Pending Home Sales m/m Act -2.8% Fore -2.2% Prev -3.2% data negetive to USD

MCX APRIL COPPER TRADING RANGE 451 TO 445/ MILD WEAKNESS SEEN, CLD TEST SUPPORTS//LEVELS ONLY.

MCX APRIL COPPER LOOKS MORE POSITIVE IF SUSTAINS ABV 451 WITH SUPP 448 AND CLD TEST 454-456//LEVELS//

TECHNICALS FOR FEB 28

MCX APRIL COPPER

SUPP: 448.50/445/442

RES: 452.30/455/458

UPDATE AT8.20AM; BULLION SHOLDING HIGHER GOLD$1413 (UP ARD 30RS)/SILVER $33.49 MCX HIGHER ARD RS 150RS SUBJECT TO INR OPEN//CRUDE AT $99.49 ARD MCX 4520//COPPER RECOVERS SLOWLY TRADES FLAT ARD SAME CLOSE LEVELS MCZX ARD 444.50/

GM FEB 28,7.30AM:GOLD$1413(MCX UP ARD 30RS),SILVER$33.45( MCX UP ARD RS 100) BULLIONS OPENS HIGHER AS TENSIONS IN MIDDLE EAST ESCALATE//CRUDE OPENS SHARPLY HIGHER AT $99.65 MCX UP ARD RS 60 LTP4462 RES 4520 SUPP 4415/NAT GAS FLAT//BASE METALS OPEN LOWER COPPER DOWN 0.50%LME COPPER $9705 MCX CMP ARD 443//

BULLIONS LAST NIGHT CLOSED AT HIGHS SILVER $33.35//GOLD$1410,MCX OPEN CLD SEE UPSIDE CLOSE TO RES AS PER LEVELS GIVEN LAST NIGHT//CRUDE CLOSES ARD 98$, MCX OPENING HIGHER SEEN/

GM FEB 26: MKTS CLOSE REPORT: BASE METALS CLOSED ON HIGHS AFTER POSITVE DATAS FROM US AND CONTRACT EXPIRY COMING UP/CRUDE 4434 POSITIONAL SUPP 43720 RES 4520/ COPPER LTP 443.65 RES 445 SUPP 440/NICKEL LTP 1278 RES 1290 SUPP 1260/ZINCM POSITVE AS PER BUY CALL LAST NIGHT/SILVER 49552 EXP POSITVE OPEN RES 50000 SUPP 49200//GOLD CLOSES POSITVE/GAS CLOSES POSITVE/

As Said in Commentry Copper tested level 1 at 442, that time CMP was 437.50.

Prelim GDP q/q Act 2.8% Fore 3.3% Prev 3.2% Data negetive to USD and positive to Bullion

MCX FEB COPPER EXIT SELLS AT CMP 437.50.

MARKET ALERET ON FEB 25 FRIDAY 2.55 PM IST

Traders Having fills in our sell copper at 434.50

can book part profits up to Rs 433.20 ,

TRADING CALL FOR FEB 25 FRIDAY 2.45 PM IST

: Sell Copper Feb between 434.5 - 435

SL abv 437.5

T1 432

T2 429.8.

Medium Risk

MCX FEB COPPER UNABLE TO BREAK RES 437 SINCE MORNING/ CLD TEST SUPP AT 434/433 WITH RES AT 437.50/LEVELS/

25/02 LME Inventory Update Copper +4150MT Lead +250MT Zinc -50MT Nickel +780MT Aluminum -4625MT

UPDATE AT 8.25AM; CRUDE BELOW$97 MCX CLD OPEN ARD 4450-4480 DEPENDS ON INR/ SILVER OPENS LOWER MCX OPEN ARD 49500-49600/COPPER OPENS MILD UP MCX ARD 436-436.50//GOLD $1403 DOWN ARD RS 30 //

GM FEB 25,7.30AM:GOLD41403 SILVER$32.52 AS EXP RES AT $1420 AND $33.80 DID NOT BREAK AND HAS CORRECTED DOWN SHARPLY(WATCH OUT INR OPEN FOR NEXT MOVE) // CRUDE$97.24 CORRECTS DOWN SHARPLY AFTER SAUDI PROMISES TO MAKE UP DEFICITS FROM LIBYA CRISIS//NAT GAS FLAT//BASE METALS OPEN AT SAME CLOSE LEVELS , RECOVERED LAST NIGYHT AFTER POSITIVE DATAS FROM US, OUR BUY LAST NIGHT COPPER AT 432 CLOSED AT 435.65(T2:437)//

MCX FEB COPPER TRADERS CAN BOOK PART PROFITS UPTO 433.80, BUY GIVEN AT 432-432.40. (RESET).

NEW HOME SALES ACT 284 K FORECAST 330K PREV 325 K// DATA NEGATIVE TO USD//

MCX FEB COPPER TRADERS CAN BOOK PART PROFITS UPTO 433.70, BUY GIVEN AT 432-432.40.

Buy Copper Feb between 432. - 432.40 SL below 429 T1 435 T2 437. High Risk

MCX FEB COPPER BELOW 424 COULD TES NEXT SUP 422 WITH RES NOW AT 428.50. OUR T3 ACH AT 423.80.

MCX Feb Copper low came 424.30 aginst T3 of 423.8, Traders book full profits.

MCX FEB COPPER OUR T2 ACH AT 425.40, TGT EXT UPTO 423.80, HIGH RISK.

LME COPPER UP 975/ NICKEL UP 444/ALU DOWN 5000/ ZINC DN 175/ LEAD DN 525/

MCX FEB COPPER LOW 426.30 /SELL AT 431// BOOK MAX PROFITS/

MCX FEB COPPER T1 ALMOST ACH AT 427.50 LOW 427.60/ SELL UPTO 431/

MCX FEB COPPER LOW RISK TRADERS BOOK FURTHER PROFITS UPTO 428.50 OR TRAIL SL TO COST/ OTHERS HOLD AS PER LEVELS GIVEN/

Sell Copper Feb between 430.50 - 431 SL above 433.50 T1 427.50 T2 425.40.

TECHNICALS FOR FEB 24

MCX FEB COPPER

SUPP: 426/424.50/421.50

RES; 431/433.50/436

BASE METALS DOWN SHARPLY OVER LAST 2 DAYS AS FEARS OF ECONOMIC CRISIS LOOMS WITH CRUDE PEAKING AND MIDDLE EAST WORRIES CLD IMPACT ECONOMIES//COPPER TESTED SUPP LAST NIGHT AT 424 CLOSED ARD PIVOT 428 EXP OPEN HIGHER ARD 431 RES AT 433-434 SUPP AGAIN AT 426//NICKEL CLOSED UP SHARPLY BY CLOSE AFTER TESTING STRONG SUPP 1265 LTP 1292//ZINC WEAK CLOSE BELOW 110 AND LEAD CLOSE BELOW 114 HOLDS ABV//

GM FEB 24,7.40AM; BULLIONS HOLDING AT HIGHS GOLD$1414 HOLD LONGS IN GOLDMINI AS PER BUY CALL SILVER433.64 MCX LTP 500028 A BREAK AND CLOSE ABV 50400 MORE BULLISH SUPP NOW 49500//CRUDE$99.10 LTP 4526 RES 4550-4590 SUPP 4450/NAT GAS FLAT LTP174.80//BASE METALS OPEN HIGHER, COPPER OPENS UP ARD 1% LTP427.70 SUPP 425 RES 433/NICKEL LTP1291 RES 13030 SUPP 1278/

Existing Home Sales act 5.36M Fore 5.27M Prev 5.22M Data positive to USD

MCX FEB COPPER OUR T2 ACH AT 427.50, SELL GIVEN BELOW 432 TRADERS CAN BOOK PROFITS.

MCX FEB COPPER APP OUR T2 AT 427.50, SELL GIVEN BELOW 432. CURRENT LOW 428.10 TRADERS CAN BOOK PROFITS.

UPDATE : COPPER TRADING IN RANGE RES 433 SUP 428 MORE WEAKNESS IF SUSTAINS BELOW 428.

LME : COPPER DOWN 50 NICKEL DOWN 522 ALU DOWN 850 ZINC DOWN 75 LEAD DOWN 800.

MCX FEB COPPER AGAIN TESTED HIGH 431.95 AND NOW AT 430.70 TRADERS HOLDING RESET SELLS IF ANY BOOK PROFITS// PLEASE NOT THAT ANY RESET AFTER TGT ACH IS ALWAYS VERY HIGH RISK.

MCX FEB COPPER LOW 428.60, OUR T2 IS 427.50// SEL GIVEN BELOW 432/

MCX FEB COPPER APPT2 AT 427.50 CMP 428.85/BOOK MAX PROFITS//SELL GIVEN BELOW 432//

mcx feb copper t1 ach at 429.50.

MCX FEB COPPER T1 ALMOST ACH AT 429.60 CMP 429.80

MCX FEB COPPER; BOOK PART PROFITS UPTO 430.55//

Sell Copper Feb below 432 SL above 433.60 T1 429.60 T2 427.50

TECHNICALS FOR FEB 23

MCX FEB COPPER

SUPP: 432/430/427

RES: 436/438/441

GM FEB 23,8.35AM; GOLD $1401, SILVER $ trades flat 33.07 res at 49600 and supp 49000-48800/crude $95.91 opens mild up positive abv 4300 supp 4280 and cld test res 4330-4346-4368//nat gas opens marginally highe/ BASE METALS TRADES LOWER COPPER OPENS LOWER 0.30% LTP 433.85 SUPP 432-430(AS GIVEN LAST NIGHT) RES 436-438 /

Copper looks weak. If close below 440 then again 436 - 430 come.

CB Consumer Confidence Act 70.4 Prev 64.8 Surv 65.1Data Positive to USD

MARKETS TRADING SIDEWAYS A HEAD OF US DATA AT 8.30 PM DATAS CONSUMER CONFIDENTS AND RICHMOND MANUFACTURING INDEX.

MCX FEB COPPER OUR T3 ACH AT 437, SELL GIVEN AT 442.70-443.20. TRADERS CAN BOOK FULL PROFITS.

LME : COPPER UP 275 NICKEL UP 498 ALU UP 25 LEAD DOWN 1100 ZINC NIL.

MCX FEB COPPER TAKING STRONG SUPPORT AT 441-441.50 LEVELS/FRESH SELLS ADVISED BELOW SUPPORTS ONLY/

MCX FEB COPPER SHOWING STRONG SUPPORT AT 441 /TRADERS HOLDING SELLS UPTO 443.20 LD BOOK SOME LOTS AT UPTO 441.80//

MCX FEB COPPER: BOOK PART PROFITS UPTO 441.85 //OTHERS HOLD AS PER LEVELS GIVEN/ STRONG SUPPORT AT 441//

Sell Copper Feb between 442.70 - 443.20 SL above 445.20 T1 440.60 T2 438.50. Medium Risk

UPDATE AT 9 AM; COPPER TRADES LOWER 0.75%/ZINC AND LEAD SHARPLY LOWER ARD 2%/SILVER AND GOLD TRADING MARGINALLY LOWER/

UPDATE AT 8.40AM: BASE METALS SLIDING LOWER COPPER DOWN ARD 0.45% MCX ARD 443-442.50/ZINC AND LEAD DOWN ARD 1%/NICKEL DOWN ARD 0.50%/BULLIONS TRADES ARD SAME CLOSE LEVELS/

TECHNICALS FOR FEB 22

MCX FEB COPPER

SUPP; 443/441.40/439.60

RES; 448/450.90/454.50

UPDATE AT 8.10AM; BULLIONS CORRECTING DOWN MARGINALLY TO SAME LEVELS AS CLOSE LAST NIGHT/ CRUDE$92.76 /BASE METALS TRADING LOWER COPPER DOWN ARD 0.20%MCX ARD 444 ZINC AND LEAD TRADING LOWER ARD 0.50%

GM,FEB 22,7.10AM: GOLD $1408 OPENS MARGINALLY HIGHER LTP 20730/SILVER$34.23 LTP50290 OPENS SHARPLY HIGHER MCX ARD 50600/ CRUDE$92.75 LTP 4302 EXP OPEN HIGHER RES 4370 SUPP 4250 CLD TEST RES AS TENSIONS MOUNT IN LIBYA/NAT GAS LTP 176.50 SUPP 171 RES 178-181/ BASE METALS OPEN FLAT COPPER LTP444.85 SUPP 441 RES 448/NICKEL LTP1319 SUPP 1304 RES 1328/

POSITIONAL TRADERS IN COPPER LONGS TRADE WITH SL 444.

REMINDER US MARKET CLOSED TODAY AND FRESH ENTRIES NOT RECOMMENDED AS OF NOW AS MARKETS COULD TURN VOLATILE AND ZIG ZAG OPERATORS TRIVEN

LME : COPPER UP 3550 NICKEL DOWN 174 ALU UP 28150 ZINC DOWN 100 LEAD DOWN 225

MCX FEB COPPER LOW RISK TRADERS HOLDING LONGS AT 447 BOOK MAXIMUM PROFITS UPTO 449.70 BEFORE LME/ STRONG RES SEEN AT 451

MCX FEB COPPER OUR T1 ACH AT 449, BUY GIVEN ABOVE 447.

MCX FEB COPPER OUR T1 ALMOST AT 449, BUY GIVEN AT POSITIVE ABOVE 447. CMP 448.90 TRADERS CAN BOOK FURTHER PROFITS

mcx feb copper: traders holding buys at 447, book part profits upto448- 448.20/others hold as per levels/

COPPER LOOKS POSTIIVE ABOVE 447 WITH SUP AT 444.80 AND COULD TEST 449 - 451 LVELS//TRADERS CLD TRADE AS LEVELS GIVEN/

TECHNICALS FOR FEB 21

MCX FEB COPPER

SUPP; 443.50/441.50/440

RES 448/450.80/453

UPDATE AT 8.05 AM: CRUDE TRADING AT DAYS HIGHS $87.37/NAT GAS FLAT/GOLD ARD $1395 HIGHEST SINCE JAN 4 NEXT RES $1405-1415, HOLD LONGS MATCH GOLD MINI AS PER OUR BUY AT 20120/SILVER HIGH $3.12 CMP $33.02 MCX ARD 49100-49200 DEPENDS INR OPEN/BASE METALS TRADES FLAT TO MILD POSITVE///US MKTS SHUT TODAY DUE PRESIDENTS DAY, SO TRADE LESS //

GM FEB 21,7.20AM:CRUD EOIL AND BULLIONS OPEN SHARPLY HIGHER AFTER TENSIONS IN MIDDLE EAST ESCALATE: CRUDE$87.33 EXP OPEN HIGHER ARD RS 35-40/GOLD $1395(LAST CLOSE$1389) UP ARD RS 50,SILVER NEW LIFE HIGH $33.07 CMP 33.05 UP ARD RS 400 EXP OPEN HIGH LIFE HIGH ABV 49000// BASE METALS OPEN FLAT COPPER LTP 445.45 WEEKLY RES 451 SUPP 441/NICKEL LTP 1314 RES 1325 SUPP 1298-1290//

GM FEB 19:CLOSE RATE GOLD$1389 CLOSED FLAT OVERALL POSITIVE HOLD LONGS GOLD MINI AS PER POSITIONAL BUYS AT 20120//SILVER ZOOMED AS ANTICIPATED BY US ON BREAK OF $31 MCX 46720 LTP 47462TECHNICALLY LOOKS BULLISH, BUY ON DIPS RECOMMENDED/CRUDE CLOSED FLAT/ COPPER LTP445.35 SUPP 441 AND RES 451 MORE POSITVE ONLY CLOSE ABV 451; NICKEL POSITIVE LTP 1312.50 RES 1325 SUPP 1290/ZINC AND LEAD SIDEWAYS/

MCX FEB COPPER CMP 445 SUP AT 443.50 RES 447

ALERT AT AFTER 6PM US FED CHAIRMAN GIVING SPEECH.

CHINAS CENTRAL BANK RAISES BANK RESERVE REQUIREMENT BY HALF PERCENTAGE POINT FROM FEB 24 TO CONTAIN INFLATION.

MCX FEB COPPER OUR T3 ACH AT 442.10, SELL GIVEN AT 448. TRADERS CAN BOOK PROFITS.

US MARKET WILL BE CLOSED ON MONDAY DUE TO PRESIDENTS DAY.

LME : COPPER UP 725 NICKEL DOWN 528 ALU DOWN 5025 ZINC DOWN 100 LEAD DOWN 225.

MCX FEB COPPER T2 ALMOST ACH LOW 444.10/ SELL AT 448/

MCX FEB COPPER SELL AT 448 LOW 444.30 OUR T2 444/HIGH RISK HOLD FOR T3 AT 442.10////

MCX FEB COPPER APP T2 AT 444 CMP 44.80/ SELL AT 448/ BOOK FURTHER

MCX FEB COPPER : SAFE TRADERS BOOK PROFITS UPYTO 445.50/ SELL AT 448

MCX FEB COPPER T1 ACH AT 446/ SELL AT 448

MCX FEB COPPER T1 ACH AT 446/ SELL AT 448

mcx feb lead mini; book part profits upto 117.60/ sell given at 118.20// mcx feb copper app t1 ar 446 cmp 446.40, sell at 448 book further/

CALL GIVEN AT 10.40AM

SELL COPPER AT 448 AND 450.50 SL ABV 452.10 TGT 448-446-444

INR OPENS SHARPKY STRONGER ARD 20 PAISE/CLD HOLD BACK COMODITIES/

TECHNICALS FOR FEB 18

MCX FEB COPPER

SUPP: 446.50/444.50/441

RES; 450.50/453/455.50

GM FEB 18,7.30AM:GOLD$1384 HOLD LONGS GOLDM AS PER OUR POSITIONAL BUY CALL ON FEB 4,SILVER$31.62 LTP 47189 HIGH 47279/CRUDE$86.37 LTP3895/COPPER LTP 447.85 OPENS POSITIVE MCX ARD 449 CURRENTLY/NICKEL LTP1298/BASE METALS RALLIED SHARPLY AFTER POSITIVE US DATAS LAST NIGHT/

Oil traded near a five-day high, heading for its biggest weekly gain in five, as tensions mounted in the Middle East and reports showed the economic recovery in the U.S., the world’s biggest crude user, is gaining momentum.
Crude oil gained in New York after rising 1.6 percent yesterday, the biggest increase this month, as protesters clashed with police in Bahrain, Yemen and Libya, and Iranian state-run television said the country was sending two warships through the Suez Canal. The index of U.S. leading indicators rose in January for the seventh straight month. source bloomberg

Gold prices were boosted Thursday from safe-haven demand due to fresh Middle East tensions that include civil unrest in Bahrain and Libya. Also, Iran has reportedly sent two war ships to the Mediterranean Sea, much to the chagrin of Israel. In the background also are ongoing worries regarding the European Union's sovereign debt situation. News reports Thursday said EU officials are pressuring Portugal to accept a financial bailout from the EU.

MCX FEB NCIKEL ; FINAL TGT FOR HIGH RISK TRADERS ACH AT 1285...LOW 1285.50.. SELL AT 1308 ///MCX FEB CRUDE OIL T1 ACH AT 3845... SELL AT 3865 // MCX FEB COPPER AL TGTS ACH AT 445... SELL AT 451.50.

LME: COPPER UP1400 NICKLE DN174 ALU UP 275 ZINC DN 50 LEAD DN 50

MCX FEB ZINCM T1 ACH AT 112/SELL AT 113.30 /// MCX FEB COPPER T3 ACH AT 445//MCX FEB CRUD EOIL T1 ACH AT 3845 LOW 3846 SELL AT 3865-70 //MCX FEB NICKEL CMP 1287 T3 ALMOST ACH AT 1285 /// CHEERS!!!!!!!!!!!

MCX FEB COPPER NOW HAS NEXT SUPPORT AT 445 WITH RES AT 451/TRADERS HOLDING SELLS IF ANY TRAIL SL TO COST FOR T3 445( HIGH RISK)//MCX FEB NICKEL T2 ACH AT 1294 WEAK IF SUSTAINS BELOW 1295 WITH NEXT SUPPORT AT 1288-1285 RES NOW AT 1308( HIGH RISK)//LOW RISK NOW WATCH.//

MCX FEB COPPER T2 ACH AT 447/ SELL AT 451.50/

mcx feb copper app t2 at 447 cmp 447.70/ sell at 451.50/ book profits/
mcx feb copper app t2 at 447 cmp 447.70/ sell at 451.50/ book profits/

COPPER UPDATE; LOW 448.20/SELL AT 451.50// OUR T2 447//

MCX FEB NICKEL : T1 ACH AT 1300/ SELL AT 1308/ MCX FEB COPPER T1 ACH AT 449 SELL AT 451 -451.50.

MCX FEB NICKEL T1 ALMOST ACH AT 1300 LOW 1301SELL AT 1308/// MCX FEB COPPER T1 ALMOST ACH AT 449 LOW 449.10 SELL AT 451-451.50 //

MCX FEB COPPER APP T1 AT 449 LOW 449.30 SELL AT 451-451.50 /// MCX FEB NICKEL APP T1 AT 1300 LOW 1302 SELL AT 1307-1309 //// BOOK FURTHER PROFITS//MC

MCX FEB NICKEL; BOOK PART PROFITS UPTO 1303.50/ SELL AT 1307-1309/MCX FEB COPPER LOW RIKS BOOK UPTO 449.70, SELL AT 451-451.50.

Sell Copper Feb between 451 - 451.50 SL above 453.50 T1 449 T2 447.

TECHNICALS FOR FEB 17

MCX FEB COPPER

SUPP; 447/445/442.80

RES; 452/454.50/456.50

GM,FEB17,7.20AM:CRUDE $85.13 LTP 3872 RES 3915 SUPP 3850-3840 WAIT FOR FRESH ENTRY/NAT GASLTP 180.50 RES 183 SUPP 178/GOLD$1376 MCX 20506/SILVER$30.71 LTP46263 MCX CMP ARD 46350.../COPPER OPENS SHARPLY HIGHER ARD 0.70%LTP449.20 CMP ARD 451.50-452/

Gold has been hovering near steady price levels most of the trading session Wednesday when news reports surfaced that Iran was sending two war ships through the Suez Canal and into the Mediterranean Sea. This prompted a quick response from Israel that the Iranian move was an act of aggression. Gold popped around $8.00 an ounce on that news, but could not hold the gains and backed down to price levels seen before the Iran headlines.source KITCO

Building PermitsA 0.56M F 0.57M P 0.63M PPI m/m A 0.8% F 0.9% P 1.1% Core PPI m/m A 0.5% F 0.2% P 0.2% Housing Starts A 0.60M F 0.55M P 0.53M Data Mixed to USD

MCX FEB NICKEL TRADERS CAN BOOK PART PROFITS UPTO 1304, BUY GIVEN AT 1297-1299. (RESET).

LME; COPPER:UP 3375/ NICKEL DN 150 / ALU DN 2300/ZINC DN 100/LEAD DN 250/

MCX FEB COPPER CMP 456/ BUY AT 452// LOW RISK TRADERS BOOK FULL PROFITS/HIGH RIKS HOLD FOR T3.///

MCX Copper Feb app T2 at 456, High 455.30, Ext Tgt to 457.80.

MCX FEB COPPER: T1 ACH AT 454.50/ BUY AT 451.80-452.20//BOOK FURTHER//

MCX FEB COPPER APP T1 AT 454.50 CMP 453.95/BUY AT 452 LEVELS//MADE EXACT LOW OUR ENTRY LEVEL 451.80!!!

MCX FEB COPPER CMP 453.40/ BUY GIVEN ARD 452//BOOK FURTHER PROFITS/

MCX FEB COPPER: BOOK PART PROFITS UPTO 453/ BUY GIVEN ARD 452/LOW RISK TRADERS TRAIL WITH PROFIT SL/

Buy Copper Feb between 451.90 - 452.30 SL below 449.8 T1 454.50 T2 456.50 /// TRADES LESS//

UPDATE AT 9AM: BASE METALS TRADING FLAT AT SAME CLOSE LEVELS // BULLIONS YESTERDAY POSITVE AFTER UK CAME OUT WITH HIGHER INFLATION DATA/ EXP FLAT OPEN BULLIONS//

TEHCNICALS FOR FEB 16

MCX FEB COPPER

SUPP; 454/452.80/451

RES; 457.80/459/461.50

GM FEB16,7.25AM:AS ANTICIPATED INFLATION FEARS IN CHINA AND POSSIBLE FURHER TIGHTENING MEASURES BRING DOWN METALS COMPLEX/CRUDE LOWER DUE TO ANTICIPATED INC IN GASOLINE SUPPLIES IN INVENTORIES TONITE/CRUDE$84.61 LTP 3831,NATGAS$3.97 TRADES FLAT /GOLD$1371,SILVER$30.72 TRADES FLAT SILVER LTP 46390 RES 46750 SUPP 45900/COPPER OPENS FLAT TO MARGINALLY LOWER LTP455.70 SUPP454 RES 457-458/NICKEL LTP 1305 SUPP 1298-1290 RES1311/

MCX FEB COPPER TESTED OUR SUP AT 457...!!!

MCX FEB COPPER CURRENT SUP AT 459 IF SUSTAINS BELOW COULD TEST 457 RES NOW AT 463.50

Core Retail Sales m/m Act 0.3% Fore 0.6% Prev 0.5% Retail Sales m/m Act 0.3% Fore 0.5% Prev 0.6% Empire State Manufacturing IndexAct 15.4 Fore 14.7 Prev 11.9 Import Prices m/m Act 1.5% Fore 0.9% Prev 1.1% Data Mixed to USD

ALERT: RISE IN INFLATION INDEX IN CHINA DATA TODAY CLD SEE SOME SELLING IN METALS COPPER SUPP 459.80 IF BREAKS CLD TEST 458-457 RES AT 466 , NICKEL SUPP 1302 IF SUSTAINS BELOW CLD TEST 1294-1288 RES AT 1321//TRADE LESS AND CARRY LESS POSITIONS/ TRDAES LESS IN SILVER MINI ALSO SUPP 45900 RES 46530
Hide Recent Messages (F3)

LME: COPPER UP650 NICKEL DN 174 ALU UP 5500 LEAD UP 1925 ZINC DN 50.

MCX FEB COPPER NEXT SUPPORT SEEN AT 460.80// WAIT FOR FRESH ENTRY/ CMP 462.15//

MCX FEB COPPERZ; BOOK PART PROFITS UPTO 464.90/BUY GIVEN ABV 464//

Buy Copper Feb above 464 Sl below 462.20 T1 466.20 T2 468.20. High Risk TRADE LESS

Inflation exceeded the government’s 2011 target for a fourth straight month in China as prices excluding food rose the most in at least six years, escalating pressure on the central bank to keep raising interest rates.

SOURCE: BLOOMBERG

UPDATE AT 8.25AM: BULLIONS TRADING MARGINALLY HIGHER SILVER MINI CLD OPEN HIGHER ARD 46230-46250/GOLD UP ARD 25RS//CRUDE TRADES HIGHER MCX ARD 3905//LME COPPER HITS RECORD $10180 MCX ARD 465.50-466// WATCHOUT INR OPEN TO REORD PRECISE OPENINGS/

TECHNICALS FOR FEB 15

MCX FEB COPPER

SUPP: 462.60/461/459

RES; 466.50/468/469.50

GM FEB 15,7.10AM: BULLIONS TRADING SAME LEVELS GOLD$1363,SILVER$30.56 LTP 46155 RES 46400-46600-46800 SUPP 45750 HOLD LONGS SILVER MINI//CRUDE485.07 LTP3893 RES 3940 SUPP 3875 OPENS FLAT/NAT GAS LTP 178.10 SUPP 175 RES 181/BASE METALS TRADE AT SAME LEVELS LME COPPER$10150 LTP 464.90 RES 466.50 SUPP 461.50/NICKEL LTP1311 SUPP 1301 RES 1320 HOLD LONGS//POSITVE CHINA IMPORTS DATA PUSHES METALS HIGHER YESTERDAY/

MCX FEB COPPER OUR T2 ACH AT 465, BUY GIVEN AT 460.10 TRADERS CAN BOOK FULL PROFITS.

MCX FEB COPPER OUR T2 ALMOST ACH AT 465, BUY GIVEN AT 460.10, CURRENT HIGH 464.80.

MCX FEB COPPER TRADERS CAN BOOK FURTHER PROFITS UPTO 464, BUY GIVEN AT 460.10.

MCX FEB COPER TRADING SIDEWAYS WITH SUPP NOW AT 459.80 AND RES 464//AVOID FRESH LONGS HERE //

MCX FEB COPPER OUR T1 ACH AT 463.

MCX FEB COPPER OUR T1 ALMOST ACH AT 463, CURRENT HIGH 462.80 TRADERS CAN BOOK FURTHER PROFITS, BUY GIVEN AT 460.10.

MCX FEB COPPER TRADERS CAN BOOK FURTHER PROFITS UPTO 462.10, BUY GIVEN AT 460.10.

LME: COPPER UP5050,NICKEL DN 690/ZINC NIL, LEAD UP 525/ ALU DN 4725

BUY GIVEN ON FRIDAY NIGHT AT 457.50/ T2 ALMOST ACH AT 461.50 HIGH 461.40/ BOOK FULL PROFITS//INTRADAY BUY AT 460.10 CALL RUNNING NOW/

MCX FEB COPPER INTRADAY TRADERS HOLDING BUYS AT 460.10, BOOK PART AT 461.20// APPT2 AT 461.50, BUY GIVEN ON FRIDAY AT 457.50/

MCX FEB COPPER: NEXT UPMOVE WL BE SEEN ABV 460.10 WITH SL BELOW 458 AND TGTS 463-465 //HIGH RISK TRADING IDEA //

OUR CARRYOVER CALL FROM FRIDAY NIGHT: BUY COPPER ABV 457.50 SL BELOW 454.80 TGTS 459.50- 461.60//

UPDATE AT 9 AMD: BULLIONS TRADING FLAT/ CRUD ETRADING AT SAME CLOSE LEVELS//BASE METALS EXP OPEN POSITIVE COPPER AROUND 461//

TECHNICALS FOR FEB 14

MC XFEB COPPER

SUPP: 457.60/455.30/453.30

RES: 461.50/463/465

GM FEB 14,7.30AM: BULLIONS OPEN FLAT AT SAME LEVELS GOLD$1356,SILVER$29.82 MCX SILVER LTP45480 SUPP 45300 RES 44850/CRUDE$85.62 LEP3905 SUPP 3880 RES 3930-3950//NAT GAS FLAT LTP177 SUPP 175 RES 181//BASE METALS OPEN POSITVE COPPER OPENS HIGHER 0.50% LTP 458.95 RES 461.50 SUPP 456//

News: Egypt's VP Omar Suleiman said that President Hosni Mubarak had bowed to pressure from the street and had resigned, handing power to the army

Prelim UoM Consumer Sentiment act 75.1 fore 74.8 prev 74.2 Data positve to USD

Trade Balance Act -406B Fore -40.4B Prev -38.3B Data negetive to USD and positive to Bullion

MCX FEB COPPER OUR T2 ACH AT 454.20, SELL GIVEN AT 458, TGT EXT UPTO 453, TRADERS CAN BOOK FURTHER PROFITS.

MCX FEB COPPER OUR T2 ALMOST ACH AT 454.20, CURRENT LOW 454.40 TRADERS CAN BOOK MAXIMUM PROFITS, SELL GIVEN AT 458.

MCX FEB COPPER APP OUR T2 AT 454.20, SELL GIVEN AT 458-458.50. CMP 455.10 TRADERS CAN BOOK FURTHER PROFITS.

MCX FEB COPPER OUR T1 ACH AT 455.80, SELL GIVEN AT 458-458.50.

LME: COPPER DN 225 NICKEL DN 786 ZINC DN 225 LEAD UP 275 ALU DN 2325
LME: COPPER DN 225 NICKEL DN 786 ZINC DN 225 LEAD UP 275 ALU DN 2325

MCX FEB COPPER APP T1 AT 455.8, LOW 456.35, BOOK FURTHER PROFITS. SELL GIVEN AT 458 - 458.50.

MCX COPPER FEB TRADERS CAN BOOK PART PROFITS UPTO 457, OTHERS CAN HOLD FOR TARGETS GIVEN. SELL GIVEN BETWEEN 458 - 458.50.

Trading Idea - Sell Copper Feb between 458 - 458.50 SL above 460.20 T1 455.80 T2 454.20.

TECHNICALS FOR FEB 11

MCX FEB COPPER

SUPP: 461/462.60/464

SUPP 455.30/435.80/451

DOLLAR INDEX AT 78.20// CRUDE GAINS SHARPLY AFTER EGYTIAN ISSUES CONTINUE/ BASE METALS NOW TRADING MARGINALLY POSTIVE/ SILVER TRADES FLAT TO MARGINALY DOWN//

GM FEB 11,7.40AM;CRUDE$87.50 UP 1% LTP 3973 MCX CMP ARD 4000-4005/NAT GAS FLAT LTP183.80//BULLIONS TRADING AT SAME LEVLS SILVER LTP 45737 RES 46100 SUPP 45300 HOLD LONGS AS PER LEVELS BUY YESTERDAY, GOLDMINI HOLD LONGS AS PER POSITIONAL BUY AT 20120/BASE METALS OPEN HIGHER COPPER UP 0.60% LTP 458.30 MCX CMP ARD 460-460.50 RES NOW 461.50 SUPP 455/NICKEL LTP 1285.80 RES 1298 SUPP 1275/EXP ALL METALS OPEN HIGHER/

Unemployment Claims Actual 383K Forecast 411K Previous 415K Data Positive to USD Negative to Bullion.

MCX FEB COPPER LOW 453.25 OUR T2 452.80/ BOOK MAX PROFITS/SELL AT 458////

MCX FEB COPPER LOW 453.25 OUR T2 452.80/ BOOK MAX PROFITS/SELL AT 458////

MCX FEB COPPER APP T2 AT 452.80 CMP 453.70/SELL AT 458/ BOOK FURTHER PROFITS/

MCX FEB NICKEL APP T1 AT 1285 CMP 1285.70/ SELL GIVEN AT 1290/ BOOK FURTHER PROFITS /// MCX FEB COPPER CMP 453.95 BOOK FURTHER PROFITS SLEL AT 458/.

LME : COPPER UP 550 NICKEL DOWN 432 ALU UP 1125 ZINC DOWN 150 LEAD UP 1800

MCX FEB COPPER OUR T1 ACH AT 455.50, SELL GIVEN AT 458, CMP 454.80 TRADERS CAN BOOK FURTHER PROFITS

MCX FEB COPPER APP OUR T1 AT 455.50, SELL GIVEN AT 457.60-458. CMP 455.80 TRADERS CAN BOOK FURTHER PROFITS.

MCX FEB COPPER LOW 456.30 TRADERS CAN BOOK FURTHER PROFITS BEFORE LME. SELL GIVEN AT 458.

MCX FEB COPPER TRADERS CAN BOOK PART PROFITS UPTO 457, SELL GIVEN BETWEEN 457.60 - 458, OTHERS HOLD WITH SL GIVEN.

Sell Copper Feb between 457.60 - 458 SL above 460.10 T1 455.50 T2 452.80. High Risk.

technicals for feb 10

MCX FEB COPPER:

SUPP: 453/451/449

RES: 457.50/459.50/461

GM,FEB10,7.30AM;HUGE VOLATILITY SEEN LAST EVENING AS FED CHAIRMAN WAS SPEAKING, ACKNOWLEDGES SLOW PACE OF ECONOMIC RECOVERY, INTEREEST RATES UNCHANGED/GOLD1361, SILVER30.13 LTP 45863 SUPP 45500 RES 46100-46200/CRUDE$86.86 LTP 3967 SUPP 3930 RES 4010/NAT GAS MARGINALLY UP LTP184.50//BASE METALS OPEN HIGHER ,COPPER LTP 455.35 SUPP 451 RES 460 OPENS HIGHER ARD 0.40% MCX ARD 457/NICKEL LTP 1292.80 SUPP 1284 RES 1303/

MCX FEB COPPER TESTED OUR LEVELS 459 AND ALMOST TESTED OUR LEVELS 2 AT 460, CURRENT HIGH 459.50, GIVEN AS POSITIVE ABOVE 457 LEVELS.

MCX FEB COPPER AS TO SUSTAIN ABOVE 460.50-461.50 FOR FRESH UP MOVES SUP NOW AT 456.

OUR BULLIONS CALL TODAY; BUY SILVER MINI AT 45500 TGTS 45850-46100-46250 T2 ACH HIGH 46145// POSITIONAL BUY GOLDM MARCH AT 20120 TGTS 20330-20400 HIGH 20284.

Mcx Copper unable to sustain at lows. Looks Firm abv 457 could test 459 - 460. More positive abv 460.

MCX FEB COPPER UPDATE TRDING BELOW 456 RES NOW 458.50 AND COULD TEST SUP AT 453.

LME; COPPER UP 4375 NICKEL DN 606/ALU UP 39000/ ZINC DN 375/ LEAD UP 1125

TRADING IDEA : SELL COPPER AT 457 BOOK PART PROFITS UPTO 456.20/ STRONG SUP SEEN AT 456.

HIGH RISK TRADING IDEAS: SELL COPPER FEB BELOW 457 SL ABV 459.50 TGTS 455.20/453.50 // SELL MCX FEB NICKEL BELOW 1278 SL ABV 1290 TGTS 1270- 1260 // LOW RISK TRADERS AVOID / DO MINIMUM LOTS/

COPPER WEAK IF SUSTAINS BELOW 456 , BELOW WHICH NEXT SUPP 454 RES NOW AT 460//LOW RISK TRADERS REDUCE METALS LONGS TILL LME// KLEAD MINI CMP 116.10//

TECHNICALS FOR FEB 9

MCX FEB COPPER

SUPP: 455.30/453.50/451.80

RES; 459.80/461/463.40

GM,FEB9,7.30AM: CRUDE$87.51 LTP3945 OPEN HIGHER ARD 3960 RES 3985 SUPP 3915 INVENTORY TONITE EXP MILD POSITVE DATA FOR PRICES/NAT GAS LTP184.50 SUPP 180 RES 190 TRADES WEAK/GOLD$1362, SILVER$30.07 LTP 45620 MCX CMP ARD 45450OVERALL POSITVE WEEKLY BASIS ON CLOSE ABV 45500 OR $30, WATCH OUT INR MOVES// BASE METALS TRADING LOWER MARGINALLY COPPER LTP457.45 RES 460 SUPP 454 OPENS MARGINALLY DOWN ARD 456.80/NICKEL LTP 1282 RES 1296 SUPP 1265/ZINC OPENS LOWER ARD1 %/

MCX EFB COPPER : POSITVE IF SUSTAINS ABV 456 WITH SUPP AT 454 AND RES 458-460//LEVELS

MCX FEB COPPER TESTED OUR SUP AT 453, CURRENT LOW 453.10.

China raised key interest rates for the third time since mid-October after growth accelerated and inflation stayed above 4 percent for a third month.
The benchmark one-year lending rate will increase to 6.06 percent from 5.81 percent, effective tomorrow, the People’s Bank of China said on its website today. The one-year deposit rate will rise to 3 percent from 2.75 percent

MCX FEB COPPER UPDATE: TRADING AT SUPPORTS 455 NEXT SUPP SEEN AT 453 RES NOW AT 458.50//LEVELS ONLY.//TOO LOW LEVELS FOR SELLS HERE CMP 455.10/

AS EXPECTED NOTED THIS MORNING NEWS COMING IN THE CHINA GOING IN FOR INTREST RATE HIGH.

LME: COPPER DOWN 1500/ NICKEL UP 108/ ZINC DN 250/ ALU DN 1200/LEAD UP 2450/
LME: COPPER DOWN 1500/ NICKEL UP 108/ ZINC DN 250/ ALU DN 1200/LEAD UP 2450/

BASE METALS TESTED SUPPORTS AND MOVING SIDEWAYS BEFORE LME OPEN/ COPPER SUP 456 RES 460 LOW RISK TRADERS PREFER WAIT FOR ANY FRESH ENTRIES AS TREND NOT CLEAR.

MCX FEB COPPER LOOKS WEAK BELOW 458 WITH RES AT 460 AND CLD TEST 456-455//LEVELS ONLY/

TECHNICALS FOR FEB 8

MCX FEB COPPER

SUPP: 457/455.30/453.80

RES: 460.80/43/465.60

exp bullions open mild positve ,silver ard 44700/copper ard 457/zinc,lead flat/alu ard 114.90/nickel ard 1290/crude and nat gas flat

COPPER LTP 458.90 EXP FURTHER WEAKNESS AT OPEN TO TEST SUPP 455-456 AND CONSOLIDATE THERE, RES SEEN AT 462/ NICKEL LTP 1285.10 SUPP 1277 RES 1298/ALUMINIUM RES 115.60 SUPP 114.50 /ZINCM AND LEADM TRADING AT SUPP//

GM,FEB8,7.30AM:BULLIONS HOLDING AT SAME LEVELS GOLD$1349,SILVER$29.36 LTP44595 RES 44750 SUPP 44200/CRUDE$87.57 LTP 3995 SUPP 3980 RES 4030(CRUDE FALLS ON EASING OF TENSIONS IN EGYPT AND REPORTS OF INCREASE IN STOCK PILES),NAT GAS LTP188.70 SUPP 187 RES 193//BASE METALS FALL AHEAD OF CHINA REOPEN ON WEDNESDAY( SAME LEVELS AS PREHOLIDAY LEVELS IN CHINA) AND STRENGTHENING OF USD AFTER DISAPPOINTING/ GERMAN DATA LAST EVENING WEAKENED THE EURO/

MILD DOWN CORRECTION IN BASE METALS COULD UP AND TEST SUPPORTS 463. LOW RISK TRADERS TAKE CARE OF BUY POSITIONS.

MCX FEB COPPER TRADERS HOLDING BUYS AT 465.20 LEVELS CAN BOOK PART PROFITS UPTO 466/ MULTIPLE LOTS HOLDERS TRAILS WITH PROFIT STOPS FOR SOME LOTS/ OTHERS HOLD PER AS LEVELS GIVEN.

MCX FEB COPPER UPDATE CHINESE MARKETS CLOSED TILL TOMORROW/ WEEKLY CHARTS SHOW RES 468.30 AND SUP AT 461/ AS TRADING AT LIFE HIGHS AS SMALL PULL BACK BEFORE CHINA OPENS CANNOT BE RULED OUT ESPECIALLY GIVEN THE DATAS THAT WHERE RELEASED BY CHINA ON THE DATE OF HOLIDAYS/ EXPECT VOLATILITY TILL THEN.

07/02 LME Inventory Update Copper -625MT Lead +125MT Zinc 0MT Nickel +30MT Aluminum +31650MT

high risk /buy mcx feb copper at 465-465.50 sl below 462.70 tgt 468-470//trade less/

Copper trading sideways and could hold at highs. Nickel looks more positive till 1315 - 1320 levels. Lead looks more positive above 119. Zinc may consolidated around 114 levels.
Crudeoil and Natural Gas remains weak. Sell on rises could be the statergy.

TECHNICALS FOR FEB 7

MCX FEB COPPER

SUPP: 463/460.80/458

RESp: 466/467.70/469.60

GM FEB 7.7.30AM:CRUDE $89.35( OPENS HIGHER 35 CENTS ARD RS RS 10 LTP 4088/NAT GAS OPEN SLOWER ARD 1% LTP197.60/GOLD 1348,SILVER$29.29.20 MCX ARD 44550/BASE METALS OPEN HIGHER, COPPER UP ARD 0.40% LTP464.50/

MCX FEB COPPER OUR T3 ALSO ACH AT 465, BUY GIVEN ABOVE 459 FOR HIGH RISK TRADERS. TRADERS CAN BOOK FULL PROFITS. CURRENT HIGH 465.30.

MCX FEB COPPER APP OUR T3 AT 465, BUY GIVEN AT 459, CMP 464.20 TRADERS CAN BOOK MAXIMUM PROFITS.

MCX FEB COPPER OUR T1 AND T2 ACH, TGT EXT UPTO 465, BUY GIVEN AT 459. TRAIL SL TO COST.

MCX FEB COPPER T1 ACH AT 461.50, BUY GIVEN AT 459. AND T2 ALSO ACH AT 462.

Non-Farm Employment Change A36K F 138K P 103K Unemployment Rate A 9.0% F 9.5% P 9.4% Average Hourly Earnings m/m A 0.4 F 0.2% P 0.1% Data mixed to USD and Bullion

MCX FEB COPPER TRADERS HOLDING LONGS CAN BOOK PART PROFITS UPTO 459.90-460, BUY GIVEN AT POSITIVE ABOVE 459 FOR HIGH RISK TRADERS.

REMINDER: TRADES EXP TO BE LOW KEY AND LESS VOLUMES TILL US RELEASES NON FARM PAYROLL DATA LATER THIS EVENING//TRADERS ADVISED TO TRADE LESS FOR NOW/

MCX FEB COPPER POSITIVE ABV 459 WITH SUPP AT 456.50 AND AND IF BREAKS ABV 460 CLD TEST 461,50- 462//LEVELS ONLY FOR HIGH RISK TRADESR/

Copper trading highly range bound between 458 - 460. A break and strong buying above 460 looks positive. Nickel range bound between 1270 - 1280 levels. Zinc and Lead remains positive. Gold and Silver also remains positive.

TECHNICALS FOR FEB 4

MCX FEB COPPER

SUPP: 456.50/455/453.40

RES: 460.50/462/464.50

INR OPENS 45.67(UP ARD 4 PAISE)/ SILVER CLD OPEN ARD 44000/BASE METALS FLAT COPPER ARD 458/CRUDE MARGINALLY UP/

CRUDE $90.86 LTP 4146 RES 4170 SUPP 4120 CLD OPEN MARGINALLY UP/ NAT GAS LTP 201.50 SUPP 197 RES 204.50-205.80// BASE METALS TRADING MARGINALLY POSITVE COPPER LTP457.80 SUPP 456.50 RES 460 , MORE BULLISH IF CLOSES ABV 460/NICKEL LTP 1276 RES 1285 SUPP 1265/BASE METALS CAME DOWN LAST NIGHT AFTER USD DOLLAR RALLIED UP AFTER GOOD US DATA AND SHORT COVERING IN USD/DATA TONITE: US JOBS DATA IF POSITIVE CLD STRENGTHEN US DOLLAR AND PUSH DOWN BULLIONS AND VICE VERSA/

MCX FEB COPPER AT RES AT 461 AND BELOW 457 COULD TEST SUP 455.50-454.50// LEVELS ONLY

ISM Non-Manufacturing PMI A 59.4 F 57.2 P 57.1Factory Orders m/m A 0.2% F -0.2% P 1.3% Data Positive to USD

Unemployment Claims A 415K F 420K P 454K Prelim Nonfarm Productivity q/qA 2.6% F 2.1% P 2.3% Prelim Unit Labor Costs q/q A -0.6% F 0.4% P -0.1% Data Positive to USD.

COPPER STRUGGLING TI BREAK 460, TRAIL SL TO 458 FOR BUYS//NICKEL KEEP STRICT SL//

Copper next move abv 460 on holding. Nickel abv 1283. And Silver more selling below 43300 - 43250.

LME ; COPPER UP 700 / ALU UP 8325 / NICKLE DOWN 870 / LEAD UIP 4075 /ZINC NIL/

MARKET ALERT PN FEB 3 THURSDAY 11.10 AM IST

MCX Feb Copper looks positive above Rs 459.50

support is seen below Rs 457

Res is seen at Rs 461.50 / 463

These are Trading levels .

LME COPPER HITS HIGH $9993 CMP $9970 , COMEX COPPER HIGH $4.48 CMP 4.54 , BASE METALS HOLDING AT HIGHS COPPER CLD OPEN ARD 459-459.25, CRUD ETRADES MILD POSITIVE ARD 4165/ NEXT TRIGGER WILL BE THE EMPLOYMENT DATA FROM US TOMORROW /CHINA CLOSED TILL COMING MONDAY, WILL CHINA INCREASE INTEREST RATES FURTHER????

GM FEB 3,7.40AM: CRUDE$91.22 (UP0.30%) LTP4150 SUPP 4130 RES 4170/NAT GAS TRADING MARGINALLY HIGHER LTP 201.40 RES 204-205.80 SUPP 197/GOLD$1336 TRADES FLAT,SILVER$28.37 LTP 43411 TRADES FLAT ARD 43450 SUPP 43000 RES 43650/BASE METALS HOLDING ARD HIGHS COPPER LTP 458.80 RES 460 SUPP 456 TRADES NOW ARD 459,NICKEL LTP 1277.30 RES 1285 SUPP 1238/LEAD AND MINIS HOLDING //DOLLAR INDEX 77.03 EURO 1.38 VS USD//

ADP Non-Farm Employment Change Act 187K Fore 148K Prev 247K

LME: COPPER DN 150/ ZINC DOWN 200/ ALU DOWN 300/ NICKEL DOWN 270/ LEAD UP 2150.

MCX FEB COPPER HIGH 460.25 AGAINST T1 OF 460.50. BOOK FURTHER PROFITS

MCX FEB COPPER; MULTIPLE LOT HOLDERS BOOK FURTHER PROFITS UPTO 459.20/ BUY AT 458.

MARKET ALERT ON FEB 2 WEDNESDAY 12.25 PM IST

MCX Copper Low risk traders holding buy above Rs 458

can book part profits between Rs 458.70 to 458.80 ,

Cmp Rs 458.60

TRADING CALL FOR FEB 2 WEDNESDAY 12.05 PM IST

Buy Copper Feb above 458

SL below 455.50

T1 460.50

T2 462.50

FEB 2 WEDNESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 455.60 , S2 RS 453.10 , S3 RS 450.10

R1 RS 460.50 , R2 RS 463 , R3 RS 465.80

WAIT FOR CONFIRMATION .

UPDATE AT 9 AM: CRUDE OIL INVENTORY EXP UP 4.8MB VS 2.4 MB LAST WEEK/ SILVER EXP OPEN POSITVE ARD 43900//COPPER EXP OPEN ARD 459//INR OPENS MARGINALLY WEAKER ARD 12 PAISE //

Copper for three-month delivery on the London Metal Exchange rose as much as 0.3 percent to a record $9,975 a metric ton, surpassing the previous peak of $9,968 a ton reached yesterday. It traded at $9,974 a ton by 10:26 a.m. Singapore time.

source: bloomberg

METALS UPDATE:TRADING AT SAME LEVELS AS CLOSE COPPER LTP 458.10 RES 460 SUPP 455 COMEX COPPER HIGH $4.55 LME COPPER $9960/NICKEL LTP 1272 RES 1285 SUPP 1264-1258/ZINCM,LEADM, ALU TRADES AT HIGHS /ALL BASE METALS AT LIFE HIGHS AND POSITVE AS US DOLLAR INDEX FALLS ARD 77 AND EURO AT 1.38 VS USD//CHINA CLOSED FROM TODAY FOR 1 WEEK//

GMFEB2,7.30AM: CRUDE$90.84 LTP4200 SUPP 4160 RES 4240 OPENS FLAT/NAT GASLTP 200.80 TRADES FLAT/GOLD$1341 TRADES FLAT, SILVER$28.56 LTP437819 YESTERDAY BUY CALL GIVEN AT 43600 AND 43300 SL BELOW 43000 TGTS 43900/44200 CALLS TRIGGERED AT BOTH LEVELS HITS LOW 43040 HIGH 43920!!! T1 ACH, CALL CARRYOVER)TRADES AT SAME LEVELS AS CLOSE WATCH OUT INR OPEN AT 9 AM!!!

MCX FEB COPPER IF SUSTAINS ABV 459 COULD TGT 460.80 WITH SUP NOW 456.50. LEVELS ONLY.

MCX FEB COPPER UPDATE POSITIVE ABV 456.80 WITH SUP AT 454.80 AND COULD TEST RES 458.50/459. LEVELS ONLY.

ISM Manufacturing PMI Actual 60.8 Forecast 57.8 Previous 57.0 Data positive to USD Negative to Bullion.

MCX FEB COPPER EXIT SELLS AT CMP 455.50.

MCX FEB COPPER: TRADERS HOLDING SELLS AT 454 BOOK PART PROFITS UPTO 453.30/

LME: COPPER DN 100/ NICKEL UP 402 ZINC DOWN 400 LEAD UP 2775 ALUMINIUM UP 4625/

Sell Copper Feb below 454 SL above 455.60 T1 452.50 T2 451.30. High risk Momentum.

MCX FEB COPPER T1 ACHIEVED AT 456.50.

TRADING IDEA: MCX FEB ALUMINIUM POSITIVE ABV 115.80 WITH SUPP AT 115.20 AND CLD TEST RES 116.80-117.20//LEVELS FOR HIGH RISK TRDAERS.

MCX FEB COPPER POSITVE ABV 454 WITH SUPP AT 451 AND CLD TEST RES 456.50-458//LEVELS FOR HIGH RISK TRDAERS

TECHNICALS FOR FEB 1

MCX FEB COPPER

SUPP: 449.80/448.20/446.80

RES: 452.20/453.80/455

US DOLLAR INDEX AT 77.61, EURO AT 1.37 VS USD // WEAKENING IN DOLLAR INDEX IS HOLDING COMMODITIES ESP BULLIONS HIGHER/inr opens 45.72 stronger by 18 paise/COPPER TRADING HIGHER ARD 0.40% EXP OPEN ARD 454/CRUDE TO OPEN MARGINALLY DOWN ARD 4215/SILVER MINBI ARD 43750-800/

LME COPPER TOPS $9810/POSITIVE DATA FROM US LAST NIGHT PUSHED UP BASE METALS AS ALSO DECLINE IN US DOLLAR INDEX CMP 77.62/ CHINA CLOSED FROM FEB 2 TO FEB 8 DUE LUNAR HOLIDAYS/DATA TONITE: ISM MFG DATA/

China’s manufacturing growth slowed for a second month in January after the central bank raised interest rates and as millions of migrant workers returned to their villages before a Lunar New Year holiday. The Purchasing Managers’ Index fell to 52.9 from 53.9 in December, the China Federation of Logistics and Purchasing said in a statement on its website. That was less than the median estimate of 53.5 in a Bloomberg News survey of 13 economists

source: bloomberg

GM.FEB 1,7.30AM:GOLD$1335TRADES MILD POSITVE UP ARD RS 30 IN MCX TERMS/SILVER$28.17 UP ARD 10 CENTS LTP43640 RES 43880 SUPP 43200 CURRENTLY MCX TERMS ARD 43750/CRUDE$91.86 OPEN SMARGINALLY DOWN LTP4229 RES 4240-60 SUPP 4185, BRENT CRUDE TOPS $100/NAT GAS OPEN SMARGINALLY DOWN LTP200.20 SUPP 197 RES 204.50/ LME COPPER HITS RECORD$9760 LTP451.90 OPENS POSITVE RES 453-453.50 SUPP 448/CHINA MFG DATA EXP TODAY/