Tuesday, January 19, 2010

safe trade calls!

GOLD

Continue to view expect price towards 17175-17400-17600 as long Support at 16800/16700. for the day buy only abv 16950 S/L 16910 and T/p 17000-17025/ 17100/ abv Uprally OR sell only below 16680 & more below 16650 S/L 16740 and T/p 16575/16500/16450/ below new down Rally (any time close above 17650/18375 bullish while close below 16450/15450 bearish for medium term)


SILVER



Continue to view as long Support at 28150/27850 uptrend seen continue towards 28700-750/29200 in coming days. for the day buy only abv 28600 S/L 28500 and T/p 28700/Sustain ab 28600 seen towards 28950-29200 in coming days OR sell only below 27900 & more below 27850 S/L 28050 and T/p 27600/Close below again towards 26900-26750 in coming days (any time close below 26600/25925 bearish rally while close above 28725/29800 bullish for medium term)


CRUDE



THIS WAS OUR VIEW IN REPORT Dt. 12-1-2010 "anytime Sustain close below 3735 & 3700 seen towards 3635-3580 in coming days" AND SEE YESTERDAYS LOW=3542 (Almost Rs.193 Rally within 7-Session). Continue to view expect price towards 3540-3490 as long Resistance at 3600/ 3630. for the day sell below 3550 S/L 3560 and T/p 3535-3500-3485 OR buy only abv 3630 S/L 3615 and T/p 3665-3685 (now crude need to close above 3850/3900 for bullish rally while close below 3425/3345/3280 bearish for medium term)


COPPER



Continue to view expect price towards 334-330-325 as long Resistance at 346.5. for the day sell below 343.25 S/L 344.5 and T/p 341/339/337.75/335.75/ 334/below down Rally OR buy only abv 347.5 S/L 346.25 and T/p 350/abv towards 354-355/close abv Uprally (upside strong rally only on close above 361/388/400 while close below 334/318/ 304 bearish for medium term)


MCXARUN
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