Friday, October 3, 2008

safe trade calls

GOLD

Broad Range seen between 13800 & 12900 for medium term, either side break will gives sharp rally. book profit on sell below 13225, for the day sell only below 13100 S/L 13140 and T/p 13025/below towards 12900/sustain close below seen sharp down rally OR sell ard 13585-595 S/L 13600 and T/p 13540-425 (any time close above 13800 -860 bullish while close below 13120/ 12900/12425/11775/11250 bearish for medium term)


SILVER

we book profit on sell below 20875/ 20650/20000, for the day sell below 20250 S/L 20350 and T/p 20050/19910/ 19800/sustain below towards 19550 atleast OR sell ard sell ard 20920-930 S/L 20950 and T/p 20850/750/20650 (any time close below 19800/18950/ 17650 bearish rally while close above 21400/22150/25250/26350/27475/ 28000 bullish for medium term)


CRUDE

PRICE TURN EXACT FROM OUR GIVEN RESISTANCE=4800 AS DAYS HIGH=4799. for the day sell below 4550 S/L 4575 and T/p 4515-4490/towards 4425/sustain close below towards 4275 in coming days OR sell ard 4790-95 S/L 4800 and T/p 4750-4700, only sustain abv 4960 & 5025 uptrend again (now crude need to close above 4960-5030/ 5305/5460 for bullish rally while close below 4425/4250/3960 bearish for medium term)


COPPER

THIS WAS OUR WORDS "below 310 seen down rally sharp" & SEE PRICE BREAK 310 AND MAKE LOW OF 288.5 book profit on sell below 313.5/ 303/299.5, for the day sell below 288.5 S/L 290 and T/p 284-281 OR sell ard 300-300.5 S/L 301 and T/p 297.5-296 upto 292 (upside strong rally only on close above 305/316/327/339/351.25/ 360.5/387/398 while close below 288/ 265/251.5/235 bearish for medium term)


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MCXARUN

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