MCX DEC CRUD EOIL POSITIVE ABV 3930-3935 WITH SUPPORT AT 3900 AND CLD TEST RES AT 3960/3970/3980.//LEVELS FOR HIGH RISK TRADERS TO BUY/

MARKET ALERT ON NOV 30 TUESDAY 12,15 PM IST

: Crudeoil looks positive above 3940 and could

test 3965 - 3980 levels sup seen

below 3920-3910

For levels.

UPDATES FIOR NOV 30 2010

NOV 30 TUESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 3905 , S 2 RS 3881 , S3 RS 3858

R1 RS 3956 , R2 RS 3978 , R3 RS 4005

WAIT FOR CONFIRMATION .

UPDATE AT 9AM: BASE METALS CORRECTING DOWN AGAIN/COPPER TRADING FLAT GIVING UP EARLIER GAINS/ CONTRACT EXPIRY DATE, TRADE LESS AS MKTS CLD MOVE ZIG ZAG ANF CHOPPY/BULLIONS FLAT/NAT GAS TRADING LOWER, CRUDE FLAT/

GM NOV 30,7.45AM:GOLD$1367/SILVER$27.22 BULLIONS TRADINGI MILD POSITIVE//CRUDE$85.57 TRADING POSITIVE RES 3970 SUPP 3900, NAT GAS TRADING NEGATIVE BIAS//BASE METALS OPEN HIGHER LME COPPER$8312 UP ABOUT 0.60%,NICKEL UP ABT 1%; ZINC AND LEAD UP OVER1.20%//

MCX DEC CRUDE OIL AGAIN TRADING ABV 3900 WITH SUPP AT 3880 AND CLD TEST 3925-3930//LEVELS//

MCX FEB COPPER ; BOOK PART PROFITS UPTO 382/ HIGH RISK SELLS BELOW 383.

MCX CDEC CRUDE POSITVE ABV 3900 WITH SUPP AT 3882 AND CLD TEST RES 3920/TRADING LEVELS/

UPDATES FOR NOV 29 2010

NOV 29 FRIDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 3940 , S2 RS 3821 , S3 RS 3795

R1 RS 3883 , R2 RS 3902 , R3 RS 3929

WAIT FOR CONFIRMATION .

UPDATE AT 8.10AM:SHARP RECOVERY SEEN IN BASE METALS COPPER TRADING FLAT DOWN ABOUT 0.20% ONLY//SILVER TRADING HIGHER AT $26.88/CRUDE HIGHER AT $84.10/GOLD $1364/NAT GAS TRADING MARGINALLY HIGHER//

UPDATES: EUROPEAN NATIONS AGREE ON 85 BILLION EURO PACK FOR IRELAND BAILOUT/DOLLAR INDEX TRADING ABV 80(CMP 80.46) HOLDING DOWN BASE METALS/SOUTH AND NORTH KOREA TENSIONS CONTI NUE IN WAR OF WORDS/

GM NOV 29,7.30AM:CRUDE$84.01 LTP3862 TRADING MARGINALLY HIGHER RES 3885 SUPP 3820/NAT GAS OPENS MARGINALLY HIGHER LTP 204.20 RES 206 SUPP 201.50//GOLD$1359 LTP 20300 RES 20420 SUPP 20180 EXP OPEN MARGINALLY LOWER ARD RS50 /SILVER$26.74 LTP 40850 TRADING FLAT//BASE METALS OPEN LOWER LME COPPER$8185 DOWN ABT 0.80% LTP 378.10 EXP OPEN AROUND 376 AS PER TREND NOW SUPP 374.50 RES 381/US DOLLAR INDEX 80.40/

MRKT ALERT 4.50 PM

MCX DEC CRUDEOIL WEAK BELWO 3830 WITH RES AT 3855 AND COULD TEST 3810// LEVELS ONLY.

MCX DEC CRUDE OIL; BOOK PART PROFITS AT CMP 3866/ BUY GIVEN ABV 3850/OTHERS HOLD AS PER LEVELS.

MRKT ALERT 1.30 PM

Buy Crudeoil Dec above 3850 SL below 3830 T1 3875 T2 3895. Medium Risk.

UPDATES FOR NOV 26 2010

NOV 26 FRIDAY

TRADING LEVELS FOR MONRING SESSION

S1 RS 3831 , S2 RS 3800 , S3 RS 3765

R1 RS 3875 , R2 RS 3895 , R3 RS 3921

WAIT FOR CONFIRMATION .

CHINA INCREASES DAILY MARGIN LIMITS WEF 29 NOVEMEBR TO 10% IN COPPER, ALUMINIUM. GOLD, FUEL OIL AND AGRI SOY CORN.

MEMBERS ARE ADVISED NOT TO TAKE BIG OR CARRYOVER POSITIONS AS MKT SENTIMENT IS NOT CLEAR DUE TO 2 FACTORS:1. EUROZONE SOVEREIGN CRISI IN IRELAND AND WHETHER IT CLD SPREAD TO SPAIN AND PORTUGAL,UNLESS A SOLUTION OF BAILING IT OUT COMES MKTS UNCERTAIN//2. CHINA HIGH INFLATION AND CONTINUED CHINESE BANK MEASURES BEING TAKEN TO SQUEEZE LIQUIDITY// DOLLAR INDEX AT 79.80, NO DATA FROM US DATA , VOLUMES TO BE THIN//TRADE SAFE!!!!

GM NOV 26,8 AM: BULLIONS TRADIMHG FLAT AT SAME LEVELS SILVER$27.43 LTP 41800 EXP OPEN ARD 41700//GOLD$1372 LTP 20360 EXP OPEM ARD 20350//CRUDE$83.85 LTP3852 SUPP 3820 RES 3890 EXP OPEN NARGINALLY DOWN, NAT GAS LTP202 EXP OPEN MARGINALLY DOWN SUPP 198 RES 205//BASE METALS OPEN LOWER COPPER DOWN ARD 1%, ZINC AND LEAD OPEN LOWER ARD 1.5%//EURO CRISIS WEIGHING ON MKTS USD TRADING MARGINALLY HIGHER//

MRKT ALERT 4.46 PM

MCX DEC CRUDEOIL TESTED OUR LEVELS AT 3855, GIVEN AS LEVELS POSITIVE ABOVE 3835.

MRKT ALERT 4.28 PM

MCX DEC CRUDEOIL CURRENT HIGH 3850/ GIVEN AS POSITIVE ABOVE 3835/ TRADERS HAVING POSITIONS BOOK PART PROFITS.

mcx dec crude positive abv 3835-3838 with supp at 3820 and cld test 3855-3870/levels for traders.

UPDATES FOR NOV 25 2010

NOV 25 THURSDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 3815 , S 2RS 3775 , S3 RS 3750

R1 RS 3864 , R2 RS 3895 , R3 RS 3915

WAIT FOR CONFIRMATION .

NOV 25,7.30AM:CRUDE$83.88 LTP 3840 EXP POSITIVE OPEN ARD 3850 SUPP 3820-3800 RES 3870-3885-3900//NAT GAS LTP207.20 EXP POSITIVE OPEN ARD 209-210 SUPP 205 RES 211//BULLIONS RANGE BOUND GOLD$1371 LTP 20388 SILVER$27.47 LTP 41872 SUPP 41500 RES 42100//BASE METALS TRADING MILD POSITIVE COPPER LTP 378.55 RES 381 SUPP 376 EXP MILD POSITIVE OPEN//

MRKT ALERT 9.39 PM

MCX DEC CRUDEOIL T3 ACH AT 3810, BUY GIVEN AT 3748-3752.

MRKT ALERT 9.31 PM

MCX DEC CRUDEOIL T3 ALMOST ACH AT 3810, CURRENT HIGH 3809, BUY GIVEN AT 3748-3752.

MRKT ALERT 9.30 PM

MCX DEC CRUDEOIL T2 ACH AT 3790, BUY GIVEN AT 3748-3752.

MRKT ALERT 9.13 PM

MCX DEC CRUDEOIL APP OUR T2 AT 3790, BUY GIVEN AT 3748-3752. CURRENT HIGH 3787. TGT EXT UPTO 3810.

MRKT ALERT 9.10 PM

MCX DEC CRUDEOIL T1 ACH AT 3777, BUY GIVEN AT 3748-3752.

MRKT ALERT 9.05 PM

MCX DEC CRUDEOIL APP OUR T1 AT 3777, BUY GIVEN AT 3748-3752. CURRENT HIGH 3775

MRKT ALERT 7.36 PM

Crudeoil trades caught between 3750 - 3770.

MRKT ALERT 5.56 PM

MCX DEC CRUDEOIL TRADERS CAN BOOK PART PROFITS UPTO 3762, BUY GIVEN AT 3748-3752. (RESET)

MCX DEC CRUD EOIL: OUR BUY AT 3750 SL GIVEN WAS 3733 LOW 3736 CMP 3758/RESET TRADERS HOLDING LONGS BOOK PART PROFITS/ LOW RIKS TRADERS REDUCE LOTS OR TRAIL SL WITH PROFIT STOPS.

MRKT ALERT 12.40 PM

MCX Dec Crudeoil traders can book part profits upto 3762, others can hold for given targets. Buy given between 3748 - 3752.

UPDATES FOR NOV 24 2010

NOV 24 WEDNESDAY

TRADING LEVELS FIOR MORNING SESSION

S1 RS 3718 , S2 SR 3695 , S3 RS 3660

R1 RS 3785 , R2 RS 3818 , R3 RS 3845

CALL ALREADY UPDATED IN THE PREVIOUS POST .

TRADING CALL FOR NOV 24 WEDNESDAY 10.45 AM IST

Buy Crudeoil Dec between 3748 - 3752

SL below 3734

Tgt 3777 - 3790.

Medium Risk.

GM NOV 24,7.20AM: CRUDE$81.68 LTP 3765 SUPP 3725 CLD TEST RES AT OPEN AT 3780-3785; NAT GAS CLOSES HIGHER DEC CONTRACT POSITIVE ABV 206 WITH SUPP AT 203 AND RES 208/210;//GOLD$1377 RES $1385-1388 LTP MCX 20508 LOOKS POSITIVE RES 20580-20600 SUPP 20300 /SILVER$27.60 RES AT 27.90, LOOKS EXTREME BULLISH SUPP 41800 CLD TEST RES 42150-42300; MCX MARCH SILVER MINI BULLISH ABV 42300 WITH SUPP 42000 AND CLD TEST RES 42500-42750.

MRKT ALERT 8.44 PM

MCX DEC CRUDEOIL TRADERS CAN BOOK PART PROFITS UPTO 3710, SELL GIVEN AT 3725-3730. (RESET)

MRKT ALERT 8.01 PM

USD Medium Impact Crudeoil inventories Forecast -1.9M Previous -7.3M. (Actual to be released tomorrow 9 PM)

MRKT ALERT 6.45 PM

MCX DEC CRUDEOIL APP OUR T1 AT 3700, SELL GIVEN AT 3725-3730. CURRENT LOW 3706.

MRKT ALERT 1.20 PM

MCX Dec Crudeoil Low risk traders could exit near Cost...cmp 3729. Others hold with strict SL.

MARKET ALERT ON NOV 23 TUESDAY 11.55 AM IST


MCX Dec Crude Low Traders holding sells between

Rs 3725 to 3730 can book part profits upto Rs 3715 .

cmp Rs 3716 .

TRADING CALL FOR NOV 23 TUESDAY 10.20 AM IST

Sell Crude oil Dec between Rs 3725 to 3730

stop loss above Rs 3752 ,

Target 1 3700

Target 2 3680

MEDIUM RISK .

UPDATES FOR NOV 23 2010

NOV 23 TUESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 3695 , S2 RS 3676 , S3 RS 3650

R1 RS 3738 , R2 R S3757 , R3 RS 3784

WAIT FOR CONFIRMATION .

GM,NOV23,7.20AM: GOLD$1362 MCX LTP21140 RES 20200 SUPP 20020/SILVER$27.67 MCX LTP41760 RES 42000 SUPP 41200// CRUDE$81.73 LTP 3716 SUPP 3690 RES 3750, NAT GAS LTP 192.20//BASWE METALS OPEN FLAT COPPER LTP 376.50 RES 380 SUPP 374//

MRKT ALERT 7.17 PM

ALL COMMODITIES TRADING WITH MILD NEGATIVE BIAS. WAIT FOR FRESH ENTRIES. . . CRUDE RES 3775 SUP 3730.

MRKT ALERT 6.40 PM

MCX DEC CRUDEOIL WEAK BELOW 3765 WITH RES AT 3785 AND COULD TEST SUP 3740-3730. (LEVELS ONLY)

UPDATES FOR NOV 22 2010

NOV 22 MONDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 3732 , S2 SR 3713 , S3 RS 3687

R1 RS 3775 , R2 RS 3794 , R3 RS 3821

WAIT FOR CONFIRMATION .

US MKTS HAVE SHORT WEEK AS THANKSGIVING WEEKEND ON THURSDAY MKTS CLOSED IN COMMEX/ALL COMM TRADING HIGHER GOLD #1361, SILVER$27.70, CRUDE $82.47//ALL BASE METALS TRADING HIGHER COPPER ARD 0.70% LME COPPER$8465//NICKEL ZINC, LEAD UP ARD 1%//WEEKLY NICKEL POSITIVE CLOSE ABV 1004 SUPP 976// COPPER CLOSE ABV 387//NAT GAS CLOSE ABV 191//

GM, NOV 22, 7 AM: MKTS OPEN HIGHER/ CRUDE$82.42, OPEN UP0.40 CENTS MCX LTP 3753, AS PER TREND NOW MCX ARD 3765/ NAT GAS$4.19 LTP 190.30 OPENS MARGINALLY HIGHER//GOLD$1358 LTP 20095 CLD OPEN HIGHER BY RS 50/SILVER$27.64, UP ARD 30 CENTS LTP 41470 OPENS HIGHER ARD 300RS//BASE METALS TRADING HIGHER AT OPEN( WL UPDATE) LTP 383.15 RES 387 SUPP 381, NICKEL LTP997 RES 1004 SUPP 988//

GM NOV 20 AT 7.30AM: BULLIONS CLOSED STRONG ON WEAKENING IN USD SILVER MCX LTP 41220 RES NOW AT 41600 SUPP 40500 /GOLD LTP 20069 RES 20120 SUPP 20000/ NAT GAS SHOT UP SHARPKLY AND CLOSED AT 188.50 RES 191 ABV WHICH MORE BULLISH/ CRUDE CLOSED FLAT AT 3745 RES 3775 SUPP 3720//BASE METALS CLOSED POSITIVE COPPER RES 387 SUPP 381,NIKCLE LTP 996 RES 1002 SUPP 988//

MARKET TALK OF CHINA RAISING RESERVE REQ FOR BANKS BY 0.50% FOR THE SECOND TIME IN 2 WEEKS WEF NOV 29, MAKING MKTS WOBBLY!!!! NOT CONFIRMED YET!!!

MRKT ALERT 4.15 PM

MCX NOV CRUDEOIL T1 ACH AT 3776 AND T2 ALSO ACH AT 3790, BUY GIVEN ABOVE 3760. (RESET).

MCX DEC CRUDE OIL: T2 ACH AT 3790/BUY AT 3760.

MCX DEC CRUDEOIL APP T2 AT 3790 CMP 3788/BOOK FURTHER PROFITS/BUY AT 3760./TGT EXT TO 3810/

MCX DEC CRUDE OIL: T1 ACH AT 3776/BUY AT 3660.

MARKET ALERT ON NOV 19 FRIDAY 1.20 PM IST

MCX Dec Crude oil approaching Target 1 at Rs 3776 ,

CMP Rs 3774 .

Book further profits .

MARKET ALERT ON NOV 19 FRIDAY 12.30 PM IST

MCX Nov Crude oil Traders holding long as per

our call given above Rs 3760 can book part profitds

at CMP Rs 3770 .

MARKET ALERT ON NOV 19 FRIDAY 12.15 PM IST


Momentum Call

Crude oil Dec looks positive above Rs 3760 ,

Support seen Below Rs 3745 ,

Res at 3776/ 3790 .

Levels for High risk traders

UPDATES FOR NOV 19 2010

NOV 19 2010 FRIDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 3730 , S2 RS 3700 , S 3 RS 3668

R1 RS 3795 , R2 RS 3825 , R3 RS 3855

WAIT FOR CONFIRMATION .

GM NOV 19,7.30AM: CRUDE$81.95 TRADING FLAT/NAT GAS$4.03 MARGINALLY HIGHER/GOLD$1358 TRADING HIGHER 5$,EXP POSITIVE OPEN HIGHER ABT 50RS/SILVER$27.30 OPEN SHIGHER ABT 35 CENTS EXP OPEN HIGHER ARD 40850 LTP 40460/BASE METALS TRADING FLAT COPPER MARGINALLY LOWER 0.20% LME COPPER$8470 LTP382.70 HIGH YESTERDAY 384.15 SUPP NOW 381 RES 385-387.

MCX NOV CRUDE UPDATE: TRADING AT RES 3720 AND IF SUSTAINS ABV CLD TEST 3740-3750 WITH SUPP NOW AT 3690.

MCX NOV CRUDE OIL: CONTRACT EXPIRY THIS EVENING/LOW RISK TRADERS EXIT SELLS UPTO 3715 AS VOLATILITY IS EXPECTED

MCX NOV CRUDE OIL: LOW RISK TRADERS BOOK PART PROFITS UPTO 3695- 3697/SELL ADVISED UPTO 3710/ OTHERS HOLD FOR LEVELS /

Sell Crudeoil Nov between 3705 - 3710 SL above 3731 T1 3675 T2 3655. Medium Risk

GM NOV 18. 7.30AM: GOLD$1347 LTP 19920 EXP OPEN HIGHER ABT RS 100, SILVER $26.10 LTP 39076 EXP HIGHER OPEN ARD 39500/CRUDE$81.05 LTP 3683 EXP OPEN POSITVE RES 3710 SUPP 3665/NAT GAS$4.00 LTP 180.80 SUPP 177.50 RES 183/BASE METALS RALLY HIGHER COPPER OPENS HIGHER ABT 0.80% LME COP $8250/OTHER BASE METALS RALLY HIGHER!!

MRKT ALERT 9.03 PM

USD Medium Impact Expected Crude Oil Inventories Actual -7.3M Forecast -0.5M Previous -3.3M

UPDATE AT 4 PM: CRUDE$81.83( DOWN 50 CENTS MCX ARD 3750/ NAT GAS$3.82/GOLD$1337, GOLD$25.35( BOTH FLAT)/COPPER , ZINC TRADING LOWER ABT 1%, NICKEL HIGHER ABT 1%, ALU MARGINALLY POSITVE, LEAD MARGINALLY LOWER/

BASE METALS DRIFTING LOWER COPPER DOPWN 1.5%( MCX ARD 369-370), ZINC AND LEAD DOWN 1%, NICKEL MARGINALLY UP, ALU MARGINALLY DOWN//

UPDATE AT 12 NOON: GOLD$1339 LOW $1332 HIGH$1342( SAME LEVELS AS MCX CLOSE)/SILVER CMP$25.33 HIGH 25.51 LOW 25.26( SAME LEVELS AS MCX CLOSE)// CRUDE$82.34 NAT GAS$3.80( NO CHANGE)// COPPER TRADING LOWER ABT 0.70%,NICKEL TRADING HIHGHER ABT 1%, LEAD LOWER 0.70%/ALU AND ZINC FLAT//

UPDATE: CRUDE$82.39 LTP 3769 SUPP 3750 RES 3800 INVENTPRY TOMNITE EXP DOWN 0.5 MB//NAT GAS $3.80//ENERGY TRADIMG FLAT AS OF NOW!!!

GM NOV 17,8.10AM:ALL COMM CRASHED LAST NIGHT AFTER FEARS OF CHINA ,KOREA INTEREST RATE INCREASE AFTER INFLATION HITS NEW HIGHS,EURO SOVERIEGN CONCERNS AND SHARP STRENGTHENING IN USD/GOLD CMP$1334, CLOSE TO YESTERDAYS LOW 1329.80 LTP 19927, EXP MCX JAN GOLD MINI TO TEST 19900/SILVER$25.30 LAST NIGHT LOW $25 MCX LTP 38750 BELOW$25 EXP FURTHER WEAKNESS//

MARKET ALERT ON NOV 16 TESDAY 1.20 PM IST


CANCEL UNFILLED ORDERS IN CRUDE SELL CALL

GIVEN BELOW RS 3828 .

MARKET ALERT ON NOV 16 TUESDAY 1.20 AM IST


MCX Nov Crude looks weak below Rs 3828 .

Res is seen above Rs 3850 ,

Supports is seen at Rs 3795 .

High risk traders can operate with these levels .

UPDATES FOR NOV 16 2010

NOV 16 TUESDAY

TRADINTG LEVELS FOR MORNING SESSION

S 1 RS 3828 , S2 RS 3725 , S3RS 3751

R1 RS 3881 , R2 RS 3900 , R3 RS 3925

WAIT FOR CONFIRMATION .

GM NOV 16,7.40AM: CRUDE$84.34 DOWN 0.50 CENTS LTP 3854 EXP OPEN LOWER ARD 3840 SUPP 3818 RES 3875/NAT GAS$3.86//GOLD$1359 LTP 20220 RES 20280 SUPP 20100 EXP MARGINALLY WEAK OPEN, SILVER$25.63 LTP 39550 SUPP 39300 RES 39750 EXP WEAK OPEN CLOSE TO SUPPORT, MORE WEAKNESS BELOW 39000; WEAK INR HELD BULLIONS YESTERDAY FROM FALLING FURTHER!!/BASE METALS OPEN WEAK COPPER DOWN 0.40% LTP392.30 SUPP 389 RES 393-394.40/ZINC, LEAD SHARPLY DOWN.

MCX NOV CRUDE OIL UPDATE: SUPP NOW AT 3848 AND IF SUSTAINS ABV 3874 CLD TEST 3894/3908//LEVELS ONLY.

MARKEYT ALERT ON NOV 15 MONDAY 11,50 AM IST

Crude oil looks marginally weak below Rs 3850,

and more weakness below Rs 3810 levels .

Res at Rs 3850 to 3860 .

UPDATE AT 9 AM: CRUDE$85 SLIPS DOWN TO SAME CLOSE LEVELS/ COPPER MARGINALLY HIGHER 0.30%, NICKEL TRADING HIGHER OVER 2%, ZINC TRADING LOWER ARD 1%, LEAD DOWN ABT 0.70%/BULLIONS CORRECTING DOWN TO CLOSE LEVELS SILVER$26.05, GOLD$1367/UNCERTAINTY OF CHINA LIKELY RATE HIKE WEIGHING IN COMMODITIES!!!

UPDATE AT 8.15AM: BULLIIONS TRADING MARGINALLY GIGHER/ CRUD EYTRADING AT SAME LEVELS$85.20/ MCX RD 3840/ COPPER TRADING MARGINALLY HIGHER 0.40%, LEAD AND ZINC TRADES LOWER, NICKEL TRADING SHARPLY HIGHER!!!

GM NOV 15, 7.40AM: CRUDE$85.39 OPENS MARGINALLY HIGHER BY 0.50 CENTS,LTP 3830 RES 3860 SUPP 3810/NAT GAS$3.81 SUPP 171 RES 176/GOLD$1373, SILVER$26.32 BULLIONS OPEN MARGINALLY HIGHER/BASE METALS OPEN HIGHER COPPER OPENS HIGHER ARD 1% IN EARLY TRADES/

UPDATES BFOR NOV 12 2010

NOV 12 FRIDAY

TRADING LEVELS FOR MORNING SESSION

S 1 RS 3880 , S2 RS 3865 , S3 RS 3830

R1 RS 3925 , R2 RS 3955 , R3 RS 3985

WAIT FOR CONFIRMATION ,

ALL COMM DROPPED SHARPLY AS FEARS OF INCREASE IN INTEREST RATES IN CHINA HITS THE MKTS AFTER STEEP RISE IN INFLATION DATA YESTERDAY/

OPEC STATES THAT DEMAND FOR CRUD EOIL PICKING UP WHICH MEANS THAT IF USD STRENGTHENS A BIT WITH SUPPORTS CRUDE CLD TEST $90 IN DUE COURSE!!!

GM, NOV 12, 8.15 AM:G20 MEET ON AT SEOUL EXP CURRENCY FLUCTUATIONS,/USD STRENGTHENS AS EURO SOVEREIGN CRISIS FEARS LINGERS/ALL COMM TRADING LOWER CRUDE ARD $86.76 DOWN ABOUT 40RS CLD TEST SUPP 3850 /NAT GAS TRADING LOWER 0.60%/GOLD$1398, SILVER$27.25/BASE METALS LOWER COPPER DOWN ABT 0.70%/

METALS UPDATE; ALL BASE METALS TRADING POSITVE COPPER POSITVE ABV 398.40 WITH SUPP 396 AND RES 400.20/ALUMINIUM POSITVE ABV 109.40 WITH RES 110.50 AND SUPP 108/CRUD ETRADING POSITVE CLD TEST RES 3940/3960 SUPP 3880.

REMINDER: US MKTS CLOSED TODAY FOR COMMODITIES/NO VOLUMES EXP TONITE/

MARKET ALERT ON NOV 11 THURSDAY 11.00 AM IST

Crude holding on Highs and trading above Res of Rs 3900

It could test Rs 3930 / 3950

Support is seen at Rs 3880 .

UPDATES FOR NOV 11 2010

NOV 11 THURSDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 3875 , S2 RS 3851 , S3 RS 3825

R1 RS 3925 , R2 RS 3955 , R3 RS 3985

WAIT FOR CONFIRMATION .

UPDATE AT 8.15 AM: BASE METALS RALLYING SHARPLY HIGHER COPPER UP OVER 1.5%, ZINC LEAD UP ABV 1%, NICKEL UP 0.70%//CRUDE RISING CMP$88.30/SILVER$27.55/EXP METALS AND CRUD EOPEN HIGHER!!CHINA REATILS SALES DATA THIS MORNING HIGHER THAN EXP//

GM NOV 11: US MKTS CLOSED TODAY/CRUDE$88.05 INVENTORY DATA LAST NIGHT POSITIVE LTP 3901, RES 3920, 3940 SUPP 3860 ; NAT GAS$4.07 LTP 182.20 SUPP 180 RES 185/GOLD$1404 LTP 20235, SILVER $27.42 LTP 39899/BASE METALS TRADING MARGINALLY POSITIVE COPPER UP ABT0.30% LTP 389.65 SUPP 387 RES 393/NICKEL LTP 1077 SUPP 1070 RES 1090/METALS DRAG DOWN DUE FRESH EUROZONE ISSUES AND LOWER CHINA IMPORTS!!

GM NOV 11: US MKTS CLOSED TODAY/CRUDE$88.05 INVENTORY DATA LAST NIGHT POSITIVE LTP 3901, RES 3920, 3940 SUPP 3860 ; NAT GAS$4.07 LTP 182.20 SUPP 180 RES 185/GOLD$1404 LTP 20235, SILVER $27.42 LTP 39899/BASE METALS TRADING MARGINALLY POSITIVE COPPER UP ABT0.30% LTP 389.65 SUPP 387 RES 393/NICKEL LTP 1077 SUPP 1070 RES 1090/METALS DRAG DOWN DUE FRESH EUROZONE ISSUES AND LOWER CHINA IMPORTS!!

MRKT ALERT 9.05 PM

Crude Oil Inventories Actual -3.3M Forecast 0.8M Previous 2.0M

MCX NOV CRUDEOIL: EXIT LONGS// CMP 3840.

MCX NOV CRUD EOIL TRADING ARD SUPPORT 3850/IF SUSTAINS BELOW NEXT SUPP 3840-3835//

MCX NOV CRUDE OIL MILD POSITVE ABV 3860 WITH SUPP BELOW 3840 AND CLD TEST RES 3878/3892//TRADERS CLD BUY AS PER LEVELS GIVEN./MEDIUM RISK, TRADE LESS.

UPDATES ROR NOV 10 2010

NOV 10 WEDNESDAY

TRADING LEVELS FOR MORNING SESSION

S 1RS 3848 , S 2RS 3821 , S3 RS 3790

R1 RS 3900 , R2 RS 3931 , R3 RS 3960

WAIT FOR CONFIRMATION .

GM NOV 10, 7.40AM: USD GAINS OVERNIGHT COMMODITIES SLIP/ CRUDE $86.80 LTP 3873 RES 3900 SUPP 3850/NAT GAS$4.21/BULLIONS COME DOWN SHARPLY GOLD$1402 HIGH LAST NIGHT 1424 LTP 20478 RES 20580 SUPP 20300//BASE METALS DONW IN EARLY TRADE COPPER LTP395.20 HIGH 396.25, RES 397 SUPP 391//ZINC AND LEAD POSITIVE/NICKEL SUPP 1080 RES 1100-1104/COPPER TRADOING DOWN 0.80% IN EARLY TRADES/

MRKT ALERT 8.17 PM

USD CRUDEOIL INVENTORIES FORECAST 0.8M PREVIOUS 2.0M (ACTUAL TO BE RELEASED TOMORROW 9.00 PM)

MRKT ALERT 5.59 PM

MCX NOV CRUDEOIL POSTIONAL BUY GIVEN ON 4TH NOV AT 3800-3810 T2 ALMOST ACH AT 3900 CURRENT HIGH 3890 BOOK PART PROFITS.

MRKT ALERT 4.29 PM

MCX NOV CRUDEOIL APP OUR T2 AT 3900, BUY GIVEN AT 3856-3860. CURRENT HIGH 3890.

MARKET ALERT ON NOV 9 TUESDAU 4.15 PM IST

MCX Nov Crude oil Target 1 Achieved at Rs 3880

Buy was between Rs 3856 to 3860 .

MARKET ALERT ON NOV 9 TUESDAY 4.00 PM IST


MCX Nov Crude approaching Target 1 at Rs 3880 ,

current high Rs 3878 . Book further profits .

Buy was between 3858 to 3862 .

MARKET ALERT ON NOV 9 TUESDAY 11.55 AM IST


MCX Nov Crude traders holding long as per our buy

call given between Rs 3856 to 3860 can book part

profits at cmp Rs 3870

MARKET ALERT ON NOV 9 TUESDAY 11.10 AM IST
:
Buy Crudeoil Nov between 3856 - 3860

SL below 3840

T1 3880

T2 3900

UPDATES FOR NOV 9 2010

NOV 9 2010 TUESDAY\

TRADING LEVELS FOR MORNING SESSION

S1 RS 3845 , S2 RS 3810 , S3 RS 3785

R1 RS 3885 , R2 RS 3910 , R3 RS 3930

WAIT FOR CONFIRMATION .

UPDATE AT 8.15AM: BULLIONS ZOOMINGGGG GOLD$1413 EXP MCX AROUND 20400 TO 20450; SILVER$27.97 MCX ARD 40800-40850//BASE METASL RALLYING HIGHER COMMEX COPPER$3.98 UP ARD 0.50%/CRUDE$86.88//

GM NOV 9,7.40AM: BULLIONS ZOOM GOLD$1408 HIGH 1409 LTO 20305 HIGH 20375; SILVER$27.86 TRADING AT HIGHS MCX LTP 40568 HIGH 40865/CRUDE$86.75 SUPP 3820 RES 3890-3900/NAT GAS $4.13 NEXT RES 185 EXP POSITIVE OPEN//BASE METALS TRADING AT SAME LEVELS COP SUPP 383 RES 390-392//NICKEL POSITIVE ABV 1088 SUPP 1068//ZINC POSITIVE SUPP 109 RES 11.50//SMALL STRENTHENING IN USD LAST NIGHT HELD BACK BASE METALS/

MRKT ALERT 11.42 PM

MCX NOV CRUDEOIL APP OUR T2 AT 3885, BUY GIVEN AT 3835-3840. CURRENT HIGH 3873.

MRKT ALERT 10.57 PM

MCX NOV CRUDEOIL T1 ACH AT 3865, BUY GIVEN AT 3835-3840 FOR HIGH RISK TRADERS.

MRKT ALERT 7.55 PM

MCX NOV CRUDEOIL MARGINALLY WEAK IF BREAK BELOW 3835 WITH RES THEN AT 3860 AND COULD TEST FURTHER SUPPORTS 3820/3815//( LEVELS ONLY).

MRKT ALERT 5.30 PM

MCX NOV CRUDEOIL TRADERS CAN BOOK PART PROFITS UPTO 3850, BUY GIVEN AT 3835-3840 FOR HIGH RISK TRADERS. (RESET)

MRKT ALERT 4.04 PM

MCX NOV CRUDEOIL TRADERS CAN BOOK PART PROFITS UPTO 3850, BUY GIVEN AT 3835-3840 FOR HIGH RISK TRADERS.

Buy Crudeoil Nov between 3835 - 3840 SL below 3818 T1 3865 T2 3885 ( High Risk )

TECHNICALS FOR NOV 8

MCX NOV CRUD EOIL

SUPP; 3820/3800/3780

RES: 3860/3890/3910

GM NOV 8,8.15AM: ALL COMM HOLDING AT SAME LEVELS/ CRUDE ARD $86.90 LTP 3848 SUPP 3800 RES 3860/ NAT GAS OPENS HIGHER $3.98/GOLD$1390, SILVER$26.70( HIT HIGH 26.898 IN EARLY TRADES)/BASE METALS TRADING FLAT TO MARGINALLY POSITIVE COPPER LTP 386.25 RES 389 SUPP 383/NICKEL LTP 1087 RES 1094 SUPP 1075/ZINC AND LEAD SUPP 110 RES 113/SMALL PULLBACK IN USD IN EARLY TRADES/

GM, NOV 6: BULLIONS CLOSES AT HIGHS GOLD$1393.50 MCX APPROX 19980/SILVER$26.70 MCX APPROX 39000// BAE METALS CLOSE SAME LEVELS MCX COPPER ARD 385 TO 385.50/CHILE STRIKE CONTINUES, MANAGEMENT MAY RENEGOTIATE, LME COPPER $8670 APPROX WITHIN 200$ OF 2008 HIGH $8880//CRUDE $77.40 CLOSES AT HIGHS MCX RES AT 3860 SUPP 3790 ENDS POSITIVE//POSITIVE EMPLYMENT DATA LAST TONITE STRENGTHENS USD MARGINALLY!

UPDATE AT 4.15PM:ALL COMM HAVE CORRECTED DOWN SINCE MORNING/GOLD HIGH $1393 CM 1384; SILVER HIGH $26.64 CMP 26.05/CRUDE$86.65 MORNING HIGH 87.12/BASE METALS TRADING MARGINALLY HIGHER EXP POSITVE OPEN LME COPPER HIGH $8742 CMP 8675/MKTS AWAIT US JOBLESS REPORT LATER THIS EVENING//

GM NOV 5 HAPPY DIWALI:ALL COMM ZOOM!!!! CRUDE$86.88( MORE POSITIVE ABV 3815 WITH SUPP 3790 AND RES 3835, SHORT TERM TREND BULLISH), NAT GAS$3.88/GOLD$1389 HIGH $1392/SILVER RALLYING HIGH $26.57 AROUND MCX 38500//BASE METASL UP SHARPLY AFTER CHILE COPPER MINES DECIDED TO STRIKE FROM THIS MORNING, COPPER UP OVER 1.5%NEXT RES 385 MORE POSITVE ON CLOSE ABV 385//

MRKT ALERT 6.30 PM

MCX NOV CRUDE GIVEN AS LEVELS POSITIVE ABOVE 3800 CMP 3824 APP OUR RES 3830.

TEAM AKSHAYA WISHES YOU AND YOUR FAMILY A VERY HAPPY DIWALI.

MCX NOV CRUD EOIL UPDATE: POSITIVE ABV 3800 WITH SUPP AT 3765 AND CLD TEST RES AT 3830/3860/LEVELS FOR TRADERS

UPDATES FOR NOV 4 2010

NOV 4 THURSDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 3745 , S2 RS 3720 , S 3RS 3700

R1 RS 3798 , R2 RS 3820 , R3 RS 3845

WAIT FOR CONFIRMATION .

BASE METALS PULL UP SHARPLY IN EARLY TRADES COPPER LTP 373 OPENS OVER 1% HIGHER RES 378 SUPP 370//NICKEL LTP 1040 SUPP 1035 RES 1068//ZINC AND LEAD CLD OPEN UP SHARPLY//

UPDATE: USD WEAKENS AFTER STIMULUS PACK BY FED/CRUDE$85.20 LTP 3770 SUPP 3730 AND CLD TEST RSE 3795/3810 CLD OPEN POSITVE/NAT GAS #3.83/GOLD$1356 EXP STRONG GAP UP OPEN/SILVER HIT HIGH $25.17 AT 30 YEAR HIGHS EXP BIG GAP UP OPEN AT NEW HIGHS RES AT 37500,IF SUSTAINS ABV $25.05 CLD TEST NEXT LEVELS $25.50-$26//

GM NOV 4, 7.10AM: FED ANNOUNCES 600MN STIMULUS PACKAGE, KEEPS INTEREST RATES UNCHANGED AT 0.25%/USD WEAKENS// SILVER ZOOMS TO LIFE HIGH AT $25.15 HIGH/GOLD$1356/CRUDE $85.15/BASE METALS RALLY SHARPLY HIGHER//

MRKT ALERT 10.10 PM

MCX NOV CRUDEOIL T1 ACH AT 3760, BUY GIVEN AT 3735-3740. CMP 3768 TRADERS CAN BOOK FURTHER PROFITS. (RESET)

MRKT ALERT 8.04 PM

Crude Oil Inventories Actual 2.0M Forecast 1.7M Previous 5.0M

MRKT ALERT 8.01 PM

MCX NOV CRUDEOIL APP OUR T3 AT 3798, BUY GIVEN AT 3735-3740 FOR HIGH RISK TRADERS. CMP 3790.

MRKT ALERT 6.16 PM

Market again trading zig zag without clear direction. Crudeoil trading at high. Strong res 3780. Trade with strict SL and Less volumes..!!

MRKT ALERT 4.59 PM

MCX NOV CRUDEOIL T2 ACH AT 3780, BUY GIVEN AT 3735-3740 FOR HIGH RISK TRADERS. TGT EXT UPTO 3798.

MRKT ALERT 4.53 PM

MCX NOV CRDEOIL APP OUR T2 AT 3780, BUY GIVEN AT 3735-3740 FOR HIGH RISK TRADERS. CMP 3770.

MRKT ALERT 3.50 PM

MCX NOV CRUDEOIL T1 ACH AT 3760, BUY GIVEN AT 3735-3740 FOR HIGH RISK TRADERS.

MRKT ALERT 2.50 PM

MCX Nov Crudeoil traders can book part profits
upto 3750, Buy given between 3735 - 3740.

MCX NOV CRUDE: TRADERS HAVING FILLS IN BUYS APP T1 AT 3760 CMP 3756/BOOK PART PROFITS/

BUY MCX NOV CRUDE 3735 TO 3740 SL BELOW 3716 TGT 3760/3780.//TRADE LESS VOUMES HIGH RISK.

UPDATES FOR NOV 3 2010

NOV 3 WEDNESDAY

TRADING LEVELS FOR MORNNG SESSION

S1 RS 3720 , S2 RS 3695 , S3 RS 3660

R1 RS 3760 , R2 RS 3795 , R3 RS 3820

WAIT FOR CONFIRMATION .

CRUDE UPDATE: HITS HIGH MCX 3753, NOW SUPP AT 3720, WEEKLY SUPP AT 3660 MORE POSITIVE ON CLOSE ABV 3770, HIT HIGH $84.50 HIGHEST IN LAST 6 MONTHS, IF FED DETAILS COME POSITVE CLD SEE SHARP UPSIDE//INVENTORY TONITE EXP UP 1.4 MB VERSUS 5.1 LAST WEEK/

BASE METALS TRADING FLAT AT SAME LEVELS AS CLOSE/COPPER LTP 376.40 RES 378 SUPP 375/NICKEL LTP 1046.50 SUPP 1039 RES 1061/ALU CLOSED VERY POSITVE 107.70/ZINC AND LEAD CLOSED DOWN DUE HIGH LME INVENTORIES/MKTS WAIT FED ANNOUNCEMENTS LATER TODAY AS USD WEAKENS/DOLLAR INDEX TRADING BELOW 77/EURO VS USD ABV 1.40//

GM NOV 3,7.10AM:MKTS WAIT FOR FED ANNOUNCE MENTS LATER THIS EVENING/USD WEAKENSIN ANTICIPATION/CRUDE HITS HIGH$84.50 , CMP 84.30 MCX HIGH 3753 LTP 3736 RES 3770 SUPP 3720/NAT GAS$3.86/GOLD$1355 LTP 19705; SILVER$24.77 LTP 37145 POSITVE ABV $25 MCX ABV 37500 SUPP 36850/

MRKT ALERT 7.40 PM

Expected Crude Oil Inventories Forecast 1.7M Previous 5.0M (Actual to be released tomorrow 8:00pm)

MRKT ALERT 5.59 PM

MCX NOV CRUDEOIL T1 ACH AT 3745, BUY GIVEN ABOVE 3720 FOR HIGH RISK TRADERS.

MRKT ALERT 5.54 PM

MCX CRUDEOIL APP OUR T1 AT 3745, BUY GIVEN ABOVE 3720 FOR HIGH RISK TRADERS. CMP 3739.

MRKT ALERT 5.15 PM

MCX Nov Crudeoil Traders can book part profits upto 3729, others hold for targets given. Buy given above 3720 as levels for high risk traders.

MRKT ALERT 12 PM

MCX Nov Crudeoil looks positive above 3720 and could test 3745 - 3770 levels. Strong sup seen around 3690. High risk traders could operate with these levels..

UPDATES FOR NOV 2 2010

NOV 2 TUESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 3700 , S 2RS 3675 , S3 RS 3630

R1 RS 3760 , R2 RS 3795 , R3 RS 3820

WAIT FOR CONFIRMATION .

CRUDE UPDATE: POSITIVE WITH RES AT 3745-3755 SUPP AT 3690//

FED MAY ANNOUNCE FIRST STIMULUS PACKAGE OF $500 MILLION TREASURY PURCHASES TONITE/WILL IMPACT USD/CRUDE HOLDING AFTER STRONG CHINA MANUFACTURING DATA//

GM NOV 2, 7.30AM: CRUDE$83.20 LTP 3724 OPENS MARGINALLY HIGHER RES 3758 SUPP 3670/NAT GAS$3.80 WEAK BELOW 175/GOLD$1353 LTP 19713/SILVER$24.70 LTP36950 SUPP 36800,36600 RES 37250 EXP OPEN MARGINALLY HIGHER//BASE METALS TRADING FLAT TO MARGINALLY DOWN, COPPER LTO 373 RES 375.50 SUPP 371/EXP ZIG ZAG TRADES MORNING TILL FED POLICY RELEASE LATER TONITE, TRADE LESS , WAIT FOR CLARITY/RBI CREDIT POLICY TODAY TO DECIDE NEXT MOVE OF INR/USD GAINS MARGINALLY/

MRKT ALERT 6.37 PM

MCX NOV CRUDEOIL T2 ACH AT 3700, BUY GIVEN ABOVE 3660 FOR HIGH RISK TRADERS.

MRKT ALERT 6.35 PM

MCX NOV CRUDEOIL T1 ACH AT 3690, BUY GIVEN ABOVE 3660 FOR HIGH RISK TRADERS.

MRKT ALERT 6.31 PM

MCX NOV CRUDEOIL APP OUR T1 AT 3690, BUY GIVEN ABOVE 3660 HIGH RISK TRADERS. CMP 3683.

MCX NOV CRUDE IGH 3676/MULTIPLE LOT HOLDERS BOOK FURTHER PROFITS/HIGH RISK BUY ABV 3660/TRAIL WITH PROFIT STOPS.

MCX NOV CRUDE : TRADERS HOLDING LONGS TRAIL SL TO 3645.

MCX NOV CRUDE: HIGH RISK TRADERS HOLDING BUYS AT 3660 BOOK PART PROFITS AT CMP 3670/

MARKET ALERT ON NOV 1 MONDAY 3.15 PM IST


MCX Nov Crude trading above Res 3660 with support

at Rs 3625 and cld test Res 3690 / 3700 .

High risk traders can operate with these levels .

UPDATES FOR NOV1 2010

NOV 1 MONDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 3609 , S 2RS 3590 , S 3RS 3564

R1 RS 3652 , R2 RS 3671 , R3 RS 3698

WAIT FOR CONFIRMATION .

Silver surged to more than $25 an ounce for the first time in three decades as a weaker dollar increased the investment appeal of precious metals,gold was little changed. Silver for immediate delivery rose as much as 1.1 percent to $25.005 an ounce, the highest price since March 1980, as the dollar declined against a six-currency basket for a third day.

UPDATE AT 8.10AM; BASE METALS RALLING HIGHER COPPER UP OVER 1%, ZINC UP ABOUT 1.5%, NAT GAS UP ABT 1%, SILVER UP ABOUT 1%//MKT EXPECTS STIMULUS PACKAGE RANGE 500 MILLION TO 1 TRILLION DOLLARS!!!!

BASE METALS OPEN SHARPLY HIGHER ON WEAKNESS IN USD /COPPER OPENS HIGHER ARD 0.80%, NICKEL ARDS 0.60%, ZINC AND LEAD OPEN ABOUT 1% HIGHER!!

GM NOV 1,7.15AM:ALL COMM OPEN HIGHER AS FED MEETS TODAY AND TOMORROW ON DECISION ON QUANTITATIVE EASING AND STIMULUS MEASURES, USD OPENS WEAKER IN EARLY TRADES!!/ CRUDE$81.86 ( UP 0.40 CENTS)LTP 3626 SUPP 3600 RES 3675; NAT GAS$4.06 OPENS HIGHER 0.50%/GOLD$1358 HITS HIGH $1365 IN EARLY TRADES LTP 19798 STRONG RES AT $1365 MCX 19850/SILVER$24.85 HITS HIGH $25 IN EARLY TRADES LTP 37059 RES 37300 SUPP 36750, EXP POSITIVE OPEN SILVER ARD 37180 TO 37200//