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.
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.
Great call sir, thanks for the call
ReplyDeleteSir should i short lead again at this price, i covered earlier one.
ReplyDeletesell -- 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.
DeleteThanks sir... I buy@ 43900 but after read ur comment i sell it@ 42380..sir plz guide for future
ReplyDeleteRakesh , I have nothing to say in this situation.
Deleteok..thanks again
ReplyDeleteSir daily update
ReplyDeleteI 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
DeleteThanks for sharing this information with us
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ReplyDelete