Tuesday, October 20, 2009

safe trade calls!

GOLD


Continue to view as long Support of 15775 more bounce back expected towards 16000-16050 and anytime Close abv 16050 seen towards 16300 atleast/upto 17000 in coming weeks. for the day buy only abv 15950 S/L 15900 and T/p 16000-16050/abv Uprally as given above OR sell only below 15775 S/L 15820 and T/p 15730-700/Sustain below down rally towards 15525 in coming days (any time close above 16050/16200 bullish while close below 15425/15000 bearish for medium term)


SILVER


Continue to view as long support 26800-26650 more upside bounce back expected towards 27375-27700-28000 and anytime Sustain close abv 28000 Potential towards 29000-30000 in coming days. for the day buy only abv 27100 S/L 27000 and T/p 27250-27375/ abv towards 27700/27950 in coming days OR sell only below 26800 S/L 26900 and T/p 26650-26350 in coming days (any time close below 25700/ 23775/22700 bearish rally while close above 28000 bullish for medium term)


CRUDE

WE ANALYSE UPTREND SINCE REPORT Dt. 12-10-2009 WHEN PRICE BREAKS 3360 IN OCT CONTRACT WHICH EXPIRED YESTERDAY AT HIGH=3655 (Almost Rs. 300 Rally within 7-Session). Continue to view expect price towards 3720-3735 as long Support of 3630-3585 and anytime Sustain close abv 3735 potential towards 4000 in coming weeks OR buy ard 3590-92 S/L 3585 and T/p 3620-3635 (now crude need to close above 3735 for bullish rally while close below 3485/3375/3180 bearish for medium term)


COPPER


Price break our given 296 level & see rose sharply. Continue to view expect price towards 305-306 atleast as long Support of 294-291. for the day buy only abv 302 S/L 300.5 and T/p 305-306 OR buy ard 294.3-294.5 S/L 294 and T/p 296.5-298.5 (upside strong rally only on close above 306.5/314/319.5 while close below 280.5 bearish for medium term)


MCXARUN
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