MRKT ALERT 10.31 PM

MCX FEB CRUDEOIL TESTED OUR LEVELS AT 4158-4170, GIVEN AS POSITIVE ABOVE 4140 AS LEVLES. CMP 4175.

MRKT ALERT 9.48 PM

MCX FEB CRUDE TRADING ABOVE RES 4140 WITH SUP AT 4115 AND COULD TEST RES AT 4158-4170. LEVELS ONLY.

MRKT ALERT 6.47 PM

MCX FEB CRUDEOIL APP OUR T1 AT 4150, BUY GIVEN ABOVE 4130, CMP 4147 TRADERS CAN BOOK PART PROFITS AND TRAIL SL TO 4130.

MCX FEB CRUDE SUPP AT 4102 AND RES 4170//

UPDATES FOR JAN 31 2011

JAN 31 MONDAY

TRADING LEVELS FOR MORNING SESSION

S 1 RS 4096 , S 2R S4077 , S3 RS 4051

R1 RS 4139 , R2 RS 4158 , R3 RS 4185

WAIT FOR CONFIRMATION.

UPDATE AT 8.55AM: COPPER TRADING SHARPLY HIGHER ARD 0.80% MCX ARD 444-444.50/OTHER BASE METALS TRADING ON SIMILAR HIGHS/

UPDATE AT 8.20AM: CRUDE TRADES AT $90.33 MCX ARD 4150/NAT GAS UP ARD 204-204.50/GOLD FLAT ,SILVER$28.11 MCX ARD 43150(DEPENDS 0N INR OPEN)/BASE METALS TRADING HIGHER//COPPER UP ARD 0.5% MCX ARD 443.50-444.50/

GM JAN 31.7.30AM:CRUDE TRADING HIGHER AT $89.90 UP 56CENTS MCX ARD 4135/NAT GAS TRADING MARGINALLY HIGHER ARD 204//GOLD$1338,SILVER$28.10( MCX ARD 43150)/COPPER OPENS FLAT AT SAME LEVELS LTP 441.55 SUPP 439 RES 443.50-445//

GM,JAN 29.8AM: LAST NIGHTS SHARP INCRASE IN CRUDE OIL,CORRCETION DOWN IN BASE METALS AND INCREASE IN BULLIONS CAME AFTER EGYTIAN CRISIS NEWS CLD SPREAD TO OTHER MIDDLE EAST COUNTRIES!!!

MRKT ALERT 4.34 PM

MCX FEB CRUDE WEAK BELOW 3945 WITH RES AT 3962 AND IF SUSTAIN BELOW 3945 COULD TEST 3925. LEVELS ONLY.

UPDATES FOR JAN 28 2011

JAN 28 FRIDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 3940 , S 2 RS 3921 , S 3 RS 3890

R1 RS 3995 , R2 RS 4015 , R3 RS 4035

WAIT FOR CONFIRMATION .

UPDATE AT 8.50AM; BULLIONS SHOWS SMALL RECOVERY, GOLD BACK AT CLOSE LEVELS YESTERDAY SMALL POSITVE 41315, SILVER$26.66 MCX ARD 41450/CRUDE$85.24/ COPPER MARGINALLY DOWN 0.50% MCX ARD 436.50//

GM,JAN28,7.30AM; ALL COMM TRADING SHARPLY LOWER/GOLD$1308 LTP MCX 19678 MCX CMP ARD 19625/SILVER$26.53 DONW 40 CENTS MCX LTP41751 CMP ARD 41350/CRUDE$85.20 DOWN 40 CENTS LTP 3967 CMP ARD 3950/NAT GAS $TRADES FLAT/COPPER TRADING LOWER ARD 1% LTP 438.95 MCX ARD CMP 435.50/

MRKT ALERT

MCX FEB CRUDEOIL TESTED OUR BOTH LEVELS AT 3955 - 3950, CMP 3944.BOOK FULL PROFITS.

MRKT ALERT 4.32 PM

MCX FEB CRUDEOIL UPDATE : WEAK BELOW 3980 WITH RES AT 4005 AND COULD TEST 3955-3950 LEVLES/ LEVELS FOR HIGH RISK TRADERS TO SELL ON RAISES.

UPDATES FOR JAN 27 2011

JAN 27 THURSDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 3960 , S 2 RS 3931 , S3 RS 3905

R1 RS 4010 , R2 RS 4035 , R3 RS 4075

WAIT FOR CONFIRMATION .

UPDATE AT 8.30AM; BULLIONS, BASE METALS HOLDING AT DAY HIGHS, EXP GAP UP OPEN FROM TUESDAYS CLOSE/CRUDE MILD POSITIVE , NAT GAS MARGINALLY DOWN/

METALS UPDATE: USD WEAKENED VS A BASKET OF CURRENCIES PUSHING BASE METALS HIGHER,ALSO POSITVE US HOLE SALES DATA, BUT MKTS WATCHING CHINESE APPROACH AS LUNAR HOLIDAYS BEGIN IN CHINA NEXT WEEK/COPPER TRADING HIGHER ARD 0.80% FROM TUESDAYS CLOSE MCX ARD 433-433.50/NICKEL AND LEAD EXP TO OPEN HIGHER ARD 1.50% FROM TUESDAYS CLOSE/

GM JAN 27.7.15AM:US FED MEET ENDS ,KEEP S INTEREST RTAES UNCHANGED AND CONTINUES WITH STIMULUS PACKAGE, ACKNOWLEDGES SLOW PACE OF GROWTH IN US/FED AMOVES AND POSITIVE HOME SALES DATA LAST NIGHT HOLD SMKTS HIGHER/GOLD$1343(UP$11 FROM TUESDAY NIGHTS CLOSE EXP MCX ARD 20000)SILVER$27.62(UP 80 CENTS FROM TUESDAYS CLOSE EXP MCX ARD 42500)//CRUDE$87.57 FLAT,NAT GAS$4.47 MARGINALLY DOWN,CRUDE INVENTORIES LATS NIGHT SHARPLY HIGHER AT 4.64MB/

HAPPY REPUBLIC DAY FROM AKSHAYA TEAM: UPDATE AT 9.25 PM JAN 26: GOLD$1327 TRADING LOWER ARD $5( ABOUT 50RS) MCX LTP LAST NIGHT 19899/SILVER26.75 DOWN ARD 7 CENTS TRADES FLAT LTP 41747// CRUDE$86.30 TRADES FLAT AFTER CRUDE INVENTORY RELEASED TODAY UP 4.64 MB VS FORECAST 1.2MB LTP 3982/NAT GAS $4.42 LOWER ARD 1%/ BASE METALS TRADING HIGHER AFTER NEW HOME SALES DATA THIS EVENING CAME VERY POSITIVE COPPER UP ARD.60% LTP 429.30,LEAD AND NICKEL UP OVER 2%/

MRKT ALERT 11.09 PM

MCX JAN CRUDEOIL OUR T1 ACH AT 3970, SELL GIVEN AT 3990, OUR T2 IS 3965 ALMOST ACH, CURRENT LOW 3967 TRADERS CAN BOOK FULL PROFITS.

MRKT ALERT 11.05 PM

MCX JAN CRUDEOIL APP OUR T1 AT 3970, SELL GIVEN AT 3990. CMP 3974 TRADERS CAN BOOK FURTHER PROFITS.

MRKT ALERT 6.20 PM

MCX JAN CRUDEOIL HIGH RISK TRADERS HOLDING SELLS BETWEEN 3990 CAN BOOK PART PROFITS UPTO 3978

MRKT ALERT 5.27 PM

MCX FEB CRUDEOIL REMAINS WEAK BELOW 3990 WITH RES NOW AT 4015 AND COULD TEST SUP 3970-3965/ LEVELS FOR HIGH RISKT TRADERS

MRKT ALERT 4.19 PM

MCX FEB CRUDEOIL LOW 3979 TESTED BOTH SUP GIVEN BIAS AS LEVELS/ BAD LUCK ORGINAL SELL CALL AT 4010 JUST HIT SL AND TGT GOT AS ACH.

MRKT ALERT 4.12 PM

MCX FEB CRUDEOIL TESTED OUR LEVELS AT 3995, MORE WEAKNESS AND COULD TEST SUP 3980.

MCX FEB CRUDE STILL LOOKS MARGINALLY WEAK WITH RES ABV 4040 AND CLD TEST 3995//LEVELS ONLY/

MCX FEB CRUDE WEAK BELOW 4010 WITH RES AT 4025 AND CLD TEST 4000-3980-3960.

TECHNICALS FOR JAN 25

MCX FEB CRUD EOIL

SUPP; 4010/3985/3972

RES: 4040/4068/4085

UPDATE AT 8.25AM; ALL COMM TRADING LOWER AND TEST SUPP INITIALLY GOLD ARD 19920-19940/SILVER 42000-42200/COPPER 437-436//CRUDE 4005-4010//

BASE METALS OPEN DOWN, COPPER DOWN ARD 0.70% LTP439.60 SUPP 436 RES 443-445/NICKEL LTP 1190.70 SUPP 1184 RES 1208/US DOLLAR INDEX 77.89/FOMC MEET BEGINS IN US TONITE/DATA TONITE US CONSUMER CONFIDENCE EXP MARGINALLY POSITIVE/BASE METALS TRADING WITHOUT CLEAR DIRECTION, TRADERS ADVISED TO TRADE LESS TILL CLARITY COMES IN//

GM,JAN 25,7.30AM: BULLIONS TRADING MARGINALLY LOWER GOLD$1332 LTP19997 SUPP 19920 RES 20080,SILVER$26.75 LTP42341 SUPP 42000 RES 42600 WE HAD YSETERDAY PROJECTED OUR IMM TGT AT 42000, SELL GIVE AT 43230 YESTERDAY!!!/CRUDE 87.56 TRADING LOWER ARD 0.30 CENTS LTP 4016 SUPP ON CLOSING BASIS STRONG 4000 RES 4040-4070/NAT GAS TRADES FLAT LTP 211.10//

Crude for March delivery dropped for a fifth day after Saudi Arabian Oil Minister Ali al-Naimi signaled OPEC may increase supply to meet growing demand in China and India.Worldwide oil demand may increase as much as 1.8 million barrels a day, or 2 percent, in 2011, al-Naimi said in a speech in Riyadh today, adding that he is optimistic about global energy markets. Prices gained earlier on forecasts that U.S. economic growth accelerated in the fourth quarter.

source; bloomberg january 24.

STRENGTHENING IN US DOLLAR HAS CAUSED THE DECLINE IN COMMODITIES//US FED MEETS THIS WEEK FOR 2 DAYS TO DISCUSS THE STATE OF ECONOMY//

MCX FEB CRUDE TRADING SIDEWAYS WITH MILD NEGATIVE BIAS SUPP AT 4075-4070 RES 4124//

Copper looks postiive above 440 and could test 443 - 445 levels. Sup seen at 438. Buy on dips. Crude looks positive unless it breaks and hold below 4070

TECHNICALS FOR JAN 24

MCX FEB CRUDE OIL

SUPP: 4080/4065/4048

RES; 4130/4148/4164

update at 8.40am: all comm holding at same leels/ copper up about 0.80%/crude 25 cents up/ nat gas up ard 1%/ bullions marginally higher/

GM,JAN 24,7.35AM: GOLD$134,SILVER$27.78(BULLIONS OPEN MARGINALLY POSITIVE)// CRUDE$89.40 OPENS HIGHER 0.25 CENTS LTP 4099 RES 4130 SUPP 4070/NAT GAS OPENS HIGHER OVER 1% LTP 217.10 RES 220 SUPP 213//BASE METALS OPEN SHARPLY HIGHER COPPER UP ARD 0.80% LTP437.85 RES 441 SUPP 434 CLD TEST RES//COMMEX REDUCES MARGINS FOR COPPER WHILE INCRESING MARGINS FOR BULLIONS//

MARKET ALERT ON JARIDAY 12.20 PM ISTU

MCX FEB Crude oil weak below Rs 4130

with Res at Rs 4150

and cld test support at 4115 / 4090

THESE ARE TRADING LEVELS .

MRKT ALERT 9.33 PM

Crude Oil Inventories Actual 2.6M Forecast -0.9M Previous -2.2M

TECHNICALS FOR JAN 20

MCX FEB CRUD EOIL

SUPP;4200/4185/4165

RES; 4238/4252/4265

GM,JAN20,7.35AM:CRUDE$90.69 TRADING MARGINALLY LOWER/NAT GAS$4.57 TRDAES POSITVE RES 208 SUPP 203/GOLD$1369 LTP 20396 SUPP 20320 RES 20450,SILVER$28.70 LTP44300 SUPP44100 RES 44650 HIGHLY VOLATILE/BASE METALS TRADES FLAT COPPER LTP441.35 SUPP 439 RES 445,NICKEL LTP1173.30 SUPP 1165 RES 1188/

MARKET ALERT ON JAN 19 WEDNESDAY 7.40 PM IST

MCX Feb Crude now has intra day Res at Rs 4252

Support seen at Rs 4205 .

CMP Rs 4236

Has a negative bias .

MRKT ALERT 12.11 PM

Expected Crudeoil Inventories Forecast -0.9M Previous -2.2M. (Actual to be released Tomorrow 9.30 PM)

MARKET ALERT ON JAN 19 WEDNESDAY 11.50 AM IS5T

MCX Feb Crude now has support at Rs 4175

Res is seen at Rs 4250 .

CMP Rs 4220 .

UPDATES FOR JAN 19 2011

JAN 19 WEDNESDAY

TRADIN GLEVELS FOR MORNING SESSION

S1 RS 4126 , S2 RS 4098 , S3 RS 4075

R1 RS 4185 , R2 RS 4220 , R3 RS 4250

WAIT FOR CONFIRMATION .

UPDATES: NICKEL WEEKLY SUPP 1170 RES 1224/ZINCM, LEADM SIDEWAYS/ US DOLLAR INDEX WEAK AT 78.74/LME COPPER ARD$9680, CHINA MKTS START LUNAR HOLIDAYS FROM FEB 2, MKTS WAITING TO GET NEWS OF EITHER STOCKING BY CHINA BEFORE VACATIONS OR FIND PRICES TO COOL DOWN DURING VACATIONS FOR FRESH PURCHASES//

GM JAN 19,8AM: CRUDE$91.52 TRADES FLAT LTP 4165 RES 4175-95 SUPP 4110 OVERALL POSITIVE BREAKOUT IS AT $92.70/NAT GAS LTP 201.70 SUPP 198 RES 208//GOLD$1373 LTP 20334 SUPP 20260 RES 20420 EXP OPEN MILD UP ARD 30RS/SILVER$29.11 LTP 44397 EXP OPEN POSITIVE UP ARD 200-250RS RES 44650 SUPP 44100// BASE METALS TRADING MILD POSITIVE COPPER UP0.20% LTP 446.40 SUPP 443 RES 448 EXP OPEN ARD 447, WEEKLY CHARTS POSITVE SUPP 442 RES 448-451/

MCX JAN CRUDE OIL: HIGH RISK TRADERS CLD BUY ARD 4155 TO 4160 SL 4138 TGT 4180-4195.

Crudeoil trading highly range bound between 4150 - 4170. A break and close above 4170 looks firm. Gas holding positive till 210 - 212 levels with sup at 204

TECHNICALS FOR JAN 18

MCX JAN CRUDE OIL

SUPP: 4125/4100/4086

RES; 4172/4185/4200

UPDATE AT 8.55 AM: COPPER REVERSES EARLIER LOSSES RECOVERS LOST GROUND, BACK AT SAME LEVELS ARD 443//SILVER$28.29//CRUDE$90.96/INR FLAT 45.53.

UPDATE AT 8.20AM; BULLIONS TRADING AT SAME LEVELS SILVER$28.24 GOLD$1362// CRUDE$90.86EXP OPEN NEAR SUPPORTS AT 4115-4120 DEPENDS ON INR DROP IN CRUDE AS ALASKAN PIPELINE OPENS/ NAT GAS EXP OPEN HIGHER ARD 207.50-208//COPPER TRADING SHARPLY LOWER ARD 0.70% EXP OPEN ARD 440//DOLLAR INDEX 79.40/STRENGTHENING IN US DOLLAR PULLS DOWN COMMODIITIES AS EURO FEARS PERSIST//

GM,JAN 18,7.30AM: GOLD$1362 LTP 20292 TRADES FLAT SUPP 20235 RES 23360; SILVER$28.25 TRADES FLAT LTP 43710 RES 43980 SUPP 43300 MAJOR SUPP GOLD$1350 SILVER$28//CRUDE$90.92 TRADING LOWER0.60 CENTS LTP 4146 SUPP 4115 RES 4175 EXP OPEN MARGINALLY LOWER/NAT GAS $4.52 LTP 206.70 EXP OPEN POSITIVE RES 209 SUPP 203.50// BASE METALS OPEN LOWER COPPER DOWN ARD 0.40% LTP 443 SUPP 439 RES 446.50/NICKEL LTP 1175.60 SUPP 1167 RES 1185//ZINC AND LEAD TRADING MARGINALLY

MRKT ALERT 4.41 PM

MCX JAN CRUDEOIL TRADING SIDEWAYS/ MILD POSITIVE ABOVE 4150 WITH SUP AT 4135 AND COULD TEST RES 4172/ LEVELS FOR TRADERS.

US MKTS CLOSED TODAY NATIONAL HOLIDAY AS MARTIN LUTHER KING DAY//ONLY ELECTRONIC TRADING//

UPDATES FOR JAN 17 2011

JAN 17 MONDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 4209 , S 2RS 4190 , S3 SR 4164

R1 RS 4252 , R2 RS 4271 , R3 RS 4298

WAIT FOR CONFIRMATION .

technicals for jan 17

mcx feb crude oil

supp" 4210/4185/4160

res: 4248/4265/4290

GM JAN 17,7.50AM; GOLD$1365,SILVER$28.545 BULLIONS TRADING FLAT /CRUDE$91.50 NAT GAS$4.50 TRADING FLAT//BASE METALS OPEN MARGINALLY HIGHER COPPER UP ARD 0.20% LTP 446.40 RES 448 SUPP 443//

MRKT ALERT 1.00 PM

MCX JAN CRUDEOIL HIGH RISK TRADERS CAN BUY AT 4150-4155 SL BELOW 4108 TGT 4185/4200. (CARRY OVER)

UPDATES FOR JAN 14 2011

JAN 14 FRIDAY

TRAIDNG LEVELS FOR MORNING SESSION

S1 RS 4193 , S 2RS 4174 , S3 RS 4148

R1 RS 4236 , R2 RS 4255 , R3 RS 4282

WAIT FOR CONFIRMATION .

UPDATES FOR JAN 13 2011

KAN 13 THURSDAY

TRADING ;LEVELS FOR MORNING SESSION

S1 RS 4125 , S2 RS 4095 , S3 RS 4071

R1 RS 4165 , R2 RS 4185 , R3 RS 4215

WAIT FOR CONFIRMATION .

MRKT ALERT 9.13 PM

MCX JAN CRUDEOIL T1 ACH AT 4160, BUY GIVEN AT 4130.

MRKT ALERT 9.06 PM

Crude Oil Inventories Actual -2.2M Forecast 0.4M Previous -4.2M

MRKT ALERT 9.03 PM

MCX JAN CRUDEOIL T1 ALMOST ACH AT 4160, CURRENT HIGH 4158, BUYGIVEN AT 4130

MRKT ALERT 8.08 PM

MCX JAN CRUDEOIL APP OUR T1 AT 4160, BUY GIVEN AT 4130. HIGH RISK TRADERS HOLDING SELLS CMP 4152 CAN BOOK FURTHER PROFITS.

MRKT ALERT 7.32 PM

MCX JAN CRUDEOIL HIGH RISK TRADERS HOLDING LONGS CAN BOOK PART PROFITS UPTO 4144, BUY GIVEN AT 4130.

MRKT ALERT 6.21 PM

CRUDEOIL INVENTORIES EXPECTED 9.00 PM/ EXPECT VOLATILITY TILL DATA COMES OUT RES NOW 4150 AND SUP 4090// TRADERS HOLDING BUYS PREFER CLOSE TO COST AND REENTER CLOSER TO SUP.

MRKT ALERT 5.34 PM

MCX JAN CRUDEOIL TRADING AT SUP 4120-4115 LOW RISK TRADERS ADVISED TO EXIT LONGS ONCE AND WAIT FOR FRESH ENTRIES AFTER TONIGHT INVENTORIES.

MRKT ALERT 2.20 PM

MCX JAN CRUDEOIL BUY ABOVE 4130 SL 4112 TGT 4165. (LOW RISK TRADERS OPERATE THESE LEVELS)

MRKT ALERT 1.32 PM

MCX JAN CRUDOEIL POSITIVE ABOVE 4130 WITH SUP AT 4092 AND COULD TEST 4160/4180. LEVELS FOR HIGH RISK TRADERS.

UPDATE AT 9AM: COPPER TRADING HIGHER ARD0.50% EXP MCX OPEN ARD 437.50 SILVER ARD 45050/CRUDE FLAT/NAT GAS MARGINALLY UP ARD 204/ GOLD ARD 20475/

TECHNICALS FOR JAN 12

MCX JAN CRUD EOIL

SUPP: 4085./4060/4035

RES: 4130/4155/4178

,JAN 12,7.30AM:GOLD$1385/SILVER429.72, BULLIONS TRADING POSITIVE EXP GOLD MCX 20475,SILVER ARD 45050/CRUDE$91.13 LTP4112 POSITIVE RES 4130-4140 SUPP 4085,NA5T GASLTP 201.90 RES 204 SUPP 198/BASE METALS TRADING POSITIVE COPPER LTP435.60 RES 437.50 SUPP 434 TRADING HIGHER ARD 0.40% MCX ARD 437//OIL ROSE SHARPLY AFTER ALASKAN PIPELINE DERAILMENT SLOWED SUPPLIES AND COPPER ROSE AFTER TALKS OF EASING OF THE EURO CRISIS/

MCX JAN CRUDEOIL POSITIVE ABV 4075 WITH SUPP AT 4050 AND CLD TEST 4103-4115/TRDAERS CLD OPERATE AS PER LEVELS GIVEN.

MRKT ALERT 7.37 PM

9.00 PM Expected Crudeoil Inventories Forecast 0.4M Previous -4.2M (Actual To Be Released Tomorrow 9.00 PM.)

MRKT ALERT 7.15 PM

MCX JAN CRUDEOIL AS FORECAST HIT HIGH 4076
NEXT RES SEEN AT 4085 AND SUP NOW 4050.

MRKT ALERT 5.32 PM

MCX JAN CRUDEOIL MILD POSITIVE ABOVE 4050 WITH
SUP AT 4036 AND COULD TEST RES AT 4068-4072//
MORE BULLISHNESS ABOVE 4085.

TECHNICALS FOR JAN 11

MCX JAN CRUD EOIL;
SUPP: 4038/4020/4005

RES; 4072/4085/4098

UPDATE AT 8.15AM; COMMODITIES TRADING AT SAME LEVELS, COPPER HIGHER ARD 0.40%, SILVER UP $29.15//US DOLLAR INDEX AT 80.80/MKTS TRADED LOWER YESTERDAY ON CONCERNS OF PORTUGAL DEBT CRISIS/

GM JAN 11,7.30AM: CRUDE$89.33 TRADES FLAT LTP4049 RES 4085 SUPP 4015/NAT GASTRADING NEAR SUPPORT LTP 199.20 SUPP 197.50 RES 203 OPENS FLAT/GOLD$1375,SILVER$29.10 LTP20414/44400, EXP GOLD TRADE SIDEWAYS AND SILVER MILD POSITIVE//BASE METALS OPEN MARGINALLY HIGHER COPPER LTP 430.70 SUPP 428 RES 434,NICKEL LTP 1093.50 SUPP 1085 RES 1106/LEAD AND ZINC CLOSE WITH NEGATIVE BIAS, OPENS MARGINALLY HIGHER/

MRKT ALERT 5.57 PM

MCX JAN CRUDE HIGH RISK TRADERS HOLDING SELLS EXIT AROUND 4050 AS UNABLE TO BREAK SUP 4035.

MRKT ALERT 4.43 PM

MCX JAN CRUDEOIL TRADERS CAN BOOK PART PROFITS UPTO 4038, SELL GIVEN AT 4050 AS LEVELS FOR HIGH RISK TRADERS.

MCX JAN CRUDE OIL WEAK BELOW 4050 WITH RES AT 4070 AND CLD TEST 4030-4020-4010/LEVELS FOR HIGH RISK TRADERS FOR SELLS.

UPDATES FOR JAN 10 2011

JAN 10 MONDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 4077 , S 2 RS 4058 , S3 RS 4032

R1 RS 4120 , R2 RS 4139 , R3 RS 4166

WAIT FOR CONFIRMATION .

UPDATE AT 8.30AM; GOLD$1373/SILVER$28.98 EXP POSITIVE OPEN AS INDICATED PREVIOUS UPDATE/CRUDE$89.30 EXP OPEN SHARP POSITIVE /NAT GAS MARGINALLY LOWER/ COPPER FLAT TOMARGINALLY UP/DATAS TODAY:1.15PM FRENCH INDUSTRIAL PRODUCTION/

GM,JAN 10,7.25AM: GOLD$1373,SILVER$28.94,BULLIONS OPEN HIGHER GOLD MCX EXP OPEN ARD 20410 SILVER 44500 AS PER CURRENT LEVELS/CRUDE$89.42 OPENS SHARPLY HIGHER ARD 1.5% MCX ARD 4070 ON ALSAKAN PIPELINE SHUTDOWN ISSUES IN US /NAT GAS TRADES FLAT //BASE METALS OPEN FLAT TO MARGINALLY HIGHER , COPPER OPEN HIGHER ARD0.20% LTP 432.10 SUPP 430 RES 435//

METALS; COPPER LTP432.20 WEEKLY RES 437.50 REMAINS WEAK BELOW 435 WITH SUPP STRONG AT 430-428// NICKEL LTP 1099 RES 1018 WEEKLY SUPPORT BELOW 1100 AT 1090-1088// LEAD AND ALUMINIUM REMAINS POSITIVE //ZINC SIDEWAYS POSITIVE ONLY ABV 112.50 CLOSING BASIS//STEEL POSITIONALLY BULLISH AS PER OUR BUY CALL LEVELS, CLD TOUCH NEW HIGHS BY APRIL/MAY//

crude mcx close 4002 hit low 3977 remains mild weak below 4000 to test supports 3980-3950 res now at 4040//nat gas ltp 200 supp 198 res 203-206, overall strategy buy on dips suggested//

MRKT ALERT 7.22 PM

MCX JAN CRUDEOIL TRADING SIDEWAYS WITH NEGATIVE BIAS, RES AT 4065 AND COULD TEST SUPPORTS 4025-4015/ LEVELS ONLY...!

MCX JAN CRUDE OIL HAS IMM SUPPORT AT 4015-4010 AND RES 4061//SILVER HAS STRONG SUPP AT 44000 AND RES 44500//

TECHNICALS FOR JAN 7

MCX JAN CRUD EOIL

SUPP: 4010/3985/3960

RES: 4040/4058/4074

GM: MKTS YESTERDAY VERY CHOPPY WITH NEGATIVE BIAS AS DOLLAR STRENTHENS/ CRUDE$89.01 OPENS HIGHER 0.60 CENTSMCX ARD 4030-4035 LTP4028 SUPP 4010 RES 4070/NAT GAS CLOSES LOWER LTP 202 SUPP 198 RES 206 OPENS MARGINALLY LOWER//GOLD$1370LTP 20430 SUPP 20360 RES 20520 OPENS FLAT/SILVER$29 LTP44670 RES 44950 SUPP 44350 TRADES FLAT/BASE METALS OPEN FLAT TO MARGINALLY HIGHER COPPER LTP 435.90 SUPP 432.50 RES 440/NICKEL LTP 1119 RES 1132 SUPP 1110/

MRKT ALERT 5.01 PM

MCX JAN CRUDE EXIT LONGS AT 4085.

MRKT ALERT

Buy Crudeoil Jan between 4105 - 4110 SL below 4085 T1 4130 T2 4150. Medium Risk.

TECHNICALS FOR JAN 6

MCX JAN CRUD EOIL

SUPP; 4100/4080/4060

RES; 4154/4177/4190

GM,JAN 6,7.50AM: CRUDE$90.40 LTP 4124 RES 4154 SUPP 4080/NAT GAS LTP 205 RES 208-211 SUPP 203 TRADES FLAT//GOLD$1375 LTP 20450 LEVELS SAME AS PER CALL YESTERDAY SUPP 2060 RES 20520/SILVER$29.36 LTP 44856 RES 45200 SUPP 44500 TRADES MILD POSITIVE ARD 45000//BASE METALS TRADE MILD POSITIVE AT OPEN, LME COPPER$9650, LTP 443.80 RES 445-446 SUPP 440/NICK LTP 1135 RES 1143 SUPP 1120/LEAD AND ZINC LOOK POSITIVE/

MRKT ALERT 11.04 PM

MCX JAN CRUDEOIL HIGH RISK TRADERS HOLDING LONGS CAN BOOK FULL PROFITS OUR TGT IS 4110/4120 BOTH TGTS ACH. CURRENT HIGH 4124.

MRKT ALERT 10.06 PM

MCX JAN CRUEOIL LOOKS FURTHER POSITIVE WITH SUP SEEN 4050 AND COULD TEST 4110/4120. (HIGH RISK TRADERS COULD HOLD LONGS AS PER THESE LEVELS.

MRKT ALERT 9.57 PM

MCX JAN CRUDEOIL T3 ACH AT 4075, BUY GIVEN AT 4015-4020.

MRKT ALERT 9.03 PM

Crude Oil Inventories Act -4.2M Fore -1.4M Prev -1.3M

MRKT ALERT 8.42 PM

MCX JAN CRUDEOIL T2 ACH AT 4060, BUY GIVEN AT 4015-4020

MRKT ALERT 8.36 PM

Expected Crudeoil Inventories Forecast -1.4M Previ -1.3M (actual to be released 9.00 PM)

MRKT ALERT 6.59 PM

MCX JAN CRUDE T2 ALMOST ACH AT 4060, HIGH 4058/ HIGH RISK TRADERS HOLD FOR T3 4075 AND TRAIL SL TO COST

MRKT ALERT 6.50 PM

MCX JAN CRUDE T1 ACH AT 4040. HIGH 4054 BOOK MAXIMUM PROFITS TRAIL SL TO COST BUY GIVEN AN 4015-4020

MRKT ALERT 6.27 PM

MCX JAN CRUDEOIL LOW RISK TRADERS CAN BOOK PART PROFITS UPTO 4029, BUY GIVEN AT 4015-4020.

MRKT ALERT 6.18 PM

Buy Crudeoil Jan between 4015 - 4020 SL below 3996 T1 4040 T2 4060.

Crudeoil looks weak below 4040 and could take sup around 4020 - 4010 levels. Gas overall looks positive could face strong res around 210 - 211 levels.

UPDATES FOR JAN 5 2011

JAN 5 WEDNESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 420 , S2 RS 3980 , S3 RS 3950

R1 RS 4085 , R2 RS 4125 , R3 RS 4160

WAIT FOR CONFIRMATION .

INR OPENS SHARPLY WEAKER BY 25 PAISE/ CRUDE$89.30/ COPPER DOWN ARD 0.20% EXP OPEN FLAT/

GM,JAN5,7.45AM: CRUDE$89 TRADING MILDLY LOWER LTP 4041 SUPP 4015 RES 4075 SHARP CORRECTION ON PROFIT TAKING AND STRENGTHENING IN USD/ NAT GAS TRADING LOWERLTP 210.60 RES 213 SUPP 208.80 CLD TEST SUPP/BULLIONS SHARPLY CORRECTED GOLD$1381, SILVER$29.61 LTP 20435/45049 EXP FLAT OPEN// BASE METALS OPEN LOWER COPPER DOWN 0.40% LTP439.20 RES 443 SUPP 436-435/NICKEL LTP 1135 RES 1143 SUPP 1125//

MRKT ALERT 4.32 PM

MCX JAN CRUDOEIL MORE POSITIVE ABOVE 4154 WITH SUP AT 4125 AND COULD TEST 4165/4175.

MRKT ALERT 4.20 PM

MCX JAN CRUDEOIL HIGH 4148/ GIVEN AS LEVELS POSITIVE ABOVE 4125/ TRADERS HOLDING BUY POSITIONS BOOK PART PROFITS.

MCX JAN CRUDE POSITIVE ABV 4125 WITH SUPPORTS AT 4100 AND CLD TEST 4140-4160/ LEVELS FOR TRADERS.

TECHNICALS FOR JAN 4

MCX JAN CRUDE

SUpp; 4115/4090/4065

RES: 4151/4165/4180

UPDATE AT 9 AM: ALL COMM TRADING MILDLY LOWER/ COPPER FLAT DOWN 0.15%/ BULLIONS AT SAME OPEN LEVELS / CRUDE $91.48/INR OPEN FLAT/

GM, JAN 4,7.50AM: CRUDE$91.40 TRADING MARGINALLY LOWER LTP 4134 SUPP 4155 RES 4152/ NAT GAS TRADING AT SAME LEVELS LTP 208.50 SUPP 205 RES 210.50// GOLD$1415 TRADING FLAT, SILVER 30.66 EXP OPEN LOWER SUPP 45900 RES 46800// BASE METALS OPEN LOWER COPPER TRADES DOWN 0.40% LTP 441.60 SUP 439 RES 445/ NICKEL LTP 1135 RES 1143 SUPP 1130-1128 OVERALL NICKEL POSITIVE MORE ABV 1143/

MRKT ALERT 8.42 PM

AS ALERTED EARLIER MCX JAN CRUDE HOLDING ABOVE 4135 AS IMM SUP 4115 AND COULD TEST RES 4155/4170. (LEVELS FOR TRADERS).

MRKT ALERT 7.11 PM

BOOKING PROFITS AT EVERY STAGE AS GIVEN/ COULD EXPECT SHARP SWINGS AS ALL COMMODITTIES TRADING AT LIFE HIGHS/ COPPER SUP BELOW 440 AT 437 RES 443-446 SILVER RES 46900 SUP 46300-46100/ NICKEL RES 1142 SUP 1130-1126/ CRUDE RES 4145 SUP 4110.

MARKET ALERT ON JAN 3 MONDAY 12.15 PM IST

MCX Jan nCrude oil has strong Res at Rs 4135 to 4140

A break above this could test 4160 to 4170

Support at Rs 4085 .

UPDATES FOR JAN 3 2011

JAN 3 MONDAY

TARDING LEVELS FOR MORNING SESSION

S1 RS 4066 , S 2R S4047 , S3 RS 4021

R1 RS 4109 , R2 RS 4128 , R3 RS 4155

WAIT FOR CONFIRMATION .

UPDATE AT 8.20AM: CRUDE$91.59 MCX ARD 4095-4100/NAT GAS UPARD 2.50%//BULLIONSM MARGINALLY LOWER MCX DEPENDS ON INR OPEN// COPPER MARGINALLY HIGHER ARD 0.20% MCX ARD 440// CHINA CLOSED TODAY/

GM,JAN 3 ,7.15AM:LME CLOSED TODAY FOR NEW YEAR; EARTHQUAKE STRIKES CHILE YESTERDAY, NO BIG IMPACT SEEN YET IN COPPER PRODUCING AREAS// CRUDE$91.31 LTP 4087 RES 4100-4120 SUPP 4060 OPENS FLAT/NAT GAS OPENS SHARPLY HIGHER ARD 2% LTP 198.70 CLD OPEN AT RES 202-203 SUPP 195/ BULLIONS OPEN MARGINALLY LOWER GOLD$1416,SILVER$30.79 LTP 46264 RES 46500 SUPP 45900//COPPER OPENS FLAT TO MARGINALLY HIGHER LTP439.55 RES 441 SUPP 436 CLD TEST LIFE HIGHS AT OPEN//

UPDATE AT 8.45AM: SILVER EXP TO OPEN AT LIFE HIGHS LTP 46217 RES 46350-46400 SUPP 45700/GOLD EXP TO OPEN HIGHER RES AT 20800/NICKEL SUPP 1110 CLD TEST RES 1128/COPPER RES 441 SUPP 436/LEAD MINI JAN RES 117 SUPP 113, POSITIVE ABV 115/CRUDE RES AT 4100-4110 SUPP 4070//ALL COMM HOLDING IN DOLLAR TERMS BUT SHARP APPRECIATION IN INR HELD DOWN MCX LEVELS/SO... WATCH OUT INR IMPACT!!

GM JAN 1,2011: TEAM AKSHAYA WISHES ALL ITS MEMBERS, TRADERS, PARTICIPANTS A VERY HAPPY AND PROSPEROUS NEW YEAR!!!ALL COMM CLOSE STRONG: INTL GOLD$1420, SILVER$30.86 BULLIONS IN DOLLAR TERMS VERY STRONG, STRENGTHENING OF INR HOLDING BACK MCX LEVELS/CRUDE RALLIED STRONGLY FROM LOWS , MORE UPSIDE SEEN ABV $92(WATCH OUT FOR INR), NAT GAS CLOSES POSITIVE 197.80/BASE METALS CLOSE AT HIGHS, CLD SEE MORE UPSIDE ESP NICKEL/