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.