sell silver @ cmp 40360 with the sl of 40700 for the tgt below 40000.
Update 1 , 12.47 pm, 14 th mar,
daily chart, silver.
silver broke major support of 40500, it sustained below it for few hours. Now next tgt is Rs 38,300. Jay Shriram.
You can read full technical analysis on investing.com site, I wrote there, lack of time I have, so link is here .... https://in.investing.com/analysis/silver-broke-major-support-of-41500,-moving-towards-38300-mark-200178753?
You can read full technical analysis on investing.com site, I wrote there, lack of time I have, so link is here .... https://in.investing.com/analysis/silver-broke-major-support-of-41500,-moving-towards-38300-mark-200178753?
Update 2, 01.02, 15th Mar 2017.
Today silver price hit our first tgt which is below 40000 mark. see the chart, next is rs 39,500. We are using trailing sl method to protect profits. Jay Shriram.
Update 3 , 09.45, 16th Mar 2017.
Sudden spike in comex silver, is up in late trading. I dont know what was actually happen ? May be some contract change or something else. Searching for it. candles are showing comex silver and line is showing mcx silver price. thank you. The 25 bps rate hike—from 0.75% to 1%—by the US Federal Reserve signals more vigilance as inflation approaches its target
Sudden spike in comex silver, is up in late trading. I dont know what was actually happen ? May be some contract change or something else. Searching for it. candles are showing comex silver and line is showing mcx silver price. thank you. The 25 bps rate hike—from 0.75% to 1%—by the US Federal Reserve signals more vigilance as inflation approaches its target
silver gap, update 4, 17th Mar, 11.38 am
You can see gap up opening on this 4 hourly mcx silver chart. This gap is created because of the Fed rate hike event. Banks and hedge funds were with the strategy of ," sell on rumors & buy on facts." This strategy push up price heavily on comex. But it interesting to see that if the price can maintain the gain ?.
Gap shown in ellipse. Half of gap is filled by price. Lower end of this gap is placed at 40100 mark. If silver price break this mark downward, only then it entered in perfect bearish teritorry . Till then it can move here and there, trying to consolidate itself.
Thanks for the call sir
ReplyDeleteha ha , Gagan, you are catching all the silver call's.
DeleteDear sir, firstly i wiah to convey my sincere thanks to you for your valuable guidance in this forum. I am a new commer in this feild and wish to learn the study behaviour of charts... i will feel happy if u pls add me in your whats app list... my no. is 8574068464.... looking forward to chat you in detail..
ReplyDeleteDear vinesh, in the right hand side bar, in a section about me, below my photo, there is my email adress. write to me, I will answer your each question. thanks. Jay Shriram.
DeleteDear Vinesh, subscribe this blog by email, follow me on twitter and google+ for getting info of latest updates in time. This blog is free and will remain free always.
DeleteThanx for reply sir... how can i catch u in twitter?? Means in which name i may find u?
ReplyDeleteat the end of this page or on your right hand of the screen there are 3 symbols, subscribe by email, follow on twitter and follow on google+. just enter email id there and follow the instruction of feedburner. click on twitter symbol and follow the instructions. its very simple and free.
Deletethanks sir for your call
ReplyDeletefollow me on twitter, google+ and subscribe through email for free updates
Deletei sell @cmp 40250 n i will wait till 38300...i hv full faith in u sir..ur last call of silver perfectly hit but i missed than one after that i was waiting for ur call for silver
ReplyDeletesir i have full faith in ur research and following your calls
ReplyDeleteSir, any new update for today pls....
ReplyDeletefirst of all , silver will hit 39500, use trailing sl method. we are in profit, protect it. if you have any querry write to me by mail
DeleteThank u sir
ReplyDeleteSir silver points r going up.. Give some direction what to do
ReplyDeleteAny new update sir?
ReplyDeletehmm, it is falling again after hitting sl of majority traders.
DeleteSir any update on silver
ReplyDeleteyesterday night fed rate hike destroy my all technical's. I am amazed and frustrated.hope it is short time spike. At the moment everything including silver is falling again very sharply. But many people lost money. I am feeling shameful. I couldn't do anything about this rate hike effect. actually rate hike press the bullions down.
DeleteSir, no need to feel bad, it is all part of the game. I hv full confidence and beleive in ur study.
ReplyDeleteSir, we have a faith on u... truely speaking yesterday i had closed my position by thinking that i dnt have much risk taking capacity... and finally i was safe from this upside movement... but requesting u to kindly update us time to time... in this forum i really admire by the way u give the target by the way of technical apecification....otherwise this group is full with some chattet box who r misguiding the ppl... once again sir, pls keep updating for us...
ReplyDeletemoney matters, loss is loss. may be ,it is because of fed rate hike event or something. technical analysis can't avoid this. hmm
Delete