Tuesday, December 16, 2008

safe trade calls

GOLD

Continue to view as long Resistance of 13000/13100 & 13175 down trend seen continue. for the day buy only abv 13000 S/L 12965 and T/p 13050-13100 OR sell below 12750 S/L 12810 and T/p 12690-655/12600/below down rally (any time close above 13000/13175-13250/ 13650/14400 bullish while close below 12600/12330/11950/11525-420 bearish for medium term)


SILVER

PRICE TURN FROM OUR GIVEN RESISTANCE=17600 AS DAYS HIGH WAS 17570. Continue to view, as long Resistance of 17600 down trend likely to continue. book profit on buy abv 17450, for the day buy only abv 17525 & more above 17600 S/L 17450 and T/p 17700-750/towards 17950/and sustain abv towards 18100 in coming days OR sell below 17250 S/L 17350 and T/p 17125-17050/below towards 16850 (any time close below 16500/16100/15775 bearish rally while close above 17600/ 18300/19475/20975/21725 bullish for medium term)


CRUDE


PRICE TURN ALMOST FROM OUR GIVEN SUPPORT=2315 AS DAYS LOW WAS 2322. Continue to view as long Resistance of 2480-2560 correction seen continue. for the day sell only below 2315 S/L 2335 and T/p 2270-75/ sustain below towards 2215-20 OR sell ard 2450-60 S/L 2465 and T/p 2420-2400 (now crude need to close above 2560/2860 for bullish rally while close below 2215/2050 bearish for medium term)


COPPER

PRICE TURN EXACT FROM OUR GIVEN SUPPORT=155.75 AS DAYS LOW WAS=155.8 Continue to view, as long Resistance of 164.5 & 167 down trend continue. book profit on sell below 163.5/158.5, for the day sell only below 155.5 S/L 156.75 and T/p 154-152/150 in coming days OR sell ard 160.2-160.5 S/L 161 and T/p 159-157 (upside strong rally only on close above 171.5/183.5/ 191.5/197.5/204.5/219/238/271 while close below 159.5 bearish for medium term)


MCXARUN
9994500540


SHORT TIME CALLS WILL BE SEND TO YOUR MOBILE