MARKET ALERT ON OCT 30 FRIDAY 11;.00 AM IST

MCX Oct Zinc looks positive above Rs 105.50

it could test Rs 107.50 levels

support is seen below Rs 105.

OCT 30 FRIDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 103.70 , S2 RS 102.50 , S3 RS 101.80

R1 RS 106.10 , R2 RS 107.40 , R3 RS 109

WAIT FOR CONFIRMATION .

Natural gas prices trading negative and high volatile

as inventories came. Prices with open low and below the

strong res of 245 trading negative. Prices tested 235

levels. A negative close below 245 could be more bearish.

Prices breaking 245 upwards could have some buying.

MCX OCT ZINC : LOW RISK TRADERS EXIT AT 102.20 TO 102.30

LEVELS AND REENTER SELLS BELOW 101.90.

Buy Zinc Oct between 107.10 - 107.30 SL below 106.40

T1 108.10 T2 108.60 ( High Risk )

OCT 28 WEDNESDAY

TRADING LEVELS FOR MORNING SESSION.

S1 RS 105.50 , S2 RS 104.30 , S3 RS 103

R1 RS 107.80 , R2 RS 109.00 , R3 RS 110.60

WAIT FOR CONFIRMATION .

CLOSING COMMENTARY FOT OCT 27 TUESDAY

Zinc prices trading with yesterday price band between

105 - 109 levels with huge gap. Prices have very

strong sup of 105 levels below this prices could

test more correction. Overll prices looks firm on

a close above 106.50 levels .

OCT 27 TUESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 105.50 , S2 RS 104.30 , S3 RS 103

R1 RS 107.80 , R2 RS 109 , R3 RS 110.60

WAIT FOR CONFIRMATION .

CLOSING COMMENTARY FOR OCT 26 MONDAY

Zinc prices with open high still steady and breaking

too much. Prices have strong sup around 105.70 - 106

then 104 - 103.60 levels. Overall seems positive and

have to wait for confirmation.

MCX OCT ZINC UPDATE: BULLISH ABV 105.70 WITH SUPPPORT

AT 104.70 AND CLD TGT 107.40/

OCT 26 MONDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 103.40 , S2 RS 102 , S3 RS 100.70

R1 RS 105.40 , R2 RS 106.80 , R3 RS 107.60

WAIT FOR CONFIRMATION .

CLOSING COMMENTARY FOR OCT 23 FRIDAY

Zinc prices seems strong and trading positive for the

whole day. Prices looks frim above 103 - 103.50 levels .

Any prices could correct from here or after a upward

movement as the prices is in overbought zone. Correction

expected. Strong sup is seen around 103 levels and

res is seen around 105 - 105.50. Above the res levels

more highs can be posible.

MCX OCT ZINC : T2 ACH AT 105.50( BUY GIVEN AT 103.90)

MCX OCT ZINC : LOW RISK TRADERS BOOK FULL PROFITS AT 105.10

TO 105.20 ( OUTGT2 IS 105.50) BUY GIVEN AT 103.90/OTHERS HOLD

FOR T2 .

MARKET ALERT ON OCT 23 FRIDAY 10.50 AM IST

MCX Zinc Octlooks positive between 103.90 - 104

Support is seen below 103.20

Res 1 104.90

Res 2 105.50

OCT 23 FRIDAY

TRADING LEVELS FOR MORNING SESSION .

S1 RS 102.430 , S2 RS 100.70 , S3 RS 99.60

R1 RS 104.60 , R2 RS 106 , R3 RS 107.50

WAIT FOR CONFIRMATION .

CLOSING COMMENTARY FOR OCT 22 THURSDAY

Zinc prices trading firm in MCX and reducing the

spread between Lead prices .Prices trading firm above

the strong sup of 102 levels. Prices tested nearly

105 levels. Prices in slightly overbought zone so

caution advised on longs.

Overll looks firm.

CLOSING COMMENTARY FOR OCT 21 WEDNESDAY


Zinc prices went up sharply after cutting the life

time high and strong res of around 98 levels. Prices

trading at all time high. Prices have strong res of

around 103 and above that could test 105 - 107 levels.

OCT 21 WEDNESDAY

TRADING LEVELS FOR MORNING SESSION .

S1 RS 96.80 , S2 RS 95.70 , S3 RS 94.30

R1 RS 98.60 , R2 RS 99.80 , R3 RS 101.10

WAIT FOR CONFIRMATION .

MCX OCT ZINC APPROACHING T2 AT 98.20 CMP 98.10

( BUY GIVEN AT 96.60)/BOOK FULL PROFITS.

MCX OCT ZINC APPROACHING T1 AT 97.60 CMP 97.40/LOW RISK

TRADERS BOOK PROFITS ( BUY GIVEN AT 96.60)

MCX OCT ZINC APPROACHING T1 AT 97.60 CMP 97.25/LOW RISK

TRADERS BOOK PROFITS AT 97.20 TO 97.60( BUY AT 96.60)/OTHERS HOLD FOR T2.

OCT 20 TUESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 95.40 , S2 RS 94.60 ,S3 RS 93.40

R1 RS 97.60 , R2 RS 98.70 , R3 RS 99.40

WAIT FOR CONFIRMATION .

CLOSING COMMENATRY FOR OCT 19 MONDAY

Zinc prices went up with a sharp bounce in prices.

Prices went up breaking strong res levels of 94.

Prices now trading around the strong res of 97 -

97.50 levels. A break and close above could be more

positive for prices till 100 levels.

Wait for confirmation.

TECHNICALS FOR OCT 16

MCX OCT ZINC

SUPP" 92.10/91/89.80

RES; 94.40/95.70/97

WAIT FOR CALLS

MCX OCT ZINC : T2 ACH AT 91.80( SELL GIVEN AT 93.20/BOOK FULL PROFITS.

MCX OCT ZINC: APPROACHING T1 AT 92.40/LOW RISK

TRADERS BOOK FULL PROFITS AT 92.60 TO 92.40/HOLD FOR T2

MCX OCT ZINC : LOW RISK TRADERS BOOK PART PROFITS

AT CMP 92.75/SELL GIVEN AT 93.20/

Sell Zinc Oct between 93.20 - 93.30 SL above 93.90 T1 92.40 T2 91.80

TECHNICALS FOR OCT 15

MCX OCT ZINC

SUPP; 91.190/90.70/89.50

RES: 94.60/96.10/97.50

WAIT FOR CALLS

TECHNICALS FOR NYMEX TRADING OCT 14

MCX OCT ZINC

SUPP; 92.30/91.20/89.80

RES; 93.90/95./96.30

WAIT FOR CALLS

TECHNICALS FOR OCT 14

MCX OCT ZINC

SUPP; 91.90/90.70/89.60

RES: 93.90/94.70/95.80

WAIT FOR CALLS

TECHNICALS FOR NYMEX TRADING OCT 13

MCX OCT ZINC

SUPP; 94.80/93.50/92.30

RES: 97.1098.40/99.60

PREFER LONGS AT SUPORTS

CLOSING COMMENTARY FOR OCT 12 MONDAY

Zinc prices trading firm among base metals. Prices

broken strong res of 95.70 - 96 and still holding.

Prices have another strong res of around 96 - 97 and

a break could be positive for prices till 99 - 100

levels. Strong sup seen around 94 levels.

Looks firm..

TECHNICALS FOR NYMEX TRADING OCT 12

MCX OCT ZINC

SUPP; 95.20/94/92.70

RES: 96.60/97.80/99

PREFER LONGS AT SUPPORTS

MCX OCT ZINC : LOW RISK TRADERS BOOK PART PROFITS

AT 96( BUY GIVEN AT 95.70)/OTHERS HOLD FOR TGTS.

Buy Zinc Oct above 95.70 SL below 95 T1 96.50 T2 97.50

OCT 12 MONDAY

TRADING LEVELS FOR MORNING SESSION .

S1 RS 92.80 , S2 RS 91.60 , S3 RS 90.40

R1 RS 95.60 , R2 RS 97.10 , R3 RS 98.40

WAIT FOR CONFIRMATION .

CLOSING COMMENTARY FOR OCT 9 FRIDAY

Zinc prices looks unusual. Prices had strong res of

95 and 95.70 and unable to hold as selling came for

correction. Prices coudl correct more below 95 levels

till 93 - 92 again if sustains below 95.

Wait for confirmation .

OCT 9 FRIDAY

TRADING LEVELS FOR MORNING SESSION .

S1 RS 94.10 , S2 RS 92.90 , S3 RS 91.70

R1 RS 95.80 , R2 RS 97.20 , R3 RS 98.40

WAIT FOR CONFIRMATION .

MARKET ALERT ON OCT 9 FRIDAY 4.00 PM IST

MCX Oct Zinc now has support at Rs 93.30

Res can be seen at Rs 95.90 levels

CMP Rs 94.85.

OCT 9 FRIDAY

TRADING LEVES FOR MORNING SESSION .

S1 RS 94.10 , S2 RS 93.20 , S3 RS 92

R1 RS 95.60 , R2 RS 97.10 , R3 RS 98.40

WAIT FOR CONFIRMATION .

TECHNICALS FOR NYMEX TRADING OCT 8

MCX OCT ZINC

SUPP; 91.40/90.60/89.50

RES; 92.80/93.70/95.10

PREFER LONGS AT SUPPORTS

OCT 8 THURSDAY

TRADING LEVELS FOR MORNING SESSION.

S1 RS 88.40 , S2 RS 87.60 , S3 RS 86.20

R1 RS 90.60 , R2 RS 91.60 , R3 RS 93

WAIT FOR CONFIRMATION .

Zinc prices with open low went up to 91. Prices trading

bit positive from yesterday. Prices above 91 could be

more postive till 92 - 93 for short term. Prices looks

bullish but trading with tight range. Wait for confrmation

TECHNICALS FOR NYMEX TRADING OCT 7

MCX OCT ZINC

SUPM:88.90/88/86.70

RES; 90.70/92/93.30

WAIT FOR CALLS

MCX OCT ZINC UPDATE; CMP 89.75 HAS SUPPORT AT 89 AND CLD

TEST 90.50 TO 90.80.

OCT 7 WEDNESDAY

TRADING LEVELS FOR MORNING SESSION .

S1 RS 87.80 , S2 RS 86.20 , S3 RS 84.80

R1 RS 90.10 , R2 RS 91.60 , R3 RS 93

WAIT FOR CONFIRMATION .

Zinc prices still trading very thin between 88 - 90.

Prices highly range bound between those prices. Prices

need to close above or below thes levels for further

movement. Prices above 90 could test 92 levels. A close

below 88 could be negative for prices till 86.

TECHNICALS FOR NYMEX TRADING OCT 6

MCX OCT ZINC

SUPP; 88.90/88/86.70

RES; 90.70/92/93.30

PREFER LONGS AT SUPPORTS

MCX OCT ZINC: HIGH RISK TRADERS IF ANY HOLDING LONGS

BOOK PART PROFITS AT 89.50/HOLD FOR TGT GIVEN OTHERS.

Mcx Oct Zinc Buy At 89 to 89.10 SL Blw 88 TGT 90.40

OCT 6 TUESDAY

TRADING LEVELS FOR MORNING SESSION ,

S1 RS 87.80 , S2 RS 86.20 , R3 RS 84.80

R1 RS 90.10 , R2 RS 91.60 , R3 RS 93

WAIT FOR CONFIRMATION .

Zinc prices trading seen between came down intially

but less trading activity seen. Prices have very

strong sup of around 88 and at 89. Prices need to

close above this prices could re test again 90 - 91

levels for a short term. Sup levels should be noted

whether closing or not.

Exit Shorts in Mcx Oct Zinc at Cmp: 89, Prices unabLE to

gain Downward momentum(Shorts Advised at 89)

OCT 5 MONDAY\

TRADING LEVELS FOR EVENING SESSION .

S1 RS 87.80 , S2 RS 86.20 , S3 RS 85

R1 RS 90.30 , R2 RS 91.60 , R3 RS 93

WAIT FOR CONFIRMATION .

MARKET ALERT ON OCT 5 MONDAY 3.00 PM IST

Mcx Oct Zinc looks weak Below: 89

Res is seen abv: 90

Support : 87.80 .

OCT 5 MONDAY

TRADING LEVELS FOR MORNING SESSION .

S1 RS 89.10 , S2 RS 87.80 , S3 RS 86.40

R1 RS 92.60 , R2 RS 93.50 , R3 RS 94.80

WAIT FOR CONFIRMATION .

CLOSING COMMENTARY FOR OCT 1 THURSDAY

Zinc prices dropped sharply from the strong res of 93.

Prices came down and now trading around the strong

sup of around 91. Below this levels prices could

test more lows of 90 - 89. If prices sustains

above 89.50 - 90 levels then again buying could

come and target for 93 and above.

OCT 1 THURSDAY

TRADING LEVELS FOR EVENING SESSION .

S1 RS 91.70 , S2 RS 90.20 , S3 RS 88.80

R1 RS 93 , R2 RS 93.80 , R3 RS 95.10

WAIT FOR CONFIRMATION.

MCX OCT ZINC IS WEAK BELOW 93 WITH RES ABV 93.80

AND CLD TEST 91.70.

MARKET ALERT ON OCT 1 THURSDAY 1.00 PM IST

MCX Oct Zinc CMP Rs 93.70 , low risk traders can book

part profits and others hold for tgts given.

Buy was at Rs 93.10 to 93.30 .

Buy Zinc Oct betwen 93.10 - 93.30 SL belw

92.50 T1 94 T2 94.50

OCT 1 THURSDAY

TRADING LEVELS FOR MORNING SESSION .

S1 RS 92.20 , S2 RS 90.80 , S3 RS 89.70

R1 RS 93.90 , R2 RS 95.10 , R3 RS 96.40

WAIT FOR CONFIRMATION .