Thursday, February 19, 2009

safe trade calls

GOLD

Continue to view as long Support of 15350/15050 & 14725 Xpect price towards 15700 atleast/16000 in coming days. for the day buy only abv 15625 S/L 15570 and T/p 15660-700/sustain abv towards 16000 OR buy ard 15260-270 S/L 15250 and T/p 15330-400 (any time close above 15625 bullish while close below 14725/13925-13740/13350/ 13025/12750 bearish for medium term)


SILVER

THIS WAS OUR WORDS IN REPORT Dt.17-2-09 "Xpect price towards 24000-24500 Range with any close above 21750" & SEE PRICE MAKE HIGH=23392 TILL NOW (Rs.1650 Rally within 2-days). Continue to view Xpect price towards 24000-24500 Range as long Support of 22700. book profit on buy ard 20930-940/21450/ 21750/23000, for the day buy only abv 23400-450 S/L 23320 and T/p 23550-600/700 OR buy ard 22830-840 S/L 22800 and T/p 22900-23000 (any time close below 21500/20925/20150/19425/18900/ 18000/17375/16925/16100/15775 bearish rally while close above 23400/ 25000/26100/27250 bullish for medium term)


CRUDE

Crude oil Inventory Schedule to release today. THIS WAS OUR WORDS IN REPORT Dt.16-2-2009 "sustain close below 2030 potential towards 1900-1800-1700 in coming weeks" & SEE PRICE REGISTER LOW=1875 TILL NOW (within 3-days price fall by Rs.155) Continue to view as long Resistance of 1960 & 2060 down trend seen continue towards 1800-1700 in coming weeks. book profit on sell below 1940, for the day sell only below 1865 S/L 1880 and T/p 1850-1830 OR sell ard 1950-55 S/L 1960 and T/p 1925-1910 (now crude need to close above 2205/ 2335/2450/2765 for bullish rally while close below 1875/1625 bearish for medium term)


COPPER

Continue to view as long Resistance of 164 & 165.5 more down side expected. for the day sell only below 156.5 S/L 157.80 and T/p 155.50/153/151/below down rally OR sell ard 163.4-163.6 S/L 164 and T/p 162-160.5 (upside strong rally only on close above 170/177.5/196/ 204.5/219/238/271 while close below 150.5/144/138.5 bearish for medium term)


MCXARUN
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