CLOSING COMMENTARY FOR NOV 30 MONDAY

Crudeoil had a range bound movement initially but after breaking

strong sup came down. Again prices went up sharply as it forms

some double bottom around 3540 levels. A close above these

levels could take prices again till 3600 - 3650 levels.

Strong res is seen at 3570.

MRKT ALERT 7.50 PM

MCX DEC CRUDEOIL APPROACHING OUR T1 AT 3505, TRADERS CAN BOOK FURTHER PROFITS BETWEEN 3505 - 3510. OTHERS HOLD FOR GIVEN TARGET

MRKT ALERT 7.45 PM

MCX DEC CRUDEOIL TRADERS HOLDING SELLS CAN BOOK PART PROFITS UPTO 3530, others can hold for given targets. Sell initiated between 3540 - 3545

MRKT ALERT 7.20 PM

Sell Crudeoil Dec between 3540 - 3545 SL above 3570 T1 3505 T2 3480 (High Risk BC )

TECHNICALS FOR NOV 30

MCX DEC CRUDE

SUPP:3510/3478/3444

res: 3578/3610/3655

WAIT FOR ENTRY

TECHNICALS FOR NOV 27

MCX DEC CRUDE

SUPP: 3542/3510/3485

RES: 3589/3610/3655

WAIT FOR ENTRY

UPDATES FOR NOV 26 2009

NOV 26 THURSDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 3542 , S2 RS 3500 , S3 RS 3475

R1 RS 3586 , R2 RS 3610 , R3 RS 3636

WAIT FOR CONFIRMATION .

UPDATES FOR NOV 25 2009

NOV 25 WEDNESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 3518 , S2 RS 3485 , S3 RS 3456

R1 RS 3662 , R2 RS 3687 , R3 RS 3725

WAIT FOR CONFIRMATION .

MKT ALERT AT 11.45 AM

CRUDE DEC SEEMS VERY RANGE BOUND AND CLD BE MORE

POSITIVE ABV 3640 LEVELS //

LOW RIKS TRADERS BEST ADVISED TO TO EXIT LONGS AT

CMP 3625 AND WAIT BETTER ENTRY LEVEL.

mkt alert at 10.45 am

Buy Crudeoil Dec between 3620 - 3625 SL below 3600

T1 3655 T2 3685

TECHNICALS FOR NOV 24

MCX DEC CRUDE

SUPP: 3614/3586/3562

RES: 3662/3687/3715

WAIT FOR ENTRY

CLOSING COMMENTARY FOR NOV 23 MONDAY

Crudeoil prices went up as expected as it forms some double

bottom around 3600 levels. Prices have very strong res of

3700 and a break and close could take prices till 3750 - 3800

levels. A strong selling around 3700 levels could be noted as

the medium term trend is bit weak below this.

MKT ALERT AT 7.35 PM

MCX DEC CRUDEOIL: T1 AND T2 ACH AT AT 3675 AND 3695

( BUY AT 3645) BOOK P[ROFITS

MARKET ALERT ON NOV 23 MONDAY 3.40 PM IST

MCX DEC CRUDEOIL LOW RISK TRADERS CAN BOOK

PART PROFITS AT CMP RS 3663, OTHERS HOLD FOR GIVEN

TARGETS.BUY INITIATED AT 3645.

MARKET ALERT ON NOV 23 MONDAY 12.50 PM IST

MCX Nov Crude oil looks positive between Rs 3645 to 3650

it could test Rs 3675 / 3695

support is seen below Rs3620 .

UPDATES FOR NOV 23 2009

NOV 23 MONDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 3606 , S2 RS 3576 , S3 RS 3552

R1 RS 3648 , R2 RS 3669 , R3 RS 3693

WAIT FOR CONFIRMATION .

CLOSING COMMENTARY FOR NOV 20 FRIDAY

Crudeoil prices came down and now trading around the very

strong sup of 3600 levels. Medium term trend seems negative.

A break below 3590 with close could have more downside for

prices..Any strong buying from these levesl could take prices

again till 3700 levels.

Wait for confirmation .

UPDATES FOR NOV 20 2009

NOV 20 FRIAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 3621 , S2 RS 3586 , S3 RS 3545

R1 RS 3678 , R2 RS 3706 , R3 RS 3733

WAIT FOR CONFIRMATION .

CLOSING COMMENTARY FOR NOV 19 THURSDAY

Crudeoil prices dropped as selling came at higher levels

around 3670 levels. Prices cant able to break 3700 levels

as very strong res is there. Prices could test more lows

till 3550 levels if sustains below 3620 levels.

Medium term trend continuous negative.

MARKET ALERT ON NOV 19 THURSDAY 8.35 PM IST

MCX Dec Crude now has Res at Rs 3720

Support is seen at Rs 3625

CMP Rs 3677

Looks weak now .

UPDATES FOR NOV 19 2009

NOV 19 THURSDAY

TRADING LEVELS FOR MORNING SESSION

SUPPORT 1 RS 3650 , SUPPORT 2 RS 3630

RESISTANCE 1 RS 3700 , RESISTANCE 2 RS 3730

Recap: -

Crudeoil maintaining its strong upside movement as

prices went up with yesterdays momentum. Trading

Range seen between 3660 – 3690 shortly.

Forecast: -

Prices expected to be bullish on a close above 3650

levels. A break and close above 3700 could have

more buying till 3750 – 3800 levels again. Need

to watch positive closing.

MKT AERT AT 8.05 PM

MCX NOV CRUDE : T2 ACH AT 3720( BUY GIVEN AT 3685)//

HIGH RISK TRADERS HOLDING LONGS BOOK FURTHER PROFITS.

CRUDE INVENTORY DOWN 0.9MB,DISTILLATE DOWN .3MB

MRKT ALERT 5.15 PM

MCX NOV CRUDE LOW RISK TRADERS BOOK FULL PROFITS UPTO 3705 - 3710 ( BUY GIVEN AT 3680 - 3685) OTHERS HOLD FOR TARGETS GIVEN.

MKT ALERT AT 4 PM

MCX NOV CRUDE : CARRY OVER BUY FROM YESTERDAY AT 3650

APPROACHING T2 AT 3700 CMP 3699//BOOK PROFITS AND

CLOSE CALL///TODAYS BUY AT 3680 RUNNING.; HOLD FOR TGTS.

MARKET ALERT ON NOV 18 WEDNESDAY 3.05 PM IST

MCX Nov Crude book part profits at CMP Rs 3693 ,

Buy was given at Rs 3680 .

Will have Resistance at Rs 3700 .

Buy Crudeoil Nov between 3680 - 3685 SL below 3650

T1 3725 T2 3750 HIGH RISK CALL

MARKET ALERT ON NOV 18 WEDNESDAY 12.30 PM IST

MCX Nov Crude oil Target 1 Achieved at Rs 3680

Buy was initiated yesterday evening above Rs 3650

Low risk traders book profits

And others hold for Target 2 .

UPDATES FOR NOV 18 2009

NOV 18 WEDNESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 3646 , S2 RS 3618 , S3 RS 3595

R1 RS 3692 , R2 RS 3715 , R3 RS 3743

WAIT FOR CONFIRMATION .

CLOSING COMMENTARTY FOT NOV 17 TUESDAY

Crudeoil prices trading above the strong res of

3600 - 3630 levels. Prices trading very thin and

having strong res of 3650 levels. Prices on a break

and close could test more highs till 3700 levels.

Prices may correct below 3600.

MKT ALERT AT 8 PM

Buy Crudeoil Nov above 3650 SL below 3620 T1 3680 T2 3700

MKT ALERT AT 6.50 PM

MCX NOV CRUDE IS POSITIVE ABV 3640 WITH SUPP BELOW

3610 AND CLD TEST 3660/3675

TECHNICALS FOR NOV 17 NYMEX TRADING

MCX NOV CRUDE OIL

SUPP: 3603/3576/3547

RES 3653/3685/3710

WAIT FOR ENTRY

UPDATES FOR NOV 17 2009

NOV 17 TUESDAY

TRADING LEVELS FOR MORNING SESSION .

S1 RS 3586 , S2 RS 3542 , S3 RS 3486

R1 RS 3675 , R2 RS 3723 , R3 RS 3759

WAIT FOR CONFIRMATION .

CLOSING COMMENTARY FOR NOV 16 MONDAY

CRUDOIL PRICES REBOUNDED SHARPLY AFTER TESTING ITS

STRONG SUP OF 3550 LEVELS. PRICES NOW TRADING ABOVE

THE RES OF 3630 LEVELS. A CLOSE ABOVE THIS COULD

HAVE MORE POSITIVENESS TILL 3700 LEVELS AGAIN.

STRONG SUP IS AT 3600 / 3580.

MKT ALERT AT 8.15 PM

MCX NOV CRUDE MOVING BIDIRECTIONAL //NOW AGAIN CLD TEST

RES 3585 AND IF HOLDS ABV LOOKS POSITIVE TILL 3600/3610

LEVELS WITH SUPOPORTS BELOW 3540.

MKT ALERT AT 7.30 PM

REMINDER; EXIT LONGS ON CRUDE AS WEAK BELOW 3560 WITH

RES ABV 3585 AND CLD TEST SUPPORTS 3535/3520( LEVELS)

MKT ALERT AT 6 PM

High Risk Call - Buy Crudeoil Nov between 3565 - 3570

SL below 3545 T1 3595 T2 3620

TECHNICALS FOR NOV 16 NYMEX TRADING

MCX NOV CRUDE OIL

SUPP: 3552/3520/3495

RES;3595/3615/1635

EXP TRADE SIDEWAYS

UPDATES FOR NOV 16 2009

NOV 16 MONDAY

TRADING LEVELS FOR MORNING SESSION .

S1 RS 3520 , S2 RS 3493 , S3 RS 3468

R1 RS 3582 , R2 RS 3606 , R3 RS 3645

WAIT FOR CONFIRMATION.

Crudeoil prices trading weak in MCX as prices broken

the strong sup of 3600 levels. Prices dropped for the
\
second day tested nearly 3510 levels. Prices looks

weak below 3600 levels. If prices closes below

3600 -3580 could test more lows in coming weeks.

mkt alert at 6.45 pm

mcx nov crude : approaching t1 at 3550 current low

3557( sell given at 3590)/book further profits.

MKT ALERT AT 5.50 PM

MCX NOV CRUDE: HIGH RISK TRADERS HOLDING SELLS AT 3590

BOOK PART PROFITS AT 3577/HOLD FOR LEVELS.

MKT ALERT AT 2.35 PM

MCX NOV CRUDE NO MOMENTUM SEEN SO FAR/ LOW RISK TRADERS

ADVISED TO EXIT AROUND 3595 LEVELS.

mkt alert at 10.45 a,m

Sell Crudeoil Nov between 3585 - 3590 SL above 3620 T1 3550 T2 3525

TECHNICALS FOR NOV 13

MCX NOV CRUDE

SUPP:3582/3556/3520

RES: 3627/3651/3678

WAIT FOR CALLS

US Crude Oil inventories Update: Act+1.8Mbrls

(Exp +1 Mbrls prv -4Mbrls) Negative to oil prices.

MKT ALERT AT 9.30

Momentum Broker Call - Buy Crudeoil Nov between 3625 - 3630

SL below 3600 T1 3660 T2 3680 HIGH RISK.

MKT ALERT AT 8.50 PM

MCX NOV CRUDE : APPROACHING T2 AT 3637 CMP 3638(

SELL AT 3679)/HIGH RISK TRADERS HOLD FOR T3 3620 AND

AMEND STOPLOSS TO COST.

MKT ALERT AT 6.03 PM

MCX NOV CRUDE APPROACHING OUR T1 AT 3651 CMP 3655( SELL AT 3679).

MKT ALERT AT 5.25 PM

CORRECTION:MCX NOV CRUDE: BOOK PART PROFITS AT 3669 TO

3665( SELL AT 3677 TO 3680)

mkt alewrt at 3.30 pm

Mcx Nov C.oil Sell at 3677-3680 SL; abv 3696 TGT: 3651/3637

TECHNICALS FOR NOV 12

MCX NOV CRUDE

SUPP; 3656/3630/3585

RES: 3710/3735/3765

PREFER LONGS AT SUPPORTS

MARKET ALERT ON NOV 11 WEDNESDAY 7.40 PM IST

MCX Nov Crude T 1 Achieved at Rs 3700 ,

Buy was advised at Rs 3665 to 3670

Low risk traders can book full profits

and others cn hold for T 2

MKT ALERT AT 2.50

MCX NOV CRUDE: LOW RISK TRADERS BOOK PART PROFITS AT

3682( BUY AT 3667)/HOLD FOR LEVELS.

MKT ALERT AT 1.20 PM

Buy Crudeoil Nov between 3665 - 3670 SL below 3630 T1 3700 T2 3720

UPDATES FOR NOV 11 2009

NOV 11 WEDNESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 3623 , S2 RS 3600, S3 RS 3580

R1 RS 3680 , R2 RS 3715 , R3 RS 3746

WAIT FOR CONFIRMATION .

MKT ALERT AT 8.55 PM

MCX NOV CRUDE : T2 ACH AT 3740( BUY AT 3677)

MKT ALERT AT 8 .08 PM

MCX NOV CRUDE : APPROACHING T2 AT 3740 CMP 3735/BOOK

FULL PROFITS ( BUY GIVEN AT 3677)

MKT ALERT AT 7 PM

MCX NOV CRUDE APPROACHING T1 AT 3720 CMP 3715/BOOK

FURTHER PROFITS/( BUY AT 3677)

MKT ALERT AT 4.45 PM

MCX NOV CRUDE: LOW RISK TRADERS BOOK PROFITS AT 3695

TO 3700 LEVELS.( BUY AT 3677)HOLD FOR TGTS 3720/3740.

MARKET ALERT ON NOV 10 TUESDAY 3.20 PM IST

MCX Nov Crude oil now has at Res at Rs 3720

and then at Rs 3740

support is seen below Rs 3650 .

cmp Rs 3675

could test Res .

MARKET ALERT ON NOV 10 TUESDAY 3.15 pm ist

MCX Nov Crude now has support blwo Rs 3656

Res is seen at Rs 3715

CMP Rs 3682.

UPDATES FOR NOV 10 2009

NOV 10 TUESDAY

TRADING LEVELS FOR MORNING SESSON .

S1 RS 3676 , S2 RS 3651 , S3 RS 3630

R1 RS 3727 , R2 RS 3756 , R3 RS 3778

WAIT FOR CONFIRMATION .

MCX NOV CRUDE : TRADERS HOLDING LONGS CAN HOLD FOR T3 3720.

MCX NOV CRUDE : TRADERS HOLDING LONGS CAN HOLD FOR T3 3720.

MKT ALERT AT 9.45

MCX NOV CRUDE : T2 ACH AT 3700

MARKET ALERT ON NOV 9 MONDAY 9.35 PM IST

MCX Nov Crude approaching T 2 Rs 3700 , CMP Rs 3695.

Book full profits ,

Buy was given at Rs 3645 .

Crudeoil prices came down intially but maintain some

bull trend at low levels. Prices have strong sup

around 3610 - 3630 levels and if sustains prices

may test more highs. Prices above 3680 levels

looks positive till 3750 levels again.

MARKET ALERT ON NOV 9 MONDAY 7.45 PM IST

MCX Nov Crude T 1 Achieved at Rs 3680 .

Buy was at Rs 3645 .

MARKET ALERT ON NOV 9 MONDAY 7.40 PM IST

MCX Nov Crude approaching T1at Rs 3680 , CMP Rs 3675.

Book further profits .

Buy was advised at Rs 3645 .

MARKET ALERT ON NOV 9 MONDAY 7.30 PM IST

MCX Nov crude oil low risk traders can book part

profits at CMP Rs 3660 , others hold for tgts with

levels given .

Buy was given at Rs 3640 to 3645 .

mnkt alert at 7.20 pm

Buy Crudeoil Nov between 3640 - 3645 SL below 3610 T1 3680 T2 3700

mkt alert at 5.45

mcx nov crude : weak below 3650 with res abv 3666 and
\
cld test3635/3620( levels )

TECHNICALS FOR NOV 9

MCX NOC CRUDE

SUPP: 3600/3575/3546

RES; 3662/3688/3720

WAIT FOR CALLS

MKT ALERT AT 6.35 PM NOV 6

Mcx Nov C.oil Book final Profits at 3715-3712

(Shorts Advised at 3750) Cmp: 3715.

MKT ALERT AT 6.25 PM NOV 6

MCX NOV CRUDE : T1 ACH AT 3724( SELL GIVEN AT 3750).

mkt alert at 5.33 pm

mcx nov crude approaching t1 at 3724 cmp 3726/traders

holding sells as per our call at 3750 book max profits/

others hold for t2.

MCX NOV CRUDE: HIGH RISK TRADERS HOLDING SELLS AS PER

OUR CALL AT 3750/BOOK PART PROFITS AT CMP 3738/HOLD

FOR LEVELS GIVEN.

MKT ALERT AT 1.30 PM

BASE METALS LOOKING POSITIVE /INR DEPRECIATING/LOW

RISK TRADERS EXIT CRUDE SELLS.CMP 3750.

mkt alert at 12 noon

MCX NOv Crude Sell at 3750 SL abv 3762 TGT 3724/3712

trade less volume.

technicals for nov 6

mcx nov crude

supp: 3720/3695/3670

res: 3772/3798/3818

wait for calls

CLOSING COMMENTARY FOR NOV 5 THURSDAY

Crudeoil prices trading flat between 3750 - 3800 levels.

Prices looks positive above the strong sup of 3750

levels. Only a break below this could have some

selling correction towards 3700 levels.

Looks firm above 3800.

MARKET ALERT ON NOV 5 THURSDAY 7.15 PM IST

Crudeoil Nov approching our T1 at 3785, Low risk

traders book further profits upto 3780 levels.

Others hold for given targets.

Buy was given at Rs 3750 to 3755 levels.

MARKET ALERT ON NOV 5 THURSDAY 6.00 PM IST

MCX Nov Crude low risk traders can book part profits

at cmp Rs 3768 , others hold for tgts given .

Buy was given at Rs 3750 to 3755 .

MKT ALERT AT 3.50 PM

Buy Crudeoil Nov between 3750 - 3755 SL below 3725

T1 3785 T2 3800

EXIT CRUDE SELLS AT CMP3758 ( SELL GIVEN AT 3760)

MKT ALERT AT 3.30 PM

MKT ALERT AT 10.30 AM NOV 5

Mcx Nov Crude Sell at 3760 SL abv 3776 TGT 3736

UPDATES FOR NOV 5 2009

NOV 5 THURSDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 3747 , S2 RS 3720 , S3 RS 3696

R1 RS 3795 , R2 RS 3815 , R3 RS 3846

WAIT FOR CONFIRMATION .

Crudeoil prices were trading around 3750 levels. Prices

went up due to inventories but still trading below

the strong res of 3800. Prices need to break and close

above these levels to have positive momentum. Prices

below this could have correction again till 3700

levels. Need to wait and watch

MARKET ALERT ON NOV 4 WEDNESDAY 9.00 PM IST

US Crude Oil Inventories Data:

Act: -0.4Mbrls

(Exp +1.3Mbrls Prv +0.8Mbrls)

Positive to Crude price.


MCX Nov Crude now has support at Rs 3770 levels

Res is seen at Rs 3820 / 3830

CMP Rs 3785

Could test Res .

CRUDE INVENTORY AT 9 PM TONITE.

Market Alert at 1:00 Pm

Mcx Nov Crude:Support below 3710 and could test 3770 and 3785.
(Levels Only)/Please note major resistance 3790./
Trade Less vol as data expected tonight.

UPDATES FOR NOV 4 2009

NOV 4 WEDNESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 3710 , S2 RS 3685 , S3 RS 3656

R1 RS 3762 , R2 RS 3788 , R3 RS 3810

WAIT FOR CONFIRMATION .

BONANZA CALL ON NOV 3

CALL OF THE DAY: NOV 3 TUESDAY

BUY MINI GOLD AT 16090 /ADD FURTHER LOTS AT 16250

TGTS 16145/16245/16360/16480/

16620/16780 HITS HIGH 16635 !!!!!! CALL RUNNING;

BUY MINI SILVER AT 26235 TGTS 26420/26610

/26820/27000/27340 HITS HIGH 27000 !!!!!!!!CALL RUNNING.

CLOSING COMMENTARY FOR NOV 3 TUESDAY

Crudeoil prices again trading range bound with high

volatality. Prices went up again from the strong sup

of 3650. We recommended weak only below this levels.

Prices now again looks to test 3750 - 3800 levels.

Overall range bound .

MARKET ALERT ON NOV 3 TUESDAY 10.30 PM IST

HNI CALL UPDATE

Buy Crude Nov Above Rs 3685

stop loss RS 3665

Target Rs 3710 .

HNI CALLS ALONE WILL BE PUBLISHED IN THE BLOG ONLY AFTER TARGETS

GET ACHIEVED

MKT ALERT AT 6.50 PM OCT 3

MCX NOV CRUDE : BOOK PART PROFITS UPTO 3678( BUY GIVEN AT 3668)/

MKT AKLERT AT 6.30 OCT

Buy Mcx Noc C.oil at 3668-3664 SL: below: 3645 TGT: 3695

HIGH RISK CALL

TECHNICALA FOR NYMEX TRADE FOR NOV 3 2009

NOV 3 TUESDAY

TRADING LEVELS FOR EVENING SESSION

S1 RS 3635 , S2 RS 3600 , S3 RS 3575

R1 RS 3695 , R2 RS 3715 , R3 RS 3746

WAIT FOR CONFIRMATION .

MARKET ALERT ON NOV 3 TUESDAY 11.30 AM IST]

MCX Nov crude now has support at Rs 3645

Res can be seen at Rs 3720 .

cmp Rs 3678

could test Res .

UPDATES FOR NOV 3 2009

NOV 3 TUESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 3614 , S2 RS 3572 , S3 RS 3544

R1 RS 3712 , R2 RS 3756 , R3 RS 3798

WAIT FOR CONFIRMATION .

Crudeoil prices continuos its high volatile movement

between 3610 - 3700 levels. Prices have very strong sup

of around 3600 levels and bounce back. A positive close

above 3680 - 3700 levels today could have more buying

above the res levels. Overall range bound with high volatile seen.

exit sells in crude if any!!!!likely to test res at 3690 to 3700.

MCX NOV CRUDE: LOW RISK TRADERS BOOK MAX PROFITS AT CMP 3631( SELL AT 3655)

MCX NOV CRUDE : BOOK PART PROFITS AT 3642( SELL AT 3655)

Sell Crudeoil Nov between 3650 - 3655 SL above 3680 T1 3620 T2 3600 ( BC )