COMMODITY CALLS ON 09 FEBRUARY, 2011 (WEDNESDAY)

MCX TECH CALLS

INTRADAY CALLS:

1. MCX GOLD APR: BUY IN THE RANGE OF 20320-20310. WITH STOPLOSS OF 20300. TARGETS 20375-20455. RISKY CAN BUY AT CMP:20332. THANKS

2. BUY AT CMP: 3982 AND MORE AT 3955. WITH STOPLOSS OF 3935. TAREGTS 4040-4082.

3. MCX SILVER MAR: SELL IN THE RANGE OF 45830-45850 AND MORE AT 45968. STOPLOSS OF 46020 TARGETS 45507-45260.CMP: 45765.

4. MCX COPPER FEB: BUY AT 456 AND MORE AT 455 WITH STOPLOSS OF 453.4. TARGET 460-463. CMP: 456.3

5. SMALL CALL- MCX NICKEL FEB: BUY AT CMP: 1289 AND MORE AT 1285 WITH STOP OF 1280. TARGET 1296-1305.

6. MCX ZINC FEB: BUY AT CMP:112.55 WITH STOPLOSS OF 112. TARGETS 113.3-114.1.

FOLLOW UPS:

1. MCX GOLD APR: FIRST TARGET COMPLETED AT 20375 IN BUY CALL GIVEN AROUND 20332. CMP: 20357.

2. MCX SILVER MAR: STOP TRIGGERED AT 46020 IN SELL CALL GIVEN AROUND 45850.

3. MCX NICKEL FEB: FIRST TARGET COMPLETED AT 1296 IN BUY CALL GIVEN AT 1289. CMP: 1297.

4. MCX CRUDE OIL FEB: BOOK PARTIAL PROFIT AT 4005 IN BUY CALL GIVEN AROUND 3980. CMP:4000.

5. MCX NICKEL FEB: SECOND TGT COMPLETD AT 1305 IN BUY CALL GIVEN AROUND 1289. CMP:1305.

TRENDS AND ALERTS:

1. WEEKLY TREND: MCX ZINC FEB: SUPPORTS AROUND 109.7-108. RESISTANCE AT 115. TREND IS HIGHLY BULLISH. BUY ON DIPS IS STRONGLY RECOMMENDED (DON'T MISS).

2. TREND: MCX CPO FEB - RANGE BOUND FROM LAST 6 DAYS BETWEEN 580-590 AS WE SAID. TREND FLAT TO POSITIVE. RESISTANCE 600 PSYCHOLOGICAL LEVEL. THANKS

3. TREND: MCX NICKEL FEB- RESISTANCE AROUND 1287 IF HOLDS FOR SOME TIME THAN COULD ALSO TOUCH 132O THIS WEEK. SUPPORT 1255. WATCH 1287. CMP: 1279.