MCX TECH CALLS
TRENDS & ALERTS :
1.(WEEKLY)MCX NATURAL GAS DEC: STRONG SUPPORT AROUND 196. RESISTANCE AROUND 208-216-228. OVER ALL TREND IS BULLISH.CMP: 203.5.
2.(WEEKLY)MCX MENTHA OIL DEC- STRONG SUPPORT AROUND 995. RESISTANCE AROUND 1120. BUY IS RECOMMENDED ON 1000 AROUND LEVELS. CMP: 1039.
3.(ALERT)MCX ZINC DEC: AS WE REGULARLY SAYING THAT TREND IS VERY BULLISH TILL THE LEVEL AROUND 107. VERY STRONG SUPPORT AT 102.8. STILL BUY ON DIPS IS RECOMMENDED.
4.(ALERT)MCX ALUMINIUM: FROM LAST 10 WEEKS TAKING STRONG RESISTANCE AT 109.ONCE IT COMES OUT OF IT, WE COULD SEE AROUND 115 LEVELS. TREND BULLISH. CMP: 105.35.
5.MCX NATURAL GAS JAN: AS RECOMMENDING REGULARLY BUY ON DIPS, NOW TRADING AT 206.7. TARGETS AROUND 215-228-250 LEVELS. SUPPORT AROUND 197-191.
INTRADAY CALLS :
1.MCX SILVER FEB: SELL IN THE RANGE OF 44280-44320 AND MORE AT 44500. WITH STOPLOSS OF 44700. TARGETS 43887-43621-43456. CMP: 44200.
2.MCX COPPER FEB: BUY IN THE RANGE OF 416.1-415.5 AND MORE AT 414.2 WITH STOPLOSS OF 411.9. TARGETS 419.75-424.9. CMP: 417.35.
3.MCX GOLD FEB: BUY IN THE RANGE OF 20580-20560 WITH STOPLOSS OF 20539, TARGETS 20690-20785. RISKY PLAYERS CAN BUY AT CMP 20595.
4.MCX GOLD FEB: BOOK PARTIAL PROFIT AT 20640 IN BUY CALL GIVEN AT 20580.
5.MCX SILVER FEB: BOOK PARTIAL PROFIT AT 44350 IN SELL CALL 44500. CMP:44400.
FUNDAMENTAL NEWS
1.BMD CPO - Continued short covering and speculative buying, with tight supplies providing the underlying support, are extending the rise in palm oil prices.
