Friday, February 6, 2009

safe trade calls

GOLD

Continue to view as long Support of 14075 & 13925 uptrend seen continue. we book profit on buy abv 14175, for the day buy abv 14325 S/L 14300 and T/p 14365-400/14450, anytime sustain close above 14450 seen new uprally for medium term OR buy ard 14060-65 S/L 14050 and T/p 14110-160 (any time close above 14450 bullish while close below 13740/13350/13025/12750 bearish for medium term)


SILVER


Continue to view as long Support of 19700 & 19425 uptrend seen continue. we book profit on buy abv 19800/19900, fresh buy only abv 20300 S/L 20240 and T/p 20350 atleast/towards 20800 in coming days OR buy ard 19830-840 S/L 19800 and T/p 19950-20050 (any time close below 19425/18900/18000/17375/ 16925/16100/15775 bearish rally while close above 20300/20975/21725 bullish for medium term)


CRUDE


Continue to view as long Resistance of 2050-60 & 2130 down trend seen continue. for the day sell below 1950 S/L 1965 and T/p 1925/sustain close below 1925 potential towards 1780-1580 in coming days OR sell ard 2050-55 S/L 2060 and T/p 2030-2010 (now crude need to close above 2130/2320/2650-75/2950 for bullish rally while close below 1925 bearish for medium term)


COPPER


PRICE TURN EXACT FROM OUR GIVEN SUPPORT=160.5 AS PRICE TURN FROM DAYS LOW=160.65 we book profit on sell below 163, for the day sell below 161.5 S/L 163 and T/p 160.5-157/below towards 153 OR sell ard 170.9-171.5 S/L 173.5 and T/p 168.5-165.5 (upside strong rally only on close above 174-175/183.5/191.5/ 197.5/204.5/219/238/271 while close below 150.5/144/138.5 bearish for medium term)


MCXARUN
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