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Wednesday, September 30, 2009

CLOSING COMMENTARY ON SEPT 30 WEDNESDAY

Zinc prices went up after breaking a consolidation

levels of 89 - 90. Prices have storng res of around

99 and a close above could be positve till 94 - 95.

Again 94.50- 95 having strong res.

Sup seen around 92 - 91.
MARKET ALERT ON SEPT 30 WEDNESDAY 9.30 PM IST

Mcx Oct Zinc Book Partial Profits at Cmp: 93.30 &

Hold Longs for TGT of 93.80, Amend Stops to Cost

Longs Advised at 92.60 .
MARKET ALERT ON SEPT 30 WEDNESDAY 8.40 PM IST

Oct Zinc looks bullish above Rs 92.60 , support is seen

below Rs 91.60 , Res is seen at Rs 93.80 .

TECHNICALS FOR NYMEX TRADE FOR SEPT 30 2009

SEPT 30 WEDNESDAY

TRADING LEVELS FOR EVENING SESSION

S1 RS 91.50 , S2 RS 90.20 , S3 RS 88.80

R1 RS 93.60 , R2 RS 95.10 , R3 RS 96.40


WAIT FOR CONFIRMATION .
MCX OCT ZINC: TRADERS HOLDING LONGS AT 91.50 BOOK FULL

PROFITS AT CMP 92.50.

MKT ALERT AT 3 PM SEPT 30

MCX OCT ZINC: TRADERS HOLDING LONGS AS PER OUR RECOMMENDED

LONGS ABV 91.50 CLD BOOK PART PTOFITS AT CMP 92.15 /TRAIL

STOPS TO COST/HOLD FOR TGT 92.50.
MCX OCT ZINC UPDATE : BULLISH ABV 91.50 AND

CLD TEST RES 92.60 AND HAS STRONG SUPPORT AT 90.50.

UPDATES FOR SEPT 30 2009

SEPT 30 WEDNESDAY

TRADING LEVELS FOR MORNING SESSION .


S1 RS 90.20 , S2 RS 89 , S3 RS 87.20

R1 RS 92.30 , R2 RS 93.60 , R3 RS 94.70

WAIT FOR CONFIRMATION .

Tuesday, September 29, 2009

CLOSING COMMENTARY FOR SEPT 29 TUESDAY

Zinc prices seems range bound with very thin volume.

Prices unable to gain momentum for the past one weak.

Prices have very strong res of 89.50 and prices broken

but hope should close above tht. If prices sustains

above 88 could be positive again.

Wait for confirmation .
CORRECTION: LOW RISK TRADERS EXIT ZINC SELLS AT AROUND 89.

MKT ALERT AT 1.35 PM SEPT 29

MCX SEPT ZINC: LOW RISK TRADERS EXIT SELLS AT 88 LEVELS

AS FINDING STRONG SUPPORTS AT 87.80./HIGH RIDSK TRADERS

HOLD WITH STOPS GIVEN.
Sell Zinc Sep betwen 88.60 - 88.80 SL above 89.50

T1 87.50 T2 87

UPDATES FOR SEPT 29 2009

SEPT 29 TUESDAY

TRADING LEVELS FOR MORNING SESSION .

S1 RS 88.20 , S2 RS 87 , S3 RS 85.70

R1 RS 90.60 , R2 RS 92.10 , R3 RS 93.40

WAIT FOR CONFIRMATION .

Monday, September 28, 2009

TECHNICALS FOR NYMEX TRADE FOR SEPT 28 2009

SEPT 28 MONDAY

TRADING LEVELS FOR EVENING SESSION .

S1 RS 87.60 , S2 RS 86.20 , S3 RS 85

R1 RS 90.30 , R2 RS 91.70 , R3 RS 93

WAIT FOR CONFIRMATION .

Friday, September 25, 2009

MARKET ALERT ON SEPT 25 FRIDAY 3.30 PM IST

Book Profits in Mcx Sep Zinc at CMP 89.45

Longs Advised at 88.70-88.80 .
MARKET ATERT ON SEPT 25 FRIDAY 3.10 PM IST

Mcx Sep Zinc looks strong at 88.80-88.70

support is seen : below: 87.70

Res is seen at Rs 89.80 .

UPDATES FOR SEPT 25 2009

SEPT 25 FRIDAY

TRADING LEVELS FOR MORNING SESSION .

S1 RS 87, S2 RS 85.80 , S3 RS 84.60

R1 RS 89.20 , R2 RS 90.60 , R3 RS 92.10

WAIT FOR CONFIRMATION .

Thursday, September 24, 2009

Zinc prices came down sharply after it unable to

sustain at higher levels of 91. Strong res seen around

91 and came down till strong sup of 89. Below this

could test 87 - 86. Prices have strong sup of around

86 and should be watched.
MARKET ALERT ON SEPT 24 THURSDAY 8.00 PM IST

Traders holding sells in zinc Tgt achieved at Rs 89.30

Sell was advised at Rs 90.30.
MARKET ALERT ON SEPT 24 THURSDAY 7.15 PM IST

MCX Sept Zinc Now has support at Rs 89.30 and Res can

be seen above Rs 91.25 ,

cmp Rs 90.30 .

Could test support .

TECHNICALS FOR NYMEX TRADE FOR SEPT 24 2009

SEPT 24 THUESDAY

TRADING LEVELS FOR EBENING SESSION.

S1 RS 89.80 , S2 RS 88.40 , S3 RS 87.10

R1 RS 91.70 , R2 RS 92.80 , R3 RS 93.70

WAIT FOR CONFIRMATION.
MARKET ALERT ON SEPT 24 THURSDAY 1.30 PM IST

MCX Sept Zinc low risk traders holding sells as per

our call given at Rs 90.60 in the morning ,

book further profits.
MARKET ALERT ON SEPT 24 THURSDAY 10.15 AM IST

MCX Zinc Sep looks weak between 90.50 - 90.70

Res is seen above 91.40

SUPPORT 1 89.60

SUPPORT 2 89 .

UPDATES FOR SEPT 24 2009

SEPT 24 THURSDAY

TRADING LEVELS FOR MORNING SESSION .

S1 RS 89.80 , S2 RS 88.70 , S3 RS 87.30

R1 RS 91.70 , R2 RS 93 , R3 RS 94.60

WAIT FOR CONFIRMATION .

Wednesday, September 23, 2009

CLOSING COMMENTARY FOR SEPT 23 WEDNESDAY

Zinc prices trading between 91 - 92 levels. Prices

trading very thin between these prices and closing

also. Prices need to close below 91 for negative

prices till its strong sup fo 89 - 88 levels.. A

break and close above 92 only could be bullish again.

Wait for confirmation .

TECHNICALS FOR NYMEX TRADE FOR SEPT 23 2009

SEPT 23 WEDNESDAY

TRADING LEVELS FOR EVENING SESSION .

S1 RS 89.80 , S2 RS 88.40 , S3 RS 87.10

R1 RS 91.70 , R2 RS 92.60 , R3 RS 93.70

WAIT FOR CONFIRMATION .
MARKET ALERT ON SEPT 23 WEDNESDAY 10.20 AM IST

MCX Zinc Sep looks strong between 91.70- 91.90

Support is seen below Rs 91.10

Res 1 93

Res 2 93.60 .

UPDATES FOR SEPT 23 2009

SEPT 23


WEDNESDAY

TRADING LEVELS FOR MORNING SESSION .

S1 RS 90.60 , S2 RS 89.80 , S3 RS 88.70

R1 RS 92.70 , R2 RS 94.20 , R3 RS 95.60

WAIT FOR CONFIRMATION .

Tuesday, September 22, 2009

MCX SEPT ZINC :APPROACHING T2 AT 93.50 CMP 93.35

( BUY GIVEN AT 91.70 TO 91.80) BOOK FULL PROFITS.
mcx sept zinc " : t1 ach at 92.80
MCX SEPT ZINC : LOW RISK TRADERS BOOK PART PROFITS AT

92( BUY GIVEN AT 91.70 TO 91.80)/OTHERS HOLD FOR LEVELS.
Buy Zinc Sep betewen 91.70 - 91.80 SL below 91 T1

92.80 T2 93.50

Friday, September 18, 2009

CLOSING COMMENTARY FOR SEPT 18 FRIDAY

Zinc prices again reversing back from strong res of 93.

Prices came down and could expect more downside till 89

levels below 91. Very strong sup seen around 91 then 89.

Res seen around 93 - 94 levels.

Sell below supports advised .
MARKET ALERT ON SEPT 18 FRIDAY 9.20 PM IST

MCX Sept zinc looks weak below 91.3

Res is seen at Rs 92.4

Support 90.20 .
MARKET ALERT ON SEPT 18 FRIDAY 5.20 PM IST

Mcx Sep Zinc looks weak at Cmp: 91.90

Res abv: 92.40

TGT: 91 .

UPDATES FOR SEPT 18 2009

SEPT 18 FRIDAY

TRADING LEVELS FOR MORNING SESSION .

S1 RS 91.30 , S2 RS 90.30 , S3 RS 89

R1 RS 93.40 , R2 RS 94.70 , R3 RS 96

WAIT FOR CONFIRMATION .

Thursday, September 17, 2009

CLOSING COMMENTARY FOR SEPT 17 THURSDAY

Zinc prices trading steady in MCX. Prices trading

very slow and steady between 92 - 94 levels. Overll

prices looks firm. Prices have strong res of 94.50 -

95. Strong sup seen around 91.50 - 91 levles. A close

around open prices could be mostly positve but need

to confirm.

Wait for confirmation .
MARKET ALERT ON SEPT 17 THURSDAY 7.40 PM IST

MCX Sept Zinc now has support at Rs 93.50 levels

and Res can be seen at Rs 95.40 levels

CMP Rs 94

could test Res .
Market Alert:At 6:25 Pm
Mcx Nov Zinc Buy at Cmp (93.4)
sl-92,Target1-94 and Target2- 94.8
MCX SEPT ZINC : T2 ACH AT 94.20/BOOK FULL PROFITS.
MCX SEPT ZINC : CMP 93.65 BOOK FURTHER PROFITS ( BUY AT 92.50)
Buy Zinc Sep between 92.40 - 92.60 SL below 91.50 T1 93.60 T2 94.20
Buy Zinc Sep between 93.40 - 92.60 SL below 92.50

T1 93.60 T2 94.20
technicals for sept 17

mcx sept zinc

supp 91.60/90.30/89

res 94.60/96.20/97.30

Wednesday, September 16, 2009

CLOSING COMMENTARY FOR SEPT 16 WEDNESDAY

Zinc prices went up sharply today. Prices seems bullish

and could test res levels of 94 - 96 - 98 levels. Strong

sup seen around 92 levels. Prices looks firm after a

consolidation around low levels.The prices 93.80- 94

looks strong above prices could test more highs.
MARKET ALERT ON SEPT 16 WEDNESDAY 8.50 PM IST

MCX Sept Zinc T2 Achieved at Rs 92 , Buy was at Rs 90.10 .
MCX SEPT ZINC :APPROACHING T1 AT 91.20( BUY AT 90.10).

/BOOK FURTHER PROFITS.

UPDATES FOR SEPT 16 2009

SEPT 16 WEDNESDAY

TRADING LEVELS FOR MORNING SESSION .

S1 RS 89.70 , S2 RS 88.60 , S3 RS 87.40

R1 RS 91.75 , R2 RS 93.60 , R3 RS 95.20

WAIT FOR CONFIRMATION.

Tuesday, September 15, 2009

CLOSING COMMENTARY FOR SEPT 15 TUESDAY

Zinc prices trading around 90 - 89 levels for the

whole day. Prices need close above 90 then looks

strong till 92 - 94 levels again Ovearll prices

looks consolidating around low prices. If prices

sustains above 89 then buying could come slowly

in zinc. Be on buy side with strict sl below

88 - 87 levels on closing basis .

UPDATES FOR SEPT 15 2009

SEPT 15 TUEDAY

TRADING LEVELS FOR MORNING SESSION.

S1 RS 88.30 , S2 SR 87.20 , S3 RS 85.70

R1 RS 90.60 , R2 RS 92.30 , R3 RS 94

WAIT FOR CONFIRMATION .

Monday, September 14, 2009

CLOSING COMMENTARY FOR SEPT 14 MONDAY

Zinc prices also came down but the correlation between

lead again incresing. Prices seems have very strong

level of 89 and have lot of strong sup around 89 - 88

levels. A strong close below this could be weak till

86 levels. But buying could come above 89 on positive

note.Wait for confirmation .

UPDATES FOR SEPT 14 2009

SEPT 14 MONDAY

TRADING LEVELS FOR MORNING SESSION :

S1 RS 89.10 ,S2 RS 87.90 . S3 BS 86.30

R1 RS 91.30 , R2 RS 92.60 , R3 RS 94

WAIT FOR CONFIRMATION .

Friday, September 11, 2009

MARKET ALERT ON SEPT 11 FRIDAY 2.10 PM IST

Mcx Sep Zinc looks weak at 91.30-91.40

Res abv: 92.60

support 89.90
Mcx Sep Zinc Sell at 91.80 to 91.90 SL 92.80 TGT 90.40 cmp: 91.65

Thursday, September 10, 2009

Mcx Sep Zinc TGT Extended upto 89.60 (Earlier TGT: 91.10)

Shorts Advised at 94, Cmp: 91.30. Book Maximum profits.
MARKET ALERT ON SEPT 10 THURSDAY 7.00 PM IST

MCX Sept Zinc approaching T2 at Rs 91.20

CMP Rs 91.30 ,

book profits.

Sell given at Rs 93.90 .

MKT ALERT AT 5.40 PM SEPT 10

Mcx Sep Zinc TGT Extended upto: 91.10 (Earlier TGT: 92.20)

Amend Stops to abv:93.30 (Shorts Advised at 94) Cmp: 92.45
MCX SEPT ZINC APPROACHING TGT AT 92.30 CMP 92.60/

MULTIPLE LOT HOLDERS BOOK FURTHER PROFITS AT 92.60 TO 92.30

( SELL AT 93.90).
MCX SEPT ZINC : BOOK PART PROFITS AT CMP 93.40 ( SELL AT 93.90).
Mcx NOv Copper Sell At 312.60 to 312.80 SL 315 TGT 308
Mcx Sep Zinc sell At 93.90 to 94 SL 95.30 TGT 92.30
can exit in zinc and nickel longs
buy zinc sept abv 95.20 sl below 94.30 tgt 96.40/97.

UPDATES FOR SEPT 10 2009

SEPT 10 THURSDAY

TRADING LEVELS FOR MORNING SESSION .

S1 RS 94.85 S2 RS 94.50 , S3 RS 93.80

R1 RS 95.25 , R2 RS 95.80 , R3 RS 96.20

WAIT FOR CONFIRMATION .

Wednesday, September 9, 2009

MCX COPPER AND ZINC LONGS : TRADERS ADVISED TO TRADE

LESS VOLUMES AS TRADES CLD BE BIDIRECTIONAL AHEAD OF

FED MEET AND LME. CLD EXIT AT COST IF LOW RISK.
MKT ALERT AT 10 AM

BUY SEPT ZINC AT 95.40 TO 95.60 SL BELOW 94.70

TGT 96.60/ 97.40 MEDIUM RISK

UPDATES FOR SEPT 9 2009

SEPT 9 WEDNESDAY

TRADING LEVELS FOR MORNING SESSION .

S 1 RS 94.70 , S2 RS 94.30 , S3 RS 92.70

R1 RS 95.50 , R2 RS 95.90 , R3 RS 97.4

WAIT FOR CONFIRMATION .

Tuesday, September 8, 2009

CLOSING COMMENTARY FOR SEPT 8 TUESDAY

Zinc prices seems bullish other than lead. Prices

went up straight upto 97 which is its recent previous

high. Prices looks firm above 94.50 levels and 93

levels. Prices could again test 98 levels.

Strong sup seen around 93.80 - 93 levels.

Monday, September 7, 2009

CLOSING COMMENTARY FOR SEPT 7 MONDAY

: Zinc prices seems positive above 92 - 93 levels.

Buy around the sup levels advised. If prices

sustains above 92.50, prices looks firm above

94 - 96 - 98 levels.

Strong sup seen around 93 - 92 levels.

mkt alert at 2.45 pm sept 7

MCX SEPT ZINC : LOW RISK TRADERS HOLDING LONGS BOOK PART

PROFITS AT 94.50( BUY AT 94).
Buy Zinc Sep above 94 SL below 93 T1 95.30 T2 96

UPDATES FOR SEPT 7 2009

SEPT 7 MONDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 92.30 , S2 RS 91.90 , S3 RS 90.30

R1 RS 93.20, R2 RS 94 . R3 RS 95.20

WAIT FOR CONFIRMATION .

Friday, September 4, 2009

base metals consolidating witha positive bias, our morning

buy zinc call full tgt ach at 94.50 still bullisha and

cld next tgt 97 to 97.50 levels with support below 94.80.
MCX SEPT ZINC: T2 ACT AT 94.50/BOOK FULL PROFITS.
MCX SEPT ZINC : APPROACHING T2 AT 94.50 CMP 94.35/ BOOK PROFITS.
MARKET ALERT ON SEPT 4 FRIDAY 10.15 AM IST

MCX Sept Zinc Approaching T 1 at Rs 94 ,

cmp Rs 93.80 , Low risk trader book profits.

Others hold for given tgts .
MARKET ALERT ON SEPT 4 FRIDAY 10.00 AM IST

Buy Zinc Sep above 93 SL below 92.20

T1 94 T2 94.50(

Thursday, September 3, 2009

MCX SEPT ZINC: HITS RES1 AT 91( GIVEN AT 90.25).
MARKET ALERT ON SEPT 3 THURSDAY 2.00 PM IST

MCX Sept Zinc now has support at Rs 89



and Res can be seen at Rs 91.50 levels.

CMP Rs 90.25

could test Res .

UPDATES FOR SEPT 3 2009

SEPT 3 THURSDAY

S1 RS 88.20 , S2 RS 87.10 , S3 RS 85.80

R1 RS 89.60 , R2 RS 90.70 , R3 RS 91.40

WAIT FOR CONFIRMATION .

Tuesday, September 1, 2009

CLOSING COMMENTARY FOR SEPT 1 TUESDAY

Zinc prices went up initially leading lead prices

but unable to hold above the strong res levels of

92. Prices dropped in continuotion with other metals

and came near the open levels Still a positive close

above 90 could be positive for prices and a break

below 89 coule be negative