ATTENTION MR CHEENU Short position means : You sell at a particular prices assuming that it will come down. And then buying the same at a lower price. Long position : Is the reverse. You buy at a particular price thinking prices will go up and covering at a higher price. Hope you are now clear. AKSHAYA.
You could may be run you position keeping Rs 20380 as stop loss as it is a good support for Silver. The immediete resistance for the same can be seen at Rs 20480. AKSHAYA.
8 comments:
Better to Exit Short Position in
Gold & Silver
Y/N??
ATTENTION MR ANURAG
It is better to exit short positions in gold and silver.
AKSHAYA.
im new to trade what is short and long position
Can we see some correction today in Silver?so that i wait & cover my short,as i have short at 18600 which will not come in near future,pls revert
ATTENTION MR JUNAID
Silver has support at Rs 20380 and resistance is at Rs 20480.
There is a sell call in gold now.
So may be you can wait and see what appens.
AKSHAYA.
ATTENTION MR CHEENU
Short position means : You sell at a particular prices assuming that it will come down. And then buying the same at a lower price.
Long position : Is the reverse.
You buy at a particular price thinking prices will go up and covering at a higher price.
Hope you are now clear.
AKSHAYA.
Thanks Akshaya im buy 20406 when i come out
ATTENTION MR CHEENU
You could may be run you position keeping Rs 20380 as stop loss as it is a good support for Silver.
The immediete resistance for the same can be seen at Rs 20480.
AKSHAYA.
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