COMMODITY CALLS ON 10 DECEMBER, 2010 (FRIDAY)

MCX TECH CALLS

INTRADAY CALLS :

1.MCX COPPER FEB:BUY IN THE RANGE OF 411.3-411 AND MORE AT 409.1 WITH STOPLOSS OF 407.TARGETS 418 AND ABOVE. CMP: 412.3.

2.MCX GOLD FEB: BOOK PARTILA PROFIT AT 29535 IN SELL CALL GIVEN AT 20593. CMP:20542.
3.MCX GOLD FEB: BOOK FULL PROFIT AT 20380 IN SELL CALL GIVEN AROUND 20593. CMP: 20400.
ALERTS & TRENDS:

1.MCX CPO DEC: AS WE ARE SAYING REGULARLY THAT TREND IS ONLY BULLISH. SUPPORTS ARE AROUND 515. RESISTANCE AT 533 ABOVE THIS 552. BUY ON DIPS.

2.MCX NICKEL DEC: RESISTANCE ARE AT 1085-1096. SUPPORTS ARE AROUND 1060-1051. TREND RANGE BOUND. THOSE WHO BOUGHT AT HIGHER LEVELS COULD WAIT.THANKS

3.MCX NATURAL GAS JAN: WE COULD SEE AROUND 215-228-250 LEVELS THIS MONTH ONLY. SUPPORT AROUND 191. BUY ON DIPS IS STRONGLY RECOMMENDED. CMP: 203.8.
4.MCX SILVER FEB: TILL THE TIME 44100(STRONG RESISTANCE) IS NOT BREACHED WE COULD SEE 42356-41600 LEVELS ON A DOWNSIDE VERY SOON.CMP:43150.
5.MCX SILVER: ONLY SELL ON RISE IS THE RIGHT STRATEGY TO WORK ON. SO PLEASE PAY ATTENTION TO TREND MSGS.SELL NEAR RESISTANCE IN MORNING MSG FROM MONDAY.
6.(VERY IMPORTANT ALERT)MCX SILVER FEB: TILL THE TIME 44100(STRONG RESISTANCE) IS NOT BREACHED WE COULD SEE 42356-41600 LEVELS ON A DOWNSIDE VERY SOON.CMP:43150.

NCDEX TECH CALLS

TRENDS :
1.NCDEX SOYREF OIL: TREND IS VERY BULLISH TILL THE LEVEL OF 608(SURE SHOT). ANY DIP IS STRONGLY RECOMMENDED TO BUY. CMP: 587.3

FUNDAMENTAL NEWS

1.BMD CPO: Malaysia's November crude palm oil output fell 11% from the previous month to 1.46 million metric tons.