GM : GOLD HIT NEW HIGH $1637 CLOSED AT $1627 LTP 23215 LAST NIGHT EVEN AS UNCERTAINTY ON US DEBT RESTRUCTURING PLANS LOOMS..DEADLINE IS AUG 2/SILVER TRADES ZIG ZAG AND VOLATILELTP 59111/CRUDE$95.70/COPPER HOLDS AT HIGHS AS CHILE MINES CONTINUES STRIKES AND FEARS OF SUPPLY DISRUPTIONS/NICKEL HOLDING AT HIGHS AUG CONTRACT RES 1112 SUPP 1088/

29/07 LME Inventory Update Copper -1800MT Lead -475MT Zinc -500MT Nickel -390MT Aluminum -8175MT

JULY 29 FRIDAY


TRADING LEVELS FOR MORNING SESSION


S1 RS 434 , S2 RS 432.20 , S3 RS 429


R1 RS 439 , R2 RS 442 , R3 RS 445.60


WAIT FOR CONFIRMATION .

GM US DEBT PLANS REMAIN UNCERTAIN ,NO CONCLUSION REACHED//GOLD$1617 LTP 23045 SUPP 22930 RES 23190,SILVER$39.80 LTP 58630 SUPP 58000 RES 58950 BULLIONS OPEN FLAT/CRUDE$97.11 OPENS FLAT LTP 4306 SUPP 4285 RES 4340/COPPER OPENS POSITIVE UP ARD 0.50% LTP 436 RES 438 SUPP 433 EXP OPEN ARD 437-438/NICKLE POSITIVE LTP 1083 SUPP 1070 RES 1090/ZINC SUPP 109.10 RES 110/ALU LEAD SIDEWAYS//WATCHOUT CONTRACT EXPIRIES THIS WEEKEND/

MCX AUG COPPER OUR T2 ALMOST ACH AT 437.90, CURRENT HIGH 437.65 TRADERS CAN BOOK FULL PROFITS, BUY GIVEN ABOVE 435...!!!

MCX AUG COPPER TRADERS HOLDING LONGS ABOVE 435 CAN BOOK PART PROFITS UPTO 436.15...!!!

Buy Copper Aug above 435 SL below 433.5 T1 436.8 T2 437.9

Unemployment Claims Act 398K Foe 413K Prev 422K data Positive to USD

Data Forecast Previous )===6:00pm USD Unemployment Claims 413K......... 418K =======7:30pm USD Pending Home Sales m/m -1.5%.............. 8.2% ========== 8:00pm USD Natural Gas Storage 38B ....................60B

28/07 LME INVENTORY UPDATE : COPPER -1450MT, LEAD +550MT, ZINC -175MT, NICKEL -66MT, ALUMINIUM +92425MT...!!!

JULY 28 THURSDAY


TRADING LEVELS FOR MORNING SESSION


S1 RS 431.80 , S2 RS 429 , S3 RS 426.50


R1 RS 436 , R2 RS 438.60 , R3 RS 440


WAIT FOR CONFIRMATION

CRUDE$96.95 OPENS LOWER LTP 4342 SUPP 4330-4310 RES 4385/BASE METALS AS WE HV BEEN SAYING LAST FEW DAYS CHOPPY AND RANGE BOUND DUE ISSUES IN US.EXP REMAIN THIS WAS NEXT 2-3 DAYS COPPER LTP 434.60 SUPP 432 RES 436-436.50 ,NICKLE LTP 1073 RES 1080 SUPP 1058/ZINC ALU LEAD SIDEWAYS/KEEP BOOKING AS AND WHEN ADVISED BY US!!!

MCX AUG COPPER HIGH RISK TRADERS HOLDING LONGS CAN BOOK PART PROFITS UPTO 435.60, BUY GIVEN AT 2 LEVELS 434 AND AT 435.60 (2 LOTS)...!!!

27/07 LME Inventory Update Copper +700MT Lead -150MT Zinc +2350MT Nickel +510MT Aluminum -7625MT

MARKET ALERT ON JULY 27 WEDNESDAY 11.45 AM IST



Copper alert -


Facing strong Res around 436 - 436.5,


next move above these levels.


Low risk traders exit at cost,


High risk traders hold with SL given.

Buy Copper Aug above 435.6 and at 434 SL below 432.5 T1 437 T2 439. Medium Risk.

JULY 27 WEDNESDAY


TRADING LEVELS FOR MORNING SESSION


S1 RS 434.60 , S2 RS 432.40 , S3 RS 430.10


R1 RS 439 , R2 RS 441.50 , R3 RS 443.70


WAIT FOR CONFIRMATION .

CRUDE$99.20 TRADES FLAT RES 4465-70 SUPP 4375/COPPER OPENS MARGINALLY LOWER ARD 0.20% LTP 437.30 SUPP 434 RES 439.30/NICKEL LTP 1063 SUPP 1052 RES 1074-80//ALUM ZINC LEADM SIDEWAYS TO MILD POSITIVE./

CB Consumer ConfidenceA 59.5 F 57.1 P 58.5 New Home Sales A 312K F 321K P 319K Data Mixed to USD

MCX AUG COPPER TRADES POSITIVE ABOVE 437 WITH SUP AT 434 AND RES 439-440.50/ LEVELS FOR TRADERS...!!!

26/07 LME INVENTORY UPDATE COPPER -2100MT, LEAD +725MT, ZINC -225MT, NICKEL +780MT, ALUMINIUM -5600MT...!!!

JULY 26 TUESDAY


TRADING LEVELS FOR MORNING SESSION


S1 RS 431.30 , S2 RS 428 , S3 RS 426


R1 RS 435.60 , R2 RS 437 , R3 RS 439.80


WAIT FOR CONFIRMATION .

update at 8.25am ;CRUDE$99.40 TRADES POSITVE GOLD $1614 SILVER$40.36 OPENS MILD POSITVE COPPER UP ARD 0.50% EXP MCX ARD 435-435.50//US DOLLAR INDEX BELOW 74//WATCH OUT FOR CRUDE IF BREAKS ABV $100 FOR NEXT UPSID EIN PRECIOUS METALS//US RESTRUCTURING PLANS EXP APPROVAL ANYTIME THIS WEEK, BUY EURO DEBT CONTAGIONS EXP TO REMAIN//RECOMMEND KEEP BOOKING IN PRECIOUS METALS AS AND WHEN RECO FOR SAFE TRADES/

CRUDE$99.40 LTP 4420 EXP OPEN FLAT RES 4450 SUPP 4385../COPPER OPENS HIGHER ARD 0.40% LTP 433.60 MCX CMP ARD 435 RES 436.50 SUPP 430/NICKEL LTP 1058 SUPP 1052 RES 1068/ALUM ZINCM POSITIVE, LEAD SIDEWAYS.. HOLD BUYS ALUM AS PER CALL LAST EVENING LTP 114.90/ZINC SUPP 108 RES 109.50//

MCX AUG COPPER OUR T1 ACH AT 434, CURRENT HIGH 434.15 , BUY GIVEN AT 2 LEVELS 431- 432. (2 LOTS)...!!!

MCX AUG COPPER APP OUR T1 AT 434, CURRENT HIGH 433.35, BUY GIVEN AT 2 LEVELS 431- 432. (BUY GIVEN AT 2 LOTS)...!!!

MCX AUG COPPER HIGH RISK BUY CALL TRIGG AT 2 LEVELS AT 431-432 BOOK PART PROFITS UPTO 432.70...!!!

MCX COPPER AUG STILL TRADING SIDEWAYS RES NOW SEEN AT 433.70/ LOW RISK TRADERS STILL HOLDING BUYS EXIT AROUND COST AND WAIT FOR ABOVE 433.60 FOR FRESH ENTRIES/ ( LOW RISK TRADERS ALREADY BOOKED ONCE AT 432.90)...!!!

MCX COPPER AUG BOOK PART PROFITS AT 432.70-432.90//BUYS AT 432//

Buy Copper Aug abv 432 and at 431 SL below 429.7 T1 434 T2 436.

MCX AUG COPPER UPDATE AS ADVISED EARLIER STRONG SUP SEEN AT 430 IF NOT BREAKS COULD HAVE POSITIVE UPMOVE RES 433-435...!!!

LME DATA : ALUMINIUM -10325, COPPER -1125, LEAD +600, NICKEL +288, ZINC -1275...!!!

JULY 25 MONDAY


TRADING LEVELS FOR MORNING SESSION


S1 RS 431.05 , S2 RS 428.15 , S3 RS 424.75


R1 RS 435.25 , R2 RS 437.85 , R3 RS 440.75


WAIT FOR CONFIRMATION .

CRUDE TRADES LOWER $98.87 DOWN ARD $1 EXP LOWER OPEN MCX SUPP 4260 RES 4375..//COPPER OPENS LOWER ARD $0.40 MCX ARD 432.. TRADES HIGHLY RANGE BOUND PAST 3 DAYS 430-436./

GM JULY25,7.40AM: GOLD ZOOMS TO RECORD $1623 IN EARLY TRADES CMP$1612 HOLD LONGS AR PER FRIDAY NIGHT BUY GOLDM AT 23060-100 FOR TGTS 23230-360 CLOSED SATURDAY AT ENTRY LEVEL, EXP OPEN GAPUP//SILVER$40.32 HIGH 40.58 EARLY TRADES EXP OPEN HIGHER ARD 59850-60000++ RES $41 MCX RES 60500-700//US DEBT RESTRUCTURING TALKS GO ON AS UNCERTAINTY REMAINS DUE DEADLINE AUG 2 HOLDING UP BULLIONS//

22/07 LME Inventory Update Copper -1725MT Lead +50MT Zinc -2500MT Nickel -156MT Aluminum -7675MT

MCX COPPER AUG BOOK PART PROFITS UPTO 431.60//SELLS AT 432.50-433//

Sell Copper Aug between 432.5 - 433 SL above 434.9 T1 431 T2 430

JULY 22 FRIDAY


TRADING LEVELS FOR MORNING SESSION


S1 RS 429 , S2 RS 427.50 , S3 RS 424.60


R1 RS 434.50 , R2 RS 436.80 , R3 RS 439


WAIT FOR CONFIRMATION .

CRUDE $99.43 LTP 4445 RES 4476 SUPP 4275 EXP OPEN MILD POSITIVE//COPPER OPENS FLAT LTP 431.60 SUPP 430 RES 435 TRADING RANGE 430-435 UNABLE TO GIVE CALL TILL BREAKOUT EITHER SIDE/NICKEL LTP 1061 SUPP 1056 RES 1078//WAIT FOR FRESH ENTRIES//WEAK CHINA DATA YESTERDAY PEGGED DOWN COPPER YESTERDAY//

GM JULY22,8 AM:GOLD$1590 AT SUPPORTS 22900 NEXT SUPP 22760 RES 23030-23150/SILVER$39.25 LTP 58050 EXP OPEN MILD UP ARD 58250-300 SUPP 57500 RES 59000(AS INDICATED YESTERDAY WEAK BELOW 59000 TILL 58000-57500 LOWLAST NIGHT 57750) CORRECTION AFTER EURO WORKED OUT PACKAGE FOR GREECE//

CORRECTION : MFD DATA MILD POSITIVE FOR BASE METALS MCX AUG COPPER TRADING RANGE SUP 430 RES 435.50 EXP NOW TO TRADE MILD POSITIVE...!!!

Us Phil Fed Business Index : Actual 3..2, Forecast 2.0, Previous -7.7 (Positive for Dollar)...!!!

Unemployment Claims Act 418K Fore 409K Prev 405K Data Negetive to USD Positive to Bullion

( Data Forecast Previous )6:00pm USD Unemployment Claims 409K..... 405K ======6:00pm USD FOMC Member Evans Speaks =====7:30pm USD Fed Chairman Bernanke Testifies ======7:30pm USD Philly Fed Manufacturing Index 2.7 .....-7.7 =====7:30pm USD CB Leading Index m/m 0.2% .....0.8% =====7:30pm USD OFHEO HPI m/m 0.4% ........0.8% ========8:00pm USD Natural Gas Storage 67B ........84B.

JULY 21 THURSDAY


TRADING LEVELS FOR MORNING SESSION


S1 RS 436.10 , S2 RS 434.80 , S3 RS 433.10


R1 RS 439.50 , R2 RS 441.50 , R3 RS 443.60


WAIT FOR CONFIRMATION .

GOLD SUSTAINS ABV $1600 SILVER$40.13 TRADES HIGHER EXP OPENING RANGE 59400-59600 RES 60000 SUPP 58700//CRUDE$98.05/COPPER AGAIN TRADES FLAT AT SAME CLOSE LEVELS//

CRUDE$98.70 LTP 4372 OPENS MARGINALLY UP RES 4430-50 SUPP 4330../NAT GAS LTP 202 SUPP 197 RES 204.80//COPPER TRADES IN TIGHT RANGE 436-440 LTP 437.55 OPENS POSITIVE MCX ARD 438.50-439//US DOLLAR INDEX WEAKENS AT 74.66//

GM JULY21,7.10AM: BULLIONS HOLDING UP GOLD$1600 LTP 23109 TRADING AT RES 23120-13140 EXP TRADE OPEN POSITIVE/SILVER$40.05 LTP 59179 MCX CMP ARD 59300..BULLIONS TRADING ZIG ZAG,US CONGRESS EXP TO RESTRUCTURE DEBT PACKAGE WHICH IN EFFECT MEANS PRINTING MORE DOLLARS WHICH WILL WEAKEN USD FURTHER AND PUSH UP BULLIONS(THATS THE THEORY!!!)..NEED TO SEE ITS FINALITY!!!/ SILVER POSITIVE ABV 59500 TILL 60500 SUPP NOW 58700/GOLDM SUPP 23000 RES 23180-23230/

Us Existing home sales actual 4.77m forecast 4.9 prev 4.81...!!!

LME Data: Aluminum: -8875; Copper: +300; Lead: +1025; Nickel: +342; Zinc: -3825;

Buy Copper Aug 439.20-439.50 SL below 437 T1 441 T2 443. Intraday

GM JULY 20,7.50AM: GOLD$1589 HIGH YESTERDAY $1610 LTP 23047 SUPP 22950 RES 23130,SILVER$39.12 HIGH YESTERDAY 40.85 LTP 59255 EPX OPEN FLAT TO MILDLY DOWN SUPP 58750 RES 59600//BASE METALS OPEN FLAT COPPER LTP 440.55 SUPP 438 RES 443,NICKEL LTP1073 SUPP 1063 RES 1085/CRUDE OPENS HIGHER $98.30 EXP POSITIVE OPEN/

MCX ALUMINI T1 ACH AT 112.30/ TRADERS HAVING FILLS BOOK PART PROFITS//

HNI : MCX AUG COPPER TRADERS CAN BOOK FURTHER PROFITS UPTO 442.15, BUY GIVEN AROUND 439-440...!!!

MCX JULY ALUMINI POSITIVE ABOVE 111.25 SUP AT 109.80 AND COULD TEST 112.30-112.80./ LEVELS FOR TRADERS

MCX COPPER AUG LOW RISK TRADERS CAN BOOK PART PROFITS UPTO 441.40, BUYS GIVEN AT 440...!!!

TRADING CALL FOR JULY 19 TUESDAY 1.45 PM IST


Buy Copper Aug at 440 and at 437


SL below 434.50


T1 444


T2 447.


Positional

MARKET ALERT ON JULY 19 TUESDAY 1.15 PM IST


MCX Aug Copper now has Res around Rs 440 to 440.50


A sustained break above positive till Rs 442 / 44.80


Weekly support now seen at Rs 433.80


LEVELS FOR TRADERS .

MARKET ALERT ON JULY 19 TUESDAY 1.00 PM IST


MCX Aug Copper Target 2 Achieved at Rs 439.60 ,



Traders can book full profits .


Buy was at Rs 437 .

MARKET ALERT ON JULY 19 TUESDAY 12.50 PM IST



MCX Aug Copper Approaching Target 2 at Rs 439.60 ,


Traders can book further profits .


cmp Rs 439.


Buy was at Rs 437 .

MARKET ALERT ON JULY 19 TUESDAY 12.30 PM IST


MCX Aug Copper Target 1 Achieved at Rs 438.40 ,


buy was at Rs 437 ,


Traders can book further profits .

TRADING CALL FOR JULY 19 TUESDAY 11.50 AM IST



Momentum High Risk -


Buy Copper Aug at 437


SL below 435.5


T1 438.4


T2 439.60.

MARKET ALERT ON JULY 19 TUESDAY 10.45 AM IST


: Base Metals trading highly range bound and


no opportunity seen yet.


Copper next trend on a break and close of 430 or 438.


Nickel between 1060 - 1080.


Lead holding positive, more above 122.


Zinc looks positive above 107.


Aluminium trading between 110 - 111.


Traders advised to trade less in Base metals


unless clarity come...!!

THE US CONGRESS DEBT RESTRUCTURING ISSUES IMPACTING THE US DOLLAR AND SOVERIGN DEBT ISSUES IN GREECE IMPACTING THE EURO...THSES CONTRA ISSUES IN BOTH CURRENCIES ARE IMPACTING CURRENCY DIRECTIONS, AND HOLDING BULLIONS UP AS ALTERNATE ASSET CLASS.. REMEMBER WEAK EURO AND STRONGER US DOLLAR PUSHES DOWN COMMODITIES AND VICE VERSA../

UPDATE; GOLD HOLDS ABV 41600; SILVER$40.24 MCX ABV 60000 /COPPER TRADES HIGHER O.30% MCX ARD 436.25/CRUDE OPENS MILD POSITIVE//BASE METALS LACKING CLARITY COPPER RANGE 430-437.50 ONLY BREAK AND LOSE EITHER SIDE WLD DECIDE NEXT MOVE, SUGGEST TRADE LESS TILL SUCH TIME//

GM JULY 19,7.30AM; BULLIONS HOLDING UP GOLD$1602 LTP 23230 SUPP 22060 RES 22310-380 HOLD BUYS AS PER GOLDM BUY LAST EVENING AT 23210-230/SILVER$40.30 LTP 59873 MCX OPEN EXP ARD 60100 SUPP 59700-350 RES 60500 OVERALL POSITVE ABV 60400..//CRUDE$96.14 CONTRACT EXPIRY TODAY TRADE LESS/ NAT GAS HOLS LTP 202.50 SUPP 198 RES 206 OVERALL LOOKS POSITIVE POSITIONALLY//COPPER OPENS MILD POSITIVE LTP 435.30 MCX ARD 436 RES 437 SUPP 431-430 TRADE LESS AS STILL UNCLEAR

MCX AUG COPPER UPDATE : AGAIN NO CONFIRMATION OF FURTHER WEAKNESS UNLESS CLOSES BELOW 430 UPSIDE WEEKLY RES AT 437. LEVELS ONLY...!!!

MCX AUG COPPER UPDATE : LOW RISK TRADERS REDUCE LOTS AROUND 435 AND WAIT FOR BREAKOUT EITHER SIDE 433-436.50...!!!

MCX AUG COPPER UPDATE : TRADING HIGHLY RANGE BOUND RES 436-437 AND SUP 433-434 LOW RISK TRADERS ADVISED TO REDUCE LOTS AROUND 435 AND WAIT FOR BREAKOUT EITHER SIDE FOR FRESH ENTRIES OR EXIT BETWEEN 434.60-435.60...!!!

Base metals trading range bound. Copper traders reduce lots better. Looking for either breakout. Nickel mild weak. Lead and zinc mild positive. Avoid untill have clarity ..

18/07 LME Inventory Update Copper +925MT Lead -325MT Zinc -4050MT Nickel -840MT Aluminum -7950MT

TRADING CVALL FOR JULY 18 MONDAY 10.30 AM IST


Buy Copper Aug between 435.5 - 436 and at 434


SL below 433.2


T1 438


T2 440.

JULY 18 MONDAY


TRADING LEVELS FOR MORNING SESSION


S1 RS 432.60 , S2 RS 429.70 , S3 RS 426.30


R1 RS 436.80 , R2 RS 439.40 , R3 RS 442.30


WAIT FOR CONFIRMATION .

BASE METALS OPEN FLAT COPPER LTP 434.90 RES 437 SUPP 431.50/NICKEL LTP 1076 SUPP 1060 RES 1084-1091//ZINC MILD POSITIVE ABV 105 SUPP 103.70 RES 106.20-107(BUY CALL GIVEN FRIDAY NIGHT)..HOLD LONGS GOLDMINI AS PER POSITIONAL BUYS LAST THURSDAY//

GM JULY18,8AM; CRUDE$97.20 OPENS FLAT SUPP 4275 RES 4340-4350/NAT GAS OPENS MILD POSITIVE SUPP 198 RES 204-205.50//BULLIONS HIT NEW HIGHS IN EARLY TRADES GOLD CMP$1593 HIT HIGH $1598.50 EARLIER RES 23120-23150 SUPP 21920,SILVER CMP $39.60 HIT HIGH $39.85 EARLY TRADES EXP POSITIVE OPEN MCX ARD 58900-59100//

GM JULY 16,7.30AM WEEKLY CLOSE UPDATE: BULLIONS CLOSE NEAR WEEKLY HIGHS GOLD$1593(SUPP 22870 RES 23180) SILVER $39.30(RES $39.50-$40.50 MCX TERMS ARD 59000 STRONG RES LEVELS)../CRUDE$97.20 NAT GAS AT HIGH 201//COPPER 434.90 SUPP 431.50 RES 437/NICKEL 1077 SUPP 1065 RES 1093//ZINCM MILD POSITIVE LEAD SIDEWAYS//

MCX AUG COPPER TRADERS HOLDING LONGS ABOVE 435 CAN BOOK PART PROFITS UPTO 435.80-436...!!!

MCX AUG COPPER POSITIVE ABOVE 435 WITH SUP AT 431.80 AND COULD TEST 437-438.80/ LEVELS FOR TRADERS...!!!

Core CPI m/mA 0.3%F 0.2% P 0.3% CPI m/mA -0.2%F -0.1%P0.2% Empire State Manufacturing Index A -3.8 F 4.5 P -7.8 Data Negetive to USD

15/07 LME Inventory Update Copper +0MT Lead +1700MT Zinc -2625MT Nickel -450MT Aluminum +1525MT

MCX AUG COPPER OUR T2 ALMOST ACH AT 430.60, CURRENT LOW 430.80, SELL GIVEN BELOW 433.30. TGT EXT UPTO 429.20, HOLD WITH MINIMUM LOTS AND TRAIL SL AROUND COST...!!!

MARKET ALERT ON JULY 15 FRIDAY 12.45 PM IST


MCX Aug copper approaching Target 2 at Rs 430.60 ,


sell was given between Rs 433.30


Current Low Rs 431.10 .


Traders can book further profits .

MARKET ALERT ON JULY 15 FRIDAY 12.20 PM IST


MCX Aug copper Target 1 Achieved at Rs 431.80 ,


sell was below Rs 433.30 .


Traders can book further profits .

MARKET ALERT ON JULY 15 FRIDAY 12.05 PM IST


MCX Aug copper approaching Target 1 at Rs 431.80 ,



sell was below Rs 433.30 .



cmp Rs 431.95 .

MARKET ALERT ON JULY 15 FRIDAY 11.15 AM IST


MCX Aug Copper Low risk Traders Holding Sells below


Rs 433.,30 can book part profits up to


Rs 432.20 .


cmp Rs 432.40

Sell Copper Aug below 433.3 and at 434.5 SL above 435.6 T1 431.8 T2 430.6. High Risk.

MKT UPDATE; GOLD$1583 FLAT TO MARGINALLY DOWN SUPP 22850-22760 RES 23100/SILVER$38.35 TRADES FLAT RES 58500 SUPP 57500//CRUDE$96.22 MARGINALLY POSITIVE, NAT GAS TRADES MILD POSITIVE/BASE METALS TRADE FLAT COPPER RES 535.50 SUPP 429/NICKEL RES 1084 SUPP 1060//ZINC LEAD ALU SIDEWAYS//MEMBERS ADVSIED TRADE LESS TODAY AND PROTECT PROFITS MADE OVER PAST WEEK/PAST 1 WEEK 20 CALLS 1 SL HIT//

GM JULY15,8AM;FACTORS WEIGHING ON COMMODITIES MKTS AS OF NOW:1.FED STATEMENTS ON POSSIBILITY OF Q3 IN DUE COURSE IF ECONOMY SHOWS FURTHER STAGNATION,CONTRADICTORY STTS COMING FORM FED OVER LAST 2DAYS PULLS BACK EARLIER RISES ON WEDNESDAY 2.POSSIBILTY OF DOWNGRADES OF US ECONOMY BY MOODYS IF DEBT RESTRUCTURING NOT APPROVED BY CONGRES IN NEXT 2 MONTHS;IF NOT DONE US DOLLAR CLD GO DOWN FURTHER AND 3. EURO SOVERIGN DEBT ISSUES CONTINUE..

MCX Aug Copper app T1 at 431.6, cmp 431.8, Sell given below 433 Reset

MCX AUG COPPER OUR T1 ACH AT 431.60 AND OUR T2 ALMOST ACH AT 430.20, CURRENT LOW 430.70 TRADERS CAN BOOK FURTHER PROFITS, SELL GIVEN BELOW 433

MCX AUG COPPER TRADERS HOLDING SELLS BELOW 433
CAN BOOK PART PROFITS UPTO 432...!!!

Momentum Call - Sell Copper Aug below 433 SL above 434.8 T1 431.6 T2 430.2. Medium Risk.

Core Retail Sales m/m: 0.0% VS 0.3%
PPI m/m: -0.4% VS 1.5%
Retail Sales m/m: 0.1% VS -0.2%
Unemployment Claims:405K VS 418K
Core PPI m/m: 0.3% VS 0.2%. DATA IS MIXED FOR METALS. MKT WILL BE VOLATILE

LME BASE METALS INVENTORY : COPPER +50, ALUMINIUM -7900, NICKEL -210, LEAD - 1200, ZINC -250...!!!

GM JULY 14:MUMBAI BLASTS LAST EVENING CLD IMPACT INR THIS MORNING AND HENCE MCX MKTS ,WAIT FOR OPEN//GOLD$1587 TRADES POSITIVE HITS HIGH 1590,MCX EXP POSITIVE OPEN ARTD 22960-980 SUPP 22870 RES 23030/SILVER$38.31 OPENS POSITIVE MCX ARD 57000-57100 RES 57500 SUPP 56200/CRUDE $98.02 WEEKLY SUPP 4280 RES 4440-4480 EXP FLAT OPEN/COPPER LTP 433 SUPP 429 RES 436-438 OPENS FLAT EARLY TRADES/NICKEL LTP 1069 SUPP 1052 RES 1078-1084//

mcx copper aug now res at 436.10 a break abv cld more positive with supp at 434 and res 437.80//levelsonly//

MCX AUG COPPER UPDATE : MARGINALLY WEAK IF SUSTAINS BELOW 434 WITH SUP AT 431 AND RES 435.50-437.50. LEVELS ONLY...!!!

US Economic Data : Import Prices m/m Actual -0.5%, Forecast-0.7%, Previous 0.2%

13/07 LME Inventory Update Copper +350MT Lead -1300MT Zinc +300MT Nickel -252MT Aluminum -6725MT

TRADING CALL FOR JULY 13 WEDNESDAY 11.45 AM IST


Buy Copper Aug between 437.2 - 437.5 and


at 435.2


SL below 434


T1 439.5


T2 441.6

GOOD MORNING : JULY 13 TH WEDNESDAY .


All Base metals went down sharply on concerns of


European debt crisis ,


But rallied later in the evening session.


All base metals trading flat at the moment .


Copper LTP Rs 434.25 ,


Lead 121.75 ,


Nickel 1053 ,



Alu 110.65 ,


Zinc 104.50 .

Trade Balance Act -50.2B Fore -44.1B prev -43.7B data negetive to USd and positive to bullion prices

12/07 LME Inventory Update Copper +0MT Lead +1925MT Zinc -900MT Nickel -120MT Aluminum -6500MT

Mcx Aug Copper our t2 almost ach at 427.20, Sell given at 430.60-431. Current low 427.50...!!!

MARKET ALERT ON JULY 12 TUESDAY 12.40 PM IST


MCX Aug Copper cmp Rs 429..80 ,


Sell was given below Rs 431 ,


Current Low Rs 429.60 ,


Traders can book profits

MARKET ALERT ON JULY 12 TUESDAY 11.55 AM IST


MCX Aug Copper Low risk Traders holding sells


between Rs 430.60 to 431 can book part

profits at 429.80 .

TRADING CALL FOR JULY 12 TUESDAY 10.15 AM IST


Sell Copper Aug between 430.6 - 431


and at 432


SL above 433.3


T1 428.6


T2 427.2.


Medium Risk

JULY 12 TUESDAY


TRADING LEVELS FOR MORNING SESSION


S1 RS 428.10 , S2 RS 425.60 , S3 RS 423.40


R1 RS 433.10 , R2 RS 435.50 , R3 RS 438.90


WAIT FOR CONFIRMATION .

JULY 12 TUESDAY 7.30 AM IST


Good Morning : :


All commodities except Gold went down sharply yesterday on


fears that Greece might default in payment .


Gold Ended Higher on safe haven buying ..


Italy is rumoured to be the next casualty


in the European Debt Crisis .


This Pulled down all Base metals ,


Gold and silver Trading marginally higher at $ 1552.50


and $ 35.75 , Ltp in Mcx 22472 and 53699 .


Copper LTP Rs 430.10 ,


Lead LTP Rs 118.85 ,


Nickel LTP Rs 1039.20 ,


Aluminium LTP Rs 109.90


and Zinc LTP Rs 102.85 .

TRADING IDEA : MCX AUG COPPER APP OUR T2 AT 430.20, CURRENT LOW 429.30 , SELL GIVEN BELOW 432...!!!

TRADING IDEA : MCX AUG COPPER OUR T1 ACH AT
430.20, SELL GIVEN BELOW 432...!!!

TRADING IDEA : MCX AUG COPPER APP OUR T1 AT 430.20, CURRENT LOW 430.70 TRADERS CAN BOOK FURTHER PROFITS, SELL GIVEN BELOW 432...!!!

11/07 LME Inventory Update Copper -225MT Lead -1575MT Zinc +15100MT Nickel -144MT Aluminum -8900MT

MARKET ALERT ON JULY 11 MONDAY 12. 20 PM IST


Trading Idea -


Sell Copper Aug below 432



SL above 433.8


T1 430.2


T2 428.5.

JULY 11 MONDAY


TRADING LEVELS FOR MORNING SESSION


S1 RS 431.05 , S2 RS 428.15 , S3 RS 424.75


R1 RS 435.25 , R2 RS 437.85 , R3 RS 440.75


WAIT FOR CONFIRMATION .

GM JULY10 7.45AM: ALERT: FRESH EARTHQUAKE HITS JAPAN, TSUNAMI ALERT SOUNDED/IMPACT NOT CLEAR TILL NOW//

Us Non Farm Payroll Actual 18k Forecast 97k Previous 54k (Slightly negative for base metals positive for gold)...!!!

MCX Aug Copper App T1 at 438.6, high 437.8, book further profits.

MCX COPPER AUG LOW RISK TRADERS BOOK PART PROFITS UPTO 437.20//CMP 437.15

Buy Copper Aug above 436.2 and at 434 SL below 432.2 T1 438.6 T2 441.

JULY 8 FRIDAY


TRADING LEVELS FOR MORNING SESSION


S1 RS 433 , S2 RS 430.50 , S3 RS 427.80


R1 RS 438.50 , R2 RS 440 , R3 RS 444


WAIT FOR CONFIRMATION .

METALS UPDATE: COPPER LTP 435.90 OPENS MILD LOWER MCX ARD 435 RES 437-438 SUPP 433 OVERALL WEEKLY POSITIVE AS WE RECO LAST NIGHT/NICKEL LTP 1063 STRONG RES 1074 SUPP 1048/ZINCM ALUM LEADM POSITIVE//NON FARM PAYROLLS DATA THIS EVENING DECIDES NEXT WEEKLT TREND./

GM JULY8,7.55AM; CRUDE$98.74 LTP 4359 OPEN OPEN MILD POSITIVE SUPP 4340 RES 4410-4425-4445 MORE POSITIVE ABV 4400/NAT GAS OPENS MARGINALLY UP//GOLD$1532 TRADES MARGINALLY UP SUPP 22050 RES 22260/SILVER$36.5 OPENS MILD POSITIVE LTP 54664 SUPP 54000 RES 54800-55000-55200 STRONG RES $37 CLOSE ABV MORE PSOITIVE//WATCH OUT FOR INR FACTOR//

MCX AUG COPPER UPDATE : LOOKS POSITIVE ON WEEKLY BASIS WITH SUP AT 427.50 AND COULD TEST RES 435-436.50-438 LEVELS/

MCX AUG COPPER OUR T4 ACH AT 434, BUY GIVEN AT 427.80-428.20 TRADERS CAN BOOK FULL PROFITS...!!!

MCX AUG COPPER OUR T3 ACH AT 433, OUR T4 ALMSOT ACH AT 434.20, CURRENT HIGH 433.75, BUY GIVEN AT 427.80-428.20...!!!

MCX AUG COPPER APP OUR T2 AT 433, CURRENT HIGH 432.20, BUY GIVEN AT 427.80-428.20, TGT EXT UPTO 434.20 AND TRAIL SL AROUND COST...!!!

MCX AUG COPPER OUR T2 ALMOST ACH AT 431.50, CURRENT HIGH 431.25, BUY GIVEN AT 427.80-428.20...!!!

MCX AUG COPPER APP OUR T2 431.50,, CURRENT HIGH 430.90 BOOK FURTHER PROFITS OR HOLD FOR T3 AT 433/BUYS GIVEN AROUND 428...!!!

UPDATE: Euro Central Bank Raised interest rate to 1.50% as we expected (Fore:1.50%, Prev:1.25)

BANK OF ENGLAND LEAVES INTEREST RATES UNCHANGED/ AWAIT ECB DECISION AROUND 6PM...!!!

MARKET ALERT ON JULY 7 THURSDAY 2.25 PM IST



MCX Aug Copper Reset Buy trigerred at Rs 428 ,


now at Days High Rs 430.20 ,


Book further profits //


strong Res will be seen at Rs430.50 to 431 .


Our Target 2 at Rs 431.50 .

MCX Aug Copper book part profits upto 428.9, buy trig at 428. Reset.

MARKET ALERT ON JULY 7 THURSDAY 11.00 AM IST


MCX Aug Copper Target 1 Achieved at RS 429.60 ,


Buy was given between Rs 427.80 to 428.20 ,


Book further profits .


Low risk Traders Trail sl to cost .

TRADING CALL FOR JULY 7 THURSDAY 10.30 AM IST


Buy Copper Aug between 427.8 - 428.2


SL below 426


T1 429.6


T2 431.5.


Medium Risk

JULY 7 THURSDAY


TRADING LEVELS FOR MORNING SESSION


S1 RS 1034 , S2 RS 1025 , S3 RS 1014


R1 RS 1051 , R2 RS 1063 , R3 RS 1074


WAIT FOR CONFIRMATION .

GM JULY 7,8.15AM:GOLD$1529 HOLDING AT HIGHS RES 22280 SUPP 21950 TRADES FLAT/SILVER$36.06 OPENS MARGINALLY POSITIVE LTP 54085 RES 54500 SUPP 53400 LSI RES$37/CRUDE OPENS HIGHER $97.35 LTP 4300 RES 4340-4350 SUPP 4250 EXP OPEN MCX HIGHER ARD RS 25/BASE METALS TRADE FLAT, UNABLE TO BREAK ABV RES AFTER CHINESE INTEREST RATE HIKE SOBERED SENTIMENT/COPPER LTP 426.70 RES 428.50 SUPP 423.50//NICKEL SUPP 1034 RES 1052/ALUM ZINCM MILD POSITIVE WEEKLY/LEAD SIDEWAYS

ISM Non-Manufacturing PMI Act 53.3 For 53.9 prev 54.6 data negetive to USD and basemetals

MCX AUG COPPER TRADING ABOVE RES 426.50 AS SUP AT 423.50 AND RES 428.40-430/ LEVELS ONLY...!!!

MCX AUG COPPER NEXT UPSIDE MOVE ON BREAK ABOVE 426.50...!!!

CHINA RAISES INTEREST RATES RATES BY QUATER POINT. IT IS SLIGHTLY NEGATIVE FOR BASE METLAS AND PRECIOUS METALS...!!!

MCX AUG COPPER OUR T2 AT 424, CURRENT LOW 424.60 TRADERS CAN BOOK PROFITS, SELL GIVEN AT 427...!!!

MCX AUG COPPER TRADERS CAN BOOK PART PROFITS UPTO 425.60, OUR T1 ACH AT 425.60. SELL GIVEN BELOW 427. (RESET)...!!!

MARKET ALERT ON JULY 6 WEDNESDAY 2.10 pm ist


MCX Aug Copper Low risk / Multiple lot holders


safer to exit at Rs 426.85 as no momentum seen .

Sell Copper Aug below 427 SL above 428.4 T1 425.6 T2 424 TRADE LESS//

MARKET ALERT ON JULY 6 WEDNESDAY 11.20 AM IST


Copper looks mild positive above 427


till 429 - 431 with


sup seen at 425.5

JULY 6 WEDNESDAY


TRADING LEVELS FOR MORNING SESSION


S1 RS 425.80 , S2 RS 423 , S3 RS 420


R1 RS 431 , R2 RS 433.60 , R3 RS 437


WAIT FOR CONFIRMATION .

GM JULY 6,8AM: CRUDE$97.15 TRADES POSITVE RES 4745-4765 SUPP 4285/GOLD$1513 MCX RES 22000-22030 SUPP 21780/SILVER$35.35 LTP 53222 WEEKLY RES $36.90 TRADES FLAT THIS MORNING/COPPER LTP 428 CLOSED POSITIVE AFTER POSITIVE US DATAS AND SUPPLY CONCERNS IN CHILE DUE INCLEMENT WEATHER ,OPENS LOWER ARD 0.40% MCX ARD 426.50 RES 429-432 SUPP 424/NICKEL SUPP 1034 RES 1048-1052//ZINCM WEEKLY POSITIVE SUPP 104.90 RES 107.50-108 CAN HOLD BUYS//

MCX COPPER AUGUST MILD POSITVE ABV 424.40 WITH SUPPORT AT 422.30 AND CLD TEST 425.80-426.70//LEVELS ONLY//

TRADERS BEST ADVISED WAIT FOR US MTS FOR FRESH ENTRIES; CRUDE RES 4260 MORE POSITVE ABV 4260 SUPP 4220/SILVER RES 52000-52200 SUPP 51500-51300//NICKEL RES 1048 SUPP 1030//COPPER RES 426.40 SUPP 421.80//

NO CLEAR DIRECTION SEEN IN BASE METALS,TREND SEEMS WILL COME AFTER US MKTS OPEN AFTER LONG WEEKEND//NICKEL : LOW RISK,MULTPLE LOT HOLDERS SAFER REDUCE HOLDING LOTS ARD 1036-1038--HIGH RISK HOLD WITH GIVEN SL//COPPER FURTHER WEAKNESS WILL COME ON SUSTAINED BREAK BELOW 421.80 TO TEST 419 AND RES NOW AT 426.40;BREAK EITHER SIDE WILL DEICDE NEXT MOVE//

MARKET ALERT ON JULY 5 TUESDAY 12.05 PM IST


Copper trading range bound and weak if it


sustains below Rs 426.50


It coyuld test 420 to 418 levels.

wait for entry .

JULY 5 TUESDAY


TRADING LEVELS FOR MORNING SESSION


S1 RS 422.80 , S2 RS 419.10 , S3 RS 417


R1 RS 427.40 , R2 RS 430 , R3 RS 433


WAIT FOR CONFIRMATION .

UPDATE AT 9.30AM; EXP BASE METALS OPEN MARGINALLY LOWER COPPER WEAK BELOW 423 SUPP 421.50-419.50 RES 425.50/NICKEL RES 1038 SUPP 1024-1018//CRUDE POSITVE ABV 4300 ONLY.//

GM JULY 5:GOLD$1497 TRADES FLAT,SILVER$34.21 MILD UP IN EARLY TRADES MCX RES 51850 SUPP 51000/CRUDE$94.74 MARGINALLY DOWN LTP 4225 RES 4258 SUPP 4200-4190//BASE METALS OPEN FLAT TO MILD LOWER COPPER SUPP 423 -420.50 RES 426.50-428,WAIT FRESH ENTRY//DOLLAR INDEX AT 74.50 WAIT FOR TREND TO EMERGE IF DOLLAR INDEX GETS STRONGER COMMODITIES COME DOWN AND VICE VERSA!!!

REMINDER : US MKTS CLOSED TODAY, SO VOLUMES EXP TO BE THIS/TRADE LESS//

TRADING CALL FOR JULY 4 MONDAY 12.15 PM IST


Buy Copper Aug abv 426.2


SL below 424.5


Tgt 428 - 429.5.

JULY 4 MONDAY


TRADING LEVELS FOR MORNING SESSION


S1 RS 423.50 , S2 RS 420.60 , S3 RS 417.20


R1 RS 427.70 , R2 RS 430.30 , R3 RS 433.20


WAIT FOR CONFIRMATION .

GM JULY4:8AM: GOLD$1490 SILVER$33.90 TRADES FLAT TO MARGINALLY UP//CRUDE$95.13 MARGINALLY UP//COPPER TRADES MARGINALLY POSITIVE LTP 425.90 RES 427-428 SUPP 421//POSITIVE US DATAS AND RESOLUTION OF GREECE CRISIS,STRENTHENING OF EURO ,WEAKENING OF US DOLLAR PUSHED UP BASE METALS FRIDAY //WEEKLY OUTLOOK GOLD WEAK IF SUSTAINS BELOW $1485 MCX 21600,SILVER TRADES WEAK SUPP $33.25-32.25 MCX WEAK BELOW 50500//BASE METALS LOOK POSITVE//

JULY 4: US MARKETS CLOSED TODAY ON ACCOUNT OF INDEPENDANCE DAY/

MCX AUG COPPER OUR T2 ACH AT 424.40, BUY GIVEN ABOVE 420.20. CURRENT HIGH 424.90 TRADERS CAN BOOK FULL PROFITS...!!!

MCX AUG COPPER APP OUR T2 AT 424.40, CURRENT HIGH 423.90, BUY GIVEN ABOVE 420.20...!!!

LME : COPPER -1800, ALUMINIUM 12050, NICKEL -312, LEAD -1700, ZINC -2725...!!!

MCX Aug Copper multiple lots holders book further profits upto 423.30, (before LME ) or trail sl to cost, low risk traders. Buy given at 420.2

MARKET ALERT ON JLY 1 FRIDAY 11.50 AM IST


MCX Aug Copper Target 1 Achieved at Rs 422.30 ,


Buy was given above Rs 420.20 ,


Traders can book further profits .

MARKET ALERT ON JULY 1 FRIDAY 11.20 AM IST


MCX Aug Copper Approaching Target 1 at Rs 422.30 ,


Buy was given above Rs 420.20 ,


Traders can book further profits ,


CMP Rs 421.70 .

MARKET ALERT ON JULY 1 FRIDAY 11.10 AM IST


MCX Aug Copper Low risk Traders Holding Buys above


Rs 420.20 can book part profits at


cmp Rs 421.20 .

TRADING CALL FOR JULY 1 FRIDAY 10.15 AM IST


Buy Copper Aug above 420.2


SL below 418.5


T1 422.3


T2 424.4.

JULY 1 FRIDAY


TRADING LEVELS FOR MORNING SESSION


S1 RS 419 ,S2 RS 416.50 , S3 RS 413


R1 RS 423.50 , R2 RS 426.40 , R3 RS 429.80


WAIT FOR CONFIRMATION .

Chinese manufacturing index fell to the lowest level since February 2009, signaling that the world’s second-biggest economy is cooling as export demand weakens and the government reins in credit to control inflation.
The Purchasing Managers’ Index was at 50.9 in June from 52 in May, the China Federation of Logistics and Purchasing said in an e-mailed statement today.

CRUDE$94.79 LTP 4243---WEEKLY STRONG RES AT 4300, EXP OPEN WEAK ,IMM SUPP AT 4205 IF SUSTAINS BELOW 4185-4165 SUPPORTS/COPPER OPENS LOWER ARD 0.50% MCX DOWN ARD RS2,RES 425-427 SUPP 420-418//