safe trade calls

GOLD

Range bound movement seen between 14525 & 14725/14905, break will decide direction. for the day sell only below 145525 S/L 14590 OR 14650 (Positional) and T/p 14470/Sustain close below towards 14350 & 14150 in coming days OR sell ard 14890-900 S/L 14910 and T/p 14840-800, abv 14910 & 14975 avoid short sell (any time close above 14975/15550/15960/16350 bullish while close below 14470/14100/13800 bearish for medium term)


SILVER

Continue to view as long Resistance of 24100 & 24400 down trend seen continue. for the day sell below 23800 S/L 23875 and T/p 23725-675/Sustain below towards 23425 & 23250-150 and close below 23150 expect towards 22750 & 22400 in coming days OR sell ard 24370-380 S/L 24400 and T/p 24250-24125 (any time close below 23150/22550/21625/20700/19950 bearish rally while close above 24700 bullish for medium term)


CRUDE

WE ANALYSE UPTREND SINCE REPORT Dt.28-5-2009 WHEN PRICE BREAK 2960 & THIS WAS OUR VIEW IN REPORT Dt.27-5-09 "close abv 3015 test 3125-50" AND THIS WAS IN REPORT Dt.8-6-09 "Sustain abv 3320 seen towards 3380-3400" & SEE YESTERDAY HIGH=3468...ACHIEVED. Continue to view as long Support of 3370 & 3315 uptrend seen continue. book profit on buy abv 3280/3320/3405, for the day buy only abv 3470 S/L 3448 and T/p 3500 OR buy ard 3370-75 S/L 3365 and T/p 3395-3410-3435 (now crude need to close above 3470 for bullish rally while close below 3180/ 3070/2850/2750/2680/2500 bearish for medium term)


COPPER


Continue to view Xpect price towards 260 as long Support of 249 & 245. book profit on buy abv 241/248/249.25, for the day buy only abv 257 S/L 256 and T/p 258.5/260 OR buy ard 249.3-249.5 S/L 249 and T/p 251.25-252.50 (upside strong rally only on close above 257 while close below 229.75/221/212.5/ 199/182 bearish for medium term)



MCXARUN
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