Friday, July 8, 2011

MCX SILVER TIPS>TREND TODAY 8 July

MCX Silver trend  is bearish for medium-long term .Currently mcx Silver is in downtrend and the trend is supported with good volume The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The oscillator is showing BUY signal For short term mcx Silver is in HOLD LONG position

SILVER SUPPORT AND RESISTANCE :-

Support for the Silver is 53642-52630-51952-51446
Resistance for the Silver is 56751-57255

MCX COMMODITY TIPS TODAY :- (click to get on mobile)


Crude Oil (July Futures) MCX: Buy -4365-4370, stoploss -4330,  Target -4490


Copper (August Futures) MCX: Buy -435-436, stoploss -432,  Target-442


Silver (September Futures) MCX: Buy -54300-54350, stoploss -53 930,target -55000 

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