As per the ABC correction Silver inching to Upside.. one can go long with sl below $27.500 for tgts $33.700/$37.400

MCX ALUMINIUM UPDATE...

BUY MCX ALUMINI(MINI LOT) IN DIPS WITH SL 102.40 FOR TGT 118/119. NOW IT IS TRADING NEAR 108, ENTER NEAR 107 TO 106 LEVELS..

SILVER ANALYSIS..10-12-2011..

FROM THE ABOVE SILVER DAILY CHART WE CAN COME TO ONE CONCLUSION THAT.. IF SILVER TRADES ABOVE 57400 (i.e. atleast 2 closings above this lvls) THEN SILVER WILL TOUCH 62320/65500 IN COMING DAYS... AND AT 58200 LVLS IT WILL FACE LITTLE BIT RESISTANCE.. IF IT CROSSES SUCCESSFULLY WILL MOVE QUICKLY TO REACH THE TGT.. AND NOW IT IS TAKING SUPPORT NEAR 56600 LVLS..  IF ANY BODY WANT TO TAKE FRESH LONG POSITIONS THEN WAIT FOR DIPS .. AND MAINTAIN STOPLOSS NEAR 54100 FOR THE TARGETS 58200/62320/65500 LEVELS.. ALL THE BEST.. 

THANKS AND  REGARDS,

K.RAJA

MCX ZINC POSITIONAL CALL..

POSITIONAL MCX-ZINCMINI ::  BUY  ZINCMINI ABOVE 106.20  WITH SL 102.80 LVLS FOR TGTS 109.50/110.80 +.   NOW ZINC TRADING AROUND 104.70 LEVELS..

Thanks and Regds,

K.Raja  


Book profits intime..

Psychological Barrier to Trading Success..

Exiting profitable trades too early : Underlying Problem: Fear of Loss

Staying in loosing trades too long :Underlying Problem: Unwilling to Accept Loss

Too tight stops :Underlying Problem: Fear of Loss

Repeatedly moving stops further away and running losses : Underlying Problem: Unwilling to Accept Loss

Over Trading : Underlying Problem: Lack of confidence

Perfectionism – the need to be right : Underlying Problem: Fear of Loss / Fear of being wrong

 

 Taken from speculationmasters

Silver Update..

The above Comex Silver chart shows that entering long side with stoploss $32.400 for the target of $34 and $35 in coming days.. I prefer longs in MCX silver also but I should buy in dips.. take ur own decision...

Thanks and Regds,

Raja.K