Friday, July 29, 2011

SILVER MCX TREND | TIPS Friday 29 July

MCX Commodity market has opened on a soft note today indicating a positive and good start, all the sectorals are trading good except crude oil , MCX bullion market is also in uptrend with advances upto 4 % 
silver MCX trend is also on positive note and taking a green breadth. 

SILVER MCX TREND TODAY :-
Silver MCX trend is consolidate for the day, following are some technical levels for silver today

RESISTANCE :- Technical resistance for the silver is marked near 60850, next resistance level is at 62800

SUPPORT :- First support level for the MCX silver is near 57075, Second support is marked near 56300

SILVER MCX TIPS :-

Silver (September Futures) MCX: Sell -59 000, stoploss -59 900, target -57 800


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