Friday, December 24, 2010

COMMODITY CALLS ON 23 DECEMBER, 2010 (THURSDAY)

MCX TECH CALLS
INTRADAY CALLS:
1.MCX LEAD DEC: SELL AT CMP:110.5. WITH STOPLOSS OF 111.2. TARGET 109.2 AROUND.
2.MCX SILVER MAR: SELL AT CMP: 44345 IN SMALL QUANTITY AND MORE AROUND 44400. WITH STOPLOSS OF 44512. TARGETS 44190-44037.
3.MCX COPPER FEB: SELL IN THE RANGE OF 425-425.4 AND MORE AT 426.2 WITH STOPLOSS OF 427.5. TARGETS 423.2-421.9. CMP: 424.5.
4.MCX NICKEL DEC: BUY IN THE RANGE OF 1071-1066 WITH STOPLOSS OF 1055, TARGETS 1095.9-1110. RISKY BUY AT CMP 1075.5.
5.MCX LEAD DEC: BOOK PARTIAL PROFIT AT 109.7 IN SELL CALL GIVEN AROUND 110.5.
6.MCX SILVER DEC: BOOK PARTIAL PROFIT AT CMP 44246 IN SELL CALL GIVEN AROUND 44345.
7.MCX COPPER FEB: FIRST TARGET ALMOST COMPLETED AT 423.25 IN SELL GIVEN AROUND 425.3. CMP: 423.35.
7.MCX SILVER MAR: FIRST TARGET COMPLETED AT 44190 IN SELL CALL GIVEN 44350 AROUND. CMP:44165.
8.MCX SILVER MAR: ALL TARGETS COMPLETED AT 44037 IN SELL CALL AT 44350. CMP: 44360.
9.MCX LEAD DEC: ALL TARGETS COMPLETED AT 109.2 IN SELL CALL GIVEN AT 110.5. CMP: 110.
TRENDS & ALERTS:
1.(INTRADAY)MCX CPO JAN: SUPPORT AROUND 523 AND RESISTANCE AROUND 528.5-531.3. INTRADAY TREND IS BULLISH TILL THE TIME REMAINS ABOVE 524.5.
2.MCX CRUDE OIL JAN: REGULARLY SAYING TO REMAIN BUY FROM THE LEVEL OF 4050. NOW TRADING AT 4140. OUR TARGETS 4180 AROUND.
POSITIONAL CALL:
1.MCX SILVER MAR: SELL AT CMP: 44310 AND MORE AT 44400. WITH STOPLOSS OF 44500. TARGETS 44090-43800-43612.