Friday, March 20, 2009

LONG VIEW CALLS

SPOT GOLD INTERNATIONAL
LIKELY TO TEST $ 970/$ 1000 WITH ANY BREAK & CLOSE ABOVE $ 945.... AND CLOSE ABOVE $ 1005 SEEN TOWARDS 1030 AND CLOSE ABOVE 1030 POTENTIAL TOWARDS $ 1100/1160 IN COMING MONTHS, WHILE CLOSE BELOW $ 890 SEEN TOWARDS $ 845-40 & 805 IN COMING DAYS


SPOT SILVER INTERNATIONAL
LIKELY TO TEST $ 14 & 14.50 WITH ANY BREAK & CLOSE ABOVE $ 13.5 AND CLOSE ABOVE 14.60 TEST $ 15.70 ATLEAST/ TOWARDS 16.20-17.50 IN COMING MONTHS... WHILE ONLY CLOSE BELOW $ 12.40 SEEN TOWARDS 11.55/10.80 IN COMING DAYS


MCXARUN
994500540

safe trade calls

GOLD

DUE TO FLUCTUATION IN INR=$ GOLD LIKELY TO REMAIN VOLATILE. Now Xpect price towards 15650/15950 & 16050 only with close above 15460 and as long Support of 15050/14825. for the day buy only abv 15475 S/L 15435 and T/p 15540-600/ 15650 OR buy ard 15110-120 S/L 15100 and T/p 15180-15250 (any time close above 15660/16050 bullish while close below 14640/13925-13740/13350/ 13025/12750 bearish for medium term)


SILVER


Now Xpect price towards 22850/23800 only with close abv 22450 and as long Support of 21275. for the day buy only abv 22450 S/L 22300 and T/p 22550-600/towards 22800 OR buy ard 21820-830 S/L 21800 and T/p 21950-22100 (any time close below 20800-20425/ 19175/17750/16500 bearish rally while close above 22450-850/23900/25000/ 26100/27250 bullish for medium term)


CRUDE

Continue to view Xpect price towards 2725-2850 as long support of 2515. we book profit on buy abv 2575-85, for the day buy only abv 2630 S/L 2610 and T/p 2650-60/2700 OR buy ard 2520-25 S/L 2515 and T/p 2550-70 (now crude need to close above 2660/2870 for bullish rally while close below 2425/2280/ 2200/2075/1990/1625 bearish for medium term)


COPPER

Continue to view as long Support of 195.5 & 192 uptrend seen continue. we book profit on buy abv 198.75, for the day buy only abv 201.75 S/L 200.5 and T/p 203-205/207 in coming days OR buy ard 195.3-195.5 S/L 195 and T/p 197-198 (upside strong rally only on close above 202/217.5 while close below 189/182/169.5/160/154/140.5 bearish for medium term)


MCXARUN
9994500540