Here are the calls for the day,
Sell N Gas MCX Dec @ 297-299 add more on rise to 311 SL 316 TGT 282
DON'T FORGET TO CALCULATE UR RISK REWARD BEFORE TAKING THE TRADE
Risky Traders Sell Zinc 56.2-56.4 SL 58.2 TGT 54.2
Sell Copper MCX Feb on break below 167.6 SL 171.8 TGT 162.4
Sell Crude Oil MCX Dec on break below 2196 SL 2138 TGT 2126
DON'T FORGET TO TAKE THE SL STRICTLY
CommodiyMantra
Friday, December 5, 2008
Calls for the Day
Crude Oil and Copper
Good Morning
On 3rd Dec I had given a call in Crude that the Dec contract will TGT 2232 it hit the TGT yesterday evening. Those who were holding crude would have benefited tremendously. In one of earlier post a couple of days back I had expressed the view that copper could TGT 162 and it is almost there. Although we did hit the SL yesterday hoping to cover some points in copper. But anyways those who are holding on in short can continue to do so with trailing SL for the final TGT.
For today's picture stay tuned to this site, we will update any moment.
CommodityMantra
Labels: Base Metals, Copper, Crude Oil, Energy
Thursday, December 4, 2008
BREAKING NEWS
Breaking News: Bank of England cuts interest rate by 1 percentage point to 2 percent - equal to its lowest level in 300 years. Thats a news, lets see if its going to fuel the Market.
CommodityMantra
Lead - watch out
Good Evening,
First of all we regret not being able to provide you with our market views yesterday. Anyways we had some great calls in Gold, Crude Oil, Copper and Lead. Overall we made some huge profit with a single SL in Silver. Crude Oil if you recall our earlier post we were short for the level of 42$ around. Now the market is abuzz with news of coming down the level of 18$. I wonder how many of you will agree with that? Well for today we have decided to sit outside the market except that we are waiting for Lead to come down to the level of 48 in Dec Contract. I believe it will be good level to enter in long and one can easily get the level of 52 , but the big question is will it come down to the level specified. Well keep your fingers crossed and wait and watch.
oh by the way we have entered in long in Copper around 178 with the following call
Buy Copper MCX Feb @ 178-178.4 SL 175.7 TGT 181.6
CommodityMantra
Labels: Base Metals, Copper, Lead





