Wednesday, September 24, 2008

safe trade calls

GOLD

Broad Range seen between 12350 & 13500 for medium term, either side break will gives rally. for the day sell below 12960 S/L 12990 and T/p 12930/ 12875/towards 12775 in coming days OR sell ard 12215-20 S/L 13225 and T/p 13180/13125 (any time close above 13550/13850 bullish while close below 12300/11675/11125 bearish for medium term)

SILVER

for the day sell only below 20400 S/L 20460 and T/p 20300-200 OR buy on dips ard 20030-40 S/L 20000 and T/p 20125-200/towards 20400, anytime sustain close above 20975 seen new rally towards 22000 in coming days (any time close below 18950/17650bearish rally while close above 20975/ 22150/25250/26350/27475/28000 bullish for medium term)


CRUDE

Crude oil Inventory schedule to release today. PRICE TURN EXACT FROM OUR GIVEN RESISTANCE= 5000 AS DAYS HIGH WAS 4995. book profit on buy ard 4790-95, for the day sell below 4775 & more below 4755 S/L 4800 and T/p 4720-4695 OR sell ard 4950-55 S/L 4960 and T/p 4920/4890(now crude need to close above 5000/ 5305/5460 for bullish rally while close below 4660/4440/4250/3960 bearish for medium term)


COPPER

Continue to view as long Resistance 323.5/327 down trend continue. PRICE TURN EXACT FROM OUR GIVEN RESISTANCE=327 AS DAYS HIGH WAS 326.95. for the day sell below 316.5 S/L 318 and T/p 315.5/313.5/ towards 312/310/below down rally OR sell ard 324.3-324.6 S/L 325 and T/p 323/321 (upside strong rally only on close above 327/339/351.25/360.5/387/ 398 while close below 310/303.5/289/ 265/251.5/235 bearish for medium term)


MCXARUN
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