Wednesday, January 7, 2009

safe trade calls

GOLD

THIS WAS OUR VIEW "below 13350 test 13150-13050 Range" AND SEE LOW=13094 ** PRICE TURN ALMOST FROM OUR GIVEN RESIST=13450 AS DAYS HIGH=13435. we book profit on sell below 13575/13440/13200, for the day sell only below 13190 S/L 13235 and T/p 13150/13090/sustain below towards 12900 in coming days OR sell ard 13560-70 S/L 13575 and T/p 13500-460 (any time close above 13800/14400 bullish while close below 13090/12650-600/12330/11950/11525-420 bearish for medium term)


SILVER

Continue to view as long Resistance of 18625 & 18750 down trend seen continue. we book profit on sell below 18100, for the day sell only below 18250 S/L 18330 and T/p 18150-18075/below towards 18875/below towards 18700 OR sell ard 18740-760 S/L 18775 and T/p 18600-500, only close above 18775 uprally again to test 193250-350 Range atleast in coming days (any time close below 17625-525/16925/16100/15775 bearish rally while close above 18750/ 19475/20975/21725 bullish for medium term)


CRUDE

Crude oil Inventory Schedule to release today. for the day buy only abv 2420 S/L 2397 and T/p 2450-60/sustain abv towards 2500-2520 in coming days OR sell below 2335 S/L 2350 and T/p 2320-2280/sustain below towards 2230 (now crude need to close above 2450/2560/ 2860 for bullish rally while close below 2225/2020-1990/1790-1750 bearish for medium term)

COPPER

Continue to view as long support of 164/ 159.5 upside seen continue. we book profit on buy abv 158/161.25, for the day buy only abv 171.5 S/L 170 and T/p 173-74/sustain close abv 171 seen towards 180-182 in coming days OR sell below 169.5 S/L 171.5 and T/p 168/166.5/164/162.5/below down rally (upside strong rally only on close above 171.5/183.5/191.5/197.5/204.5/219/ 238/271 while close below 159.5/151.5/ 144/138.5 bearish for medium term)


MCXARUN
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