Friday, September 10, 2010

Admit your Mistakes & Errors

Admit your mistakes and errors
One reason Hitler lost World War II was that he did not fully understand the situation. Bearers of bad news were punished. Soon no one dared tell him the truth. Not knowing the truth, he could not act appropriately.

Many of us are individually guilty of the same error. We do not like to admit to ourselves our mistakes, errors, shortcomings, or ever admit we have been in the wrong. And because we will not see the truth, we cannot act appropriately. 

Someone has said that it is a good exercise to daily admit one painful fact about ourselves to ourselves. 

Look for and seek out true information concerning yourself, your problems, other people, or situation, whether it is good news or bad news. 

Adopt the motto – “It doesn’t matter who’s right, but what’s right.”

Admit your mistakes and errors but don’t cry over them. Correct them and go forward. In dealing with other people try to see the situation from their point of view as well as your own.




Best Wishes !
Jai Jinendra

Wednesday, September 8, 2010

Silver Spot


Silver Spot

The market has breached the two years high of $.19.81 (C1) and today’s Bull Run has confirmed bullish undertone as price is holding above $ 19.81 (T1).This breach was important as it would now give momentum to the prices to test $ 20.50 (T2) in few trading session.
We recommend to hold or to add to the existing longs targeting $ 20.50. A stop could be placed at a closing below $19.50.


Strategy – Go long targeting $ 20.50 - 21 with the stop loss closing below $ 19.40.


Best Wishes

Jai Jinendra :-)

Tuesday, September 7, 2010

Silver @ 31500... Now What??

Silver @ 19.99$ Ounce... Almost made top...


If not cross & close above 20.10$ today... Expect Profit booking upto 18.97$


A 1000 Point Dip in INR. Expected..


CMP 31500. Resistance @ 31567-72.


Once Breaks 31240 expect panic selling all over... upto 30600... If break this then...??






Keep Updated!


Jai Jinendra