Tuesday, January 20, 2009

safe trade calls

GOLD


OUR VIEW "as long Resistance 13180 down trend continue" & SEE PRICE TURN FROM HIGH=13175 & CLOSE LOWER. Continue to view as long Resistance 13180 & 13325 down trend seen continue. for the day sell below 13050 S/L 13085 and T/p 13020/ 12970/upto 12925 OR sell ard 13300-310 S/L 13325 and T/p 13225-150, only close above 13325 uptrend seen again (any time close above 13325/13575/ 13800/14400 bullish while close below 12800-12600/12330/11950/11525-420 bearish for medium term)


SILVER


Continue to view as long Resistance of 18450-18550 down trend seen continue. for the day sell below 18100 S/L 18200 and T/p 18000/17930/towards 17800 OR buy only abv 18450 S/L 18350 and T/p 18550-650/ towards 18850 and close above 18850 test 19500-600 Range atleast in coming days (any time close below 17375/ 16925/16100/15775 bearish rally while close above 18850/ 19475/20975/21725 bullish for medium term)


CRUDE


THIS WAS OUR WORDS "close below 2015 towards 1925-40 Range atleast in coming days" & SEE LOW MAKE=1976. Continue to view as long Resist 2100/2175 & 2255 down trend seen continue. book profit on sell below 2045-2015, for the day sell below 1970 S/L 1985 and T/p 1950/towards 1925 and close below 1925 potential towards 1780 & 1580 in coming days OR sell ard 2070-75 S/L 2080 and T/p 2050-40 (now crude need to close above 2255/ 2650-75/2950 for bullish rally while close below 1925 bearish for medium term)


COPPER


THIS WAS OUR VIEW "as long Resist 169.5 down trend" & SEE TURN FROM HIGH=169.45 AFTER MAKE LOW=164.3. Continue to view, as long Resistance of 169.5 & 171.5 down trend seen continue. for the day sell below 165 S/L 166.5 and T/p 163-161.5/below towards 157.5/155.5 in coming days OR sell ard 170.8-171 S/L 171.5 and T/p 169-167 (upside strong rally only on close above 175/183.5/191.5/197.5/ 204.5/219/238/271 while close below 161.5/155.5/151.5/144/138.5 bearish for medium term)



MCXARUN
9994500540

long view calls

SPOT GOLD INTERNATIONAL
LIKELY TO TEST $ 905/TOWARDS 930 WITH ANY BREAK & CLOSE ABOVE $ 890 .... WHILE CLOSE BELOW $ 800/740/700 & $ 680 TOWARDS $ 600 IN COMING DAYS


SPOT SILVER INTERNATIONAL
LIKELY TO TEST $ 7.90 ATLEAST / TOWARDS $ 7.30 IN COMING DAYS WITH ANY BREAK & CLOSE BELOW $ 10.15 / $ 9.10 & 8.40... WHILE ONLY CLOSE ABOVE $ 11.75 / 12.30 & $ 14 BULLISH RALLY AGAIN FOR MEDIUM 2 LONG TERM


ALUMINUM
LIKELY TO TEST 82 - 87.5 RANGE ATLEAST WITH ANY BREAK & CLOSE ABOVE 79 .... WHILE CLOSE BELOW 69.5/68.5 DOWN TREND AGAIN (JAN)


ZINC
LIKELY TO TEST 68 ATLEAST/TOWARDS 73 WITH ANY BREAK & CLOSE ABOVE 65 & 66 .... WHILE CLOSE BELOW 58.75-58 TEST 57 - 55 RANGE ATLEAST (JAN)


NICKEL
LIKELY TO TEST 710 - 750 RANGE WITH ANY BREAK & CLOSE ABOVE 655 .... WHILE CLOSE BELOW 498 TOWARDS 480-70/450 RANGE (JAN)


COPPER
LIKELY TO TEST 182 - 188 RANGE ATLEAST WITH ANY BREAK & CLOSE ABOVE 175 .... WHILE CLOSE BELOW 155.5/151.5 DOWN TREND AGAIN(FEB)



MCXARUN
9994500540