UPDATES FOR OCT 30 2009

OCT 30 FRIDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS RS 26140 , S2 RS 26000 , S3 RS 25870

R1 RS 26410 , R2 RS 26570 , R3 RS 26680

WAIT FOR CONFIRMATION .

MARKET ALERT ON OCT 30 FRUDAY 11.15 AM IST

MCX Dec silver looks posirtive at CMP Rs 26320

it could test Rs 26424/ 26497

support is seen below Rs 26200.

UPDATES FOR OCT 30 2009

OCT 30 FRIDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 26160 , S2 RS 26000 , S3 RS 25870

R1 RS 26410 , R2 RS 26570 , R3 RS 26740

WAIT FOR CONFIRMATION

CLOSING COMMENTARY FOR OCT 29 THURSDAY

Silver dollar prices went up sharply as expected

and eroding all the losses yesterday. Prices exactly

trading with the shadow of yesterday candle. Prices

a break and close above 16.80$ - 17$ could again go

up. A strong sellng below this could be negative for

prices. Wait for confirmation.

Silver prices in MCX trading upwards on profit booking

hope so. Prices a break and close above 26300 - 26400

could be positive again. Prices may have selling around

the res levels. Res is seen around 26400 and sup is

seen around 26000 .

MARKET ALERT ON OCT 29 THURSDAY 6.30 PM IST

MCX Dec Silver now has support at Rs 25600

Res can be seen at Rs 26300.

CMP Rs 26135

could test Res .

SellMini Silver nov below 25950 SL above 26100 T1 25800 T2 25620

MCX NOV MINI SILVER: LOW 25910 OUR T2 25900!!!!!!!!

MCX NOV MINI SILVER: INTRADAY TRADERS BOOK FULL PROFITS

AT 25950 TO 25975 LEVELS( SELL AT 26300)

MCX NOV MINI SILVER: TRADERS HOLDING SELLS AT 26300, BOOK

FURTHER PROFITS AT 26010/HOLD FOR T2 REVISE SL TO COST.

TECHNICALS FOR NYMEX TRADING OCT 28

MCX DEC SILVER

SUPP; 26180/26000/25870

RES: 26480/26610/26780

EXP TRADE SIDEWAYS

MCX NOV MINI SILVER: T1 ACH AT 26100 ( SELL GIVEN AT 26300)

SellMini Silver nov below 26300 SL above 26450 T1 26100 T2 25900

UPDATES FOR OCT 28 2009

OCT 28 WEDNESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 26120 , S2 RS 26000 , S3 RS 25870

R1 RS 26410 , R2 RS 26560 , R3 RS 26740

WAIT FOR CONFIRMATION .

CLOSING COMMENTARY FOR OCT 27 TUESDAY

Silver dollar came down as expected once it broken the

strong sup level of 17.30$. We strongly recommended

below sup could decide further trend and now have

sup of around 16.50$. Prices closing below the sup

levels could be weak and now trading bit negative.

Silver prices in MCX dropped after breaking the sup of

26800 levels. Prices seems weak below the sup levels.

Prices now could target 26000 levels and buying could

come at those levels.

MARKET ALERT ON OCT 27 7.45 PM IST

MCX Dec Mini Gold approaching T 2 Rs 26500

low risk traders book full profirs.

MCX NOV MINI SILVER: LOW RISK TRADERS BOOK PART PROFITS

AT 26760 TO 26780( SELL GIVEN AT 26870 CURRENT LOW 26765/

OTHERS HOLF FOR LEVELS GIVEN

UPDATES FOR OCT 27 2009

OCT 27 TUESDAY

TRADING LEVELS FOR MORNING SESION .

S1 RS 26710 , S2 RS 26540 , S3 RS 26380

R1 RS 27060 , R2 RS 27190 , R3 RS 27310

WAIT FOR CONFIRMATION .

CLOSING COMMENTARY FOR OCT 26 MONDAY

Silver dollar trading at very strong sup of around

17.20$. Prices on break and close below this could

be weak for prices till 17.00$ to 16.50$. Prices

have very strong sup here and need to watch out this.

Strong res is seen around 17.50$.

Silver prices in MCX dropped straight to 27000 levels

after unable to hold above the strong res of around

27500 levels. A break and close below 27000 could be

more weak till 26800 - 26700 levels.Strong res is seen

around 27200 - 27300 levels.

Wait for confirmaiton.

UPDATES FOR OCT 26 2009

OCT 26 MONDAY

TRADING LEVELS FOR MORNING SESSION .

S1 RS 27330 , S2 RS 27180 , S3 RS 27000

R1 RS 27610 , R2 RS 27780 , R3 RS 27940

WAIT FOR CONFIRMATION .

CLOSING COMMENTARY FOR OCT 23 FRIDAY

Silver prices also trading between 27000 - 27500

levels. But overall prices trading range bound with

some positive bias continuous trend from 26700 levels.

A close above 27500 - 27600 could be more positive

for prices.

MCX NOV MINI SILVER: T1 ACH AT 27480( BUY GIVEN

ON WEDNESDAY AT 27100)/HOLD FOR T2 AND T3.

Add Longs in Mcx Nov Mini Silver upto: 27370 SL; below: 27000

TGT: 27710/27840 Cmp: 27405 (Earlier longs at 27120 - 27100)

10 AM OCT 23

MCX NOV MINI SILVER: TRADERS HOLDING LONGS AT

27100 AS PER OUR BUY ON WEDNESDAY/BOOK PART PROFITS

AT 27370/HOLD FOR TGT.

UPDATES FOR OCT 23 2009

OCT 23 FRIDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 27080 , S2 RS 26880 , S3 RS 26660

R1 RS 27480 , R2 RS 27640 , R3 RS 27780

WAIT FOR CONFIRMATION .

CLOSING COMMENTARY FOR OCT 22 THURSDAY

Silver prices trading range bound between 17.30$ -

17.80$. Prices trading slight below the sup of

17.50$ and prices need to close below 17.30$ or

above 17.80$ to have further movemnt.

No big movemnt is seen.

Silver prices trading range bound between 27000 -

27500. No clear trend seen in silver prices. Either

break and close could decide further trend. Overall

range bound market and less participation.

CLOSING COMMENTARY FOR OCT 21 WEDNESDAY

Silver dollar prices trading between 17.30$ - 17.80$

. Prices looks positive mainly above the strong res of

17.80$- 18$. Could test more highs. Strong sup is seen

around 17.30$ - 17.10$.

Silver prices in MCX trading positive but with range bound.

Prices trading bit near to strong res of 27400 levels.

Prices above could test more hihgs till 27600 - 27800

levles. Strong sup is seen below 27000 - 26800 levels.

Call Updates:Traders holding long in Mcx Silver mini nov,
As per our buy at 27100 book part profit at 27260 to 27280 levels
others hold for given targets

Call-Alert
Mcx Nov Mini Silver Buy at 27120 - 27100
SL: below 26860 TGT: 27480 Cmp: 27120

TECHNICALS FOR NYMEX TRADE FOR OCT 21 2009

OCT 21 WEDNESDAY

YTRADING LEVELS FOR EVENING SESSION

S1 RS 26977 , S2 RS 26860- , S3 RS 26660

R1 RS 27110 , R2 RS 27280 , R3 RS 27410

WAIT FOR CONFIRMATION .

MARKET ALERT ON OCT 21 WEDNESDAY 5.00 PM IST

MCX Dec silver now has support at Rs 26810

Res is seen at Rs 27080

cmp Rs 26930

Could test support.

UPDATES FOR OCT 21 2009

OCT 21 TUESDAY

TRADING LEVELS FOR MORNING SESSION .

S1 RS 27000 , S2 RS 26860 , S3 RS 26660

R1 RS 27360 , R2 RS 27490 , R3 RS 27630

WAIT FOR CONFIRMATION .

TECHNICALS FOR OCT 20 NYMEX TRADING

MCX DEC SILVER

SUPP; 27120/27000/26860

RES: 27380/27510/27640

PREFR LONGS AT SUPPORTS

TECHNICALS FOR OCT 20

MCX DEC SILVER

SUPP; 26893.26810/26650

RES: 27211/27365/2727486

PREFER LONGS AT SUPPORTS

UPDATES FOR OCT 20 2009

OCT 20 TUESDAY

TRADING LEVELS FOR MORNING SESSION .

S1 RS 26890 , S2 RS 26810 , S3 RS 26654

R1 RS 27211 , R2 RS 27365 , R3 RS 27486

WAIT FOR CONFIRMATION .

CLOSING COMMENTARY FOR OCT 19 MONDAY

Silver prices went up slighly but with range bound

with positive bias. Prices have strong res of 17.60$

levels. Prices seems overall range bound 17.20$ - 18$

and need to wait for confirmation.

LOW RISK TRADERS EXIT MINI SILVER SELLS.

sell mcx nov mini silver at 26860 to 26880 sl abv 27045 tgt 26640.

TECHNICALS FOR OCT 19

MCX DEC SILVER

SUPP; 26840/26680/26540

RES: 27140/7280/27410

PREFER LONGS AT SUPPORTS

TECHNICALS FOR NYMEX TRADE FOR OCT 16 2009

OCT 16 FRIDAY

TRADING LEVELS FOR EVENING SESSION .

S1 RS 26860 , S2 RS 26720 , S3 RS 25560

R1 RS 27060 , R2 RS 27180 , R3 RS 27310

WAIT FOR CONFIRMATION .

MCX DEC SILVER UPDATE: LOOKS WEAK BELOW 26800 WITH

RES SEEN ABV 26890 AND CLD TEST 26660 LEVELS

technicals for oct 16

mcx dec silver

supp: 26560/25410/26280

res:26890/27100/27360

wait for entry

MARKET ALERT ON OCT 15 THURSDAY 8.45 PM IST

MCX Nov Silver looks strong above Rs 27140

support is seen below Rs 26750

Res is seen at Rs 27540 / 27710 .

High risk traders can operate with Mega lots .

TECHNICALS FOR OCT 15

MCX DEC SILVER

SUPP; 27240/27080/26880

RES;27510/27640/27880

PREFER LONGS AT SUPPORTS

Silver prices trading in positive zone and trading range
bound. Prices trading between 17.50$ - 18$. Either break


out and close could decide further movement in prices.

Overall consolidating at higher levels Cautions advised.

TECHNICALS FOR NYMEX TRADING OCT 14

MCX DEC SILVER

SUPP: 27280./27080/26860

RES; 27610/27760/27940

PRFER LONGS AT SUPPORT

MCX DEC SILVER UPDATE ; WEAK BELOW 27440 AND CLD

TEST 27302/27260 LEVELS WITH RES ABV 27560.

TECHNICALS FOR OCT 14

MCX DEC SILVER

SUPP; 27280/27080/26880

RES:27620/27840/27980

WAIT FOR CALLS

TECHNICALS FOR NYMEX TRADING OCT 13

MCX DEC SILVER

SUPP: 27285/27110/27000

RES: 27640/27810/27980

HOLD LONGS

CLOSING COMMENTARY FOR OCT 12 MONDAY

Silver dollar trading between 17.70$ - 17.90$. Prices

have strong res at 17.90$ to 18.10$. Prices above

this could test more highs till 19$ on weekly

basis. Prices above 17$ looks positive.

Silver prices in MCX trading very thin. Prices trading

between 27200 - 27500 levels. Prices have storng levels

of 27500 and a close above could test 28000 but prices

need some momentum to have bullish trend. Overall

prices above 27000 looks firm.

TECHNICALS FOR NYMEX TRADING OCT 12

MCX DEC SILVER

SUPP; 27440/27280/27130

RES; 27740/27920/28080

PREFER LONGS AT SUPPORTS

M KT ALERT AT 11 AM OCT 12

MCX NOV MINI SILVER ; TRADERS BOOK PART PROFITS AT

27550 LEVELS ( BUY GIVEN ON FRIDAY AT 27280 TO 27320)/HOLD

FOR TGTS GIVEN.

UPDATES FOR OCT 12 2009

OCT 12 MONDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 27110 , S2 RS 26860 , S3 RS 26640

R1 RS 27470 , R2 RS 27620 , R3 RS 27840

WAIT FOR CONFIRMATION .

CLOSING COMMENTARY FOR OCT 9 FRIDAY

Silver dollar prices came down frm the high of

17.80$ eroding yesterday gain.Hope this is a

correction and prices above 17.40$ seems positive

agaim. Strong res is at 17.80$ .

Silver prices in MCX stuck with range of between

27100 - 27400. Prices corrected after a big rise in

pries. Prices above 27500 could be positive again

till 28000. 27500 seems very strong res and strong

sup is at 27100 - 27000. Wait for confirmation .


Saran !! is typing a message.

MARKET ALERT ON OCT 9 FRIDAY 7.50 PM IST

Mcx Nov Mini Silver looks strong between

27280 to 27320

Support is seen at Rs 26900

Res at Rs 27740 .

TECHNICALS FOR NYMEX TRADE FOR OCT 9 2009

OCT 9 FRIDAY

TRADING LEVELS FOR MORNING SESSION .

S1 RS 27080 , S2 RS 26860 , S3 RS 26640

R1 RS 27470 , R2 RS 27640 , R3 R3 27780

WAIT FOR CONFIRMATION .

Exit longs in Mcx Nov Mini Silver at Cmp: 27202

UPDATES FOR OCT 9 2009

OCT 9 FRIDAY

TRADING LEVELS FOR MORNING SESSION .

S1 RS 27110 , S2 RS 26860 , S3 RS 26640

R1 RS 27470 , R2 RS 27620 , R3 RS 27840

WAIT FOR CONFIRMATION ,

CLOSING COMMENTARY FOR OCT 8 THURSDAY

Silver dollar prices went up again till 17.90$ as expected.

Prices trading strong and need to close above 17.60$ to

remain positive. Prices looks firm seems could test

18$ - 18.50 .

Silver prices trading firm but limited movement is seen.

Prices have very storng res of 27500 and above could

test 28000 levels soon. Prices have strong sup of aorund

27100 - 27150.

Buying above the res seems good.

MARKET ALERT ON OCT 8 THURSDAY 9.45 PM IST

Mcx Nov Mini Silver looks positive at 27425-27400

Support is seen: below: 27100

Res is seen at Rs 27780 .

TECHNICALS FOR NYMEX TRADING OCT 8

MCX DECSILVER

SUPP; 27160/27000/26840

RES: 27510/27680/27840

PREFER LONGS AT SUPPORTS

Update: Silver & Gold headed north expected to test

$ 17.97 & 27720, $ 1065 & 15974 Respectively.

MARKET ALERT ON OCT 8 THURSDAY 12.30 PM IST

MCX Dec Silver now has support at Rs 27290 levels

Res can be seen at Rs 27650 levels

CMP Rs 27435.

could test Res .

MCX NOV MINI SILVER : BUY GIVEN YESTERDAY AT 27000, T2 27500,T3 27600.

MKT ALERT AT 10.10 AM, OCT 8

MCX NOV MINI SILVER : T1 ACH AT 27300( BUY

GIVEN AT 27000 YESTERDAY)/BOOK FURTHER PROFITS HOLD FOR T2.

UPDATES FOR OCT 8 2009

OCT 8 THURSDAY

TRADING LEVELS FOR MORNING SESSION ,

S1 RS 26860 , S2 RS 26660 , S3 RS 26510

R1 RS 27260 , R2 RS 27430 , R3 RS 27580
'
WAIT FOR CONFIRMATION .

Silver prices continuEs its bull trend for the third day

in MCX. Prices have strong sup of around 26800 - 26900

then prices could test more highs above the res of 27200

levels. Prices could target 27500 - 28000. Need to buy on

dips and watch INR factor also.

MKT ALERT AT 9 PM OCT 7

MCX NOV MINI SILVER: INTRADAY TRADERS BOOK FURTHER

PROFITS AT CMP 27210( BUY AT 27000)/OTHERS HOLD FOR TGTS.

TECHNICALS FOR NYMEX TRADING OCT 7

MCX DEC SILVER

SUPP; 26960/26710/26530

RES:27180/27330/27480

PREFER LONGS AT SUPPORTS

mcx nov mini silver: low risk traders book part profits at

cmp 27110( buy given at 27000)/others hold for tgts.

BuyMini Silver nov above 27000 SL below 26800 T1 27300 R2 27500
:

UPDATES FOR OCT 6 2009

OCT 6 WEDNESDAY

TRADING LEVELS FOR MORNING SESSION .

S1 RS 26630 , S2 RS 26490 , S3 RS 26310

R1 RS 26970 , R2 RS 27180 , R3 RS 27340

WAIT FOR CONFIRMATION .

MARKET ALERT ON OCT 6 TUESDAY

MCX Nov Siver Mini T 2 Achieved at Rs 26900.

Buy was at Rs 26550.

CHEERS !

MARKET ALERT ON OCT 6 TUESDAY 6.40 PM IST

MCX Nov Silver T 1Achieved at Rs 26780 ,

.Buy was at Rs 26550 .

TECHNICALS FOR NYMEX TRADE FOR OCT 6 2009

OCT 6 TUESDAY

TRADING LEVELS FOR EVENING SESSION,

S1 RS 26490 , S2 RS 26310 , S3 RS 26170

R1 RS 26780 , R2 RS 26930 , R3 RS 27120

WAIT FOR CONFIRMATION .

MKT ALERT AT 3.40 PM OCT 6

MCX NOV MINI SILVER : TRADERS HOLDING LONGS AS PER OUR

BUY AT 26550, BOOK PART PROFITS AT 26650/HOLD FOR TGTS.

mkt alert at 10.10 am oct 6

Buy Mini Silver Nov above 26550 SL below 26330 T1 26780 T2 26900

UPDATES FOR OCT 6 2009

OCT 6 TUESDAY

TRADING LEVELS FOR MORNING SESSION.

S1 RS 26170 , S2 RS 26000 , S3 RS 25850

R1 RS 26480 , R2 RS 26610 , R3 RS 26840

WAIT FOR CONFIRMATION .

Silver dollar trading between 16$ - 16.50$. Prices seems

range bound between these prices. A positive close above

16.60$ could take prices more highs till 17.10$. Strong

sup seen around 15.90$ - 16$.

TECHNICA;LS FOR NYMEX TRADE FOR OCT 5 2009

OCT 5 MONDAY

TRADING LEVELS FOR EVENING SESSION .

S1 RS 25870 , S2 RS 25710 , S3 RS 25560

R1 RS 26080 , R2 RS 26210 , R3 RS 26380

WAIT FOR CONFIRMATION .

UPDATES FOR OCT 5 2009

OCT 5 MONDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 23980 , S2 RS 25860 , S3 RS 25740

R1 RS 26160 , R2 RS 26340 , R3 RS 26490

WAIT FOR CONFIRMATION .

CLOSING COMMENTARY FOR OCT 1 THURSDAY

Silver dollar prices corrected a bit. Prices now have

strong res of around 16.50$ - 16.60$. Only a close

above this could be positive otherwise prices could

correct upto 16$. There need to see for rebounding.

Wait for confirmation .

Silver prices corrected a bit in MCX. Prices have storng

res of around 26500 levels. Prices could test 26000 and

below that could test again the stng sup of 25800. Prices

could rebound again.

Wait for confirmation.

MKT ALERT AT 6.25 PM OCT 1

Buy Mcx NOV MINI Silver at 26450-26440 SL: below: 26330 TGT: 26620

TECHNICALS FOR NYMEX TRADE FOR OCT 1 2009

OCT 1 THURSDAY

TRADING LEVELS FOR EBENING SESSION .

S1 RS 26170 , S2 RS 26000 , S3 RS 25850
,
R1 RS 26580 , R2 RS 26720 , R3 RS 26880

WAIT FOR CONFIRMATION.

UPDATES FOR OCT 1 2009

OCT 1 THURSDAY

TRADING LEVELS FOR MORNING SESSION .

S1 RS 26330 , S2 RS 26170 , S3 RS 26000

R1 RS 26610 , R2 RS 26780 , R3 RS 26960

WAIT FOR CONFIRMATION .