Wednesday, May 21, 2008

safetrade calls

GOLD

book profit on buy abv 12425/12475, for the day buy only abv 12660 S/L 12638 and T/p 12690-700/12740 upto 12800 OR buy ard 12450-455 S/L 12440 and T/p 12490 upto 12550, as long support 12300 & 12350 uptrend likely to continue (any time close above 12650/ 13100/13425 bullish while close below 12300/11725/11460/11150/11000-10925 bearish for medium term)


SILVER

book profit on buy abv 23725/850, for the day buy abv 24450 & more abv 24500 S/L 24360 and T/p 24600-675/ 24750/close above 24500 test 25000-50 atleast in coming days OR buy ard 23840-50 S/L 23800 and T/p 24000/ 24100 (any time close below 23300/ 22750-300/21575-500/20400/19250/ 18775 bearish rally while close above 24500/26300/27700 bullish for medium term)


CRUDE

EIA Crude oil inventory data schedule to release today. book profit on buy abv 5400, for the day buy only abv 5500 S/L 5475 and T/p 5530-50 OR sell below 5375-5350 S/L 5395 and T/p 5310-5290/ sustain below down rally, anytime close below 5120 bearish test 4930-50 atleast in coming days (now crude need to close above 5500 for bullish rally while close below 5310/5120/5050/4740/4450 bearish for medium term)


COPPER

book profit on buy abv 346.5-347/351, for the day buy only abv 355.5 S/L 354 and T/p 356.5/358/361-361.5/close above test 372-375 atleast in coming days OR sell below 347 S/L 348 and T/p 345.5-343.5 where good support seen again (upside strong rally only on close above 361.5 while close below 340.5/336/330-326.5/310 bearish for medium term)


MCXARUN
9994500540

No comments: