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Monday, July 18, 2011

SILVER TRADER’S ALERT

SILVER OUR LAST STOP LOSS ALMOST TRIGGERED @ 60465 & 60525… TRADERS WITH RISK APPETITE ON THE LONG SIDE CAN BUY SILVER SEP CONTRACT KEEPING A STOP LOSS OF 59199 FOR INTRADAY/POSITIONAL TGT 61220/61650 & 62425

( 3RD TGT : http://www.trendtradersonline.com/2011/07/mcx-silver-alert.html)

OR TRADERS CAN GO LONG IN 05DEC CONTRACT ..BEST BUY LEVEL 60603 & 60978 FOR INTRADAY/POSITIONAL TGT OF 62185/62558 ; STOP LOSS 60399

LAST OPTION : TRADERS WHO THINK THE PRESENT PRICE IS VERY HIGH TO GO LONG ..THEN CAN STAY OUT OF SILVER UNTILL PRESENT CONTRACT TESTS 62425 & THEN SHORT ..

HOWEVER WE ARE STILL HOLDING SILVER SHORT FROM THE LEVELS 58202..& SHORTING ON ALL RISES OF 500 RS..

***WE WILL START BOOKING PROFITS IN SILVER SHORT ONLY FROM LEVELS 55788***

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