COPPER 31AUG2010 INTRADAY/POSITIONAL LEVEL

BEST BUY & SUPPORT @ 336 RESISTNCE & BEST SHORT LEVEL @ 336.80..ABOVE THE RESISTNCE TARGET IS 340.6/341.8; A CRACK BELOW THE SUPPORT IS A SELL FOR TARGET 331.8/330.6..
   CMP - 337.70

LONG TRADE		SHORT TRADE
BEST BUY LEVEL		BEST SHORT LEVEL
336.0		336.80
BUY TARGETS		SHORT TARGETS
T1 = 340.60		T1 = 331.80
T2 = 341.80		T2 = 330.60

MCX CRUDE OIL 19AUG 2010 EXPIRY INTRADAY/POSITIONAL LEVELS

BEST BUY 3618 RESISTANCE @ 3640 ABOVE THAT TARGET 3710/3732 ; BELOW 3602 SELL IT (REVERSE YOUR TRADE) FOR TARGET 3546/3524....

LONG TRADE		SHORT TRADE
BEST BUY LEVEL		BEST SHORT LEVEL
3618.0		3640.0
BUY TARGETS		SHORT TARGETS
T1 = 3710.0		T1 = 3546.0
T2 = 3732.0		T2 = 3524.0

              CMP-3646


***CHANGE IN TRADING STRATERGY & LEVELS -DUE TO THE HIGH VOLATILITY IN THE COMMODITY MARKET OUR GIVEN STOP LOSS IS GETTING TRIGGERED REPEATEDLY...HENCE FROM HERE WE ARE STOP LOSS WONT BE MENTIONED ANY MORE RATHER REVERSE YOUR TRADE AS PER OUR OLD TRADING TECHNIQUE...

MCX CRUDE OIL ALERT

THOUGH OUR GIVEN STOP LOSS WAS HIT IN  CRUDE OIL 19AUG2010 EXPIRY ...CRUDE OIL MANAGED TO ACHIEVE OUR GIVEN TARGET 3661..DAYS HIGH 3674
 CMP - 3665

MCX SILVER 04SEP2010 INTRADAY/POSITIONAL LEVEL

LONG TRADE		SHORT TRADE
BEST BUY LEVEL		BEST SHORT LEVEL
28218.0		28270.0
BUY TARGETS		SHORT TARGETS
T1 = 28438.0		T1 = 28050.0
T2 = 28489.0		T2 = 27998.0

MCX SPOT SILVER TECHNICAL VIEW

  

The technical picture for spot silver remains messy at present as we continue to consolidate between $17.26 to the downside and $18.50 to the upside with the short term tone certainly bearish at present.  Yesterday’s price action for spot silver breached the 200 day moving average with the close of the session also ending below this key indicator adding further to the bearish sentiment at present.  However, it should be noted that as we are trading in a channel at present the lower wick of yesterday’s candle suggests that we could be touching the bottom once again and see a bounce higher in due course to test the upper level of the channel once again as spot  SILVER PRICES continue to move sideways.  A sustained break above $18.75 per ounce will give us a clear signal that the channel has been breached, but anything else than this will suggest a period of further sideways consolidation.

MCX INTRADAY CALL

BUY CRUDE OIL 19AUG2010 EXPIRY BETWEEN 3612-3620 STOP LOSS @ 3598 
            TGT - 3650/3661
CMP - 3625

NATURAL GAS AUG EXPIRY SHORT TERM TRADING LEVELS

NATURAL GAS SHORT TERM (1-4WEEKS) LEVELS:
BEST BUY 220(CURRENT RESISTNCE); ACTUAL RESISTNCE @ 230.10(BEST SHORT LEVEL) ABOVE THAT TARGET 263.5 ; BELOW 216 SELL IT FOR TARGET 186.40..

LONG TRADE		SHORT TRADE
BEST BUY LEVEL		BEST SHORT LEVEL
220.0		230.10
BUY TARGETS		SHORT TARGETS
T1 = 263.50		T1 = 186.40

MCX NATURAL GAS 26AUG2010 INTRADAY LEVELS

NATURAL GAS BEST BUY 217 RESISTNCE @ 218.1 ABOVE THT TGT 219.7/220.3;BELOW 216.2 SELL IT FOR TGT 215.7/215.2
   CMP - 217.70

LONG TRADE		SHORT TRADE
BEST BUY LEVEL		BEST SHORT LEVEL
217.0		218.10
BUY TARGETS		SHORT TARGETS
T1 = 219.70		T1 = 215.70
T2 = 220.30		T2 = 215.20

MCX COPPER 31AUG 2010 1-2 DAYS LEVEL

BEST BUY 330 RESISTANCE @ 332 ABVE THAT TGT 336.90/338.35;BELOW 329.2 

SELL IT FOR TGT 325.65/324.20... CMP- 332.50

LONG TRADE		SHORT TRADE
BEST BUY LEVEL		BEST SHORT LEVEL
330.0		332.0
BUY TARGETS		SHORT TARGETS
T1 = 336.90		T1 = 325.65
T2 = 338.35		T2 = 324.20

MCX INTRADAY/POSITIONAL CRUDE OIL TRADING LEVELS

LONG TRADE		SHORT TRADE
BEST BUY LEVEL		BEST SHORT LEVEL
3689.0		3701.0
BUY TARGETS		SHORT TARGETS
T1 = 3737.0		T1 = 3652.0
T2 = 3748.0		T2 = 3641.0

MCX INTRADAY/POSITIONAL CALL

SELL MCX COPPER 31AUG2010 ABOVE 330-333.1; STOP LOSS @ 334.65 
     TGT 1 > 322 ; TGT 2 >318.20 ; TGT 3> 316.6
                     CMP - 330

NIFTY SPOT WEEKLY LEVELS 26/07/2010 - 30/07/2010

LONG TRADE		SHORT TRADE
BEST BUY LEVEL		BEST SHORT LEVEL
5389.0		5411.65
BUY TARGETS		SHORT TARGETS
T1 = 5483.40		T1 = 5318.0
T2 = 5505.60		T2 = 5295.60

MCX COPPER CRUDE OIL NATURAL GAS SHORT TERM TRADING LEVELS

NIFTY SPOT & FUT ALERT !!!

AS PER OUR NIFTY SPOT LEVELS ....NIFTY HAS ALMOST ACHIEVED OUR GIVEN 1ST TGT 5448....DAYS HIGH 5447.10....WE ADVICE TRADERS TO GET OUT OF THE MARKET...

NIFTY FUT : "AS PER OUR ADVICE POSTED 7 DYS AGO "SELL ON ALL RISES ABOVE 5426-5432-5460*" NIFTY FUT TOUCHED 5459 DAYS HIGH...WE ADVICE OUR TRADERS TO BOOK FULL PROFITS AND GET OUT OF THE MARKETS... DONT B GREEDY N CARRY FORWARD UR LONG POSITIONS.
                                       JACK POT CALL :.BUY 5200PE - CMP

NIFTY SPOT INTRADAY /POSITIONAL LEVELS

***NOTE : THE LEVELS ARE CONSIDERD FROM HERE ON CMP-5383.9 

(SUPPORT) >>		<<(RESISTANCE)
BEST BUY LEVEL		BEST SHORT LEVEL
5321.0		5350.80
BUY TARGETS		SHORT TARGETS
T1 = 5448.0		T1 = 5223.60
T2 = 5478.00		T2 = 5193.60

MCX ALERT

OUR COPPER(31AUG2010) SELL CALL INITIATED 11 HOURS AGO @ 322.5 HAS CRACKED TO 319.60 & IS ALMOST NEARING TO OUR 1 TGT 318.2..2ND TGT IS 316..
                         CMP - 319.8

MCX INTRADAY/POSITIONAL CALL

SELL COPPER 31AUG2010 @ CMP - 322.5 ..

STOP LOSS @ 323.8 ...

TGT 318.2/316

NIFTY FUT INTRADAY LEVELS - 15 JULY 2010

LONG TRADE		SHORT TRADE
BEST BUY LEVEL		BEST SHORT LEVEL
5381.0		5388.90
BUY TARGETS		SHORT TARGETS
T1 = 5414.80		T1 = 5356.0
T2 = 5422.75		T2 = 5348.0

                      

                           CMP - 5375