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Tuesday, February 3, 2009

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.

7 comments:

sunny said...

hiii
silver moving down now
so it may go below 19000 today?

akshaya said...

ATTENTION MR SUNNY
Silver looks like it will take some down ward correction today.
Silver has support at Rs 19480 and then Rs 19380.
If it breaks these levels it could test Rs 19000 in the coming days.
AKSHAYA.

Anonymous said...

Any NYMEX cues for the day, holding short has become Tedious job to follow as silver has become srtict range bound.

Anonymous said...

I fear that silver is making its strong base around 19600-19700,then any chances of immediate downturn is bleak?

akshaya said...

ATTENTION MR JUNAID
Silver is unable to break immediete support of Rs 19520 and Rs 19480.Looks like it is consolidating at current levels. As and when any movement either way will let you know at once.
AKSHAYA.

Anonymous said...

I feel silver is doing some down ward correction today,its better to exit short or hold?

akshaya said...

JUNAID,

HOLD SHORT TILLFURTHER ADVICE .
AKSHAYA