Tuesday, September 9, 2008

safe trade calls

GOLD

PRICE TURN EXACT FROM OUR GIVEN LEVEL. Continue to view as long Resistance 11830/11950, down trend continue. for the day sell below 11600 S/L 11630 and T/p 11570-50/ 11520/sustain below 11520 towards 11350-300 in coming days OR buy only abv 11800 & 11830 S/L 11760 and T/p 11900-930/sustain close above 11950 test 12150-200 atleast in coming days (any time close above 11950/12680/ 12950/13550/13850 bullish while close below 11520/11275/11125 bearish for medium term)

SILVER

Continue to view, as long Resistance 19750/20200 & 20850 down trend likely to continue. book profit on sell below 19300, fresh sell below 19050 S/L 19150 and T/p 19000/towards 18700-750 in coming days OR sell ard 19550-560 S/L 19575 and T/p 19450/upto 19300 (any time close below 19000/ 18700/18000 bearish rally while close above 20200/20850/22150/25250/ 26350/27475/28000 bullish for medium term)


CRUDE

PRICE TURN EXACT FROM OUR GIVEN RESISTANCE=4900 AS DAYS HIGH WAS 4895. Continue to view as long Resistance 4900-4930, down trend continue. book profit on sell below 5070/ 4900/4750, for the day sell only below 4690 S/L 4725 and T/p 4660-40/sustain close below 4690 test 4550-4600 atleast in coming days OR sell ard 4840-45 S/L 4850 and T/p 4820-4790 (now crude need to close above 5180/ 5290/5475/5710/6375 for bullish rally while close below 4700 bearish for medium term)


COPPER

PRICE TURN EXACT FROM OUR GIVEN LEVELS BOTH SIDES WE GIVEN SUPPORT 306 AND DAYS LOW=306.1 AND RESISTANCE AT 312 AND DAYS HIGH=311.8. book profit on sell below 325.5/321/319, for the day sell only below 306.5 & 306 S/L 307.7 and T/p 304/303.5/sustain below down rally to break 300 mark OR sell ard 313.8-314 S/L 314.5 and T/p 312/ 310 (upside strong rally only on close above 327/ 339/351.25/360.5/387/398 while close below 303.5/289/265/251.5/ 235 bearish for medium term)


MCXARUN
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