Tuesday, November 17, 2009

safe trade calls!

GOLD

THIS WAS OUR VIEW IN REPORT Dt. 2-11-2009 "buy only abv 16025 S/L 15960 and T/p 16075/Close abv towards 16300 atleast upto 17000 in coming days" AND SEE YESTERDAYS HIGH=16944 ALMOST ACHIEVED. Continue to view expect price towards 17000 in coming days as long support of 16750 and Sustain abv 17000 seen towards 17300 in coming days. we book profit on buy abv 16760/ 16810, fresh buy abv 16950 S/L 16900 and T/p 17000-17050/abv Uprally OR buy ard 16760-65 S/L 16750 and T/p 16850-16950 (any time close above 16950 bullish while close below 16525/ 15975/15425/15000 bearish for medium term)



SILVER


THIS WAS OUR VIEW ON FRIDAY "expect price towards 27675/ 27950 as long support at 26750/ 26550" AND SEE ON FRIDAY PRICE TURN EXACT FROM OUR SUPPORT LEVEL AS LOW WAS=26561 AND SEE NOW TARGET ACHIEVED AS YESTERDAYS HIGH WAS 27986. Continue to view expect price towards 30000/31000 only with Sustain close abv 28000 and as long support at 27400/27150. we book profit on buy abv 27075, fresh buy only abv 28000 S/L 27860 and T/p 28200-300/Uprally OR buy ard 27425-30 S/L 27400 and T/p 27600-27750 (any time close below 26550/25700/23775/22700 bearish rally while close above 28000 bullish for medium term)



CRUDE


Still as long Resistance at 3650-3670 & 3700 down trend seen continue towards 3530-3490 in coming days. for the day sell only below 3600 S/L 3620 and T/p 3580-3545/below down Rally OR sell ard 3694-97 S/L 3700 and T/p 3650-3620, abv 3700 avoid short sell Strictly (now crude need to close above 3760/ 3805 for bullish rally while close below 3515/3485/3375/3180 bearish for medium term)



COPPER


Now As long Support at 309/304.5 more upside expected and expect price towards 319-320 only with any close abv 315.5 and anytime Sustain close abv 320 Potential towards 338-340 in coming days. for the day buy abv 315 & more abv 315.5 S/L 313.5 and T/p 318-319-320/abv Uprally OR buy ard 307.7-308 S/L 307.5 and T/p 310-312.5 (upside strong rally only on close above 316/319.5 while close below 300.5/291/ 280.5 bearish for medium term)


MCXARUN
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