Tuesday, July 21, 2009

safe trade calls

GOLD

Continue to view as long Support of 14770-14690 Uptrend seen continue. book profit on buy abv 14825, for the day buy only above 14925 S/L 14890 and T/p 14975/close above 14975 seen towards 15250-15300 range in coming days OR sell only below 14690 S/L 14730 and T/p 14630-570-500 (any time close above 14975/15550/15960/16350 bullish while close below 14375/14100/ 13800 bearish for medium term)



SILVER


Continue to view expect more bounce back as long Support of 22050/21900 & 21700. book profit on buy above 21500/ 21660/22000/22150, for the day buy only above 22400 S/L 22320 and T/p 22550/22700 in coming days OR buy ard 22020-30 S/L 22000 and T/p 22125-22225 (any time close below 21725/ 21100/20250 bearish rally while close above 22400/23000/24150/24725 bullish for medium term)



CRUDE


THIS WAS OUR VIEW IN REPORT Dt. 17-7-2009 "Sustain above 3075 seen towards 3175-3250 in coming days" & SEE YESTERDAY HIGH=3192 ACHIEVEDDDD. Continue to view Xpect price towards 3250 as long Support of 3120/3070 & 3040. for the day buy abv 3170 S/L 3150 and T/p 3195-3230-3250 OR buy ard 3084-88 S/L 3080 and T/p 3115-3140 (now crude need to close above 3230/3560 for bullish rally while close below 3040/2945/2815/2650/ 2565/2400 bearish for medium term)



COPPER


Continue to view Xpect price towards 271-274 Range as long Support of 257-253. for the day buy abv 262.5 S/L 261.25 and T/p 263.75-265 OR buy ard 254.2-254.5 S/L 254 and T/p 256-258 (upside strong rally only on close above 265 while close below 241.75/232/214.5 bearish for medium term)



MCXARUN
9994500540

No comments: