COMMODITY TIPS OF JANUARY 4, 2009 (MONDAY)

1.   WEEKLY CALLS:
             (A) RM Seed - TARGET 623 (confirm). CMP - 615.
             (B) REFINED SOYAOIL - TARGET 496, CMP - 487. SUPPORT  - 482.
            (C) CPO - TARGET 376. CMP - 369. SUPPORT - 349
2.  Geopolitical tension, Inventory decline, cold weather and strong macro data firmed oil price in the last week of 2009 and paved the way for a good start in 2010.
3.  (10.04) : LEAD is looking strong in BASE METAL, so any dip will be a good chance to BUY for the weekly TARGET of  117 - 118. Supports are 111 / 109.15
4. (2.59) : GOLD TARGET is above $1121. CMP - $1112. STOPLOSS $1102.
5. (3.05) : CONSERVATIVE PLAYERS book PROFIT in LEAD Buy call at 115.40. Rest can wait for the WEEKLY TARGET.
6. (6.26) : GOLD SUPPPORTS are 16769 / 16747 / 16725. So buying is recommended on these levels. TREND IS UP.
7. (6.42) : BUY SILVER between 26847 - 26824. STOPLOSS 26787. TARGET 26987 / 27043 / 27101. RISKY PLAYERS buy at CMP - 26892
8. WEEKLY TECHNICAL VIEW - CRUDE OIL IS LOOKING Very STRONG as We said earlier also for the FINAL TGT of 3918.SUPPORT are 3720/3677/3656. So wait for RIGHT time to BUYCRUDE OIL. Any CORRECTION will be a GOOD opportunity to BUY.
9. (7.30) FROM LAST 1 month ALUMINIUM is in range of 106 – 103.15. Breaking of an these LEVELS on UP for DOWNSIDE will sure shot give 2.70 points move. Keep watch
10. (7.40) GOLD TGT completed at $1121. Buy call was initated at $112.
11. (7.40) TGT complete call – SECOND TGT completed in SILVER at 27045. Buy call was initated at 26892.
12. (7.41) CRUDE OIL will face some RESISTANCE around but once it will cross 3800 level and MANAGE to give CLOSE above 3800, our FINAL TGT of 3918 will be sureshot.
13. (7.49) TGT COMPLETE CALL: THIRD TGT completed in SILVER at 27101. Buy call was initated at 26892. Please book your PROFITS.


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