Saturday, 5 March 2011

SILVER & NIFTY

NIFTY
As boldly told on Friday-04th March, Nifty crossed 5600 but could't sustain.

Now, be ready for a real Panic on Monday.

Nifty ultimate target 5412

Supports : 5499/ 5477/ 5425
Resistance: 5589/ 5599/5612


SILVER

Trend is Friend.

Silver continues upward journey since our last recommendation on 7th February.

SilverUS can test $38.6 this week only if it trades above $33.35.
A lot of pain for short-sellers in MCX Silver.
Below $33.35 exit silver long.



1 comment: