Intraday MCX Commodity calls for today 2nd September 2011

GOLD (OCT):TREND Consolidate R2 27900 R1 27580 S1 26980 S2 26630 STRATEGY Buy on dips

SILVER (Dec):TREND Consolidate R2 66800 R1 65900 S1 63100 S2 61950 STRATEGY Buy on dips

COPPER (NOV):TREND Consolidate R2 434 R1 428 S1 416 S2 412 STRATEGY Buy on dips

CRUDE (SEP):TREND Consolidate R2 4175 R1 4130 S1 4040 S2 3980 STRATEGY Buy on dips

NATURALGAS (SEP) :TREND Consolidate R2 194 R1 189 S1 179 S2 174 STRATEGY Buy on dips

LEAD (SEP):TREND Consolidate R2 122.20 R1 119.70 S1 113.70 S2 111.20 STRATEGY Buy on dips

ZINC (SEP):TREND Consolidate R2 107.60 R1 105.30 S1 99.80 S2 96.50 STRATEGY Buy on dips

NICKEL (SEP):TREND Consolidate R2 1095 R1 1055 S1 955 S2 920 STRATEGY Buy on dips

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SUZLON ENERGY touched an intraday high (2nd feb)

SUZLON ENERGY touched an intraday high of Rs 49.35 and an intraday low of Rs 47.60. At 14:28 hrs (2nd feb) the share was quoting at Rs 49.20, up Rs 1.70, or 3.58%.
It was trading with volumes of 2,327,138 shares. In the previous trading session, the share closed down 3.75% or Rs 1.85 at Rs 47.50.

Share Price Movement During The Last 12 Months
Period	Price	Latest Price	Gain/Loss (Rs.)	% Gain/Loss
3-Days	49.8	49.2	-0.6	-1.2
5-Days	51.65	49.2	-2.45	-4.74
7-Days	51.65	49.2	-2.45	-4.74
15-Days	51.65	49.2	-2.45	-4.74
1-Month	54.25	49.2	-5.05	-9.31
3-Month	58.45	49.2	-9.25	-15.83
6-Month	57.1	49.2	-7.9	-13.84
9-Month	69.2	49.2	-20	-28.9
1-Month	78.55	49.2	-29.35	-37.36

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NSE BSE FREE INTRADAY TIPS / Equity calls/Cash calls 2nd feb

Today’s FREE INTRADAY TIPS (Day Trading Calls):

Sell ICICIBANK blw 989 SL 1000 TGT 980-970+

Sell ABGSHIP blw 334 SL 338 tgt 330-326+

Short BPCL blw 576 SL 585 TGT 570-564+

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MCX Gold likely to fall on extended selling (2nd feb)

Gold trading recommendations:

Gold February future prices witnessed downfall on yesterday’s trading session by declining as much as -1.21% from previous close.

Initially it made a high of 20050 thereafter it started declining and settled lower at 19678 levels. Closing of the daily candle renders downside movements could be continued.

A mild higher correction is expected before resuming its downtrend. At overseas currently prices are at 1312 down by -6.4 dollars from previous close.

On the lower side support is at 1309 levels on breach and sustains trade below the same leads the prices to remain lower.

At MCX key resistance level is at 19740 levels sustain below is expected to see a lower correction.

Gold MCX: Sell February at 19740 TP 19500 SL 19820

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