Thursday, November 29, 2007

bullish and bearish

Technicals – MCX (Intra day calls)

CRUDE OIL (December) BULLISH ABOVE 3670BEARISH BELOW 3655

GOLD (December) BULLISH ABOVE 10269 BEARISH BELOW 10235

SILVER (December) BULLISH ABOVE 18925 BEARISH BELOW 18840
COPPER (February) BULLISH ABOVE 268.20 BEARISH BELOW 267.50

LEAD (December) BULLISH ABOVE 119.80 BEARISH BELOW 119.40

NICKEL (December) BULLISH ABOVE 1136 BEARISH BELOW 1131

ZINC (December) BULLISH ABOVE 98.25 BEARISH BELOW 97.90

தமிழ்

தமிழை தாய் மொழியாக கொண்டவர்களுக்கு தமிழிலேயே உங்களுக்கு புரியும் விதத்தில்
உங்களுக்கு லாபம் தரும் நோக்கில் ஆரம்பிக்க பட்டது தான்
இது, பயன்படுத்தி கொள்ளுங்கள்,
உங்கள் சந்தேகங்களை இங்கே நீங்கள் கேட்கலாம்,
தமிழிலேயே கேட்க உங்களுக்கு உதவி செய்கிறோம்,
கிழே உள்ள link- ஐ பயன்படுத்தி நீங்களும் தமிழில் கேள்வி கேட்கலாம்
நன்றி

http://www.google.com/transliterate/indic/Tamil#

mcxarun

copper

or the day buy only abv 267.5 S/L 265.5 and T/p 269-271.5/274 upto 276.5 OR sell below 260.5 S/L 262.25 and T/p 258-57/255/ 253.5-251.5 upto 242 days to come (upside strong rally only on close above 267.5/277/288/295/305.5/316/321.5/ 328/331.5/348 while close below 250/ 235 bearish for medium term)

crude

continue to view as long resist 3685/3715 & 3770, some more correction expected. for the day sell only below 3615 S/L 3635 and T/P 3580 -85/3550 OR sell ard 3700-3705 S/L 3715 and T/p 3670-50 (now crude need to close above 3780/3850/3915 for bullish while close below 3615/3515/ 3470/3320/3190/3030 bearish for medium term)

silver report

for the day sell only below 18750&18650 S/L 18830 and T/p 18600-525/425 upto 18100 days to come OR buy only abv 19125 S/L 19050 and T/p 19175-200/19300 (any time close below 18650-425/18075/ 17650/7300/17050/16875/16625/16475 bearish rally while close above 19750/ 20450/20925/21175/21500/ 23150 bullish for medium term)

gold

for the day sell only below 10200 & 10150 S/L 10225 and T/p 10100-10050 upto 9950 days to come OR buy abv 10360 S/L 10330 and T/p 10420-10460 upto 10500 (any time close above 10640-690/10770 bullish while close below 10150/9880/9670/ 9470/9320/9140/8990/8860 bearish sharp)

outlook

December gold closed lower on Wednesday as it consolidated some of the rally off last week's low. The mid-range close sets the
stage for a steady opening on Thursday. Stochastics and the RSI remain neutral to bullish signaling that sideways to higher
prices are possible near-term. If December extends the rally off last week's low, November's high crossing at .848.00 is the
next upside target. Closes below the 10-day moving average crossing at 801.70 would confirm that a short-term top has been
posted. First resistance is Monday's high crossing at 837.20 then November's high crossing at 848.00. First support is the 10-
day moving average crossing at 801.70 then today's low crossing at 791.00.

December silver closed lower on Wednesday as it extended yesterday's decline below the 10-day moving average crossing at
14.508. The high-range close sets the stage for a steady to higher opening on Thursday. Stochastics and the RSI are neutral to
bullish signaling that sideways to higher prices are possible near-term. Closes above the reaction high crossing at 15.155 are
needed to confirm that a short-term low has been posted. If December renews last month's decline, the reaction low crossing at
13.325 is the next downside target. First resistance is Monday's high crossing at 15.020 then the reaction high crossing at
15.155. First support is last Monday's low crossing at 14.100 then the reaction low crossing at 13.980.

January crude oil closed sharply lower on Wednesday and below the 20-day moving average crossing at .9460. The low-range
close sets the stage for a steady to lower opening on Thursday. Stochastics and the RSI have turned bearish signaling that
sideways to lower prices are possible near-term. If January extends this week's decline, November's low crossing at .8913 is the
next downside target. Closes below this support level would confirm that a double top with November's has been posted while
opening the door for a larger-degree decline into early December. If January renews this fall's rally, psychological resistance
crossing at 100.00 is the next downside target. First resistance is the 10-day moving average crossing at 95.38. Second
resistance is last Wednesday's high crossing at 99.29. First support is today's low crossing at 90.70 then November's low
crossing at .8913.

anuary Henry natural gas closed sharply lower on Wednesday and below September's low crossing at 7.561. The low-range
close sets the stage for a steady to lower opening on Thursday. Stochastics and the RSI turning neutral signaling that sideways
to lower prices are possible near-term. If January extends this week's decline, weekly support crossing at 6.801 is the next
downside target. Closes above the 20-day moving average crossing at 8.157 would confirm that a short-term low has been
posted. First resistance is the 10-day moving average crossing at 7.943 then the 20-day moving average crossing at 8.157. First
support is today's low crossing at 7.47 then weekly support crossing at 6.801.