COMMODITY CALLS ON 12 JANUARY, 2011 (WEDNESDAY)

MCX TECH CALLS

POSITIONAL CALLS:

1.(ALERT)MCX ZINC JAN: ADD SOME MORE POSITIONS AT CMP: 109.5 IN BUY CALL GIVEN YESTERDAY AROUND 108.8. REVISED TARGETS ARE --------.

2.MCX MENTHA OIL JAN: BOOK PARTIAL PROFIT AT 1170 IN SELL CALL GIVEN YESTERDAY AROUND 1191. CMP: 1173.

3.MCX ZINC JAN: FIRST TARGET ACHIEVED AT 110.2 IN BUY CALL GIVEN YESTERDAY AROUND 109. CMP:110.2.

4.MCX GOLD FEB: STOPLOSS TRIGGERED AT 20447 IN SELL CALL GIVEN YESTERDAY AROUND 20410. CMP: 20440.

INTRADAY CALLS:

1.MCX LEAD JAN: BUY AT CMP:119.2 WITH STOPLOSS OF 118.5. TARGETS 119.8-121-123.2.

2.MCX LEAD JAN: FIRST TARGET ACHIEVED AT 119.8 IN BUY CALL GIVEN AT 119.2. CMP: 119.5.

3.MCX ZINC JAN: BUY AGAIN IN THE RANGE OF 109.6-109.4 WITH STOPLOSS OF 108.8. TARGETS 110.8-112.2. CMP: 110.

TRENDS AND ALERTS:

1.MCX CPO JAN:AS WE RECOMMENDED DAY BEFORE YESTERDAY THAT SHORT TERM TREND IS DOWN BELOW 557. TODAY SUPPORTS AT 443 AROUND. TREND IS STILL DOWN.

2.MCX COPPER FEB: INTRADAY TREND IS BULLISH TILL THE LEVEL OF 440.7. STRONG SUPPORT AROUND 435. BUY IS RECOMMENDED NEAR SUPPORT. CMP: 437.8.

NCDEX TECH CALLS

INTRADAY CALL:

1.NCDEX SOY OIL REF JAN: SELL AT CMP:627.5 WITH STOPLOSS OF 632. TARGET 620 AND BELOW.

TRENDS AND ALERTS:

1.(INTRADAY) NCDEX JEERA JAN: DOWNSIDE STRONG SUPPORTS IS AROUND 13920. CURRENTLY TREND IS DOWN. RESISTANCE AROUND 14300. CMP:14190.