Tuesday, May 19, 2009

safe trade calls

GOLD

Now as long Resistance of 14400/14575 & 14725 down trend seen continue. for the day sell below 14175 S/L 14225 and T/p 14100-14000/13925/Sustain close below potential towards 13500-13400 Range in coming days OR sell ard 14445-455 S/L 14460 and T/p 14390-14300 (any time close above 14725/ 14950/ 15075/15600/16050 bullish while close below 14175/13990-13925 bearish for medium term)


SILVER

Now Strong support seen at 21625 close below seen towards 21200/20700 in coming days. for the day sell only below 21625 S/L 21900 and T/p 21400-300/towards 21000 in coming days OR sell ard 22070-80 S/L 22100 and T/p 21950-825 (any time close below 21625/20700/19950 bearish rally while close above 22500/23200/24300 bullish for medium term)


CRUDE

Continue to view, as long Resistance of 2890/2930 & 2960 down trend seen continue towards 2760/2675 & 2625 in coming days. for the day sell below 2840 S/L 2855 and T/p 2815-10/2785/ 2760-50/below down rally OR sell ard 2920-25 S/L 2930 and T/p 2880-2850 (now crude need to close above 2960-3015 for bullish rally while close below 2750/2680/2500 bearish for medium term)


COPPER

THIS WAS OUR VIEW IN REPORT Dt.13-5-09 "below 226 seen towards 222/216 in coming days" & SEE LOW REGISTER TILL NOW=212.65 Continue to view, as long Resistance of 221 & 226 down trend seen continue. for the day sell below 217.5 S/L 219 and T/p 215.5/212.5/Sustain close below 214 test 204-200 Range in coming days OR sell ard 225.4-225.7 S/L 226 and T/p 223-221 (upside strong rally only on close above 226/234.5/245.5 while close below 217/214/199/182 bearish for medium term)


MCXARUN
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