Wednesday, September 10, 2008

safe trade calls

GOLD

Continue to view as long Resistance 11700/11830/11950, down trend continue. for the day sell below 11460 S/L 11490 and T/p 11400/towards 11350-300 in coming days OR sell ard 11785-795 S/L 11800 and T/p 11750-715/11675, only sustain abv 11800-11830 trigger buy again (any time close above 11950/12680/12950/13550/13850 bullish while close below 11450/11275/ 11125 bearish for medium term)


SILVER

THIS WAS OUR WORDS "sustain close below 19300 test 18700-750 atleast" ACHIEVED EXACTLY AS YESTERDAY LOW WAS 18750. Continue to view, as long Resistance 19750/20200 & 20850 down trend likely to continue. book profit on sell below 19300/19050, fresh sell only below 18750 & 18700 S/L 18875 and T/p 18600/500/sustain close below 18700 seen new down rally towards 18000 OR sell ard 19260-275 S/L 19300 and T/p 19175/19050 (any time close below 18700/17900 bearish rally while close above 19750/20200/20850/22150/25250/ 26350/27475/28000 bullish for medium term)


CRUDE

Crude oil Inventory Schedule to release today. Continue to view as long Resistance 4900-4930, down trend continue. book profit on sell below 5070/ 4900/4750, for the day sell below 4670 S/L 4695 and T/p 4640-25/sustain close below 4670 test 4550-4600 atleast in coming days OR sell ard 4830-35 S/L 4840 and T/p 4800-4785 (now crude need to close above 4930/5180/5290/ 5475/5710/6375 for bullish rally while close below 4700 bearish for medium term)


COPPER

book profit on sell below 325.5/321/319/ 306.5, for the day sell only below 305 S/L 306.5 and T/p 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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