Friday, January 4, 2008

intraday 04/01/08

GOLD
now as long support 10900-825/10765-700 most likely to test 11200. for the day buy only abv 11025 S/L 11000 and T/p 11050-60/11100 OR buy ard 10835-40 S/L 10825 and T/p 10890-900/10950 (any time close above 11025 bullish while close below 10560/ 10320/10175/10080-25/9950/9750/ 9420/9025 bearish for medium term)

SILVER
now as long support 19950/19700 & 19600 uprally continue. for the day buy only abv 20150 S/L 20060 and T/p 19225-300 upto 19400 days to come (any time close below 19375/19000/ 18625/18250/18100/17750/17050/ 16450 bearish rally while close above 20150/20425/21325/23150 bullish for medium term)

CRUDE
as long support 3870/3835 & 3770 uprally continue. for the day buy only abv 3940 3915 and T/p 3975-4000 OR buy ard 3830-35 S/L 3820 and T/p 3865-80/3900 (now crude need to close above 3935 for bullish while close below 3725/ 3640/3515/3400/3290-60 bearish for medium term)

COPPER
for the day buy only abv 279.5 & more abv 281 S/L 278 and T/p 284-85/288 upto 290 OR buy ard 272.8-273.2 S/L 272 and T/p 275.5-278 (upside strong rally only on close above 281/293/299/314/ 321.5/327/331.5/348 while close below 265/250/235 bearish for medium term)

MCXARUN
9994500540

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