COMMODITY CALLS ON 24 JANUARY, 2011 (MONDAY)

MCX TECH CALLS

INTRADAY CALLS:

1. MCX COPPER FEB: BUY IN THE RANGE OF 439.6-439.1 WITH STOPLOSS OF 436, TARGETS 445 AND ABOVE. CMP 440.5

2. MCX LEAD JAN: BUY IN THE RANGE OF 114-113.8 WITH STOPLOSS OF 113.1, TARGETS 115.1-116.5. CMP 114.1

3. MCX LEAD JAN: PLEASE REVISE STOPLOSS OF AT 112.5 IN BUY CALL GIVEN AROUND 114. THANKS

4. MCX LEAD JAN: STOPLOSS TRIGGERED AT 112.5 IN BUY CALL GIEVN IN THE RANGE OF 114.-113.8. CMP 112.15

5. MCX CRUDEOIL FEB: SELL IN THE RANGE OF 4080-4085 WITH STOPLOSS OF 4114, TARGETS AROUND 4035-4007.

6. MCX COPPER FEB: EXIT AT CMP 438.2 IN BUY CALL GIVEN IN THE RANGE OF 439.6-439.1.

7. MCX CRUDE OIL FEB: FIRST TARGET ACHIEVED AT 4035 IN SELL CALL GIVEN AT 4080. CMP: 4028

POSITIONAL CALL:

1. MCX CRUDE OIL FEB:  ALL TARGETS ACHIEVED AT 4066 IN SELL CALL GIVEN AROUND 4107.

TRENDS AND ALERTS:

1. (OPEN CALL) POSITIONAL BUY: NATURAL GAS / ZINC. BULLISH OPEN ALERT: NICKEL / COPPER. POSITIONAL SELL: MENTHA OIL. CHECK PLEASE THANKS.

2. MCX NICKEL JAN: TAKING VERY STRONG SUPPORT AROUND 1170. TREND IS HIGHLY BULLISH TILL 1300 ANND ABOVE. STRONG RECOMMENDED TO BUY ON DIPS. THANKS.

3. MCX GOLD FEB: SUPPORT AROUND 20075. RESISTNACE AROUND 20192-20245. INTRADAY TREND IS BULLISH. BUY ON DIPS IS RECOMMENDED. CMP: 20122.

4. MCX ALUMINIUM JAN: RESISTANCE AROUND 111, SUPPORT AROUND 108.05-106.6. OVERALL TREND IS BEARISH. SELL ON RISE IS RECOMMENDED. CMP: 109.55

5. (WEEKLY) MCX GOLD FEB: RESISTANCE AROUND 20237, SUPPORTS AROUND 19872. OVERALL TREND WILL BE BEARISH TILL IT REMAINS BELOW 20250. CMP: 20079

6. (WEEKLY) MCX NATURAL GAS: SUPPORT AROUND 212.1-210.1, RESISTANCE AROUND 235-252, TREND BULLISH. CMP: 218.6

7. (WEEKLY) MCX SILVER MAR: RESISTANCE AROUND 43300, SUPPORT AROUND 41811, TREND BEARISH IF IT REMAINS BELOW 43300. CMP: 42679