COMMODITY CALLS ON 17 MAR, 2011 (THURSDAY)

                                                               

MCX TECH CALLS

 

INTRADAY CALLS:

1. MCX NICKEL MAR: BUY AT CMP: 1140.6. STOPLOSS OF 1034.5. TARGETS 1146.4-1153.1.

2. NIFTY MAR: SELL AT CMP:5482. WITH STOPLOSS OF 5510. TARGETS 5456-5426.

3. MCX CRUDE OIL MAR: BUY IN THE RANGE OF 4465-4460.STOPLOSS 4440. TGT 4491-4520. CMP:4471.

4. MCX COPPER APR: BUY IN THE RANGE OF 424.1-423.6 STOPLOSS 421.1. TARGETS 426.6-428.1. CMP: 424.5.

5. MCX LEAD MAR: SELL ABOVE 118.5 STOPLOSS AND TARGETS ONCE PRICES WILL COME IN THE RANGE. CMP: 118.2.

6. MCX GOLD APR: BUY AT CMP: 20618. WITH STOPLOSS OF 20585. TARGETS 20661-20710.

7.  MCX ZINC MAR: BUY AT CMP: 105.1 IN SMALL QUANTITY .STOPLOSS 104. TARGETS 106.5.

 

FOLLOW UPS:

1. MCX NICKEL MAR: STOPLOSS TRIGGERED AT 1134.5 IN BUY CALL GIVEN   AT 1140.9

2.  MCX COPPER APR:BOOK PARTIAL PROFIT AT CMP 426.2 IN BUY CALL GIVEN AT 424.1.

3. NIFTY MAR: FIRST TARGET ACHIEVED AT 5456 IN SELL CALL GIVEN AT 5482. CMP: 5444

4.  MCX COPPER APR:BOOK PARTIAL PROFIT AT 425.7 IN SELL CALL GIVEN AT 424.1.

5. MCX CRUDE OIL MAR: BOOK PARTIAL PROFIT AT 4483 IN BUY CALL GIVEN AT 4465.

6.  MCX MENTHA OIL MAR: BOOK PARTIAL PROFIT IF COMES 1238 IN SELL CALL GIVEN AT 1250. THOSE WHO WANT TO TRADE INTRADAY.CMP:1241.

7. MCX GOLD APR: BOOK PARTIAL PROFIT AT 20650 IN BUY CALL GIVEN AT 20618.

8.  MCX GOLD APR: FIRST TGT COMPLETED AT 20661 IN BUY CALL GIVEN AT 20618.

9. MCX CRUDE OIL MAR: FIRST TARGET COMPLETED AT 4491 IN BUY CALL GIVEN AT 4465.

10. MCX CRUDE OIL MAR: ALL TARGETS COMPLETED AT 4520 IN BUY CALL GIVEN AT 4465.

11.  MCX COPPER APR: ALL TARGETS COMPLETED AT 428.1 IN BUY CALL GIVEN AT 424.1

12.  MCX NICKEL MAR: FIRST TGT COMPLETED AT 1161 IN BUY CALL GIVEN AT 1150.

13. MCX NATURAL GAS MAR: BOOK PARTIAL PROFIT AT CMP 184 IN POSITIONAL BUY CALL.

 

 

POSITIONAL CALLS:

1. MCX MENTHA OIL MAR: SELL IN THE RANGE OF 1246-1250. WITH  STOPLOSS OF1261. TARGETS 1210-1187.CMP:1239.6

2. MCX NATURAL GAS MAR: BUY CALL STILL ACTIVATED FOR THE TARGETS OF 188-195. THOSE WHO DON'T HAVE POSITION PLEASE BUY IF COMES NEAR 176 ON INVENTORY.THANKS

 

TRENDS AND ALERTS:

1.MCX CRUDE OIL MAR: SUPPORTS AROUND 4590-4560. TREND IS STILL BULLISH TILL 4690-4720. BUY ON DIPS NEAR SUPPORT IS STRONG REC OMMNEDED.

2. MCX CPO MAR: WE COULD SEE 531.5 IF CLOSES ABOVE 520. BUT OVERALL TREND IS STILL BEARISH. LONG TERM SELL ON RISE AND SHORT TERM BUY AT CMP:519.6

3.MCX CRUDE: MAKING STRONG SUPPORT AROUND 4430. ONLY CLOSING BELOW THESE LEVELS WILL MAKE TREND BEARISH. RESISTANCE 4560-4614-4669.

4.  MCX CRUDE OIL MAR:NOW SUPPORT IN THE RANGE OF 4490-4500 IF REMAINS ABOVE THIS THAN WE COULD SEE 4590-4620 TILL TOMORROW.THANKS

5. MCX SILVER MAY: AS RECOMMENDED TREND IS BEARISH AND RESISTANCE AROUND 52378 ANDHIGH IS 52329 THOSE WHO TRADED PLS BOOK PARTIAL PROFIT  AND TRIAL SL TO 52200.

6. MCX SILVER MAY: NOW RESISTANCE AT 52470-52510. SELL IS RECOMMENDED. STOPLOSS OF 52700. TARGETS 51350 TILL TOMORROW.