UPDATES

TECHNICALS FOR NYMEX TRADING JAN 30

MCX FEB LEAD

SHORT TERM ; BEARISH

LONG TERM ; BEARISH

SUPPORTS ; 56, 54, 52.50

\RESISTANCES ; 57.50, 59.50, 61

STAY SHORT AT RESISTANCES

UPDATE

MARKET ALERT AT 1.30 PM

MCX FEB LEAD CMP RS.56.90, STOPLOSS

RS.56, AND TARGET RAS.58.25 TO 58.50.

UPDATES

TECHNICALS FOR JAN 30

MCX FEB LEAD

SHORT TERM ; SIDEWAYS

LONG TERM : BEARISH

SUPPORTS ; 56, 54, 52.60

RESISTANCES ; 57.60, 59.40, 61

WAIT FOR CONFIRMATION

UPDATES FOR NYMEX EVENING TRADE FOR JAN 29 2009

TRADING LEVELS FOR EVENING NYMEX TRADE FOR JAN 29 THURSDAY

SHORT TERM TREND : BEARISH

LONG TERM TREN D: BEARISH

S1 RS 55.30 , S2 RS 54 , S3 RS 52.40

R1 RS 57.60 , R2 RS 59.40 , R3 RS 61

STAY SHORT AT RESISTANCE.

MARKET ALERT ON JAN 29 THURSDAY

MCX Feb Lead is expected to test Rs 58.20,

if it sustains above Rs 55.80.

CMP Rs 56.90.

UPDATES ON JAN 29 2009

JAN 29 THURSDAY

SHORT TERM TREND : SIDEWAYS

LONG TERM TREND : BEARISH

S1 RS 55.30 , S2 RS 54 , S3 RS 52.40

R1 RS 58 , R2 RS 59.40 , R3 RS 61

WAIT FOR CONFIRMATION.

UPDATE

MARKET ALERT AT 6.45 PM JAN 28

MCX FEB LEAD APPROACHING OUR BUY TARGET

RS.57.80, COULD TEST RS.58.70 LEVELS.

UPDATES

TECHNICALS FOR NYMEX TRADING JAN 28

MCX FEB LEAD

SHORT TERM ; SIDEWAYS

LONG TERM ; BEARISH

SUPPORTS ; 55.50, 53.95, 52.30

RESISTANCES ; 57.40, 58.70, 59.70

WAIT FOR CONFIRMATION

UPDATE

MARKET ALERT AT 3.25 PM JAN 28

MCX FEB LEADCMP RS.56.50 LIKELY TO TEST RS.57.80

CURRENT SUPPORT IS AT RS.55.75.

UPDATES ON JAN 28 2009

JAN 28 WEDNESDAY

SHORT TERM TREND : AEARISH

LONG TERM TREND : BEARISH

S1 RS 55.30 , S2 RS 54 , S3 RS 52.30

R1 RS 57.30 , R2 RS 58.60 , R3 RS 59.60

Lead advanced $65 to $1,180 a ton.

It has support at $ 1050 and resistance at $ 1220 .

UPDATES

MARKET ALERT AT 9.15 PM JAN 27

MCX JAN LEAD CMP RS.55.50 IS EXPECTED

TO TEST RS. 54 LEVELS, CURRENT RESISTANCE

SEEN AT RS. 56.50.

UPDATES

TECHNICALS FOR NYMEX TRADING JAN 27

MCX FEB LEAD

SHORT TERM ; BULLISH

LONG TERM ; BEARISH

SUPPORTS ; 57.10, 55.60, 54.60

RESISTANCES ; 58.60, 60.10, 61.70

STAY LONG AT SUPPORTS

UPDATES

TECHNICALS FOR JAN 27

MCX JAN LEAD

SHORT TERM ; SIDEWAYS

LONG TERM : BEARISH

SUPPORTS :54.60, 53,51.60

RESISTANCES ; 56.60, 58.30, 61.70

STAY LONG AT SUPPORTS

UPDATES

MARKETALERT AT 10 AM JAN 27

MCX MARCH SILVER CMP RS.19420, IS

EXPECTED TO MOVE UPAND TEST RS.19560

LEVELS, CURRENT SUPPORT SEEN AT RS.19300.

UPDATES

TECHNICALS FOR NYMEX TRADING

JAN 23

MCX JAN LEAD

SHORT TERM ; BEARISH

LONG TERM : BEARISH

SUPPORTS ; 51.20, 50, 48.70

RESISTANCES ; 53.50, 55.20, 56.60

HOLD SHORTS

UPDATES ON JAN 23 2009

JAN 23 FRIDAY

SHORT TERM TREND : BEARISH

LONG TERM TREND : BEARISH

S1 RS 50.70 , S2 RS 49.10 , S3 RS 47.70

R1 RS 53.80 , R2 RS 55.30 , R3 RS 56.70

lead dropped $34 to $1,053 a ton.

TECHNICALS FOR EVENING NYMEX TRADE FOR JAN 22 2009

JAN 22 THURSDAY

TRADING LEVELS FOR EVENING NYMEX TRADE

SHORT TERM TREND : SIDEWAYS

LONG TRM TREND : BEARISH

S1 RS 52.60 , S2 RS 51 , S3 RS 49.60

R1 RS 54.60 , R2 RS 56 , R3 RS 59.60

UPDATES ON JAN 22 2009

JAN 22 THURSDAY

SHORT TERM TREND : BEARISH

LONG TERM TREND : BEARISH

S1 RS 52 , S2 RS 51 , S3 RS 49.60

R1 RS 54.60 , R2 RS 56 , R3 RS 57.60

STAY SHORT AT RESISTANCE.

Lead dropped $78, or 6.7 percent, to $1,087 a ton.

TECHNICALS FOR EVEING NYMEX TRADE JAN 21 2009

JAN 21 WEDNESDAY

TRADING LEVELS FOR EVENING NYMEX TRADE

SHORT TERM TREND : SIDEWAYS

LONG TERM TREND : BEARISH

S1 RS 55 , S2 RS 53.80 , S3 RS 52.60

R1 RS 56.60 , R2 RS 58 , R3 RS 59.60

UPDATES ON JAN 21 2009

JAN 21 WEDNESDAY

SHORT TERM TREND : SIDEWAYS

LONG TERM TREND : BEARISH

S1 RS 55.20 , S2 RS 53.80 , S3 RS 52.60

R1 RS 58 , R2 RS 59.40 , R3 RS 60.70

Lead declined 3.2 percent to $1,147 a ton .

TECHNICALS FOR NYMEX TRADE JAN 20 2009

JAN 20 TUESDAY

TRADING LEVELS FOR EVENING TRADE IN NYMEX

SHORT TERM TREND : SIDEWAYS

LONG TERM TREND : BEARISH

S1 RS 55.40 , S2 RS 53.80 , S3 RS 52.60

R1 RS 58 , R2 RS 59.40 , R3 RS 60.70

UPDATES ON JAN 20 2009

JAN 20 TUESDAY

SHORT TERM TREND : BULLISH

LONG TERM TREND : BEARISH

S1 RS 55.40 , S2 RS 53.80 , S3 RS 52.60

R1 RS 58 , R2 RS 59.40 , R3 RS 60.70

BUY ON DIPS FOR INTRA DAY.

Lead fell 1.2 percent to $1,155 a ton .

Lead prices are trading sideways.

Analyst feel it looks positive only if it sustains

above Rs 57.20 in the MCX Jan contract.

If there is abreak out above Rs 58.70 , it could test

Rs 59.90 in the MCX.

TECHNICALS FOR EVENING TRADE JAN 19 2009

JAN 19 MONDAY



TRADING LEVELS FOR EVENING TRADE

SHORT TERM TREND : SIDEWAYS

LONG TERM TREND : BEARISH

S1 RS 55.10 , S2 RS 53.60 , S3 RS 52

R1 RS 56.60 , R2 RS 58 , R3 RS 59.70

UPDATES ON JAN 19 2009

JAN 19 MONDAY

SHORT TERM TREND : SIDEWAYS

LONG TERM TREND : BEARISH

S1 RS 55.10 , S2 RS 53.60 , S3 RS 52

R1 RS 57.60 , R2 RS 59 , R3 RS 60.70

Lead i at $ 1177 up $ 23.

Prices are holding and unable to break lower levels.

Analyst feel that a break above $ 1220 could lead to

further buying.

It has suport at $ 1050 and resistence at $ 1220.

UPDATES

TECHNICALS FOR NYMEX TRADING JAN 16

MCX JAN LEAD

SHORT TERM : SIDEWAYS

LONG TERM : BEARISH

SUPPORTS ; 55.10, 53.60, 52

RESISTANCES ; 57.60, 59, 60.70

WAIT FOR CONFIRMATION

UPDATES

TECHNICALS FOR JAN 16

MCX JAN LEAD

SHORT TERM : BEARISH

LONG TERM : BEARISH

SUPPORTS ; 54.60, 53,51

RESISTANCES ; 56.60, 58. 60.5

STAY SHORT AT RESISTANCES

UPDATES

TECHNICALS FOR NYMEX TRADING

JAN 15

MCX JAM LEAD

SHORT TERM ; BEARISH

LONG TERM ; BEARISH

SUPPORTS ; 54, 52.60, 51

RESISTANCES; 55.60, 57, 59

STAY SHORT AT RESISTANCES

UPDATE

MARKET ALERT AT 10.45 AM JAN 15

MCX JAN LEAD CMP RS.54.60 IS EXPECTED

TOTEST RS.53, CURRENT RESISTANCE SEEN

AT RS.55.50.

updatesMARKET ALERT AT 10.45 AM JAN 15

UPDATES

TECHNICALS FOR JAN 15

MCX JAN LEAD

AHORT TERM ; BEARISH

LONG TERM : BEARISH

SUPPORTS : 54.60, 53, 51.60

RESISTANCES ; 56.60, 58, 60

STAY SHORT AT RESISTANCES

MARKET ALERT ON JAN 14 WEDNESDAY 9.10 PM IST

MCX Jan lead is expected to test Rs 54.10 ,

if it sustains below Rs 56.60.

CMP Rs 55.50.

UPDATES

TECHNICALS FOR NYMEX TRADING JAN 14

MCX JAN LEAD

SHORT TERM : BEARISH

LONG TERM : BEARISH

SUPPORTS : 55.60, 54, 52.60

RESISTANCES : 57.60, 59, 61

STAY SHORT AT RESISTANCES

UPDATES

TECHNICALS FOR JAN 14

MCX JAN LEAD

SHORT TERM ;BEARISH

LONG TERM : BEARISH

SUPPORTS : 57, 55.60, 53.60

RESISTANCES ; 59.60, 61, 63

WAIT FOR CONFIRMATION

UPDATES

TECHNICALS FOR NYMEX TRADING

JAN 13

MCX JAN LEAD

SHORT TERM ; BEARISH

LONG TERM ; BEARISH

SUPPORTS ; 53, 51.60, 50

RESISTANCES ; 54.60, 56, 58.60

STAY SHORT AT RESISTANCES

UPDATES

TECHNICALS FOR JAN 13

MCX JAN LEAD

SHORT TERM ; BEARISH

LONG TERM: BEARISH

SUPPORTS :56.60, 55,53

RESISTANCES:58.60, 60, 61.60

STAY SHORT AT RESISTANCES

UPDATES

TECHNICALS FOR NYMEX TRADING

MCX JAN LEAD

SHORT TERM : BEARISH

LONHG TERM : BEARISH

SUPPORTS : 56.60, 55, 53

RESISTANCES : 58.60, 60, 61.60

STAY SHORT AT RESISTANCES

UPDATES ON JAN 12 2009

JAN 12 MONDAY

SHORT TERM TREND : SIDEWAYS

LONG TERM TREND : BEARISH

S1 RS 57.60 , S2 RS 55.40 , S3 RS 53

R1 RS 59.60 , R2 RS 61 , R3 RS 63.60

WAIT FOR CONFIRMATION.

UPDATES

TECHNICALS FOR NYMEX TRADIMG

JAN 9

MCX JAN LEAD

SHORT TERM ; BEARISH

LONG TERM ; BEARISH

SUPPORTS : 55.60, 53.40, 52

RESISTANCES : 57.60, 59, 61.60

STAY SHORT AT RESISTANCES

UPDATES

TECHNICALS FOR JAN 9

MCX JAN LEAD

SHORT TERM ; BEARISH

LONG TERM ; BEARISH

SUPPORTS ; 55.30, 53.40, 52

RESISTANCES ; 58.30, 60, 61.60

STAY SHORT AT RESISTANCES

UPDATES

TECHNICALS FOR NYMEX TRADING

JAN 8

MCX JAN LEAD

SHORT TERM ; BEARISH

LONG TERM ; BEARISH


SUPPORTS : 55, 53.40, 52

RESISTANCES ; 57.70, 59, 60.60

STAY SHORT AT RESISTANCES

UPDATE

MARKET ALERT AT 11 AM JAN 8

MCX JAN LEAD CMP RS.56,MAY TEST RS.55 RS.54.50

LEVELS , CURRENT RESISTANCE SEEN AT RS.57.

MARKET ALERT ON JAN 8 THURSDAY 11.15 AM IST

MCX JAN Lead is expected to test Rs 54,

if it sustains below Rs 57.

UPDATES ON JAN 8 2009

JAN 8 THURSDAY

SHORT TERM TREND : BEARISH

LONG TERM TREND : BULLISH

S1 RS 55 , S2 RS 53.40 , S3 RS 52

R1 RS 57.70 , R2 RS 59 , R3 RS 60.60

STAY SHORT AT RESISTENCE.

lead fell $39 to $1,139 a ton

Lead has support at $ 800 and resistence at $ 1220.

UPDATES

TECHNICALS FOR NYMEX TRADING

JAN 7

SHORT TERM ; SIDEWAYS

LONG TERM ; BULLISH

SUPPORTS : 57.30, 56, 54.40

RESISTANCES ; 60.40, 62, 63.60

WAIT FOR CONFIRMATION

updates

MARKET ALERT AT 11AM JAN 7

MCX JAN LEAD EXPECTEDTO TEST RS.61.90 LEVELS,

CURRENT SUPPORT SEEN AT RS.58.75.

UPDATES

TECHNICALS FOR JAN 7

MCX JAN LEAD

SHORT TERM : BULLISH

LONG TERM ; BULLISH

SUPPORTS :57.30, 56,54.40

RESISTANCES :60.40, 62, 63.60,

STAYLONG AT SUPPORTS

UPDATES

TECHNICALS FOR NYMEX TRADING

JAN 6

MCX JAN LEAD

SHORT TERM ; BULLISH

LONG TERM ; BULLISH

SUPPORTS ; 56.30, 55, 53.60

RESISTANCES ; 58.60, 60, 61.60

STAY LONG AT SUPPORTS

UPDATE

MARKET ALERT AT 4 PM JAN 6

MCX JAN LEAD CMP RS.56.90, EXPECTED

TO TEST RS.58.60, SUPPORT SEEN AT RS.55.95.

UPDATES ON JAN 6 2009

JAN 6 TUESDAY

SHORT TERM TREND : SIDEWAYS

LONG TERM TREND : BULLISH

S1 RS 53.30 , S2 RS 51.40 , S3 RS 50.60

R1 RS 55.80 , R2 RS 57.20 , R3 RS 58.80

WAIT FOR CONFIRMATION.

UPDATES

MARKET ALERT AT 6 PM JAN 5

MCX JAN LEAD CMP RS.52.90 IS EXPECTED

TO TEST RS.50.95 LEVELS , RESISTANCE IS

SEEN AT RS.53.95.

UPDATES

TECHNICALS FOR NYMEX TRADING

JAN 5

MCX JAN LEAD

SHORT TERM ; SIDEWAYS

LONG TERM ; BULLISH

SUPPORTS ; 53.30, 51.40, 50.60

RESISTANCES : 55.30, 57, 58.60

WAIT FOR CONFIRMATION

UPDATES ON JAN 5 2009

JAN 5 MONDAY

SHORT TERM TREND : BULLISH

LONG TERM TREND : BULLISH

S1 RS 53.30 , S2 RS 50.40 , S3 RS 48.60

R1 RS 55.70 , R2 RS 57 , R3 RS 58.60

STAY LONG AT SUPPORT.

Lead gained 0.9 percent to $1,100 a ton as of 11:25 a.m.

Singapore time.

UPDATES

TECHNICALS FOR NYMEX TRADING

JAN 2

MCX JAN LEAD

SHORT TERM ; BULLISH

LONG TERM : BULLISH

SUPPORTS ; 49, 48, 46.60

RESISTANCES ; 51, 52.80, 54

STAY LONG AT SUPPORTS

UPDATE

MARKET ALERT AT 3 30 PM JAN 2

MCX JAN LEAD CMP RS. 49.10 IS EXPECTED TO

TEST RS.50.90 LEVELS,CURRENT SUPPORT SEEN

AT RS.48.15 .

UPDATES ON JAN 2 2009

JAN 2 FRIDAY

SHORT TERM TREND: BULLISH

LONG TERM TREND : BEARISH

S1 RS 49, 47, 45

R1 RS 50.60, 51.80, 53


STAY LONG AT SUPPORTS

lead gained $15, or 1.6 percent, to $970 a ton.

UPDATES

TECHNICALS FOR EVENING TRADE

MCX JAN LEAD

SHORT TERM : BULLISH

LONG TERM : BEARISH

SUPPORTS : 49, 47, 45

RESISTANCES : 50.60, 51.80, 53

STAY LONG AT SUPPORTS

UPDATES

TECHNICALS FOR JAN 1 2009

MCX JAN LEAD

SHORT TERM : BULLISH

LONG TERM : BEARISH

SUPPORTS : 48.10, 46 , 45

RESISTANCES : 50.30, 51.80, 53

STAY LONG AT SUPPORTS