Wednesday, March 25, 2009

safe trade calls

GOLD

Still Xpect price towards 15650/15950 & 16050 as long Support of 15000 & 14825. for the day buy only abv 15250 S/L 15220 and T/p 15300-350/abv uprally OR sell below 15000 S/L 15045 and T/p 14950-825/below towards 14650 in coming days (any time close above 15660/16050 bullish while close below 14825-14640/13925-13740/13350/ 13025/12750 bearish for medium term)

SILVER

Price Band seen between 22150 & 22950, either side break gives sharp rally. for the day sell only below 22150 S/L 22260 and T/p 22000/21850/21650 OR buy abv 22550 S/L 22470 and T/p 22630-22800/22950 (any time close below 20800-20425/19175/17750/ 16500 bearish rally while close above 22875/ 23900/25000/26100/27250 bullish for medium term)


CRUDE


Crude oil Inventory Schedule to release today. PRICE TURN ALMOST FROM OUR GIVEN LEVELS ON BOTH SIDES AS OUR SUPPORT WAS=2660 AND DAYS LOW=2663. Continue to view Xpect price towards 2850 as long support of 2660 & 2610. we book profit on buy abv 2575-85/2630, for the day buy only abv 2725 S/L 2705 and T/p 2750-60/towards 2800 OR buy ard 2615-20 S/L 2610 and T/p 2640-2660 (now crude need to close above 2725/ 2870 for bullish rally while close below 2425/2280/2200/2075/1990/1625 bearish for medium term)


COPPER

Continue to view as long Support of 199.5 uptrend seen continue. for the day buy only abv 205.5 S/L 204.5 and T/p 207-208.5/Sustain close abv 208.5 potential towards 225-230 Range in coming days OR (Positional Call) sell only below 199.5 S/L 204 and T/p 195-188 in coming days (upside strong rally only on close above 208.5/217.5 while close below 199.5/192.5/182/169.5/160/ 154/140.5 bearish for medium term)


MCXARUN
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