TECHNICALS FOR EVENING NYMEX TRADE FOR FEB 27 2009

FEB 27 FRIDAY

TRADING LEVELS FOR EVENING NYMEX TRADE FOR FEB 27

SHORT TERM TREND : BULLISH

LOBG TERM TREND : BEARISH

S1 RS 51.60 , S2 RS 50 , S3 RS 48.60

R1 RS 53.70 , R2 RS 55 , R3 RS 56.40

FOLLOW OUR BLOG FOR CALLS

update

market alert at 11 am feb 27

mcx march lead weak below 51.80,

and cld test 50.60, resistance

seen at 52.90.

UPDATES

TECHNICALS FOR FEB 26

MCX MARCH LEAD

TREND : UP

SUPPORTS : 51.30, 50,48.60

RESISTANCES : 52.60, 54, 55.60

STAY LONG FOR INTRADAY

TECHNICALS FOR EVENING NYMEX TRADE FOR FEB 24 2009

FEB 24 TUESDAY

TRADING LEVELS FOR EVENING NYMEX TRADE

SHORT TERM TREND : BEARISH

LONG TERM TREND : BEARISH

S1 RS 48.20 , S2 RS 47 , S3 RS 45.40

R1 RS 50.10 , R2 RS 51.60 , R3 RS 53

STAY SHORT AT RESISTANCE.

UPDATE

MARKET ALERT AT 11.15 AMFEB24

SELL FEB LEAD BELOW 49.4, T1 48.20,T2 47.10,

SL 50.60.

UPDATES ON FEB 24 2009

FEB 24 TUESDAY

SHORT TERM TREND : BEARISH

LONG TERM TREND : BEARISH

S1 RS 49.60 , S2 RS 48 , S3 RS 46.60

R1 RS 51.60 , R2 RS 53 , R3 RS 55

STAY SHORT AT RESISTANCE.

UPDATE

LME INVENTORY FOR FEB 23

UP 325 MT

TECHNICALS FOR EVENING TRADE FOR FEB 20 2009

FEB 20 FRIDAY

TRADING LEVELS FOR EVENING NYMEX TRADE

TREND : BEARISH

S1 RS 51.40 , S2 RS 50 , S3 RS 48.60

R1 RS 55.30 , R2 RS 56.70 , R3 RS 58

STAY SHORT AT RESISTANCE.

UPDATES ON FEB 20 2009

FEB 20 FRIDAY

SHORT TERJ TREND :SIDEWAYS

LONG TERM TREND : BEARISH

S1 RS 52 , S2 RS 50.40 , S3 RS 49

R1 RS 54.60 , R2 R S56 , R3 RS 57.60

WAIT FOR CONFIRMATION.

UPDATE

TRADERS HOLDING SHORTS PLEASE EXIT

POSITIONS.

UPDATE

MARKET ALERT AT 11 AM FEB 19

MCX FEB LEADCMP 53.30,MAY TEST 52.10,

RESISTANCE IS AT RS.54.10.

UPDATES ON FEB 19 2009

FEB 19 THURSDAY

SHORT TERM TREND : BEARISH

LONG TERM TREND : BEARISH

S1 RS 52.40 , S2 RS 51.50 , S3 RS 50.40

R1 RS 54.60 , R2 RS 56 , R3 RS 57.60

STAY SHORT AT RESISTANCE.

UPDATE

MARKET ALERT AT 12.45 PM FEB 18

BOOK NPROFITS IN MCX FEB LEAD

UPTO 54.10, ( SELL INITIATED

AT 55.25 ) CMP 54.30.

MARKET ALERT ON FEB 18 10.15 AM IST

MCX Feb Lead is expected to test Rs 55.80

if it sustains below Rs 56.

CMP Rs 55.25

UPDATES ON FEB 18 2009

FEB 18 WEDNESDAY

SHORT TERM TREND : BEARISH

LONG TERM TREND : BEARISH

S1 RS 54.60 , S2 RS 53 , R3 RS 51.60

R1 RS 56.30 , R2 RS 57.70 , R3 RS 59

STAY SHORT AT RESISTANCE.

UPDATE

The world lead market was in a 19,000 metric

ton surplus in 2008, the International Lead

and Zinc Study Group said Monday.


The world market for refined zinc was in a

195,000 metric ton surplus in 2008, the International

Lead and Zinc Study Group said Monday.

UPDATES

TECHNICALS FOR FEB 17

MCX FEB LEAD

SUPPORTS :54.80, 53.40,52

RES : 56.40, 58, 59.60.

UPDATES

MARKET ALERT AT 11 AM FEB 17


BUY MCX FEB LEAD AT 56.10, SL 55.40

TARGET 57,30.

MARKET ALERT ON FEB 16 MONDAY

MCX Feb Lead is expected to test Rs 54.60,

if irt sustains below Rs 56.90.

CMP Rs 56

UPDATES

TECHNICALS FOR FEB 16

MCX FEB LEAD

SHORT TERM :SIDEWAYS

LONGF TERM: BEARISH

SUPPORTS :55.60, 54, 52

RESISTANCES :57.30, 58.50, 60

WAIT FOR CONFIRMATION

UPDATE

TECHNICALS FOR NYMEX TRADING FEB 13

MCX FEB LEAD

SHORT TERM : SIDEWAYS

;LONG TERM : BEARISH

SUPPORTS ; 55.60, 54, 52

RESISTANCES ; 57.30, 58.50, 60

WAIT FOR CONFIRMATION

UPDATE

MARKET ALERT AT 2.45 PM FEB 13

MCX FEB LEAD CMP RS. 56 IS LIKELY

TO TEST RS. 57, AND 58, SL RS. 55.40.

UPDATES ON FEB 13 2009

FEB 13 FRIDAY

SHORT TERM TREND : SIDEWAYS

LONG TERM TREND : BEARISH

S1 RS 55 , S2 RS 53.60 , S3 RS 52

R1 RS 57.30 , R2 RS 58.50 , R3 RS 60

WAIT FOR CONFIRMATION.

UPDATES

TECHNICALS FOR NYMEX TRADING FEB 12

MCX FEB LEAD

SHORT TERM ; BEARISH

LONG TERM : BEARISH

SUPPORTS ; 55.40, 54, 53

RESISTANCES ; 57.60, 59.30, 61

STAY SHORT AT RESISTANCES

UPDATE

MARKET ALERT AT 2 PM FEB 12

SELL MCX FEB LEAD AT CMP RS. 56.35,

STOP LOSS RS. 57.30 , TARGET RS.55.10.

UPDATES

TECHNICALS FORFEB 12

MCX FEBLEAD

SHORT TERM : SIDEWAYS

LONG TERM : BEARISH

SUPPORTS ;55.40, 54,53

RESIATNCSE ; 57.60, 59.30,61

WAITFOR CONFIRMATION

UPDATES

TECHNICALS FOR FEB 11

MCX FEB LEAD

SHORT TERM:SIDEWAYS

LONG TERM : BEARISH

SUPPORTS : 55.80, 54.60, 53

RESISTANCES ;58,59.30, 61

STAY SHORT AT RESISTANCES

UPDATE

MARKET ALERTAT11.45AM FEB 10

TRADERS ARE REQUESTED TO EXIT FROM

SHORT POSITIONS IN LEAD.

UPDATE

MARKET ALERT AT 10.30AM FEB10

MCX FEBLEAD CMP RS.57.40, IS WEAK

AND LIKELY TO TEST RS.56.30, 55.75 LEVELS,

CURRENT RESISTNCE IS AT RS.58.25.

UPDATES

TECHNICALS FOR FEB 10

MCX FEB LEAD

SHORT TERM : SIDEWAYS

LONG TERM : BEARISH

SUPPORTS ;56.50, 55, 54

RESISTANCES ;58.60, 60, 61.60

WAIT FOR CONFIRMATION.

MARKET ALERT ON FEB 9 MONDAY 9.15 PM IST

MCX Feb Lead is expected to test Rs 56.10

if it sustains below Rs 58.

CMP Rs 57.40.

MARKET ALERT ON FEB 9 2009 10.30 AM IST

MCX Feb Lead is expected to test Rs

59.70 , if it sustains above Rs 57.10.

UPDATES ON FEB 9 2009

FEB 9 MONDAY

SHORT TERM TREND : SIDEWAYS

LONG TERM TREND : BEARISH

S1 RS 56.60 , S2 RS 55 , S3 RS 54

R1 RS 58.60 , R2 RS 60 , R3 RS 61.60

STAY LONG AT SUPPORT

UPDATES

TECHNICALS FOR FEB 6

MCX FEB LEAD

SHORT TERM : SIDEWAYS

LONG TERM : BEARISH

SUPPORTS : 55, 53.50,52.50

RESISTANCES ; 56.70, 58.50,60

STAY SHORT AT RESISTANCES

UPDATE

MARKT ALERT : EXIT LONG POSITIONS

IN LEAD.

UPDATE

MARKET ALERT AT RS. 4.45 PM FEB 5

MCX FEB LEAD CMP RS.57.50, LIKELY

TO TEST RS. 59.10, SUPPORT SEEN AT

RS. 56.5.

UPDATES

TECHNICALS FOR NYMEX TRADING FEB 5

MCX FEB LEAD

SHORT TERM ; SIDEWAYS

LONG TERM ; BEARISH

SUPPORTS ; 56.80, 55, 53

RESISTANCES ; 58.70, 59.50, 61

WAIT FOR CONFIRMATION

UPDATES

TECHNICALS FOR FEB 5

MCX FEB LEAD


SHORT TERM ; SIDEWAYS

LONG TERM : BEARISH

SUPPORTS ; 56.50, 55, 53.50

RESISTANCES ; 58.70, 59.50, 61

STAY LONG AT SUPPORTS

UPDATES

TECHNICALS FOR NYMEX TRADING

MCX FEB LEAD

SHORT TERM ; SIDEWAYS

LONG TERM ; NEARISH

SUPPORTS ; 57.50, 56, 54.30

RESISTANCES ; 59.40, 60.60, 62

STAY LONG AT RESISTANCES

UPDATES

MARKET ALERT AT 5.30 PM FEB 4

MCX FEB LEAD : CMP RS. RS. 58.50,

MAY TEST RS.59.75 LEVELS, CURRENT

SUPPORT SEEN AT RS.. RS. 57.30.

UPDATES

TECHNICALS FOR FEB 4

MCX FEB LEAD

SHORT TERM ;SIDEWAYS

KONG TERM : BEARISH

SUPPORTS ; 55.50, 54,52.50

RESISTANCES : 57.70, 59.50, 61

STAYLONG AT SUPPORTS

UPDATES

TECHNICALS FOR NYMEX TRADING FEB 3

MCX FEB LEAD

TREND SHORT RUN ; CONSOLIDATION

MEDIUM RUN : DOWN TREND

SUPPORTS ; 53.50, 51.90, 50.30

RESISTANCES ; 56.70, 58.50, 59.90

STAY SHORT AT RESISTANCES

UPDATES

MARKET ALERT AT 10 AM FEB 3

Canada-based lead miner Ivernia Inc. (IVW.AU)

Monday said it received approval to start shipments

of lead concentrate from a Western Australia state

after being closed due to issues over lead poisoning.

Ivernia's absence from the lead market for the past

couple of years was one of the two supportive

factors in the lead market, says UBS analyst

John Reade. Says a restart of shipments will

undermine some of this support. The other factor

- that of lower Chinese exports - will probably

continue due to shut-downs of lead-zinc mines and

smelters in the country, Reade adds. LME lead

is trading at $1,134.75/ton, +1.3% from Friday's

kerb close.

UPDATES

TECHNICALS FOR FEB 3

MCX FEB LEAD

SHORT TERM : SIDEWAYS

LONG TERM : BEARISH

SUPPORTS : 53.50, 51.85, 50.35

RESISTANCES : 56.50, 58.30,60.10

WAIT FOR CONFIRMATION

UPDATES

TECHNICALS FOR NYMEX TRADING FEB 2

MCX FEB LEAD

SHORT TERM ; SIDEWAYS

LONG TERM ; BEARISH

SUPPORTS ; 55, 53.60, 52

RESISTANCES ; 56.60, 58.40, 60

WAIT FOR CONFIRMATION

update

MARKET ALERT

MCX FEB LEAD IS WEAK BELOW RS. 155.20,

MAY TEST RS.54,AND RS. 53, CURRENT RESISTANCE

SEEN AT RS.56.30.

UPDATES

TECHNICALS FOR FEB 2

MCX FEB LEAD

SHORT TERM ; BEARISH

LONG TERM; BEARISH

SUPPORTS ;55.40, 54, 52.40

RESISTANCES : 57.60, 59.30, 61

STAY SHORT AT RESISTANCES