Monday, July 25, 2011

MCX Silver Trend Today: Bullion Metal Updates

Silver MCX is looking to trade with positive bias for the day. For the time being if Silver (September) trades above 60200, it may touch 60400-700 level in todays session.
In Broad perspective if resistance level of 61000 get breached, Silver may be rallying up to 62000-63500.
Below 59300, silver may loose its buying momentum and can slip down to some lower levels.

Intraday traders can buy Silver September contract above 60200 for the targets of 60500-700 keeping stoploss below 59850.


Posted By Commodity MCX Tips