yesterday’s CALL UPDATE:
BUY GOLD APR 2017 @
29300 SL 29050 TGT 29450-29560.
BUY SILVER MAR 2017 @ 42400 SL 42100 TGT
42580-42850.
Gold: Gold trading range for the day is
29119-29455. Gold steadied as investors sought the perceived safety of the
yellow metal amid growing concerns over political risks in Europe and around
the global.
Outlook: Technically
market is getting support at 29226 and below same could see a test of 29119
level, And resistance is now likely to be seen at 29394, a move above could see
prices testing 29455.
R2
|
R1
|
S1
|
S2
|
TREND
|
||
GOLD
|
29550
|
29400
|
29240
|
29150
|
BULLISH
|
Silver: Silver
trading range for the day is 42007-42827.Silver prices gained as support seen
as rising global political uncertainty supported safe haven demand.
Outlook: Technically
market is under fresh buying as market has witnessed gain in open interest by
1.22% to settled at 13241 while prices up 216 rupees, now Silver is getting support
at 42254 and below same could see a test of 42007 level, And resistance is now
likely to be seen at 42664, a move above could see prices testing 42827.
R2
|
R1
|
S1
|
S2
|
TREND
|
||
SILVER
|
42680
|
42550
|
42250
|
42000
|
BULLISH
|
I have taken sell position in gold @29350, is there any negative movement?? Should I hold or exit??
ReplyDeletegold is in buying trend, you can hold gold & book gold near 29280 with sl of 29450.
DeleteTechnically, Today market is in buying. I want to take position in silver for 300 points from @42435, Should I take this??
ReplyDeletefor 300 point you can take position in silver @42350
Deletenice and good blog and for free trading tips just do visit http://equitycashcalls.blogspot.in/
ReplyDelete