COMMODITY CALLS ON 21MAR, 2011 (MONDAY)

MCX TECH CALLS

INTRADAY CALLS:

1.MCX ZINC MAR: SELL IN THE RANGE OF 104.6-104.9. WITH STOPLOSS OF 105.5. TARGET IN THE RANGE OF 103.1-102.8. CMP: 104.3.
2.MCX CRUDE OIL APR: BUY IF COMES IN THE RANGE OF 4695-4685. STOPLOSS 4660.  TARGET 4800 AND ABOVE. CMP: 4718.

3. MCX COPPER APR: BUY AT CMP: 435. STOPLOSS 434. TARGET 436-437.6-440

4.MCX SILVER MAY: SELL AT CMP:54050. STOPLOSS 54160. TARGETS 43903-53700.

5.MCX Lead MAR: SELL AT CMP: 122.4 WITH STOPLOSS OF 123.5. TARGET 119 AND BELOW.

6.MCX COPPER APR: BUY AT CMP: 428.8 AND MORE AT 427. STOPLOSS 425.8 TGT 440 THIS WEEK.

FOLLOW UPS:

1.MCX CRUDE OIL APR: BOOK PARTIAL PROFIT AT 4718 IN BUY CALL GIVEN AT 4695.
2.MCX LEAD MAR: BOOK PARTIAL PROFIT AT 121.3 IN SELL CALL GIVEN AT 122.4.
3.MCX SILVER MAY: ALL TGT COMPLETED IN SELL CALL GIVEN AT 54050
4.MCX ZINC MAR: BOOK PARTIAL PROFIT AT 103.5 IN SELL CALL GIVEN AT 104.9.
5.MCX COPPER APR: BOOK PARTIAL PROFIT AT 430.2 IN BUY CALL. REST HOLD FOR TOMORROW.

TREND AND ALERTS:

1.TREND SILVER: SUPPORT AROUND 53500-52845. RESISTANCE IN THE RANGE OF 54300-54500. IF CLOSES ABOVE 54200 FOR TWO DAYS THAN WE COULD SEE 56000 AND ABOVE LEVELS.
2. GOLD: SUPPORT ARE AT 20770-20667. RESISTANCE IN THE RANGE OF 21060-21100. WEEKLY CLOSE BELOW 20800 WILL ONLY MAKE OVERALL TREND BEARISH.
3. TREND N.G: TREND IS BULLISH TILL 195. RECOMMENDATION TO MAINTAIN BUY POSITION AND MORE ON DIPS TILL 183 FOR THIS WEEK. SUPPORTS 180-175.RESISTANCE 202
4.TREND CRUDE OIL : HAS MADE A STRONG SUPPORT IN THE RANGE OF 4450-4410. TREND IS BULLISH TILL 4731 THIS WEEK AND OVERALL ABOVE 4900. MAINTAIN BUY POSITION.
5.TREND COPPER: SUPPORT IN THE RANGE OF 431-428. RESISTANCE IN THE RANGE OF 437-445. STRONG RECOMMENDED TO ADD MORE POSITION FROM SUPPORT LEVELS FOR THIS WEEK.
6.TREND ZINC: CLOSING ABOVE 105.7 FOR TWO DAYS WILL MAKE TREND BULLISH. TILL 109.5. MAKING STRONG SUPPORT IN THE RANGE OF 102.6-101.TREND IS RANGE BOUND CURRENTLY.
7.MCX LEAD: OVERALL TREND IS BULLISH 126-130 IF SUPPORT IN THE RANGE OF 118-115 WILL INTACT THIS WEEK. PLEASE EXIT IF HAVE SELL POSITION AND MAINTAIN BUY ON DIPS
8. TREND NICKEL: THIS WEEK SUPPORT IN THE RANGE OF 1160-1145. RESISTANCE IN THE RANGE 1245-1280. CURRENTLY TREND IS SEEMS BULLISH. WITH SUPPORT OF 1170. THANKS