CLOSING COMMENTARY FOR JULY 31 FRIDAY

Lead prices went up sharply as it cuts and closed

above its strong res of 86.20 levels. Prices zoomed

towards 90 and looks bullish yet. Prices can correct

again after it touching 90 levels. Intraday strong

res around 88 - 88.20.

Support seen at 87.60.

CLOSING COMMENTARY FOR JULY 29 THURSDAY

Lead prices continuous its bull trend above 84.

Prices hovering around its strong res above and

around 86. A close above this could take

lead prices 88.50 - 90 levels.

MARKET ALERT ON JULY 29 THURSDAY 7.40 PM IST

MCX July Lead is bullish above Rs 86 and likely to

Test Rs 86.40 / 87.25 ,

Support is below Rs 85 .

MARKET ALERT ON JULY 29 THUIRSDAY 5.25 PM IST

MCX July Lead T1 Achieved at Rs 85.60.

Buy was between Rs 84.70 to 84.80.

MARKET ALERT ON JULY 29 THURSDAY 4.30 PM IST

MCX July Lead Approaching our T1 at Rs 85.60 ,

low risk traders book full profits

and others hold for T2 Rs 86.

MARKET ALERT ON JULY 29 THURSDAY 4.00 PM IST

MCX July Lead looks strong at CMP Rs 84.80

it could test Rs 85.60 / 86

support is seen below Rs 84.

TECHNICALS FOR JULY 30

MCX AUG LEAD

SUPP: 83.60/82.70/81.40

RES: 85.40/86.50/87.60

WAIT FOR CONFIRMATION

CLOSING COMMENTARY FOR JULY 29 WEDNESDAY

Lead prices range bound today and seems positive among

base metals as it maintained to stay above 84.

Strong sup seen around 83 and medium term trend

looks positive.

Buy on dips advised.

Wait for confirmation.

UPDATES FOR JULY 29 2009

JULY 29 WEDNESDAY

S1 RS 84.40 , S2 RS 83.60 , S3 RS 82.70

R1 RS 86.50 , R2 RS 87.50 , R3 RS 88.60

WAIT FOR CONFIRMATION.

CLOSING COMMENTARY FOR JULY 28 TUESDAY 10.00 PM IST

Lead prices seems steady even all others are in red.

Lead prices is bullish above its strong sup of 84.It

may correct more below this level Buy on dips advised.

Wait for confirmation. Ovearll looks positive.Medium

term trend also looks positive.

MKT ALERT AT 7.30 PM JULY 28

MCX JULY LEAD IS WEAK BELOW 85.25 AND CLD TEST 84.5/

84 LEVELS, RES SEEN ABOVE 86.35.

TECHNICALS FOR JULY 28

MCX JULY LEAD

SUPP; 84.50/83.60/82.80

RES:86.10/87.40/88.60

WAIT FOR CONFIRMATION

CLOSING COMMENTARY FOR JULY 27 MONDAY

Lead prices went up initially after cutting its res of 85

levels. But unable to break above its strong res of

86.20 levels. Prices still in green and a close

below 84 seems can have correction. Above 86.20 on

closing is more bullish.

TECHNICALS FOR JULY 27

MCX JULY LEAD

SUPP: 83.40/82.30/81

RES:85.30/86.20/87

STAY LONG AT SUPPORTS

UPDATES

TECHNICALS FOR JULY 24

MCX JULY LEAD

SUPP; 81.50/80.50/79.80

RES; 83.50/84.60/86.20

PREFER LONGS AT SUPPORTS

MARKET ALERT FOR JULY 23 THURSDAY 8.30 PM IST

MCX July lead looks strong at CMP Rs 82.40

It cld test Rs 83.30 / 84

support is seen below Rs 81.60

TECHNICALS FOR NYMEX TRADE FOR JULY 23 2009

JULY 23 THURSDAY

TRADING LEVELS FOR NYMEX TRADE

S1 RS 81.20 , S2 RS 80.50 , S3 RS 79.80

R1 RS 83.60 , R2 RS 84.60 , R3 RS 86.20

WAIT FOR CONFIRMATION.

UPDATES FOR JULY 23 2009

JULY 23 THURSDAY

S1 RS 81.20 , S2 RS 80.50 , S3 RS 79.80

R1 RS 83.60 , R2 RS 84.60 , R3 RS 86.20

WAIT FOR CONFIRMATION.

MARKET ALERT ON JULY 22 WEDNESDAY 12.0 PM IST

MCX July lead now has support at Rs 79.10 and Rs 78.50

Res is seen above Rs 80.70.

CMP Rs 79.85.

UPDATES FOR JULY 22 2009

JULY 22 WEDNESDAY

S1 RS 79 , S2 RS 77.80 , S3 RS 76.80

R1 RS 80.60 , R2 RS 82.40 , R3 RS 83.60

WAIT FOR CONFIRMATION.

CLOSING COMMENTARY FOR JULY 21 2009

Lead prices had a mixed range this week. No trend

confirmation is seen. Strong res seen around 82.50 - 83.

A negative close today is more neg for this week.

Wait for confirmation.

MARKET ALERT FOR JULY 20 MONDAY 10.35 AM IST

MCX July Lead now has support at Rs 80.70

Res is seen at Rs 83 levels

cmp Rs 81.80

UPDATES FOR JULY 20 2009

JULY 20 MONDAY

S1 RS 79.80 , S2 RS 78.70 , S3 RS 78.50

R1 RS 83.40 , R2 RS 84.60 , R3 RS 86

WAIT FOR CONFIRMATION.

MARKET ALERT ON JULY 17 FRIDAY 11.15 AM IST

MCX July lead could test RS 77.50 / 76.80

Res is seen above Rs79.10.

Sell is recommended in the range of Rs 78.40 to 78.60.

UPDATES FOR JULY 17 2009

JULY 17 FRIDAY

S1 RS 72.90 , S2 RS 71.80 , S3 RS 71

R1 RS 75.20 , R2 RS 76 , R3 RS 77.20

WAIT FOR CONFIRMATION.

CLOSING COMMENTARY FOR JULY 16 THURSDAY

Lead seems more weak among base metals. Lead prices could

not able to break its very strong res of 79 and

selling pressure seen at 79. A negative close around

78 could take prices to 76 - 75 again.

UPDATES FOR NYMEX TRADE FOR JULY 16 2009

JULY 16 THURSDAY

TRADING LEVELS FOR NYMEX TRADE

S1 RS 76.40 , S2 RS 75.50 , S3 RS 74.60

R1 RS 78.30 , R2 RS 79.30 , R3 RS 80.10

WAIT FOR CONFIRMATION.

UPDATES FOR JULY 16 2009

JULY 16 THURSDAY

S1 RS 78.30 , S2 RS 77.40 , S3 RS 76.60

R1 RS 80.10 , R2 RS 81.30 , R3 RS 82.50

WAIT FOR CONFIRMATION.

CLOSING COMMENTARY FOR JULY 15 WEDNESDAY

Lead seems bullish after it brokes its strong Res

of 78. A close above 79 could reach 81-83 again.

Short term looks bullish.

MKT ALERT AT 4 PM JULY 15

MCX JULY LEAD APPROACHINNG OUR T2 AT 79.50,

TRADERS BOOK FINAL PROFITS BETWEEN 79.10 TO 79.50.( BUY AT 78)

MARKET ALERT ON JULY 15 WEDNESDAY 3.00 PM IST

MCX July lead approaching T 1 Rs 78.80

(Buy was given at Rs 78 ).

Traders book profits.

MKTALERT AT 11.50 PM JULY 15

MCX JULY LEAD: LOW RISK TRADERSBOOK PROFITS AT

CMP 78.60( BUY AT 78), OTHERS HOLD FOR TGTS.

mkt alert at 11 am july 15

Buy Lead July between 77.90 - 78 SL below 77.30

T1 78.80 T2 79.50

MARKET ALERT ON JULY 14 TUESDAY 9.40 PM IST

MCX July lead looks to have support below Rs 76.70

Res is seen at Rs 78.20

CMP Rs 77.30

could test Res.

UPDATES FOR JULY 14 2009

JULY 14 TUESDAY

S1 RS 74.70 , S2 RS 72.80 , S3 RS 71.60

R1 RS 76.60 , R2 RS 77.70 , R3 RS 79.30

WAIT FOR CONFIRMATION.

july 9, 12 noon

Sell Lead July between 78.30 - 78.50 SL above

79 T1 77.60 T2 77 (

UPDATES

TECHNICALS FOR JULY9

MCX JULYLEAD

SUPP: 77.70/76.80/75.60

RES; 79.30/80/80.90

WAIT FOR CALLS

MARKET ALERT ON JULY 8 WEDNESDAY 10.00 PM IST

Lead prices came down after it broke a consolidation

levles of 80 - 83. Strong sup seen at 79.80 lvels a

close below could take it more till 75 lvels. But 78

is very stng sup and could watch carefully on that.

MARKET ALERT ON JULY 8 WEDNESDAY 10.25 AM IST

MCX July lead looks weak between Rs 79.80 to 80

it could test Rs 79 / 79

Res is seen above Rs 80.60.

UPDATES FOR JULY 8 2009

JULY 8 WEDNESDAY

S1 RS 79.50 , S2 RS 77.90 , S3 RS 77.10

R1 RS 81.40 , R2 RS 82.60 , R3 RS 83.40

WAIT FRO CONFIRMATION.

UPDATES FOR JULY 7 2009

JULY 7 TUESDAY

S1 RS 80.60 , S2 RS 79.70 , S3 RS 79.10

R1 RS 82.30 , R2 RS 83.40 , R3 RS 85

WAIT FOR CONFIRMATION.

Sell Lead July betwn 80.20 - 80.30 SL above 81 T1 79.30 T2 78.80

UPDATES

TECHNICALS FORJULY 6

MCX JULY LEAD

SUPP; 80.20/79.60/78.70

RES; 82.20/83.60/85

WAIT FOR CALLS

TECHNICALS FOR EVENING TRADE FOR JULY 3 2009

JULY 3 FRIDAY

TRADING LEVELS FOR EVENING TRADE

S1 RS 80.20 , S2 RS 79.60 , S3 RS 78.70

R1 RS 81.50 , R2 RS 82.40 , R3 RS 83.60

WAIT FOR CONFIRMATION.

UPDATES FOR JULY 3 2009

JULY 3 FRIDAY

S1 RS 80.80 , S2 RS 79.80 , S3 RS 78.70

R1 RS 82.40 , R2 RS 83.50 , R3 RS 84.50

WAIT FOR CONFIRMATION.

TECHNICALS FOR NYMEX TRADE FOR JULU 2 2009

JULY 2 THURSDAY

TRADING LEVELS FOR NYMEX TRADE

S1 RS 81.30 , S2 RS 80.60 , S3 RS 79.80

R1 RS 82.40 , R2 RS 83.50 , R3 RS 84.50

WAIT ROR CONFIRMATION.

MARKET ALERT ON JULY 2 THURSDAY 11.30 AM IST

MCX July Lead looks strong at CMP Rs 82.80

it could test Rs 83.90 / 84.50

support is seen below Rs 82.10.

UPDATES FOR JULY 2 2009

JULY 2 THURSDAY

S1 RS 80.10 , S2 RS 78.80 , S3 RS 77.40

R1 RS 81.80 , R2 RS 83 , R3 RS 84.30

WAIT FOR CONFIRMATION

TECHNICALS FOR NYMEX TRADE FOR JULY 1 2009

JULY 1 WEDNESDAY

TRADING LEVELS FOR NYMEX TRADE

S1 RS 8.10 , S2 RS 78.80 , S3 RS 77.40

R1 RS 81.80 , R2 RS 83 , R3 RS 84.30

WAIT FOR CONFIRMATION.

UPDATES FOR JULY 1 2009

JULY 1 WEDNESDAY

S1 RS 80.10 , S2 RS 78.80, S3 RS 77.40

R1 RS 81.80 , R2 RS 83 , R3 RS 84.30

WAIT FOR CONFIRMATION.