Friday, October 9, 2009

safe trade calls!

GOLD

Continue to view Expect price towards 16000 as long Support 15750/15600. for the day buy only abv 15925 S/L 15875 and T/p 16000 & 16050/ anytime Sustain close abv 16000 & 16050 seen towards 16300 atleast/upto 17000 in coming weeks OR buy ard 15610-620 S/L 15600 and T/p 15680-15750 (any time close above 16010/16200 bullish while close below 15425/15000 bearish for medium term)


SILVER


Continue to view Expect price towards 27900 as long Support of 26825/26475-325. Any time Sustain close abv 28000 Potential towards 29000-30000 in coming days. for the day buy only abv 27350 S/L 27250 and T/p 27450-27550/ Sustain abv towards 27950 in coming days OR buy ard 26870-880 S/L 26850 and T/p 27075/27250 (any time close below 25700/23775/22700 bearish rally while close above 28000 bullish for medium term)


CRUDE


Continue to view as long Resistance of -3355 down trend seen continue. for the day buy only abv 3355 S/L 3330 and T/p 3375-3410/abv Uprally towards 3455-3485 OR sell below 3300 S/L 3315 and T/p 3275-3250-3220/below down Rally sharp (now crude need to close above 3410/3555/3700 for bullish rally while close below 3130/3050 bearish for medium term)


COPPER


PRICE BREAK OUR LEVEL 290 YESTERDAY & SEE TOS SHARPLY. Now expect price towards 298-299-300/ 304-306 as long Support of 288.75/287. book profit on buy abv 290, fresh buy abv 295 S/L 293.75 and T/p 296/abv towards 298-299-300 OR buy ard 289-289.1 S/L 288.75 and T/p 291.5-293 (upside strong rally only on close above 299/306.5/314/319.5 while close below 280.5 bearish for medium term)


MCXARUN
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