Wednesday 29 February 2012

SILVER

So long as silver remains above that trendline at about $36.40 per ounce in the days ahead, it should continue higher even if after some consolidation.  Below $36.40 per ounce, though, and expect silver to trade sideways between about $32.50 per ounce and $36.40 for days before it will give way to what is a very nice and bearish Rising Wedge in blue.

If silver continues up, it will be in fulfillment of an unmarked bullish Falling Wedge that was detailed as a possibility at the very end of last year and the beginning of this year and a pattern that could take silver to a minimum of $44.20 per ounce.  If silver goes sideways and then down, it will move toward the $26 per ounce target of that Rising Wedge at a minimum.

Levels to watch silver’s recent breakout by, then, are $36.22 and $36.38 per ounce on the downside SO SELLL ON RISE WITH STOPLOSS 61800 FOR TARGET 59000 57800  D0NT MISSS IT

Sunday 26 February 2012

SUGAR

Sugar prices bounced from the support of Rs2,850 and tested the psychological resistance of Rs2,900 before settling marginally lower last week.

For the short run, Rs2,920 acts as an immediate resistance for the prices to stage a comeback.

Considering the ability of the prices to hold on the support zone of Rs2,850-2,825 in recent times, prices could exhibit mixed tone with positive bias.

NICKEL

MORNING LEVELS FOR 27/2/2012

S1 RS 972 , S2 RS 963 , S3 RS 954.80

R1 RS 993 , R2 RS 1004 , R3 RS 1014

NATURAL GAS

MORNING LEVLS FOR 27/2/2012
S1 RS 125.70 , S2 RS 123.10 , S3 RS 121

R1 RS 130.30 , R2 RS 132.50 , R3 RS 135.10
COPPER MORNING LEVELS 27/2/2012
S1 RS 411.30 , S2 RS 409.10 , S3 RS 406.50

R1 RS 415/20 , R2 RS 418 , R3 RS 420.60

CRUDE

CRUDE MORNING LEVSL FOR27/2/2012
S1 RS 5319 , S2 RS 5300 , S3 RS 5276

R1 RS 5364 , R2 RS 5390 , R3 RS 5409

GOLD

TRADING LEVELS FOR MORNING SEESION 27/12/2012

S1 RS 28600 , S2 RS 28480 , S3 RS 28290



R1 RS 28890 , R2 RS 29050 , R3 RS 29200

SILVER

TRADING LEVELS FOR MORNING SESSION

MCX MARCH SILVER


S1 RS 58010 , S2 RS 57300 ,S3 RS 56400


R1 RS 59300 , R2 RS 60100 , R3 RS 61200

NIFTY

2009----nifty went from 2540 to 4692 after 13th march/friday in 3 months.2010------nifty went to 6340 from 4786after 13th august/friday.2012-------nifty started going ahead of 13th jan/friday but doing same thing and 3 months are not yet over.can give 7 more example since 1979.FRIDAY/THE 13TH IS BELIEVED TO BE VERY AUSPIOUS IN WESTERN WORLD.