Friday, August 29, 2008

safe trade calls

GOLD

THIS WAS OUR WORDS SINCE LAST 1-WEEK "as long Resistance 11950 down trend continue" AND SEE PRICE TURN EXACT FROM SAME LEVEL YESTERDAY=11945. Continue to view as long Resistance 11950, down trend continue. for the day sell only below 11735-25 S/L 11755 and T/p 11690/655/630/11590/sustain below down rally OR buy only abv 11950 S/L 11925 and T/p 11985-12000/12050 (any time close above 11950/12680/12950/ 13550/13850 bullish while close below 11590/11275/11125 bearish for medium term)


SILVER

PRICE TURN ALMOST FROM OUR GIVEN SUPPORT=20050 AS DAYS LOW=20070. Continue to view, as long Resistance 20600 down trend likely to continue. for the day sell below 20125 & 20050 S/L 20200 and T/p 20000/ towards 19850/sustain below 19800 seen down rally sharp OR sell ard 20530-540 S/L 20550 and T/p 20450-375, only sustain abv 20600 trigger buy call again (any time close below 19200-18900 bearish rally while close above 20600/21900/22850/25000/26100/ 27250/28000 bullish for medium term)


CRUDE

Trading Range seen between 4950 & 5300, either side Break-Out will give sharp rally. for the day sell below 4990 & more below 4950 S/L 5010 and T/p 4910-15/4875 OR sell ard 5205-10 S/L 5215 and T/p 5180-150/upto 5120 (now crude need to close above 5290/5475/ 5710/6375 for bullish rally while close below 4950/4865/4760 bearish for medium term)

COPPER

PRICE TURN EXACT FROM OUR GIVEN RESISTANCE=338 AS DAYS HIGH=338. Continue to view as long Resistance of 338 & 340.5, down trend continue. book profit on sell below 335.5, fresh sell below 329 & more below 328 S/L 330.5 and T/p 325-323 atleast OR sell ard 336.2-336.5 S/L 337 and T/p 335-333 (upside strong rally only on close above 340.5/351/ 360.5/ 371/387.5/398 while close below 328/ 312/302/289/265/251.5/235 bearish for medium term)

MCXARUN
9994500540

long view calls

NYMEX CRUDE OIL
LIKELY TO TEST $ 126 UPTO 128 WITH ANY BREAK & CLOSE ABOVE $ 122, WHILE CLOSE BELOW $ 112-111.5 TEST $ 106-5 TOWARDS $ 102 IN COMING DAYS(OCT)


ZINC
LIKELY TO TEST 83.75/85.5 WITH ANY BREAK & CLOSE ABOVE 81.75, WHILE CLOSE BELOW 77.5 TEST 75.75/73.5, ONLY ABOVE 86 BULLISH RALLY (SEP)


NICKEL
LIKELY TO TEST 965-70/TOWARDS 980 WITH ANY BREAK & CLOSE ABOVE 945, WHILE CLOSE BELOW 875 TEST 950-935 IN COMING DAYS (SEP)


ALUMINUM
LIKELY TO TEST 126/129 UPTO 132 WITH ANY BREAK & CLOSE ABOVE 124, WHILE CLOSE BELOW 117 TEST 114-13, BELOW DOWN RALLY (SEP)


LEAD
LIKELY TO TEST 77 UPTO 75 WITH ANY BREAK & CLOSE BELOW 81, WHILE ONLY CLOSE ABOVE 99-100 SEEN BULLISH RALLY SHARP (SEP)


NAT GAS
LIKELY TO TEST 420/440 WITH ANY BREAK & CLOSE ABOVE 407, WHILE CLOSE BELOW 340 TEST 320 TOWARDS 305 (SEP)


MCXARUN
9994500540

tecnical charts

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MCXARUN
9994500540