Tuesday, November 4, 2008

important chart

click the pic for large view





MCXARUN
9994500540

safe trade calls

GOLD

Continue to view, as long Resistance 11780/11900 & 12150, down trend likely to continue. book profit on sell below 12050/11700/11585. for the day sell only below 11540 S/L 11565 and T/p 11480-475/sustain below 11540 seen towards 11300 in coming days OR sell ard 11780-790 S/L 11800 and T/p 11725/11670 (any time close above 12375/12850/13600/14325 bullish while close below 11540/11290-250 bearish for medium term)


SILVER

Continue to view as long Resist of 17375/17550 & 17750 down trend likely to continue. for the day sell only below 16600 S/L 16710 and T/p 16510/16400/ 16315-265/16100/sustain close below towards 15400 atleast in coming days OR sell ard 17050-17075 S/L 17100 and T/p 16950-850 (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

Continue to view, as long Resist 3420 & 3450, down trend likely to continue. book profit on sell below 3320, for the day sell below 3150 S/L 3175 and T/p 3110-3100/sustain close below 3150 test 3025-40 atleast in coming days OR sell ard 3288-95 S/L 3300 and T/p 3250-30(now crude need to close above 3450/3765/4120/4400/4800/5000/5290 for bullish rally while close below 3150 bearish for medium term)


COPPER


Continue to view, as long Resistance of 212 & 215, down trend likely to continue. book profit on sell below 223.5/205.5/205, for the day sell below 201 S/L 202.5 and T/p 199.5/197.5-196/ sustain below towards 188.5 and close below 188.5 test 167-170 atleast in coming days OR sell ard 209.2-209.5 S/L 210 and T/p 207.5/205.5 (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 195.5/188.5 bearish for medium term)


MCXARUN
9994500540