CLOSING COMMENTARY FOR SEPT 30 WEDNESDAY

Lead prices went up initially but now trading around

the open prices. Prices looks positive above the sup of

107 - 107.50 levels. Only a break with selling could

take prices again to low levels. Prices above 109 -

110 could be positive till 112 - 113 levels.

Wait for confiramtion .

TECHNICALS FOR NYMEX TRADE FOR SEPT 30 2009

SEPT 30 WEDNESDAY

TRADING LEVELS FOR EVENING SESSION

S1 RS 107.60 , S2 RS 106.40 , S3 RS 105.70

R1 RS 109.60 , R2 RS 111, R3 RS 112.30

WAIT FOR CONFIRMATION.

MKT ALERT AT 2.27 PM SEPT 30

MX OCT LEAD : T1 ACH AT 109.( BUY AT 107.40 GIVEN).

MKT ALERT AT 12.10 PM SEPT 30

MCX OCT LEAD APPROACHING T1 AT 109/ BOOK MAXIMUM

PROFITS AT 108.50 TO 109/OTHERS HOLD FOR T2.

Buy Lead Oct between 107.40 - 107.50 SL below 106.30

T1 109 T2 110 high risk call

UPDATES FOR SEPT 30 2009

SEPT 30 WEDNESDAY

TRADING LEVELS FOR MORNING SESSION.

S1 RS 106.40 , S2 RS 105 , S3 RS 103.80

R1 RS 108.60 , R2 RS 109.80 , R3 RS 111

WAIT FOR CONFIRMATION .

CLOSING COMMENTARY FOR SEPT 29 TUESDAY

Lead prices consolidating at lower levels between 103

- 106. Prices went up breaking strong res of 105 -

105.30 and went up till 107. Hope prices above 105

could be positive again till 109 - 110.

Wait for confiramtion .

mkt alert at 3.30 pm

MCX OCT LEAD : HIGH RISK TRADERS HOLDING SELLS AT 104.30

BOOK PART PROFITS AT 103.80/OTHERS HOLD FOR LEVELS GIVEN.

mkt alert at 10.45 am sept 29

Mcx Oct Lead Sell at 104 20 to 104.30 SL 105.60 TGT 102.6

UPDATES FOR SEPT 29 2009

SEPT 29 TUESDAY

TRADING LEVELS FOR MORNING SESSION .

S1 RS 103.30 , S2 RS 102.10 , S3 RS 100.80

R1 RS 105.30 , R2 RS 106.70 , R3 RS 108

WAIT FOR CONFIRMATION .

MARKET ALERT ON SEPT 28 MONDAY 8.10 PM IST

MCX Sept Lead Target achieved at Rs 105.20 .

Buy was initiated at Rs 104.30 .

MARKET ALERT ON SEPT 28 MONDAY 8.00 PM IST

Traders holding longs in Lead as per our call at

Rs 104.30 can book part profits at cmp Rs 105 .

MKT ALERT AT 7.30 PM SEPT 28

MCX SEPT LEAD UPDATE: LOOKS BULLISH ABV 104.30

WITH STOPS AT 103.85 AND CLD TGT 105.20.

TECHNICALS FOR NYMEX TRADE FOR SEPT 28 2009

SEPT 28 MONDAY

TRADING LEVELS FOR EVENING SESSION.

S1 RS 102.30 , S2 RS 100.80 , S3 RS 99.40

R1 RS 104.60 , R2 RS 106.10 , R3 RS 107.60

WAIT FOR CONFIRMATION .

Sell Lead Sep below 102.80 SL above 103.80 T1 101.60 T1 100.50

UPDATES FOR SEPT 25 2009

SEPT 25 FRIDAY

TRADING LEVELS FOR MORNING SESSION .

S1 RS 102.20 , S2 RS 100.80 , S3 RS 99.70

R1 RS 104.30 , R2 RS 105.60 , R3 RS 107

WAIT FOR CONFIRMATION .

Lead prices have strong res of around 110 and nearly

formed double top of around 110. Prices below 105 seems

weak below could test 100 levels. 100 seems very strong sup and should be watc

hed.

TECHNICALS FOR NYMEX TRADE FOR SEPT 24 2009

SEPT 24 THURSDAY

TRADING LEVELS FOR EVENING SESSION .


S1 RS 103.60 , S2 RS 102.80 , S3 RS 101.30

R1 RS 106.50 , R2 RS 107.80 , R3 RS 109

WAIT FOR CONFIRMATION .

MARKET ALERT ON SEPT 24 THURSDAY 2.00 PM IST

T1 Achieved at Rs 103.80 , in our sell given at Rs 105.

Low risk traders can book profits and others can hold

for T 2 .

MARKET ALERT ON SEPT 24 THURSDAY 10.50 AM IST

MCX Sept Lead CMP Rs 104.50 , low risk traders can

book part profits in our sell at Rs 105 .

MARKET ALERT ON SEPT 24 THURSDAY 10.30 AM IST

MCX Lead Sep looks weak below 105

Res is seen above 105.90

T1 103.60

T2 102.80 .

UPDATES FOR SEPT 24 2009

SEPT 24 THURSDAY

TRADING LEVELS FOR MORNOING SESSION .

S1 RS 106,.20 , S2 RS 105 , S3 RS 103.80

R1 RS 108 , R2 RS 109.40 , R3 RS 110.70

WAIT FOR C0ONFIRMATION .

CLOSING COMMENTARY FOR SEPT 23 WEDNESDAY

Lead prices highly volatile and range bound between

105 - 110. Prices have strong sup level of 105 and

break and close below could take prices till 103 -

102 levels again. But a break and close above 109 -

110 could be positive. Overll range bound with high

volatility with out clear trend.

TECHNICALS FOR NYMEX TRADE FOR SEPT 23 2009

SEPT 23 WEDNESDAY


TRADING LEVELS FOR EVENING SESSION.

S1 RS 104.80 , S2 RS 103.30 , S3 RS 102

R1 RS 106.50 , R2 RS 107.80 , R3 RS 109

WAIT FOR CONFIRMATION .

UPDATES FOR SEPT 23 2009

SEPT 23 WEDNESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 108.30 , S2 RS 107.30 , S3 RS 106

R1 RS 110.70 , R2 RS 112 , R3 RS 113.60

WAIT FOR CONFIRMATION .

CLOSING COMMENTARY FOR SEPT 18 FRIDAY

Lead prices like all other base metals forming same

pattern looks like to test sup of 100. Heavy selling

keep prices not moving upside. Prices below 105 levels

seem weak and could test 100 levels again. Need to

watch and buy around those levels again for

a good target.

MARKET ALERT ON SEPT 19 FRIDAY 7.00 PM IST

MCX Sept lead now has support at Rs 104.80 levels

Res is seen at Rs 107.30 .

CMP Rs 105.70.

could test Res .

UPDATES FOR SEPT 18 2009

SEPT 18 FRIDAY

TRADING LEVELS FOR MORNING SESSION .

S1 RS 104.40 , S2 RS 103.10 , S3 RS 101.80

R1 RS 106.60 , R2 RS 108 , R3 RS 109.60

WAIT FOR CONFIRMATION .

CLOSING COMMENTARY FOR SEPT 17 THURSDAY

Lead prices again with huge volatality seen. prices

continued with yesterday movements in bullish tone

and came down after it unable to sustain at higer

levels. Strong res seen around 110 - 112 levels.

Strong sup seen around 107 - 105.50 levels.

Hope could buy Lead coming days at low levels.

Wait for confirmation .

Mcx Sep Lead Book Partial profits at 112.20-30 And Hold

rest for TGT 113.25 Longs advised at 109.60 YESTERDAY CMP 111.90

technicals for sept 17

mcx sept lead

supp 108.20/107.60/106.40

res 111.35/112.80/114

Mcx Sep Lead TGT Extended upto:112.70 (Earlier TGT: 111.35)

Longs Advised at 106.40, Cmp: 110.90.

CLOSING COMMENTARY FOR SEPT 16 WEDNESDAY

Lead prices seems bullish again. As we said earlier

prices started going up after a consolidation around

low levels. Prices went up sharply nearly 4%. Strong

sup seen around 105.50 and 104. Res seen around

110 - 112 levels.Prices could test more highs again

113 - 116 -119 levels.

MARKET ALERT ON SEPT 16 WEDNESDAY 9.35 PM IST

MCX Sept lead CMP Rs 110.80 , intraday players holding

longs in lead book full profits and others hold for

tgts given .

Buy was at Rs 106.50 .

MARKET ALERT ON SEPT 16 WEDNESDAY 9.20 PM IST

MCX Sept Lead T2 Achieved at Rs 109.10 .Buy was at

Rs 106.50 . Target further extended to R 111.35 ,

Amend stops to below Rs 107.80.

MCX SEPT LEAD ;APPROACHING TGT AT 108.10, CMP 107.95

( LONGS RECO AT 106.50LOW RISK TRADERS BOOK PROFITS )

/HIGH RISK TRADERS HOLD FOR T2 109 AND REVISE STOPS TO COST.

MCX SEPT ALUMINIUM: LOW RISK TRADERS BOOK PART PROFITS AT 90.40

( LONGS RECO AT 89.70)/MCX SEPT LEAD : LOW RISK TRADERS BOOK

PART PROFITS AT 107.25( LONGS RECO AT 106.40).

MCX SEPT LEAD UPDATE; HOLDING ABV 106.40 IS BULLISH SIGN,

WITH SUPPORT BELOW 105.60 AND CLD TGT 108.10.

UPDATES FOR SEPT 16 2009

SEPT 16 WEDNESDAY

TRADING LEVELS FOR MORNING SESSION .

S1 RS 100.80 , S2 RS 103.80 , S3 RS 105.20

R1 RS 108.10 , R2 RS 109.60 , R3 RS 111.20

WAIT FOR CONFIRMATION .

CLOSING COMMENTARY FOR SEPT 15 TUESDAY

Lead prices trading bit positive. Prices consolidating

between strong sup levels of 101 - 103 levels before

a up move. If prices sustains above 101 - 103 levels

and a break of 105.50-106 could be positive for prices

again till 110 - 113 levels...Need to wait and watch.

Overall seems buying coming again .

UPDATES FOR SEPT 15 2009

SEPT 15 TUESDAY

TRADING LEVELS FOR MORNING SESSION .

S1 RS 100.80 , S2 RS 99.40 , S3 RS 97.80

R1 RS 103.60 , R2 RS 105 , R3 RS 106.80

WAIT FOR CONFIRMATION .

CLOSING COMMENTARY FOR SEPT 14 MONDAY

Lead prices trading zig zag today. Buying coming at

lower levels and selling at higher levels cant able

to judge the prices for intraday. Prices seems


consolidating at lower levels. Very strong sup seen

around 97.50 a break below only weak otherwise buying

could come above 103 - 104 levels.

TRADERS ARE STILL HOLDING THE SELLS/ BOOK PROFITS AT 98

LEVELS LOW 97.75( SELL GIVEN AT 98.60) CMP 98.20.

MARKET ALERT ON SEPT 14 MONDAY 11.40 PM IST

Low risk traders exit from our lead trade upto

Rs 98.70 and wait for fresh entry .

Sell Lead Sep between 98.50 - 98.70 SL above 99.40

T1 97.50 T2 96

UPDATES FOR SEPT 14 2009

SEPT 14 MONDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 97.60 , S2 RS 96.20 , S3 RS 94

R1 RS 102 , R2 RS 104.30 , R3 RS 105.80

WAIT FOR CONFIRMATION .

TECHNICALS FOR SEPT 11

MCX SEPT LEAD

SUPP; 99.90/97.30/95

RES: 103.80/106.40/108.70

UPDATES FOR SEPT 10 2009

SEPT 10 THURSDAY

S1 RS 115.25 , S2 RS 114.70 , S3 RS 112.95

R1 RS 116.15 , R2 RS 116.60 , R3 RS 118.45

WAIT FOR CONFIRMATION .

UPDATES FOR SEPT 9 2009

SEPT 9 WEDNESDAY

TRADING LEVELS FOR MORNING SESSION .

S1 RS 117.40 , S2 RS 116.50 , S3 RS 114.05

R1 RS 118.70 , R2 RS 119.30 , R3 RS 122.10

WAIT FOR CONFIRMATION .

CLOSING COMMENTARY FOR SEPT 8 TUESDAY

Lead seems more positive and went up nearly 6%. Prices

looks firm above 116 levels. Prices could again test

122 - 124 levels if holds above 118 levels. Any way

prices are in over bought positiion so caution advised

and buy with strict sl or on dips adivsed.

SEPT LEAD BOOK PART PROFITS AT 115.65( BUY AT 115)/

SEPT ALU BOOK PART PROFITS AT 90.85( BUY AT 90.50).

MKT ALERT AT 11.35 AM SEPT8

Buy Lead Sep above 115 SL below 114.20 T1 116 T2 117

HIGH RISK CALL.

CLOSING COMMENTARY FOR SEPT 7 MONDAY

Lead prices seems strong among base metals. Prices

trading well above 112 levels and every dip buying

is coming till 116. Strong res seen around 115.50 -

116 and close above could be more positive till

118 - 120. Buy on possible dips advised.

UPDATES FOR SEPT 7 2009

SEPT 7 MONDAY

TRADING LEVELS FOR MORNING SESSION .

S1 RS 112.40 , S2 RS 111.90 , S3 RS 109.60

R1 RS 113.60 , R2 RS 114.20 , R3 RS 116.50

WAIT FOR CONFIRMATION .

MARKET ALERT ON SEPT 3 THURSDAY 8.30 PM IST

Traders holding long as per our buy call at Rs 107.90

book profits at CMP rS 109 .

MARKET ALERT ON SEPT 3 THURSDAY 7.25 PM IST

MCX Sept lead now has support at Rs 106.50 levels

Res is seen at Rs 109.20 levels

CMP Rs 107.90

could test Res .

MARKET ALERT ON SEPT 3 THURSDAY 1.20 PM IST

MCX Sept Lead Target achieved at CMP Rs 105.20

Book full profits .

MARKET ALERT ON SEPT 3 THURSDAY 1.15 AM IST

MCX Sept Lead Low risk traders book profits at

CMP Rs 104.85,

Others trail cost as sl and hold for further targets.

Buy was at Rs 103.60 levels .

MARKET ALERT ON SEPT 8 THURSDAY 12.20 AM IST

MCX Sept lead now has support at Rs 102.60 levels

and Res can be seen at Rs 105 levels

cmp Rs 103.60

Could test Res .

UPDATES FOR SEPT 3 2009

SEPT 3 THURSDAY

S1 RS 102 , S2 RS 101.30 , S3 RS 100.20

R1 RS 103.80 , R2 RS 105 , R3 RS 106.40

WAIT FOR CONFIRMATION .

MKT ALERT AT 1.30 PM

MCX SEPT LEAD : APPROACING T2 AT 99.60 CURENT LOW 99.75 :

BOOK PROFITS AT 99.80 TO 99.60. CHEERS!!!!!!!!!!!!!!!

( SELL AT 101.55 TO 101.70.

MCX SEPT LEAD : T1 ACH AT 100.10( SELL AT 101.55 TO 101.70).

HIGH RISK TRADERS:MCX Sep Lead book partial profits

at 100.25-10and hold the rest for further TGT

amending Stops to cost. Shorts advised at 101.55-70 CMP 100.35

MKT ALERT AT 12.35 PM SEPT 2

MCX SEPT LEAD : LOW RISK TRADERS BOOK PROFITS UP

TO 100.70) ( SELL ADVISED AT 101.55 TO 101.70)

MKT ALERT AT 11.40 AM SPT 2

MCX SEPT LEAD : LOW RISK TRADERS HOLDING SELLS

AT 101.55 TO 101.70 BOOK PART PRFOFITS AT CMP 101.05.

TECHNICALS FOR SEPT 2

MCX SEPT LEAD

SUPP:100.60/99.40/97.70

RES: 103.80/105/106.20

MCX Sep Lead sell at 101.55-101.70 Sl above 102.50

TGT 100.1/99.6 trade less volumes.

CLOSING COMMENTARY FOR SEPT 1 TUESDAY

Lead prices highly volatile between 101 - 104 levels.

Selling coming around the strong res of 104 levels

make prices to drop heavily. A close below 101 coule

be weak and could test 100 - 99 levels.

Should wait for confirmation .

technicals for sept 1

mcx sept lead

supp; 101.40/100.20/99.40

res: 102.80/103.80/105

wait for calls