TECHNICALS FOR NYMEX TRADE FOR JUNE 30 2009

JUNE 30 TUESDAY

TRADING LEVELS FOR NYMEX TRADE

S1 RS 3418 , S2 RS 3385 , S3 RS 3256

R1 RS 3480 , R2 RS 3505 , R3 RS 3546

WAIT FOR CONFIRMATION,.

MARKET ALERT ON JUNE 29 TUESDAY

MCX July crude could test Rs 3525

initial Res is seen at Rs 3510

Support is seen at Rs 3450.

UPDATES

TECHNICALS FOR JUNE30

MCX JULY CRUDE OIL

SUPP; 3415/3385/3256

RES: 3480/3505/3540

PREFER LONGS AT SUPPORTS

MARKET ALERT AT 6.45 PM JUNE 30.

MCX JULY CRUDE IS BULLISH ABOVE 3370 TO 3375 AND CLD TEST 3405 TO 3420 LEVELS, SUPPORTS TA 3340.

TECHNICALS FOR NYMEX TRADE FOR JUNE 29 2009

JNE 29 MONDAY

TRADING LEVELS FOR NYMEX TRADE

S1 RS 3320 , S2 RS 3285 , S3 RS 3254

R1 RS 3380 , R2 RS 3405 , R3 RS 3435

WAIT FOR CONFIRMATION.

UPDATE

MARKET ALERT AT 12 NOON JUNE 29

MCX JULY CRUDE OIL IS WEAK BELOW 3325 AND CLD

TEST 3280/3260 LEVELS,RESISTANCE SEEN ABOVE 3355.

UPDATES FOR JUNE 29 2009

JUNE 29 MONDAY

S1 RS 3320 , S2 RS 3285 , S3 RS 3354

R1 RS 3380 , R2 RS 3405 , R3 RS 3435

WAIT FOR CONFIRMATION.

UPDATES

TECHNICALS FOR NYMEX TRADING JUNE 26

MCX JULY CRUDE OIL

SPP; 3420/ 3390/ 3365

RES: 3460/ 3484/ 3515

PREFER LONGS AT SUPPORTS

MARKET ALERT ON JUNE 26 FRIDAY 12.30 PM IST

MCX July Crude CMP Rs 3452 , Low risk traders can book part

profits and others can hold for tgts given . Buy was

initiated at Rs 3430 to 3435.

MARKET ALERT ON JUNE 26 FRIDAY 11.00 AM IST

MCX july crude looks bullish at CMP Rs 3435

it could test Rs 3475/3500

support is seen at Rs 3400.

UPDATES ON JUNE 26 2009

JUNE 26 FRIDAY

S1 RS 3403 , S2 RS 3375 , S3 RS 3348

R1 RS 3452 , R2 RS 3478 , R3 RS 3505

WAIT FOR CONFIRMATION.

MARKET ALERT AT 7.15 PM JUNE 25

MCX JULY CRUDE : APPROACHING OUR T1 AT 3400, CMP 3392.

BUY GIVEN AT 3365.

RKET ALERT AT 5,45 PM JUNE 25

MCX JULY CRUDE: BOOK PART PROITS AT 3380

IN OUR BUY AT 3365.

UPDATES

TECHNICALS FOR NYMEX TRADING JUNE 25

MCX JULY CRUDE OIL

SUPP; 3330/3300/3280

RES: 3385/ 3405/3420

WAIT FOR CALLS

MARKET ALERT AT 1.45 PM JUNE 25

High Risk Call - Buy Crudeoil July above 3365 SL belw

3330 T1 3400 T2 3420

MARKET ALERT AT 1.30 PM JUNE 25

MCX JULY CRUDE IS TRADING ABOVE SUPPORTS AT 3350 AND

CLD RETEST 3385/3400 LEVELS SUPPORT AT 3335.

UPDATES

TECHNICALS FOR JUNE 25

MCX JULY CRUDE

SUPP: 3317/3285/3264

RES: 3367/3396/3420

WAIT FOR CALLS

MARKET ALERT ON JUNE 24 WEDNESDAY 9.50 PM IST

Traders holding longs in MCX July crude as per buy call

revise stop loss to below 3350 for T2.

MARKET ALERT AT 9 PM JUNE 24

MCX JULY CRUDE T1 ACH AT 3380, IN OUR BUY AT 3335 TO 3340.

UPDATES

TECHNICALS FOR JUNE 24 NYMEX TRADING

MCX JULY CRUDE OIL

SUPP: 3317/3285/3264

RES: 3367/3396/3420

WAIT FOR CALLS

MARKET ALERT ON JUNE 24 WEDNESDAY 2.00 P,M IST

MCX July crude CMP Rs 3356

Low risk traders can book partial profits and others

hold for given targets.

MARKET ALERT ON JUNE 24 WEDNESDAY 12.10 PM IST

MCX Ju;y Crude looks strong at CMP Rs 3335

it could test Rs 3380 / 3420

Support is seen below Rs 3310.

UPDATES

TECHNICALS FOR JUNE24

MCX JULY CRUDE

SUPP;3315/3280/3250

RES: 3376/3405/3435

WAIT FOR CALLS

MARKET ALERT ON JUNE 23 TUESDAY 8.30 PM IST

MCX July crude looks weak below Rs 3265

It could test RS 3230

Res is seen at Rs 3290.

MARKET ALERT AT 5.35 PM JUNE 23

(MCX JULY CRUDE IS BULLISH INTRADAY ABOVE 3305 AND CLD

TEST RES 3345 SUPPORT AT 3278.

UPDATES

TECHNICALS FOR JUNE 23 NYMEX TRADING

MCX JULY CRUDE

SUPP: 3235/3206/3180

RES: 3315/3356/3383

WAIT FOR CALLS

MARKET ALERT AT 2PM JUNE 23

MCX JULY CRUDE IS WEAK BELOW 3275, AND CLD TEST

3250/3230 LEVELS , RES SEEN ABOVE 3305.

UPDATES

TECHNICALS FOR JUNE 23

MCX JULY CRUDE OIL

SUPP: 3265/3246/3210

RES 3315/3356/3383

PREFER SELLS RESISTANCES

UPDATES

TECHNICALS FOR NYMEX TRADING JUNE 22

MCX JULY CRUDE OIL

SUPP; 3330/3295/3270

RES; 3410/3440/3485

PREFER SELLS AT RESISTANCES

market alert at 10.45 am june 22

Crude looks weak below 3360 could test 3320 - 3300,

Res seen around 3390-3400

UPDATES

TECHNICALS FOR JULY CRUDE

JUNE 22

SUPP: 3480/3440/3375

RES: 3520/3565/3590

PREFERLONGS AT SUPPORTS

TECHNICALS FOR NYMEX TRADE FOR JUNE 19 2009

JUNE 19 FRIDAY

TRADING LEVELS FOR NYMEX TRADE

S1 RS 3480 , S2 RS 3440 , S3 RS 3400

R1 RS 3520 , R2 RS 3565 , R3 RS 3590

WAIT FOR CONFIRMATION.

MARKET ALERT AT 4.30 PM JUNE 19

high risk traders Book Profits in mcx July C.oil at

Cmp: 3505& Re enter Abv: 3515 SL: below: 3480 TGT: 3563

Cmp: 3505.

MARKET ALERT AT 4.15 PM JUNE 19

LOW RISK TRADERS HOLDING LONGS IN CRUDE BOOK PROFITS

UPTO 3504.( BUY GIVEN 3485 TO 3489),

MARKET ALERT AT 1 PM JUNE 19

BUY MCX JULY CRUDE 3485 TO 3489. SL 3460 TGT 3530/3545.

UPDATES FOR JUNE 19 2009

JUNE 19 FRIDAY

S1 RS 3456 , S2 RS 3410 , S3 RS 3375

R1 RS 3495 , R2 RS 3520 , R3 RS 3565

WAIT FOR CONFIRMATION.

UPDATES

TECHNICALS FOR JUNE 19

MCX JULY CRUDE OIL

SUPP; 3456/3410/3375

RES: 3495/3520/3565

PREFER LONGS AT SUPPORTS

UPDATES

TECHNICALS FOR NYMEX TRADING JUNE 18

MCX JULY CRUDE

SUPP; 3460/3400/3360

RES: 3490/3530/3565

WAIT FOR ENTRY

MARKET ALERT AT 2.45 PM JUNE 18

MCX JULY CRUDE : LOW RISK TRADERS BOOK FULL PROFITS UPTO

3490 ( BUY GIVEN AT 3455 TO 3460).

market alert at 2.15 pm june 18

MCX JULY CRUDE T1 ACHIEVED AT 3480, IN OUR BUY AT 3455 TO 3460.

MARKET ALERT ON JUNE 18 THURSDAY 12.40 PM IST


MCX July crude CMP Rs 3472

Low risk traders can book partial profits

and thers can hold for targets given.

Buy was initiated at Rs 3455 to 3460.

MARKET ALERT ON JUNE 18 THURSDAY 12.20 PM IST

MCX July Crude oil looks bullish at CMP Rs 3458

it could test Rs3480/3500

support is seen at Rs 3430.

UPDATES FOR JUNE 18 2009

JUNE 18 THURSDAY


S1 RS 3395 , S2 RS 3360 , S3 RS 3335

R1 RS 3456 , R2 RS 3485 , R3 RS 3515

WAIT FOR CONFIRMATION.

UPDATES

TECHNICAS FOR NYMEX TRADING JUNE 17

MCX JULY CRUDE

SUPP; 3405/3360/3325

RES; 3440/3490/3545

WAIT FOR CALLS

MARKET ALERT ON JUNE 17 WEDNESDAY 11.15 AM IST

MCX July Crude could test Rs 3470 and

then Rs 3490 .

Support is seen at Rs 3415

Buy is recommended around Rs 3435 to 3440.

UPDATES FOR JUNE 17 2009

JUNE 17 WEDNESDAY

S1 RS 3405 , S2 RS 3375 , S3 RS 3340

R1 RS 3470 , R2 RS 3505 , R3 RS 3546

WAIT FOR CONFIRMATION.

updates

TECHNICALS FOR NYMEX TRADING JUNE 16

MCX JULY CRUDE OIL

SUPP; 3460/3410/3360

RES; 3490/3530/3580

PREFER LONGS AT SUPPORTS

market alert at 1.30 pm june 16

mcx june crude oil is bullish above 3420 and cld

test 3450/3460 with suooprt below 3380.

MARKET ALERT ON JUNE 16 TUESDAY 12.45 PM IST

MCX JUly Crude now has support at Rs 3379

and Res at Rs 3465.

CMP Rs 3414.

Looks to test Res.

UPDATES FOR JUNE 16 2009

JUNE 16 TUESDAY

S1 RS 3375 , S2 RS 3330 , S3 RS 3280

R1 RS 3435 , R2 RS 3470 , R3 RS 3496

WAIT FOR CONFIRMATION.

MARKET ALERT AT 9.10 PM JUNE 15

INTRADAY TRADERS HOLDING SELLS IN CRUDE OIL BOOK FINAL

PROFITS UPTO 3380( SELL GIVEN AT 3415)

MARKET ALERT AT 8.40 PM JUNE 15

MCX JUNE CRUDE OIL, MULTIPLE LOT HOLDERS BOOK PROFITS UPTO 3395.

( GIVEN AT 3415)

High Risk Call - Sell Crudeoil July below 3415 SL 3440 T1 3365

T2 3340

UPDATES

TECHNICALS FOR NYMEX TRADING JUNE 15

,MCX JULY CRUDE OIL

SUPP; 3410/3360/3310

RES; 3460/3530/3580

WAIT FOR ENTRY

MARKEYT ALERT ON JUNE 15 MONDAY 10.30 AM IST

MCX July Crude has support at Rs 3388

Res is seen at Rs 3480

CMP Rs 3448.

UPDATES FOR JUNE 15 2009

JUNE 15 MONDAY

S1 RS 3410 , S2 RS 3460 , S3 RS 3400

R1 RS 3460 , R2 RS 3530 , R3 RS 3580

WAIT FOR CONFIRMATION.

UPDATES FOR JUNE 12 2009

JUNE 12 FRIDAY

S1 RS 3420 , S2 RS 3360 , S3 RS 3310

R1 RS 3480 , R2 RS 3530 , R3 RS 3580

WAIT FOR CONFIRMATION.

MARKET ALERT AT 3 PM JUNE

MCX JUNE CRUDE CMP 3412, HAS STRONG SUPPORT AT 3388 AND

CLD TEST RES AT 3456/ 3470;

UPDATES

TECHNICALS FOR NYMEX TRADING JUNE 10

MCX JUNE CRUDE OIL

SUPP; 3357/3335/3306

RES: 3395/3420/3456

PREFER LONGS AT SUPPORTS

UPDATES

MARKET ALERT AT 12 NOON JUNE 10

MCX JUNE CRUDE OIL IS BULLISH ABOVE 3355

AND CLD TEST 3400/3420, SUPPORT AT 3330.

MARKET ALERT AT 11.30 AM JUNE 8

BUY MCX JUNE CRUDE AT 3275, SL 3250, TGT 3330/3350.

UPDATES

TECHNICALS FOR JUNE 9

MCX JUNE CRUDE OIL

SUPP:3242/3210/3180

RES: 3285/3330/3360

WAIT FOR CALLS

UPDATE AT 7 PM JUNE 8

MCX JUNE CRUD EOIL IS TRADING ABOVE RES AT 3235,

CURRENT SUPP AT 3215 TO 3210 AND RES AT 3270 TO 3285.

UPDATES

TECHNICALS FOR JUNE 8

MCX JUNE CRUDE

SUPP:3180/3120/3085

RES: 3260/3315/3360

WAIT FOR CALLS

UPDATE AT 11.30 AM JUNE8

Sell Crudeoil Jun below 3200 SL 3235 T1 3160 T2 3130(

UPDATES

TECHNICALS FOR JUNE 8

MCX JUNE CRUDE

SUPP: 3210/ 3185/3156

RES: 3275/ 3315/3256

PREFER LONGS AT SUPPORTS

MARKET ALERT ON JUNE 5 FRIDAY 5.15 PM IST

MCX June Crude looks strong above Rs 3260

it could test Rs 3300 , and 3320

supportd is seen at Rs 3230.

UPDATES

TECHNICALS FOR JUNE 5

MCX JUNE CRUDE

SU 3228/ 3205/ 3185

RES: 3286/ 3315/ 3354

PREFER LONGS AT SUPPORTS, WAIT FOR CALLS

TECHNICALS FOR NYMEX TRADE FOR JUNE 4 2009

JUNE 4 THURSDAY

TRADING LEVELS FOR NYMEX TRADE

S1 RS 3150 , S2 RS 3130 , S3 RS 3095

R1 RS 3195 , R2 RS 3223 , R3 RS 3246

WAIT FOR CONFIRMATION.

UPDATES

TECHNICALS FOR JUNE 4

MCX JUNE CRUDE OIL

SUPP; 3075/ 3045/ 3010

RES: 3130/ 3156/ 3185

WAIT FOR CONFIRMATION

MKT ALERT AT 8.15 PM JUNE3

MCX JUNE CRUDE WEAK BELOW 3178 RES AT 3205,

CLD TEST SUPPORTS AT 3150/ 3130.

DOE U S Crude oil inventories --Exp-->-1500K ; Prev-->-5413K ; Actual-->2866K
DOE U.S. Gasoline inventories--Exp-->650K ;Prev ->-537K; Actual-->-215K
DOE U.S. Distillate inventory--Exp-->900K; Prev-->248K; Actual-->+1661K
DOE U.S. Refinery utilisation--Exp-->0.50%;Prev-->3.30%; Actual -->1.15% -

updates

TECHNICALS FOR NYMEX TRADE JUNE CRUDE

JUNE 3

SUPP; 3180/3110/ 3080

RES: 3225/ 3275/3310

WAIT FOR INVENTORY DATA TONITE

MARKET ALERT AT 1 PM JUNE3

mcx june crude cmp 3220 is likely to test

resistance at 3250 to 3255 , support now

seen below 3190.

MARKET ALERT ON JUNE 3 12.25 pm ist

MCX June crude now has support at Rs 3195

Res is seen at Rs 3265.

looks bullish.

MAket NEWS FOR JUNE 3 2009

JUNE 3 WEDNESDAY

Crude oil for July delivery fell 3 cents to end at $68.55 a

barrel on the New York Mercantile Exchange.


Crude for trade under the MCX India last traded at 3224

gaining 34 points for the day.

Fundamental scenario:

Crude gains as an upbeat homes sales data from the largest

consumer U.S reignites hopes of an economic


recovery and a subsequent increase in the demand prospects.


The pending home sales index for April rose


6.7% after a 3.2% increase in March. The index, based on sales


contracts on existing homes, was 3.2%


above April 2008.

Crude Oil for trade under the NYMEX might see supports at

$67.20 levels while the resistance for the


same might be seen at $69.20 levels respectively.

UPDATES FOR JUNE 3 2009

JUNE 3 WEDNESDAY

S1 RS 3210 , S2 RS 3190 , S3 RS 3166

R1 RS 3242 , R2 RS 3275 , R3 RS 3310

WAIT FOR CONFIRMATION.

UPDATES FOR JUNE 2 2009

JUNE 2 TUESDAY

S1 RS 3160 , S2 RS 3140 , S3 RS 3040

R1 RS 3220 , R2 RS 3280 , R3 RS 3330

WAIT FOR CONFIRMATION.

TECHNICALS FOR NYMEX TRADE FOR JUNE 1 2009

JUNE 1 MONDAY

TRADING LEVELS FOR NYMEX TRADE

S1 RS 3160 , S2 RS 3100 , S3 RS 3040

R1 RS 3220 , R2 RS 3280 , R3 RS 3330

WAIT FOR CONFIRMATION.

updates

TECHNICALS FOR JUNE 1

MCX JUNE CRUDE

SUPP: 3106/ 3060/3010

RES: 3154/3200/3260

STAY LONG AT SUPPORTS