Friday, July 24, 2009

safe trade calls!

GOLD

Continue to view as long Support of 14825 & 14750 More bounce back expected. for the day buy only abv 15000 S/L 14970 and T/p 15050/Sustain close above 15000 seen towards 15250-15300 range in coming days OR sell only below 14750 S/L 14780 and T/p 14690/14630-570-500 (any time close above 14975/ 15550/15960/16350 bullish while close below 14375/14100/ 13800 bearish for medium term)


SILVER


Continue to view expect more bounce back as long Support of 22150/22000. book profit on buy above 21500/21660/ 22000/22150/22410, for the day buy only above 22550 & 22600 S/L 22480 and T/p 22750/22875 OR buy ard 2270-75 S/L 22050 and T/p 22160-22270, below 22000 avoid Long strictly (any time close below 21700/21100/ 20250 bearish rally while close above 22575/ 23000/24150/ 24725 bullish for medium term)


CRUDE


THIS WAS OUR VIEW IN REPORT Dt. 17-7-2009 "Sustain above 3075 seen towards 3175-3250 in coming days" & SEE YESTERDAY HIGH=3259 ACHIEVEDDDD ** PRICE TURN EXACT FROM OUR GIVEN SUPPORT=3135 AS YESTERDAY LOW WAS 3138. Continue to view as long Support of 3185 & 3150 expect price towards 3300 in coming days. book profit on buy abv 3190, for the day buy only abv 3260 S/L 3240 and T/p 3290-3300 OR buy ard 3185-90 S/L 3180 and T/p 3215-3230 (now crude need to close above 3260/3560 for bullish rally while close below 3110/ 3040/2945/2815/2650/2565/2400 bearish for medium term)


COPPER


THIS WAS OUR VIEW YESTERDAY "buy ard 264.2-264.5 S/L 264 and T/p 266-267.5" & SEE PRICE TURN FROM LOW=264.4 TO RALLY TOWARDS 269.5.......ACHIEVEDDDD. Continue to view Xpect price towards 271-274 Range as long Support of 264. book profit on buy abv 263/264.5, for the day buy only abv 268.25 S/L 267 and T/p 269.5/abv towards 271-274 Range in coming days OR sell only below 264 S/L 265.5 and T/p 262.5-261/259.5 where support seen (upside strong rally only on close above 269.5 while close below 258/241.75/ 232/214.5 bearish for medium term)



MCXARUN
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