Monday, January 5, 2009

safe trade calls

GOLD

we book profit on sell below 13575, for the day sell only below 13440 S/L 13480 and T/p 13400-350 where good support seen/close below 13350 test 13150-13050 Range in coming days OR buy only abv 13685-700 S/L 13650 and T/p 13770-800/close abv 13800 test 13900 atleast/upto 14000 and if Rally sustain towards 13150 in coming days (any time close above 13800/14400 bullish while close below 13350/12650-600/12330/11950/11525-420 bearish for medium term)


SILVER


PRICE TURN ALMOST FROM OUR SUPPORT=18100 AS DAYS LOW= 18112. Continue to view as long support of 18100 more upside expected. for the day buy only abv 18750 S/L 18660 and T/p 18850/close above 18750 test 19000-19300 Range atleast OR buy ard 18270-280 S/L 18250 and T/p 18350-430 (any time close below 18100/ 17525/16925/16100/15775 bearish rally while close above 18750/19475/20975/ 21725 bullish for medium term)


CRUDE


THIS WAS OUR WORDS "sustain close above 2125 towards 2275-2300 atleast" & SEE HIGH MADE 2259. Continue to view as long support of 2100 & 2020 more upside expected. book profit on buy abv 2125, for the day buy only abv 2260 S/L 2240 and T/p 2300/sustain above towards 2350 OR sell below 2200 S/L 2220 and T/p 2170-50 (now crude need to close above 2260/2400/2560/2860 for bullish rally while close below 2020-1990/1790-1750 bearish for medium term)


COPPER

Continue to view as long support of 151.5 more upside likely. we book profit on buy abv 158, for the day buy only abv 161 S/L 159.7 and T/p 163/164.5 OR buy ard 151.8-152.1 S/L 151.5 and T/p 154.5-156 (upside strong rally only on close above 161/167-171.5/183.5/ 191.5/197.5/ 204.5/219/238/271 while close below 151.5/144/138.5 bearish for medium term)


MCXARUN
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