Friday, June 26, 2009

safe trade calls

GOLD

Now Xpect trading Range between 14450 & 14825, break will decide direction. for the day buy abv 14705 S/L 14670 and T/p 14740-780-14825/ Sustain abv towards 14975 in coming days OR sell below 14610 S/L 14645 and T/p 14570-520/14470-410-350/ below 14350 seen towards 14225 & 14150 atleast in coming days (any time close above 14975/15550/15960/16350 bullish while close below 14375/14100/ 13800 bearish for medium term)


SILVER

Continue to view as long Resistance of 22700 & 22900 down trend seen continue. for the day sell below 22500 S/L 22570 and T/p 22425-365-250-22075/Close below seen towards 21650 in coming days OR sell ard 22870-880 S/L 22900 and T/p 22775-22650 (any time close below 22075/21625/20700/ 19950 bearish rally while close above 23350/ 24700 bullish for medium term)


CRUDE

Still as long Resistance of 3475 again down side expected. for the day sell below 3390 S/L 3412 and T/p 3360-45-20/Close below expect towards 3150-3050 in coming week OR sell ard 3465-70 S/L 3475 and T/p 3435-20-3390, abv 3475 & 3510 avoid short sell & uptrend likely (now crude need to close above 3510 for bullish rally while close below 3230/3140/2900/2800/2600 bearish for medium term)


COPPER


PRICE TURN EXACT FROM OUR GIVEN SUPPORT1-240 AS DAYS LOW=240.15 Now expect Uprally to continue only with price break above 249.25. for the day buy only abv 249.25 S/L 247.5 and T/p 252-255-257/Close above 257 seen towards 270 in coming days OR sell only below 245 S/L 246.5 and T/p 243.25-241-240/below down rally (upside strong rally only on close above 257 while close below 229.75/ 221/212.5/199/182 bearish for medium term)


MCXARUN
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