COMMODITY CALLS ON MAY 04, 2010 (TUESDAY)

THOUGHT FOR THE DAY

" Think of mistakes as jewels; then you will have a box of treasure.Good Morning,Team Profit king wishes you a great day. "

1. (10:35) : Sell CRUDE OIL between 3835 - 3840. STOPLOSS 3850. TGT 3808. CMP - 3830.
2. (10:42) : Buy Copper at CMP - 326.70 and small quantity and more on Dips. STOPLOSS 323.60. TGT will be initiated later.
3. (10:50) : CPO ALERT - 1st TGT done at 368. NOw its has important Supportat 362 and Trend is neutral to bulllish. So buying on dips is reccomemded.
4. (10:55) : Monthly Alert -Nickel monthly Support at 1080.70. Long term Trend is bullish. So any dip below 1100 could be a buying level with the 1080 as a stoploss.
5. (11:23) : Buy NICKEL between 1162 - 1165. STOPLOSS 1155. TGT 1180 / 1196. Risky Players can Buy at CMP also - 1168.40.
6. (11:33) : Any Intraday Dip in Natuarl Gas is advisable to Buy with strict STOPLOSS of 173.20. TGTs are 180.10 / 182.60 / 185.30 in two to three days time frame.
7. (11:37) : Copper TGT Alert - Copper TGT are 328.10 / 330.60.
8. (01:56) : ALERT - Book Partial Profit in NICKEL at 1176. Buy call given at 1162.
9. (02:28) : ALERT - Conservative players can book partial profit in crude at CMP - 3816.
10. (02:44) : ALERT - Target completed in Crude Oil at 3808.Call initiated in the range of 3835-3840.
11. (03:17) : STOPLOSS ALERT - Stoploss triggered in Copper buy call.
12. (3.46) Sell Nickel between 1152 - 1155. STOPLOSS 1180. TGT 1138. CMP - 1149.
13. (04:23) Sell Copper at CMP - 323. STOPLOSS and TGT will be initiated later.
14. (05:17) : ALERT - Book partial Profit in COPPER sell call at 321.60.
15. (05:20) : Alert - Book Partial Profit in Nickel at 1140. And wait for some more downside.
16. (06:38) : Alert - Book Full profit in COPPER at 220.80. Sell given at 223.
17. (06:40) : ALERT - 1st TGT completed in Natural Gas 180.10.
18. (06:41) : Risky Players can Sell Crude Oil again at CMP - 3781. Stoploss 3798. TGT 3760 / 3746. Only in small quantity.
19. (06:56) : Alert - 1st TGT completed in Natural Gas buy call at 180.10.
20. (07:04) : ALERT - Crude Oil 1st TGT completed at 3760.