COMMODITY CALLS ON 30 DECEMBER, 2010 (THURSDAY)

MCX TECH CALLS

TRENDS AND ALERTS:

1.MCX ALUMINIUM DEC: 109.5 IS VERY STRONG SUPPORT. TREND IS BULLISH TILL THE REMAINS ABOVE THIS. RESISTANCE AT 112.5. BUY ON DIPS IS STRONGLY RECOMMENDED.

2.MCX N.G JAN: STRONG SUPPORT AROUND 192.4. RESISTANCE AROUND 199.2. TREND BULLISH BUY ON DIPS IS RECOMMENDED. CMP: 195.8.

3.(TREND)MCX CRUDE OIL JAN: SUPPORTS AROUND 4089-4062. RESISTANCE AROUND 4147. OVER ALL TREND IS POSITIVE SO BUY ON DIPS IS STRONGLY RECOMMENDED. CMP: 4118

4.(TREND) MCX NICKEL JAN: TAKING VERY STRONG SUPPORT AROUND 1072. TREND WILL REMAIN FLAT TO POSITIVE TILL THE REMAINS ABOVE 1072. RESISTANCE AT 1102-1117. 

5.(IMP POSITIONAL) MCX ALU JAN: WE VERY BULLISH TILL THE LEVEL OF 115.6-121-126. SUPPORT AROUND 106-103. DON'T MISS TO BUY ON DIPS.CMP:111.3.

6.(TREND)MCX CPO JAN: SUPPORT AROUND 546. RESISTANCE AT 559. IF REGULARLY REMIAN ABOVE 560 THAN WE COULD SEE 577 ON A UPSIDE.CMP: 556.

7.(TREND)MCX GOLD FEB: FACING RESISTANCE AROUND 20795 ABOVE THIS 20827-20872. SUPPORTS ARE AROUND 20740-20715. TREND BULLISH TILL THE TIME REMAINS ABOVE 20700.

INTRADAY CALLS:

1.MCX ZINC JAN: BUY IN THE RANGE OF 108.4-108.2 AN DMORE AT 107.5 WITH STOPLOSS OF 106. TARGETS 110.2-111.8. CMP: 108.8. 

2.MCX CRUDE OIL JAN: BUY IN THE RANGE OF 4080-4075 AND MORE IF COMES AROUND 4050. WITH STOPLOSS OF 4023. TARGETS 4122-4160. CMP: 4096.

3.MCX SILVER MAR: SELL AT CMP:46200. WITH STOPLOSS 44300. TARGET 45900 AROUND.

4.MCX SILVER MAR: BOOK PARTIAL PROFIT AT 46050 IN SELL CALL GIVEN AT 46200.CMP: 46068.

5.MCX SILVER MAR: ALL TARGETS COMPLETED AT 45900 IN SELL CALL 46200. CMP:45918.

  

NCDEX TECH CALLS

INTRADAY CALLS:

1.NCDEX REFSOY OIL JAN:BUY IN THE RANGE OF 629-628. WITH STOPLOSS OF 626. TARGETS 636.2 AROUND. CMP: 629.5.

2.NCDEX REFSOY OIL JAN: BOOK PARTIAL PROFIT AT 633 IN BUY CALL GIVEN AROUND 629.

COMMODITY CALLS ON 28 DECEMBER, 2010 (TUESDAY)

MCX TECH CALLS

POSITIONAL CALLS:

1.MCX COPPER FEB: BOOK PARTIAL PROFIT AT 430.5 IN BUY CALL GIVEN YESTERDAY AROUND 428 AND MORE AT 426.5. CMP: 430.5.

2.(POSITIONAL)MCX GOLD FEB: BUY AT CMP:20690 AND MORE AROUND 20650. WITH STOPLOSS OF 20613. TARGETS 20800-20932.

TRENDS AND ALERTS :

1.(DAILY)MCX CPO JAN: SUPPORTS AROUND 545 AND 536. RESISTANCE AROUND 556 AND 559.6. TREND BULLISH. BUY ON DIPS.

2.(WEEKLY)MCX N.G JAN: RESISTANCE AROUND 192-194.6. SUPPORTS ARE AT 186-182.4. REMEMBER LAST 9 MONTHS TAKING STRONG SUPPORT 174.

3.(IMP) MARKET IS VERY RANGE BOUND FROM LAST WEEK THATS WHY TRADING CALL FREQUANCY IS LOW. PLEASE WAIT FOR THE CLEAR DIRECTION. THANKS

4.MCX ZINC JAN:STRONG SUPPORT ARE AT 104.7-103.5. RESISTANCE ARE AT 107.1-111.2. OVER ALL TREND IS BULLISH. BUY ON DIPS IS STRONGLY RECOMMENDED. CMP:105.3

5.MCX ALU JAN:TREND IS VERY BULLISH TILL THE LEVEL OF 115-118. SUPPORT ARE AT 108-106 AROUND. EVERY GOOD IS STRONGLY RECOMMENDED TO BUY ONLY. CMP: 109.8.

6.(WEEKLY)MCX CRUDE OIL JAN: THIS WEEK STRONG SUPPORT IS AT 4023. OVER ALL TREND IS STILL BULLISH. TILL THE LEVEL OF 4249. BUY ON DIPS IS STRONGLY.CMP:4134.

COMMODITY CALLS ON 27 DECEMBER, 2010 (MONDAY)

MCX TECH CALLS

ALERTS:

1.MCX SILVER MAR: POSITIONAL SELL CALL STILL ACTIVATED GIVEN ON FRIDAY AROUND 44330 AND MORE AT 44400.SL 44500 REVISED TARGETS ARE 44187-43931. CMP:44333.

2.MCX GOLD FEB: TREND WILL REMIAN BULLISH IF 20430 IS HOLD ON A DOWNSIDE. RESISTANCE WILL BE 20582-20647-20713. CMP:20538.

INTRADAY CALLS:
1.MCX ZINC DEC: BUY IN THE RANGE OF 104.1-103.9. WITH STOPLOSS OF 103.5 TARGET 105.2-106.8. CMP: 104.3.
2.MCX COPPER FEB: BUY AT CMP:429 AND MORE AROUND 427.4 WITH STOPLOSS OF 425.7. TARGETS 431.2-433.8.
3.MCX ZINC DEC: STOPLOSS TRIGGERED AT 103.5 IN SELL CALL  GIVEN IN THE RANGE OF 104.1-103.9. CMP:103.7.

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.

COMMODITY CALLS ON 22 DECEMBER, 2010 (WEDNESDAY)

MCX TECH CALLS

INTRADAY CALLS :

1.MCX COPPER FEB:SELL IN THE RANGE OF 427.1-427.3. WITH STOPLOSS OF 428. TARGETS 425.3-424. CMP: 426.6.

2.MCX COPPER FEB: FIRST TARGET COMPLETED AT 425.3 BUT PRICES DIDN'T COME IN RANGE. NOW WAIT FOR A FRESH CALL. CMP: 425.15.

ALERTS & TRENDS:

1.(VERY IMP) MCX SILVER:TODAY OR TOMORROW WE COULD SEE VERY HIGH VOLATILITY. VOLATILITY SUPPORT AT 42900 AND RESISTANCE AT 45500. DOWNTREND IS EXPECTED.

2.(WEEKLY IMP)MCX GOLD FEB: SUPPORTS ARE AROUND 20410-20289-20112. RESISTANCE ARE AROUND 20686-20806. BULLISH IF REMAINS REGULARLT ABOVE 20600 OR ELSE DOWN.

3.MCX CRUDE OIL JAN: WE ARE REGULARLY UPDATING TO HOLD BUY TILL THE LEVEL 4133-4180-4300. ANY DIP ON INVENTORY IS TO ADD MORE POSITIONS.CMP: 4097.

4.(ON INVENTORY) MCX CRUDE OIL JAN: STRONG SUPPORT AT 4063 IF BREAK THAN WE COULD SEE 4036 AND 4005 ALSO. OVER ALL TREND IS BULLISH. SO BUY ON DIPS.

COMMODITY CALLS ON 21 DECEMBER, 2010 (TUESDAY)

MCX TECH CALLS

ALERTS:

1.MCX CRUDE OIL JAN:WE SAID YESTERDAY THAT 4132 LEVELS ON UPSIDE COULD BE SEEN THIS WEEK. YESTERDAY MADE A LOW 4023. NOW TRADING AT 4071. HOLD BUY POSITION.

2.(IMP)MCX GOLD FEB: FROM LAST 10 DAYS TRADING IN A VERY TIGHT RANGE OF 20680-20400. AS SAYING REGULARLY STRONG SUPPORT 20390.BELOW THIS TREND NEGATIVE.

3.MCX COPPER FEB: ALL TARGETS ACHIEVED AROUND 428 ( IT MADE A HIGH OF 427.65) FROM THE LEVEL AROUND 390. CMP: 427.1.

POSITIONAL CALL:

1.MCX CRUDE OIL JAN: BUY IN THE RANGE OF 4055-4045 AND MORE AT 4020 WITH STOPLOSS OF 4000. TARGETS 4111-4154. CMP: 4071.

INTRADAY CALL:

1.(RISKY CALL) MCX LEAD DEC: BUY IN THE RANGE OF 111-110.7. WITH STOPLOSS OF 109.7. TARGET 113.3 AROUND. RISKY CALL AT CMP:111.6.

2.MCX SILVER MAR: SELL IN THE RANGE OF 44450-44460. WITH STOPLOSS 44489. TARGETS 44341-44274. CMP: 44430.

3.MCX SILVER MAR: STOPLOSS TRIGGERED AT 44489 IN SELL CALL GIVEN AROUND 44455. CMP: 44588.

4.MCX LEAD DEC: BOOK PARTIAL PROFIT AT 111.7 IN BUY CALL GIVEN IN THE RANGE OF 111-110.7. MADE ALOW OF 111.8. CMP:111.5.

FUNDAMENTAL NEWS

1.BMD CPO: Fresh buying interest amid speculation that the lean CPO output period from December but gains will be subdued by weak demand.





















 

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.

COMMODITY CALLS ON 17 DECEMBER, 2010 (FRIDAY)

MCX TECH CALLS

 INTRADAY CALLS :

1.MCX LEAD DEC: BUY IN THE RANGE OF 108.7-108.5 WITH STOPLOSS OF 107.4. TARGETS 111.2-113.5. CMP: 109.

2.MCX CRUDE OIL JAN: BUY IN THE RANGE OF 4027-4023 AND MORE AT 4005. WITH STOPLOSS OF 3983. TARGETS 4067 AROUND. CMP: 4030.

3.MCX CRUDE OIL JAN: BOOK PARTIAL PROFIT 4045 IN BUY CALL GIVEN AROUND 4025. CMP: 4043.

4.MCX LEAD DEC: BOOK PARTIAL PROFIT AT 110.2. IN BUY CALL GIVEN AT 108.5. CMP:110.2. 

POSITIONAL CALLS :

1.MCX NICKEL DEC: FIRST TARGET COMPLETED AT 1121 IN POSITIONAL BUY CALL GIVEN AT 1097. NEXT TARGETS ARE 1038. CMP: 1124.

2.MCX ZINC DEC: ALL TARGETS COMPLETED IN BUY CALL GIVEN AT 100.8. CMP:103.2.

3.MCX GOLD FEB: SELL IN THE RANGE OF 20520-20540. WITH STOPLOSS OF 20585. TARGETS 20237 AROUND.

ALERTS & TRENDS :

1.(POSITIONAL)MCX ALUMINIUM DEC: BUY CALL STILL ACTIVATED FOR THE POSITIONAL TARGETS OF 107 AROUND. CMP: 105.8.

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.

COMMODITY CALLS ON 15 DECEMBER, 2010 (WEDNESDAY)

MCX TECH CALLS :

TRENDS & ALERTS :

1.MCX COPPER FEB: INTRADAY SUPPORTS ARE AT 418-415.1-412.9. RESISTANCE 422.1. OVERALL TREND IS BULLISH BUT TODAY REMAIN CAUTIOUS IF REMAINS BELOW 418.

2.MCX GOLD FEB: SUPPORTS ARE AT 20642-20589. RESISTANCE AROUND 20720-20789. TREND BULLISH IF REMAINS ABOVE 20720 OTHER WISE FLAT TO NEGATIVE.

3.MCX SILVER MARCH: STRONG SUPPORT AROUND 44340. IF REMAINS BELOW THIS WE COULD SEE 43991-43734 AROUND LEVELS ON A DOWNSIDE.CMP:44490.

4.MCX CRUDE OIL JAN: SUPPORT AROUND 4009 AND VERY STRONG SUPPORT AROUND 3978. ONLY BUYING ON DIPS IS RECOMMENDED. CMP: 4035.

5.(IMP)MCX ZINC DEC: VERY STRONG RESISTANCE AROUND 104.8 AND SUPPORT AROUND 102.5. OVER ALL TREND IS POSITIVE IF REMAINS ABOVE 104.8. TGT 107(SURESHOT).

INTRADAY CALLS :

1.MCX NICKEL DEC: BUY IN THE RANGE OF 1097-1092. WITH STOPLOSS OF 1081. TARGETS 1121-1134.CMP: 1103.6.

2.MCX LEAD DEC: SELL IN THE RANGE OF 108.9-109.1. WITH STOPLOSS OF 109.9. TARGETS 107.9-107. CMP: 108.6.

3.MCX COPPER FEB: SELL AT CMP: 417.3. WITH STOPLOSS OF 419. TARGETS 415.6-413.9.

4.MCX COPPER FEB: FIRST TARGET ACHIEVED IN SELL CALL GIVEN AT 417.3. CMP: 415.2.

5.MCX LEAD DEC: BOOK PARTIAL PROFIT AT CMP 108.3 IN SELL CALL GIVEN AROUND 109.

6.MCX NICKEL DEC: BOOK PARTIAL PROFIT AT 1107.2 IN BUY CALL GIVEN AROUND 1097. CMP: 1105.1.

COMMODITY CALLS ON 14 DECEMBER, 2010 (TUESDAY)

MCX TECH CALLS

INTRADAY CALLS :

1.MCX COPPER FEB: BUY IN THE RANGE OF 417.8-417.3 WITH STOPLOSS OF 414.8. TARGETS 423.1-427.8. CMP: 418.70.

2.MCX NICKEL DEC: BUY AT CMP: 1112 AND MORE AT 1102. WITH STOPLOSS OF 1093. TARGETS 1130-1151. CMP: 1112.

3.MCX GOLD FEB: FIRST TARGET COMPLETED AT 20690 IN BUY CALL GIVEN YESTERDAY AT 20580. CMP:20682.

4.MCX NICKEL DEC: BOOK PARTIAL PROFIT AT 1123.9 IN BUY CALL GIVEN AROUND 1111. CMP 1123.3.

5.MCX ALUMINIUM DEC: BOOK PARTIAL PROFIT AT 105.9 IN BUY CALL GIVEN AT 105. AND REST HOLD FOR TOMORROW FOR THE TARGETS 109.

6.MCX COPPER FEB: BOOK PARTIAL PROFIT AT 419.5 IN BUY CALL GIVEN AT 417.6 AROUND. CMP: 419.4.

7.MCX CRUDE OIL JAN: BOOK PARTIAL PROFIT AT 4050 THOSE WHO BOUGHT AT 4025 AND REST CAN HOLD FOR TOMORROW. CMP:4048.

ALERT & TRENDS :

1.MCX CPO DEC: IF STAYS ABOVE 533 IN TODAYS TRADE THAN TOMORROW WE COULD SEE 545 LEVELS. AGAIN RECOMMENDING BUY ON DIPS ONLY.

2.MCX ZINC DEC: NOW TRADING AT 105.6 AS WE RECOMMINDING REGULARLY FOR THE LEVEL OF 107.1 ON A UPSIDE. REMAIN BUY AT CMP AND MORE ON DIPS.

POSITIONAL CALLS :

1.MCX CRUDE OIL JAN: BUY AT CMP: 4048 AND MORE AT 4025 WITH STOPLOSS OF 4010. TARGETS 4082-4115.

2.(DON'T MISS CALL)MCX ALUMINIUM DEC: BUY AT CMP: 105.65 AND MORE AT 105 WITH STOPLOSS OF 104.4. TARGETS 107.3-111.1.

. FUNDAMENTAL NEWS 

1.CPO Fundamentals are still bullish but the market is likely to trade sideways to bullish. 1-15 export estimates due from cargo surveyors SGS and Intertek

COMMODITY CALLS ON 13 DECEMBER, 2010 (MONDAY)

MCX TECH CALLS

 TRENDS & ALERTS :

1.(WEEKLY)MCX NATURAL GAS DEC: STRONG SUPPORT AROUND 196. RESISTANCE AROUND 208-216-228. OVER ALL TREND IS BULLISH.CMP: 203.5.

2.(WEEKLY)MCX MENTHA OIL DEC- STRONG SUPPORT AROUND 995. RESISTANCE AROUND 1120. BUY IS RECOMMENDED ON 1000 AROUND LEVELS. CMP: 1039.

3.(ALERT)MCX ZINC DEC: AS WE REGULARLY SAYING THAT TREND IS VERY BULLISH TILL THE LEVEL AROUND 107. VERY STRONG SUPPORT AT 102.8. STILL BUY ON DIPS IS RECOMMENDED.

4.(ALERT)MCX ALUMINIUM: FROM LAST 10 WEEKS TAKING STRONG RESISTANCE AT 109.ONCE IT COMES OUT OF IT, WE COULD SEE AROUND 115 LEVELS. TREND BULLISH. CMP: 105.35.

5.MCX NATURAL GAS JAN: AS RECOMMENDING REGULARLY BUY ON DIPS, NOW TRADING AT 206.7. TARGETS AROUND 215-228-250 LEVELS. SUPPORT AROUND 197-191.

INTRADAY CALLS :

1.MCX SILVER FEB: SELL IN THE RANGE OF 44280-44320 AND MORE AT 44500. WITH STOPLOSS OF 44700. TARGETS 43887-43621-43456. CMP: 44200.

2.MCX COPPER FEB: BUY IN THE RANGE OF 416.1-415.5 AND MORE AT 414.2 WITH STOPLOSS OF 411.9. TARGETS 419.75-424.9. CMP: 417.35.

3.MCX GOLD FEB: BUY IN THE RANGE OF 20580-20560 WITH STOPLOSS OF 20539, TARGETS 20690-20785. RISKY PLAYERS CAN BUY AT CMP 20595.

4.MCX GOLD FEB: BOOK PARTIAL PROFIT AT 20640 IN BUY CALL GIVEN AT 20580.

5.MCX SILVER FEB: BOOK PARTIAL PROFIT AT 44350 IN SELL CALL 44500. CMP:44400.

FUNDAMENTAL NEWS

 

1.BMD CPO - Continued short covering and speculative buying, with tight supplies providing the underlying support, are extending the rise in palm oil prices.

COMMODITY CALLS ON 10 DECEMBER, 2010 (FRIDAY)

MCX TECH CALLS

INTRADAY CALLS :

1.MCX COPPER FEB:BUY IN THE RANGE OF 411.3-411 AND MORE AT 409.1 WITH STOPLOSS OF 407.TARGETS 418 AND ABOVE. CMP: 412.3.

2.MCX GOLD FEB: BOOK PARTILA PROFIT AT 29535 IN SELL CALL GIVEN AT 20593. CMP:20542.

3.MCX GOLD FEB: BOOK FULL PROFIT AT 20380 IN SELL CALL GIVEN AROUND 20593. CMP: 20400.

ALERTS & TRENDS:

1.MCX CPO DEC: AS WE ARE SAYING REGULARLY THAT TREND IS ONLY BULLISH. SUPPORTS ARE AROUND 515. RESISTANCE AT 533 ABOVE THIS 552. BUY ON DIPS.

2.MCX NICKEL DEC: RESISTANCE ARE AT 1085-1096. SUPPORTS ARE AROUND 1060-1051. TREND RANGE BOUND. THOSE WHO BOUGHT AT HIGHER LEVELS COULD WAIT.THANKS

3.MCX NATURAL GAS JAN: WE COULD SEE AROUND 215-228-250 LEVELS THIS MONTH ONLY. SUPPORT AROUND 191. BUY ON DIPS IS STRONGLY RECOMMENDED. CMP: 203.8.

4.MCX SILVER FEB: TILL THE TIME 44100(STRONG RESISTANCE) IS NOT BREACHED WE COULD SEE 42356-41600 LEVELS ON A DOWNSIDE VERY SOON.CMP:43150.

5.MCX SILVER: ONLY SELL ON RISE IS THE RIGHT STRATEGY TO WORK ON. SO PLEASE PAY ATTENTION TO TREND MSGS.SELL NEAR RESISTANCE IN MORNING MSG FROM MONDAY.

6.(VERY IMPORTANT ALERT)MCX SILVER FEB: TILL THE TIME 44100(STRONG RESISTANCE) IS NOT BREACHED WE COULD SEE 42356-41600 LEVELS ON A DOWNSIDE VERY SOON.CMP:43150.

NCDEX TECH CALLS

TRENDS :

1.NCDEX SOYREF OIL: TREND IS VERY BULLISH TILL THE LEVEL OF 608(SURE SHOT). ANY DIP IS STRONGLY RECOMMENDED TO BUY. CMP: 587.3

FUNDAMENTAL NEWS

1.BMD CPO: Malaysia's November crude palm oil output fell 11% from the previous month to 1.46 million metric tons.

COMMODITY CALLS ON 09 DECEMBER, 2010 (THURSDAY)

MCX TECH CALLS

ALERTS:

1.MCX NICKEL DEC: BUY CALL IS STILL ACTIVATED GIVEN AT 1065 AROUND. REVISED TARGETS ARE 1116-1143. TRAIL SL TO 1050.BUY MORE ON DIPS. CMP:1098.

2.MCX NICKEL DEC: RISKY PLAYERS CAN ADD MORE POSITIONS AT CMP ALSO: 1098 AND OTHERS BUY IN THE RANGE 1092-1088. TARGETS ARE 1116-1144. CMP: 1098.

3.MCX NG DEC: AS RECOMMENDING REGULARLY THAT AT THE END OF DEC WE COULD SEE AROUND 250 LEVEL FROM AROUND 191. NOW TRADING AT 209.6, TARGETS 215-228-250.

4.MCX ALU DEC: FROM LAST 10 WEEKS TAKING STRONG SUPPORT AROUND 102 AND RESISTANCE AT 109.ONCE IT COME OUT OF THIS RANGE,WE CUD SEE 115.TREND BULLISH.

5.(IMP) MARKET REPORT:SHARE MARKET DOWN 2%, WE COULD SEE SOME CORRECTION IN COMMODITY MARKET. SO TRADE ON CAUTIOUS SIDE AND MAINTAIN STRICT STOPLOSS.THANKS

6.MCX GOLD FEB: NOW TRADING AT 20550. MADE A HIGH OF 20644. OUR RESISTANCE WAS AT 20640 AROUND. AND MENTIONED TREND DOWN.

7.MCX SILVER FEB: NOW TRADING AT 43480. MENTIONED RESISTANCE AROUND 43850. MADE AHIGH OF 43895.

TRENDS:

1.MCX LEAD DEC: SUPPORTS ARE AROUND 107.7-106.1. RESISTANCE AROUND 112. TREND VERY BULLISH. BUY ON DIPS IS STRONGLY RECOMMENDED. CMP:109.

2.MCX ZINC DEC: SUPPORT AROUND 102-100.9. RESISTANCE AROUND 107. TREND BULLISH. BUY ON DIPS. CMP: 103.2.

3.MCX GOLD FEB: RESISTANCE AROUND 20630-20650. SUPPORT AROUND 20280. TREND DOWN. CMP: 20553.

4.MCX SILVER FEB: RESISTANCE AT 43843. SUPPORT ARE AROUND 42898-42391. TREND FLAT TO DOWN. CMP: 43260.

INTRADAY CALLS:

1.MCX CRUDE OIL DEC: BUY IN THE RANGE OF 4014-4010. AND MORE AT 3990. WITH STOPLOSS OF 3978. TARGETS 4053-4079. CMP:4020.

2.MCX NATURAL GAS DEC: BUY IN THE RANGE OF 204.5-204 AND MORE AROUND 202. WITH STOPLOSS OF 200.8. TARGETS 213 AROUND. CMP: 207.1.

3.MCX ZINC DEC: BOOK PARTIAL PROFIT AT 103.2 IN BUY CALL RECOMMENDED ON DIPS. MADE A LOW OF 102.05 AND SUPPORT GIVEN AT 102.

FUNDAMENTAL NEWS

1.MCX CPO: Hitting fresh 29-month high at MYR3,640/ton early in session, but tight global vegetable oils supply outlook is the main catalyst.

COMMODITY CALLS ON 08 DECEMBER, 2010 (WEDNESDAY)

MCX TECH CALLS

INTRADAY CALLS :

1.MCX CRUDE OIL DEC: BUY AT 3950 AND MORE AROUND 3935. WITH STOPLOSS OF 3904. TARGETS 4009-4043. CMP: 3959.

2. MCX SILVER FEB: SELL IF COMES AROUND 43900 AND MORE AT 44200. TARGETS AROUND 43190. STOPLOSS WILL BE INITIATED ONCE PRICES WILL COME IN THE RANGE.

3. MCX GOLD FEB: SELL IF COMES IN THE RANGE OF 20670-20690 IN SMALL QUANTITY AND MORE AT 20740. WITH STOPLOSS 20790. TARGETS 20500-20341. CMP: 20600.

4.MCX GOLD FEB: BOOK PARTIAL PROFIT AT CMP 20635 IN BUY CALL GIVEN IN THE RANGE OF 20670-20690. CMP 20644.

5.MCX CRUDE OIL DEC: BUY AT 3950 AND MORE AROUND 3935. WITH STOPLOSS OF 3904. TARGETS 4009-4043. CMP: 3959.

6. MCX SILVER FEB: BOOK PARTIAL PROFIT AT CMP 43655 IN SELL CALL GIVEN AROUND 43900.

7.MCX SILVER FEB: BOOK FULL PROFIT AT 43500 IN SELL CALL GIVEN AT 43900 AROUND.

8.MCX GOLD FEB: BOOK FULL PROFIT AT 20510 IN SELL CALL GIVEN AT 20690 AROUND. CMP: 20516.

IMPORTANT ALERTS:

1.MCX ZINC DEC: IT MADE A LOW OF 99.75 AND WE MENTIONED THAT 99.6 IS VERY STRONG SUPPORT. NOW TRADING AT 103.05.

2.MCX COPPER FEB: REGULARLY RECOMMENDING BUYING FOR THE TARGET OF 428. SUPPORT AROUND 392. CMP: 408.2.

3.MCX CRUDE: TREND IS VERY BULLISH BECAUSE AFTER 14 MONTHS IT HAS GIVEN A BREAKOUT. NOW STRONG SUPPORT AT 3850. WE COULD SEE 4160 VERY SOON.

IMPORTANT TRENDS:

1.MCX COPPER FEB: SUPPORTS ARE AT 400-396.4-393.2. RESISTANCE ARE AT 402.9-405.1. OVERALL TREND IS BULLISH. BUY ON DIPS IS RECOMMENDED. CMP:400.9.

2.MCX ZINC DEC: VERY STRONG SUPPORT IS AROUND 99.6. RESISTANCE 102.4-103.9-106.7. TILL THE TIME REMAIN ABOVE 99.3. TREND IS BULLISH. CMP:101.

3.MCX NG DEC:SUPPORTS AROUND 196.2-194.1-191.5 (MAJOR SUPPORT). OVERALL TREND IS BULLISH.TARGETS AROUND 215-228-250. BUY ON DIPS. CMP: 199.6.

 FUNDAMENTAL NEWS

1.CPO:Downside is limited as output will remain weak in December, with availability of oils expected to be tight. Says Kuala Lumpur based broker.

COMMODITY CALLS ON 07 DECEMBER, 2010 (TUESDAY)

MCX TECH CALLS

INTRADAY CALLS :

1.MCX SILVER FEB: SELL IN THE RANGE OF 45418-45450. WITH STOPLOSS OF 45550. TARGETS 45104-44932. CMP: 45260.

POSITIONAL CALLS :

1.MCX LEAD DEC: BUY CALL IS STILL ACTIVATED AROUND 105 GIVEN ON FRIDAY. TARGET AROUND 109. CMP: 105.9.

2.MCX NICKEL FEB: BOOK PARTIAL PROFIT AT CMP 1082.2 IN POSITIONAL BUY CALL GIVEN YESTERDAY AROUND 1065.

3.MCX ZINC DEC: ALL TARGETS ARE ACHIEVED AT 104 IN POSITIONAL BUY CALL GIVEN ON FRIDAY AT AROUND 99.5. CMP 103.9.

4.MCX LEAD DEC: ALL TARGETS ARE ACHIEVED AT 109 IN POSITIONAL BUY CALL GIVEN ON FRIDAY AROUND 105.5. CMP: 108.8.

ALERTS :

1.MCX COPPER FEB: BUY CALL IS STILL ACTIVATED GIVEN YESTERDAY AT 397.5. REVISED TARGETS AROUND 403.1-405. CMP: 401.7.

2.MCX CPO DEC : AS RECOMMENDING REGULARLY TREND IS BULLISH BUT FACING RESISTANCE AROUND 533,ONCE IT BREAK THIS LEVEL,WE CUD SEE AROUND 556 LEVEL. SUPPORTS 510-502.

3.IMP ALERT:MCX N.G DEC:WE ARE RGULARLY SAYING THAT WE ARE EXPECTING CLOSING PRICE BY THE END OF DEC WOULD BE 250 AROUND. SO BUY ON DIPS IS STRONGLY RECOMMENDED. 

TRENDS :

1.MCX GOLD FEB: SUPPORTS ARE AROUND 20795-20656 RESISTANCE AROUND 20961-21110. OVERALL TREND IS BULLISH. CMP: 20882.

 NCDEX TECH CALLS

TRENDS :

1.NCDEX SOYA REF. DEC: AS SAYING REGULARLY SUPPORTS ARE AROUND 575- 565.2, OVERALL TREND IS BULLISH. WE COULD SEE AROUND 596-608 LEVELS. CMP: 585.9.

2.NCDEX MUSTARDSEED DEC: VERY STRONG SUPPORT AROUND 565-560, TILL THE TIME IT REMAINS ABOVE THIS LEVEL, WE COULD SEE AROUND 602 LEVEL. TREND IS BULLISH. CMP: 576.

COMMODITY CALLS ON 06 DECEMBER, 2010 (MONDAY)

MCX TECH CALLS

INTRADAY CALLS:

1.MCX COPPER FEB: BUY AT CMP:398.6 AND MORE ON 397.5 WITH STOPLOSS OF 397. TARGETS 400.2-402.9.

2. MCX COPPER FEB: BOOK PARTIAL PROFIT AT 399.4 IN BUY CALL GIVEN AT 397.5. CMP: 398.8.

POSITIONAL CALLS :

1. MCX LEAD DEC: BUY IS ACTIVATED FROM THE LEVEL OF 105.2 GIVEN ON FRIDAY. TARGET AROUND 109. CMP: 106.5.

2. MCX ZINC DEC: BUY CALL IS ACTIVATED FROM THE LEVEL OF 99.5 GIVEN ON FRIDAY. POSITIONAL TARGET 104 AROUND. CMP: 101.3.

3. MCX NICKEL DEC: BUY IN THE RANGE OF 1068-1065 AND MORE IN THE RANGE OF 1045-1042. WITH STOPLOSS OF 1021. TARGETS 1103-1132. CMP:1074.

4. MCX CRUDE DEC: ALL TARGETS ARE ACHIEVED ON SATURDAY AT 4016 IN POSITIONAL BUY CALL GIVEN AT 3885 ON 30 NOV. CMP: 4026 . 

IMPORTANT ALERT :

1. MCX NATURAL GAS DEC: NOW TRADING AT 199.AS WE ARE REGULARLY RECOMMENDING TO REMAIN BUY TILL THE TIME IT REMAINS ABOVE 191. TARGETS 215-228-250.

2. MCX COPPER FEB: REGULARLY RECOMMENDING BUYING FOR THE TARGET OF 428. SUPPORT AROUND 384. BUY ON DIPS. CMP:400.

3. (VERY VERY IMP ALERT) MCX CRUDE: TREND IS VERY BULLISH BECAUSE AFTER 14 MONTHS IT HAS GIVEN A BREAKOUT. NOW STRONG SUPPORT AT 3850. WE COULD SEE 4300 VERY SOON.

NCDEX TECH CALLS

IMPORTANT ALERT :

1. NCDEX CHANA: STILL VERY BULLISH TILL THE 2650(SURESHOT). STRONG RECOMMENDATION TO BUY ON EVERY DIP.SUPPORT 2497-2460. CMP:2548.

FUNDAMENTAL NEWS

1.  MCX CPO DEC: sentiment bullish ahead of MPOB production, export data due Friday; output likely to drop 6%-10% on month due to heavy rain.

 

COMMODITY CALLS ON 03 DECEMBER, 2010 (FRIDAY)

MCX TECH CALLS

INTRADAY CALLS:

1.(DON'T MISS)MCX LEAD DEC: BUY SOME AT MARKET OPENING AND MORE IN THE RANGE OF 105.5-105.2 WITH SL OF 103.8. TARGET 109.2 - 110.9. LAST CLOSE 106.3.

2. MCX CRUDE OIL DEC: FIRST TARGET COMPLETED AT 3972 IN POSITIONAL BUY CALL GIVEN AT 3885 AROUND. CMP: 3973.

3. MCX ZINC DEC: BOOK PATIAL PROFIT AT 101 IN BUY CALL GIVEN AT 100 AROUND. CMP: 100.9.



IMPORTANT ALERTS :

1. MCX N.G DEC: AS WE ARE SAYING REGULARLY THAT 191 IS VERY STRONG SUPPORT. TILL THE TIME 191 IS HOLD TREND WILL REMAIN BULLISH FOR THE LEVEL 215-228-250.

2. COPPER FEB: WE ARE VERY BULLISH IN THIS COUNTER TILL THE LEVEL OF 428. SUPPORT AROUND 375, ANY GOOD DIP IS STRONGLY RECOMMENDED TO BUY.

3. ZINC DEC: AS RECOMMENDED THAT 104 LEVELS COULD BE TOUCH SOON.YESTERDAY MADE A LOW OF 99.9. BUYING RECOMMENDATION ON DIP IS STILL ACTIVATED.CMP: 101.1.



TRENDS : 



1. MCX GOLD FEB: RESISTANCE IN THE RANGE OF 20620-20640. SUPPORT AT 20509-20439. TREND DOWN TILL THE TIME REMAINS BELOW 20640.

2. MCX SILVER MARCH: RESISTANCE AT 43490-43600. SUPPORT AT 43117-42822. TREND DOWN BELOW 43050. CMP:43390.



POSITIONAL CALLS : 

1. (SMALL QUANTITY) MCX ZINC DEC: BUY IN THE RANGE OF 100.2-100 AND MORE AT 99.5. WITH STOPLOSS OF 98.9. TARGET 104 AROUND.

FUNDAMENTAL NEWS

1. MCX CPO : Global crude palm oil output may rise by more than 3.5 million metric tons next year.a leading industry analyst said on Friday.

2. Ref Soy Oil : Futures amid strong export demand, worries about Argentina's soybean crop due to adverse weather, support from crude oil futures.

COMMODITY CALLS ON 02 DECEMBER, 2010 (THURSDAY)

MCX TECH CALLS

INTRADAY CALLS :

1. MCX NICKEL DEC:  BUY IN THE RANGE OF 1078-1076. WITH STOPLOSS OF 1064. TAREGTS 1093-1108. CMP: 1084.

2. MCX ZINC DEC: BOOK PARTIAL PARTIAL PROFIT AT 102. IN BUY CALL GIVEN AT 100.

POSITIONAL CALLS :

1. MCX ZINC DEC: BOOK PARTIAL PROFIT AT CMP 100.5 IN BUY CALL GIVEN YESTERDAY AT 98.9.

2. MCX CRUDE OIL DEC:POSITIONAL BUY CALL IS STILL ACTIVATED GIVEN ON 30    NOV.10. AT 3912 AND MORE ON 3885.TARGETS 3972-4016.CMP:3952.

3.MCX LEAD DEC: BUY IN THE RANGE OF 104-4-104.2. WITH STOPLOSS OF 103.9. TARGETS 107.5 AROUND.

4. MCX LEAD DEC: ALL TARGETS COMPLETED AT 107.5 IN BUY CALL GIVEN AT 105. CMP: 107 .



IMPORTANT ALERT:

1.MCX ZINC DEC : WE COULD SEE 104 AROUND LEVELS VERY SOON. WE ARE STRONGLY RECOMMENDING TO BUY ON DIPS AND HOLD. SUPPORT AROUND 98.7. CMP: 101.

2. MCX GOLD FEB: VERY STRONG SUPPORT IN THE RANGE 20560-20540. IF THESE LEVELS HOLDS TILL TOMORROW THAN WE COULD SEE STRONG PULL BACK IN PRICES.

3. MCX NG DEC:VERY STRONG SUPPORT AT 191, BELOW THIS WE COULD SEE 188.5 LEVELS. ON INVENTORY WE ARE EXPECTING PRICES TO RISE TILL THE LEVEL 201-204.1.

4. MCX COPPER JAN: WE ARE VERY BULLISH IN THIS COUNTER TILL THE LEVELS OF 428.1. SUPPORT AROUND 373. ANY DIP IS STRONGLY RECOMMENDED TO BUY.

NCDEX TECH CALLS

INTRADAY CALLS:

1. (DON'T MISS CALL) NCDEX MUSTURD SEED DEC: TARGET COMPLETED AT 575 IN BUY CALL GIVEN AT 568. CMP: 575.

2. NCDEX REF SOYA OIL: NOW TRADING AT 588. OUR RECOMMENDATION OF BUYING IS FROM THE LEVEL OF 567. FINAL TARGETS ARE 605 IN COMING DAYS.

COMMODITY CALLS ON 01 DECEMBER, 2010 (WEDNESDAY)

MCX TECH - CALLS

1. MCX NICKEL DEC: BOOK PRTIAL PROFIT AT 1062 IN POSITIONAL BUY CALL GIVEN AT 1044 ROUND. CMP: 1061.4 .

2. (ALERT) MCX NATURAL GAS DEC: BOOK PARTIAL PROFIT AT 194.5 IN BUY CALL RECOMMENDED YESTERDAY AROUND 192. CMP: 194.2.

3. MCX COPPER JAN: BUY IN THE RANGE OF 387.5-387. WITH STOPLOSS OF 383.6. TARGETS 391-393.4. RISKY PLAYERS BUY AT CMP: 388.5. 

4. (TREND) MCX SILVER MARCH: SUPPORT AT 42650. RESISTANCE AT 43560-43788. TREND BULLISH. BUY ON DIPS IS RECOMMENDED. CMP: 43270. 

5. MCX CPO DEC: NOW TRADING AT 513. WE ARE RECOMMENDING BUYING FROM THE LEVEL OF 490. TARGETS ARE 516-523.

6. (TREND) MCX MENTHA OIL DEC: SUPPORTS ARE AT 1224-1209. RESISTANCE ARE AT 1249-1267. TREND BULLISH. CMP: 1239.

7. MCX GOLD FEB: BUY AT CMP: 20830 IN SMALL QUANTITY AND MORE IN THE RANGE OF 20760-20740. WITH STOPLOSS OF 20630. TARGETS 20931-21008.

8. MCX CRUDE OIL DEC: BUY IN THE RANGE OF 3865-3855. WITH STOPLOSS OF 3842. TARGETS 3909-3931. CMP: 3878.

9. MCX COPPER FEB: BOOK PARTIAL PROFIT AT 390.2 IN BUY CALL GIVEN AT 388.3 AROUND. CMP 389.8.

10. MCX NICKEL DEC: ALL TARGETS ARE COMPLETED AT 1075 IN BUY CALL GIVEN AT 1044. CMP: 1071.

11. (POSITIONAL CALL) MCX ZINC DEC:BUY AT CMP:98.9 AND MORE IN THE RANGE OF 97.5. WITH STOPLOSS OF 96.2. TARGETS 101-103.2.

12. MCX CPO DEC: HITS THE TARGET OF 520 IN BUY CALL.

13. MCX SILVER FEB: SELL AT CMP:43219 AND MORE AT 43300. WITH STOPLOSS OF 43430. TARGETS 42949-43734.

14. MCX COPPER JAN: ALL TARGETS COMPLETED AT 393.4 IN BUY CALL GIVEN AT 388.5.

15. (POSITIONAL CALL) MCX CRUDE OIL DEC: BOOK PARTIAL PROFIT AT 3915 IN BUY CALL GIVEN AT 3885. CMP: 3912.

16. MCX SILVER FEB: FIRST TARGET COMPLETED AT 42945 IN SELL  CALL GIVEN AROUND 43300. CMP: 43000.

17. MCX GOLD FEB: STOPLOSS TRIGGERED AT 20630 IN BUY CALL GIVEN AT 20830 IN SMALL QUANTITY AND IN THE RANGE 20760-20740.

18. (ALERT) MCX GOLD FEB: VERY STRONG SUPPORT IN THE RANGE 20560-20540. IF THESE LEVELS HOLDS TILL TOMORROW THAN WE COULD SEE STRONG PULL BACK IN PRICES.

NCDEX TECH-CALLS

1. NCDEX STEEL LONG DEC: NOW TRADING AT 24850. WE ARE RECOMMENDING BUYING FROM THE LEVEL OF 24690. NOW RESISTANCE AT 24930. BUY ON DIPS.

2. NCDEX REF SOYA OIL DEC: NOW TRADING AT 574. WE RE RECOMMENDING BUYING FROM THE LEVEL OF 568. POSITIONAL TARGET AROUND 605.