Friday, May 15, 2009

safe trade calls

GOLD

Continue to view, as long Support of 14700 & 14550 Uptrend seen continue. for the day buy only abv 14915 S/L 14870 and T/p 14950/sustain abv towards 15050-75/towards 15150 in coming days OR buy ard 14560-565 S/L 14550 and T/p 14620-700 (any time close above 14950/15075/15600/16050 bullish while close below 14200/13990-13925 bearish for medium term)


SILVER

PRICE TURN ALMOST FROM OUR GIVEN SUPPORT. Continue to view as long Support of 22525 & 22350 uptrend seen continue. for the day buy only abv 23125 & more abv 23200 S/L 23025 and T/p 23300-400/Sustain close abv 23200 Potential towards 23900/24300 in coming days OR sell only below 22550-525 S/L 22650 and T/p 22450-350 where support seen (any time close below 22200/21300/20700/19950 bearish rally while close above 23200/ 24300 bullish for medium term)


CRUDE

PRICE BOUNCE ALMOST FROM OUR GIVEN SUPPORT=2810. Continue to view as long Support of 2825 & 2810 uptrend seen continue. for the day buy only abv 2885 S/L 2865 and T/p 2910/ 2950/2980/Sustain abv towards 3050 in coming days OR sell only below 2810 S/L 2830 and T/p 2780-2740 (now crude need to close above 2980 for bullish rally while close below 2810/2660-2600/ 2490/2375 bearish for medium term)

COPPER

THIS WAS OUR VIEW IN REPORT Dt.13-5-09 "below 226 seen towards 222/216 in coming days" & SEE LOW REGISTER TILL NOW=217.8. Continue to view, as long Resistance of 226 & 232.5 down trend seen continue. book profit on sell below 226/222, fresh sell below 222 S/L 223.5 and T/p 220-218/ towards 216 OR sell ard 227.8-228 S/L 228.5 and T/p 225.5-223 (upside strong rally only on close above 234.5/245.5 while close below 217.75/214/199/182 bearish for medium term)


MCXARUN
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