Thursday, January 8, 2009

safe trade calls

GOLD

PRICE TURN ALMOST FROM OUR GIVEN SUPPORT=13140 AS DAYS LOW=13150. we book profit on sell below 13575/13440/13200-190, for the day sell only below 13140 S/L 13180 and T/p 13090/close below test 12900-12850 Range atleast OR sell ard 13460-70 S/L 13475 and T/p 13430-380 (any time close above 13575/13800/14400 bullish while close below 13090/12650-600/12330/11950/11525-420 bearish for medium term)


SILVER

Continue to view as long Resistance of 18700 & 18850 down trend seen continue. our S/L hit in sell on rally but book profit on sell below 18250, for the day sell below 18050 S/L 18150 and T/p 17950-875/17625/sustain close below towards 17000 atleast in coming days OR buy only abv 18700 S/L 18570 and T/p 18800-850/close above test 19300 atleast in coming days (any time close below 17625-525/16925/16100/15775 bearish rally while close above 18850/ 19475/20975/21725 bullish for medium term)


CRUDE

Still good support at 2020 & 1990, as long hold some bounce back expected. for the day sell below 2125 S/L 2140 and T/p 2110-2070/below towards 2020 and close below down rally sharp OR sell ard 2240-45 S/L 2250 and T/p 2220-2190 (now crude need to close above 2450/2560/ 2860 for bullish rally while close below 2125/2020-1990/1790-1750 bearish for medium term)

COPPER

Still, good support seen at 159.5 & 151.5 from where bounce back expected. book profit on sell below 169.5, fresh sell only below 164 S/L 165.5 and T/p 162.5/159.5 OR buy abv 167.5 S/L 166.25 and T/p 169.5-171 (upside strong rally only on close above 175/183.5/191.5/197.5/204.5/219/238/ 271 while close below 159.5/151.5/144/ 138.5 bearish for medium term)


MCXARUN
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