UPDATES FOR OCT 29 2010

OCT 29 FRIDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 169.30 , S2 RS 167 , S3 RS 165

R1 RS 173 , R2 RS 175 , R3 RS 178

WAIT FOR CONFIRMATION .

MRKT ALERT 8.02 PM

Natural Gas Storage Actual 71B Forecast 72B Previous 93B

TECHNICALS FOR OCT 28
MCX NOV NAT GAS
SUPP:167.50/165/163

RES: 171.80/173/175

PROCES MOVED UP YESTERDAY ON EXPECTED DATA TONITE FOR PRICS.

MCX NOV NAT GAS TRADING POSITIVE ON EXPECTATION OF INVENTORY TOMORROW BEING FAVOURABLE FOR PRICES// CMP 173 RES 175 SUPP 169.80.

MRKT ALERT 7.55 PM

USD Natural Gas Storage Forecast 72B Previous 93B (Actual to be released tomorrow 8:00 p.m.

MCX NOV NAT GAS MILD POSITVE ABV 168.50 WITH RES AT 171 AND SUPP 166.80//LEVELS.

UPDATES FOR OCT 27 2010

OCT 27 WEDNESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 165.50 , S2 RS 163 , S3 RS 160.20

R1 RS 169.80 , R2 RS 172 , R3 RS 173

WAIT FOR CONFIRMATION .

UPDATES FOR OCT 26 2010

OCT 26 TUESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 163 , S2 RS 160 , S 3RS 158

R1 RS 166 , R2 RS 167 , R3 RS 169

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!!!

HURRICANE RICHARD FORMED MOVING TOWARDS GULF OF MEXICO, MEMBERS ADVISED NOT TO GO FOR SELLS IN ENERGY FOR NOW.

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!!

UPDATES FOR OCT 22 2010

OCT 22 FRIDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 148 , S2 RS 145 , S3 RS 143

R1 RS 153 ,R2 RS 156 , R3 RS 159

WAIT FOR CONFIRMATION .

GM OCT 22, 7.20AM:CRUDE$81.07 LTP 3613 SUPP 3600 RES 3650/NAT GAS$3.39 HIT LOWS LAST NIGHT AFTER INVENTORY EXP TO OPEN MARGINALLY HIGHER, AVOID FRESH SHORTS AS HURRICANE SEASON IN US IS ON SUPP 148 RES 155//BASE METALS TRADING FLAT EARLY TRADES COOPER LTP 372.90 SUPP 370 RES 375.50/NICKEL LTP 1046.60 SUPP 1040 RES 1060, OUR SELL LAST NIGHT AR 1053 LOW 1044.60 AND OUR T2 1041!!ZINC LTP 108.10, LEAD LTP 108.60//

MRKT ALERT 8.05 PM

Natural Gas Storage Act 93B Fore 87B Prev 91B Prices may trade lower

UPDATES FOR OCT 21 2010

OCT 21 THURSDAY

TRADING LEVELS FOR MORNING SESSION


S1 RS 157.50 , S 2RS 156 , S3 RS 154

R1 RS 162 , R2 RS 165 , R3 RS 167

WAIT FOR CONFIRMATION .

MCX OCT NAT GAS IS POSITVE ABV 158.20 WITH SUPP AT 156 AND CLD TEST RES 160/161.//LEVELS ONLY.

UPDATES FOR OCT 18 2010

OCT 18 MONDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 153.20 , S2 RS 151.10, S3 RS 148.40

R1 RS 157.90 , R2 RS 160.20 , R3 RS 162.80

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.

MRKT ALERT 8.05 PM

TRADECOM : 8.00 PM USD LOW IMPACT EXPECTED NATURAL GAS STORAGE ACTUAL 91B FORECAST 88B PREVIOUS 85B

UPDATES FOR OCT 14 2010

OCT 14 THURSDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 161.50 , S2 RWS 158 ,S3 RS 156

R1 RS 166.30 , R2 RS 169 , R3 RS 172

WAIT FOR CONFIRMATION .

MRKT ALERT 8.00 PM

Expected Crude Oil Inventories Forecast 1.5M Previous 3.1M.(Actual to be released tomorrow 8:30pm)

MRKT ALERT 7.48 PM

Natural Gas Storage Forecast 88B Previous 85B (Actual to be released tomorrow 8:00 p.m.)

UPDATES FOR OCT 13 2010

OCT 13 WEDNESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 160.40 , S2 RS 158 , S3 RS 156

R1 RS 164 , R2 RS 166.50 , R3 RS 168

WAIT FOR CONFIRMATION .

Zinc trading positive and facing strong res around 103 - 103.50. More buying above that. Lead looks positive until it breaks and hold 101 levels till 103 - 105. Gas remains weak and more weakness below 160. Strong res 165.

NAT GAS OCT UPDAYTE: SUPPORT STRONG AT 159 AND CLD TEST RES 165 IF SUSTAINS ABV 161.20/LEVELS/

UPDATES FOR OCT 11 2010

OCT 11 MONDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 160.40 , S 2RS 158.20 , S3 RS 156.20

R1 RS 164.80 , R2 RS 167.60 , R3 RS 170.90

WAIT FOR CONFIRMATION .

UPDATES FOR OCT 8 2010

OCT 8 FRIDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 163 , S2 RS 160 , S3 RS 158

R1 RS 168 , R2 RS 170 , R3 RS 173

WAIT FOR CONFIRMATION .

UPDATES FOR OCT 7 2010

OCT 7 THURSDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 171 , S2 RS 169 , S3 RS 167

R1 RS 173 , R2 RS 175 , R3 RS 177

WAIT FOR CONFIRMATION .

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 6.40 PM

MCX OCT NATURAL GAS TRADING AND RES 171 A BREAK ABOVE THIS COULD TEST 173/175 WITH SUP SEEN BELOW 167.50 (LEVELS ONLY).

MARKET ALERT ON OCT 5 TUESDAY 11,.30 AM IST

MCX Oct Natural gas has immediete support at Rs 166

and Res at Rs 171 and Rs 173.50 .

These are trading levels only .

UPDATES FOR OCT 5 2010

OCT 5 TUESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 165.60 , S2 RS 163 , S3 RS 161

R1 RS 169 , R2 RS 172 , R3 RS 174

WAIT FOR CONFIRMATION .

UPDATES FOR OCT 4 2010

OCT 4 MONDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 168.10 , S 2RS 164.90 , S 3RS 162.10

R1 RS 173.20 , R2 RS 175.80 , R 3RS 178.70

WAIT FOR CONFIRMATION .