Thursday, October 1, 2009

safe trade calls

GOLD

Continue to view expect price towards 15300-15225/15000 only with close below 15425, for the day sell below 15625 S/L 15655 and T/p 15590-535-460-15400/below down Rally OR sell ard 15865-70 S/L 15875 and T/p 15775-15730, abv 15875 & 15900 avoid short Strictly (any time close above 15960/ 16200 bullish while close below 15425/ 15000/14690-14585/14375/14100/ 13800 bearish for medium term)


SILVER


THIS WAS OUR VIEW YESTERDAY "sell ard 26500-510 S/L 26525 and T/p 26250-26050" AND SEE PRICE TURN FROM HIGH EXACT 26525. Continue to view expect price towards 25300-24950 as long Resistance of 26525/26775. for the day sell below 26350 S/L 26425 and T/p 26250/26125/ 26025/25850/25700/below down Rally OR sell ard 27070-80 S/L 27100 and T/p 26800-26450 (any time close below 25700/23775/22700 bearish rally while close above 28000 bullish for medium term)


CRUDE


Still strong Resistance seen at 3390 & 3425 fail to break again down side expected. for the day sell only below 3305 S/L 3325 and T/p 3285-3260-3220-3180/anytime close below 3180 seen towards 3145/3060 in coming days OR sell ard 3373-3378 S/L 3380 and T/p 3350-3330-3310 (now crude need to close above 3460/3555/3700 for bullish rally while close below 3130/3050 bearish for medium term)


COPPER


PRICE TURN EXACT FROM OUR GIVEN RESISTANCE=299 AS DAYS HIGH WAS 298.7. Continue to view expect price towards 278-272 in coming days as long Resistance of 299. for the day sell below 295.5 S/L 296.75 and T/p 294.5/293.25/290/286.5/below down Rally OR buy only abv 299 S/L 297.5 and T/p 301-304 (upside strong rally only on close above 306.5/314/319.5 while close below 286.5 bearish for medium term)



MCXARUN
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