Monday, October 20, 2008

safe trade calls

GOLD

THIS WAS OUR WORDS "sustain below 12590 towards 12440-450" ACHIEVED AS DAYS LOW WAS 12400 Continue to view, as long Resistance of 12850/13225-310 & 13400, down trend likely to continue. for the day sell below 12500 S/L 12540 and T/p 12450-12400/sustain close below test 12050 in coming days OR sell ard 12835-40 S/L 12850 and T/p 12790-750 (any time close above 13600/14325 bullish while close below 12700-625/ 12425/11775/11250 bearish for medium term)


SILVER

For the day sell only below 17100 S/L 17200 and T/p 17030-16970/16850/ sustain close below towards 16000 in coming days OR sell ard 17670-680 S/L 17700 and T/p 17575-500/17400 (any time close below 16850 bearish rally while close above 19000/20550/21400/ 22150/25250/26350/27475/28000 bullish for medium term)


CRUDE

book profit on sell ard 4110/3950/3900/ 3690, for the day sell only below 3490/ 3465 & 3440 S/L 3510 and T/p 3400-3390/3360 OR buy only abv 3710 S/L 3680 and T/p 3750/3800 (now crude need to close above 3705/4120/4400/ 4800/5000/5290 for bullish rally while close below 3440 bearish for medium term)


COPPER

for the day sell below 238 S/L 239.3 and T/p 234.5-232/228/225/sustain close below 225 towards 215-220 Range in coming days OR buy abv 245 S/L 243.5 and T/p 247-49/251.5 (upside strong rally only on close above 270/305/316/ 327/339/351.25/360.5/387/398 while close below 225 bearish for medium term)


MCXARUN
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