COMMODITY CALLS ON 23 FEBRUARY, 2011 (WEDNESDAY)

MCX TECH CALLS

INTRADAY CALLS

1.MCX SILVER MAR: SELL IN THE RANGE OF 49200-49230. WITH STOPLOSS OF 49450. TARGET 48600 AROUND. CMP: 49145.

2.MCX GOLD APR: SELL IN THE RANGE OF 20750-20760 WITH STOPLOSS OF 20790. TARGET 20690 AROUND. RISKY SELL AT CMP:20732 IN SMALL QUANTITY.

3.MCX NICKEL FEB: SELL IN THE RANGE OF 1285-1288 AND MORE AT 1295. WITH STOPLOSS OF 1305. TARGETS 1266-1250. CMP: 1281.

4.MCX ZINC FEB: BUY AT CMP: 111.2 IN SMALL QUANTITY AND MORE AROUND 110.6. WITH STOPLOSS OF 109.4. TARGETS 113.1-115.9.

5.MCX SILVER MAR: SELL IN THE RANGE OF 49970-49990. WITH STOPLOSS OF 50199. TGT 49633-49475. CMP: 20940.

6.MCX COPPER FEB: BUY AT CMP:427. WITH STOPLOSS OF 425. TARGETS 429.3-431.9.

FOLLOW UPS:

1.MCX COPPER FEB: BOOK PARTIAL PROFIT AT 431.60 ON BUY RECOMMENDED AROUND 429.

2.MCX NICKEL FEB: FIRST TGT ALREADY ACHIEVED AT 1266 BUT SELL PRICES DIDN'T COME IN RANGE. SO NOW WAIT FOR A FRESH CALL.

3.MCX GOLD APR: STOPLOSS TRIGGERED AT 20790 IN SELL CALL GIVEN IN THE RANGE OF 20750-20760.

4.MCX COPPER FEB:SL TRIGGERED AT 425 IN SELL CALLL GIVEN AT 427. CMP: 426.

5.MCX ZINC FEB: BOOK PARTIAL PROFIT AT 111.8 THOSE WHO BOUGHT AT 110.5.REST CAN CARRY FORWARD FOR TOMORROW. CMP:111.8.

TRENDS AND ALERTS:

1.MCX COPPER FEB: SUPPORT IN THE RANGE OF 429.5-428.5. RESISTANCE AROUND 436-438.1. TREND RNAGE BOUND. BUY IF COMES AROUND 429. SL 426.

2.MCX LEAD FEB: STILL WE COULD SEE RANGE OF 113-112.6 ON A DOWNSIDE. RESISTANCE AT 116.5. SELL NEAR 116 OR BUY NEAR 112.6. TGT AND SL ONCE RANGE COME.

POSITIONAL CALLS:

1.MCX CPO MAR: SELL IN THE RANGE OF 555-557 AND MORE AT 565. WITH STOPLOSS OF 572. TARGETS 525 AROUND TILL NEXT WEEK. CMP: 550.

NIFTY ALERT:

1.NIFTY FUT:AS RECOMMENDING FROM YESTERDAY THAT STRONG RESISTNACE AROUND 5552. IF REGULARLY REMAINS ABOVE THIS LEVEL THAN ONLY BULLISH TREND WILL CONTINUE.