may silver cmp 21650, traders holding sells as
per our sell at 22000 book full profits.
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Tuesday, March 31, 2009
UPDATES
TECHNICALS FOR MARCH 31
MCX MAY SILVER
SUPP: 21860, 21630, 21480
RES ; 22220, 22390, 22520
PREFER SHRTS AT RESISTANCES
MCX MAY SILVER
SUPP: 21860, 21630, 21480
RES ; 22220, 22390, 22520
PREFER SHRTS AT RESISTANCES
Monday, March 30, 2009
UPDATES
TECHNICALS FOR MARCH 30
MCX MAY SILVER
TREND : SIDEWAYS
SUPP:22080, 21980, 21860
RES ; 22260, 22370, 22450
WAIT FOR CALLS
MCX MAY SILVER
TREND : SIDEWAYS
SUPP:22080, 21980, 21860
RES ; 22260, 22370, 22450
WAIT FOR CALLS
Friday, March 27, 2009
UPDATES
TECHNICALS FOR MARCH 27
MCX MAY SILVER
TREND ; UP
SUPP : 22380, 22160, 22000
RES ; 22630, 22870, 23000
WAIT FOR CALLS
MCX MAY SILVER
TREND ; UP
SUPP : 22380, 22160, 22000
RES ; 22630, 22870, 23000
WAIT FOR CALLS
Thursday, March 26, 2009
UPDATES
TECHNICALS FOR NYMEX TRADING MARCH 26
MCX MAY SILVER
SUPP; 22280, 22050,21890
RES ; 22490, 22640, 22790
WAIT FOR CALLS
MCX MAY SILVER
SUPP; 22280, 22050,21890
RES ; 22490, 22640, 22790
WAIT FOR CALLS
UPDATES
TECHNICALS FOR MARCH 26
MCX MAY SILVER
TREND ; SIDEWAYS
SUPP: 2170, 22010, 21860
RES : 22470, 22610, 22800
WAIT FOR CALLS
MCX MAY SILVER
TREND ; SIDEWAYS
SUPP: 2170, 22010, 21860
RES : 22470, 22610, 22800
WAIT FOR CALLS
Wednesday, March 25, 2009
UPDATES
TECHNICALS FOR NYMEX TRADING MARCH 25
MCX MAY SILVER
TREND ; SIDEWAYS TO DOWN
SUPP: 22010, 21890, 21690
RES: 22250, 22470, 22670
WAIT FOR CALLS
MCX MAY SILVER
TREND ; SIDEWAYS TO DOWN
SUPP: 22010, 21890, 21690
RES: 22250, 22470, 22670
WAIT FOR CALLS
UPDATE
MARKET ALERT AT 4 PM MARCH 25
MAY SILVER CMP 22120, BOOK PROFITS
OR TRAIL STOPLOSS TO COST , IN OUR SELL
RECOMMENDED AT 22220.
MAY SILVER CMP 22120, BOOK PROFITS
OR TRAIL STOPLOSS TO COST , IN OUR SELL
RECOMMENDED AT 22220.
UPDATES
TECHNICALS FOR MARCH 25
MCX MAY SILVER
TREND ; BEARISH SHORT TERM
SUPP: 221550, 22010, 21880
RES ; 22400, 22570, 22750
WAIT FOR CALLS
MCX MAY SILVER
TREND ; BEARISH SHORT TERM
SUPP: 221550, 22010, 21880
RES ; 22400, 22570, 22750
WAIT FOR CALLS
Tuesday, March 24, 2009
UPDATE
MARKET ALERT AT 1 15 PM MARCH 24
MCX MAY SILVER CMP 22510, IS LIKELY
TO GO DOWN AND TEST 22240 LEVELS, RESISTANCE NOW
SEEN AT 22240
MCX MAY SILVER CMP 22510, IS LIKELY
TO GO DOWN AND TEST 22240 LEVELS, RESISTANCE NOW
SEEN AT 22240
UPDATES ON MARCH 24 2009
MARCH 24 TUESDAY
TREND : UP
S1 RS 22710, S2 RS 22540 , S3 RS 22410
R1 RS 22960 , R2 RS 23110 , R3 RS 23330
STAY LONG AT SUPPORT.
TREND : UP
S1 RS 22710, S2 RS 22540 , S3 RS 22410
R1 RS 22960 , R2 RS 23110 , R3 RS 23330
STAY LONG AT SUPPORT.
Monday, March 23, 2009
UPDATES
TECHNICALS FOR NYMEX TRADING MARCH 23
MCX MAY SILVER
TREND ; UP
SUPPORTS ; 22670, 22440, 22190
RES ; 22880, 23010, 23260
WAIT FOR FRESH CALLS
MCX MAY SILVER
TREND ; UP
SUPPORTS ; 22670, 22440, 22190
RES ; 22880, 23010, 23260
WAIT FOR FRESH CALLS
UPDATES
TECHNICALS FOR MARCH 23
MCX MAY SILVER
TREND ; UP
SUPP ; 22670, 22420, 22190
RES ; 2287, 23010, 23270
HOLD LONGS AT SUPPORTS
MCX MAY SILVER
TREND ; UP
SUPP ; 22670, 22420, 22190
RES ; 2287, 23010, 23270
HOLD LONGS AT SUPPORTS
Saturday, March 21, 2009
Friday, March 20, 2009
UPDATES
TECHNICALS FOR MARCH 20 NYMEX TRADING
MCX MAY SILVER
TREND l UP
SUPP; 22380, 22130, 21850
RES ; 22570, 22720, 22900
HOLD LONGS
MCX MAY SILVER
TREND l UP
SUPP; 22380, 22130, 21850
RES ; 22570, 22720, 22900
HOLD LONGS
UPDATE
MARKET ALERT AT 11.30 AM MARCH 20
MCX MAY SILVER ABOVE 22370 IS BULLISH
AND LIKELY TO TEST 22620 LEVELS,
SUPPORT IS NOW AT 22245.
MCX MAY SILVER ABOVE 22370 IS BULLISH
AND LIKELY TO TEST 22620 LEVELS,
SUPPORT IS NOW AT 22245.
UPDATES ON MARCH 20 2009
MARCH 20 FRIDAY
TREND : UP
S1 RS 22060 , S2 RS 21880 , S3 RS 21730
R1 RS 22425 , R2 RS 22560 , R3 RS 22560
STAY LONG AT SUPPORT.
Silver prices marked an even bigger rally. Silver for
May delivery jumped 13.3% to end at $13.52 an ounce.
The Fed said it would buy longer-term Treasury bonds to
help arrest a deepening slide in the U.S. economy, a
surprise move that also sent stocks soaring and
triggered violent moves in other markets.
TREND : UP
S1 RS 22060 , S2 RS 21880 , S3 RS 21730
R1 RS 22425 , R2 RS 22560 , R3 RS 22560
STAY LONG AT SUPPORT.
Silver prices marked an even bigger rally. Silver for
May delivery jumped 13.3% to end at $13.52 an ounce.
The Fed said it would buy longer-term Treasury bonds to
help arrest a deepening slide in the U.S. economy, a
surprise move that also sent stocks soaring and
triggered violent moves in other markets.
Thursday, March 19, 2009
UPDATES
MARKET ALERT AT 5.45 PM
TRADERS HOLDING LONGS IN SILVER
CAN HOLD FOR FURTHER TARGET 22000,
REVISE STOPLOSS TO COST.
TRADERS HOLDING LONGS IN SILVER
CAN HOLD FOR FURTHER TARGET 22000,
REVISE STOPLOSS TO COST.
UPDATE
MARKET ALERT AT 5.40 PM MARCH 19
MCX MAY SILVER CMP 21850, FULL TARGET
ACHIEVED IN OUR BUY CALL ABOVE 21485.
CHEERS.
MCX MAY SILVER CMP 21850, FULL TARGET
ACHIEVED IN OUR BUY CALL ABOVE 21485.
CHEERS.
UPDATE
MARKET ALERT AT 5.30 PM MARCH 19
MCX MAY SILVER 21700 TGT 1 ACHIEVED
IN OUR RECOMMENDED BUY IN AFTER NOON ABOVE
21485. CHEERS !!!!!!!!!!!!
MCX MAY SILVER 21700 TGT 1 ACHIEVED
IN OUR RECOMMENDED BUY IN AFTER NOON ABOVE
21485. CHEERS !!!!!!!!!!!!
UPDATES
TECHNICALS FOR MARCH 19
MCX MAY SILVER
TREND ; BULLISH
SUPMORTS ; 21070, 20890, 20690
RES ; 21050, 21350, 21570
HOLD LONGS
MCX MAY SILVER
TREND ; BULLISH
SUPMORTS ; 21070, 20890, 20690
RES ; 21050, 21350, 21570
HOLD LONGS
Wednesday, March 18, 2009
UPDATES
TECHNICALS FOR NYMEX TRADING MARCH 18
MCX MAY SILVER
TREND ; SIDEWAYS - DOWN
SUPP: 21240, 21000, 20870
RES ; 21570, 21800, 21890
HOLD SHORTS AT RESISTANCES
MCX MAY SILVER
TREND ; SIDEWAYS - DOWN
SUPP: 21240, 21000, 20870
RES ; 21570, 21800, 21890
HOLD SHORTS AT RESISTANCES
UPDATES ON MARCH 18 2009
MARCH 18 WEDNESDAY
TREND : DOWN
S1 RS 21480 , S2 RS 21320 , S3 RS 21180
R1 RS 21780 , R2 RS 21910 , R3 RS 22060
STAY SHORT AT RESISTANCE.
TREND : DOWN
S1 RS 21480 , S2 RS 21320 , S3 RS 21180
R1 RS 21780 , R2 RS 21910 , R3 RS 22060
STAY SHORT AT RESISTANCE.
Tuesday, March 17, 2009
UPDATES
TECHNICALS FOR NYMEX TRADE MARCH 17
MCX MAY SILVER
TREND ; SIDEWAYS
SUPPORTS ; 21750, 21600, 21380
RES ; 22070, 22240, 22390
WAIT FOR CALLS
MCX MAY SILVER
TREND ; SIDEWAYS
SUPPORTS ; 21750, 21600, 21380
RES ; 22070, 22240, 22390
WAIT FOR CALLS
UPDATES
TECHNICALS FOR MARCH 17
MCX MAY SILVER
TREND ; SIDEWAYS TO DOWN
SUPPORTS ; 21720, 21570, 21450
RES ; 22040, 22170, 22290
WAIT FOR CONFIRMATION
MCX MAY SILVER
TREND ; SIDEWAYS TO DOWN
SUPPORTS ; 21720, 21570, 21450
RES ; 22040, 22170, 22290
WAIT FOR CONFIRMATION
Monday, March 16, 2009
UPDATES
TECHNICALS FOR NYMEX TRADING MARCH 16
MCX MAY SILVER
TREND ; SIDEWAYS
SUPPORTS ; 21920, 21760, 21490
RES ; 22170, 22380, 22670
WAIT FOR CALL
MCX MAY SILVER
TREND ; SIDEWAYS
SUPPORTS ; 21920, 21760, 21490
RES ; 22170, 22380, 22670
WAIT FOR CALL
UPDATES
TECHNICALS FOR MARCH 16
MCX MAY SILVER
TREND ; SIDEWAYS TO UP
SUPPORTS ; 22130, 21930, 21750
RES ; 22370, 22590, 22770
WAIT FOR CALLS
MCX MAY SILVER
TREND ; SIDEWAYS TO UP
SUPPORTS ; 22130, 21930, 21750
RES ; 22370, 22590, 22770
WAIT FOR CALLS
Friday, March 13, 2009
TECHNICALS FOR EVENING NYMEX TRADE FOR MARCH 13 2009
MARCH 19 FRIDAY
TREND : UP
S1 RS 21910 , S2 RS 21740 , S3 RS 21560
R1 RS 22270 , R2 RS 22410 , R3 RS 22580
WAIT FOR CONFIRMATION.
TREND : UP
S1 RS 21910 , S2 RS 21740 , S3 RS 21560
R1 RS 22270 , R2 RS 22410 , R3 RS 22580
WAIT FOR CONFIRMATION.
MARKET ALERT ON MAR 13 FRIDAY 12.15 PM IST
MCX April silver expected to test Rs 22280 if it sustains
above Rs 22040.
Buy recommended around Rs 22150 levels.
MCX April silver expected to test Rs 22280 if it sustains
above Rs 22040.
Buy recommended around Rs 22150 levels.
Labels:
M
UPDATES ON MARCH 13 2009
MARCH 13 FRIDAY
TREND : UP
S1 RS 21910 , S2 RS 21740 , S3 RS 21560
R1 RS 22270 , R2 RS 22410 , 22580
WAIT FOR CONFIRMATION.
TREND : UP
S1 RS 21910 , S2 RS 21740 , S3 RS 21560
R1 RS 22270 , R2 RS 22410 , 22580
WAIT FOR CONFIRMATION.
Thursday, March 12, 2009
UPDATES
TECHNICALS FOR NYMEX TRADING MARCH 12
MCX MAY SILVER
TREND : SIDEWAYS
SUPPORT ; 21980, 21760, 21483
RES: 22090, 22230,22460
WAIT FOR CALLS
MCX MAY SILVER
TREND : SIDEWAYS
SUPPORT ; 21980, 21760, 21483
RES: 22090, 22230,22460
WAIT FOR CALLS
UPDATES
TECHNICALS FOR MARCH 12
MCX MAY SILVER
TREND ; SIDEWAYS
SUPPORTS ; 21770, 21610, 21480
RES ; 22070, 22230, 22385
WAIT FOR CALLS
MCX MAY SILVER
TREND ; SIDEWAYS
SUPPORTS ; 21770, 21610, 21480
RES ; 22070, 22230, 22385
WAIT FOR CALLS
Wednesday, March 11, 2009
UPDATE
MARKET ALERT AT 5.30 PM MARCH 11
MCX MAY SILVER CMP 21730 LIKELY
TO TEST 21480 LEVELS, RESISTANCE
SEEN ABOVE 21885.
MCX MAY SILVER CMP 21730 LIKELY
TO TEST 21480 LEVELS, RESISTANCE
SEEN ABOVE 21885.
Tuesday, March 10, 2009
UPDATES
TECHNICALS FOR NYMEX TRADING MARCH 10
MCX MAY SILVER
TREND ; DOWN
SUPPORTS ; 21770, 21610, 21460
RES ; 22030, 22210, 22380
HOLD SHORTS
MCX MAY SILVER
TREND ; DOWN
SUPPORTS ; 21770, 21610, 21460
RES ; 22030, 22210, 22380
HOLD SHORTS
UPDATES ON MAR 10 2009
MAR 10 WEDNESDAY
TREND : DOWN
S1 RS 21960 , S2 RS 21800 , S3 RS 21620
R1 RS 22285 , R2 RS 22470 , R3 RS 22600
STAY SHORT AT RESISTANCE.
TREND : DOWN
S1 RS 21960 , S2 RS 21800 , S3 RS 21620
R1 RS 22285 , R2 RS 22470 , R3 RS 22600
STAY SHORT AT RESISTANCE.
Monday, March 9, 2009
UPDATES
TECHNICALS FOR MARCH 9
MCX MAY SILVER
TREND ; UP
SUPPORTS ; 22480, 22260, 22000
RES ; 22860, 23000, 23230
HOLD LONGS AT SUPPORTS
MCX MAY SILVER
TREND ; UP
SUPPORTS ; 22480, 22260, 22000
RES ; 22860, 23000, 23230
HOLD LONGS AT SUPPORTS
Friday, March 6, 2009
update
MARKET ALRET AT 3 pm March 6th
MCX MAY Silver CMP 22710 has support at 22570
and likely 2 test resistances at 22890 and 23000
MCX MAY Silver CMP 22710 has support at 22570
and likely 2 test resistances at 22890 and 23000
UPDATES
TECHNICALS FOR MARCH 6
MCX MAY SILVER
TREND ; UP
SUPPORTS ; 22310, 22160, 22030
RESISTANCS ; 22610, 22780, 22960
HOLD LONGS
MCX MAY SILVER
TREND ; UP
SUPPORTS ; 22310, 22160, 22030
RESISTANCS ; 22610, 22780, 22960
HOLD LONGS
Thursday, March 5, 2009
UPDATES
TECHNICALS FOR NYMEX TRADING
MARCH 5
MCX MAY SILVER
TREND ;L SIDEWAYS
SUPPORTS ; 22060, 21880, 21660
RESISTANCES ; 22280, 22480, 22660
WAIT FOR CONFIRMATIONS
MARCH 5
MCX MAY SILVER
TREND ;L SIDEWAYS
SUPPORTS ; 22060, 21880, 21660
RESISTANCES ; 22280, 22480, 22660
WAIT FOR CONFIRMATIONS
UPDATES
TECHNICALS FOR MARCH 5
MCX MAY SILVER
TREND : SIDEWAYS
SUPPORTS ; 21660, 21480, 21220
RESISTANCES ; 22030, 22265, 22410
HOLD SHORTS TILL ADVISE
MCX MAY SILVER
TREND : SIDEWAYS
SUPPORTS ; 21660, 21480, 21220
RESISTANCES ; 22030, 22265, 22410
HOLD SHORTS TILL ADVISE
Wednesday, March 4, 2009
UPDATES
TECHNICALS FOR NYMEX TRADING MARCH 4
MCX MAY SILVER
SUPPORTS ; 21880, 21660, 21480
RESISTANCES ; 22160, 22360, 22480
WAIT FOR FRESH CALL
MCX MAY SILVER
SUPPORTS ; 21880, 21660, 21480
RESISTANCES ; 22160, 22360, 22480
WAIT FOR FRESH CALL
UPDATES ON MAR 4 2009
MAR 4 WEDNESDAY
TREND : DOWN
SUPPORT 1 RS 21730 , SUPPORT 2 RS 21480 , SUPPORT 3 RS 21210
RESISTANCE 1 RS 22050 , RESISTANCE 2 RS 22240 , RESISTANCE 3 RS 22470
March silver fell 2.7% to $12.695 an ounce.
Silver saw heavy selling in London and New york .
It slid from $ 13.41 in early London trade to $ 13.14
before nose diving to $ 12.72 in New york.
It clawed back to $ 13.12 at the close.
TREND : DOWN
SUPPORT 1 RS 21730 , SUPPORT 2 RS 21480 , SUPPORT 3 RS 21210
RESISTANCE 1 RS 22050 , RESISTANCE 2 RS 22240 , RESISTANCE 3 RS 22470
March silver fell 2.7% to $12.695 an ounce.
Silver saw heavy selling in London and New york .
It slid from $ 13.41 in early London trade to $ 13.14
before nose diving to $ 12.72 in New york.
It clawed back to $ 13.12 at the close.
Tuesday, March 3, 2009
UPDATE
MARKET ALERT AT 8. 45 PM
HIGH RISK CALL
SELL MCX APRIL SILVER UPTO 21850,
SL ABOVE 22055, TGT 21430.
LOW RISK TRADERS CAN SELL MCX APRIL
MINI SILVER
HIGH RISK CALL
SELL MCX APRIL SILVER UPTO 21850,
SL ABOVE 22055, TGT 21430.
LOW RISK TRADERS CAN SELL MCX APRIL
MINI SILVER
UPDATES
TECHNICALS FOR NYMEX TRADING MARCH 3
MCX MAY SILVER
TREND ; SIDEWAYS TO BULLISH
SUPPORTS ; 21880, 21660, 21500
RESISTANCE ; 22160, 22360, 22560
WAIT FOR FRESH ENTRY
MCX MAY SILVER
TREND ; SIDEWAYS TO BULLISH
SUPPORTS ; 21880, 21660, 21500
RESISTANCE ; 22160, 22360, 22560
WAIT FOR FRESH ENTRY
UPDATES
TECHNICALS FOR MARCH 3
MCX MAY SILVER
TREND : UP
SUPPORTS : 22430, 22280, 22080
RESISTANCES : 22780,22930, 23110
HOLD LONGS
MCX MAY SILVER
TREND : UP
SUPPORTS : 22430, 22280, 22080
RESISTANCES : 22780,22930, 23110
HOLD LONGS
Monday, March 2, 2009
UPDATES
TECHNICALS FOR NYMEX TRADING
MARCH 2
MCX MAY SILVER
TREND : UP
SUPPORTS ; 22660, 22420, 22180
RESISTANCES ; 22880, 23160, 23300
HOLD LONGS
MARCH 2
MCX MAY SILVER
TREND : UP
SUPPORTS ; 22660, 22420, 22180
RESISTANCES ; 22880, 23160, 23300
HOLD LONGS
update
MARKET ALERT AT 1.30 PM
MCX MAY SILVER CMP 22725, HAS SUPPORT
AT 22577, AND LIKELY TO TEST 22960.
MCX MAY SILVER CMP 22725, HAS SUPPORT
AT 22577, AND LIKELY TO TEST 22960.
UPDATE
TECHNICALS FOR MARCH 2
MCX MARCH SILVER
TREND : SIDEWAYS
SUPPORTS :21660, 21440,21220
RESISTANCES : 21980, 22160, 22360
WAIT FOR FRESH CALLS
MCX MARCH SILVER
TREND : SIDEWAYS
SUPPORTS :21660, 21440,21220
RESISTANCES : 21980, 22160, 22360
WAIT FOR FRESH CALLS
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