Friday, November 7, 2008

safe trade calls

GOLD

THIS WAS OUR VIEW YESTERDAY "sell ard 11765-70 S/L 11780 and T/p 11710-650" AND SEE PRICE TURN FROM HIGH=11767 AFTER THAT MAKE LOW OF 11450 (SMALL S/L BIG PROFIT) Continue to view, as long Resistance 11775 & 11900, down trend likely to continue. book profit on sell ard 11765, for the day sell only below 11450 S/L 11485 and T/p 11400/towards 11300 OR sell ard 11715-20 S/L 11730 and T/p 11675-600 (any time close above 11900/12375/12850/13600/14325 bullish while close below 11450/11290-250 bearish for medium term)


SILVER


SINCE LAST MANY DAYS OUR VIEW WAS DOWN TREND AND SEE PRICE WAS RALLY ALMOST 5-6 TIMES BUT FAIL TO BREAK OUR LEVEL AND FALL AGAIN SHARPLY. Continue to view as long Resist of 17250/17550 & 17750 down trend likely to continue. for the day sell only below 16725 S/L 16830 and T/p 16575-600/sustain below towards 16300 & 16100 and close below 16100 test 15400 atleast in coming days OR sell ard 17220-230 S/L 17250 and T/p 17150-17000 (any time close below 16100-15975 bearish rally while close above 17750/19000/20550/ 21400/22150/25250/26350/27475/ 28000 bullish for medium term)


CRUDE

THIS WAS OUR VIEW YESTERDAY "sustain close below 3045 test 2900-2890 atleast in coming days" & SEE PRICE MAKE LOW OF 2920. Continue to view, as long Resistance 3150, down trend likely to continue. book profit on sell below 3130, for the day sell only below 2920 S/L 2945 and T/p 2900-2890/sustain below towards 2825 OR sell ard 3060-70 S/L 3075 and T/p 3030-3000 (now crude need to close above 3450/3765/4120/4400/4800/5000/5290 for bullish rally while close below 2920 bearish for medium term)


COPPER


Continue to view, as long Resistance of 196/206 & 215, down trend likely to continue. book profit on sell below 195, for the day sell only below 186 S/L 188 and T/p 184-83/180/sustain close below 186 towards 170-165 in coming days OR sell ard 193.2-193.50 S/L 194 and T/p 191/189 (upside strong rally only on close above 215/234.5/248/270/305/ 316/327/339/ 351.25/360.5/387/398 while close below 186 bearish for medium term)


MCXARUN
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