Friday, August 8, 2008

safe trade calls

GOLD

for the day sell only below 12000 S/L 12030 and T/p 11970/sustain below 11970 towards 11900/11840 OR sell ard 12240-45 S/L 12250 and T/p 12215 upto 12160 (any time close above 12680/ 12950/13550/ 13850 bullish while close below 11970/11275 bearish for medium term)

SILVER

THIS WAS OUR WORDS YESTERDAY "sustain below 22970 towards 22700" ACHIEVED EXACT AS DAYS LOW WAS 22700. book profit on sell below 23075, for the day sell only below 22700 S/L 22780 and T/p 22625/22525 upto 22400 OR sell ard 23290-300 S/L 23325 and T/p 23200-23100 (any time close below 22700/21825 bearish rally while close above 25000/26100/27250/28000 bullish for medium term)


CRUDE

for the day sell below 4960 S/L 4985 and T/p 4920-25/sustain close below towards 4850-4750 in coming days OR buy abv 5130 S/L 5110 and T/p 5165/ 200/upto 5240 (now crude need to close above 5450/5680/6040/6360 for bullish rally while close below 4925 bearish for medium term)

COPPER

book profit on sell below 334/322, for the day sell only below 317.5 S/L 319 and T/p 315/towards 312 OR buy abv 324.5 S/L 323 and T/p 325.5/327.5 Max upto 332 where good resistance seen again (upside strong rally only on close above 336.5/351/360.5/371/387.5/398 while close below 317.5/311 bearish for medium term)


MCXARUN
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