MRKT ALERT 8.02 PM

U.S Crude oil Inventory +2.9m Previous 7.3m forecost 2.4m mkt may test supports

UPDATES FOR MARCH 31 2010

MARCH 31 WEDNESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 3682 , S2 RS 3655 , S3 RS 3624

R1 RS 3735 , R2 RS 3768 , R3 RS 3802

WAIT FOR CONFIRMATION ,

TECHNICALS FOR NYMEX TRADE FOR MARCH 30 2010

MARCH 30 TUESDAY

TRADING LEVELS FOR EVENING SESSION

S1 RS 3700 , S2 RS 3678 , S3 RS 3652

R1 RS 3734 , R2 RS 3756 , R3 RS 3774

WAIT FOR CONFIRMATION .

MKT ALERT AT 1.50 PM

MCX APRIL CRUDE UPDATE: SHARP APPRECIATION IN INR LAST 2 DAYS

VS THE US DOLLAR HAS PEGGED DOWN CRUDE MCX PRICES1 LOW RISK TRADERS BEST ADVISED TO ENTER CRUDE TRADES AFTER CURRENCY MKTS CLOSE AT 5PM,

OR EXIT NEAR TO COST IN BUYS!CMP 3716.

Intraday call: Mcx Apr C.oil Buy At 3715 to 3720 SL blw 3698 TGT 3745

MARCH 30 DUE TO TECHNICALS PROBLEMS WE WILL NOT BE PUBLISHING THE SUPPORT AND RES LEVELS TODAY//HOWEVER CALLS AND ADVISORIES WL BE POSTED! SORRY

mkt alert at 6.20 pm

MCX April Crudeoil: low risk traders book part profits at cmp 3634/sell given at 3645 to 3650/others hold as per levels given.

MARKET ALERT ON MARCH 29 MONDAY 5.00 PM IST


Sell Crudeoil Apr between 3645-3650

SL above 3670

T1 3620

T2 3605

This is a high risk call .

MKT ALERT AT 8 AM MARCH 29

EXP OPEN HIGHER ABOUT 50 CENTS OR BY RS.20RS//SUPP STRONG

AT 3600 AND RES 3660.

UPDATE: MCX APRIL CRUDE HAS BEEN MOVING IN

A NARROW BAND 3650 TO 3750 FOR THE PASR 3 WEEKS; A

BREAK BELOW 3650 CLD SEE NEXT SUPPORT AT 3600;PIVOT FOR

THE CONTRACT IS SEEN AT AROUND 3765 LEVELS ON A CLOSING

BASIS FOR 2 CONSECUTIVE DAYS!

MARKET ALERT ON MARCH 26 FRIDAY 6.45 PM IST

MCX April crude cld test supports Rs 3615

Res is seen above Rs 3700

CMP Rs 3660

These are levels only .

TECHNICALS FOR NYMEX TRADE FOR MARCH 26 2010

MARCH 26 FRIDAY

TRADING LVELS FOR EVENING SESSION

S1 RS 3662, S2 RS 3637 , S3 RS 3618

R1 RS 3705 , R2RS 3723 , R3 RS 3747

WAIT FOR CONFIRATION .

MARKET ALERT ON MARCH 26 FRIDAY 11.15 PM IST

Crude oil giving no oppurtunity to trade for intra day .

Either break of Rs 3650 or 3670 could decide further

trend .

YUPDATES FOR MARCH 26 2010

MARCH 26 FRIDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 3672 , S2 RS 3654 , S3 RS 3630

R1 RS 3718 , R2 RS 3741 , R3 RS 3765

WAIT FOR CONFIRMATION .

REMINDER: SOME BOUNCE UP MAY BE SEEN IN ALL COMMODITIES!! /PROFTECT POSITONS WITH STRICT STOPS AND TRADE LESS VOLUMES TILL CRUDE AND SILVER MINI CUTS BELOW 3650 AND 26150!

MRKT ALERT 10.50 AM

MCX APR CRUDEOIL SELL RECO BELOW 3685, BOOK PART PROFITS UPTO 3670/OTHERS HOLD FOR LEVELS GIVEN.

MCX APRIL CRUDE: WEAK BELOW 3685 SL ABV 3710 TGTS

3650/3635

MKT ALERT AT 8PM

MCX APRIL CRUDE T2 ACH AT 3666/SELL AT 3700/.

US Crude Oil inventories data: Act 7.3 Mbrls (Exp 1.3M Prv 1.0M) Negative to Oil Prices.

MARKET ALERT ON MARCH 24 WEDNESDAY 6.30 PM IST'

MCX APR CRUDEOIL UPDATE - HAVE BOOKED PART PROFITS

AT 3681, CALL RUNNING FOR 3666. WEAK BELOW 3680

FOR TGTS 3660/3642 WITH REVISE SL ON BREAK

BELOW 3680 TO 3705.

MRKT ALERT 6.20 PM

MCX APR CRUDEOIL UPDATE - HAVE BOOKED PART PROFITS AT 3681, CALL RUNNING FOR 3666. WEAK BELOW 3680 FOR TGTS 3660/3642 WITH REVISE SL ON BREAK BELOW 3680 TO 3705.

MARKET ALERT ON MARCH 24 WEDNESDAY 4.15 PM IST


Expected EIA Crude inventories :

Crude up 1.5 Mnbrl ,

Distillate down 1.0 Mnbrl ,

Gasoline down 1.3 Mnbrl .

Actual data to be released at 8.00 PM .

MARKET ALERT ON MARCH 24 WEDNESDAY 2.20 PM IST

MARKET ALERT : MCX April crude breaks support at Rs 3700 /

Recommend sell on rises up to Rs 3700 , with stop loss above

Rs 3730 for targets Rs 3680 / 3666 .

MARKET ALERT ON MARCH 24 WEDNESDAY 1.50 PM IST


MCX April crude update : Pivot is seen at Rs 3700

( Yesterdays low Rs 3697 / if holds below Rs 3700 could

test next support Rs 3680 to 3660 ./Res now seen at

Rs 3730 .

For levels only .

MARKET ALERT ON MARCH 24 WEDNESDAY 11.10 AM IST

MCX April Crude oil immediete support seen at rs 3700

Positive only above Rs 3750

CMP Rs 3704.

UPDATES FOR MARCH 24 2010

MARCH 24 WEDNESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 3712 , S2 S 3690 , S 3RS 3672

R1 RS 3747 , R2 RS 3766 , R3 RS 3782

WAIT FOR CONFIRMATION .

MKT ALERT AT 7.45 PM

MCX APRIL CRUDE OIL: T1 ACH AT 3740/BUY GIVEN AT 3705 TO 3710.

MCX APRIL CRUDE; TRADERS HOLDINH LONGS AS PER OUR CALL AT 3705 TO 3710, BOOK PART PROFITS AT CMP 3723/OTHERS HOLD FOR LEVELS,

TECHNICALS FOR MARCH 23

MCX APRIL CRUDE OIL

SUPP 3687/3660/3630

RES 3735/3770/3789

MARKET ALERT ON MARCH 22 MONDAY 6.40 PM IST

MCX April Crude oil approaching Target 1 Rs 3625

Traders holding sells book further profits .

MRKT ALERT 6.20 PM

MCX APR CRUDEOIL TRADERS HOLDING SELLS CAN BOOK PART PROFITS UPTO 3648, OTHERS CAN HOLD FOR GIVEN TARGETS.

MARKET ALERT ON MARCH 22 MONDAY 5.10 PM IST

MCX April Crude traders holding sells as per our sell call

given at Rs 3663 to 3668

can book part profits up to Rs 3648 .

MARKET ALERT ON MARCH 22 MONDAY 3.30 PM IST

MCX April Crude oil Sell between Rs 3663 to 3668

stop loss above Rs 3685

Target 1 Rs 3625

Target 2 Rs 3605

HGigh risk call .

MARKET ALERYT ON MARCH 19 FRIDAY 8.30 PM IST


MCX April Crude Target 3 Achieved at Rs 3670 ,

Sell was given at Rs 3745 to 3740 .

MCX APRIL CRUDE APPROACHING T2 AT 3690/CMP 3692/BOOK PTOFITS/TGT EXT TO 3670 FOR HIGH RISK TRADERS.

MCX APRIL CRUDE OIL T1 ACH AT3705/SELL AT 3740 TO 3745/BOOK MAX PROFITS/OTHERS HOLD FOR T2.

MKT ALERT AT 7.35PM

MCX APRIL CRUDE: CMP 3723 BOOK FURTHER PROFITS/SELL GIVEN AT 3740 TO 3745/HOLD FOR LEVELS OTHERS.

MKT ALERT AT 4.40 M

MCX APRIL CRUDE: TRADERS HOLDING SELLS AT 3740 TO 3745 BOOK PART PROFITS AT 3728 TO 3730/OTHERS HOLD FOR LEVELS.

TECHNICALS FOR MARCH 19

MCX APRIL CRUDE

SUPP:3745/3720/3695

RES:3780/3795/3810

SELL APRIL CRUDE AT 3745 TO 3740 LEVELS SL 3772

TGT 3705/3690.

MKT ALERT AT 6 PM

MCX APRIL CRUDE: TRADERS HOLDING LONGS AT 3758 BOOK PART PROFTS AT CMP 3770.

TECHNICALS FOR MARCH 18

MCX APRIL CRUDE
SUPP;3742/3720/3700

RES: 3785/3810/3830

TRADERS CAN LONG APRIL CRUDE FOR TGT 3790 WITH SL 3728.

MARKET ALERT ON MARCH 17 WEDNESDAY 9.45 PM IST

MCX March Crude now has support below Rs 3728

Res is seen at Rs 3773/ 3796

CMP Rs 3752

These are trading levels only

Seems to have a positive bias .

US Crude Oil inventories data: Act +1.0 (Exp +0.6Mbrls Prv +1.4Mbrls)

MKT ALERT AT 6.30PM

Mcx Apr C.oil Low risk traders Book Profits & Others Hold longs for further TGT 3796 (Longs Advised at 3750-3752) Cmp 3770 Amend Stops to Cost.

MKT ALERT AT 6PM

MCX APRIL CRUDE; TRADERS HOLDING LONGS AT 3751, BOOK PART PROFITS ATCMP 3769/OYTHERS HOLD FOR LEVELS.

MKT ALERT AT 5.30PM

MCX APRIL CRUDE ; BUY AT 3751 SL 3736 TGT 3773.

UPDATES FOR MARCH 17 2010

MARCH 17 WEDNESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 3706 , S2 RS 3683 , S3 RS 3662

R1 RS 3752 , R2 RS 3776 , R3 RS 3798

WAIT FOR CONFIRMATION .

Expected Crude Oil Inventories Forecast 0.8M Previous 1.4M(Actual to be released tomorrow 8:00 p.m.)

MCX APRIL CRUDE WEAK BELOW 3655 WTH RES ABV 3671 AND CLD TEST SUPP 3636/HIGH RIsk TRADERS CAN INITIATE SELLS AT 3655 to 3660FOR TGT 3636 SL 3672.

TECHNICALS FOR MARCH 16

MCX APRIL CRUD EOIL

SUPP: 3640/3615/3595

RES: 3690/3720/3740

TECHNICALS FOR MARCH 15

MCX MARCH CRUDE OIL

SUPP: 3660/3625/3595

RES:3758/3795/3830

MRKT ALERT 7.30 PM

MCX MAR CRUDEOIL HIGH RISK TRADERS CAN BOOK PART PROFITS UPTO 3780, BUY GIVEN AROUND 3760, OTHERS CAN HOLD FOR GIVEN TGTS.

MRKT ALERT 6.50 PM

Buy Crudeoil Mar between 3755 - 3760 SL below 3730 T1 3785 T2 3810 ( High Risk BC)

TECHNICALS FOR MARCH 12

MCX MARCH CRUDE OIL

SUPP:3710/3690/3670

RES: 3758/3785/3810

MCX MARCH CRUDE: LOW RISK TRADERS EXIT LONGS UPTO3730.

MARKET ALERT ON MARCH 10 TUESDAY 9.45 PM IST

Buy Crudeoil Mar between 3740-3745

sl below 3713

T1 3780

T2 3820 .

TECHNICALS FOR MARCH 10

MCX MARCH CRUDE

SUPP; 3710/3680/3660

RES: 3748/3779/3790

MRKT ALERT 5.10 PM

Mcx Mar C.oil TGT Extended upto 3642 (Earlier TGT 3662) Book some more partial profits. Amend Stops to abv 3691

Expected Crude Oil Inventories Forecast 2.1M Previous 4.1M
(Actual to be released tomorrow 9:00 p.m.)

MKT ALERT AT 4.15 PM

MCX MARCH CRUDE: T1 ACH AT 3682/SELL AT 3705/HOLD FOR T2.

MARKET ALERT ON MARCH 9 TUESDAY 3.30 PM IST


MCX March Crude traders holding sells revise stop loss

above Rs 3711 and hold for Targets Rs 3682 / 3685 .

MCX MARCH CRUDE UPDATE: WEAK BELOW 3710, CLD TEST SUPP 3681 WITH RES ABV 3731/HIGH RISK TRADERS CLD SELL AT 3705 TO 3710 WITH SL ABV 3732 AND TGT 3682.

UPDATES FOR MARCH 9 2010

MRCH 9 TUESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 3684 , S2 RS 3658 , S3 RS 3635

R1 RS 3728 , R2 R S3756 , R 3 RS 3774

WAIT FOR CONFIRMATION .

MCX MARCH CRUDE: BOOK PART PROFITS AT CMP 3747( BUY AT 3730 TO 3735)/HOLD FOR LEVELS RES SEEN AT 3748.

MCX MARCH CRUDE OIL: POSITIVE ABV 3736 WITH SUPP BELOW 3722 AND CLD TEST RES 3759/HIGH RISK TRADERS CAN LONG CRUDE AT 3730 TO 3735 WITH THESE LEVELS.

TECHNICALS FOR MARCH 8

MCX MARCH CRUDE OIL

SUPP: 3680/3645/3595

RES; 3755/3795/3830

BUY ON DIPS

TECHNICALS FOR MARCH 5

MCX MARCH CRUDE OIL
SUPP:3665/3635/3610
RES:3710/3730/3755

MCX MAR CRUDEOIL TRADING HIGHLY VOLATILE AND RANGE BOUND BETWEEN 3600 - 3700. VERY STRONG RES IS SEEN AT 3710 AND A BREAK WITH VOL COULD TEST MORE HIGHS. THE LEVELS 3710 AND 3600 ON CLOSING BASIS COULD DECIDE FURTHER TREND.

TECHNICALS FOR MARCH 4

MCX MARCH CRUDE OIL

SUPP: 3660/3635/3505

res:3708/3732/3756

MARKET ALERT ON MARCH 3 WEDNESDAY 9.50 PM IST

MCX March crude now has support below Rs 3655

Res is seen at Rs 3726

These are trading levels only

CMP Rs 3690 .

Impact Expected Crude Oil Inventories Actual 4.1B Forecast 1.4M Previous 3.0M

EIA Expected Crude inventories:Crude up 1.4 mnb, Gasoline up 0.6 mnb,Distillate down 0.9 mnb.Actual to be released at 9:00 p.m.

TECHNICALS FOR MARCH 3

MCX MARCH CRUD EOIL

SUPP:3688/3660/3635

RES 3725/3752/3775

TECHNICALS FOR MARCH 2
MCX MARCH CRUDE OIL

SUPP: 3595/3555/3490
RES:3650/3690/3740

MRKT ALERT 7.39 PM

MCX MAR CRUDE LOOKS POSITIVE ABOVE 3690 AND COULD TEST 3730 - 3750 AND SUP SEEN BELOW 3660.HIGH RISK TRADERS CAN OPERATE WITH THESE LEVELS.