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

Friday, September 3, 2010

Gold & Silver Update

Dear Friends




Gold & Silver are trading in a small range for past two days.. 


Today expect high volatility & Profit booking may be seen by evening session..


Gold resistance seen @ 1256$ Silver @ 19.7-8$


Expecting 1245-35$ in gold &  19.2-3$ in silver.






Happy Trading :)


Jai Jinendra!!

Thursday, September 2, 2010

US Jobless Claims Data Update

Initial jobless claims fell by 6,000 to 472,000 in the week ended Aug. 28, in line with the median forecast ---Productivity in U.S. Falls More Than First Estimated, Labor Costs Increase. The measure of employee output per hour dropped at a 1.8% annual rate, twice the 0.9% decrease initially calculated & the biggest decline in almost 4 years. Unit labor costs were projected to rise 1.2%.