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Friday, February 6, 2009

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.

7 comments:

Anonymous said...

What could be the peak level of silver? will any profit booking comes at these levels?can i roll over my short to next series?

akshaya said...

ATTENTION MR JUNAID
The next resistance for silver is seen at Rs 20690.
You could may be book partial loss if it breaks those levels.
There will have to be some profit booking and technical correction at higher levels.
Will infm you if there is any negative news.
AKSHAYA

Anonymous said...

Thanks a lot Akshaya, i would have gone as per your tips,i would have made good profit than loss,my margin is hitting badly,having 5 lot short at 18600level. Ok let me cover the loss in equity,F&O with ur tips.

akshaya said...

ATTENTION MR JUNAID
We will help you with our calls to the best of our ability.
We are starting from next week a blog on agri commodities also for which also regular updates will be given.

AKSHAYA.

Anonymous said...

Can i take long in Gold at 14150?

akshaya said...

ATTENTION MR JUNAID
Do not take long position in gold at current levels.
MCX April gold is expected to test Rs 14100 , if it sustains below Rs 14235.
As and hen there is a buy call will let you know.
AKSHAYA.

mohammed said...

please add my yahoo id into your list as
yaahhoo50@yahoo.com .
which will be helpfull for me.

thanks.