TECHNICALS FOR NYMEX TRADE FOR DEC 31 2009

DEC 31 THURSDAY

TRADING LEVELS FOR EVENING SESSION

S1 RS 112.60 , S2 RS 111.60 , S3 RS 110.50

R1 RS 114.35 , R2 RS 115.20 , R3 RS 116.40

WAIT FOR CONFIRMATION .

MARKET ALERT ON DEC 31 THURSDAY 12.15 PM IST

MCX Jn lead now has support at Rs 112.80

Res can be seen at Rs 115.80

CMP Rs 113.90

These are trading levels .

UDATES FOR DEC 31 2009

DEC 31 THURSDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 112.20 , S2 RS 111. S3 RS 110

R1 RS 114.30 , R2 RS 115.60 , R3 RS 116.70

WAIT FOR CONFIRMATION .

CLOSING COMMENTARY FOR DEC 30 WEDNESDAY

Lead dropped heavily in the later session and making the

spread widened with zinc again. Prices now could test the

strong levels of 111 levels and buying could come at lower

levels around 110 - 111 levels. More clarity could come

after new year.

Wait for confirmation.

MKT ALERT AT 12 NOON

MCX JAN LEAD: T1 ACH AT 115.20

m kt alert 10.30 am

Buy Lead Jan between 114.20 - 114.40 SL below 113.50 T1 115.20 T2 115.90

UPDATES FOR DEC 30 2009

DEC 30 WEDNESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 112.70 , S2 RS 111.80 , S3 RS 110.90

R1 RS 114.70 , R2 RS 115.60 , R3 RS 116.70

WAIT FOR CONFIRMATION .

CLOSING COMMENTARY FOR DEC 29 TUESDAY

Lead prices went up sharply than zinc. Prices reduced the spread

between lead and zinc.Prices now could test more highs till 114

- 115 levels. Prices is trading above the strong sup of

110.50 - 111 .

TECHNICALS FOR NYMEX TRADE FOR DEC 29 2009

DEC 29 TUESDAY

TRADING LEVELS FOR EVENING SESSION

S1 RS 110.70 , S2 RS 110 , S3 RS 109.20

R1 RS 111.60 , R2 RS 112.60 , R3 RS 113.80

WAIT FOR CONFIRMATION .

UPDATES FOR DEC 29 2009

DEC 29 TUESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 110.20 , S2 RS 109.40 , S3 RS 108.40

R1 RS 111.60 , R2 RS 112.60 , R3 RS 114

WAIT FOR CONFIRMATION .

TECHNICALS FOR NYMEX TRADE FOR DEC 28 2009

DEC 28 MONDAY

TRADING LEVELS FOR EVENING SESSION

S1 RS 110.20 , S2 RS 109.40 , S3 RS 108.40

R1 RS 111.60 , R2 RS 112.60 , R3 RS 113.80

WAIT FOR CONFIRMATION .

UPDATES FOR DEC 28 2009

DEC 28 MONDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 109.20 , S2 RS 108.60 , S3 RS 107.40

R1 RS 111.30 , R2 RS 112.40 , R3 RS 113.10

WAIT FOR CONFIRMATION .

MARKET ALERT ON DEC 23 WEDNESDAY 9.20 PM IST

MCX Dec Lead T 2 ACH AT 109.20BOOK FULL PROFITS.

MRKT ALERT 9.20 PM

MCX DEC LEAD T1 ACHIEVED AT 108.50\ HOLD FOR T2

MRKT ALERT 6.33PM

MCX DEC LEAD APPROACHING OUR T1 AT 108.50, TRADERS CAN BOOK FURTHER PROFITS/HOLD FOR T2 GIVEN. BUY GIVEN AT 107.50..

TECHNICALS FOR NYMEX TRADE FOR DEC 23 2009

DEC 23 WEDNESDAY

TRADING LEVELS FOR EVENING SESSION .

S1 RS 106.80 , S2 RS 105.70 , S3 RS 104.50

R1 RS 108.60 , R2 RS 109.60 , R3 RS 111

WAIT FOR CONFIRMATION .

MRKT ALERT 3.50PM

MCX DEC LEAD TRADERS CAN BOOK PART PROFITS UPTO 108, OTHERS CAN HOLD FOR GIVEN TARGETS. BUY GIVEN AT 107.50.

MRKT ALERT 12.15 PM

Buy Lead Dec between 107.50 - 107.70 SL below 106.80 T1 108.50 T2 109.20 ( High Risk BC )

UPDATES FOR DEC 23 2009

DEC 23 WEDNESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 106.40 , S2 RS 105.20 , S3 RS 104.20

R1 RS 843 , R2 RS 852 , R3 RS 866

WAIT FOR CONFIRMATION .

TECHNICALS FOR DEC 22

MCX DEC LEAD

SUPP: 107.40/106.40/105.20

RES: 109.60/110.60/111.90

WIAT FOR CALLS

CLOSING COMMENTARY FOR DEC 18 FRIDAY

Zinc prices trading positively though all other metals slightly

slipped. The diff is widened with lead prices and trading firm.

Buying could come again at 110 - 109 levels for a target of 113

- 115 levels. A negative close below 109 levels could be

watched for downside.

TECHNICALS FOR NYMEX TRADE FOR DEC 18 2009

DEC 18 FRIDAY

TRADING LEVELS FOR EVENING SESSION

S1 RS 108.20 , S2 RS 107 , S3 RS 105.80

R1 RS 110.50 , R2 RS 111.60 , R3 RS 112.70

WAIT FOR CONFIRMATION .

TECHNICALS FOR DEC 18

MCX DEC LEAD

SUPP: 108.20/107/105.80

RES; 110.50/111.60/112.70

WAIT FOR CALLS

TECHNICALS FOR NYMEX TRADE FOR DEC 17 2009

DEC 17 THURSDAY

TRADING LEVELS FOR EVENING SESSION

S1 RS 109.20 , S2 RS 108.40 , S3 RS 107.20

R1 RS 110.70 , R2 RS 111.60 , R3 RS 112.80

WAIT FOR CONFIRMATION .

TECHNICALS FOR DECEMBER 17

MCX DEC LEAD

SUPP: 110.50/109.80/109.10

RES: 112.20/113.50/114.40

PREFER LONGS AT SUPPORTS

MKT ALERT AT 11.20 AM

Buy Lead Dec between 108.70 - 108.80 SL below 107.90

T1 110 T2 111.20 HIGH RISK CALL.

TECHNICALS FOR DEC 16

MCX DEC LEAD

SUPP: 108.20/107/106.30

RES: 109.60/110.50/111.80

WAIT FOR CALLS

MARKET ALERT ON DEC 15 TUESDAY 6.30 PM IST


MCX Dec Lead looks weak at CMP Rs 107.70 , support is

seen at Rs 106.80 , Res is seen at above Rs 108.30.

TECHNICALS FOR NYMEX TRADE FOR DEC 15 2009

DEC 15 TUESDAY

TRADING LEVELS FOR EVENING SESSION

S1 RS 106.40 , S2 RS 105.50 , S3 RS 104.30

R1 RS 108.10 , R2 RS 109.20 , R3 RS 110.60

WAIT FOR CONFIRMATION .

TECHNICALS FOR DEC 15

MCX DEC LEAD

SUPP:107.20/106.10/104.80

RES: 108.80/110/111.30

WAIT FOR CALLS

MARKET ALERT ON DEC 14 MONDAY 6.15 PM IST

MCX Dec Leads buy between Rs 107.70 to 107.90

stop loss seen below Rs 07

Target 1 Rs 109.10

Target 2 Rs 109.80 .

TECHNICALS FOR DEC 14

MCX DEC LEAD

SUPP: 106.30/105.20/103.90

RES: 108.30/109.60/110.60

WAIT FOR CALLS

UPDATES FOR DEC 11 2009

DEC 11 FRIDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 104.70 , S2 RS 103.40 , S3 RS 102.40

R1 RS 106.40 , R2 RS 107.40 , R3 RS 108.60

WAIT FOR CONFIRMATION .

TECHNICALS FOR DEC 10

MCX DEC LEAD

SUPP: 104.70/103.40/102.60

RES: 106.40/107.50/108.40

WAIT FOR CALLS

MARKET ALERT FOR DEC 9 WEDNESDAY

Sell MCX Dec Lead Below Rs 105.30

stop loss above Rs 106.30

Target 1 Rs 104

Target 2 Rs 102.80 .

This is a High Risk Call .

CLOSING COMMENTARY FOR DEC 8 TUESDAY

Lead prices trading weak and highly range bound around 106

- 107 levels. Prices on a break and close below 105 - 105.50

seems weak till 103 levels. A close above 106.50 levels could

have some small upside bounce back till 108 - 109 levels.

Strong sup is at 105 and Res seen at 109.50 .

CLOSING COMMENTARY FOR DEC 7 MONDAY

Lead prices dropped sharply as the prices again fall in the range

of 105 - 110 levels to test the lower band. Prices came down

sharply below the strong res levels of 109.50- 110.40 levels.

Prices have strong sup of 105 and a break belwo could test prices

till 104 on intradaybasis.

Res is seen at 109.50 and sup seen at 106 .

MKT ALERT AT 2.05 PM

MCX DEC LEAD: BOOK MAX PROFITS UPTO 106.65

( SELL AT 108.30)/OTHERS HOLD FOR T2.

mkt alert at 1.35 pm

mcx dec lead: book part profits at 107.70( sell

given at 108.30).

mkt alert at 11.30 am

Sell Lead Dec below 108.30 SL above 109.30 T1 107

T2 106.20 high risk.

TECHNICALS FOR DEC 7

MCX DEC LEAD

SUPP: 109.10/107.70/106.90

RES: 110.20/111.20/111.90

WAIT FOR CALLS

CLOSING COMMENTARY FOR DEC 4 FRIDAY

Lead trading weak for the second day.Prices came down

after prices break the strong sup of 110.50 levels.Prices

trading volatile between 109 - 110 levels. A break below

108 could have more downside for prices.

Prices should close above 110.50 - 111 levels for positive

confirmation.

MKT ALERT AT 11 AM

HIGH RISK CALL: SELL MCX DEC LEAD 109.40 TO 109.60

SL ABV 110.40 TGT 108.30/107.50.

TECHNICALS FOR DEC 4

MCX DEC LEAD

SUPP: 109.80/108.90/107.70

RES; 111.60/112.40/113.60

WAIT FOR CALLS

CLOSING COMMENTARY FOR DEC 3 THURSDAY

Lead prices trading with high band with huge volatality.

Prices dropped at the strong res level of 114.50 - 115 levels.

Prices have very strong sup of around 110 - 110.50.

A break and close below this could again take prices in

the previous band of 105 - 110 levls.

Wait for confirmation.

UPDATES FOR DEC 3 2009

DEC 3 THURSDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 113.20 , S2 RS 112 , S3 RS 110.80

R1 RS 114.60 , R2 RS 115.80 , R3 RS 117

WAIT FOR CONFIRMATION .

MARKET ALERT ON DEC 2 WEDNESDAY 8.30 PM IST

MCX Dec Lead support at Rs 113.50

Res is seen at Rs 116

cmp Rs 114.40

These are levels only .

MRKT ALERT 11.10 AM

Buy Lead Dec between 112.50 - 112.70 SL below 111.80 T1 113.60 T2 114 ( Trade Low Volumes)

UPDATES FOR DEC 2 2009

DEC 2 WEDNESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 111.10 , S2 RS 109.80 , S3 RS 108.70

R1 RS 113.40 , R2 RS 114.60 , R3 RS 115.60

WAIT FOR CONFIRMATION .

MARKET ALERT ON DEC 1 TUESDAY 10.00 PM IST

HNI CALL UPDATE

Buy Lead above Rs 108.20

Stop loss Rs 106.45

Target 1 Rs 110

Target 2 Rs 112

BOOKED FULL PROFITS

HNI CALLS WILL BE PUBLISHED ONLY AFTER PROFITS ARE

BOOKED.

UPDATES FOR DEC 1 2009

DEC 1 TUESDAY

TRADING LEVELS FOR MORNING SESSION.

S1 RS 107.20 , S2 RS 106, S3 RS 104.80

R1 RS 108.70 , R2 RS 109.60 , R3 RS 110.60

WAIT FOR CONFIRMATION .