HIGH RISK TRADERS.

MARKET ALERT ON NOV 9 TUESDAY 4.10 PM IST

MCX Nov Copper TARGET 1 Achieved at Rs 394.30

Buy was above Rs 392.60 .

MARKET ALERT ON NOV 9 TIESDAY 3.45 PM IST


MCX Nov Copper traders holding buys as per our call

given above Rs 392.60 can book part profits upto

Rs 393.50 .

Buy Copper Nov above 392.60 SL below 391 T1 394.30 T2 396 ( High Risk )

LME ' OPPER DN 325/NICKEL UP 462/ALU DOWN 10475/ZINC DN 450/LEAD UP 225.

MARKET ALERT ON NOV 9 TUESDAY 11.00 AM IST



: Crudeoil holds firm above 3870 till 3900 - 3920 levels.

Copper postiive till 395 levels. Lead, Zinc, Aluminium and Nickel

lacking big participations to gain momentum, looks range bound.

NOV 9 TUESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 385 , S 2RS 383 , S3 RS 381.20

R1 RS 390 , R2 RS 393 , R3 RS 395

WAIT FOR CONFIRMATION .

UPDATE AT 8.15AM: BULLIONS ZOOMINGGGG GOLD$1413 EXP MCX AROUND 20400 TO 20450; SILVER$27.97 MCX ARD 40800-40850//BASE METASL RALLYING HIGHER COMMEX COPPER$3.98 UP ARD 0.50%/CRUDE$86.88//

GM NOV 9,7.40AM: BULLIONS ZOOM GOLD$1408 HIGH 1409 LTO 20305 HIGH 20375; SILVER$27.86 TRADING AT HIGHS MCX LTP 40568 HIGH 40865/CRUDE$86.75 SUPP 3820 RES 3890-3900/NAT GAS $4.13 NEXT RES 185 EXP POSITIVE OPEN//BASE METALS TRADING AT SAME LEVELS COP SUPP 383 RES 390-392//NICKEL POSITIVE ABV 1088 SUPP 1068//ZINC POSITIVE SUPP 109 RES 11.50//SMALL STRENTHENING IN USD LAST NIGHT HELD BACK BASE METALS/

MCX Nov Copper positive 387,40 with support at Rs 384.50 and cld test Res 389 / 390.50 Levela for High risk traders to buy .

LME COPPER DN 1150/NICKEL UP 114/ALU DN 2825/LEAD DN 350/ZINC UP 50.

MCX NOV NICKEL T1 ACH AT 1086/BUY AT 1078.

MKTS AWAIT LME OPEN FOR CLEAR TREND TO EMERGE/TRADE LESS TILL THEN WITH SL GIVEN/

Exit Copper. Buy Copper abv 387 SL 385 Tgt 389 - 392

Sell Copper Nov between 385.90 - 386.30 SL above 387.30 T1 384.70 T2 383.90 ( High Risk )

TECHNICALS FOR NOV 8

MCX NOV COPPER

SUPP:383.90/381.80/379

RES: 388.80/390.50/392

UPDATE AT 8.30: STRENGTHENING IN USD SEES SMALL DOWN SIDE IN ALL METALS/COPPER MARGINALLY DOWN 0.20%,NICKEL ZINC AND LEAD TRADING DOWN ABOUT 0.70%/

GM NOV 8,8.15AM: ALL COMM HOLDING AT SAME LEVELS/ CRUDE ARD $86.90 LTP 3848 SUPP 3800 RES 3860/ NAT GAS OPENS HIGHER $3.98/GOLD$1390, SILVER$26.70( HIT HIGH 26.898 IN EARLY TRADES)/BASE METALS TRADING FLAT TO MARGINALLY POSITIVE COPPER LTP 386.25 RES 389 SUPP 383/NICKEL LTP 1087 RES 1094 SUPP 1075/ZINC AND LEAD SUPP 110 RES 113/SMALL PULLBACK IN USD IN EARLY TRADES/

GM, NOV 6: BULLIONS CLOSES AT HIGHS GOLD$1393.50 MCX APPROX 19980/SILVER$26.70 MCX APPROX 39000// BAE METALS CLOSE SAME LEVELS MCX COPPER ARD 385 TO 385.50/CHILE STRIKE CONTINUES, MANAGEMENT MAY RENEGOTIATE, LME COPPER $8670 APPROX WITHIN 200$ OF 2008 HIGH $8880//CRUDE $77.40 CLOSES AT HIGHS MCX RES AT 3860 SUPP 3790 ENDS POSITIVE//POSITIVE EMPLYMENT DATA LAST TONITE STRENGTHENS USD MARGINALLY!

MARKET ALERT ON NOV 5 FRIDAY 6.35 PM IST

MCX Nov Copper positive above Rs 385/ 386 with support

at Rs 383 and cls test Resistances at Rs 390 / .

( Levels for carry over positions )

UPDATE AT 4.15PM:ALL COMM HAVE CORRECTED DOWN SINCE MORNING/GOLD HIGH $1393 CM 1384; SILVER HIGH $26.64 CMP 26.05/CRUDE$86.65 MORNING HIGH 87.12/BASE METALS TRADING MARGINALLY HIGHER EXP POSITVE OPEN LME COPPER HIGH $8742 CMP 8675/MKTS AWAIT US JOBLESS REPORT LATER THIS EVENING//

GM NOV 5 HAPPY DIWALI:ALL COMM ZOOM!!!! CRUDE$86.88( MORE POSITIVE ABV 3815 WITH SUPP 3790 AND RES 3835, SHORT TERM TREND BULLISH), NAT GAS$3.88/GOLD$1389 HIGH $1392/SILVER RALLYING HIGH $26.57 AROUND MCX 38500//BASE METASL UP SHARPLY AFTER CHILE COPPER MINES DECIDED TO STRIKE FROM THIS MORNING, COPPER UP OVER 1.5%NEXT RES 385 MORE POSITVE ON CLOSE ABV 385//

MCX NOV COPPER APP OUR T3 AT 381.50, BUY GIVEN AT

375.50-376. CMP 380.60.

Unemployment Claims A 457K F 437K P 434K NonfarmProductivity q/q A 1.9% F 0.9% P -1.8% Prelim Unit Labor Costs q/q A -0.1% F 0.8% P 1.1%

MCX NOV COPPER T2 ACH AT 379.30, BUY GIVEN AT 375.50-376. HOLD FOR T3 GIVEN.

MCX NOV COPPER T2 ALMOST ACH AT 379.30, CURRENT HIGH 379.20, BUY GIVEN AT 375.50-376. TRADERS CAN BOOK FURTHER PROFITS.

LME Data: Aluminum: -4450; Copper: +1250; Lead: -425; Nickel: +396; Zinc: +1350;

TEAM AKSHAYA WISHES YOU AND YOUR FAMILY A VERY HAPPY DIWALI.

MCX Nov Copper app our T2 at 379.30, Target Ext to 381.50 for high risk traders. Buy given at 375.50 - 376..!

MCX Nov Copper T1 achieved at 377.80, Buy given at 375.50 - 376.

Buy Copper Nov between 375.50 - 376 SL below 374 T1 377.80 T2 379.30 ( High Risk BC, Trade Min lots )

Crudeoil still holding on highs. More buying possible above 3800 levels.
Copper facing strong res level of 377.50. A break with volume could take prices till 380 - 382 levels. Strong sup seen at 373.Nickel trading positive. morebuying above 1060 if holds.
Lead and Zinc still not come into buying Zone. Will take more time to confirm. Lead trading between 109 - 111.Zinc between 107 - 110

NOV 4 THURSDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 371 , S2 RS 368 , S3 RS 366

R1 RS 375 , R2 RS 378 , R3 RS 381

WAIT FOR CONFIRMATION .

BASE METALS PULL UP SHARPLY IN EARLY TRADES COPPER LTP 373 OPENS OVER 1% HIGHER RES 378 SUPP 370//NICKEL LTP 1040 SUPP 1035 RES 1068//ZINC AND LEAD CLD OPEN UP SHARPLY//

UPDATE: USD WEAKENS AFTER STIMULUS PACK BY FED/CRUDE$85.20 LTP 3770 SUPP 3730 AND CLD TEST RSE 3795/3810 CLD OPEN POSITVE/NAT GAS #3.83/GOLD$1356 EXP STRONG GAP UP OPEN/SILVER HIT HIGH $25.17 AT 30 YEAR HIGHS EXP BIG GAP UP OPEN AT NEW HIGHS RES AT 37500,IF SUSTAINS ABV $25.05 CLD TEST NEXT LEVELS $25.50-$26//

GM NOV 4, 7.10AM: FED ANNOUNCES 600MN STIMULUS PACKAGE, KEEPS INTEREST RATES UNCHANGED AT 0.25%/USD WEAKENS// SILVER ZOOMS TO LIFE HIGH AT $25.15 HIGH/GOLD$1356/CRUDE $85.15/BASE METALS RALLY SHARPLY HIGHER//

ISM Non-Manufacturing PMI A 54.3 F 53.5 P 53.2 Factory Orders m/m A 2.1% F 1.3% P -0.5%

Market again trading zig zag without clear direction. Copper between 375.50 - 377.

MCX Nov Copper low risk traders can book part profits upto 377, others hold for given targets. Buy given between 375.80 - 376.20. ( Reset )

3/11 LME Inventory Update Copper -875MT Lead +500MT Zinc -75MT Nickel -72MT Aluminum +1400MT

MCX NOV COPPER APPT1 AT 377.90 CMP 377.40/BOOK FURTHER PROFITS/OTHERS HOLD FOR LEVELS./LOW RISK TRADERS TRAIL AROUND COST/

MCX NOV COPPER: BOOK PART PROFITS UPTO 377.20/ MCX NOV LEAD MINI BOOK PART PROFITS UPTO 111.20//

Buy Copper Nov between 375.80 - 376.20 SL below 373.80 T1 377.90 T2 379.20

NOV 3 2010 WEDNESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 374.20 , S 2RS 371.20 , S3 RS 369

R1 RS 377.80 , R2 RS 379 , R3 RS 380.60

WAIT FOR CONFIRMATION .

BASE METALS TRADING FLAT AT SAME LEVELS AS CLOSE/COPPER LTP 376.40 RES 378 SUPP 375/NICKEL LTP 1046.50 SUPP 1039 RES 1061/ALU CLOSED VERY POSITVE 107.70/ZINC AND LEAD CLOSED DOWN DUE HIGH LME INVENTORIES/MKTS WAIT FED ANNOUNCEMENTS LATER TODAY AS USD WEAKENS/DOLLAR INDEX TRADING BELOW 77/EURO VS USD ABV 1.40//

MCX NOV COPPER APP OUR T2 AT 377.20, BUY GIVEN AT 372.60-373. CMP 376.60.

MCX NOV COPPER T1 ACH AT 375.80, BUY GIVEN AT 372.60-373.

MCX Nov Copper app our T1 at 375.80, cmp 374.90, book further profits. Hold for targets given. Buy given at 372.60-373.

LME Data: Aluminum: -5400; Copper: -625; Lead: +2725; Nickel: -342; Zinc: +4225;

MCX Nov Copper High risk traders holding longs
can book part profits upto 373.80, others hold for targets given. Buy given at 372.60 - 373.

Low risk traders exit copper upto 372...!

TRADING CALL FOR NOV 2 TUESDAY 10.15 AM IST

Buy Copper Nov between 372.60 - 373

SL below 370.70

T1 375.80

T2 377.20.

NOV 2 TUESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 371.50 , S2 RS 368.50 , S3 RS 366

R1 RS 375.50 , R2 RS 377.50 , R3 RS 380.20

WAIT FOR CONFIRMATION .

FED MAY ANNOUNCE FIRST STIMULUS PACKAGE OF $500 MILLION TREASURY PURCHASES TONITE/WILL IMPACT USD/CRUDE HOLDING AFTER STRONG CHINA MANUFACTURING DATA//

GM NOV 2, 7.30AM: CRUDE$83.20 LTP 3724 OPENS MARGINALLY HIGHER RES 3758 SUPP 3670/NAT GAS$3.80 WEAK BELOW 175/GOLD$1353 LTP 19713/SILVER$24.70 LTP36950 SUPP 36800,36600 RES 37250 EXP OPEN MARGINALLY HIGHER//BASE METALS TRADING FLAT TO MARGINALLY DOWN, COPPER LTO 373 RES 375.50 SUPP 371/EXP ZIG ZAG TRADES MORNING TILL FED POLICY RELEASE LATER TONITE, TRADE LESS , WAIT FOR CLARITY/RBI CREDIT POLICY TODAY TO DECIDE NEXT MOVE OF INR/USD GAINS MARGINALLY/

MCX NOV COPPER UPDATE UNABLE TO SUSTAIN AT HIGHER LEVELS MILD WEAK BELOW 373.50 WITH RES AT 375.50 AND SUP 370/ LEVELS ONLY.

ISM Manufacturing PMI Act 56.9 Fore 54.2 Prev 54.4

MCX NOV COPPER APP OUR T2 AT 376, BUY ON DIPS ADVISED AT 371.80. CURRENT HIGH 375.35.

MCX NOV COPPER TRADERS HOLDING LONGS TRAIL SL AT 371.50.

MCX NOV COPPER T1 ACH AT 374.50, BUY ON DIPS ADVISED AT 371.80.

MCX NOV COPPER HITS HIGH 374.05 TRADERS HAVING FILLS IN BUYS UPTO 371.80 BOOK PART PROFITS.

LME COPPER DOWN 925/ALU DN 3275/ ZINC UP 6100/NICKEL UP 984/LEAD NIL.

MCX NIOV COPPER UPDATE: SUPPORT IS AT 368 AND CLD TEST RES 374.50-376//BUY ON DIPS ONLY ADVISED AS SL TOO FAR AWAY// BUY RANGE 371.50 TO 371.80//

MARKET ALERT ON NOV 1 MONDAY 11.20 AM IST

Basemetals opened gap up and wait for any opportunity to buy

on dips. All trading around strong res levels.No proper SL

to maintain. Copper Res 373 and sup seen 371. Lead and

Zinc positive above 111. Nickel above 1040 ,.

NOV 1 MONDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 366.90 , S2 RS 365.10 , S 3RS 362.50

R1 RS 371 , R2 RS 373.30 , R3 RS 376.10

WAIT FOR CONFIRMATION .

Silver surged to more than $25 an ounce for the first time in three decades as a weaker dollar increased the investment appeal of precious metals,gold was little changed. Silver for immediate delivery rose as much as 1.1 percent to $25.005 an ounce, the highest price since March 1980, as the dollar declined against a six-currency basket for a third day.

UPDATE AT 8.10AM; BASE METALS RALLING HIGHER COPPER UP OVER 1%, ZINC UP ABOUT 1.5%, NAT GAS UP ABT 1%, SILVER UP ABOUT 1%//MKT EXPECTS STIMULUS PACKAGE RANGE 500 MILLION TO 1 TRILLION DOLLARS!!!!

BASE METALS OPEN SHARPLY HIGHER ON WEAKNESS IN USD /COPPER OPENS HIGHER ARD 0.80%, NICKEL ARDS 0.60%, ZINC AND LEAD OPEN ABOUT 1% HIGHER!!

GM NOV 1,7.15AM:ALL COMM OPEN HIGHER AS FED MEETS TODAY AND TOMORROW ON DECISION ON QUANTITATIVE EASING AND STIMULUS MEASURES, USD OPENS WEAKER IN EARLY TRADES!!/ CRUDE$81.86 ( UP 0.40 CENTS)LTP 3626 SUPP 3600 RES 3675; NAT GAS$4.06 OPENS HIGHER 0.50%/GOLD$1358 HITS HIGH $1365 IN EARLY TRADES LTP 19798 STRONG RES AT $1365 MCX 19850/SILVER$24.85 HITS HIGH $25 IN EARLY TRADES LTP 37059 RES 37300 SUPP 36750, EXP POSITIVE OPEN SILVER ARD 37180 TO 37200//