COMMODITY CALLS ON 15 MAR, 2011 (TUESDAY)

                                                                          

MCX TECH CALLS

INTRADAY CALLS:

1. MCX  LEAD MAR: SELL IF OPENS AROUND 114.5 STOPLOSS 116.2 TGT 111 AND BELOW.

2. MCX LEAD MAR: SELL AT CMP: 115.8. AND MORE AT 116.5 STOPLOSS 17.1. TARGETS 114.2-112.7.

FOLLOW UPS:

1.MCX COPPER APR: STOPLOSS TRIGGERED AT 420 IN POSITIONAL SELL CALL GIVEN YESTERDAY AT 415. 

POSITIONAL CALLS:

1. MCX COPPER APR: SELL AT CMP: 415. STOPLOSS 420 TGT 400 AND BELOW.
5. MCX GOLD APR: WE COULD SEE 20400 AND BELOW LEVEL THIS WEEK.

TRENDS AND ALERTS:

1. MCX SILVER MAY: SUPPORT ARE AROUND 53280-52941-52522. TREND DOWN. RESISTANCE AROUND 54300. REMAIN ON SELL SIDE.

2. MCX NATURAL GAS MAR: TREND BULLISH AROUND LEVELS 188.5-194.1. STRONG SUPPORTS AROUND 172. BUY IF OPENS DOWN IS STRONGLY RECOMMENDED.

3. MCX GOLD APR: OPENING PRICE COULD BE AROUND 20895. AND OPENING RESISTANCE WILL BE AROUND 20970. RISKY PLAYERS CAN SELL WITH 20990 STOPLOSS.

4. MCX SILVER MAY: WE COULD SEE 500800 TILL TOMORROW IF IT REMAINS BELOW 52700. RECOMMENDATION TO REMAIN ON SELL SIDE.

RESISTANCE AT 20800.IF WE GET PRICE AT 20750 THAN SELL IS HIGHLY RECOMMENDED.

6. MCX NATURAL GAS MAR: NOW TRADING AT 181.2 AS WE HIGHLY RECOMMENDED TO BUY ON DIPS. TREND IS STILL BULLISH FOR TOMORROW. REMAIN ON BUY SIDE.

7. MCX CRUDE OIL MAR: STRONG SUPPORT IN THE RANGE OF 4335-4329. RESISTANCE AT 4500. BUY IF COMES NEAR SUPPORT.

8. MCX COPPER APR: STRONG RESISTANCE AROUND 426-427. SELLING AROUND THESE LEVEL IS STRONGLY RECOMMENDED. CMP:424.5. STPOLOSS AND TARGETS ONCE PRICES  COME IN RANGE.

9. MCX CRUDE OIL: 4487 IS NOW DECIDING LEVEL FOR THE CLEAR TREND DIRECTION. BUT OVER ALL TREND IS STILL BULLISH.WITH STRONG SUPPORT OF 4250 ON A DOWNSIDE.

10. MCX SILVER MAY: THIS WEEK STRONG RESISTANCE AROUND 53200-53400. OVERALL TREND WILL BE BEARISH TILL REMAIN BELOW 53300.SUPPORT ARE 50700-49600.