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Thursday, January 29, 2009

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.

2 comments:

Anonymous said...

Short or long at current level?

akshaya said...

ATTENTION MR JUNAID

It is advisable to remain short.
You could sell Rs 19250.
Maintain a stop loss above Rs 19360.Target could be upto Rs 18890.
AKSHAYA.