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.