Friday, July 22, 2011

MCX Silver Updates: Evening Report

Silver prices are heading towards 59000 mark and If prices moves above 59200 mark, more upside levels may be seen till 59500-59800 for the day. In broad perspective 60800 will act as crucial resistance to see the rally. Below 57900 silver is looking bearish.

For intraday Traders can buy silver above 59100 for the targets of 59400-700 Stoploss- 58800.

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Posted By Commodity MCX Tips