Wednesday, September 2, 2009

safe trade calls!

GOLD


Continue to view Expect price towards 15300-350 atleast/upto 15550 as long Support of 15020. for the day buy abv 15225 S/L 15200 and T/p 15260-300/ 15350 OR sell only below 15020 S/L 15065 and T/p 14925/below down Rally sharp (any time close above 15225/ 15550/15960/16350 bullish while close below 14690-14585/14375/14100/13800 bearish for medium term)


SILVER


THIS WAS OUR VIEW YESTERDAY "UPTREND SEEN CONTINUE AS LONG SUPPORT OF 24000 AND SEE PRICE TURN FROM LOW=23986 AND AFTER THAT RALLY TOWARDS NEW DAYS HIGH=24596. Continue to view expect price towards 24800-24900 as long Support of 24000. book profit on buy abv 24375, fresh buy only abv 24600 S/L 24490 and T/p 24700-24800/ Sustain close abv 24800 Potential towards 26500-700 in coming weeks OR sell only below 24050 & more below 23975 S/L 24160 and T/p 23800-23650 (any time close below 23475-23175/ 22700 bearish rally while close above 24900 bullish for medium term)


CRUDE


THIS WAS OUR VIEW YESTERDAY "sell ard 3490-95 S/L 3500 and T/p 3470-3440" AND SEE PRICE TURN FROM DAYS HIGH=3493 AND AFTER THAT FALL TOWARDS DAY LOW=3371 AND ALSO PRICE TURN FROM OUR GIVEN SUPPORT=3365. Continue to view expect price towards 3330-3310/ 3250-3230 as long Resistance of 3470-3500. book profit on sell below 3500/3490, fresh sell only below 3365 S/L 3385 and T/p 3330-3310/below down Rally sharp OR sell ard 3460-65 S/L 3470 and T/p 3430-3410 (now crude need to close above 3580/3650 for bullish rally while close below 3365/3310/3170/3015/2900 bearish for medium term)



COPPER


THIS WAS OUR VIEW YESTERDAY "sell ard 313.5-313.8 S/L 314 and T/p 311.50/309" JUST MISS THE LEVEL BUT VIEW WAS CORRECT AS PRICE TURN FROM DAYS HIGH=313.2 AND AFTER THAT FALL TO MAKE NEW DAYS LOW=304 Continue to view expect price towards 289/279 only with close below 303.5 and as long Resistance of 308.5/313.5. book profit on sell below 306.25, fresh sell only below 303.5 S/L 306 and T/p 301/299/ towards 293 in coming days OR sell ard 311.75-312 S/L 312.25 and T/p 309/306 (upside strong rally only on close above 319.5 while close below 303.5/287 bearish for medium term)



MCXARUN
9994500540

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