Thursday, July 17, 2008

safe trade calls

GOLD

book profit on sell below 13475, for the day sell only below 13325 S/L 13350 and T/p 13250 where good support seen/sustain below towards 13050 in coming days OR buy only abv 13585 S/L 13560 and T/p 13640-660/towards 13740. only close above 13765 seen new rally towards 14200-300 in coming days (any time close above 13670 bullish while close below 13240/12750/ 12150/11920/11775/11375/11200 bearish for medium term)


SILVER

for the day sell only below 26100 S/L 26200 and T/p 26000/25900/sustain below towards 25700-600 in coming days OR buy only abv 26700 S/L 26620 and T/p 26760-830/26920/towards 27125 where good resistance seen again (any time close below 24725/ 23525/23075/21825 bearish rally while close above 27250/28000 bullish for medium term)


CRUDE

for the day sell below 5750 & 5725 S/L 5780 and T/p 5680-50/close below seen new down rally OR sell ard 5960-70 S/L 5975 and T/p 5925-5890 upto 5850 (now crude need to close above 6360 for bullish rally while close below 5640/ 5155-5060 bearish for medium term)


COPPER

we book profit on sell below 352/350, for the day sell below 345 S/L 346.5 and T/p 341-40 OR sell ard 353-353.5 S/L 354 and T/p 351.5 upto 348 (upside strong rally only on close above 360.5/ 371/387.5/398 while close below 345.5/ 331.5-330.5/ 326/311 bearish for medium term)


MCXARUN
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