SILVER UPDATES: January 2012

Tuesday, January 31, 2012

MARKET ALERT ON JAN 31 TUESDAY 8.20 PM IST

Silver dollar trades range bound between 33.5 $ to 34 $.

Silver here around 57000 - 57500,

next move above 57500 around 58000 - 58500 - 59000

MARKET ALERT ON JAN 31 TUESDAY 7.50 PM IST

TRADING IDEA :

MCX Feb Silver Mini Traders holding longs at Rs 57000 to 57080 ,

Tgt 1 Achieved at Rs 57350 /

TECHNICALS FOR NYMEX TRADFE FOR JAN 31 2012

TUESDAY

TRADING LEVELS FOR EVENING SESSION

S1 RS 56650 , S2 RS 56100 , S3 RS 55600

R1 RS 57580 , R2 RS 58100 , R3 RS 58680

TRADING IDEA: MCX SILVERM FEB BOOK PART PROFITS AT 57200-230 BUYS UPTO 57080/

MCX SILVERM FEB TRADES POSITIVE ABV 57000 WITH SUPPORT AT 56700 AND CLD TEST 57400-650/LEVELS/

UPDATES FOR FEB 1 2012

TUESDAY

TRADING LEVELS FOR MORNING SESSION

MCX MARCH SILVER

S1 RS 56150 , S2 RS 55400 , S3 RS 53900

R1 RS 57500 , R2 R S58300 , R3 RS 59100

UPDATES FOR FEB 1 2012

TUESDAY

TRADING LEVELS FOR MORNING SESSION

MCX MARCH SILVER

S1 RS 56150 , S2 RS 55400 , S3 RS 53900

R1 RS 57500 , R2 R S58300 , R3 RS 59100

GM JAN 31: BULLIONS OPEN HIGHER GOLD$1737 SILVER$33.70 RES 57300-600 SUPP 56500 EXP OPEN HIGHER/CRUDE$99.25 OPENS POSITIVE RES 4975 SUPP 4890/COPPER OPENS MILD DOWN MCX ARD 420.50 SUPP 418 RES 424/NAT GAS OPENS LOWER ARD 1%/

Monday, January 30, 2012

MCX SILVERM FEB AT 57100..BUYS AT 56670( 2 LOTS) BOOK FURTHER/

MCX SILVERM FEB CMP 57010 ..BUYS AT AVERAGE 56670( 2 LOTS)//MCX GOLDM MARCH CMP 28285 BUYS AT 28030//

MCX SILVERM FEB AT HIGH 56970 BUYS AT 56670( 2 LOTS)//MCX GOLDM MARCH AT HIGH 28268 POSITIONAL BUYS AT 28030 FROM FRIDAY/BOOK FURTHER/

MCX SILVERM FEB AT HIGH 56900 BUYS AT 56670 ( 2 LOTS)/

MCX SILVERM FEB BOOK FURTHER PROFITS UPTO 56770-800..AVERAGE BUYS AT 56670..(2 LOTS)/

MARKET ALERT ON JAN 30 MONDAY 2.10 PM IST

MCX Feb Silver Mini Traders Who have entered Longs

at Rs 56520 can book part profits at cmp Rs 56710

Buy SilverM Feb above 56820 and at 56520 SL below 56320 T1 57300 T2 57600

UPDATES FOR JAN 30 2012

MONDAY

TRADING LEVELS FOR MORNING SESSION

MCX MARCH SILVER

S1 RS 56744 , S2 R 56264 ,S3 RS 55793

R1 RS 57844 ,, R2 RS 58333 , R3 RS 58998

GM JAN 30/BULLIONS OPEN MILD LOWER GOLD$1734 RES 28250 SUPP 27650,SILVER$33.67 SUPP 56900-800 RES 57650..WATCH OUT INR OPEN/CRUDE$99 TRADES AT STRONG SUPPORTS/COPPER OPENS LOWER AROUND 0.80% RES 428 SUPP 422-419/US DOLLAR INDEX 79.02/

Saturday, January 28, 2012

MCX SILVER UPDATES

GM MKT CLOSE FOR WEEK ENDED JAN 27/INR CLOSES AT 12 WEEK HIGH AT 49.32/US DOLLAR INDEX CLOSES LOWER AR 78.85/EURO BREAKS ABV 1.32/CHINESE MKTS TO OPEN MONDAY ATER WEKKS HOLIDAYS/BULLIONS CLOSE AT HIGHS GOLD$1738 SILVER$33.92//US GDP DAT LESS THAN EXP HOLDS BACK BASE METALS/CRUDE$99.60//

Friday, January 27, 2012

MCX Feb Silver Mini Tgt 1 Achieved at Rs 57400 , Buys at Rs 57000 , Book Further profits cmp 57397/

MARKET ALERT ON JAN 27 FRIDAY 8.55 PM IST

MCX Feb Silver Mini CMP Rs 57330 ,

Buys at Rs 57000 ,

Our Tgt 1 at Rs 57400 ,

Book Further profits

MARKET ALERT ON JAN 27 FRIDAY 8.30 PM IST

MCX Feb Silver Mini Low risk Traders Holding

Buys at Rs 57000 can book part profits at cmp Rs 57190

TECHNICALS FOR JAN 27 2012

FRIDAY

TRADING LEVELS FOR EVENING SESSION

S1 RS 56650 , S2 RS 56100 , S3 RS 55600

R1 RS 57580 , R2 RS 58100 , R3 RS 58680

TRADING CALL FOR JAN 26 FRIDAY 10.15 AM IST

Buy SilverM Feb at 57000 and at 56600

SL below 56400

T1 57400 T2 57700.

Medium Risk

UPDATES FOR JAN 26 2012

FRIDAY

TRADING LEVELS FOR MORNING SESSION

MCX MARCH SILVER

S1 RS 56150 , S2 RS 55400 , S3 RS 53900

R1 RS 57100 , R2 RS 57900 , R3 RS 58700

UPDATES FOR JAN 26 2012

FRIDAY

TRADING LEVELS FOR MORNING SESSION

MCX MARCH SILVER

S1 RS 56150 , S2 RS 55400 , S3 RS 53900

R1 RS 57100 , R2 RS 57900 , R3 RS 58700

GM JAN 27: GOLD$1718 (HIGH YESTERDAY $1730) RES 28000-28100/SILVER$33.30(HIGH YESTERDAY$33.80) RES 57000-57600,EXP OPEN MCX ARD RES/CRUDE$100,COPPER TRADES OFF HIGHS OF YESTERDAY EXP OPEN ARD RES 426-427/WATCH OUT INR OPEN/

Thursday, January 26, 2012

UPDATE AT 5PM: GOLD$1720 MCX ARD 28000 SILVER$33.45 MCX ARD 57000/CRUDE$100.10 UP OVER 50 CENTS//BASE METALS TRADE UP ARD 1% COPPER MCX ARD 426-427/

MARKET ALERT ON JAN 26 THURSDAY 7.00 AM IST

Good Morning : Jan 26 Th Wishing All Readers a Happy Republic Day /

US FED Keeps intrest rates unchanged and pledges

near 0% intrest rate regime till 2014,

Acknowledges small growth of economy and employment/

Bullions Zoom

/Gold cmp$1709 High $1713/

MCX Res 28100 /support27530/

silver $33.10 ,High$ 33.29 /

MCX Res 57000 /Support 55500 /

Crude $ 99.7 Res5050 /support 4930 ,

Copper Res 426.80/support 418/

Nickel Res 1060 .Support 1010/

Zinc Mini and Lead Mini as advised buy on dips

Wednesday, January 25, 2012

TECHNICALS FOR NYMEX TRADE FOR JAN 25 2012

WEDNESDAY

TRADING LEVELS FOR EVENING SESSION

S1 RS 54600 , S2 RS 53880 , S3 R S53460

R1 RS 55560 , R2 RS 55980 , R3 RS 56480

WAIT FOR CONFIRMATION

MCX SILVERM FEB APPT2 AT 54800 CMP 54830..SELLS AT 55450/

mcx silverm feb app t2 at 54800 cmp 54900..sells at 55450/book max profits /

MCX SILVERM FEB T 1 ACH AT 55100 LOW 55060 SELLS AT 55450..BOOK FURTHER..OR LOW RISK TRAIL SL ARD COST/

MCX SILVERM FEB AT LOW 55260 SELLS BELOW 55450..BOOK FURTHER/

MCX SILVERM FEB BOOK PART PROFITS AT 55330 SELLS BELOW 55450/

Sell SilverM Feb below 55450 and at 55650 SL above 55800 T1 55100 T2 54800

UPDATES FOR JAN 25 2012

WEDNESDAY

TRADING LEVELS FOR MORNING SESSION

MCX MARCH SILVER

S1 RS 54800 , S2 RS 53900 , S3 RS 53100

R1 RS 56300 , R2 RS 57200 , R3 RS 58500

GM JAN 25>>US FED MEET OUTCOME LATE TONITE..TRADE LESS AS MKTS WILL BE SIDEWAYS AND CHOPPY/GOLD$1667 SUPP 27250 RES 27530/SILVER$32.18 SUPP 55000 RES 56150 OPENS FLAT TO MARGINALLY DOWN/CRUDE$99.26 SUPP 4920 RES 5050 OPENS FLAT/COPPER OPENS UP MCX ARD 423.50 RES 426.80 SUPP 416-414/NICKEL SUPP 1010 RES 1035-45/ZINCM POS RES 106.50 SUPP 104.50/LEADM SUPP 110.50 RES 112.50-113/

Tuesday, January 24, 2012

MARKET ALERT ON JAN 24 TUESDAY 9.20 PM IST

MCX Feb Silver Traders Holding longs average 2 lots at Rs 55550 ,

Book part profits at cmp Rs 55800

MARKET ALERT ON JAN 24 TUESDAY 7.00 PM IST

MCX Feb Silver Mini Traders Who have entered longs

at second levels 55400 can book part profits at

cmp Rs 55625 .

MCX SILVERM FEB SHOWS FURTHER WEAKNESS BELOW 55500 WITH RES NOW ABV 55750 AND CLD TEST SUPPORTS 55250-55100//LEVELS//

TECHNICALS FOR NYMEX TRADE FOR JAN 24 2012

TUESDAY

TRADING LEVELS FOR EVENING SESSION

S1 RS 55180 , S2 RS 54650 , S3 RS 54100

R1 RS 56100 , R2 RS 56680 .R3 RS 57200

WAIT FOR CONFIRMATION

inr trades below 50rs/$... fed meet in us till tomorow night ,exp outcome and announcements late night jan 25,wednesday/next moves in mkts after this only, till then exp thin volumes and sideways trades/hold minimum lots/

MARKET ALERT ON JAN 24 TUESDAY 2.10 PM IST

MCX Feb SilverMini Update :

Facing Strong Res above Rs 56000 with

imme support seen at Rs 55500 / 55250 .

Traders still holding longs protect podsitions

or hold with strict sl

mcx silverm feb book further profits at 55930..buys ard 55700/

mcx silverm feb book part profits at 55850 buys at 55700/

Buy SilverM Feb above 55700 and at 55400 SL below 55200 T1 56200 T2 56400.

UPDATES FOR JAN 24 2012

TUESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 54800 , S2 RS 53900 , S3 RS 53100

R1 RS 56300 ,R2 RS 57200 , R3 RS 58500

WAIT FOR CONFIRMATION

MCX SILVER PREMARKET UPDATES

GM JAN 24/ RBI CREDIT POLICY AT 11 AM TODAY,WL DECIDE NEXT MOVE OF INR/GOLD$1677 RES 27650 SUPP 27380 SILVER$32.38 RES 56500 SUPP 55000 BULLIONS OPEN FLAT/CRUDE$99.50 RES 5050-70 SUPP 4960/COPPER OPENS FLAT RES 423-426.50 SUPP 418-416/ZINCM LEAD POSITIVE ZINCM SUPP 100.50 RES 103.50 LEADM SUPP 109 RES 112-113 NICKEL SUPP 1010 RES 1030/US DOLLAR INDEX 79.80/NAT GAS OPENS POSITIVE ARD 1%/

Monday, January 23, 2012

TECHNICALS FOR NYMEX TRADE FOR JAN 23 2012

MONDAY

TRADING LEVELS FOR EVENING SESSION

S1 RS 55900 , S2 RS 55450 , S3 RS 54940

R1 RS 56700 , R2 RS 57140 , R3 RS 57540

MCX SILVERM FEB AT HIGH 56453 BUYS ARD 55900( 2 LOTS) BOOK FURTHER /NEXT RES AT 56500-600/

MCX SILVERM FEB T1 ALMOST ACH AT 56400 CMP 56360..BUYS AT 55900*( 2LOTS)

MCX SILVERM FEB BOOK FUTHER PROFITS UPTO 56250-270/BUYS AT 55900( 2LOTS)/

MCX SILVERM FEB BOOK PART PROFITS AT 56150..BUYS AT 56000 AND ARD 55750-770/

MCX SILVERM FEB LOW AFTER CALL 55770 OUR BUY SECOND LEVEL 55750..TRADERS HOLDING BUYS ARD SECOND LEVEL,BOOK PART PROFITS AT 56000-56030..STRONG RES SEEMS ARD 56100/

Buy SilverM Feb around 56000 and at 55750 SL below 55500 T1 56400 T2 56800.

UPDATES FOR JAN 23 2012

MONDAY

TRADING LEVELS FOR MORNING SESSION

MCX MARCH

SILVER

S1 RS 55063 , S2 RS 54583, S3 RS 54111

R1 RS 56163 , R2 RS 56652 , R 3 RS 57315

UPDATES FOR JAN 23 2012

MONDAY

TRADING LEVELS FOR MORNING SESSION

MCX MARCH

SILVER

S1 RS 55063 , S2 RS 54583, S3 RS 54111

R1 RS 56163 , R2 RS 56652 , R 3 RS 57315

GM,JAN23..BULLIONS OPEN HIGHER GOLD$1668 RES 27650 SUPP 27200/SILVER$32.33 RES 56000 SUPP 54500 EXP OPEN NEAR RES ,WATCH OUT INR OPEN/CRUDE$98 SUPP 4950 RES 5050 OPENS FLAT/COPPER OPENS FLAT SUPP 414 RES 423-426.60/LEAD,ZINC,NICKEL POSITIVE WEEKLY BASIS/US DOLLAR INDEX 80.35/CHINESES MKTS CLOSED THIS WEEK/

Saturday, January 21, 2012

GM MKTS CLOSE WEEK ENDED JAN 20:BULLIONS CLOSE AT HIGHS GOLD$1666 LTP 27470 LOW LAST NIGHT 27250.RES NOW 27650 SUPP 27200/SILVER$32.15LTP 54850 HIGH 55024 SUPP NOW 54300 RES 55200-500/US FED MEET NEXT WEDNESDAY,MKTS UNCLEAR IF ANY NEW QE3 STIMULUS PACKAGE WILL BE ANNOUNCED??/

Friday, January 20, 2012

MCX SILVERM FEB CURRENTLY FACING STRONG RES AT 53800-54000..NEXT UPMOVE ON SUSTAINED BREAK OF ABV LEVELS..SUPPORT NOW SEEN AT 53200- 53000//LEVELS//

Gold dollar trading narrow, more buying could come above 1660$ on hold. Silver dollar looks positive till 31$ and sup seen at 30.5$.

UPDATES FOR JAN 20 2012

FRIDAY

TRADING LEVELS FOR MORNING SESSION

MCX MARCH SILVER

S1 RS 52800, S2 RS 52300 , S3 RS 51850

R1 RS 53800 , R2 RS 54400 , R3 RS 55100

GM JAN 20: GOLD$1655 SUPP 27280 RES 27530/ SILVER$30.55 SUPP 52900 RES 53850-54200/CRUDE$100.50 FLAT/COPPER HOLDS AT HIGHS MCX ARD 424.50 RES 426-428 SUPP 420.50-420/NICKEL RES 1020-28 SUPP 988/LEAD POSITIVE RES 109.60 SUPP 107.50/ZINC RES 102.50 SUPP 101/

Thursday, January 19, 2012

MARKET ALERT ON JAN 19 THURSDAY 8.45 PM IST

MCX Feb Silver Mini More Positive above Rs 53550

with support seen below Rs 53280

and Res at Rs 53725 / 850

Levels only

TECHNICALS FOR NYMEX TRADE FOR JAN 19 2012

THURSDAY

TRADING LEVELS FOR EVENING SESSION

S1 RS 53300 , S2 RS 52850 , S3 RS 52400

R1 RS 54180 , R2 RS 54690 , R3 RS 55100

MARKET ALERT ON JAN 19 THURSDAY 2.20 PM IST

MCX Feb Silver Current High Rs 53840 ,

Our Tgt 2 at Rs 53890 ,

Book Further profits and low risk Traders trail sl to cost .

Buys at Rs 53360

MCX SILVERM FEB APP T2 AT 53890 CMP 53760 BUIYS AT 63360..BOOK FURTHER/

MCX SILVERM T1 ACH AT 53660 BUYS AT 53360/

MCX SILVERM FEB T1 ALMOST ACH AT 53660 HIGH 53640 BUYS ABV 53360/ BOOK FURTHER//

MARKET ALERT ON JAN 19 THURSDAY 10.20 AM IST

MCX Feb Silver Mini Approaching Tgt 1 at Rs 53660 ,

Buy was above Rs 53360 ,

Book Further profits .

CMP Rs 53600 ,

current High Rs 53620

MARKET ALERT ON JAN 19 THURSDAY 10.15 AM IST

MCX Feb Silver Mini Low risk Traders Holding Buys

above Rs 53360 cabn book part profits at cmp Rs 53550

TRADING CALL FOR JAN 19 THURSDAY 10.05 AM IST

Buy SilverM Feb above 53360 and at 53120

SL below 52800

T1 53660 T2 53890.

Trade Less.

UPDATES FOR JAN 19 2012

THURSDAY

TRADING LEVELS FOR MORNING SESSION

MCX MARCH SILVER

S1 RS 52800 , S2 RS 52300 , S3 RS 51850

R1 RS 53800 , R2 RS 54400 , R3 RS 55100'

GM JAN 19:BULLIONS TRADE AT HIGHS GOLD$1665 SUPP 27350 RES 27650/SILVER$30.56 RES 53650-950 SUPP 52800 YERDAYS BUY CALL SILVERM AT 53025 HIGH LAST NIGHT 53515/CRUDE $101.48 OPENS HIGHER RES 5155 SUPP 5050,WATCH OUT INR OPEN/COPPER OPENS HIGHER ARD 0.80% MCX ARD 421 RES 422.80 SUPP 416/LEAD POSITIVE CAN BUY ARD 106.80 SL BELOW 105.70 TGT 107.90-108.50/ZINC MILD POSITIVE/NICKEL SIDEWAYS/

Wednesday, January 18, 2012

TECHNICALS FOR NYMEX TRADE FOR JAN 18 2012

WEDNESDAY

TRADING LEVELS FOR EVENING SESSION

S1 RS 52760 , S2 R S52380 , S3 RS 51860

R1 R S53600 , R2 RS 54150 , R3 RS 54680

INR CLOSES STRONGLY AT 50.38( STRONGER BY 35 PAISE TODAY)/

HOLD MINIMAL POSITIONS TILL US OPENS AND TREND EMERGES..BULLIONS RANGE BOUND SILVERM RES AT 53450-460 SUPP 52900/GOLDM SUPP 27430RES 27580/

MCX SILVERM FEB APP T1 AT 53450 CMP 53400 BUYS AT 53025( 2LOTS) BOOK FURTHER

MCX SILVERM FEB CMP 53215 BUYS AT 53025( 2LOTS)

MCX SILVERM FEB BUYS TRIGGERED AT SECOND LEVEL AT 52900..CMP 53125..BOOK PART PROFITS..NOW AVERGE BUYS AT 53025( 2LOTS)

MCX SILVERM FEB STRONG RES AT 53450 AND IF SUSTAINS BELOW 53000 CLD TEST SUPP 52800-600//HOLD ONLY MINIMUM LOTS/

SOME MORE STRENGTHENING IN INR CLD BE EXP..BULLIONS KEEP BOOKING AT EVERY LEVELS RECOMENDED BY US AND PROTECT POSITIONS/

MCX SILVERM FEB HIGH 52409 OUR T1 IS 53450..BUYS ABV 53150/

MCX SILVERM FEB AT HIGH 53360 BUYS ABV 53150..BOOK FURTHER/

MCX SILVERM FEB LOW RISK TRADERS BOOK PART PROFITS UPTO 53280-53300..BUYS ABV 53150/

Buy SilverM Feb above 53150 and at 52900 SL below 52700 T1 53450 T2 53750. Medium Risk.

UPDATES FOR JAN 18 2012

WEDNESDAY

TRADING LEVELS FOR MORNING SESSION

MCX MARCH SILVER

S1 RS 52800 , S2 RS 52300 , S3 RS 51850

R1 RS 53700 , R2 RS 54200 , R3 RS 54900

GM JAN 18:GOLD$1647 SUPP 27430 RES 27850 SILVER$29.98 RES 53830 SUPP 52500, OPENS MARGINALLY LOWER,PLS WATCH INR OPEN ,ANY STRENTHENING OF INR CLD HOLD DOWN BULLIONS//CRUDE$101.20 OPEN UP RES 5155 SUPP 5060/COPPER OPENS MILD DOWN SUPP 417.50-RES 423.80/LEADM ZINCM POSITIVE/US DOLLAR INDEX 80.95//

Tuesday, January 17, 2012

GOVT ANNOUNCES NEW POLICY IN GOLD/SILVER IMPORTS..GOLD IMPORT DUTY NOW AT 2% AND SILVER IMPORT DUTY AT 6%// INR APPRECIATES AFTER THIS ANNOUNCEMENT/

UPDATES FOR JAN 17 2012

TUESDAY

TRADING LEVELS FOR MORNING SESSION
MCX MARCH SILVER

S1 RS 51800 , S2 RS 51280 , S3 RS 50600

R1 RS 52800 , R2 RS 53400 , R3 RS 53980

GM JAN 17: BULLIONS OPEN SHARPLY HIGHER GOLD$1655 RES 27680 SUPP 27400 SILVER$30.22 RES 52650-800 SUPP 51850/CRUDE$99.80 OPENS SHARP HIGHER RES 5170-5200 SUPP 5080/COPPER OPENS UP ARD 0.50% MCX ARD 420 RES 421-424 SUPP 415/US DOLLAR INDEX 81.20/CHINA GDP DATA MARGINALLY LOWER,INDUSTRIAL OUTPUT UP/

Monday, January 16, 2012

MCX SILVERM FEB AT HIGH 52499 BUYS AT 52200..BOOK FURTHER OR LOW RISK TRAIL SL ARD COST/RES AT 52600-650/

MCX SILVERM FEB T1 ACH AT 52450/BUYS AT 52200/CMP 52460/

MCX SILVERM FEB HIGH 52385 BUYS ARD 52200.BOOK FURTHER,OUR T1 IS 52450/

BUY SILVERM FEB AT 52200 SL BELOW 51900 TGT 52450-600/

UPDATES FOR JAN 16 2012

MONDAY

TRADING LEVELS FOR MORNING SESSION

MCX MARCH SILVER

S1 RS 51640 , S2 RS 51159 , S3 RS 50687

R1 RS 52739 , R2 RS 53228 , R3 RS 53893

GM JAN16: GOLD$1640 SILVER$29.61 OPENS FLAT/CRUDE$98.82 SUPP 5060 RES 5150 OPENS FLAT/COPPER OPENS MILD DOWN SUPP 410 RES 418-421/US DOLLAR INDEX 81.50/S ANDP DOWNGRADES 9 EUROZONE NATIONS..CLD AFFECT SENTIMENT/COMEX US MKTS HOLIDAY TODAY/

Friday, January 13, 2012

TECHNICALS FOR NYMEX TRADE FOR JAN 13 2012

FRIDAY

TRADING LEVELS FOR EVENING SESSION

S1 RS 51800 , S2 RS 51300 , S3 RS 50600

R1 RS 52650 , R2 RS 53000 , R3 RS 53450

MCX SILVERM FEB NEXT WEAKNESS BREAK BELOW 52000 RES ABV 52450/ COPPER RES 418.50 AND SUPP 411/LEVELS ONLY/LEADM BREAK BELOW 103.70 CLD TGT 103-102 RES ABV 105.40/LEVEL/

MCX SILVERM FEB T1 ALMOST ACH AT 52000 LOW 52020..SELLS AT 52350/BOOK FURTHER /

MCX SILVERM FEB AT LOW 52100 SELLS RECO AS LEVELS HIGH RISK BELOW 52350/BOOK FURTHER PROFITS/ T1 IS 52000/

MCX Feb Silver Mini Traders Holding sells below 52350 can book part profits upto Rs 52200 ,

MARKET ALERT ON JAN 13 FRIDAY 4.10 PM IST

Silver looks weak below 52350 to test 52000 - 51700 levels

with Res seen above 52600

Levels for High Risk Traders

MARKET ALERT ON FRIDAY 3.50 PM IST

MCX Feb Silver Mini Looks weak below Rs 52260

with Res is seen above Rs 52600

and supports at Rs 51950 / 51650 ,

Levels For Traders .

cmp Rs 52405 ,

MCX SILVERM FEB RES STRONG AT 52600 AND SUPPORTS 52000-51700/LEVELS/

UPDATES FOR JAN 13 2012

FRIDAY

TRADING LEVELS FOR MORNING SESSION

MCX MARCH SILVER

S1 RS 52450 , S2 RS 51800 , S3 RS 51150

R1 RS 53460 , R2 RS 54100, R3 RS 54900

INR OPENS STRONGER ARD 20 PAISE AT 51.40/CLD HOLD COMMODITIES DOWN ESP BULLIONS AND CRUDE/

GM JAN 13:BULLIONS TRADE MILD LOWER GOLD$1642 SUPP 27530 RES 27830/SILVER $30.08 SUPP 52200 RES 53500/WATCH OUT INR OPEN//CRUDE$99.50 EXP LOWER OPEN SUPP 5200-5180 RES 5280-5320/COPPER OPENS MILD LOWER RES 418-421 SUPP 414/NICKEL SUPP 1007 -996RES 1025-1031/LEADM SUPP 103 RES 105.80-106/US DOLLAR INDEX 80.80//

Thursday, January 12, 2012

MCX SILVERM FEB AT HIGH 53415..BUYS AT 52900 BOOK FURTHER/

MCX SILVERM FEB T1 ACH AT 53300 BUYS AT 52900/
LOW RISK TRAIL SL TO COST IF NOT BOOKED/

MCX SILVERM FEB APP T1 AT 53300 ..BUYS AT 52900..CMP 56200/BOOK FURTHER/

MCX SILVERM FEB AT HIGH 53150 BUYS AT 52900..BOOK FURTHER

MCX Feb Silver Mini Low risk Traders Holding Longs above Rs 52900 can book part profits at 53010-30/

TRADING CALL FOR JAN 12 THURSDAY 2.20 PM IST

Buy SilverM Feb above 52900 and at 52800

SL below 52650

T1 53300 T2 53600.

Trade Less

MCX SILVERM FEB .STRONG SUPPORT SEEN AT 53350 LEVELS RES 53000-53200..BUYS ON DIPS RECOMENDED POSITIVE ABV 52700----/

UPDATES FOR JAN 12 2012

THURSDAY

TRADING LEVELS FOR MORNING SESSION

MCX MARCH SILVER

S1 RS 52100 , S2 RS 51600 , S3 RS 50900

R1 RS 53050 , R2 RS 53800 , R3 RS 54500

GM JAN 12:BULLIONS TRADE POSITIVE GOLD$1643 GOLDM FEB SUPP 27530 RES 27750-820/SILVER$30SUPP 52200 RES 53000/CRUDE$101.27 SUPP 5250 RES 5320/COPPER OPENS MARGINALLY DOWN SUPP 404 RES 408-409/NICKEL SUPP 996 RES 1015/ZINCM RES 100.60 SUPP 99/ALUM POS SUPP100.40 RES 112-113/DOLLAR INDEX 81.29/

Wednesday, January 11, 2012

TECHNICALS FOR NYMEX TRADE FOR JAN 11 2012

WEDNESDAY

TRADING LEVELS FOR EVENING SESSION

S1 RS 52350 , S 2RS 51900 , S3 RS 51550

R1 RS 53100 , R2 RS 52480 , R3 RS 53960

UPDATES FOR JAN 11 2012

WEDNESDAY

TRADING LEVELS FOR MORNING SESSION

MCX MARCH SILVER

S1 RS 52100 ,S2 RS 51400 , S3 RS 50600

R1 RS 52500 , R2 RS 54100 ,R3 RS 54800

GM JAN 11:GOLD$1635 SUPP 27430 RES 27660-730 SILVER$30 SUPP 52300-51900 RES 53000 AS STRENGTHENING IN INR YESTERDAY BY 80 PAISE TO 51.70 HELD BACK BULLIONS, GOLD SEEING STRONG RES AT $1640/CRUDE$101.77 STRONG RES $103.60 MCX SUPP 5270 RES 5360/COPPER SUPP 397 RES 405/NICKEL SUPP 996 RES 1018-1020../

Tuesday, January 10, 2012

MCX SILVERM FEB TRADES AT RES 52900-53000 BREAK ABV IF SUSTAINS CLD TGT 53200-400 WITH SUPPORT NOW AT 52640/LEVELS/

TECHNICALS FOR NYMEX TRADE FOR JAN 10 2012

TUESDAY

TRADING LEVELS FOR EVENING SESSION

S1 RS 51680 , S2 R S51200 , S3 RS 50780

R1 RS 52680 , R2 RS 53100 , R3 RS 53560

MARKET ALERT ON JAN 10 TUESDAY 4.00 PM IST

MCX Feb Silver Mini Our Tgt 2 achieved at Rs 52500 ,

current High Rs 52499 ,

Buys above Rs 52000 .

Book Full Profits .

MCX SILVERM FEB HIGH 52340 BUYS AT 52000..BOOK FURTHER,LOW RISK TRAIL SL ARD COST/

MCX SILVERM FEB T1 ACH AT 52250 HIGH 52245 BUYS AT 52000/

MCX SILVERM FEB AT HIGH 52170 BUYS AT 52000..BOOK FURTHER/

MCX SILVERM FEB BOOK PART PROFITS UPTO 52120-..BUYS AT 52000/

MCX COPPER FEB UPDATE: STRONG RES AT 402-402.50 ONLY A BREAK ABV THIS MORE POSITIVE/SUPPORT STRONG 397 BREAK BELOW WL SEE MORE BEARISHNESS/AS ADVISED SILVERM UNABLE TO BREAK ABV RES 52070-52100..HOLD ONLY MINIMUM LOTS./

MCX SILVERM FEB FACES STRONG RES ARD 52070-52100 LEVELS..NEXT UPMOVE BREAK ABV THIS..SUPP AT 51800-600..TRDAE LESS WITH MINIMUM LOTS ONLY/

Trades advised to trade less with Strict SL as market trading range bound as differnce between Dollar Prices and INR....

Buy SilverM Feb above 52000 SL below 51800 T1 52250 T2 52500

GM JAN 10:GOLD$1616 SUPP 27450 RES 27760/ SILVER$29.06 RES 52350 SUPP 51500/BULLIONS OPEN MILD POSITIVE ,WATCH OUT INR/CRUDE$101.55 SUPP 5270 RES 5350/COPPER OPENS FLAT RES 402.50 SUPP 397,NEXT WEAKNESS BREAK BELOW 397/NICKEL RES 1008-1010 SUPP 978/LEADM RES 104.70 SUPP 103-101.60/ZINCM RES 98.70 SUPP 96.40-96/DOLLAR INDEX 80.94/

Monday, January 9, 2012

TECHNICALS FOR NYMEX TRADE FOR JAN 9 2012

MONDAY

TRADING LEVELS FOR EVENING SESSION

S1 RS 51400 , S2 RS 50900 ,S3 RS 50460

R1 RS 52350 , R2 RS 52780 , R3 RS 53200

MCX SILVERM FEB STILL REMAINS MILD WEAK BELOW 52000 WITH RES NOW ABV 53350 AND SUPPORTS 52700-500/

MCX SILVERM UPDATE: STRONG RES AT 52000.. DOLLAR TERMS SEEING SMALL RALLY UPSIDE..INR TRADES SIDEWAYS..TRADERS ADVISED HOLD MINIMUM LOTS..CMP 52900/

MARKET ALERT ON JAN 9 MONDAY 10.40 AM IST

MCX Feb Silver Mini Low risk Trader sHolding sells

at Rs 51550 can book part profits

up to Rs 51400 cmp Rs 51414

TRADING CALL FOR JAN 9 MONDAY 10.15 AM IST

Sell SilverM Feb between 51550 - 51650

and at 51850

SL above 52100

T1 51100 T2 50800.

Medium Risk.

UPDATES FOR JAN 9 2012

MONDAY

TRADING LEVELS FOR MORNING SESSION

MCX MARCH SILVER

S1 RS 51360 , S2 RS 50880 , S3 RS 50408

R1 RS 52460 , R2 RS 52949 , R3 RS 53614

GM JAN 9:GOLD OPENS LOWER $1608(DOWN ARD 10$)SILVER$28.80RES 52800 SUPP 51500-51000 TRADES FLAT/CRUDE$101.13 DOWN ARD RS 15-20/COPPER OPENS LOWER OVER 1% MCX ARD 398 STRONG SUPP AT 397 RES NOW AT 405.50/WATCH OUR INR OPEN/

Friday, January 6, 2012

MCX SILVERM FEB TAKING STRONG SUPPORT AT 52400 LEVELS..LOW RISK TRADERS ADVISED HOLD MINIMUM LOTS OR PROTECT POSITIONS CMP 52550..

MRKT ALERT

Buy SilverM Feb above 52700 SL below 52400 T1 53000 T2 53400. Trade Less.

TRADING CALL FOR JAN 6 FRIDAY 1.00 PM IST

Buy SilverM Feb above 52700

SL below 52400

T1 53000 T2 53400.

Trade Less

Gold remains positive to test 28000 - 28100 levels, Silver also could move up around 53000 - 53500 again and sup seen around 52200 levls...Watch out INR...

UPDATES FOR JAN 6 2012

FRIDAY

TRADING LEVELS FOR MORNING SESSION

MCX MARCH SILVER

S1 RS 52100 , S2 RS 51100 , S3 RS 50600

R1 RS 53800 , R2 RS 54300 , R3 RS 54900

Thursday, January 5, 2012

MCX SILVERM FEB MORE WEAKNESS BELOW 51900 WITH RES ABV 52550 AND CLD TGT SUPPORTS 51700-500-300/LEVELS FOR HIGH RISK TRADERS/

MCX SILVERM FEB CURRENT RES ABV 52880 AND SUPPORTS 52400-150/LEVELS/STRENGHTHENING OF INR HAS PULLED DOWN BULLIONS THOUGH IN DOLLAR TERMS AT SAME LEVELS/

MRKT ALERT

SilverM strong res at 53000, as INR appreciating caution advised on longs, Keep strict SL...

MCX SILVERM FEB AT HIGH 53000 BUYS ABV 52700 BOOK FURTHER OUR T1 IS 53100

MCX SILVERM FEB BOOK PART PROFITS UPTO 52900 BUYS ABV 52700/

Buy SilverM Feb aabove 52700 SL below 52400 T1 53100 T2 53500

UPDATES FOR JAN 5 2012

THURSDAY

TRADING LEVELS FOR MORNING SESSION

MCX MARCH SILVER

S1 RS 52100 , S2 RS 51700 , S3 RS 50900

R1 RS 53800 , R2 RS 54300 , R3 RS 54900

GM JAN 5: GOLD$1615 TRDAES POSITIVE HOLD POSITIONAL BUYS AT 27530 AS PER CALL FROM JAN 3/SILVER$29.30 SUPP 51900 RES 53200-500/CRUDE$103.07 TRADES POS HOLD BUYS AS PER LEVELS LAST NIGHT/COPPER OPENS MILD POS RES 406-408 SUPP 400/DOLLAR INDEX 80.20/STRONGER US DOLLAR LAST EVENING PULLED DWON COMM AFTER EURO CRISIS WEIGHS MKTS AGAIN/

Wednesday, January 4, 2012

MCX SILVERM FEB CMP 53100 AVEARGE BUYS AT 52600(2 LOTS)/MCX GOLDM FEB T1 ACH AT 27800 AVERAGE BUYS AT 27645( 2LOTS)

MCX SILVERM FEB AT 52950 BUYS AT 52600( 2 LOTS) BOOK FURTHER//MCX GOLDM FEB AVERAGE BUYS AT 27645 BOOK FURTHER AT 27750/

MCX SILVERM FEB AVERAGE BJUYS AT 52600( 2LOTS) BOOK FURTHER PROFITS AT 52800/

MCX SILVERM FEB TRADERS HOLDING BUYS AT SECOND LEVEL 52450 BOOK FURTHER PROFITS UPTO 52700/

MCX SILVERM FEB UPDATE: RES NOW SEEN ABV 52850 AND SUPPORTS 52250-51900../LEVELS/

TECHNICALS FOR NYMEX TRADE FOR JAN 4 2012

WEDNESDAY

TRADING LEVELS FOR EVENING SESSION

S1 RS 52600 , S2 RS 52180 , S3 RS 51600

R1 RS 53480 , R2 RS 54100 , R3 RS 54650

WAIT FOR CONFIRMATION

INR APPRECIATES INTRADAY CMP ARD 52.95 HIGH MORNING 53.20..IMPACT: SMALL DOWN SIDE SEEN IN DOLLAR DENOIMINATED COMMODITIES..

MCX SILVERM FEB NOW TRADEES SIDEWAYS WITH MILD CORRECTIONS BIAS RES AT 53250 AND SUPPORTS52850-52700/

MCX SILVERM FEB HIGH 53440 BUYS AT 52750..T1 ACH AT 53400/LOW RISK TRAIL SL ARD COST/MCX GOLDM FEB CMP 27846 BUYS AT 27675..YESTERDAYS POSITIONAL BUYS AT 27530 BOOK FURHER/

MCX SILVERM FEB T1 ALMOST ACH AT 53400 BUYS AT 52750/CMP 53390/

MCX Feb Silver Mini Buy given around Rs 52750 , Our Tgt 1 at Rs 53400 , CMP Rs 53260/book further/

MCX SILVERM CMP 53180 BUYS AT 52750 BOOK FURTHER/

MARKET ALERT ON JAN 4 WEDNESDAY 12.15 PM IST

MCX Feb Silver Mini Low risk Traders holding buys

at Rs 52750 can book part profits at cmp Rs 52900

TRADING CALL FOR JAN 4 WEDNESDAY 10.10 AM IST

Buy SilverM Feb between 52700 - 52780 and at 52450

SL below 52200

T1 53400 T2 53700.

UPDATES FOR JAN 4 2012

WEDNESDAY

TRADING LEVELS FOR MORNING SESSION

MCX MARCH SILVER

S1 RS 52600 , S2 RS 51900 , S3 RS 51100

R1 RS 53800 , R2 RS 54600 , R3 RS 55300

GM JAN 4:GOLD$1598 SILVER$29.32 OPENS MARGINALLY LOWER RES 53600-800 SUPP 52500-51900/CRUDE$102.80 ,WE HV RECO BUYS DEC THIRD WEEK FOLLOWPOSITIONAL LEVELS GIVEN/COPPER OPENS MARGINALLY LOWER RES 416 SUPP 409.80/NICKEL MORE POS IF SUSTAINS ABV 1010 TILL 1018-1020 SUPP 980/LEADM ZINCM POSITIVE WEEKLY BASIS TILL 113-102.50/

Tuesday, January 3, 2012

MCX SILVERM FEB T3 ACH AT 53200 BUYS AT 52000 BOOK FULL PROFITS

MCX SILVERM FEB T2 ACH AT 52900..POSITIONAL BUYS AT 52000/

MCX SILVERM FEB T2 ALMOST ACH AT 52900 CURRENT HIGH 52870..BUYS AT 52000..BOOK MAX PROFITS//HIGH RISK HOLD FOR T3 AT 53200/

MARKET ALERT ON JAN 3 TUESDAY 9.15 PM IST

MCX Feb Silver Mini Current High Rs 52799 ,

Our Positional buys at Rs 52000 ,

Tgt 2 at Rs 52900 ,

Book Further profits

MARKET ALERT ON JAN 3 TUESDAY 9.00 PM IST

MCX Feb Silver Mini at Day High Rs 52630 ,

Buys at Rs 52000 ,

Book Further profits

TECHNICALS FOR NYMEX TRADE FOR JAN 3 2012

TUESDAY

TRADING LEVELS FOR EVENING SESSION

S1 RS 51860 , S2 RS 51430 , S3 RS 50900

R1 RS 52690 , R2 RS 53280 , R3 RS 53690

WAIT FOR CONFIRMATION

MCX SILVERM FEB T1 ACH AT 52500 POSITIONAL BUYS AT 52000/

MCX SILVERM FEB APP T1 AT 52500 CMP 52414 POSITIONAL BUYS AT 52000/BOOK FURTHER/.

MCX SILVERM FEB AT HIGH 52345 BUYS AT 52000/

MCX SILVERM FEB AT HIGH 52190..BUYS AT 52000/ BOOK FURTHER /

MCX SILVERM FEB LOW RISK TRADERS BOOK PART PROFITS UPTO 52100-120..BUYS AT 52000/

Buy SilverM Feb around 52000 and at 51500 SL below 51200 T1 52500 T2 52900. Positional.

UPDATES FOR JAN 3 2012

TUESDAY

TRADING LEVELS FOR MORNING SESSION

MCX MARCH SILVER

S1 RS 50550 , S2 RS 49800 . S3 RS 49100

R1 RS 51900 , R2 RS 52600 , R3 RS 53400

GM JAN 3:COMM OPEN HIGHER GOLD$1580 MCX HIGHER ARD RS 250; SILVER$28.25MCX UP ARD RS 500/CRUDE$100.30 SHARPLY HIGHER OVER 1% HOLD BUYS AS PER CALLS YESTERDAY AND LAST WEEK/COPPER OPENS UP ARD 1% RES 412-414 SUPP 402/NICKEL SUPP 979 RES 1005-1020/

Monday, January 2, 2012

MCX SILVERM FEB UPDATE: TRADES MARGINALLY WEAK BELOW 51200 WITH RES ABV 51430 AND CLD TGT 50950-50700//LEVELS FOR TRADES/

UPDATES FOR JAN 2 2012

MONDAY

TRADING LEVELS FOR MORNING SESSION

MCX MARCH SILVER

S1 RS 50544 , S2 RS 50064 , S3 RS 49592

R1 RS 51644 , R2 RS 52133 , R3 RS 52798

GM JAN 2: INTERNATIONAL FLOOR MKTS CLOSED TODAY AS OBSERVED NEW YEAR HOLIDAY/LAST CLOSE GOLD $1565 MCX 27329/SILVER$27.81 MCX 51029/COPPER 406 CRUDE5296/