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Friday, January 23, 2009

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

6 comments:

phalgun garg said...

what did if i had position of short @18200

akshaya said...

Attention Mr Phalgun

Regarding your query on Silver,

Keep todays high Rs 18987 as your

stop loss and run your position.

Any other info that you want let

us know.

Akshaya.

phalgun garg said...

can i hold the short position of silver @18200 of feb, any technical reasons of silver coming down ?

akshaya said...

ATTN MR.PHALGUN GARG,
IN THE SHORT RUN, WE WLD EXPECT SILVER TO GO UP BY AT LEAST RS. 200 TO RS.300 MORE, BEFORE A CERTAIN AMOUNT OF PROFIT BOOKING TAKES PLACE, IN ANY CASE MONDAYS INTERNATIONAL TREND WILL BE CLEAR BEFORE OUR MARKETS OPEN ON TUESDAY, SO YR CHOICES ARE LIMITED.

anoopverma97 said...

i am short in gold mcx please advise anoopverma97@gmail.com

akshaya said...

ATTENTION MR ANOOP VERMA

Gold looks bullish in the short term. But with all markets closed for the week would be difficult to guide you.
Gold has strong resistance at $ 930 and then at $ 950 to $ 970.
You could log on to our blog on Tuesday mornineg and we would be able to advise you as soon the market opens.
Any oyher query let us know.
ASHAYA.