Friday, January 9, 2009

safe trade calls

GOLD

PRICE TURN EXACT FROM OUR GIVEN RESIST=13140 AS DAYS HIGH=13550. for the day sell ard 13560 -570 S/L 13575 and T/p 13500-460 OR sell below 13370 S/L 13415 and T/p 13320-13275, only abv 13575 avoid short sell (any time close above 13575/ 13800/14400 bullish while close below 13090/12650-600/12330/11950/11525-420 bearish for medium term)


SILVER

Now as long Support of 18000 more upside expected. for the day buy only abv 18600 S/L 18500 and T/p 18720-850/close abv 18850 test 19300-500 Range atleast in coming days OR sell below 18275 S/L 18350 and T/p 18175-100/18000/below down rally sharp (any time close below 17625-525/16925/ 16100/15775 bearish rally while close above 18850/19475/20975/21725 bullish for medium term)


CRUDE

Price turn exact between our given support level. Continue to view, strong support seen at 1990, as long hold bounce back expected. for the day buy on dips ard 1995-98 S/L 1990 and T/p 2020-30 OR buy abv 2100 S/L 2080 and T/p 2130-50, below 1990 avoid long and close below 1990 seen towards 1875-1825 Range again in coming days (now crude need to close above 2450/2560/ 2860 for bullish rally while close below 1990/1790-1750 bearish for medium term)


COPPER


Still, good support seen at 158.5 & 151.5 from where bounce back expected. for the day sell only below 158.5 S/L 160 and T/p 157/155 OR sell ard 166.8-167 S/L 167.5 and T/p 165-163.5 (upside strong rally only on close above 175/183.5/191.5/197.5/204.5/219/ 238/271 while close below 158.5/151.5/ 144/138.5 bearish for medium term)


MCXARUN
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