MARKET ALERT ON SEPT 30 FRIDAY 5.00 PM IST


MCX Oct Crude Oil Our Tgt Achieved at Rs 4012 ,


sell was advised below Rs 4050 .


Book full profits .

MARKET ALERT ON SEPT 30 FRIDAY 4.50 PM IST


MCX Oct Crude Oil CMP Rs 4017 ,


Sell was given below Rs 4050 ,


Our Tgt at Rs 4012 ,


Traders are advised to book max profits .

MARKET ALERT ON SEPT 30 FRIDAY 4.30 PM IST


MCX Oct Crude Oil Traders Holding sells as


per levels given below Rs 4050 can book


part profits at cmp Rs 4024

MARKET ALERT ON SEPT 30 FRIDAY 3.30 PM IST


MCX Crude Oil Oct Marginally weak below Rs 4050


with Res above Rs 4472 and cld test Support 4012 .


Levels for high risk Traders ,

M SEPT30:GOLD$1627 SUPP 25500 RES 26100..SILVER$30.80 SUPP 49500 RES 52850
BULLIONS TRADES SIDEWAYS WITH STRONG SUPP SEEN./CRUDE$82.55 SUPP 3980 RES 4150/
COPPER OPENS LOWER ARD 0.70% MCX ARD 353 SUPP 348 RES 358.50/

UPDATES FOR SEPT 29 2011

SEPT 29 THURSDAY


TRADING LEVELS FOR MORNING SESSION


MCX SEPT CRUDE


S1 RS 3990 , S2 RS 3940 , S3 RS 3900



R1 RS 4085 , R2 RS 4130 , R3 RS 4185


WAIT FOR CONFIRMATION .

GM SEPT29:GOLD$1608LTP 25680 SUPP 25500 RES 26900/SILVER$30.30 LTP50410 SUPP 49800 RES 51000 ..BULLIONS TRADE MILD WEAKNEAR STRONG SUPP/CRUDE$80.85 OPENS MILD LOWER SUPP 3990-4000 RES 4090/COPPER OPENS LOWER ARD 1.5% MCX CMP ARD 347../GERMANY GOES TO VOTE TODAY ON SUPPLEMENTING AID TO EUROZONE// OVERALL MKT SENTIMENT BEARISH/

MCX CRUDE OIL FACING STRONG RES AT 4130 BREAK ABV MORE POSITIVE WITH SUPP AT 4090..

MARKET ALERT ON SEPT 28 WEDNESDAY 4.10 PM IST


CX CRUDEOIL APP T1 AT 4130


CMP 4126

BUYS AT 4100//

MCX CRUDE OIL OCT HIGH RISK TRADERS HOLDING BUYS AT 4100 BOOK PART PROFITS AT 4115//

Crudeoil looks positive above 4100 to test 4130 - 4150 - 4170 with sup seen at 4060. Levels for high risk traders...

MCX CRUD EOIL UPDATES: TRADES WEAK WITH RES ABV 4105 AND CLD TGT 4020-4000-3980//

UPDATES FOR SEPT 28 2011

WEDNESDAY


TRADING LEVELS FOR MORNING SESSION


S1 RS 4060 , S2 RS 4020 , S3 RS 3980


R1 RS 4140 , R2 RS 4195 , R3 RS 4230


WAIT FOR CONFIRMATION .

GM SEPT 28: CRUDE$83.08 DOWN OVER1 %..GOLD$1641 SILVER$31.10 BULLIONS MARGINALLY DOWN HOLD SELLS GOLDM CALL LAST NIGHT AT 26280/COPPER OPENS SHARPLY DOWN ARD 2% MCX ARD 370//

MARKET ALERT ON SEPT 27 TUESDAY 5.00 PM IST


MCX Crude Update

Res is sen at Rs 4085


Support at 4030 / 4000 / 3980

UPDATES FOR SEPT 27 2011

TUESDAY


TRADING LEVELS FOR MORNING SESSION


MCX SEPT CRUDE



S1 RS 3930 , S2 RS 3865 , S3 RS 3835



R1 RS 4030 , R2 RS 4065 , R3 RS 4100



WAIT FOR CONFIRMATION ,

GM SEPT 8AM: MKITS RALLY HIGFHER AFTER EURO BANKS LOOK AT TAKING POSITIVE ACTIONS ICL BOND PURCHASE AND BRING DOWN INTEREST RATES TO CONTROL SLIDE, EURO RALLIES MARGINALLY UP, US DOLLAR DECLINES US DOLLAR INDEX 77.92/CRUDE$82 GOLD$1635 SILVER$31.25/COPPER OPENS HIGHER ARD 1%//

TECHNICALS FOR NYMEX TRADE FOR SEPT 26 2011

MONDAY

TRADING LEVELS FOR EVENING SESSION

S1 RS 3940 , S2 RS 3880 , S3 RS 3830


R1 RS 4020 , R2 RS 4080 , R3 RS 4130


WAIT FOR CONFIRMATION .

CRUDE OIL REMAINS WEAK RES ABV 4015 AND CLD TGT3920-3900-3880-3860../NICKEL WEAK RES ABV 925 AND CLD TGT 875-865-855..

GM SEPT 26,8AM; BULLIONS OPEN SHARPLY LOWER ARD FRIDAY NIGHTS CLOSE..SILVER$29.70 EXP OPEN SHARP DOWN ARD 52000..GOLD$1639 FRIDAYS LOW 41628..EXP LOWER OPEN..WATCH OUR INR OPEN ../CRUDE $79.96,COPPER OPENS MILD POSITIVE ..US DOLLAR INDEX 78.58/EURO ISSUES CONTINUE TO FEAR THE MKTS/

GM SEPT24:BULLIONS CRASH IN CLOSING TRADES LAST NIGHT AFTER BREAKING ALL TECHNICAL SUPPORTS AS INVESTORS HAD TO SELL OFF TO MEET OTHER MARGIN REQUIREMENTS..GOLD BELOW $1650 SILVER ARD $30 EVEN AS THE INR APPRECIATED A BIT AT CLOSE ..DROP SEEN MORE AS FUNDAMENTAL AS TECHNICALS MAY NOT BE CLEAR AT THSES LEVELS..WL ADVISE ON FURTHER LEVELSFOR FRESH POSITIONS./COPPER LTP 362.50 RES ABV 373 AND SUPP 358-355-351..STRONG SUPP 360..NICKEL RES 915SUPP870-860-850./

TECHNICALS FOR NYMEX TRADE FOR SEPT 23 2011

SEPT 23 FRIDAY


TRADING LEVELS FOR EVENING SESSION


S1 RS 3880 , S2 RS 3832 , S3 RS 3780


R1 RS 3965 , R2 RS 4010 , R3 RS 4068


WAIT FOR CONFIRMATION .

MCX CRUDE OIL T1 ALMOST AT 4000 SELLS AT 4030-35/CMP 4002/

Sell Crudeoil Oct between 4030 - 4035 and at 4060 SL above 4090 T1 4000 T2 3970. High Risk

UPDATES FOR SEPT 23 2011

SEPT 23 FRIDAY



MCX SEPT CRUDE





S1 RS 4170 , S2 RS 4140 , S3 RS 4105





R1 RS 4235 , R2 RS 4270 , R3 RS 4310


WAIT FOR CONFIRMATION .

OVERALL WEEKLY UPDATE: CRUDE STRONG SUPP $80 MCX CLOSE TONITE BELOW 4000 CLD TGT 3970-3950-3920-3890 RES 4150/COPPER CLD TGT SUPPORT 376 RES 395/SILVER SUPPORT AT 61000 RES 62900/GOLD SUPP 27640-480 RES 28300//EXP NIFTY OPEN SHARPLY LOWER TODAY..WATCH IMPACT INR PLAY TODAY..RES 50.50/$//

BASE METALS OPENED GAPDN YESTERDAY AS ALERTED IN OUR PREMKT MSGS AND HENCE LESS POSSIBILITIES FOR CALLS AT OPEN..HAD ALERTED LEVELS FOR TRADERS COPPER TGTS BELOW 390 TILL 387-385-383-381 LOW LAST NIGHT 382.50 OPENS TODAY SHARPLY LOWER ARD 1.20% LTP 384 EXP MCX CMP ARD 380-378 AS PER CURRENT LEVELS(DEPNEDS ON INR)//NICKEL ALERT THAT CLD TGT 955-945-925 LOW 937 CLD TGT 925 AT OPEN..WEEKLY SUPP 900 NOT RULED OUT/HOLD ZINC SELLS AS PER CALL LAST NIGHT/

GM SEPT23,7.15AM:US AND EUROPE MKTS CLOSE SHARPLY LOWER LAST NIGHT..CHINA DATA ALSO DISAPPOINTS/INR CLOSES AT NEW LOWS 49.56/$ AT 3 YEAR LOWS DUE STRENGTH IN DOLLAR INDEX../CRUDE$81.29 LTP 4006 BREAKS BELOW 4000 CLD TEST 3980-3060-3940(REF OUR MSGS YESTERDAY FROM 4130.. AND MSG AT 2.10PM FOR INTRADAYTGT 4000 HITS LOW!!)/GOLD$1746 LTP 27925 SUPP 27750 RES 28300/SILVER LTP 61670 SUPP 61000 RES 62900 CMP $36.26 OUR TGT LAST NIGHT 61000 LOW 61450!! /

MARKET ALERT ON SEPT 22 THURSDAY 9.30 PM IST


We had alerted at 2.10 PM



MCX Crude Oil Sept remains weak


Res now at Rs 4150 and


Cld test 4040 / 4020 / 4000 levels .


cmp Rs 4085 .


Traders can sell as per levels given .


Current low Rs 4011

Book maximum profits .

MARKET ALERT ON SEPT 22 THURSDAY 7.00 PM IST


MCX Sept Crude sell advised at Rs 4070


Current low Rs 4011


Book maximum profits .

MARKET ALERT ON SEPT 22 THURSDAY 6.00 PM IST


MCX Crude Looks weak ap current levels 4070


Res at 4105


and cld test support 4030 / 3990



sell on rises

MCX CRUDE OIL OCT CMP 4067 SELLS ADVISED AS LEVELS WHEN RATE WAS 4085..BOOK PART PROFITS/

MARKET ALERT ON SEPT 22 THURSDAY 2/15 PM IST


MCX Crude Oil Remains weak

Res now at Rs 4150

And cld test 4040 / 4020 / 4000


Levels for traders to sell

UPDATES FOR SEPT 22 2011

SEPT 22 THURSDAY



TRADING LEVELS FOR MORNING SESSION



MCX SEPT CRUDE





S1 RS 4170 , S2 RS 4140 , S3 4105





R1 RS 4235 , R2 RS 4270 , R3 RS 4310



WAIT FOR CONFIRMATION .

GM SEPT22,7.30AM: FED STARTS'OPERATION TWIST' TO PURCHASE 400BN DOLLARS SWITCH FROM SHORT TERM TO LONG TERM DEBT PURCHASES..SAYS ECONOMIC GROWTH AND EMPLOYMENT SLUGGISH AND WL CONTINUE FOR SOME TIME..INTEREST RATES LEFT UNCHANGED/EQUITIES ACROSS THE GLOBE CRASH ..US DOLLAR INDEX NEAR 78../COMM CRASH CRUDE$84.70(DN 1.2%)GOLD$1775 SILVER$39.40/COPPER OPENS DOWN OVER 2% MCX ARD 397//WATCH OUT INR OPEN//

TECHNICALS FOR NYMEX TRADE FOR SEPT 21 2011

SEPT 21 WEDNESDAY


TRADING LEVELS FOR EVENING SESSION


S1 RS 4150 , S2 RS 4122 , S3 RS 4093


R1 RS 4205 , R2 RS 4240 , R3 RS 4278


WAIT FOR CONFIRMATION .

MCX CRUD EOIL UPDATE; MARGINALLY WEAK BELOW 4175 RES ABV 4193 AND CLD TGT 4150-4140//LEVELS//

GM SEPT21,7.45AM; FED MEET END TONITE..OUTCOME AFTER TRADING HOURS TONITE..GOLD$1801 LTP 28045 SUPP 27850 RES 28200-250/SILVER$39.78 LTP64376 SUPP 63500 RES 65000/CRUDE$86.43 TRADES MARGINALLY DOWN/COPPER TRADES FLAT LTP 398.85 RES 401-402 SUPP 396/NICKEL LTP 1013 SUPP 1004 RES 1028/POOR HOUSING DATA FROM US AND IMF CUTTING DOWN GROWTH FORECASTS PULLED DOWN COPPER/DOLLAR INDEX AT 76.94/IF FED ANNOUNCES ANY PACKAGE DOLLAR CLD WEAKEN,PUSH METALS UP/

TECHJNICA;S FOR NYMEX TRADE FOR SEPT 20 2011

SEPT 20 TUESDAY


TRADING LEVELS FOR EVENING SESSION


S1 RS 4150 , S2 RS 4122 , S3 RS 4093


R1 RS 4205 , R2 RS 4240 , R3 RS 4278


WAIT FOR CONFIRMATION .

MARKET ALERT ON SEPT 20 TUEADAY 7.15 PM IST



MCX Oct Crude oil low risk traders can book part



profits at Cmp Rs 4135


Sell was advised at Rs 4148

MCX CRUD EOIL OCT WEKA BELOW 4148 WITH RES ABV 4173 AND CLD TEST 4130-4120//LEVELS FOR TRADERS//

MCX CRUDE OIL OCT TRADES POSITIVE ABV 4165 SUPP AT 4150 AND CLD TGT 4190-4210//LEVELS FOR HIGH RIKS TRADERS//

Sell Crudeoil Oct between 4142 - 4146 and at 4160 SL above 4179 T1 4110 T2 4080. High Risk.

UPDATES FOR SEPT 20 2011

SEPT 20 TUESDAY


TRADING LEVELS FOR MORNING SESSION


S1 RS 4080 , S2 RS 4040 , S3 RS 4000


R1 RS 4165 , R2 RS 4198 , R3 RS 4235


WAIT FOR CONFIRMATION .

GM SEPT 20,7.30AM;S AND P DOWN GRADES ITALY,S CREDIT RATING..EURO SLIDES DOWN.. CRUDE$85.70 TRADES FLAT/GOLD$1782LTP 27665 SUPP 27550 RES 27950/SILVER$39.52 LTP 63293 SUPP 62800 RES 63800-64000/COPPER OPENS MARGINALLY UP ARD 0.20%LTP 404.70 SUPP 402 RES 407.70/NICKEL LTP 1013 RES 1026 SUPP 1003/US DOLLAR INDEX 77.24 TRADES POSITIVE/

mcx sept crud eoil t2 almost ach at 4100 sells at 4150//

mcx crud eoil sept our morni ng sells call upto 4150 sl given abv 4175 high came 4174.. cmp 4140//

mcx crud eoil sept our morni ng sells call upto 4150 sl given abv 4175 high came 4174.. cmp 4140//

MCX CRUD EOIL OCT AT 4192 RECO AS LEVELS BUYS ARD 4175//BOOK PART PROFITS/

TECHNICALS FOR NYMEX TRADE FOR SEPT 19 2011

SEPT 19 MONDAY


TRADING LEVELS FOR EVENING SESSION


S1 RS 4118 , S2 RS 4088 , S3 RS 4056


R1 RS 4173 , R2 RS 4205 , R3 RS 4234


WAIT FOR CONFIRMATION .

MCX CRUD EOIL OCT TRADES MILD POSITIVE ABV 4175 WITH SUUPORT AT 4148 AND CLD TGT 4200-4220//LEVELS FOR TRADERS//

crudeoil sept low risk cover shorts ard entry level 4150//

MCX CRUDE OIL SEPT AT 4130 SELLS UPTO 4150 BOOK FURTHER/

MCX CRUD EOIL BOOK PART PROFITS ARD 4135//SELLS GIVEN UPTO 4150//

Sell Crudeoil Sep between 4145 - 4150 SL above 4175 T1 4120 T2 4100. High Risk.

UPDATES FOR SEPT 19 2011

SEPT 19 MONDAY


TRADING LEVELS FOR MORNING SESSION



S1 RS 4144 , S2 RS 4095 , S3 RS 4053


R1 RS 4298, R2 RS 4320 , R3 RS 4350


WAIT FOR CONFIRMATION .

GOLD TRADES HIGHER AT $1825 MCX ARD 29700-27980 SUPP NOW 27600 -27400 RES 28100-28350 KEY RES $1835 SUPP $1790//SILVER HOLDS AT 440.65 MCX ARD 64500..US DOLLARINDEX AT HIGH 77.20 CLD WEAKEN INR ..IMPACT; CLD HOLD BULLIONS HIGHER/CRUDE AT LOW $86.80/COPPER AT LOWS DOWN ARD 1.5% SUPP 406-405 RES 416//NICKEL SUPP 1003 RES 1030 EXP LOWER OPEN/AS US DOLLAR STRENTHENS COMMODITIES REACT LOWER EVEN AS EURO REMAINS WEAK//

GM SEPT19: EUOR GRRCE CRISI WEIGHS SHARPLY IN EARLY TRADES..FED MEET FOR NEXT 2 DAYS WL BE WATCHED..MKTS WILL CONTINUE TO REMAIN CHOPPY TILL THIS OUTCOME AS WAS THE CASE LAST 2 DAYS..CRUDE OPENS SHARPLY LOWER $86.18 DOWN OVER 1$ MCX DOWN ARD RS 40/GOLD OPENS HIGHER$1820 MCX EXP OPEN ARD 27850-900/SILVER$40.60 OPENS FLAT MCX SUPP 63800 RES 65000(WATCH OUT INR OPEN AS EP WEAK NIFTY OPEN)COPPER OPENS SHARPLY LOWER ARD 1.5% MCX ARD 408-409//

UPDATES FOR SEPT 16 2011

SEPT 16 FRIDAY


TRADING LEVELS FOR MORNING SESSION


S1 RS 4215 , S2 RS 4160 , S3 RS 4120


R1 RS 4305 , R2 RS 4350 , R3 RS 4390


WAIT FOR CONFIRMATION

GM SEPT 16: GOLD$1766 OPENS SHARPLY LOWER SUPP 27310 RES 27700/ SILVER$39.43 LTP 63257 MCX ARD 62900-63000//CRUDE $89.55 SUPP 4220 RES 4285-4310/COPPER OPENS FLAT LTP 418.50 SUPP 416 RES 420-421/NICKEL LTP 1037 SUPP 1026 RES 1045/RBI POLICY EXP TODAY CLD IMPACT INR//

MARKET ALERT ON SEPT 15 THURSDAY 9.15 PM IST


MCX Crude Oil Sept positive with Res 4310


support 4245 //

MARKET ALERT ON SEPT 15 THURSDAY 7.40 PM IST


MCX SEPT Crude oil Target 2 achieved at Rs 4280


Hold minimum lots for Target 3 Rs 4310


Trail sl to cost .

TECHNICALS FOR NYMEX TRADE FOR SEPT 15 2011

SEPT 15 THURSDAY


TRADING LEVELS FOR EVENING SESSION


S 1 RS 4215 , S2 RS 4190 , S3 RS 4168


WAIT FOR CONFIRMATION .


R1 RS 4268 , R2 RS 4295 , R3 RS 4320

MCX CRUDEOIL SEPT APP T1 AT 4260 CMP 4254..BUY GIVEB AT 4225 BOOK FURTHE RPROFITS/

MCX CRUDE OIL SEPT BUYS AT 4225 BOOK PART PROFITS AT 4245

MCX CRUD EOIL SEPT TRADES WITH MILD NEGATIVE BIAS RES NOW AT 4260 AND BELOW 4200 CLD TEST 4185//LEVELS ONLY//LOW RISK EXIT BUYS IF ANY.

MCX CRUDE OIL TRADES WITH POSITIVE BIAS WITH SUPPORT AT 4200 AND CLD TGT RES 4250-4270..LEVELS FOR TRADERS CMP 4230//

TRADING LEVELS FOR SPET 15 THURSDAY

MCX CRUDE OIL SEPT

SUPPORTS; 4215-4160-4120

RES; 4300-4330-4360

NAT GAS INV TONITE EXP 86BCF VS PREV 64 BCF//GREECE EUROZONE ISSUES GRIP THE BASE METALS MKTS LAST 2 DAYS..HOPES OF RESOLUTION OF CRISIS WITH SUPP FROM GERMANY AND FRANCE PUSHES UP METALS AT OPEN TODAY//

GM SEPT 15:ALL COMM CHOPPY AND WAIT FOR OUTCOME FED MEET SEPT 20-21../GOLD$1816 MOVES IN RANGE 28000-28400;SILVER$40.64 LTP 64785 SUPP 64200 RES 65500/CRUDE$88.56 LTP 4253 RES 4300 SUPP 4170/NAT GAS HOLDS NEAR RES AT 195.50 SUPP 188.50/COPPER OPENS HIGHER ARD 0.80% LTP 414 MCX NOW ARD 416.50..SUPP 412 RES 419.80/NICKEL LTP 1018 RES 1024-1028 SUPP 1005/INR HIT HIGH YESTERDAY UPTO 48..THEN RBI INTERVENTION BROUGHT IT DN 47.65 CLOSE//US DOLLAR INDEX 76.90/

MARKET ALERT ON SEPT 14 WEDNESDAY 8.00 PM IST



US CRUDE Weekly Inventory Act - 6.7 M

Forecast - 3, 1 M

Previous - 4.0 M

TECHNICALS FOR NYMEX TRADE FOR SEPT 14 2011

SEPT 14 WEDNESDAY


TRADING LEVELS FOR EVENING SESSION


S1 RS 4240 , S2 RS 4208 , S3 RS 4180


R1 RS 4300 , R2 RS 4330 , R3 RS 4378



WAIT FOR CONFIRMATION .

Crude oil looks positive to test 4300 - 4320 - 4340 levels with sup seen at 4250. Levels Only.

UPDATES FOR SEPT 14 2011

SEPT 14 WEDNESDAY


TRADING LEVELS FOR MORNING SESSION


S1 RS 4215 , S2 RS 4160 , S3 RS 4120


R1 RS 4305 , R2 RS 4350 , R3 RS 4390


WAIT FOR CONFIRMATION

GM: GOLD$1843 OPENS HIGHER LTP 28234 EXP MCX OPEN SHARPLY HIGHER /SILVER$41.10LTP 65550 SUPP65100 RES 65600-65800-66000 EXP OPEN POSITIVE TO TEST RES/INDIAN INFLATION DATA TODAY..CLD IMPACT INR MOVES EXP @9.60% VS 9.22/CRUDE$89.40 TRADES MARGINALLY LOWER RES 4310 SUPP 4230/COPPER OPENS MARGINALLY POSITIVE LTP 419.85 SUPP 418 RES 424-426/NICKLE LTP 1017 SUPP 1008 RES 1030/US DOLLAR INDEX AT 77.10..EXP MKTS CHOPPY TILL FED MEET ON 20-21 SEPT/

Expected Crude Oil Inventories Forecast -3.1M Previous -4.0M
(Actual to be released tomorrow 08:00pm)

UPDATES FOR SEPT 13 2011

SEPT 13 TUESDAY


TRADING LEVELS FOR MORNING SESSION


S1 RS 4120 , S2 RS 4060 , S3 RS 4010\


R1 RS 4230 , R2 RS 4280 , R3 RS 4330


WAIT FOR CONFIRMATION .

GM SEPT 13,7.55AM; BULLIONS OPEN SHARPLY HIGHER GOLD$1831 LTP 27790 EXP OPEN HIGHER ARD RS 250 RES 28150 SUPP 27600..SILVER$40.84 LTP63786 SUPP 63000-63500 RES 65000 EXP OPEN MCX ARD 64500( SUBJECT TO INR OPEN)..CRUDE$88.74 MARGINALLY UP LTP 4160 RES 4210 SUPP 4120/COPPER OPENS SHARPLY HIGHER ARD 0.80% LTP417.75 MCX OPEN ARD 420-420.50 REES 425 SUPP 416//

MCX Crudeoil looks weak if sustains below 4050 till 4000 - 3980 with res seen above 4070...

UPDATES FOR SEPT 12 2011

SEPT 12 MONDAY


TRADING LEVELS FOR MORNING SESSION


S1 RS 4031 , S2 RS 3982 , S3 RS 3940


R1 RS 4095 , R2 RS 4137 ,R3 RS 4195


WAIT FOR CONFIRMATION .

UPDATE AT 8.30AM: BULLIONS HOLDING AT SAME LEVELS JUST MARGINALLY DOWN..GOLD41852/CRUDE$86../COPPER DOWN OVER 1% MCX ARD 411-412/DOW AND ALL EUROPE FUT OPEN LOWER../CHANCES OF GREEK BAILOUT REDUCES AS GERMANY MAY BACK OUT/EURO SLIDES FURTHER/WATCH OUT INR OPEN AS NIFTY EXP LOWER OPEN..ALOS IIP DATS TODAY EXP TO BE WEAK//

GM SEPT 12,8AM; EURO SINKS DOWN AS GREECE DEFAULT AND BAILOUT OPTIONS LOOM,DOLLAR INDEX AT HIGH 77.46..COMM DROP..GOLD$1851 MARGINALLY LOWER ARD RS60 SUPP 27800 RES 28500 MCX..SILVER$41.26 MCX ARD 64850 SUPP 64000 RES 66000(SUBJECT TO INR MOVES!)/CRUDE $86 DOWN ARD 40RS MCX/BASE METALS DOWN..COPPER OPENS LOWER ARD 0.80%MCX ARD 412 SUPP 409 RES 418/

Market Alert On Sept 9 Friday 4.00 PM IST


MCX NOV Crude oil Sept trades weak below 4120 to 22


with Res above 4152

and cld test support 4100/4090/4075

Levels for Traders

MCX CRUD EOIL SEPT T2 ACH AT 4090 ..GIVEN LEVELS FOR TRADERS BELOW 4122//

MCX CRUDE OIL SEPT TRADES WEAK BELOW 4120-22 WITH RES ABV 4152 AND CLD TEST SUPP 4100-4090-4075//LEVELS FOR TRADERS/

GM SEPT9,8.15AM: OBAMA ANNOUNCES PROPOSALS FOR 447BN TAXCUTS AND SPENDING..DOLLAR DROPS MARGINALLY/FED CHAIRMAN ACKNOWLEDGES SLOW ECONOMIC GROWTH AND EMPLOYMENT PLEDGES TO TAKE STEPS AS REQD IN FED MEET SEPT 20-21//GOLD $1860 HIGH LAST NIGHT 1870 SUPP 27600 RES 28050,SILVER$42.30 LTP 65600 RES 66000 SUPP 65200../CRUDE $89.45 TRADES AT HIGHS RES 4220 SUPP 4130/COPPER OPENS FLAT LTP 424.75 RES 427 SUPP 420..NICKEL LTP 1016 SUPP 1004 RES 1025/

MRKT ALERT

Crude went up sharply yesterday and now trading above strong res at 4100 - 4130 levels, if holds looks more positive to test upto 4180 - 4200. Levels Only..

GM SEPT8,7AM: GOLD$1836 LTP27182;SILVER$41.67 LTP 64366..AS ADVISED HUGE SWINGS SEEN IN BULLIONS AHEAD OF OBAMA'S SPEECH TO US CONGRESS TODAY WHERE HE IS EXP TO ANNOUNCE BAILOUT PACKAGE OF $300 BN AS FRESH INDIRECT STIMULUS..FED MEETS ON SEPT20-21 TO DECIDE ON ECONOMIC STIMULS//BASE METALS AND CRUDE RALLY HIGHER ON THIS NEWS..CRUDE$89.75 POSITIVE SUPP 4085 RES 4150 EXP INVENTORY TONITE DOWN 1.9MB/COPPER SUPP 418 RES 425 LTP 422.80//NAT GAS INV EXP UP61BCF

GM SEPT7,8AM:GOLD$1873 LTP 27970 SUPP 27730 RES 28300 SILVER$41.92 LTP64600 SUPP 64000 RES 65500 BULLIONS ESP GOLD CORRECTED SHARPLY AFTER SWISS GOVT ANNOUNCED PLANS TO PEG THE FRANC AND DEFEND THEIR CURRENCY UPTO 1.20/EURO..US DOLLAR STRENGTHENED SHARPLY OVER1% DOLLAR INDEX 75.76/CRUDE$86.38 LTP 3931 RES 3980 SUPP 3880/COPPER OPENS MARGINALLY UP COPPER LTP 416 SUPP 412 RES 418.50 NICKEL LTP 964 RES 975 SUPP 950//

MRKT ALERT

MCX Sep Crudeoil remains weak below 3850 till 3800 levels, with strong re seen at 3920 only. Levels only..

GM SEPT5,7.45AM: GOLD $1882 SUPP 27500 RES 28300 SILVER$43.10 SUPP 65000 RES 66500 US MKTS COMEX CLOSED TODAY SO LIMITED ELECTRONIC TRADES ONLY TODAY,NO VOLUMES EXP, TRADE LESS/CRUDE$85.90 TRADES LOWER/COPPER TRADES FLAT LTP 420.20 SUPP 416 RES 426//

update at 8.30am; gold $1829 silver$41.63 bullions holding at same levels/crude488.64 marginally down/copper tgrades lower ard 0.40% mcx ard 421supp 418//

gm sept2,7.45am; gold$1828 range bound 27000-27420 silver$41.62 ltp 64160 supp 63500 res 64800/crude$88.90 ltp 4095res 4150 supp 4030/base metals trade flat copper ltp 422.50 supp 419 res 427 nickel ltp 1002 supp 998 res 1015//

UPDATE AT 3.40PM: GOLD$1818 TRADES LOWER MCX ARD 130RS SILVER$41.42 TRADES FLAT SUPP 63400
RES 64650/CRUDE TRADES MARGINALLY LOWER $88.44//BASE METALS SHARPLY LOWER COPPER NICKEL ALU DOWN ARD 1% LEAD ZINC DOWN OVER 1.5%..TRADES LOWER AFTER CHINA EXPORTS DATA SLOWDOWN...LOTS OF US DATAS THIS EVENING , MANUFACTURING ISM EXP TO BE NEGATIVE( WL IMPACT BASE METALS)..UNEMPLOYMENT DATAS TO IMPACT BULLIONS../TRADE LESS TILL DATAS RELEASE/