marketnewsupdates for oct 7 2011

FRIDAY : Non-Farm Employment Change A 103K F 55K P oK Unemployment Rate A 9.1% F 9.1% P 9.1% Unemployment Rate A 0.2% F 0.2% P -0.1% Data positive to USd

marketalert on oct 6 2011

THURSDAY 8.00 PM IST Natural Gas Inventory Actual 97 Bcf Previous 111 Bcf

marketnewsupdates for oct 6 2011

THURSDAY 6.00 PM IST Unemployment Claims Act 401K Fore 411K Prev 391K Data postive to USD

marketnews updates for oct 5 2011

WEDNESDAY 11.20 AM IST opper trades volatile between 340 – 350 levels. Res seen at 347 – 348 and sup at 338. Nickel with huge volatile 900 – 960. Lead mild weak below 96 till 94 levels. Zinc trading range bound 91 – 93.

friday 3.30 pm ist Market trading highly range bound. Gold next move on a break above or below 26050 or 25850. Silver above 52500 or below 51000 if sustains.

CRUDE$82.55 SUPP 3980 RES 4150/ COPPER OPENS LOWER ARD 0.70% MCX ARD 353 SUPP 348 RES 358.50/

WEDNESDAY 4.20 PM IST Range bound trading levels. Gold between 26150 – 26250. Silver between 52000 – 53500. Copper between 367 – 372. Nickel between 910 – 920. Lead 98.5 – 99.5. Zinc around 94 – 95 . Crudeoil 4000-4130

WEDNESDAY 10.30 AM IST Gold and Silver Trading highly volatile . Gold between Rs 26000 to 26600 More weak if breaks and hold 26000 Silver closing levels seen between Rs 51000 to 53000 Weak if sustains below Rs 51000 for next move

TUESDAY 7.45 PM IST CB Consumer Confidence Act 45.4 , Forecast 46.2 , Prev 45.2 , Data negative to USD and positive to Bullions

TUESDAY 12.45 PM IST Nifty short covering expected . Traders are advised not to remain short

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