Wednesday, May 7, 2008

safe trade calls

GOLD


PRICE TURN EXACT FROM OUR GIVEN RESISTANCE. book profit on buy abv 11375/11525, for the day buy only abv 11650 S/L 11625 and T/p 11685-700/upto 11750-75 OR sell below 11500 S/L 11525 and T/p 11460/425/ 375/11330-295/down rally (any time close above 11650/12000/12300-400/ 13100/13425 bullish while close below 11000-10925 bearish for medium term)

SILVER


PRICE TURN EXACT FROM OUR GIVEN RESISTANCE. book profit on buy abv 22200/22550, for the day buy only abv 22825 S/L 22750 and T/p 22900-23000 upto 12100 OR sell below 22375 S/L 22450 and T/p 22275-240/ 22150/22050/ sustain below test 21950/ 21800/21725-650/21575/down rally (any time close below 21575-500/20400/ 19250/18775 bearish rally while close above 22825/23600/24500/26300/27700 bullish for medium term)

CRUDE


EIA Crude oil inventory data schedule to release today. book profit on buy abv 4875, for the day buy only abv 5000 S/L 4980 and T/p 5025-50 upto 5080 OR buy ard 4870-75 S/L 4865 and T/p 4910-4935, now ard 4775 seen strong support again (now crude need to close above 5000 for bullish rally while close below 4695/4475/4365/4260/4080/3960-3905 bearish for medium term)

COPPER


book profit on buy abv 343.5-344, for the day sell only below 343-342.5 S/L 344.25 and T/p 341-40/sustain below test 335-332 atleast OR buy only abv 350 S/L 348.75 and T/p 352-353.5/356-358.5/361.5/uprally (upside strong rally only on close above 361.5 while close below 340/330-326.5/310 bearish for medium term)


MCXARUN
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