COMMODITY CALLS ON 24 FEBRUARY, 2011 (THURSDAY)

MCX TECH CALLS

 

INTRADAY CALLS:

 

1. MCX CRUDE OIL MAR: SELL AT CMP: 4705 AND MORE AT 4735 WITH STOPLOSS OF 4750. TARGETS 4635 AROUND.

2. MCX LEAD FEB: BUY AT CMP: 112.6 AND MORE AT 111.7. WITH STOPLOSS OF 110.1. TARGETS 113.7-115.

3. MCX NICKEL SELL AT CMP: 1260 AND MORE AT 1270. WITH STOP OF 1280. TARGETS 1249-1242. BUY DOUBLE AT 1240.

 

FOLLOW UPS:

 

1. MCX LEAD FEB: BOOK PARTIAL PROFIT AT CMP 112.7 THOSE WHO BOUGHT AT 111.7.

2. MCX NICKEL FEB: ALL TGTS COMPLETED AT 1242 IN SELL CALL GIVEN AT 1260 AND BUY CALL ACTIVATED AT 1240. STOPLOSS OF 1228. TGT 1251-2260.

3. MCX CRUDE OIL MAR: ALL TARGETS ACHIEVED AT 4635 IN SELL CALL GIVEN AROUND 4705.

4. MCX NICKEL FEB: BOOK PARTIAL PROFIT AT CMP 1249 IN BUY CALL GIVEN AROUN 1240.

5. MCX NICKEL FEB: SECOND TGT ALMOST COMPLETED AT 1261 IN BUY CALL GIVEN AT 1240.

 

TRENDS AND ALERTS:

 

1. MCX SILVER MAR: RESISTANCE IN THE RANGE OF 50700-50750. SUPPORT AROUND 50142-49977. TREND IS POSITIVE. CMP: 50330.

2. MCX GOLD APR:RESISTANCE AROUND 21049-21107. SUPPORT AROUND 20921. TREND POSITIVE. CMP: 21000.