MARKET ALERT ON FEB 27 FRIDAY 7.30 PM IST

As forecasted earlier target of Rs 22220 achieved

in MCX March Silver.

Book full profits.

Longs were advised at Rs 21700 levels.

MARKET ALERT ON FEB 27 FRIDAY 7.00 PM IST

Target extended in Mar Silver upto Rs 22220.

Earlier target Rs 22060.

Book more profits.

MARKET ALERT ON FEB 27 FRIDAY 5.25 PM IST

As forecasted earlier MCX March silver has achieved

target of Rs 21890.

It could test further target of Rs 22060.

UPDATES

TECHNICALS FOR NYMEX TRADING FEB 27

MCX MARCH SILVER

SUPPORTS ; 21660, 21440,21220

RES ; 21880, 22140, 22280

FOLLOW CALLS IN OUR BLOG

MARKET ALERT ON FEB 27 FRIDAY 1.20 PM IST

MCX March Silver could test Rs 21840 and then

Rs 21890 if it sustains above Rs 21610.

Buys are recommended upto Rs 21700.

UPDATE

mrket alert at 11 am

mcx march silver has support at 21523,

and maytest 21750, 21850 levels.

UPDATES

TECHNICALS FOR FEB 27

MCX MARCH SILVER

TREND ; BEARISH INTRADAY

SUPPORT S; 21370, 21210,21030

RESISTANE : 21630, 21880, 22140

HOLD SHORTS INTRADAY

MARKET ALERT ON FEB 26 THURSDAY 9.20 PM IST

As forecasted earlier MCX March silver achieved target

of 21880.

Book full profit.

Sell was initiated at Rs 22450 at 12.30 in the

afternoon for a target of Rs 21660.


Cheers to all who have done our call !!!!!!!!!!!!!!!!!!

market alert on fe 26 thursday 8.40 pm ist

MCX April Silver is expected to test Rs 21860 ,

if it sustains below Rs 22645,

Sell is advised around Rs 22350.

UPDATES

TECHNICALS FOR NYMEX TRADING FEB 26

MCX MARCH SILVER

TREND ; SIDEWAYS

SUPPORTS ; 22060, 21880, 21660

RESISTANCES ; 22360, 22580, 22720

WAIT FOR FRESH CALLS

UPDATE

MARKET ALERT AT 12.30 PM

MCX MARCH SILVER CMP 22450,SL 22290

TGT 22660.

UPDATE

Gold Silver weak for the day till trades

below days high... once days high is breached

we could see further upside in prices.

update

INR @ 50.43!!!!!!!!!!

UPDATE

Silver Mar. Sell Around 22520& on rise

up-to 22560, Target 22370, 22250,

SL 22630.

UPDATE

MARKET ALERT AT 10 AM

MARKET GOSSIP : PRICE OFSILVER MAY CORRECT

UPTO $ 12.80 !

UPDATES

TECHNICALS FOR FEB 26

MCX MARCH SILVER

TREND : SIDEWAYS

SUPPORTS : 22620, 22410, 22260

RES: 22880, 23030, 23230

WAIT FOR CALLS

UPDATE

TECHNICALS FOR NYMEX TRADING FEB 25

MCX MARCH SILVER

TREND SIDEWAYS/ BULLISH

SUPPORTS ; 22180, 22000, 21880

RESISTANCES ; 21360, 21540, 21760

WAIT FOR CALLS

update

MARKET ALERT AT 2 PM

SILVER HAS MINOR SUPPORT AT 22150-160

IN MARCH CONTRACT.BOOK PARTIAL PROFITS.

UPDATE

MARKET ALERT AT 1.45 PM

TRADERS HOLDING SHORTS IN SILVER BOOK PROFITS

AT 22200 OR TRAIL STOP LOSS TO COST, SELL

INITIATED AT 22320.

UPDATE

MARKET ALERT AT 1.30 PM

MCX MARCH SILVER CMP 22340, LIKELY TO

MOVE DOWN AND TEST 21950 LEVELS, RESISTANCE

AT 22550.

UPDATE

MARKET ALERT AT 12 NOON

MCX MARCH SILVER CMP 22300, IS LIKELY\

TO TEST 22020 LEVELS, SL AT 22450.

UPDATES

TECHNICALS FOR MARCH SILVER FEB 25

MCX MARCH SILVER

SHORT TERM : SIDEWAYS

LONG TERM : BULLISH

SUPPORTS ;22460, 22310, 22160

RES: 22840, 23030, 23180

WAIT FOR CONFIRMATION

MARKET ALERT ON FEB 24 TUESDAY 7.35 PM IST

MCX March Silver is expected to test Rs 23880

if it sustains above Rs 23290.

Buy recommended around Rs 23520 to 23500

TECHNICALS FOR EVENING NYMEX TRADE FOR FEB 24 2009

FEB 24 TUESDAY

TRADING LEVELS FOR EVENING NYMEX TRADE

SHORT TERM TREND : BULLISH

LONG TERM TREND : BULLISH

S1 RS 23310 , S2 RS 23180 , S3 RS 23030

R1 RS 23660 , R2 RS 23810 , R3 RS 23980

BUY ON DIPS

MARKET ALERT ON FEB 24 12.30 AM IST

MCX March Silver is expected to test Rs 23750 ,

if it sustains above Rs 23420.

CMP Rs 23530

UPDATE FOR FEB 24

A MOST LOOKED FORWARD EVENT TO NITE IN THE US

IS THE SPEECH BY PRESIDENT OBAMA AS TO HOW HE

PLANS TO TAKE STEPS TO REWAMP AND RESCUE THE ECONOMY.

THE MARKET WOULD TAKE NEXT DIRECTION AFTER THIS.

UPDATES ON FEB 24 2009

FEB 24 TUESDAY

SHORT TERM TREND : BULLISH

LONG TERM TREND : BULLISH

S1 RS 23360 , S2 RS 23240 , S3 RS 23060

R1 RS 23760 , R2 RS 23980 , R3 RS 24160

Silver tracked gold climbing from $ 13.96 in Asia to

$ 14.60 in Newyork.

It closed at $ 14.52.

Support and resistance are seen at $ 14.30 and $ 14.48

respectively.

MARKET ALERT ON FEB 23 MONDAY 11.00 PM IST

MCX March Silver is expected to test Rs 23750

if it sustains above Rs 23475.

Buy recommended in the range of Rs 23570

to Rs 23600.

UPDATE

MARKET ALERT AT 8 PM

SELL SILVER TARGET FULLY ACHIEVED.

UPDATE

MARKER ALERT AT 8 PM

CHEERS ! SILVER SELL CALL TOUCHED LOW AS OF

NOW 23010 !!!!!!!! WE RECOMMENDED SELL

AT 23170.

UPDATE

MARKET ALERT

MCX MARCH SILVER 23030, BOOK PROFITS OR TRAIL

STOP LOSS TO COST IN OUR SELL CALL AT 23170.

UPDATE

MARKET ALERT AT 7.30 PM FEB 23

MCX MARCH SILVER CMP 23150, IS LIKELY

TO MOVE DOWN AND TEST 22950 LEVELS, RESISTANCE

SEEN AT 23280.

UPDATE

UPDATE

MCX SILVER

WE HAVE BEEN WRITING THAT TRADERS CAN

BUY SIVER ON A POSITION CALL BASIS

FROM RS. 20500 LEVELS , PLEASE LOOK

AT MCX LEVELS YESTERDAY AND HIGH LAST NIGHT,

OUR TARGETS ACHIEVED IN 2 WEEKS TIME!!!!!

YOU CAN BUY ON CORRECTIONS FOR FURTHER TARGETS!!!

YOU CAN SUBSCRIBE TO OUR CALLS , THE WRITER

CAN BE MAILED AT akshayashiv@yahoo.com.

TECHNICALS FOR EVENING NYMEX TRADE FOR FEB 20 2009

FEB 20 FRIDAY

TREND : BULLISH

S1 RS 22960 , S2 RS 22810 , S3 RS 22660

R1 RS 23260 , R2 RS 23410 , R3 RS 23640

STAY LONG AT SUPPORT

UPDATES

MARKET ALERT AT 2.05 PM

MCX MARCH SILVER CMP 23050, IS LIKELY

TO TET 23300 LEVELS, SUPPORT NOW AT 22920.

UPDATE

market alert at 12 noon

BUY MCX MARCH SILVER AT 22930,

SL 22800 TARGET 23150.

UPDATES ON FEB 20 2009

FEB 20 FRIDAY

SHORT TERM TREND : SIDEWAYS

LONG TERM TREND : BULLISH

S1 RS 22410 , S2 RS 22270 , S3 RS 22130

R1 RS 22740 , R2 RS 22880 , R3 RS 23030

WAIT FOR CONFIRMATION.

THOUGHT FOR THE DAY

Har phool ki ajab kahani hai, chup rehna

bhi pyar ki nishani hai, kahin koi zakhm

nai phir bhi kyun dard ka ehsas hai, lagta

hai dil ka ek tukda aaj bhi uske paas hai.....

UPDATE

MARKET ALER AT 8.30 PM FEB 19

BUY MARCH SILVER 22750 TO 22775,

T/P 23010 , SL 22600.

UPDATES

TECHNICALS FOR NYMEX TRADING FEB 19

MCX MARCH SILVER

TREND L BULLISH

SUPPORTS ; 22880, 22730, 22600

RESISTANCES ; 23315, 23540, 23760

HOLD LONGS

UPDATE

MARKET ALERT AT 2.25 PM

MCX MARCH SILVER CMP RS. 23025, BOOK

PARTIAL PROFITS OR TRAIL STOPLOSS

TO OST, ( OUR SELL CALL AT 23120).

MARKET ALERT ON FEB 19 THURSDAY 1.45 AM IST

MCX March Silver is expected to test Rs 22920 ,

if it sustains below Rs 23270.

CMP Rs 23120.

UPDATES ON FEB 19 2009

FEB 19 THURSDAY

SHORT TERM TREND : BULLISH

LONG TERM TREND : BULLISH

S1 RS 22880 , S2 RS 22730 , S3 RS 22610

R1 RS 23315 , R2 RS 23540 , R3 RS 23760

STAY3LONG AT SUPPORT.

March silver gained 2% to $14.29 an ounce.

Silver tracked gold in asian trade ranging from

$ 13.57 to $ 13.88.

The metal climbed to $ 13.88 in London before drifting

sideways as LME copper fell 4.35 % for the dau.

Silver rose in Newyork rising to $ 14.22 before closing at

$ 14.04.

Primary support and resistance are at $ 13.93 and

$ 14.42.

THOUGHT

Tumhara hamara rishta to aankhon aur

palkon jaisa hai, Agar palak kuch der na

jhapke to aankh ro deti hai... Aur agar

aankh mein kuch chala jaye to palak tadap uthti hai...:)

UPDATE

TECHNICALS FOR NYMEX TRADING

FEB 18

MCX MARCH SILVER

SHORT AND LONG TERM TREND ; BULLISH

SUPPORTS ; 23160, 22980, 22760

RESISTANCES ; 23360, 23520,23780

HOLD LONGS

update

market alert at 3 pm feb 18

HIGH RISK CALL

BUY MCX MARCH SILVER ABOVE 23315,

SL 23050, TGT 23660.

UPDATE

MARKET ALERT AT 2.30 PM FEB 18

BUY MCX MARCH SILVER AT 23159 TO 23160,

SL BELOW 22975, T1 23520.

UPDATE

MARKET ALERT AT 11 AM

SILVER BULLS WILL GET STRONGER IF

SUSTAINS ABOVE 23500... UPSIDE SEEN

TILL 24000 & EVEN 25000-27000 IS

POSSIBLE...........

UPDATE

MARKET ALERT AT 10.30 AM FEB 18

BUY SILVER MCX MARCH AT 23140 TO 23150

TARGET 23300, SL 23028.

UPDATE

MARKET ALERTAT 10.30 AM FEB 18

REVISED TARGET MCX SILVER 23865;

STAYLONG WITH REVISED STOP LOSS

22440.

THOUGHT FOR THE DAY

"Happiness is not a brilliant climax to

years of grim struggle and anxiety. It is

a long succession of little decisions simply

to be happy in the moment.”

UPDATES ON FEB 18 2009

FEB 18 WEDNESDAY

SHORT TERM TREND : BULLISH

LONG TERM TREND : BULLISH

S1 RS 22610 , S2 RS 22480 , S3 RS 22260

R1 RS 22930 , R2 RS 23070, R3 RS 23210

STAY LONG AT SUPPORT.

March silver rose 2.8% $14.01 an ounce.

Silver tracked gold the whole day.

It went from 4 13.57 to $ 13.90.

Primary support and resitance are at $ 13.61

and $ 14.04.

update

MARKET ALERT AT 9.45 PM FEB 17

MCX MARCH SILVER ; TARGET EXTENDED UPTO

23070, ( EARLIER TARGEQ 22670) CMP 22655.

UPDATE

MARKET ALERT AT 8 PM FEB 17

MCX MARCH SILVER 22560 BOOK PROFITS

IN OUR BUY CALL AT RS. 22400 !!!!

CHEERS!!!!

UPDATE

MARKET ALERT AT 7.30 PM FEB 17

MCX MARCH SILVER 22400 IS LIKELY TO

MOVE UP AND TEST 22550 LEVELS, CURRENT

SUPPORT SEEN AT 22290.

UPDATE

MARKET ALERT AT 6 PM FEB 17

TARGET EXTENDED IN MCX MARCH SILVER

( LONG TERM POSITION CALL ) UPTO

22670 : CMP 22300, AMEND PROFIT STOP

TO BELOW 21510.

UPDATE

MARKET ALERT AT 2 .30 PM FEB 17

MCX MARCH SILVER CMP RS. 21150 , TRADERS MAY BOOK

\PROFIT OR TRAIL STOP LOSS TO COST ( BUY INITIATED

AT 21040).

update

MARKET ALERTAT 12.30 PM

MCX SIVER MARCH CMP RS. 22040,,TRADERS CAN GO

LONG FOR TARGET 22280,,SL 21920.

UPDATE

TECHNICALS FOR FEB 17


LEVELS GIVEN IN OUR LAST UPDATE

updates

MARKET ALERT AT 10.15 AMFEB 17

REVISED TARGETS FOR LONG TERM SILVER LONGS

22340 ( EARLIER TARGET 21980),CMP RS.21880;

MINI SILVER 22580( EARLIERTGT 22330)CMP 22100.

UPDATE

MARKET ALERT AT 2.15 PM FEB 16

MCX MARCH SILVER CMP RS, 21460 IS

LIKELY TO TEST RS. 21600, SUPPORT IS

AT RS. 21297.

UPDATES

MARKET ALERT AT 1.30 PM FEB 16

MCX MARCH SILVER : IT LOOKS STRONG ABOVE

RS. 21350, MAINTAIN STOPS AT RS. 21300,

AND TARGET RS. 21500.

update

MARKET ALERT

MARCH MCX SILVER HAS SUPPORT AT RS. 21177,

AND RESISTANCE AT RS.21492.

UPDATES

US MARKETS CLOSED ON FEB 16 MONDAY.

UPDATES

TECHNICALS FOR FEB 16

MCX MARCH SILVER

SHORT TERM : SIDEWAYS

LONG TERM : BEARISH

SUPPORTS : 21160, 20880,20660

RESISTANCES ;21460,21580,21760

WAIT FOR CONFIRMATION

UPDATE

TECHNICALS FOR NYMEX TRADING FEB 13

MCX MARCH SILVER

SHORT TERM ; SIDEWAYS

LONG TERM ; BULLISH

SUPPORTS ; 21030, 20880, 20660

RESISTANCES ; 21130, 21360, 21580

WAIT FOR CONFIRMATION

UPDATES

MARKET ALERT AT 4 PM FEB`13

MCX MARCH SILVER CMP RS.21040, RESISTANCE

NOW SEEN AT RS.21259, AND SUPPORT NOW AT 20692

AND 20436.

UPDATE

MARKET ALERT

MCX MARCH SILVER CMP RS. 20980, TARGET

ACHIEVED IN OUR SELL CALL AT RS. 21180.

BOOK PROFITS.

update

MARKET ALERT AT 2.25 PM

SIVER CMP RS. 21050, BOOK PARTIAL

PRIFIT OR TRAIL STOP LOSS TO COST

( SELL INITIATED AT RS. 21180 ).

UPDATE

MARKET AT 2 PM FEB 13

MCX MARCH SILVER IS WEAK BELOW

RS. 21180, AND LIKELY TO TEST RS. 21020, 21980

LEVELS, RESISTANCES IS NOW AT RS. 21295.

UPDATE

MARKET ALERT AT 1 PM FEB 13

BUY MCX MARCH SILVER AT 21250,

SL BELOW 21165, TGT 21350, 21440.

UPDATES ON FEB 13 2009

FEB 13 FRIDAY

SHORT TERM TREND : BULLISH

LONG TERM TREND : BULLISH

S1 RS 21180 , S2 RS 21030 , S3 RS 20920

R1 RS 21560 , R2 RS 21720 , R3 RS 21980

BUY ON DIPS.

Silver quoted at $ 13.48 an ounce down 0.1 % from the

previous close .

March ended down 1.0 cent at $ 13.510 as investors took a

breather after Wednesdays rally.

The commodity for ntrade under the MCX India last

traded at Rs 21314 levels.

MARKET ALERT ON FEB 11 9.00 PM IST

Revised stop loss for Silver below Rs 20920.

Longs were advised at Rs 19860 , 20340 and

Rs 20545 and Rs 20820

CMP Rs 21190

UPDATE

TECHNICALS FOR FEB 12 NYMEX TRADING

MCX MARCH SILVER

SHORT TERM ; BULLISH

LONG TEM ' BULLISH

SUPPORTS ; 21380, 21160, 20880

RESISTANCES ; 21560, 21720, 21980

BUY ON DIPS

UPDATE

MARKET ALERT AT 2.30 PM

BUY MCX MARCH SILVER AT RS. 21480 TO 21485

STOP LOSS 21445, TARGET 21565, 21670.

UPDATE

MARKET ALERT AT 2PM FEB 12

REVISED TARGET FOR LONG TERM MCX MARCH

APRIL UPTO RS. 21780.

UPDATE

MARKET ALERT AT12NOONFEB12

MCX MARCH SILVER TOUCHES HIGH 21520,

BOOK PART PROFITS, OR TRAILL STOPLOSS

TO COST.99 BUY CALL FROM 10 FEB ANDFRESH CALL

THIS MORNING.( CALL INITIATED AT RS.20500

LEVELS).

UPDATES

TECHNICALS FOR FEB 12

MCX MARCH SILVER

SHORT TERM : BULLISH

LONG TERM : BULLISH

SUPPORTS ;21030,20900,20710

RESISTANCES : 21360, 21520, 21780

BUY ON DIPS

UPDATE

MARKET ALERT AT 10.30 AMFEB12

MCX APRIL SILVER CMPRS.21579,

TRADERS HOLDING LONGS AS PER

OUR POSITIONAL CALL ON 10 FEB,CAN

HOLD FOR TARGET RS. 21980.

UPDATE

MARKET ALERT

MCX MARCH SILVER REVISE STOP LOSS

TO21170, TARGET RS. 21480. ( OUR BUY

CALL AT OPENING TODAY).

update

MARKET ALERT AT 10 AM

BUY MARCH SILVER MCX AT 20230, SL 21088

TARGET 21430.

AKSHAYA

UPDATE

MARKET ALERT

NEXT MAJOR RESISTANCE FOR US SILVER

IS 4 13.83 TO 14.06, MCX SILVER 21380

TO 21480.

MARKET ALERT ON FEB 11 8.30 PM IST

MCX March Silver is expected to test Rs 21340.

Earlier target was Rs 21130.

CMP Rs 21020.

UPDATES

TECHNICALS FOR NYMEX TRADING FEB 11

MCX MARCH SILVER

SHORT TERM ; BULLISH

LONG TERM ; BULLISH

SUPPORTS ; 20680, 20460, 20280

RESISTANCES ; 20880, 21000, 21180

BUY ON DECLINES

UPDATE

MARKET ALERT AT 3.45 PM

MCX MARCH SILVER ; BUY SILVER ABOVE RS. 20800

, STOP LOSS 20680, TARGETS RS. 20980 AND 21130.

UPDATE

MARKET ALERT AT 1.30 PM

MCX MARCH SILVER COULD TEST UPTO

RS. 20920 LEVELS.

MARKET ALERT ON FEB 11 WEDNESDAY

MCX MARCH SILVER CMP RS. 20700 , TRAIL STOP LOSS

TO COST, IN OUR BUY CALL THIS MORNING AT RS. 20540,

HOLD FOR FURTHER TARGET RS. 20880.

UPDATE

MARKET ALERTAT 10.30 AM FEB11

MCX MARCH SILVER CMP RS.20545, LIKELY TO

TESTRS. 20780, CURRENT SUPPORT IS AT RS.20465.

UPDATES

TECHNICALS FOR FEB 11

MCX MARCH SILVER

SHORTTERM: BULLISH

LONG TERM : BULLISH

SUPPORTS : 20460, 20280, 20130

RESISTANCES : 20660,20830, 20980

BUY ON DECLINES

MARKET ALERT ON FEB 10 TUESDAY 10.40 PM IST

POSITIONAL CALL

Buy MCX April Mini Silver up to Rs 20720 ,

stop loss Rs 20250

Target Rs 21660.

UPDATE

MARKET ALERT

SILVER MONTHLY CHART HAS FORMED A ROUND

BOTTOM CUP FORMATION, MEANING "BREAK OUT".

POSSIBLE TO MOVE UP MUCH MORE!!!!!!!!!

LOOK AT OUR SITE FOR PERIODIC UPDATES.

UPDATE

MARKET ALERT

IMMEDIATE SUPPORT FOR SILVER IS RS. 20480,

AND COULD TEST RS. 20820 LEVELS.

UPDATE

MARKET ALERT

MCX MARCH SILVER CAN TEST TILL RS.20800

LEVELS . HOLD LONGS.

UPDATE

MARKET ALERT

MCX MARCH SILVER CMP RS.20570, LOW RISK TRADERS

BOOK PROFITS OR TRAIL STOP LOSS TO COST, ( BUY

RECOMMENDED AT RS. 20400 FOR TARGET RS. 20630).

UPDATE

MARKET ALERT AT 6 PM FEB 10

MCX MARCH SILVER CMP RS. 20400,

IS LIKELY TO TEST RS. 20630, HAS SUPPORT

AT RS. 20250.

UPDATE

TECHNICALS FOR NYMEX TRADING FEB 10

MCX MARCH SILVER

SHORT TERM : SIDEWAYS

LONG TERM : BULLISH

SUPPORTS ; 20210, 20130, 19960

RESISTANCES ; 20480, 20610, 20760

WAIT FOR CONFIRMATION

UPDATE

MARKET ALERT AT 3.45 PM

SILVER HAS CUT THE RESISTANCE AT RS. 20310,

EXIT SHORTS TAKEN TODAY.

update

MARKET ALERT AT 3.15 PM

TRADERS HAVING SHORTS IN SILVER, PLEASE

HOLD WITH STOP LOSS, OR LOW RISK TRADERS

EXIT AT COST.

UPDATE

AMRKET ALERT AT 1. 45 PM FEB10

MCX MARCH SILVER CMP RS.20160, IS LIKELY

TO MOVE DOWN AND TEST RS. 19950 LEVELS, CURRENT

RESISTANCES IS AT RS. 20310.

UPDATE

Alert: Only if the Senate passes all of the

planned $827 billion package will the dollar

then weaken because of assumed rising-inflation.

But if they cut and chop and pass lesser, then

the dollar will bounce back, thus bringing down

all commodities that rose in anticipation.

UPDATE

MARKET ALERT AT 11.30 AM FEB10

MCX MARCH SILVER IS WEAK BELOW 20210, AND

COULD TEST 20070 AND 19930 LEVELS,CURRENT

RESISTANCE IS AT 20325.

UPDATE

MARKET UPDATE

MCX MARCH SILVER HAS STRONG SUPPORT

AT RS. 210150, AND A TLOWER LEVELS

VERY STRONG SUPPORT AT RS. 19822, WHICH WE

EXPECT TO TEST IN THE COMING SESSIONS.

UPDATES

TECHNICALS FOR FEB 10

MCX APRIL SILVER

SHORTTERM : SIDEWAYS

LONG TERM: BULLISH

SUPPORTS :20130, 19880,19760

RESISTANCES ;20360, 20580,20880

WAIT FOR CONFIRMATION

UPDATES

MARKET ALERT AT 7 PM FEB 9

SILVER SEEMS TO BE OSCILLATING AT PRE MARKET

OPENING IN NEW YORK, 20150 IS THE CRUCIAL SUPPORT

BELOW WHICH COULD TEST RS. 20000!!!!!!!!!

TRADERS HAVING SHORTS KEEP STOP AT RS. 20430, 20480.

UPDATES

MARKET ALERT AT 6.30 PM

MCX MARCH SILVER : VOLATILITY LIKELY

TO SET IN FOR NEW YORK MARKET OPENING,

OPERATE WITH STOPS AS LEVELS BELOW RS. 20280

AND 20150 ARE CRITICAL SUPPORTS.

MARKET ALERT ON FB 9 MONDAY 5.15 PM IST

Silver is expected to test Rs 20630 , if it sustains

above Rs 20290.

Fresh longs are recommended above Rs 20430.

CMP Rs 20360.

update

MARKET ALERT AT 2.25 PM

MCX SIVER MARCH 20340, TRADERS HAVIVG

SHORTS ARE ADVISED TO EXIT SHORTS AT CMP ,

THE RESISTANCES IS NOW AT RS. 20500,

AND SUPPORT RS. 20290.

MARKET ALERT FOR FEB 9 MONDAY 12.55 PM IST

MCX March silver is expected to test RS 20200

if it sustains below Rs 20425.


Sell is advised in the range of 20370 - 20380,

support is at rs. 20200, and resistances at

rs. 20425.

TECHNICAL UPDATE FOR FEB 9 2009

TECHNICAL UPDATE FO0R FEB 9 MONDAY

The chart pattern for silver is relatively strong

but with over bought indications.

Strong support is seen at $ 12.72 ( Rs 20076 approx)

with resistance at $ 13.27 ( Rs 20750 approx) .

Profit booking on long trades would be advised

on rallies .

Positional trades should be avoided.

UPDATES ON FEB 9 2009

FEB 9 MONDAY

SHORT TERM TREND : BULLISH

LONG TERM TREND : BULLISH

S1 RS 20410 , S2 RS 20240 , S3 RS 20000

R1 RS 20680 , R2 RS 20880 , R3 RS 20960

STAY LONG AT SUPPORT.

MARKET ALERT ON FEB 6 FRIDAY 7.00 PM IST

MCX March Silver could even test Rs 20640,

if it sustains above Rs 20130.

Traders can add fresh longs at Rs 20360 to

Rs 20340.

MARKET ALERT ON FEB 6 FRIDAY 12.55 PM IST

MCX March silver is expected to test Rs 20480 ,

if it sustains above Rs 20150.

CMP Rs 20290.

MARKEYT ALERT ON FEB 6 2009 FRIDAY 11.20 AM IST

As forecasted earlier MCX Feb silver achieved

target of Rs 20280.

Traders can book profit.

UPDATES

MARKET ALERTAT 10 AM FEB 6

MCX MARCH SILVER CMP RS. 20170,

IS EXPECTED TO TEST RS 20280 LEVELS,

CURRENT SUPPORT IS NOW AT RS,.20040.

EARLIER LONGS AT RS. 19820 YESTERDAY

STILL CONTINUES WITH SL BELOW 20050.

MARKET ALERT ON FEB 6 FRIDAY 10.20 AM IST

MCX March Silver is expected to test Rs 20280 ,

if it sustains above Rs 200050.

Longs could be added around Rs 20180 to 20170

levels.

UPDATES

TECHNICALS FOR FEB 6

MCX MARCH SILVER

SHORT TERM : BULLISH

LONG TERM: BULLISH

SUPPORTS: 20060, 19880,19660

RESISTANCES ; 20180, 20280, 20460

WAIT FOR CONFIRMATION

UPDATE

MARKET ALERT AT 5.30 PM

MCX MARCH SILVER ; CMP RS. 20230,, HOLD

LONGS REVISE STOP LOSS TO RS. 20050

AND HOLD FOR TARGET RS. 20360, 20400.

UPDATES

MARKET ALERT AT 5 PM FEB 5

MCX MARCH SILVER : BUY TARGET ACHIEVED

AT RS. 20210, TRADERS CAN HOLD ON FOR

NEXT TARGET RS. 20360, PROTECT PROFITS

WITH STOPLOSSES. ( BUY INITIATED AT RS. 19820 ).

UPDATE

MARKET ALERT AT 4.45 PM FEB 5

MCX MARCH SILVER HAS HIT A HIGH

RS. 20195 , OUR EXTENDED TARGET

RS. 20210, OUR BUY CALL AT RS. 19820.

UPDATES

TECHNICALS FOR FEB 5

MCX MARCH SILVER

SHORT TERM ; BULLISH

LONG TERM : BULLISH

SUPPORTS ; 19960, 19840, 19660

RESISTANCES ; 20160, 20280, 20360

STAY LONG AT SUPPORTS

updates

arket alert at 4.10 pm feb 5

mcx march silver hits high rs. 20133, as of

now.! WE HAD RECOMMENDED BUY AT RS. 19820.

CHEERS.

update

MARKET ALERT AT 3.50 PM

MCX MARCH SILVER HITS HIGH RS. 20090,

OUR FIRST TARGET RS. 20100, IF YOU

WISH TO HOLD LONG HOLD FOR RS. 20210,

BUT TRAIL STOP LOSS TO COST. LOW RISK

TRADERS BOOK FULL PROFITS AND WAIT

FOR NEXT CALL.

UPDATES

MARKET ALERT AT 3.45 PM FEB 5

MCX MARCH SILVER CMP RS. 20040,

BOOK PROFITS IN OUR BUY CALL AT

RS. 19820.

UPDATE

MARKET ALERT

SILVER COULD TEST RS. 20100, LEVELS, STOPS

AT RS. 19750.

UPDATE

MARKET ALERT AT 2 15 PM FE 5

MCX MARCH SILVER CMP RS. 19820, IS LIKELY

TO MOVE UP AND TEST RS. 20030 LEVELS,

CURRENT SUPPORT IS AT RS. 19710.

UPDATES

TECHNICALS FOR FEB 5

MCX MARCH SILVER

SHORT TERM ; SIDEWAYS

LONG TERM : BULLISH

SUPPORTS ; 19660, 19480, 19260

RESISTANCES ; 19760, 19960, 20080

WAIT FOR CONFIRMATION

UPDATES

TECHNICALS FOR MARCH SILVER FEB4

MCX MARCH SILVER

SHORT TERM ; SIDEWAYS

: SUPPORTS 19560, 19320, 19180



RESISTANCES ; 1960, 19810, 19980

STAY SHORT AT RESISTANCES

UPDATES

MARKET ALERT AT 3.45 PM FEB 4

MCX SILVER ; LOW RISK TRADERS EXIT SHORTS

AT RS. 19650.

UPDATE

MARKET ALERT AT 3 PM FEB 4

BULLION BOUNCED ON DOLLAR WEAKNESS.

IMPORTANT DATA IS EXPECTED AT 4 PM AND

MARKET EXPECTS IT TO BE NEGATIVE FOR

BULLIONS. THOE HOLDING SHORTS OPERATE WITH

STOP LOSS AS MENTIONED IN OUR EARLIER MESSAGE.

update

MARKET ALERT AT 11AM FEB 4

MCX MARCH SILVER CMP RS. 19580,

APPEARS WEAK AND COULD TEST RS.19450

LEVELS ANDIF SUSTAINS BELOW ,CLD TEST

RS. 19390, CURRENT RESISTANCE AT RS. 19720.

UPDATES

TECHNICALS FOR FEB 4

MCX MARCH SILVER

SHORT TERM : SIDEWAYS

LONG TERM : BULLISH

SUPPORTS ;19460, 19320, 19180

RESISTANCES : 19690, 19810, 19980

STAY SHORT AT RESISTANCES.

Silver tracked gold but with less volatility.

After slipping to $ 12.23 in London , it

climbed to $ 12.55 during the New york session

before sliding to $ 12.45.

UPDATE

MARKET ALERT AT 4.45 PM FEB 3

MCX MARCH SILVER : STRONG AND BULLISH

ABOVE 19690, SUPPORTS ARE BELOW 19540,


AND LIKELY TO TEST RS. 19830.

UPDATES

TECHNICALS FOR NYMEX TRADING FEB 3

MCX MARCH SILVER

TREND : SHORT RUN : CONSOLIDATION

MEDIUM RUN : UPTREND

SUPPORTS ; 18570, 19370, 192003


RESISTANCES ; 19740, 19170, 20170

REMAIN SHORT AT RESISTANCES

UPDATES

TECHNICALS FOR FEB 3

MCX MARCH SILVER

SHORT TERM :SIDEWAYS

LONG TERM: BULLISH

SUPPORTS :19630, 19480,19270

RESISTANCES : 19870, 20050,20250

STAY SHORT AT RESISTANCES

UPDATE

MARKET ALERT AT 8.20 PM

MCX MARCH SILVER CMP RS. 19800, NOW

HAS SUPPORT AT RS. 19660 AND FIRST

RESISTANCE AT RS. 19880.

MARKET ALERT ON FEB 2 MONDAY 7.50 PM IST

MCX March Silver is expected to test Rs 19450,

if it sustains below Rs 19720.

Sell is recommended around Rs 19610 to 19630 levels.

UPDATE

MARKET ALERT

MCX MARCH SILVER : EXITS SHORTS AND

WAIT FOR FRESH CALL.

UPDATES

TECHNICALS FOR NYMEX TRADING FEB 2

MCX APRIL SILVER

SHORT TERM ; SIDEWAYS

LONG TERM ; BULLISH

SUPPORTS ; 19660, 19480, 19280

RESISTANCES ; 19880, 20060, 20260

WAIT FOR CONFIRMATION

MARKET ALERT ON FEB 2 MONDAY 1.20 PM IST

Some upward movement seen in silver.

MCX March Silver could test upto 19900

levels and current support seen at Rs 19630.

Those holding sell position trade with caution.

MARKET ALERT ON FEB 1 MONDAY 12.05 PM IST

As forecasted earlier MCX March silver has achieved

target of Rs 19660 ,

Hold with cost as trailing stop loss for further

target of Rs 19560.

Sell was advised at Rs 19710.

MARKET ALERT ON FEB 1 MONDAY 11.55 AM IST

MCX March Silver is expected to test Rs 19660

and Rs 19560 , if it sustains below Rs19916.

CMP Rs 19710.

UPDATES

TECHNICALS FOR FEB 2

MCS MARCH SILVER

SHORT TERM : SIDEWAYS

LONG TERM: BULLISH

SUPPORTS ; 19710, 194460, 19360

RESISTANCES : 20010, 20160,20260

WAIT FOR CONFIRMATION