Thursday, November 20, 2008

safe trade calls

GOLD

THIS WAS OUR VIEW YESTERDAY "buy only abv 11925 S/L 11890 and T/p 11980-12000/towards 12100" ACHIEVED WITHIN 1-HOURS. Now, as long Resistance of 12150 & 12225 down trend likely to continue. for the day sell only below 11850 S/L 11885 and T/p 11810-800/11720-730/sustain below towards 11630 OR sell ard 12160-170 S/L 12180 and T/p 12125/12070 (any time close above 12225-12375/12850/ 13600/14325 bullish while close below 11450/11290-250 bearish for medium term)


SILVER

THIS WAS OUR WORDS "as Long Resist 16575 & 16825 down trend continue" AND SEE PRICE TURN EXACT FROM OUR LEVEL FROM HIGH=16826. Continue to view as long Resist of 16830 down trend likely to continue. for the day sell only below 16200 S/L 16280 and T/p 16100-16000/ close below 16000 test 15400 atleast in coming days OR sell ard 16660-670 S/L 16700 and T/p 16575-500 (any time close below 16000-15975 bearish rally while close above 16850/17750/19000/ 20550/21400/22150/25250/26350/ 27475/28000 bullish for medium term)


CRUDE


Continue to view, as long Resistance 2970 & 3040, down trend likely to continue. for the day sell only below 2750 & more below 2730 S/L 2765 and T/p 2700-2680 OR sell ard 2860-65 S/L 2870 and T/p 2840-2815 (now crude need to close above 2970/3040/3200/ 3525/3790/4170/4380/4980 for bullish rally while close below 2735 bearish for medium term)


COPPER

Continue to view, as long Resistance of 187/191 & 199, down trend likely to continue. book profit on sell below 182.50, for the day sell only below 178 S/L 180 and T/p 176-75/sustain close below 178 towards 165-170 in coming days OR sell ard 186.3-186.6 S/L 187 and T/p 184-84 (upside strong rally only on close above 199/215/234.5/248/270/ 305/316/327/339/351.25/360.5/387/398 while close below 178 bearish for medium term)


MCXARUN
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