ON 9 MAR 2011.....

WE SAW A GOOD DAY TRADING SESSION BCOZ OF HIGH VOLATILITY IN MCX SILVER MINI APR 2011.... IT OPENED AT 53739 MARGINALLY HIGHER THAN PREVIOUSDAY'S CLOSE OF 53570 AND THE LOWEST PRICE ON THE DAY IS 53503..... AND TOUCHES THE HIGH 54475 WHICH IS NEAR TO OUR R1 SUGGESTED YESTERDAY.... AND MANAGES TO CLOSE AT 53966....
TODAY'S SUPPORTING LEVELS ARE 53488, 53009
TODAY'S RESISTANCE LEVELS ARE 54460, 54953

ON 8 MAR 2011.....

WE SAW A GOOD DAY TRADING SESSION BCOZ OF HIGH VOLATILITY IN MCX SILVER MINI APR 2011.... IT OPENED AT 53850 MARGINALLY LOWER THAN PREVIOUSDAY'S CLOSE OF 53882 AND THE LOWEST PRICE ON THE DAY IS 53213..... AND TOUCHES THE HIGH 54682 WHICH IS NEAR TO OUR R1 SUGGESTED YESTERDAY.... AND MANAGES TO CLOSE AT 53570....
TODAY'S SUPPORTING LEVELS ARE 52961, 52353
TODAY'S RESISTANCE LEVELS ARE 54430, 55291

ON 7 MAR 2011...........

WE SAW A STRONG BUYING AT OPENING THEN SELL OFF AT THE END OF THE SESSION IN MCX SILVER MINI APR 2011.... IT OPENED AT 53510 MARGINALLY HIGHER THAN PREVIOUSDAY'S CLOSE OF 53413 AND THE LOWEST PRICE ON THE DAY IS 53510 AT THE OPENING..... AND TOUCHES THE HIGH 54760.... AND MANAGES TO CLOSE AT 53882....
TODAY'S SUPPORTING LEVELS ARE 53341, 52801
TODAY'S RESISTANCE LEVELS ARE 54591, 55301

ON 5 MAR 2011.....

WE SAW A STRONG BUYING IN MCX SILVER MINI APR 2011.... IT OPENED AT 52900MARGINALLY HIGHER THAN PREVIOUSDAY'S CLOSE OF 52817 AND THE LOWEST PRICE ON THE DAY IS 52900 AT THE OPENING..... AND TOUCHES THE HIGH 53459.... AND MANAGES TO CLOSE AT 53413....
TODAY'S SUPPORTING LEVELS ARE 53056, 52698
TODAY'S RESISTANCE LEVELS ARE 53615, 53816

ON 4 MAR 2011... BULL BULL BULL....

WE SAW A STRONG BUYING IN MCX SILVER MINI APR 2011.... IT OPENED AT 51498 MARGINALLY HIGHER THAN PREVIOUSDAY'S CLOSE OF 51359 AND THE LOWEST PRICE ON THE DAY IS 51497..... AND TOUCHES THE HIGH 52900 WHICH IS OUR R2 GIVEN YESTERDAY.... AND MANAGES TO CLOSE AT 52817....
TODAY'S SUPPORTING LEVELS ARE 51909, 51002
TODAY'S RESISTANCE LEVELS ARE 53312, 53808

ON 3 MAR 2011......

WE SAW A GOOD VOLATILITY IN MCX SILVER MINI APR 2011.... IT OPENED AT 52030 MARGINALLY LOWER THAN PREVIOUSDAY'S CLOSE OF 52082 AND THE LOWEST PRICE ON THE DAY IS 51192..... AND TOUCHES THE HIGH 52404.... AND MANAGES TO CLOSE AT 51359....
TODAY'S SUPPORTING LEVELS ARE 50899, 50440
TODAY'S RESISTANCE LEVELS ARE 52111, 52864

ON 2 MAR 2011......

MCX SILVER MINI

WE SAW A GOOD BUYING IN MCX SILVER MINI APR 2011.... IT OPENED AT 51650 MARGINALLY HIGHER THAN PREVIOUSDAY'S CLOSE OF 51584 AND THE LOWEST PRICE ON THE DAY IS 51650..... AND TOUCHES THE HIGH 52239 WHICH IS NEAR TO OUR GIVEN R2 YESTERDAY.... AND MANAGES TO CLOSE AT 52082....
TODAY'S SUPPORTING LEVELS ARE 51742, 51401
TODAY'S RESISTANCE LEVELS ARE 52331, 52579

ON 1 MAR 2011......

WE SAW A GOOD BUYING IN MCX SILVER MINI APR 2011.... IT OPENED AT 51175 MARGINALLY HIGHER THAN PREVIOUSDAY'S CLOSE OF 51104 AND THE LOWEST PRICE ON THE DAY IS 51027..... AND TOUCHES THE HIGH 51767.... AND MANAGES TO CLOSE AT 51584....
TODAY'S SUPPORTING LEVELS ARE 51152, 50719
TODAY'S RESISTANCE LEVELS ARE 51892, 52199

ON 28 FEB 2011......

WE SAW A GOOD BUYING IN MCX SILVER MINI APR 2011.... IT OPENED AT 50800 MARGINALLY HIGHER THAN PREVIOUSDAY'S CLOSE OF 50764 AND THE LOWEST PRICE ON THE DAY IS 50604..... AND TOUCHES THE HIGH 51464.... AND MANAGES TO CLOSE AT 51104....
TODAY'S SUPPORTING LEVELS ARE 50651, 50197
TODAY'S RESISTANCE LEVELS ARE 51511, 51917

ON 26 FEB 2011......

WE SAW A GOOD BUYING IN MCX SILVER MINI MAR 2011.... IT OPENED AT 49650 MARGINALLY HIGHER THAN PREVIOUSDAY'S CLOSE OF 49549 AND THE LOWEST PRICE ON THE DAY IS 49650..... AND TOUCHES THE HIGH 50188.... AND MANAGES TO CLOSE AT 50099....
TODAY'S SUPPORTING LEVELS ARE 49770, 49441
TODAY'S RESISTANCE LEVELS ARE 50308, 50517

ON 24 FEB 2011.... TRADING... TRADING....

WE SAW A GOOD VOLATILITY IN MCX SILVER MINI MAR 2011.... IT OPENED AT 50099 MARGINALLY HIGHER THAN PREVIOUSDAY'S CLOSE OF 50034 AND THE LOWEST PRICE ON THE DAY IS 49725..... AND TOUCHES THE HIGH 50774.... AND MANAGES TO CLOSE AT 50036....
TODAY'S SUPPORTING LEVELS ARE 49583, 49129
TODAY'S RESISTANCE LEVELS ARE 50632, 51227

ON 23 FEB 2011.... BULL....BULL.... BULL....

WE SAW A STRONG BUYING IN MCX SILVER MINI MAR 2011.... IT OPENED AT 49403 MARGINALLY HIGHER THAN PREVIOUSDAY'S CLOSE OF 49223 AND THE LOWEST PRICE ON THE DAY IS 48820..... AND TOUCHES THE HIGH 50398.... AND MANAGES TO CLOSE AT 50034....
TODAY'S SUPPORTING LEVELS ARE 49103, 48173
TODAY'S RESISTANCE LEVELS ARE 50681, 51329

ON 21 FEB 2011.... BULL....BULL.... BULL....

WE SAW A STRONG BUYING IN MCX SILVER MINI MAR 2011.... IT OPENED AT 48637 MARGINALLY HIGHER THAN PREVIOUSDAY'S CLOSE OF 48540 AND WHICH IS THE LOWEST PRICE ON THE DAY..... AND TOUCHES THE HIGH 50400.... AND MANAGES TO CLOSE AT 50286....
TODAY'S SUPPORTING LEVELS ARE 49149, 48011
TODAY'S RESISTANCE LEVELS ARE 50913, 51537

ON 19 FEB 2011.....

WE SAW A GOOD VOLAITALITY IN MCX SILVER MINI MAR 2011.... IT OPENED AT 48250 MARGINALLY LOWER THAN PREVIOUSDAY'S CLOSE OF 48458..... AND TOUCHES THE HIGH 48650.... AND THEN SELL OFF..... AND MANAGES TO CLOSE AT 48540....
TODAY'S SUPPORTING LEVELS ARE 48310, 48081
TODAY'S RESISTANCE LEVELS ARE 48709, 48879

Trading... Trading....

a good day for day trader again...... mcx silver mini mar2011 opens around 46450 and touches the lowest of 45820... got good supprot around it and bounce back to 46200 level and traded at that level for long time and finally manages to close at 46270...

nymex silver is trading around usd 30.60 at the time when mcx closed....it got good support at USD 30.28 level which is the lowest point yesterday.... it got strong resistance at usd 30.94 level which is the highest point yesterday.... let us hope today it may broke either of those levels....

Trading... Trading....

good chance for the traders to do trading.... it is fully volatile market now... it showed lot of fluctuations in today's trading session... hurry up and make profits....










A day without a perdurable is like a day without sunshine

Trading... Trading....

a good day for day trader again...... mcx silver mini mar2011 opens around 46198 and touches the lowest of 46135... got good supprot around it and bounce back to 46200 level and traded at that level for long time and then got a huge buying and reaches the highest point of 46688... there it seen a little bit selling off and finally manages to close at 46392...

nymex silver is trading around usd 30.68 at the time when mcx closed.... it got strong resistance at usd 30.90 level.... let us hope today it may broke that level....

Bull.. bull... bull.....

WHAT A DAY YESTERDAY WAS... A FULL VARIATION OF 1000 RUPEES IN MCX SILVER MIN MAR 2011.... TOUCHES THE LOW OF 45351 GOT GOOD SUPPORT AND BOUNCE BACK TO 45550 LEVEL AND THEN BULLS ARE ENTERED IN TO THE MARKET AND TOUCHES HIGH OF 46390 AND MANAGES TO CLOSE AROUND 46159... A GOOD SESSION FOR DAY TRADERS..... NYMEX SILVER MANAGES TO TRADE AROUND 30.56 AT THE TIME WHEN MCX CLOSES....

Now at 9.53 AM NYMEX SILVER is trading at USD 29.89.... It may open around 45400.... Have nice trading day....

TODAY MAY BE........

ON 12 FEB 2011.... SATURDAY... VERY MINOR TRADING HAS HAPPENED IN MCX....
FRIDAY NIGHT MCX SILVER MINI MANAGES TO CLOSE AROUND 45515... IT TOUCHES THE LOWEST OF 45301 AND HIGH OF 45950.... AGAIN 650 RUPEES VARIATION... LOT OF VOLATILITY IS THERE IN IT..... TODAY ALSO WE MAY SEE LOT OF FLUCTUATIONS.... FRIDAY WHEN OUR MARKETS CLOSES THAT TIME NYMEX SILVER IS TRADING AROUND USD 29.96... IT GOT LOT OF SUPPORT AROUND USD 30.... ONCE IT BROKE IT SAW RESISTANCE AT USD 30... AND GOT LOT OF SUPPORT AT USD 29.70...
LET US WAIT AND SEE WHAT WILL HAPPEN TODAY.... I HOPE WE MAY SEE A GOOD TRADING DAY....
KEEP IN TOUCH WITH THE BLOG...

Now at 9.50 AM NYMEX SILVER is trading around USD 30.06 so it may open around 45650 level with a small gap...... Today we may see some selling because last few days it gained nearly 10%.... Let us watch how will it react today.....

Trading... Trading....

What a trading day yesterday was... mcx silver mini mar 2011 touched low of 45336 and touched high of 46000... a 670 rupees variation... that is good for a day trader...
nymex silver got good support at usd 29.64 and resistance at usd 30.35... finally manages to close around usd 30.13 when MCx is closed....
today's supporting levels are 45381, 45017
today's resistance levels are 46055, 46365

keep in touch for updates....

Yesterday when our market closes that time NYMEX SILVER is trading around USD 30.28..... Now at 9.52 AM it is trading around USD 30.15...... We may expect a has openning...... It may open around 45650......
Have a nice trading day.... :)

Bull.. bull... bull.....

what a session yesterday also.... mcx silver mini mar 2011 touches the low of 45450 and touches the high of 46149, nearly 700 rupees variation... it got good resistance at 45850 level... tried few times and finally broke out and reaches 46149... there also got good resistance.... attempted trice to break it, but not successed... nymex silver got good support around usd 30.08 level and resistance around usd 30.46 level..

Today's support levels are 45498, 45124...
today's resistance levels are 46197, 46522...

keep in touch with the blog.... for updates..

9 feb 2011

Yesterday when our closes that time NYMEX SILVER is trading around 30.27 USD... Now at 9.55AM it is trading around 30.14 so we can expect a has opening... It may open around 45400....
Today's supporting levels are 44766, 43914.... Today's resistance levels are 46070, 46522.....
Have a nice trading day... :)

Bull.. bull... bull.....

What day yesterday was... after a long time NYmex silver crossed USD 30.00 MARK....
THATS A VERY GOOD SIGN OF BULL RUN... BULLS AGAIN IN THE SILVER MARKET.... MCX SILVER MINI MAR 2011 TOUCHES THE LOW OF 44366 WHICH IS OUR RECOMMENDED SUPPORT LEVEL ONE AND HIGH OF 45670... ABOUT 1300 RUPEES VARIATION... THAT IS A VERY GOOD OPPORTUNITY FOR A DAY TRADER TO PICK UP GOOD PROFIT....
YESTERDAY IT SHOWED SOME RESISTANCE AT 44980 WHICH OUR RECOMMENDED RESISTANCE LEVEL 2... IT ATTEMPTED THRICE AND FINALLY CROSSED IT....

WHAT A SESSION IT WAS...
KEEP IN TOUCH FOR UPDATES...

8 feb 2011......

Well yesterday also a good trading day for traders.... Nearly 400 rupees variation in the trading session... Yesterday when our market closes that time NYMEX SILVER is trading around USD 29.27.... Now at 9.55 am it is trading around USD 29.39.... We can expect some has opening, it may open around 44725....
Today's resistance levels are 44792, 44980..... And today's supporting levels are 44372, 44144....
Have a nice trading day....:)

7 feb 2011......

On saturday MCX SILVER MINI Mar 2011 closed at 44530 with a marginal gain... Now at 9.37am NYMEX SILVER is trading around 29.14 same as closing price on friday night... So there is not much gap openning today...
Today's supporting levels are 44472, 44414... Today's resistance levels are 44574, 44618.....
Have a nice trading day....

5 Feb 2011...

Well yesterday also a good bull run for silver...... a good day for trader also.... a swing of 700 rupees took place yesterday.... it got resistance at 44780 and support at 44042.....
Today 5 feb 2011, there will not much swing in prices... may be around 50-75 rupees swing may come... let us wait for monday opening...
Today's supporting levels are 44065, 43684....
Today's resistance levels are 44803, 45160......

let us hope for good monday opening...

4 Feb 2011 expectation.....

What a day yesterday solidly 1000 rupees variation within 1 hour.... Thats a great opportunity for day traders... Well yesterday MCX SILVER MINI MAR2011 got good support at 43120 and bounce back, which is around our first supporting level which is given yesterday... It touches the high of 44265 and manages to close around 44155.....
Yesterday when our market closes NYMEX SILVER is trading around USD 28.83. Now at 9.45 AM it is trading around USD 28.87. Which is slightly higher than yesterday. We may expect a small gap opening around 25 rupees.
Today's resistance levels are 44557, 44958. Today's supporting levels are 43437, 42718...
Let us hope for another good trading day... :-)

3 Feb 2011 market.....

Well.... Yesterday a small reaction took place and day ended as bear day.. :( well we got some support around 43275 and managed to close around 43400 at that time NYMEX SILVER was trading around 28.32 USD......
Now at 9.50 AM it is trading around the same level so at the starting there is no much gains... For today the supporting levels are 43178, 42914 and today's resistance levels are 43803, 44164......
Have nice and good trading day......

WEDNESDAY OPENING......

Well yesterday is also a good trading day.... :)
MCX SILVER MINI MAR 2011 got good support at our first supporting level and got bounce back... A good 900 rupees variation in the price... That is good for intraday traders... And finally it is managed to close positively... Yesterday when our market closed that time NYMEX SILVER was trading around 28.57 USD.... Today at 9.40 AM it is trading around 28.64 USD..... So we can expect some positive opening... Around 43870 it may open....
Today's resistance levels are 44140, 44472 and today's supporting levels are 43526, 42704......
Let us hope for a good trading and bull day :)

TUESDAY MORNING OPENING......

1 Feb 2011...
Well well uptrend is still running.... Good gains on monday.... MCX Silver mini Mar 2011 breakout the two given resistance levels... And closed above the resistance level... At 9.30 AM Nymex silver is trading around USD 28.20 which is 0.15 cents higher than yesterday is closing.... It is expected to open around 43750.... Today's supporting levels are 43041, 42411 and today's resistance levels are 44069, 44468..... Let us hope for good opening and bull day...... Have a nice bull day.....

Before US markets opening....

31 Jan, 2011

At 7.35PM NYMEX Silver is trading at USD 27.84 Lower than the Friday's closing....

As discussed earlier... MCX SILVER MINI Mar 2011 already tested the resistance levels 43265 and 43502... and Support level 42810... slightly difference in values...

Let us hope for Friday like bounce back....

It is observed that it is getting lot resistance at 43280 levels...

Let us hope it will break out that resistance level...

Monday opening....

31 Jan 2011

NYMEX Silver is trading around USD 27.98.. It is trading at friday night closing... It may open around 43350... Today's resistance levels 43265, 43502 today's supporting levels 42896, 42764

Can it maintain uptrend....

30 Jan 2011....

At time 7.00AM IST... NYMEX Silver is trading around $28.15 which is higher than friday night closing value by $0.14.... so we can expect early gains.....

Slight selling pressure..

29 Jan 2011..

There was a slight selling pressure seen... And also a slight increase in Open interest...

Let us hope for good opening on Monday... NYMEX Silver closed at 28.01USD on Friday night(US Timings)....

Bounce back in commodities...

28 Jan,2011.

A good bounce back seen in commodities..

MCX SilverMini Mar,2011 recovered day's low of 41320 and touched the day high of 43378 and closed at 43280.. which is higher than 5 days simple moving average and 10 days simple moving average.. And also higher than 12 days Exponential moving average..

This is positive bounce back... Slight decrease in the open interest.... When MCX closes that time NYMEX Silver trading at 27.97USD...