Wednesday, February 29, 2012

TECHNICALS FOR NYMEX TRADE FOR FEB 29 2012

WEDNESDAY

TRADING LEVELS FOR EVENING SESSION


S1 RS 428.80 ,S2 RS 425.90 ,S3 RS 422

R1 RS 434.80 , R2 RS 437.90 , R3 RS 441
MCX COPPER FEBG T2 ALMSOT ACH AT 426.50 CMP 426.25 BUYS AT 422 BOOK FULL PROFITS/
MARKET ALERT ON FEB 29 WEDNESDAY 2.45 PM IST


MCX Feb Copper Approaching Tgt 2 at Rs 426.50 ,

Current High Rs 425.50 ,

Book Max Profits .

Buy was at Rs 422 .
MARKET ALERT ON FEB 29 WEDNESDAY 2.15 PM IST


MCX Feb Copper Tgt 1 Achieved at Rs 424.50


Buy was at Rs 422

Book Profits .
MCX COPPER BOOK PAR PROFITS AT 423.20..BUYA AT 422/
Buy CopperM Feb at 422 and at 420.2 SL below 418.5 T1 424.5 T2 426.5

UPDATES FOR FEB 29 2012

WEDNESDAY

TRADING LEVELS FOR MORNING SESSION

MCX MARCH COPPER


S1 RS 425.10 , S2 RS 422 , S3 RS 418.60


R1 RS 431 , R2 RS 434 , R3 RS 437.80
GM FEB 29..GOLD$1786 (HIGH LAST NIGHT$1790)..REF OUR SMS YESTERDAY AT 1PM ABV $1760 CLD TGT $1790-$1820..HOLD BUYS GOLDM CALL LAST NIGHT AT 28800 TGTS 28980-29080/SILVER$37,(HIGH LAST NIGHT$37.20) RES 61000-61500 SUPP 60000)TECHNICAL BREAK OUT ABV $36 PUSHED HIGHER NEXT RES$37.50-38//CRUDE LOWER$106.85 SUPP 5270-5- RES 5370 EXP WEAK OPEN/COPPER OPENS MILD DOWN MCX ARD 420-421 SUPP 418 RES 426/

Tuesday, February 28, 2012

mcx copper t2 ach at 425/buys at 419.60 book full profits/
MARKET ALERT ON FEB 28 TUESDAY 5.45 PM IST


MCX Feb Copper Tgt 1 Achieved at Rs 423

Buys at Rs 419.60


Book Further Profits

TECHNICALS FOR NYMEX TRADE FOR FEB 28 2012

TUESDAY

TRADING LEVELS FOR EVENING SESSION


S1 RS 418 , S2 RS 415.50 , S 3R S412

R1 RS 424.60 , R2 RS 428 , R3 RS 431.60
LME COPPER DN 1625/ALU DN 2325/NICKEL UP 1044/LEAD DN 2825/ZINC DN 75/
mcx copper feb high 422.70 our t1 almost ach at 423..buys at 419.60/
mcx copper feb app t1 at 423 cmp 422.20 buys at 419.60//next res ar 423/low risk book full profits or trai,l sl ard cost/
MCX NICKEL LOW RISK TRADERS BOOK PART AT ARD 992 BUYS AT 988/COPPER HIGH 421.90..BUYS AT 419.60/
MCX COPPER FEB AT HIGH 421.25 BUYS AT 419.60..BOOK FURTHER/
MCX COPPER LOW RISK TRADERS BOOK PROFITS AT 420.60-420.80..BUYS AT 419.60/
Buy Copper Feb above 419.6 and at 417.6 SL below 416 T1 423 T2 425. Trade Less

UPDATES FOR FEB 28 2012

TUESDAY

TRADING LEVELS FOR MORNING SESSION


MCX FEB COPPER


S1 RS 417.60 , S2 RS 414.50 , S3 RS 411.70


R1 RS 423 , R2 RS 425/80 , R3 RS 427.90
GM FEB 28/GOLD$1768 TRADES RANGE BOUND RES$1785 CLOSE, SILVER$35.40 SUPPORT 58300 RES 59000/CRUDE$108 WEEKLY SUPP 6335 RES 5415 OPENS MILD DOWN/COPPER TRADES FLAT WEEKLY SUPP 414 RES 423,MORE BULLISH CLOSE ABV 421/NICKEL POSITIONAL SUPP 970 RES 998-1011 ,BUT PREFER WAIT CONTRACT EXPIRY FOR CLEAR TREND/US DOLLAR INDEX 78.60/GERMAN PARLIAMENT APPROVES GRRECE BAILOUT/

Monday, February 27, 2012

MARKET ALERT ON FEB 27 MONDAY 9.55 PM IST


MCX Feb Copper Tgt 2 Rs 423


CMP Rs 421.15

Buys at Rs 417 ,

Book Further Profits .
MARKET ALERT ON FEB 27 MONDAY 9.30 PM IST


MCX Feb Copper Tgt 1 Achieved at Rs 420


Buys at Rs 417


Book Profits

UPDATES FOR FEB 27 2012

MONDAY

TRADING LEVELS FOR EVENING SESSION


S1 RS 413.60 , S2 RS 410.40 , S3 RS 407.60

R1 RS 418.80 , R2 RS 421.80 , R3 RS 424
MARKET ALERT ON FEB 27 MONDAY 1.30 PM IST

MCX Feb Copper UPdate :

Current Strong Res at Rs 419 / 421 ,

Needs to sustain above this for next upmove .

Traders Holding Buys advised protect positions ,

Buys at Rs 417 ,

Low risk have booked part at Rs 419 ,
MCX COPPER HIGH 419.30 OUR T1 AT 421 BUYS AT 417 BOOK FURTHER/
Buy Copper Feb at 417 and at 415 SL below 413.8 T1 420 T2 423. Medium Risk.
Buy ZincM Feb at 101.2 and at 100.6 SL below 100.1 T1 102.2 T2 103.

Friday, February 24, 2012

TECHNICALS FOR NYMEX TRADE FOR FEB 24 2012

FRIDAY


TRADING LEVELS FOR EVENING SESSION


S1 RS 411.30 , S2 RS 409.10 , S3 RS 406.50

R1 RS 415/20 , R2 RS 418 , R3 RS 420.60
Sell Copper Feb at 410.5 SL above 412.6 T1 408 T2 406. Medium Risk. Trade Less
mcx copper trades with mild negative bias res abv 414.50 and supports 410.50-409.80/levels/

UPDATES FOR FEB 24 2012

FRIDAY

TRADING LEVELS FOR MORNING SESSION

MCX FEB COPPER


S1 RS 409.40 , S2 RS 406.30 , S3 403


R1 RS 417 , R2 RS 419.80 , R3 RS 422
EURO TRADES AT 10 MONTH HIGH AGAINST US DOLLAR/US DOLLAR INDEX 78.66/CRUDE HOLDS ABV $108.50 EXP GAP UP OPEN ABV RES/BULLIONS FLAT/COPPER FLAT EXP MCX OPEN ARD 413-414/NAT GAS TRADES LOWER ARD 1%/
GM FEB 24; GOLD$1779 LAST NIGHT HIGH $1787 WEEKLY SUPPORT 28780 RES 29000-29100-29200/SILVER$35.28 LAST NIGHT HIGH $35.57 WEEKLY SUPPORT AT 57100 RES 59000..BULLIONS BREAKS TECH RES/CRUDE JUMPS$108.40 RES 5310-5340 SUPP 5230/COPPER OPENS FLAT RES 417 SUPP 409.80/

Thursday, February 23, 2012

UPDATES FOR FEB 23 2012

THURSDAY

TRADING LEVELS FOR MORNING SESSION


MCX FEB COPPER


S1 RS 412.50 , S2 RS 409.60 , S3 RS 405,.80


R1 RS 418.30 , R2 RS 421.50 , R3 RS 425
GM FEB 23: GOLD$1775 HIGH LAST NIGHT $1781..BREAK OUT ON WEEKLY CLOSE ABOVE$1780-85, MCX RES 28800 SUPP 28500/SILVER$34.32 HIGH LAST NIGHT $34.50 ..NEXT BREAK OUT CLOSE ABV $34.50 MCX RES STRONG ABV 58000,CURRENT SUPP 56500 LTP 57250/CRUDE$105.80 MCX RES 5280-5310 SUPP 5220-5180 OPENS FLAT/COPPER OPENS FLAT RES 418.50 SUPP 413/US DOLLAR INDEX 79.20/
MCX COPPER FEB T1 ACH AT 418..LAST NIGHT POSITIONAL BUYS ABV 415/MCX GOLDM HIGH LAST NIGHT 28470 BUYS GIVEN AROUND 28250/MCX SILVERM HIGH LAST NIGHT 57450,BUYS AT 57125(2 LOTS)/

Wednesday, February 22, 2012

MARKET ALERT ON FEB 22 WEDNESDAY 9.40 PM IST


MCX Feb Copper approaching Tgt 1 at Rs 418


Cmp Rs 417.20


Buy given at Rs 415.20

Book Part profits .
TRADING CALL FOR FEB 22 WEDNESDAY 9.15 PM IST


Buy Feb Copper at Rs 415.20

Stop loss below Rs 413


Tgt 418 / 421

Positional

TECHNICALS FOR NYMEX TRADE FOR FEB 22 2012

WEDNESDAY


TRADING LEVELS FOR EVENING SESSION


S1 RS 412.20 , S2 RS 409 , S3 RS 406.50

R1 RS 418.30 , R2 RS 421.80 , R3 RS 424
MARKET ALERT ON FEB 22 WEDNESDAY 3.10 PM IST


Base metals showing technicals correction down and

cld test supports .

Low risk Traders Holding Buys in Base metals advised to

hold only minium positions or exit near cost /

zinc mini cmp Rs 99.40 ,

Lead Mini cmp Rs 102.70 //

Nickel Res now at Rs 1009 and support at Rs 985 /

Copper support 414 / 413 /

Res at Rs 421 .
MARKET ALERT ON FEB 22 2.30 PM IST

LME Base Metals Inventory:

Copper +300,

Aluminum -1700,

Nickel +708,

Lead -1750,

Zinc Unch

UPDATES FOR FEB 22 2012

WEDNESDAY


TRADING LEVELS FOR MORNING SESSION

MCX FEB COPPER


S1 RS 412 , S2 RS 409.30 , S3 RS 405.60


R1 RS 417.80 , R2 RS 420.30 , R3 RS 423
GM: GOLD $1755 BUY CALL GOLDM LAST EVEING RUNNING FOR TGT 28230/ SILVER$34.22 T2 ACH LAST NIGHT AT 57100 HIGH 57250, SUPP NOW 56500 RES 57500-57850/CRUDE T1 ACH LAST NIGHT AT 5230 HIGH 5240 BUYS AT 5200 CRUDE CMP $105.79 LAST NIGHT HIGH $106.20/COPPER OPENS FLAT SUPP 412 RES 418-421/

Tuesday, February 21, 2012

mcx copper t2 ach at 414 buys given to members this morning at 409.80 book full profits/

TECHNICALS FOR NYMEX TRADE FOR FEB 21 2012

TUESDAY

TRADING LEVELS FOR EVENING SESSION


S1 RS 409.60 , S2 RS 406.40 , S3 RS 403.80


R1 RS 415.80 , R2 RS 418.10 , R3 RS 421

UPDATES FOR FEB 21 2012

TUESDAY

TRADING LEVELS FOR MORNING SESSION


MCX FEB COPPER\


S1 RS 404 , S2 RS 400;30 , S3 RS 396.50


R1 RS 411 , R2 RS 413.60 , R3 RS 417
GM FEB 21/GREECE DEAL NOT FINALIZED YET/GOLD $1735 SILVER$33.56 BULLIONS TRADE SAME LEVELS SILVER SUPP 56000 RES 56700-950/CRUDE$104.75 RES 5245 SUPP 5180/COPPER TRADES AT YESTERDAYS HIGHS RES410 SUPP 405/US DOLLAR INDEX 79.10/
GM FEB 21/GREECE DEAL NOT FINALIZED YET/GOLD $1735 SILVER$33.56 BULLIONS TRADE SAME LEVELS SILVER SUPP 56000 RES 56700-950/CRUDE$104.75 RES 5245 SUPP 5180/COPPER TRADES AT YESTERDAYS HIGHS RES410 SUPP 405/US DOLLAR INDEX 79.10/

Monday, February 20, 2012

UPDATE AT 3.30PM: GOLD$1732 SILVER#33.55 CRUDE4104.88 COPPER UP OVER 1.5%,NAT GAS DOWN OVER1%..EURO MEET TO SOLVE GREECE CRISIS ON NOW/EXP GAP UP OPEN COPPER(ALL BASE METALS) CRUDE GOLD SILVER/NAT GAS DOWN/
GM FEB 20/MCX CLOSED MORNING SESSION,US MKTS CLOSED TODAY,ONLY ELECTRONIC US TRADING TODAY/CHINA ANNOUNCES CRR CUT BY HALF POINTS,MKTS RALLY UP/CRUDE$104.93 OPENS SHARPLY HIGHER 1.5%/GOLD$1735 (UP ARD $13) SILVER$33.55(UP OVER 30 CENTS)/COPPER OPENS UP OVER 1.3%/

Friday, February 17, 2012

TECHNICALS FOR NYMEX TRADE FOR FEB 17 2012

FRIDAY

TRADING LEVELS FOR EVENING SESSION


S1 RS 410.80 , S2 RS 407.60 , S3 RS 404.40

R1 RS 416.20 , R2 RS 420.80 , R3 RS 424.50
MARKET ALERT ON FEB 17 FRIDAY 6.20 PM IST

Base metals showed some bounce and again coming down

Copper Res now at Rs 418.50

Support at Rs 412 / 410


Nickel Remains weak below Rs 995 , Positional Res above Rs 1011

Support at Rs 980 / 970
LME COPPER DN 4750/NICKEL DN 552/ALU UP 2675/ZINC DN 50/LEAD DN 2225/
trading call given at 1.30pm

mcx copper sell 414.40-414.70 sl abv 416.60 tgt 412-410
trading call given at 1.30pm

mcx copper sell 414.40-414.70 sl abv 416.60 tgt 412-410

MRKT ALERT

MCX Feb Copper book part profits upto 413.3, Sell given at 414.2.

MRKT ALERT

Sell Copper Feb between 414.4 - 414.7 SL above 416.6 T1 412 T2 410.

UPDATES FOR FEB 17 2012

FRIDAY


TRADING LEVELS FOR MORNING SESSION

MCX FEB COPPER


S1 RS 411 , S2 RS 408 , S 3R S405



R1 RS 419.40 , R2 RS 423 , R3 RS 427
gm feb 17: gold $1732,next upmove on close abv $1720/silver$33.56 rebounded sharply after testing supports supp 55800 res 56500-850/crude$102.40 res 5090 supp 5005 ,next positional upmove close abv $104/nat gas sideways/copper weekly strong support 409 res 416-418/leadm zincm alum mild weakness seen/

Thursday, February 16, 2012

TECHNICALS FOR NYMEX TRADE FOR FEB 16 2012

THURSDAY

TRADING LEVELS FOR EVENING SESSION


S1 RS 408.80 , S2 RS 405,.690 , S3 R S402


R1 RS 416.50 , R2 RS 420.80 , R3 RS 424.50
MARKET ALERT ON FEB 16 THURSDAY 6.00 PM IST


MCX Feb Copper Approaching Tgt 1 at Rs 410

Sells at Rs 412.30

Book Further profits .
MARKET ALERT ON FEB 16 THURSDAY 2.40 PM IST


LME Base Metals Inventory:

Copper -1925,

Aluminum -3325,

Nickel +2058,

Lead -1275,

Zinc +3375
MCX COPPER FEB LOW RISK TRADERS BOOK PART PROFITS UPTO 411.20-411.30 SELLS AROUND 412.30
Sell Copper Feb between 412.1 - 412.3 SL above 414.6 T1 410 T2 408. Trade Less.
Sell ZincM Feb between 99.2 - 99.4 SL above 100.2 T1 98.3 T2 97.6
Sell Copper Feb between 412.1 - 412.3 SL above 414.6 T1 410 T2 408. Trade Less.
Sell ZincM Feb between 99.2 - 99.4 SL above 100.2 T1 98.3 T2 97.6
Sell Copper Feb between 412.1 - 412.3 SL above 414.6 T1 410 T2 408. Trade Less.
Sell ZincM Feb between 99.2 - 99.4 SL above 100.2 T1 98.3 T2 97.6

UPDATES FOR FEB 16 2012

THURSDAY


TRADING LEVELS FOR MORNING SESSION


MCX FEB COPPER


S1 RS 411 , S2 RS 408 , S3 RS 405


R1 RS 419.40 , R2 RS 423 , R3 RS 427

UPDATES FOR FEB 16 2012

THURSDAY


TRADING LEVELS FOR MORNING SESSION


MCX FEB COPPER


S1 RS 411 , S2 RS 408 , S3 RS 405


R1 RS 419.40 , R2 RS 423 , R3 RS 427
GM FEB 16: MKTS UNCERTAIN DUE GREECE ISSUES..2 VIEWS EMERGING, ONE IS SOMEHOW THE ISSUE WILL RE SOLVED AT LAST MINUTE AND THE OTHER THAT GREECE MAY BE FORCED OUT OF THE EU WHICH WL STRENGTHEN THE US DOLLAR INITIALLY WHICH REASON IS WHY BASE METALS ARE UNDER PRESSURE/IRAN UNVEILS NUCLEAR PLANS AND HOLDS CRUDEOIL/GOLD$1724 SILVER$33.42 SUPP 55700 RES 57000/CRUDE RES 5055-80 SUPP 4970/GAS FLAT/COPPER SUPP 409 RES 421/
GM FEB 16: MKTS UNCERTAIN DUE GREECE ISSUES..2 VIEWS EMERGING, ONE IS SOMEHOW THE ISSUE WILL RE SOLVED AT LAST MINUTE AND THE OTHER THAT GREECE MAY BE FORCED OUT OF THE EU WHICH WL STRENGTHEN THE US DOLLAR INITIALLY WHICH REASON IS WHY BASE METALS ARE UNDER PRESSURE/IRAN UNVEILS NUCLEAR PLANS AND HOLDS CRUDEOIL/GOLD$1724 SILVER$33.42 SUPP 55700 RES 57000/CRUDE RES 5055-80 SUPP 4970/GAS FLAT/COPPER SUPP 409 RES 421/

Wednesday, February 15, 2012

TECHNICALS FOR NYMEX TRADE FOR FEB 15 2012

THURSDAY


TRADING LEVELS FOR EVENING SESSION


S1 RS 415.80 , S2 RS 412.30 , S3 RS 409.60


R1 RS 421.20 , R2 RS 424.60 , R3 RS 427.30

TECHNICALS FOR NYMEX TRADE FOR FEB 15 2012

THURSDAY


TRADING LEVELS FOR EVENING SESSION


S1 RS 415.80 , S2 RS 412.30 , S3 RS 409.60


R1 RS 421.20 , R2 RS 424.60 , R3 RS 427.30
LME COPPER DN 750/ALU UP 7125/NICKEL UP 1392/LEAD DN 400/ZINC DN 1125/
MCX COPPER FEB UPDATE..FACES STRONG RES AT 421 LEVELS AS OF NOW..NEXT DIRECTION AFTYER LME OPEN/ LOW RISK TRADERS HOLD ONLY MINIMAL LOTS/CMP 419.80/
MCX COPPER FEB UPDATE..FACES STRONG RES AT 421 LEVELS AS OF NOW..NEXT DIRECTION AFTYER LME OPEN/ LOW RISK TRADERS HOLD ONLY MINIMAL LOTS/CMP 419.80/
Base metals trading mild weak again. Leadm, Nickel and ZincM trading again mild weak. Copper traders trade less with strict SL given copper cmp 419.80/
Buy Copper Feb at 420.6 - 420.9 and at 419 SL below 417.6 T1 423 T2 425. Trade Less.

UPDATES FOR FEB 16 2012

TUESDAY

TRADING LEVELS FOR MORNING SESSION


MCX FEB COPPER


S1 RS 414.30 , S2 RS 410.60 , S3 RS 408


R1 RS 421 , R2 RS 424,50 , R3 RS 428
UPDATE AT 9AM: CRUDE AT HIGH $101.25 COPPER TRADES UP ARD 0.80% MCX ARD 420-421/BULLIONS FLAT/INR OPEN FLAT/
GM FEB 15:DELAY IN GRRECE BAILOUT/EURO DOWNGRADESAND POOR US DATAS PULL DOWN COMMODITIES/ GOLD$1724 SILVER$33.70 SUPP 56200 RES 56950/CRUDE$100.75 SUPP 4930 RES 5050 BUY ON DIPS RECO/COPPER OPENS FLAT RES 422 SUPP 415/US DOLLAR INDEX 79.32/

Tuesday, February 14, 2012

MARKET ALERT ON FEB 14 TUESDAY 7.50 PM IST


MCX Feb Copper approaching Tgt 2 at Rs 414


cmp Rs 414.85


Sells at Rs 419.25

Book Max Profits .
mcx copper feb t1 ach at 416,sells at 2levels average 419.25( 2lots)
Base metals bouncing a bit after testing sup. Copper strong sup 416. Nickel around 1010. Zinc around 101. Lead at 103
MCX COPPER RES NOW ABV 420//ALUM STRONG SUPP NOW ARD 107 IF SUSTAINS CLD GO UP RES 109-109.50 LEVELS/
ALL BASE METALS TESTED SUPPORTS COPPER 416-416.50 LEAD AT 103 NICKLE ARD 1005..SOME PULL BACK CLD COME/PROTECT POSITIONS /
lme copper up 300/alu up 49900/nickel dn 60/lead up1950/zinc up13000/
cMCX COPPER FEB AT LOW 416.80..SELLS BELOW 418.50 BOOK FURTHER/
MCX COPPER FEB LOW RISK TRADERS BOOK PART PROFITS UPTO 417.50-417.30///SELLS BELOW 418.50/
Sell LeadM Feb below 104 and at 104.6 SL 105.2 T1 103 T2 102.2
: Sell Coppper Feb below 418.5 and at 420 SL above 421.6 T1 416 T2 414

UPDATES FOR FEB 14 2012

TUESDAY


TRADING LEVELS FOR MORNING SESSION


MCX FEB COPPER


S1 RS 415.30 , S2 RS 411 , S3 RS 407


R1 RS 422 , R2 RS 426 , R3 RS 429.80
GM FEB 14/MOODYS DOWNGRADES 6 EURO NATIONS INCL SPAIN AND ITALY,ON WATCH LIST FRANCE AND UK/BULLIONS OPEN DOWN GOLD$1717 SILVER$33.54 SUPP 56200 RES 57050/CRUDE$11.54 SUPP 4880 RES 4985-5010/COPPER OPENS FLAT SUPP 415.80 RES 421-423/WATCHOUT INR OPEN/US DOLLAR INDEX 79.15/

Monday, February 13, 2012

MARKET ALERT ON FEB 13 MONDAY 8.30 PM IST


MCX Feb Copper Tgt 2 Achieved at Rs 421


Alerted earlier break below Rs 420


Could Tgt 418 / 417


Current Low Rs 417.85

Book Full Profits

Support now seen at Rs 416 .
MARKET ALERT ON FEB 13 MONDAY 8.15 PM IST


MCX Feb Copper Tgt 2 at Rs 421 Achieved


Sell given at Rs 425.30


Book Max Profits .

TECHNICALS FOR NYMEX TRADE FOR FEB 13 2012

MONDAY

TRADING LEVELS FOR EVENING SESSION


S1 RS 418.80 , S2 RS 415.60 , S3 RS 412


R1 RS 425.80 , R2 RS 428.30 , R3 RS 431.60
TRADING IDEA MCX ZINCM FEB TRADES WEAK BELOW 103.30 RES ABV 104.30 AND CLD TGT 102( LEVELS FOR TRADERS/ MCX COPPER FEB NEXT SUPP NOW AT 420 WEEKLY RES ABV 426.50, BREAK BELOW 420 CLD TEST NEXT SUPPORT 418-417, HOLD SELLS AS PER CALL TODAY AT 425.30 TRAIL SL TO 426.50/
MCX COPPER FEB T1 ACH AT 423 CURRENT LOW 422 OUR T2 IS 421/BOOK MAX PROFITS/SELLS AT 425.30/
LME COPPER UP 750/ALU UP 36825/NICKLE DN 108/LEAD DN 850/ZINC DN 1200/
LME COPPER UP 750/ALU UP 36825/NICKLE DN 108/LEAD DN 850/ZINC DN 1200/
mcx copper strong suppoort now seen at ard 423 levels /mkts cld rebound ..traders advised again keep booking as advised and hold less/if sustains abv 423 cld restest res 427/
mcx copper feb low 423.40 our t1 is 423..sells at 425.30/book further/
mcx copper feb..book part profits upto 424.30 sells at 425.30/
Sell Copper Feb below 425.3 and at 427.3 SL above 429 T1 423 T2 421. High Risk. Trade Less

UPDATES FOR FEB 13 2012

MONDAY

TRADING LEVELS FOR MORNING SESSION


MCX FEB COPPER


S1 RS 422.40 , S2 RS 419.60 ,S3 RS 416.80


R1 RS 426.90 , R2 RS 429.40 , R3 RS 432.60
GM FEB 13: COMMODITIES OPEN HIGHER AFTER GREEK PARLIAMENT PASSES AUSTERITY MEASURES/GOLD$1726 SUPP 27880 RES 28250,SILVER$33.80 RES 57380-57500 SUPP 56500-200 EXP OPEN MCX ARD 57100/CRUDE SHARPLY HIGH $99.70 MCX ARD 4965 RES 4985 SUPP 4880/COPPER OPEN ARD 0.40% MCX ARD 426 RES 428-430 SUPP 420/US DOLLAR INDEX 78.83/

Saturday, February 11, 2012

GM WEEKENDED FEB 10/COMM ENDED SHARPLY LOWER ON EURO CRISI NOT GETTING RESOLVED EVEN AS GREECE PARLIAMENT PASSED BUDGET CUTTING MEASURES LATE NIGHT,EURO CLOSES SHARPLY LOWER,US DOLLAR INDEX UP AT 79/GOLD $1722SUPP 27900 RES 28150/ SILVER$33.58 SUPP 56200 RES 57350/CRUDE$99/BASE METALS CLOSE SHARPLY LOWER COPPER SUPP 420 RES 428/
GM WEEKENDED FEB 10/COMM ENDED SHARPLY LOWER ON EURO CRISI NOT GETTING RESOLVED EVEN AS GREECE PARLIAMENT PASSED BUDGET CUTTING MEASURES LATE NIGHT,EURO CLOSES SHARPLY LOWER,US DOLLAR INDEX UP AT 79/GOLD $1722SUPP 27900 RES 28150/ SILVER$33.58 SUPP 56200 RES 57350/CRUDE$99/BASE METALS CLOSE SHARPLY LOWER COPPER SUPP 420 RES 428/

Friday, February 10, 2012

TECHNICALS FOR NYMEX TRADE FOR FEB 10 2012

FRIDAY

TRADING LEVELS FOR EVENING SESSION

S1 RS 429.60 ,S2 RS 426.30 , S3 RS 423

R1 RS 435.60 , R2 RS 438 , R3 RS 441.50
Buy Copper Feb above 434 and at 432 SL below 430.8 T1 437 T2 440. Positional.

UPDATES FOR FEB 10 2012

FRIDAY

TRADING LEVELS FOR MORNING SESSION


MCX FEB COPPER


S1 RS 430.50 , S2 RS 427.10 , S3 RS 425/.50



R1 RS 436.70 , R2 RS 440 , R3 RS 443.80
GM FEB 10; GOLD $1734 SILVER433.96 SUPP 56600 RES 57800 BULLIONS OPEN FLAT,HOLD GOLD LONGS AS PER CALL LAST NIGHT/CRUDE$99.50 SUPP 4880 RES 4950-80 NAT GAS OPENS MILD UP/COPPER OPENS DOWN ARD 0.50%MCX ARD 432.50-433 SUPP429 RES 436/ZINCM ALUM LEADM NICKM ALL POSITIVE

Thursday, February 9, 2012

MARKET ALERT ON FEB 9 THURSDAY 9.30 PM IST


MCX Feb Copper Tgt 1 Achieved at Rs 432.50


Also approaching Tgt 2 at Rs 434

High Rs 433.20

Buys at Rs 428.50


Book Profits .
MARKET ALERT ON FEB 9 THURSDAY 8.15 PM IST

MCX Feb copper still remain positive above Rs 430 ,

with sl below Rs 428.50

for Tgts 432.80 / 434 .

Levels For Traders

MCX Feb Copper Tgt 2 Achieved at Rs 430


Buys at Rs 424.60

TECHNICALS FOR NYMEX TRADE FOR FEB 9 2012

THURSDAY


TRADING LEVELS FOR EVENING SESSION


S1 RS 423.80 , S2 RS 420.40 , S3 RS 417.20

R1 RS 429.80 , R2 RS 433.50 , R3 RS 436.60
MCX COPPER FEB AT HIGH 426.95//BUYS AT 424.60/
MCX COPPER FEB AT HIGH 426.30 BUYS AT 424.60/BOOK FURTHER/
LME COPPER DN 2750/NICKEL UP138/ALUDN 3775/LEAD UP6450/ZINC DN 1375/
MCX COPPER FEB ..MILD WEAK NESS WL BE SEEN IF SUSTAINS BELOW 423.90 WITH RES ABV 426 AND CLD TEST 422.50-421.80//LEVELS ONLY//HOLD ONLY MINIMUM LOTS,OR EXIT SOME LOTS AT COST IF NOT PART BOOKED
MCX COPPER FEB BOOK PART PROFITS AT 425.60-426 BUYS ARD 424.60/CMP 425.80/
Buy Copper Feb between 424.4 - 424.8 and at 422 SL below 420.8 T1 428 T2 430. High Risk. Low risk prefer Minis
GM FEB 9:ALL COMM CAME OFF HIGHS LAST NIGHT ON TECHNICAL PROFIT BOOKING,NO FUNDAMENTAL NEWS/MEMBERS ADVISED TO KEEP BOOKING WHEN WE GIVE ALERTS, BUT STILL WE PREFER ALL COMM LOOK POSITIVE FOR BUY ON DIPS/GOLD$1729 SUPP 27800 RES 28280 SILVE$33.93 OPEN FLAT SUPP 56600 RES 57500/CRUDE$98.75 SUPP 4820 RES 4920/COPPER OPENS MILD DOWN SMCX ARD 423.50 SUPP 420 RES 427/NAY GAS OPENS FLAT/

Wednesday, February 8, 2012

TECHNICALS FOR NYMEX TRADE FOR FEB 8 2012

WEDNESDAY


TRADING LEVELS FOR EVENING SESSION


S1 RS 421.50 , S2 RS 417.80 , S3 RS 414.30

R1 RS 428 , R2 RS 431.50 , R3 RS 434.60
MCX COPPER FEB UPDATE: TRADES POSITIVE ABV 425 WITH SUPPORT AT 423.60 AND CLD TGT 426.30-427.50/LEVELS FOR TRADERS/
LME COPPER DN 3650/ALU DN 12175/NICKEL UP252/LEAD DN 25/ZINC DN 1725/
Copper looks to test 425 - 426 of strong res. Sup seen at 420, buying on supports can be advisible.

UPDATES FOR FEB 8 2012

WEDNESDAY


TRADING LEVELS FOR MORNING SESSION

MCX FEB COPPER


S1 RS 418.10 ,, S2 RS 414 ,S3 RS 410.30


R1 RS 423.60 , R2 RS 427 , R3 RS 429.80
GM FEB 8:GOLD $1746 RES $1760 MCX 28480 SUPP 1720$SILVER $34.10 OPENS FLAT SILVER SUPP NOW 56700 RES 57600-57950 RES DOLLAR TERMS $34.50/CRUDE$98.77 RES 4900 SUPP 4820/NAT GAS OPENS FLAT/ COPPER FLAT RES 424 SUPP 418/NICKEL RES 1068 SUPP 1048/US DOLLAR INDEX 78.60/

Tuesday, February 7, 2012

TECHNICALS FOR NYMKEX TRADE FOR FEB 7 2012

TUESDAY

TRADING LEVELS FOR EVENING SESSION


S1 RS 412.30 , S2 RS 408.80 , S3 RS 405.60

R1 RS 418.80 , R2 RS 421.60 , R3 RS 424
MCX COPPER FEB LOW 414.80 SELLS AT 416.70/APP T1 AT 414/BOOK FURTHER/
MCX COPPER FEB AT LOW 415.20 SELLS AT 416.70 BOOK FURTHER/
LME COP DN 3150/NICKEL DN 600/ALU DN 450/ZINC UP 2850/LEAD UP 1250/
LME COP DN 3150/NICKEL DN 600/ALU DN 450/ZINC UP 2850/LEAD UP 1250/
LME COP DN 3150/NICKEL DN 600/ALU DN 450/ZINC UP 2850/LEAD UP 1250/
LME COP DN 3150/NICKEL DN 600/ALU DN 450/ZINC UP 2850/LEAD UP 1250/
MCX COPPER FEB..LOW RISK TRADERS BOOK AT 415.90 SELLS UPTO 416.70/
Sell Copper Feb at 416.5 - 416.7 SL above 418.5 T1 414 T2 412. Trade Less

UPDATES FOR FEB 7 2012

TUESDAY


TRADING LEVELS FOR MORNING SESSION


MCX FEB COPPER


S1 RS 416.60 , S2 RS 414/10 , S3 RS 410.30


R1 RS 420.50 , 422.60 , R3 RS 425
gm feb 7/CRUDE$97.33 OPENS MILD POSITIVE / NAT GAS OPENS UP ARD 1%/GOLD $1723 MILD UP/SILVER$33.72 MILD UP SUPP 55800 RES 56700-56950/COPPER OPENS FLAT SUPP 416 RES 421-423.80/ DOLLAR INDEX 79.09/NICKEL LAST NIGHT HIGH 1062 BUYS AT 1037 RES 1068-76 SUPP 1048COPPER HIGH LAST NIGHT 420.45 BUYS ARD 418.25/
update at 10.20pm feb 6/

mcx copper at high 420.40 buys at 418.25( 2 lots)/intrday traders book profits/

Monday, February 6, 2012

MARKET ALERT ON FEB 6 MONDAY 9.50 PM IST


MCX Feb Copper approaching Tgt 1 at Rs 421

Current High Rs 420.45

Average buy 2 lots at Rs 418.45


Book Profits .
MCX COPPER FEB NEXT WEKNESS IF SUSTAINS BELOW 416 WITH RES ABV 419 AND CLD TEST NEXT SUPPORTS 414.50-413/LEVELS//

TECHNICALS FOR NYMEX TRADE FOR FEB 6 2012

MONDAY


TRADING LEVELS FOR EVENING SESSION


S1 RS 417.20 , S2 RS 415 , S3 RS 412.40

R1 RS 421.10 , R2 RS 423.90 , R3 RS 426.50
LME COPPER DN 2950/ALU UP 30525/NICKEL DN 6/LEAD DN 500/ZINC DN 1000/
MCX COPPER NEXT UPMOVE BREAK ABV 419.85 SUPP 416.20//CMP 418//
BASE METALS TRADES WITH MILD WEAK BIAS DUE INR STENGTHENING..COPPER FACES RES ARD 419-419.80 SUPP AT 417-416.509//HOLD MINIMUM LOTS..LOW RISK PREFER TRADE MINIS /
: Buy Copper Feb above 419 and at 417.5 SL below 416 T1 421 T2 423. Medium Risk.

UPDATES FOR FEB 6 2012

MONDAY

TRADING LEVELS FOR MORNING SESSION

MCX FEB COPPER


S1 RS 416.95 , S2 RS 414.05 , S3 RS 410.65


R1 RS 421.15 , R2 RS 423.75 , R3 RS 426.65
GM /CRUDE $97.25 OPENS LOWER ARD RS 25 SUPP 4730 RES 4810/NT GAS OPENS LOWER ARD 1%/GOLD$1734 OPENS MARGINALLY HIGHER SILVER $33.69 OPENS FLAT RES 56850 SUPP 55700/COPPER OPENS DOWN ARD .40% RES 421-423 SUPP 416/US DOLLAR INDEX OPEN STRONGER T 79.30/WATCH OUT INR OPEN FOR MCX OPEN DIRECTION//

Friday, February 3, 2012

MRKT ALERT

LME - COPPER -2575, ALUMINIUM -3500, NICKEL -1326, LEAD +5300, ZINC -1350

MRKT ALERT

MCX Feb Copper app T2 at 409., low 409.7 sell given at 413.3 - 413.6.

MRKT ALERT

MCX Feb Copper T1 achieved at 411, Sell given at 413.3 - 413.6.

MRKT ALERT

Book part profits upto 412.3 in Copper sell call at 413.3 - 413.6

MRKT ALERT

Sell Copper Feb between 413.3 - 413.6 and at 415 SL above 416.6 T1 411 T2 406

Thursday, February 2, 2012

MRKT ALERT

MCX Feb Copper T1 achieved at 418. Buy given above 416.

MRKT ALERT

MCX Feb Copper book part profits upto 417, buy given at 416..

MRKT ALERT

Buy Copper Feb above 416 SL below 414 T1 418 T2 420. Medium Risk.

Wednesday, February 1, 2012

MRKT ALERT

MCX Copper Feb low 413.85, against our T1 413, Sell given below 415.5.
Sell Copper Feb below 415.5 SL above 417.5 T1 413 T2 411. Trade Less

UPDATES FOR FEB 1 2012

WEDNESDAY

TRADING LEVELS FOR MORNING SESSION

MCX FEB COPPER


S1 RS 414.60 , S2 RS 410 , S3 RS 406.50


R1 RS 420 , R2 RS 423.60 , R3 RS 427.80
gm feb 1/poor us economic datas dragged mkts down last night/GOLD$1739 SILVER$33.23 SUPP 56000 RES 56800-57100/CRUDE$98.77 WEEKLY RES AT 5015 SUPP 4870/COPPER OPENS FLAT SUPP 415 RES 421/US DOLLAR INDEX 79.31//
MKT CLOSE JAN 31

MCX COPPER FEB T2 ACH AT 415.50 SELLS BELOW 422