COMMODITY CALLS ON 16 DECEMBER, 2010 (THURSDAY)

MCX TECH CALLS

INTRADAY CALLS :

1.MCX GOLD FEB: SELL IN THE RANGE OF 20615-20627 WITH STOPLOSS OF 20681.TARGETS 20531-20466. RISKY PLAYERS CAN SELL AT CMP: 20595 IN SMALL QUANTITY.
2.MCX COPPER FEB: SELL AT CMP: 414.4 AND MORE AROUND 416. WITH STOPLOSS OF 417.9. TARGETS 412.9-411.1-409.3.
3.MCX GOLD FEB: BOOK PARTIAL PROFIT AT 20552 IN SELL CALL GIVEN AROUND 20597. CMP: 20555.

4.MCX COPPER FEB: FIRST TARGET ACHIEVED AT 412.9 IN SELL CALL GIVEN AT 414.4. CMP: 412.95.
5.MCX NATURAL GAS ( JAN ) : SELL AT CMP: 194 AND MORE AT 196. WITH STOPLOSS OF 200. TARGET 189.8 AROUND.
6.MCX LEAD DEC: SELL AT CMP: 108.7 AND MORE AROUND 109.2 WITH STOPLOSS OF 109.8. TARGETS 107.6 AROUND.
7.MCX LEAD DEC: BOOK PARTIAL PROFIT AT CMP 107.85 IN SELL CALL GIVEN AT 108.7.
8.MCX ZINC DEC: BUY IN THE RANGE OF 100.8-100.6 WITH STOPLOSS OF 99.5, TARGETS 102.9-103.75. CMP: 101.
9.MCX SILVER MARCH: ALL TARGETS COMPLETED AT 43676 IN SELL CALL GIVEN AROUND 43150. CMP: 43742.
10.MCX GOLD FEB: ALL TARGETS COMPLETED AT 20466 IN SELL CALL GIVEN AT 20597. CMP: 20422.
11.MCX NATURAL GAS (JAN): BOOK PARTIAL PROFIT AT 190.5 IN SELL CALL GIVEN AT 194 AROUND. CMP: 190.5.
12.MCX ZINC DEC: BOOK PARTIAL PROFIT AT 101.5 IN BUY CALL GIVEN AT 100.8. CMP: 101.35.

 POSITIONAL CALLS:
1.MCX CRUDE OIL JAN: FIRST TARGET COMPLETED AT 4082 IN POSITIONAL BUY CALL GIVEN AT 4047 AND MORE AT 4025. CMP: 4079.

TRENDS & ALERTS :
1.MCX SILVER MARCH: RESISTANCE AROUND 44673. SUPPORTS AROUND 43906-43647. TREND FLAT TO NEGATIVE. SELL ON RISE IS RECOMMENDED. CMP:44260.
2.MCX ZINC DEC: REGULARLY SAYING THAT VERY STRONG SUPPORT AROUND 102.4 AND RESISTANCE AROUND 104.5. RIGHT NOW RANGE BOUND BUT OVERALL TREND BULLISH.CMP:103
3.MCX SILVER MARCH:TAKING STRONG SUPPORT AT 44150. WE RECOMMENDED TO SELL MORE BELOW THIS FOR THE TARGETS 43932-43676. CMP:44300.

NCDEX TECH CALLS

TREND :
1.(WEEKLY ) NCDEX PEPPER JAN: TREND DOWN TILL THE LEVEL OF 21640-21089. RESISTANCE AROUND 22200. STRONGLY RECOMMENDED TO SELL ON RISE ONLY. CMP: 21950.