Thursday, April 2, 2009

safe trade calls

GOLD

Continue to view as long Support of 14925 & 14840 again bounce back expected. for the day buy only abv 15210 S/L 15180 and T/p 15245-275/ 15350/sustain abv towards 15600 in coming days OR sell below 14925 S/L 14960 and T/p 14870-825/sustain below towards 14650 and close below 14650 down rally sharp (any time close above 15600-660/16050 bullish while close below 14950-14650 bearish for medium term)


SILVER

PRICE TURN EXACT FROM OUR GIVEN SUPPORT=21575 AS DAYS LOW=21581. Now Xpect price towards 20800-20500 with any close below 21250 and as long Resistance of 22150. for the day sell below 21575 S/L 21680 and T/p 21450-400/21250 OR sell ard 22120-130 S/L 22150 and T/p 22000-21850 (any time close below 21250/ 20425 bearish rally while close above 22950/23900 bullish for medium term)


CRUDE

Price break our Support 2570 on 30-3-2009 and see fall sharply to make Low=2407 yesterday. Continue to view as long Resistance of 2490 & 2540 down trend seen continue. we book profit on sell below 2480/2440, for the day sell only below 2405 S/L 2420 and T/p 2390-2375/2350 OR sell ard 2398-2400 S/L 2405 and T/p 2480-2470 (now crude need to close above 2650/2760/ 2870 for bullish rally while close below 2405/2280-2200/1990 bearish for medium term)


COPPER

Trading Range seen between 200 & 209.5. Xpect price towards 195/185 with any close below 200 and Xpect price towards 215/225-30 Range with any close above 209.50. for the day buy only abv 208 S/L 206.60 and T/p 209.5/ 211 OR sell below 204.5 S/L 205.25 and T/p 203.5/202/200/199 (upside strong rally only on close above 209.5/ 217.5 while close below 199/182 bearish for medium term)


MCXARUN
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