Tuesday, October 27, 2009

safe trade calls!

GOLD

PRICE TURN EXACT FROM OUR GIVEN SUPPORT 15850 AS YESTERDAYS LOW WAS 15860. Now expect price towards 15725 atleast/upto 15525 only with close below 15850 & as long Resistance of 16025. for the day sell only below 15850 S/L 15880 and T/p 15775/15725-700/below down rally OR buy only abv 16025 S/L 15960 and T/p 16075/Close abv towards 16300 atleast upto 17000 in coming days (any time close above 16075/16200 bullish while close below 15425/15000 bearish for medium term)


SILVER

Now expect price towards 26650 atleast/upto 25900 only with close below 26725 & as long Resistance of 27500. book profit on sell below 27000, for the day sell only below 26725 S/L 26810 and T/p 26650/below down Rally sharp OR buy only abv 27500 S/L 27390 and T/p 27610-27700/28000/ Close abv towards 29000-30000 in coming days (any time close below 25700/23775/22700 bearish rally while close above 28000 bullish for medium term)


CRUDE

THIS WAS OUR VIEW YESTERDAY "buy ard 3655-60 S/L 3650 and T/p 3685-3720" AND SEE PRICE TURN YESTERDAY FROM LOW 3657 & RALLY TOWARDS 3715. Now expect price towards 3615 atleast/upto 3490-3440 only with close below 3655 & as long Resistance of 3775-3800. for the day sell only below 3655 S/L 3685 and T/p 3615/below down Rally sharp OR sell ard 3768-70 S/L 3775 and T/p 3740-3715, abv 3800 avoid short Strictly (now crude need to close above 3800 for bullish rally while close below 3610/ 3485/3375/3180 bearish for medium term)


COPPER


Continue to view more upside expected as long Support of 307. book profit on buy abv 313.5, for the day buy only abv 312 S/L 311 and T/p 314-316/abv towards 319-320/anytime Sustain close abv 320 Potential towards 335-340 in coming days OR sell only below 307 S/L 309 and T/p 305-303-301 (upside strong rally only on close above 316/ 319.5 while close below 297/280.5 bearish for medium term)


MCXARUN
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