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Saturday, April 30, 2011

GM APRIL30,7.30AM: GOLD HITS HIGH $1569 HOLD CARRYOVER LONGS GOLDMINI JUNE/JULY AS PER CALLS FOR EXTENDED TGTS/SILVER CONSOLIDATES AFTER SHARP RALLY EARLIER THIS WEEK SUPP$47 RES $49.85-50.50/CRUDE HOLDS AT HIGHS ARD $113.50 WEEKLY SUPP 4960 RES 5100 OVERALL POSITIVE/COPPER HIGH RISK TRADERS HOLD SELLS AS PER CALL LAST NIGHT/NICKEL ALU POSITIVE/ZINC LEAD SIDEWAYS//NAT GAS POSITIVE RES 210-211//

Friday, April 29, 2011

MCX MAY CRUDE UPDATE: WE AK BELOW 5015 WITH RES ABV 5035 AND CLD TEST SUPP 4990-4980//LEVELS ONLY//

UPDATES FOR APRIL 29 2011

APRIL 29 FRIDAY


TRADING LEVELS FOR MORNING SESSION


S1 RS 4980 , S2 RS 4950 , S3 RS 4920


R1 RS 5030 , R2 RS 5050 , R3 RS 5080



WAIT FOR CONFIRMATION .
LME CLOSED ON FRODAY APRIL 29 AND MONDAY MAY2(MAY DAY SUBSTITUTE) 4 DAY WEEKEND FROM TODAY/CHINA CLOSED MAY 2 MONDAU MAY DAY//
UPDATE:LONDON CLOSED TODAY DUE ROYAL WEDDING,EXP LOW VOLUMES BASE METALS TODAY/US DOLLARINDEX TRADES ARD 73 AT NEAR 3 YEAR LOWS/CONTINUED WEAKER DOLLAR INDEX CLD PUSH BULLIONS UP FURTHER , WATCH OUT FOR BREAK AND CLOSE BELOW 73/BASE METALS DOWN EARLY TRADES ON EXP LOWER CHINA IMPORTS/
GM APRIL29,7.30AM; GOLD$1534 YESTERDAYS HIGH 1538OPENS FLAT/SILVER$48.40 YESTERDAYS HIGH 49.54 LTP 71080 OPENS FLAT, WEEKLY SUPP $47 RES $49.85 CLOSE ABV CLD TGT$51/CRUDE$112.55 LTP 5013 TRADES FLAT SUPP WEKLY 4980-496- RES 5100 CORRECTED DOWN LAST NIGHT AFTERBAD US GDP DATA/NAT GAS LTP205.60 POSITIVE RES 208-210 SUPP 201/COPPER OPENS MARGINALLY LOWER LTP 416.40 SUPP 413 RES 420-421/NICKEL POSITVE AS PER LEVELS LAST NIGHT/ALU POSITIVE/ZINC LEAD FLAT/

Thursday, April 28, 2011

MRKT ALERT 8.42 PM

MCX MAY CRUDEOIL OUR T1 ACH AT 5070, BUY GIVEN AT REENTER ABOVE 5034, OUR T2 AT 5090, CURRENT HIGH 5078 TRADERS CAN BOOK FURTHER PROFITS...!!!

MRKT ALERT 7.05 PM

MCX MAY CRUDEOIL TRADERS HOLDING BUYS ABOVE 5034. CMP 5049 BOOK PART PROFITS/ LOW RISK TRADERS TRAIL WITH PROFIT SL...!!!

MRKT ALERT 5.19 PM

MCX MAY CRUDEOIL AS RES AT 5034 AND NEXT UP MOVE ON BREAK ABOVE 5034 ONLY/ TRADERS HOLDING POSITIONS TRADE AS PER THESE LEVEL...!!!
mcx crude oil update: overall intraday positive abv 5030 with supp at 4990 and res 5070-5090-5100//levels//
MCX MAy Crude now looks positive between

5040 to 50


Support below Rs 4990

Res 5070 / 5090 / 5110

Levels for high risk traders

UPDATES FOR APRIL 28 2011

APRIL 28 THURSDAY


TRADING LEVELS FOR MORNING SESSION


S1 RS 5025 , S2 RS 4980 , S3 RS 4950


R1 RS 5095 , R2 RS 5130 , R3 RS 5165


WAIT FOR CONFIRMATION .
GM APRIL28, UPDATE AT 9.25AM; GOLD$1528 SILVER$48.52 MCX ABV 70000/CRUDE$113.35/COPPER TRADING UP ARD 1.3% EXP MCX ARD 420-421//
UPDATE AT 8.30AM:BULLIONS HOLDING AT HIGHS GOLD$1528 SILVER$48.35 OVERALL SILVER BULLISH IF SUSTAINS ABV $48 TILL 49-50-51$/CRUDE$113.38 RES 5070 AT OPEN-5120-5150 SUPP 4990/COPPER UP ARD 1.4% MCX ARD 421-422 SUPP 415 RES 427 MAJOR POSITIVE MOVE STILL ONLY CLOSE ABV 431 SUPP 411/FED HAS NOT SAID ANY MAJOR POSITIVE INCREASE IN US ECONOMY STATES ONLY MODEST RECOVERY OVER PERIOD OF TIME/
GM APRIL 28,8AM: FED KEEPS INTEREST RATES UNCHANGED, MAINTAINS STIMULUS PACKAGE/US DOLLAR CRAHSES TO 3 YEAR LOWS/GOLD$1326 NEAR LIFE HIGH/SILVER$48.35 UP SHARPLY LTP 68820 MCX CMP ARD 69500 EXP GAPUP OPEN/CRUDE$113.45 LTP 5047 MCX CMP ARD 5075/BASE METALS OPEN HIGHER COPPER LTP 416.80 OPEN SHIGHER ARD 1% MCX ARD 420//

Wednesday, April 27, 2011

MRKT ALERT 8.03 PM

Expected Crudeoil Inventories Actual 6.2M Forecast 0.9M Previous -2.3M...!!!

TECHNICALS FOR NYMEX TRADE FOR APRIL 27 2011

APRIL 27 WEDNESDAY


TRADING LEVELS FOR EVENING SESSION



S1 RS 5007 , S2 RS 4988 , S3 RS 4964


R1 RS 5052 , R2 RS 5078 , R3 RS 5097


WAIT FOR CONFIRMATION .
mcx crud eoil update; trades with mild weakness with res abv 5030 and cld test 4995-4985-4975/levels/

UPDATES FOR APRIL 27 2011

APRIL 27 WEDNESDAY



TRADING LEVELS FOR MORNING SESSION


S1 RS 4965 , S2 RS 4925 ,S3 RS 4880


R1 RS 5025 , R2 RS 5055 , R2 RS 5090


WAIT FOR CONFIRMATION .
GM APRIL27,8AM: FED MEET IN US CONCLUES TONITE AND EXP ANNOUNCEMENTS ON INTEREST RATES AND STATE OF ECONOMY,EXP MOVES TO KEEP US DOLLAR STABLE/EXP MKTS TO ZIG ZAG TILL TONITE WITH NO CLEAR CLARITY,TRDAE LESS//GOLD$1506 SILVER$45.70 TRADE FLAT/CRUDE$112 FLAT SUPP 4965 RES 5035 LTP 4995/BASE METALS FLAT COPPER LTP 424.90 SUPP 422 RES 427//

Tuesday, April 26, 2011

MRKT ALERT 6.39 PM

Expected Crude Oil Inventories Forecast 0.9M Previous -2.3M. (Actual to be released tomorrow 8.00 PM)...!!!
UPDATE AT 8.35AM; SILVER DOWN FURTHER SHARPLY CMP $45.31 MCX DOWN ARD RS 1500,GOLD$1497 DOWN RS 100/COPPER DOWN ARD 0.90% MCX ARD 418-418.50/CRUDE$111.25 MCX DOWN ARD RS 25-30//
GM APRIL 26,7.45AM: BULLIONS OPEN SHARPLY LOWER GOLD$1498 DOWN MCX ARD 100RS,SILVER$45.93 LTP 70129 MCX DOWN ARD RS 1000-800RS,MKTS AWAIT OUTCOME OF FED MEET TOMORROW NIGHT/CRUDE$111.48 LTP 5003 MCX OPEN DOWN ARD 4985 SUPP 4965 RES 5035 , NAT GAS OPENS WEAK/COPPER OPOENS LOWER ARD 0.70% LTP 421.90 RES 424.50 SUPP 418 MCX CMP ARD 418.50-419, NICKEL LTP1168 SUPP 1155 RES 1185/ZINC RES 104 SUPP 100.50//

Monday, April 25, 2011

MARKET ALERT ON APRIL 25 MONDAY 1.30 PM IST



MCX Crude May Update :


Positive Above 5020 with support at Rs 4970


and could test Res at Rs 5070 / 5100 / 5120 /


Positional Levels for High Risk Traders .
GM APRIL 25,8.10AM: CRUDE$112.90 OPENS HIGHER 50 CENTS MCX ARD 5035-30/NAT GAS MARGINALLY UP RES 204/BULLIONS UP GOLD$1511 MCX UP ARD RS 40, SILVER $47.77 HIGH 47.88 MCX UP AT 71000++ RES 72400 RES $48-49//COPPER OPENS LOWER ARD 0.70% MCX ARD 430//LME CLOSED TODAY FOR EASTER//FED MEETS THIS WEEK ALL CUES BASED ON MEET OUTCOME/

Saturday, April 23, 2011

ELECTRONIC TRADE CLOSE FOR APRIL 22: GOLD$1507 MARGINALLY POSITIVE CLOSE/SILVER AT NEW HIGH $47.25 HIGH $47.71 EXP MCX ARD 68500-68700//

Friday, April 22, 2011

COMEX ELECTRONIC TRADING UPDATE AT 5.30PM: GOLD HITS HIGH $1514 CMP$1507 MCX MARGINALLY UP//SILVER HITS HIGH$46.82 CMP$46.62 MCX ARD 68500 TRADES HIGHER//

Thursday, April 21, 2011

UPDATES FOR APRIL 21 2011

APRIL 21 THURSDAY



TRADING LEVELS FOR MORNING SESSION


S1 RS 4921 , S 2RS 4895 , S3 RS 4861


R1 RS 4985 , R2 RS 5015 , R3 RS 5045


WAIT FOR CONFIRMATION
UPDATE AT 7.50PM: CRUDE$111.96 LTP 4951 MCX CPM CLOSE TO 5000/GOLD$1507 SILVER$45.83 HIGH 45.95 MCX 67000+++/OPEN DEPENDS IN INR OPEN CLD BE STRONG ON BACK OF HIGHER OPEN EQUITIES//BASE METALS TRADE FLAT COPPER LTP 424.45 WEEKLY SUPP 422 RES 427-429/NICKEL LTP 1171 SUPP 1160 RES 1178-84//ALU POSITIVE/LEAD AND ZINC TRADE ZIG ZAG WITH POSITIVE BIAS INSPITE ON HUGE INCREASES IN LME INVENTORIES//WEK USD HOLD UP CXOMMODITIES DOLLAR INDEX 74.18/
GM APRIL21,7.15AM: GOLD AT NEW HIGH $1507,SILVER NEW HIGH $45.80 YESTERDAYS HIGH 45.39 LTP 65644 MCX CMP ARD 67000 WATCH OUT INR OPEN CLD STRENGTHEN/CRUDE $111.97 STRONG OPEN EARLY TRADES/

Wednesday, April 20, 2011

MRKT ALERT 8.45 PM

CRUDE INTRADAY SUP 4900 WEEKLY SUP 4875 RES 4955-4975//
MARKET ALERT ON APRIL 20 WEDNESDAY 2.25 PM IST


MCX May Crude oIl looks positive above Rs 4885 ,


with immediete support at Rs 4860 and


could Res at Rs 4910 to 15 .


LEVELS ONLY
UPDATE AT 9.25AM; CRUDE $108.94 SILVER$44.20/COPPER TRADES HIGHER ARD1 %/NAT GAS UP/GOLD TRADES AT HIGH $1497//EXP POSITIVE OPEN ALL MCX WITH COPPER OPENING GAP UP//
GM APRIL 20,8.10AM: CRUDE$108.65 OPENS HIGHER LTP 4867 RES 4900 SUPP 4825 /NAT GAS TRADES POSITVE/GOLD41497 TOPS $1500 LAST NIGHT SILVER$44.25 LTP64595 OPEN HIGHER MCX ARD 64800-850../BASE METALS OPEN HIGHER COPPER UP ARD 0.60% LTP 418.40 MCX CMP ARD 420.50-421/NICKEL OPEN UP LTP 1141 SUPP 1124 RES 1145-55/ALU EXZTREME POSITIVE/LEAD ZINC HOLDING/

Tuesday, April 19, 2011

TECHNICALS FOR NYMEX TRADE FOR APRIL 19 2011

APRIL 19 TUESDAY


TRADING LEVELS FOR EVENING SESSION


S1 RS 4764 , S2 RS 4745 . S3 RS 4721


R1 RS 4809 , R2 RS 4835 , R3 RS 4854



WAIT FOR CONFIRMATION .

UPDATES FOR APRIL 19 2011

APRIL 19 TUESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 4805 , S2 RS 4768 , S3 RS 4741\

R1 RS 4858 , R2 RS 4879 , R3 RS 4905

WAIT FOR CONFIRMATION .
GM APRIL 19.8.10AM: CRUDE 4107 TRADES FLAT/GOLD41491 SILVER$43.10 TRADES FLAT TO MARGINALLY WEAK/BASE METALS TRADE FLAT/ SHARP CORRECTION DOWN SEEN LAST EVENING AFTER S AND P DOWNGRADES US ECONOMY AND DUE TO GREECE DEBT CRISIS/COPPER LTP 414.10 WEEKLY RES 420 SUPP 411-410 BREAK BELOW CLD TEST 407-404/

Friday, April 15, 2011

UPDATES FOR APRIL 15 2011

APRIL 15 FRIDAY TRADING LEVELS FOR MORNING SESSION S1 RS 4780 , S 2 RS 4750 , S3 RS 4721 R1 RS 4835 , R2 RS 4875 , R3 RS 4920 WAIT FOR CONFIRMATION .
UPDATE AT 8.55Am; CRUDE $108.20 MCX MARGINALLY UP/GOLD$1475 FLAT SILVER$42.22 EXP GAP UP OPEN /BASE METALS FLAT COPPER RES 425 SUPP 418//
CHINA INFLATION DATA JUST RELEASED AT 5.4% HIGHER THAN EXP 5.2%//MKTS NERVOUS ABOUT FURTHER CHINA BANK RATE INCREASES IMMINENT ANYTIME/BULLIONS UP ON INFLATION PRESSURES/
GM APRIL15,8AM; GOLD 41476 OPENS MARGINALLY HIGHER ARD 50RS MCX LEVELS/SILVER SHARPLY HIGHER $42.232 HIGH 42.41 EXP MCX OPEN SHARPLY HIGHER NEW 31 YEAR LIFE HIGH ARD 62000 +++/CRUDE4108.48 OPENS HIGHER MCX ARD 4830-40 UPSIDE SEEN AFTER SAUDI REPORTS OF DROP IN PRODUCTION/ NAT GAS POSITVE AFTER DATA//BASE METALS OPEN MODESTLY UP COPPER OPENS UP 0.40% RES 424.50 SUPP 418//

Thursday, April 14, 2011

MRKT ALERT 6.01 PM

Correction : Sell Crudeoil Apr between 4730 - 4735 SL above 4760 T1 4710 T2 4690. Medium Risk
UPDATE AT 4.30PM; CRUDE$106.66 TRADES LOWER ARD 0.40%MCX ARD 4715-20/NAT GAS TRADES LOWER ARD 1.3% EXP GAP DOWN OPEN//BULLIONS DRIFTING DOWN AFETR EARLY GAINS GOLD$1455 SILVER$40.58 AFTER DAY HIGH 41.39 IN MORNING TRADES//BASE METALS TRADING LOWER COPPER DOWN ARD 0.70% MCX ARD 420-421/NICKEL DOWNMCX ARD 1167-65//AZINC AND LEAD DOWN SHARPLY ARD 1.5% ALU FLAT//MKTS AWAIT DATS FROM US THIS EVENING FOR NEXT MOVES/
GM APRIL 14/AKSHAYA TEAM WISHES ALL MEMBERS A HAPPY FESTIVE DAY AND WONDERFUL PROFITABLE YEAR AHEAD/CRUDE TRADES ABV $107 AFTER US GASOLINE SUPPLIES DECLINE LTP 4737 SUPP 4680 RES 4790/NAT GAS EXP INVENTORY TONITE EXP 34 B PREVIOUS -45B/GOLD$1458 TRADES FLAT WEAK ONLY CLOSE BELOW 41440 MCX 21070/SILVER$40.72 LTP59632 OPENS MARGINALLY UP ARD 59750/BASE METALS MARGINALLY UP/UPDATE WILL KEEP COMING/

Wednesday, April 13, 2011

MRKT ALERT 8.04 PM

8:00pm Crude Oil Inventories Actual 1.6M Forecast 1.9M Previous 2.0M

TECHNICALS FOR NYMEX TRADE FOR APRIL 13 2011

APRIL 13 WEDNESDAY TRADING LEVELS FOR EVENING SESSION S1 RS 4714 , S2 RS 4695 , S3 RS 4671 R1 RS 4759 , R2 RS 4785 , R3 RS 4804 WAIT FOR CONFIRMATION .

UPDATES FOR APRIL 13 2011

APRIL 13 WEDNESDAY TRADING LEVELS FOR MORNING SESSION S1 RS 4700, S2 RS 4665 , S3 RS 4631 R1 RS 4765 , R2 RS 4793 , R3 RS 4825 WAIT FOR CONFIRMATION .
Crude $ 106.15 , LTP Rs 4742 , Strong support st Rs 4700 / 4680 // Res 4800 / Expect Open Marginally Lower . Weekly Charts show Further weakness// Base Metals Opens Flat to marginally Lower . Copper LTP Rs 432.15 . Support at Rs 430 , Res at Rs 434.50 /
Good Morning : April 13 Th 8.15 AM , Gold $ 1455 , Strong Weekly Suport st $ 1445 , a break below cld test upto 1432 . MCX Gold Strong support at Rs 21070 and Gold Mini at Rs 21000 . Expect Open Marginally up around Rs 20 // Silver $ 40.18 , Weekly Strong Support at Rs 39.7 , a break below cld test $ 39 . MCX Support at Rs 58800 and Res at Rs 59900 . Expect open around Rs 59450 to 500 .

Tuesday, April 12, 2011

MRKT ALERT 7.22 PM

EXPECTED CRUDEOIL INVENTORIES FORECAST 1.9M PREVIOUS 2.0M (ACTUAL TO BE RELEASED TOMORROW 8.00 PM)

MRKT ALERT 7.21 PM

CRUDEOIL WEAK BELOW 4800 RES 4830 SUP 4760.

TECHNICALS FOR NYMEX TRADE FOR APRIL 12 2011

APRIL 12 TUESDAY TRADING LEVELS FOR EVENING SESSION S1 RS 4785 , S2 RS 4856 , S3 RS 4832 R1 RS 4920 , R2 RS 4946 , R3 RS 4965 WAIT FOR CONFIRMATION .

UPDATES FOR APRIL 12 2011

APRIL 12 TUESDAY TRADING LEVELS FOR MORNING SESSION S1 RS 4865 , S2 RS 4845 , S3 RS 4815 R1 RS 4925 , R2 RS 4955 , R3 RS 4992 WAIT FOR CONFIRMATION .
JAPAN NUKE CRISIS : ACCIDENT RATING UPGRADED TO SAME AS CHERNOBYL//BASE METALS TRADES FLAT COPPER LTP 438.45 SUPP 436 RES 443/NICKEL LTP1232 SUPP 1215 RES 1243/ LEAD MARGINALLY WEAK ALU AND ZINC HOLDING//CRUDE SLIPS FURTHER $108.25 NAT GAS MARGINALLY UP//BULLIONS MARGINALLY WEAK//IMF CUTS FORECAST OF CRUDE OIL CONSUMPTION AFTER JAPAN QUAKES//
GM APRIL12,8.10AM;JAPANS QUAKE,WARNING OF HIGHER NUCLEAR RADIATION LEAKS, MINOR STRENGTHENING IN USD OFFSETS POSITVE DATA FROM CHINA OF HIGHER IMPORTS IN YESTERDAYS TRADES//GOLD$1458 DOWN ARD RS 40 MCX/SILVER$40.16 LTP 60000 MARGINALLY DOWN SUPP 59700 RES 60400/CRUDE$108.41 OPENS SHARPLY LOWER MCX EXP OPEN ARD 4850-60 /BASE METALS OPEN MARGINALLY LOWER/

Monday, April 11, 2011

MARKET ALERT ON APRIL 11 MONDAY 7.10 PM IST MCX April crude has Immediete Res at Rs 4985 Next Res is seen at Rs 5015 Support is seen below Rs 4957 These are Levels only .

UPDATES FOR APRIL 11 2011

APRIL 11 MONDAY TRADING LEVELS FOR MORNING SESSION S1 RS 4995 , S2 RS 4945 , S 2RS 4903 R1 RS 5058 , R2 RS 5100 , R3 RS 5158 WAIT FOR CONFIRMATION .
WEAK USD DOLLAR HOLD SUP BASE METALS COPPER MARGINALLY UP AT OPEN WEEKLY SUPPORT 436 RES 448-452/LEAD OPENS IN LME HITS RECORD HIGHS/HOLD BUYS HIGH RISK TRADES AS PER TRADING IDEAS GIVEN SATURDAY INCOPPER CRUDE LEADM ALUM ZINCM//
GM APRIL 11,8AM: DOLLAR INDEX TRADES 74.89 SHARP WEAKNESS SEEN PUSHING UP COMMODITIES//CRUDE$112.70 TRADES FLAT LTP 5030 WEEKLY SUPP 4980 RES 5050-5080-5120/NAT GAS OPENS LOWER//GOLD FLAT$1473 OUR POSITIONAL BUY LAST WEEK AT 20960 T3 ACH AT 21300 HOLD FOR T4/SILVER SHARPLY HIGHER $41.47 OPEN GAP UP HOLD BUYS GIVEN OVER WEEKEND AT 60480 SL 60100 TGT 61400 BOOK PART AT OPEN OR TRAIL SL ARD COST/

Saturday, April 9, 2011

MRKT ALERT 10.58 PM

TRADING IDEA HIGH RISK : BUY CRUDOEIL APR AROUND 5020 SL BELOW 4980 TGTS 5050-5080-5100. TRADE LESS...!!!

MRKT ALERT 10.36 PM

MCX APR CRUDEOIL ALERTED YESTERDAY MORNING ABOVE 4895 TGTS 4940-4980-5020-5060 ALL LEVELS HITS...!!!
GM APRIL9,7.45AM;CRUDE CLOSED AT NEW HIGH $112.77 LTP 4964 (REFER OUR ALERT YESTERDAY AT 9.40AM ABV 4895 SUPP 4835 TGTS 4940-4980-5020-5060 HIGH LAST NIGHT 4972)/SILVER$40.84 LTP59484(REFER ALERT YESTERDAY MORNING ABV 440.70 TGT $41) SUPP NOW 58650 CLD TEST 59650-59850/GOLD$1475 HOLD POSITIONAL BUYSGOLDM AT 20960 APP T2 AT 21200//BASE METALS CLOSE AT HIGHS HOLD LONGS ALUM AND LEADM AS PER TGTS GIVEN/

Friday, April 8, 2011

TECJHNICALS FOR NYMEX TRADE FOR APRIL 8 2011

APRIL 8 FRIDAY TRADING LEVELS FOR EVENING SESSION S1 RS 4795 , S2 RS 4760 , S3 RS 4736 R1 RS 4947 , R2 RS 4973 , R3 RS 4998 WAIT FOR CONFIRMATION .

UPDATES FOR APRIL 8 2011

APRIL 8 FRIDAY TRADING LEVELS FOR MORNING SESSION S1 RS 4845 , S2 RS 4815 , S3 RS 4785 R1 RS 4905 , R2 RS 4930 , R3 RS 4960 WAIT FOR CONFIRMATION .
UPDATE AT 9.40AM; CRUDE AT HIGH $111/SILVER AT HIGH $39.95/GOLD$1465//BASE METALS TRADING HIGHER COPPER UP ARD 0.70% MCX ARD 434-434.50///
UPDATE AT 8.30AM; CRUDE$110.93 MCX ARD 4925-4930/SILVER$39.85 MCX ARD 58250-58300/GOLD41465 MCX UP ARD RS 80// EXP GAP UP OPEN SUBJECT TO INR OPEN///BASE METALS OPEN POSITVE COPPER LPTP 432.20 CMP ARD 433.50//
CRUDE TRADING AT NEW HIGHS $111.80 MCX LTP 4880 EXP OPEN MCX ARD 4910-4915, WEEKLY CLOSE ABV 4895 MORE POSITVE WITH SUPP AT 4835 AND CLD TEST 4940-4980-5020-5060 POSITIONALLY(LEVELS ONLY)/NAT GAS FLAT//BASE METALS TRADES FLAT TO MILD POSITVE ,CORRCETED LAST NIGHT MARGINALLY ON NEWS OF NEW QUAKE IN JAPAN BUT WEEKLY CHARTS POSITVE//

Thursday, April 7, 2011

TECHNICALS FOR NYMEX TRADE FOR APRIL 7 2011

APRIL 7 THURSDAY TRADING LEVELS FOR EVENING SESSION S 1 RS 4795 , S 2R S4760 , S3 RS 4736 R1 RS 4833 , R2 RS 4859 , R3 RS 4878 WAIT FOR CONFIRMATION .
CRUDE$108.42 LTP 4794 SUPP 4750 RES 4835/INR APPRECIATION IS HOLDING CRUDE DOWN, BUT REMAINS POSITVE MORE ON CLOSE ABV $110//BASE METALS STRONG ON WEAK US DOLLAR/COPPER MORE POSITVE CLOSE ABV 428.50 WEEKLY BASIS/NICKEL LEAD ALU AND ZINC LOOK BULLISH FROM CURRENT LEVELS WEEKLY BASIS/ALU SUPP 116.50 CLD TGT 119.20/ZINC SUPP 106.50 CLD TGT 109/NICK SUPP 1155 RES 1180-85/LEAD SUPP 124 RES 126.50-128//

Wednesday, April 6, 2011

MRKT ALERT 8.17 PM

CRUDEOIL INVENTORY: ACTUAL 2M FORECAST 1.3M PREVIOUS 2.9M...!!!

MRKT ALERT 8.09 PM

Crudeoil Inventories up 1.9...!!!

MRKT ALERT 7.29 PM

Buy Crudeoil Apr abv 4820 SL below 4799 T1 4840 T2 4860.

TECHNICALS FOR NYMEX TRADE FOR APRIL 6 2011

APRIL 6 WEDNESDAY TRADING LEVELS FOR EVENING SESSION S1 RS 4779 , S2 RS 4760 , S3 RS 4736 R1 RS 4811 , R2 RS 4837 , R3 RS 4856 WAIT FOR CONFIRMATION .
MARKET ALERT ON APRIL 6 WEDNESDAY 1.30 PM IST MCX April Crude now has strong support at 4788 and could Test 4812 / 4835 / 4850 CMP Rs 4800 . These are Trading Levels only .

UPDATES FOR APRIL 6 2011

APRIL 6 WEDNESDAY TRADING LEVELS FOR MORNING SESSION S1 RS 4757 , S 2 RS 4708 , S3 RS 4666 R1 RS 4821 , R2 RS 4863 , R3 RS 4921 WAIT FOR CONFIRMATION .
UPDATE AT 8.25AM; GOLD$1453/SILVER$39.33 MCX ARD 57600-650 EXP POSITVE OPEN DEPENDS ON ONR//CRUDE BELOW 4108//COPPER TRADES HIGHER ARD 0.75% MCX ARD 421.50-422//
UPDATE AT 7.45Am; CRUDE $108 OPENS MARGINALLY LOWER WEAK IF SUSTAINS BELOW 3790 NEXT SUPP 3780-3766 RES 3815 INVENTORY TONITE EXP UP1.9MB LAST WEEK UP 2.9MB/BASE METALS OPEN HIGHER COPPER OPENS HIGHER ARD 0.60% LTP 418.35 MCX CMP ARD 420.50-421/MKTS SLIPPED DOWN LAST WEEK INITIALLY ON CHINA RATE INCREASE BUT SUBSEQUENTLY LOOKS STABILIZED FOR NOW RES 424.50 SUPP 415//

Tuesday, April 5, 2011

TECHNICALS FOR NYMEX TRADE FOR APRIL 5 2011

APRIL 5 TUESDAY TRADING LEVELS FOR EVENING SESSION S1 RS 4789 , S 2RS 4770 , S3 RS 4746 R1 RS 4821 , R2 RS 4847 , R3 RS 4866 WAIT FOR CONFIRMATION .
mcx april crude taking supports at 4800 and cld test 4832-4842// sl would be 4790//levels for risky traders//

UPDATES FOR APRIL 5 2011

APRIL 5 TUESDAY TRADING LEVELS FOR MORNING SESSION S1 RS 4785 , S 2 RS 4748 , S3 RS 4720 R1 RS 4835 , R2 RS 4865 , R3 RS 4895 WAIT FOR CONFIRMATION .
GM APRIL 5,7.40AM: CRUDE$108.31 LTP4811 SUPP 4790 RES 4830-4845/NAT GASFLAT//GOLD$1433 OPENS MARGINALLY HIGHER,SILVER$38.70 LTP 56682 OPEN HIGHER MCX ARD 56800( DEPENDS INR) HOL CARRYOVER LONGS FROM YESTERDAYS BUY AT 56100 FOR T3 AT 56800 NEX RES 57000//BASE METALS TRADE FLAT COPPER LTP 419 SUPP 416.50 RES 425 WEEKLY BASIS//LEAD AND ZINC LOOK POSITIVE /NICKEL SUPP 1132 RES 1152//

Monday, April 4, 2011

MARKET ALERT ON APRIL 4 MONDAY 9.10 PM IST MCX April Crude positive above Rs 4810 with support at Rs 4790 and could test Rs 4830 / 4848 . FOR LEVELS ONLY .

TECHNICALS FOR NYMEX TRADE FOR APRIL 4 2011

APRIL4 MONDAY TRADING LEVELS FOR EVENING SESSION S1 RS 4790 , S 2R S4751 , S3 RS 4727 R1 RS 4845 , R2 RS 4871 , R3 RS 4890 WAIT FOR CONFIRMATION .
MARKET ALERT ON APRIL 4 MONDAY 4.00 PM IST MCX April Crude Oil Facing Strong Res at 4840 to 45 levels // Holding in dollar terms but apprecoation in INR is holding MCX back // Res now at rS 4847 and cld test supports 4810 / 4795. LEVELS ONLY .

UPDATES FOR APRIL 4 2011

APRIL 4 MONDAY TRADING LEVELS FOR MORNING SESSION S1 RS 4789 , S2 SR 4740 , S3 RS 4700 R1 RS 4860 , R2 RS 4900 , R3 RS 1950 WAIT FOR CONFIRMATION ,
UPDATE AT 9.40AM: EXP BASE METALS OPEN LOWER COPPER MCX ARD 417.50/BULLIONS TO OPEN HIGHER/CRUDE MARGINALLY UP , NAT GAS LOWER/INR OPENS STRONGER ARD 10 PAISE/
APRIL 4,7.10AM; WISHIING ALL MEMBERS A HAPPY UGADI AND A GREAT YEAR AHEAD// CRUDE$108.63 TRADES HIGHER 0.60% MCX ARD 4850 /NAT GAS OPENS LOWER ARD 1%//SILVER ZOOMS NEAR LIFE HIGH CMP $38.06(LIFE HIGH $38.17 ON MARCH 24)MCX ARD 56250 DEPENDS ON INR OPEN/GOLD$1430 MARGINALLY UP BY ARD RS20//BASE METALS OPEN FLAT/

Friday, April 1, 2011

MRKT ALERT 6.35 PM

MCX APR CRUDEOIL MADE A HIGH OF 4820 AGAINST OUR T1 4825, BUY GIVEN AT 4800...!!!

MRKT ALERT 6.30 PM

MCX APR CRUDEOIL TRADERS CAN BOOK PART PROFITS UPTO 4810, BUY GIVEN AT 4800...!!!

MRKT ALERT 6.20 PM

Buy Crudeoil Apr between 4795 - 4800 SL below 4780 Tgt 4825 -4839

UPDATES FOR APRIL1 2011

APRIL 1 FRIDAY TRADING LEVELS FOR MORNING SESSION S1 RS 4715 , S2 RS 4680 , S3 RS 4650 R1 RS 4765 , R2 RS 4795 , R3 RS 4815 WAIT FOR CONFIRMATION .
GM APRIL1 ,7.45AM:CRUDE$107.21 EXP OPEN HIGHER RES 4785 SUPP 4680/NAT GAS FLAT/GOLD$1431 SILVER$37.63 LTP 55970 RES 56200 SUPP 55620//BASE METALS OPEN FLAT COPPER LTP 425.30 SUPP 420 RES 428.50//CHINESE MFG DATA RELEASED SHOWS POSITIVE UPMOVE AFTER 4 MONTHS//