MRKT ALERT 8.55 PM

MCX MAR CRUDEOIL TESTED OUR RESISTANCE LEVEL 3670.

MRKT ALERT 8.30 PM

MCX MARCH CRUDEOIL LOOKS POSITIVE ABOVE 3640, AND COULD TEST 3670/3680, SUP SEEN AT 3620 (LEVELS ONLY).

TECHNICAL UPGRADATION AND MAINTENANCE OF BLOG GOING ON;

SERVICES RESUME AFTER 2PM INDIAN TIME FEB 26 ; APOLOGIES!

MARKET ALERT ON FEB 24 TUESDAY 8.45 PM IST

MCX March crude oil trading near intra day Res 3675 to

3680

Prices breached and sustain above the same

next Res 3705 and support Rs 3625.

CMP Rs 3762.

MRKT ALERT 9.02 PM

US Crude Oil Inventories Update: Act +3.0 Mbrls (Exp +1.8 Mbrls Prv +3.1Mbrls), Gasoline: Act -0.9Mbrls, Distillate: Act -0.6Mbrls.

MRKT ALERT 3.45 PM

MCX MAR CRUDEOIL T1 ACH AT 3630, HOLD FOR T2. SELL GIVEN BELOW 3660.

MRKT ALERT 2.50 PM

MCX MAR CRUDEOIL APPROACHING OUR TARGET AT 3630, SELL INITIATED BELOW 3660 AS LEVELS. OTHERS CAN HOLD FOR TARGETS GIVEN.

MRKT ALERT 1.25 PM

MCX MAR CRUDEOIL LOOKS WEAK BELOW 3660 AND COULD TEST 3630/3610 AND RES SEEN AT 3685. HIGH RISK TRADERS CAN OPERATE WITH THESE LEVELS.

TECHNICALS FOR FEB 24

MCX MARCH CRUDE OIL

SUPP: 3635/3607/3583

RES:3675/3705/3723

MRKT ALERT 8.35 PM

MCX MARCH CRUDE UPDATE HAD RECOMMENDED SELL ON RISES UPTO 3685 HIT HIGH OF 3675. CMP 3640 ( T1 AND T2 ACHIEVED HOLD FOR FURTHER TARGETS GIVEN.)

MRKT ALERT 8.40 PM

MCX MARCH CRUDE UPDATE HAD RECOMMENDED SELL ON RISES UPTO 3685 HIT HIGH OF 3675. CMP 3640 ( T1 AND T2 ACHIEVED HOLD FOR FURTHER TARGETS GIVEN.)

MRKT ALERT 7.55 PM

MCX CRUDE OIL MARCH STATERGY UPDATE - WEAK BELOW 3685 WITH RES SEEN AT 3725 AND COULD TEST SUPPORTS AT 3660/3640/3620/3600. (TRADERS CAN OPERATE ON THESE LEVELS.)

MRKT ALERT 4.10 PM

MCX MAR CRUDEOIL LOOKS WEAK BELOW 3695 AND COULD TEST 3650/3630 WITH RES ABOVE 3725. HIGH RISK TRADERS CAN SELL BETWEEN 3690-3695.

TECHNICALS FOR FEB 23

MCX MARCH CRUDE OIL

SUPP:3670/3647/3623

RES:3725/3756/3775

MRKT ALERT 1 PM

Buy Crudoil Mar between 3712 - 3715 SL below 3690 Tgt 3738/3750. ( High Risk BC )

UPDATES FOR FEB 22 2010

FEB 22 MONDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 3680 , S2 RS 3620 , S3 RS 3560

R1 RS 3748 , R2 RS 3784 , R3 RS 3821

WAIT FOR CONFIRMATION .

MKT ALERT AT 7,50 PM FEB 19

MCX MARCH CRUD EOIL

NEXT RES SEEN AT 3715 SUPP AT 3658/CLD TEST RES CMP 3685.

MARKET ALERT ON FEB 19 FRIDAY 3.00 PM IST

MCX March crude oil now has support below Rs 3618

Res seen at Rs 3672

CMP Rs 3642 .

Has a poitive bias at this moment .

TECHNICALS FOR FEB 19

MCX FEB CRUDE

SUPP:3615/3583/3562

RES:3668/3691/3710

mkt alert at 7 am

BASE METALS UPDATES; LTP COPPER335,NICKEL941,LEAD106,ZINC105.75,ALU96.45(ALL BASE METALS NOW TRADING DOWN OVER 1% EXP GAP DOWN OPEN)//BULLIONS EXP GAP DOWN OPEN OVER1%!!

GM,FEB 19,7.15AM:US FED OVERNITE INCREASES DISCOUNT RATES CHARGED TO BANKS BY 0.25% AFTER TRADING HOURS TO 0.75$!!!..USD GAINS CMP 81.14//CRUDE$78.18(DOWN 88CENTS),NAT GAS$5.14;GOLD$1106(DOWN$12);SILVER$15.85(DOWN 21 CENTS)//BASE METALS TRADING DOWN BY OVER 1%!

MRKT ALERT 9.31 PM

US Crude inventories Update: Act +0.9 Mbrls (Exp 1.5Mbrls Prv 2.4Mbrls), Gasoline: Act +0.7 Distillate: Act -2.9Mbrls

EIA Expected inventory: Crude up 2.2 mnb, Distillates down 1.5 mnb, Gasoline up 1.5 mnb

MKT ALERT AT 1.55 PM

MCX FEB CRUDE: HIGH RISK TRADERS HOLDING SELLS AT 3553 BOOK PART PROFITS AT CMP 3538/HOLD FOR LEVELS.

MKT ALERT AT 11 AM

MCX FEB CRUDE OIL UPDATE; WEAK BELOW 3555 WITH RES ABV 3566 AND CLD TEST 3525( HIGH RISK TRADERS CAN SELL AS PER THESE LEVELS AT 3552 TO 3555 )

TECHNICALS FOR FEB 18

MCX FEB CRUDE OIL

SUPP; 3527/3505/3483

RES; 3582/3610/3632

WAIT FOR CALLS

mkt alert at 3.45 pm

LOW RISK TRADERS EXIT CRUDE LONGS IF ANY, at cost! cmp 3564.

MRKT ALERT 1.40 PM

MCX FEB CRUDEOIL TRADERS CAN BOOK PART PROFITS
UPTO 3580, BUY GIVN AT 3563, OTHERS CAN HOLD FOR
GIVEN TARGETS.

MRKT ALERT 1.25 PM

Buy Crudeoil Feb between 3560 - 3563 SL below 3530 T1 3595 T2 3615 (BC)

MARKET ALERT ON FEB 17 WEDNESDAY 1.30 PM IST

MCX Feb Crude now has support at Rs 3540

Res can be seen at Rs 360

CMP Rs 3567 .

These are trading levels only .

Seems to have a positive bias at this point of time .

UPDATES FOR FEB 17 2010

FEB 17 WEDNESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 3529 , S2 RS 3505 , S3 RS 3483

R1 RS 3567, R2 RS 3592 , R3 RS 3615

WAIT FOR CONFIRMATION .

MKT ALERT AT 8.28 PM

MCX FEB CRUDE APPROACHING FINAL TGT 3540 CMP 3533/BOOK FINAL PROFITS AT 3530 TO 3540/ BUY AT 3450/CHEEEEEEERS!!!!!!

mkt alert at 8.20 pm

MCX FEB CRUDE: T3 ACH AT 3520/( BUY AT 3450)/HOLD FOR T4.

MKT ALERT AT 7.38 PM

MCX FEB CRUDE OIL: APPROACHING T3 AT 3520 CMP 3515/BOOK MAX PROFITS/ OTHERS HOLD FOR T4 3540.

MKT ALERT AT 7.25 PM

MCX FEB CRUDEOIL: T2 ACH AT 3495( BUY AT 3450)/HIGH RISK TRADERS OLD FOR T3 3520 AND TRAIL SL TO COST.

MRKT ALERT 5.30 PM

MCX FEB CRUDEOIL APPROACHING OUR T2 AT 3495, TRADERS CAN BOOK FURTHER PROFITS UPTO 3490, BUY GIVEN AT 3448 - 3452.

mkt alert at 3.50 pm

MCX FEB CRUDE OIL: T1 ACH AT 3476/ BUY AT 3448 TO 3452.

MCX FEB LEAD: T1 ACH AT 103( BUY GIVEN AT 101.50)//MCX FEB CRUDE APPROACHING T1 AT 3476 CMP 3729 BUY AT 34500;BOOK PART PROFITS.

MKT ALERT AT 1.30 PM

MCX FEB CRUDE; LOW RISK TRADERS BOOK PART PROFITS AT CMP 3464( BUY AT 3448 TO 3452)/OTHERS HOLD FORTGTS//MCX FEB LEAD APPROACHING T1 AR 103 CMP 102.80* BUY AT 101.50)/ BOOK FURTHER PROFITS.

MRKT ALERT 12.50 PM

Buy Crudeoil Feb between 3448 - 3452 SL below 3425 T1 3476 T2 3495 ( BC)

TECHNICALS FOR FEB 16

MCX FEB CRUDE OIL

SUPP 3405/3382/3360

res: 3450/3486/3510

MRKT ALERT 9.32PM

Update: US C.oi Inventories Data: Act +0.7 Mbrls (Exp +1.4 Mbrls Prv 2.3 Mbrls) Distillate: Act -0.3 Mbrls, gasoline: Act +1.0%.

MARKET ALERT ON FEB 12 FRIDAY 7.30 PM IST


MCX Feb Crude update :

Res is seen at Rs 3460 / 3490 /3540

Support is seen at Rs 3400 .

These are trading levels only .

EXP NAT GAS INVENTORY DOWN 180BCF//EXP CRUDE INV UP.1.5 MB,DISRTILLATE DOWN 1.9 MB, GASOLINE UP0.5 MB.

mkt alert at .50 pm

Pre-open call: Mcx Feb C.oil Sell in the range of 3486-3482 SL abv 3507

TGT 3430 Cmp 3494.

MARKET ALERT ON FEB 10 THURSDAY 6.20 PM IST

MCX Feb Crude oil has tested Res at Rs 3505

current high Rs 3404

It could test next Res Rs 3521.

These are trading levels only .

Mildly positive .

MARKET ALERT ON FEB 10 THURSDAY

MCX Feb crude oil now has support at Rs 3466

Res is seen at Rs 3505

CMP Rs 3480

These are trading levels only

Mildly positive .

TECHNICALS FOR FEB 11

MCX FEB CRUDE OIL

SUPP:3443/3410/3382

RES:3488/3510/3538

PREFER LONGS AT SUPPORTS

MKT ALERT AT CLOSE FEB 10

MCX FEB CRUDE AFTER TESTING SUPPORTS AT 3400 IS MOVING UP

AND IF HOLDS ABV 3445 CLD TEST 3470 TO 3490 LEVELS.

CRUDE INV DATA CONFIRMED ON FRIDAY NIGHT!!

MIXED REPORTS COMING OF CRUDE INVENTORY IF TODAY OR FRIDAY/ NO CONFIRMATION YET!!

MKTA LERT AT 4.35 PM

MCX FEB CRUDE APPROACHING T2 AT 3460 CMP 3457/ BOOK FURTHER PROFITS// BUY AT 3427/ HOLD FOR TGTS

MKT ALERT AT 4.05 PM

MCX FEB COPPER APPROACHING T1 AT 3445 CMP 3442/ BUY AT 3427//BOOK PART PROFITS////

MRKT ALERT 4.15 PM

T1 ACHIEVED IN CRUDE.

mkt alert at 3.10 pm

Buy Crudeoil Feb between 3423 to 3427 SL below 3405 T1 3445 t2 3460 T2 3475

UPDATES FOR FEB 10 2010

FEB 10 WEDNESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 3403 , S2 RS 3380 , S3 RS 3356

R1 RS 3453 , R2 RS 3478 , R3 RS 3496

WAIT FOR CONFIRMATION .

UPDATES FOR FEB 9 2010

FEB 9 TUESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 3330 , S2 RS 3302 , S3 RS 3275

R1 RS 3393 , R2 RS 3418 , R3 RS 3441

WAIT FOR CONFIRMATION .

mkt alert at 5 pm

high risk call) Mcx Feb C.oil Sell at 3360-3364 SL abv 3390 TGT 3315

TECHNICALS FOR FEB 8

MCX FEB CRUDE OIL

SUPP;3348/3305/3270

RES:3395/3432/3480

WAIT FOR ENTRY

MKT ALERT AT 4.35 PM

MCX FEB CRUDE: LOW RISK TRADERS EXIT SELLS CMP 3425/SELLS

ADVISED AT 3410.

mkt alert at 1.45pm

Sell Crudeoil Feb between 3400 - 3410 SL above 3435 T1 3370 T2 3350 (High risk )

TECHNICALS FOR FEB 5

MCX FEB CRUDE OIL

SUPP:3377/3356/3329

RESl:3436/3462/3485

MARKET ALERT ON FEB 4 THURSDAY 10.10 PM IST

Mcx Feb C.oil TGt Extended upto 3373

(Earlier TGT 3406) Book some more profits &

Amend Stops to abv 3477

Cmp 3409.

MARKET ALERT ON FEB 4 THURSDAY 10.00 PM IST

Intra day traders can book full profits in Feb crude at

CMP Rs 3424 .

Sell was given at Rs 3545 .

MARKET ALERT ON FEB 4 THURSDAY 9.55 PM IST

Mcx Feb C.oil TGt Extended upto 3406

(Shorts Advised at 3524)

Amend Stops to abv 3500 .

MARKET ALERT ON FEB 4 THURSDAY 9.45 PM IST

MCX Feb Crude T 3 Achiieved at Rs 3456.

Hold for T 4 Rs 3440 .

MARKET ALERT ON FEB 4 THURSAY 8.55 PM IST

Mcx Feb C.oil TGT Extended upto 3456

(Shorts Advised at 3524)

Amend Stops to abv 3514

Cmp 3483.

MARKET ALERT ON FEB 4 THURSDAY 8.40 PM IST


MCX Feb crude T 2 achievd at Rs 3501 .

Sell at Rs 3445 .

Hold for T 3 .

MKT ALERT AT 7.25 PM

MCX FEB CRUDE OIL; APPROACHING TGT 3510 CMP 3513/HOLD FOR TGTS 3501/3486//BOOK FURTHER PROFITS ( SELL AT 3545)

MCX FEB CRUDE: TRAIL STOPLOSS TO COST 3545.

MKT ALERT AT 2.50 PM

MCX FEB CRUDE : BOOK FURTHER PROIFTS AT CMP 3525( SELL AT 3545)/HOLD FOR TGT OTHERS.

MKT ALERT AT 2 .05 PM

MCX FEB CRUDE OIL FACING STRONG SUPPORT T 3530/LOW RISK TRADERS BOOK PART PROFITS UPTO 3533( SELL AT 3540 TO 3545)/OTHERS HOLD FOR TGTS AS PER LEVELS.CMP 3532.

Mcx Feb Crude oil Sell at 3540 to 3545 SL Abv 3570 TGT 3510

TECHNICALS FOR FEB 4

MCX FEB CRUDE

SUPP: 3542/3510/3485

RES: 3598/3615/3640

CLOSING COMMENTARY FOR FEB 3 WEDNESDAY

Crudeoil prices trading highly volatile between 3530 - 3600

levels. Prices came down till the strong sup 3630 - 3650 and

trading strong. Prices could test more highs above 3600

till 3650 levels.

MARKET ALERT AT 9.00 PM IST WEDNESDAY

CRUDE OIL INVENORY

ACTUAL: + 2.317 ( EXPEC + 0.4 MBRL )

GASOLINE - 1.306 MBRL

DISTILLATE - 0.9 MBRL

Negative for oil prices.

MKT ALERT AT 2.30 PM

MCX FEB CRUDE: T1 ACH AT 3590/BUY AT 3555 TO 3560.

MKT ALERT AT 1.35 PM

MCX FEB CRUDE APPROACHING T1 AT 3590 CURRENT HIGH 3587/LOW RISK TRADERS BOOK MAX PROFITS/OTHERS HOLD FOR LEVELS( BUY AT 3555TO 3560)

MARKET ALERT ON FEB 3 WEDNESDAY 12.50 PM IST


MCX Feb crude low risk traders book part profits up to Rs

3572. Buy was initiated at Rs 3555 to 3560 .

mkt alert at 11.15 am

Buy Crudeoil Feb between 3555 - 3560 SL below 3530 T1 3590 T2 3620

TECHNICALS FOR FEB 3

MCX FEB CRUDE OIL

SUPP; 3532/3510/3485

RES: 3577/3598/3618

CLOSING COMMENTRAY FOR FEB 2 TUESDAY

Crudeoil went up straight breaking all hurdles of 3480 -

3500 levels. Prices trading positively and a close or buying

tomo above 3540 levls could take prices till 3600 levels.

strong sup seen at 3500 - 3480 .

TECHNICALS FOR FEB 2
MCX FEB CRUDE OIL

SUPP: 3412/3390/3372

RES: 3456/3475/3498

WAIT FOR CALLS

Crude oil wnt up due to profit booking. Prices anyway trading sideways between 3380 - 3440 levels. Prices could correct again if not holds and closes above 3430 - 3440 levels till 3380 - 3350 levels. wait for confirmatin.

mkt alert at 3.40 pm

MCX FEB CRUDE UPDATE: LOOKS POSITIVE ABV 3695 WITH SUPPORT BELOW 3372 AND CLD TEST 3413/3426 LEVELS.

TECHNICALS FOR FEB 1

MCX FEB CRUDE OIL

SUPP:3350/3310/3280

RES: 3390/3430/3455

PREFRE SELLS AT RES