Wednesday, July 9, 2008

safe trade calls

GOLD


for the day sell only below 12760-750 S/L 12785 and T/p 12700/upto 12600 OR sell ard 13085-95 S/L 13100 and T/p 13025-13000/upto 12925 (any time close above 13100/13330/13510 bullish while close below 12750/12150/11920/ 11775/11375/11200 bearish for medium term)


SILVER



for the day sell below 24975 S/L 25050 and T/p 24880/775-725/24600 OR buy only abv 25425 S/L 25350 and T/p 25525-600/towards 25775-825/uprally(any time close below 24340/23525/ 23075/21825 bearish rally while close above 26150/26900/28000 bullish for medium term)


CRUDE


Crude oil inventory schedule to release today. for the day sell below 5840 S/L 5865 and T/p 5400-5770/ towards 5710/ 5635 OR sell ard 6062-70 S/L 6075 and T/p 6015-5975 upto 5930, only abv 6180/6220 & 6300 uprally again (now crude need to close above 6220/6300 for bullish rally while close below 5845/5635/5440/5215/5100/ 4415/3890 bearish for medium term)


COPPER



we book profit on sell below 366.5/364, for the day sell below 351 S/L 352.7 and T/p 349-347/towards 343 OR sell ard 361.8-362.5 S/L 363 and T/p 360-358/ upto 356 (upside strong rally only on close above 371/387.5/398 while close below 351.5/339/331.5-330.5/326/311 bearish for medium term)


MCXARUN

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