MCX Jun Copper T2 achieved at 420, buy given between 414.2 - 414.6, Ext tgt to 422

LME: COPPER DN 1700 NICKEL DN 270 ALU DOWN 3525 ZINC DOWN 150 LEAD UP 150/

mcx copper june cmp 418.90 book max profits/buy given upto 414.40 positional/

MARKET ALERT ON MAY 31 TUESDAY 1.10 PM IST


MCX COPPER JUNE STRONG RES AT 420-421//


CURRENT HIGH 418.20


BOOK MAX PROFITS/HOLD MINIMUM LOTS ONLY//

MARKET ALERT ON MAY 31 TUESDAY 12.50 PM IST


MCX June Copper Target 1 Achieved at Rs 417


Buy was between Rs 414.20 to 414.70 .


Low risk trader scan book maximum profits and trail sl


to cost .

MARKET ALERT ON MAY 31 TUESDAY 1230 PM IST


MCX June Copper Approaching Target 1 at Rs 417 ,


Buy was between Rs 414,20 to 414,60 ,


Current High Rs 416.75 ,


Traders can book further profits

TRADING CALL FOR MAY 31 TUESDAY 12.10 PM IST


Buy MCX June Copper Between Rs 414.20 to 414.60


and at Rs 412


Stop loss Below Rs 410


Target 1 417


Target 2 420


POSITIONAL .

MARKET ALERT ON MAY 31 TUESDAY 11.45 AM IST


: Markets still trading range bound with no clarity


due to lack of strong fundamentals, contract expiry etc..


Traders advised to trade less in all commodity and


keep booking profits. Gold range bound.


Silver trading between 57000 - 58000.


Copper and other base metals taking strong sup.


Caution advised in all commodities.

MAY 31 TUESDAY



TRADING LEVELS FOR MORNING SESSION


S1 RS 413.30 , S2 RS 410.60 , S3 RS 407


R1 RS 418 , R2 RS 421 , R3 RS 425.60


WAIT FOR CONFIRMATION

UPDATE AT 8.30AM; GOLD$1536 FLAT/SILVER$38.20 FLAT/CRUDE$101.30POSITVE/NAT GAS OPENS POSITIVE/COPPER TRADES MARGINALLY DOWN ARD 0.30%/

GM MAY 31,7.25AM; GOLD$1539 TRADES POSITVE,HOLD LONGS/SILVER$38.27 LTP57707 OPENS MARGINALLY POSITVE/CRUDE$101.10 OPENS POSITVE,NAT GAS OPENS POSITVE MCX RES ARD 210/COPPER LTP 415.75 STRONG SUPP 411.50 RES 417-419 TRADES MILD NEGATIVE/NICKEL LTP 1030 RES 1041 SUPP 1024-1020/NCIKEL LEAD ALU ZINC CONTRACT EXPIRY TODAY /

mcx copper june intraday supports at 411.50 and res 417-419//unable to break supports //

MAY 30 MONDAY


TRADING LEVELS FOR MORNING SESSION


S1 RS 415.30 , S2 RS 412.40 , S3 RS 409


R1 RS 419.50 , R2 RS 422.10 , R3 RS 425


WAIT FOR CONFIRMATION .

UPDATE AT 8.40AM;CRUDE$110.40 FLAT/GOLD$1536/SILVER$38.18/COPPER MARGINALLY DOWN ARD 0.30% MCX ARD 416.50//

GM MAY30,7.55 AM;CRUDE$100.44OPENS FLAT/NAT GAS MILD POSITIVE RES 207 SUPP 198/GOLD$1535 LTP22520 HOLD CARRYOVER BUYS GIVEN FRIDAY/SILVER$38.10 LTP57555 TRDAES FLAT//COPPER OPEN SLOWER 0.50% LTP 417.70 MCX ARD 416 SUPP 414.40 RES 422/NICKEL LTP 1045 SUPP 1030 RES 1064//

Personal Spending m/m A 0.4%F0.5% P0.6% Personal Income m/m A 0.4%F0.4% P 0.5% Data negetive to USD Positive to Bullion

LME Base Metals Inventory: Copper +1250, Aluminum -3275, Nickel -156, Lead +1425, Zinc -50.

GM MAY 27,7.30AM:GOLD$1524 LTP 22377 OPENS POSITVE MCX ARD 22430-440/SILVER$37.79LTP 56554 OPENS POSITVE MCX ARD 57200-400//CRUDE$100.61OPENS MILD POSITVE//BASE METALS OPEN FLAT COPPER LTP412.95 SUPP 409 RES 415/NICKEL LTP1040.60 PIVOT AT 1040 RES 1050 BELOW 1040 NEXT SUPP 1030 NO CLEAR DIRECTION YET IN BASE METALS TRADE IN NARROW RANGE TRADE LESS//

Prelim GDP q/qA1.8% F 2.2% P 1.8% Unemployment Claims A 424K F 403K P 409K Data Negetive to USD positive to Bullion

MCX JUN COPPER UPDATE TESTED OUR SUP 1 AT 410.50 ON BREAK BELOW 411.50, CMP 410.30

Mcx Jun copper update sup now seen at 411.50 a break below could test 410.50-409 with res above 413.60. levels only...!!!

MARKET ALERT ON MAY 26 THURSDAY 12.40 PM IST


MCX June Copper hits low Rs 413.20 ,


Buys given at Rs 415 and 414 with sl below Rs 414.30 .


unfortunately just tested exact support //


Traders if any still holding buys maintain sl


of Rs 413 for Tgts Given .

TRADING CALL FOR MAY 26 THURSDAY 10.15 AM IST


Buy Copper Jun above 415 and at 414


SL below 413.3


T1 416.9


T2 418.9.


High Risk.

GM MAY26,7.10AM: GOLD$1528 OPEN SPOSITVEMCX ARD 22530/SILVER$38.18 POSITIVE MCX ARD 57800-850(LTP57352)//CRUDE POSITVE $101.80 MCX POSITVE SUPP 3560 RES 4645-4680,NEXT MAJOR RES 4720/BASE METALS OPEN MARGINALLY POSITIVE COPPER LTP 412.90 RES 415 SUPP 409,NICKEL LTP 1059 RES 1064-1070 SUPP 1050/LEAD ZINC ALU HOLDING/

MCX JUN COPPER TESTED RES 413.50-414, CMP 413.90, GIVEN AS POSITIVE ABOVE 411...!!!

Core Durable Goods Orders m/m A -1.5% F 2.3% P 0.7% Durable Goods Orders m/m A -3.6% F 4.1% P -2.0% Data negetive to USD

MCX JUN COPPER UPDATE : TRADING ABOVE RES 411 WITH SUP BELOW 409 AND COULD TEST RES AT 413.50-414. LEVELS ONLY...!!!

GM MAY25,7.40AM: CRUDE$98.80,GOLD$1523LTP 22382 WEEKLY SUPP 22230 RES 22460 SILVER$36.34 LTP 55051 RES$37 SUPP 35.60$ OPENS FLAT/COPPER OPEN HOGHER ARD 0.50%LTP 403 RES 405.50 SUPP 399 MCX CMP ARD 405//NICKEL LTP 1034 RES 1038 SUPP 1025/ALU POSITIVE LEAD AND ZINC HOLDING/US DOLLAR INDEX HOLDS ABV 76 AT 76.15//

MCX JUN COPPER TRADERS HOLDING SELLS BELOW 403.50 CAN BOOK PART PROFITS UPTO 401.90...!!!

MCX JUN COPPER WEAK BELOW 403.50 WITH RES AT 405.90 AND COULD TEST 402-400.50. LEVELS FOR TRADERS...!!!

New home Sales data Act 323K Forecast 305K Previous 301K data positive to USD...!!!

MCX ALUMINI MAY POSITVE ABV 113 WITH SUPP AT 112 AND CLD TEST 114-114.80//MCX NICKEL MAY POSITVE ABV 1025 WITH SUPP AT 1013 AND CLD TEST RES 1035-1038//LEVELS FOR TRADERS//

MCX COPPER JUNE UPDATE: TRADES ABV RES 405 HAS SUPPORT NOW AT 403 AND CLD TEST RES 407.20-408//LEVELS//

MCX COPPER JUNE :BOOKED PART PROFITS AT 402/SELLS AT 403/HIGH RISK TRAIL SL TO 406/LOW RISK EXIT ARD COST/

TRADING CALL FOR MAY 24 TUESDAY 10.10 AM IST


Sell Copper Jun below 403 and at 405


SL above 407


T1 400.5


T2 398.5

MAY 24 TUESDAY


TRADING LEVELS FOR MORNING SESSION


S1 RS 397 , S2 RS 394 , S3 RS 391


R1 RS 403 , R2 RS 406 , R3 RS 410


WAIT FOR CONFIRMATION .

Copper fell the most in almost two weeks in New York as manufacturing slowed in China, the world’s biggest consumer of the metal. Copper imports into the country slumped.
A Chinese manufacturing index slid to its lowest level in 10 months, adding to signs economic growth is cooling after the government raised interest rates and curbed lending to rein in inflation. Copper also dropped as manufacturing growth slowed in Europe and the dollar strengthened// source: bloomberg//

MCX JUN COPPER OUR T3 ACH AT 400, CURRENT LOW 399.15 TRADERS CAN BOOK FULL PROFITS, SELL GIVEN BELOW 404.70...!!!

MCX JUN COPPER OUR T2 ACH AT 401, AND T3 ALMOST ACH AT 400, CURRENT LOW 400.40 TRADERS CAN BOOK PROFITS...!!!

MCX June Copper Approaching Target 2 at Rs 401 , sell was below Rs 404.70 . Current low Rs 401.50,high risk traders hold for t3 400 ..

MARKET ALERT ON MAY 23 MONDAY 2.20 PM IST


MCX June Copper Target 1 Achieved at Rs 403 ,


sell was below Rs 404.70 .


Current low Rs 402.70 .

MARKET AKERT MON MAY 23 MONDAY 2.15 PM IST


MCX June Copper Target 1 almost achieved at


Rs 403

Sell was below Rs 404.70

Current Low Rs 402.10


Traders can book further profits and low risk


Trader scan trail sl around cost .

MARKET ALERT ON MAY 23 MONDAY 1.40 PM IST 1.30 PM IST





LME Inventory Update

Copper +1925MT

Lead +1050MT

Zinc -625MT

Nickel +1518MT

Aluminum -2325MT

MARKET ALERT ON MAY 23 MONDAY 12.15 PM IST


Base metals tested support and likely to move higher .


Traders holding sells in copper and Nickel trade with


caution or reduce lots with trailing sl .

MARKET ALERT ON MAY 23 MONDAY 11.45 AM IST


MCX June Copper Approaching Target 1 at Rs 403 ,


sell was given below Rs 404.70 .


Traders can book further profits .


current low Rs 403.50.

TRADING CALL FOR MAY 23 MONDAY 11.00 AM IST


Sell Copper Jun below 404.7 and at 406



SL above 407.5


T1 403 T2 401.


Medium Risk

GM MAY23,8AM:GOLD$1511 SILVER$35 TRDE FLAT/CRUDE OPENS LOWER$98.92 DOWN 1%/BASE OPENS SHARPLY LOWER COPPER DOWN OVER1.3% MCX ARD 407//

20/05 LME INVENTORY UPDATE COPPER -775MT LEAD +925MT ZINC -275MT NICKEL -402MT ALUMINIUM -1075MT...!!!

MAY 20 FRIDAY


TRADING LEVELS FOR MORNING SESSION


S1 RS 402 , S2 RS 399 , S3 RS 396


R1 RS 408 , R2 RS 410 , R3 RS 413


WAIT FOR CONFIRMATION .

MARKET UPDATE FOR MAY 20 FRIDAY 8.55 AM IST


NICKEL As we have been updating last few days only


a close above Rs 1128 further bullishness will come in ,


tested 1120 to 1125 twice in the past week and has


corrected sharply there after .


Weekly support now seen at 1155 to 1150 levels/


Lead Holding positive ,


Zinc and Aluminium trades with negative bias/


crude oil trading in a narrow range $ 97 to $ 101 .

MARKET UPDATE FOR MAY 20 8.50 AM IST


METALS UPDATE :


LME Copper facing strong Res at $ 9000 and




unable to sustain above this levels .


CMP Rs 8960 /


MCX Terms Wednesdays rally upside looks more a


short covering rally , currently trading in a tight


range 398 to 412 ,


next upside on close above 415 for more momentum . /

MARKET UPDATE ON MAY 20 FRIDAY 8.45 AM IST


MCX UPDATE :


A string of US data and news of economic melt down


in Japan has held back all commodities //


Gold we maintain our view that next upside will be


seen on close above Rs 1500 $ or MCX Above Rs 22000 .


Markets have tested these levels thrice in thne past


week and has been unable to close above ./


Silver Res is very strong at $ 35.70 ,


a close above cld test $ 37 //


MCX Terms a break and close above 54200 cld test


56000 where strong res will be seen .

gm may20,8.20am:WEAK ECONOMIC DATS FROM US LAST EVENING PUSHED MKTS DOWN YESTERDAY/GOLD$1495 SILVER$35.13 TRADES FLAT NO CLEAR DIRECTION THIS FULL WEEK/CRUDE$99 OPEN MARGINALLY POSITIVE/BASE METALS OPEN MILD POSITIVE COPPER LTP405.15 RES 407-409 SUPP 402 MCX ARD 405.50 AT PRESENT/NICKEL LTP 1068 SUPP 1055 RES 1090 CLOSED WEAK/LEAD HOLDING POSITIVE ZINC WEAK//

Existing Home Sales A 5.05M F 5.21M P 5.10M Philly Fed Manufacturing Index A 3.9F 20.2 P 18.5 Data Negetive to USD

Unemployment Claims act 409K fore 421K prev 438K Data Positive to USD

Data Tonight - Unemployment Claims 6pm. Existing Home Sales 7:30pm. CB Leading Index m/m 7:30pm. Natural Gas Storage - 8pm.

MCX JUN COPPER REMAINS WEAK BELOW 409 WITH RES AT 411.50 AND COULD TEST SUP 407.50-406.30/ LEVELS ONLY...!!!

LME Inventory Update Copper -775MT Lead +0MT Zinc -450MT Nickel -48MT Aluminum -2050MT

mcx june copper avoid buys at seond level at 409.50/mkts correcting down after japan ecomic report just released gave a very dismal picture and cld be in recession/impact: negative for base metals //

TRADING CALL FOR MAY 19 THURSDAY 10.30 AM IST



Buy Copper Jun above 411.5 and at


409.5



SL below 408


Target 413 - 416

MAY 19 THURSDAY



TRADING LEVELS FOR MORNING SESSION


S1 RS 411.60 , S2 RS 408 , S3 RS 405


R1 RS 417 , R2 RS 419 , R3 RS 422


WAIT FOR CONFIRMATION .

UPDATE AT 8.30AM: GOLD$1499 EXP OPEN ABV 22000 DEPENDS ON INR OPEN/SILVER$35.65 EXP OPEN ARD 54000-54150/CRUDE$100.38 TRADES FLAT /COPPER OPENS MARGINALLY HIGHER EXP TO TEST RES AT 414-415//

GM MAY 19.7.20AM; GOLD$1499 MCX LTP 21985 MORE POSITVE IF SUSTAINS ABV 22000 WITH SUPP 21900 AND RES 22080-22130 EXP OPEN MILD POSITVE/SILVER$35.57 TRADES ABV PIVOT 35.40 OPENS POSITIVE MCX ABV 54000, NEXT RES 36.40 MCX ARD 54500-54800//CRUDE$100.25 LTP 4538 SUPP 4480 RES 4580 TRADES FLAT/COPPER LTP 413.50 RES AT 415 SUPP 409 OPENS FLAT/ NICKEL LTP 1117 RES 1120-1128 SUPP 1105 POSITIONALLY POSITVE CLOSE ABV 1128-1130//

MCX JUN COPPER OUR T3 ACH AT 411, BUY GIVEN ABOVE 405 TRADERS CAN BOOK FULL PROFITS...!!!

MCX JUN COPPER OUR T2 ACH AT 409, BUY GIVEN ABOVE 405, HIGH RISK TRADERS HOLD FOR EXT TGT AT 411...!!!

MCX JUN COPPER OUR T2 AT 409, CURRENT HIGH 408.35, BUY GIVEN ABOVE 405...!!!

MCX JUN COPPER OUR T1 ACH AT 407.50, CURRENT LOW 407.40 TRADERS CAN BOOK FURTHER PROFITS, BUY GIVEN ABOVE 405...!!!

Market totally trading sideways and no clear direction seen yet. Copper positive if holds abv 405. All others trading highly range bound. Trade Less.

MCX JUN COPPER TRADERS HOLDING LONGS ABOVE 405 CAN BOOK PART PROFITS UPTO 406.30. (RESET)...!!!

LME : BASE METALS INVENTORY : COPPER +225, ALUMINIUM +1325, NICKEL -210, LEAD +575, ZINC +17625...!!!

MARKET ALERT ON MAY 18 WEDNESDAY 10.50 AM IST



MCX June Copper low risk and


mulitiple lot traders trail with profit stops/


Res at 407.50-408.50

MARKET ALERT ON MAY 18 WEDNESDAY 10.45 AM IST



MCX June Copper Approaching Target 1 at Rs 407.50 ,



buy was above Rs 405 ,



current high Rs 407.20


Traders can book further profits ;.


cmp Rs 407

MARKET ALERT ON MAY 18 WEDNESDAY 10.15 AM IST



MCX June Copper Low Risk Traders Holding


Longs above Rs 405 can book part


profits at cmp Rs 406 .10

TRADING CALL FOR MAY 18 WEDNESDAY 10.05 AM IST


Buy Copper Jun above 405 and at 403.5


SL below 402.5


T1 407.5


T2 409.

GM MAY 18,8.30AM:GOLD$1491TRADES FLAT TO MILD POSITIVE, SILVER$34.21 OPENS POSITVE MCX ARD 52000/CRUDE$97.78 TRADES POSITVE/BASE METALS OPEN HIGHER COPPER UP ARD 0.60%MCX ARD 403.50-404//

Base Metals update - Copper range bound 398 - 400.Nickel range bound between 1090 - 1120. Zinc range seen at 95 - 98, weak if sustains below 95 till 92.Lead range bound between 103 - 106. Aluminium weak below 115.

MCX JUNE COPPER UPDATE; SUPPORT NOW AT 399.70 AND RES 405-407.50//LEVELS//

LME: COPPER UP 500/NICKEL UP 252/LEAD DOWN 150/ZINC UP 3900/ALUMINIUM UP 22625/

UPDATE AT 4.10PM:GOLD$1495 SILVER$34.20 EXP POSITIVE OPEN/CRUDE$97.74 TRADES MILD POSITVE//BASE METALS TRADE HIGHER COPPER UP ARD 0.80% MCX ARD 402.50-403//

bullions rallying higher gold$1496/silver$34.32 trades positive after europe open//

UPDATE AT 2.30PM:GOLD$1492 SILVER$33.99 TRADES FLAT/CRUDE$97 TRADES MARGINALLY LOWER/BASE METALS TRADE POSITIVE COPPER UP ARD 0.50%//

GM MAY17.9 AM: GOLD$1495 LTP21971, SILVER$33.94 LTP 52589TRADES AT LOWS/CRUDE$97.09 LTP 4421 SUPP 4380 RES 4452 TRADES LOWER/BASE METALS OPEN LOWER COPPER LTP 400.65SUPP 397 RES 404 /NICKEL LTP 1105/LEADM LTP 103.20/ALUM LTP115.25/

MCX JUN COPPER TRADERS HOLDING LONGS ABOVE 400 CAN BOOK PART PROFITS UPTO 402, OVER T1 403, CURRENT HIGH 402.30...!!!

MCX JUN COPPER UPDATE : MILD POSITIVE ABOVE 400 WITH SUP AT 396.80 AND COULD TEST RES 403-404/ LEVELS FOR TRADERS...!!!

UPDATE : BASE METALS TRADING TOTALLY SIDEWAYS WITH NO CLEAR CLARITY/ NEED TO WAIT FOR FRESH DIRECTION...!!!

update: copper taking strong support at 396 to test res 402//levels only all//base metals unable to break below supports and looking to test res//

Copper looks more weak below 397 till 395 - 393...!!!

INR Today has weakened sharply by around 25 paise which is holding up bullions /// In dollar terms silver continues to remain weak at around $ 34 with imme support at $ 33.8...!!!

LME Base Metals Inventory: Copper -1450, Aluminum +65100, Nickel -426, Lead -75, Zinc -200

TRADING CALL FOR MAY 16 MONDAY 10.50 AM IST



Sell Copper Jun below 397


SL above 399.2


T1 395


T2 393.

MAY 16 MONDAY



TRADING LEVELS FOR MORNING SESSION



S1 RS 398 , S 2RS 395 , S3 SR 392


R1 RS 403 , R2 RS 406 , R3 RS 408.20


WAIT FOR CONFIRMATION .

GM MAY16,8AM: GOLD41491 OPEN MARGINALLY LOWER MCX DOWN ARD RS 30/SILVER$35.21 TRADES FLAT TO SMALL DOWN/CRUDE$98.94 OPENS LOWER ARD RS 25//BASE METALS TRADE FLAT//WATCH OUT INR OPEN TO TRACK MCX OPEN RATES,AFTER PETROL PRICE INCREASE CLD IMPACT STOCK MKTS//

THERE WAS A PROBLEM WITH GOOGLE BLOGGER, HENCE OUR BLOGS WERE NOT OPEN TODAY; THE PROBLEMS HAVE BEEN RESOLVED NOW!

CALLS FOR TODAY 13 MAY FRIDAY:

BUY COPPER AT 401.50 SL 399 TGTS 404-406, HIGH CAME 404.50/ASKED OUR MEMBERS TO BOOK FULLY ARD T1 AT 404 OR TRAIL SL ARD COST;

Core Retail Sales m/mA 0.6% F 0.7% P 0.8% PPI m/m A0.8% F 0.6% P0.7% Retail Sales m/mA 0.5% F 0.5% P 0.4% Unemployment Claims A 434K F 430K P 474K Core PPI m/m A 0.3% F 0.2% P 0.3% Data Mixed to USD

MCX JUNE COPPER APP T1 AT 388 CMP 389.10//SELLS BELOW 393MULTIPLE LOT HOLDERS /BOOK FURTHER//

mcx copper june cmp 389.70/sells given below 392/low risk trail with profit sl or book further/

MCX JUNE COPPER CMP 390.30 SELL GIVEN BELOW 392//MCX ZINCMINI MAY CMP 94.90 T5RADERS HAVING SELLS BOOK PART PROFITS/

GM,MAY12,8AM:GOLD$1504 LTP 21921 WEEKLY SUPP$1490 SUPP 21780 RES 22300/SILVER$35.39 LTP 53870 TRADES FLAT WEEKLY BASIS REMAINS WEAK BELOW 55000 SUPP 52000-51000//CRUDE$99.27 LTP 4451 SUPP 4400-4380 RES 4530 REMAINS WEEK//NAT GA SINVENTORY EXP TONITE UP69B VS 72 B LTP189.50 RES192 SUPP 186//BASE METALS FLAT COPPER LTP 391.20 SUPP 390-388 RES 395.50-397 WEEKLY BASIS REMAINS WEAK/NICKEL LTP1092 RES 1106 SUPP 1080 WEAK/

MCX JUN COPPER OUR T3 ALMOST ACH AT 390, CURRENT LOW 390.65, SELL GIVEN AT 400. TRADERS CAN BOOK FULL PROFITS...!!!

MCX JUN COPPER OUR T2 ACH AT 392, SELL GIVEN AT 400. TGT EXT UPTO 390, HOLD WITH MINIMUM LOTS ONLY...!!!

MCX JUN COPPER OUR T2 AT 392, CURRENT LOW 393.20 TRADRS CAN BOOK PROFITS, SELL GIVEN AT 400...!!!

MCX JUN COPPER CURRENT LOW 393.70, SELLS GIVEN AT 400 BOOK MAX PROFITS...!!!

Trade Balance Act -48.2 B Fore -46.8B Prev -45.4B Data negetive to USD

MCX JUN COPPER CMP 394.15/ SELLS GIVEN AT 400/ TRAIL SL TO COST...!!!

MCX JUN COPPER OUR T1 ACH AT 395 (CMP 395.10) , SELL GIVEN AT 400...!!!

MCX JUN COPPER LOW 396.35 OUR T1 IS 395/ SELLS GIVEN AT 400, NEXT DOWN SIDE ON BREAK BELOW SUP 395/ TRADERS HOLDING SELLS BOOK FURTHER PROFITS/ COVERED MORNING SL HIT IN BUY CALLS...!!!

MCX JUN COPPER CURRENT LOW 396.75, NEXT SUP SEEN AT 395, SELL GIVEN AT 400, LOW RISK TRADERS BOOK MAX PROFITS...!!!

MCX JUN COPPER CURRENT LOW 397.50, SELLS GIVEN AT 400 LOW RISK TRADERS TRAIL SL TO 401 AND BOOK FURTHER PROFITS...!!!

MCX JUN COPPER CMP 398.15 TRADERS HOLDING SELLS BOOK FURTHER PROFITS, STRONG SUP AT 397-397.50/ LOW RISK TRADERS TRADE WITH PROFIT STOPS...!!!

TRADING CALL FOR MAY 11 WEDNESDAY


HIGH RISK CALL


Sell MCX June Copper Below Rs 400


Stop loss above Rs 404

Target 395/ 392

Positional .

LME Base Metals Inventory: Copper +25, Aluminum -2750, Nickel -612, Lead +150, Zinc +550.

China Inflation data release today at 5.3 % expected around 4%// markets expecting further tighting of bank credit by chinese banks.

Sell Copper Jun below 400 SL above 404 T1 395 T2 392. Positional.

MCX Copper looks weak below 402 and could test 400 - 398 with res seen at 404. Levels Only.

TRADING CALL FOR MAY 11 WEDNESDAY 11.10 AM IST



Buy Copper Jun between 404 - 404.5



SL below 402


T1 407


T2 409.


Medium Risk

MAY 11 WEDNESDAY



TRADING LEVELS FOR MORNING SESSION


S1 RS 401 , S2 RS 397.60 , S3 RS 394


R1 RS 407 , R2 RS 410 , R3 RS 413


WAIT FOR CONFIRMATION .

GM MAY 11,8AM: POSITIVE US AND CHINA DATA YESTERDAY PULLED BACK COMMODITIES FROM LOWS/CHINA INFLATION RELEASED TODAY UP AT 5.3%//CRUDE$104 LTP 4610 TRADES POSITIVE/GOLD$1522 MCX UP ARD 60RS LTP 22156;SILVER $38.93 ltp 58660 mcx up ard rs 300-400rs/base metals trad flat//copper ltp 403.50 res 408 supp 400/nickel weekly res 1128 supp 1100//

MCX COPPER JUNE: SUPPORT NOW AT 404.50 AND RES 408.80- 409.50//LEVELS//

Copper Update - Looks to rebound to 407 - 409 if sustains above 405..!!

LME: COPPER UP 275/ALU DN 2125/NICKEL DN 312/LEAD UP 700/ZINC UP 5925/

MCX JUNE COPPER CMP 404/INTRADAY SOME BOUNCE UP CLD BE SEEN RES AT 407-408/TRADERS HOLDING SELLS PROTECT POSITIONS/OUR T1 ACH AT 402.50//

MARKET ALERT ON MAY 10 TUESDAY 11.30 AM IST


MCX June Copper Target 1 Achieved at Rs 402.40


Sell was given at Rs 404.50


Low risk traders can book profits .

TRADING CALL FOR AMY 10 TUESDAY 11.00 AM IST



Sell Copper Jun between 404.5 - 405



SL above 406.60




T1 402.5


T2 401

MAY 10 TUESDAY


TRADING LEVELS FOR MORNING SESSION


S1 RS 398 , S2 RS 395 , S3 RS 391


R1 RS 403 , R2 RS 406 , R3 RS 409


WAIT FOR CONFIRMATION .

GM MAY10.7.55AM:GOLD41510 SILVER$37.65 BULLIONS REBOUND AFTER GREECE IS DOWNGRADED BY S AND P TRADES FLAT EARLT TRADES/CRUDE$100.89 NAT GAS MARGINALLY UP//BASE METALS TRADE FLAT COPPER LTP 402 RES 408 SUPP 397//BASE METALS HOLDING AFTER EARLY DECLINES AFTER MARGINAL WEAKNESS ID US DOLLAR//

MCX JUN COPPER OUR T3 ACH AT 400.20, CURRENT LOW 400.30 TRADERS CAN BOOK FULL PROFITS, SELL GIVEN AT 405.60-406.20...!!!

MCX JUN COPPER APP OUR T3 AT 400.20, CMP 400.80 TRADERS CAN BOOK PROFITS, SELL GIVEN AT 405.60-406.20.

MCX JUN COPPER OUR T2 ACH AT 402, SELL GIVEN AT 405.60-406.20. HIGH RISK TRADERS HOLD FOR EXT TGT AT 400.20. HOLD WITH MINIMUM LOTS ONLY AND TRAIL SL TO AROUND COST...!!!

MCX JUN COPPER OUR T2 ACH AT 402, SELL GIVEN AT 405.60-406.20.

MARKET ALERT ON MAY 9 MONDAY 1.30 PM IST


LME INVENTORY


Copper Up 1425 MT

Lead Up 1025 MT

Nickel Down 372 MT

Aluminium Unchanged

09/05 LME Inventory Update Copper +1425MT Lead +1025MT Zinc -350MT Nickel -372MT Aluminum +0MT

MCX Jun Copper T1 achieved at 404...!!

MCX Jun Copper Traders holding sells at 405.6 - 406 can book part profits upto 404.70, others can hold for given targets..!

Sell Copper Jun between 405.6 - 406.2 SL above 408 T1 404 T2 402. Medium Risk

GM MAY 9,7.50AM: CRUDE498.25 OPENS HIGHER ARD 1%/GOLD$1497 SILVER $35.97 OPENS POSITIVE/COPPER OPENS UP ARD 1.4% LTP 399 MCX EXP OPEN ARD 405 AS PER CURRENT LEVELS/

Unemployment Rate A9.0% F 8.8% P 8.8% Non-Farm Employment Change A 244K F 185K P 216K Average Hourly Earnings m/m A0.1% F 0.2% P 0.0% Data Mixed to USD

MCX JUN COPPER TRADERS HOLDING SELLS BELOW 397.50 CAN BOOK PART PROFITS UPTO 396.25. (RESET)...!!!

MCX JUN COPPER TRADERS HOLDING SELLS BELOW
397.50 CAN BOOK PART PROFITS UPTO
396.20...!!!

Sell Copper Jun below 397.5 SL abv 400 Tgt 395 - 393. High Risk.

MCX Jun Copper T3 almost achieved, low 396.75, Traders book full profits...Sell given at 401.2.

MCX JUN COPPER T1 ACHIEVED AND T2 ALMOST ACHIEVED , LOW 398.15, EXT TGT TO 396.6.

MCX Jun Copper traders book part profits upto 400.20, Sell given at 401.20. Reset.

MCX Jun Copper traders book part profits upto 400.30, others hold for targets given. Sell given below 401.30.

Sell Copper Jun below 401.2 SL above 403.2 T1 399.5 T2 398. Medium Risk

Copper Looks weak till 398 - 396 levels with Res seen at 403. Levels Only...

GM MAY6,7.10AM:COMMODITIES SINK AS US DOLLAR RALLIES SHARPLY AFTER ECB KEEPS INTEREST RATES UNCHANGED AND CRUDE OIL CRASHES//GOLD RECOVERS IN EARLY TRADES AT $1487 YESTERDAYS LOW 1462,EXP POSITIVE OPEN/SILVER$35.27 LOW 34.23 LTP 56454//CRUDE$100.80 LTP 4577//BASE METALS SINK YESTERDAY COPPER LTP 402 SUPP 397 RES 406/NICKEL LTP 1113 SUPP 1100 RES 1125/ALU118.35 LTP/ZINC AND LEAD WEAK///MKTS WAIT JOBLESS CLAIMS REPORTS TONITE, RECOVERY POSSIBLE LATER//

BASE METALS COULD SEE SOME SMALL UPSIDE INTRADAY MCX JUN COPPER SUP AS 401 AND COULD TEST RES 405.50-406.50 LEVELS ONLY...!!!

ecb leaves interest rates unchanged at 1,25%

Unemployment ClaimsA 474K F 415K P 429K Prelim Nonfarm Productivity q/qA 1.6%F 1.1% P2.6% Prelim Unit Labor Costs q/qA 1.0% F 0.8%P -0.6% Data Mixed to USD

ECB AND BANK OF ENGALND INTREST RATE DECISIONS EXPECTED AROUND 6PM NEXT MOVE EXPECTED AFTER DECISIONS COME OUT FOR FURTHER MOVEMENTS IN EURO AND USD...!!!

LME Base Metals Inventory: Copper +3525, Aluminum -2650, Nickel -12, Lead +400, Zinc -125.

MCX Copper looks weak below 412 to test 410 - 408. Res seen at 413.20

ECB MEET TODAY ON INTEREST RATE AND ECONOMIC OUTLOOK FOR EUROPE/BASE METALS TRADES WITH WEAK BIAS ON FEARS OF FURTHER CINHESE BANKS TIGHTENING ON INFLATION PRESSURES AND WEAK DATAS FORM US,MKTS EXP NONFARM PAYROLLS WEAK THIS WEEK//

GM MAY5,8AM: GOLD$1517 JUNE GOLDMINI SUPP AT 21980,SILVER$39 SUPPORT 58450-58500 TRADING NEAR YESTERDAYS LOWS/CRUDE$108.79 LTP 4875 SUPP 4850 RES 4930 WEEKLY STRONG SUPP$107/NAT GAS TRADES MARGINALLY WEAK ON EXP INVENTORY UP68BCF(PREVIOUS 31 BCF)/BASE METALS TRADE FLAT WITH BEARISH BIAS COPPER LTP 412.55 RES 414.60-416 SUPP 411-410/NICKEL LTP 1158 SUPP 1145 RES 1172/LEAD ZINC WEAK/ALU HOLDING/BASE METALS CORRECTED AFTER WEAK US DATAS /

US Economic UPDATE ISM Non-Manufacturing PMI Act 52.8 Servey 57.9 Prev 57.3

MCX JUN COPPER UPDATE : WEAK BELOW 415.50 WITH RES ABOVE 417 AND SUP 413-411. LEVELS ONLY...!!!

MCX JUN COPPER LOW RISK TRADERS STILL HOLDING BUYS ADVISED TO EXIT UPTO 417.50...!!!

MCX JUN COPPER UPDATE HIGH AFTER CALL AT 419.20 BUY GIVEN AROUND 418.75/ DATA EXPECTED FROM USA/ LOW RISK AND MULTIPLE LOTS HOLDERS PROTECT TRADES AND TRAIL SOME WITH PROFIT STOPS...!!!

MCX JUN COPPER BUY GIVEN AROUND 417.85 BOOK PART PROFITS UPTO 418.70-418.85...!!!

LME Base Metals Inventory: Copper +125, Aluminum -5375, Nickel -1398, Lead +800, Zinc +500, Tin +285.

MARKET ALERT ON MAY 4 WEDNESDAY 12.05 PM IST



: china composite index falls on talks of


further tightening by china banks/


Trade less with minimum lots in base metals, //

TRADING CALL FOR MAY 4 WEDNESDAY 10.45 am IST



Buy Copper Jun between 417.6 - 418.1



and at 415.5



SL below 414.6


T1 420


T2 422.5

MAY 4 WEDNESDAY


TRADING LEVELS FOR MORNING SESSION


S1 RS 420.20 , S2 RS 417 , S3 RS 415


R1 RS 426 , R2 RS 429 , R3 RS 432


WAIT FOR CONFIRMATION .

GM MAY4,7.45AM;$110.45 DOWN 0.50% LTP 4975 TRTADES LOWER ON ACCOUNT ON HIGHER INVENTORY EXP TONITE SUPP 4960-4840 RES 5010/GOLD$1533 SILVER$41.18 CORRECTED DOWN SHARPLY LOWER LASTEVENING, MORNING OPEN FLAT TO WEAK/COPPER OPENS SHARPLY LOWER ARD 0.80% LTP 423.15 MCX CMP ARD 420 RES 424 SUPP 419/NICKEL LTP 1216 RES 1228 SUPP 1200/ZINC AND LEAD SIDEWAYS/ALU POSITVE///WEAK MANUFACTURING DATAS FROM CHINA AND US DRAGS DOWN METALS//

MCX MAY ALUMINIUM REMAINS MOST BULLISH FROM 120 LEVELS GIVEN BY ABOUT 10 DAYS BACK/ IF SUSTAINS ABOVE 124 COULD TEST 125-126.50 WITH IMM SUP AT 122.50...!!!

MCX JUN COPPER CMP 422.20/ TRADERS IF ANY HOLDING LONGS AS PER BUY CALL IN THE MORNING 417-417.50 CAN BOOK FULL PROFITS...!!!

MCX JUN COPPER UPDATE : REMAINS POSITIVE AS PER MORNING BUY CALL FOR TGTS GIVEN SUP NOW AT 416 AND RES 422.50// LEVELS ONLY...!!!

MCX JUNE COPPER : BREAKS AND SUSTAINING BELOW 416 CLD TEST 414-413 AGAIN WITH RES AT 419.50//

mcx june copper: selling pressure coming in and more weakn ess below 416 high risk /traders hold minimum lots only or exit ard 416.50-417//

MCX JUNE COPPER CAME HIGH 419.45 AGAINST T1 AT 419.80//BUYS AT 417.20//LOW RIKS TRADERS BOOK MAX OR TRAIL WITH PROFIT STOPS//STRONG RES AT 420-421 LEVELS./

MCX JUNE COPPER CMP 419.40//BUYS AT 417-417.40/BOOK FURTHER PROFITS/

MARKET ALERT ON MAY 3 TUESDAY 12.20 PM IST



MCX June Copper Low risk Traders Holding Longs between



Rs 417 to 417,50 can book part profit up to


Rs 418.50 ,


CMP Rs 418.35 .

TRADING CALL FOR MAY 3 TUESDAY 11.55 AM IST


Buy Copper Jun between 417 - 417.5


SL below 415.5


T1 419.8


T2 422.20

MAY 3 TUESDAY


TRADING LEVELS FOR MORNING SESSION


S1 RS 415 , S2 RS 413 , S3 RS 410


R1 RS 419.60 , R2 RS 422, R3 RS 425


WAIT FOR CONFIRMATION .

MARKET ALERT ON MAY 3 TUESDAY 8.40 PM IST



RBI Credit Policy Expected by Noon today .


Markets Expect Interest rate hike around


0.50 % and also hike in deposit rates //


INR Could react sharply either way /


Expect volatility due domestic factors


though International Markets stable as of now .

GM,MAY3 ,8AM: CRUDE$113.15 LTP 5055 RES 5100 SUPP 5010-4990/NAT LTP 208 RES 212-214 SUPP 205 MORE BULLISH POSITIVE CLOLSE AVC 214/GOLD$1542 YESTERDAYS HIGH 1575 EXP WEAK OPEN/SILVER$45.05 LTP 68575 TRADES WITH HUGE VOLATILITY OPENS POSITVE RES 70000-70500 SUPP 67500//COPPER MARGINALLY POSITVE LTP 417 RES 420 SUPP 414,NICKEL 1193 RES 1200 SUPP 1178/ALU POSITVE ZINC/LEAD SIDEWAYS /

MAY 2 MONDAY


TRADING LEVELS FOR EVENING SESSION


S1 RS 408.60 , S2 RS 406.40 , S3 RS 403.80


R1 RS 412.30 , R2 RS 415.10 , R3 RS 417.70


WAIT FOR CONFIRMATION .

mcx june copper t1 ach at 407.50//sells at 409.80//

mcx april copper: book part profits upto 409.20//sells at 410.80//

TRADING CALL FOR MAY 2 MONDAY 10.30 AM IST


Sell Copper Jun between 410.4 - 410.8


and at 412


SL above 414


T1 407.5


T2 405.5.


Medium Risk

US CONFIRMS DEATH OF OSAMA BIN LADEN//BULLIONS NEXT MOVE NEED TO WAIT FOR CONFIRMATION OF NEXT CANDLE FORMATION IN CHARTS AFTER 3-4 HOURS//COPPER WEAK IF SUSTAINS BELOW 410//GOLD:SILVER RATIO GOING IN FOR CORRECTION//

UPDATE AT 8.35AM; BULLIONS TRADING AT SAME LOWS GOLD$1546 SILVER$43.81 EXP SILVER OPEN LOWER ARD 8 TO 9%/CRUDE$112.86 EXP LOWER OPEN ARD 1%/BASE METALS TRADE LOWER COPPER DOWN OVER 1% OUR RUNNING CALL COPPER HIGH RISK SELL ARD 414.80 SL ABV 417.30 TGTS 412-410 GIVEN FRIDAY NIGHT ,BOOK AT TGTS AT OPEN//

GM MAY 2,7.20AM:BULLIONS CARSH AT OPEN!!! GOLD41547 DOWN ARD 415 MCX ARD 200RS/SILVER OPENS DOWN 11% AT $42.58 CMP $44.70 MCX AS OF NOW TO OPEN LOWER FREEZE AS PER CURRENT LEVELS/ CRUDE$113.13 DONW ARD 0.70%/BASE METALS OPEN WEAK COPPER DOWN ARD 1% AFTER CHINA RELEASES WEAK MANUFACTURING DATA/LME CLOSED TODAY//