Tuesday, May 20, 2008

safe trade calls

GOLD

for the day buy abv 12425 & more abv 12475 S/L 12405 and T/p 12525-550 upto 12600 OR sell below 12240 S/L 12255 and T/p 12200 upto 12150 where good support seen again. close above 12475 test 12600/12800 in coming days (any time close above 12475/13100/ 13425 bullish while close below 11725/ 11460/11150/11000-10925 bearish for medium term)


SILVER

for the day buy abv 23725 S/L 23650 and T/p 23800-850/sustain abv test 24000-24100 atleast/towards 24250 OR buy ard 23175-80 S/L 23150 and T/p 23250-23350 (any time close below 22750-300/21575-500/ 20400/19250/ 18775 bearish rally while close above 23850/24500/26300/27700 bullish for medium term)


CRUDE

for the day buy only abv 5395-5400 S/L 5380 and T/p 5430-50 upto 5480 OR sell only below 5290 S/L 5310 and T/p 5260-65/ 5200 upto 5160, anytime close below 5120 bearish test 4980-5000 atleast/towards 4925 in coming days (now crude need to close above 5390 for bullish rally while close below 5120/ 5050/4740/4450 bearish for medium term)


COPPER

book profit on buy abv 346.5-347/351, for the day buy abv 355.5 S/L 354 and T/p 356.5/358/361-361.5/close above test 372-375 atleast in coming days OR buy ard 343-343.5 S/L 342.5 and T/p 345-47, as long support of 341 uptrend 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
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