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Tuesday, January 13, 2009

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

2 comments:

phalgun garg said...

i want to know what is sideways ?

akshaya said...

Attention Mr Phalgun garg

MCX March silver is expected to trade in the range of Rs 17580 to Rs 17880.It will neither be able to break the support nor the resistance at either ends. That is why we say it is sideways.
Any other queries let us know.
Akshaya.