Wednesday, January 28, 2009

safe trade calls

GOLD

US Fed Interest Rate decision schedule today expected at 12.45 night. SINCE PRICE BREAK 13325 WE ANALYSE UPTREND & SEE PRICE NOW. THIS WAS OUR VIEW "close above 13800 towards 14200-300 Range atleast" & SEE HIGH MADE TILL NOW=14214.Continue to view as long Support of 13740 & 13475 uptrend seen continue. for the day buy abv 14150 S/L 14120 and T/p 14185-225/sustain abv towards 14350 and anytime close above 14400 Xpect new uprally for coming weeks OR buy ard 13750-760 S/L 13740 and T/p 13810-860 (any time close above 14200 -400 bullish while close below 13475/ 13000/12725/12330/11950/11525-420 bearish for medium term)

SILVER

THIS WAS OUR VIEW "close above 18850 test 19500-600 Range atleast & SEE HIGH REGISTER TILL NOW= 19595. Continue to view as long Support of 18800 & 18525 uptrend seen continue. we book profit on buy abv 19400, for the day buy only abv 19550-600 S/L 19450 and T/p 19750-800/ towards 20000 OR buy ard 18970-980 S/L 18950 and T/p 19075-19175 (any time close below 18525/18000/17375/ 16925/16100/15775 bearish rally while close above 19600/20975/21725 bullish for medium term)


CRUDE

Crude oil Inventory Schedule to release today. Now as long support of 1990 & 1950 some bounce back expected buy uptrend only close above 2320. for the day buy only abv 2155 S/L 2135 and T/p 2180-2230 OR buy ard 1995-2000 S/L 1990 and T/p 2030-40/2080, only sustain below 1990 & 1950 down trend and close below 1930 potential towards 1780 - 1580 in coming days (now crude need to close above 2320/2650-75/ 2950 for bullish rally while close below 1925 bearish for medium term)


COPPER

Now as Long support of 158.5/154 & 151 some bounce back expected. for the day buy abv 163.5 S/L 162.2 and T/p 165-167 OR sell below 158.5 S/L 160 and T/p 156-154.5 (upside strong rally only on close above 174-175/183.5/ 191.5/197.5/204.5/219/238/271 while close below 150.5/144/138.5 bearish for medium term)


MCXARUN
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