COMMODITY CALLS ON NOVEMBER 01, 2010 (MONDAY)

"Never invest in any idea you can't illustrate with a crayon."

1. MORNING ALERT: BASE METAL PACK WILL OPEN IN POSITIVE RANGE AND COULD CONTINUE BULLISH THROUGH OUT THE DAY. NICKEL WILL BE A GOOD BUY FOR TODAY.

2. (TREND) MCX ZINC NOV: SUPPORT AT 109.1 - 107.5. RESISTANCE AT 111.4 - 113.1. TREND BULLISH. ( CMP:109.7).

3. (TREND) MCX NICKEL NOV: STRONG RESISTANCE AT 1058. IF CLOSES ABOVE THIS FOR TWO DAYS THAN WE COULD EXPECT STRONG BUYING. SUPPORT AT 1028 AROUND. CMP: 1045.

4. MCX ALUMINIUM NOV: BUY IN THE RANGE OF 105.7-105.5, WITH STOPLOSS OF 104.2, TARGETS: 107.1-108.-108.9. CMP: 106.

5. (TREND) MCX LEAD NOV: SUPPORT AT 110.4 - 109.3. RESISTANCE AT 112.8 - 114.6. TREND BULLISH. (CMP: 111.2).

6. MCX COPPER NOV: BUY AT CMP 373.6 AND MORE NEAR 371.2, WITH STOPLOSS OF BELOW 370.3, TARGET: 375.1-376.9-378.9. CMP: 373.6.

7. MCX NATURAL GAS NOV: BUY IN THE RANGE OF 186.2-186. WITH STOPLOSS OF 180.5 TARGETS 191 - 193.4. RISKY BUY AT CMP: 187.4.

8. MCX CRUDEOIL NOV: BUY AT CMP 3664 AND FALL TO 3648, WITH STOPLOSS OF 3635, TARGETS 3683-3699-3720. CMP:3665.

9. MCX SILVER DEC: BUY IN THE RANGE OF 37240-37200 WITH STOPLOSS OF 36990, TARGETS: 37580-37770-37950. CMP:37319.

10. MCX COPPER NOV: BOOK PARTIAL PROFIT AT CMP 374.9 IN BUY CALL GIVEN AT 373.6 AND REVISE STOP LOSS TO COST.

11. MCX CRUDE NOV: ALL TARGETS ARE ACHIEVED AT 3720 IN BUY CALL GIVEN AT CMP 3664. CMP:3722.

12. ALERT: MCX SILVER DEC: FOR TOMORROW RESISTANCE NOW AT 31150 AROUND. SUPPORTS ARE AT 36650 - 36458. BUYING ONLY ABOVE 37150. CMP: 36900.

13. (ALERT) MCX GOLD DEC: FOR TOMORROW NOW SUPPORTS AT 19640 - 19590 - 19489. RESISTANCE AT 19790 - 19900. BUYING NEAR SUPPORTS ARE RECOMMENDED.

14. (IMP ALERT) MCX NICKEL NOV: SUPPORT AT 1028 -1022. RESISTANCE AT 1063-1076-1094. STRONG BUYING IS EXPECTED ABOVE 1051. CMP: 1039.