COMMODITY CALLS ON MAY 06, 2010 (THURSDAY)

Thought for the Day

 " Choosing to be positive and having a grateful attitude is going to determine how you're going to live your life - Have a great day ahead. "

1. (11:34) : ALERT - Yesterday we said that Copper has good support at around 305. Yesterday made a low of 301.50. Today trading at 317.
2. (11:38) : Pay Attention - Gold has resistance around 17430 - 17440. If Gold remain above 17450 for sometime than we are expecting 70 point upsward move.
3. (11:47) : ALERT - Copper has resistance around 319 - 320. So our recommendation is to sell around these level. Stoploss 322. TGT will be initiated later.CMP - 316.60.
4. (11:49) : Sell Lead at CMP - 88.90. STOPLOSS 89.10. TGT 88.30 / 87.80.
5. (11:58) : Correction MSG - Lead STOPLOSS is 89.50 not 89.10. Thanks.
6. (12:26) : Target Alert - Lead 1st Target completed at 88.30. Sell call initiated at 88.90. Please check. Thanks.
7. (12:27) : Risky Player sell Copper at CM - 315.40. Stoploss 317.60. Target - 313.90 / 311.70.
8. (12:29) : Target Alert - Lead 2nd Target completed at 87.80. Sell call given at 89.90. Profit of Rs. 5000 and above.
9. (12:33) : Pay Attention - Nickel on ultimate downtrend. Now Support around 924.
10. (12:34) : Sell Silver at CMP - 27165. Stoploss 27400. TGT will be initiated later on.
11. (12:40) : Target Alert - Gold has almost completed its Target of 70 point upmove. Buy given at 17340. Made a High of 17395.
12. (12:52) : Risky Call - Sell Mentha Oil at CMP - 675. Stoploss 684. Target - 670 / 666.
13. (01:11) : Exit Alert - Please Exit Mentha Oil sell Call at 675. Thanks.
14. (01:22) : Buy Crude Oil between 3605 - 3612. Stoploss 3596. Target 3637/ 2649. CMP - 3621.
15. (01:26) : Exit Alert - Please Exit Silver ( CMP - 27290) Sell call at 27250 only. Book Loss and come out. Wait for a fresh call. Thanks.
16. (01:28) : Pay Attention - Gold on Fire. Completed all Targets. Please Check. Thanks.
17. (01:46) : PAY ATTENTION - Lead is still in Downtrend which may continue till the level of 82. Resistance around 93. This is just an alert signal. Thanks.
18. (01:56) : PAY ATTENTION - Copper monthly view that DOWNTREND could continue till the level of 279. Resistance around 332. Keep your Positional view negative.
19. (02:12) : Target Alert - Please Book Partial Profit in Crude Oil at 3626. Buy call initiated at 3606. Rest can wait for more higher Targets. Profit Rs. 2000 and above.
20. (04:15) : Target Alert -1st Target completed in Crude Oil Buy call at 3638.
21. (04:47) : SILVER ALERT - We are expecting some good downside in SILVER from the level of 27650. So Sell Silver around it and STOP is 27860. Only small quantity.
22. (05:04) : Support and Resistance Alert - Now Crude Oil has monthly Supports are at 3509 / 3413 and Resistance are at 3653 / 3737.
23. (05:30) : Target Alert - book Partial Profit in Copper at 315.50. Sell given at 319 and above. Please check. Thanks.
24. (07:36) : Pay Attention - Copper Intraday Resistance is at 317.40. If it closes above than we could touch 323. So risky Player Buy at CMP - 316.70.Stop - 312.75. Small Quantity.
25. (07:42) : Buy Silver between 27430 - 27450. Stop - 27133. Target - 27744 till tomorrow.CMP - 27520. Only in small quantity.
26. (07:57) : Target Alert - Natural Gas hits the HIGH of 185. All Targets Hits. Enjoy Huge Profits.
27. (08:08) : Commodity Alert: Natural Gas Storage Actual +83B, Forecast +79B. Data is Neutral for Natural Gas.
28. (08:17) : Exit Alert - Exit Copper Buy call.wait for a Fresh Call. Thanks.