COMMODITY CALLS ON MAY 11, 2010 (TUESDAY)

THOUGHT FOR THE DAY

"Past mistakes and failures are like stern and compelling schoolteachers, pushing you to work even harder for great scholarship and success.Good Morning."

1. (10:17) : Sell COPPER between 319.20-319.50,stoploss - 322,targets - 317/315.90.CMP - 318.85.
2. (10:35) : ALERT - ZINC can touch the levels of 93.90/92.90,so risky players can sell on rise till 95 with a stoploss of 95.80.
3. (11:07) : Sell CRUDE OIL between 3455-3460,stoploss - 3480,target - 3420/3405.Risky player can sell at CMP - 3450.
4. (11:42) : Sell NICKEL between 1030-1035,stoploss - 1045,target - 1017/1010.Risky player can sell 1 lot at CMP - 1028.50.
5. (12:06) : First target completed in ZINC sell call at 93.90.CMP - 93.90.
6. (12:17) : First target completed in NICKEL at 1017.Call initiated at 1028.50.CMP - 1015.50.
7. (12:49) : COPPER all target s completed at 315.90.It made a recent low of 315.85.
8. (01:33) : ALERT - All targets completed in ZNC at 92.90. Call initiated aruond the levels of 94.80-95.
9. (01:51) : CPO ALERT-SUPPORT-366.50/364,RESISTANCE - 369.60/371.70.General trend is up.If remains above the resistance levels then can move upto the levels of 376.50.
10. (01:54) : ALERT - Coservative players can book profit in crude oil at around the levels of 3430-3435.
11. (02:16) : SILVER is facing resistance at the levels of 28560.Risky players can sell around the levels of 28480-28500 for the targets of 28384/28314.Stoploss - 28570.
12. (02:19) : ALERT - All targets completed in NICKEL at 1010. Call initiated at 1028.50.
13. (02:30) : ALERT - CRUDE OIL first target completed at 3420.Call initiated at 3450.It made a recent low of 3418.
14. (05:01) : ALERT - Stoploss triggred in Silver sell call at 28570.Call initiated in the range of 28480-28500.
15. (11:17) : ALERT - Silver could touch the level of 30000 and above as today we have seen great break out. So any 200 points dip or below is a great chance to buy. Thanks.
16. (11:20) : COPPER ALERT - Now Copper immidiate SUPPORT is at 312 for this week and RESISITANCE are at 324 / 329. For now its in range bound. CMP - 318.40.
17. (11:26) : CRUDE ALERT - Crude has very crucial Support at 3363 in major Trend. So might crude see these levels in coming days. So don't jump and buy.Play Intraday only.
18. (11:28) : LEAD ALERT - As we have mentioned earlier that LEAD has resistance at 93 so selling could be initiate from here. Today it is down by 2.13 points.Please check.
19. (11:31) : NATURAL GAS ALERT- For coming days N.G support at 180.10. If it hold this level than we could see some major up move in it. CMP - 187. Thanks.