Tuesday, July 14, 2009

safe trade calls

GOLD

Continue to view as long Resistance of 14625 & 14675 more down side expected. for the day sell below 14550 S/L 14585 and T/p 14490-14440-410-14375/Sustain close below 14375 seen towards 14225-14150 in coming days OR sell ard 14730-740 S/L 14750 and T/p 14680-14625, above 14750 avoid short sell (any time close above 14825-14975/ 15550/15960/16350 bullish while close below 14375/14100/13800 bearish for medium term)


SILVER


PRICE TURN EXACT FROM OUR GIVEN LEVEL BOTH SIDES AS OUR S1-21100 & DAYS LOW=21103 AND OUR R1-21450 & SEE PRICE TURN FROM DAYS HIGH=21446. for the day buy only above 21500 S/L 21400 and T/p 21600/21800 atleast OR buy ard 21140-150 S/L 21100 and T/p 21260-21350, only below 21100 now down trend again (any time close below 21100/20250 bearish rally while close above 22025/23000/24150/24725 bullish for medium term)


CRUDE


PRICE TURN EXACT FROM OUR GIVEN RESISTANCE=2980 AS DAYS HIGH ALSO 2980. Now Expect bounce back only with close above 2980 towards 3050/3115/3180 in coming days. for the day sell below 2905 S/L 2925 and T/p 2880/2850 towards 2810 OR buy only abv 2980 S/L 2960 and T/p 3010/3050 (now crude need to close above 3165/3510 for bullish rally while close below 2880/2800/2600 bearish for medium term)


COPPER


Continue to view as long Resistance of 243 & 246.5 down trend seen continue. for the day sell below 239 S/L 240.3 and T/p 238-236.5-234.75/232/Close below seen new down rally OR sell ard 246.1-246.3 S/L 246.5 and T/p 244-242. above 246.5 avoid short sell (upside strong rally only on close above 246.5/251.25/ 258.5 while close below 232/ 214.5 bearish for medium term)



MCXARUN
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