COMMODITY CALLS ON NOVEMBER 16, 2010 (TUESDAY)

"The winner is the chef who takes the same ingredients as everyone else and produces the best results."

1. (ALERT) MCX SILVER DEC: YESTERDAY WE RECOMMENDED TO SELL NEAR 39800. NOW TRADING AT 38980. MRE THAN 800 POINTS MOVE ON A DOWNSIDE. BOOK PARTIAL PROFIT.

2. (POSITIONAL ALERT)MCX CPO NOV: NOW TRADING AT 486 IN SELL CALL GIVEN YESTERDAY AT 490 AND ABOVE. FURTHER TARGETS ARE 481-470 AND BELOW.

3. MCX GOLD DEC: SELL AT CMP: 20106 AND MORE IN THE RANGE OF 20180 AROUND. STOPLOSS 20280. TARGETS 19978-19870 AROUND.

4. MCX COPPER NOV: SELL AT CMP: 387.4 AND MORE AT 389.5 WITH STOPLOSS OF 392. TARGETS 383-379.

5. MCX CRUDE OIL NOV: BOOK PARTIAL PROFIT AT 3800 IN SELL CALL GIVEN AT 3825 AND MORE AT 3845. REVISED STOPLOSS TO 3845.

6. MCX GOLD DEC:BOOK PARTIAL PROFIT AT CMP 20064 IN SELL CALL GIVEN AT 20106.

7. MCX COPPER NOV: BOOK PARTIAL PROFIT AT CMP 385.90 IN SELL CALL GIVEN AT 387.4.

8. (WEEKLY TREND)MCX SILVER DEC: TREND DOWN. SUPPORT 37700 AROUND THIS WEEK. RESISTANCE AT 39500. SELL ON RISE IS RECOMMENDED.

9. MCX LEAD NOV: SELL AT CMP: 108.1 AND MORE AT 109. WITH STOPLOSS OF 110.2. TARGETS 106.5 AND BELOW.

10. MCX NICKEL NOV: SELL AT CMP: 1005 AND MORE AT 1013. WITH STOPLOSS OF 1024. TARGETS 989-980. CMP: 1005.

11. (INTRADAY CALL) MCX ALUMINIUM NOV: SELL AT CMP: 106.2 IN SMALL QUANTITY AND MORE AT 106.9. WITH STOPLOSS OF 107.5. TARGETS 104.9 .

12. MCX LEAD NOV: BOOK PARTIAL PROFIT AT 107 IN SELL CALL GIVEN AT 108.1. CMP: 107.1.

13. MCX ALUMINIUM NOV: BOOK PARTIAL PROFIT AT 105 IN SELL CALL GIVEN AT 106 AROUND.

14. MCX NATURAL GAS NOV: BUY AT CMP: 177.1 WITH STOPLOSS OF 174.TARGETS 179.2-181.5.

15. MCX GOLD DEC: TRAIL STOPLOSS TO 20110. REVISED TARGETS ARE 19990 - 19878. IN SELL CALL GIVEN AT 20106.

16. MCX COPPER NOV: FIRST TARGET COMPLETED AT 383 IN SELL CALL GIVEN AT 387.1.

17. ALERT BASE METAL: WE ALERT YESTERDAY ONLY THAT MORE DOWNSIDE COULD BE SEEN THIS WEEK IN BASE METALS. SEE THE RESULT. SOME DOWNSIDE IS STILL LEFT. PLAY SAFE .

18. MCX NICKEL NOV: BOOK PARTIAL PROFIT AT 993 IN SELL CALL GIVEN AT 1005. CMP: 993.9.

19. MCX NATURAL GAS NOV: BOOK PARTIAL PROFIT AT 178.2 IN BUY CALL GIVEN AT 177.2. CMP: 178.

20. MCX CRUDE OIL NOV: BOOK FULL PROFIT AT 3780 IN SELL CALL GIVEN YESTERDAY AT 3845 AROUND. CMP: 3785.

21. (POSITIONAL ALERT) MCX ZINC NOV: WE COULD SEE LEVEL BETWEEN 98-97. STRONG RECOVERY IS EXPECTED FROM THESE LEVEL SO ONLY BUYING IS RECOMMENDED. CMP:100.

22. (POSITIONAL ALERT) MCX COPPER NOV: SELLING PRESSURE COULD REMAIN TILL 378 AROUND LEVELS. WE ARE EXPECTING BUYING FROM THESE LEVELS. SECOND SUPPORT AT 374.

23. MCX GOLD DEC: FIRST TARGET ALMOST COMPLETED AT 19990 IN SELL CALL GIVEN AT 20107 AROUND. CMP: 20000.