Friday, April 24, 2009

safe trade calls

GOLD

Now Xpect price towards 14675/14875 as long Support of 14350. book profit on buy abv 14480, for the day buy abv 14725 S/L 14700 and T/p 14760-800/ 14875 OR buy ard 14360-365 S/L 14350 and T/p 14410-450-14500 (any time close above 14725/15075/15600/ 16050 bullish while close below 13990-13925 bearish for medium term)


SILVER


Price break our Resistance and rose sharply yesterday. Now Xpect price towards 21325 & 21725 as long Support of 20700 & 20500. for the day buy only abv 21300 S/L 21220 and T/p 21400-21550 OR buy ard 20720-730 S/L 20700 and T/p 20800-900-21000 (any time close below 20500/19750-700 bearish rally while close above 21300/22950/ 23900 bullish for medium term)


CRUDE


Continue to view as long Resistance of 2510 & 2575 down trend seen continue. for the day sell below 2435 S/L 2455 and T/p 2415/2400-2375/sustain close below towards 2300-2250 in coming days OR sell ard 2555-60 S/L 2565 and T/p 2530-2500 (now crude need to close above 2610/2750-2800/2835-2865 for bullish rally while close below 2415/ 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" AND THIS WAS IN 22-4-09 REPORT "Xpect price towards 221-215" IN APRIL CONTRACT ONLY & SEE LOW TILL NOW=217.7 Continue to view Xpect price towards 211-202 as long Resistance of 226.5 & 232. for the day sell below 217 S/L 218.25 and T/p 215/ towards 211 OR sell ard 225.75-226 S/L 226.5 and T/p 223-221 (upside strong rally only on close above 234.5/243/248/ 269.5 while close below 215/199/182 bearish for medium term)



MCXARUN
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