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Friday, February 13, 2009

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

10 comments:

Anurag said...

Should I Exit My Short Position

Or Wait For Further Correction

akshaya said...

anurag
better hold shortwith stops.
akshaya

Anurag said...

what would be stop loss & Target

akshaya said...

anurag,

stop loss 21259.if low gets cut target 20700.
akshaya

Anonymous said...

Hi Akashaya, any tips for fresh positions,i notice some weekness in silver&gold today,

akshaya said...

ATTENTION MR JUNAID
Silver has interim support at Rs 20920 and if it breaks that ity could test Rs 20800.
No fresh calls.
Will update you as and when we receive confirmation.
It must be tough for you now to watch silver correcting a little.
AKSHAYA

Anonymous said...

Yes rightly said,but better luck next time,its in business,next time i will not take any position unless i get confirmation from you.

Anonymous said...

Akshaya,how come threre are no tips on nifty at your share blog?the major chunk lies in nifty than in commodity.

akshaya said...

junaid,

nifty / share calls will follow from next week.
akshaya

akshaya said...

JUNAID,

BUY LIC HOUSING AT CMP RS. 231FOR MEDIUM TERM.
AKSHAYA