COMMODITY CALLS ON 17 JANUARY, 2011 (MONDAY)

MCX TECH CALLS

POSITIONAL CALLS:

1.MCX MENTHA OIL JAN: BOOK PARTIAL PROFIT AT CMP: 1158 IN SELL CALL STRONGLY RECOMMENDED ON LAST FRIDAY BELOW 1169.

2.MCX NATURAL GAS JAN: REVISED TARGETS OF POSITIONAL BUY CALL ARE 207.5- 213.2-221. REVISED STOPLOSS IS ----. CMP: 205.3.

3.MCX GOLD FEB: BOOK PARTIAL PROFIT IN INTRADAY AROUND 20220 AND SELL AGIAN ON RISE FOR THE POSITIONAL TARGET OF ----. CMP:20245.

INTRADAY CALLS:

1.MCX NICKEL JAN: BUY IN THE RANGE OF 1164-1159. WITH STOPLOSS OF 1152. TARGETS 1182-1198. CMP: 1170.

2.MCX NICKEL JAN: FIRST TARGET ACHIEVED AT 1182 BUT PRICES DIDN'T COME IN THE RANGE AND MISSED BY JUST 3.5 POINTS. NOW DON'T EXECUTE. CMP: 1183.7.

TRENDS AND ALERTS:

1.(WEEKLY)MCX SILVER MAR: WE COULD SEE 42977 ON A DOWNSIDE THIS WEEK. RESISTANCE 44270 AROUND. TREND IS DOWN. CMP: 43770.

2.(VERY IMP)MCX COPPER:TREND IS HIGHLY BULLISH TILL THE LEVEL OF 552 INCOMING MONTHS TO COME.AS REGULARLY SAYING TO MAKE HOLDING POSITION AS PER UR RISK CAPACITY.

3.(VERY IMP)MCX NICKEL:REGULARLY SAYING THAT TREND IS VERY BULLISH TILL THE LEVEL OF 1320.MAKE HOLDING POSITION AS PER UR RISK CAPACITY.

4.(WEEKLY)MCX CPO FEB: RESISSTANCE AROUND 562-570 AND SUPPORTS ARE AROUND 544.6-531. TREND RANGE BOUND. CMP: 555.

5.MCX ZINC JAN: FROM LAST 13 DAYS TAKING STRONG RESISTNACE AROUND 112.5. CLOSING ABOVE OR REGULARLY STAYS ABOVE THIS THAN INCREASE YOUR HOLDING POSITIONS.