Monday, April 7, 2008

safetrade calls

GOLD

we book profit on buy abv 11730-780, now good resist at 11930. for the day buy only abv 11930 S/L 11905 and T/p 11675-12025/12075 Max upto 12175 OR sell below 11700 S/L 11720 and T/p 11675-650/upto 11575 (any time close above 12175/12400/13100/13425 bullish while close below 11650/11375/11000 bearish for medium term)

SILVER

book profit on buy abv 23800, for the day buy only abv 23275 S/L 23200 and T/p 23350-450/550/upto 23700 OR buy ard 22840-50 S/L 22800 and T/p 22950-23050, only sustain fall below 22450 down rally again (any time close below 22450/21725/21325-250/20150/19390/ 18600-250/17850 bearish rally while close above 23425/ 24000/26100/27500 bullish for medium term)

CRUDE

continue to view, good resist at 4260, as long hold 1nce again down rally expected. for the day buy only abv 4260 S/L 4240 and T/p 4285-90/4315/4335/ sustain abv 4335 uprally sharp OR sell below 4190 S/L 4205 and T/p 4175-50/ 4115-20/down rally (now crude need to close above 4260-4315/4460-85 for bullish rally while close below 4115/ 3985-3960/3830/3585/3415-3390 bearish for medium term)

COPPER


book profit on buy abv 345.5, for the day buy only abv 348 S/L 347 and T/p 350.5 -351/354 anytime close abv 354 test 365-368 atleast in coming days OR buy ard 340-340.2 S/L 339.5 and T/p 343-345, only sustain below 339 some down side again (upside strong rally only on close above 354 while close below 327/ 310.5-303/281/267.5/254.5/235 bearish for medium term)

MCXARUN
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