Thursday, August 25, 2011

MCX SILVER TIPS TODAY 25 august

The Silver is in long- medium- term bull phase .Currently Silver is in strong uptrend but volume is unsatisfactory The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term The current position is BUY

MCX SILVER SUPPORT & RESISTANCE :-

Support for the Silver is 57394-56464-56373
Resistance for the Silver is 60300-60987-62140

SILVER INTRADAY TREND :-

Sell if open below 58554.7 with stop loss at 61121.9 or sell below 57393.1
Buy is not advised till it cross 62288.2 

No comments: