Friday, September 18, 2009

safe trade calls

GOLD

Continue to view Expect price towards 16200 as long Support of 15820/15700. book profit on buy abv 15870/15910, fresh buy only abv 15990 & more abv 16025 S/L 15950 and T/p 16100/ towards 16200 in coming days OR sell only below 15700 S/L 15735 and T/p 15640-600 (any time close above 15960/16200 bullish while close below 15500/15000/14690-14585/14375/ 14100/13800 bearish for medium term)


SILVER


Continue to view expect price towards 30000-31000 in coming weeks as long Support of 27350/27050. for the day buy only abv 27800 S/L 27700 and T/p 27910-28000/abv Uprally OR buy ard 27070-80 S/L 27050 and T/p 27200-27350-27500 (any time close below 26450/25650/23775/22700 bearish rally while close above 28000 bullish for medium term)


CRUDE


Still as long Resistance of 3520-3530 again down side expected. for the day sell below 3450 & more below 3440 S/L 3475 and T/p 3420-3400/3385-3340 OR buy only abv 3520 & more abv 3530 S/L 3500 and T/p 3555-3575/towards 3625 in coming days (now crude need to close above 3530-3580/3650 for bullish rally while close below 3295/3170/3015/ 2900 bearish for medium term)


COPPER


Still good Resistance at 314/316 as long hold again down side expected. we book profit on sell below 309.5, for the day sell below 307 S/L 309 and T/p 305.25/303.75/301.75 OR buy only abv 312.75 S/L 311.75 and T/p 313.75/316/ 318/319.5/abv Uprally (upside strong rally only on close above 319.5 while close below 297.75/287 bearish for medium term)



MCXARUN
9994500540