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Tuesday, May 31, 2011
UPDATES FOR MAY 31 2011
MAY 31 TUESDAY
TRADING LEVELS FOR MORNING SESSION
S1 RS 56300 , S2 RS 56150 , S3 RS 54100
R1 RS 56800 , R2 RS 59200 , R3 RS 60300
WAIT FOR CONFIRMATION .
TRADING LEVELS FOR MORNING SESSION
S1 RS 56300 , S2 RS 56150 , S3 RS 54100
R1 RS 56800 , R2 RS 59200 , R3 RS 60300
WAIT FOR CONFIRMATION .
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 /
Monday, May 30, 2011
MRKT ALERT 7.10 PM
MCX JUN SILVER MINI OUR T1 ALMOST ACH AT 57750, CMP 57705, BUY GIVEN AT 57420-57460...!!!
UPDATES FOR MAY 30 2011
MAY 30 MONDAY
TRADING LEVELS FOR MORNING SESSION
S1 RS 57140 , S2 RS 56860 , S3 RS 56548
R1 RS 57800 , R2 RS 58069 , R3 RS 58384
WAIT FOR CONFIRMATION .
TRADING LEVELS FOR MORNING SESSION
S1 RS 57140 , S2 RS 56860 , S3 RS 56548
R1 RS 57800 , R2 RS 58069 , R3 RS 58384
WAIT FOR CONFIRMATION .
Friday, May 27, 2011
MRKT ALERT 7.13 PM
MCX JUN SILVER MINI OUR T1 ACH AT 57790 AND OUR T2 ALMOST ACH AT 57900, CURRENT HIGH 57887 TRADERSA CAN BOOK PROFITS, BUY GIVEN ABOVE 57450...!!!
MRKT ALERT 6.54 PM
MCX JUN SILVER MINI TRADERS CAN BOOK
PART PROFITS UPTO 57620, BUY GIVEN AT 57450 AS LEVELS FOR TRADERS...!!!
PART PROFITS UPTO 57620, BUY GIVEN AT 57450 AS LEVELS FOR TRADERS...!!!
MRKT ALERT 6.20 PM
MCX JUN SILVER TRADING ABOVE RES 57450-57500 AND SUP AT 57260 AND COULD TEST RES 57730-57900/ LEVELS FOR TRADERS.
MRKT ALERT 4.47 PM
Silver next momentum could be seen only on a break either 57000 or 57500 and hold.
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//
Thursday, May 26, 2011
MRKT ALERT 7.03 PM
MCX JUN SILVER MINI TRADERS HOLDING LONGS ABOVE 54900 CAN BOOK PART PROFITS UPTO 57020...!!!
MRKT ALERT 6.44 PM
MCX JUN SILVER MINI POSITIVE ABOVE 56900 WITH SUP AT 56700 AND COULD TEST RES AT 57350-57650...!!!
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/
Wednesday, May 25, 2011
MRKT ALERT 8.57 PM
MCX JUN SILVER MINI OUR TGT ALMOST ACH AT 57480, CURRENT HIGH 57457 TRADERS CAN BOOK FULL PROFITS, BUY GIVEN ABOVE 56850...!!!
MRKT ALERT 8.45 PM
MCX JUN SILVER MINI TRADERS CAN BOOK FURTHER PROFITS UPTO 57190, GIVEN AS LEVELS POSITIVE ABOVE 56850 AS LEVELS FOR TRADERS...!!!
MRKT ALERT 7.56 PM
HNI : MCX JUN SILVER MINI TRADERS HOLDING
LONGS ABOVE 56850 CAN BOOK PART PROFITS UPTO
56990...!!!
LONGS ABOVE 56850 CAN BOOK PART PROFITS UPTO
56990...!!!
MRKT ALERT 7.22 PM
HNI : MCX SILVER MINI JUN POSITIVE ABOVE 56850 WITH SUP AT 56400 AND COULD TEST 57480/ LEVELS FOR TRADERS...!!!
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//
Tuesday, May 24, 2011
UPDATES FOR MAY 24 2011
MAY 24 TUESDAY
TRADING LEVELS FOR MORNING SESSION
S1 RS 51800 , S2 RS 52100 , S3 RS 51500
R1 RS 54100 , R2 RS 54700 , R3 RS 55400
WAIT FOR CONFIRMATION .
TRADING LEVELS FOR MORNING SESSION
S1 RS 51800 , S2 RS 52100 , S3 RS 51500
R1 RS 54100 , R2 RS 54700 , R3 RS 55400
WAIT FOR CONFIRMATION .
Monday, May 23, 2011
MRKT ALERT 6.30 PM
MCX JUN SILVER MINI LOW RISK TRADERS EXIT SELLS. HIGH RISK TRADERS HOLD WITH SAME SL GIVEN...!!!
UPDATES FOR MAY 23 2011
MAY 23 MONDAY
TRADING LEVELS FOR MORNING SESSION
S1 RS 52936 , S2 RS 52656 , S3 RS 52344
R1 RS 53596 , R2 RS 53865 , R3 RS 54180
WAIT FOR CONFIRMATION .
TRADING LEVELS FOR MORNING SESSION
S1 RS 52936 , S2 RS 52656 , S3 RS 52344
R1 RS 53596 , R2 RS 53865 , R3 RS 54180
WAIT FOR CONFIRMATION .
Friday, May 20, 2011
UPDATES FOR MAY 20 2011
MAY 20 FRIDAY
TRADING LEVELS FOR MORNING SESSION
S1 RS 52800 , S2 RS 51600 , S3 RS 50600
R1 RS 54100 , R2 RS 55600 , R3 RS 56700
WAIT FOR CONFIRMATION .
TRADING LEVELS FOR MORNING SESSION
S1 RS 52800 , S2 RS 51600 , S3 RS 50600
R1 RS 54100 , R2 RS 55600 , R3 RS 56700
WAIT FOR CONFIRMATION .
MARKET UPDATE FOR MAY 20 FRIDAY 8.45 AM IST
MCX UPDATE :
A string of US data and news of economic melt down
in Japan has held back all commodities //
Gold we maintain our view that next upside will be
seen on close above Rs 1500 $ or MCX Above Rs 22000 .
Markets have tested these levels thrice in the
past week and has been unable to close above ./
Silver Res is very strong at $ 35.70 ,
a close above cld test $ 37 //
MCX Terms a break and close above 54200
cld test 56000 where strong res will be seen .
MCX UPDATE :
A string of US data and news of economic melt down
in Japan has held back all commodities //
Gold we maintain our view that next upside will be
seen on close above Rs 1500 $ or MCX Above Rs 22000 .
Markets have tested these levels thrice in the
past week and has been unable to close above ./
Silver Res is very strong at $ 35.70 ,
a close above cld test $ 37 //
MCX Terms a break and close above 54200
cld test 56000 where strong res will be seen .
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//
Thursday, May 19, 2011
MRKT ALERT 8.29 PM
MCX JUN SILVER MINI WEAK BELOW 53000 AND RES ABOVE 53500 AND COULD TEST SUP 52500-52200. LEVELS FOR TRADERS...!!!
MRKT ALERT 4.57 PM
MCX JUN SILVER MINI TRADERS CAN BOOK PART PROFITS UPTO 54000, BUY GIVEN ABOVE 53900. (RESET)...!!!
MRKT ALERT 4.34 PM
MCX JUN SILVER MINI OUR T1 AT 54300, CMP 54160 TRADERS CAN BOOK FURTHER PROFITS, BUY GIVEN ABOVE 53900...!!!
UPDATES FOR MAY 19 2011
MAY 19 THURSDAY
TRADING LEVELS FOR MORNING SESSION
S1 RS 52800 , S2 RS 51600 , S3 RS 50600
R1 RS 54800 , R2 RS 55600 , R3 RS 56700
WAIT FOR CONFIRMATION .
TRADING LEVELS FOR MORNING SESSION
S1 RS 52800 , S2 RS 51600 , S3 RS 50600
R1 RS 54800 , R2 RS 55600 , R3 RS 56700
WAIT FOR CONFIRMATION .
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//
Wednesday, May 18, 2011
MRKT ALERT 7.46 PM
MCX JUN SILVER MINI POSITIVE ABOVE 53000 WITH SUP AT 52380 AND COULD TARGET 53750-54000-54150/ LEVELS FOR TRADERS/ BUY ON DIPS ONLY RECOMMENDED FOR TRADERS...!!!
UPDATES FOR MAY 18 2011
MAY 18 WEDNESDAY
TRADING LEVELS FOR MORNING SESSION
S1 RS 50500 , S 2RS 49800 , S3 RS 48700
R1 RS 52800 , R2 RS 53800 , R3 RS 55100
WAIT FOR CONFIRMATION .
TRADING LEVELS FOR MORNING SESSION
S1 RS 50500 , S 2RS 49800 , S3 RS 48700
R1 RS 52800 , R2 RS 53800 , R3 RS 55100
WAIT FOR CONFIRMATION .
Tuesday, May 17, 2011
MRKT ALERT 8.40 PM
MCX JUN SILVER MINI OUR T3 AT 50700, CMP 50850, SELL GIVEN AT 51900 TRADERS CAN BOOK FURTHER PROFITS...!!!
MRKT ALERT 7.02 PM
MCX JUN SILVER MINI OUR T2 ACH AT 51100, SELL GIVEN AT 51900, TGT EXT UPTO 50700-50400, HOLD WITH MINIMUM LOTS ONLY...!!!
MRKT ALERT 6.30 PM
MCX JUN SILVER MINI OUR T1 ACH AT 51500, CURRENT LOW 51300, SELL GIVEN AT 51900, LOW RISK TRADERS TRAIL PROFIT STOPS...!!!
Monday, May 16, 2011
MRKT ALERT 8.43 PM
Silver again looks bit positive abv 53200 to test 53500 - 53700 - 54000. Sup at 52800.
MRKT ALERT 3.19 PM
MCX JUN SILVER MINI APP OUR T1 AT 52250, CURRENT LOW CAME AT 52520, SELL GIVEN AT 2 LEVELS 52700-800 AND AT 53200. (RESET)..!!!
MRKT ALERT 1.45 PM
MCX JUN SILVER MINI TRADERS CAN BOOK PART PROFITS UPTO 52930, SELL GIVEN AT 2 LEVELS 52700-52800 AND AT 53200. (RESET)...!!!
UPDATES FOR MAY 16 2011
MAY 16 MONDAY
TRADING LEVELS FOR MORNING SESSION
S1 RS 52400 , S2 RS 50400 , S3 RS 49300
R1 RS 55400 , R2 RS 56700 , R3 RS 57400
WAIT FOR CONFIRMATION .
TRADING LEVELS FOR MORNING SESSION
S1 RS 52400 , S2 RS 50400 , S3 RS 49300
R1 RS 55400 , R2 RS 56700 , R3 RS 57400
WAIT FOR CONFIRMATION .
Friday, May 13, 2011
Thursday, May 12, 2011
GM,MAY12,8AM:GOLD$1504 LTP 21921 WEEKLY SUPP$1490 SUPP 21780 RES 22300/SILVER$35.39 LTP 53870 TRADES FLAT WEEKLY BASIS REMAINS WEAK BELOW 55000 SUPP 52000-51000//CRUDE$99.27 LTP 4451 SUPP 4400-4380 RES 4530 REMAINS WEEK//NAT GA SINVENTORY EXP TONITE UP69B VS 72 B LTP189.50 RES192 SUPP 186//BASE METALS FLAT COPPER LTP 391.20 SUPP 390-388 RES 395.50-397 WEEKLY BASIS REMAINS WEAK/NICKEL LTP1092 RES 1106 SUPP 1080 WEAK/
Wednesday, May 11, 2011
MRKT ALERT 10.00 PM
Mcx Silver still looks weak below 55000 itself. A break below 54000 will keep prices to 52000 - 50000.
UPDATES FOR MAY 11 2011
MAY 11 WEDNESDAY
TRADING LEVELS FOR MORNING SESSION
S1 RS 57800 , S2 RS 56700 , S3 RS 54300
R1 RS 59800 , R2 RS 60800 , R3 RS 61500
WAIT FOR CONFIRMATION ,
TRADING LEVELS FOR MORNING SESSION
S1 RS 57800 , S2 RS 56700 , S3 RS 54300
R1 RS 59800 , R2 RS 60800 , R3 RS 61500
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//
Tuesday, May 10, 2011
UPDATES FOR MAY 10 2011
MAY 10 TUESDAY
TRADING LEVELS FOR MORNING SESSION
S1 RS 56140 , S2 RS 55398 , S3 RS 54300
R1 RS 58300 , R2 RS 59500 , R3 RS 60600
WAIT FOR CONFIRMATION .
TRADING LEVELS FOR MORNING SESSION
S1 RS 56140 , S2 RS 55398 , S3 RS 54300
R1 RS 58300 , R2 RS 59500 , R3 RS 60600
WAIT FOR CONFIRMATION .
Monday, May 9, 2011
Friday, May 6, 2011
MRKT ALERT 4.58 PM
MCX JUN SILVER MINI TESTED OUR ALL LEVELS AT 52600-52300-52000, AS GIVEN AS LEVELS WEAK BELOW 53000...!!!
MRKT ALERT 4.46 PM
MCX JUN SILVERM TESTED OUR LEVELS 1 AT 52600 AND ALMOST TESTED OUR LEVELS 2 AT 52300, CURRENT LOW 52331, WE GIVEN AS LEVELS WEAK BELOW 53000...!!!
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//
Thursday, May 5, 2011
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 /
Wednesday, May 4, 2011
MRKT ALERT 8.18 PM
Silver has strong sup at 39.6 $ a break below could see next move till 38 $ - 37 $ Gold could take strong sup at 1525 $
UPDATES FOR MAY 4 2011
MAY 4 WEDNESDAY
TRADING LEVELS FOR MORNING SESSION
S1 RS 62800 , S2 RS 61800 , S3 RS 60300
R1 RS 64800 , R2 RS 66300 , R3 RS 67500
WAIT FOR CONFIRMATION .
TRADING LEVELS FOR MORNING SESSION
S1 RS 62800 , S2 RS 61800 , S3 RS 60300
R1 RS 64800 , R2 RS 66300 , R3 RS 67500
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//
Tuesday, May 3, 2011
MRKT ALERT 4.30 PM
MCX JUN SILVER MINI OUR T2 ACH AT 66450, SELL GIVEN BELOW 67000 TRADERS CAN BOOK PROFITS...!!!
MRKT ALERT 4.25 PM
MCX JUN SILVER MINI OUR T1 ACH AT 66700, SELL GIVEN BELOW 67000, CURRENT LOW 66625 TRADERS CAN BOOK FURTHER PROFITS...!!!
MRKT ALERT 4.15 PM
MCX JUN SILVER MINI TRADERS CAN BOOK PART PROFITS UPTO 66800, SELL GIVEN BELOW 67000...!!!
MRKT ALERT 4.05 PM
mcx silver mini june update: weak below 67000 with res abv 67225 and cld test 66700-66450/levels for traders/
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 /
Monday, May 2, 2011
MRKT ALERT 7.02 PM
MCX JUN SILVER MINI TRADERS HOLDING SELLS AT 67500 CAN BOOK PART PROFITS UPTO 67000...!!!
MRKT ALERT 5.48 PM
MCX JUN SILVER MINI UPDATE : REMAINS WEAK BELOW 67500 WITH RES ABOVE 68150 AND COULD TEST SUP AT 66800-66500// TRADING LEVLES...!!!
TECHNICALS FOR NYMEX TRADE FOR MAY 2 2011
MAY 2 MONDAY
TRADING LEVELS FOR EVENING SESSION
S1 RS 67340 , S2 RS 66850 , S3 RS 66350
R1 RS 68180 , R2 RS 68950 , R3 RS 70400
WAIT FOR CONFIRMATION .
TRADING LEVELS FOR EVENING SESSION
S1 RS 67340 , S2 RS 66850 , S3 RS 66350
R1 RS 68180 , R2 RS 68950 , R3 RS 70400
WAIT FOR CONFIRMATION .
UPDATES FOR MAY 2 2011
MAY 2 MONDAY
TRADING LEVELS FOR MORNING SESSION
S1 RS 69342 , S2 RS 68121 , S3 RS 66691
R1 RS 71182 , R2 RS 71661 , R3 RS 72303
WAIT FOR CONFIRMATION .
TRADING LEVELS FOR MORNING SESSION
S1 RS 69342 , S2 RS 68121 , S3 RS 66691
R1 RS 71182 , R2 RS 71661 , R3 RS 72303
WAIT FOR CONFIRMATION .
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//
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