Friday, September 5, 2008

safe trade calls

GOLD

Continue to view as long Resistance 11950, down trend continue. book profit on sell below 11775, for the day sell below 11540-520 S/L 11570 and T/p 11465-475/sustain below towards 11300 in coming days OR buy only abv 11725 S/L 11695 and T/p 11760-800 (any time close above 11950/12680/12950/13550/ 13850 bullish while close below 11520/ 11275/11125 bearish for medium term)


SILVER

PRICE TURN EXACT FROM OUR GIVEN RESISTANCE=20200 AS DAYS HIGH WAS 20200. Continue to view, as long Resistance 20500 & 20850 down trend likely to continue. for the day sell below 19700 S/L 19820 and T/p 19600-620/sustain below towards 19350-300 and close below 19300 seen new down rally OR sell ard 20340-350 S/L 20375 and T/p 20250-175/upto 20000 (any time close below 19325/18550/18000 bearish rally while close above 20850/ 22150/25250/26350/27475/28000 bullish for medium term)


CRUDE

PRICE TURN ALMOST FROM OUR GIVEN RESISTANCE=4910 AS DAYS HIGH WAS 4896. book profit on sell below 5070/4900, sell below 4750 S/L 4775 and T/p 4720-4700/sustain close below 4700 test 4550-4600 atleast in coming days OR buy only abv 4935 & more abv 4955 S/L 4915 and T/p 5000-5030 (now crude need to close above 5180/5290/5475/5710/6375 for bullish rally while close below 4700 bearish for medium term)


COPPER


Continue to view as long Resistance of 328.5 & 339, down trend continue. book profit on sell below 325.5/321, for the day sell below 319 S/L 320.6 and T/p 318/316/313.5/below down rally OR buy only abv 327 S/L 325.7 and T/p 328.5/ sustain abv towards 333 in coming days (upside strong rally only on close above 339/351.25/360.5/387/398 while close below 314/303.5/289/265/251.5/235 bearish for medium term)


MCXARUN
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