TECHNICALS FOR NYMEX TRADE FOR MAY 29 2009

MAY 29 FRIDAY

TRADING LEVELS FOR NYMEX TRADE

S1 RS 71.30 , S2 RS 70 , S3 RS 68

R1 RS 72.90 , R2 RS 74.30 , R3 RS 75.60

WAIT FOR CONFIRMATION.

UPDATES

TECHNICALS FORMAY 29

MCX JUNE LEAD

SUPP; 69.60/68.20/67

RES: 72.90/74.30/75.60

WAIT FOR CALLS

TECHNICALS FOR NYMEX TRADE FOR MAY 28 2009

MAY 28 THURSDAY

TRADING LEVELS FOR NYMEX TRADE

S1 RS 68.30 , S2 RS 66.60 , S3 RS 65

R1 RS 69.60 , R2 RS 70.60 , R3 RS 72

WAIT FOR CONFIRMATION.

UPDATES

TECHNICALS FOR MAY 27

MCX MAY LEAD

SUPP; 67.30/66.50/ 65

RES; 69.40/ 70.60/71.70

WAIT FOR CALLS

UPDATES FOR MAY 26 2009

MAY 26 TUESDAY

S1 RS 66.60 , S2 RS 65 , S3 RS 63

R1 RS 68.30 , R2 RS 69.60 , R3 RS 71

WAIT FOR CONFIRMATION.

TECHNICALS FOR NYMEX TRADE FOR MAY 22 2009

MAY 22 FRIDAY

TRADING LEVELS FOR NYMEX TRADE

S1 RS 66.60 , S2 RS 65 , S3 RS 63

R1 RS 66 , R2 RS 69.60 , R3 RS 71

WAIT FOR CONFIRMATION.

UPDATES

TECHNICALS FOR MAY 22

MCX MAY LEAD

SUPP: 65.60/64.30/63

RES: 67.10/68.30/69.60

WAIT FOR CALLS

MARKET ALERT ON MAY 22 FRIDAY 10.30 AM IST

MCX May lead looks bearish , it could

test Rs 65 and Rs 64.

Res is seen at Rs 67.10

CMP Rs 66.30.

UPDATES

TECHNICALS FOR NYMEX TRADING MAY 21

MCX MAY LEAD

SUPPORTS ; 6650/ 65.80/ 64.30

RES; 69.60/ 70.40/ 71.30

WAIT FOR CALLS

UPDATES

TECHNICALS FOR MAY LEAD

MCX MAY LEAD

SUPP; 67.90/66.50/65.80

RES;70.10/ 71.40/ 72.60

wait for calls

MARKET ALERT ON MAY 21 THURSDAY 10.15 AM IST

MCX MAY Lead has support at Rs 67.50 and then

at Rs 66.50 levels.

Res is seen at Rs 69.90.

UPDATES

TECHNICALS FOR NYMEX TRADING MAY 20

MCX MAY LEAD

SUPPORTS ; 69/ 67.60/ 66

RES: 70.60/ 72/ 74

WAIT FOR CALLS

MARKET ALERT ON MAY 20 WEDNESDAY 4.00 PM IST

MCX May Lead could test Rs 69

Res is seen at Rs 71.20

CMP Rs 70.35.

updates

TECHNICALS FOR MAY LEAD

MCX MAY LEAD

SUPP: 70.10/ 68.70/67.30

RES; 72.30/73.60/75

WAIT FOR CALLS

MARKET ALERT ON MAY 19 TUESDAY 9.40 PM IST

MCX May Lead CMP RS 70.85 , Low risk

traders can book partial profits ,Others hold

for given targets.

Sell was given when Lead was at Rs 71.70.

MARKET LERT ON MAY 19 TUESAY 8.45 PM IST

MCX May Lead may test Rs 69.70

Res is seen at Rs 72.80

CMP Rs 71.60.

TECHNICALS FOR NYMEX TRADE FOR MAY 19 2009

MAY 19 TUESDAY

TRADING LEVELS FOR NYMEX TRADE

S1 RS 73 , S2 RS 71.80 , S3 RS 70

R1 RS 74 , R2 RS 75.60 , R3 RS 77

WAIT FOR CONFIRMATION.

MARKET ALERT ON MAY 19 TUESDAY 1.40 PM IST

Book profit in lead at CMP Rs 72.60 or trail cost

as stop loss.

MARKET ALERT ON MAY 19 TUESDAY 12.00 AM IST

MCX May Lead may test Rs 73.40

support is seen at Rs 70.60

CMP Rs 71.60.

UPDATES

TECHNICALS FOR MAY LEAD

MCX MAY LEAD

SUPP: 69.70/ 68.30/67

RES: 72.20/ 73.50/ 75

WAIT FOR CALLS

TECHNICALS FOR NYMEX TRADE FOR MAY 18 2009

MAY 18 MONDAY

TRADING LEVELS FOR NYMEX TRADE

S1 RS 69 , S2 RS 67.60 , S3 RS 66

R1 RS 70.60 , S2 RS 72 , R3 RS 73.60

WAIT FOR CONFIRMATION.

MARKET ALERT AT 2.45 PM MAY 18

MCX MAY LEAD :BOOK FULL PROFITS UPTO 69.75

SELL GIVEN AT 70.85.(

MARKET ALERT ON MAY 18 MONDAY 12.30 PM IST

MCX May lead CMP RS 70.45 , Low risk traders can book

partial profits, others hold for given targets with same sl.

Sell was initiated in the range of Rs 70.80 to 70.90

MARKETALERT ON MAY 18 MONDAY 12.15 AM IST

MCX May lead may test Rs 69.50

Res is seen at Rs 71.95

Sell is advised in the range of Rs 70.80 to

Rs 70.95

UPDATES FOR MAY 18 2009

MAY 18 MONDAY

S1 RS 71.60 , S2 RS 70.30 , S3 RS 69

R1 RS 74.50 , R2 RS 76 , R3 RS 78

WAIT FOR CONFIRMATION.

TECHNICALS FOR NYMEX TRADE FOR MAY 15 2009

MAY 15 FRIDAY

TRADING LEVELS FOR NYMEX TRADE

S1 RS 603 , S2 RS 596 , S3 RS 585

R1 RS 61 , R2 RS 623 , R3 RS 631

WAIT FOR CONFIRMATION.

MARKET ALERT ON MAY 15 FRIDAY 3.30 PM IST

MCX May lead looks weak at Rs 71.50 levesl

it could test Rs 69

res is seen at Rs 72.20

UPDATES

TECHNICALS FOR MAY 15

MCX MAY LEAD

SUPP: 70.60/ 69.70/ 68.60

RES: 72.10/73.30/75

WAIT FOR CALLS

TECHNICALS FOR NYMEX TRADE FOR MAY 14 2009

MAY 14 THURSDAY

TRADING LEVELS FOR NYMEX TRADE

S1 RS 68 , S2 RS 67 , S3 RS 65

R1 RS 70 , R2 RS 71.60 , R3 RS 73

WAIT FOR CONFIRMATION.

UPDATE

MARKET ALERT AT 4.30 PM MAY 14

MCX MAY LEAD FULL TGT ACH AT 69

IN OUR SELL AT 70.25.

UPDATE AT 2 PM MAY 14

MCX MAY LEAD CMP 69.70, BOOK PART PROFITS

IN OUR SELL AT 70.25.

UPDATE AT 12 NOON MAY 14

SELL MCX MAY LEAD AT 70.25, SL 71.30

TGTS 69.

UPDATES

TECHNICALS FOR MAY 14

MCX MAY LEAD

SUPP;70.70/ 69.30/ 68

RES: 72.20/ 73.40/ 74.50

WAIT FOR CALLS

TECHNICALS FOR NYMEX TRADE FOR MAY 13 2009

MAY 13 WEDNESDAY

TRADING LEVELS FOR NYMEX TRADE

S1 RS 72.60 , S2 RS 71 , S3 RS 68

R1 RS 73.80 , R2 RS 75 , R3 RS 76

WAIT FOR CONFIRMATION.

MARKET ALERT AT 2 PM MAY 13

MCX MAY LEAD IS BULLISH ABOVE 72.85 AND IS

LIKELY TO TEST 74/74.60 SUPPORT IS AT 72.

UPDATES

TECHNICALS FOR MAY 13

MCX MAY LEAD

SUPP: 70.70/ 69.50/ 68

RES:72.80/ 74/ 75

WAIT FOR CALLS

TECHNICALS FOR NYMEX TRADE FOR MAY 12 2009

MAY 12 TUESDAY

TRADING LEVELS FOR NYMEX TRADE

S1 RS 71.60 , S2 RS 69.60 , S3 RS 68

R1 RS 72.80 , R2 RS 74 , R3 RS 75

WAIT FOR CONFIRMATION.

UPDATES

TECHNICALS FOR MAY 12

MCX MAY LEAD

SUPP: 70.60/ 69.40/ 68

RES:72.20/73.60/75

WAIT FOR CONFIRMATION

TECHNICALS FOR NYMEX TRADE FOR MAY 11 2009

MAY 11 MONDAY

TRADING LEVELS FOR NYMEX TRADE

S1 RS 70.60 , S2 RS 69.80 , S3 RS 68

R1 RS 72 , R2 RS 74.60 , R3 RS 76

WAIT FOR CONFIRMATION.

UPDATES

TECHNICALS FORMAY 11

MCX MAY LEAD

SUPP: 70/60/69.20/ 68.10

RES:73/74.60/ 78

WAIT FOR CALLS

MARKET ALERT ON MAY 8 FRIDAY 12.50 PM IST

MCX May Lead CMP Rs 73 , T1 Achieved,

Low risk traders can book profits and others can

trail cost as sl for T2 . Buy was initiated

above Rs 72.

MARKET ALERT ON MAY 8 FRIDAY

MCX May Lead looks strong above Rs 72

it could test Rs 73 and then Rs 74

support is seen at Rs 71.50.

UPDATES

TECHNICALS FOR MAY LEAD MAY 8

SUPP: 70/68.30/67

RES:73/74.40/76

WAIT FOR CALLS.

TECYHNICALS FOR NYEX TRADE FOR MAY 7 2009

MAY 7 THURSDAY

TRADING LEVELS FOR NYMEX TRADE

S1 RS 72 , S2 RS 70.30 , S3 RS 69

R1 RS 73.30 , R2 RS 75 , R3 RS 76.30

WAIT FOR CONFIRMATION.

MARKET ALERT AT 2 PM

MCX MAY LEAD WOULD TEST 72.40/ 74.80,

SUPPORT AT 72.40.CMP 73.

MARKET ALERT ON MAY 7 THURSDAY

Lead Outlook -

Buy Lead on dips around 71 - 72 levels

SL below 69.50 and looks for target for

75/78 levels above 73.

UPDATES

TECHNICALSFOR MAY 7

MCX MAY LEAD

SUPP; 71.60/70/69

RES; 73/74.40/76.10

PREFER LONGS ABOVE R1 OR LONGS AT S2.

TECHNICALS FOR NYMEX TRADE FOR MAY 6 2009

MAY 6 WEDNESDAY

TRADING LEVELS FOR NYMEX TRADE

S1 RS 70 , S2 RS 69 , S3 RS 67.60

R1 RS 71.60 , R2 RS 73 , R3 RS 75

WAIT FOR CONFIRMATION.

UPDATES

MARKET ALERT AT 2PM MAY 6

SELL MAY LEAD AT 70.30 SL 70.80,

TGT 69.

UPDATES

TECHNICALS FOR MAY 6

MCX MAY LEAD

SUpP;67.90/ 66.20/65

RES ; 71.60/ 73/ 75

PREFER SHORTS AT RESISTANCES

TECHNICALS FOR NYMEX TRADE FOR MAY 5 2009

MAY 5 TUESDAY

TRADING LEVELS FOR NYMEX TRADE

S1 RS 70 , S2 RS 69 , S3 RS 68

R1 RS 71.60 , R2 RS 73 , R3 RS 75

WAIT FOR CONFIRMATION.

UPDATES

TECHNICALS FOR MAY 5

MCX MAY LEAD

SUPP; 71.60/ 70/69

RES :73/ 74.40/76

HOLD LONGS AT SUPPORTS

TECHNICALS FOR NYMEX TRADE FOR MAY 4 2009

MAY 4 MONDAY

TRADING LEVESL FOR NYMEX TRADE

S1 RS 72 , S2 RS 71 , S3 RS 70

R1 RS 73 , R2 RS 74.60 , R3 RS 76

WAIT FOR CONFIRMATION.

UPDATES

TECHNICALS FOR 4 MAY

MCX MAY LEAD

SUPP: 69/68/66.60

RES: 71.10/72/72.90

WAIT FOR CALLS

MARKET ALERT ON MAY 1 FRIDAY

May Lesd may test Rs 69.50 / 71 ,

support is seen at Rs 66.60.