Tuesday, January 13, 2009

safe trade calls

GOLD

THIS WAS OUR VIEW "below 13090 test 13875-900 Range atleast" & SEE PRICE MAKE LOW=12850 AFTER BREAK 13090. Continue to view as long Resistance 13200/13325 down trend continue. for the day sell below 12900 S/L 12950 and T/p 12850/sustain below towards 12775 atleast/towards 12700 in coming days OR sell ard 13280-290 S/L 13300 and T/p 13200-170 (any time close above 13575/13800/ 14400 bullish while close below 12650-600/12330/ 11950/11525-420 bearish for medium term)


SILVER

For the day sell only below 17900 S/L 18000 and T/p 17800-750/below towards 17625/close below new down rally OR sell ard 18320-330 S/L 18350 and T/p 18220-160 (any time close below 17900/17625/16925/16100/15775 bearish rally while close above 18850/ 19475/20975/21725 bullish for medium term)


CRUDE


THIS WAS OUR WORDS IN REPORT Dt. 9 JAN "close below 1990 seen towards 1875-1825 Range again in coming days" & SEE LOW MAKE YESTERDAY=1849. Continue to view as long Resist 1970 down rally continue. book profit on sell below 1940, fresh sell below 1840 S/L 1855 and T/p 1825/ towards 1790-95/ below 1790 & 1750 seen new down rally OR sell ard 1920-25 S/L 1930 and T/p 1900-1880 (now crude need to close above 2150/2450/ 2560/2860 for bullish rally while close below 1790-1750 bearish for medium term)


COPPER


book profit on sell below 166, for the day sell below 160.5 S/L 161.8 and T/p 159.5/158.5/sustain below towards 154 OR sell ard 167.4-167.6 S/L 168 and T/p 165.5/164 (upside strong rally only on close above 175/183.5/191.5/197.5/ 204.5/219/238/271 while close below 158.5/151.5/144/138.5 bearish for medium term)


MCXARUN
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