COMMODITY CALLS ON 31 JANUARY, 2011 (MONDAY)

MCX TECH CALLS

ALERTS AND TRENDS:

1.MCX MENTHA OIL JAN: SELL CALL IS STILL ACTIVATED, STOPLOSS 1185, TARGETS AROUND 1116-1077. CMP 1148.8.

2.MCX NATURAL GAS: BUY CALL IS STILL ACTIVATED WITH STOPLOSS OF 196, TARGET AROUND 207.1. CMP 201.7.

3. MCX COPPER FEB: SUPPORTS AROUND 444.1-440.5, RESISTANCE AROUND 451.3. TREND IS BULLISH. BUY ON DIPS IS STRONGLY RECOMMENDED. CMP 447.85.

4. COMEX LEVEL : GOLD: SUPPORTS AROUND 1324.2, RESISTANCE AROUND 1344.1-1352.1. SELL ON RISE IS STRONGLY RECOMMENDED. TRADE ACCORDINGLY IN MCX CMP: 1334.35.

5.MCX COPPER:WE ARE SAYING REGULARLY TO BUY ON GOOD DIPS IS STRONGLY RECOMMENDED, NOW TRADING AT 447.9. WE COULD SEE AROUND 475-570 LEVELS INCMOING MONTHS.

6.MCX NICKEL: AS RECOMMENDING REGULARLY TO BUY ON EVERY GOOD DIPS TILL THE LEVEL AROUND 1320, NOW TRADING AT 1243.1.

7.(WEEKLY ) MCX SILVER MAR: MAJOR SUPPORT AROUND 42800, IF IT REMAINS ABOVE THIS LEVEL THAN WE COULD SEE AROUND 44100-44700 LEVELS TILL WEDNESDAY. CMP 43365.

8.MCX SILVER MAR: AS WE SAID THAT 42800 IS STRONG SUPPORT AND TODAY LOW IS 42782. NOW WE COULS SEE 44100-44700.CMP:43320.

9.MCX COPPPER FEB: MADE A HIGH OF 450.8 NEAR OUR RESISTANCE 451. STILL VERY BULLISH TILL IT REMIANS ABOVE 445. TARGETS 466 AROUND YHIS WEEK. CMP:450 .

POSITIONAL CALLS: (ONLY FOR PAID CLIENTS)

1.MCX MENTHAOIL JAN: FIRST TARGET ALMOST ACHIEVED AT 1120.5 IN SELL CALL GIVEN AROUND 1171. OUR TARGET WAS 1116. CMP 1131.8.

2.MCX CRUDE OIL FEB: BUY AT CMP: 4152 AND MORE AT 4126 WITH STOP OF ----. TARGETS ---- AND -----.

3.MCX CRUDE OIL FEB: BOOK PARTIAL PROFIT AT 4195 IN BUY CALL GIVEN AT 4152.

4.MCX CRUDE OIL FEB: FIRST TARGET COMPLETED AT 4233 IN BUY CALL GIVEN AT 4152.

5.MCX N.G FEB: BUY AT CMP: 201.7 AND MORE AT 200.5 WITH STOP OF ----. TARGETS ---.

INTRADAY CALLS:

1.MCX LEAD FEB: BUY IN THE RANGE OF 113.4-113 WITH STOPLOSS OF 112.1, TARGETS AROUND 116.9-119.5. CMP 113.75.