COMMODITY CALLS ON 27 JANUARY, 2011 (THURSDAY)

MCX TECH CALLS

INTRADAY CALLS:

1. MCX ALUMINIUM JAN: BUY IN THE RANGE OF 108-107.8 WITH STOPLOSS OF 107.1. TARGETS 109.3-110.2. CMP: 108.2.

2. MCX COPPER FEB: SELL AT CMP: 338 AND MORE AT 339 WITH STOPLOSS OF 340. TARGETS 336-334.6.

3. MCX COPPER FEB: BOOK PARTIAL PROFIT AT 437.2 IN SELL CALL GIVEN AT 439. CMP: 437.4.

4. MCX COPPER FEB: FIRST TARGET ACHIEVED AT 436 IN SELL CALL GIVEN AROUND 439. CMP 436.1

POSITIONAL CALL: 1. MCX NATURAL GAS JAN: STOPLOSS TRIGGERED AT 205.9 IN BUY CALL GIVEN AROUND 210. CMP 205.7

TRENDS AND ALERTS: 

1. (TREND)MCX ZINC JAN: SUPPORT AT 101 AND RESISTANCE AROUND 104.1-105.5. TREND IS BULLISH TILL 101 IS HOLD ON A DOWNSIDE.CMP:102.8.
2. (ALERT) MCX NICKEL: AS WE ARE RECOMMENDING REGULARLY BUY ON EVERY GOOD DIP TILL THE LEVEL AROUND 1320. NOW TRADING AT 1208.5. THANKS
3. (TREND) COMEX GOLD:SUPPORTS AROUND 1340.1-1337.9, RESISTANCE AROUND 1352.8-1356.1. TREND IS BULLISH. BUY ON DIPS NEAR SUPPORT IS STRONGLY RECOMMENDED. CMP: 1344
4. (ALERT) MCX MENTHA JAN: SELL CALL IS STILL ACTIVATED, STOPLOSS 1185, TARGETS 1116-1077. CMP 1152.6
5. (IMP ALERT)MCX CRUDE FEB:SHORT TERM TREND IS NEGATIVE AROUND 3902/3879. BUT OVERALL TREND IS VERY BULLISH SO RECOMMENDED STRONG BUY IN HEAVY LOTS NEAR SUPPORTS
6. (IMP ALERT)MCX SILVER MAR: WE ARE STILL BEARISH TILL IT REMAINS BELOW 43000 ON CLOSING BASIS. DOWNSIDE SUPPORT IS 40300 AROUND IN COMING DAYS. THANKS
7. (IMP ALERT) MCX LEAD FEB:RESISTANCE AROUND 114.2, STRONG SUPPORT AROUND 108. TREND IS RANGE BOUND.IF IT REMAINS BELOW 108, THEN WE COULD SEE AROUND 104. THANKS