MCX OCT CRUDE OIL HAS SUPP AT 3500 AND RES 3535/3550//POSITVE ABV 3515.

UPDATES FOR SEPT 30 2010

SEPT 30 FRIDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 3496 , S2 RS 3472 , S3 RS 3441

R1 RS 3531 , R2 RS 3556 , R3 RS 3579

WAIT FOR CONFIRMATION .

GM, SEPT 30,7.50AM: CRUDE$77.75, POSITVE ABV 3505 RES AT 3540 AND SUPP 3475/NAT GAS$3.96//GOLD$1308 HIT RECORD HIGH ABV $1313 LAST NIGHT ,SILVER$21.86 HIT RECORD 30 YEAR HIGH ABV$22 YESTERDAY, BOTH BULLIONS BULLISH, HOLD SILVER MINIS AS PER BUY LEVELS GIVEN YESTERDAY )CARRYOVER)///LME COPPER HOLDS ABV $8000 ON GOOD CHINESE MANUFACTURING DATAS , WEAK US DOLLAR AND CONTINUOUS DRAWDOWN IN INVENTORIES TO 10 MONTH LOWS, CHINA CLOSED FOR 1 WEEK FROM TOMORROW// COPPER MORE POSITVE ON CLOSE ABV 363.50, /BASE METALS CURRENTLY DOWN IN EARLY TRADES , EXP OPEN LOWER SUPP AT 359 RES 363.50 LTO 362.10.

MRKT ALERT 8.04 PM

Crude Inventories Update: Act -0.5MExp -0.4M Prev 1M Data Below MKT Expectations Prices may trade Higher Imm Supp/Ress 3411/3465

UPDATES FOR SEPT 29 2010

SEPT 29 WEDNESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 3440 , S2 RS 3405 , S3 RS 3375

R1 RS 3495 , R2 RS 3515 , R3 RS 3535

WAIT FOR CONFIRMATION .

GM SEPT29,7.20AM: CRUDE$76.43, TRADING ABV RES 3475 NEXT RES 3500 SUPP 3450//NAT GAS$3.95//GOLD$1309 DECEMBER GOLD TGT 19350 ACH LAST NIGHT NEXT RES $1320 MCX AROUND 19450// SILVER$21.78 OUR CARRYOVER SILM BUY TGT 33050, SUPP NOW AT 32800 AND RES TGT 33250 IF SUSTAINS ABV 33000//BASE METALS TRADING AT HIGHS LME COPPER $7980 RES 363 SUPP 359, US DOLLAR WEAKENS TO 6 MONTH LOW AND LME STOCKS AT 10 MONTH LOWS, WEAK DOLLAR MAKES IT CHEAPER FOR PURCHASING BASE METALS, ALSO POOR CONSUMER CONFIDENCE DATA WEAKENS US DOLLAR!!

MCX OCT CRUDE OIL : LEVELS REMAIN SAME AS LAST NIGHT/ RESISTANCE SEEN ABV 3472 AND SUPPORTS 3440/3420.

UPDATES FOR SEPT 28 2010

SEPT 28 2TUESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 3420 , S2 RS 3385 , S3 RS 3350

R1 RS 3470 , R2 RS 3490 , R3 RS 3515

WAIT FOR CONFIRMATION ,.

GM SEPT 28,8AM: MKTS TRADING HIGHLY RANGE BOUND, HENCE LESS OPURTUNITIES YESTERDAY, AND CONTINUES TODAY// CRUDE$76.28,NAT HAS$3.80//GOLD$1294.50,SILVER$21.35 BOTH TRADING MARGINALLY WEAK MCX OPEN DEPENDS ON INR MOVEMENTS//BASE METALS TRADING FLAT WITH MILD NEGATIVE BIAS COPPER SUPP 357 RES 360.50 NICKEL SUPP 1030 RES 1048 SILVER SUPP 32350 RES 32950 GOLD SUPP 19020 RES 19200 CRUDE RES 3472 SUPP 3420.TRADERS ADVISED TO EXCERCISE CAUTION AND PATIENCE FOR FRESH ENTRY!!!

MCX OCT CRUDE OIL WEAK BELOW 3450 WITH RES SEEN ABV 3470 AND CLD TETS SUPPORTS AT 3430/3415/LEVELS FOR HIGH RISK TRADERS.

MCX OCT CRUDE OIL: T1 ACH AT 3495/BUY GIVEN AT 3475 TO 3480.

MCX OCT CRUDE OIL: BOOK PART PROFITS UPTO 3485 TO 3487/ BUY RECO AT 3475 TO 3480 LEVELS./OTHERS HOLD FOR LEVELS GIVEN.

MCX OCT CRUDE OIL; BUY AT 3475 TO 3480 SL 3460 TGT 3495/3504/3510. DO LESS VOLUMES, MEDIUM RISK.

MCX OCT CRUDE OIL: OVERALL RANGE BOUND MILD POSITVE ABV 3480 WITH SUPP AT 3460 AND CLD TEST RES AT 3504/3524/FOR LEVELS ONLY.

CHINA OPENS TODAY AFTER 3DAYS HOLIDAY; WILL REMAIN CLOSED AGAIN FROM 1 OCT TO OCT 8// LME COPPER $7960//USD REMAINS WEAK AGAINST EORU BOOSTING COMMODITIES.

GM SEPT 27, 7.40AM; CRUDE$76.57 OPENS FLAT//NAT GAS OPENS SHARPLY DOWN $3.76 DOEN OVER 2%// GOLD $1297, SILVER$21.41 SILVER SUPP 32300 RES 32740/32950/33050, GOLD SUPP 19060 RES 19180, 19250// BASE METALS OPENS MARGINALLY DOWN COPPER SUPP 360 RES 365.

GM SEPT 25 ,7.45AM: CRUDE$76.49 LTP 3477; NAT GAS $3.90//GOLD$1298 SUPP 1908 RES 192000, SILVER$21.39 CARRYOVER LONGS LAST 2 DAYS TRAIL SL TO 32300 AND HOLD FOR 32740/32950( INR STRENGTH HOLDING BACK BULLIONS IN MCX SILVER TRADING AT 30 YEAR HIGHS HOLD LIFE HIGHS)//COPPER LTP 361.10 SUPP 357.80 RES 363, NICKEL LTP 1041 SUPP 1035 RES 1048; ZINC LEAD ALU TRADING STRONG// CHINA OPENS ON MONDAY THEN GOES FOR A WEEKS HOLIDAY AFTER 3 DAYS!!!!!!!!!!

MRKT ALERT 5.45 PM

MCX OCT CRUDEOIL LOOK POSITIVE ABOVE 3440 VERY STRONG SUP SEEN AT 3410/3400 LEVELS AND COULD TEST 3475/3495 (LEVELS ONLY).

UPDATES FOR SEPT 23 2010

SEPT 23 FRIDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 3425 , S2 RS 3390 , S3 RS 3370

R1 RS 3475 , R2 RS 3498 , R3 RS 3520

WAIT FOR CONFIRMATION .

GM SEPT 24,8AM: CRUDE$74.86, NAT GAS$4.02/GOLD$1293,SILVER$21.16, ALL TRADING FLAT IN EARLY TRADES, SILVER SUPP 32300 RES 32650/32740//BASE METALS TRADING MARGINAALY DOWN, LME COPPER CMP$7880 HIGH YESTERDAY $7909, COMMEX COPPER$3.5850, MCX SUPP 358 RES 362.50.//DATA TONITE : NEW HOLE SALES, DURABLE GOODS ORDERS.

MRKT ALERT 5.47 PM

MCX Oct Crude looks weak below 3400 and could test 3380 - 3360. Res at 3420. Levels for high risk traders.

TECHNICALS FOR SEPT 23

MCX OCT CRUDE OIL

SUpp:3405/3385/3360

RES: 3440/3460/3485

GM SEPT 23, 7.15AM: CRUDE$74.74 HIGHER FROM LAST NIGHT CLOSE IN MCX// NAT GAS $3.98// GOLD$1294 EXP OPEN HIGHER, SILVER$21.24 EXP POSITVE OPEN , HOLD SILVER MINI BUYS GIVEN TESTERDAY AS PER TGTS GIVEN//BASE METALS TRADING AT HIGHS LME COPPER$7838 MCX SUPP 357 RES 360, NICKEL SUPP 1024 RES 1043//ZINC POSITVE WITH RES 99.80 SUPP 98//

MRKT ALERT 8.05 PM

CRUDE OIL INVENTORY 8.00 PM : PREVIOUS - 2.5 M FORECAST -1.5 M ACTUAL IS 1.0 M

MRKT ALERT 6.34 PM

MCX OCT CRUDEOIL APP OUR T1 AT 3485, BUY GIVEN AT 3460 FOR HIGH RISK TRADERS. CMP 3480

MRKT ALERT 6.26 PM

MCX OCT CRUDEOIL HIGH RISK TRADERS HOLDING LONGS CAN BOOK PART PROFITS UPTO 3473, BUY GIVEN AT 3460. (RESET).

MRKT ALERT 5.48 PM

MCX OCT CRUDEOIL HIGH RISK TRADERS HOLDING LONGS CAN BOOK PART PROFITS UPTO 3470, BUY GIVEN AT 3460.

MRKT ALERT 5.18 PM

Buy Crudeoil Oct between 3460 - 3465 SL below 3440 T1 3485 T2 3499 ( High Risk)

TECHNICALS FOR SEPT 22

MCX OCT CRUDE

SUPP: 3460/3440/3420

RES: 3510/3535/3560

FOMC KEEPS INTEREST RATES UNCHANGED// GOLD HITS RECORD HIGH CLOSES ABV $1287 CMP $1288, SILVER $20.97//BASE METALS AND CRUDE OPENS HIGHER// USD WEAKENS AFTER FED MOVE!

UPDATES FOR SEPT 21 2010

SEPT 21 TUESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 3485 , S2 RS 3440 , S3 RS 3415

R1 RS 3540 , R2 RS 3565 , R3 RS 3585

WAIT FOR CONFIRMATION .

GM SEPT21,7.45AM: CRUDE$74.39 OPENS MARGINALLY LOWE, NAT GAS$3.82 TRADING FLAT//GOLD$1279, SILVER$20.80 BOTH TRADING FLAT//WAYCH OUT FOR INR OPEN FOR OPEN RATES//LME COPPER$7739 TRADING MARGINALLY POSITIVE RES 356.50 SUPP 352/350.50/NICKEL SUPP1049 RES 1074//ZINC AND LEAD TRADING FLAT PAST 3 DAYS//FOMC RATE DECISION MEET TONITE; BUILDING STARTS AND PERMITS DATA THIS EVENING.

REMINDER: WHERE MKTS ARE CHOPPY AS IT IS TODAY ,MEMBERS ADVISED TO KEEP BOOKING PART PROFITS AS WND WHEN RECOMMENDED AND LOW RISK TRADESR TRAIL SL AROUND COST!!!

MRKT ALERT 6.10 PM

MCX OCT CRUDEOIL TRADERS CAN BOOK PART PROFITS UPTO 3450, OTHERS HOLD FOR GIVEN TARGETS, SELL GIVEN AT 3460 FOR HIGH RISK TRADERS.

THE FED MEETS TOMORROW IN THE US TO DECIDE ON VARIOUS STIMULUS MEASURES AND LOW INTEREST RATE REGIME EVEN AS USD PLUNGED TO A 4 WEEK LOW AGAINST THE EUR0//SIDEWARD MOVEMENT EXP TILL THEN// CRUDE SEPT CONTRACT EXPIRY THIS EVENING!!!

reminderr crude sell is high risk call/if trades abv 3465 cld be mild positve.

Sell Crudeoil Oct between 3455 - 3460 SL above 3482 T1 3425 - 3405 ( High Risk )

Gold looks postiive on a hold above 19100, sup seen at 19050 and Res 19150 - 19200. Silver trading range bound between 32000 - 32500, either break and close could decide further trend.
Crudeoil Oct looks weak below 3450 till 3420 - 3400 Res 3490. Nickel range bound between 1070 - 1080. Sup 1066 Res 1080 - 1082

UPDATES FOR SEPT 20 2010

SEPT 20 MONDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 3356 , S2 RS 3321 , S3 RS 3296

R1 RS 3405 , R2 RS 3442 , R3 RS 3462

WAIT FOR CONFIRMATION .

GM SEPT20,7.40AM: CRUDE$73.88 TRADING FLAT TO MARGINALLY UP//NAT GAS $3.93 OPENS DOWN OVER 1%/ GOLD$1279, SILVER 20.86 OPENSFLAT TO MARGINALLY POSITIVE ( WATCH OUT FOR INR OPEN !!)//BASE METALS OPEN POSITIVE LME COPPER $7735 OPENS HIGHER ABOUT 0.30%//FE MEET IN US TOMORROW// CHINA MKTS CLOSED THIS WEEK 22, 23, 24 SEPT//

MRKT ALERT 1.15 PM

MCX Sep Crudeoil looks positive above 3445 and could test 3470 - 3490 levels. Sup seen at 3425 ( Levels for High Risk Traders )

UPDATES FOR SEPT 17 2010

SEPT 17 FRIDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 3415 , S2 RS 3380 , S3 RS 3360

R1 RS 3470 , R2 RS 3495 , R3 RS 3515

WAIT FOR CONFIRMATION .

BASE METALS TRADING FLAT LME COPPER $7648//COPPER SUPP AT 354 RES 357.50, A WEEKLY CLOSE ABV $3.50 IN COMMEX MORE POSITVE CMP $3.48//NICKEL SUPP 1060 RES 1085// LAED, ZINC, ALU ALL RANGE BOUND PAST FEW DAYS, NO OPURTUNITY YET!!

GM, SEPT 17, 8AM: CRUDE $74.55, TRADING SAME LEVELS AS LAST NIGHT WEAK BELOW 3448 WITH RES ABV 3470 AND NEXT SUPP 3425/3410//NAT GAS44.06 CLOSED STRONGLY INSPITE OF WEAK DATAS TRADING MARGINALLY PORITIVE NOW//GOLS$1276 HOLD LONGS GOLDM AS PER OUR BUY, SUPP 19100 RES 19250/19280,LGD NEXT RES $1282//LSI $20.82 TRADING POSITVE HOLD LONGS SILVERMINIS AS PWER OUR BUY SUPP 31980 RES 32450//

MCX SEPT CRUDE OIL: T1 ACH AT 3465 CMP 3461/SELL RECO FOR HIGH RISK TRADERS BELOW 3480.

MCX SEPT CRUD EOIL: GIVEN FOR HIGH RISK TRADESR AS LEVELS ELL BELOW 3480 CMP 3468/TRDFAERS HOLDING SEL BOOK PART PROFITS.

GM, SEPT 16, 8.10AM: CRUDE $75.55 TRADING MARGINALLY LOWER, SUPP STRONG AT 3450 RES 3525/3550 TRADING ZIG ZAG PAST FEW DAYS //NAT GAS$4.00//GOLD$1269, SILVER $20.59 SUPP 31800 RES 32300/32450 HOLD SILMINI LONGS AS PER OOUR BUY YESTERDAY// BASE METALS TRADING FLAT TO MARGINALLY POSITVE LME COPPER $7620, COPPER SUPP 351 RES 357, NICKEL SUPP 1060 RES 1085//DATA FROM US TONITE INITIAL JOBLESS CLAIMS!!

MRKT ALERT 8 PM

08:00 pm USD Medium Impact Expected Crude Oil Inventories Actual -2.5M Forecast -2.6M Previous -1.9M

CRUDEOIL INVENTORY FORECAST: -2.6 MB// PREVIOUS -1.9MB //ACTUALS AT 8 PM TONITE.

UPDATES FOR SEPT 15 2010

SEPT 15 WEDNESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 3530 , S2 RS 3505 , S3 RS 3481

R1 RS 3568 , R2 RS 3592 , R3 RS 3614

WAIT FOR CONFIRMATION .

UPDATE AT 9 AM: CRUDE $76.15, TRADING LOWER MARGINALLY//BULLIONS TRADING MILD POSITIVE, SILVER TRADES POSITVE , INR OPENS FLAT 46.44// BASE METALS OPEN MILD DOWN!!!

GM SEPT 15.7.40AM: CRUDE$76.31( LTP 3544 SUPP 3520 RES 3570), NAT GAS$3.96//GOLD$1271, SILVER$12.51, GOLD LTP 19199 POSITIVE ABV 19200 TILL 19280/19340 SUPP 19080, 19000, SILVER BULLISH SUPP 31900 RES 32180/32300//BASE METALS TRADING FLATWITH MILD NEGATIVE BIAS//COPPER SUPP 350 RES 357, NICKL POSITVE WITH SUPP 1060 RES 1085//

MRKT ALERT 8.33 PM

MCX SEP CRUDEOIL APP OUR T1 AT 3620, BUY GIVEN AT 3580 FOR HIGH RISK TRADERS. CURRENT HIGH 3612.

MRKT ALERT 8.04 PM

MCX SEP CRUDEOIL TRADERS CAN BOOK FURTHER PROFITS UPTO 3603, BUY GIVEN AT 3580 FOR HIGH RISK TRADERS.

MRKT ALERT 7.30 PM

MCX SEP CRUDEOIL TRADERS CAN BOOK PART PROFITS UPTO 3590, BUY GIVEN AT 3580 FOR HIGH RISK TRADERS. (RESET)

BASE METALS CORRECTING DOWN, NICKEL TESTED SUPP1 AT 1059//COPPER SUPP STRONG AT 350//CRUDE NOT SUSTAINING AT HIGHER LEVELS, IMM SUPPORTS AT 3560/3548!!!!! RES AT 3590.TRADERS HOLDING POSITONS IN ANY OF ABV FOLLOW GIVEN LEVELS HERE

MRKT ALERT 12.50 PM

MCX Sep Crudeoil traders can book part profits upto 3595, others hold for targets given. Buy initiated at 3585..!

MARKET ALERT ON SEPT 14 TUESDAY 12.30 PM IST

Buy Crudeoil Sep between 3580 - 3585

SL below 3560

T1 3620

T2 3640

( High Risk )

UPDATES FOR SEPT 14 2010

SEPT 14 TUESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 3560 , S2 RS 3535 , S3 RS 3515

R1 RS 3615 , R2 R S3635 ,R3 RS 3650

WAIT FOR CONFIRMATION.

GM SEPT 14,8AM: CRUDE$77.15( TRADING FLAT AT SAME CLOSING LEVELS SUPP 3570 RES 3620), NAT GAS$3.95( RES CLOSE ABV 185, SUPP 177.80)//GOLD$1251, SILVER$20.17( SUPP 31280 RES 31700)//BASE METALS TRADING FLAT LME COPPER $7620//

UPDATES FOR SEPT 13 2010

SEPT 13 MONDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 3505 , S2 RS 3481 , S3 RS 3460

R1 RS 3571 , R2 RS 3600 , R3 RS 3640

WAIT FOR CONFIRMATION .

GM SEP 13, 7.20AM:CRUDE OPENS HIGHER CMP$77.17, EXP GAP UP OPEN//NAT GAS$3.81 TRADING LOWER OVER 1%//GOLD$1243, SILVER$19.89//BASE METALS OPEN SHARPLY HIGHER ON STRONG CHINA PRODUCTION DATAS OVER WEEKEND; COPPER UP OVER 1%, NICKEL, ZINC GAP UP AS PER CURRENT EARLY TRADES!!

GE:CRUDE$75.85( EXP GAP UP OPEN)/NAT GAS$3.80( POSITVE OPEN)//GOLD$1251, SILVER$19.94//BASE METALS TRADING FLAT!!!LME COPPER $7557.

UPDATE AT 1 PM: CRUDE TRADING ABV STRONG RES$75.50, CMP$75.70, AS PER CURRENT LEVELS MCX CRUDE CLD OPEN BIG GAP UP!!!!!//BASE METALS RECOVERING FROM MORNING LOWS!!!

MKT UPDATE AT 12.45 PM: CRUDE RALLIES ABV $75, CMP$75.22, NAT GAS$3.78//GOLD$1248, SILVER$19.81//BASE METALS:COPPER,NICKEL TRADING FLAT TO MARGINALLY LOWER; ALUMINIUM TRADING HIGHER;ZINC AND LEAD FLAT!!!

AKAHAYA TEAM WISHES ALL ITS MEMBERS A HAPPY FESTIVE WEEKEND!!!

SEPT 10,7.50AM:CRUDE$74.85, LTP MCX 3469 TRADING AT EXACT SUPP 3470 LAST NIGHT WENT DOWN SHARPLY TO $74.30, NOW RECOVERED CMP MCX AROUND 3490//NAT GAS$3.80, MARGINALLY HIGHER//GOLD$1245, SILVER$19.71; BULLIONS TRADING WEAK GOLD SUPP 19880 RES 19080 SILVER SUPP 31000 RES 31500//BASE METALS OPEN MARGINALLY LOWER LME COPPER$7520 LTP 353.50 AT CURRENT LEVELS MCX AROUND 352.75//TRADA DATA FROMCHINA TO BE WATCHED THIS MORNING!

MRKT ALERT 8.35 PM

MCX SEP CRUDEOIL APP OUR T1 AT 3545, BUY GIVEN AT 3500 YESTERDAY CARRY OVER CALL. CURRENT HIGH 3537.

MRKT ALERT 8.32 PM

Crudeoil Inventories Actual -1.9M Forecast 0.7M Previous 3.4M

MRKT ALERT 6.39 PM

MCX SEP CRUDEOIL BOOK FURTHER PROFITS UPTO 3530/ OTHERS HOLD FOR LEVELS GIVEN.

MRKT ALERT 6.33 PM

MCX SEP CRUDEOIL TRADERS CAN BOOK PART PROFITS UPTO 3517, BUY GIVEN AT 3500 YESTERDAY CARRY OVER CALL.

MRKT ALERT 6.02 PM

US economic data6.00pm Trade Balance: Act -42.78 , Exp -47.4, Prior -49.9 (Billions)6.00pm Initial jobless claims: Act 451, Exp 470, Prior 472 (Thousands).

MRKT ALERT 2.45 PM

News Tonight - 6.00 PM Trade balance Prv -49.9B Exp -47.4B, 6.00 PM Unemployment Claims Prv 472K Exp 470K. 8.00 PM Natural Gas storage - Prv 54B Exp 51B. 8.30 PM Crudeoil Inventories - Prv 3.4M Exp 0.7M.

MARKETS CLOSED ON FRIDAY SEPT 10 MORNING SESSION, OPEN FROM 5 PM TO 11.30PM//MKTS CLOSED ON SATURDAY SEPT 11//TRADE LESS TODAY AND DO NOT CARRY OVER POSITIONS!!!

OUR CARRYOVER HIGH RISK BUY CRUDE AT 3500, CMP 3493/ MUTIPLE LOT HOLDERS REDUCE LOTS, LOW RIKS EXIT//WAIT FOR CLEAR DIRECTION/OTHERS KEEP STRICT SL.

UPDATES FOR SEPT 9 2010

SEPT 9 THURSDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 3785 , S2 RS 3465 , S3 RS 3440

R1 RS 3525 , R2 RS 3545 , R3 RS 3560

WAIT FOR CONFIRMATION .

GM, SEPT 9,7.45AM:CRUDE$74.70,NAT GAS$3.81//GOLD$1256/SILVER$19.83//MAJOR GAP DOWN IN BASE METALS IN OPENING TRADES DOWN ABOUT 2%!!!!!! STATEMENTS FROM FED LAST NIGHT TALKS OF DECELLERATION IN US ECONOMIC GROWTH!!!

MKT CLOSE ON SEPT8

HIGH RISK CARRY OVER: BUY SEPT CRUDE AT 3500 TO 3505 SL BELOW 3468 TGTS 3545/3565.

MRKT ALERT 10.30 PM

BUY CRUDEOIL SEP BETWEEN 3500-3505 SL BELOW 3468 T1 3545 T2 3565 (HIGH RISK CARRY OVER)

MCX SEPT CRUD EOIL TESTED RES 1 AT 3480 AND APP RES 2 AT 3490 CMP 3487// LOOKS POSITIVE NEXT RES AT 3500 TO 3510.//GIVEN AT 3460.

MCX SEPT CUDE OIL UPDATE; POSITVE MILDLY ABV 3460 WITH SUPP AT 3440 AND CLD TEST RES 3480/3490( GIVEN AS LEVELS)

MCX SEPT CRUDE OIL:BREAKS INTERMEDIATE SUPP AT 3450 WITH RES NOW SEEN ABV 3475 ANND SUPP NOW AT 3430/3410( LEVELS ONLY).

UPDAT AT 8.15AM; BULLIONS HOLDING//CRUDE $73.70//BASE METALS TRADING FLAT TO MARGINALLY DOWN//BASE METALS DRIFTED DOWN YESTERDAY ON STRONGER DOLLAR VS EURO, ON SOME EURO CONCERNS ON BANKS AND LESS THAN EXP GERMAN INDUSTRIAL DATA!! BULLIONS SHOT UP ON EURO BANK CONCERNS!!

GM, SEPT8,7A.35 AM: CRUDE$73.70( DOWN ABOUT 35 CENTS ) LTP 3490, EXP OPEN MARGINALLY DOWN, RES NOW AT 3520 SUPP 3460//NAT GAS$3.90 UP ABOUT 1%//GOLD$1257(SUPP 19000 RES 19230), SILVER$19.89 SUPP 31100 RES 31700, HIGH RISK TRADERS HOLD CARROVER LONGS//BASE METALS OPEN MARGINALLY DOWN, LME COPPER BELOW$7700, COPPER LTP 357.40 SUPP 355 RES 359 TO 360.50//HIGH RIKS TRADERS HOLD CARRYOVER LONGS IN ZINCMINI//

MCX SEPT CRUD EOIL TRADING BELOW SUPPORT 3440, CLD TEST SUPP 3420/3405 WITH RES ABV 3465( LEVELS FOR TRDERS HOLDING POSITONS, OR FOR HIGH RISK TRADERS FOR SELLS)

Crude trading range bound between 3440 - 3500. Either break out could decide further trend.

UPDATES FOR SEPT 7 2010

SEPT 7 TUESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 3430 , S2 RS 3405 , S3 RS 3385

R1 RS 3499 , R2 RS 3520 , R3 RS 3545

WAIT FOR CONFIRMATION.

UPDATE AT 8.30AM; CRUDE TRADING AT AROUND$74, EXP OPEN WITH NEGATIVE BIAS//BASE METALS OPEN LOWER, EXP NEGATIVE OPEN// COPPER SUPP 357/WEEKLY SUPP 355 RES 363//NICKEL SUPP 1018( WEEKLY SUPP 1000) RES 1038//ZINC SUPP 99.60 , LEAD SUPP 100.10//SILVER OPENS MARGINALLY DOWN SUPP 31000 RES 31650.

GM SEPT7,7.30AM:MKTS HOLDING AT SAME LEVELS IN EARLY TRADES//CRUDE$74.07, LTP 3460//NAT GAS TRADING LOWER AT $3.86a( DOWN OVER 1%)//GOLD $1250,SILVER$19.87( TRADING FLAT)//LME COPPER $7690 LTP 360.60//ALLBASE METALS TRADING FLAT TO MARGINALLY DOWN IN EARLY TRADES.

UPDATES FOR SEPT 6 2010

SEPT 6 MONDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 3440 , S2 RS 3415 , S3 RS 3390

R1 RS 3525 , R2 RS 3550 , R3 RS 3570

WAIT FOR CONFIRMATION .

GM SEPT6.7.30AM:CRUDE$74.27( TRADING FLAT TO MARGINALLY DOWN LTP3471, SUPP 3440 RES 3500/3520//NAT GAS43.89 OPENS WEAKER//GOLD$1249,SILVER$19.85( BULLIONS OPEN FLAT) WEEKLY SUPP GOLD 19800 RES 19150, SILVER SUPP 31000 RES 31650, SILVER A WEEKLY CLOSE ABV $20.10 CLD SEE HIGH LEVELS SUPP NOW $19.50, GOLD RES $1265 SUPP$1235.//BASE METALS OPEN POSITIVE KLME COPPER $7667,ALL BASE METALS EXP OPEN POSITIVE!!!!!!!

MKT UPDATE: GOLD TESTED STRONG SUPP 18850 AND REBOUNG AGAIN, IN LGD $1235 IS STRONG SUPPORTNOW A BREAK ABV 19000 CLD SEE SOME RECOVERY AGAIN//SILVER EXTREME BULLISHNESS SEEN UNABLE TO BREAK SUPP 30800 REBOUNDED SHARPLY , NOW SUPP 31000 AND RES 31450/31650, LSI CLOSE ABV $19.80 CLD SEE NEXT RES AT $20.30, 20.50.20.80!!!

GM SEPT 4,8.30AM:MKT UPDATE AT CLOSE; CRUDE UNABLE TO SUSTAIN AT HIGHER LEVELS AND BROKE SUPP 3480 AND IMMLY TESTED FURTHER SUPP 3450/3430, STILL LOOKS WEAK BELOW 3480 LTP 3460 UNLESS BREAKS ABV 3520 FOR CLOSE BEARISHNESS SEEN!!//NAT GAS SEES STRONG RECOVERY PAST 2 DAYS FROM STRONG SUPP 175 CLD TEST 183/185/187 AGAIN.

US MARKETS CLOSED ON MONDAY 6 SEPTEMBER ON ACCOUNT OF LABOUR DAY.

our crude buy at 3500 given sl below 3480 low 3482, then t1 ach at 3525 high 3534 now trail sl to cost for multiple lot holders!!!!!!

MCX SEPT CRUD EOIL; T1 ACYH AT 3525/BUY AT 3500.

REMINDER : HUGE VOLATOLITY CLD BE EXP ON DATA RELEASE AFTER 6 PM//LOW RIKS TRADERS EXIT POSITIONS OR TRAIL SL TO COST//HIGH RISK TRADERS KEEP STRICT SL.

MCX SEPT CRUDE : LOW RISK TRADERS BOOK PART PROFITS UPTO 3511//BUY GIVEN AT 3500 TO 3504/ OTHERS HOLD AS PER LEVELS.

Buy Crudeoil Sep between 3500 - 3504 SL below 3480 T1 3525 - 3545

UPDATES FOR SEPT 3 2010

SEPT 3 FRIDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 3460 , S2 RS 3430 , S3 RS 3402

R1 RS 3525 , R2 RS 3550 , R3 RS 3570

WAIT FOR CONFIRMATION .

GM, SEPT3,8AM:CRUDE$74.75( POSITIVE ABV 3500 WITH SUPP 3470 AND RES 3525/3550,, MAJOR ACCIDENT ALONG THE GULF OF MEXICO PLATFORM HELP SUPP PRICES BY CLOSE, LTP 3490), NAT GAS$3.78 TRADIMNG HIGHER AT OPEN RES 183/185 SUPP 175///GOLD $1251 STRONG SUPP 19000 RES 19150, HOLD LONGS IN GOLDMINIS AS PER OUR POSITIONAL BUY FROM LAST WEEK/SILVER$19.63, SUPP 30800 RES 31250, 31450, HIGH RISK TRADERS HOLD LONGS SILVERMINI AS PER OUR BUY LAST EVENING/

MCX SEPT CRUDE IS POSITVE ONLY ONA CLOSE ABV 3520, TILL THEN SELL ON RISES WITH SL ABV 3520//WEAK BELOW 3440 TILL 3400/3380.

METALS UPDATE: POSITVE MANUFACTURING DATAS FROM CHINA AND US PUSHED UP BASE METALS COMPLEX, WHILE THE USD SLID DOWN BOOSTING COMMODITIES//COPPER A CLOSE ABV 359 MORE POSITVE , LTP 357.80 SUPP NOW AT 354//NICKEL SUPP 883 AND RES 1010/1018//ZINC ZND LEAD LOOK POSITVE, LEAD RES 100.30 SUPP 99ZINC SUPP 99.60 RES 101//LOTS OF DATA TONITE WL DECIDE NEXT MOVE:INITIAL JOBLESS CLAIMS, FACTORY ORDERS,PENDING HOME SALES, GAS STRORAGE!!

GM, SEPT 2,7.30AM: CRUDE$73.90, NAT GAS$3.76( BOTH TRADING FLAT, CRUDE LTP 3490, RES AT 3520 AND SUPP AT 3465//GOLD$1247, CORRECTED MARGINALLY ON RALLY IN EQUITY DOW UP 250 PTS, SUPP 18900 RES 19150; SILVER$19.35, SUPP 30500 RES 30900, 31100//

MARKET ALERT ON SEPT 1 WEDNESDAY 8.00 PM IST

CRUDE OIL INVENTORIES :

Actual 3.4 M

Forecast 1.3 M

Previous 4.1 M .

MRKT ALERT 4.15 PM

MCX SEP CRUDEOIL WEAK BELOW 3420 WITH RES SEEN ABOVE 3440 AND COULD TEST SUP 3400/3380 (LEVELS ONLY)

GM SEPT1,7.45AM:CRUDE$72.12 MCX LYP 3450 SUPP 3520 RES 3480, INVENTORY TONITE EXP UP 1.3MB//NAT GAS$3.77 OPENS MARGINALLY LOWER//GOLD$1247,SILVER$19.36; HOLD CARRYOVER LONGS RUNNING FOR TGTS 19200/19300( BUY CARROVER LAST 2 DAYS FROM 18870)SILVER MINI HITS T1 LAST NIGHT 30900( HIGH RISK BUY GIVEN AT 30650)NEXT TTGT 31000/31100( TRADES CAREFULLY AS IN OVER BOUGHT ZONE!!!