COMMODITY CALLS ON 20 DECEMBER, 2010 (MONDAY)

MCX TECH CALLS

ALERTS & TRENDS:

1.MCX GOLD FEB: SUPPORTS ARE AROUND 20535 AND MAJOR AROUND 20390. RESISTANCE AROUND 20708-20805. CMP:20606. TREND BULLISH.

2.MCX LEAD DEC: STRONG RESISTANCE AROUND 110.7-112.6. SUPPORT AROUND 107.9. OVER ALL TREND IS BULLISH. BUY ON DIPS IS RECOMMENDED. CMP:109.8.

3.MCX GOLD FEB: SUPPORTS ARE AROUND 20535 AND MAJOR AROUND 20390. RESISTANCE AROUND 20708-20805. CMP:20606. TREND BULLISH.

4.MCX SILVER MARCH: SUPPORT AROUND 44421-44246. RESISTANCE AROUND 44809-45123. TREND BULLISH.

5.MCX COPPER FEB: REGULARLY RECOMMENDING BUYING ON DIPS FOR THE TARGET AROUND 428. MAJOR SUPPORT AROUND 410. CMP: 420.8.

6.MCX CRUDE OIL JAN: LAST TWO WEEKS TAKING STRONG SUPPORT AROUND 3954. THIS WEEK WE ARE EXPECTING LEVEL OF 4132 AROUND ON A UPSIDE. SO BUY ON DIPS.1.MCX LEAD DEC: BUY IN THE RANGE OF 109.5-109.3. WITH STOPLOSS OF 108.6. TARGETS 111.3-112.8. RISKY PLAYERS CAN BUY AT CMP: 109.9. 

7.(ALERT)MCX NICKEL DEC: BUY CALL RANGE IS JUST MISSED BY .40 POINTS. BUY CALL GIVEN AT 1121 AND MADE A LOW OF 1121.4. CMP:1130 THANKS
INTRADAY CALLS :

1.MCX NICKEL DEC: BUY IN THE RANGE OF 1121-1116. WITH STOPLOSS OF 1103. TARGETS 1143 AROUND. CMP: 1128.

2.MCX LEAD DEC: BOOK PARTIAL PROFIT AT CMP 111.1 IN BUY CALL GIVEN AT 109.9. 

3.(LOW RISK CALL) MCX GOLD FEB: SELL IN THE RANGE OF 20590-20600. WITH STOPLOSS OF 20613. TARGETS 20546 AROUND.CMP: 20584.
POSITIONAL CALL:
1.MCX ALUMINUM DEC: ALL POSITIONAL TARGETS COMPLETED IN BUY CALL GIVEN AT 105.5. CMP: 107.7.