MCX MARCH SILVER MINI HAS STRONG RES AT 42000- 42100, A BREAK ABV THAT WLL PUSH IT HIGHER!!!

MCX MARCH SILVER MINI HIGH 41994/ BOOK FURTHER PROFITS/

MCX MARCH SILVER MINI:LOW RISK BOOK PART PROFITS UP TO 41940/

MARKET ALERT ON NOV 30 TUESDAY 12.50 PM IST

Buy SilverM Mar between 41860 - 41900

SL below 41680

T1 42200

T2 42400.

Medium Risk

MARKET ALERT ON NOV 30 TUESDAY 12.20 PM IST


Silver buying will come on a strong close of Rs 42000.

Will remain range bound before 42000 .

UPDATES FOR NOV 30 2010

NOV 20 TUESDAY

TRADING LEVELS FOR MORNING SESSION

S 1 RS 41450 , S2 RS 41210 , S 3RS 40900

R1 RS 42050 , R2 RS 42380 , R3 RS 42750

WAIT FOR CONFIRMATION .

UPDATE AT 9AM: BASE METALS CORRECTING DOWN AGAIN/COPPER TRADING FLAT GIVING UP EARLIER GAINS/ CONTRACT EXPIRY DATE, TRADE LESS AS MKTS CLD MOVE ZIG ZAG ANF CHOPPY/BULLIONS FLAT/NAT GAS TRADING LOWER, CRUDE FLAT/

GM NOV 30,7.45AM:GOLD$1367/SILVER$27.22 BULLIONS TRADINGI MILD POSITIVE//CRUDE$85.57 TRADING POSITIVE RES 3970 SUPP 3900, NAT GAS TRADING NEGATIVE BIAS//BASE METALS OPEN HIGHER LME COPPER$8312 UP ABOUT 0.60%,NICKEL UP ABT 1%; ZINC AND LEAD UP OVER1.20%//

STRONG SUPPORTS FOR BULLIONS ARE GOLD$1350 AMD $26.40, A BREAK BELOW THESE LEVE;LS CLD TRIGGER FURTHER SELLING TILL $1320 AND $24.90//

TRADING CALL FOR NOV 29 ONDAY 10.40 AM IST

Sell SilverM March between 40970 - 41020

SL above 41300

T1 40710

T2 40520.

UPDATES FOR NOV 29 2010

NOV 29 MONDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 40858 , S2 RS 40617 , S3 RS 40364

R1 RS 41281 , R2 RS 41516 , R3 RS 41758

WAIT FOR CONFIRMATION .

UPDATE AT 8.10AM:SHARP RECOVERY SEEN IN BASE METALS COPPER TRADING FLAT DOWN ABOUT 0.20% ONLY//SILVER TRADING HIGHER AT $26.88/CRUDE HIGHER AT $84.10/GOLD $1364/NAT GAS TRADING MARGINALLY HIGHER//

UPDATES: EUROPEAN NATIONS AGREE ON 85 BILLION EURO PACK FOR IRELAND BAILOUT/DOLLAR INDEX TRADING ABV 80(CMP 80.46) HOLDING DOWN BASE METALS/SOUTH AND NORTH KOREA TENSIONS CONTI NUE IN WAR OF WORDS/

GM NOV 29,7.30AM:CRUDE$84.01 LTP3862 TRADING MARGINALLY HIGHER RES 3885 SUPP 3820/NAT GAS OPENS MARGINALLY HIGHER LTP 204.20 RES 206 SUPP 201.50//GOLD$1359 LTP 20300 RES 20420 SUPP 20180 EXP OPEN MARGINALLY LOWER ARD RS50 /SILVER$26.74 LTP 40850 TRADING FLAT//BASE METALS OPEN LOWER LME COPPER$8185 DOWN ABT 0.80% LTP 378.10 EXP OPEN AROUND 376 AS PER TREND NOW SUPP 374.50 RES 381/US DOLLAR INDEX 80.40/

MRKT ALERT 6.08 PM

MCX MARCH SILVERM TRADERS HOLDING SELLS CAN BOOK FINAL PROFITS AT 41230, SELL RECOMMENDED AT 41770.

MRKT ALERT 5.08 PM

MCX MARCH SILVERM TGT EXT UPTO 40850 EARLIER TARGET 41150/ SELLS RECOMMENDED 41770 LEVLES/ AMEND SL TO 41450

MRKT ALERT 5.02 PM

MCX MARCH SILVERM APP OUR T3 AT 41150, SELL GIVEN AT 41770 AS LEVELS FOR TRADERS. CURRENT LOW 41220. TRADERS CAN BOOK FURTHER PROFITS.

MRKT ALERT 4.57 PM

MCX MARCH SILVERM BELOW 41450 AS NEXT SUP AS 41150 TRADERS HOLDING SELLS TRAIL SL TO COST AND HOLD FOR THIS TARGET

MRKT ALERT 4.53 PM

MCX MARCH SILVERM OUR TARGET ACH AT 41450, SELL GIIVEN AT 41770 AS LEVELS FOR TRADERS.

MRKT ALERT 4.45 PM

MCX MARCH SILVERM APP OUR TARGET AT 41450, CURRENT LOW 41500, SELL GIVEN AT 41770 AS LEVELS FOR TRADERS. TRADERS CAN BOOK FURTHER PROFITS.

MRKT ALERT 4.17 PM

MCX MARCH SILVERM LOW RISK TRADERS CAN BOOK PART PROFITS UPTO 41670, SELL GIVEN AT 41770 AS LEVELS FOR TRADERS.

MCX MARCH SILVER MINI WEAK BELOW 41770 WITH RES SEEN AT ABV 41950 AND CLD TEST SUPP 41450//LEVELS FOR TRADERS.

MKTS TRADING ZIG ZAG DUE: FEARS THAT EUROZONE CRISIS CLD WORSEN// STATTEMNETS FROM KOREA THAT ESCALATIONS IN TENSION CLD LEAD TO WAR/CHINA MEASURES FOR TIGHTENING ECONOMY//STRENGTHENING USD AND EURO WEAKENS/MEMBERS ADVISED NOT TO TAKE FRESH ENTRY OR TRADE WITH SL GIVEN OR EXIT POSITIONS NEAR COST//

UPDATES FOR NOV 26 2010

NOV 26 FRIDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 41600 , S2 RS 41200 , S3 RS 40800

R1 RS 42300 , R 2RS 42750 , R3 RS 43170

WAIT FOR CONFIRMATION .

MEMBERS ARE ADVISED NOT TO TAKE BIG OR CARRYOVER POSITIONS AS MKT SENTIMENT IS NOT CLEAR DUE TO 2 FACTORS:1. EUROZONE SOVEREIGN CRISI IN IRELAND AND WHETHER IT CLD SPREAD TO SPAIN AND PORTUGAL,UNLESS A SOLUTION OF BAILING IT OUT COMES MKTS UNCERTAIN//2. CHINA HIGH INFLATION AND CONTINUED CHINESE BANK MEASURES BEING TAKEN TO SQUEEZE LIQUIDITY// DOLLAR INDEX AT 79.80, NO DATA FROM US DATA , VOLUMES TO BE THIN//TRADE SAFE!!!!

GM NOV 26,8 AM: BULLIONS TRADIMHG FLAT AT SAME LEVELS SILVER$27.43 LTP 41800 EXP OPEN ARD 41700//GOLD$1372 LTP 20360 EXP OPEM ARD 20350//CRUDE$83.85 LTP3852 SUPP 3820 RES 3890 EXP OPEN NARGINALLY DOWN, NAT GAS LTP202 EXP OPEN MARGINALLY DOWN SUPP 198 RES 205//BASE METALS OPEN LOWER COPPER DOWN ARD 1%, ZINC AND LEAD OPEN LOWER ARD 1.5%//EURO CRISIS WEIGHING ON MKTS USD TRADING MARGINALLY HIGHER//

UPDATES FOR NOV 25 2010

NOV 25 THURSDAY

TRADING LEVESL FOR MORNING SESSION

S1 RS 41680 , S2 RS 41200 , S3 RS 40660

R1 RS 42300 , R2 RS 42750 , R3 RS 43170

WAIT FOR CONFIRMATION ,

NOV 25,7.30AM:CRUDE$83.88 LTP 3840 EXP POSITIVE OPEN ARD 3850 SUPP 3820-3800 RES 3870-3885-3900//NAT GAS LTP207.20 EXP POSITIVE OPEN ARD 209-210 SUPP 205 RES 211//BULLIONS RANGE BOUND GOLD$1371 LTP 20388 SILVER$27.47 LTP 41872 SUPP 41500 RES 42100//BASE METALS TRADING MILD POSITIVE COPPER LTP 378.55 RES 381 SUPP 376 EXP MILD POSITIVE OPEN//

UPDATES FOR NOV 24 2010

NOV 24 WEDNESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 41680 , S2 RS 41600 , S3 RS 40660


R1 RS 42300 , R2 RS 42750 , R3 RS 43170

WAIT FOR CONFIRMATION .

GM NOV 24,7.20AM: CRUDE$81.68 LTP 3765 SUPP 3725 CLD TEST RES AT OPEN AT 3780-3785; NAT GAS CLOSES HIGHER DEC CONTRACT POSITIVE ABV 206 WITH SUPP AT 203 AND RES 208/210;//GOLD$1377 RES $1385-1388 LTP MCX 20508 LOOKS POSITIVE RES 20580-20600 SUPP 20300 /SILVER$27.60 RES AT 27.90, LOOKS EXTREME BULLISH SUPP 41800 CLD TEST RES 42150-42300; MCX MARCH SILVER MINI BULLISH ABV 42300 WITH SUPP 42000 AND CLD TEST RES 42500-42750.

MCX MARCH SILVER MINI POSITIVE ABV 42300 WITH SUPPORT BELOW 42000 AND CLD TEST 42500/42850//LEVELS FOR TRADERS.

MRKT ALERT 12.20 PM

MCX Nov SilverM low risk traders can book part profits upto 42040, Buy given above 41900.

MRKT ALERT 1.12 PM

North Korea on Tuesday Fired shells at South Korean Island causing major damage. South Korean troops fired back and military is on top alert. ( Bullish for Bullions and Dollar )

MARKET ALERT ON NOV 23 TUESDAY 12. 45 PM IST

MCX Nov Silver Mini Low risk traders can book part profits

up to Rs 42040 .

Buy was above Rs 41900 .

MARKET ALERT ON NOV 23 TUESDAY 12.10 PM IST

Buy SilverM Nov 2 lots abv 41900

SL below 41600

Tgt 42250 - 42500.

High Risk

MARKET ALERT ON NOV 23 TUESDAY 12.05 PM IST

MCX Dec Silver now has support at Rs 41700

Res is seen at Rs 42100

CMP Rs 41880

Seems to be having a mild positive bias.

These are trading levels only .

UPDATES FOR NOV 23 2010

NOV 23 TUESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 41561 , S 2RS 41320 , S3 RS 41067

R1 RS 41984 , R2 RS 42219 , R3 RS 42461

WAIT FOR CONFIRMATION .

INR OPENS WEAKER BY 15 PAISE AT OPEN AT 45.57/CLD HOLD UP BULLIONS!!

GM,NOV23,7.20AM: GOLD$1362 MCX LTP21140 RES 20200 SUPP 20020/SILVER$27.67 MCX LTP41760 RES 42000 SUPP 41200// CRUDE$81.73 LTP 3716 SUPP 3690 RES 3750, NAT GAS LTP 192.20//BASWE METALS OPEN FLAT COPPER LTP 376.50 RES 380 SUPP 374//

MRKT ALERT 7.16 PM

ALL COMMODITIES TRADING WITH MILD NEGATIVE BIAS. WAIT FOR FRESH ENTRIES. SILVER SUP AT 41300 RES 41600.

MRKT ALERT 6.12 PM

Buy SilverM Nov 2 lots abv 41600 SL below 41400 Tgt 41800 - 41950. High Risk. Trade Less.

MRKT ALERT 6.08 PM

Market trading choppy. Silver 41600 - 41800.

UPDATES FOR NOV 22 2010

NOV 22 MONDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 41268 , S2 RS 41027 , S3 RS 40774

R1 RS 41691 , R2 RS 41926 , R3 RS 42168

WAIT FOR CONFIRMATION .

US MKTS HAVE SHORT WEEK AS THANKSGIVING WEEKEND ON THURSDAY MKTS CLOSED IN COMMEX/ALL COMM TRADING HIGHER GOLD #1361, SILVER$27.70, CRUDE $82.47//ALL BASE METALS TRADING HIGHER COPPER ARD 0.70% LME COPPER$8465//NICKEL ZINC, LEAD UP ARD 1%//WEEKLY NICKEL POSITIVE CLOSE ABV 1004 SUPP 976// COPPER CLOSE ABV 387//NAT GAS CLOSE ABV 191//

GM, NOV 22, 7 AM: MKTS OPEN HIGHER/ CRUDE$82.42, OPEN UP0.40 CENTS MCX LTP 3753, AS PER TREND NOW MCX ARD 3765/ NAT GAS$4.19 LTP 190.30 OPENS MARGINALLY HIGHER//GOLD$1358 LTP 20095 CLD OPEN HIGHER BY RS 50/SILVER$27.64, UP ARD 30 CENTS LTP 41470 OPENS HIGHER ARD 300RS//BASE METALS TRADING HIGHER AT OPEN( WL UPDATE) LTP 383.15 RES 387 SUPP 381, NICKEL LTP997 RES 1004 SUPP 988//

GM NOV 20 AT 7.30AM: BULLIONS CLOSED STRONG ON WEAKENING IN USD SILVER MCX LTP 41220 RES NOW AT 41600 SUPP 40500 /GOLD LTP 20069 RES 20120 SUPP 20000/ NAT GAS SHOT UP SHARPKLY AND CLOSED AT 188.50 RES 191 ABV WHICH MORE BULLISH/ CRUDE CLOSED FLAT AT 3745 RES 3775 SUPP 3720//BASE METALS CLOSED POSITIVE COPPER RES 387 SUPP 381,NIKCLE LTP 996 RES 1002 SUPP 988//

MRKT ALERT 5.10 PM

MCX NOV SILVERM LOW RISK TRADERS CAN BOOK PART PROFITS UPTO 40900, BUY GIVEN ABOVE 40700. (RESET)

MARKET TALK OF CHINA RAISING RESERVE REQ FOR BANKS BY 0.50% FOR THE SECOND TIME IN 2 WEEKS WEF NOV 29, MAKING MKTS WOBBLY!!!! NOT CONFIRMED YET!!!

MRKT ALERT 4.15 PM

SILVERM NOV T1 ACH AT 40950, BUY GIVEN ABOVE 40700. (RESET)

MCX NOV SILVER MINIl: T2 ACH AT 41200/BUY AT 40700

MCX NOV SILVER MINI APP T2 AT 41200/BOOK FURTHER PROFITS/ HOLD FOR EXT TGTS 41400/41600/TRAIL SL TO 40600.

MCX NOV SILVER MINI CMP 41100/BUY AT 40700/

MCX NOV SILVER MINI CMP 41070/BOOK FURTHER PROFITS.

MCX SILVER MINI NOV: T1 ACH AT 40990.

MARKET ALERT ON NOV 19 FRIDAY 12.30 PM IST

MCX Nov Mini Silver Approaching Target 1 at Rs 40990

Curent high Rs 40920.

Book profits .

MARKET ALERT ON NOV 19 FRIDAY 11.55 AM IST

Buy SilverM Nov above 40700

SL below 40380

T1 40990

T2 41200

UPDATES FOR NOV 19 2010

NOV 19 FRIDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 40150 , S2 RS 38800 , S3 RS 38560

R1 RS 40750 , R2 RS 41350 , R3 RS 41650

WAIT FOR CONFIRMATION .

GM NOV 19,7.30AM: CRUDE$81.95 TRADING FLAT/NAT GAS$4.03 MARGINALLY HIGHER/GOLD$1358 TRADING HIGHER 5$,EXP POSITIVE OPEN HIGHER ABT 50RS/SILVER$27.30 OPEN SHIGHER ABT 35 CENTS EXP OPEN HIGHER ARD 40850 LTP 40460/BASE METALS TRADING FLAT COPPER MARGINALLY LOWER 0.20% LME COPPER$8470 LTP382.70 HIGH YESTERDAY 384.15 SUPP NOW 381 RES 385-387.

MARKET ALERT ON NOV 18 THURSDAY 10.10 PM IST

MCX Dec Silver has now support below Rs 40300

Res is seen at Rs 40700 to 40800.

CMP Rs 40500 .

These are trading levels only .

MRKT ALERT 8.13 PM

MCX MARCH SILVERM MARGINALLY WEAK BELOW 40200 WITH RES AT 20450 AND COULD TEST 40000/39800. (LEVELS ONLY)

UPDATE AT 9 AM: BASE METALS DRIFTING MARGINALLY LOWER/BULLIONS MOVING UP SILVER CLD OPEN GAP UP ARD 39600/GOLD UP ARD RS 125/

GM NOV 18. 7.30AM: GOLD$1347 LTP 19920 EXP OPEN HIGHER ABT RS 100, SILVER $26.10 LTP 39076 EXP HIGHER OPEN ARD 39500/CRUDE$81.05 LTP 3683 EXP OPEN POSITVE RES 3710 SUPP 3665/NAT GAS$4.00 LTP 180.80 SUPP 177.50 RES 183/BASE METALS RALLY HIGHER COPPER OPENS HIGHER ABT 0.80% LME COP $8250/OTHER BASE METALS RALLY HIGHER!!

UPDATE AT 4 PM: CRUDE$81.83( DOWN 50 CENTS MCX ARD 3750/ NAT GAS$3.82/GOLD$1337, GOLD$25.35( BOTH FLAT)/COPPER , ZINC TRADING LOWER ABT 1%, NICKEL HIGHER ABT 1%, ALU MARGINALLY POSITVE, LEAD MARGINALLY LOWER/

UPDATE AT 12 NOON: GOLD$1339 LOW $1332 HIGH$1342( SAME LEVELS AS MCX CLOSE)/SILVER CMP$25.33 HIGH 25.51 LOW 25.26( SAME LEVELS AS MCX CLOSE)// CRUDE$82.34 NAT GAS$3.80( NO CHANGE)// COPPER TRADING LOWER ABT 0.70%,NICKEL TRADING HIHGHER ABT 1%, LEAD LOWER 0.70%/ALU AND ZINC FLAT//

GM NOV 17,8.10AM:ALL COMM CRASHED LAST NIGHT AFTER FEARS OF CHINA ,KOREA INTEREST RATE INCREASE AFTER INFLATION HITS NEW HIGHS,EURO SOVERIEGN CONCERNS AND SHARP STRENGTHENING IN USD/GOLD CMP$1334, CLOSE TO YESTERDAYS LOW 1329.80 LTP 19927, EXP MCX JAN GOLD MINI TO TEST 19900/SILVER$25.30 LAST NIGHT LOW $25 MCX LTP 38750 BELOW$25 EXP FURTHER WEAKNESS//

MRKT ALERT 9.31 PM

CORRECTION : MCX NOV SILVERM T3 ALMOST ACH AT 38500, CURRENT LOW 38501, SELL GIVEN AT 39040-39080

MRKT ALERT 9.18 PM

MCX NOV SILVERM T2 ACH AT 38600, APP OUR T3 AT 38500, CURRENT LOW 38550, SELL GIVEN AT 39040-39080.

MRKT ALERT 8.27 PM

MCX NOV SILVERM T2 ALMOST ACH AT 38600, SELL GIVEN AT 39040-39080, TGT EXT UPTO 38500. CURRENT LOW 38601.

MRKT ALERT 6.45 PM

MCX NOV SILVERM APP OUR T2 AT 38600, SELL GIVEN AT 39040-39080, CURRENT LOW 38655.

MRKT ALERT 6.40 PM

MCX NOV SILVERM TRADERS CAN BOOK FURTHER PROFITS UPTO 38700, SELL GIVEN AT 39040-39080.

MRKT ALERT 4.54 PM

MCX NOV SILVERM T1 ALMOST ACH AT 38800, CURRENT LOW 38810, SELL GIVEN AT 39040-39080.

MRKT ALERT 4.46 PM

MCX NOV SILVERM LOW RISK TRADERS CAN BOOK PART PROFITS UPTO 38960, SELL GIVEN AT 39040-39080.

SILVER HAS TO SUSTAIN BELOW 38950 TRADING TIGHT BETWEEN 39000 TO 39050/TRAIL SL AT 39170.

MARKET ALERT ON NOV 16 TUEASDAY 11.50 AM IST



MCX Nov Mini Silver tarders holding sells as per our call given

between Rs 39080 to 39040 can book part profits up

to Rs 38940.

CMP Rs 38960 .

TRADING CALL FOR NOV 16 TUESDAY 11.20 AM IST

Sell Silver mini between Rs 39040 to 39080

Sl above Rs 39320

Target 1 38800

Target 2 Rs 38600 .

UPDATES FIOR NOV 16 2010

NOV 16 TUESDAY

TRADI NG LEVELS FOR MORNING SESSION

S1 RS 39100 , S2 RS 38500 , S3 RS 38000

R1 RS 40125 , R2 RS 40650 , R 3 RS 40980

WAIT FOR CONFIRMATION .

GM NOV 16,7.40AM: CRUDE$84.34 DOWN 0.50 CENTS LTP 3854 EXP OPEN LOWER ARD 3840 SUPP 3818 RES 3875/NAT GAS$3.86//GOLD$1359 LTP 20220 RES 20280 SUPP 20100 EXP MARGINALLY WEAK OPEN, SILVER$25.63 LTP 39550 SUPP 39300 RES 39750 EXP WEAK OPEN CLOSE TO SUPPORT, MORE WEAKNESS BELOW 39000; WEAK INR HELD BULLIONS YESTERDAY FROM FALLING FURTHER!!/BASE METALS OPEN WEAK COPPER DOWN 0.40% LTP392.30 SUPP 389 RES 393-394.40/ZINC, LEAD SHARPLY DOWN.

MRKT ALERT 7.20 PM

MCX NOV SILVERM LOW RISK TRADERS CAN BOOK PART PROFITS UPTO 39130, SELL GIVEN AT 39310-39370. (RESET).

INR HAS DEPRECIATED BY 35 PAISE AGAINST THE USD WHICH IS HOLDING BULLIONS //TRADERS HOLDING SELLS TRADE LESS AND WITH STRCI SL/ KEEP BOOKING AS AD WHEN ADVISED OR LOW RISK TRADERS TRAIL SL ARD COST/ SILVER STRONG SUPP 39000 FURTHER WEAKNESS BELOW THIS LEVELS/

MARKET ALERT ON NOV 15 MONDAY 11..30 AM IST

MCX Nov Mini Silver traders holding sells as per

our call given between Rs 39310 to 39370

can book further profits at CMP Rs 39160 .

MARKET ALERT ON NOV 15 MONDAY 11.15 AM IST


MCX Nov Mini Silver Traders holding sells between rs 39310

to 39370 can book part profits at cmp Rs 39233.

TRADING CALL FOR NOV 15 MONDAY 10.25 AM IST

Sell SilverM Nov between 39310 - 39370

SL above 39660

T1 39000

T2 38700.

UPDATE AT 9 AM: CRUDE$85 SLIPS DOWN TO SAME CLOSE LEVELS/ COPPER MARGINALLY HIGHER 0.30%, NICKEL TRADING HIGHER OVER 2%, ZINC TRADING LOWER ARD 1%, LEAD DOWN ABT 0.70%/BULLIONS CORRECTING DOWN TO CLOSE LEVELS SILVER$26.05, GOLD$1367/UNCERTAINTY OF CHINA LIKELY RATE HIKE WEIGHING IN COMMODITIES!!!

GM NOV 15, 7.40AM: CRUDE$85.39 OPENS MARGINALLY HIGHER BY 0.50 CENTS,LTP 3830 RES 3860 SUPP 3810/NAT GAS$3.81 SUPP 171 RES 176/GOLD$1373, SILVER$26.32 BULLIONS OPEN MARGINALLY HIGHER/BASE METALS OPEN HIGHER COPPER OPENS HIGHER ARD 1% IN EARLY TRADES/

MRKT ALERT 10.52 PM

MCX NOV SILVERM ALMOST TESTED OUR LEVELS AT 39100, CURRENT LOW 39106.

MRKT ALERT 10.35 PM

MCX NOV SILVERM WEAK BELOW 39350 WITH RES ABOVE 39500 AND COULD TEST SUP 39100/38900. (LEVELS ONLY).

MRKT ALERT 10.30 PM

MCX MAR SILVERM SELL ADVISED AT 40370 APP OUR T2 39460. CURRENT LOW 39500 BOOK FULL PROFITS (SELL GIVEN FOR HIGH RISK TRADERS)

MRKT ALERT 9.35 PM

MCX MARCH SILVERM T1 ACH AT 39720/ SELLS ADVISED 40400 THIS MORNING BOOK PROFITS.

MRKT ALERT 8.11 PM

MCX NOV SILVERM APP OUR T2 AT 40600, BUY GIVEN AT 40200. CURRENT HIGH 40549.

MRKT ALERT 7.47 PM

MCX NOV SILVERM T1 ACH AT ACH AT 40400, BUY GIVEN AT 40200.

MRKT ALERT 7.40 PM

MCX NOV SILVERM APP OUR T1 AT 40400, BUY GIVEN AT 40200, HIGH CAME AT 40345. TRADERS CAN BOOK FURTHER PROFITS.

REMINDER: KEEP BOOKING PROFITS AS AND WHEN ADVISED AS MKTS EXP TO REMAIN VOLATILE//

MARKET ALERT ON NOV 12 FRIDAY 4.20 PM IST


MCX Nov Silver Mini Book part profits up to Rs 40330 ,

Buy given at Rs 40200 .

Buy SilverM 2 lots nov abv 40200 SL 40000 Tgt 40400 - 40600. Exit shorts if u have.

COPPER AND SILVER MINI CLD SHOW MILD POSITVENESS ABV 388 AND 40200/PROTECT POSITIONS.

MARKET ALERT ON NOV 12 FRIDAY 1.40 PM IST

MCX March Silver Mini Book further profits up to

Rs 40175 ,

Sell given at Rs 40370 .

MARKET ALERT ON NOV 12 FRIDAY 1.10 PM IST

MCX March Silver Mini Sell high risk sell at Rs 40370 ,

Book part profit at CMP Rs 40190

MARKET ALERT ON NOV 12 FRIDAY 11.00 AM IST

High risk

Mcx March Mini Silver Sell 2 at 40370-40400

SL abv 40920

TGT 39720/39460

Low risk traders Avoid

UPDATES FOR NOV 12 2010

NOV 12 FRIDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 40100 , S 2 RS 39640 , S3 RS 39230

R1 RS 40950 , R2 RS 41450 , S3 RS 42000

WAIT FOR CONFIRMATION ,

GM, NOV 12, 8.15 AM:G20 MEET ON AT SEOUL EXP CURRENCY FLUCTUATIONS,/USD STRENGTHENS AS EURO SOVEREIGN CRISIS FEARS LINGERS/ALL COMM TRADING LOWER CRUDE ARD $86.76 DOWN ABOUT 40RS CLD TEST SUPP 3850 /NAT GAS TRADING LOWER 0.60%/GOLD$1398, SILVER$27.25/BASE METALS LOWER COPPER DOWN ABT 0.70%/

REMINDER: US MKTS CLOSED TODAY FOR COMMODITIES/NO VOLUMES EXP TONITE/

UPDATES FOR NOV 11 2010

NOV 11 THURSDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 39450 , S2 RS 38900, S3 RS 38500

R1 RS 40500 , R2 RS 41130 , R3 RS 41650

WAIT FOR CONFIRMATION .

GM NOV 11: US MKTS CLOSED TODAY/CRUDE$88.05 INVENTORY DATA LAST NIGHT POSITIVE LTP 3901, RES 3920, 3940 SUPP 3860 ; NAT GAS$4.07 LTP 182.20 SUPP 180 RES 185/GOLD$1404 LTP 20235, SILVER $27.42 LTP 39899/BASE METALS TRADING MARGINALLY POSITIVE COPPER UP ABT0.30% LTP 389.65 SUPP 387 RES 393/NICKEL LTP 1077 SUPP 1070 RES 1090/METALS DRAG DOWN DUE FRESH EUROZONE ISSUES AND LOWER CHINA IMPORTS!!

MARKET ALERT ON NOV 10 WEDNESDAY 12.10 PM IST


MCX Nov Silver Mini Target 2 Achieved at Rs 40400 .

Sell was between rs 40880 to 40940 .

MARKET ALERT ON NOV 10 WEDNESDAY 12.45 PM IST


MCX Nov Mini Silver Target extended to Rs 40250 .

MARKET ALERT ON NOV 10 WEDNESDAY 12.40 PM IST


MCX Nov Mini Silver Target 1 Achieved at Rs 40600 .

Sell was between Rs 40880 to 40940

MARKET ALERT ON NOV 10 WEDNESDAY 10.40 AM IST

Sell Silver Mini 2 Lots Between 40880 to 40950

Stop loss above 41150

Target 1 40700

Target 2 Rs 40500

THIS IS A HIGH RISK CALL .

UPDATES FOR NOV 10 2010

NOV 10 WEDNESDAY

TRADING LEVELS FOR MORNING SESSION

S 1 RS 41900 , S2 RS 40900 , S 3RS 39810

R1 RS 43150 , R2 RS 43900 , R3 RS 44500

WAIT FOR CONFIRMATION .

SILVER DOWN SHARPLY CMP $27.63, HIGH LAST NIGHT $29.33 MCX HIGH 43174 EXP OPEN SHARPLY DOWN ABT 1000 POINTS!!!!

GM NOV 10, 7.40AM: USD GAINS OVERNIGHT COMMODITIES SLIP/ CRUDE $86.80 LTP 3873 RES 3900 SUPP 3850/NAT GAS$4.21/BULLIONS COME DOWN SHARPLY GOLD$1402 HIGH LAST NIGHT 1424 LTP 20478 RES 20580 SUPP 20300//BASE METALS DONW IN EARLY TRADE COPPER LTP395.20 HIGH 396.25, RES 397 SUPP 391//ZINC AND LEAD POSITIVE/NICKEL SUPP 1080 RES 1100-1104/COPPER TRADOING DOWN 0.80% IN EARLY TRADES/

MCX NOV SILVER MINI/T1 ACH AT 41300 CMP 41420/TRADERS HOLDING LONGS BOOK PART PROFITS , TRAIL SLT OP COST AND HOLD FOR EXT TGTS 41700.

Buy SilverM Nov between 41000 - 41040 SL below 40750 T1 41300 T2 41500

UPDATES FOR NOV 9 2010

NOV 9 TUESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 40560 , S 2RS 40150 , S 3RS 39810

R1 RS 41110 , R2 RS 41450 , R3 RS 41760

WAIT FOR CONFIRMATION .

UPDATE AT 8.15AM: BULLIONS ZOOMINGGGG GOLD$1413 EXP MCX AROUND 20400 TO 20450; SILVER$27.97 MCX ARD 40800-40850//BASE METASL RALLYING HIGHER COMMEX COPPER$3.98 UP ARD 0.50%/CRUDE$86.88//

GM NOV 9,7.40AM: BULLIONS ZOOM GOLD$1408 HIGH 1409 LTO 20305 HIGH 20375; SILVER$27.86 TRADING AT HIGHS MCX LTP 40568 HIGH 40865/CRUDE$86.75 SUPP 3820 RES 3890-3900/NAT GAS $4.13 NEXT RES 185 EXP POSITIVE OPEN//BASE METALS TRADING AT SAME LEVELS COP SUPP 383 RES 390-392//NICKEL POSITIVE ABV 1088 SUPP 1068//ZINC POSITIVE SUPP 109 RES 11.50//SMALL STRENTHENING IN USD LAST NIGHT HELD BACK BASE METALS/

MRKT ALERT 11.38 PM

MCX NOV SILVERM TESTED OUR RES AT 40500/40600, CURRENT HIGH 40841.

MRKT ALERT 10.21 PM

MCX NOV SILVERM T2 ACH AT 39950, BUY GIVEN AT 39430-39480.

MRKT ALERT 10.13 PM

MCX NOV SILVERM APP OUR T2 AT 39950, BUY GIVEN AT 39430-39480. CURRENT HIGH 39914.

MRKT ALERT 6.53 PM

MCX NOV SILVERM T1 ACH AT 39800, BUY GIVEN AT 39430-39480.

MRKT ALERT 6.01 PM

MCX NOV SILVERM APP OUR T1 AT 39800, BUY GIVEN AT 39430-39480. CMP 39700.

MRKT ALERT 5.00 PM

MCX NOV SILVERM LOW RISK TRADERS CAN BOOK PART PROFITS UPTO 39550, BUY GIVEN AT 39430-39480. (RESET).

Buy SilverM Nov between 39430 - 39480 SL below 39260 T1 36800 T2 39950

TECHNICALS FOR NOV 8

MCX DEC SILVER

SUPP:39250/39100/38900

RES: 39480/39600/39750

WAIT FOR CONFIRMATION

GM NOV 8,8.15AM: ALL COMM HOLDING AT SAME LEVELS/ CRUDE ARD $86.90 LTP 3848 SUPP 3800 RES 3860/ NAT GAS OPENS HIGHER $3.98/GOLD$1390, SILVER$26.70( HIT HIGH 26.898 IN EARLY TRADES)/BASE METALS TRADING FLAT TO MARGINALLY POSITIVE COPPER LTP 386.25 RES 389 SUPP 383/NICKEL LTP 1087 RES 1094 SUPP 1075/ZINC AND LEAD SUPP 110 RES 113/SMALL PULLBACK IN USD IN EARLY TRADES/

GM, NOV 6: BULLIONS CLOSES AT HIGHS GOLD$1393.50 MCX APPROX 19980/SILVER$26.70 MCX APPROX 39000// BAE METALS CLOSE SAME LEVELS MCX COPPER ARD 385 TO 385.50/CHILE STRIKE CONTINUES, MANAGEMENT MAY RENEGOTIATE, LME COPPER $8670 APPROX WITHIN 200$ OF 2008 HIGH $8880//CRUDE $77.40 CLOSES AT HIGHS MCX RES AT 3860 SUPP 3790 ENDS POSITIVE//POSITIVE EMPLYMENT DATA LAST TONITE STRENGTHENS USD MARGINALLY!

UPDATE: GOLD CMP $1397(MCX ARD 19950)/SILVER$26.85HIGH 26.91(MXC AROUND 39000+++)//

POST MKT CLOSE GOLD RISES AGAIN TO HIGH CMP$1391/HIGH 1393.65 /// SILVER CMP $26.50/HIGH $26.64///

UPDATE AT 4.15PM:ALL COMM HAVE CORRECTED DOWN SINCE MORNING/GOLD HIGH $1393 CM 1384; SILVER HIGH $26.64 CMP 26.05/CRUDE$86.65 MORNING HIGH 87.12/BASE METALS TRADING MARGINALLY HIGHER EXP POSITVE OPEN LME COPPER HIGH $8742 CMP 8675/MKTS AWAIT US JOBLESS REPORT LATER THIS EVENING//

GM NOV 5 HAPPY DIWALI:ALL COMM ZOOM!!!! CRUDE$86.88( MORE POSITIVE ABV 3815 WITH SUPP 3790 AND RES 3835, SHORT TERM TREND BULLISH), NAT GAS$3.88/GOLD$1389 HIGH $1392/SILVER RALLYING HIGH $26.57 AROUND MCX 38500//BASE METASL UP SHARPLY AFTER CHILE COPPER MINES DECIDED TO STRIKE FROM THIS MORNING, COPPER UP OVER 1.5%NEXT RES 385 MORE POSITVE ON CLOSE ABV 385//

MRKT ALERT 6.30 PM

MCX NOV SILVERM TESTED OUR LEVELS 2 AT 37850, GIVEN AS POSITIVE ABOVE 37500 LEVLES.

MRKT ALERT 5.55 PM

MCX NOV SILVERM TESTED OUR LEVELS AT 37750, GIVEN AS POSITIVE ABOVE 37500 LEVLES.

MCX NOV SILVER MINI TRADING ABV RES 37500 NEXT CLD TEST NEXT RES 37750-37850 WITH SUPPORTS AT 37350/LEVELS.

TEAM AKSHAYA WISHES YOU AND YOUR FAMILY A VERY HAPPY DIWALI.

Gold dollar bounced sharply from 1330 $ to close near its sup of 1350$. Market closing between 1350 $ - 1360$. More buying above 1360$. Gold prices went up sharply by gap up. more buying could come above 19700.
Silver dollar also recovered sharply. Looks firm on a hold above 25$. Silver prices could go up above 37500 levles.

UPDATES FOR NOV 4 2010

NOV 4 THURSDAY

TRADING LEVELS FOR MORNING SESSION

SUPPORT 1 RS 37150 , S2 RS 36850 , S3 RS 36500

R1 RS 36850 , R 2RS 37350 , R3 RS 37650


WAIT FOR CONFIRMATION .

BASE METALS PULL UP SHARPLY IN EARLY TRADES COPPER LTP 373 OPENS OVER 1% HIGHER RES 378 SUPP 370//NICKEL LTP 1040 SUPP 1035 RES 1068//ZINC AND LEAD CLD OPEN UP SHARPLY//

UPDATE: USD WEAKENS AFTER STIMULUS PACK BY FED/CRUDE$85.20 LTP 3770 SUPP 3730 AND CLD TEST RSE 3795/3810 CLD OPEN POSITVE/NAT GAS #3.83/GOLD$1356 EXP STRONG GAP UP OPEN/SILVER HIT HIGH $25.17 AT 30 YEAR HIGHS EXP BIG GAP UP OPEN AT NEW HIGHS RES AT 37500,IF SUSTAINS ABV $25.05 CLD TEST NEXT LEVELS $25.50-$26//

GM NOV 4, 7.10AM: FED ANNOUNCES 600MN STIMULUS PACKAGE, KEEPS INTEREST RATES UNCHANGED AT 0.25%/USD WEAKENS// SILVER ZOOMS TO LIFE HIGH AT $25.15 HIGH/GOLD$1356/CRUDE $85.15/BASE METALS RALLY SHARPLY HIGHER//

MRKT ALERT 6.14 PM

Market again trading zig zag without clear direction. Silver around 37100 - 37300

MRKT ALERT 5.28 PM

MCX NOV SILVERM UPDATE TRADING AT RES 25$ MCX 37260 A BREAK OF THIS COULD TEST HIGHER LEVELS 37500/37600 IMM SUP NOW SEEN AT 36900.

MARKET ALERT ON NOV 3 WEDNESDAY 6.30 PM IST

MCX Dec Silver now has support below Rs 37100

Res is seen at Rs 37500 / 37650

cmp Rs 37280.

UPDATES FOR NOV 3 2010

NOV 3 WEDNESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 36950 , S2 RS 36780 , S 3RS 36560

R1 RS 37450 , R2 RS 37650 , R3 RS 37860

WAIT FOR CONFIRMATION .

BASE METALS TRADING FLAT AT SAME LEVELS AS CLOSE/COPPER LTP 376.40 RES 378 SUPP 375/NICKEL LTP 1046.50 SUPP 1039 RES 1061/ALU CLOSED VERY POSITVE 107.70/ZINC AND LEAD CLOSED DOWN DUE HIGH LME INVENTORIES/MKTS WAIT FED ANNOUNCEMENTS LATER TODAY AS USD WEAKENS/DOLLAR INDEX TRADING BELOW 77/EURO VS USD ABV 1.40//

GM NOV 3,7.10AM:MKTS WAIT FOR FED ANNOUNCE MENTS LATER THIS EVENING/USD WEAKENSIN ANTICIPATION/CRUDE HITS HIGH$84.50 , CMP 84.30 MCX HIGH 3753 LTP 3736 RES 3770 SUPP 3720/NAT GAS$3.86/GOLD$1355 LTP 19705; SILVER$24.77 LTP 37145 POSITVE ABV $25 MCX ABV 37500 SUPP 36850/

MRKT ALERT 6.10 PM

Buy SilverM Nov 2 lots between 37120 - 37160 SL below 36930 Tgt 37320 - 37420.

UPDATES FOR NOV 2 2010

NOV 2 TUESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 36780 , S2 RS 36480 , S3 RS 36050

R1 RS 37190 , R2 RS 37470 , R3 RS 37850

WAIT FOR CONFIRMATION .

FED MAY ANNOUNCE FIRST STIMULUS PACKAGE OF $500 MILLION TREASURY PURCHASES TONITE/WILL IMPACT USD/CRUDE HOLDING AFTER STRONG CHINA MANUFACTURING DATA//

GM NOV 2, 7.30AM: CRUDE$83.20 LTP 3724 OPENS MARGINALLY HIGHER RES 3758 SUPP 3670/NAT GAS$3.80 WEAK BELOW 175/GOLD$1353 LTP 19713/SILVER$24.70 LTP36950 SUPP 36800,36600 RES 37250 EXP OPEN MARGINALLY HIGHER//BASE METALS TRADING FLAT TO MARGINALLY DOWN, COPPER LTO 373 RES 375.50 SUPP 371/EXP ZIG ZAG TRADES MORNING TILL FED POLICY RELEASE LATER TONITE, TRADE LESS , WAIT FOR CLARITY/RBI CREDIT POLICY TODAY TO DECIDE NEXT MOVE OF INR/USD GAINS MARGINALLY/

MRKT ALERT 7.41 PM

EXIT LONGS IN SILVERM AND WAIT FOR FRESH ENTRIES.

BUY MCX MARCH SILVER MINI AT 37600 TO 37630 SL 37300 TGT 37900/38100//PLS NOTE IT IS MARCH SILVER MINI!!!!

UPDATES FOR NOV 1 2010

NOV 1 MONDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 37003 , S2 RS 36862 , S3 RS 36709

R1 RS 37226 , R2 RS 37361 , R3 RS 37501

WAIT FOR CONFIRMATION .

Silver surged to more than $25 an ounce for the first time in three decades as a weaker dollar increased the investment appeal of precious metals,gold was little changed. Silver for immediate delivery rose as much as 1.1 percent to $25.005 an ounce, the highest price since March 1980, as the dollar declined against a six-currency basket for a third day.

UPDATE AT 8.10AM; BASE METALS RALLING HIGHER COPPER UP OVER 1%, ZINC UP ABOUT 1.5%, NAT GAS UP ABT 1%, SILVER UP ABOUT 1%//MKT EXPECTS STIMULUS PACKAGE RANGE 500 MILLION TO 1 TRILLION DOLLARS!!!!

BASE METALS OPEN SHARPLY HIGHER ON WEAKNESS IN USD /COPPER OPENS HIGHER ARD 0.80%, NICKEL ARDS 0.60%, ZINC AND LEAD OPEN ABOUT 1% HIGHER!!

GM NOV 1,7.15AM:ALL COMM OPEN HIGHER AS FED MEETS TODAY AND TOMORROW ON DECISION ON QUANTITATIVE EASING AND STIMULUS MEASURES, USD OPENS WEAKER IN EARLY TRADES!!/ CRUDE$81.86 ( UP 0.40 CENTS)LTP 3626 SUPP 3600 RES 3675; NAT GAS$4.06 OPENS HIGHER 0.50%/GOLD$1358 HITS HIGH $1365 IN EARLY TRADES LTP 19798 STRONG RES AT $1365 MCX 19850/SILVER$24.85 HITS HIGH $25 IN EARLY TRADES LTP 37059 RES 37300 SUPP 36750, EXP POSITIVE OPEN SILVER ARD 37180 TO 37200//