Friday, May 16, 2008

safe trade calls

GOLD

book profit on buy abv 12950-975, for the day buy only abv 12125 S/L 12105 and T/p 12150-175/12240/12290 towards 12400 OR buy ard 11890-895 S/L 11880 and T/p 11940-975, now as long support of 11975-930 uprally likely to continue. (any time close above 12300-400/13100/13425 bullish while close below 11725/11460/11150/11000-10925 bearish for medium term)


SILVER

we book profit on buy abv 23350, for the day buy only abv 23475-525 S/L 23410 and T/p 23600-675/close abv 23675 test 24100-200 atleast in coming days OR sell only below 22900 S/L 22970 and T/p 22825/750/sustain below towards 22350-300 and close below 22300 seen new down rally (any time close below 22750-300/21575-500/20400/19250/ 18775 bearish rally while close above 23675/24500/26300/27700 bullish for medium term)


CRUDE

we book profit on sell below 5200, for the day sell only below 5120-110 S/L 5150 and T/p 5060-50/towards 5000-4900 in coming days OR sell ard 5305-10 S/L 5320 and T/p 5270-40/5200, only close abv 5350 test 5450 atleast (now crude need to close above 5350-60 for bullish rally while close below 5120/ 5050/4740/4450 bearish for medium term)


COPPER


book profit on buy abv 346.5-347, for the day buy only abv 351 S/L 349.75 and T/p 353.5/356-358.5/361.5/bullish rally OR buy ard 341.5-342 S/L 341 and T/p 344-46/347.5, now as long support of 340-41 uprally likely to continue (upside strong rally only on close above 361.5 while close below 340.5/336/330-326.5/ 310 bearish for medium term)


MCXARUN
9994500540

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