Refined Soy Oil
Feb : SELL Feb contract at around Rs. 595 for the profit target of Rs. 592, stop loss 596.5
Mar : SELL Mar contract at around Rs. 599.5 for the profit target of Rs. 597 , Stop Loss - 601.
Kapas April 2008
Can Buy Kapas at MCX around Rs. 478-79 for the likely target of Rs 481-82 with a Stop Loss at Rs. 476.
Kapaskhalli January
Buy around Rs. 396-399for the target of Rs. 400 - 401, Stop Loss - Rs. 394
Chana Strategy
As New arrivals in southern part has started , for next couple of week arrivals will increase , as all india weather is good for harvest and production. Still market is expected to go down
Sell at market in the range of 2173-76, Target 1-2160, Stop Loss - 2185, Target 2 - 2150
Trading Strategies for Gold and Silver (Intra day).
Gold seems to be bullish, Can initiate a buy position around 11370 levels with a stop loss around 11320 levels with a profit target of 11450, and next target 11500.
Silver seems to be bullish can initiate a buy position around 21000 levels with a stop loss around 20900 levels and the profit target 21300 , next target 21400.
Zinc
Intraday outlook appears up ward for zinc on increasing supply in China. Increasing inventories could dampen to the prices in long term. Fundamentals seem to be supportive.
Intra Day Call: Long MCX Jan Zinc above 94.30 with STP @ 93.50, Target: 96.00
Nickel
Intraday outlook looks up ward for Nickel. Nickel prices are likely to hover high. LME Inventories would play a crucial role in intraday trade.
Intra Day Call: Long MCX Jan Nickel above 1138 with STP @ 1124 Target: 1162.
Lead
Intraday outlook looks up ward for Lead. Decreasing inventories pushing prices higher for short period.
Intra Day Call: Long MCX Jan Lead above 107.65 with STP @ 106.90, Target: 109.20
Copper
Intraday outlook looks up ward for copper as china imports reached on a eight month high level . And investors are also buying the metal as alternative v/s declining dollar.
Intra Day Call: Long MCX Feb Copper above 290.50 with STP @ 288.80, Target: 293.50
Aluminum
Intraday outlook looks range bound for aluminum, relatively steady despite the weakness in other base metals and looks firm. There has been supportive buying by European consumers due stronger EUR inducing buying.
Intra Day call: Long MCX Jan Aluminum above 97.40 with STP @ 96.70, Target: 98.90
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