Monday, August 17, 2009

safe trade calls!

GOLD

Continue to view, Trading Range seen between 14690 & 15025, either side break will resulted in Sharp Rally. book profit on sell below 14900, fresh sell only below 14850 S/L 14885 and T/p 14780/below towards 14700 & close below 14690 down Rally sharp OR buy abv 14980 & more abv 15025 S/L 14930 and T/p 15100/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 14690-14585/14375/14100/ 13800 bearish for medium term)


SILVER


Still bounce back expected as long Support of 23350. for the day sell below 23475 S/L 23580 and T/p 23350/Close below seen towards 22975 atleast in coming days OR buy only abv 23975 S/L 23900 and T/p 24125-24275/abv seen towards 24450-700 atleast in coming days (any time close below 22900/21750/21100/20250 bearish rally while close above 24725 bullish for medium term)


CRUDE


THIS WAS OUR VIEW ON FRIDAY FOR AUG CONTRACT "sell only below 3375 S/L 3395 and T/p 3355-3335-3315/close below seen towards 3275-3215 atleast" & SEE PRICE MADE LOW=3252 AFTER BREAK OUR LEVEL 3375. Continue to view Xpect price towards 3290 atleast/upto 3235-3200 in coming days only with close below 3370. for the day sell below 3370 S/L 3400 and T/p 3340-35/3290 OR sell ard 3442-45 S/L 3450 and T/p 3420-3400-3375 (now crude need to close above 3530-3565/3630 for bullish rally while close below 3370/3170/3015/ 2900 bearish for medium term)



COPPER


Now Xpect price towards 290 atleast/ towards 273 in coming days only with close below 300.50 & as long Resistance of 307. book profit on sell below 305.5, for the day sell only below 300.5 S/L 302 and T/p 298-297/295 OR sell ard 307.5-307.8 S/L 308 and T/p 305.5-303 (upside strong rally only on close above 312 while close below 288.5-285/262/241.75/232/214.5 bearish for medium term)



MCXARUN
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