Wednesday, May 26, 2010

COMMODITY CALLS ON MAY 24, 2010 (MONDAY)

THOUGHT FOR THE DAY

"Silence is a Source of Great Strength - Team Profit King wishes you a great day ahead." 
  1. (10:21) : (TREND) MCX GOLD JUNE - FORMING STRONG BASE AT 17900 LEVEL. INTRADAY TREND IS UP ABOVE 17900 LEVEL. IF BREACHED IT COULD TOUCH 17589 LEVEL IN COMING DAYS.
  2. (10:48) : MCX ZINC MAY - BUY IN THE RANGE OF 88.70 - 89.10. WITH A STOPLOSS 87.30. TARGETS ARE 90.30 / 91.90. RISKY PLAYERS CAN BUY AT CMP - 89.45.
  3. (11:33) : (TREND) MCX CRUDE OIL JUNE - INTRADAY SUPPORT IS AT 3273 / 3240. RESISTANCE ARE AT 3365 / 3391 . TREND BULLISH ABOVE 3270.
  4. (11:50) : (WEEKLY TREND) MCX SILVER JULY - LOOKING BEARISH ON WEEKLY CHARTS. WEEKLY RESISTANCE AT 28965 / 29190 / 29400. SUPPORTS ARE AT 28160 / 27600.
  5. (12:06) : MCX CRUDE OIL JUNE - BUY BETWEEN 3300 - 3305. WITH A STOPLOSS OF 3270. TARGETS 3345 / 3387. RISKY PLAYERS CAN BUY IN SMALL QUANTITY AT CMP - 3319.
  6. (01:06) : MCX ZINC MAY - FIRST TARGET COMPLETED AT 90.30. BUY CALL GIVEN AT 89.40.
  7. (01:40) : MCX COPPER JUNE - BUY IN THE RANGE OF 319 - 319.80. WITH A STOPLOSS OF 317 TARGETS OF 322.10 / 325. OR SELL ABOVE 327 STOPLOSS 330.50 TARGETS 325 AND BELOW.
  8. (03:58) : ( ALERT ) MCX COPPER JUNE CALL - PLEASE BOOK PARTIAL PROFIT IN COPPER AT 321.TECHNICALLY MARKET STRENGHT IS WEAK. BUY CALL GIVEN IN RANGE OF 319 - 319.80.
  9. (04:04) : (RISKY)MCX GOLD JUNE - BUY IN THE RANGE OF 18050 - 18060. WITH A STOPLOSS OF 18023. TARGETS 18142 / 18201. CMP - 18080.
  10. (04:18) : (ALERT) MCX CRUDE OIL CALL - PLEASE EXIT FROM THE BUY CALL AT 3300. AND RISKY PLAYERS CAN SELL AT 3300 STOPLOSS 3317. TARGETS 3276 / 3248. CMP -3294.
  11. (05:48) : (RISKY) MCX ZINC MAY - BUY IN THE RANGE OF 88.20 - 88.40. WITH A STOPLOSS OF 87.80. TARGETS 89.40 / 90.10 / 91.40. CMP - 88.70.
  12. (06:08) : MCX GOLD CALL - BOOK PARTIAL PROFIT IN GOLD AT 18125. BUY CALL GIVEN AT 18060.
  13. (07:03) : MCX NICKEL MAY - BUY AT CMP 1024. WITH A STOPLOSS OF 1011. TARGET 1040 AND ABOVE.
  14. (08:05) : (ALERT) MCX NICKEL MAY - PLEASE BOOK PARTIAL PROFIT IN NICKEL AT 1035. BUY CALL GIVEN AT 1024.
  15. (08:09) : MCX COPPER JUNE - PLEASE BOOK FULL PROFIT AT 323.70. BUY GIVEN AT 319.50.
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