safe trade calls

GOLD


Continue to view as long Resistance of 14625 & 14675 more down side expected. we book profit on sell below 14520/14480, fresh sell below 14430 S/L 14465 and T/p 14410-14375/ Sustain close below 14375 seen towards 14225-14150 in coming days OR sell ard 14660-670 S/L 14675 and T/p 14590-530, above 14675 avoid short sell (any time close above 14825-14975/ 15550/15960/16350 bullish while close below 14375/14100/13800 bearish for medium term)


SILVER

Continue to view as long Resistance of 21800 & 21900 down trend seen continue. for the day sell below 21425 S/L 21480 and T/p 21370-325/Sustain below 21325 seen towards 21100-20900 in coming days OR sell ard 21870-880 S/L 21900 and T/p 21800-21700, abv 21900 avoid short sell (any time close below 21325/20825/20250 bearish rally while close above 22025/23000/24150/ 24725 bullish for medium term)


CRUDE


THIS WAS OUR VIEW IN REPORT Dt. 17-6-2009 "Sustain close below 3375 expect price towards 3240-3150-3060 in coming days" AND THIS WAS IN REPORT Dt. 8-7-2009 "Sustain close below 3050 seen towards 2900" & SEE YESTERDAY LOW=2911 ALMOST ACHIEVEDDD. Continue to view as long Resistance of 2980 & 3010 down trend seen continue. book profit on sell below 2975, for the day sell only below 2925 S/L 2950 and T/p 2900-2875 OR sell ard 3000-3005 S/L 3010 and T/p 2980-2960 (now crude need to close above 3165/3510 for bullish rally while close below 2900/2800/2600 bearish for medium term)



COPPER


Continue to view as long Resistance of 243 down trend seen continue. for the day sell below 239.75 S/L 241 and T/p 238-236.5-234.75/232/Close below seen new down rally OR sell ard 246.1-246.3 S/L 246.5 and T/p 244-242 (upside strong rally only on close above 246.5/ 251.25/258.5 while close below 232/ 214.5 bearish for medium term)



MCXARUN
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