Friday, February 20, 2009

safe trade calls

GOLD

Continue to view as long Support of 15350/15050 & 14725 uptrend likely to continue. for the day buy only abv 15625 S/L 15580 and T/p 15680-725/ close abv towards 16000 in coming days OR buy ard 15180-190 S/L 15170 and T/p 15250-15300 (any time close above 15710 bullish while close below 14725/13925-13740/13350/13025/ 12750 bearish for medium term)


SILVER

Still Xpect price towards 24000-24500 Range as long Support of 22500. for the day buy only abv 23150 S/L 23040 and T/p 23260-23370/23450/close abv towards 24000-24500 in coming days OR buy ard 22150-160 S/L 22125 and T/p 22260-22400 (any time close below 21500/20925/20150/19425/18900/ 18000/17375/16925/16100/15775 bearish rally while close above 23450/ 25000/26100/27250 bullish for medium term)


CRUDE


Continue to view as long Resistance of 2000 & 2060 down trend seen continue. for the day sell below 1940 S/L 1960 and T/p 1910-1895/below 1860/close below test 1800-1780 atleast in coming days OR sell ard 2050-55 S/L 2060 and T/p 2030-2000 (now crude need to close above 2205/ 2335/2450/2765 for bullish rally while close below 1860/1625 bearish for medium term)


COPPER

THIS WAS OUR VIEW YESTERDAY "sell ard 163.4-163.6 S/L 164 and T/p 162-160.5" & SEE PRICE TURN FROM HIGH=163.6 AFTER FALL TO 161. Continue to view as long Resistance of 164 & 165.5 more down side expected. for the day sell only below 160.5 S/L 161.50 and T/p 159.50/158.25/155.50/ 153/151/below down rally OR sell ard 165-165.25 S/L 165.5 and T/p 163-161.5 (upside strong rally only on close above 170/177.5/196/204.5/219/238/271 while close below 150.5/144/138.5 bearish for medium term)


also see this link
we never fails in our important chart calls

MCXARUN

No comments: