December 09, 2011

Silver MCX Tips for Today with Live MCX Trend

Silver MCX is expected to decline as cues form the international market. At MCX Silver prices traded steady on Friday, as investors watched the progress of a crucial European Union summit with dwindling confidence that it would produce a cure for the two-year-old debt crisis. Silver however may gain support from ETF buying interest. Support for MCX Silver March contract is seen at Rs.55100 while Resistance is seen at Rs.57400.

Silver MCX Tips for Today

Silver (Mar) is advised to Sell at 56400 with a target of 55500 and stop loss of 56750.

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