Wednesday, June 16, 2010

COMMODITY CALLS ON JUNE 14, 2010 (MONDAY)

"Nothing great was ever achieved without enthusiasm."

1. (TREND) MCX CPO: WEEKLY SUPPORTS ARE AT 362.10 / 357.40. WEEKLY RESISTANCE ARE AT 374.20 / 379.60.TREND IS RANGE BOUND BETWEEN 362 - 380. BULLISH ABOVE 380.
2. (TREND)MCX SILVER JUL:WEEKLY RESISTANCE IS AT 29563 AND SUPPORT IS AT 28400. TREND RANGE BOUND. BULLISH ONLY CLOSING ABOVE 29700.
3. (TREND)MCX CRUDE OIL JUN: INTRDAY SUPPORTS ARE AT 3446 / 3417/ 3375. RESISTANCE IS AT 3518 / 3548.GENERAL TREND IS TO THE DOWNSIDE AS FAR AS 3590 IS INTACT.
4. (TREND) MCX COPPER JUN: WEEKLY RESISTANCE ARE AT 311.10 / 316.30 / 322.40. WEEKLY SUPPORT ARE AT 300.50 / 294.30. MAJOR TREND IS DOWN ONLY. CMP : 305.70
5. (INTRADAY) MCX NICKEL JUN: BUY IN THE RANGE OF 915 - 920. STOPLOSS 901. TARGET 945 AND ABOVE. CMP : 928.60.
6. (SMALL INTRADAY CALL)MCX COPPER JUN: BUY IN THE RANGE OF 305.40 - 305.60. STOPLOSS 304.50. TARGET 307.40. CMP - 305.90.
7. MCX SILVER JULY: SELL IN THE RANGE OF 29255 - 29265. WITH STOPLOSS OF 29299. TARGET 29090 / 29011. CMP :29180.
8. MCX CRUDE OIL - SELL AT CMP - 3502. STOPLOSS 3514. TARGET 3480 / 3461.
9. MCX NATURAL GAS JUN: SELL N THE RANGE OF 230 - 231. STOPLOSS 233.40. TARGET 228.30 / 226.90. CMP: 229.50
10. MCX NATURAL GAS JUN: SELL N THE RANGE OF 230 - 231. STOPLOSS 233.40. TARGET 228.30 / 226.90. CMP: 229.50
11. MCX SILVER CALL - FIRST TARGET ALMOST DONE AT 29100. BUT RANGE IS MISSED BY 18 POINTS.
12. MCX NATURAL GAS CALL- BOOK PARTIAL PROFIT AT 228.70. SELL GIVEN IN RANGE OF 230 - 231. MADE AHIGH OF 230.50.
13. MCX NATURAL GAS JUN: SECOND TARGET COMPLETED AT 226.90. SELL GIVEN IN THE RANGE OF 230-231.
14. MCX ALUMINIUM JUN: BUY AT CMP 91.65, WITH STOP LOSS OF 91, TARGETS: 92.35 - 93.1. CMP:91.65.

DO NOT MISS ZONE- STRONG PREDICTIONS BY INVESTMENT KING ADVISOR