safe trade calls

GOLD

Continue to view as long Support of 15350/15050 & 14725 Xpect price towards 15700 atleast/16000 in coming days. for the day buy only abv 15625 S/L 15570 and T/p 15660-700/sustain abv towards 16000 OR buy ard 15260-270 S/L 15250 and T/p 15330-400 (any time close above 15625 bullish while close below 14725/13925-13740/13350/ 13025/12750 bearish for medium term)


SILVER

THIS WAS OUR WORDS IN REPORT Dt.17-2-09 "Xpect price towards 24000-24500 Range with any close above 21750" & SEE PRICE MAKE HIGH=23392 TILL NOW (Rs.1650 Rally within 2-days). Continue to view Xpect price towards 24000-24500 Range as long Support of 22700. book profit on buy ard 20930-940/21450/ 21750/23000, for the day buy only abv 23400-450 S/L 23320 and T/p 23550-600/700 OR buy ard 22830-840 S/L 22800 and T/p 22900-23000 (any time close below 21500/20925/20150/19425/18900/ 18000/17375/16925/16100/15775 bearish rally while close above 23400/ 25000/26100/27250 bullish for medium term)


CRUDE

Crude oil Inventory Schedule to release today. THIS WAS OUR WORDS IN REPORT Dt.16-2-2009 "sustain close below 2030 potential towards 1900-1800-1700 in coming weeks" & SEE PRICE REGISTER LOW=1875 TILL NOW (within 3-days price fall by Rs.155) Continue to view as long Resistance of 1960 & 2060 down trend seen continue towards 1800-1700 in coming weeks. book profit on sell below 1940, for the day sell only below 1865 S/L 1880 and T/p 1850-1830 OR sell ard 1950-55 S/L 1960 and T/p 1925-1910 (now crude need to close above 2205/ 2335/2450/2765 for bullish rally while close below 1875/1625 bearish for medium term)


COPPER

Continue to view as long Resistance of 164 & 165.5 more down side expected. for the day sell only below 156.5 S/L 157.80 and T/p 155.50/153/151/below down rally OR sell ard 163.4-163.6 S/L 164 and T/p 162-160.5 (upside strong rally only on close above 170/177.5/196/ 204.5/219/238/271 while close below 150.5/144/138.5 bearish for medium term)


MCXARUN
9994500540

safe trade calls

GOLD

THIS WAS OUR WORDS IN REPORT Dt.11-2-09 "close abv 14450 test 14675-700 atleast/towards 15000" & SEE PRICE REGISTER HIGH=15563 YESTERDAY. Continue to view as long Support of 15050 & 14725 Xpect price towards 15700 in coming days. for the day buy only abv 15575 S/L 15530 and T/p 15630-15700 OR buy ard 15235-240 S/L 15225 and T/p 15280-320 (any time close above 15575 bullish while close below 14725/13925-13740/13350/ 13025/12750 bearish for medium term)


SILVER


THIS WAS OUR WORDS YESTERDAY "Xpect price towards 24000-24500 Range with any close above 21750" & SEE PRICE RALLY BY Rs.1200 WITHIN A DAY AFTER BREAK OUR LEVEL 21750. Continue to view Xpect price towards 24000-24500 Range as long Support of 22100 & 21500. book profit on buy ard 20930-940/21450/ 21750, for the day buy only abv 23000 S/L 22900 and T/p 23100-200 OR buy ard 22320-330 S/L 22300 and T/p 22450/towards 22700 (any time close below 21500/20925/20150/19425/18900/ 18000/17375/16925/16100/15775 bearish rally while close above 23000/ 25000/26100/27250 bullish for medium term)


CRUDE


THIS WAS OUR WORDS IN REPORT Dt.16-2-2009 "sustain close below potential towards 1900-1800-1700 in coming weeks" & SEE WITHIN 2-DAYS 1st TARGET ACHIEVED AS YESTERDAY LOW=1904. Continue to view as long Resistance of 2055 & 2100 down trend seen continue towards 1800-1700 in coming weeks. for the day sell below 1940 S/L 1952 and T/p 1920-1900/sustain below towards 1850 OR sell ard 2025-30 S/L 2035 and T/p 2000-1980 (now crude need to close above 2205/2335/2450/2765 for bullish rally while close below 1900/1625 bearish for medium term)


COPPER

PRICE TURN EXACT FROM OUR GIVEN SUPPORT & RESISTANCE AS OUR S2-157 & DAYS LOW=157.1 WHILE OUR R1-164 & DAYS HIGH= 163.6 Continue to view as long Resistance of 164 & 165.5 more down side expected. for the day sell only below 157 S/L 158.50 and T/p 155/153/ 151/below down rally OR sell ard 163.4-163.6 S/L 164 and T/p 162-160.5 (upside strong rally only on close above 170/177.5/196/ 204.5/219/238/271 while close below 150.5/144/138.5 bearish for medium term)


MCXARUN
9994500540

safe trade calls

GOLD

PRICE TURN EXACT FROM OUR GIVEN SUPPORT=14570 AS YESTERDAY LOW=14580. Continue to view as long Support of 14400 & 14225 Xpect price towards 14900-15000 in coming days. for the day buy only abv 14830 S/L 14780 and T/p 14870-900/ towards 15000 OR buy ard 14560-565 S/L 14550 and T/p 14610-650 (any time close above 14825 bullish while close below 13925-13740/13350/13025/12750 bearish for medium term)


SILVER

THIS WAS OUR VIEW SINCE LAST DAYS :- in Report Dt. 23-1-09 "close above 18850 test 19500-600 atleast and in Report Dt. 30-1-09 "close abv 19650 test 20000 atleast / towards 20400" and in Report Dt. 5-2-09 "sustain close above test 20350 atleast/towards 20800" ACHIEVED ALL SEE HIGH REGISTER YESTDAY= 21575. (14% Rally in just 19-days) Continue to view as long Support of 21000 & 20550 uptrend seen continue. book profit on buy abv 20500/20650/ 21300, fresh buy only abv 21450 S/L 21370 and T/p 21550-600/21700/ anytime close abv 21725 seen new Bullish Rally OR buy ard 20930-940 S/L 20900 and T/p 21000-21100 (any time close below 20150/19425/18900/18000/ 17375/16925/16100/15775 bearish rally while close above 21725 bullish for medium term)


CRUDE

THIS WAS OUR VIEW ON 9-2-09 REPORT "as long Resistance of 2050-60 down trend seen continue" & SEE PRICE TURN FROM HIGH EXACT 2060 TO MAKE LOW=1680 YESTERDAY AND THIS WAS OUR VIEW SINCE LAST MANY DAYS "sustain close below 1890 potential towards 1780-1580 in coming days" & SEE PRICE REGISTER LOW=1680 TILL NOW. Continue to view as long Resistance of 1765 & 1810 down trend seen continue. we book profit on sell ard 2027/1890/1800, fresh sell below 1680 S/L 1695 and T/p 1660-50/towards 1600 OR sell ard 1765-70 S/L 1775 and T/p 1750-35 (now crude need to close above 2130/2320/2650-75/2950 for bullish rally while close below 1680/ 1625 bearish for medium term)


COPPER

ONCE AGAIN 2nd TIME PRICE TURN EXACT FROM OUR GIVEN SUPPORT LEVEL OF 163 AS YESTERDAYS LOW=163.25 & MAKE HIGH AFTER 167. Continue to view as long Support of 163-162 Bounce back expected. for the day buy only abv 168.5 S/L 167.5 169.75/171.25/towards 173.50 OR sell only below 163 S/L 164.30 and T/p 162/ 160.50/below down trend (upside strong rally only on close above 177.5/196/ 204.5/219/238/271 while close below 160.5/150.5/144/138.5 bearish for medium term)


MCXARUN
9994500540

safe trade calls

GOLD

Now as long Support of 14400 & 14225 Xpect price towards 14900-15000 in coming days. THIS WAS OUR WORDS YESTERDAY "close abv test 14675-700" & SEE PRICE REGISTER HIGH=14724 AFTER BREAK OF 14450 we book profit on buy abv 14400/14450, for the day buy only abv 14730 S/L 14685 and T/p 14770-800 OR buy ard 14410-420 S/L 14400 and T/p 14460-500 (any time close above 14725 bullish while close below 13925-13740/13350/ 13025/12750 bearish for medium term)


SILVER

THIS WAS OUR VIEW SINCE LAST DAYS :- in Report Dt. 23-1-09 "close above 18850 test 19500-600 atleast and in Report Dt. 30-1-09 "close above 19650 test 20000 atleast / towards 20400" and in Report Dt. 5-2-09 "sustain close above test 20350 atleast/towards 20800" ACHIEVED ALL SEE HIGH REGISTER YESTDAY= 21273. (10% Rally in just 18-days) Continue to view as long Support of 20700 & 20550 uptrend seen continue. book profit on buy abv 20500/20650, fresh buy only abv 21300 S/L 21220 and T/p 21400/towards 21700 in coming days OR buy ard 20730-740 S/L 20700 and T/p 20800-925 (any time close below 20150/19425/18900/18000/17375/ 16925/16100/15775 bearish rally while close above 21725 bullish for medium term)

CRUDE

THIS WAS OUR VIEW ON 9-2-09 REPORT "as long Resistance of 2050-60 down trend seen continue" & SEE PRICE TURN FROM HIGH EXACT 2060 TO MAKE LOW=1807 AND THIS WAS OUR VIEW SINCE LAST MANY DAYS "sustain close below 1890 potential towards 1780-1580 in coming days" & SEE PRICE REGISTER LOW=1807 TILL NOW. Continue to view as long Resistance of 1910 & 1950 down trend seen continue. we book profit on sell ard 2027/1890, fresh sell below 1800 S/L 1820 and T/p 1780-1750 OR sell ard 1885-90 S/L 1895 and T/p 1860-1830 (now crude need to close above 2130/2320/2650-75/2950 for bullish rally while close below 1800/1625 bearish for medium term)


COPPER

THIS WAS OUR VIEW YESTERDAY "buy ard 163.4-163.6 S/L 163 and T/p 165-168" & SEE PRICE TURN FROM LOW EXACT 163.6 TO MAKE HIGH 168.30 ACHIEVED. Continue to view as long Support of 163 & 160.50 Bounce back expected. for the day buy only abv 168.5 S/L 167.5 169.75/171.25/towards 173.50 OR buy ard 160.9-161.1 S/L 160.5 and T/p 162.5-164 (upside strong rally only on close above 177.5/196/ 204.5/219/238/271 while close below 160.5/150.5/144/138.5 bearish for medium term)

MCXARUN
9994500540

safe trade calls

GOLD

Still as long Resistance of 14310 & 14400 some correction expected. for the day sell below 14140 S/L 14175 and T/p 14100-14070/below towards 14000 OR buy only abv 14400 S/L 14350 and T/p 14440-450/close abv test 14675-700 atleast/towards 15000 in coming days (any time close above 14400-450 bullish while close below 13900-13740/13350/ 13025/12750 bearish for medium term)


SILVER

PRICE TURN ALMOST FROM OUR GIVEN SUPPORT LEVEL=20125 AS DAYS LOW=20150. Continue to view as long Support of 20100 uptrend seen continue. book profit on buy abv 20500, fresh buy only abv 20650 S/L 20550 and T/p 20800 OR buy ard 20170-180 S/L 20150 and T/p 20275-20375, below 20100 avoid fresh long (any time close below 19425/18900/18000/17375/ 16925/16100/15775 bearish rally while close above 20970/21725 bullish for medium term)


CRUDE

Crude oil Inventory Schedule to release today. THIS WAS OUR VIEW ON 9-2-09 REPORT "as long Resistance of 2050-60 down trend seen continue" & SEE PRICE TURN FROM HIGH EXACT 2060 TO MAKE LOW=1892 AND THIS WAS OUR CALL YESTDAY "sell ard 2027-30 S/L 2035 and T/p 2010-1990" & SEE PRICE TURN FROM HIGH EXACT=2035 TO MAKE LOW= 1892. Continue to view as long Resistance of 1990 & 2060 down trend seen continue. we book profit on sell ard 2027, fresh sell below 1890 S/L 1910 and T/p 1870-1850/sustain close below 1890 potential towards 1780-1580 in coming days OR sell ard 1990-1995 S/L 2000 and T/p 1950-1930 (now crude need to close above 2130/2320/2650-75/2950 for bullish rally while close below 1890/1625 bearish for medium term)


COPPER

Continue to view as long Support of 163 expect price towards 185-192 in coming days (buy on dips advisable) for the day buy abv 171.5 S/L 170 and T/p 173-175/ 177.50 OR buy ard 163.4-163.6 S/L 163 and T/p 165-168 (upside strong rally only on close above 177.5/196/204.5/ 219/238/271 while close below 160.5/ 150.5/144/138.5 bearish for medium term)


MCXARUN
9994500540

DGCX Crude Outlook 10th Feb, 09

U.S. crude oil futures settled lower yesterday as concerns about recession and demand. Weakness in heating oil and gasoline futures also weighed on oil prices.

At the same time OPEC view on production limited the crude price from more falling .According to the report, OPEC is willing to cut oil output further at a March meeting, the group's secretary-general said Monday, adding he would like to see full compliance with existing curbs first. OPEC's president and ministers from Iraq, Venezuela and Iran have also raised the prospect of more cuts.

U.S. crude oil futures ended lower on Friday also as oil demand worries mounted after government data showed the economy last month shed the biggest number of jobs in 34 years and Crude oil speculators on the New York Mercantile Exchange cut net long positions sharply in the week to Feb. 3, data from the U.S. Commodity Futures Trading Commission released on Friday showed.

Weekly Crude Oil (DWTI January.)

42.65 And 39.85 is the trading range, breaking either side may clear the direction. Resistances are $44.70, 47.38. Supports are at $37.10, $34.80.

DWTI (MAR) traded in the range $42.20 - $39.45and closed at $39.56

TECHNICAL OUTLOOK (Intra-day)
DGCX Crude (MAR) - Bullish above $39.80 Bearish below $39.30

MCXARUN
9994500540

DGCX Gold Outlook 10th Feb, 09

Gold futures ended below $900 an ounce yesterday on profit taking from the recent rally, triggered by optimism ahead of economic stimulus plans to be unveiled by the U.S. government.

Traders were awaiting an announcement on Washington's massive stimulus plan. The Senate was due to vote on the package later Monday to clear the way for its passage on Tuesday.

But at the same time the world's largest gold-backed exchange-traded fund, SPDR Gold Trust said its bullion holdings held unchanged at a record 867.19 tonnes as of Feb. 6.

U.S. gold futures fell on Friday also as weaker than expected U.S. jobs data boosts expectations Washington will act quickly to implement its fiscal stimulus policy, with rising stock markets suggesting some investment is being diverted back into shares.
According to the report from U.S Labour Department, jobless claims were up 35,000 last week to 626,000, more than expected and the most in 26 years. And also U.S. Labour Department said that productivity was up an annual rate of 3.2% in the fourth quarter, more than expected. Unit labour costs were up an annual rate of 1.8% in the fourth quarter, less than expected.
International spot gold traded in the range $ 911.70- $ 879.80a Troy Ounce and last quoted at $894.50

Weekly Outlook (DG. OCT.)

$933 is the major resistances .If sustain above that level, expect more uptrend. Resistances are $954, $968, $988. Supports are at $909, $899, $881 and $862.

Last day DGCX Gold APR. Traded in the range $909.70-$892.90and closed at $ 895.40

TECHNICAL OUTLOOK (Intra-day)

GOLD (APR) - Bullish above $ 898bearish below $ 893

MCXARUN
9994500540