Thursday, March 12, 2009

safe trade calls

GOLD

Continue to view Xpect price towards 14825-740/650 atleast/ towards 14400 as Long Resistance of 15325. for the day sell below 15090 S/L 15125 and T/p 15030-15000/below towards 14875-850/ close below test 14700 atleast/towards 14400 in coming days OR sell ard 15300-320 S/L 15325 and T/p 15220-150 (any time close above 15660/16050 bullish while close below 14850-14725/ 13925-13740/13350/13025/12750 bearish for medium term)

SILVER

Continue to view as long Resist of 22200 & 22425 down trend seen continue. for the day sell below 21850 S/L 21950 and T/p 21760-600/21450/ close below test 20900 atleast in coming days OR sell ard 22400-410 S/L 22425 and 22300-200 (any time close below 21450/19175/17750/16500 bearish rally while close above 22850/ 23900/25000/26100/27250 bullish for medium term)


CRUDE

Now Xpect price towards 2180 atleast/ upto 2100 with any close below 2220 & as long Resistance of 2390. for the day sell only below 2200 S/L 2220 and T/p 2180/2145 OR sell ard 2285-90 S/L 2295 and T/p 2260-2240 (now crude need to close above 2510/2765 for bullish rally while close below 2220/ 2070/1930/1860/1625 bearish for medium term)

COPPER

Continue to view expect price in range 183-195.50, break will gives sharp move. for the day sell below 185 S/L 186.10 and T/p 184-183/below towards 179 OR buy only abv 189 S/L 188 and T/p 191-192/abv towards 195 & close abv 195 test 200 atleast/towards 207 in coming days (upside strong rally only on close above 195.5/200/217.5 while close below 175.50/160/154/140.5 bearish for medium term)


MCXARUN
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