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Thursday, December 31, 2009

TECHNICALS FOR NYMEX TRADE FOR DEC 31 2009

DEC 31 THURSDAY

TRADING LEVELS FOR EVENING SESSION

S1 RS 118.60 , S2 RS 117.80, S3 RS 117.60

WAIT FOR CONFIRMATION .
MARKET ALERT ON DEC 31 THUSDAY 12.20 PM IST

MCX Jan Zinc has immediete Res at Rs 120.05 , which it has

broken.

Next Res is seen at Rs 121.40

Support is seen below Rs 119.

These are trading levels .

UPDATES FOR DEC 31 2009

DEC 31 THURSDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 118.40 , S2 RS 117.60 , S3 RS 116.60

R1 RS 120.40 , R2 RS 121.40 , R3 RS 122.60

WAIT FOR CONFIRMATION .

Wednesday, December 30, 2009

CLOSING COMMENTARY FOR DEC 30 WEDNESDAY

Zinc prices holding at highs and still looks firm. Prices went up

till its psychological level of 120 and trading near its low.

Prices a close above 118 looks again to test more highs.

A selling or close below 118 will decide further trend.

Overall looks firm and holding.
MCX JAN ZINC UPDATE: BULLISH ABV 119 WITH SUPPORT AT 118 AND CLD TEST 119.80/120.40 ( LEVELS)

UPDATES FOR DEC 30 2009

DEC 30 WEDNESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 117.60 , S2 RS 116.60 , S3 RS 115.40

R1 RS 119.20 , R2 RS 120.40 , R3 RS 121.40

WAIT FOR CONFIRMATION .

Tuesday, December 29, 2009

CLOSING COMMENTARY FOR DEC 29 TUESDAY

Zinc continues to trade positively and holding at higher levels

around 118. Prices could test 120 levels and some prof booking

could be seen at around those levels. Prices slightly in

overbought zone so buying should be done with some strict

sl.Sup seen at 117 - 116.50.

MRKT ALERT 8.10 PM

MCX JAN ZINC TRADERS CAN BOOK PART PROFITS UPTO 118.70, BUY GIVEN AT 118, OTHERS CAN HOLD FOR TARGETS GIVEN

MRKT ALERT 7.30 PM

Mcx Jan Zinc Buy at 118-118.20 SL below 117.40 TGT 119.60 ( High Risk BC )
MARKET ALERT ON DEC 29 TUESDAY 7.15 PM IST

MCX Jan Zinc buy at Rs 118 to 118.20

stop loss below Rs 117.40

Target Rs 119.60

This is a High Risk Call .

TECHNICALS FOR NYMEX TRADE FOR DEC 29 2009

DEC 29 TUESDAY

TRADING LEVELS FOR EVENING SESSION

S1 RS 117.40 , S2 RS 116.60 , S3 RS 115.60

R1 RS 119.20 , R2 RS 120.20 , R3 RS 121.30

WAIT FOR CONFIRMATION .

UPDATES FOR DEC 29 2009

DEC 29 TUESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 105.20 , S2 RS 104 , S3 RS 102.90

R1 RS 106.60 , R2 RS 107.40 , R3 RS 108.50

WAIT FOR CONFIRMATION .

Monday, December 28, 2009

TECHNICALS FOR NYMEX TRADE FOR DEC 28 2009

DEC 28 MONDAY

TRADING LEVELS FOR EVENING SESSION

S1 RS 116.70 , S2 RS 115.70 , S3 RS 114.60

R1 RS 119 , R2 RS 120.20 , R3 RS 121.30

WAIT FOR CONFIRMATION .

UPDATES FOR DEC 28 2009

DEC 28 MONDAY

TRADING LEVELS FOR MORNING SESSION .

S1 RS 116.30 , S2 RS 115.40 , S3 RS 114.10

R1 RS 118.20 , R2 RS 119.10 , R3 R S119.90

WAIT FOR CONFIRMATION .

Wednesday, December 23, 2009

TECHNICALA FOR NYMEX TRADE FOR DEC 23 2009

DEC 23 WEDNESDAY

TRADING LEVELS FOR EVENING SESSION

S1 RS 113.30 , S2 RS 112.60 , S3 RS 111.80

R1 RS 114.70 , R2 RS 115.60 , R3 RS 116.80

WAIT FOR CONFIRMATION .

UPDATES FOR DEC 23 2009

DEC 23 WEDNESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 112.50 , S2 RS 111.80 , S3 RS 110.80

R1 RS 114.30 , R2 RS 115.30 , R3 RS 116.60

WAIT FOR CONFIRMATION .

Tuesday, December 22, 2009

TECHNICALS FOR DEC 22

MCX DEC ZINC

SUPP: 113/112.10/111.15

RES: 114.30/115.40/116.60

PREFER LONGS AT SUPPORTS

Monday, December 21, 2009

MARKET ALERT ON DEC 21 MONDAY 1.30 PM IST

MCX Dec Zinc low risk traders can book part profits at

CMP Rs 113.30.

Buy was given at Rs 112.40 to 112.60

Others hold for levels given.

mkt alert at 11 am

Buy Zinc Dec between 112.40 - 112.50 SL below 111.60 T1 113.60 T2 114.30

high risk call.

Friday, December 18, 2009

CLOSING COMMENTARY FOR DEC 18 FRIDAY

Zinc prices trading positively though all other metals slightly

slipped. The diff is widened with lead prices and trading firm.

Buying could come again at 110 - 109 levels for a target of

113 - 115 levels. A negative close below 109 levels could be

watched for downside.

TECHNICALS FOR NYMEX TRADE FOR DEC 18 2009

DEC 18 FRIDAY

TRADING LEVELS FOR EVENING SESSION

S1 RS 110.40 , S2 RS 109.60 , S3 RS 108.30

R1 RS 112.30 , R2 RS 113.10 , R3 RS 114.10

WAIT FOR CONFIRMATION .
technicals for dec 18

MCX DEC ZINC

SUPP: 110.40/109.60/108.30

RES: 112.30/113.10/114.10

WAIT FOR CALLS

Thursday, December 17, 2009

TECHNCIALS FOR NYMEX TRADE FOR DEC 17 2009

DEC 17 THURSDAY

TRADING LEVELS FOR EVENING SESSION

S1 RS 110.10 , S2 RS 109 , S3 RS 107.90


R1 RS 110.70 , R2 RS 112 , R3 RS 113.20

WAIT FOR CONFIRMATION .
TECHNICALS FOR DEC 17

MCX DEC ZINC

SUPP:111.40/110.50/109.50

RES: 113.10/114.30/115.50

PREFER LONGS AT SUPPORTS

Wednesday, December 16, 2009

TECHNICALS FOR DEC 16

MCX DEC ZINC

SUPP: 107.20/106.10/105

RES: 108.80/109.60/110.70

WAIT FOR CALLS

Tuesday, December 15, 2009

TECHNICALS FOR NYMEX TRADE FOR DEC 15 2009

DEC 15 TUESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS106.20 , S2 RS 105.30 , S3 RS 104.30

R1 RS 107.30 , R 2 RS 108.60 , R3 RS 109.50

WAIT FOR CONFIRMATION .
TECHNICALLS FOR DEC 15

MCX DEC ZINC

SUPP: 107.50/106.40/105.60

RES: 109.20/110.50/111.60

WAIT FOR CALLS

Monday, December 14, 2009

TECHNICALS FOR DEC 14

MCX DEC ZINC

SUPP: 106/104.80/103.80

RES: 108.30/109.60/110.70

WAIT FOR CALLS

Friday, December 11, 2009

UPDATES FOR DEC 11 2009

DEC 11 FRIDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 104.560 , S2 RS 103.30 , S3 SR 102.30

R1 RS 106.35 , R2 RS 107.50 , R3 RS 108.40

WAIT FOR CONFIRMATION .

Thursday, December 10, 2009

MKT ALERT AT 11.50 AM

OUR ZINC SELL NOT TRIGGERED /WAIT FRESH CALL//SORRY!!!

mkt alert at 11.10 am

Sell Zinc Dec 106 to 106.20 SL above 106.80 T1 104.90 T2 104.10

high risk call
TECHNICALS FOR DEC 10

MCX DEC ZINC

SUPP: 105.20/104/102.80

RES: 107.60/108.60/104

WAIT FOR CALLS

Tuesday, December 8, 2009

CLOSING COMMENTARY FOR DEC 8 TUESDAY

Zinc prices trading strong than lead and trying to reduce the

spread with that. Prices cant able to break much and prics

holding above 107 levels. A positive close today could have

buying again till 109.50 - 111 levels.

Prices holding at higher levels with low momentum .

MKT ALERT AT 1.50 PM

MCX DEC ZINC: UNABLE TO BREAK OUT OF RES/LOW RISK

TRADERS CLD EXIT AT 108 TO 108.20.

mkt alert at 12 noon

Buy Zinc Dec betewen 108.30 - 108.40 SL below 107.50 T1 109.40 T2 110.20

Monday, December 7, 2009

CLOSING COMMENTARY FOR DEC 7 MONDAY

Zinc prices also came down in line with lead prices. Prices

dropped with open low and prices broken the strong sup of 109.

Prices now have strong sup of around 106.50 and a close below

could test 105 - 104 levels on intraday basis.

Res is seen at 108 - 109.50 .

MKT ALERT AT 7.30 PM

Sell Zinc Dec between 107.60 - 107.80 SL 108.80 T1 106.20

T2 105.50 HIGH RISK CALL.
TECHNICALS FOR DECEMBER 7

MCX DEC ZINC

SUPP: 108.40/107.60/106.90

RES: 110.10/110.90/111.60

WAIT FOR CALLS

Friday, December 4, 2009

CLOSING COMMENTARY FOR DEC 4 FRIDAY

Zinc prices corrected for the second day from the strong res

level of 112 levels. Prices below 109 levels on a closing and

more selling below this could see prices till 107 levels. Prices have

more chance to bounce back from 109 levels. Prices holding at

highs. Res is seen at 110- 111.50 Sup is at 108.50 - 107.
TECHNICALS FOR DEC 4

MCX DEC ZINC

SUPP: 109.30/108.10/107

RES:111.40/112.60/113.50

WAIT FOR CALLS

Thursday, December 3, 2009

CLOSING COMMENTARY FOR DEC 3 THURSDAY

Zinc prices even though went up straight from 103 levels

cant able to break much. Prices holding at highs around 111

levels. A break and close above 112 could have further

upside movement till 114 levels. Prices with open low and

selling below 110 could only weak.

Overall looks firm.

UPDATES FOR DEC 3 2009

DEC 3 THURSDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 110.50 , S2 RS 109.60 , S3 RS 108.70

R1 RS 112.40 , R2 RS 113.30 , R3 RS 115

WAIT FOR CONFIRMATION .

Wednesday, December 2, 2009

MARKET ALERT ON DEC 2 WEDNESDAY 8.15 PM IST

MCX Dec zinc T 1 Achieved at Rs 111.50

Buy was initiated above Rs 110.50.

MRKT ALERT 6 PM

Buy Zinc Dec above 110.60 SL below 109.70 T1 111.60 T2 112.30 ( BC )

MKT ALERT AT 10.50 AM

Buy Zinc Dec between 109.20 - 109.40 SL below 108.20

T1 110.50 T2 111.20

UPDATES FOR DEC 2 2009

DEC 2 WEDNESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 108.10 , S2 RS 107.10 , S3 RS 105.80

R1 RS 110.10 , R2 RS 111.30 , R3 RS 112.60

WAIT FOR CONFIRMATION .

Tuesday, December 1, 2009

MARKET ALERT ON DEC 1 TUESDAY

MCX Dec Zinc T 2 Achieved at Rs 107.20 ,

Buy was given at Rs 106.10 .

Book full profits .
MARKET ALERT ON DEC 1 TUESDAY 1.30 PM IST

MCX Dec Zinc T 1 Achieved at Rs 106.80 .

Buy was at Rs 106.10 .

mkt alert at 1,15pm

mcx dec zinc: traders holding longs book part profits at 106.75( buy at 106.10 )/

hold for levels.

mkt alert at 11.20 am

buy mcx dec zinc at 106 to 106.20 sl below 105.50 tgt 106.80/107.20.

UPDATES FOR DEC 1 2009

DEC 1 TUESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 105.20 , S2 RS 104.30 , S3 RS 103

R1 RS 107.60 , R2 RS 108.70 , R3 RS 109.60

WAIT FOR CONFIRMATION .