Monday, March 2, 2009

safe trade calls

GOLD

DUE TO FLUCTUATION IN INR=$ GOLD WILL REMAIN MORE VOLATILE. As long Resistance of 15800 & 16000 again correction expected. for the day sell below 15350 S/L 15400 and T/p 15250-200/15100/ below down rally OR sell ard 15985-990 S/L 16000 and T/p 15800-15700. Sustain close above 16000-16050 towards 16500 in coming days (any time close above 15900-16050 bullish while close below 15100/14725/13925-13740/13350/13025/12750 bearish for medium term)


SILVER

Continue to view as long Resist of 22350/22625 & 23050 down trend seen continue and sustain close below 21450 seen towards 20600 in coming days. for the day sell only below 21700 S/L 21800 and T/p 21600-525/21450/below down rally OR sell ard 22320-330 S/L 22350 and T/p 22200-22000 (any time close below 21450/20150/19425/18900/ 18000/17375/16925/16100/15775 bearish rally while close above 23700/ 25000/26100/27250 bullish for medium term)


CRUDE


THIS WAS OUR VIEW IN REPORT Dt. 24-2-09 "as long Support of 1905 Bounce back expected" & SAME DAY PRICE TURN FROM LOW EXACT=1905 AND THIS WAS OUR VIEW YESTERDAY "if Rally sustain expect price towards 2300" & SEE PRICE REGISTER HIGH=2284. Continue to view, as long Support of 2180 & 2125 Uprally likely to continue. for the day buy only abv 2285 S/L 2265 and T/p 2305/2325-35/close abv new uprally towards 2450 in coming days OR buy ard 2185-90 S/L 2180 and T/p 2210-30 (now crude need to close above 2285-2335/2450/ 2765 for bullish rally while close below 2125/1905-1860/1625 bearish for medium term)


COPPER

Continue to view, as long support of 169 & 167 uptrend seen continue. for the day 176.25 S/L 175 and T/p 176.75/179-180/close abv test 189-190 atleast / towards 195 in coming days OR buy ard 169.3-169.5 S/L 169 and T/p 171-172.5 (upside strong rally only on close above 180/200/217.5 while close below 160/ 154/140.5 bearish for medium term)


MCXARUN
9994500450

No comments: