Wednesday, June 4, 2008

safe trade calls

gold


we book profit on sell below 12140, for the day sell below 12085/12060 S/L 12110 and T/p 12000/close below test 11900-880 atleast/towards 11835-775 where strong support seen OR sell ard 12282-85 S/L 12295 and T/p 12225/ 12175 (any time close above 12340/ 12600/12875/13050/13330/13510 bullish while close below 12000/11775/11375/ 11200 bearish for medium term)


silver


we book profit on sell below 23150, for the day sell below 23175 S/L 23250 and T/p 23075-23000/22875-900/close below 22875 test 22550 atleast/towards 22450 -22325 in coming days OR buy only abv 23600 S/L 23540 and T/p 23675/23775 upto 23850 (any time close below 22750-300/21575-500/ 20400/19250/ 18775 bearish rally while close above 24500/25500/26300/27700 bullish for medium term)


copper


EIA Crude oil inventory schedule to release today. for the day sell only below 5300 S/L 5325 and T/p 5270/5210 atleast/towards 5140 in coming days OR sell ard 5432-40 S/L 5445 and T/p 5390-65 (now crude need to close above 5475/5730/5825 for bullish rally while close below 5300/5120/5050/4740/4450 bearish for medium term)


copper


we book profit on sell below 333, for the day sell only below 331.5-330 S/L 332.60 and T/p 326.5-27/below down rally sharp OR buy abv 338.5 S/L 337 and T/p 339.75-341/342.5 upto 345.5 (upside strong rally only on close above 352.5/361.5 while close below 330-326.5/310 bearish for medium term)

MCXARUN
9994500540

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