Tuesday, October 6, 2009

safe trade calls

GOLD

Continue to view expect price towards 15275-15175/15000 only with close below 15425 & as long Resistance of 15750, for the day sell below 15630 S/L 15665 and T/p 15600-575-525/below towards 15425 OR buy only abv 15775 S/L 15725 and T/p 15860-900/Sustain abv towards 16000 in coming days (any time close above 16010/16200 bullish while close below 15425/ 15000 bearish for medium term)


SILVER


Continue to view expect price towards 25300-24950 as long Resistance of 26575. for the day sell below 26325 S/L 26480 and T/p 26190-26090-25825-25700/below down Rally sharp OR buy only abv 26625 S/L 26500 and T/p 26750-26900/27100/abv Bullish Rally(any time close below 25700/23775/ 22700 bearish rally while close above 28000 bullish for medium term)


CRUDE


Still strong Resistance seen at 3360 fail to break again down side expected. we book profit on sell below 3315, for the day sell only below 3330 S/L 3355 and T/p 3305-3280-3265 OR buy only abv 3360 S/L 3340 and T/p 3390-3410/ Sustain abv towards 3460-3540 in coming days (now crude need to close above 3410/3555/3700 for bullish rally while close below 3130/3050 bearish for medium term)


COPPER


Continue to view expect price towards 278-272 in coming days as long Resistance of 290. book profit on sell below 295.5/283, for the day sell below 285.75 S/L 287 and T/p 283.5/281.75/ 280.75/278 OR sell ard 293-293.1 S/L 293.25 and T/p 291-289.5-288 (upside strong rally only on close above 299/ 306.5/314/319.5 while close below 280.5 bearish for medium term)


MCXARUN
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