UPDATES FOR MAY 31 2011

MAY 31 TUESDAY



TRADING LEVELS FOR MORNING SESSION


S1 RS 4500 , S 2RS 4460 , S3 RS 44390


R1 RS 4555 , R2 RS 4590 , R3 RS 4620


WAIT FOR CONFIRMATION .

UPDATE AT 8.30AM; GOLD$1536 FLAT/SILVER$38.20 FLAT/CRUDE$101.30POSITVE/NAT GAS OPENS POSITIVE/COPPER TRADES MARGINALLY DOWN ARD 0.30%/

GM MAY 31,7.25AM; GOLD$1539 TRADES POSITVE,HOLD LONGS/SILVER$38.27 LTP57707 OPENS MARGINALLY POSITVE/CRUDE$101.10 OPENS POSITVE,NAT GAS OPENS POSITVE MCX RES ARD 210/COPPER LTP 415.75 STRONG SUPP 411.50 RES 417-419 TRADES MILD NEGATIVE/NICKEL LTP 1030 RES 1041 SUPP 1024-1020/NCIKEL LEAD ALU ZINC CONTRACT EXPIRY TODAY /

TRADING CALL FOR MAY 30 MONDAY 11.45 AM IST


Sell Crudeoil Jun below 4525


SL above 4550


T1 4500


T2 4480.


Medium Risk.

UPDATES FOR MAY 30 2011

MAY 30 MONDAY


TRADING LEVELS FOR MORNING SESSION


S1 RS 4518 , S2 RS 4469 , S3 RS 4427


R1 RS 4582 , R2 RS 4624 , R3 RS 4682


WAIT FOR CONFIRMATION .

GM MAY30,7.55 AM;CRUDE$100.44OPENS FLAT/NAT GAS MILD POSITIVE RES 207 SUPP 198/GOLD$1535 LTP22520 HOLD CARRYOVER BUYS GIVEN FRIDAY/SILVER$38.10 LTP57555 TRDAES FLAT//COPPER OPEN SLOWER 0.50% LTP 417.70 MCX ARD 416 SUPP 414.40 RES 422/NICKEL LTP 1045 SUPP 1030 RES 1064//

GM MAY 27,7.30AM:GOLD$1524 LTP 22377 OPENS POSITVE MCX ARD 22430-440/SILVER$37.79LTP 56554 OPENS POSITVE MCX ARD 57200-400//CRUDE$100.61OPENS MILD POSITVE//BASE METALS OPEN FLAT COPPER LTP412.95 SUPP 409 RES 415/NICKEL LTP1040.60 PIVOT AT 1040 RES 1050 BELOW 1040 NEXT SUPP 1030 NO CLEAR DIRECTION YET IN BASE METALS TRADE IN NARROW RANGE TRADE LESS//

MRKT ALERT 6.31 PM

MCX JUN CRUDEOIL POSITIVE ABOVE 4590 WITH SUP AT 4560 AND COULD TGT 4635. LEVELS ONLY...!!!

GM MAY26,7.10AM: GOLD$1528 OPEN SPOSITVEMCX ARD 22530/SILVER$38.18 POSITIVE MCX ARD 57800-850(LTP57352)//CRUDE POSITVE $101.80 MCX POSITVE SUPP 3560 RES 4645-4680,NEXT MAJOR RES 4720/BASE METALS OPEN MARGINALLY POSITIVE COPPER LTP 412.90 RES 415 SUPP 409,NICKEL LTP 1059 RES 1064-1070 SUPP 1050/LEAD ZINC ALU HOLDING/

MRKT ALERT 9.06 PM

MCX JUN CRUDEOIL TESTED OUR LEVELS 4545-4565, AS GIVEN AS LEVELS POSITIVE...!!!

MRKT ALERT 8.13 PM

MCX JUN CRUDEOIL HOLDING POSITIVE SUP NOW AT 4495 AND COULD TEST RES 4545-4565. LEVELS ONLY...!!!

MRKT ALERT 8.03 PM

8:00pm Crude Oil Inventories Actual 0.6M Forecast -1.6M Previous 0.0M

MRKT ALERT 6.38 PM

Crudeoil inventories Forecast -1.6M previous 0.0M (Actual to be released at 8.00 PM)

MCX CRUD EOIL JUNE IS POSITVE ABV 4500 WITH SUPP AT 4475 AND CLD TEST RES 4535-4545//LEVELS//

GM MAY25,7.40AM: CRUDE$98.80,GOLD$1523LTP 22382 WEEKLY SUPP 22230 RES 22460 SILVER$36.34 LTP 55051 RES$37 SUPP 35.60$ OPENS FLAT/COPPER OPEN HOGHER ARD 0.50%LTP 403 RES 405.50 SUPP 399 MCX CMP ARD 405//NICKEL LTP 1034 RES 1038 SUPP 1025/ALU POSITIVE LEAD AND ZINC HOLDING/US DOLLAR INDEX HOLDS ABV 76 AT 76.15//

MRKT ALERT 7.57 PM

MCX JUN CRUDEOIL OUR T1 ACH AT 4525, BUY GIVEN ABOVE 4502...!!!

MRKT ALERT 6.38 PM

MCX JUN CRUDEOIL OUR T1 ALMOST ACH AT 4525, BUY GIVEN ABOVE 4502, CURRENT HIGH 4522 TRADERS CAN BOOK FURTHER PROFITS...!!!

MRKT ALERT 6.34 PM

MCX JUN CRUDEOIL TRADERS HOLDING LONGS ABOVE 4502 CAN BOOK PART PROFITS UPTO 4515...!!!

MRKT ALERT 5.52 PM

MCX CRUDEOIL JUN POSITIVE ABOVE 4502 WITH SUP AT 4470 AND COULD TEST RES 4525-4540/ LEVELS FOR TRADERS...!!!

UPDATES FOR MAY 24 2011

MAY 24 TUESDAY


TRADING LEVELS FOR MORNING SESSION


S1 RS 4400 , S2 RS 4360 , S3 RS 4330


R1 RS 4465 , R2 RS 4490 , R3 RS 4525


WAIT FOR CONFIRMATION .

GM MAY23,8AM:GOLD$1511 SILVER$35 TRDE FLAT/CRUDE OPENS LOWER$98.92 DOWN 1%/BASE OPENS SHARPLY LOWER COPPER DOWN OVER1.3% MCX ARD 407//

MARKET ALERT ON MAY 20 FRIDAY 8.50 AM IST


METALS UPDATE :


LME Copper facing strong Res at $ 9000 and


unable to sustain above this levels .


CMP Rs 8960 /


MCX Terms Wednesdays rally upside looks more a


short covering rally , currently trading in a tight


range 398 to 412 , next upside on close above 415


for more momentum . /

gm may20,8.20am:WEAK ECONOMIC DATS FROM US LAST EVENING PUSHED MKTS DOWN YESTERDAY/GOLD$1495 SILVER$35.13 TRADES FLAT NO CLEAR DIRECTION THIS FULL WEEK/CRUDE$99 OPEN MARGINALLY POSITIVE/BASE METALS OPEN MILD POSITIVE COPPER LTP405.15 RES 407-409 SUPP 402 MCX ARD 405.50 AT PRESENT/NICKEL LTP 1068 SUPP 1055 RES 1090 CLOSED WEAK/LEAD HOLDING POSITIVE ZINC WEAK//

MCX JUNE CRUDE OIL WEAK BELOW 4505 WITH RES ABV 4530 AND CLD TEST 4475-4455//LEVELS//

UPDATES FOR MAY 19 2011

MAY 19 THURSDAY

TRADING LEVELS FOR MORNING SESSION


S1 RS 4520 , S2 RS 4480 , S3 RS 4430


R1 RS 4610 , R2 RS 4650 , R3 RS 4690

WAIT FOR CONFIRMATION .

UPDATE AT 8.30AM: GOLD$1499 EXP OPEN ABV 22000 DEPENDS ON INR OPEN/SILVER$35.65 EXP OPEN ARD 54000-54150/CRUDE$100.38 TRADES FLAT /COPPER OPENS MARGINALLY HIGHER EXP TO TEST RES AT 414-415//

GM MAY 19.7.20AM; GOLD$1499 MCX LTP 21985 MORE POSITVE IF SUSTAINS ABV 22000 WITH SUPP 21900 AND RES 22080-22130 EXP OPEN MILD POSITVE/SILVER$35.57 TRADES ABV PIVOT 35.40 OPENS POSITIVE MCX ABV 54000, NEXT RES 36.40 MCX ARD 54500-54800//CRUDE$100.25 LTP 4538 SUPP 4480 RES 4580 TRADES FLAT/COPPER LTP 413.50 RES AT 415 SUPP 409 OPENS FLAT/ NICKEL LTP 1117 RES 1120-1128 SUPP 1105 POSITIONALLY POSITVE CLOSE ABV 1128-1130//

MRKT ALERT 9.13 PM

MCX JUN CRUDEOIL TRADES CAN BOOK FULL PROFITS UPTO 4542, BUY GIVEN ABOVE 4500...!!!

MRKT ALERT 8.24 PM

MCX JUN CRUDEOIL POSITIVE ABOVE 4500 WITH SUP AT 4775 AND COULD TEST 4545-4560/ LEVELS FOR TRADERS/ BUY ON DIPS RECOMMENDED...!!!

MRKT ALERT 8.04 PM

8.00 PM USD CRUDEOIL INVENTORIES ACTUAL 0.0M FORECAST 1.9M PREVIOUS 3.8M...!!!

GM MAY 18,8.30AM:GOLD$1491TRADES FLAT TO MILD POSITIVE, SILVER$34.21 OPENS POSITVE MCX ARD 52000/CRUDE$97.78 TRADES POSITVE/BASE METALS OPEN HIGHER COPPER UP ARD 0.60%MCX ARD 403.50-404//

MCX CRUDE OIL MAY UPDATE; RES NOW AT 4400 AND CLD TEST SUPPORT 4315//LEVELS ONLY//

UPDATE AT 4.10PM:GOLD$1495 SILVER$34.20 EXP POSITIVE OPEN/CRUDE$97.74 TRADES MILD POSITVE//BASE METALS TRADE HIGHER COPPER UP ARD 0.80% MCX ARD 402.50-403//

bullions rallying higher gold$1496/silver$34.32 trades positive after europe open//

UPDATE AT 2.30PM:GOLD$1492 SILVER$33.99 TRADES FLAT/CRUDE$97 TRADES MARGINALLY LOWER/BASE METALS TRADE POSITIVE COPPER UP ARD 0.50%//

GM MAY17.9 AM: GOLD$1495 LTP21971, SILVER$33.94 LTP 52589TRADES AT LOWS/CRUDE$97.09 LTP 4421 SUPP 4380 RES 4452 TRADES LOWER/BASE METALS OPEN LOWER COPPER LTP 400.65SUPP 397 RES 404 /NICKEL LTP 1105/LEADM LTP 103.20/ALUM LTP115.25/

TRADING CALL FOR AMY 16 MONDAY 11.10 AM IST



Buy Crudeoil May above 4435


SL below 4419


T1 4460


T2 4480.

GM MAY16,8AM: GOLD41491 OPEN MARGINALLY LOWER MCX DOWN ARD RS 30/SILVER$35.21 TRADES FLAT TO SMALL DOWN/CRUDE$98.94 OPENS LOWER ARD RS 25//BASE METALS TRADE FLAT//WATCH OUT INR OPEN TO TRACK MCX OPEN RATES,AFTER PETROL PRICE INCREASE CLD IMPACT STOCK MKTS//

MRKT ALERT 8.20 PM

MCX MAY CRUDEOIL PIVOT NOW AT 4335-4340 WITH SUP AT 4312 AND COULD TEST RES AT 4385-4400. LEVELS ONLY...!!!

MRKT ALERT 8.03 PM

8:00pm Crude Oil Inventories Actual 3.8M Forecast 1.1M Previous 3.4M

UPDATES FOR MAY 11 2011

MAY 11 WEDNESDAY


TRADING LEVELS FOR MORNING SESSION


S1 RS 4580 , S 2R S4540 , S3 RS 4498


R1 RS 4640 , R2 RS 4690 , R3 RS 4730


WAIT FOR CONFIRMATION .

GM MAY 11,8AM: POSITIVE US AND CHINA DATA YESTERDAY PULLED BACK COMMODITIES FROM LOWS/CHINA INFLATION RELEASED TODAY UP AT 5.3%//CRUDE$104 LTP 4610 TRADES POSITIVE/GOLD$1522 MCX UP ARD 60RS LTP 22156;SILVER $38.93 ltp 58660 mcx up ard rs 300-400rs/base metals trad flat//copper ltp 403.50 res 408 supp 400/nickel weekly res 1128 supp 1100//

MRKT ALERT 8.55 PM

USD Crude Oil Inventories Forecast 1.1M Previous 3.4M(Actual to be released tomorrow 08:00pm)

UPDATES FOR MAY 10 2011

MAY 10 TUESDAY


TRADING LEVELS FOR MORNING SESSION


S1 RS 4520 , S2 RS 4480 , S3 RS 4440


R1 RS 4580 , R2 RS 4630 , R3 RS 4670


WAIT FOR CONFIRMATION ,

GM MAY10.7.55AM:GOLD41510 SILVER$37.65 BULLIONS REBOUND AFTER GREECE IS DOWNGRADED BY S AND P TRADES FLAT EARLT TRADES/CRUDE$100.89 NAT GAS MARGINALLY UP//BASE METALS TRADE FLAT COPPER LTP 402 RES 408 SUPP 397//BASE METALS HOLDING AFTER EARLY DECLINES AFTER MARGINAL WEAKNESS ID US DOLLAR//

MRKT ALERT

Sell Crudeoil May below 4430 and at 4455 - 4460 SL above 4480 T1 4400 T2 4375. High Risk.

GM MAY 9,7.50AM: CRUDE498.25 OPENS HIGHER ARD 1%/GOLD$1497 SILVER $35.97 OPENS POSITIVE/COPPER OPENS UP ARD 1.4% LTP 399 MCX EXP OPEN ARD 405 AS PER CURRENT LEVELS/

GM MAY6,7.10AM:COMMODITIES SINK AS US DOLLAR RALLIES SHARPLY AFTER ECB KEEPS INTEREST RATES UNCHANGED AND CRUDE OIL CRASHES//GOLD RECOVERS IN EARLY TRADES AT $1487 YESTERDAYS LOW 1462,EXP POSITIVE OPEN/SILVER$35.27 LOW 34.23 LTP 56454//CRUDE$100.80 LTP 4577//BASE METALS SINK YESTERDAY COPPER LTP 402 SUPP 397 RES 406/NICKEL LTP 1113 SUPP 1100 RES 1125/ALU118.35 LTP/ZINC AND LEAD WEAK///MKTS WAIT JOBLESS CLAIMS REPORTS TONITE, RECOVERY POSSIBLE LATER//

mcx may crude oil low 4782/pls refer morning msg at 11.13 am: weak below 4850 res 4880 cld test support 4780 high 4879 low 4782!!!!!!!this was msg given to members this morning/

GM MAY5,8AM: GOLD$1517 JUNE GOLDMINI SUPP AT 21980,SILVER$39 SUPPORT 58450-58500 TRADING NEAR YESTERDAYS LOWS/CRUDE$108.79 LTP 4875 SUPP 4850 RES 4930 WEEKLY STRONG SUPP$107/NAT GAS TRADES MARGINALLY WEAK ON EXP INVENTORY UP68BCF(PREVIOUS 31 BCF)/BASE METALS TRADE FLAT WITH BEARISH BIAS COPPER LTP 412.55 RES 414.60-416 SUPP 411-410/NICKEL LTP 1158 SUPP 1145 RES 1172/LEAD ZINC WEAK/ALU HOLDING/BASE METALS CORRECTED AFTER WEAK US DATAS /

MRKT ALERT 8.06 PM

Economic data: US Crude oil inventories data Survey 1.9Mbrls Prior 6.9Mbrls Actual 3.4Mbrls

MRKT ALERT 5.13 PM

MCX CRUDEOIL MAY CURRENT LOW 4913 ALL OUR TGTS ACH/ ENTRY MISSED BY 5 RS...!!!

UPDATES FOR MAY 4 2011

MAY 4 WEDNESDAY


TRADING LEVELS FOR MORNING SESSION



S1 RS 4940 , S2 RS 4916 , S3 RS 4880


R1 RS 5020 , R2 RS 5045 , R3 RS 5080



WAIT FOR CONFIRMATION .

GM MAY4,7.45AM;$110.45 DOWN 0.50% LTP 4975 TRTADES LOWER ON ACCOUNT ON HIGHER INVENTORY EXP TONITE SUPP 4960-4840 RES 5010/GOLD$1533 SILVER$41.18 CORRECTED DOWN SHARPLY LOWER LASTEVENING, MORNING OPEN FLAT TO WEAK/COPPER OPENS SHARPLY LOWER ARD 0.80% LTP 423.15 MCX CMP ARD 420 RES 424 SUPP 419/NICKEL LTP 1216 RES 1228 SUPP 1200/ZINC AND LEAD SIDEWAYS/ALU POSITVE///WEAK MANUFACTURING DATAS FROM CHINA AND US DRAGS DOWN METALS//

MRKT ALERT 7.44 PM

MCX MAY CRUDEOIL UPDATE : IMM SUP SEEN AT 4990 AND COULD TEST RES 5040-5065// LEVELS ONLY...!!!

MRKT ALERT 6.54 PM

Crude Oil Inventories Forecast 6.2M Previous 1.9M
(Actual to be released tomorrow 08:00pm)

UPDATES FOR MAY 3 2011

MAY 3 TUESDAY


TRADING LEVELS FOR MORNING SESSION


S1 RS 5018 , S2 RS 4975 , S3 RS 4940


R1 RS 5075 , R2 RS 5100 , R3 RS 5130


WAIT FOR CONFIRMATION .

GM,MAY3 ,8AM: CRUDE$113.15 LTP 5055 RES 5100 SUPP 5010-4990/NAT LTP 208 RES 212-214 SUPP 205 MORE BULLISH POSITIVE CLOLSE AVC 214/GOLD$1542 YESTERDAYS HIGH 1575 EXP WEAK OPEN/SILVER$45.05 LTP 68575 TRADES WITH HUGE VOLATILITY OPENS POSITVE RES 70000-70500 SUPP 67500//COPPER MARGINALLY POSITVE LTP 417 RES 420 SUPP 414,NICKEL 1193 RES 1200 SUPP 1178/ALU POSITVE ZINC/LEAD SIDEWAYS /

MRKT ALERT 6.18 PM

MCX MAY CRUDEOIL MAY MARGINALLY WEAK BELOW 5000 WITH RES ABOVE 5020 AND COULD TEST SUP AT 4975-4960. LEVELS...!!!

TECHNICALS FOR NYMEX TRADE FOR MAY 2 2011

MAY 2 MONDAY


TRADING LEVELS FOR EVENING SESSION


S1 RS 4954 , S2 RS 4935 , S3 RS 4911


R1 RS 4999 , R2 RS 5025 , R3 RS 5044


WAIT FOR CONFIRMATION .

MRKT ALERT 1.19 PM

MCX CRUDEOIL MAY LEVELS: SUP SEEN AT 4970 AND RES 5010-5024-5040/ EXPECT TRADE SIDEWAYS WITH MARGINALLY POSITIVE BIAS TO TEST RES// LEVELS ONLY...!!!

US CONFIRMS DEATH OF OSAMA BIN LADEN//BULLIONS NEXT MOVE NEED TO WAIT FOR CONFIRMATION OF NEXT CANDLE FORMATION IN CHARTS AFTER 3-4 HOURS//COPPER WEAK IF SUSTAINS BELOW 410//GOLD:SILVER RATIO GOING IN FOR CORRECTION//

UPDATE AT 8.35AM; BULLIONS TRADING AT SAME LOWS GOLD$1546 SILVER$43.81 EXP SILVER OPEN LOWER ARD 8 TO 9%/CRUDE$112.86 EXP LOWER OPEN ARD 1%/BASE METALS TRADE LOWER COPPER DOWN OVER 1% OUR RUNNING CALL COPPER HIGH RISK SELL ARD 414.80 SL ABV 417.30 TGTS 412-410 GIVEN FRIDAY NIGHT ,BOOK AT TGTS AT OPEN//

GM MAY 2,7.20AM:BULLIONS CARSH AT OPEN!!! GOLD41547 DOWN ARD 415 MCX ARD 200RS/SILVER OPENS DOWN 11% AT $42.58 CMP $44.70 MCX AS OF NOW TO OPEN LOWER FREEZE AS PER CURRENT LEVELS/ CRUDE$113.13 DONW ARD 0.70%/BASE METALS OPEN WEAK COPPER DOWN ARD 1% AFTER CHINA RELEASES WEAK MANUFACTURING DATA/LME CLOSED TODAY//