Tuesday, March 31, 2009

safe trade calls

GOLD

Continue to view as long Support of 14950 & 14800 again bounce back expected. for the day buy only abv 15275 S/L 15240 and T/p 15315-350/ sustain abv towards 15600 in coming days OR sell below 14950 S/L 15015 and T/p 14900/towards 14800. Sustain below 14800 towards 14650 and close below 14650 down rally sharp (any time close above 15600-660/16050 bullish while close below 14950-146450 bearish for medium term)


SILVER

Still as long support of 21825 & 21625 uptrend seen continue. for the day sell only below 21900 S/L 22000 and T/p 21825/21625/close below seen towards 20800-20500 in coming days OR buy only abv 22350 S/L 22270 and T/p 22450/towards 22650 (any time close below 21600/20425 bearish rally while close above 22950/23900 bullish for medium term)

CRUDE

Price break our Support 2570 yesterday and see fall sharply. Now Xpect price towards 2425-2375 with any close below 2480 and as long Resistance of 2600-2650. for the day sell below 2480 S/L 2500 and T/p 2450-2425 OR sell ard 2568-75 S/L 2580 and T/p 2550-2525 (now crude need to close above 2650/2760/2870 for bullish rally while close below 2480/2280-2200/1990 bearish for medium term)


COPPER

Trading Range seen between 200 & 209.5. Xpect price towards 195/185 with any close below 200 and Xpect price towards 215/225-30 Range with any close above 209.50. we book profit on sell below 202, for the day buy only abv 206.5 S/L 205.5 and T/p 208.25/209.5/ abv uprally OR sell below 200 S/L 201.2 and T/p 199/below down rally (upside strong rally only on close above 209.5/ 217.5 while close below 199/182 bearish for medium term)



MCXARUN
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