Wednesday, August 4, 2010

COMMODITY CALLS ON AUGUST 03. 2010 (TUESDAY)

"People with goals succeed because they know where they're going."


1.MCX GOLD OCT: STRONG RESISTANCE AROUND 17980 AND STRONG SUPPORT 17858 / 17820. TREND IS RANGE BOUND AND WILL BE CLEAR LEVELS MENTION ABOVE. CMP: 17915.
2. (POSITIONAL) MCX ALUMINIUM AUG: SELL IN THE RANGE OF 103.1-103.4. WITH STOPLOSS 104.2. TARGETS 101.1 / 99.9. CMP: 102.5.
3. (SMALL QUANTITY) MCX ZINC AUG: BUY IN THE RANGE OF 95.90-96.10. WITH STOPLOSS OF 94.9. TARGETS 97.2 / 98.1.
4. (POSITIONAL CALL UPDATE) MCX NICKEL AUG: BOOK PARTIAL PROFIT AT 1014 IN BUY CALL GIVEN AT 961. FINAL TARGETS ARE 1018 / 1050.
5. MCX CRUDE OIL AUG: SELL IN THE RANGE OF 3785-3795. WITH STOPLOSS OF 3837. TARGETS 3738 / 3703. CMP: 3771.
6. (TREND) NCDEX STEEL:STRONG SUPPORT AROUND 23100. TREND RANGE BOUND. RESISTANCE 25600/26800. CMP: 24400. RECOMMENDATION BUY ON DIPS TILL 23500.CMP:24400.
7. (WEEKLY) NCDEX BARLEY - BUY IN THE RANGE OF 1150-1152. WITH STOPLOSS 1142. TARGETS 1167 / 1174. CMP: 1159.
8. (ALERT MONTHLY): NCDEX BARLEY: OVERALL TREND IS VERY BULLISH TILL THE LEVEL OF 1280 AROUND. MONTHLY SUPPORT IS AT 1077. SO ONLY BUYING IS RECOMMENDED ON DIPS.
9. NCDEX CHANA : FROM LAST 36 MONTHS PRICE HAVE NOT SLIP BELOW 2020 LEVEL. (VERY STRONG SUPPORT). SHORT TERM TREND COULD BE NEGATIVE BELOW 2286 . BUT OVER ALL TREND IS BULLISH TILL 2550. CMP: 2300.
10. NCDEX TMC : EXPECTING GREAT DOWN SIDE ONLY BELOW 13920 (GOOD SUPPORT) TILL THE LEVEL OF 12500. CURRENTLY TREND IS NEGATIVE. RESISTANCE IS AT 15088. CMP: 14428.
11. MCX CRUDE OIL AUG: SELL AT CMP: 3763. WITH STOPLOSS OF 3774. TARGETS 3743/3728. CMP: 3763.
12. MCX COPPER AUG: SELL IN THE RANGE OF 343-343.5 WITH STOPLOSS OF 345. TARGETS 341.4 / 340.3. RISKY PLAYERS CAN SELL AT CMP: 342.5.
13. NCDEX BARLEY: BOOK PARTIAL PROFIT AT 1158 IN BUY CALL GIVEN AT 1150. CMP: 1156.6.
14. MCX COPPER AUG: FIRST TARGET ALMOST COMPLETED AT 341.45. TARGET WAS 341.40 IN SELL CALL GIVEN IN THE RANGE OF 343-343.5. CMP: 341.8.
15. MCX CRUDE OIL AUG: STOPLOSS TRIGGERED AT 3774. SELL CALL GIVEN AT 3763 CMP: 3778.
16. (ALERT) MCX CRUDE OIL AUG: SELL CALL GIVEN IN THE RANGE OF 3785-3795 ACTIVATED. CMP: 3785.
17. MCX COPPER AUG: SECOND TARGET COMPLETED AT 340.30 IN SELL CALL GIVEN IN THE 343-343.5. CMP: 341.2.
18. MCX ZINC AUG: BOOK PARTIAL PROFIT AT 96.5 IN BUY CALL GIVEN AT 95.9. CMP: 96.45.
19. (ALERT) MCX GOLD OCT: AS MENTIONED IN MORNING THAT RESISTANCE IS AT 17980 AROUND. TREND WILL BE BULLISH IF STAYS ABOVE 17990. CMP: 17970.
20. MCX SILVER SEP: BUY ABOVE 29207. WITH STOPLOSS OF 29112. TARGETS 29286 / 29324 / 29391. CMP: 29159.
21. MCX CRUDE OIL AUG: BOOK PARTIAL PROFIT AT 3766. SELL CALL GIVEN IN THE RANGE OF 3785-3795. CMP: 3768.
22. MCX SILVER SEP: 1ST TARGET ALMOST COMPLETED AT 29279. ACTUAL TARGET WAS 29286. BUY CALL GIVEN ABOVE 29207. CMP: 29235.
23. (POSITIONAL DON'T MISS CALL) MCX N.G AUG: BUY IN THE RANGE 213.5-214.2. WITH STOPLOSS OF 212.1. TARGETS WILL INITIATE AFTER BUY PRICES COME. CMP: 215.6.

DO NOT MISS ZONE- STRONG PREDICTIONS BY INVESTMENT KING ADVISOR