COMMODITY CALLS ON 10 MAR, 2011 (THURSDAY)

                                                                   

MCX TECH CALLS

INTRADAY CALLS:

1. MCX ZINC MAR: BUY AT CMP: 103.40 AND MORE AT 102.5. STOPLOSS 101.7. TARGETS 105.4-106.7.

2.  MCX ALUMINIUM MAR: SELL AT CMP: 115.6.STOPLOSS 116.7. TARGETS 114.2-112.1.

3.  MCX NICKEL MAR: SELL AT CMP: 1172 . STOPLOSS 1185. TARGETS 1154-1145. BUY FRESH LONG IF COMES BELOW 1140 IN HEAVY LOTS.

FOLLOW UPS:

1. MCX NICKEL MAR: BOOK PARTIAL PROFIT AT 1160 IN SELL CALL GIVEN AT 1172 AROUND.

POSITIONAL CALLS:

1.(POSITIONAL)MCX COPPER APR: SELL AT CMP: 417.3 AND MORE AT 420. STOPLOSS 422. TARGETS 396 .
2.(DON'T MISS CALL) MCX GOLD APR: SELL IF COMES IN THE RANGE OF 21010-21020. STOPLOSS OF 21035. IF SL HITS THAN SELL AGAIN AT 21070. SL 21090. TGTS IN NEXT MSG.

TRENDS AND ALERTS:

1. (TREND)MCX LEAD MAR: RESISTANCE AROUND 113.8-115.2. SUPPORT AT 109.TREND FLAT TO BEARISH.

2.  (IMP ALERT)MCX NICKEL MAR: TREND IS BEARISH TILL 1150. HEAVY BUYING IS STRONGLY RECOMMENDED IN THE RANGE OF 1148-1138. CMP: 1183.

3. (TREND) MCX SILVER MAY: TREND IS BEARISH. RESISTANCE AROUND 53400-53670. SUPPORT 51987. SELL ON RISE IS HIGHLY RECOMMENDED.

4. MCX GOLD APR: RESISTANCE AROUND 20946-20984. TREND IS BEARISH TILL THE LEVEL OF 20700 AND BELOW. SELL NEAR RESISTANCE IS RECOMMENDED.