MARKET ALERT ON OCT 30 FRIDAY 10.45 AM IST

MCX Nov Crude now has support at Rs 3750

Res can be seen at Rs 3780 / 3800

UPDATES FOR OCT 30 2009

OCT 30 FRIDAY

TRADING LEVELS FOR MORNING SESSION.

S1 RS 3742 , S2 RS 3715 , S3 RS 3690

R1 RS 3784 , R2 RS 3810 , R3 RS 3845

WAIT FOR CONFIRMATION .

CLOSING COMMENTARY FOR OCT 29 THURSDAY

Crudeoil prices bounced sharply from the lower band of

prices and very strong sup of 3650 levels. Prices

trading positive now after breaking the key res of

3750. Prices now heading towards 3800 and more highs

possible above the strong sup of 3750 levels.

Res is seen around 3800.

MARKET ALERT ON OCT 29 THURSDAY 6.15 PM

After the realease of US GDP Data trade seems to be recersing.

Crude oil NOv could test up to Rs 3728

support seen at Rs 3660 .

cmp Rs 3690 .

MARKET ALERT ON OCT 29 THURSDAY 5.50 PM IST

MCX Nov Crude looks weak below Rs 3660

Res is seen above Rs 3690

support is seen at Rs 3620 and 3600.

MCX NOV CRUDE UPDATE: WEAK BELOW 3690 SUPPORTS 3650/3630

RES 3730 ( LOOKS WEAK TO TEST SUPPORTS)

CRUDEOIL INVENTORY
EXPECTED 1.6M PREVIOUS 1.3M ACTUAL 0.8m

TECHNICALS FOR NYME XTRADING OCT 28

MCX NOV CRUDE

SUPP; 3703/3676/3652

RES: 3756/3774/3798

WAIT FOR CALLS

EXP CRUDE INVENTORY: UP 1.8 MB/DISTILLATE DN 1.1 MB/

GASOLINE DN 0.8MB/ACTUALS AT 8 PM.

UPDATES FOR OCT 28 2009

OCT 28 WEDNESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 3682 , S2 RS 3656 , S3 RS 3632

R1 RS 3742 , R2 RS 3774 , R3 RS 3798

WAIT FOR CONFIRMATION .

CLOSING COMMENTARY FOR OCT 27 TUESDAY

Crudeoil prices continuous its high volatile movement.

Prices now trading positive above near the 3750 levels.

A break and close above this level could have again

buying till 3800 levels. Selling also may come around

these levesl so wait for confirmation 3750

should be watched.

MARKET ALERT ON OCT 27 MONDAY 12.50 PM IST

MCX Nov Crude is weak below Rs 3685 , It cld test

Rs 3652 levels with Res above Rs 3710 .

( High risk traders can operate with these levels )

UPDATES FOR OCT 27 2009

OCT 27 TUESDAY

TRADING LEVELS FOR MORNING SESSION .

S1 RS 3675 , S2 RS 3652 , S3 RS 3630

R1 RS 3735 , R2 RS 3774 , R3 RS 3798

WAIT FOR CONFIRMATION .

CLOSING COMMENTARY FOR OCT 26 MONDAY

Crude oil prices highly volatile between 3650 - 3800.

Prices trading between huge gap. Strong sup is at

3650 levels and res seen at 3740 - 3750 levels. A

close below 3700 could be negative for prices till

3630 - 3600 levels.

Highly volatile market.

NOV CRUDE UPDATE: UNABLE TO BREAK DOWN SUPPORTS CLD

TEST RES 3750/3770 WITH SUPPORT BELOW 3700( STRONG RES 3750/3784)

MCX Crudeoil Nov gaining some short term momentum as

Base metals gaining up. Selling could come in the

evening session. High risk traders holding Crudeoil

could have sl of 3750 levels.

SELL Mcx Nov Crude Sell at 3720-3725 SL abv 3750 TGT 3685

UPDATES FOR OCT 26 2009

OCT 26 MONDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 3700 , S2 SR 3675 , S3 RS 3642

R1 RS 3756 , R2 RS 3798 , R3 RS 3816

WAIT FOR CONFIRMATION .

CLOSING COMMENTARY FOR OCT 23 FRIDAY

Crude oil prices trading between yesterday prices

betweeen 3730 - 3790. Prices above the strong res

of 3800 could be more positive for prices till 3900

levels. A break and close below 3700 could have some

correction till 3650 - 3600 lvls.

Overall looks firm.

MARKET ALERT ON OCT 23 FRIDAY 3.10 PM IST

MCX Nov Crude oil now has support below Rs 3760 ,

Res is seen at Rs 3802. CMP Rs 3782.

Could test Res .

UPDATES FOR OCT 23 2009

OCT 23 FRIDAY

TRADING LEVELS FOR MORNING SESSION .

S1 RS 3732 , S2 RS 3712 , S3 RS 3686

R1 RS 3795 , R2 RS 3815 , R3 RS 3846

WAIT FOR CONFIRMATION .

CLOSING COMMENTARY FOR OCT 22 THURSDAY

Crude oil prices corrected a bit from its high of

3800 levels. Prices may have some correction till

3700 -3650 levels. Prices could bounce back again

after testing the sup levels. Overall looks firm

above the strong level of 3650 levels. Could test

more highs above this.

MKT ALERT 5.50 PM

MCX NOV CRUDE : TRADERS HOLDING LONGS AS PER OUR RECOMMENDED

LEVEL 3755 BOOK PART PROFUTS UPTO 3775.

MCX NOV CRUDE OIL UPDATE: BULLISH ABV 3755 WITH SUPPORTS

AT 3735 AND CLD TEST 3796/38159 TRADERS CAN OPERATE WITH

THESE LEVELS)

CLOSING COMMENTARY FOR OCT 21 WEDNESDAY

Crudeoil prices spiked to a new high after it sustained

above 3600 a strong sup. Prices went up sharply nearly 4%.

Prices looks firm above 3650 and could test more highs

till 3850 - 3900 levels. Strong sup is seen around

3700 - 3650.

MARKET ALERT ON OCT 21 WEDNESDAY 8.15 PM IST

MCX Oct Crude looks positive at CMP Rs 3700

it cld test Rs 3750

support seen at Rs 3655.

MCX NOV CRUD E WEAK BELOW 3630 CLD TEST 3610/3588 RES ABV 3660( LEVELS)

UPDATES FOR OCT 21 2009

OCT 21 WEDNESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 3636 , S2 RS 3605 , S3 RS 3575

R1 RS 3692 , R2 RS 3715 , R3 RS 3747

WAIT FOR CONFIRMATION .

MCX NOV CRUDE UPDATE: TRADING AT SUPPORTS 3660, A BREAK

OF WHICH CLD TEST SUPPORT 3640 TO 3635 WITH RES ABV 3700.

( LEVELS ONLY)

TECH NICALS FOR OCT 20 NYMEX TRADING

MCX NOV CRUDE

SUPP:3642/3615/3585

RES; 3695/3715/3740

PREFR LONGS AT SUPPORTS

MCX NOV CRUDE FACING STRONG RES AT 3695 TO 3700/AVOID POSITIONS FOR NOW.

CLOSING COMMENTARY FOR OCT 19 MONDAY

Crude oil prices trading very thin between its res

levels. Strong res is seen around 3650 levels. Prices

have strong sup of 3610 and correction could

expected below this. Prices below this could drop

to 3560 levels.

Caution advised on longs.

MCX NOV CRUDE UPDATE; MOMEMTUM NOT COMING IN DUE FIRST MONTH

EXPIRY/LOW RISK TRADERS EXIT CLOSE TO COST(3649 TO 3653)

/HIGH RISK TRADERS HOLD ASPER LEVELS GIVEN CMP 3650.

Mcx Nov Crude Buy Abv 3660 SL 3630 TGT 3700 CMP: 3653

MKT ALERT AT 5 PM OCT 19

MCX OCT CRUDE EXPIRY TODAY: SELLING CLD COME BELOW 3610

AND STRONG RES AT 3650.

TECHNICALS FOR OCT 19

MCX OCT CRUDE OIL

SUPP; 3610/3585/3542

RES: 3672/3695/3720

PREFER LONGS AT SUPPORTS

TECH FOR OCT 16

MCX OCT CRUD EOIL

SUPP: 3524/3495/3460

RES:3576/3610/3641

PREFER LONGS AT SUPPORTS

Crudeoil prices went up sharply breaking all the res

above 3500 levels. Prices have some strong res around

3550 and above could test more highs till 3600.

Correction expected at higher levels so caution advised

on longs at these levels. Buy on dips advised. STrong sup

is now seen at 3490 levels.

MARKET ALERT ON OCT 15 9.20 PM IST

MCX Oct Crude cmp Rs 3518 , Low risk traders can

book part profits, others can hold for tgts given.

Buy was given at Rs 3490 .

MARKET ALERT ON OCT 15 THURSDAY 8.45 PM IST

MCX Oct Crude now has support at Rs 3460

Res can be seen at rs 3490

could test Res .

MARKET ALERT ON OCT 15 THURSDAY 8.30 PM IST

Crude oil Inventories up 0.40 m VS

1.0 M

Distillate down 1.1 mnb

Gasoline down 5.2 mnbrl

CRUDEOIL INVENTORY : EXP UP 0.7MB/ NAT GAS INV EXP UP 52 BCF

TECHNICALS FOR OCT 15

MCX OCT CRUDE

SUPP;3425.3395/3360

RES: 3476/3498/3526

WAIT FOR CALLS

TECHNICALS ROR NYMEX TRADING OCT 14

MCX PCT CRUDE OIL

SUPP;3425/3395/3360

RES; 3478/3496/3525

PREFER LONGS AT SUPPORTS

TECHNICALS FOR OCT 14

MCX OCT CRUDE

SUPP:3395/3360/3336

RES:3456/3478/3498

WAIT FOR CALLS

TECHNICALS FOR NYMEX TRADING OCT 13

MCX OCT CRUDE

SUPP;3385/3360/3346

RES; 3432/3466/3490

PREFER LONGS AT SUPPORTS

CLOSING COMMENTARY FOR OCT 12 MONDAY

Crudeoil prices went up with open low and prices

trading firm above the strong level of 3360 levels.

Prices went up as expected and still could test

more highs till 3450 - 3480 levels if sustains

above this level of 3360 - 3380.

Strong sup is at 3360.

MKT ALERT AT 5.25 PM OCT 12

MCX OCT CRUDE : BOOK FURTHER PROFITS AT CMP 3410 ( BUY GIVEN AT 3374).

MKT ALERT AT 5 PM OCT 12

MCX OCT CRUDE : LOW RISK TRADERS BOOK PROFITS AT 3397( BUY GIVEN AT 3374).

TECHNICALS FOR NYMEX TRADING OCT 12

MCX OCT CRUDE OIL

SUPP: 3372/3348/3320

RES; 3425/3466/3485

PREFER LONGS AT SUPPORTS

MKT ALERT AT 2.35 PM OCT 12

MCX OCT CRUDE OIL: LOW RISK TRADERS BOOK PART PROFITS AT

CMP 3386( BUY GIVEN AT 3374)/OTHERS HOLD FOR LEVELS.

Call Update

MARKET ALERT ON OCT 12 MONDAY 1.45 PM IST



MCX Crudeoil Oct looks strong between 3374 - 3378

support below 3340

Res 1 3420

Res 2 3450 .

Call Update

Buy Crudeoil Oct betwn 3374 - 3378 SL below 3340 T1 3420 T2 3450 ( BC)

UPDATES FOR OCT 12 2009

OCT 12 MONDAY

TRADING LEVELS FOR MORNING SESSION .

S1 RS 3320 , S2 RS 3285 , S3 RS 3256

R1 RS 3372 , R2 RS 3401 , R3 RS 3426

WAIT FOR CONFIRMATION .

CLOSING COMMENTARY FOR OCT 9 FRIDAY

Crude oil prices came down initially but managed to

get into green. Strong res is seen 3350 -3370. Prices

above this could see prices testing 3420 - 3450 levels.

Storng sup seen around 3260 - 3250 levels.

TECHNICALS FOR NYMEX TRADE FOR OCT 9 2009

OCT 9 FRIDAY

TRADING LEVELS FOR EVENING SESSION .

S1 RS 3305 ,S2 RS 3278 , S3 RS 3256

R1 RS 3347 , R2 RS 3364 , R3 RS 3393

WAIT FOR CONFIRMATION.

UPDATES FOR OCT 9 2009

OCT 9 FRIDAY

TRADING LEVELS FOR MORNING SESSION.

S1 RS 3303 , S2 RS 3280 , S3 RS 3256

R1 RS 3264 , R2 RS 3387 , R3 RS 3412

WAIT FOR CONFIRMATION .

TECHNICALS FOR NYMEX TRADING OCT 8

MCX OCT CRUDE OIL

SUPP; 3236/3205/3183

RES; 3277/3298/3326

PREFRE SELLS AT RES

MCX CRUD EOIL UPDATE: UNABLE TO BREAK RESISTANCE CLD

MOVE DOWN BELOW 3260 AND TEST 3236/3218 LEVELS WITH

RES ABV 3278.

UPDATES FOR OCT 8 2009

OCT 8 THURSDAY

TRADING LEVELS FOR MORNING SESSION .

S1 RS 3207 , S2 RS 3183 , S3 RS 3146

R1 RS 3263 , R2 RS 3281 , R3 RS 3310

WAIT FOR CONFIRMATION .

Crude oil prices dropped after inventories came and cant

able to sustain at higher levels of 3360. Prices now could

test sup of 3210 - 3180 levels. Overall high volatile

movement seen. Price have strong sup fo 3250 below

that could test the sup levels.

US Crude Oil Inventories Update: Act Down 1 Mbrls

(Exp +2 Mbrls, Prv +2.8 Mbrls)

EXP CRUDE INVENTORY UP 2.2MB,DISTILLATE UP0.3 MB,GASOLINE UP1.0MB

TECHNICALS FOR NYMEX TRADING OCT 7

MCX OCT CRUDEOIL

SUPP; 3303/3285/3256

RES: 3353/3378/3410

WAIT FOR CALLS

UPDATES FOR OCT 7 2009

OCT 7 WEDNESDAY

TRADING LEVELS FOR MORNING SESSION .

S1 RS 3290 , S2 RS 3256 , S3 RS 3220

R1 RS 3348 , R2 RS 3372 , R3 RS 3400

WAIT FOR CONFIRMATION .

Crudeoil prices trading very narrow and trading

range bound between 3320 - 3350 levels. Either break

out and close could decide further trend. A close and

break above 3370 could test highs of 3420 - 3470 levels.

A break below 3320 could be negative for prices. Wait and watch.

TECHNICALS FOR NYMEX TRADING OCT 6

MCX OCT CRUDE OIL

SUPP: 3325/3290/3245

RES; 3375/3392/3425

WAITFOR CALLS

MKT ALERT AT 3 PM OCT 6

MCX Oct Gasoline Buy at 83.60-65 Sl blw 83.10 TGT 84.45

HIGH RISK CALL.

MKT ALERT AT 2.50 PM OCT 6

MCX OCT CRUDE OIL; TRADERS HOLDING LONGS BOOK FURTHER

PROFITS AT 3370/OTHERS HOLD FOR FINAL TGT.( BUY GIVEN

AT 3345 TO 3348)

MARKET ALERT ON OCT 6 TUESDAY 1.35 PM IST

MCX Oct Crude low risk traders book part profits up

to RS 3360 ,

Buy was given at Rs 3348.

MKT ALERT AT 12 NOON OCT 6

MCX OCT CRUDE UPDATE: BULLISH ABV 3348 WITH SUPPORT BELOW

3325 AND CLD TEST 3380- LEVELS.

UPDATES FOR OCT 6 2009

OCT 6 TUESDAY

TRADING LEVELS FOR MORNING SESSION ,

S1 RS 3321 , S2 RS 3290 , S3 RS 3245

R1 RS 3375 , R2 RS 3396 , R3 RS 3425

WAIT FOR CONFIRMATION

Crudeoil dropped again from the strong res of around

3350 levels. Prices seems high volatile betweenn 3200

- 3350 levels.Now prices heading towards 3220 - 3200

\levels and around 3180 levels could take support.

Wait for confiramation

MARKET ALERT ON OCT 5 MONDAY 8.30 PM IST

MCX Oct Crude now has support at Rs 3205

Res can be seen at Rs 3305 levels

CMP Rs 3260

could test support .

MARKET ALERT ON OCT 5 MONDAY 6.00 PM IST

MCX Oct Crude Target achieved at Rs 3290.

Sell was given a Rs 3316 to 3318.

MKT ALERT AT 5.20 PM OCT 5

MCX OCT CRUDEOIL: APPROACHING TGT 3290/BOOK FULL PROFITS

AT 3290 TO CMP 3296.( SELL GIVEN AT 3315 TO 3318).

TECHNICALS FOR NYMEX TRADE FOR OCT 5 2009

OCT 5 MONDAY

TRADING LEVELS FOR EVENING SESSION .

S1 RS 3290 , S2 RS 3256 , S3 RS 3218

R1 RS 3327 , R2 RS3358 , R3 RS 3382

WAIT FOR CONFIRMATION .

MARKET ALERT ON OCT 5 MONDAY 4.00 PM IST

MCX Oct Crude low risk traders book part profits at

CMP Rs 3304 .

Sell was at Rs 3315 to 3318.

MARKET ALERT ON OCT 5 MONDAY 3.00 PM IST

Mcx Oct C.oil looks weak at 3315-3318

Res is seen abv: 3334

support: 3290

MARKET ALERT ON OCT 5 MONDAY 1.00 PM IST

Mcx Oct Crude Book Profits At 3318 to 3316

Cmp: 3318 Shorts advised at 3337.

MKT ALERT AT 12.55 PM OCT 5

MCX OCT CRUD EOIL: LOW RISK TRADERS BOOK PART PROFITS AT

3326/OTHERS HOLD FOR LEVELS.

MKT ALERT AT 10.40 AM OCT 5

MCX Oct Crude Sell At CMP 3337 SL abv 3352 TGT 3312

Trade less volumes

UPDATES FOR OCT 5 2009

OCT 3 MONDAY

TRADING LEVELS FOR MORNING SESSION .

S1 RS 3310 , S2 RS 3286 , S3 RS 3260

R1 RS 3362 , R2 RS 3405 , R3 RS 3446

WAIT FOR CONFIRMATION .

CLOSING COMMENTARY FOR OCT 1 THURSDAY

Crudeoil prices went up intially with yesterday gain.

Prices went up to strong res of 3400 as expected.

Prices came down now again to the opn levels. prices

looks bullish on a close of above 3320 - 3330 levels.

Prices need to close above 3360 - 3370 to reach 3450

levels. Overall looks bullish above 3350 .

MARKET ALERT ON OCT 1 THURSDAY 8.10 PM IST

MCX Oct crude oil now has support below Rs 3363 ,

Res is seen at s 3410. CMP Rs 3391. .

Could test Res.(For levels only)

MARKET ALERT ON OCT 1 THURSDAY 6.45 PM IST

Mcx Oct C.oil TGT extended Upto:3435

earlier TGT: 3410

Amend Stops to Below 3369 .

MARKET ALERT ON OCT 1 THURSDAY 6.40 PM IST

Mcx Oct C.oil TGT Extended upto:3410, low risk traders

Book profits at 3378-3380, Others Amend Stops to Cost.

Longs Advised at 3355-3352 .

MCX OCT CRUDE : LOW RISK TRADERS BOOK PROFITS AT 3365

TO 3369( BUY AT 3355)/OTHERS HOLD FOR TGT AND TRAIL

STOPLOSS BELWO COST.

MARKET ALERT ON OCT 1 THURSDAY 6.15 PM IST

Mcx Oct C.oil looks strong at 3355 - 3352

Support is seen : below: 3335

Res i seen at Rs 3380 .

TECHNICALS FOR NYMEX TRADE FOR OCT 1 2009

OCT 1 THURSDAY

TRADING LEVELS FOR EVENING SESSION.

S1 RS 3320 , S2 RS 3286 , S3 RS 3258

R1 RS 3378 , R2 RS 3396 , R3 RS 3425

WAIT FOR CONFIRMATION.

UPDATES FOR OCT 1 2009

OCT 1 THURSDAY

TRADING LEVELS FOR MORNING SESSION .

S1 RS 3305 , S2 RS 3286 , S3 RS 3260

R1 RS 3362 , R2 RS 3387 , R3 RS 3425

WAIT FOR CONFIRMATION .