APRIL CRUDE IS WEAK AND CLD TEST 2400

LEVELS RES AT 2480

update

traders holding shorts in crude please take

care as likely to test resistance at 2545,

support now at 2485

UPDATES

traders continuing to hold short in crude

revise stoploss to 2530, and hold for tgt

2480, 2450

april crude is weak below 2495, res at

2530 and cld test 2450 levels.

UPDATES

TECHNICALS FOR MARCH 31

MCX APRIL CRUDE OIL

SUPP:2465, 2425, 2390

RES ; 2565., 2614, 2648

PREFER SHORTS AT RESISTANCES

UPDATE

MARKET ALERT AT 9.45 PM MARCH 30

MCX APRIL CRUDE CMP 2530, TESTED

ALL SUPPORTS AS FORECST EARLY THIS MORNING.

MARKET ALERT ON MARCH 30 MONDAY 9.20 PM IST

Full profits achieved at RS 2650 in our recommended

sell crude this afternoon at Rs 2600 levels.

april crude cmp 2600 support 2560/ 2542,

resistance at 2634, likelto to test supports.

TRADERS HOLDING SHORTS IN CRUDE RECOMMENDED

AT 2614, BOOK FULL PROFITS AT 2585, WAIT

FOR FRESH ENTRY.

UPDATES

april crude looking weak below 2614 res

at 2650, supports 2570, 2530, likely

to test supports

UPDATES

TECHNICALS FOR MARCH 30

MCX APRIL CRUDE

TREND ; SIDEWAYS

SUPP; 2620, 2575, 2525

RES; 2575, 2725, 2765

WAIT FOR FOR CALLS

MARKET ALERT ON MARCH 26 FRIDAY 1.45 PM IST

BOOK PARTIAL PROFITS IN CRUDE UP TO RS 2740 OR TRAIL

COST AS STOP LOSS IN OUR BUY CRUDE AT RS 2720.

update

buy mcx crude at 2720 , tgt 2760, sl 2700

UPDATES

TECHNICALS FOR MARCH 27

MCX APRIL CRUDE

TREND ; UP

SUPP: 2690, 2625, 2580

RES ; 2755, 2790, 2825

WAIT FOR FRESH CALLS

MARKET ALERT ON MARCH 25 THURSDAY 76.40 PM IST

MCX APRIL CRUDE FULL TARGETS ACHIEVED AT RS 2738 / 2745

IN OUR BUY GIVEN AT RS 2705. BOOK FULL PROFITS.

MARKET ALERT ON MARCH 25 THURSDAY 5.40 PM

BOOK PARTIAL PROFITS IN CRUDE UPTO RS 2720 OR

TRAIL STOP LOSS TO COST IN OUR BUY CRUD AT RS 2705

UPDATES

TECHNICALS FOR NYMEX TRADING MARCH 26

MCX APRIL CRUDE

SUPP; 2665, 2620, 2580

RES ; 2738, 278-, 2830

WAIT FOR CALLS

MARKET ALERT ON MARCH 25 THURSDAY 2.45 PM IST

MCX APRIL CRUDE COULD TEST RS 2738 ,

IF IT SUSTAINS ABOVE RS 2690

BUY RECOMMENDED AT RS 2705

UPDATE

TECHNICALS FOR MARCH 26

MCX APRIL CRUDE

TREND ; SIDEWAYS

SUPP: 2665, 2620, 2580

RES : 2735, 2785, 2830

WAIT FOR CALLS

crude in now the range 2660 to 2745

CRUDE INVENTORY crude inventory UP 3.3

UPDATES

TECHNICALS FOR NYMEX TRADING MARCH 25

MCX APRIL CRUDE

TREND ; SIDEWAYS

SUPP: 2665, 2620, 2580

RES ; 2725, 2780, 2825

WAIT FOR CALLS; PREFER SHORTS AT RESISTANCES

crude appears weak below 2690 res 2720, supports 2665, 2650

UPDATES

TECHNICALS FOR MARCH 25

MCX APRIL CRUDE

TREND ; SHORT TERM UP

SUPP: 2665, 2620, 2570

RES ; 2720, 2780, 2820

WAIT FOR CALLS " CRUDE DATA TODAY AT 8 PM"

MARKET ALERT AT 5 PM MARCH 24

MCX APRIL CRUDE WEAK MARGINALLY BELOW

2690 AND COULD TEST 2670, 2650 LEVELS,

RESISTANCE SEEN AT 2720

mcx march inr/ $ expected to hit 51, support

at 50.65, cmp 50.78.

heating oil mcx march cmp 74.30, has

resistance at 75.90, and support at 73.50,

looks bullish for these levels

UPDATES ON MARCH 24 2009

MARCH 24 TUESDAY

TREND : UP

S1 RS 2660 , S2 RS 2610 , S3 RS 2575

R1 RS 2730 , R2 RS 2775 , R3 RS 2820

STAY LONG AT SUPPORT.

UPDATE

MARKET ALERT AT 5 15 PM MARCH 23

MCX APRIL CRUDE CMP 2645, IS LIKELY TO

MOVE UP AND TEST 2680 LEVELS, CURRENT

SUPPORT SEEN AT 2620.

UPDATES

TECHNICALS FOR NYMEX TRADING MARCH 23

MCX APRIL CRUDE

TREND ; UP

SUPP ; 2630, 2570, 2505

RES ; 2670, 2735, 2785

HOLD LONGS AT SUPPORTS

UPDATES

TECHNICALS FOR MARCH 23

MCX APRIL CRUDE

TREND ; UP

SUPP ; 2595, 2555, 2475

RES ; 2655, 2695, 2750

HOLD LONGS AT SUPPORTS

MARKET ALERT ON MARCH 20 FRIDAY 7.30 PM IST

BOOK PROFITS IN CRUDE AT RS 2642 , OR TRAIL

COST AS STOP LOSS.

BUY WAS RECOMMENDED ABOVE RS 2600 LEVELS.

MARKET ALERT ON MARCH 20 FRIDAY 6.40 PM IST

MCX April crude could test Rs 2660

and 2685 , if it sustains above Rs 2585.

Buy is recommended above Rs 2620.

UPDATES

TECHNICALS FOR MARCH 20

MCX APRIL CRUDE

TREND ;' SIDEWAYS TO UP

SUPP; 2580, 2525, 2470

RES ; 2655, 2695, 2750

HOLD LONGS

CALL UPDATE

april crude cmp 2619, traders book profits

at cmp ( buy given at 2600)

TRADING CALL

: BUY CRUDE ABOVE RS 2600 , SL RS 2580 ,

TGT RS 2640 2680

UPDATES ON MARCH 20 2009

MARCH 20 FRIDAY

TREND : UP

S1 RS 2575 , S2 RS 2530 , S3 RS 2500

R1 RS 2653 , R2 RS 2685 , R3 RS 2730

STAY LONG AT SUPPORT.

US CRUDE APRIL CONTRACT EXPIRES TODAY, MAY

CONTRACT TRADING AROUND $ 52.

the inr appreciation yesterday by about 2% pinned

down the prices of copper, gold and crude, in all

of which international markets zoomed yesterday

MARKET ALERT ON MARCH 19 THURSDAY 8.35 PM IS

US Natural gas data Actual - 30 . Expected -26

MARKET ALERT ON MARCH 19 8.10 PM IST

MCX April Crude could test Rs 2650 and Rs 2675

if it sustains above Rs2565.

Buy upto Rs 2600

buy crude 2640 to 2645 tgt 2690 sl 2615

UPDATE

traders holding longs in crude as per

our buy call at 2550 book full profits at 2595

UPDATE

traders holding longs in crude as per our

buy book profit or trail stoploss below

cost cmp 2570

UPDATES

TECHNICALS FOR MARCH 19

MCX APRIL CRUDE

TREND ; UP

SUPPORTS ; 2480, 2430, 2400

RES ; 2565, 2595, 2640

HOLD LONGS

UPDATE

MARKET ALERT

CRUDE ZOOMS ABOVE $ 50

GOLDS ZOOMS TO $ 938 IN OVERNIGHT TRADE!

MARKET ALERT ON MARCH 18 WEDNESDAYN 8.00 PM IST

EIA Crude inventory up 2 mnbrls ,

Distillates up 0.1 mnbrls ,

Gasoline up 3.2 mnbrls

UPDATES

TECHNICALS FOR NYMEX TRADING MARCH 18

MCX APRIL CRUDE

TREND ; SIDEWAYS - UP

SUPPORTS ; 2520, 2470, 2415

RES ; 2580, 2645, 2680

WAIT FOR INVENTORY DATA TONITE

UPDATE

crude approaching our first tgt 2575, low

risk traders book profits at 2571 ,

buy at 2545

UPDATE

MARKET ALERT AT 1 PM MARCH 18

MCX APRIL CRUDE OIL CMP 2545, LIKELY

TO TEST 2575, 2600 LEVELS, SUPPORT

SEEN BETWEEN 2510 TO 2520.

UPDATES ON MARCH 18 2009

MARCH 18 WEDNESDAY

S1 RS 2535 , S2 RS 2495 , S3 RS 2460

R1 RS 2610 , R2 RS 2675 , R3 RS 2730

STAY LONG AT SUPPORT.

UPDATES

TECHNICALS FOR NYMEX TRADING

MARCH 17

MCX APRIL CRUDE

TREND ; SIDEWAYS

SUPPORTS ; 2425, 2385, 2310

RES ; 2530, 2580, 2625

WAIT FOR CALLS

MCX APRIL CRUDE CMP 2460 LIKLY TO TEST

2510 LEVSL , SUPPORTS AT 2430.

UPDATES

TECHNICALS FOR MARCH 17

MCX APRIL CRUDE OIL

TREND ; SIDEWAYS

SUPPORTS ; 2395, 2345, 2305

RES ; 2472, 2515, 2555

WAIT FOR CONFIRMATION

UPDATES

TECHNICALS FOR NYMEX TRADING MARCH 16

MCX APRIL CRUDE

TREND : DOWN

SUPPORTS ; 2300, 2255, 2210

RES ; 2370, 2440, 2495

WAIT FOR FRESH CALL

UPDATE

MARKET ALERT AT 1 45 PM MARCH 16

MCX APRIL CRUDE CMP 2425, BOOK FROFITS

IN OUR RECOMMENDED SELL AT 2355.

MARKET ALERT ON MARCH 16 MONDAY 1.10 PM IST

MCX April crude is expectd to test Rs 2325 if

it sustains below Rs 2370.

Sell is advised upto Rs 2355.

UPDATES

TECHNICALS FOR MARCH 16

MCX APRIL CRUDE

TREND ; SIDEWAYS TO DOWN

SUPPORTS ; 2375, 2335, 2275

RES ; 2435, 2495, 2535

EXPECT GAP DOWN OPEN, WAIT FOR FRESH CALL

OPEC agreed to maintain current production quotas,

concerned that a fourth cut since September risked

increasing energy costs during the worst global economy in six decades.

The Organization of Petroleum Exporting Countries,

supplier of about 40 percent of the world’s crude

oil, will aim to complete existing production cutbacks

agreed to late last year and meet again on May 28 to

review policy, Secretary-General Abdalla el-Badri

said after yesterday’s meeting in Vienna.

OPEC members still need to trim about 800,000 barrels

a day to comply with the record output reductions decided

in December after oil slumped more than $100 a barrel

from July’s record. Global inventories have started to

fall, indicating the policy is working. A new cut

threatened a price increase that could harm the economy,

Saudi Arabian Oil Minister Ali al-Naimi said.

Oil futures fell after the OPEC meeting, dropping as

much as $2.40 a barrel, or 5.2 percent, to $43.85 a

barrel in New York. Prior to OPEC’s decision, oil

prices had gained 3.7 percent this year.

MARKET ALERT ON MARCH 13 FRIDAY 10.30 PM IST

MCX April crude may test Rs 2390 , if it sustains

below Rs 2470.

MARKET ALERT ON MARCH 13 FRIDY 7.45 PM IST

Book profits in MCX April crude at CMP Rs 2497.

Buys were recommended at Rs 2481.

MARKET ALERT ON MARCH 13 FRIDAY 7.30 PM IST

MCX April Crude is expected to test Rs 2510 ,

if it sustains above Rs 2460.

Buy around Rs 2481

TECHNICALS FOR EVENING NYMEX TRADE FOR MARCH 13 2009

MARCH 13 FRIDAY

TRADING LEVELS FOR EVENING NYMEX TRADE

S1 RS 2430 , S2 RS 2380 , S3 RS 2310

R1 RS 2460 , R2 RS 2515 , R3 RS 2560

STAY LONG AT SUPPORT

MARKET ALERT ON MAR 13 FRIDAY 5.10 PM

Book profits in April Crude at CMP Rs 2500 .

Longs were advised at Rs 2465

UPDATE

MARKET ALERT AT 3 PM MARCH 13

MCX APRIL CRUDE IS BULLISH ABOVE 2465,

SUPPORT AT 2425, AND RESISTANCES 2490,AND 2515.

MARKET ALERT ON MAR 13 3.00 PM IST

cRUDE weak below Rs 2400 , Resistance is seen at Rs 2425 .

It could test Rs 2370

UPDATE

MARKET ALERT AT10 AM

MCX APRIL CRUDE CMP 2450, LIKELYTO

TEST 2480 LEVELS, SUPPORT AT 2419.

UPDATES FOR MARCH 13 2009

MARCH 13 FRIDAY

TREND : UP

S1 RS 2380 , S2 RS 2335 , S3 RS 2892

R1 RS 2486 , R2 RS 2516 , R3 RS 2560

STAY LONG AT SUPPORT

Dekho aawaz dekar pas hame paoge, aaoge

tanha par tanha na jaoge, dur rehkar bhi

tumhi pe nazar hai meri, Hatho se tham

lenge jab bhi thokar khaoge..

UPDATES

TECHNICALS FOR NYMEX TRADING MARCH 12

MCX APRIL CRUDE

TREND ; DOWN

SUPPORTS ; 2280, 2230, 2180

RES ; 2330, 2385, 2420

HOLD SHORTS

update

MARKET ALERT AT 3.30 PM MARCH 12

MCX APRIL CRUDE OIL CMP 2290 IS LIKELY

TO TEST 2255 LEVELS, RESISTANCE SEEN

AT 2315.

UPDATES

TECHNICALS FOR MARCH 12

MCX APRIL CRUDE

TREND ; DOWN

SUPPORTS ; 2295, 2236, 2200

RES ; 2355, 2386, 2420

WAIT FOR FRESH CALL AS WILL OPEN LOWER

update

MARKET ALERT AT 6 PM MARCH 10

MCX MARCH CRUDE CMP 2485, BOOK PROFITS

OR TRAIL SL BELOW COST, IN OUR BUY CALL

AT 2455.

UPDATES

TECHNICALS FOR NYMEX TRADING MARCH 10

MCX MARCH CRUDE

TREND : UP

SUPPORTS ; 2430, 2400, 2375

RES ; 2510, 2546, 2600

HOLD LONGS

UPDATES ON MARCH 10 2009

MARCH 10 WEDNESDAY

TREND : UP

S1 RS 2390 , S2 RS 2365 , S3 RS 2340

R1 RS 2465 , R2 RS 2520 , R3 RS 2570

STAY LONG AT SUPPORT.

UPDATE

MARKET ALERT AT 11. 30 PM MARCH 9

akshaya: position call : buy mcx march

crude oil at 2400 to 2406 sl below 2336

target 2528 / 2596.

UPDATE

TECHNICALS FOR MARCH 9

MCA MARCH CRUDE

TREND : SIDEWAYS TO UP

SUPPORTS ; 2240, 2180, 2110

RES ; 2390, 2430, 2460

ENTER LONGS AT SUPPORTS

updates

MARKET ALERT AT 4.15 pm CRUDE OIL MAY might test 2345 from this cmp

UPDATES

TECHNICALS FOR MARCH 6

MCX MARCH CRUDE OIL

TREND ; UP

SUPPORTS ; 2256, 2230, 2185

RESISTANCES ; 2345, 2388, 2430

HOLD LONGS

update

market alert at 10 pm

mcx march crude cmp 2270, book profits

or trail stop loss to cost to cost in

our sell call at 2285 to 2290.

MARKET ALERT ON MAR 5 THURSDAY 9.45 PM IST

MCX March crude is epected to test Rs 2230 , if it

sustains below Rs 2318.

UPDATES

TECHNICALS FOR NYMEX TRADING MARCH 5

MCX MARCH CRUDE

TREND ; SIDEWAYS

SUPPORTS ; 2260, 2180, 2110

RESISTANCES ; 2310, 2380, 2430

WAIT FOR CALLS ; MAINTAIN UPWARD BIAS

UPDATE

MARKET ALERT AT 12.30 PM

MCX MARCH HEATING OIL IS BULLISH ABOVE RS.63,

SUPPORT AT 62.30 , LIKELY TO TEST 64.

UPDATE

MARKET ALERT AT 12 NOON

MCX MARCH CRUDE CMP 2325, LIKELY

TO MOVE UP AND TEST 2365, SUPPORT AT 2295.

UPDATES

TECHNICALS FOR MARCH 5

MCX MARCH CRUDE OIL

TREND ; UP

SUPPORTS ; 2240, 2180, 2130

RESISTANCES ; 2310, 2360, 2396

HOLD LONGS

MARKET ALERT ON MAR 5 9.10 PM IST

Crude inventory - 0.7 MBRLS

Expected + 0.9 MBRLS

Gasoline + 0.2 mbrls

Distillate + 1.7 mbrls

UPDATES

TECHNICALS FOR NYMEX TRADE MARCH 4

MCX MARCH CRUDE

SUPPORTS ; 2180, 2110, 2060

RESISTANCES ; 2240, 2290, 2330

WAIT FOR FRESH ENTRY

UPDATE

MARKET ALERT AT 1.33 PM

MCX MARCH CRUDE CMP 2185, BOOK PROFITS OR TRAIL

STOPLOSS TO COST, IN OUR BUY CALL AT 2160.

MARKET ALERT ON MAR 4 WEDNESDAY 10.55 AM IST

MCX March crude is expected to test Rs 2215,

if it sustains above Rs 2129.

Buy is recommended in the range of Rs 2160 to Rs 2162

UPDATES ON MAR 4 2009

MAR 4 WEDNESDAY

TREND : UP

SUPPORT 1 RS 2065 , SUPPORT 2 RS 2030 , SUPPORT 3 RS 1985

RESISTANCE 1 RS 2132 , RESISTANCE 2 RS 2170 , RESISTANCE 3 RS 2210

moral

What's the diff between Complete

& Finished? If you find good wife

u r complete otherwise u r finished

MARKET ALERT ON MAR 3 TUESDAY 7.45 PM IST

As forecasted earlier MCX March crude achieved our first

target of Rs 2172.

Lowv risk traders can book profit or others can trail cost

as trailing stop loss for further target Rs 2208.

MARKET ALERT ON MAR 3 TUESDAY 7.25 PM IST

MCX March Crude oil is expected to test Rs 2172 and

then Rs 2180 , if it sustains above Rs 2120.

UPDATES

TECHNICALS FOR NYMEX TRADING MRCH 3

MCX MARCH CRUDE

TREND ; DOWN

SUPPORTS ; 2075, 2025, 1960

RESISTANCES ; 2160, 2230, 2260

WAIT FOR FRESH CALL

UPDATE

MARKET ALERT AT 2.15 PM

MCX MARCH CRUDE CMP 2115 HAS NEXT

RESISTANCE AT 2165, AND SUPPORT AT 2080.

TRDERS CAN HOLD LONGS ACCORDINGLY.

UPDATES

MARKET ALERT AT 10.15 AM

ADD FRESH SHORTSIN MCX MARCH CRUDE

BELOW 2089 SL ABOVE 2126, TGT 2046.

UPDATE

TECHNICALS FORMARCH 3

MCX MARCH CRUDE OIL

TERND ; DOWN

SUPPORTS : 2075, 2025, 1985

RESISTANCES :2146, 2180, 2210

HOLD SHORTS

MARKET ALERT OM MARCH 2 MONDAY

As forecasted earlier crude touched a low of Rs 2130,

Call was initiated at Rs 2185.

MARKET ALERT ON MAR 2 MONDAY

MCX March is expected to test Rs 2130 , if it sustains below

Rs 2210,

Sell is advised in the range of Rs 2180 to 2185.

update

MARKET ALERT AT 5.20 PM

MCX MARCH CRUDE CMP 2200, TRADERS HOLDING

SHORTS BOOK PROFITS OR TRAIL STOPLOSS

TO COST FOR TARGET 2185.

UPDATES

TECHNICALS FOR NYMEX TRDAING

MARCH 2

MCX MARCH CRUDE

TREND ; SIDEWAYS

SUPPORTS ; 2220, 2160, 2080

RESISTANCES ; 2280, 2330, 2380

HOLD SHORTS

UPDATE

market alert at 2 pm

mcx march crude likely to

test rs. 2205/ 2190 levels, resistance

at 2275.

update

MARKET ALERT AT 12.40 PM

MCX MARCH CRUDE BUY AT 2260, TGT 2315,

SL 2229.

UPDATES

TECHNICALS FRO MARCH 2

MCX MARCH CRUDE

TREND ;UP

SUPPORTS ; 2220,2160, 2080

RESISTANCES ; 2280, 2330, 2380

HOLD LONGS