Friday, July 17, 2009

safe trade calls!

GOLD

Now Uptrend expect with any close above 14825 & as long support of 14625. for the day buy only above 14825 S/L 14765 and T/p 14860/Close above 14825 seen towards 14950-975 atleast and close above 14975 seen towards 15250-15300 range in coming days OR buy ard 14632-40 S/L 14625 and T/p 14715-745-770, below 14625 Strict avoid Long (any time close above 14825-14975/15550/15960/16350 bullish while close below 14375/14100/13800 bearish for medium term)


SILVER


Continue to view expect more bounce back as long Support of 21700 & 21550. book profit on buy above 21500/21660, for the day buy only above 22000 S/L 21880 and T/p 22100-150/Close above 22000 seen towards 22250-22550 in coming days OR buy ard 21560-575 S/L 21550 and T/p 21700-21800 (any time close below 21100/20250 bearish rally while close above 22000/23000/24150/ 24725 bullish for medium term)


CRUDE


Now Xpect more bounce back on close above 3075 & as long Support of 3000. for the day buy only abv 3075 S/L 3045 and T/p 3110/Sustain above 3075 seen towards 3175-3250 in coming days OR sell only below 3000 S/L 3020 and T/p 2985-2945/Close below down Rally towards 2825 in coming days (now crude need to close above 3075/3230/ 3560 for bullish rally while close below 2945/2815/ 2650/2565/2400 bearish for medium term)


COPPER


for the day buy abv 257.75 & more above 258.30 S/L below 256 and T/p 261-62/Sustain Close abv 258.30 seen towards 271-274 Range atleast in coming days OR sell only below 253.25 S/L 254.30 and T/p 252.25-251.25/ 249.25 (upside strong rally only on close above 258.5 while close below 241.75/232/214.5 bearish for medium term)



MCXARUN
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