Tuesday, February 24, 2009

safe trade calls

GOLD

THIS WAS OUR VIEW YESTERDAY "buy ard 15560-570 S/L 15550 and T/p 15630-700" & SEE PRICE TURN FROM LOW EXACT=15560 AND MAKE HIGH=15929. Continue to view as long Support of 15550 & 15475 uptrend likely to continue. we book profit on buy ard 15570-625, for the day buy only abv 15950 S/L 15900 and T/p 16000-16050/abv towards 16200 in coming days OR buy ard 15660-665 S/L 15650 and T/p 15700-730 (any time close above 16050 bullish while close below 15375/14725/13925-13740/ 13350/13025/12750 bearish for medium term)


SILVER

THIS WAS OUR VIEW IN REPORT Dt.17-2-09 "Xpect price towards 24000-24500 Range with any close above 21750" & SEE PRICE MADE HIGH OF 23681 TILL NOW. (8.5% Rally in just 5-session) Still Xpect price towards 24000-24500 Range as long Support of 22850 & 22750. we book profit on buy abv 23150/23450, for the day buy only abv 23700 S/L 23620 and T/p 23800/towards 24000-24500 in coming days OR buy ard 23070-23080 S/L 23050 and T/p 23200-23300 (any time close below 22525/21500/20925/ 20150/19425/18900/18000/17375/ 16925/16100/15775 bearish rally while close above 23700/25000/26100/27250 bullish for medium term)


CRUDE

Now as long Support of 1905/1880 & 1860 again bounce back expected. for the day buy only abv 1990 S/L 1970 and T/p 2020-30/2055 OR buy ard 1910-12 S/L 1905 and T/p 1935-1960 (now crude need to close above 2075/2205/2335/ 2450/2765 for bullish rally while close below 1860/ 1625 bearish for medium term)


COPPER

THIS WAS OUR VIEW YESTERDAY "as long Resistance of 161.5 & 164 more down side expected" & SEE PRICE TURN FROM HIGH EXACT 162.90 & MADE LOW OF 158.05. Continue to view as long Resistance of 161 & 163 more down side expected. book profit on sell below 160.5, for the day sell only below 158 S/L 159.25 and T/p 156/154-53/151/below down rally OR sell ard 163.5-163.7 S/L 164 and T/p 162-160 (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
9994500540

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MCXARUN
9994500540