Wednesday, August 12, 2009

safe trade calls!

GOLD

Continue to view, Trading Range seen between 14690 & 15025, either side break will resulted in Sharp Rally. for the day sell below 14725 S/L 14765 and T/p 14690/ below towards 14585 & 14450 in coming days OR buy only abv 14875 S/L 14840 and T/p 14960/15025/ Close abv 15025 seen towards 15300-350 atleast/If Rally sustain also expect towards 15550 in coming days (any time close above 15025/15550/15960/ 16350 bullish while close below 14575/ 14375/14100/13800 bearish for medium term)


SILVER


Continue to view Trading Range seen between 22900 & 23450, break will decide fresh direction. sell below 22925 & more below 22890 S/L 23000 and T/p 22800/below towards 22500 where support seen again OR buy only abv 23450 S/L 23350 and T/p 23550-650/ 23800/Close abv 23800 seen towards 24150 atleast/upto 24400 in coming days (any time close below 22500/ 21750/21100/20250 bearish rally while close above 23800/24150/24725 bullish for medium term)


CRUDE


Now expect price towards 3275-3215 atleast/towards 3150 in coming days only with close below 3315. book profit on sell below 3355, fresh sell below 3315 S/L 3335 and T/p 3275-3215 in coming days OR buy only abv 3420 & 3425 S/L 3400 and T/p 3460-80/abv towards 3550 in coming days (now crude need to close above 3480/3560 for bullish rally while close below 3315/ 3065/2945/2815/2650/2565/2400 bearish for medium term)


COPPER


Now Expect price towards 278/273/265 only with Close below 290 & 285 in coming days. for the day sell only below 290 S/L 292.25 and T/p 287-285/below down Rally OR sell ard 295.5-295.8 S/L 296 and T/p 294-292 (upside strong rally only on close above 300 while close below 285/262/241.75/232/214.5 bearish for medium term)



MCXARUN
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