Tuesday, November 10, 2009

safe trade calls!

GOLD

Continue to view expect price towards 17000 in coming days as long support of 16525/16300. for the day buy only abv 16675 S/L 16650 and T/p 16705/ 16750/abv Uprally OR buy ard 16310-315 S/L 16300 and T/p 16375-16475 (any time close above 16700 bullish while close below 15975/15425/15000 bearish for medium term)


SILVER


Continue to view expect price towards 27675/27950 as long support at 26950/ 26675/26550 and anytime Sustain close abv 28000 Potential towards 30000-31000 in coming days. for the day buy only abv 27350 S/L 27280 and T/p 17450-500/27700/27950 (any time close below 25950-25700/23775/22700 bearish rally while close above 28000 bullish for medium term)


CRUDE


THIS WAS OUR VIEW YESTERDAY "sell ard 3720-25 S/L 3730 and T/p 3695-3660" AND SEE PRICE TURN FROM DAYS HIGH=3725. Still as long Resistance at 3725-3760 again down side expected. and expect price towards 3530-3500 only with close below 3600. for the day sell below 3665 S/L 3685 and T/p 3650-3625/3600/below down Rally OR sell ard 3752-56 S/L 3760 and T/p 3725-3695-3660 (now crude need to close above 3805 for bullish rally while close below 3600/ 3485/3375/3180 bearish for medium term)



COPPER


Continue to view as long Resistance at 308/310 more down side expected and anytinme Sustain close below 303 seen towards 300.50 atleast/upto 297-292 in coming days. book profit on sell below 308.5/308/306, fresh sell below 303.5 & more below 303 S/L 306.75 and T/p 301-300down Rally OR sell ard 309.7-309.8 S/L 310 and T/p 308-305.5 (upside strong rally only on close above 316/319.5 while close below 303/291/ 280.5 bearish for medium term)



MCXARUN
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