GM OCT 29//BULLIONS CLOSED AT DAY HIGH GOLD 19763/SILVER 36820....OUR GIVEN TGTS GOLDMINI 19800/19900/20000... SILVER MINI 37000...LOOKS GOOD/OUR SILVER MINI BUY GIEVN ON THURSDAY AT 35650...//BASE METALS CRASHED AHEAD OF FOMC MEET ON MONDAY AND TUESDAY AND ELECTIONS IN US/ BANK OF ENGLAND, ECB AND BANK OF JAPAN TO MEET NEXT WEEK/ALL COMM TO FOLLOW DIRECTION OF USD!!!!!SILVER TRADING ABV RES $24.50 CMP 24.6, NEXT LEVEL$26/26.40///GOLD ABV $1350 NEXT 1380

MRKT ALERT 10.16 PM

MCX NOV SILVERM T5 ACH AT 36700, BUY GIVEN AT 35650 YESTERDAY CARRY OVER CALL.

MRKT ALERT 10.12 PM

MCX NOV SILVERM APP OUR T5 AT 36700, BUY GIVEN AT 35650 YESTERDAY CARRY OVER CALL. CURRENT HIGH 36680.

MRKT ALERT 10.04 PM

MCX NOV SILVERM T4 ACH AT 36500, BUY GIVEN AT 35650 YESTERDAY CARRY OVER CALL.

MRKT ALERT 7.58 PM

MCX NOV SILVERM APP OUR T4 AT 36500, BUY GIVEN AT 35650 YESTERDAY CARRY OVER CALL. CURRENT HIGH 36390 TRADERS CAN BOOK FURTHER PROFITS.

MRKT ALERT 5.42 PM

MCX NOV SILVERM TGT EXT UPTO 36500-36700, TRAIL SL TO 36000.

MRKT ALERT 5.40 PM

MCX NOV SILVERM T3 ACH AT 36300, BUY GIVEN AT 35650 YESTERDAY CARRY OVER CALL.

MRKT ALERT 5.35 PM

MCX NOV SILVEM APP OUR T3 AT 36300, BUY GIVEN AT 35650 YESTERDAY CARRY OVER CALL. CURRENT HIGH 36193.

MRKT ALERT 5.35 PM

MCX DEC GOLDM TRADERS CAN BOOK PART PROFITS UPTO 19645, BUY GIVEN ABOVE 19600.

MCX SILVER MINI NOV HIGH 36140/BUY GIVEN YESTERDAY AT 3565O/BOOK FURTHER PROFITS AND OTHERS HOLD FOR 36300//

MCX SILVER MINI NOVE : T2 ACH AT 36100/BUY GIVEN YESTERDAY AT 36650/HOLD FOR T3 AND TRAIL SL TO COST.

UPDATES FOR OCT 29 2010

OCT 29 FRIDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 35650 , S2 RS 35300 , S3 RS 35050

R1 RS 36300 , R2 RS 36500 , R3 RS 36750

WAIT FOR CONFIRMATION

BASE METALS CONTINUED ITS UNCERTAIN PATH AND EXP TO CONTINUE/BASE METAL TRADING WEAK, COPPER DOWN ABOUT 0.45% LTP 373.60 SUPP 371 RES 377/ZINC AND LEAD TRADING SHARPLY LOWER ABOUT 1%//OUR CALLS YESTERDAY MADE UP FOR PRECEEDING 2 DULL DAYS; LEAD MINI, ZINC MINI T1 AND T2 ACH; COPPER T2 ALMOST ACH; CRUDE T1 ACH; SILVER MINI T2 ALMOST ACH;ALU BOOKED PART AND CLOSE AT ENTRY LEVEL!!TODAY TRADE LESS AS EXP TO BE CHOPPY WITH NEGATIVE BIAS.

GM OCT 29,7.40AM:CRUDE$81.91 LTP 3676 RES 3700 SUPP 3650/NAT GAS$3.90/GOLD$1340 LTP19610 POSITVE ABV 19600 SUPP 19520 RES 19680; SILVER$24 LTP 35950 RES 36100 SUPP 35600, HOLD CARRYOVER LONGS FOR TGTS GIVEN//

MRKT ALERT 8.58 PM

MCX NOV SILVERM TGT EXT UPTO 36300, BUY GIVEN ABOVE 35650. TRAIL SL TO COST.

MRKT ALERT 8.55 PM

MCX NOV SILVERM APP OUR T2 AT 36100, BUY GIVEN AT 35650. CMP 36000.

MRKT ALERT 8.54 PM

MCX NOV SILVERM T1 ACH AT 35900, BUY GIVEN AT
35650.

MRKT ALERT 8.49 PM

MCX NOV SILVERM LOW RISK TRADERS CAN BOOK PART PROFITS UPTO 35800, BUY GIVEN ABOVE 35650. (RESET)

MRKT ALERT 5.52 P

MCX NOV SILVERM APP OUR T1 AT 35900, BUY GIVEN AT 35650. CURRENT HIGH 35860.

SILVER MINI LONGS AT 35650/LOW RISK TRADERS TRAIL SL TO 35580 , CMP 35825.

MCX NOV SILVER MINI CMP 35825/BOOK FURTHER PROFITS/BUY AT 35650.

MCX NIOV SILVER MINI: BOOK PART PROFITS UPTO 35760/BUY GIVEN ABV 35650.

Buy Silver M Nov abv 35650 SL below 35490 T1 35900 T2 36100.

UPDATE AT 9 AM: BASE METALS TRADING HGHER COPPER UP 0.40% CLD OPEN AROUND 375 TO 375.50// SILVER CLD OPEN HIGHER AROUND 35750 TO 35800//CRUDE FLAT TO MARGINALLY HIGHER/OTHER BASE METALS OPEN HIGHER.

TECHNICALS FOR OCT 28
MCX DEC SILVER
SUPP 35500/35330/35180
RES: 35780/35950/36100

BASE METALS UPDATE:BASE METALS OPEN HIGHER IN EARLY TRADES/COPPER LTP373.70 RES 375.50 SUPP 372 LME COPPER$8300, COMMEX COPPER $3.77/BASE METALS FOLLOWING DIRECTION OF USD , YESTERDAY USD STRENGTHENED THIS MORNING MARGINALLY WEAK/YESTERDAYS DATA WAS MIXED , HOME SALES SURPRISINGLY WENT UP SENDING MIXED SIGNALS TO FED ON STIMIMUS EASING/TALKS OF MANIPULATIONS IN SILVER PRICES ALL CONTRIBUTED TO UNCERTAINTY IN ALL COMMODITY!!!

GM OCT 28,7.30AM: CRUDE$81.96 LTP 3670 RES 3715 SUPP 3630 WEEKLY BASIS/NAT GAS$3.78 TRADING MARGINALLY HIGHER, MKTS EXP FAVOURABLE DATA TONITE WHICH HAS BEEN DISCOUNTED IN PRICE? /GOLD $1327 LTP 19445; SILVER $23.67 LTP35614 GOLD FLAT SUPP 19380 RES 19520//SILVER SUPP 35500 RES 35850 EXP TO OPEN MARGINALLY HIGHER//

MCX DEC SILVER NOW HAS RES AT 35950 AND CLD TEST SUPP 35700/35650//LEVELS ONLY.

MRKT ALERT 4.25 PM

HIGH RISK TRADERS HOLDING LONGS MCX NOV SILVERM AS PER BUY CALL LAST NIGHT COVER LONGS UPTO 35880-35920 AND WAIT FOR FRESH ENTRIES AFTER DATA THIS EVENING.

DATA TONITE:6PM CONSUMER DURABLE GOODS ORDERS PREVIUOS 1.7% FORE 0.40%// DURABLE GOODS ORDERS PREV -1.5% SURVEY 1.7% //7.30PM NEW HOME SALES PREV 288K SURVER 301 K// 8 PM CRUDE INVENTORY PREV 0.7M FORE 1.1M//

MARKET ALERT ON OCT 27 WEDNESDAY 10.30 AM IST

Silver looks firm if holds above 36000 till 36400 - 36600.

Sup seen at 35600.

LSI trading around 23.5$ - 24$.

UPDATES FOR OCT 27 2010

OCT 27 WEDNESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 35750 , S2 RS 35505 , S3 RS 35160

R1 RS 36360 , R2 RS 36680 , R3 RS 36980

WAIT FOR CONFIRMATION .

MCX NOV SILVER MINI HIGH 36075/LOW RISK TRADERS BOOK PART PROFITS/ BUY GIVEN YESTERDAY AT 35950/OTHERS HOLD FOR LEVELS.

REMINDER: MKTS CONTINUE TO REMAIN CHOPPY TILL NEXT FED MEET NOV 2 ON ECONOMIC STIMULUS MEASURES/MEMBERS ADVISED BEST TO KEEP BOOKING PROFITS AS AND WHEN ADVISED AS MKT DIRECTION KEEPS CHANGING AGAINST OUR PROJECTED TREND OR TRAIL SL ARD COST AND ENSURE SAFETY OF CAPITAL, ALSO TRADE WITH SL GIVEN/

GM OCT 27,7.30AM:CRUDE $82.41 LTP 3696 RES 3715 SUPP 3665/NAT GAS$3.31 OPENS DOWN ABT 1%/GOLD$1339.20 TREND MILD POSITVE SUPP MCX GOLDMINI NOV AT 19280 CLD TEST RES 19460 PREFER LONGS MCX DEC GOLD POSITVE ABV 19600 RES 19700/19800 SUPP 19450//SILVER$24.04 EXP POSITVE OPEN HOLD CARRYOVER BUYS LAST NIGHT AT 35950 FOR TGTS GIVEN CLD OPEN ARD 36200 TRAIL SL 35580.

MRKT ALERT 9.45 PM

BUY MCX NOV MINI SILVER AT 35950-35980 SL BELOW 35500 TGT 36250/36450. (CARRY OVER CALL)

MRKT ALERT 6.59 PM

MCX NOV SILVERM LOW RISK TRADERS CAN BOOK PART PROFITS UPTO 35200, SELL GIVEN AT 35300.(RESET)

MRKT ALERT 5.53 PM

MCX NOV SILVERM LOW RISK TRADERS CAN BOOK PART PROFIS UPTO 35200, SELL GIVEN AT 35300.

MRKT ALERT 5.36 PM

Sell SilverM Nov below 35300 SL above 35500 T1 35100 T2 34900

UPDATES FOR OCT 26 2010

OCT 26 TUESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 35320 , S2 RS 35050 , S3 RS 34810

R1 RS 35600 , R2 RS 35950 , R3 RS 36300

WAIT FOR CONFIRMATION .

AT 8.15AM: CRUDE $82.18/NAT GAS$3.35( ABT 1% HIGHER)/GOLD$1339,SILVER$23.58 BULLIONS CORRECTING DOWN TO SAME LEVELS AS CLOSE YESTERDAY/BASE METALS TRADING MARGINALLY POSITIVE COPEPR EXP OPEN ARD 381 TO 381.50, NICKEL SUPP 1040 RES 1058/ZINC AND LEAD TRADING HIGHER!!!

GM OCT 26,7.30AM: CRUDE$82.42 LTP 3668 SUPP 3640 RES 3690/NAT GAS #3.34 TRADING MARGINALLY POSITIVE/ GOLD$1343 TRADING HIGHER BY $5 LTP 19557 EXP POSITVE OPEN/SILVER$23.66, LTP 35474 EXP POSITVE OPEN ARD 35650//BASE METALS OPEN HIGHER LME COPPER $8470, COMMEX COPPER $3.88LTP 380 SUPP 377 RES 382.30 EXP OPEN HIGHER 0.50%.

Gold and Silver looks positive. Gold above 19600 if sustains could test 19800 - 19900 again. Silver above 35600 looks positive till 36000 - 36200.

UPDATE AT 7.55 AM: ALL COMM EXCEPT NAT GAS( DOWN OVER 2%) TO OPEN GAP UP!/ CRUDE$82.25 CLD OPEN HIGHER AROUND 3690 TO 3700//BULLIONS : SILVER CLD OPEN UP 1.50%, GOLD ABOUT 1%/; SILVER OPEN ARD 35500,GOLD ARD 19600//ALL BASE METALS HOLDING AT HIGHS ECP OPEN UP ABOUT 1.25% COPPER MORE POSITVE IF SUSTAINS ABV 378 CLD OPEN ARD 378 TO 379//LEAD AND ZINC CLD TGT 113 TO 114 //EXP MORE BULLISHNESS IN BASE METALS IF SUSTAINS ABV RES!!

MARKET ALERT ON OCT 22 FRIDAY 12.40 PM IST


MCX Nov Silver Mini approaching Target 1 at Rs 34900 ,

Current low Rs 34925 .

Sell was advised between rs 35160 to 35220 .

MARKET ALERT ON OCT 22 FRIDAY 11.55 AM IST

MCX Nov Silver Mini traders holding sells as per our call

betwen Rs 35160 to 35220 can book part profits up

to Rs 35060

TRADING CALL FOR OCT 22 FRIDAY 10.15 AM IST

Sell SilverM Nov between 35160 - 35220

SL above 35500

T1 34900

T2 34600

UPDATES FOR OCT 22 2010

OCT 22 FRIDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 34752 , S2 RS 34400 , S3 RS 34000

R1 RS 35300 , R2 RS 35780 , R3 RS 35990

WAIT FOR CONFIRMATION .

BULLIONS CORRECTED DOWN SHARPLY LAST NIGHT ON TECHNICAL PROFIT BOOKING AND STRENGTHENING IN USD BY 0.40% AND ON IMPROVED EMPLOYMENT DATA FROM US, GOLD $1326, SILVER$23.26, SILVER LTP 34940 RES AT 35300 SUPP34800/34700//NOV MINI GOLD LTP 19225/ FURTHER WEAKNESS EXP , SELL MCX NOV MINI GOLD UPTO 19230 TO 19250 SL 19360 AND TGTS 19150/19050//

MARKET ALERT ON OCT 2D1 THURSDAY 10.15 PM IST

MCX Nov Silver Mini tested both supports as recommended

by us below Rs 35500 up to Rs 35250 /

Given as levels .

Next support now seen at Rs 3500 and Res is seen at Rs 35500

MARKET ALERT ON OCT 21 THURSDAY 9.20 PM IST

MCX Nov Silver Mini Weak below Rs 35500 with Res

above Rs 35670 and cld test Rs 35350 / 35250.

Levels only .

MCX NOV SILVER MINI CMP 35910, BOOK FURTHER PART PROFITS AND LOW RISK TRADERS TRAIL SL TO 35690

MCX NOV MINI SILVER: BOOK PART PROFITS AT 35860 LEVELS/BUY GIVEN AT 35750 TO 35780/OTHERS HOLD AS PER LEVELS.

MCX NOV SILVER MINI: BUY AT 35750 TO 35780 SL BELOW 35550 TGT 36000/36200.

Silver if not breaks 35500 on close looks positive abv 35800 till 36100 - 36300 - 36500. Levels

UPDATES FOR OCT 21 2010

OCT 21 THURSDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 35460 , S2 RS 35050 , S3 RS 34750

R1 RS 35760 , R2 RS 36080 , R3 RS 36450

WAIT FOR CONFIRMATION .

MKTS TRADING FLAT: CRUDE $82.26, NAT GAS$3.52, GOLD$1344, SILVER$23.90/BASE METALS TRADING FLAT AT SAME LEVELS.

UPDATE: CRUDE TRADING ABV RES AT 3650 AFTER INVENTORY RES AT 3670 SUPP AT 3625/NAT GAS RES 162 SUPP 156.40//SILVER MINI RES 35800 SUPP 35500 //GOLDM NOV RES 19520 SUPP 19380//COPPER RES 373 LONGS ADVISED ON CLOSE ABV 373//NICKEL RES 1060 SUPP 1040//LEADMINI MOST POSITIVE OF ALL RES 108 SUPP 105.90.

SILVER MINI NOV SHOWING HUGE VOLATILITY , WEAK BELOW 35525 WITH RES AT 35750 AND CLD TEST SUPP 35350/35200//LEVELS ONL.Y

UPDATES FOR OCT 20 2010

OCT 20 WEDNESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 35460 , S2 RS 35050 , S 3RS 34750

R1 RS 35890 , S2 RS 36160 , R 3 RS 36450

WAIT FOR CONFIRMATION .

GM OCT 20; CRUDE$79.80, MCX NIOV CRUDE WEAK IF SUSTAINS BELOW 3648//NAT GAS$3.53 OPENS MARGINALLY HIGHER//GOLD$1336 MCX RES NOV GOLDM AT 19620 AND SUPP 19380 HOLD SELLS AS PER LAST NIGHT CALL// SILVER$23.46 MCX RES 35900 SUPP 35500/35400 OPENS WEAK//

SPOT BULLIONS GOLD AND SILVER SHWING SMART RECOVERY/LOOKS MILD POSITIVE / PREFER NOT HOLD SHORTS!!SILVER$23.89//GOLD$1343.

SILVER UPDATE: LOOKS MARGINALY WEAK BELOW 35800 WITH RES ABV 35900 AND CLD RETEST SUPP 35500/35400//GIVEN AS LEVELS FOR TRADERS HOLDING POSITIONS.

SPOT GOLD HITS LOW $1331.70 CMP $1341 NEXT SUPP AT 1332/1325/1310 /// SPOT SILVER HIT LOW $23.38 CMP $23.75 RES AT $24 SUPP $23.50///

REMINDER: MCX CRUDE OCT CONTRACT EXPIRY IS TONITE OCT 19 INSTEAD OF OCT 20//CRUDE NOV SUPP 3660 RES 3700-3710 //COPPER SUPP 370 RES 374.80//NICKEL SUPP 1040 RES 1061//LEAD RES 107.50 SUPP 105.80//ZINC RES 106.60 SUPP 105.50//NAT GAS SUPP 151.90 RES 158.50//SILVER RES 35950 SUPP 35500//GOLD SUPP 19550 RES 19700//ALL COMM TAKEN STRONG SUPPORTS AT LOWS AND SMALL BOUNCE UP BEING SEEN TILL IMM RES//WAIT FOR ENTRY!!

CHINA'S CENTRAL BANK SAID IT WILL RAISE DEPOSIT AND LENDING RATES BY 0.25% FOR FIRST TIME SINE DEC 2007!!!/NEGATIVE FOR METALS.

mkts seeing small appreciation in usd hence resulting in down side across all commodities//low risk traders cld exit from goldmini and silver mini buys around cost and wait for fresh entrycmp goldmini nov 19750/silver mini 36270.

MCX NOV SILVER MINI: LOW RISK TRADERS BOOK PART PROFITS UPTO 36350/BUY GIVEN AT 36250 TO 36270 /OTHERS HOLD FOR LEVELS.

MARKET ALERT ON OCT 19 TUESDAY 11.15 AM IST

Buy SilverM Nov 2 lots between 36250 - 36280

SL below 36000

T1 36600

T2 36800.

UPDATES FOR OCT 19 2010

OCT 19 TUESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS
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.OCT 19 TUESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 36160 , S2 RS 35860 , S 3RS 35560

R1 R S36500 , R2 RS 36850 , R3 RS 37050

WAIT FOR CONFIRMATION .
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GM OCT 19,7.30AM: GOLD$1168,SILVER$24.31 BULLIONS TRADING AT SAME LEVELS AS CLOSE, SILVER MINI OUR BUY YESTERDAY AT 35650 T3 ACH AT 36400,RUNNING FOR T4 AT 36600( WATCH OUR INR OPEN!!).

MARKET ALERT ON OCT 18 MONDAY 8.30 PM IST


MCX Nov Silver Mini Target 2 Achieved at Rs 36400 .

MARKET ALERT ON OCT 18 MONDAY 8.30 PM IST


MCX Nov Silver Mini approaching Target 3 Rs 36400 ,

cmp Rs 36351 , Book further profits and hold for

Target 4 Rs 36600 .

Buy given at Rs 35650 .

MCX NOV SILVER MINI: T2 ACH AT 36200/BUY AT 35650/HOLD FOR T3.

MCX NOV SILVER MINI: HOLD FOR T3 AT 36400.

MCX NOV SILVER MINI APP T2 AT 36200 CMP 37175 HIGH/BOOK FURTHER PROFITS/BUY GIVEN AT 35650

MRKT ALERT 5.55 PM

MCX NOV SILVERM TRADERS CAN BOOK FURTHER PROFITS UPTO 35980, BUY GIVEN AT 35650-35690.

MRKT ALERT 5.53 PM

MCX NOV SILVERM T1 ACH AT 35900, BUY GIVEN AT 35650-35690.

MCX NOV SILVER MINI APP T1 AT 35900/BUY AT 35650 TO 35680//BOOK FURTHER PROFTS .CMP 35880

MCX NOV SILVER MINI HIGH 35820/BUY GIVEN AT 35650 TO 35680/BOOK FURTHER PROFITS.

MCX SILVER MINI: LOQW RISK TRADERS HOLDING BUYS AT 35650 TO 35680 BOOK PART PROFITS UPTO 35770/OTHERS HOLD AS PER LEVELS.

MARKET ALERT ON OCT 18 MONDAY 2.15 PM IST

Buy SilverM Nov between 35650 - 35690

SL below 35500

T1 35900

T2 36200

UPDATES FOR OCT 18 2010

OCT 18 MONDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 36114 , S2 RS 35986 , S3 RS 35720

R1 RS 36391 , R2 RS 36554 , R3 RS 36711

WAIT FOR CONFIRMATION .

METALS UPDATE; COPPER DOWN ABOUT 0.80% EXP MCX AROUND 372.50 LEVELS AS PER CURRENT TREND//SILVER CLD OPEN AROUND 35800 , GOLD DOWN ABOUT RS 150 /CRUDE CLD OPEN DOWN ABOUT RS 20!!!, AT GAS DOWN BY ABOUT 2 RS.

BASE METAS OPEN MARGINALLY WEAK COPPER DOWN ABOUT 0.40% RES AT 377.50 SUPP 371, EXP OPWN DOWN MARGINALLY AROUND 374 AS PER CURRENT TREND/

BULLIONS UPDATE: EXP SHARP DOWNSIDE OPEN SILVER STRONG SUPP 35800 WEAK BELOW THIS RES 36750 EXP OPEN AROUND SUPP/GOLD SUPP 19650 RES 20000 EXP OPEN DOWN AROUND RS 150.

GM OCT 18,7.20AM: SHARP DONWSIDE IN ALL COMM IN EARLY TRADES/CRUDE $80.909 (DOWN 35 CENTS),NAT GAS$3.48(DOWN ABOUT 1.3%)//GOLD$1358(DOWN OVER$13)SILVER$23.78( DOWN OVER 2%)//BASE METALS TRADING LOWER COPPER DOWN ABOUT 0.50%.

GM OCT 16: FED CHAIRMAN SPEAKS LAST LAST NIGHT FOR NEED FOR INCREASED STIMULUS MEASURES ASINFLATION VERY LOW AND UMEMPLOYMENT VERY HIGH!!

MRKT ALERT 7.55 PM

Gold and Silver looks correction. Gold sup 19680 - 19700, Res 19900. Silver Sup at 35800 - 35600. Res at 36200 - 36500

MRKT ALERT 6.02 PM

Buy SilverM Nov above 36500 SL below 36200 T1 36780 T2 36980.

EXP SILVER OPEN GAP UP ABOUT RS 200 PLUS!!

UPDATES FOR OCT 15 2010

OCT 15 FRIDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 35980 , s2 rs 35680 , s3 rs 35330

S2 R4S 36500 , R2 RS 36850 , R3 RS 37050

WAIT FOR CONFIRMATION .

UPDATE AT 8.30AM: CRUDE AND NAT GAS TRADING FLAT//BASE METALS OPENS FLAT TO MARGINALLY HIGHER//GOLD MARGINALLY HIGHER , SILVER TRADING AT $24.68 OPENS HIGHER ABOUT 1%.

GM OCT 15.7.25 AM: CRUDE$82.76,NAT GAS$3.64(ENERYGY TRADING FLAT)//GOLD$1379,SILVER$24.67 BULLIONS TRADING FIRM EXP TO BE POSITIVE RES SILVER 36750 SUPP 35800 ON WEEKLY BASIS EXP OPEN MARGINALLY HIGHER AROUND 36600 AS PER CURRENT TREND DEPNEDS ON INR//BASE METALS HOLDING AT SAME LEVELS COP RES 377.50 SUPP 370 NICKEL SUPP 1062 RES 1100//INR YESTERDAY APPRECIATED BY 40 PAISE HOLDING BACK COMM FURTHER, WATCH OUT TODAY!!

ALERT; MKTS EXP TO GET MORE CHOPPY, TRADE LESS OR BETTER LOW RISK TRADERS AVOID TRADES FOR NOW TILL CLARITY COMES IN!!!

TRADING CALL FOR OCT 14 THURSDAY 1.20 PM IST

Buy SilverM Nov above 36650

SL below 36480

T1 36950

T2 37250

UPDATES FOR OCT 14 2010

OCT 14 THURSDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 35400 , S2 RS 35150 , S 3RS 34880

R1 RS 35900 , R2 RS 36250 , R3 RS 36560

WAIT FOR CONFIRMATION .

GM OCT 14,7.15AM:COMMODITIES RALLY HIGHER ON WEAKNESS AGAIN IN USD//CRUDE$83.73 EXP POSITIVE OPEN CLD TEST RES 3720 SUPP 3670/NAT GAS$3.67 RES 168 SUPP 162 EXP MARGINAL WEAKNESS//BULLIONS ZOOM.... GOLD$1378 HOLD GOLDMINI NOV FOR T3 GIVEN,SILVER$24.28, OPENS SHARPLY HIGHER OVER 1% CLD HIT RES 36000!!!//BASE METALS OPEN HIGHER COMMEX COPPER$3.85 OPENS HIGHER 0.70% SUPP 373 CLD TEST RES 376.30//

MCX SILVER MINI NOV HIGH 35717 , SUPPORT NOW AT 35350 AND NEXT RES AT 35800/36000, TRADERS IF ANY CONTINUING TO HOLD LONGS CLD FOLLOW THSES LEVELS.

MRKT ALERT 9.07 PM

MCX NOV SILVER STILL POSITIVE WITH IMME SUP AT 35380 AND RES 35600/35700 (LEVELS ONLY)

MRKT ALERT 7.58 PM

MCX NOV SILVERM T3 ALMOST ACH AT 35400, BUY GIVEN AT 34700-34730 YESTERDAY. CURRENT HIGH 35398.

MRKT ALERT 7.40 PM

MCX NOV SILVERM APP OUR T3 AT 35400, BUY GIVEN AT 34700-34730 YESTERDAY. CURRENT HIGH 35374.

MARKET ALERT ON OCT 13 WEDNESDAY 11.55 AM IST


MCX Nov Silver Mini traders holding longs frm our call given

between Rs 34700 to 34730 ,

book more profits at cmp Rs 35130

MARKET ALERT ON OCT 13 WEDNESDAY 10.15 AM IST

MCX Oct Mini Silver Target 1 Achieved at Rs 35050 ,

Buy was given between Rs 34700 to 34750 //

MCX Nov Gold Mini Target 1 Achieved at Rs 19620 ,

Buy was given between Rs 19530 to 19560 .

UPDATES FOR OCT 13 2010

OCT 13 WEDNESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 34600 , S 2RS 34350 , S 3 RS 34050

R1 RS 34950 , R2 RS 35250 , R3 RS 35500

WAIT FOR CONFIRMATION .

LME COPPER RALLIES TO 27 MONTH HIGH $8415!!!

UPDATE AT 8.30AM; BULLIONS INCHING UP FURTHER GOLD$1358.80( UP0.90%), SILVER$23.53( UP 1.5%)MCX OPEN DEPENDS ON INR//CRUDE NAT GAS COPPER OPEN HIGHER.

UPDATE AT 8AM: CRUDE/ NAT GAS HOLDING SAME POSITVE LEVELS/ GOLD AND SILVER TRADING AT HIGHS GOLD$1355 SILVER$23.46 EXP GAPUP OPEN HOLD FOR TGTS FROM YESTERDAY//BASE METALS MARGINALLY DOWN FROM DAY HIGHS,LME COPPER$8348, COMMEX COPPER$3.80 UP ABOUT0.40%,EXP POSITIVE OPEN!!!

GM OCT13,7.05AM: FOMC MINUTES RELEASED LAST NIGHT ACKNOWLEDGES NEED FOR CONTINUED INCREASED STIMULUS,USD WEAKENS , COMMODITIES RALLIES HIGHER//CRUDE$81.92SUPP 3625 RES 3670, NAT GAS$3.66 SUPP 159 RES 164 EXP POSITVE OPEN BOTH//GOLD$1354,SILVER$23.42 EXP HIGHER OPEN BULLIONS HOLD MINIS BUYS AS PER CARRYOVER CALL YESTERDAY //BASE METALS OPEN SHARPLY HIGHER COPPER UP ABOUT 0.80% COMMEX COP$3.82, EXP OPEN GAP UP!!!!

MRKT ALERT 10.00 PM

MCX GOLDM AND SILVERM CARRY WITH SAME SL...!

MRKT ALERT 6.17 PM

MCX Nov Silverm low risk traders can book part profits upto 34820, others can hold for given targets. Buy given at 34700.. (Reset)

MCX NOV SILVER MINI LOW RISK TRADERS BOOK PART PROFITS UPTO 34800/OTHERS HOLD AS PER LEVELS.

REMINDER: BULLIONS HOLDING DUE TO DEPRECIATION IN INR , IN INTL MKTS SILVER SOME TECH CORRECTION CLD COME/HOLD MINIMAL LOTS ONLY, CMP 34690.

hold only minimal lots in silver mini longs as trading below support $23.

international gold and silver seeing some downward correction, but bullions being supported by inr which has depreciated by 32 paise today!!!

Buy SilverM Nov above 34700 - 34730 SL below 34490 T1 35050 T2 35250.

Gold trading little positive and more buying could come above 19700 for new high upto 19800 - 19900. Sup seen below 19600.Silver trading thin between 34600 - 34800 levels. More positive above 34900 on hold. Strong sup at 34550 - 34600.

UPDATE AT 8.40AM: EXP CRUDE, BASE METALS, SILVER, NAT GAS TO OPEN LOWER; GOLD FLAT /WATCH OUT INR OPEN/CRUDE CORRECTED DOWN LAST NIGHT AFTER STTS FROM OPEC STATING THAT PRICES REFLECT CORRECT FUNDAMENTALS AND NO INCREASE IN OUTPUT NEEDED//FOMC MINUTES EXP TO BE RELEASED TONITE WHICH WL STATE EXCAT VIEWS AS SPECULATED IN KTS ABOUT FINANCIAL STIMILUS MEASURES IN US, EXP MKTS TO TRADE SIDEWAYS AND WAIT FOR NEXT MOVE OF USD!!

GM,OCT12,7.30AM: CRUDE$81.60( OPENS WEAK) SUPP 3625 RES 3710//NAT GAS OPENS DOWN OVER 1$,CMP$3.54//GOLD$1351SUPP AT 19500 RES 19750 SILVER$23.16 SILVER TO OPEN LOWER SUPP 34500 RES 35000//LME COPPER$8300 AFTER HIGH $8388, COMMEX COPPER$3.76 TRADING LOWER AROUND 0.50%, EXP BASE METASL OPEN MARGINALLY LOWER.

US MARKETS CLOSED TODAY SO NOT MUCH EXP IN USD TODAY, SOME SMALL PULL BACK CLD BE SEEN/TRADE LES AND WITH STRICT SL.

UPDATES FOR OCT 11 2010

OCT 11 MONDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 34556 , S2 RS 34383 , S 3RS 34214

R1 RS 34869 , R2 RS 34956 , R3 RS 35076

WAIT FOR CONFIRMATION .

BASE METALS OPEN POSITVE DUE TO USD WEAKNESS LME COPPER$8330 , COMMEX COPPER$3.78 EXP OPEN HIGHER ABOUT 0.30% RES 372 SUPP 366//NICKEL SUPP 1074 RES 1094/ALU RES 107.50 SUPP 105.80/MKTS BETTING ON FURTHER STIMIMUS EXTENSIONS THEREBY HOLDING USD AT LOWS!

GM,OCT11,7.10AM: CRUDRE OPENS HIGHER$83.08EXP TEST RES 3700 TO 3710 AT OPEN DEPENDING ON INR OPEN/NAT GAS OPENS MARGINALLY DOWN$3.63//BULLIONS OPEN SHARPLY HIGHER GOLD$1353 EXP OPEN HIGHER AROUND RS 100 RES $1365//SILVER ZOOMS.....$23.55 OPENS HIGHR AROUND2%exp gap up open to test 35000!!! res 35200 supp 34500.

BASE METALS UPDATE: YESTERDAYS DATA WAS BEARISH WITH DECREASE IN GOVT JOBS AND MILD INCREASE IN PRIVATE SECTOR JOBS; MKTS REACTED REVERSE AND BET ON INCREASING FED STIMULUS MEASURES TO SUSTAIN ECONOMY WHICH IN TURN IF DONE CLD WEAKEN FURTHER USD( THIS IS AN ANTICIPATION????)//DOW CROSES 11000 LAST NIGHT!!

GM OCT 9,7.45AM: CRUDE$82.66 REBOUNDED STRONGLY AFTER TESTING SUPP 3580, LOOKS POSITVE ABV 3650 WITH SUPP 3625 AND CLD TEST RES 3690/3720//NAT GAS$3.65 SUPP 59 RES 165//GOLD$1345, SILVER$23.10 SILVER LOOKS POSITVE WITH IMM RES 34650 AND SUPP 34000//BASE METALS RALKLIED SHARPLY LME COPPER ABV $8300 COMMEX COPPER $3.77 MCX RES AT 372 AND SUPP 365.50, NICKEL SUPP 1068 RES 1100//

MRKT ALERT 8.45 PM

MCX GOLD AND SILVER LOOKS POSITIVE, GOLD AGAIN COULD TEST 19650/19800 SUP 19350. SILVER COULD TEST 35000/35300 LEVELS SUP SEEN AT 34200.

MRKT ALERT 8.54 PM

SILVER SPOT IS TRADING FIRM ABOVE $ 23, NEXT LEVEL IS @ $ 24.50.

MARKET ALERT ON OCT 8 FRIDAY 5.20 PM IST


MCX Nov Silver Mini Low risk traders trail sl around cost .

MCX NOV SILVER MINI LOW 33627/SELL ADVISED AT 33760/BOOK FURTHER PROFITS.

mcx nov silver mini:low risk traders holding sells at 33760 book part profts upto 33680 to 33700/others hold for levels.

EXP VOLATILE MOVES IN BASE METALS FROM NOW /TRADE SAFE WTH SL GIVEN ALWAYS AND LESS VOLUMES.

TRADING CALL FOR OCT 8 FRIDAY 11.20 AM IST

Sell SilverM Nov below 33760

SL above 33960

T1 33510

T2 33350

UPDATES FOR OCT 8 2010

OCT 8 FRIDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 33780 , S2 S 33360 , S3 RS 32960

R1 RS 34250 , R2 RS 34560 , R3 RS 34750

WAIT FOR CONFIRMATION .

IMPACT OF JOBS DATA THIS EVENING:WEAK EMPLOYMENT DATA WLD PUT PRESSURE TO RETAIN STIMULUS MEASURES AND EASING FINANCIAL NORMS WHICH WLD WEAKEN THE USD AND SUPPORT BULLIONS// GOOD DATA WOULD STRENGTHEN USD, WEAKEN BULLIONS AND SUPP BASE METALS//ADVICE: TRADE LESS OR LOW RISK TRADERS KEEP AWAY MORNING SESSION, PLS NOTE YESTERDAYS COPPER CALL WAS GIVEN AS HIGH RISK CALL//

METALS UPDATE: ACROSS THE BOARD SELLING LAST NIGHT DUE SMALL RECOVERY IN USD, MKTS EXP WEAK US NON FARM PAYROLL DATA FROM US TONITE, AND PROFIT BOOKING//LME COPPER $8080, COMMEX COPPER$3.69 TRADES MARGINALLY HIGHER AT OPEN MHIS MORNING RES 366 SUPP 359, SEE RANGE BOUND MOVES THIS MORNING, AVOID BIG VOLUME TRADES TILL DATA COMES IN!!!

GM OCT 8,7.30AM: CRUDE$81.26,NAT GAS$3.60( BOTH TRADING MARGINALLY DOWN)//GOLD$1330( CORRECTED SHARPLY FROM HIGH$1366 THURSDAY)SILVER$22.41; BULLIONS CORRECTED SHARPLY DUE: a. profit booking ahead of weekeend b.ahead of US employment data on friday c.currency interventions.

MCX NOV SILVER MINI POSITVE WITH SUPP AT 34650 AND CLD TEST RES 35000/35200./LEVELS/

MCX NOV SILVER MINI LOOKS POSITIVE WITH SUPPORT AT 34650 AND RES AT 35000 TO 35200.//LEVELS FOR HIGH RISK TRADERS.

MARKET ALERT ON OCT 7 THURSDAY 10.00 AM IST

MCX Nov silver mini Target 1 and Target 2 Achieved at

Rs 34700 , buy given yesterday at Rs 31200 to 31250 .

UPDATES FOR OCT 7 2010

OCT 7 THURSDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 34130 , S2 RS 33850 , S3 RS 33650

R1 RS 34500 , R2 RS 34850 , R3 RS 35120

WAIT FOR CONFIRMATION .

UPDATE AT 8.45 AM; CRUDE , GAS HOLDING AT SAME LEVELS/ BASE METALS TRADING MARGINALLY HIGHER , EXP HIGHER OPEN//GOLD AND SILVER ZOOMIN...... GOLD$1352, SILVER $23.33 SILVER OPENS 1% HIGHER OUR TGTS 34500/34700 BOOK ONCE AT SAID LEVELS /WATCH OUT INR OEPN!!

BASE METALS UPDATE:MILD NEGATIVE NON FARM PAYROLL DATA FROM US LAST NIGHT CHECKED THE RALLY IN METALS/US DOLLAR TRADING AT 27 MONTH LOWS /LME COPPER$8270 HIT $8300 YESTERDAY HIGH COMMEX COPPER OPENS MILD HIGHER AT $3.76, SUPP 366 RES 369.10/372/ NICKEL WEEKLY SUPP 1088 RES 1125/TODAYS DATA WEEKLY JOBLESS CLAIMS.

GM OCT7,7.30AM: CRUDE$83.30 LTP 3701, CUPP 3685 RES 3730 LOOKS POSITVE DEPENDS ON INR MOVES TODAY, INVENTORY LAST NIGHT WAS POSITVE WITH DROP IN GASOLINE AND DISTILLATE STOCKS/ NAT GAS$3.86 LTP 172.60 LOOKS POSITVE RES 175 SUPP 171//GOLD$1347, SILVER$23.23 BOTH HOLDING AT HIGHER LEVELS HOLD LONG MINIS AS PER TGTS GIVEN GOLDMINI TGTS 19520/19590, SILVER MINI TGTS 34500/34700.

MRKT ALERT 5.25 PM

Mcx Nov SilverM low risk trades can book part profits upto 34320, buy given at 34200-34250.

MRKT ALERT 11.50 AM

Buy SilverM Nov between 34200 - 34250 SL below 33980 T1 34500 T2 34700.

MARKET ALERT ON OCT 6 WEDNESDAY 10.10 AM IST


MCX Nov silver mini very positive above Rs 34250 with

immediete support seen at Rs 34000 , and cld res at

Rs 34450 / 34550 / 34650 / 34750 .

Levels for traders holding longs .

UPDATES FOR OCT 6 2010

OCT 6 WEDNESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 33850 , S2 RS 33640 , S3 RS 33250

R1 RS 34360 , R2 RS 34750 , R3 RS 34900

WAIT FOR CONFIRMATION .

BASE METALS UPDATE: BASE METALS RALLIED SHARPLY ON JAPANS DECISION TO BRING DOWN INTEREST RATES AND FED STATEMENTS ON INCREASING LIQUIDITY IN MKTS/LME COPPER$8176 COMMEX COPPER$3.72 MCX SUPP 363.50 RES 369/NICKEL SUPP 1088 RES 1115, ALU SUPP 104.50 RES 106.50/ZINC AND LEAD POSITVE/HOLD LONGS AS PER LEVELS GIVEN/COPPER A WEEKLY CLOSE ABV 369 CLD SEE HIGHER LEVELS/BASE METALS TO OPEN HIGHER ABOUT 0.40%, FURTHER WEAKNESS IF SEEN IN USD CLD PUSH UP ALL COMMODITIES!!!

GM, OCT 6,7.15AM: CRUDE$82.69 SUPP AT 3660 RES 3730,3745 LOOKS POSITVE IF HOLDS ABV 3700//NAT GAS$3.78 OPENS HIGHER RES 172 SUPP 166//GOLD$1344 OPENS HIGHER TO NEW RECORD RES 19550 SUPP 19280 HOLD LONGS GOLD MINI AS PER BUY YESTERDAY AT 19280 EXP GAPUP OPEN/SILVER$22.91 RES 34250SUPP33750 EXP GAP UP DEPENDS ON INR!!!!!!!!!

MCX NOV SILVER MINI HIGH 33930/BOOK FULL PROFITS/BUY GIVEN AT 33380.

SPOT SILVER BREACHES $22.50 NEXT TGTS 22.80/23/23.20.

MCX NOV SILVER MINI HIGHG 33750, OUR FINAL T4 TGT 33800// INTRADAY TRADERS START BOOKING FINAL PROFITS/BUY GIVEN AT 33380. CHEERS!!!!!!!!!!!!!!!!

MCX NOV SILVER MINI T3 ACH AT 33700 BUY GIVEN AT 33380/BOOK FURTHER PROFITS /HOLD FOR T4 GIVEN.

MRKT ALERT 6.23 PM

MCX NOV SILVERM T2 ALMOST ACH AT 33600, BUY GIVEN ABOVE 33380. CURRENT HIGH 33599.

MRKT ALERT 5.47 PM

MCX NOV SILVERM APP OUR T2 AT 33600, BUY GIVEN ABOVE 33380. CURRENT HIGH 33548. LOW RISK TRADERS TRAIL SL TO COST.

MRKT ALERT 4.41 PM

MCX NOV SILVERM T1 ACH AT 33500, BUY GIVEN ABOVE 33380.

MRKT ALERT 4.40 PM

MCX NOV SILVERM LOW RISK TRADERS CAN BOOK PART PROFITS UPTO 33490, BUY GIVEN ABOVE 33380.

REVISE SL FOR TRADERS HOLDING SILVER MINIS TO BELOW 33200.

LGD GOLDPOSITVE ABV $1326 CLD TGT $1340 MCX GOLDMINI TERMS AROUND 19500/19600//SILVER MINIPOSITVE ABV 33380 WITH SUPP AT 33300 AND CLD TGT 33500/33600/33700/33800//GIVEN AS LEVELS FOR TRADERS TO OPERATE.

UPDATES FOR OCT 5 2010

OCT 5 TUESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 32800 , S2 RS 32560 , S3 RS 32300

R1 RS 33300 , R2 RS 33560 , R3 RS 33760

WAIT FOR CONFIRMATION .

BASE METALS TRADING MARGINALLY LOWER DUE STRENGTHENING IN US DOLLAR AND EURO CONCERNS//LME COPPER$8040 COMMEX COPPER $3.65 MCX SUPP 359 RES 364 NICKEL SUPP 1060 RES 1078//CLD EXP OPEN WITH MILD WEAKNESS/CHINA OPENS ON OCT 8.

MCX DEC SILVER LOOKS POSITVE ABV 33200 WITH SUPPORTS AT 33100 AND CLD TEST RES 33350/33400.

UPDATES FOR OCT 4 2010

OCT 4 MONDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 33025 , S2 RS 32876 , S3 RS 32741

R1 RS 33335 , R2 RS 33512 , R3 RS 33649

WAIT FOR CONFIRMATION .

GM, OCT4,7.30AM: CRUDE$81.55,TRADING FLAT EARLY,NAT GAS$3.75 OPENS LOWER ABOUT 1%//BULLIONS OPEN HIGHER GOLD HITS HIGH $1320 CMP$1318, SILVER HITS HIGH$22.21, CMP $22.13 MCX OPEN DEPOENDS ON INR OPEN// BASE METALS OPEN MARGINALLY POSITIVE OPENS HIGHER ABOUT 0.40%!!!

BASE METALS RALLIED SHARPLY LME COPPER HIT HIGH$8170 AFTER VERY GOOD CHINA PPI DATA RELEASED YESTERDAY MORNING BEFORE THEIR HOLIDAYS, MCX RAPICES RALLIED SHARPLY BUT WERE MUTES AFTER MIXED DATA FROM US LAST EVENING AS ALSO SHARP APPRECIATION IN INR/./EASING OF STIMILUS MEASURES BY FED CLD WEAKEN THE DOLLAR FURTHER AND PUSH UP COMMODITIES FURTHER, BUT IF DATAS IN COMING WEEK ARE ALSO GOOD WOULD THE FED VENTURE IN TO ANY FURTHER EASING??? COPPER SUPP 358.50 RES 366, NICKEL SUPP 1058 RES 1078, ALUMINIUM SUPP 103.90 RES 106///

GM OCT 2, 9 AM: CRUDE $81.70, SUPP NOW AT 3600 CLD TEST NEXT RES 3650, SHARP RALLY IN INR OVER LAST 3 DAYS HAS HELD BACK PRICES IN MCX//NAT GAS $3.79//GOLD$1317, NEXT RES AT 1325 TO 1330 SUPP NOW AT 1305; SILVER$22.05 RES 22.22 SUPP 21.85 MCX RES 33350 SUPP 32900, BULLIONS MCX PEGGED DOWN DUE SHARP RALLY IN INR, INR NEXT SUPP AT 44 AND 43.60, BULLIONS IN MILD OVER BOUGHT ZONE TECHNICALLY BUT DEPENDS ON NEXT FED MOVE ON EASING STIMULUS MEASURES OR NOT FOR NEXT MOVE, GOLD RALLY IN TACT SO LONG AS @1280 NOT BROKEN!!!!

UPDATES FOR OCT 1 2010

OCT 1 FRIDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 32800 , S2 RS 32560, S3 RS 32300

R1 RS 33120 , R2 RS 33450 , R3 RS 33760

WAIT FOR CONFIRMATION .

GM OCT1,7.40AM: CRUDE$80.14, LTP 3590 CLD TEST RES 3610 SUPP AT 3570/NAT GAS$3.84//GOLD$1309,SILVER$21.83 SUPP 32800 RES 33350//LME COPPER TRADING AROUND$8020 COMMEX COPPER$3.67 OPENS POSITVE SUPP 359 RES 363.50 RANGE BOUND TILL THEN, NICKEL RES 1060 SUPP 1046, ZINC AND LEAD LACKING CLEAR DIRECTION, ALU BULLISG RES 105.30 SUPP 104//CHINA CLOSED FROM TODAY FOR 8 DAYS//DATA TONITE : CONSUMER CONFIDENCE ,ISM MANU DATS EXP TO BE MIXED AND NEUTRAL FO DOLLAR