February 22, 2012

MCX Silver Tips Support Resistance

MCX Silver (Mar) contract again gained some pace and is trading in a uptrend. The silver is currently trading above 56000 levels. The silver could find a support higher support at 56500 and lower support at   56900. The resistance for silver will be seen near 57557 and higher resistance 57957 levels. The silver is currently in buy mode and one can go for buy in silver.

MCX Silver Tips for Today

MCX Silver (March) contract is advised to buy in a range of 56900-56850, SL-56470, Target -57550.

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