Tuesday, May 6, 2008

safe trade calls

GOLD

book profit on buy abv 11375, for the day buy only abv 11525 S/L 11510 and T/p 11550/600/11650 where good resist seen again OR sell below 11360-330 S/L 11380 and T/p 11300-250/11200-11150/100 upto 11025 (any time close above 11650/12000/12300-400/13100/ 13425 bullish while close below 11000-10925 bearish for medium term)

SILVER

book profit on buy abv 22200, for the day buy only abv 22550 S/L 22475 and T/p 22600-650/750-800 where good resist seen again OR sell below 22250-240 S/L 22310 and T/p 22150/22050/ sustain below test 21950/21800/21725-650/21575/down rally (any time close below 21575-500/20400/19250/18775 bearish rally while close above 22825/ 23600/24500/26300/27700 bullish for medium term)

CRUDE

for the day buy only abv 4875 S/L 4855 and T/p 4900-4930 atleast upto 4970 OR buy ard 4755-62 S/L 4750 and T/p 4790-4825, only sustain below 4740-4700 down rally again (now crude need to close above 4875 for bullish rally while close below 4695/4475/4365/ 4260/4080/3960-3905 bearish for medium term)

COPPER

book profit on buy abv 343.5-344, for the day sell only below 342.5 S/L 344 and T/p 341-40/sustain below test 335-332 atleast OR buy only abv 353.5 S/L 351.75 and T/p 356-358.5 where resist seen again (upside strong rally only on close above 361.5 while close below 340/330-326.5/310 bearish for medium term)

MCXARUN
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