UPDATE AT 2PM; GOLD $1829 HIGH $1837 LOW$1824//SILVER$41.35 HIGH$41.48 LOW $41.16//CRUDE $88.84//COPPER TRADES HIGHER ARD 0.70% MCX NOV ARD 426.50

CRUDE OIL $88.41 LTP 4085 RES 4100 SUPP 4015 INVENTORIES EXP THIS EVENING EXP UP0.9MB(PREVIOUS -2.2MB)/BASE METALS CAME OFF HIGHS LAST NIGHT AFTER BAD DATAS FROM US COPPER TRADES FLAT LTP 423.80 SUPP 423-420 RES 427/NICKEL LTP 1011 SUPP 1001 RES 1018-1025/LEADM ALUM HOLDING AT HIGHS RES 118-111.80/ZINCM MORE POSITIVE BV 105.50 SUPP103.80 RES 106-107//

GM AUG 30,8.10AM: GOLD$1795 SILVER$40.70 LTP 61180 RES 62100 CLD TEST SUPP 61000-60750-60500/CRUDE$87.55 LTP 4021 POSITIVE ABV 4035 SUPP 4010 RES 4055/BASE METALS TRADE HIGHER COPPER UP ARD 0.70% MCX UP ARD 3RS/CONTRACT EXPIRIES TODAY//

GM AUG29,7.30AM;BULLIONS OPEN LOWER GOLD$1811(LAST CLOSE $1827) SILVER$41.10( LAST CLOSE $41.65)/COPPER OPENS LOWER ARD 0.50% MCX ARD 414.50-415 SUPP 413 RES 418//CRUDE$85.15 TRADES FLAT AFTER HURRICANE IRENE POUNDS NEW YORK CITY IMPACT NOT KNOWN YET.//PLS NOTE LME HOLIDAY TODAY..NOT MUCH MOVEMENT CLD BE SEEN MORNING SESSION//

GM AUG 27;BULLIONS CLOSE SHARPLY HIGHER GOLD $1827 SILVER$41.66 EXP MCX HIGHER SETTLEMENT MORNING/COPPER LTP 416.35 SUPP 413.50 RES 418..NICKEL LTP 995 RES 1000 SUPP 984,ZINC ALU LEAD ALL CLOSE POSITIVE ALUM MORE BULLISH CLOSE ABV 108.60 AND ZINCM ABV 104../CRUDE FLAT//

mcx copper aug book full profits at 418.80 buys at 412.50/

MCX COPPER AUG T2 ACH AT 416.30 CMP 416.20 BUYS AT 412.50 HIGH RISK HOLD FOR T3 AT 417.50//TRAIL SL ARD COST//OTHERS BOOK FULL/

MARKET ALERT ON AUG 26 FRIDAY 2.10 PM IST


MCX Aug Copper Approaching Target 2 at Rs 416.30 ,


cmp Rs 415.80 ,


Buys at Rs 412.50 ,


Book further ,


Low risk Trail sl to cost //

MARKET ALERT ON AUG 26 FRIDAY 2.00 PM IST


MCX Aug Copper current High Rs 415.50 ,


Buy was given above Rs 412.50 ,


Our Tgt 2 at Rs 416.30 .


Book further profits .

MCX Aug Copper T1 achieved at 414.5, Buy given above 412.5, hold for T2 given..avoid 2nd level buying...

MARKET ALERT ON AUG 26 FRIDAY 11.55 AM IST


MCX Aug copper approaching Target 1 at Rs 414.50


Buy was given above Rs 412.50


Book profits

Buy Copper Aug above 412.5 and at 410.5 SL b elow 409.5 T1 414.5 T2 416.3. Medium Risk.

UPDATE AT 8.35AM; GOLD$1770 AT YESTERDAYS CLOSE HIGHS/SILVER$40.75/CRUDE FLAT/COPPER DOWN ARD 0.50% MCX ARD 414 IMM SUPP 413//

GM AUG 26,7.45AM;FED ANNOUNCEMENTS EXP TONITE AFTER MKT CLOSE AT MEET WHERE ALL WORLD BANKERS MEET.. TRADE LESSS TODAY AND DONT CARRY POSITIONS/GOLD$1763 SILVER$40.70 RECOVERS FORM LOWS AFTER POOR EMPLOYMENT DATAS LAST NIGHT LTP 61900 WAIT FOR FRESH ENTRIES/COPPER CLOSES ARD HIGHS LTP 415.85 RES 417 SUPP 412.50 NICKEL LTP 968 SUPP 854 RES 980 ZINCM CLOSES ARD HIGHS 101.75 RES 103 SUPP 99.80 LEADM POSITIVE ALUM HOLDING//

TRADING CALL FOR AUG 25 THURSDAY 11.15 AM IST



MCX Aug Copper Trades positve above Rs 408.80 ,


with support at Rs 406.80 and cld Test Rs 410 / 411 /


LEVELS FOR HIGH RISK TRADERS ,

AUG 25 THURSDAY


TRADING LEVELS FOR MORNING SESSION


S1 RS 403.50 , S2 RS 400.50 , S3 RS 397


R1 RS 409 , R2 RS 412 , R3 RS 415


WAIT FOR CONFIRMATION .

MARKET ALERT ON AUG 24 WEDNESDAY 9.25 PM IST


MCX Copper Aug has imme support at Rs 406 ,

a break below cld test 404.50 with


Res above Rs 408.70 .


LEVELS ONLY .

CALL GIEVN TO MEMBERS AT 5.30 PM



Buy Copper at Rs 406 to 406.50


Stop loss Rs 404


Target 408.50 / 410


Call booked at Rs 409.20 .

Buy Copper Aug between 406 - 406.5 SL below 404 Tgt 408.5 - 410. High Risk.

Buy Copper Aug between 406 - 406.5 SL below 404 Tgt 408.5 - 410. High Risk.

LME COPPER DN 1250/NICKEL UP 660/ZINC DOWN 3025/LEAD DOWN 725/ALU DOWN 7300/

AUG 24 THURSDAY


TRADING LEVELS FOR MORNING SESSION


S1 RS 400.20 , S2 RS 396.80 , S3 RS 394.10


R1 RS 404 , R2 RS 406.50 , R3 RS 409.80



WAIT FOR CONFIRMATION .

BASE METALS OPEN FLAT.. COPPER LTP 402.50 RES 405.90 SUPP 400 WEAK BELOW THIS TILL 397/LTP 949 SUPP 940 RES 965.//MKTS EXP TO BE CHOPPY TILL FED SPEECH FRIDAY NIGHT AND ANY FORTHCOMING ANNOUNCE MENTS OF STIMULUS//CRUDE$85.50 LTP 3900 RES 3950 SUPP 3850 TRADES POSITIVE ON ISSUES OF LIBYAN CRISIS.

MARKET ALERT ON AUG 23 TUESDAY 8.30 PM IST\




:MCX Aug copper looks weak at cmp Rs 402.50 ,


cld test support at Rs 397


with Res seen above Rs 405.80 ,


These are levels only

Copper trading again in range bound zone between 400 - 405, either break out of 407 and close or below 399 could decide next move.

AUG 23 TUESDAY


TRADING LEVELS FOR MORNING SESSION


S1 RS 396.70 , S2 RS 393 , S3 RS 390.50


R1 RS 402 , R2 RS 405.60 , R3 RS 408


WAIT FOR CONFIRMATION .

UPDATE AT 8.15AM : GOLD AT $1899 EXP OPEN POSITIVE SILVER$43.48 COPPER FLAT AWAITS CHINESE PMI DATAS THIS MORNING AS ALSO EUROPE PMI DATAS/

GM AUG 23,7.10AM; MKTS VOLATILE GOLD SCALES NEW HIGH $1912 AND THEN COMES DOWN CMP $1895 LTP 28095 RES 28200/SILVER$43.50 HIGH $44.20 LTP 65583 SUPP 64700 RES 66000-66200-66400/CRUDE$84.12 LTP 3835 RES 3875 SUPP 3790/ COPPER TRADES FLAT LTP 399 RES 402 SUPP 396/ALL EYES ON FED ANNOUNCEMENTS THIS FRIDAY NIGHT ON ANY NEW MEASURES,MKTS EXP PROBABLY FRESH STIMILUS ANNOUNCEMENTS/GERMAN CONFIDENCE AND MFG DATAS TODAY CLD DECIDE NEXT MOVE OF EURO/

Copper if breaks and sustains below 400 could test 398 - 396 levels. Res seen at 403. Levels only.

MARKET ALERT ON AUG 22 MONDAY 1.30 PM IST


LME INVENTORY :

Copper + 2825 MT,

lEAD - 1600 MT ,


Zinc - 1850 MT ,


Nickel + 150 MT ,


Aluminium - 7475 MT .

AUG 22 MONDAY


TRADING LEVELS FOR MORNING SESSION


S1 RS 400.50 , S2 RS 397.60 , S3 RS 394.20


R1 RS 404.70 , R2 RS 407.30 , R3 RS 410.20


WAIT FOR CONFIRMATION .

GM AUG22: GOLD$1870 FRIDAY NIGHT CLOSE $1854 MCX MKTS SATURDAY HAS DISCOUNTED SOME INCREASES.. SILVER$43.36 HIGH 43.93 FRIDAY NIGHT CLOSE 42.85..WATCH OUT INR OPEN FOR MCX OPEN RATES/CRUDE ARD $83 TRADES MILD POSITIVE/COPPER OPENS HIGHER ARD 0.50% MCX ARD 404.50-405 SUPP STRONG 400 RES 407//

MCX Aug Copper T1 achieved, app T2 at 400.1.

MCX COPPER AUG APP T2 AT 400.10 CMP 400.60 SELLS AT 403/

MCX COPPER AUG LOW 401.60 OUR T1 IS 401.20/SELLS AT 403/BOOK FURTHER/

CALL GIVEN AT 10.10 AM SELL COPPER AT 403 AND 404 SL 405.50 TGT 401.20/400.10

Sell Alumini Aug between 106.5 - 106.7 SL above 107.7 T1 105.7 T2 105.1

AUG 19 FRIDAY


TRADING LEVELS FOR MORNING SESSION


S1 RS 399 , S2 RS 395.60 , S3 RS 393


R1 RS 404 , R2 RS 406.50 , R3 RS 409.80


WAIT FOR CONFIRMATION .

WEAK ECONOMIC DATS FROM US LAST EVENING DRAGGED DOWN BASE METALS; AS ALSO REPORTS OF MORGAN STANLEY DOWNGRADING US ECONOMY/COPPER FLAT LTP 401.80 RES 405.40 SUPP 399.80-398/NICKEL LTP 980 RES 995 SUPP 970-965//

MCX CRUDE OIL SEPT YESTERDAY NIGHT SELLS AT 3840-45 LEVELS FOR TGTS 3825-3810 TGTS ACH (GIVEN AS LEVELS)//CMP $80.99 EXP LOWER OPEN

GM AUG19,7.30AM; GOLD ZOOMS TO HIGH $1837 CMP 1835 EXP GAP UP OPEN ARD RS 150-200RS DEPENDS ON INR OPEN HOLD BUYS GOLDM YESTERDAY FOR TGT 27180-27250 SECOND BUY AT 26800//SILVER$40.65 LTP 61690 RES 61800-62000 SUPP 61000 EXP POSITIVE OPEN/

Copper trading range bound and came down after not sustaining above 405. now trading 401 - 403.

MCX COPPER AUG TRADES WEAK BELOW SUPPORT 402.50 WITH RES NOW ABV 404 AND CLD TEST SUPP 400.50-398//LEVELS ONLY//

MCX GOLDM SEPT AT HIGH 26605 BUYS AT 25470-250//BOOK FURTHER/

BUY COPPER AUG AT 405-405.50 AND AT 404 SL BELOW 402.50 TGT 406.60-409

AUG 18 THURSDAY


TRADING LEVELS FOR MORNING SESSION


S1 RS 402.10 , S2 RS 399 , S3 RS 397.60


R1 RS 407.80 , R2 RS 409 , R3 RS 411


WAIT FOR CONFIRMATION .

GM AUG18,8AM:BULLIONS HOLDING AT HIGHS GOLD$1790 LTP 26394 RES 26480 SUPP 26100 SILVER$40.22 LTP60468 RES 60850-61000 SUPP 59800/CRUDE$87.16/COPPER OPENS MARGINALLY DOWN ARD 0.20% LTP 404.35 RES 407-408 SUPP 400/US DOLLAR INDEX AT 73.90//

AUG 17 WEDNESDAY


TRADING LEVELS FOR MORNING SESSION


S1 RS 396.50 , S2 RS 393.10 , S3 RS 390.20


R1 RS 401.50 , R2 RS 404.50 , R3 RS 408


WAIT FOR CONFIRMATION .

UPDATE AT 8.30AM;GOLD$1785 SILVER$39.95/CRUDE $87/COPPER OPENS POSITIVE UP ARD 0.30%//

GM AUG17,7.30AM:BULLIONS HOLDING AT HIGHS GOLD$1785 GOLDM SUPP 26000 RES 26190-280/SILVER$39.85 RES 60200 SUPP 59300/CRUDE$86.78 RES 3980-4000 SUPP 3890-70/BASE METALS TRADE FLAT COPPER RES 404 SUPP 396

MCX Aug Copper T1 achieved at 397.8..!!

16/08 LME Inventory Update Copper +4675MT Lead 10925MT Zinc -1700MT Nickel +6MT Aluminum +21675MT

MCX Aug Copper app our T1 at 397.8, cmp 398.25, book further profits. Sell given below 398.5.

TRADING CALL FOR AUG 16 TUESDAY 12.40 PM IST


Sell Copper Aug below 399.5


SL above 402



T1 397.8


T2 396.2.


Medium Risk

MARKET ALERT ON AUG 16 TUESDAY 10.30 AM IST


MCX Aug Copper trading in a tight narrow range ,


Imme support at 400 ,


with Res at Rs 402 / 403 .80 ,


Levels for High risk Traders ,


cmp Rs 401 .

AUG 16 TUESDAY


TRADING LEVELS FOR MORNING SESSION


S1 RS 399.85 , S2 RS 396.95 , S3 RS 393.55


R1 RS 404.05 , R2 RS 406.65 , R3 RS 409.55



WAIT FOR CONFIRMATION .

CRUDE$87.50 TRADES HIGHER FROM FRIDAY NIGHTS CLOSE MCX EXP OPEN HIGHER RES 3940-3970 SUPP 3830/COPPER TRADES FLAT LTP 402.25 RES 404.50-406 SUPP 398/

AUG 15; TEAM AKSHAYA WISHES ALL MEMBERS A HAPPY INDEPENDANCE DAY/BULLION STRADING FLAT GOLD$1741 MCX ARD 25620/SILVER$39.06 TRADES FLAT MCX ARD 58700/CRUDE ARD $85 TRADES FLAT/NAT GAS DOWN ARD 1%/BASE METALS TRADING MARGINALLY DOWN COPPER DN ARD 0.20% MCX ARD 402,NICKEL ALU LEAD TRADES LOWER ARD 0.50%//

MARKET ALERT ON AUG 12 FRIDAY 1.30 PM IST


: 12/8 LME Inventory Update


Copper -1375MT


Lead -625MT


Zinc -2375MT


Nickel +90MT


Aluminum -8350MT

MCX COPPER EXIT TRADERS AS SL HITS. CMP 399.8.

AUG 12 FRIDAY


TRADING LEVELS FOR MORNING SESSION


S1 RS 398 , S2 RS 394.40 , S3 RS 391


R1 RS 405 , R2 RS 408.30 , R3 RS 411


WAIT FOR CONFIRMATION .

CRUD EOPENS LOWER $34.86 LTP 3794 SUPP 3760 RES 3830//BASE METALS OPEN HIGHER COPPER UP ARD 0.50% LTP401.30 EXP MCX OPEN ARD 403.50 RES 405 SUPP 396/NICKEL LTP 981 RES 985-988 SUPP 965/LEADM ZINCM OPEN HIGHER MCX POSITIVE LEADM RES 109 ZINCM RES 99-100-101/POSITIVE DATAS LAST NIGHT FROM US LIFTED BASE METALS AS ALSO DOW SHARPLY HIGHER/LONG WEEKEND IN MCX TRADE LESS AND DONT CARRYOVER POSITIONS TONITE/DATA TONITE VERY IMP NONFARM PAYROLLS/

MCX AugCopper low risk Traders holding sells below Rs 398 can book part profits at cmp Rs 396.70

MARKET ALERT ON AUG 11 THURSDAY 5.15 PM IST


MCX Copper Aug Looks weak below Rs 398


with Res above Rs 400.50 and cld test Rs 395 / 393 .


LEVELS FOR HIGH RISK TRADERS

MCX copper Aug trading mild positive with current sup at397 and could test res 402-403(levels only)

AUG 11 THURSDAY


TRADING LEVELS FOR MORNING SESSION


S1 RS 389 , S2 RS 385,40 , S3 RS 382.20


R1 RS 394.50 , R2 RS 397.80 , R3 RS 401


WAIT FOR CONFIRMATION .

update at 8.15am; gold high $1815 came low $1778 cmp $1785 highly volatile trades marginally lower from last night after hitting record high early morning/silver ard $39 supp 58500-300 res 59500/crude$82.67/copper holds at highs up ard 2.50$ mcx ard 400,highly volatile as was seen yesterday swing rs 17 intraday now upswing rs 10 from last night...trade less till clarity comes//

GM AUG11,7.55AM; DOW CRASHES LAST NIGHT DOWN OVER4%;GOLD HITS RECORD $1815 IN EARLY MORNING TRADES NOW SLIDES DOWN SHARPLY TO $1785/SILVER$39.02 EXP MCX ARD 59000 HIGHLY RANGE BOUND/CRUDE$82.70 LTP 3707 RES 3765 SUPP 3660//BASE METALS OPEN SHARPLY HIGHER COPPER UP OVER 2% LTP 391.50 MCX CMP ARD 398-400//

MARKET ALERT ON AUG 10 WEDNESDAY 7.40 PM IST


Wholesale Inventories m/m Act 0.6%


Fore 0.9% Prev 1.8%


Deta Negetive to USD and positive to Bullion

MCX COPPER AUG APP T1 AT 403.60 BUYS AT 401.60 CMP 403.20 BOOK FURTHER/

MCX COPPER AUG BOOK PART PROFITS AT 402.60 BUIYS AT 401.60/

Buy Copper Aug above 401.6 SL below 399.8 T1 403.6 T2 405

MARKET ALERT ON AUG 10 WEDNESDAY 4.05 PM IST


Base metals trading sideways,

testing supports and resistances.


Copper mild positive above 402 and weak below 399.


Nickel positive if breaks and hold above 995 only.


Gold looks positive.


Silver range bound.

LME Base Metals Inventory: Copper -675, Aluminum +185975, Nickel +294, Lead -650, Zinc -1425

MARKET ALERT ON AUG 10 WEDNESDAY 12.25 PM IST


MCX Aug Copper Target 1 Achieved at Rs 404 ,


Buy was between Rs 402 to 402.40 ,


Current High Rs 404.15 .

TRADING CALL FOR AUG 10 WEDNESDAY 11.4=50 AM IST


Buy Copper Aug between 402 - 402.4


SL below 400.5


T1 404

T2 406.


Medium Risk.

AUG 10 TUESDAY


TRADING LEVELS FOR MORNING SESSION


S1 RS 394 , S2 RS 390.50 , S3 RS 388


R1 RS 401 , R2 RS 404 , R3 RS 407


WAIT FOR CONFIRMATION .

COPPER OPENS HIGHER OVER 1% LTP 397.80 EXP MCX OPEN ARD 401-402 RES 404.50 SUPP 396/NICKEL LTP 966 RES 985-998 SUPP 958-951//ALUM POSITIVE ABV 109 RES 110-110.80 SUPP 107.50//US DOLLAR INDEX ARD 74/

GM AUG10.8AM: FED KEEPS INTEREST RATES UNCHANGED, PLEDGES TO KEEP LOW INTEREST RTAES(NEAR ZERO) FOR AT LEAST 2 MORE YEARS TILL MID 2013.. ACKNOWLEDGES SLOW RATE OF ECONOMIC GROWTH,INFLATION ISSUES AND UNEMPLYMENT PROBLEMS.. READY TO INRODUCE NEW MEASURES IN DUE COURSE//DOW RALLIES HIGHER SHARPLY4%/CRUDE$81.36 SHARPLY UP ARD2%LTTP 3663 RES 3730 SUPP 3630/GOLD$1754 EXP OPEN HIGHER ARD 150RSLTP 25730/SILVER$38.27 LTP57411 EXP POSITIVE OPEN ARD 58000/

Market Alert on Aug 8 Tuesday 7.30 PM

Federal Reseeve officials may strengthen their commitment

to record moneytary stimulas as soon as today after a faltering


economic recovery and a US Credit rating cut provoked a

rout in global stocks.


Meeting later tonight .

MARKET ALERT ON Tuesday 7.00 PM IST



MCX Aug Copper niw has suppirt at Rs 395.50 and


Rs 394


Res is seen abive Rs 398.


These Re Trading levels only .

LME Base Metals Inventory: Copper -600, Aluminum -9950, Nickel +6, Lead -175, Zinc -1150

Sell Copper Aug between 395.5 - 396 and at 397.5 SL above 399.5 T1 392 T2 389.5. High Risk.

AUG 10 TUESDAY


TRADING LEVELS FOR MORNING SESSION


S1 RS 393 , S2 RS 390.50 , S3 RS 388


R1 RS 398.80 , R2 RS 403 , R3 RS 407


WAIT FOR CONFIRMATION .

MARKET ALERT ON AUG 10 TUESDAY 9.20 AM IST




copper down around 1.45 % ,


MCX around Rs 390 to 391 . /


As base metals cld open lower ,


need to wait for fresh entries .

UPDATE AT 8AM: GOLD HIGH $1748 CMP $1745/CRUDE $76.40 DOWN ARD 5%/COPPER DOWN ARD 2%/SILVER FLAT $38.85/

ALERT GOLD HITS HIGH $1743//CRUDE DOWN 6% AT $76.38//

GM AUG 9,7AM; EQUITIES ACROSS BOARD CRASH/CRUDEOIL CRASHES TO $77.40 DOWN ARD 4% EARLY TRADES LTP 3779/GOLD HITS NEW HIGH $1731 HOLD LONGS GOLDM AS PER OUR BUY YESTERDAY AT 24800/SILVER FLAT AT $38.80 LTP 59190/COPPER OPENS SHARPLY LOWER OVER 2.5% LTP 396 EXP MCX ARD 388//FURTHER DROP IN NIFTY CLD WEAKEN INR FURTHER HOLDING UP BULLIONS//

BASE METALS TESTED SUPPORTS AND CLD MOVW SIDEWAYS FOR NOW//MCX ZINCM MILD POSITIVE ABV 98 WITH SUPP 96.50 AND CLD TEST 99-99.80... NICKEL POSITIVE ABV 1010 CLD TEST RES 1018-1020 SUPP 990//LOW RISK TRADERS REDUCE POSITIONS IN LEADM HOLD ONLY MINIMAL LOTS//

BASE METALS TESTED SUPPORTS AND CLD MOVW SIDEWAYS FOR NOW//MCX ZINCM MILD POSITIVE ABV 98 WITH SUPP 96.50 AND CLD TEST 99-99.80... NICKEL POSITIVE ABV 1010 CLD TEST RES 1018-1020 SUPP 990//LOW RISK TRADERS REDUCE POSITIONS IN LEADM HOLD ONLY MINIMAL LOTS//

MARKET ALERT ON AUG 8 MONDAY 2.25 PM IST


MCX Aug Copper Target 1 Achieved at Rs 404 ,


Sell was at Rs 406.40 and around Rs 408 ( 2 Lots )


Traders can book further profits .

LME Base Metals Inventory: Copper +175, Aluminum -6400, Nickel -78, Lead +850, Zinc -2475

MARKET ALERT ON AUG 7 MONDAY 11.55 AM IST


MCX Aug Coppe Low risk traders holding sells around


Rs 406 can book part profits at cmp Rs 404.75 .

TRADING CALL FOR AUG 8 MONDAY 11.45 AM IST


Sell Copper Aug between 406 - 406.4


and at 408.5


SL above 409.5


T1 404


T2 402 // .

AUG 8 MONDAY


TRADING LEVELS FOR MORNING SESSION


S1 RS 396 , S2 RS 394 , S3 RS 390


R1 RS 401 , R2 RS 403 , R3 RS 406


WAIT FOR CONFIRMATION .

UPDATE AT 9.10AM ; GOLD$1699 SILVER$40.20 CRUDE SLIDES DOWN $83.86 INR OPENS SHARPLY WEAKER ARD 20 PS AT 44.95 EXP TO PUSH BULLIONS HIGHER//

UPDATE AT 8AM:GOLD HITS $1695 SILVER$40.18 EXP POSITIVE GAP UP OPEN BULLIONS//CRUDE$84.60//BASE METALS SEEM TO BE HOLDING AFTER INITIAL DIPS CLD OPEN MARGINALLY UP//

CRUDE OIL OPENS $84.08 SHARPLY LOWER LTP 3843 SUPP 3730-3680 RES 3930//COPPER LTP 399.35 SUPP 394-389 RES 405//EXP LOWER OPEN CRUDE, BULLIONS TO TEST RES ,WATCH OUT FOR INR OPEN ALSO//DOLLAR INDEX DOWN AT 74.18,BREAK BELOW 74 CLD ARREST SLIDE IN COMMODITIES//G7 FINANCE MINISTERS MEET OVER WEEKEND PLEDGE TO STABILZE MKTS//

GM AUG 8.6.45AM; BULLIONS ZOOMS AT OPEN GOLD NEW HIGH $1692( LAST FRIDAY CLOSE $1663) GOLDM SEPT RES 24680-24800 SUPP 23900/SILVER$40.13(LAST FRIDAY CLOSE 38.24)MCX LTP 58379 RES 59000 SUPP 57800.. MCX RATES ON SATURDAYS TRADES CLD HAVE DISCOUNTED POSSIBLE INCREASES OF TODAY AS ALSO FACTORED IN INR MOVES..//

GM AUG 6:CLOSING FOR AUG 5 FRIDAY..CREDIT AGENCY S AND P DOWNGRADES US FROM AAA TO AA RATING/MKTS OSCILLATE WITH SHARP NEGATIVE BIAS GOLD $1663 HOLDS ABV 23900 LTP 24153/SILVER$38.24 LTP57105 CLOSES WEAK STRONG SUPP ZONE 56500 LEVELS/COPPER LTP409.40 WEAK ON CLOSE BELOW 410-411 SUPP 405/NICKEL LTP 1020 SUPP 1010-1005 RES 1035/HOLD SELLS ALUM AS PER CALL//

Base metals remains weak, Copper sup is at 410 Res seen at 413. Nickel remains weak, below 1030 strong res at 1040. Crude range bound between 3890 - 3830

MARKET ALERT ON AUG 5 FRIDAY 9.15 PM IST



Base metals remain weak.

Copper support seen at Rs 410 and Res is seen at Rs 413

Nickel remains weak below 1030

Strong Res at Rs 1040

Crude range bound between Rs 3890 to 3830.

Looks weak .

MARKET ALERT ON AUG 5 FRIDAY 12.05 PM


MCX Aug Copper Target 3 Achieved at Rs 411.50 ,


Sell was given below Rs 417 ,


Book full profits .


strong support seen at Rs 410 to 411 ,


a sustained break below cld test 408.50 / 406. 50


LEVELS ONLY .

,MARKET ALERT ON AUG 5 FRIDAY 11.55 AM IST


MCX Aug Copper Target 2 Achieved at Rs 412.50 ,


Sell was given below Rs 417 ,


Traders can book further profits .

MARKET ALERT ON AUG 5 FRIDAY 11.50 AM IST


MCX Aug Copper approaching Target 2 at Rs 412.50 ,


High risk tradesr can hold for Target 3 at Rs 411.50 ,


Trail sl around Rs 418 for minimum lots only .


cmp Rs 412.90 .

MCX COPPER AUG T1 ACH AT 414.50//SELLS BELOW 417//LOW RISK BOOK MAX/

MCX COPPER AUG APP T1 AT 414.50 CMP 414.85 SELLS BELOW 417/BOOK FURTHER PROFITS/

Sell Copper Aug below 417 and at 419 SL above 420.5 T1 414.5 T2 412.5

AUG 5 FRIDAY


TRADING LEVELS FOR MORNING SESSION


S1 RS 415.60 , S2 RS 412 , S3 RS 409


R1 RS 422 , R2 RS 425.10 , R3 RS 427.60


WAIT FOR CONFIRMATION .

UPDATE AT 8.30AM: CRUDE$86.20/GOLD$1651/SILVER$39.30/US DOLLAR INDEX 75.15/EXP CRUDEOPEN MARGINALLY LOWER LTP 3896 SUPP 3870-80/COPPER OPEN ARD 416-417/NICKEL DOWN ARD 1% ZINC DOWN ARD 1%/OPEN DEPENDS INR OPEN//

MKTS GOT INTO PANIC MODE LAST EVENING MORE THAN ANY NEW FUNDAMENTALS!!OF COURSE DATAS EXP TODAY MAY BE NEGATIVE WHICH MKTS ARE EXP/BULLIONS CAME DONW SHARPLY AS TECHNICALS INDICATED OVERBOUGHT ZONE /COPPER RES 424 SUPP 416-415 ,NICKEL RES 1076 SUPP 1045/LEAD RES 112.50 SUPP 110-109/ZINC RES 105.20 SUPP 103.50//

GM AUG5,7.30AM: GLOBAL MKTS SINK AS DOW CRASHES 500 POINTS FOR 9TH STRAIGHT DAY DOWN/MKTS SEEMS DISCOUNTING ALL NEGATIVES, KEY DATAS TONITE NONFARM PAYROLL AND CONSUMER CONFIDENCE EXP DATAS NEGATIVE/MKT TALK PUSHING FOR QE3 STIMULUSAS ONLY WAY OUT/CRUDE$85.63 MCX ARD 3950 WEKLY SUPP 3900-3880/GOLD$1649 HIGH YESTERDAY $1683/SILVER$39.3 HIGH YESTERDAY$42.25 LOW$38.43!!!EXP OPEN MCX ARD 58700-59000/COPPER OPENS DN EXP MCX ARD 416//

Unemployment Claims Act 400K Fore 404K Prev 401K Data positive to USD and negetive to Bullion

MCX AUG COPPER OUR T2 ACH AT 423, SELL GIVEN
BELOW 427 TRADERS CAN BOOK FULL PROFITS...!!!

MCX COPPER AUG AT LOW 424.30 SELLS AT 427 BOOK MAX PROFITS //OUR T2 IS 423//

MARKET ALERT ON AUG 4 THURSDAY 3.30 PM IST


MCX Aug Copper Target 1 Achieved at Rs 425 ,


cmp Rs 425,.10 ,


Sell given at Rs 427 ,


Book further profits .

Sell Copper Aug below 427 and at 428.5 SL above 429.6 T1 425 T2 423.

AUG 4 THURSDAY


TRADING LEVELS FOR MORNING SESSION


S1 RS 423 , S2 RS 420.10 , S3 RS 416


R1 RS 429 , R2 RS 433 , R3 RS 435


WAIT FOR CONFIRMATION ,

GM AUG 4,7.50AM; GOLD$1663 HIGH YESTERDAY $1673 OPENS FLAT TO MILD POSITIVE,SILVER$41.78 HIGH LAST NIGHT $42.02 LTP 61180 SUPP 61100-60900 RES 61850 EXP OPEN MILD POSITIVE/CRUDE $92.07 supp 4060 res 4150-4170/copper opens marginally up ard 0.30% ltp 425.90 res 427.50 supp 424/nickel ltp 1066 res 1077 supp 1055//mkt already talking abt possible qe3 stimulus package//

Base metals trading weak. Copper weak to retest 425 - 423 levles. Strong res 429 - 430. Nickel crashed, sup at 1060.Zinc and Lead remains weak

ADP Non-Farm Employment Change Act 114K Fore 101K Prev 157K Data Marginally positive to USD Negetive to Bullion

MCX AUG COPPER OUR T2 ACH AT 426, CURRENT LOW 425.50, GIVEN AS LEVELS WEAK BELOW 430 AS LEVELS FOR TRADERS...!!!

MCX COPPER AUG T2 A CH AT 429.60 SELLS AT 432 BOOK FULL PROFITS/MCX ZINCM T2 ACH AT 106.70 SELLS AT 108.20 BOOK FULL PROFITS/

MCX COPPER AUG T2 ALMOST ACH AT 429.60 CMP 429.85//SELLS AT 432/BOOK PROFITS//

MCX COPPER AUGUST T1 ACH AT 430.70//SELLS AT 432//

MCX Aug Copper unable to hold below strong sup of 431, traders hold min lots with proper SL given.

LME Base Metals Inventory: Copper +225, Aluminum -7575, Nickel -42, Lead -1075, Zinc +500

TRADING CALL FOR AUG 3 TUESDAY 11.45 AM IST



Sell Copper Aug below 432


SL above 433.3


T1 430.7



T2 429.6.

Copper trading highly range bound between 429.5 - 432.5. A break above 433 or sustain below 430 could show next movement. Crudeoil looks weak below 4150 till 4100 - 4060, could take strong sup around 4060 - 4100 levels..!

AUG 3 TUESDAY


TRADING LEVELS FOR MORNING SESSION


S1 RS 428.10 , S2 RS 425.30 , S3 RS 423


R1 RS 434 , R3 RS 437 , R3 RS 439


WAIT FOR CONFIRMATION ,

CRUDE $93.34 TRADES WEAK LTP 4164 WEAK BELOW 4150 TILL 4130-4100 RES NOW 4200/COPPER OPENS FLAT LTP 430.75 SUPP 429.30 RES 434/NICKLE LTP 1098 SUPP 1088 RES ABV 1100 IS 1107-1114//SILVER$40.76 HOLDS FIRM RES $41-41.50/GOLD$1654.. US DOLLAR INDEX 74.58//WATCH OUR INR OPEN FOR NEXT MOVES ESP BULLIONS//

GM: GOLD ZOOMS OVERNIGHT HITS HIGH $1661 CMP $1654 EXP GAP UP OPEN ,CARRYOVER OVER BUYS LAST EVENING GOLDM AT 23480 T1 ACH AT 23590 HOLDING LONGS OUR T2 AT 23660 EXP OPEN GAP UP, BOOK MAX PROFITS OR TRAIL SL ARD COST RES 23750-800, WATCH OUT INR OPEN FOR EXACT MCX OPEN//SILVER$40.70 TRADES POSITIVE LTP 59326 EXP OPEN HIGHER RES 60000 SUPP 58900//

Personal Spending m/mA -0.2% F 0.2% P 0.1%Personal Income m/m A 0.1% F 0.3% P 0.2% Data Negetive to USD and positive to Bullion

MCX AUG COPPER APP OUR T1 AT 428.50, CURRENT LOW 429, SELL GIVEN AT 430.70-431...!!!

MCX AUG COPPER KEEP SL 432.20 AND HOLD...!!!

ALERT : MCX AUG COPPER CMP 429.60, SELLS GIVEN AT 430.70-431. (RESET)...!!!

Base Metals facing strong supports. Copper at 430, Nickel at 1088, Lead at 113.6. Low risk traders can exit Nickel others hold with strict SL

LME Base Metals Inventory: Copper -400, Aluminum -8125, Nickel -156, Lead +75, Zinc -25

MCX Aug Copper low risk traders can book part profits upto 430.2, Sell upto 431. Reset

Sell Copper Aug between 430.7 - 431 and at 432.5 SL above 434.5 T1 428.5 T2 426.8.

GM AUG 2,8AM:GOLD$1620 TRADES FLAT LTP /SILVER$39.60 LTP 58125 OPENS MILD POSITIVE MCX ARD 58500-600 SUPP 58000 RES 59100/CRUDE$95.17 FLAT//COPPER OPENS FLAT LTP 431.50 SUPP 427 RES 434-436//POOR US MFG DATAS LAST NIGHT DRAGGED DOWN BASE METALS/US CONGRESS PASSES 2.1 TRILLION DOLLAR DEBT INCREASE BUT MKTS UNEASY WITH QUANTUM AS ALSO RECENT DATAS VERY NEGATIVE//DOLLAR INDEX 74.28//PLS TRADELESS BASE METALS TILL CLARITY COMES IN//

US ISM MANUFACTURING DATA -50.9 BELOW EXPECTATIONS (SLIGHTLY NEGATIVE FOR BASE METALS AND CRUDE)...!!!

Basa metals trading range bound with mild negative bias. Copper weak if not sustains above 437 - 438. Nickel more positive. Zinc, Lead and Aluminium looks weak. Crudeoil looks positive..!!

MCX AUG COPPER BOOK PART PROFITS UPTO 438.80/ BUYS GIVEN AROUND 438...!!!

LME: COPPER DN 525/NICKEL UP558/ZINC DN 225/LEAD DN 775/ALU DN 7650/

TRADING CALL FOR AUG 1 MONDAY 12.05 PM IST



Buy Copper Aug between 437.8 - 438.2


SL below 436


T1 439.8


T2 442

AUG 1 MONDAY


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 AUG 1,7.40AM:OBAMA ANNOUNCES THAT US DEBT RESTRUCTURING CONSENSUS PLAN HAS BEEN ARRIVED AT/BULLIONS CORRECTS DOWN SHARPLY GOLD$1612 HITS LOW $1607(DOWN ARD $15) EXP OPEN GAP DOWN ARD RS 200 MCX/SILVER$39.35 LTP 58898 EXP OPEN DOWN ARD RS 300//CRUDE AND BASE METALS OPEN HIGHER AFTER NEWS OF US DEAL ARRIVED AT! CRUDE $97 OPENS OVER1% HIGHER EXP MCX OPEN HIGHER ARD RS 40/COPPER OPENS UP ARD 0.505 LTP 436.80 RES 488.50 SUPP 434//NICKEL RES 1112 SUPP 1088//