Tuesday, March 2, 2010

safe trade calls!

GOLD


Continue to view as long Support at 16625 uptrend seen continue. for the day buy only abv 16850 S/L 16805 and T/p 16900-925/abv Uprally towards 17150-17300 in coming days OR sell only below 16625 S/L 16710 and T/p 16525/16425-400/Sustain below seen towards 16150-16000 in coming days(any time close above 16900/17300/ 17775/18400 bullish while close below 15950/15775/15500 bearish for medium term)


SILVER

Continuen to view as long Support at 25625 & 25350 uptrend seen continue towards 26250-26575-26800. for the day buy only abv 26250 S/L 26160 and T/p 26400-26575/abv towards 26800/abv Uprally OR buy ard 25610-625 S/L 25600 and T/p 25800-25950 (any time close below 24775/23825 bearish rally while close above 26575/27600/28850/ 29925 bullish for medium term)


CRUDE


Still good Support seen at 3600-3585, if hold again bounce back expected. for the day sell only below 3600 & more below 3585 S/L 3630 and T/p 3555-50/ below towards 3460 in coming days OR buy only abv 3670 & more abv 3680 S/L 3660 and T/p 3710-3730/abv towards 3780/abv seen new Uprally (now crude need to close above 3800 for bullish rally while close below 3550/3450/3300 bearish for medium term)


COPPER



Continue to view as long Resistance at 342.5/345 down trend seen continue towards 333/325/below down Rally sharp. for the day buy only abv 341.5 S/L 340.5 and T/p 344-345/Close abv towards 356-357/abv New Uprally OR sell only below 335 S/L 336.3 and T/p 333/330/towards 326 (upside strong rally only on close above 346/356 while close below 325/293 bearish for medium term)


MCXARUN
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