CRUDE INVENTORY 4.2MB EXP 1.4MB PREVIOUS 1.6MB/

TECHNICALS FOR NYMEX TRADE FOR FEB 29 2012

WEDNESDAY


TRADING LEVELS FOR EVENING SESSION


S1 RS 5245 , S2 RS 5208 , S3 R4 S5168


R1 RS 5335 , R2 RS 5398 , R3 RS 5440

UPDATES FOR FEB 29 2012

WEDNESDAY

TRADING LEVELS FOR MORNING SESSION

MCX MARCH CRUDE


S1 RS 5286 , S2 RS 5241 , S3 RS 5211


R1 RS 5361 , R2 RS 5398 , R3 RS 5431

UPDATES FOR FEB 29 2012

WEDNESDAY

TRADING LEVELS FOR MORNING SESSION

MCX MARCH CRUDE


S1 RS 5286 , S2 RS 5241 , S3 RS 5211


R1 RS 5361 , R2 RS 5398 , R3 RS 5431

GM FEB 29..GOLD$1786 (HIGH LAST NIGHT$1790)..REF OUR SMS YESTERDAY AT 1PM ABV $1760 CLD TGT $1790-$1820..HOLD BUYS GOLDM CALL LAST NIGHT AT 28800 TGTS 28980-29080/SILVER$37,(HIGH LAST NIGHT$37.20) RES 61000-61500 SUPP 60000)TECHNICAL BREAK OUT ABV $36 PUSHED HIGHER NEXT RES$37.50-38//CRUDE LOWER$106.85 SUPP 5270-5- RES 5370 EXP WEAK OPEN/COPPER OPENS MILD DOWN MCX ARD 420-421 SUPP 418 RES 426/

TECHNICALS FOR NYMEX TRADE FOR FEB 28 2012

TUESDAY


TRADING LEVELS FOR EVENING SESSION


S1 RS 5308 , S2 RS 5260 , S3 RS 5228


R1 RS 5388 , R2 RS 5434 , R3 RS 5478

MCX CRUDE OIL MARCH MILS WEAK IF SUSTAINS BELOW 5345 WITH RES ABV 5365 AND CLD TEST 5325-20/LEVELS

UPDATES FOR FEB 28 2012

TUESDAY


TRADING LEVELS FOR MORNING SESSION


S1 RS 5341 , S2 RS 5305 , S3 RS 5280

R1 RS 5410 , R2 RS 5445 , R3 RS 5485

GM FEB 28/GOLD$1768 TRADES RANGE BOUND RES$1785 CLOSE, SILVER$35.40 SUPPORT 58300 RES 59000/CRUDE$108 WEEKLY SUPP 6335 RES 5415 OPENS MILD DOWN/COPPER TRADES FLAT WEEKLY SUPP 414 RES 423,MORE BULLISH CLOSE ABV 421/NICKEL POSITIONAL SUPP 970 RES 998-1011 ,BUT PREFER WAIT CONTRACT EXPIRY FOR CLEAR TREND/US DOLLAR INDEX 78.60/GERMAN PARLIAMENT APPROVES GRRECE BAILOUT/

MCX NICKEL TRADES POSITIVE ABV 985 WITH -POSITIONAL SUPPORT BELOW 970 AND CLD TGT5 1000-1010//MCX CRUD EOIL MARCH POSITIVE ABV 5380 WITH SUPP AT 5335 AND CLD TGT 5450-5500//LEVELS FOR TRADERS//

TECHNICALS FOR NYMEX TRADE FOR FEB 24 2012

FRIDAY

TRADING LEVELS FOR EVENING SESSION


S1 RS 5319 , S2 RS 5300 , S3 RS 5276

R1 RS 5364 , R2 RS 5390 , R3 RS 5409

UPDATES FOR FEB 24 2012

FRIDAY

TRADING LEVELS FOR MORNING SESSION


MCX FEB CRUDE

S1 RS 5241 , S2 RS 5203 , S3 RS 5176

R1 RS 5308 , R2 RS 5335 , R3 RS 5385

EURO TRADES AT 10 MONTH HIGH AGAINST US DOLLAR/US DOLLAR INDEX 78.66/CRUDE HOLDS ABV $108.50 EXP GAP UP OPEN ABV RES/BULLIONS FLAT/COPPER FLAT EXP MCX OPEN ARD 413-414/NAT GAS TRADES LOWER ARD 1%/

GM FEB 24; GOLD$1779 LAST NIGHT HIGH $1787 WEEKLY SUPPORT 28780 RES 29000-29100-29200/SILVER$35.28 LAST NIGHT HIGH $35.57 WEEKLY SUPPORT AT 57100 RES 59000..BULLIONS BREAKS TECH RES/CRUDE JUMPS$108.40 RES 5310-5340 SUPP 5230/COPPER OPENS FLAT RES 417 SUPP 409.80/

UPDATES FOR FEB 23 2012

THURSDAY


TRADING LEVELS FOR MORNING SESSION

MCX FEB CRUDE


S1 RS 5210 , S2 RS 5175 , S3 RS 5151


R1 RS 5271 , R2 RS 5305 , R3 RS 5345'

GM FEB 23: GOLD$1775 HIGH LAST NIGHT $1781..BREAK OUT ON WEEKLY CLOSE ABOVE$1780-85, MCX RES 28800 SUPP 28500/SILVER$34.32 HIGH LAST NIGHT $34.50 ..NEXT BREAK OUT CLOSE ABV $34.50 MCX RES STRONG ABV 58000,CURRENT SUPP 56500 LTP 57250/CRUDE$105.80 MCX RES 5280-5310 SUPP 5220-5180 OPENS FLAT/COPPER OPENS FLAT RES 418.50 SUPP 413/US DOLLAR INDEX 79.20/

TECHNICALS FOR NYMEX TRADE FOR FEB 22 2012

WEDNESDAY

TRADING LEVELS FOR EVENING SESSION


S1 RS 5215 , S2 RS 5180 , S3 RS 5148

R1 RS 5288 , R2 RS 5330 , R3 RS 5368

MCX CRUDE OIL MARCH TRADES POSITIVE ABV 5245 WITH SUPPORT AT 5220 AND CLD TGT 5280-5300/LEVELS FOR TRADERS/

UPDATES FOR FEB 22 2012

WEDNESDAY


TRADING LEVELS FOR MORNING SESSION


MCX FEB CRUDE


S1 RS 5173 , S2 RS 5131 , S3 RS 5090


R1 RS 5245 , R2 RS 5278 , R3 RS 5310

GM: GOLD $1755 BUY CALL GOLDM LAST EVEING RUNNING FOR TGT 28230/ SILVER$34.22 T2 ACH LAST NIGHT AT 57100 HIGH 57250, SUPP NOW 56500 RES 57500-57850/CRUDE T1 ACH LAST NIGHT AT 5230 HIGH 5240 BUYS AT 5200 CRUDE CMP $105.79 LAST NIGHT HIGH $106.20/COPPER OPENS FLAT SUPP 412 RES 418-421/

TECHNICALS FOR NYMEX TRADE FOR FEB 21 2012

TUESDAY

TRADING LEVELS FOR EVENING SESSION


S1 RS 4968 , S2 RS 4940 , S3 RS 4908

R1 RS 5245 , R2 RS 5278 ,R3 RS 5310

UPDATES FOR FEB 21 2012

TUESDAY

TRADING LEVELS FOR MORNING SESSION

MCX FEB CRUDE\


S1 RS 5173 , S2 RS 5171 , S3 RS 5090


R1 RS 5245 , R 2 RS 5278 , R3 RS 5310

GM FEB 21/GREECE DEAL NOT FINALIZED YET/GOLD $1735 SILVER$33.56 BULLIONS TRADE SAME LEVELS SILVER SUPP 56000 RES 56700-950/CRUDE$104.75 RES 5245 SUPP 5180/COPPER TRADES AT YESTERDAYS HIGHS RES410 SUPP 405/US DOLLAR INDEX 79.10/

UPDATE AT 3.30PM: GOLD$1732 SILVER#33.55 CRUDE4104.88 COPPER UP OVER 1.5%,NAT GAS DOWN OVER1%..EURO MEET TO SOLVE GREECE CRISIS ON NOW/EXP GAP UP OPEN COPPER(ALL BASE METALS) CRUDE GOLD SILVER/NAT GAS DOWN/

GM FEB 20/MCX CLOSED MORNING SESSION,US MKTS CLOSED TODAY,ONLY ELECTRONIC US TRADING TODAY/CHINA ANNOUNCES CRR CUT BY HALF POINTS,MKTS RALLY UP/CRUDE$104.93 OPENS SHARPLY HIGHER 1.5%/GOLD$1735 (UP ARD $13) SILVER$33.55(UP OVER 30 CENTS)/COPPER OPENS UP OVER 1.3%/

UPDATES FOR FEB 17 2012

FRIDAY

TRADING LEVELS FOR MORNING SESSION

MCX FEB CRUDE


S1 RS 5021 ,S2RS 4975 , S3 RS 4941


R1` R\S 5110 , R2 RS 5145 , R3 RS 5187

gm feb 17: gold $1732,next upmove on close abv $1720/silver$33.56 rebounded sharply after testing supports supp 55800 res 56500-850/crude$102.40 res 5090 supp 5005 ,next positional upmove close abv $104/nat gas sideways/copper weekly strong support 409 res 416-418/leadm zincm alum mild weakness seen/

MARKET ALERT ON FEB 16 THURSDAY 7.50 PM IST


International Crude trades above dollar 102


MCX Crude Feb Buy on dips

Recommended around Rs 5035 to 40

Support at Rs 5010


And cld Test 5085

Levels Only .

TECHNICALS FOR NYMEX TRADE FOR FEB 16 2012

THURSDAY


TRADING LEVELS FOR EVENING SESSION


S1 RS 4988 , S2 RS 4945 , S3 RS 4900


R1 RS 5068 , R2 RS 5104 , R3 RS 5145

MCX CRUDE OIL FEB RES REMAINS AT 5050 AND SUPPORT 5005-4980/LEVELS ONLY/

UPDATES FOR FEB 16 2012

THURSDAY

TRADING LEVELS FOR MORNING SESSION


MCX FEB CRUDE\

\

S1 RS 4980 , S2 RS 4940 , S3 RS 4900


R1 RS 5042 , R2 RS 5076 , R3 RS 5110

GM FEB 16: MKTS UNCERTAIN DUE GREECE ISSUES..2 VIEWS EMERGING, ONE IS SOMEHOW THE ISSUE WILL RE SOLVED AT LAST MINUTE AND THE OTHER THAT GREECE MAY BE FORCED OUT OF THE EU WHICH WL STRENGTHEN THE US DOLLAR INITIALLY WHICH REASON IS WHY BASE METALS ARE UNDER PRESSURE/IRAN UNVEILS NUCLEAR PLANS AND HOLDS CRUDEOIL/GOLD$1724 SILVER$33.42 SUPP 55700 RES 57000/CRUDE RES 5055-80 SUPP 4970/GAS FLAT/COPPER SUPP 409 RES 421/

MARKET ALERT ON FEB 15 THURSDAY 6.15 PM IST


MCX Crude Oil Feb Tgt 1 Achieved at Rs 5050


Buys around Rs 5005


Book Profits .

MCX CRUD EOIL FEB TRADES POSITIVE ABV 5000 WITH SUPPORT AT 4970 AND CLD TGT 5045-75/LEVELS FOR TRADERS/

UPDATES FOR FEB 15 2012

WEDNESDAY

TRADING LEVELS FOR MORNING SESSION


MCX FEB CRUDE


S1 RS 4945 , S2 RS 4905 ,S3 RS 4871


R1 RS 5030 , R2 RS 5068 , R3 RS 5101

UPDATE AT 9AM: CRUDE AT HIGH $101.25 COPPER TRADES UP ARD 0.80% MCX ARD 420-421/BULLIONS FLAT/INR OPEN FLAT/

GM FEB 15:DELAY IN GRRECE BAILOUT/EURO DOWNGRADESAND POOR US DATAS PULL DOWN COMMODITIES/ GOLD$1724 SILVER$33.70 SUPP 56200 RES 56950/CRUDE$100.75 SUPP 4930 RES 5050 BUY ON DIPS RECO/COPPER OPENS FLAT RES 422 SUPP 415/US DOLLAR INDEX 79.32/

MCX CRUDE OIL CMP 5000..//REFER OUR MSG AT 2.50PM CRUDE OIL TO TEST 5000-5030 ,BUY ON DIPS AT SUPPORT 4950 SL 4930/

UPDATES FOR FEB 14 2012

TUESDAY

TRADING LEVELS FOR MORNING SESSION


MCX FEB CRUDE\


S1 RS 4915 , S2 RS 4881 , S3 RS 4831


R1 RS 4985 , R2 RS 5010 , R3 RS 5055 ,

GM FEB 14/MOODYS DOWNGRADES 6 EURO NATIONS INCL SPAIN AND ITALY,ON WATCH LIST FRANCE AND UK/BULLIONS OPEN DOWN GOLD$1717 SILVER$33.54 SUPP 56200 RES 57050/CRUDE$11.54 SUPP 4880 RES 4985-5010/COPPER OPENS FLAT SUPP 415.80 RES 421-423/WATCHOUT INR OPEN/US DOLLAR INDEX 79.15/

TECHNICALS FOR NYMEX TRADE FOR FEB 13 2012

MONDAY

TRADING LEVELS FOR EVENING SESSION


S1 RS 4880 , S2 RS 4845 , S3 RS 4800


R1 RS 4955 , R2 RS 4996 , R3 RS 5055

GM FEB 13: COMMODITIES OPEN HIGHER AFTER GREEK PARLIAMENT PASSES AUSTERITY MEASURES/GOLD$1726 SUPP 27880 RES 28250,SILVER$33.80 RES 57380-57500 SUPP 56500-200 EXP OPEN MCX ARD 57100/CRUDE SHARPLY HIGH $99.70 MCX ARD 4965 RES 4985 SUPP 4880/COPPER OPEN ARD 0.40% MCX ARD 426 RES 428-430 SUPP 420/US DOLLAR INDEX 78.83/

GM WEEKENDED FEB 10/COMM ENDED SHARPLY LOWER ON EURO CRISI NOT GETTING RESOLVED EVEN AS GREECE PARLIAMENT PASSED BUDGET CUTTING MEASURES LATE NIGHT,EURO CLOSES SHARPLY LOWER,US DOLLAR INDEX UP AT 79/GOLD $1722SUPP 27900 RES 28150/ SILVER$33.58 SUPP 56200 RES 57350/CRUDE$99/BASE METALS CLOSE SHARPLY LOWER COPPER SUPP 420 RES 428/

TECHNICALS FOR NYMEX TRADE FOR FEB 10 2012

FRIDAY

TRADING LEVELS FOR EVENING SESSION

S1 RS 4880 , S2 RS 4845 , S3 RS 4800


R1 RS 4955 , R2 RS 4996 , R3 RS 5055

UPDATES FOR FEB 10 2012

FRIDAY

TRADING LEVELS FOR MORNING SESSION

MCX FEB CRUDE


S1 RS 4915 , S2 RS 4881 , S3 RS 4831


R1 RS 4985 , R2 RS 5010 , R3 RS 5055

GM FEB 10; GOLD $1734 SILVER433.96 SUPP 56600 RES 57800 BULLIONS OPEN FLAT,HOLD GOLD LONGS AS PER CALL LAST NIGHT/CRUDE$99.50 SUPP 4880 RES 4950-80 NAT GAS OPENS MILD UP/COPPER OPENS DOWN ARD 0.50%MCX ARD 432.50-433 SUPP429 RES 436/ZINCM ALUM LEADM NICKM ALL POSITIVE

MCX CRUD EOIL FEB UPDATES: TRADES SIDEWAYS WITH MILD NEGATIVE BIAS ..MILD WEAK BELOW 4890 WITH RES ABV 4914 AND CLD TGT 4865/LEVELS FOR TRADES/

GM FEB 9:ALL COMM CAME OFF HIGHS LAST NIGHT ON TECHNICAL PROFIT BOOKING,NO FUNDAMENTAL NEWS/MEMBERS ADVISED TO KEEP BOOKING WHEN WE GIVE ALERTS, BUT STILL WE PREFER ALL COMM LOOK POSITIVE FOR BUY ON DIPS/GOLD$1729 SUPP 27800 RES 28280 SILVE$33.93 OPEN FLAT SUPP 56600 RES 57500/CRUDE$98.75 SUPP 4820 RES 4920/COPPER OPENS MILD DOWN SMCX ARD 423.50 SUPP 420 RES 427/NAY GAS OPENS FLAT/

Crude oil trades positive above on a HOLD above 4850 to test 4900 - 4950 and sup seen only at 4800 - 4820.

UPDATES FOR FEB 8 2012

WEDNESDAY

TRADING LEVELS FOR MORNING SESSION


MCX FEB CRUDE


S1 RS 4821 , S2 RS 4781 , S3 RS 4745


R1 RS 4898 , R2 RS 4930 , R3 RS 4965

GM FEB 8:GOLD $1746 RES $1760 MCX 28480 SUPP 1720$SILVER $34.10 OPENS FLAT SILVER SUPP NOW 56700 RES 57600-57950 RES DOLLAR TERMS $34.50/CRUDE$98.77 RES 4900 SUPP 4820/NAT GAS OPENS FLAT/ COPPER FLAT RES 424 SUPP 418/NICKEL RES 1068 SUPP 1048/US DOLLAR INDEX 78.60/

MCX CRUDE OIL FEB UPDATE: NEXT UPMOVE ONLY IF SUSTAINS ABV 4785 ..TILL THE TRADES WEAK TO TEST SUPPORTS 4735-4710/LEVELS/

UPDATES FOR FEB 7 2012

TUESDAY

TRADING LEVELS FOR MORNING SESSION


MCX FEB CRUDE


S1 RS 4748 , S2 RS 4718 , S3 RS 4685


R1 RS 4798 , R2 RS 4825 , R3 RS 4852

gm feb 7/CRUDE$97.33 OPENS MILD POSITIVE / NAT GAS OPENS UP ARD 1%/GOLD $1723 MILD UP/SILVER$33.72 MILD UP SUPP 55800 RES 56700-56950/COPPER OPENS FLAT SUPP 416 RES 421-423.80/ DOLLAR INDEX 79.09/NICKEL LAST NIGHT HIGH 1062 BUYS AT 1037 RES 1068-76 SUPP 1048COPPER HIGH LAST NIGHT 420.45 BUYS ARD 418.25/

UPDATES FOR FEB 6 2012

MONDAY

TRADING LEVELS FOR MORNING SESSION


S1 RS 4731 , S2 RS 4682 , S3 RS 4640


R1 RS 4695 , R2 RS 4837 , R3 RS 4895

GM /CRUDE $97.25 OPENS LOWER ARD RS 25 SUPP 4730 RES 4810/NT GAS OPENS LOWER ARD 1%/GOLD$1734 OPENS MARGINALLY HIGHER SILVER $33.69 OPENS FLAT RES 56850 SUPP 55700/COPPER OPENS DOWN ARD .40% RES 421-423 SUPP 416/US DOLLAR INDEX OPEN STRONGER T 79.30/WATCH OUT INR OPEN FOR MCX OPEN DIRECTION//

UPDATES FOR FEB 1 2012

WEDNESDAY

TRADING LEVELS FOR MORNING SESSION

MCX FEB CRUDE



S1 RS 4880 , S2 RS 4835 , S3 RS 4801


R1 RS 4960 , R2 RS 5020 , R3 RS 5060

gm feb 1/poor us economic datas dragged mkts down last night/GOLD$1739 SILVER$33.23 SUPP 56000 RES 56800-57100/CRUDE$98.77 WEEKLY RES AT 5015 SUPP 4870/COPPER OPENS FLAT SUPP 415 RES 421/US DOLLAR INDEX 79.31//