Tuesday, 7 March 2017

sell silver @ cmp 42380

sell silver @ cmp 42380 for the tgt of 41600 with the sl 42,900. Jay Shriram.

You can see that, silver is in down trend. and recent up move towards 42790 was just a reaction or retracement of fall. On down side, there is a support of 41980 and after that, only support placed @ around 41,500, which is shown in the second chart. ( silver daily ). 
This is only for study purpose. If you like it, then subscribe through email, follow me on twitter and google+ for timely updates. You can trade it on paper only and enjoy it. Jay Shriram.


update 1 , 08.45 pm, 7th Mar.

Friends I booked whole profit at cmp 41930 and exited the trade. 

Update 2 --- tgt achived. 8th March

10 comments:

  1. Great call sir, thanks for the call

    ReplyDelete
  2. Sir should i short lead again at this price, i covered earlier one.

    ReplyDelete
    Replies
    1. sell -- buy again sell again buy again sell again buy, your broker is going to be richest man in industry, ha ha . yes you can sell it . use any upward movement and sell it. hold the position for many days.

      Delete
  3. Thanks sir... I buy@ 43900 but after read ur comment i sell it@ 42380..sir plz guide for future

    ReplyDelete
    Replies
    1. Rakesh , I have nothing to say in this situation.

      Delete
  4. Replies
    1. I am positional trader, trade only when I catch any good chart pattern. subscribe by email, twitter and google + to get timely free updates on various commodities

      Delete
  5. Thanks for sharing this information with us
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    ReplyDelete
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    ReplyDelete