Tuesday, June 17, 2008

safe trade calls

GOLD


now good resist at 12425-450, for the day buy abv 12380 S/L 12360 and T/p 12420-450/towards 12600 OR sell below 12190 S/L 12215 and T/p 12145-150/ 12100/12050/close below test 11850-900 atleast/towards 12700 in coming days (any time close above 12440/ 12630/12875/13050/13330/ 13510 bullish while close below 11920/11775/ 11375/11200 bearish for medium term)


SILVER


book profit on buy abv 23675, for the day buy only abv 24450 S/L 24370 and T/p 24550/630/24800/close abv seen new rally OR buy ard 23680-700 S/L 23650 and T/p 23800-900/towards 24100 (any time close below 23275/ 23000-22875/22300/21575-500/20400/ 19250/18775 bearish rally while close above 24800/25500/26300/27700 bullish for medium term)


CRUDE


as long resistance of 5925 & 6000, down correction likely to continue. we book profit on buy abv 5850, for the day sell only below 5710 S/L 5740 and T/p 5670-5635/close below test 5490-5500 atleast/towards 5450 in coming days OR sell ard 5910-20 S/L 5925 and T/p 5880-5830, anytime close abv 6000 test 6125 atleast/upto 6200 (now crude need to close above 6000 for bullish rally while close below 5635/5440/5215/ 5100/4415/3890 bearish for medium term)


COPPER


we book profit on buy abv 338.5/342, for the day buy only abv 349.5 S/L 348 and T/p 350.5/352.5/abv uprally OR buy ard 339.5-339.8 S/L 339 and T/p 341-343 upto 345, only sustain below 339-334 & 332 down trend again (upside strong rally only on close above 352.5/361.5 while close below 339/330-326.5/310 bearish for medium term)


MCXARUN
9994500540

No comments: