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Showing posts from October, 2007

Intraday

Buy Silver 18985 tgt 19050-19120-19180 s/l 18935 Buy Gold 10095 tgt 10130-10150-10165 S/l 10070 Add Copper 311.75 tgt 312.80-313.50-314 s/l 310.65

Gold is Record high to 796 Dollar

Gold cross record level of $796 on high crude oil prices, Dollar weakness and Increasing demand. Gold is near to resistance level of $800 and looking very bullish. There are types of thinking for it First: Positive Gold is Much Bullish and if it cross $800 then it will become highly bullish and it will go for further high of $850. Demand wil increase from india as Festival Diwali is Comming. Second: Negative Gold is at very high level and it will not go futher high as condition will some ease and it will go down. Conclution: Gold is really at very high level and it will very vollatile for some days .It is looking Bulish for some days but it movements will depends up on its affecting feature. So Take care of related news and use Stop loss levels to stop any big losses.
Add crude 3602 tgt 3630 s/l 3580 add silver 18560 tgt 18615-18670-18720 s/l 18500

INTRADAY

Sell Copper 304.75 tgt 302.60 s/l 307 Sell crude 3365 tgt 3335 s/l 3386 sell Ng 297.25 tgt 294.10 s/l 300

19/10/07

Buy Silver 18330 gt 18385 s/l 18290 Sell Lead 147.30 tgt 146.60 s/l 147.85 Add Gold 9824 tgt 9845 s/l 9812
Add Gold 9756 tgt 9770-9785-9790 s/l 9740 Add Silver 18280 tgt 18320-18340 s/l 18240

18-10-07

Add Gold 9727 tgt 9742 s/l 9717 Add Silver 18205 tgt 18250 s/l 18175 Sell Copper 311.50 310 s/l 312.60