SILVER UPDATES: May 2010

Monday, May 31, 2010

UPDATES FOR MAY 31 2010

MAY 31 MONDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 29140 , S2 RS 29020 , S3 RS 28860

R1 RS 29390 , R2 RS 29514 , R3 RS 29669

WAIT FOR CONFIRMATION .

Friday, May 28, 2010

TECHNICALS FOR NYMEX TRADE FOR MAY 28 2010

MAY 28 FRIDAY

TRADING LEVELS FOR EVENING SESSION

S1 RS 29090 , S2 RS 28900 , S3 RS 28720

R1 RS 29400 , R2 RS 29530 , R3 RS 29650

WAIT FOR CONFIRMATION .

UPDATES FOR MAY 28 2010

MAY 28 FRIDAY

TRADING LEVELS FOR EVENING SESSION

S1 RS 29070 , S2 RS 28880 , S3 RS 28650

R1 RS 28480 , R2 RS 28680, R3 RS 28900

WAIT FOR CONFIRMATION .

Wednesday, May 26, 2010

MARET ALERT ON MAY 26 WEDNESDAY 8.15 PM IST

MCX June silver mini approaching T4 Rs 29500

Traders can book further profits .

Current high Rs 29490 .

MKT ALERT AT 2.45PM

MCX JUNE MINI SILVER: CMP 29400/BUY GIVEN YESTERDAY AT 28600/BOOK FURTHER PROFITS/HOLD FOR POSITONAL TGTS GIVEN.

MRKT ALERT 1.25 PM

MCX Jun SilverM our T3 achieved at 29300, traders can hold for further targets given.

MCX JUNE MINI SILVER APP T3 AT 29300 HIGH 29287/BUY GIVEN YESTERDAY AT 28600/BOOK FURTHER PROFITS

MKT ALERT AT 10,05 AM

MCX JUNE MINI SILVER: T2 ACH AT 29000/ HIGH 29168, CMP 29080//TRADERS HOLDING LONGS AT 28600 FROM YESTERDAY BUY CALL BOOK FURTHER PROFITS AND HOLD FOR T3.

UPDATES FOR MAY 26 2010

MAY 26 WEDNESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 28790 , S2 RS 28500 , S3 RS 28280

R1 RS 29100 , R2 RS 29350 , R3 RS 29650

WAIT FOR CONFIRMATION .

Tuesday, May 25, 2010

MRKT ALERT 11 PM

MCX Jun SilverM approaching our T2 at 29000, tgt ext upto 29300, Buy given at 28600.m

MRKT ALERT 5.00 PM

MCX JUN SILVERM T1 ACHIEVED AT 28850,TRADER BOOK FURTHER PROFIT, OTHERS HOLD FOR T2 GIVEN. BUY GIVEN AT 28600

MKT ALERT AT 1.20PM

MCX JUNE MINI SILVER: LOW RISK TRADERS HOLDING BUYS AT 28600 BOOK PART PROFITS AT 28690/OTHERS HOLD FOR LEVELS GIVEN.

mkt alert at 10.20 am

Buy SilverM Jun between 28600 - 28620 SL below 28470 T1 28850 T2 29000

TECHNICALS FOR MAY 25

MCX JULY SILVER

SUPP:28480/28360/28255

RES: 28880/29050/29200

Monday, May 24, 2010

mkt alert at 9.35 pm

Mcx Silver mini Buy at 28700-28650 TGT 28850/29100 SL Blw 28480

TECHNICALS FOR NYMEX TRADE FOR MAY 24 2010

MAY 24 MONDAY

TRADING LEVELS FOR EVENING SESSION

S1 RS 28520 , S2 RS 28320 , S3 RS 28200

R1 RS 28740 , R 2RS 28850 , R3 RS 29000

WAIT FMR CONFIRMATION .

UPDATES FOR MAY 24 2010

MAY 24 MONDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 28313 , S2 RS 28151 , S3 RS 27960

R1 RS 28614 , R2 RS 28756 , R3 RS 28924

WAIT FOR CONFIRMATION .

UPDATE AT 9.10AM: BULLIONS EXP TO OPEN HIGHER, GOLD $1185 MCX AROUND 18100//SILVER$17.90 MCX AROUND MCX 28700//CRUCE EXP OPEN 3340 LEVELS RES STRONG AT 3355//COPPER UP AROUND 1%, MCX EXP OPEN AROUND 324 TO 325, LTP 322.40 RES AT 326 SUPP 319//ASIAN MKTS UP ON SPECULATION THAT CHINESE BANKS TIGHTENING MEASURES WILL BE DELAYED TILL EUROZONE PROBLEMS RESOLVED!!!

Friday, May 21, 2010

MRKT ALERT 7.05 PM

MCX JUN SILVERM T1 ACH AT 28255, HOLD FOR
T2 GIVEN.

MRKT ALERT 6.08 PM

MCX JUN SILVERM APPROACHING OUR T1 AT
28255, HOLD FOR T2 GIVEN. SELL GIVEN
BELOW 28500.

MCX JUNE MINI SILVER:LOW RISK TRADERS BOOK PROFITS UPTO 28420/SELL RECO AT 28500/OTHERS HOLD FOR LEVELS.

Sell SilverM Jun below 28500 SL above 28650 T1 28255 T2 28100

UPDATES FOR MAY 21 2010

MAY 21 FRIDAY'
'
TRADING LEVELS FOR MORNING SESSION

S1 RS 28290 , S2 RS 28000 S3 RS 27780

R1 RS 28750 , R2 RS28980 , R3 RS 29300

WAIT FOR CONFIRMATION .

Thursday, May 20, 2010

TRADING LEVELS FOR NYMEX TRADE FOR MAY 20 2010

MAY 20 THURSDAY

TRADING LEVELS FOR EVENING SESSION

S1 RS 28570 , S2 RS 28460 , S3 RS 28330
\
R1 RS 28800 , R2 RS28940 , R3 RS 29100

WAIT FOR CONFIRMATION .

MRKT ALERT 6.00 PM

MCX JUN SILVERM APPROCHING OUR EXT TGT 28250, SELL INITIATED YESTERDAY BELOW 28900

MRKT ALERT 5.58 PM

MCX JUN SILVERM T2 ACHIEVED AT 28400.

MRKT ALERT 5.18 PM

Silver looks weak as per target given. Gold weak below 17950

MKT ALERT AT 5 PM MAY 20

MCX JUNE MINI SILVER APPROACHING T2 AT 28400 CMP 28435,

BOOK FURTHER PROFITS, HIGH RISK TRADERS HOLD FOR T3 28250/SELL RECO

ON MAY 19 AT 28900.

MRKT ALERT 4.40 PM

MCX JUN SILVERM TRADERS CAN BOOK FURTHER PROFITS IN CARRYOVER SELL CALL UPTO 28560, SELL INITIATED YESTERDAY BELOW 28900.

Gold taking strong sup around 18000 - 17950. A break below 17950 and 17900 could take prices till 17700 - 17600.
: Silver looks weak below 28900 and could test 28600 - 28400 levels,

Wednesday, May 19, 2010

MKT ALERT AT 9.50PM

MCX JUNE MINI SILVER T1 ACH AT 28600/SELL AT 28900/OTHRS HOLD FOR T2.

MKT ALERT AT 9.20PM

MCX JUNE MINI SILVER CMP 28730/BOOK FURTHER PROFITS/SELL RECO AT 28900/OTHERS HOLD FOR LEVELS,

MCX JUNE MINI SILVER; BOOK PART PROFITS AT 28780 TO 28800 ( CARRY OVER)
MCX JUNE MINI SILVER; BOOK PART PROFITS AT 28780 TO 28800 ( CARRY OVER)

MKT ALERT AT 7.25 PM

SELL MCX MINI SILVER JUNE BELOW 28900 SL 29200 TGT 28600;/28400

TECHNICALS FOR MAY 19

MCX JULY SILVER

SUPP;29050/28860/28740

RES:l 29380/29620/29780

Tuesday, May 18, 2010

MCX JUNE MINI SILVER APPROACHING T1 AT 28980 CMP 29030/BOOK PART PROFITS/SELL RECO BELOW 29200

MRKT ALERT 1.15 PM

MCX JUN MINI SILVER UPDATE - WEAK BELOW 29200 WITH RES ABOVE 29380 AND COULD TEST SUPPORTS 28980/28840...TRADERS COULD INITIATE SELLS AS PER LEVELS GIVEN

UPDATES FOR MAY 18 2010

MAY 18 TUESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 29180 , S2 RS 28950 , S3 RS 28650

R1 RS 29610 , R2 RS 29980 , R3 RS 30300

WAIT FOR CONFIRMATION .

Monday, May 17, 2010

MARKET ALERT ON MAY 17 MONDAY 9.15 PM IST

MCX Jnue Mini silver Target 2 Achieved at Rs 29400 .

sell was advised at Rs 29830 , book full profits .

MCX JUNE MINI SILVER: T1 ACH AT 29600.

MKT ALERT AT 3 P

MCX JUNE MINI SILVER APPROACHING T1 AT 29600 CMP 29620/BOOK FURTHETR PROFITS/ SELL GIVEN AT 29830.
MCX JUNE MINI SILVER APPROACHING T1 AT 29600 CMP 29620/BOOK FURTHETR PROFITS/ SELL GIVEN AT 29830.

MKT ALERT AT 1 PM

MCX JUNE MINI SILVER: BOOK PART PROFITS AT 29720/SELL RECO AT 29830 TO 29860/OTHERS HOLD FOR LEVELS

mkt alert at 11.45 am

Sell SilverM Jun between 29830 - 29860 SL above 30000 T1 29600 T2 29400 (Trade Less Volumes )

TECHNICALS FOR MAY 17

MCX JULY SILVER

SUPP: 29450/29100/28910

RES: 29950/30160/30300

Friday, May 14, 2010

UPDATES FOR MAY 14 2010

MAY 14 FRIDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 29500 , S2 RS 29300 , S3 RS 28980

R1 RS 29980 , R2 RS 30300 , R3 RS 30780

WAIT FOR CONFIRMATION .

CLOSING COMMENTARY FOR MAY 13 THURSDAY

Silver slightly in red after testing new highs .

Buying could come possibly around dips of Rs 29500 .

A close below Rs 29500 could be watched . ,

Thursday, May 13, 2010

mkt alert at 8.45pm
mcx june mini silver t1 ach at 30100.

MKT ALERT AT 6.25PM

MCX JUNE MINI SILVER: BOOK FURTHERPART PROFIT AT CMP 29950

MNKT ALERT AT 6 PM

MCX JUNE MINI SILVER: CMP 29910, BOOK FURTHER PROFITS.

mkt alert at 5.55pm

MCX JUNE MINI SILVER; TRADERS HOLDING LONGS AT 29750, BOOK PART PROFITS AT 29850 /OTHERS HOLD FOR LEVELS.
MCX JUNE MINI SILVER; TRADERS HOLDING LONGS AT 29750, BOOK PART PROFITS AT 29850 /OTHERS HOLD FOR LEVELS.

Buy SilverM Jun between 29740 - 29760 SL below 29400 T1 30100 -T2 30300

TECHNICALS FRO MAY 13

MCX JULY SILVER

SUPP: 292968-/29250/28980

RES: 30100/30430/30650

Wednesday, May 12, 2010

MRKT ALERT 8.00 PM

MCX JUN SILVERM T2 ACH AT 30000 AND RUNNING FOR T3 AT 30200, BUY GIVEN AT YESETERDAY.

MRKT ALERT 4.20 PM

MCX JUN SILVERM T2 ACHIEVED AT 30000, HOLD FOR T3.

MCX JUNE MINI SILVER APP T2 AT 30000 CMP 29969, BOOK FURTHER PROFITS/HOLD FOR T3 30200/BUY GIVEN LAST NIGHT AT 29450.

mcx june mini silver : t1 ach at 29800 high 29799/buy given last night at 29450./hold for levels given.

MRKT ALERT 10.45 AM

MCX Jun SilverM approaching our T1 at 29800, CMP 29740, Book further profits others can hold for targets given.

MRKT ALERT 10.10 AM

MCX Jun SilverM low risk traders can book part profits upto 29660, Buy given at 29500, others can hold for given targets..

Tuesday, May 11, 2010

MRKT ALERT 10.30 PM

Buy SilverM Jun between 29480 - 29500 SL below 29200 T1 29800 T2 30000

mcx june mini silver update: sharply spiked up once cut 28600 and tested levels 28900/29100 reco by us as levels/ now supp at 29000 and res 29500.

MRKT ALERT 5. PM

MCX Jun SilverM our SL Hits...!! Exit Sells..looks positive above 28600 and could test 28900-29100 with sup seen below 28420.

may 11, 10 am

Sell SilverM Jun below 28400 SL above 28610 T1 28180 T2 28010

TECHNICALS FOR MAY 11

MCX JULY SILVER

SUPP: 28330/28160/28010

RES: 28680/28820/28960

Monday, May 10, 2010

MKT ALERT AT 1.45 PM

MCX JUNE MJNI SILVER UPDATE: HIT LOW 28001/SELL RECO AT 28400!!!!

MRKT ALERT 1.20 PM

MCX Jun SilverM T1 almost achieved at 28100, Current low 28110, Traders can book further profits others can hold for further targets..

MCX JUNE MINI SILVER:TRADERS HAVING SELLS BOOK PART PROFITS AT CMP 28260/SELL RECO AT 28400 TO 28430/OTHERS CAN HOLD FOR LEVELS.

Sell SilverM Jun between 28400 - 28430 SL above 28700 Tgt 28100 - 27900 - 27700

TECHNICALS FOR MAY 10

MCX JULY SILVER

SUPP: 28420/28330/28150

RES: 28670/28810/28980

Saturday, May 8, 2010

BULLION UDATE: GOLD INITIALLY HAD PROFIT BOOKING LOW 17700, CLOSED AT $1210, HOLD LONGS GOLD MINI FOR OUR TGTS 17950/18050/18100( BUY GIVEN AT 17780LAST NIGHT)//SILVER HAD CLEAR BREAKOUT ABV 28000;CAN BUY MINI SILVER AT OPEN SL 28400 TGTS 28850/28950;AKSHAYA THRITHI COMING UP CAN SEE SILVER TOUCHING NEW HIGHS,RANGE 28000 TO 29500!!!

Friday, May 7, 2010

MRKT ALERT 9.45 PM

MCX Jun SilverM T2 Achieved at 28000, Buy given at 27600.

MARKET ALERT ON MAY 7 FRIDAY 10.00 PM IST

MCX June Mini Silver Target 2 Achieved at Rs 28000

Buy was given at Rs 27600 .

MRKT ALERT 12.40 PM

MCX Jun SilverM approaching our T1 at 27850, current high 27826, Traders can book further profits others can hold for tgts given.

MKT ALT AT 12.35 PM

MCX JUNE MINI SILVER CMP 27770, BOOK FURTHER PROFITS, BUY AT 27620.

ALT AT 12.20PM

MCX JUNE MINI SILVER: TRADERS HOLDING LONGS AT 27600 TO 27620 BOOK PART PROFITS UPTO 27680 TO 27700/OTHERS HOLD FOR LEVELS.CMP 27685

mkt alt at 11.20am

Buy SilverM Jun between 27600 -27620 SL below 27430 T1 27850 T2 28000

Thursday, May 6, 2010

MRKET ALERT ON MAY 6 THURSDAY 7.15 PM IST

MCX July Silver now has immediete Res above Rs 27560

Next Res seen at Rs 27840

Support is seen below Rs 27380

CMP Rs 27518

These are trading levels only .

UPDATES FOR MAY 6 2010

MAY 6 THURSDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 27000 , S2 RS 26810 , S3 RS 26650

R1 RS 27482 , R2 RS 27709 , R3 RS 28050

WAIT FOR CONFIRMATION .

Wednesday, May 5, 2010

TECHNICALS FOR MAY 5

MCX MAY SILVER

SUPP: 27450/27200/26900

RES: 27900/28150/28400

Tuesday, May 4, 2010

MKT ALERT AT 3.15 PM

MCX JUNE MINI SILVER: BOOK PART PROFITS UPTO 28500/BUY RECO AT 28420 LEVELS/HOLD FOR LEVELS GIVEN.

MKT ALERT AT 2.55 PM

Buy SilverM Jun between 28400 - 28420 SL below 28250 T1 28600 T2 28800

UPDATES FOR MAY 4 2010

MAY 4 TUESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 28420 , S2 RS 28300 , S3 RS 28180

R1 RS 28640 , R2 RS 28840 , R3 RS 28980

WAIT FOR CONFIRMATION .

Monday, May 3, 2010

Mcx Gold & Silver havee tested crucial resistance levels may take some correction r. Mcx june gold sup 17100,sil sup 28180