UPDATE

TECHNICALS FOR NYMEX TRADING JAN 30

MCX MARCH SILVER

SHORT TERM ; SIDEWAYS

LONG TERM : BULLISH

SUPPORTS ; 19760, 19580, 19360

RESISTANCES ; 19880, 20080, 20160

WAIT FOR CONFIRMATION

UPDATE

MARKET ALERT AT 2 PM

MCX MARCH SILVER HAS ACHIEVED OUR BUY
\
TARGET RS. 19850. BOOK PROFITS AND WAIT

FOR FRESH CALL.

UPDATE

MARKET ALERT AT 1.50 PM

MCX MARCH SILVER CMP RS. 19750,

BOOK PARTIAL PROFIT OR TRAIL STOP LOSS

TO COST.( BUY INITIATED AT RS. 19630 ).

UPDATE

MARKET ALERT AT 1.30 PM

MCX MARCH SILVER CMP RS. 19630, IS

EXPECTED TO TEST RS. 19800 TO 19850

LEVELS, CURRENT SUPPORTS SEEN AT

RS. 19510.

UPDATES

TECHNICALS FOR JAN 30

MCX MARCH SILVER

SHORT TERM ; BEARISH

LONG TERM : BULLISH

SUPPORTS ; 19400, 19230,19010

RESISTANCES ; 19680, 19810, 19960

WAIT FOR CONFIRMATION

UPDATES FOR EVENING NYMEX TRADE FOR JAN 29 2009

TRADING LEVELS FOR EVENING NYMEX TRADE FOR JAN 29 THURSDAY

SHORT TERM TREND : BEARISH

LONG TERM TREND : BULLISH

S1 RS 18880 , S2 RS 18660 , S3 RS 18480

R1 RS 19140 , R2 RS 19380 , R3 RS 19560

STAY SHORT AT RESISTANCE.

UPDATE

MARKET ALERT AT 2 PM JAN 29

MCX MARCH SILVER CMPRS.18970, BOOK

PARTIAL PROFITS IN OUR SELL CALL

INITIATED AT RS. 19100, OR TRAIL STOP

LOSS TO COST.

UPDATES ON JAN 29 2009

JAN 29 THURSDAY

SHORT TERM TREND : SIDEWAYS

LONG TERM TREND : BULLISH

S1 RS 19160 , S2 RS 19000 , S3 RS 18880

R1 RS 19340 , R2 RS 19480 , R3 RS 19610

STAY SHORT AT RESISTANCE.

March silver fell 1.7% to $11.963 an ounce.

Silver decoupled from gold in late Asian activity

climbing from $ 12.03 to $ 12.17 , tracking gold lower

in gold and slipping to $ 11.89 ahead of the New York

session. It rose to $ 12.21 before closing at $ 12.16.

MARKET ALERT ON JAN 28 WEDNESDAY 6.10 PM IST

As forecasted earlier MCX March silver is now at Rs

19175 .

Low risk traders can book profit or others can hold

with trailing stop loss at cost for further target of

Rs 19090.

UPDATE

TECHNICALS FOR NYMEX TRADING

JAN 28

MCX MARCH SILVER

SHORT TERM ; SIDEWAYS

LONG TERM ; BULLISH

SUPPORTS ; 19180, 19030, 18880

RESISTANCES ; 19450, 19580, 19765

BUY ABOVE 19465

MARKET ALERT O JAN 28 WEDNESDAY 2.10 PM IST

MCX March silver unable to break crucial support.

Those holding short position trade with caution.

MCX March silver has crucial resitance at Rs 19450 to 19500 levels.

Exit shorts if it holds above Rs 19500.

MARKET ALERT ON JAN 28 1.00 PM IST

MCX March Silver is expected to test Rs 19175,

if it sustains below Rs 19415.

CMP Rs 19300.

UPDATES ON JAN 28 2009

JAN 28 WEDNESDAY

SHORT TERM TREND : SIDEWAYS

LONG TERM TREND : BULLISH

S1 RS 19360 , S2 RS 19210 , S3 RS 19060

R1 RS 19610 , R2 RS 19760 , R3 RS 19940

Silver tracked gold through out the day , rising

from $ 11.84 to $ 12.18 ahead of teh New York session.

It slipped to $ 11.98 at the open of New york

open before resuming its upward move to $ 12.29

and closing at $ 12.11.

updates

MARKET ALERT AT 10 PM JAN 27

MCX MARCH SILVER ; CMP RS.19525, HOLD

LONGS FOR FURTHER TARGET RS. 19700.

MARKET ALERT ON JAN 27 TUESDAY 9.15 PM IST

MCX March Silver is expected to test Rs 19560,

if it sustains above Rs 19250.

CMP Rs 19380.

UPDATES

TECHNICALS FOR NYMEX TRADING JAN 27

MCX MARCH SILVER

SHORT TERM ; SIDEWAYS

LONG TERM : BULLISH

SUPPORTS ; 19170, 18910, 18760

RESISTANCES ; 19380, 19560, 19780

WAIT FOR CONFIRMATION

update

MARKET ALERT AT 11 AM JAN 27

MCX SIVER MARCH : HOLD LONGS FOR TARGET

RS. 19700.

UPDATES

TECHNICALS FOR JAN 27

SHORT TERM ; BULLISH

LONG TERM: BULLISH

SUPPORTS : 19130,18910,18760

RESISTANCES :19360, 19530, 19780

STAY LONG AT SUPPORTS

UPDATE

TECHNICALS FOR NYMEX TRADING

JAN 23

ALL OUR ATRGETS ACIEVED IN OUR BUY

CALLS GIVEN THIS AFTERNOON !!!!!!!!!!

MCX MARCH SILVER

SHORT TERM ; BULLISH

LONG TERM ; BULLISH

SUPPORTS : 18670, 1818450, 18270

RESISTANCES ; 18890, 19120, 19370

WAIT FOR FURTHER POSITIONS

UPDATES

MARKET ALERT AT 3.40 PM JAN 23

MCX MARCH SILVER HAS ACHIEVED OUR

TARGET RS.18800 9 BUY RECOMMENDED AT

RS.18640) , LOW RISK TRADERS BOOK PROFITS

OTHERS HOLH FOR NEXT TARGET RS. 18930.

update

MARKET ALERT AT 3 PM JAN 23

MCX MARCH SILVER CMP RS.13640 SEMS

BULLISH, AND COULD TEST RS.13800 LEVELS,

CURRENT SUPPORT SEEN AT RS. 13540.

UPDATES

TECHNICALS FOR JAN 23

MCX MARCH SILVER

SHORT TERM : SIDEWAYS

LONG TERM : BULLISH

SUPPORTS ; 18510, 18360, 18180

RESISTANCES ; 18780, 18930, 19080

WAIT FOR CONFIRMATION

TECHNICALS FOR EVENING NYMEX TRADE JAN 22 2009

JAN 22 THURSDAY

TRADING LEVELS FOR EVENING NYMEX TRADE]

SHORT TERM TREND : SIDEWAYS

LONG TERM TREND : BULLISH

S1 RS 18380 , S2 RS 18160 , S3 RS 18000

R1 RS 18680 , R2 RS 18860 , R3 RS 19080

MARKET ALERT ON JAN 22 THURSDAY

MCX March Silver is expected to test Rs 18870 ,

if it sustains above Rs 18510.

cmp Rs 18640.

UPDATES ON JAN 22 2009

JAN 22 THURSDAY

SHORT TERM TREND : SIDEWAYS

LONG TERM TREND : BEARISH

S1 RS 18480 , S2 RS 18280 , S3 RS 18160

R1 RS 18680 , R2 RS 18860 , R3 RS 19080

March silver futures rose 14 cents to end at $11.32 an ounce.

Primary support is at $ 11.06 and secondary support

is at $ 11.44.

Resistence is at $ 11.31 and $ 10.95.

TECHNICALS FOR EVENING NYMEX TRADE JAN 21 WEDNESDAY

MARKET ALERT ON JAN 21 WEDNESDAY 3.15 PM IST

As forecasted earlier MCX Mar Silver achieved

target of Rs 185640..

Buy was advised at Rs 18480 .

CMP Rs 18800.

MARKET ALERT ON JAN 21 WEDNESDAY 2.00 PM IST

MCX Mar Silver is expected to test Rs 18640 ,

if it sustains above 18360.

CMP Rs 18500.

UPDATES ON JAN 21 2009

JAN 21 WEDNESDAY

SHORT TERM TREND : SIDEWAYS

LONG TERM TREND : BEARISH

S1 RS 18310 , S2 RS 18180 , S3 RS 18030

R1 RS 18580 , R2 RS 18710 , R3 RS 18880.

March silver slid 0.4% to $11.175 an ounce.

Silver tracked Gold . After initially moving lower

in Asia , it bounced back to $ 11.25 and settled at

$ 11.16 in London.

Primary support is at $ 11.06 and secondary support is at

$ 11.44.

Resistence is at $ 11.31 and $ 10.95.

TECHNICALS FOR NYMEX TRADE JAN 20 2009

JAN 20 TUESDAY

TRADING LEVELS FOR EVENING NYMEX TRADE

SHORT TERM TREND : BEARISH

LONG TERM TREND ; BEARISH

S1 RS 18150 , S2 RS 18030 , S3 RS 17920

R1 RS 18340 , R2 RS 18510 , R3 RS 18680

STAY SHORT FOR INTRA DAY.

UPDATES ON JAN 20 2009

JAN 20 TUESDAY

SHORT TERM TREND : BEARISH

LONG TERM TREND : BEARISH

S1 RS 18150 , S2 RS 18030 , S3 RS 17920

R1 RS 18340 , R2 RS 18510 , R3 RS 18680

STAY SHORT FOR INTRA DAY.

Silver declined 0.7 percent to $11.1925 an ounce.

Silver initially traded in the range of $ 10.60 to

$ 10.70 .

Once it broke $ 10.70 , it closed at $ 11.72.

Primary support is at $ 10.81 and secondary support

is at $ 10.34.

Primary resistence is at $ 10.52 and then at $ 10.77.

TECHNICALS FOR EVENING TRADE JAN 19 2009

JAN 19 200

TRADING LEVELS FOR EVENING TRADE

SHORT TERM TREND :SIDEWAYS

LONG TERM TREND : BEARISH

S1 RS 18230 , S2 RS 18010 , S3 RS 17880

R1 RS 18480 , R2 RS 18610 , R3 RS 18780

MARKET ALERT ON JAN 19 2009 3.50 PM IST

MCX Mar Silver is expected to test Rs 18530 ,

if it sustains above Rs 18230.

CMP Rs 18330.

UPDATES ON JAN 19 2009

JAN 19 MONDAY

SHORT TERM TREND: SIDEWAYS

LONG TERM TREND : BEARISH

S1 RS 18180 , S2 RS 18010 , S3 RS 17890

R1 RS 18480 , R2 RS 18610 , R3 RS 18780.

Silver is expected to trail gold.

Silver hit a high of $ 21 in March and since then

it has fallen dwn to its present price of $ 10.44.

Resistence is seen at $ 10.89 and $ 11.

Support is seen at $ 10.35.

MARKET ALERT ON JAN 16 FRIDAY


As forecasted earlier MCX Silver is approaching

our target of Rs 17820.

Buy call was initiated at Rs 17693.

TECHNICAL LEVELS FOR NYMEX TRADING FOR JAN 16 2009

JAN 16 FRIDAY

TRADING LEVELS FOR NYMEX TRADING FOR JAN 16 FRIDAY .

SHORT TERM TREND : SIDEWAYS

LONG TERM TREND : BEARISH

S1 RS 17610 , S2 RS 17480 , S3 RS 17320

R1 RS 17880 , R2 RS 18070 , R3 RS 18210

WAIT FOR CONFIRMATION.

MARKET ALERT ON JAN 16 FRIDAY

MCX Mar Silver is expected to test Rs 17820,


Support is seen at Rs 17610 levels.

CMP RS 17690.

UPDATES

TECHNICALS FOR JAN 16

MCX MARCH SILVER

SHORT TERM : BEARISH

LONG TERM : BEARISH

SUPPORTS ; 17380, 17160, 17040

RESISTANCES ; 17660, 17890, 18160

STAY SHORT AT RESISTANCES

UPDATES

TECHNICALS FOR NYMEX TRADING

JAN 15

MCX MARCH SILVER

SHORT TERM ; BEARISH

LONG TERM ; BEARISH

SUPPORTS ; 17480, 17280, 17060

RESISTANCES : 17860, 18160, 18380

STAY SSHORT AT RESISTANCES

UPDATES

TECHNICALS FOR JAN 15

MCX MARCH SILVER

SHORT TERM ; BEARISH

RESISTANCES : BEARISH

SUPPORTS : 17480, 17280, 17040

RESISTANCES : 17860, 18180, 18390

STAY SHORT AT RESISTANCES

UPDATES

TECHNICALS FOR NYMEX TRADING

JAN 14

MCX MARCH SILVER

SHORT TERM ; SIDEWAYS

LONG TERM : BEARISH


SUPPORTS: 17760, 17380, 17140

RESISTANCE : 18060, 18260, 18560

STAY SHORT AT RESISTANCES

UPDATES

TECHNICALS FOR JAN 14

MCX MARCH SILVER

SHORT TERM : SIDEWAYS

LONG TERM ; BEARISH

SUPPORTS : 17660, 17380, 17140

RESISTANCES : 18060, 18260, 18580

STAY SHORT AT RESISTANCES

UPDATES

TECHNICALS FOR NYMEX TRADING

JAN13

MCX MARCH SILVER

SHORT TERM ; SIDEWAYS

LONG TERM ; BEARISH

SUPPORTS ; 17580, 17300, 17180

RESISTANCES ; 17880, 18160, 18380

STAY SHORT AT RESISTANCES

MARKET ALERT ON JAN 13 TUESDAY 1.20 PM IST

MCX March Silver is expected to test Rs 17490 ,

if it sustains below Rs 17820.

CMP Rs 17710.

UPDATES

TECHNICALS FOR JANUARY 13

MCX MARCH SILVER

SHORT TERM ; SIDEWAYS

LONG TERM ; BEARISH

SUPPORTS : 17880, 17680, 17480

RESISTANCES ;18260, 18480, 18640

STAY SHORT AT RESISTANCES

UPDATES

MARKET ALERT AT 6.45 PM JAN12

MCX MARCH SILVER TOUCHED A LOW RS.18050,

WE HAD ADVISED SELLING AT RS.18290.

UPDATE

MARKET ALERT AT 5.30 PM JAN 12

MCX MARCH SILVER CMP RS.18290 IS

EXPECTED TO TEST RS.17900 LEVELS,

CURRENT RESISTANCE IS AT RS.18420.

UPDATES

TECHNICALS FOR NYMEX TRADING

JAN 12

MCX MARCH SILVER

SHORT TERM ; SIDEWAYS

LONG TERM ; BEARISH

SUPPORTS ; 18280, 18080, 17880

RESISTANCES ; 18460, 18680, 18840

STAY SHORT AT RESISTANCES

UPDATES ON JAN 12 2009

JAN 12 MONDAY

SHORT TERM TREND : SIDEWAYS

LONG TERM TREND : BEARISH

S1 RS 18280 , S2 RS 18080 , S3 RS 17880

R1 RS 18460 , R2 RS 18680 , R3 RS 19840

STAY SHORT AT RESISTENCE.

MARKET ALERT ON JAN 8 FRIDAY

MCX May Silver may test Rs 17880 ,

if it sustains below Rs 18280

CMP Rs 18180

UPDTES

TECHNICALS FOR NYMEX TRADING

JAN 9

MCX MARCH SILVER

SHORT TERM : SIDEWAYS

LONG TERM ; BEARISH

SUPPORTS ; 18230, 18080, 17880

RESISTANCES ; 18460, 18680, 18840

WAIT FOR CONFIRMATION

UPDATES

TECHNICALS FOR JAN 9

MCX MARCH SILVER

SHORT TERM ; BULLISH

LONG TERM ; BEARISH

SUPPORTS ; 18230, 18080, 17880

RESISTANCES : 18510, 18680, 18840

STAY LONG AT SUPPORTS

MARKET ALERT ON JAN 8 THURSDAY 6.10 PM IST

Book profit in MCX March Silver at CMP Rs 18106.

We had said that it could test Rs 18060.

UPDATES

TECHNICALS FOR NYMEX TRADING

JAN 8

MCX MARCH SILVER

SHORT TERM : BEARISH

LONG TERM : BEARISH

SUPPORTS ; 18180, 18030, 17880

RESISTANCES ; 18510, 18680, 18840

STAY SHORT AT RESISTANCES

MARKET ALERT ON JAN 8 THURSDAY 11.30 AM IST

MCX March Silver is expected to tEST Rs 18060 ,

if it sustains below Rs 18410.

UPDATE

MARKET ALERTAT11.30 AM JAN 8

MCX MARCH SILVER CMP RS.18285,IS

EXPECTED TO TEST RS.18075 LEVELS,

CURRENT RESISTANCES SEEN AT RS.18410.

UPDATES ON JAN 8 2009

JAN 8 THURSDAY

SHORT TERM TREND : BEARISH

LONG TERM TREND : BEARISH

S1 RS 18180 , S2 RS 18030 , S3 RS 17880

R1 RS 18510 , R2 RS 18680 , R3 RS 19840

STAY SHORT AT RESISTENCE.


Silver followed gold lower throughout Asia and London

slipping from $ 11.27 to $ 10.78 before rallying

in Newyork settling at $ 11.44 at the close and

gaining $ 11.52 in the aftermath.

Support and Resistence are at $ 10.91 asnd $ 11.62

respectively.

UPDATES

TECHNICALS FOR NYMEX TRADING

MCX MARCH SILVER

SHORT TERM : SIDEWAYS

LONG TERM : BEARISH

SUPPORTS : 18460, 18300, 18030

RESISTANCES: 18680, 18880, 19160

WAIT FOR CONFIRMATION

UPDATES

TECHNICALS FOR JAN 7

MCX MARCH SILVER


SHORT TERM ; SIDEWAYS

LONG TERM ; BEARISH

SUPPORTS :18310, 18160,18030

RESISTANCES : 18610, 18780, 18960

WAIT FOR CONFIRMATION

UPDATES

TECHNICALS FOR NYMEX TRADING

JAN 6

MCX MARCH SILVER

SHORT TERM : BEARISH

LONG TERM : BEARISH

SUPPORTS ; 17880, 17650, 17360

RESISTANCES ; 18160, 18360, 18580

STAY SHORT AT RESISTANCES

update

MARKET ALERT AT 12 NOON JAN6

MCX MARCH SILVER CMP RS.18150IS EXPECTED

TO TEST RS.17880LEVELS,CURRENT RESISTANCES

SEEN AT RS.18360.

UPDATES ON JAN 6 2009

JAN 6 TUESDAY

SHORT TERM TREND : BEARISH

LONG TERM TREND : BULLISH

S1 RS 18210 , S2 RS 18050 , S3 RS 17880

R1 RS 18540 , R2 RS 18710 , R3 RS 18880

STAY SHORT AT RESISTENCE.

UPDATE

TECHNICALS FOR NYMEX TRADING

MCX MARCH SILVER

SHORT TERM ; SIDEWAYS

LONG TERM : BULLISH

SUPPORTS ; 18240, 18080, 17880

RESISTANCES : 18480, 18660, 18830

WAIT FOR CONFIRMATION

UPDATES

MARKET ALERT AT 2 PM JAN 5

MCX MARCH SILVER CMP RS.18380 ,

LIKELY TO TEST RS.18080 LEVELS,

CURRENT RESISTANCE SEEN AT RS. 18490.

UPDATES ON JAN 5 2009

JAN 5 MONDAY

SHORT TERM TREND : BULLISH

LONG TERM TREND : BULLISH

S1 RS 18460 , S2 RS 18310 , S3 RS 18180

R1 RS 18780 , R2 RS 18910 , R3 RS 19030

STAY LONG AT SUPPORT.

UPDATES

MARKET ALERT AT 9.30 PM JAN 2

SILVER STRONG RESISTANCE IS AT RS.18558,

IF CLOSED ABOVE THEN NEXT RESISTANCE IS AT

RS.18886, THEN 19050.

UPDATES

TECHNICALS FOR NYMEX TRADING

JAN 2

MCX MARCH SILVER

SHORT TERM ; BULLISH

LONG TERM : BULLISH

SUPPORTS ; 18180, 17810, 17680

RESISTANCES : 18360, 18660, 18840

STAY LONG AT SUPPORTS

UPDATES ON JAN 2 2009

DEC 2 FRIDAY

SHORT TERM TREND : SIDEWAYS

LONG TERM TREND : BULLISH

S1 RS 18330, 18160,17880

R1 RS 18560, 18780, 18960

STAY LONG AT SUPPORTS

UPDATES

TECHNICALS FOR EVENING TRADE

JAN 1 2009

MCX MARCH SILVER

SHORT TERM ; SIDEWAYS

LONG TERM : BULLISH

SUPPORTS ; 18330, 18160, 17880

RESISTANCES ; 18560, 18780, 17960

STAY LONG AT SUPPORTS

UPDATES

TECHNICALS FOR JAN 1 2009

MCX MARCH SILVER

SHORT TERM ; SIDEWAYS

LONG TERM : BULLISH

SUPPORTS : 18240, 18080, 17880

RESISTANCES : 18440, 18680, 18860

STAY LONG AT SUPPORTS