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 :-)

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

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!!