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Thursday, February 12, 2009

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

12 comments:

cheenu said...

im buy at 21470 which amount im come out

raj said...

sir
ihave done buy @ silver 21520
What can i do

cheenu said...

Mr raj
now u buy cmp 21175

akshaya said...

mr. raj,

pls operate with stop loss.
akshaya

Anonymous said...

hi Akshaya, I have coverd my short bearing heavy loss,any thing cover the loss in Equity,F&O,commodity?pls update me. Can i go long right now with March silver&short with April

akshaya said...

junaid,

will advise at right time.
akshaya

sunny said...

sir
i have short position at 18600....
wat should i do now ......

Anonymous said...

Hi sunny,you are back,just cover it,as i also had 5lots at the same level what you have, just exit book loss,go for fresh positions as per akshaya,s tips,it really works

sunny said...

hmmmmm junaid bhai
im thinking same tooo
u have 4 loats
n i went for marriage with the hope tat things will improve bt it got worst .... :-(
can we buy frm current position wat do u think .....junaid bhai

Anonymous said...

Sunny,one thing is for sure there will be some profit booking & correction happening in silver,but when?what level?nobody knows,its just gambling,if ur lucky u make it otherwise you loose it,pls take some tips from akashaya so that you make money,i usually trade in Nifty,for my bad luck i tried my hands with commodity where i burnt it.

raj said...

dear
sir
what is the position to take in silver right now pls guide me soon

Anonymous said...

Hi Sunny,as you know the economy is deteriorating day by day,US is giving bailout like anything FED has cut intrest rate to zero,to get the money they need to reserve Gold,i feel its only becoz that its moving like fire,i got to know that the peak of silver is 27k mark.next time its always better to play with stop loss,so that you exit with minimum loss.