Monday, July 5, 2010

COMMODITY CALLS ON JULY 02, 2010 (FRIDAY)

"The only good luck many great men ever had was being born with the ability and determination to overcome bad luck."

1. (TREND) MCX CRUDE OIL JUL: RESISTANCE ARE AT 3467 / 3503. SUPPORT ARE AT 3391 / 3328. TREND NEGATIVE.
2. MCX NICKEL JUL: BUY IN THE RANGE OF 905-906. WITH STOPLOSS OF 896. TARGETS ARE 916 / 923. CMP: 908
3. NCDEX GAURSEED : FIRST TARGET WAS ALMOST COMPLETED AT 2357. TARGET WAS 2367. BUY CALL GIVEN YESTERDAY. STILL BUYING CAN BE DONE AT CMP: 2336.
4.(WEEKLY TREND) NCDEX TMC: RESISTANCE AT 14790 AND SUPPORT AT 13214. TREND RANGE BOUND.
5.MCX MENTHA OIL JUL: RECOMMNEDED TO SELL NEAR 728. NOW TRADING AT 708. BOOK PARTIAL PROFIT AT 708.
6. (ALERT) NCDEX PEPPER : NEXT SUPORT IS 17055. IF TOMORROW IT WILL BREAK 17500.
7.(TREND) MCX SILVER SEP: TREND IS DOWN. SUPPORT AT 28289. RESISTANCE IN THE RANGE 291MCX GOLD AUG: TREND DOWN. SUPPORT @18127. RESISTANCE @ 18583 / 18643. CMP: 18450.00-29200. CMP: 28793.
8.MCX COPPER: RESISTANCE AT 307.80 / 311.20. SUPPORT @ 302.40 / 299.10. RISKY CAN BUY @CMP:305.60. STOPLOSS 304. TARGET@RESISTANCE. AND THAN SELL NEAR RESISTANCE.
9.MCX COPPER AUG: BOOK PARTIAL PROFIT @ 306.90. BUY CALL GIVEN @ 305.40.
10.(TREND) MCX NATURAL GAS: SUPPORT ARE @ 222.90 / 220.60. RESISTANCE @ 228.80 / 233.10. TREND NEGATIVE TILL 222.90. CMP:225.
11.MCX NICKEL JUL: STOPLOSS TRIGGERED @ 896. BUY GIVEN @ 905.




DO NOT MISS ZONE- STRONG PREDICTIONS BY INVESTMENT KING ADVISOR