Wednesday, July 29, 2009

safe trade calls!

GOLD

Now Expect more down Rally with any fall below 14690 & as long Resistance of 14900-15000. book profit on sell below 14770-14750, for the day sell below 14700 & more below 14690 S/L 14730 and T/p 14630-570-500 OR sell ard 14935-945 S/L 14950 and T/p 14875-14825, only abv 15000 Uptrend now (any time close above 15000/ 15550/15960/16350 bullish while close below 14375/14100/13800 bearish for medium term)


SILVER


Now as long Resistance of 22650/22800 more down rally expected. for the day sell only below 22250 S/L 22330 and T/p 22150/Sustain below 22150 expect price towards 21975-21775 in coming days OR sell ard 22700-720 S/L 22730 and T/p 22550-22425 (any time close below 21700/21100/20250 bearish rally while close above 23000/24150/24725 bullish for medium term)


CRUDE


THIS WAS OUR CALL YESTERDAY "buy ard 3230-32 S/L 3225 and T/p 3260-3280" & SEE PRICE TURN FROM LOW=3228 TOWARDS 3260. Now more Down side expected only below break below 3225. for the day sell only below 3220 S/L 3240 and T/p 3190-3165 OR sell ard 3310-15 S/L 3320 and T/p 3290-3260, abv 3330 avoid short & expect sharp uprally (now crude need to close above 3330/3560 for bullish rally while close below 3110/3040/2945/ 2815/2650/2565/2400 bearish for medium term)


COPPER


PRICE TURN EXACT FROM OUR GIVEN SUPPORT YESTERDAY. Now Expect more correction only with fall below 266.5 & 264. book profit on sell below 269, for the day sell only below 266.5 S/L 268 and T/p 265-264/Sustain below towards 260-258 in coming days OR buy only abv 273 S/L 272 and T/p 276-278 (upside strong rally only on close above 273 while close below 258/241.75/232/214.5 bearish for medium term)



MCXARUN
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