UPDATES FOR OCT 30 2009

OCT 30 FRIDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 236 , S2 RS 234.60 , S3 RS 232

R1 RS 241 , R2 RS 243.60 , R3 RS 246

WAIT FOR CONFIRMATION .

UPDATES FOR OCT 28 2009

OCT 28 WEDNESDAY


TRADING LEVELS FOR MORNING SESSION .

S1 RS 246.40 , S2 RS 243 , S3 RS 241

R1 RS 251 , R2 RS 253.60 , R3 RS 255.70

WAIT FOR CONFIRMATION .

CLOSING COMMENATRY FOR OCT 27 TUESDAY

Natural gas prices have turned slight upward. Prices have

very strong sup of 212 on closing basis and 205 - 210

is a good sup levels to buy. Any dip towards the sup

can be a good buy. Res is seen around 215 levels.

UPDATES FOR OCT 27 2009

OCT 27 TUESDAY

TRADING LEVELS FOR MORNING SESSION


S1 RS 243.70 , S2 RS 241.20 , S3 RS 239

R1 RS 248.60 , R2 RS 250.30 , R3 RS 253.60

WAIT FOR CONFIRMATION .

CLOSING COMMENTARY FOR OCT 26 MONDAY

Natural gas prices came down as expected. Prices

broken strong sup of around 220 levels and came

down. Prices now have strong sup around 205 - 210

levels. We have to see whether buying could come

around these levels. Wait for confirmation.

Natural Gas Oct looks weak below 222 and could test 215 - 213

levels. Res is seen around 225.

UPDATES FOR OCT 26 2009

OCT 26 MONDAY

TRADING LEVELS FOR MORNING SESSION .

S1 RS 254 , S2 RS 251.60 , S3 RS 249

R1 RS 258.60 , R2 RS 261 , R3 RS 263.70

WAIT FOR CONFIRMATION .

CLOSING COMMENTARY FOR OCT 23 FRIDAY

Natural Gas prices came down for the second day and

now trading at strong sup of 225. Prices could test

221 levels and could bounce back from that levels.

A break and close below 220 could be weak further.

Buy around sup is advised.

UPDATES FOR OCT 23 2009

OCT 23 FRIDAY

TRADING LEVELS FOR MORNING SESSION .

S1 RS 259.30 , S2 RS 257 , S3 RS 254.60

R1 RS 263.40 , R2 RS 265 , R3 RS 268

WAIT FOR CONFIRMATION .

CLOSING COMMENTARY FOR OCT 22 THURSDAY

Natural Gas prices dropped after a correction came

at strong res of 240. Prices now have stron gsup of

around 230 below could test 225 and bounce can be

seen in prices. A close below 225 could be negative

for prices.

MCX NOV NAT GAS IS WEAK BELOW 269 AND CLD TEST 265.40

WITH RES SEEN ABV 271.30

CLOSING COMMENTARY FOR OCT 21 WEDNESDAY

Natural Gas prices trading firm above the strong

res of around 240. Prices could test more highs

till 250 levels soon if sustains above this level.

Prices seems firm and buy at possible dips advised.

market-Alert
Mcx Gas oct Touched resistance1&2 -243&245
View-Bullish

Market Alert:
Mcx Gas oct looking bullish above 240.5
strong support at 237. could touch 243 and 245 (Levels Only)

UPDATES FOR OCT 21 2009

OCT 21 WEDNESDAY

TRADING LEVELS FOR MORNING SESSION.

S1 RS 238 , S2 RS 235.60 , S3 RS 233

R1 RS 242 , R2 RS 244.60 , R3 RS 247

WAIT FOR CONFIRMATION .

TECHNICALS FOR OCT 20

MCX OCT NAT GAS

SUPP; 219.20/216.30/213

RES: 226.90/230/232.80

WAIT FOR CALLS

UPDATES FOR OCT 20 2009

OCT 20 TUESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 219.20 , S2 RS 216.30 , S3 RS 213

R1 RS 226.90 , R2 RS 230 , R3 RS 232.80

WAIT FOR CONFIRMATION .

CLOSING COMMENTARY FOR OCT 19 MONDAY

Natural Gas prices trading high volatile between 215

- 225 levels.Prices again trading near to the strong

res of 225 and a abreak above could be positive for

prices could test 230 levels. Strong sup is seen

around 220 levels.

TECHNICALS FOR OCT 19

MCX OCT NAT GAS

SUPP; 218.60/216.30/213.30

RES; 223.40/226/228.70

PREFR LONGS AT SUPPORTS

MARKET ALERT ON OCT 16 FRIDAY 11.00 AM IST

MCX Oct Natural gas looks positive abvove Rs 210.10

Res seen at Rs 215.20

Support below Rs 206.80 .

TECHNICALS FOR OCT 16

MCX OCT NAT GAS

SUPP;204.30/201/199

RES: 210.30/212.60/215

WAIT FOR CALLS

MARKET ALERT ON OCT 15 THURSDAY 8.00 PM IST

Weekly natural gas data forecast 55 Bcf

Actual 58 Bcf .

MCX OCT NICLE : LOW 838.70, APPROACHING T2 AT 835/BOOK

PROFITS AT 835 TO 839( SELL INITIATED AT 848)

TECHNICALS FOR OCT 15

MCX OCT NAT GAS

SUPP: 203/200.10/198

RES: 208/210.30/213

PREFER SELLS AT RESISTANCES

MKT ALERT AT 5.23 PM

MCX OCT NAT GAS :OUR PROJECTED TGT ACH AT 210.50( GIVEN BELOW 213.50)

TECHNICALS FOR NYMEX TRADING OCT 14

MCX OCT NAT GAS

SUPP; 210.60/208/206

RES: 215/217.60/220

WAIT FOR CALLS

MKT ALERT AT 4.15 PM OCT 14

MCX OCT NAT GAS UPDATE:WEAK BELOW 213.50, SUPPORT

210.60 RES 215.30.

TECHNICALS FOR OCT 14

MCX OCT NAT GAS

SUPP: 208.60/206/203.70

RES: 213/215.60/218

WAIT FOR CALLS

Natural Gas prices dropped heavily nearly 8% . As we

expected prices dropped below the strong sup of 225

levels. Prices broken the consolidation levels of

225 - 235 and came down. Prices have strong sup

around 210 - 205 levels could come down further..

TECHNICALS FOR NYMEX TRADING OCT 13

MCX OCT NAT GAS

SUPP: 226/223.80/221.60

RES: 230.10/232.40/234.60

WAIT FOR CALLS

CLOSING COMMENTARY FOR OCT 12 MONDAY

Natural Gas prices went up till storng res of 230.

Prices trading between 225 - 232 for a long time.

Prices a close above or below 230 levels or 223

levels could decide further direction of the trend.

Overall range bound seems...

Wait for confiramtion.

TECHNICALS FOR NYMEX TRADING OCT 12

MCX OCT NAT GAS

SUPP; 224.30/221/219.60

RES: 228.60/230.80/233

WIT FOR CALLS PREFER TO BE ON BUY SIDE

UPDATES FOR OCT 12 2009

OCT 12 MONDAY

TRADING LEVELS FOR MORNING SESSION .

S1 RS 220.70 , S2 RS 218 , S3 RS 215.60

R1 RS 225.30 , R2 RS 227.60 , R3 RS 230

WAIT FOR CONFIRMATION .

CLOSING COMMENTARY FOR OCT 9 FRIDAY

Natural Gas prices trading between 225 - 235 for the

whole weak. Prices have very strong sup of 225 and

close below this could be negative for price till 215.

Prices need to close above 240 to have bullish

movement again.

MARKET ALER ON OCT 9 FRIDAY 4.45 PM IST

MCX Oct Natural Gas looks positive above Rs 232.10 ,

support is seen below RS 229.70 , Res is seen at

Rs 235.30 .

TECHNICALS FOR NYMEX TRADE FOR OCT 9 2009

OCT 9 FRIDAY

TRADING LEVELS FOR EVENI8NG SESSION .

S1 RS 228.30 , S2 RS 225.70 , S3 RS 223

R1 RS 232 , R2 RS 235.10 , R3 RS 237

WAIT FOR CONFIRMATION .

Aluminium Updates - 09 Oct

Buy Aluminium Oct between 86.75 - 86.95 SL below 85.80 T1 88.30 T2 89 ( Trade with less volumes )

UPDATES FOR OCT 9 2009

OCT 9 FRIDAY

TRADING LEVELS FOR MORNING SESSION .

S1 RS 228.60 , S2 RS 226 , S3 RS 223.40

R1 RS 232.60 , R2 RS 235 , R3 RS 238

WAIT FOR CONFIRMATION .

Natural gas prices again having zig zag movement.

Prices moving between 226 - 238 levels with high

volatality. Prices closing above 226 seems bullish

and below this on closing basis cold come down further.

No clear trend seen in natural gas.Wait for confirmation

EXP NAT GAS INVENTORY : + 62 BCF.

TECHNICALS FOR NYMEX TRADING OCT 8

MCX OCT NAT GAS

SUPP 228.30/225.70/223

RES: 232.30/235.20/237

AVOID TRADES

UPDATES FOR OCT 8 2009

OCT 8 THURSDAY

TRADING LEVELS FOR MORNING SESSION .

S1 RS 224.60 , S2 RS 222, S3 RS 219.70

R1 RS 230.60 , R2 RS 233 , R3 RS 235.30

WAIT FOR CONFIRMATION .

Natural gas prices trading highly range bound between

226 - 240. Prices have storng res of 240 and a positive

close today could be positve for prices. Strong sup seen

around 226 - 224 levels.

TECHNICALS FOR NYMEX TRADING OCT 7

MCX OCT NAT GAS

SUPP; 228.30/225.70/223

RES; 232.30/235.10/237

PREFER SELLS AT RES

UPDATES FOR OCT 7 2009

OCT 7 WEDNESDAY

TRADING LEVELS FOR MORNING SESSION.

S1 RS 224.60 , S2 RS 222 . S3 RS 219.70

R1 RS 230.60 , R2 RS 233 , R3 RS 235.30

WAIT FOR CONFIRMATION .

: Natural Gas prices came down after it unable to break

and hold its storng res of 240. This prices seems

very strong. Prices below 230 could again take prices

till 225 - 220 levels. Should wait and wach 230 levels

for more confirmaiton.

TECHNICALS FOR NYMEX TRADING OCT 6

MCX OCT NAT GAS

SUPP; 233.30/230/228.10

RES; 238.60/241/243.60

WAIT FOR CONFIRMATION

MARKET ALERT ON OCT 6 TUESDAY 4.35 PM IST

MCX Natural Gas OCt looks positive above 240

Support is seen below 236

Res 1 Rs 245

Res 2 248 .

UPDATES FOR OCT 6 2009

OCT 6 TUESDAY

TRADING LEVELS FOR MORNING SESSION .

S1 RS 233.60 , S2 RS 231 , S3 RS 228

R1 RS 238.60 , R2 RS 241 , R3 RS 244.30

WAIT FOR CONFIRMATION .

Natural gas prices again went up after breaking its

strong res of 230. Prices now have very strong res

of around 240 levels. If prices close above this

could test more highs 245 - 250 levels. Wait for

confirmaiton.

MKT ALERT AT 5.50 PM OCT 5

MCX OCT NAT GAS UPDATE: LOOKS BULLISH ABV 226 WITH SUPPORT

BELOW 224 AND CLD TGT 230/231 ( LEVELS ONLY).

TECHNICALS FOR NYMEX TRADE FOR OCT 5 2009

OCT 5 MONDAY

TRADING LEVELS FOR EVENING SESSION .

S1 RS 222.10 , S2 RS 219.60 , S3 RS 216.80

R1 RS 227.20 , R2 RS 230 , R3 RS 233.10

WAIT FOR CONIRMATION .

UPDATES FOR OCT 5 2009

OCT 5 MONDAY

TRADING LEVELS FOR MORNING SESSION .

S1 RS 223.20 , S2 RS 218.60 , S3 RS 213.10

R1 RS 226.80 , R2 RS 229.60 , R3 RS 234.60

WAIT FOR CONFIRMATION .

CLOSING COMMENTARY FOR OCT 1 THURSDAY

Natural Gas as expected and told earlier below 230

could test 220 levels. Prices dropped more than that

as inventories came. Prices now have storng sup for

round 212 - 214 levels. A break below this could take

prices till 205. Any buying above this could take

Prices again to 220 - 225 levels.

MARKET ALERT ON OCT 1 THURSDAY 8.00 PM IST

US N.gas Storage Data: Act: +64Bcf

(Exp:+61 Bcf Prv: +67Bcf)

MARKET ALERT ON OCT 1 THURSDAY 6.30 PM IST

MCX Oct Natural gas T2 Achieved at Rs 223.

Sell was initiated at Rs 229.

TECHNICALS FOR NYMEX TRADE FOR OCT 1 2009

OCT 1 THURSDAY

TRADING LEVELS FOR EVENING SESSION .

S1 RS 225.60 , S2 RS 223 , S3 RS 220.30

R1 RS 230.20 , R2 RS 233.40 , R3 RS 236

WAIT FOR CONFIRMATION .

MARKET ALERT ON OCT 1 THURSDAY 5.40 PM IST

MCX Oct Natural gas T 1 achieved at Rs 225 ,

approaching T 2 at Rs 223 ,

sell initiated at Rs 229.

NAT GAS INVENTORY : EXP UP 61 BCF.

MKT ALERT AT 4 PM OCT 1

MCX OCT NAT GAS : LOW RISK TRADERS BOOK PROFITS AT CMP 228

( SELL GIVEN BELOW 229)/OTHERS HOLD FOR LEVELS GIVEN.

MARKET ALERT ON OCT 1 THURSDAY 2.10 PM IST

MCX Natural Gas Oct looks weak below 229

Res is seen above 232

support 1 Rs 225

Support 2 Rs 223 .

UPDATES FOR OCT 1 2009

OCT 1 THURSDAY

TRADING LEVELS FOR MORNING SESSION .

S1 RS 227.60 , S2 RS 225 , S3 RS 222.60

R1 RS 233.40 , R2 RS 235.40 , R3 RS 238

WAIT FOR CONFIRMATION .