Wednesday, March 26, 2008

Safe trade calls

GOLD

now as long support 11875-825, expect some upside test 12175-275-400 in coming days.. buy at every deep. for the day buy only abv 12150-165 S/L 12120 and T/p 12210-245-275 upto 12325 OR buy ard 12000-5 S/L 11990 and T/p 12050-100. only close below 11830 down rally again test 11675-700 atleast (any time close above 12375/13100/ 13400 bullish while close below 11830/ 11575-475/11300/10950-900/10500/ 10050/9850/9575 bearish for medium term)

SILVER

now as long support 22475 & 21975, expect upside test 22550-875/950 upto 23300 in coming days...buy at every deep. book profit on buy abv 22475-525, for the day buy abv 23100 S/L 23010 and T/p 23200-250/300/400 OR buy ard 22600-610 S/L 22575 and T/p 22725/ 22875. only sustain close below 21975 down rally again test 21500 atleast (any time close below 22475/21975/21250/ 20150/19390/18600-250/17850 bearish rally while close above 23900/26100/ 27500 bullish for medium term)

CRUDE

book profit on sell 4230-35/4130/4030-4000, for the day sell only below 3960-50 S/L 3980 and T/p 3910-3880 atleast OR sell ard 4095-100 S/L 4105 and T/p 4070-55/4035 (now crude need to close above 4160/4335/4460-85 for bullish rally while close below 3960/3830/3585/ 3415-3390 bearish for medium term)

COPPER

book profit on buy abv 323-24, fresh buy abv 327 S/L 325.25 and T/p 328.5-330/ 332.5/335.5/uprally OR sell below 323 S/L 324.5 and T/p 322/319.5/318 upto 314.5 (upside strong rally only on close above 327/335.5/348/354 while close below 313.5-303/281/267.5/254.5/235 bearish for medium term)

MCXARUN
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