Tuesday, September 15, 2009

safe trade calls!

GOLD

Continue to view Expect price towards 16200 as long Support of 15700. book profit on buy abv 15760, fresh buy only abv 15870 & more abv 15900 S/L 15840 and T/p 15960/abv towards 16200 in coming days OR sell below 15700 S/L 15730 and T/p 15640-600 (any time close above 15960/16200 bullish while close below 15000/14690-14585/14375/ 14100/ 13800 bearish for medium term)


SILVER


PRICE TURN ALMOST FROM OUR GIVEN LEVEL AS THIS WAS OUR VIEW YESTERDAY "buy ard 26415-425 S/L 26400 26660-26850" AND SEE PRICE TURN FROM LOW=26450 AND AFTER THAT RALLY TOWARDS 26889. Now expect new Uprally only with close abv 27250 and as long Support of 26450. for the day buy only abv 26980 S/L 26890 and T/p 27200-250/Close abv seen new sharp Uprally OR sell only below 26425 S/L 26500 and T/p 26300-26150/below 26000 sharp down Rally (any time close below 26000/24300/23475-23175/22700 bearish rally while close above 27225 bullish for medium term)


CRUDE


PRICE TURN ALMOST FROM OUR GIVEN RESISTANCE=3395 AS DAYS HIGH=3387. Now expect price towards 3180-3170 only with close below 3295 and as long Resistance of 3450-3500. book profit on sell below 3445 & more below 3435, for the day sell below 3330 S/L 3352 and T/p 3295/below down Rally OR sell ard 3418-22 S/L 3425 and T/p 3390-3370 (now crude need to close above 3530-3580/3650 for bullish rally while close below 3295/3170/3015/2900 bearish for medium term)



COPPER


Continue to view Expect price towards 288-278-272 only with Close below 297.75 and as long Resistance of 312.5. book profit on sell below 309/ 303, fresh sell below 300 S/L 301.5 and T/p 298-297.5/below down Rally OR sell ard 307.5-307.75 S/L 308 and T/p 305.5-303.5 (upside strong rally only on close above 319.5 while close below 297.75/ 287 bearish for medium term)


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