Inability to clear above 55000 mark is making a path for silver to show a dip toards lower levels like 54000-53000 and even 52000 later. To make s swift upside momentum Silver has to close above 55100 level. Technically a healthy trade above 55100 can take silver to 56500-57000 levels later.
Intraday Traders can Buy Silver September contract above 55150 for targets-55500-55800-56000 stoploss below 54700
Below 54350 start selling silver to target 54000-53800
Friday, July 8, 2011
6:51 PM Nifty Tips No comments