Thursday, June 19, 2008

safe trade calls

GOLD


for the day buy only abv 12440-50 S/L 12415 and T/p 12500-550/towards 12600, close abv 12630 seen new rally OR sell only below 12270-250 S/L 12290 and T/p 12200-150/12050/close below test 12850-900 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

for the day buy only abv 24600-630 S/L 24510 and T/p 24775-800/sustain abv 24800 seen new rally OR sell below 24150 S/L 24210 and T/p 24025/23940/ 23870/23775/down rally(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


continue to view, as long resistance of 5925 & 6000 down rally expected. for the day sell ard 5915-20 S/L 5925 and T/p 5875-50/5810 OR sell below 5775 S/L 5800 and T/p 5740-5700/5665/5630-40/close below test 5490-5500 atleast and towards 5450 in coming days, (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/ 348.5-349.5, for the day buy only abv 355 S/L 353.5 and T/p 357-357.5/ towards 361/close abv 361.5 test 370 atleast/towards 375 in coming days OR buy ard 347-347.2 S/L 346.5 and T/p 349-350/352 (upside strong rally only on close above 361.5 while close below 339/330-326.5/310 bearish for medium term)


MCXARUN
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