Wednesday, March 4, 2009

safe trade calls

GOLD

THIS WAS OUR VIEW IN REPORT Dt. 2-3-09 "As long Resistance of 15800 & 16000 again correction expected" & SEE PRICE TURN FROM HIGH= 15968 SAME DAY TO MAKE LOW= 15130 YESTERDAY. Continue to view as long Resistance of 15500 & 15775 correction likely to continue. for the day sell only below 15125 S/L 15175 and T/p 15090/close below test 14650 atleast/towards 14400 in coming days OR sell ard 15485-495 S/L 15500 and T/p 15425-350, only abv 15775 now upside again (any time close above 15975-16050 bullish while close below 15100/14725/13925-13740/13350/ 13025/12750 bearish for medium term)


SILVER

Continue to view as long Resist of 22525 & 22850 down trend seen continue and sustain close below 21575 seen towards 21250 atleast/towards 20850 in coming days. book profit on sell below 22050, for the day sell below 21750 S/L 21850 and T/p 21650-575/ below down rally OR sell ard 22500-530 S/L 22550 and T/p 22400-250 (any time close below 21575/ 19175/17750/16500 bearish rally while close above 22850/ 23900/25000/26100/27250 bullish for medium term)


CRUDE

PRICE TURN EXACT FROM OUR GIVEN SUPPORT=2070 AS DAYS LOW=2071. Still as long support of 2170 & 2010 again bounce back expected. for the day buy only abv 2185 S/L 2160 and T/p 2195-2225/towards 2260 OR buy ard 2040-42 S/L 2035 and T/p 2060-2080 (now crude need to close above 2285-2335/2450/2765 for bullish rally while close below 2010/1930/1860/ 1625 bearish for medium term)


COPPER

Xpect price towards 189-190 atleast/195 as long support of 175.75. Continue to view, as long support of 179.5 & 175.50 uptrend seen continue. book profit on buy abv 178, for the day buy only abv 185.50 S/L 184.50 and T/p 187/189-90 OR buy ard 179.3-179.50 S/L 179 and T/p 181.5-183 (upside strong rally only on close above 185/200/217.5 while close below 175.50/160/154/140.5 bearish for medium term)


MCXARUN
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