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Thursday, March 31, 2011
MRKT ALERT 8.40 PM
MCX APR COPPER WEAK BELOW 422.50 WITH RES ABOVE 423.50 AND COULD TEST 420.80-420. LEVELS FOR HIGH RISK TRADERS...!!!
TECHNICALS FOR NYMEX TRADE FOR MARCH 31 2011
MARCH 31 THRSDAY TRADING LEVELS FOR EVENING SESSION S1 RS 420.50 , S2 RS 418 , S3 RS 415 R1 RS 425 , R2 RS 427 , R3 RS 429.60 WAIT FOR CONFIRMATION .
MRKT ALERT
MCX Copper Apr well triggered at 425.30 - 425.6, and T1 almost achieved at 423. Reset For High Risk Traders.
UPDATES FOR MARCH 31 2011
MARCH 31 THURSDAY TRADING LEVELS FOR MORNING SESSION S1 RS 421 , S2 RS 418 , S 3 RS 415 R1 RS 425 , R2 RS 427 , R3 RS 430 WAIT FOR CONFIRMATION .
GM MARCH 31,7.40AM: BULLIONS OPEN POSITVE GOLD$1426 OPENS MARGINALLY HIGHER SILVER$37.57 LTP 55763 HOLD OUR POSITIONAL BUYS AVERAGE 55400 HIGH LATS NIGHT 55990 EXP OPEN POSITVE/CRUDE$104.64 LTP 4689 OPENS POSITVE RES 4715 SUPP 4650/NAT GAS MILD POSITVE/COPPER OPENS POSITVE HIGHER 0.40% LTP423.550 RES 426 SUPP421/
Wednesday, March 30, 2011
MRKT ALERT 7.41 PM
MCX ARP COPPER OUR T2 AND T3 ACH AT 427.50-427.10 TRADERS CAN BOOK FULL PROFITS, SELL GIVEN BELOW 430.50...!!!
MRKT ALERT 6.36 PM
MCX APR COPPER OUR T1 ACH AT 429 AND APP OUR T2 AT 427.50, CURRENT LOW 427.90 TRADERS CAN BOOK MAXIMUM PROFITS, SELL GIVEN BELOW 430.50 TGT EXT UPTO 427.10 AND TRAIL SL TO COST...!!!
MRKT ALERT 6.29 PM
MCX APR COPPER TRADERS CAN BOOK PART PROFITS UPTO 428.90, SELL GIVEN BELOW 430.50...!!!
-TECHNICALS FOR NYMEX TRADE FOR MARCH 30 2011
MARCH 30 WEDNESDAY TRADING LEVELS FOR EVENING SESSION S1 RS 427.20 , S2 RS 424.80 , S3 RS 422 R1 RS 433 , R2 RS 435.60 , R3 RS 438 WAIT FOR CONFIRMATION .
MRKT ALERT 5.49 PM
ADP Non-Farm Employment Change Act 201K Fore 205K Prev 217K Data negetive to USD positive to Bullion
MRKT ALERT
LME Inventory Update Copper +225MT Lead -1250MT Zinc -125MT Nickel -348MT Aluminum -3675MT
UPDATES FOR MARCH 30 2011
MARCH 30 WEDNESDAY TRADING LEVELS FOR MORNING SESSION S1 RS 428 , S 2R S425 , S3 RS 421 R1 RS 435 , R2 RS 438 , R3 RS 441 WAIT FOR CONFIRMATION .
Tuesday, March 29, 2011
MRKT ALERT 7.46 PM
CB CONSUMER CONFIDENCE ACT 63.4 FORECAST 64.9 PREVIOUS 72.0 DATA NEGATIVE TO USD...!!!
TECHNICALS FOR EVENING SESSION FOR MARCH 29 2011
MARCH 29 TUESDAY TRADING LEVELS FOR EVENING SESSION S1 RS 427.20 , S 2R S424.80 , S3 RS 422 R1 RS 431.60 , R2 RS 433.80 , R3 RS 436 WAIT FOR CONFIRMATION .
MRKT ALERT 5.04 PM
MCX ARP COPPER OUR T2 ALMOST ACH AT 427, CURRENT LOW 427.35 TRADERS CAN BOOK PROFITS, SELL GIVEN AT 431.60-432.
mrkt alert
MCX Apr Copper App our T2 at 427, current low 427.75, Ext Tgt to 426.20, Very minimum. Sell given at 431.60 - 432.
UPDATES FOR MARCH 29 2011
MARCH 29 TUESDAY TRADING LEVELS FOR MORNING SESSION S1 RS 428 , S2 RS 425 , S3 RS 421 R1 RS 435 , R2 RS 438 , R3 RS 441 WAIT FOR CONFIRMATION .
GOOD MORNING MARCH 29 , 7.45 AM : Crude $ 103.60 opens down around 30 cents LTP 4719, CMP MCX around 4710 Res 4735 ,Sup 4680/ Nat Gas LTP 199.40 , Opens marginally down Res 201 , Supp 197// Gold $1418 Trades Flat , Silver $ 36.89 LTP 55426 Opens Lower about Rs 150 //Copper opens 0.50 % Lower LTP 432.60 MCX CMP around Rs 431// Supp 431 Res 435.50 .
Monday, March 28, 2011
MRKT ALERT 6.45 PM
MCX APR COPPER UPDATE : TAKING STRONG SUP AS INFORMED EARLIER AT 431.50-431 RES NOW AT 435.50-436
MRKT ALERT 6.18 PM
: Core PCE Price Index m/m A 0.2% F 0.2% P 0.2% Personal Spending m/mA 0.7% F 0.6% P 0.3% Personal Income m/m A0.3% F 0.5% P 1.2%
TRADI8NG LEVELS FOR EVENING SESSION FOR MARCH 28 2011
MARCH 28 MONDAY TRADING LEVELS FOR EVENING SESSION S1 RS 430.60 , S2 RS 428.30 , S3 RS 426.30 R1 RS 434 , R2 RS 436.20 , R3 RS 438.55 WAIT FOR CONFIRMATION .
MRKT ALERT
LME Inventory Update Copper +625MT Lead -175MT Zinc -625MT Nickel -168MT Aluminum +6150MT
UPDATES FOR MARCH 28 2011
MARCH 28 MONDAY TRADING LEVELS FOR MORNING SESSION S1 RS 436.70 , S2 RS 433.80 , S3 RS 430.40 R1 RS 440.90 , R2 RS 443.50 , R3 RS 446.40 WAIT FOR CONFIRMATION .
Friday, March 25, 2011
MRKT ALERT 7.01 PM
MCX APR COPPER OUR T2 ACH AT 441, BUY GIVEN AT 436-436.50. TRADERS CAN BOOK FULL PROFITS...!!!
MRKT ALERT 5.06 PM
MCX APR COPPER APP OUR T2 AT 441, BUY GIVEN AT 436-436.50. CURRENT HIGH 440.30 TRADERS CAN BOOK PROFITS.
MRKT ALERT 4.55 PM
MCX APR COPPER TRADERS CAN BOOK FURTHER PROFITS UPTO 439.80, BUY GIVEN AT 436-436.50.
MRKT ALERT 2.35 PM
LME Base Metals Inventory: Copper +4650, Aluminum -5925, Nickel +660, Tin +125, Lead -1650, Zinc -175.
UPDATES FOR MARCH 25 2011
MARCH 25 FRIDAY
TRADING LEVELS FOR MORNING SESSION
S1 RS 435 , S2 RS 433 , S3 RS 430
R1 RS 441 , R2 RS 445 , R3 RS 447
WAIT FOR CONFIRMATION .
TRADING LEVELS FOR MORNING SESSION
S1 RS 435 , S2 RS 433 , S3 RS 430
R1 RS 441 , R2 RS 445 , R3 RS 447
WAIT FOR CONFIRMATION .
GM MARCH 25,7AM:NEGATIVE DURABLE MFG DATA,BETTER EMPLOYMENT DATA FROM US LAST NIGHT,DEBT CRISIS AND DOWN GRADING OF PORTUGAL :MIXED NEWS LAST NIGHT PUSHED BULLIONS TO NEW HIGHS BEFORE CORRECTING DOWN/GOLD$$1433 MCX ARD 20880,SILVER$37.38 LTP55467 OPENS HIGHER MCX ARD 55700-750/CRUDE$105.38 LTP 4724 SUPP 4700 RES 4795//BAS EMETALS OPEN FLAT//
Thursday, March 24, 2011
MRKT ALERT
MCX Copper book approaching our T1 at 441.50, cmp 440.80, Buy given at 2 levels at 436.5 and at 438. Reset
MRKT ALERT 7.58 PM
COPPER TRADING SIDEWAYS BETWEEN 436.50-441.50 EITHER BREK OUT IT COULD DECIDE FURTHER TREND.
MRKT ALERT 6.04 PM
Core Durable Goods Orders m/m A -0.6% F 2.1% P -3.0% Unemployment Claims A 382K F 388K P 385K Durable Goods Orders m/m A -0.9% F 1.2% P 3.2% Data Mixed to USD
MRKT ALERT 3.00 PM
MCX APR COPPER OUR T1 ACH AT 441.50, BUY GIVEN AT 438.-438.40 TRADERS CAN BOOK PROFITS.
MRKT ALERT 2.30 PM
MCX APR COPPER OUR T1 ALMOST ACH AT 441.50, BUY GIVEN AT 438-438.40. CURRENT HIGH 441.30. TRADERS ADVISED TO KEEP BOOKING PROFITS...!!!
MRKT ALERT 2.20 PM
MCX APR COPPER TRADERS CAN BOOK FURTHER PROFITS UPTO 440, BUY GIVEN AT 438-438.40
MRKT ALERT
MCX Apr Copper book part profits upto 439, buy given at 2 levels and average around 437.30
Wednesday, March 23, 2011
MRKT ALERT 8.43 PM
MCX APR COPPER UPDATE : REMAINS POSITIVE WITH IMM SUP AT 437 AND COULD TEST RES 443/ LEVELS ONLY...!!!
MRKT ALERT 7.00 PM
NEW HOME SALES DATA EXPECTED AROUND 7.30 PM/ MARKETS HAVE DISCOUNTED POSITIVE DATA INTO PRICES/ PREFER WAIT FRESH ENTRIES AFTER DATA...!!!
MRKT ALERT 5.41 PM
MCX APR COPPER OUR T3 ACH AT 438, BUY GIVEN AT 432.20-432.60. TRADERS CAN BOOK FULL PROFITS...!!!
MRKT ALERT 4.57 PM
MCX APR COPPER OUR T3 ALMOST ACH AT 438, CURRENT HIGH 437.50 TRADERS CAN BOOK FULL PROFITS...!!!
MRKT ALERT 3.08 PM
MCX APR COPPER APP OUR T3 AT 438, CURRENT HIGH 436.90/ BUY GIVEN AT 432.20-432.60/ BOOK MAXIMUM PROFITS
MRKT ALERT 3.03 PM
MCX APR COPPER OUR T2 ACH AT 436, TGT EXT UPTO 438, BUY GIVEN AT 432.20-432.60 AND TRAIL SL TO COST.
MRKT ALERT 2.51 PM
MCX APR COPPER OUR T2 ALMOST ACH AT 436, BUY GIVEN AT 432.20-432.60. CURRENT HIGH 435.70 TRADERS CAN BOOK PROFITS.
MRKT ALERT 2.36 PM
LME Base Metals Inventory: Copper -200, Aluminum -6475, Nickel -426, Tin -155, Lead -150, Zinc -275.
MRKT ALERT 2.35
MCX APR COPPER TRADERS CAN BOOK FURTHER PROFITS UPTO 435, BUY GIVEN AT 432.20-432.60.
MRKT ALERT 1.49 PM
MCX APR COPPER OUR T1 ACH AT 434.30, BUY GIVEN AT 432.20-432.60. CURRENT HIGH 434.50...!!!
MRKT ALERT 1.45 PM
MCX APR COPPER OUR T1 ALMOST ACH AT 434.30, BUY GIVEN AT 432.20-432.60. CURRENT HIGH 434.15 TRADERS CAN BOOK FURTHER PROFITS.
MRKT ALERT 1.36 PM
MCX APR COPPER TRADERS CAN BOOK PART PROFITS UPTO 433.20, BUY GIVEN AT 432.20-432.60.
UPDATES FOR MARCH 23 2011
MARCH 23 WEDNESDAY
TRADIJG LEVELS FOR MORNING SESSION
S1 RS 428.10 , S2 RS 425.10 , S3 RS 423
R1 RS 433 , R2 RS 436 , R3 RS 439.50
WAIT FOR CONFIRMATION .
TRADIJG LEVELS FOR MORNING SESSION
S1 RS 428.10 , S2 RS 425.10 , S3 RS 423
R1 RS 433 , R2 RS 436 , R3 RS 439.50
WAIT FOR CONFIRMATION .
GM MARCH 23,7.45AM: CRUDE TRADES SHARPLYHIGHER $105.30 LTP 4718 EXP OPEN SHARP GP UP RES 4800 SUPP 4690/NAT GAS MILD POSTIVE LTP 189.90 RES 191 SUPP 184/GOLD$1428,SILVER$36.28 LTP 54296 RES 54700 SUPP 53700 TRADES AT SAME CLOSE LEVELS/BASE METALS TRADE FLAT COPPER LTP 430 RES 433 SUPP 427 OPENS FLAT//MKTS LAST 1 WEEK CHOPPY RECO KEEP BOOKING AS AND WHEN GIVEN BY US//
Tuesday, March 22, 2011
MRKT ALERT 7.57 PM
Base metals taking some strong sup. Copper at 426.6. Lead at 119.5. Zinc at 113. Nickel at 1185. Keep booking profits as soon as possible.
MRKT ALERT 7.26 PM
HIGH RISK TRADERS CAN INITIATE SELLS COPPER BELOW 426.60 FOR A TGT OF 424-422 WITH SL ABOVE 429.
MRKT ALERT 4.28 PM
MCX APR COPPER OUR T1 ALMOST ACH AT 427, CURRENT LOW 427.30, SELL GIVEN AT 429.40-429.80. (RESET). TRADERS CAN BOOK PAROFITS.
MRKT ALERT 2.35 PM
22/03 LME Inventory Update Copper +3850MT Lead -600MT Zinc -125MT Nickel -384MT Aluminum -5250MT
MRKT ALERT 1.57 PM
MCX APR COPPER OUR T1 ALMOST ACH AT 427, CURRENT LOW 427.25, SELL GIVEN AT 429.40-429.80.
MRKT ALERT 1.28 PM
MCX APR COPPER APP OUR T1 AT 427, SELL GIVEN AT 429.40-429.80, CURRENT LOW 427.65 TRADERS CAN BOOK FURTHER PROFITS.
MRKT ALERT 1.17 PM
MCX APR COPPER TRADERS CAN BOOK PART PROFITS UPTO 428.50, SELL GIVENA AT 429.40-429.80.
MRKT ALERT
Sell Copper Apr between 429.40 - 429.8 and at 431.5 SL above 433 T1 427 T2 425. Medium Risk
GM MARCH 22,AM; CRUDE$102.62 TRADES MILD POSITIVE RES $103.20, NAT GAS FLAT/GOLD$1430/SILVER$36.25 TRADES MARGINALLY HIGHER// BASE METALS OPEN FLAT TO MARGINALLY POSITVE..COPPER LTP 427.85 SUPP 425 RES 431 WEAK IF SUSTAINS BELOW 431, NICKEL LTP 1205 RES 1220 SUPP 1190, ZINC WEAK BELOW 102.80 RES 104.50 SUPP 101-100.50, LEAD MARGINALLY WEAK BELOW 120 TILL 119-118,ALU POSITIVE//
Monday, March 21, 2011
MRKT ALERT 8.35 PM
Base Metals looks to correct in coming days after a sharp correction. Lead to test 117 and Zinc below 103 to 101 levels. Copper to again 420 levels. Wait for confirmation.
MRKT AELRT 5.15 PM
Home sales data exp tonite after 7 pm//base metals more clarity cld come after release of this data/datas exp to be marginally weak//
MRKT ALERT 4.04 PM
TRADING IDEA : MCX APR COPPER OUR T1 ALMOST AT 436.50, BUY GIVEN AT 434.40-434.80, CURRENT HIGH 436.45 TRADERS CAN BOOK FURTHER PROFITS.
MRKT ALERT 3.54 PM
TRADING IDEA : MCX APR COPPER TRADERS CAN BOOK PART PROFITS UPTO 435.70, BUY GIVEN AT 434.40-434.80. (RESET).
MRKT AELRT 2.34 PM
LME COPPER : UP 850 ZINC: DOWN -50 ALUMINIUM : DOWN -6650 NICKEL: DOWN -252 LEAD: DOWN -1000 TIN: UP 60
MRKT ALERT 1.30 PM
TRADING IDEA : MCX APR COPPER TRADERS CAN BOOK PART PROFITS UPTO 435.80, BUY GIVEN AT 434.40-434.80.
GM MARCH 21,7.30AM: LIBYAN CRISIS ESCALATES WITH MILTARY STRIKES FROM BOTH SIDES/ARAN NATIONS DIVIDED//BULLIONS OPEN HIGHER GOLD$1428 MCX HIGHER ARD RS 100/SILVER$35.87 MCX UP ARD RS 650//CRUDE SHARPLY HIGHER AT $103.25 MCX APRIL ARD 4710-4720 DEPNEDS ON INR/NAT GAS OPEN MARGINALLY UP ARD 188//BASE METALS OPEN FLAT COPPER LTP435.35 SUPP 431 RES 438..///
Friday, March 18, 2011
MRKT ALERT 4.20 PM
ALERT : CRR HIKE COULD BY CHAINA COULD SEE SOME DOWN SIDE IN BASE METALS// MCX MAR NICKEL WEAK BELOW 1187 WITH RES AT 1198 AND COULD TEST SUP 1178-1174// MCX APR COPPER BELOW 431 COULD TEST 429-427 WITH RES AT 437// LEVELS ONLY FOR TRADERS HOLDING ANY POSITIONS.
UPDATE: BASE METASL ESP COPPER RALLIED HIGHER YESTERDAY AFETR STRONG US DATA AND HOPES OF DEMAND INCREASING FM JAPAN FOR RECONSTRUCTION RES 438.50 SUPP 428.80//LEAD HOLDS AT HIGH ON FUNDAMENTAL DEMAND AS SUBSCTITUTE IF JAPAN NUCLEAR PROBLEMS INCREASE AND LEAD IS MAJOR INPUT FOR ALTERNATES LIKE BATTERIES!!
Thursday, March 17, 2011
MRKT ALERT 7.14 PM
MCX APR COPPER UPDATE CMP 431 AS IMM SUP AT 428.70 AND SHOWS MILD POSITIVE WITH RES AT 432.80-433.50 LEVELS ONLY...!!!
MRKT ALERT 6.03 PM
Core CPI m/m A 0.2% F 0.1% P 0.2% Unemployment Claims A 385K F 388K P 397K CPI m/m A 0.5% F 0.5% P 0.4% Data mixed to USD
MRKT ALERT 5..54 PM
MCX APR COPPER TESTED OUR LEVELS AT 429-430 AS GIVEN AS LEVELS POSITIVE ABOVE 427...!!!
MRKT ALERT 5.22 PM
MCX APR COPPER UPDATE : POSITIVE ABOVE 427 WITH SUP BELOW 425 AND COULD TEST RES 429-430. LEVELS ONLY...!!!
gm march 17,7.40am: bullions trade lower gold$1390 mcx down ard rs 100rs( HOLD SELLS IN GOLD MINI AS PER LEVELS GIVEN YESTERDAY);silver$33.83 SHARPLY DOWN mcx ard 400rs ltp 52203// CRUDE$97.65 OPENS FLAT LTP 4444/BASE METALS FLAT WITH NEGATIVE BIAS LTP COPPER 421.65 SUPP 418 RES 426.50/NICKEL 1134 SUPP 1127 RES 1153//
Wednesday, March 16, 2011
MRKT ALERT 6.33 PM
Building Permits A 0.52M F 0.58M P 0.56M PPI m/mA 1.6% F 0.7% P 0.8% Core PPI m/m A 0.2%F 0.2% P 0.5% Current AccountA -113B F -111B P -126B Housing Starts A 0.48M F 0.58M P 0.62M Data mixed to USD
MRKT ALERT 5.33 PM
MCX APR COPPER UPDATE POSITIVE ABOVE 425.80 WITH SUP AT 423.50 AND COULD TEST 428-429 LEVELS ONLY.
GM MARCH 16,7.30AM:BULLIONS OPEN MARGINALLY UP GOLD$$1399(UP MCX ARD 30RS LTP 20605),SILVER$34.40(UP MCX ARD 100RS LTP52084)/CRUDE$97.90 LTP4465 EXP MILD POSITIVE OPEN RES 4500 SUPP 4415/NAT GAS OPENS POSITIVE LTP178.70 RES 181 SUPP 174/BASE METALS OPEN SHARPLY HIGHER, COPPER UP OVER 1% LTP 417 MCX ARD 421 WEEKLY RES 425.80 SUPP 411 CLOSING BASIS/
GM MARCH 16,7.30AM:BULLIONS OPEN MARGINALLY UP GOLD$$1399(UP MCX ARD 30RS LTP 20605),SILVER$34.40(UP MCX ARD 100RS LTP52084)/CRUDE$97.90 LTP4465 EXP MILD POSITIVE OPEN RES 4500 SUPP 4415/NAT GAS OPENS POSITIVE LTP178.70 RES 181 SUPP 174/BASE METALS OPEN SHARPLY HIGHER, COPPER UP OVER 1% LTP 417 MCX ARD 421 WEEKLY RES 425.80 SUPP 411 CLOSING BASIS/
Tuesday, March 15, 2011
MRKT ALERT 6.48 PM
Empire State Manufacturing IndexA 17.5 F 16.2 P15.4 Import Prices m/m A 1.4% F 0.9% P 1.3% TIC Long-Term Purchases A 51.5B F 59.3B P 62.5B Data Mixed to USD
MRKT ALERT 5.46 PM
MCX APR COPPER UPDATE : STRONG SUP SEEN AT 411 ON A CLOSING BASIS, A BREAK BELOW THIS COULD SEE FURTHER DOWNSIDE WITH RES AT 415.
Monday, March 14, 2011
MRKT ALERT 6.15 PM
BASE METALS EXPECTED TO REMAIN HIGHLY VOLATILE IMM SUP SEEN AT 417.50// TRADE LESS TILL BECOME CLEAR.
MRKT ALERT 4.38 PM
BASE METALS TESTED STRONG SUP AND TRADING SIDEWAYS/ TRADERS HOLDING SELLS PROTECT POSITIONS WITH PROFIT STOPS.
FURTHER TREMORS AND EXPLOSIONS REPORTED IN JAPAN THIS MORNING!!!//DATAS TONITE: 6PM EMPIRE STATE MFG INDEX/IMPORT PRICES/6.30PM TIC LONG TERM PURCHASES) DATAS EXP POSITIVE)/11.45PM FED FUNDS RATE//MKTS TIMINGS FROM TODAY CLOSE AT 11.30PM//
FURTHER TREMORS AND EXPLOSIONS REPORTED IN JAPAN THIS MORNING!!!//DATAS TONITE: 6PM EMPIRE STATE MFG INDEX/IMPORT PRICES/6.30PM TIC LONG TERM PURCHASES) DATAS EXP POSITIVE)/11.45PM FED FUNDS RATE//MKTS TIMINGS FROM TODAY CLOSE AT 11.30PM//
FURTHER TREMORS AND EXPLOSIONS REPORTED IN JAPAN THIS MORNING!!!//DATAS TONITE: 6PM EMPIRE STATE MFG INDEX/IMPORT PRICES/6.30PM TIC LONG TERM PURCHASES) DATAS EXP POSITIVE)/11.45PM FED FUNDS RATE//MKTS TIMINGS FROM TODAY CLOSE AT 11.30PM//
GM MARCH14,7.40AM: CRUD EOPENS SHARPLY LOWER BELOW $100 ON FEARS OF SLOWDIWN IN JAPAN CONSUMPTION EXP OPEN MCX ARD 4500(CURRENT TREND) SUPPORT 4460 RES 4580/NAT GAS OPENS HIGHER RES 179-181 SUPP 173/BULLIONS OPENED HIGH BUT NOW TRADING AT SAME CLOSE LEVELS GOLD$1421(UP ARD RS 40), SILVER$35.77 MARGINALLY DOWN ARD RS 100///COPPER OPENS LOWER ARD 0.40% MCX ARD 422-421.50//
Friday, March 11, 2011
MRKT ALERT 8.46 PM
Business Inventories m/m Act 0.9% Fore 0.6% Prev 1.1% data marginally negetive to USD
MRKT ALERT 7.23 PM
Core Retail Sales m/m A 0.7% F 0.7% P 0.3% Retail Sales m/m A 1.0% F0.8% P 0.3% Data mixed to usd
MRKT ALERT 7.13 PM
US Retail Sales m/m: Actual 1.0%, Forecast 1.0%, Previous 0.3% (Neutral for Dollar)(07:00PM)
MRKT ALERT 3.20 PM
MCX APR COPPER APP OUR T4 ALMOST ACH AT 412, CURRENT LOW 412.65 TRADERS CAN BOOK MAXIMUM PROFITS, SELL GIVEN AT 421-421.40.
MRKT ALERT 1.36 PM
MCX APR COPPER OUR T3 ACH AT 414.80, SELL GIVEN AT 421-421.40. HIGH RISK TRADERS HOLD FOR EXT TGT 412-410 AND TRAIL SL AROUND COST.
MRKT ALERT 1.32 PM
MCX APR COPPER OUR T3 ALMOST ACH AT 414.80. SELL GIVEN AT 421-421.40. CURRENT LOW 415.10 TRADERS CAN BOOK MAXIMUM PROFITS.
MRKT ALERT 12.39 PM
MCX APR COPPER OUR T1 ACH AT 418.60, SELL GIVEN AT 421-421.40. CMP 418 TRADERS CAN BOOK FURTHER PROFITS.
GM MARCH 11,7.40AM:NEGATIVE TRADE DATA FROM CHINA AND STRONGER DOLLAR PULLS DOWN BULLIONS, CRUDE//GOLD$1413 SILVER$35.31 TRADE FLAT WEEKLY LOOKS MILD BEARISH SILVERM SUP 52500 RES 53550 GOLD SUPP 20750//CRUDE TRADES FLAT$102.83 /BASE METALS OPEN FLAT OUR UYCALL LAST NIGHT CARRYOVER HOLD AS PER LEVELS//
Thursday, March 10, 2011
MRKT ALERT
MCX Apr Copper book part profits upto 422.30, buy given at 421.50. Modify your SL to 420 - 420.50 GTC and Run for targets. Note - High risk.
MRKT ALERT 8.45 PM
MCX APR COPPER TRADERS CAN BOOK PART PROFITS UPTO 418, SELL GIVEN AT 419.20-419.50 (RESET)
MRKT ALERT 7.55 PM
MCX APR COPPER TRADERS CAN BOOK PART PROFITS UPTO 417.80, SELL GIVEN AT 419.20-419.50.
MRKT ALERT 7.14 PM
US Economic Data: Trade Balance (Actual/Forecast) -46.3 B/-41.4B, unemployment Claims 397K/375K, Data is Negative For Dollar
MRKT ALERT 2.35 PM
LME Base Metals Inventory: Copper -250, Aluminum -5375, Nickel -54, Tin +300, Lead -375, Zinc -100.
TECHNICAL CORRECTION ON BREAKING CRUCIAL SUPPORTS AS EXP YESTERDAY MORNING//COPPER LTP 421.90 OPENS MARGINALLY WEAK RES 426 CLD TEST SUPP 418-415/NICKEL LTP 1187 WEAK RES 1198 SUPPORTS 1180-1175//
TECHNICAL CORRECTION ON BREAKING CRUCIAL SUPPORTS AS EXP YESTERDAY MORNING//COPPER LTP 421.90 OPENS MARGINALLY WEAK RES 426 CLD TEST SUPP 418-415/NICKEL LTP 1187 WEAK RES 1198 SUPPORTS 1180-1175//
TECHNICAL CORRECTION ON BREAKING CRUCIAL SUPPORTS AS EXP YESTERDAY MORNING//COPPER LTP 421.90 OPENS MARGINALLY WEAK RES 426 CLD TEST SUPP 418-415/NICKEL LTP 1187 WEAK RES 1198 SUPPORTS 1180-1175//
GM MARCH 10,8AM:ESCALATING CONTINUED VIOLENCE HOLDS CRUDE OIL, INCREASING FEARS OF INFLATION, AND HENCE FEARS OF DOWNSIDE IN ECONOMIES...HENCE DOWNSIDE IN BASE METALS LAST NIGHT!!!/CRUDE$104.85 MARGINALLY HIGHER LTP 4718 WEEKLY SUPP 4665 RES 4800/NAT RES 181 SUPP 173 LTP 177/GOLD$1428 LTP 21047 RES 21100 SUPP20950 TRADES FLAT/SILVER$35.86 LTP 53960 WEEKLY RES 54500 SUPP 53500 OPENS FLAT/
Wednesday, March 9, 2011
MRKT ALERT 8.22 PM
MCX APR COPPER UPDATE TECHNICALLY THIS IS THE THIRD SWING DOWN WHICH WE EXPECTED FROM THIS MORNING/ NEED TO WAIT IF BREAKS YESTERDAYS LOW 425.80 WHICH IF BREAKS COULD TEST 424-423/ PLS WAIT FOR FRESH TRADE IN COPPER.
GM,MARCH 9,7.50AM: GOLD$1428,SILVER$36.17 OPEN HIGHER MCX ARD RS 53725/CRUDE$104.44 OPENS LOWER 55 CENTS LTP4725 MCX CMP ARD 4700 RES 4740 SUPP 4670/NAT GAS FLAT LTP178.60 RES 181 SUPP 174/BASE METALS OPEN FLAT COPPER LTP434 RES 436 SUPP 430/NICKEL LTP1220 SUPP 1208 RES 1230//LEAD AND ZINC POSITVE //
Tuesday, March 8, 2011
MRKT ALERT 8.47 PM
MCX APR COPPER UPDATE AS ADVISED EARLIER POSITIVE ABOVE 431 SUP NOW AT 429 AND COULD TEST NEXT RES AT 435//
MRKT ALERT 7.07 PM
Copper trading range bound between 427 - 431. A break abv these levels could have mild positive abv 431. Weak below 427 again.
MRKT ALERT 3.44 PM
MCX MAR NICKEL APP OUR T2 AT 1204, SELL GIVEN UPTO 1222. CURRENT LOW 1204 TRADERS CAN BOOK PROFITS
MRKT ALERT 1.48 PM
NO FRESH RESET ON SELLS RECOMMENDED// HIGH RISK TRADERS HOLDING POSITIONS FOLLOW ORIGINAL LEVELS GIVEN.
MRKT ALERT 1.15 PM
MCX APR COPPER APP OUR T1 AT 426.50, SELL GIVEN AT 429.20-429.80. CMP 427.40 TRADERS CAN BOOK FURTHER PROFITS. (RESET)
UPDATES: COPPER STRONG SUPP 430 IF SUSTAINS BELOW 427-424 RES AT 436//NICKEL WEAK BELOW 1250 WITH RES AT 1262 AND SUPP AT 1225-1220//LEAD MINI, ZINCMINI AND ALU MINI REMAIN WEAK FOR NOW//BULLIONS CORRECTING DOWN//CRUDE TRADES BASED ON NEWS BASED SUPP 3690 RES 4880 WEEKLY BASIS/ NAT GAS CLD BOUNCE UP//
GM MARCH 8,7.30AM; GOLD$1431 SILVER $35.72 TRADING MARGINALLY LOWER SILVER LTP 53878 RES 54200 AND SUPP 53700-53500//CRUDE$105.10 LTP 4769 RES 4800 SUPP 4690 CORRECTS DOWN AFTER REPORTS OF GADAFFI OFFER TO RESIGN/ NAT GAS LTP 175.30 CLD BOUNCE UP RES 178-181 SUPP 169// BASE METALD FLAT OPEN COPPER LTP 433.85 SUPP 430 RES 436/NICKE;L LTP 1242 RES 1257 SUPP1225/ALU MINI SUPP 114 WEAK//LEAD ZINC WEAK//
Monday, March 7, 2011
MRKT ALERT
NEWS-Copper fell more than 3 percent after U.S. President Barack Obama said NATO was considering military options in response to the situation in Libya. Nickel fell by 5%
CALLS GIVE TO OUR MEMBERS AFTER 7 PM NOT POSTED EARLIER IN BLOGS DUE SERVER ISSUES:
SELL APRIL COPPER BELOW 445 SL 447 TGTS 442.70-441.20 TGTS ACH
COPPER BELOW 441 CLD TEST 438-435-432 ALL LEVELS ACHIEVED.
SELL NICKEL AT 1292 SL 1303 TGTS 1281-1275 TGTS ACH
SELL LEAD MINI AT 118 TGTS 116.50-115.80 TGTS ACH
SELL ALUMINIUM AT 116.60 SL 117.45 TGTS 115.60-114.90 TGTS ACHIEVED
SELL APRIL COPPER BELOW 445 SL 447 TGTS 442.70-441.20 TGTS ACH
COPPER BELOW 441 CLD TEST 438-435-432 ALL LEVELS ACHIEVED.
SELL NICKEL AT 1292 SL 1303 TGTS 1281-1275 TGTS ACH
SELL LEAD MINI AT 118 TGTS 116.50-115.80 TGTS ACH
SELL ALUMINIUM AT 116.60 SL 117.45 TGTS 115.60-114.90 TGTS ACHIEVED
MRKT ALERT
Copper trading below sup levels. Now could test 438 - 436 - 432 levels if sustains below 445
MRKT ALERT 2.36 PM
LME Base Metals Inventory: Copper +1850, Aluminum -3950, Nickel -474, Tin +55, Lead -1400, Zinc +6300.
MRKT ALERT 1.31 PM
MCX APR COPPER UPDATE: NEAR ENTRY LEVEL NOW 449.20/ PREFER TRADE LESS LOTS AND HOLD AS PER LEVELS/ LOW RISK TRADERS COULD WAIT LME IF FRESH POSITIONS NOT TAKEN.
GM MARCH 7.7.10AM:BULLIONS OPEN SHARPLY HIGHER: GOLD$1435(MCX UP ARD RS50) SILVER$NEW LIFE HIGH $35.95( MCX UP ARD RS 400)//CRUDE$105.37 NEW HIGH LTP4731 EXP MCX ARD 4765-4770/ NAT GAS OPENS MARGINALY WEAKER/BASE METALS FLAT, COPPER OPENS MARGINALLY LOWER LTP448.80 SUPP 445 RES 455/NICKEL LTP1299 SUPP 1293-1285 RES 1307-1324//
Saturday, March 5, 2011
weekly cloing comments: crude bullish next res $105, a close abv this cld test $107-$110 mcx weekly supp at 4570-4540 and res 4750-4800-4825//nat gas res 174 supp 165 a close abv 174 cld take it to 178-180//silver next res $36 res 53500-54000 weekly supp 52000//gold res $1440//copper supp 444 res 455 closing baiss decides trend/nickel close abv 1324 bullish supp close below 1280/alu, lead remain positve buy on dips//
weekly cloing comments: crude bullish next res $105, a close abv this cld test $107-$110 mcx weekly supp at 4570-4540 and res 4750-4800-4825//nat gas res 174 supp 165 a close abv 174 cld take it to 178-180//silver next res $36 res 53500-54000 weekly supp 52000//gold res $1440//copper supp 444 res 455 closing baiss decides trend/nickel close abv 1324 bullish supp close below 1280/alu, lead remain positve buy on dips//
GM,MARCH5: BULLIONS CLOSE AT NEW HIGHS: GOLD$1429/SILVER$35.50...MCX GOLDMINI TGT 21180 SL 20930..SILVER MINI TGTS 53000-53200-53400 SL 52450..OVERALL BULLISH/CRUDE $104.42 LTP 4698 TGTS 4720-4750-4780-4800 CURRENT SL 4630..//BASE METALS AGIN TESTES RES AND CLOSED SHARPLY LOWER TO SAME LEVELS COPPER LTP 448.30 SUPP 445 RES 455, NICKEL LTP1299 RES 1324 SUPP 1280//ONLY CLOSE ABV RES NEXT MAJOR UPSIDE//
Friday, March 4, 2011
MRKT ALERT 8.02 PM
MCX APR COPPER HIGH RISK TRADERS HOLDING LONGS ABOVE 451.20 CAN BOOK PART PROFITS UPTO 453.60. (RESET).
MRKT ALERT 7.05 PM
Non-Farm Employment ChangeA192K F 191K P 36K Unemployment RateA 8.9% F 9.1%P 9.0% Average Hourly Earnings m/m A 0.0% F 0.2% P0.4% Data positive to USD
MRKT ALERT 6.56 PM
MCX APR COPPER OUR T2 ACH AT 454.50, HIGH RIKS TRADERS CAN HOLD FOR EXT TGT OF 455.20-456.50, BUY GIVEN AT 451.20.
MRKT ALERT 6.52 PM
MCX APR COPPER OUR T2 ALMOST ACH AT 454.50, BUY GIVEN ABOVE 451.20. CURRENT HIGH 454.30 TRADERS CAN BOOK MAXIMUM PROFITS.
MRKT ALERT 6.12 PM
MCX APR COPPER OUR BUY CALL RUNNING// MORE POSITIVE ABOVE 454.10 WITH SUP AT 452 AND COULD TEST 455.20-456.50.
GM MARCH 4,7.30AM: BULLIONS CLOSED LOWER LAST NIGHT ON NEWS OF IMPENDING LIBYAN CRISIS AND PROFIT TAKING CMP GOLD$1418, SILVER$34.48 EXP OPEN MILD POSITIVE LTP50258//CRUDE$102.15LTP 4545 SUPP 4503 RES 4620/NAT GASLTP 172/BASE METALS OPEN MARGINALLY HIGHER COPPER LTP448.80 RES 453 SUPP 445/NICKEL LTP1298.50 RES 1315 SUPP 1285/ALU LEAD POSITVE/
Thursday, March 3, 2011
MRKT ALERT 7.21 PM
MCX APR COPPER APP OUR T1 AT 454.50, BUY GIVEN AT 452.50. CMP 454 TRADERS CAN BOOK FURTHER PROFITS
MRKT ALERT 7.06 PM
Unemployment Claims A 368K F 394K P 391K Revised Nonfarm Productivity q/q A 2.6% F 2.6% P 2.6% Revised Unit Labor Costs q/q A -0.6% F -0.6% P -0.6% Data positive to USD and negetive to Bullion
MRKT ALERT 6.59 PM
MCX APR COPPER LOW RISK TRADERS CAN BOOK PART PROFITS UPTO 453.40-50, BUY GIVEN ABOVE 452.50.
MRKT ALERT 6.43 PM
Base Metals looks positive especially Copper as broken res of 452 nw could target 455 - 457. Aluminium and Lead also looks positive.
MRKT ALERT 5.42 PM
MCX APR COPPER HIGHLY RANGE BOUND WITH IMM SUP AT 449 AND IF SUSTAINS ABOVE 452 NEXT RES AT 453.50-454.50// LEVELS ONLY...!!!.
GM MARCH 3,7.30AM:GOLD$1432HIGH LAST NIGHT $1440,SILVER$34.55 HIGH LAST NIGHT34.97 TRADES MILD LOWER//CRUDE$102.47( NEXT RES$103.50-105) LTP 4581 MCX ARD 4620 DEPENDS ON INR OPEN,NAT GAS FLAT //BASE METALS TRADE FLAT ALMOST SAME LEVELS LTP COPPER 449.30 RES 452-455 SUPP 445/NICKEL 1288 SUPP 1279 RES 1304//WEAK DOLLAR INDEX 76.71 AND GOOD US DATAS HOLDS BASE METALS//
Wednesday, March 2, 2011
MRKT ALERT 9.10 PM
BASE METALS NOT GIVING MUCH TRADING OPPURTUNITY AS VERY RANGE BOUND COPPER SUP 445 RES 452 TRADING IN THESE RANGE ONLY
MRKT ALERT 6.58 PM
ADP Non-Farm Employment Change Actual 217K Forecast 178K Previous 187K. Data Bullish to USD.
GM MARCH 2,7AM: MCX MKTS CLOSED MORNING SESSION ,OPENS AT 5 PM FOR TRADING// BULLIONS AT NEW HIGHS GOLD$1431 HIGH 1434(BROKE RES $1420 LAST NIGHT),SILVER$34.60 HIGH 34.74 BROKE RES $33.80 LAST NIGHT, BUT INR APPRECIATION HAS HELD BACK MCX BULLIONS//CRUDE BREAKS ABV $100 CMP $100.35 MCX ARD 4540//NAT GAS FLAT//E COPPER OPEN SSHARPLY LOWER ARD 0.80% LTP 450.90 CMP MCX ARD 447//WL KEEP UPDATING//
Tuesday, March 1, 2011
MRKT ALERT 8.45 PM
MCX APR COPPER OUR T2 ACH AT 446.20, SELL GIVEN BELOW 450 TRADERS CAN BOOK FULL PROFITS.
MRKT ALERT 8.43 PM
ISM Manufacturing PMI A 61.4 F 60.9 P60.8 ISM Manufacturing Prices A 82 F 82.7 P 81.5 Data positive to USD and negetive to Bullion.
MRKT ALERT 7.17 PM
MCX APR COPPER LOW RISK TRADERS BOOK MAXIMUM PROFITS 448-448.30, SELL GIVEN BELOW 450, OTHERS HOLD WITH PROFIT SL.
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