COMMODITY CALLS ON 28 FEBRUARY, 2011 (MONDAY)

MCX TECH CALLS

INTRADAY CALLS:

 

1. MCX NICKEL FEB: BUY AT CMP:1277 IN SMALL QUANTITY AND MORE AT 1267. WITH  STOPLOSS OF 1255. TARGETS 1291-1300.

2. MCX CRUDE OIL MAR: BUY IN THE RANGE OF 4503-4497 WTH STOPLOSS OF 4480.TARGETS 4543-4565. RISKY PLAYERS CAN BUY AT CMP:4518.

3. MCX MENTHA OIL MAR: SELL AT CMP: 1131 WITH STOPLOSS OF 1146.TARGETS 1123-1111.

4. MCX GOLD APR: SELL IN THE RANGE OF 20960-20970 WITH STOPLOSS OF 21000. TARGETS 20870 AROUND. CMP: 20940.

 

FOLLOW UPS:

 

1. MCX NICKEL FEB: BOOK PARTIAL PROFIT AT 1289 IN BUY CALL GIVEN AT 1277.

2. MCX GOLD APR: BOOK PARTIAL PROFIT AT 20900 IN SELL CALL GIVEN AT 20960-20970.

 

TRENDS AND ALERTS:

 

1. MCX NATURAL GAS MAR: SUPPORT IN THE RANGE OF 180-179.RESISTANCE AROUND 186-190. TREND IS BULLISH. BUY ON DIPS IS STRONGLY RECOMMENDED.SL 176.