Thursday, February 4, 2010

safe trade calls!

GOLD

Continue to view expect price towards 16975/17150/17275 as long Support at 16550. for the day buy only abv 16730 S/L 16700 and T/p 16775-16825/abv Uprally OR sell only below 16550 S/L 16590 and T/p 16490-16400/16300-16225/below down Rally (any time close above 16825/17300/17775/ 18400 bullish while close below 16225/15775/ 15500 bearish for medium term)


SILVER



THIS WAS OUR VIEW YESTERDAY "expect price towards 25000/24150 as long Resistance at 26300/26375" AND SEE YESTERDAY PRICE FAIL TO BREAK OUR GIVEN RESISTANCE & TURN FROM HIGH=26340 AND FALL SHARPLY TOWATRDS 25460 Continue to view expect price towards 25000/24150 as long Resistance at 25950/26300. book profit on sell below 25950, fresh sell below 25450 S/L 25525 and T/p 25390-25300/below down Rally OR sell ard 25960-980 S/L 26000 and T/p 25800-25625 (any time close below 25300/ 23950/22850 bearish rally while close above 26375/26950/28700/ 29800 bullish for medium term)



CRUDE


THIS WAS OUR VIEW IN YESTERDAY REPORT WHEN PRICE BREAKS 3470 "expect price towards 3490-3500 atleast as long Support at 3395-3370 and close abv 3500 seen towards 3580-3625 in coming days" AND SEE YESTERDAYS HIGH=3592 Continue to view expect price towards 3625-30 as long Support at 3535-. for the day buy only abv 3580 S/L 3560 and T/p 3600/ 3625-30/abv Uprally expected OR sell only below 3535 S/L 3550 and T/p 3505-3500/below towards 3480-3465 in coming days (now crude need to close above 3630/3715/3910/4000 for bullish rally while close below 3360 bearish for medium term)



COPPER



THIS WAS OUR VIEW SINCE LAST 2-DAYS (ALSO IN YESTERDAY REPORT) "as long Resistance at 319/ 320.5/322 down trend seen continue towards 308/304 and Close below 304 seen new down Rally towards 294-287 in coming days" AND SEE PRICE FAIL TO BREAK OUR RESISTANCE & TURN FROM DAYS HIGH=319.5 AND FALL SHARPLY TOWARDS 301.25 Continue to view as long Resistance at 308/ 312.5/316 down trend seen continue towards 294-287 in coming days. book profit on sell below 316, fresh sell below 303 S/L 304.3 and T/p 301.5-301/298.5/ below down Rally OR sell ard 311.9-312.25 S/L 312.5 and T/p 309/306.75 (upside strong rally only on close above 319.5/346.5/354.5/388/ 400 while close below 301 bearish for medium term)


MCXARUN
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