MRKT ALERT 7.15 PM

MCX FEB CRUDEOIL LOOKS POSITIVE ABOVE 3445, AND COULD TEST 3475/3490, SUP SEEN AT 3410.

MARKET ALERT ON JAN 29 FRIDAY

MCX Jan Crude oil looks positive above Rs 3444

Support is seen below Rs 3410

Res is seen at Rs 3468/ 3482.

These are trading levels and High risk traders can operate with these

levels.

technicals for jan 29

mcx feb crude:3385/3356/3323

res: 3442/3466/3492

wait for calls

TECHNICALS FOR JAN 28

MCX FEB CRUDE

SUPP: 3410/3382/3355

RES:3470/3495/3511

WAIT FOR CALLS

MARKET ALERT MN JAN 27 WEDNESDAY

US Crude Oil Inventories Data:

Act -3.9Mbrls

(Exp +1.4Mbrls Prv -0.4Mbrls)

Positive to Oil Prices.

MARKET ALERT ON JAN 27 8.50 PM IST


MCX Feb Crude inventory expected in 10 minutes ,

low risk traders exit longs up to Rs 3465 to 3470 levels.

High risk traders hold trades as per levels .

MARKET ALERT ON JAN 27 WEDNESDAY 5.00 PM IST

Buy Crudeoil Feb above 3485

SL below 3445

T1 3525

T2 3550

This is a High Risk call.

TECHNICALS FOR JAN 27

MCX FEB CRUDE

SUPP:3441/3402/3374

RES: 3495/3523/3545

WAIT FOR ENTRY

UPDATES FOR JAN 25 2010

JAN 25 MONDAY
'
TRADING LEVELS FOR MORNING SESSION

S1 RS 3410 , S2 RS 3382 , S3 RS 3356

R1 RS 3461 , R2 RS 3482 , R3 RS 3516

WAIT FOR CONFIRMATION .

MKT ALERT AT 2.50 PM

LOW RISK TRADERS EXIT SHORTS IN CRUDE UPTO 3530.

MKT ALERT AT 2.15 PM

TRADERS REVISE STOPS IN CRUDE SELLS TO 3550.

MKT ALERT AT 1.45 PM

SELL MCX FEB CRUDE AT 3525 TO 3530 SL ABV 3541

TGT 3495 TRADE LESS VOLUMES.

UPDATES FOR JAN 22 2010

JAN 22 FRIDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 3508 , S2 RS 3485 , S3 RS 3462

R1 RS 3562 , R2 RS 3588 , R3 RS 3615

WAIT FOR CO NFIRMATION .

exp nat gas inventory: dn 230 bcf// crude exp inventory up 2.4 mb.

MCX FEB CRUDE : LOW RISK TRADERS BOOK FULL PROFITS AT 3580 LEVELS SOIME BOUNCE CLD BE SEEN/ UNLESS BREAKS LOW.

MKT ALERT AT 2.35

T1 ACH AT 3580 SELL CALL.

MKT ALERT AT 12 NOON

SELL CRUDE AT 3600 SL ABV 3625 TGTS 3580./3560/3540.

UPDATES FOR JAN 21 2010

JAN 21 THURSDAY

TRADING LEVELS FOR MORNING SESSION


S1 RS 3562 , S2 RS 3547 , S3 RS 3523

R1 RS 3615 , R2 RS 3638 , R3 RS 3661

WAIT FOR CONFIRMATION .

MARKET ALERT ON JAN 20 WEDNESDAY 9.00PM IST


MCX Jan Crude low risk traders can book part profits at

CMP Rs 3583 , sell was given at Rs 3595 to 3600.

MARKET ALERT ON JAN 20 WEDNESDAY 8.00PM IST

SELL MCX Crude at Rs 3695 to 3600

sl below Rs 3625

T1 rS 3560

T 2 Rs 3545.

UPDATES FOR JAN 20 2010

JAN 20 WEDNESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 3603 , S2 RS 3575 , S3 RS 3552

R1 RS 3635 , R2 RS 3658 , R3 RS 3676

WAIT FOR CONFIRMATION .

UPDATES FOR JAN 19 TUESDAY

JAN 19 TUESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 3572 , S2 RS 3548 , S3 RS 3523

R1 RS 3592 , R2 RS 3615 , R3 RS 3641

WAIT FOR CONFIRMATION .

UPDATES FOR JAN 19 TUESDAY

UPDATES FOR JAN 18 2010

JAN 18 MONDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 3547 , S2 RS 3505 , S3 RS 3480

R1 RS 3590 , R2 RS 3640 , R3 RS 3670

WAIT FOR CONFIRMATION .

CLOSING COMMENTARY FOR JAN 15 FRIDAY

Crudeoil continuous to trade negative but with slow movement.

Prices highly stuck around 3600 - 3630 levels. A break and

close below 3590 could take prices still lower upto

3550 - 3500 levels soon.

UPDATES FOR JAN 15 2010

JAN 15 FRIDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 3610 , S2 RS 3575 , S3 RS 3540

R1 RS 3660 , R2 RS 3700 , R3 RS 3780

WAIT FOR CONFIRMATION .

CLOSING COMMENTARY FOR JAN 14 THURSDAY

Crudeoil prices seems negative with yesterday candle showing

some more downside possible. Prices below 3650 looks weak

and could test more lows till 3600 - 3550 on a close below

3650 or 3635 levels. Prices could be watched if crossed

above 3665 - 3685 - 3700 levels seems hurdle for upside.

MARKET ALERT ON JAN 12 WEDNESDAY 10.00 PM IST



MCX Jan Crude oil now has support at Rs 3585

Res is seen at Rs 3665.

CMP Rs 3631

These are trading levels only .

MARKET ALERT ON JAN 12 WEDNESDAY 9.00 PM IST

Actual 3.70M

Forecast 1.30M

Previous 1.30M

TECHNICALS FOR NYMEX TRADE FOR JAN 12 2010

JAN 12 WEDNESDAY

TRADING LEVELS FOR EVENING SESSION

S1 RS 3630 , 2 RS 3600 , S3 RS 3570

R1 RS 3660 , R2 RS 3690 , R3 RS 3720

WAIT FOR CONFIRMATION .

MRKT ALERT 5.25 PM

HIGH RISK TRADERS HOLDING SELLS IN CRUDEOIL TRAIL SL TO COST

MRKT ALERT 4.10 PM

MCX JAN CRUDEOIL TRADERS CAN BOOK PART PROFITS UPTO 3638, OTHERS HOLD FOR GIVEN TARGETS, SELL GIVEN AT 3655 - 3660.

MRKT ALERT 1.25 PM

Sell Crudeoil Jan between 3655 - 3660 SL above 3688 T1 3620 T2 3600 ( High Risk - Trade with Levels only)

CLOSING COMMENTARY FOR JAN 12 TUESDAY

Crudeoil prices dropped in line with yesterday selling. Prices came

down as expected and a negative close below the strong level of

3720 - 3730 levels could have more selling downwards.

A buying again above 3750 looks to be in upside for short term.

Wait for confirmation .

mkt alert at 2.45 pm

Mcx Jan Crude Sell 3725 to 3730 SL 3745 TGT 3690

MARKET ALERT ON JAN 12 TUESDAY 10.55 AM IST

MCX Jan crude oil looks weak below Rs 3745

it could test support Rs 3700 / 3680

Res is seen above Rs 3765.

UPDATES FOR JAN 12 2010

JAN 12 TUESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 3730 , 2 RS 3690 , S3 RS 3660

R1 RS 3795 , R2 RS 3810 , R3 RS 3840

WAIT FOR CONFIRMATION .

MRKT ALERT 6.35 PM

Cover longs in Crudeoil MRKT unable to gain upside movement..Very Choppy...

TECHNICALS FOR NYMEX TRADE FOR JAN 11 2010

JAN 11 MONDAY

TRADING LEVELS FOR EVENING SESSION

S1 RS 3760 , S2 RS 3735 , S3 RS 3710

R1 RS 3810 , R2 RS 3832 , R3 RS 3869

WAIT FOR CONFIRMATION .

MRKT ALERT 5.00 PM

MCX JAN CRUDEOIL BOOK PART PROFITS UPTO 3810/ HOLD FOR GIVEN TARGETS, BUY GIVEN AT 3790

HIGH RISK CALL: BUY MCX JAN CRUDE AT 3790 TO 3793 SL BELOW 3770 TGT 3812/3824.

UPDATES FOR JAN 11 2010

JAN 11 MONDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 3750 , S2 RS 3730 , S3 RS 3690

R1 RS 3830 ,R2 RS 3870 , R3 RS 3900

WAIT FOR CONFIRMATION ,

Crude oil prices trading range bound with high volatility between 3700 - 3800. Strong res seen at 3800 and a break above could be bullish again which if fails should be watched. Prices could take sup levels around 3700 - 3720 levels. Wait for confirmation.

MRKT ALERT 7.30PM

MCX JAN CRUDEOIL TGT ACHIEVED AT 3742, TRADERS HOLDING BOOK FULL PROFITS, SELL GIVEN AT 3770 - 3775.

MARKET ALERT ON JAN 8 FRIDAY 7.00 PM IST

MCX JAN CRUDE OIL LOW RISK TRADERS CAN BOOK

PART PROFITS AT CMP RS 3758 ,

SELL WAS GIVEN AT 3770 TO 3775 .

MARKET ALERT ON JAN 8 FRIDAY 1.10 PM IST

MCX Jan crude has strong support at Rs 3765 to 3760

if it does not break then could test Res Rs 3798

Traders holding sells as per our sell call given earlier are advised

to maintain strict stop loss or low risk traders can exit and enter

only below Rs 3765.

Momentum call) Mcx Jan C.oil Sell at 3770-3775 SL abv 3790 TGT 3742

TECHNICALS FOR JAN 8

MCX JAN CRUDE OIL

SUPP: 3765/3748/3713

RES: 3811/3836/3852

PREFER LONGS AT SUPPORTS

MARKET ALERT ON KJAN 7 THURSDAY 9.40 PM IST

MCX Jan crude now has support at Rs 3780

Res at Rs 3845 .

CMP Rs 3793

These are trading levels only .

TECHNICALS FOR NYMEX TRADE FOR JAN 7 2010

JAN 7 THURSDAY

TRADING LEVELS FOR EVENING SESSION

S1 RS 3752 , S2 RS 3735 , S3 RS 3710

R1 RS 3782 ,R2 RS 3811 , R3 RS 3831

WAIT FOR CONFIRMATION .

MARKET ALERT ON JAN 6 WEDNESDAY 9.05 PM IST

MCX Jan crude now has Res at Rs 3780

Support is seen at Rs 3685

CMP Rs 3720

These are trading levels .

Seems to have a negative bias at this point of time because

of the inventory .

MRKT ALERT 9.02 PM

US Crude Oil inventories Update:Act +1.3Mbrls (Exp -0.4Mbrls Prv -1.5Mbrls) Gasoline:+3.7 Act Mbrls,Distillate: -0.3MAct Mbrls

MARKET ALERT ON JAN 6 WEDNESDAY 6.00 PM IST

Crude oil inventories : Previous - 1.5 mnbrl

Forecast : -1 mnbrl

TECHNICALS FOR NYMEX TRADE FOR JAN 6 2010

JAN 6 WEDNESDAY

TRADING LEVELS FOR EVENING SESSION

S1 RS 3735 , S2 RS 3710 , S3 RS 3685

R1 RS 3782 , R2 RS 3811 , R3 RS 3831

WAIT FOR CONFIRMATION .

TECHNICALS FOR JAN 6

MCX JAN CRUDE OIL

SUPP: 3745/3720/3690

RES; 3795/3811/3830

PREFER LONGS ABV 3800 AND HOLDS/OR BUY ON SUPPORTS

Crudeoil prices stuck at higher levels around 3750 - 3800. No big trading opportunity seen at higher lvels. Strong res is seen at 3800 and this level could decide further trend. If prices unable to close above then bit prof booking could come around 3800

MCX JAN CRUDE UPDATE; OUR BUY YESTERDAY AT 3735

RUNNING FOR T2 3798//INTRDAY POSITIVE ABV 3786 WITH

SUPPORTS AT 3770 AND TGT 3798/3811.

MRKT ALERT 2.35 PM

MCX JAN CRUDE OIL; BOOK PART PROFITS AT CMP 3752( LONGS RECO AT 3730)/HOLD FORTGT.

MRKT ALERT 2.20 PM

MCX JAN CRUDE; AS RECO IN MORNING LOOKS POSITIVE ABV 3730 WITH SUPPORT AT 3700 AND TGT 3775( TRDAERS CAN TAKE LONGS AS PER LEVELS)

MCX JAN CRUDE: POSITIVE ABV 3735 WIHTH SUPPORT AT 3710 AND RES 3775.

TECHNICALS FOR JAN 4
MCX JAN CRUDE OIL
SUPP: 3690/3650/3610
RES; 3750/3780/3810
WAIT FOR CALLS

DEAR READERS ,

WISHING YOU ALL A HAPPY PROSPEROUS AND A

WONDERFUL YEAR AHEAD.

HAPPY NEW YEAR 2010 .