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
Tuesday, September 7, 2010
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!!
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%.
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