COMMODITY CALLS ON APRIL 16, 2010 (FRIDAY)

THOUGHT FOR THE DAY

" To become an able and successful person, in any profession,three things are necessary - Nature, Study and Practice.Good Morning."

1. (11:08) : ALERT - ZINC has given a FRESH BREAKOUT yesterday, Now it could 111.30 and 115.10 in coming days. Supports are 106 and 104.30. CMP - 109.50. Buy range 108.50.
2. (11:25) : Small Risk call - BUY NATURAL GAS between 178.30 - 178.60. TGT - 180.80 / 182.10. STOLOSS 176.80. CMP - 179.
3. (11:34) : ALERT - We are expecting that COPPER will show some real BULL RUN from 350.50 level. So take risk and buy for the levels of 354.10 / 356. SL 347.50.
4. (12:50) : BUY SILVER at CMP - 27767. STOPLOSS and TGTs will be initiated later.
5. (12:57) : BUY LEAD between 103.80 - 104. TGT above 105.10. STOPLOSS 102.90. Risky players can buy at CMP also - 104.20.
6. (01:28) : ALERT - Revised TGT of LEAD is at 104.50 / 105.10 and above. Call was activated at 104.
7. (01:43) : ALERT - SILVER BUY CALL given at 27765. Now 27810. TGTs are 27821 / 27898. STOPLOSS 27721.
8. (01:44) : ALERT - 1st TGT completed in LEAD BUY CALL at 104.50.
9. (01:49) : ALERT - ZINC made a HIGH of 111.85. We alert you in morning only about ZINC fresh BREAK OUT.
10. (02:07) : ALERT - SILVER 1 st TGT completed at 27821.
11. (02:49) : ALERT - Those who are not having POSITION in COPPER can still take LONG position at CMP - 352.60.
12. (02:49) : Copper Looking very STRONG for TODAY. So buy some at CMP- 352.70 and more on DIPS. STOPLOSS 348.10. TGT 355.20 and above.
13. (02:57) : ALERT - 2nd TGT completed in LEAD BUY CALL at 105.10.
14. (05:31) : ALERT - GOLD is RANGE BOUND between 16775 and 16864. TREND will be clear once this RANGE will be BREACHED.
15. (05:35) : ALERT - SILVER Supports are 27655 / 27508. Till the time SILVER remains above 27508 TREND will remain FLAT to POSITIVE.
16. (06:09) : Sell GOLD between 16780 - 16795. STOPLOSS 16813. TGT 16743 / 16719.CMP - 16770.
17. (06:12) : Sell SILVER at CMP - 27750. TGT 27678 / 27601. STOLOSS 27820 .
18. (06:15) : Sell NICKEL at CMP - 1212. STOPLOSS 1217. TGT 1205.20 / 1197.40.
19. (06:27) : ALERT - Silver 1 st TGT completed at 27678.
20. (06:28) : ALERT - 1st TGT done in GOLD at 16743.
21. (06:29) : ALERT - PLEASE EXIT COPPER BUY CALL. at 350. Wait for a FRESH CALL.
22. (06:32) : ALERT - GOLD 2nd TGT completed at 16719.
23. (06:36) : ALERT - SILVER 2nd TGT completed at 27601.
24. (06:39) : ALERT - 1st TGT almost completed in NICKEL at 1205.50. Sell call given at 1212.
25. (06:45) : ALERT - Now COPPER can touch 347 level on a DOWNSIDE. So sell around 350.30. STOPLOSS 351.80. CMP -349.50.