Wednesday, August 18, 2010

COMMODITY CALLS ON AUGUST 17. 2010 (TUESDAY)

"Emotions are your worst enemy in the stock market and commodity market."


1. (WEEKLY TREND) NCDEX PEPPER: RESISTANCE AT 20085 AND SUPPORT AT 19220. TREND BULLISH. BUY ON DIPS IS RECOMMENDED. CMP: 19600.
2. (TREND)MCX CRUDE OIL AUG: RESISTANCE ARE AT 3563 / 3589. SUPPORT ARE AT 3478. TREND NEGATIVE. CMP: 3522.
3. MCX NICKEL AUG: BUY AT CMP 1010.6, WITH STOP LOSS OF 1002, TARGETS: 1018 - 1029. CMP:1010.6.
4. (TREND) MCX SILVER SEP: SUPPORT AROUND 29100 AND RESISTANCE ARE AT 29551 / 29630.TREND BULLISH. BUY IN THE RANGE OF 29200-29250 IS RECOMMENDED. CMP :29427.
5. (MONYHLY TREND) MCX CPO: SUPPORT 412 / 394. RESISTANCE ARE AT 437 /458 AROUND. OVER ALL TREND BULLISH. CMP: 420.
6. (WEEKLY TREND) USDINR: STRONG RESISTANCE IS AROUND 47.2 ABOVE THIS WE ARE EXPECTING GOOD UP MOVE AND STRONG SUPPORT AROUND 46.05. TREND BULLISH. CMP: 46.702.
7. MCX NICKEL AUG: FIRST TARGET 1018 ACHIEVED IN BUY CALL GIVEN AT 1010.5. CMP:1019.
8. NCDEX PEPPER: MADE A HIGH OF 19993 NEAR OUR RESISTANCE OF 20085. WE RECOMMENDED TREND IS BULLISH AND BUY ON DIPS. CMP: 19960.
9. MCX LEAD AUG: BUY IN THE RANGE OF 97.7 - 97.5, WITH STOP LOSS OF 97.2, TARGETS: 99.1 - 99.6. CMP:98.1.
10. (RISKY CALL) MCX CRUDE OIL AUG: BUY AT CMP: 3555. WITH STOPLOSS 3532. TARGETS 3582 AND ABOVE.
11. MCX LEAD AUG: FIRST TARGET ALREADY COMPLETED AT 99.1 BUT PRICES DIDN'T COME IN RANGE. CMP: 98.65.
12. MCX NICKEL AUG: SECOND TARGET ALMOST COMPLETED AT 1028.50. IN BUY CALL GIVEN AT 1010.5. CMP: 1024.8.
13. MCX ALUMINIUM AUG: BUY IN THE RANGE OF 99.4 - 99.3, WITH STOP LOSS OF 98.7, TARGETS: 100.1 - 100.8. RISKY PLAYERS BUY AT CMP:99.6.
14. MCX ALUMINIUM AUG: FIRST TARGET 100.1 ACHIEVED IN BUY CALL GIVEN AT 99.6. CMP:100.1.
15. MCX COPPER AUG: SELL IN THE RANGE OF 344.5 - 345, WITH STOP LOSS OF 346.1, TARGETS: 342.4 - 341.2. CMP:343.6.


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