Thursday, May 5, 2011

MCX SILVER UPDATED TREND 5th may

The Silver is in long- term bull phase .Currently Silver is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . The oscillator is on SELL signal and Silver is coming down from overbought level For short term Silver is in HOLD LONG position.

SILVER SUPPORT AND RESISTANCE :-
Support for the Silver is 54814-52069


Resistance for the Silver is 59152-63985-67129-68154



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