Buy LeadM Feb

Buy LeadM Feb at 107.1 and at 106.4 SL below 105.6 T1 108.4 T2 109.2

MCX COPPER HIGH

MCX COPPER HIGH 419.30 OUR T1 AT 421 BUYS AT 417 BOOK FURTHER/

MCX NICKEL TRADES POSITIVE

MCX NICKEL TRADES POSITIVE ABV 985 WITH -POSITIONAL SUPPORT BELOW 970 AND CLD TGT5 1000-1010//MCX CRUD EOIL MARCH POSITIVE ABV 5380 WITH SUPP AT 5335 AND CLD TGT 5450-5500//LEVELS FOR TRADERS/

Buy ZincM Feb

Buy ZincM Feb at 101.2 and at 100.6 SL below 100.1 T1 102.2 T2 103.

Buy Copper Feb

Buy Copper Feb at 417 and at 415 SL below 413.8 T1 420 T2 423. Medium Risk.
Buy ZincM Feb at 101.2 and at 100.6 SL below 100.1 T1 102.2 T2 103.

Sell Copper Feb at 410.8

Sell Copper Feb at 410.5 SL above 412.6 T1 408 T2 406. Medium Risk. Trade Less

MCX FEB LEAD

TRADING LEVELS FOR MORNING SESSION

MCX FEB LEAD


S1 RS 103.10 , S2 RS 101.80 , S3 RS 100.50


R1 RS 105.60 , R2 RS 106.80 , R3 RS 108.10

MCX FEB NICKEL

TRADING LEVELS FOR MORNING SESSION


MCX FEB NICKEL


S1 RS 983 , S2 RS 971 , S3 RS 958


R1 RS 1009 ,R2 1018 , R3 RS 1029

TRADING LEVELS FOR MCX FEB COPPER

THURSDAY
TRADING LEVELS FOR MORNING SESSION
MCX FEB COPPER
S1 RS 412.50 , S2 RS 409.60 , S3 RS 405,.80
R1 RS 418.30 , R2 RS 421.50 , R3 RS 425

MARKET UPDATE

FEB 23: GOLD$1775 HIGH LAST NIGHT $1781..BREAK OUT ON WEEKLY CLOSE ABOVE$1780-85, MCX RES 28800 SUPP 28500/SILVER$34.32 HIGH LAST NIGHT $34.50 ..NEXT BREAK OUT CLOSE ABV $34.50 MCX RES STRONG ABV 58000,CURRENT SUPP 56500 LTP 57250/CRUDE$105.80 MCX RES 5280-5310 SUPP 5220-5180 OPENS FLAT/COPPER OPENS FLAT RES 418.50 SUPP 413/US DOLLAR INDEX 79.20/

TRADING LEVELS FOR MORNING SESSION FOR BASE METALS

TRADING LEVELS FOR MORNING SESSION

MCX FEB COPPER
S1 RS 412 , S2 RS 409.30 , S3 RS 405.60
R1 RS 417.80 , R2 RS 420.30 , R3 RS 423


TRADING LEVELS FOR MORNING SESSION

MCX FEB NICKEL

S1 RS 981 , S2 RS 965 , S3 RS 943
R1 RS 1009 , R2 RS 1018 ,R3 RS 1031

METAL UPDATES

GOLD $1755 BUY CALL GOLDM LAST EVEING RUNNING FOR TGT 28230/ SILVER$34.22 T2 ACH LAST NIGHT AT 57100 HIGH 57250, SUPP NOW 56500 RES 57500-57850/CRUDE T1 ACH LAST NIGHT AT 5230 HIGH 5240 BUYS AT 5200 CRUDE CMP $105.79 LAST NIGHT HIGH $106.20/COPPER OPENS FLAT SUPP 412 RES 418-421/

MARKET LOOK 20/2/12

FEB 20/MCX CLOSED MORNING SESSION,US MKTS CLOSED TODAY,ONLY ELECTRONIC US TRADING TODAY/CHINA ANNOUNCES CRR CUT BY HALF POINTS,MKTS RALLY UP/CRUDE$104.93 OPENS SHARPLY HIGHER 1.5%/GOLD$1735 (UP ARD $13) SILVER$33.55(UP OVER 30 CENTS)/COPPER OPENS UP OVER 1.3%/

The technical analysis for COMMODITIES February 18th, 2012

February 18th, 2012

The technical analysis, that includes the indicators’ data and major pivot points for Brent Oil, Gold, Silver and Copper as traded on spot market as of February 18th, 2012:

Indicators
	Moving Averages	RSI	Parabolic SAR	CCI
Oil	Long	Overbought	Long	Neutral
Gold	Long	Neutral	Short	Neutral
Silver	Long	Overbought	Long	Long
Copper	Long	Neutral	Short	Short

Floor Pivot Points
	3rd Sup	2nd Sup	1st Sup	Pivot	1st Res	2nd Res	3rd Res
Oil	114.47	115.73	118.10	119.36	121.73	122.99	125.36
Gold	1685.90	1696.80	1715.20	1726.10	1744.50	1755.40	1773.80
Copper	355.65	364.20	373.05	381.60	390.45	399.00	407.85

Woodie’s Pivot Points
	2nd Sup	1st Sup	Pivot	1st Res	2nd Res
Oil	116.01	118.65	119.64	122.28	123.27
Gold	1698.68	1718.95	1727.98	1748.25	1757.28
Copper	364.28	373.20	381.68	390.60	399.08

Camarilla Pivot Points
	4th Sup	3rd Sup	2nd Sup	1st Sup	1st Res	2nd Res	3rd Res	4th Res
Oil	118.46	119.46	119.79	120.13	120.79	121.13	121.46	122.46
Gold	1717.49	1725.54	1728.23	1730.91	1736.29	1738.97	1741.66	1749.72
Copper	372.33	377.12	378.71	380.31	383.50	385.09	386.69	391.47

Fibonacci Retracement Levels
	Oil	Gold	Copper
100.0%	120.63	1737.00	390.15
61.8%	119.24	1725.81	383.50
50.0%	118.82	1722.35	381.45
38.2%	118.39	1718.89	379.40
23.6%	117.86	1714.61	376.86
0.0%	117.00	1707.70	372.75

FRIDAY

TRADING LEVELS FOR EVENING SESSION nickel


S1 RS 978 , S2 RS 966 , S3 RS 952

R1 RS 1002 , R2 RS 1016 , R3 RS 1028

zinc

TECHNICALS FOR NYMEX TRADE FOR FEB 17 2012

FRIDAY

TRADING LEVELS FOR EVENING SESSION

S1 RS 96.60 , S2 RS 95.70 , S3 RS 94.80


R1 RS 98.60 , R2 RS 99.70 , R3 RS 100.60

TECHNICALS FOR NYMEX TRADE FOR FEB 17 2012

TECHNICALS FOR NYMEX TRADE FOR FEB 17 2012

FRIDAY

TRADING LEVELS FOR EVENING SESSION


S1 RS 410.80 , S2 RS 407.60 , S3 RS 404.40

R1 RS 416.20 , R2 RS 420.80 , R3 RS 424.50

MARKET ALERT ON FEB 17 FRIDAY 6.20 PM IST

MARKET ALERT ON FEB 17 FRIDAY 6.20 PM IST

Base metals showed some bounce and again coming down

Copper Res now at Rs 418.50

Support at Rs 412 / 410


Nickel Remains weak below Rs 995 , Positional Res above Rs 1011 

Support at Rs 980 / 970

book profit in copper

MRKT ALERT

MCX Feb Copper book part profits upto 413.3, Sell given at 414.2.

sell lead

Sell LeadM Feb at 100.3 SL above 101.2 T1 99.4 T2 98.8.

sell copper

MRKT ALERT

Sell Copper Feb between 414.4 - 414.7 SL above 416.6 T1 412 T2 410.

FRIDAY


TRADING LEVELS FOR MORNING SESSION

MCX FEB COPPER


S1 RS 411 , S2 RS 408 , S 3R S405



R1 RS 419.40 , R2 RS 423 , R3 RS 427