Bullion Intraday Road Map for Mar 22, 2012

Gold : currently trading at 1649, day trading range will remain between 1630-1685, trend will remain sideways with negative bias. Immediate resistance at 1658 consolidation above 1658 will take it to 1668-1670 zones. 1685 will remain key resistance for day, gold must sustain above 1685 to establish a bullish move. Immediate support seen at 1638 consolidation below 1638 would offer 1628-1617 zones as primary supports.

Silver: currently trading at 32.08 day trading range will remain between 31.50-33.10 trend is sideways with negative bias. Silver is likely to taste 31.60-31 zones during current move but consolidation above 32.50 zones can negate these bears expectations and silver may move towards primary resistance 33.10 and 33.80 till trading below 33 expected supports are 31.50-30.30

Comments

First step towards becoming Financial Independent...

Success is not getting a highest paying job but success is when you get enough free time for yourself you can do whatever you want you can go wherever you want to go without concerning about your job and effecting your lifestyle. Generally people waste their early age in preparing for govt. Jobs and they put their energy and time for preparing job but among those only few people get the govt. Jobs and rest stay jobless with wasted time of 3 to 5 years of their graduation and mostly spend their life jobless or with mediocre salary. In India people In their early age after graduation don't have much pressure from family for earning and they usually use this time to prepare for competitive exams for job and take some courses and among them only few people get job and rest remains jobless and then they keep blaming the system for their unemployment. Let's take an example to understand magic of starting earning and saving in early age. Because in ea...

Nifty has given 40% Returns from March lows; Whats next are we ready for a decline?

Will Exhaustion Gap Halt the Down Trend in Nifty?

In this video we have explained what NIFTY is likely to do in next few sessions.

LET THE MARKET TELL WHO WE ARE

Search This Blog