GOLD
Continue to view, as long Resistance 11825 & 11900, down trend likely to continue. for the day sell below 11525 S/L 11555 and T/p 11485-450/sustain below towards 11300 and close below 11260 test 10750 atleast in coming days OR sell ard 11810-820 S/L 11825 and T/p 11750-710 (any time close above 11900/12375/12850/13600/14325 bullish while close below 11450/11290-250 bearish for medium term)
SILVER
Continue to view as long Resist of 17300/17550 & 17750 down trend likely to continue. for the day sell below 16850 & more below 16800 S/L 16950 and T/p 16730/16575-600/sustain below towards 16300 & 16100 and close below 16100 test 15400 atleast in coming days OR sell ard 17265-280 S/L 17300 and T/p 17200-140 upto 17050 (any time close below 16100-15975 bearish rally while close above 17750/ 19000/20550/21400/22150/25250/ 26350/27475/28000 bullish for medium term)
CRUDE
PRICE TURN EXACT FROM BOTH SIDES AS OUR SUPPORT=2850 & TURN FROM LOW OF 2581 WHILE RESISTANCE WAS 3150 & TURN FROM HIGH=3145. Continue to view, as long Resistance 3150, down trend likely to continue. book profit on sell below 2940, for the day sell only below 2850 S/L 2875 and T/p 2800 OR sell ard 3020-25 S/L 3030 and T/p 2980-65/2940 (now crude need to close above 3150/ 3450/3765/4120/4400/4800/5000/5290 for bullish rally while close below 2850 bearish for medium term)
COPPER
Continue to view, as long Resistance of 199 & 215, down trend likely to continue. for the day sell below 187 S/L 188.50 and T/p towards 184.50/sustain close below towards 165-170 in coming days OR sell ard 196.25-196.50 S/L 197 and T/p 194.50/192.50 (upside strong rally only on close above 215/234.5/ 248/270/305/316/327/339/351.25/ 360.5/387/398 while close below 184.5 bearish for medium term)
MCXARUN
9994500540
Tuesday, November 11, 2008
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