Friday, July 4, 2008

safe trade calls

GOLD

as US market remain closed on Independence Day Holiday, so trading range seen between 13000 - 13275. for the day buy only abv 13250 & 13275 S/L 13220 and T/p 13300-330/ sustain abv 13330 towards 13500 in coming days OR sell only below 12950 S/L 12975 and T/p 12895-900/12835/ 12790 where strong support seen again (any time close above 13330/13510 bullish while close below 12750/12150/ 11920/11775/11375/11200 bearish for medium term)

SILVER

book profit on buy abv 24975/25925, trading range seen between 25300 - 26150, for the day buy only abv 26100 & 26150 S/L 26020 and T/p 26300-500/ towards 26800 in coming days OR buy ard 25330-40 S/L 25300 and T/p 25425-25550 (any time close below 24340/ 23525/23075/21825 bearish rally while close above 26150/26900/28000 bullish for medium term)

CRUDE

book profit on buy above 5945/6120/ 6150/6220, for the day buy only abv 6300 S/L 6280 and T/p 6330-50/upto 6380 OR buy ard 6060-62 S/L 6050 and T/p 6150-125/upto 6185, anytime sustain below 5990 sharp correction expected (now crude need to close above 6215 for bullish rally while close below 5990/5635/5440/5215/5100/ 4415/3890 bearish for medium term)


COPPER


PRICE TURN EXACT FROM OUR GIVEN SUPPORT LEVEL. for the day buy ard 368.5-369 S/L 368 and T/p 372-374.5 OR sell ard 384-384.5 S/L 385 and T/p 382-81/379 (upside strong rally only on close above 387.5/398 while close below 361/351.5/339/ 331.5-330.5/326/311 bearish for medium term)


MCXARUN
9994500540

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