Tuesday, November 25, 2008

safe trade calls

GOLD

Now as long Resist 13250 downside correction expected towards 12700/ 12450. for the day sell below 12975 S/L 13010 and T/p 12925-850/800 OR sell ard 13238-245 S/L 13260 and T/p 13200 -150 (any time close above 13250/ 13600/14325 bullish while close below 12700/12075/11450/11290-250 bearish for medium term)


SILVER

our S/L was hit on sell but this was our view yesterday "Sustain above 16850 avoid short sell" & see Price make High of 17610. for the day buy only abv 17625 S/L 17500 and T/p 17750/sustain close above 17750 test 18500 atleast in coming days OR buy ard 16840-850 S/L 16800 and T/p 16950/17075 (any time close below 16350/15775 bearish rally while close above 17750/19000/20550/ 21400/22150/25250/26350/27475/ 28000 bullish for medium term)


CRUDE

PRICE TURN EXACT FROM OUR GIVEN DOWN TREND RESISTANCE. Continue to view, as long Resistance 2775, down trend likely to continue. for the day buy only abv 2775 S/L 2735 and T/p 2800/2860, if manage to close abv 2775 avoid short sell OR buy ard 2570-72 S/L 2560 and T/p 2620-2650 (now crude need to close above 2775/2970/ 3040/3200/3525/3790/4170/4380/4980 for bullish rally while close below 2500 bearish for medium term)


COPPER

for the day buy only abv 188.5 S/L 187 and T/p 190/191.5/sustain abv towards 197-198 OR sell below 180 S/L 181.75 and T/p 178-176.5 (upside strong rally only on close above 190/199/215/234.5/ 248/270/305/316/327/339/351.25/ 360.5/387/398 while close below 172.5 bearish for medium term)


MCXARUN
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