where is silver heading?

[vedantika]

Hey Brother Vijay,

Any news from your side that where it will heading now.........Coz it has already broken the previous high of silver but didnt resist well see now today is friday and lets see what happens..........Fingers Crossed for double circuit?????????I would like for it to go for down treand,,,,,,,

 

[vijay@dsun]

Hi vikas

Silver's movement on the start of this year made a clear statement that its on a retracement period for a target of $18.50 to $14.50

This retracement is imminent for the next target of $35 - $ 37

As a second confirmation , we have a "Broken Trendline" formation on EOD charts.

regards
Vijay@dsun:cheers:

 

[vedantika]

Hey Bro,

Can u pls let me have the view of the charts which confirms the trend breakout for the same.....

Hi vikas

Silver's movement on the start of this year made a clear statement that its on a retracement period for a target of $18.50 to $14.50

This retracement is imminent for the next target of $35 - $ 37

As a second confirmation , we have a "Broken Trendline" formation on EOD charts.

regards
Vijay@dsun:cheers:

 

[vijay@dsun]

Hi vikas

This was the trendline(EOD) am considering with resi @ $31.10-31.35 of monthly chart.
Till this resi is taken out, am on sell with every rise mode.

regards

Vijay@Dsun

 

[ashwani chadha]

Dear vijay .can you provide this chart for gold/zink/lead,thanks

 

[vijay@dsun]

Hello Ashwani chadha

I currently don't have a $ denominated chart for zinc & lead.
I have attached gold chart for ur reference

regards

Vijay@Dsun

 

[vedantika]

http://img96.imageshack.us/i/silvercandle.jpg/

Hey vijay have spotted silvers candle pattern it has made a scuccessful evening star formation in 1day 2yr chart which means a major breakdown can come at any moment in silver till 28 $ lets see

 

[ashwani chadha]

http://img96.imageshack.us/i/silvercandle.jpg/

Hey vijay have spotted silvers candle pattern it has made a scuccessful evening star formation in 1day 2yr chart which means a major breakdown can come at any moment in silver till 28 $ lets see

if possible please give your detailed view on silver in indian RS.term thanks

 

[averagecalls]

silver above 54000 hading for the levels of 61000

 

[k.raaja]

now silver lvls to watch ::

Closing at 35.62 my recomendation for tomorrow is to buy above 36.00 by keeping sl at 35.50 for tgts 36.35 36.75 37.10 37.50

and sell below 35.50 by keeping sl above 36 lvls for tgts 35.20 34.85 34.55 34.20



and my short term view is to sell on every rise by keeping sl at 38.70 for tgts 33.40 34.80 31.70

and long term view is to pick in dips by keeping sl 30.80 lvls for tgts 37.50 38.25

these are just my views. My views may be wrong... But if we consider fundamentals strictly buy in dips strategy applicable.. By keeping $1 as stoploss from your enty price