NOW AT 4678 IN OUR RECC SELL CRUDE OIL MAY

NOW AT 4678 IN OUR RECC SELL CRUDE OIL MAY MCX AROUND 4692 SL 4730 TGTS 4674, 4656, 4638, 4620, 4602, 4593, 4575, 4557

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SELL GOLD JUN MCX AROUND 11442

SELL GOLD JUN MCX AROUND 11442 SL 11489 TGTS 11415, 11397, 11370, 11352, 11325, 11298, 11262, 11226, 11199

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SELL SILVER MAY MCX BELOW 22195

SELL SILVER MAY MCX BELOW 22195 SL 22338 TGTS 22098, 21999, 21891, 21828, 21729, 21531, 21409

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SELL CRUDE OIL MAY MCX AROUND 4692

SELL CRUDE OIL MAY MCX AROUND 4692 SL 4730 TGTS 4674, 4656, 4638, 4620, 4602, 4593, 4575, 4557

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NOW AT 3138 IN OUR RECC SELL TURMERIC JUN NCDEX

NOW AT 3138 IN OUR RECC SELL TURMERIC JUN NCDEX AROUND 3239 MOD SL 3176 TGTS 3207, 3194, 3176, 3167, 3149, 3122, 3103, 3097Visit daily www.northpolemcxncdex.blogspot.com

BUY SILVER JUL MCX AROUND 22206 SL 22069 TGTS 22314, 22395, 22485

BUY SILVER JUL MCX AROUND 22206 SL 22069 TGTS 22314, 22395, 22485

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ALL TGTS ACHIEVED IN OUR RECC SELL GOLD JUN MCX

ALL TGTS ACHIEVED- BOOK MAX PROFITS NOW AT 11405 IN OUR RECC SELL GOLD JUN MCX BELOW 11509 MOD SL 11524 TGTS 11491, 11473, 11455, 11437


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BOOK PARTIAL PROFITS IN RECC SELL SILVER MAY MCX

BOOK PARTIAL PROFITS NOW AT 22030 IN OUR RECC SELL SILVER MAY MCX BELOW 22156 MOD SL 22197 TGTS 22057, 21985, 21880, 21823


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OUR RECC BUY CRUDE OIL MAY MCX

NOW AT 4749 IN OUR RECC BUY CRUDE OIL MAY MCX AROUND 4714-23 SL 4689 TGTS 4741, 4759, 4777, 4795, 4804, 4813

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OUR RECC BUY SILVER MAY MCX

NOW AT 22200 IN OUR RECC BUY SILVER MAY MCX AT 22150 SL 21950 TGTS 22240, 22330, 22438, 22537, 22672, 22762, 22861, 22960, 23050

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NOW AT 11012 IN OUR RECC SELL JEERA JUL NCDEX AT 11208

NOW AT 11012 IN OUR RECC SELL JEERA JUL NCDEX AT 11208 SL 11280 TGTS 11143, 11063, 11000, 10955, 10906, 10852, 10780, 10717, 10663, 10600, 10546, 10492, 10423

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T3 ALMOST ACHIEVED- BOOK 40% PROFITS NOW AT 14336 IN OUR RECC SELL PEPPER JUN NCDEX

T3 ALMOST ACHIEVED- BOOK 40% PROFITS NOW AT 14336 IN OUR RECC SELL PEPPER JUN NCDEX AROUND 14636 MOD SL 14720 TGTS 14501, 14420, 14335, 14245, 14150, 14065

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NOW AT 14365 IN OUR RECC SELL PEPPER JUN NCDEX AROUND 14636

NOW AT 14365 IN OUR RECC SELL PEPPER JUN NCDEX AROUND 14636 MOD SL 14720 TGTS 14501, 14420, 14335, 14245, 14150, 14065

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T2 ACHIEVED- BOOK PARTIAL PROFITS NOW AT 14416 IN OUR RECC SELL PEPPER JUN NCDEX

T2 ACHIEVED- BOOK PARTIAL PROFITS NOW AT 14416 IN OUR RECC SELL PEPPER JUN NCDEX AROUND 14636 SL 14835 TGTS 14501, 14420, 14335, 14245, 14150, 14065

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NOW AT 14435 IN OUR RECC SELL PEPPER

NOW AT 14435 IN OUR RECC SELL PEPPER JUN NCDEX AROUND 14636 SL 14835 TGTS 14501, 14420, 14335, 14245, 14150, 14065

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LOW RISK TRADERS BUY GOLD TRADE AT DIPS TO 11572

LOW RISK TRADERS ADVISED TO RE-ENTER BUY GOLD TRADE AT DIPS TO 11572 & HOLD WITH SL 11525Visit daily www.northpolemcxncdex.blogspot.com

BOOK PARTIAL PROFITS NOW AT 22387 IN OUR RECC BUY SILVER MAY

BOOK PARTIAL PROFITS NOW AT 22387 IN OUR RECC BUY SILVER MAY MCX AT 22240-85 MOD SL 22180 TGTS 22363, 22453, 22556, 22678, 22763, 22813, 22916, 23011, 23105, 23213

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BUY SILVER MAY MCX AGAIN AT DIPS TO 22240-85 & HOLD WITH GIVEN SL

BUY SILVER MAY MCX AGAIN AT DIPS TO 22240-85 & HOLD WITH GIVEN SL

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BUY JEERA JUL

BUY JEERA JUL NCDEX AROUND 11153-80 SL 11030 TGTS 11261, 11315

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OUR RECC BUY SILVER MAY

BOOK PARTIAL PROFITS NOW AT 22410 IN OUR RECC BUY SILVER MAY MCX AT 22252 MOD SL 22180 TGTS 22363, 22453, 22556, 22678, 22763, 22813, 22916, 23011, 23105, 23213



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HIGH RISK- BUY CRUDE OIL MAY MCX AROUND 4741-50 SL 4720 TGTS 4777, 4795

HIGH RISK- BUY CRUDE OIL MAY MCX AROUND 4741-50 SL 4720 TGTS 4777, 4795, 4804, 4813

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HIGH RISK- BUY ZINC APR MCX AROUND 91.15 SL 90.35 TGTS 92.05, 92.95, 93.85, 94.30

HIGH RISK- BUY ZINC APR MCX AROUND 91.15 SL 90.35 TGTS 92.05, 92.95, 93.85, 94.30

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OUR RECC BUY CRUDE OIL MAY MCX

NOW AT 4770 IN OUR RECC BUY CRUDE OIL MAY MCX AROUND 4741-50 SL 4720 TGTS 4777, 4795 4804, 4813

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OUR RECC SELL GOLD JUN MCX AT 11749 SL 11788 TGTS 11713,

NOW AT 11705 IN OUR RECC SELL GOLD JUN MCX AT 11749 SL 11788
TGTS 11713, 11686, 11668, 11650, 11623, 11605, 11587

OUR RECC SELL SILVER MAY MCX AROUND 22711 SL 22920 TGTS 22639,

NOW AT 22535 IN OUR RECC SELL SILVER MAY MCX AROUND 22711 SL 22920 TGTS 22639, 22558, 22477, 22351, 22270, 22180, 22090

ACHIEVED- BOOK PARTIAL PROFITS OUR RECC SELL GOLD JUN MCX

T1 ACHIEVED- BOOK PARTIAL PROFITS NOW AT 11710 IN OUR RECC SELL GOLD JUN MCX AT 11749 SL 11788 TGTS 11713, 11686, 11668, 11650, 11623, 11605, 11587

GOLD AGIN DOWN FROM SHARP RISES TO 11750

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BOOK PARTIAL PROFITS -OUR RECC SELL SILVER MAY MCX

T2 ACHIEVED- BOOK PARTIAL PROFITS NOW AT 22555 IN OUR RECC SELL SILVER MAY MCX AROUND 22711 SL 22920 TGTS 22639, 22558, 22477, 22351, 22270, 22180, 22090

BOOK PARTIAL PROFITS -OUR RECC SELL SILVER MAY MCX

T2 ACHIEVED- BOOK PARTIAL PROFITS NOW AT 22555 IN OUR RECC SELL SILVER MAY MCX AROUND 22711 SL 22920 TGTS 22639, 22558, 22477, 22351, 22270, 22180, 22090

News ...

Interest-rate derivatives are signaling that the rate banks charge for loans in dollars in London may rise further as financial institutions remain reluctant to lend. Given the dynamics that have persisted in the past few weeks, it looks like there could be a little bit more room for an increase in Libor- Three-month Libor for dollars has advanced 20 basis points to 2.92% since April 16.

NOW AT 22574 IN OUR RECC SELL SILVER MAY MCX AROUND 22711 SL 22920 TGTS 22639, 22558, 22477, 22351, 22270, 22180, 22090

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BOOK PARTIAL PROFITS SELL GOLD JUN MCX

BOOK PARTIAL PROFITS NOW AT 11727 IN OUR RECC SELL GOLD JUN MCX AT 11749 SL 11788 TGTS 11713, 11686, 11668, 11650, 11623, 11605, 11587 ( RE-ENTER AT RISES OR MORE BELOW 11721)

News....

UBS, which accumulated about $38 billion in writedowns over three quarters, said in a report this week that senior management at the investment bank didn't recognize the severity of its subprime problems until late July, when holdings could no longer be reduced or hedged at acceptable prices.

-VE EURO NEWS AS EXPECTED YESTERDAY-

-VE EURO NEWS AS EXPECTED YESTERDAY- Credit Suisse Group, Switzerland's second-biggest bank, reported its first quarterly loss in almost five years on writedowns linked to deteriorating credit markets and securities that had been intentionally mispriced. The net loss was 2.15 billion Swiss francs ($2.1 billion), compared with a 2.73 billion-franc profit a year earlier.

OUR RECC SELL SILVER MAY MCX

NOW AT 22587 IN OUR RECC SELL SILVER MAY MCX AROUND 22711 SL 22920
TGTS 22639, 22558, 22477, 22351, 22270, 22180, 22090

TGTS ACHIEVED-OUR RECC BUY JEERA JUL NCDEX

ALL TGTS ACHIEVED- BOOK MAX PROFITS NOW AT 9686 IN OUR RECC BUY JEERA JUL NCDEX AROUND 9355 MOD SL 9450 TGTS 9409, 9463, 9508, 9563, 9607, 9670

IN OUR RECC SELL GOLD JUN MCX BELOW 11865 SL 11905 TGTS 11848

NOW AT 11838 IN OUR RECC SELL GOLD JUN MCX BELOW 11865 SL 11905 TGTS 11848, 11831, 11813, 11794, 11776, 11758, 11740

BOOK PARTIAL PROFITS NOW AT 22951 IN OUR RECC SELL SILVER MAY MCX

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BOOK PARTIAL PROFITS NOW AT 22951 IN OUR RECC SELL SILVER MAY MCX

BOOK PARTIAL PROFITS NOW AT 22951 IN OUR RECC SELL SILVER MAY MCX AROUND 23098 SL 23198 TGTS 22990, 22881, 22783, 22675, 22594, 22477, 22351

BOOK PARTIAL PROFITS NOW AT 11847 IN OUR RECC SELL GOLD JUN MCX

T1 ACHIEVED- BOOK PARTIAL PROFITS NOW AT 11847 IN OUR RECC SELL GOLD JUN MCX BELOW 11865 SL 11905 TGTS 11848, 11831, 11813, 11794, 11776, 11758, 11740

Buy Pepper June Above 14510 SL Below 14400 tgt 14790

Buy Pepper June Above 14510 SL Below 14400 tgt 14790

Buy Soybena Above 2176 Sl Below 2166 tgt 2188 and 2205

Visit daily www.northpolemcxncdex.blogspot.com

Buy RMSEED @ CMP. Target 541,544. S: 533

Buy RMSEED @ CMP. Target 541,544. S: 533

Buy Refined soya oil @ CMp -- Target 568,571. SL 563

Buy Refined soya oil @ CMp --
Target 568,571. SL 563

IN OUR RECC SELL CRUDE OIL MAY MCX -T2 ACHIEVED-BOOK 50% PROFITS

T2 ACHIEVED-BOOK 50% PROFITS NOW AT 4675 IN OUR RECC SELL CRUDE OIL MAY MCX AROUND 4720 MOD SL 4730 TGTS 4693, 4675, 4657

+EURO NEWS- Growth in European service industries ...

+EURO NEWS- Growth in European service industries from airlines to financial services unexpectedly accelerated in April, lending weight to the ECB threat to raise interest rates. Royal Bank of Scotland said a preliminary estimate of services index rose to 51.8 from 51.6. ECB may to raise interest rates to rein in inflation, which accelerated to 3.6% last month, the fastest pace in almost 16 yrs

T1 ALMOST ACHIEVED- BOOK PARTIAL PROFITS NOW AT 89 IN OUR RECC SELL ZINC APR MCX

T1 ALMOST ACHIEVED- BOOK PARTIAL PROFITS NOW AT 89 IN OUR RECC SELL ZINC APR MCX AROUND 90.40 SL 91.30 TGTS 88.95, 88.05, 87.25, 86.35, 85.90

IN OUR RECC SELL LEAD APR MCX AROUND 112.95 MOD SL 113.85 TGTS 111.55

NOW AT 110.90 IN OUR RECC SELL LEAD APR MCX AROUND 112.95 MOD SL 113.85 TGTS 111.55, 111.10, 110.20, 109.75, 108.85, 107.95, 107.05

OUR RECC SELL GOLD JUN MCX BELOW 11865 SL 11905 TGTS 11848

NOW AT 11850 IN OUR RECC SELL GOLD JUN MCX BELOW 11865 SL 11905 TGTS 11848, 11831, 11813, 11794, 11776, 11758, 11740

BOOK PARTIAL PROFITS NOW AT 111.05 IN OUR RECC SELL LEAD APR MCX AROUND 112.95

T2 ACHIEVED- BOOK PARTIAL PROFITS NOW AT 111.05 IN OUR RECC SELL LEAD APR MCX AROUND 112.95 MOD SL 113.85 TGTS 111.55, 111.10, 110.20, 109.75, 108.85, 107.95, 107.05

OUR RECC SELL LEAD APR MCX AROUND 112.95 SL 114.30 TGTS 111.55

NOW AT 111.25 IN OUR RECC SELL LEAD APR MCX
AROUND 112.95 SL 114.30
TGTS 111.55, 111.10, 110.20, 109.75, 108.85, 107.95, 107.05

BULLIONS YET NOT SUSTAINING AT BELOW SHORT SELL ENTRY RATES

BULLIONS YET NOT SUSTAINING AT BELOW SHORT SELL ENTRY RATES & BOUNCING BACK UPSIDE & NEITHER STABLE AT HIGHER RATES ALSO. BE VERY CAUTIOUS.

SELL ZINC APR MCX AROUND 90.40 SL 91.30 TGTS 88.95

NOW AT 89.10 IN OUR RECC
SELL ZINC APR MCX AROUND 90.40 SL 91.30
TGTS 88.95, 88.05, 87.25, 86.35, 85.90

OUR RECC SELL CRUDE OIL MAY MCX AROUND 4720 MOD SL 4730 TGTS 4693

NOW AT 4686 IN OUR RECC SELL CRUDE OIL MAY MCX
AROUND 4720 MOD SL 4730 TGTS 4693, 4675, 4657

EURO AGAIN DOWN TO 1.5960 FROM 1.5996

EURO AGAIN DOWN TO 1.5960 FROM 1.5996 AS FORECASTED- UNSTABILITY WILL PREVAIL. THERE CAN BE FURTHER DIPS & RISES. BE EXTREMELY CAUTIOUS IN BULLIONS- IT WILL BE SAFER TO AVOID BULLION TRADE TILL EURO STABILISES IN EITHER DIRECTIONS- A LOT OF -VE REPORTS IN EUROZONE REPORTED.

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BOOK PARTIAL PROFITS NOW AT 1161 IN OUR RECC BUY NICKEL APR MCX

T2 ACHIEVED- BOOK PARTIAL PROFITS NOW AT 1161
IN OUR RECC BUY NICKEL APR MCX AROUND 1138 MOD
SL 1125 TGTS 1151.50, 1160.50, 1174, 1183, 1192, 1201

MORE -ve EURO NEWS- German financial regulator ...

MORE -ve EURO NEWS- German financial regulator BaFin asked prosecutors in Frankfurt to investigate possible insider trading of shares in IKB Deutsche Industriebank AG, the German bank that nearly collapsed from U.S. subprime investments. An examination by BaFin showed evidence of insider trading and the regulator handed over the findings to the prosecutors office.

BUY GOLD JUN MCX AT 11908-17 SL 11865 TGTS 11930

NOW AT 11927 IN OUR RECC BUY GOLD JUN MCX AT 11908-17 SL 11865 TGTS 11930, 11948, 11965, 11974, 11992, 12010, 12028

OUR RECC BUY SILVER MAY MCX AT 23166 SL 23000 TGTS 23260

NOW AT 23279 IN OUR RECC BUY SILVER MAY MCX AT 23166 SL 23000 TGTS 23260, 23350, 23485, 23575, 23647

BOOK PARTIAL PROFITS NOW AT 23259 IN OUR RECC BUY SILVER MAY

BOOK PARTIAL PROFITS NOW AT 23259 IN OUR RECC
BUY SILVER MAY MCX AT 23166 SL 23000 TGTS 23260, 23350, 23485, 23575, 23647

BULLIONS MAY AGAIN SEE DIPS ...

BULLIONS MAY AGAIN SEE DIPS & KEEP MOVING IN A HIGHLY RANGEBOUND WAY WITH SWIFT RISES & DIPS. AVOID ANY MAJOR TRADE IN BULLIONS TILL STABILITY IN CURRENCY RETURNS.

BUY GOLD JUN MCX AT 11908-17 SL 11865 TGTS 11930

BUY GOLD JUN MCX AT 11908-17 SL 11865
TGTS 11930, 11948, 11965, 11974, 11992, 12010, 12028

BUY SILVER MAY MCX AT 23166 SL 23000 23260

NOW AT 23238 IN OUR RECC
BUY SILVER MAY MCX AT 23166
SL 23000 23260, 23350, 23485, 23575, 23647

News ...

EURO WILL REMAIN UNSTABLE AT ABOVE 1.5900 LEVELS- HAS DIPPED FROM 1.5995 LEVELS TO 1.5940 & NOW AGAIN RISING. CAN AGAIN DIP- WILL REGAIN STABILITY ONLY ON SUSTAINING ABOVE 1.6000 LEVELS WHERE IT HAS ONLY REACHED FOR A MOMENT & SLIPPED BACK YESTERDAY. AVOID ANY MAJOR BULLIONS TRADE TILL THEN. LOW VOL TRADE ONLY RECOMMENDED.

HIGH RISK- BUY SILVER MAY MCX AT 23166 SL 23000 23260, 23350, 23485, 23575, 23647

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EXIT SILVER POSITIONS- ENTER SHORT TRADE IN GOLD ONLY WHEN SUSTAINS BELOW 11865-60

EXIT SILVER POSITIONS- ENTER SHORT TRADE IN GOLD ONLY WHEN SUSTAINS BELOW 11865-60 NOW OR BUY POSITIONS ONLY ABOVE 11917

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SELL CRUDE OIL MAY MCX AROUND 4720

NOW AT 4689 IN OUR RECC
SELL CRUDE OIL MAY MCX AROUND 4720 MOD
SL 4730 TGTS 4693, 4675, 4657



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GOLD HAS DIPPED BELOW 11865

GOLD HAS DIPPED BELOW 11865 IN A SWIFT SPIKE TRADE ONLY-
SELLING ONLY ON SUSTAINING BELOW 11865
IS RECOMMENDED AS BULLIONS TRADE IS HIGHLY VOLATILE
& RISKY CURRENTLY.






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SELL TURMERIC JUN NCDEX AROUND 3352

AT LOWER CIRCUIT NOW AT 3250 IN
OUR RECC SELL TURMERIC JUN NCDEX AROUND 3352
MOD SL 3308 TGTS 3316, 3298, 3289, 3262, 3244, 3226

News...

Rice has more than doubled in the past year, putting pressure on Thailand to follow its Asian neighbors in curtailing exports. That would spur prices higher still because the nation accounts for about one-third of global rice exports.

News...

World Bank officials are concerned that pressure is growing in Thailand, the world's largest rice exporter, to restrict the nation's exports of the staple and worsen a global food crisis. The Washington-based lender's unease stems from limits on shipments by India and Vietnam that have contributed to a surge in rice prices.

SELL SILVER MAY MCX AROUND 23098-TGTS 22990

SELL SILVER MAY MCX AROUND 23098 SL 23166
TGTS 22990, 22881, 22783, 22675, 22594, 22477, 22351

SELL GOLD JUN MCX BELOW 11865 SL 11899 TGTS 11848

HIGH RISK-

SELL GOLD JUN MCX BELOW 11865
SL 11899
TGTS 11848, 11831, 11813, 11794,
11776, 11758, 11740

SELL CRUDE OIL MAY -T1 ACHIEVED- BOOK PARTIAL PROFITS -

T1 ACHIEVED- BOOK PARTIAL PROFITS
NOW AT 4692 IN OUR RECC SELL CRUDE OIL MAY MCX
AROUND 4720 MOD SL 4730 TGTS 4693, 4675, 4657

HIGH RISK- BUY CHANA JUN NCDEX

HIGH RISK- BUY CHANA JUN NCDEX
AROUND 2641-50 SL 2608 TGTS 2668, 2686, 2704, 2713

23 April 2008

BUY LEAD APR MCX AROUND 111.55 -TGTS 112.90 and plus

NOW AT 113.10 IN OUR RECC
BUY LEAD APR MCX AROUND 111.55 MOD SL 111.80
TGTS 112.90, 113.80, 114.70, 115.15, 115.60

LME BASE METAL INVENTORY LME Warehouse Stock :

LME BASE METAL INVENTORY LME Warehouse Stock :
Aluminium -1025MT,Copper +0MT,Nickel +228MT, Lead -200MT, Tin -205MT,Zinc -900MT.

OUR RECC BUY ZINC AROUND 88.60-89.05 -BOOK SMALL PROFITS NOW AT 89.90

BOOK SMALL PROFITS NOW AT 89.90 IN OUR RECC BUY ZINC AROUND 88.60-89.05 MOD SL 88.50 TGTS 89.95, 90.85, 91.75, 92.20

OUR RECC BUY SILVER - T2 ACHIEVED-BOOK 45% PROFITS T2 ALMOST ACHIEVED-NOW AT 23077

T2 ACHIEVED-BOOK 45% PROFITS T2 ALMOST ACHIEVED-NOW AT 23077 IN OUR RECC BUY SILVER MAY MCX AROUND 22900 MOD SL 22815 TGTS 22999, 23080, 23170, 23260, 23350, 23485, 23575, 23647

MCX EXCHANGE HAS IMPOSED A TENDER PERIOD MARGIN OF 25% ON KAPAS

MCX EXCHANGE HAS IMPOSED A TENDER PERIOD MARGIN OF 25% ON KAPAS CONTRACT EXPIRING 30 APRIL 2008. CLIENTS HAVING OPEN POSITIONS IN KAPAS CONTRACTS ARE REQUESTED TO COMPLY MARGIN AS PER EXCHANGE

T2 ALMOST ACHIEVED-NOW AT 23077 IN OUR RECC BUY SILVER MAY MCX AROUND 22900

T2 ALMOST ACHIEVED-NOW AT 23077 IN OUR RECC
BUY SILVER MAY MCX AROUND 22900 MOD SL 22815
TGTS 22999, 23080, 23170, 23260, 23350, 23485, 23575, 23647

BOOK 50% PROFITS NOW AT 349 IN OUR RECC BUY COPPER

BOOK 50% PROFITS NOW AT 349 IN OUR RECC
BUY COPPER APR MCX AROUND 344.20 MOD SL 344
TGTS 346, 348.25, 350.05, 352.30

BUY SILVER MAY MCX AROUND 22900-27 SL 22750 TGTS 22999, 23080, 23170, 23260, 23350, 23485, 23575, 23647

BUY GOLD JUN MCX AROUND 11884-93 SL 11835 TGTS 11920, 11938, 11956, 11974, 11992, 12010, 12028

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