Tuesday, August 18, 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 below 14810 & more below 14775 S/L 14850 and T/p 14700-14690/close below 14690 down Rally sharp OR buy only 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



THIS WAS OUR VIEW YESTERDAY "sell below 23475 S/L 23580 and T/p 23350/Close below seen towards 22975 atleast" & SEE PRICE FALL SHARPLY AFTER BREAK OUR LEVEL & MADE LOW=22820... ACHIEVEDD. Continue to view Xpect price towards 22500 atleast/upto 21900 only with close below 22800 & as long Resistance of 23350 & 23700. book profit on sell below 23475, fresh sell below 23800 S/L 23925 and T/p 23650/ 23500 OR sell ard 23400-415 S/L 23430 and T/p 23330-23150 (any time close below 22900/21750/21100/20250 bearish rally while close above 24725 bullish for medium term)



CRUDE



Continue to view Xpect price towards 3235-3200 in coming days only with close below 3310 & as long Resistance of 3410/3510. for the day sell below 3325 S/L 3345 and T/p 3290/below towards 3235-3200 in coming days OR sell ard 3408-10 S/L 3415 and T/p 3375-3360 (now crude need to close above 3530-3565/3630 for bullish rally while close below 3310/3170/3015/2900 bearish for medium term)



COPPER


Continue to view Xpect price towards 290 atleast/towards 273 in coming days as long Resistance of 304.5 & 307. book profit on sell below 305.5/ 300.5, for the day sell below 297.5 S/L 299.5 and T/p 295-293/290 OR sell ard 304-304.3 S/L 304.5 and T/p 301.5-300 (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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