Wednesday, April 22, 2009

safe trade calls

GOLD

Now Xpect Range bound movement between 13990 & 14575, break will decide fresh direction. for the day buy only abv 14425 S/L 14395 and T/p 14485-565/sustain abv towards 14675/ 14875 in coming days OR buy ard 14060-65 S/L 14050 and T/p 14110-150 (any time close above 14565/15075/ 15600/ 16050 bullish while close below 13990-13925 bearish for medium term)


SILVER

PRICE TURN EXACT FROM OUR GIVEN RESISTANCE=20575 AS DAYS HIGH ALSO=20575. Continue to view Xpect price towards 19500-19200 as long Resistance of 20575/20850 & 21100. book profit on sell below 20300, for the day sell below 20100 S/L 20220 and T/p 20000-19900/825/700/below down rally OR sell ard 20570-580 S/L 20600 and T/p 20450-350-250 (any time close below 19750-700 bearish rally while close above 21275/22950/ 23900 bullish for medium term)

CRUDE

THIS WAS OUR VIEW IN REPORT Dt.20-4-2009 "sell below 2580 S/L 2610 and T/p 2565/ 2540/2510/close below seen towards 2375-2350 Range "ACHIEVED SEE YESTERDAY LOW WAS EXACT=2375. Continue to view as long Resistance of 2495 & 2575 down trend seen continue. book profit on sell ard 2650/2580/2460, for the day sell below 2440 S/L 2465 and T/p 2410-2400/2375/2350 OR sell ard 2555-60 S/L 2565 and T/p 2540-2520 (now crude need to close above 2610/ 2750-2800/ 2835-2865 for bullish rally while close below 2465/2355/2300/ 2175/2100 bearish for medium term)


COPPER


THIS WAS OUR WORDS IN REPORT Dt.20-4-2009 "close below 234 Xpect price towards 226-221 in coming days" RANGE ACHIEVED AS YESTERDAY LOW WAS 224.4. Continue to view Xpect price towards 221-215 as long Resistance of 235 & 240. for the day sell below 229.5 S/L 231 and T/p 228-27/225 OR sell ard 234.2-235.5 S/L 235 and T/p 232-230 (upside strong rally only on close above 243/248/269.5 while close below 224/ 215/199/182 bearish for medium term)


MCXARUN
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