Monday, July 27, 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 14965 and T/p 15050/Sustain close above 15000 seen towards 15250-15300 range in coming days OR sell only below 14770 & more below 14750 S/L 14800 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 22300 & 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 22580/ 23000/24150/ 24725 bullish for medium term)



CRUDE


OUR 1st POSITIONAL VIEW T/P 3250 & 2nd 3300 ALMOST ACHIEVED AS RECENT HIGH=3289, ON BUY GIVEN SINCE BREAK ABOVE 3075 IN REPORT Dt. 17-7-2009. Continue to view as long Support of 3225 Uptrend seen continue. for the day buy only abv 3290 S/L 3270 and T/p 3315-/towards 3360 OR buy ard 3230-32 S/L 3225 and T/p 3260-3280 (now crude need to close above 3290/3560 for bullish rally while close below 3110/3040/2945/2815/ 2650/2565/2400 bearish for medium term)


COPPER


Continue to view Xpect price towards 271-274 Range as long Support of 264. for the day buy only abv 270 S/L 268.8 and T/p 272-274 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
9994500540

long view calls

SPOT GOLD INTERNATIONAL

LIKELY TO TEST $ 1030-35 WITH ANY BREAK & CLOSE ABOVE $ 990 & 1005.... AND CLOSE ABOVE 1030 POTENTIAL TOWARDS $ 1100/1160 IN COMING MONTHS, WHILE CLOSE BELOW $ 905 SEEN TOWARDS 870-865 RANGE AND CLOSE BELOW $864 SEEN TOWARDS $ 835 & 805/780 ATLEAST IN COMING DAYS



SPOT SILVER INTERNATIONAL


LIKELY TO TEST $ 15.40-15.50/$16 WITH ANY BREAK & CLOSE ABOVE $ 14.40 AND CLOSE ABOVE $ 16.25 POTENTIAL TOWARDS $18 IN COMING DAYS... WHILE ONLY CLOSE BELOW $ 12.45/12 & $11.80 SEEN TOWARDS $ 10.65/10.30/10 IN COMING DAYS


CRUDE OIL


LIKELY TO TEST $ 80-82 RANGE WITH ANY BREAK & CLOSE ABOVE $ 73.40....WHILE CLOSE BELOW $ 58.30 SEEN TOWARDS $ 54/48 IN COMING DAYS


ZINC

LIKELY TO TEST 85-87 WITH ANY BREAK & CLOSE ABOVE 82.... WHILE CLOSE BELOW 77/74/71/69 DOWN RALLY AGAIN (JULY)


LEAD

LIKELY TO TEST 92-94 WITH ANY BREAK & CLOSE ABOVE 87.... WHILE CLOSE BELOW 79.5/75 DOWN RALLY AGAIN (JULY)


MCXARUN
9994500540