Technical Roundup for Bullion (18 July 2008)
Find below Trading strategy for the day (18 July'08) or two only.
Format To Read: Commodity/ Exchange / Contract/ S2/ S1/ Close/ R1/ R2/ View
Gold MCX Aug' 08 13060 13190 13328 13490 13640
book profit on sell below 13475/13325, for the day sell only below 13190 S/L 13220 and T/p 13150-135/towards 13050-40 where good support seen again OR buy only abv 13525 S/L 13500 and T/p 13580-640/towards 13750. only close above 13765 seen new rally towards 14200-300 in coming days (any time close above 13670 bullish while close below 13190/12750/12150/11920/ 11775/11375/11200 bearish for medium term)
Silver MCX Sep' 08 25425 25670 25982 26350 26700
PRICE TURN EXACT FROM OUR RESISTANCE book profit on sell below 26100, for the day sell only below 25850 S/L 25930 and T/p 25775-700-670/ 25550/25450 OR sell ard 26370-80 S/L 26400 and T/p 26250/26140 (any time close below 24725/23525/23075/21825 bearish rally while close above 27250/ 28000 bullish for medium term)
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07-18-2008, 12:05 PM
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