We are now on face book . Dear viewers we request you to like our page and if any queries you cld ask us there . we will get back .
WE ARE NOW ON TWITTER

FOLLOW US ON TWITTER

IF YOU HAVE ANY TECHNICAL QUERY YOU CAN TWEET AT


CLICK ON THE LINK ABOVE

Thursday, January 29, 2009

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.

10 comments:

Anonymous said...

Can go fresh shoet on silver at 19050?

akshaya said...

kmr.junaid,

the jobless claims data in u.s expected at 7 pm. pls wait till then.

akshaya

akshaya said...

JUNAID,

SIVER SUPPOIRT IS RS.18900 AND RESISTANCE IS RS.19280.
AKSHAYA

Anonymous said...

Jobless data is out, its declined, now cover the short or hold

sunny said...

wat should i do ?
having a short position at 18600?
in near days the rate is looking to come or not?

akshaya said...

ATTENTION MR JUNAID
Jobless data was mildly positive for bullions.But market seems range bound.No clear direction.
AKSHAYA.

Anonymous said...

Hi Akshaya, can i have you on yahoo messenger?so that its easy for you & me also,

akshaya said...

ATTENTTION MR SUNNY
Silver is trading in Range bound manner.
Silver having resistance at Rs 19280 and support is at Rs 18900.
No clear direction is seen. As soon as any direction is seen i will infm you.
AKSHAYA.

Anonymous said...

silver having surprise rally, what could be the reason?

akshaya said...

ATTENTION MR JUNAID
Durable goods and employnent data which was released later in the evening is mildly positive for bullions.
Wait for tommorow for the actual trend to emerge.
AKSHAYA.