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Friday, August 28, 2009

UPDATES FOR AUG 28 2009

AUG 28 FRIDAY

S1 RS 87.40 , S2 RS 86 , S3 RS 84.60

R1 RS 89.60 , R2 RS 91 , R3 RS 92.30

WAIT FOR CONFIRMATION .

Thursday, August 27, 2009

CLOSING COMMENTARY FOR AUG 27 10.30 PM IST

Zinc prices also range bound for between 88 - 89. Very

thin range seen in zinc. Prices could go up and a close

above 89 could be more postive till 90 - 91 levels.

A close below 88 could be negative for prices till 86.

Buy above res advised.
MARKET ALERT ON AUG 27 THURSDAY 9.30 PM IST

MCX Aug Zinc now has support at Rs 88 levels

Res can be seen at Rs 90 levelos

CMP Rs 88.70

could test Res .

UPDATES FOR AUG 27 2009

AUG 27 THURSDAY

S1 RS 88.25 , S2 RS 87.40 , S3 RS 86

R1 RS 90.60 , R2 RS 92.10 , R3 RS 93.60

WAIT FOR CONFIRMATION.

Wednesday, August 26, 2009

Zinc prices went up in correalation with lead prices

even though the spread is widened. Prices could

continue its bullishness above 87 levels to join

with lead prices. A close below 89 could test

88 levels. Buy on dips advised.

UPDATES FOR AUG 26 2009

AUG 26 WEDESDAY

S1 RS 87.10 , S2 RS 86.30 , S3 RS 85.60

R1 RS 89.30 , R2 RS 90.70 , R3 RS 92

WAIT FOR CONFIRMATION .

Tuesday, August 25, 2009

CLOSING COMMENTARY FOR AUGUST 25 TUESDAY

Zinc prices seems range bound and not moving. Range

bound seen around 88 - 90. Strong sup seen around

85.60 and res seen around 89 - 90 levels.

Overall range bound.
MARKET ALERT ON AUG 25 TUESDAY 11.30 AM IST

MCX Aug Zinc could test Rs 87.40

Res is seen above Rs 88.80

CMP Rs 88.20.

UPATES FOR AUG 25 2009

AUG 25 TUESDAY

S1 RS 87.70 , S2 RS 86.90 , S3 RS 85.60

R1 RS 89.60 , R2 RS 90.70 , R3 RS 92

WAIT FOR CONFIRMATION.

Monday, August 24, 2009

UPDATES FOR AUG 24 2009

AUG 24 MONDAY

S1 RS 87.60 , S2 RS 86.60 , S3 RS 85.20

R1 RS 90.10 , R2 RS 91.60 , R3 RS 93

WAIT FOR CONFIRMATION .

Friday, August 21, 2009

MARKET ALERT ON AUG 21 FRIDAY

Zinc prices looks firm and went up as it has double

bottom around 86 levels. Prices need to close above

88 mark for bullish confirmation. Abvoe 88 on closing

could take prices till 90.

Strong sup is at 85.50 lvels.

MKTA LERT AT 5.40 PM AUG 21

MCX AUG ZINC APPROACHING T2 AT 89 CMP 88.55,

TRADERS HOLDING LONGS AT 86.40 BOOK FULL PROFITS

AT 88.50 TO 89.
MARKET ALERT ON AUG 21 FRIDAY 5.25 PM IST

MCX Aug Zinc T 1 Achieved at Rs 88 .
MARKET ALERT ON AUG 21 FRIDAY 4.05 PM IST

MCX Aug Zinc approaching T1 at Rs 88 , cmp Rs 87.75 ,

low risk traders book full profits at Rs 87.75 to 88 ,

others hold for T 2.

Buy given at Rs 86.40.

MKTA LERT AT 3.45 PM AUG 21

MCX AUG ZINC : TRADERS HOLDING LONGS AS PER OUR BUY

AT 86.40 BOOK FURTHER PROFITS AT CMP 87.45, OTHERS

HOLD FOR LEVELS GIVEN.

MKT ALERT ATG 11.45 AM AUG 21

MCX AUG ZINC : LOW RISK/ MULTIPLE LOT HOLDERS

BOOK PART PROFITS AT 86.80 TO 86.90 ( BUY AT 86.40)

/OTHERS HOLD FOR LEVELS.

aug 21 11 am

Buy Zinc Aug betwween 86.40 - 86.50 SL below 85.60 T1 88 T2 89

UPDATES FOR AUG 21 2009

AUG 21 FRIDAY

S1 RS 85.40 , S2 RS 84.50 , S3 RS 83.20

R1 RS 87.20 , R2 RS 88.10 ,R3 RS 89.4

WAIT FOR CONFIRMATION.

Thursday, August 20, 2009

Zinc prices hovering around 86 - 88 for a very long time.

Prices need to close either side to have further trend.

Strong sup seen around 85.50 - 84 and Res seen around

88 - 89 levels. Range bound with high volatality.
MARKET ALERT ON AUG 20 THURSDAY 7.30 PM IST

MCX Aug Zinc now has support at Rs 87

and Res can be seen at Rs 89 levels

CMP Rs 88

could test Res

Wednesday, August 19, 2009

CLOSING COMMENTARY FOR AUG 19 WEDNESDAY

Zinc prices also range bound between its strong

sup of 85.50 - 88 levels. A positive close with

volumes above 88 could take prices again till

91 levels. Very strong res seen around 85.50

levels...

Wait for confirmation .

UPDATES FOR AUG 19 2009

AUG 9 WEDNESDAY

S1 RS 84.80 , S2 RS 83.70 , S3 RS 82.40

R1 RS 88.30 , R2 RS 89.50 , R3 RS 90.80

WAIT FOR CONFIRMATION.

Tuesday, August 18, 2009

Zinc prices have a huge volatile between 85.50 - levels.

Very strong sup seen at 85.50. A close below only could

take prices downside ortherwise prices may turn upside

above 86 levels. A close above 87.50 would be positive.
MKT ALERT AT 5 PM AUG 18

MCX AUG ZINC IS WEAK BELOW 87.70 AND CLD

TEST 85.70LEVELS, RES SEEN ABV 88.30.

MKT ALERT AT 10.40 AM AUG 18

MCX AUG ZINC ; LOW RIKS TRADERS BOOK PART PROFITS UPTO

87.70, ( BUY AT 87.30), TRAIL STOPS TO COST,

OTHERS HOLD FOR LEVELS GIVEN.

MKT ALERT AT 10.10 AM AUG 18

Buy Zinc Aug between 87.20 - 87.30 SL below

86.50 T1 88.50 T2 89 CMP 87.30.
TECHNICALS FOR AUG 18

MCX AUG ZINC

SUPP; 86.10/84.70/83.40

RES; 88.50/89.70/91.30

WAIT FOR CALLS

Monday, August 17, 2009

MARKET ALERT ON AUG 17 MONDAY 9.00 PM IST

Low risk traders book profits in Mcx Aug Zinc at 85.30

sell was at Rs 86 to 86.10.
MARKET ALERT ON AUG 17 monday 8.45 pm ist

mcx aug Zinc cld test Rs 84.70 levels

Res is seen above RS 87.30.

Sell is recommended in the range of Rs 86 to

86.10 levels .
MKT ALERT AT 6 PM AUG 17

MCX AUG ZINC CMP 86.40 BOOK MAX PROFITS IN OUR RECOMMENDED LONGS ABV

85.60.
MKT ALERT AT 4.30 PM AUG 17

MCX AUG ZINC ; LOW RISK TRADERS BOOK PROFITS AT 85.90 TO 86

IN SELLS INITIATED AT 85.60.AND TRAIL STOPLOSS TO 85.40 FOR TGT 87.
MARKET ALERT ON AUG 17 MONDAY 4.15 PM IST

MCX Aug Zinc now has support at Rs 84.65 levels

and Res is seen at Rs 87 levels,

CMP Rs 85.60

could test Res.

Friday, August 14, 2009

technicals for aug 14

mcx aug zinc

supp:89.70/88.30/87.20

res;91.40/93/94.30

wait for calls

Thursday, August 13, 2009

MARKET ALERT ON AUG 13 THURSDAY 6.45 PM IST

MCX Aig Zinc could test Rs 93.30

support is seen below Rs 90.90

Buy advised at Rs 91.70 to 91.60 .

Tuesday, August 11, 2009

TECHNICALS FOR AUGUST 11

MCX AUG ZINC

SUPP; 85.80/84.60/83.30

RES: 88.20/89.60/90.80

WAIT FOR CONFIRMATION

Friday, August 7, 2009

CLOSING COMMENTARY ON AUG 7 FRIDAY

Zinc prices also went up shrply after a correction

till 86 levels. Prices seems very strong above a

close of 88.50 levls. Prices can again test 91 - 93

levels on a positive close.

Wait for confirmation .
Sell Zinc Aug between 86.80 - 87 SL above 87.70 T1 85.80 T2 85.30

UPDATES FOR AUG 7 2009

AUG 7 FRIDAY

S1 RS 86.50 , S2 RS 85.60 , S3 RS 84.20

R1 RS 88.60 , R2 RS 89.70 , R3 RS 91

WAIT FOR CONFIRMATION.

Wednesday, August 5, 2009

Zinc prices continue its bull trend. Prices having

strong res of 90 - 91 levels. Strong sup seen around

89 levels. Zinc prices on daily basis is overbought

and went to straight from 79 levels. Profit booking

can be take place. Buy on dips advised.

UPDATES FOR AUG 5 2009

AUG 5 WEDNESDAY

S1 RS 86.70 , S2 RS 85.50 , S3 RS 84.70

R1 RS 88.70 , R2 RS 89.40 , R3 RS 90.60

WAIT FOR CONFIRMATION.

Tuesday, August 4, 2009

MARKET ALERT ON AUG 4 TUESDAY 10.30 PM IST

Zinc prices had a very thin market initially between

85.60 - 86.50. Prices went up sharply after cuts its

highs and now trading above all time highs. Prices

have strong sup of 87 levels. Prices can heading

towards 90 levls.

Caution advised.

MKT ALERT AT 6.15 PM AUG 4

MCX AUG ZINC IS BULLISH ABV 86 WITH SUPPORT

85.50 AND RES 87/87.50
TECHNICALS FOR AUG 4

MCX AUG ZINC

SUPP: 86.10/85/83.90

RES; 88.10/89.70/90.80

PREFER LONGS AT SUPPORTS

Monday, August 3, 2009

CLOSING COMMENTARY FOR AUG 3 MONDAY

Zinc prices went up sharply almost 10 rs in 4 days.

Prices have strong res of 87 and 86 levels on

closing basis. Further bullishness could come

only above 87. A close above 87 could take it

till 89 - 90.

Caution advised.