Wednesday, November 26, 2008

safe trade calls

GOLD

PRICE TURN EXACT FROM OUR GIVEN LEVEL ON BOTH SIDES AS SUPPORT GIVEN=12920 & LOW= 12928 WHILE RESISTANCE GIVEN= 13250 AND TURN FROM HIGH=13234. Continue to view, as long Resist 13250 correction expected towards 12700/ 12450 in coming days. for the day sell only below 12920 S/L 12970 and T/p 12800-725/sustain below down rally sharp OR sell ard 13235-240 S/L 13250 and T/p 13160-13100, sustain abv 13250 avoid short sell (any time close above 13250/13600/14325 bullish while close below 12700/12075/11450/11290-250 bearish for medium term)


SILVER


PRICE TURN ALMOST FROM OUR GIVEN RESISTANCE=17600 AS DAYS HIGH=17585. for the day sell only below 17000 S/L 17080 and T/p 16940-16800/below down rally OR buy only abv 17500 S/L 17425 and T/p 17600/ 17750/sustain close above 17750 test 18500 atleast in coming days (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


Continue to view, as long Resistance 2725/2775, down trend likely to continue. book profit on buy ard 2770-72, for the day sell below 2550 S/L 2570 and T/p 2530-2500/sustain close below test 2375 in coming days OR sell ard 2655-60 S/L 2665 and T/p 2635-20 (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

As long Resistance 189.5-190 down trend likely to continue. for the day sell only below 178.5 S/L 180 and T/p 176/ 173.5-172.5/sustain below test 165 atleast in coming days OR sell ard 186.8-187 S/L 187.5 and T/p 185-183.5 (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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