Friday, March 12, 2010

safe trade calls!

GOLD


Continue to view expect price towards 16150-15950 in coming days as long Resistance at 16650-16775. for the day sell only below 16500 S/L 16540 and T/p 16440-16400/16325-16285/below down Rally OR sell ard 16730-40 S/L 16750 and T/p 16625-16550 (any time close above 17100/17300/17775/18400 bullish while close below 15950/15775/ 15500 bearish for medium term)


SILVER


Continue to view expect price towards 25900-25500-24800 as long Resistance at 26800/26925/27325. for the day sell below 26550 S/L 26625 and T/p 26375-325/26225/26000/25875 OR sell ard 27200-210 S/L 27225 and T/p 26900-26800 (any time close below 25900/ 24775/23825 bearish rally while close above 27600/28850/29925 bullish for medium term)


CRUDE



Trading Range seen between 3665 & 3780, break will decide fresh view. we book profit on buy abv 3725, fresh buy only abv 3765 S/L 3755 and T/p 3780/ Sustain close abv 3780 Potential towards 4000-4050 in coming days OR sell only below 3705 S/L 3720 and T/p 3665-3635-3600-3580-3550/below down Rally (now crude need to close above 3780 for bullish rally while close below 3550/3450/3300 bearish for medium term)



COPPER


Now expect down trend only with close below 335-333. for the day buy only abv 342 S/L 340.7 and T/p 345/347.25/350/ abv towards 355-56 in coming days OR sell only below 336.5 S/L 337.6 and T/p 335/333/Close below 333 seen towards 325-326/ Close below 325 seen towards 312-300 in coming days (upside strong rally only on close above 356 while close below 325/293 bearish for medium term)


MCXARUN
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