Wednesday, January 11, 2012

Indian Stock Market : Silver Trend Today 11 jan

Indian stock market today 11 jan on a quite note. Last day Indian stock market noticed a huge recovery and sensex jumped to 16000. This jump was due to FDI and Moddy ratings which will definitely help in recovering the position of Indian rupee. If we talk about the Indian stock market trend today then flat market in line with rest of world with DOW futures down 35 early morning and as told you yesterday some consolidation will happen before market cross 4900 nf. Now for today 4840 nf will act as last hope support of bulls. On bounce 4890 nf will act as first hurdle of bulls only breaking this range will set further moves from bulls or bears.

Intraday NSE Tips Today 11 jan

AXIS BANK: Can touch the levels of 920/930, if crosses the level of 900.
BHEL: Can touch the levels of 270/272, if crosses the level of 265.
DLF: Can touch the levels of 188/190, if crosses the level of 185.
ICICI BANK: Can touch the levels of 790/792, if crosses the level of 775.
JINDAL STEEL: Can touch the levels of 510/512, if crosses the level of 500.
M&M: Can touch the levels of 715/720, if crosses the level of 700.
RELIANCE: Can touch the levels of 745/750, if crosses the level of 738.
RELINFRA: Can touch the levels of 418/422, if crosses the level of 400.............. (Click for more)

Silver Trend Today 11 jan

Currently Silver is in HOLD SHORT position Silver is in sideways and sellers was at high so for short term better buy above 53346.7 or hold with stop at 51366.0 The next resistance will be at 53019.0 The oscillator is showing SELL signal

Silver Support and Resistance 11 jan

Support for the Silver is 51836-51809-.Resistance for the Silver is 52911-54515-54929-55012

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