MCX Commodity trend> tips today : Saturday 4 June 2011

Free Commodity tips | Commodity tips today | MCX silver tips>trend today

MCX SILVER TREND TODAY :-

Overall trend of the Silver is bearish for medium-long term .Currently Silver is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term The current position is BUY.

Silver support and resistance :-

Immediate support for Silver is 51792

Resistance for the Silver is 55290-55383-55727-56786-57913-59609

Silver Intraday trend :-

Buy is advised only above 55699.8 with a stop at 53955.5

Below 53448.2 go for sell and put stop at 55190.5 


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