Thursday, February 5, 2009

safe trade calls

GOLD

Continue to view as long Support of 13925 & 13740 uptrend seen continue. for the day buy abv 14175 S/L 14145 and T/p 14230-240/sustain abv towards 14350-425 OR buy ard 13860-865 S/L 13850 and T/p 13925-14000, anytime sustain close above 14450 seen new uprally for medium term (any time close above 14450 bullish while close below 13740/13350/13025/12750 bearish for medium term)


SILVER

Continue to view as long Support of 19550/19400 & 18900 uptrend seen continue. we book profit on buy abv 19800, fresh buy only abv 19900 S/L 19810 and T/p 20025-50/sustain close above test 20350 atleast/towards 20800 in coming days OR buy ard 19420-430 S/L 19400 and T/p 19550-19650 (any time close below 18900-525/18000/ 17375/16925/16100/15775 bearish rally while close above 20050/20975/21725 bullish for medium term)


CRUDE


PRICE TURN EXACT FROM OUR GIVEN RESISTANCE=2050 AS DAYS HIGH WAS 2049. Continue to view as long Resistance of 2050-60 & 2130 down trend seen continue. for the day sell below 1975 S/L 1990 and T/p 1965-50/1925/sustain close below 1925 potential towards 1780-1580 in coming days OR sell ard 2055-60 S/L 2065 and T/p 2040-2020 (now crude need to close above 2130/2320/2650-75/2950 for bullish rally while close below 1925 bearish for medium term)


COPPER


we book profit on sell last, for the day sell only below 163 S/L 165 and T/p 161-158 OR sell ard 169.4-169.6 S/L 170 and T/p 167-165 (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
9994500540

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