Friday, December 19, 2008

safe trade calls

GOLD

Now as long Resistance of 13250/13375 down trend continue towards 12600-12400 in coming days. for the day sell only below 12825 & 12800 S/L 12865 and T/p 12750/sustain close below 12800 potential towards 12600-12400 in coming days OR sell ard 13135-140 S/L 13150 and T/p 13100-13050 (any time close above 13400/14400 bullish while close below 12600/12330/11950/11525-420 bearish for medium term)


SILVER

THIS WAS OUR VIEW LAST DAY "As long Resist 18300 down trend continue & see turn from High=18250 and make Low=17530 yesterday.Continue to view As long Resistance of 18175-18300 down trend continue. for the day sell only below 17550-500 S/L 17650 and T/p 17400-325/upto 17150 OR sell ard 18010-18030 S/L 18050 and T/p 17950-17800 (any time close below 17350/16850/16100/15775 bearish rally while close above 18300/19475/20975/ 21725 bullish for medium term)


CRUDE

THIS WAS OUR WORDS YESTERDAY "sustain close below 2170 potential to test 2050-1980 range" AND SEE LOW MAKE=2042. Continue to view as long Resistance of 2200 down trend continue. book profit on sell below 2270/ 2175, for the day sell below 2065 S/L 2085 and T/p 2050-40/sustain below towards 1980 atleast in coming days OR sell ard 2162-70 S/L 2170 and T/p 2145/25 (now crude need to close above 2400/2560/2860 for bullish rally whileclose below 2040 bearish for medium term)


COPPER

THIS WAS OUR VIEW YESTERDAY "sustain below 145 towards 140" & SEE LOW MAKE 141.25. Continue to view, as long Resistance of 150 & 155 down trend continue. book profit on sell below 163.5/158.5/155.5/152/148, for the day sell only below 141.25 S/L 142.75 and T/p 140 atleast/towards 135 OR sell ard 146.8-147 S/L 147.5 and T/p 145.5-144 (upside strong rally only on close above 167-171.5/183.5/191.5/ 197.5/204.5/219/238/271 while close below 141 bearish for medium term)


MCXARUN
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