Friday, February 13, 2009

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

Thursday, February 12, 2009

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

Wednesday, February 11, 2009

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

Tuesday, February 10, 2009

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

important long view gold chart

please click the pic for large view




MCXARUN
9994500540

safe trade calls

GOLD

Now as long Resistance of 14140 & 14230 Xpect price to test 13790-13600 in this week only. for the day sell below 13900 S/L 13950 and T/p 13850-790 OR sell ard 14160-170 S/L 14175 and T/p 14110-14070 (any time close above 14400-450 bullish while close below 13740/13350/13025/12750 bearish for medium term)



SILVER

Continue to view as long Support of 20000 & 19700 uptrend seen continue. for the day buy only abv 20500 & more above 20575 S/L 20410 and T/p 20700-20800 OR sell below 20050 S/L 20150 and T/p 19950-900/towards 19750 (any time close below 19425/18900/18000/ 17375/16925/16100/15775 bearish rally while close above 20575-970/21725 bullish for medium term)


CRUDE

THIS WAS OUR VIEW "as long Resistance of 2005 & 2050-60 down trend seen continue" & SEE PRICE TURN FRO HIGH EXACT 2060 TO MAKE LOW=1955. Continue to view as long Resistance of 2060 & 2130 down trend seen continue. for the day sell below 1955 S/L 1970 and T/p 1930-15/ 1890/sustain close below 1890 potential towards 1780-1580 in coming days OR sell ard 2027-30 S/L 2035 and T/p 2010-1990 (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 only 175.25 S/L 174 and T/p 177-177.50/179-182 OR buy ard 166.90-167.10 S/L 166.5 and T/p 168.50-171(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