Wednesday, October 14, 2009

safe trade calls!

GOLD

Continue to view Expect price towards 16050 as long Support 15850/15750 and anytime Close abv 16050 seen towards 16300 atleast/upto 17000 in coming weeks. book profit if buy abv 15950, fresh buy only abv 16050 S/L 16010 and T/p 16150-200 OR buy ard 15760-765 S/L 15750 and T/p 15800-15875 (any time close above 16050/ 16200 bullish while close below 15425/ 15000 bearish for medium term)


SILVER


PRICE TURN EXACT FROM OUR GIVEN SUPPORT LEVEL OF 27100. Continue to view Expect price towards 27950 as long Support of 27100/26825. Any time Sustain close abv 28000 Potential towards 29000-30000 in coming days. for the day buy only abv 27700 S/L 27575 and T/p 27900-28000/ abv Uprally sharp 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


THIS WAS OUR VIEW IN REPORT Dt. expect price towards 3410 atleast/ upto 3450-3485-3530 only with close abv 3360" AND SEE YESTERDAYS HIGH=3448. Continue to view expect price towards 3485-3530 as long Support of 3395-3360. for the day buy only abv 3470 S/L 3455 and T/p 3485-90/towards 3530-40 in coming days OR buy ard 3365-68 S/L 3360 and T/p 3390-3420 (now crude need to close above 3555/3700 for bullish rally while close below 3130/3050 bearish for medium term)



COPPER


Still strong Support seen at 283, fail to break again upside expected. for the day buy only abv 292 S/L 290.5 and T/p 294.5/296/abv Uprally towards 299-305 in coming days OR sell only below 287 S/L 288.5 and T/p 285.5/283.5/below towards 280.5 and anytime Close below 280.5 seen towards 272-267 in coming days (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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