Thursday, December 17, 2009

Calls on December 17. 2009

  1. POSITIONAL CALL UPDATE - Yesterday we said to BUY COPPER on DIPS, Today it made a LOW of 327.30. Positional TGT 341 and above. STOPLOSS 322. CMP - 328.30
  2. COPPER can go furthur down till 325.25 today. So buying can be made at this level as well.
  3. Technically REF. SOYOIL has made it LOW of this MONTH i.e 465 and overall TREND is UP. We could see 510 and above levels on UPSIDE this month only. CMP - 493
  4. (3.59): SELL ZINC between 110.95 - 111.05. SL 111.65. TGT 110.30 / 109.80 / 109.55.
  5. (4.45) NATURAL GAS inventory is EXPECTED same as LAST week. TODAY's level for NG are 264.80 on UPSIDE and 248.20 on DOWNSIDE. Trend is UP.
  6. (4.56) BEST BUY in CRUDE OIL if it comes between 3347 - 3355. STOPLOSS 3337. TGT 3393 / 3409.
  7. (5.02): Exit from our ZINC SELL call at your Cost price and wait for the fresh call. CMP - 111.15
  8. (6.26): NATURAL GAS made the high of 261.80. We said TREND is bullish at 259 for the upside TGT 264 and above. Maintain Buy Position.
  9. (6.56): We said in the morning that COPPER could see the level of 325.25 today. It made the low of 324.25
  10. (7.58): First TGT completed in CRUDE OIL buy at 3393.
  11. (8.44) If GOLD STAYS above 17115 for some time than TGT would be 17208. STOPLOSS 17051. MAINTAIN strict SL. BUY only above 17115.
  12. (9.00): NATURAL GAS made the HIGH of 275.30. TGT completed.
  13. (9.13) SELL CRUDE OIL if it remains below 3368. TGT 3345. SELL only if it remains below 3368. STOPLOSS 3399.
  14. (9.22): We were regularly saying that NATURAL GAS is very BULLISH. It has to reach 270 - 275 level this month. Today it completed our Target.
  15. (10.21) Sell ALUMINIUM with STOPLOS of 104.10. TGT 102.50 / 101.60. CMP - 103.40
  16. INFORMATION: US jobless claims rise to 480,000. It was expected to be 465,000. This is the reason for the downfall of the commodity market.


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