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Monday, February 9, 2009

UPDATES

MARKET ALERT AT 7 PM FEB 9

SILVER SEEMS TO BE OSCILLATING AT PRE MARKET

OPENING IN NEW YORK, 20150 IS THE CRUCIAL SUPPORT

BELOW WHICH COULD TEST RS. 20000!!!!!!!!!

TRADERS HAVING SHORTS KEEP STOP AT RS. 20430, 20480.

8 comments:

Anonymous said...

R u sure that it will touch 20k mark?then any more downward movement expected or bounce back?

akshaya said...

JUNAID,

TOUGH CALL TO MAKE AT THIS TIME, BUT SO LONG AS IT HOLDS BELOW RS. 20430 IT SEEMS TO BE IN AN INTERMEDIATE DOWNTREND.
AKSHAYA

Sri Selvanayagi Amman Traders said...

whats mean OSCILLATING

akshaya said...

ATTENTION MR SELVA VINAYAGI TRADERS
Oscillating means going up and downand trading in a narrow rsnge.
AKSHAYA.

Anonymous said...

Can i judge the movements while watching Total number of bidders aginst sellers?& if i find bulk selling lots which mean downward movements?

akshaya said...

ATTENTION MR JUNAID
It gives a general idea.
But it can also be misleading as dummy lots will be placed at different levels.
AKSHAYA.

Anonymous said...

Akshaya, You are really great, even i also notice that when total volume itself is not high but sometimes there are dummy lots as you said,& the trend changes so fast that we will not have time to react,

Anonymous said...

Akshaya, is it right time to take fresh long with april series? CMP 20450.so that i can hedge with my short for Feb series.