UPDATES FOR OCT 30 2009

OCT 30 FRIDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 108.70 , S2 RS 107.40 , S3 RS 106

R1 RS 11.40 , R2 RS 112.60 , R3 RS 114

WAIT FOR CONFIRMATION .

Sell Lead Oct between 105 - 105.20 SL above 106.30 T1

103.50 T2 102.20

LOW RISK TRADERS EXIT LEAD SELLS AT 106.50/NO MOVEMENT SEEN FOR NOW.

Buy Lead OCt above 106.70 - 106.80 SL below 105.80 T1 107.90 T2 108.50

UPDATES FOR OCT 28 2009

OCT 28 WEDNESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 105.80 , S2 RS 104.30 , S3 RS 103

R1 RS 108.30 , R2 R S109.60 , R3 RS 111

WAIT FOR CONFIRMATION .

CLOSING COMMENTAY FOR OCT 27 TUESDAY

Lead prices came down initially and went up till the

half way of yesterdays candle. Prices looks weak below

108.50 levels and further selling could come below the

strong sup of 105.50 - 105. If breaks this level then

we can see 102 - 100 levels.

Need to wait for confirmation.

Sell Lead Oct below 105.80 SL 106.80 T1 104.70 T2 104

UPDATES FOR OCT 27 2009

OCT 27 TUESDAY

TRADING LEVELS FOR MORNING SESSION .

S1 RS 105.80 , S RS 104.30 , S3 RS 103

R1 RS 108.30 , R2 RS 109.60 , R3 RS 110.60

WAIT FOR CONFIRMATION .

CLOSING COMMENTARY FOR OCT 26 MONDAY

Lead prices went up initially but unable to hold

at higher levels. Prices had strong res of around

112 - 113 and dropped nearly 4% and reduced the

spread with zinc also. Prices seems weak on a close

below 109 levels. Strong sup is seen around 105. -

105.50 levles. Weak below 109.

MCX OCT LEAD ; T1 Ach at 112

MCX OCT LEAC APPROACHING T1 AT 112 CMP 111.80/LOW RISK

TRADEWRS BOOK FULL PROFITS.( BUY AT 110.80)

MCX OCT LEAD : LOW RISK TRADERS BOOK PART PROFITS AT

111.30( BUY GIVEN AT 110.80)/OTHERS HOLD FOR LEVELS.

Buy Lead Oct between 110.70 - 110.80 SL below 109.70 T1 112 T2 113

UPDATES FOR OCT 26 2009

OCT 26 MONDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 109.20 , S2 RS 108 , S3 RS 106.90

R1 RS 111.40 , R2 RS 112.80 , R3 RS 113.90

WAIT FOR CONFIRMATION .

CLOSING COMMENTARY FOR OCT 23 FRIDAY

Lead prices went up initially but came down as

correction came. Prices have very strong sup of

around 109 and if sustains above this and supporting

a positive close today could take prices again till

114 - 115 levels. Prices looks positive and strong

res is seen at 112 - 113 levels.

UPDATES FOR OCT 23 2009

OCT 23 FRIDAY

TRADING LEVELS FOR MORNING SESSION .

S1 RS 102.30 , S2 RS 100.70 , S3 RS 99.60

R1 RS 104.60 , R2 RS 106 , R3 RS 107.50

WAIT FOR CONFIRMATION .

CLOSING COMMENTRAY FOR OCT 22 THURSDAY

Lead prices dropped after testing the res level of 114.

Prices came down as profit booking came at higher levels.

Prices overall looks firm above the storng level of 108

- 109 levels on closing basis. Prices could agian bounce

back and test 115 levels for short term.

Wait for confirmation.

MCX OCT LEAD; BOOK PART PROFITS UPTO 112.15/ 112.20

( BUY GIVEN AT 111.70)/HOLD FOR LEVELS GIVEN.

Buy Lead Oct betwen 111.60 - 111.80 SL below 110.60

T1 113 T2 114.50 HIGH RISK CALL

CLOSING COMMENTARY FOR OCT 21 WEDNESDAY

Lead prices went up unexpected nearly 7%. Prices

sustained above 105. - 105.50. Prices went up very

sharply breaking all the levels. Prices now could test

more highs till 115 - 117 levels . Strong level seen

around 110 - 111.
.

MARKET ALERT ON OCT 21 WEDNESDAY 4.10 PM IST

MCX Oct Lead looks weak below Rs 105 , it could test

Rs 103.80 , 103.20 , Res is seen above Rs 106.25 .

Market Alert - 12.50 PM 21 OCT

T1 Achieved in Lead at 106.30 Low risk traders book full profits others hold for targets given. Buy was initiated at 105.35

mcx oct lead : low risk traders book part profits at

105.85( buy given at 105.35) .hold for levels given.

Buy Lead OCt between 105.30 - 105.40 SL below 104.60 T1

106.30 T2 107.50

UPDATES FOR OCT 21 2009

OCT 21 WEDNESDAY

TRADING LEVELS FOR MORNING SESSION .

S1 RS 194.20 , S2 RS 103 , S3 RS 101.80

R1 RS 107.20 , R2 RS 108.60 , R3 RS 109.70

WAIT FOR CONFIRMATION .

UPDATES FOR OCT 20 2009

OCT 20 TUESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 103.80 , S2 RS 102.60 , S3 RS 101.90

R1 RS 106.40 , R2 RS 107.60 , R3 RS 108.30

WAIT FOR CONFIRMATION .

CLOSING COMMENTARY FOR OCT 19 MONDAY

Lead prices went up sharply nearly 4% in MCX. Prices

have strong res of around 105.20 - 105.50. Prices

have very strong res around these levels and a close

above could have more positiveness till 108 -109

levels Strong sup seen around 101 - 102 levels.

Buy Lead Oct between 101.50 - 101.60 SL below 100.50 T1 103 T2 104

TECHNICALS FOR OCT 16

MCX OCT LEAD

SUPP: 100.70/99.60/98.30

RES: 102.80/103.60/104.80

WAIT FOR CALLS

TECHNICALS FOR OCT 15

MCX OCT LEAD

SUPP: 99.80/98.60/97.50

RES: 102.80/103.60/104.80

WAIT FOR CALLS

MCX OCT LEAD : T1 ACH AT 100.50.( SELL AT 101.50).

TECHNICALS FOR NYMEX TRADING OCT 14

MCX OCT LEAD

SUPP; 100.30/98.90/97.60

RES 102.70/103.80/105

WAIT FOR CALLS

MKT ALERT AT 3,35 PM

MCX OCT LEAD : SELL GIVEN BELOW 101.50/BOOK PART PROFITS AT

101.10/OTHERS HOLD FOR TGTS CMP 101.20.

MKT ALERT AT 3.25 PM

Sell Lead Oct below 101.50 SL above 102.30 T1 100.50

T2 99.80

MCX OCT LEAD UPDATE: STRONG ABV 102 WITH SUPPORT

BELOW 101 AND CLD TEST 103/104( LEVELS ONLY)

TECHNICALS FOR OCT 14

MCX OCT LEAD

SUPP; 99.40/97.80/96.50

RES; 101.60/103.10/104.40

WAIT FOR CALLS

Lead prices dropped more than 4% in MCX. Prices hovered

around the strong res of 105 - 106 and broken down.

Prices broken strong sup of 103 - 102 lvels. Prices

have more hurdles in 100 - 99.60 -99 levels Looks

weak only below 99.60 levels on closing basis. Wait

for confirmation.

TECHNICALS FOR NYMEX TRADING OCT 13

MCX OCT LEAD

SUPP: 104.60/103.20/101.80

RES: 106.60/107.80/109

PREFR ;LONGS AT SUPPORTS

CLOSING COMMENTARY FOR OCT 12 MONDAY

Lead prices trading between 103 - 105 levels. Prices

trading firm above the level of 103. Prices have

strong res of around 105.50 levels. If sustains

above 105 levels prices could test 108 - 110 levels

soon with a sl below 103. Looks firm.

MKT ALERT AT 2.20 PM OCT 12

MCX OCT LEAD : LW RISK TRADERS BOOK PART PROFITS AT

CMP 105.65/OTHERS HOLD FOR TGST ( BUY GIVEN AT 105.10)

mkt alert at 11 am oct 12

Buy Lead between 105.10 - 105.30 SL below 104.20 T1

106.50 T2 107.20

UPDATES FOR OCT 12 2009

OCT 12 MONDAY

TRADING LEVELS FOR MORNING SESSION .

S1 RS 102.80 , S2 RS 101.70 , S3 RS 100.80

R1 RS 105.45 , R2 RS 106.70 , R3 RS 107.60

WAIT FOR CONFIRMATION .

CLOSING COMMENTARY FOR OCT 9 FRIDAY

Lead prices trading very thin. Prices have storng res

of around 105 and 104.40 on closing basis. Prices looks

firm on closing above 104.40-105 levels. A positive

close above 102 could be positive next week.

TECHNICALS FOR NYMEX TRADE FOR OCT 9 2009

OCT 9 FRIDAY

TRADING LEVELS FOR NYMEX TRADE

S1 RS 103.40 , S2 RS 102.20 , S3 RS 101.10

R1 RS 105.70 , R2 RS 106.80 , R3 RS 108

WAIT FOR CONFIRMATION .

UPDATES FOR OCT 9 2009

OCT 9 FRIDAY

TRDING LEVELS FOR MORNING SESSION ,

S1 RS 103.30 , S2 RS 102 , S3 RS 100.80

R1 RS 105.45 , R2 RS 106.70 , R3 RS 107.60

WAIT FOR CONFIRMATION .

Lead prices went up first time after it broken the range

bound levels at lower prices. Prices taken sup around 100

- 99.60 and went up sharply more than 4%. Prices have strong

res of 104.50 - 105 and a break and close could be positive

till 107 - 108 levels. Strong sup seen around 102.80 - 103.

MARKET ALERT ON OCT 8 THURSDAY 12.20 PM IST

MCX Nov Lead now has support at Rs 100.50

Res can be seen at Rs 103.20.

cmp Rs 102

could test Res .

UPDATES FOR OCT 8 2009

OCT 8 THURSDAY

TRADING LEVELS FOR MORNING SESSION .

S1 RS 98.70 , S2 RS 97.60 , S3 RS 96.40

R1 RS 100.60 , R2 RS 101.40 , R3 RS 102.40

WAIT FOR CONFIRMATION .

Mcx Oct Lead Buy at 100.50 to 60 SL 99.60blw TGT 101.80

UPDATES FOR OCT 7 2009

OCT 7 WEDNESDAY

TRADING LEVELS FOR MORNING SESSION .

S1 RS 99.30 , S2 RS 98 , S3 RS 96.70

R1 RS 101.80 , R2 RS 103, R3 RS 104.60

WAIT FOR CONFIRMATION .

Lead prices trading very narrow between 100 - 101.

Prices have very strong sup of around 100 - 99.60.

These prices could decide further trend. If sustains

above this levels could again go up till 103 - 104.

Wait for confirmation.

TECHNICALS FOR NYMEX TRADING OCT 6

MCX OCT LEAD

SUPP; 99.60/98.20/97

RES: 101.60/103/104.30

EXP TRADES SIDEWAYS

UPDATES FOR OCT 6 2009

OCT 6 TUESDAY

TRADING LEVELS FOR MORNING SESSION .

S1 RS 99.30 , S2 RS 98 , S3 RS 96.70

R1 RS 101.80 , R2 RS 103 , R3 RS 104.60

WAIT FOR CONFIRMATION .

Lead prices continues its negative trend. Prices

came down with open low and prices tested strong

sup of 99.50 - 100. Prices below this level could

be weak again till 95 levels on closing basis.If

sustains above 100 could test again 103 levels

wait for confirmation.

TECHNICALS FOR NYMEX TRADE FOR OCT 5 2009

OCT 5 MONDAY

TRADING LEVELS FOR EVENING SESSION .

S1 RS 98.70 , S2 RS 97.30 , S3 RS 95.80

R1 RS 101.60 , R2 RS 103 , R3 RS 104.30

WAIT FOR CONFIRMATION .

UPDATES FOR OCT 5 2009

OCT 5 MONDAY

TRADING LEVELS FOR MORNING SESSION .

S1 RS 101.20 , S2 RS 100.30 , S3 RS 98.40

R1 RS 104.60 , R2 RS 105.80 , R3 RS 106.70

WAIT FOR CONFIRMATION .

CLOSING COMMENTARY FOR OCT 1 THURSDAY

Lead prices again with its volatality drpped in MCX.

Prices came down after it consolidtes aroudn the 108

- 110 levels. Prices have very strong sup of arund 104

- 103. Prices need to close below these levels for more

down trend till 100 levels. Any sustains above 104

could have buying agian.

TECHNICALS FOR NYMEX TRADE FOR OCT 1 2009

OCT 1 THURSDAY

TRADING LEVELS FOR EVENING SESSION .

S1 RS 104.60 , S2 RS 104.20 , S3 RS 103

R1 RS 107.60 , R2 RS 108.40 , R3 RS 109.60.

WAIT FOR CONFIRMATION.

MARKET ALERT ON OCT 1 THURSDAY 1.00 PM IST

MCX Oct Lead Low risk traders can book part profits

at CMP Rs 108.10 , others hold for tgts given .

Buy was at Rs 107.70 to 107.80 .

Buy Lead Oct between 107.70 - 107.80 SL below 107.10

T1 108.60 T2 109 HIGH RISK CALL

UPDATES FOR OCT 1 2009

OCT 1 THURSDAY

TRADING LEVELS FOR MORNING SESSION .

S1 RS 107.30 , S2 RS 106.20 , S3 RS 105

R1 RS 109.60 , R2 RS 111 , R3 RS 112.30

WAIT FOR CONFIRMATION .