Friday, October 7, 2011

Commodity Silver Updates: Silver Trading Tips

A good upside move was seen today and Silver gained more than 4%. Since the the upside crucial level of of 53000 has been broken up, we can expect a positive day for Silver commodity and the prices may touch 55000 soon. But if Silver takes a flip move and breached 52000 again, it can invite 50000-49000 level again. Above 55000 silver may further take a bull run till 56500-57000.
Traders can buy Silver above 53550 TG- 53850-54000-54200 keeping stop-loss below 53100.

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Posted By Commodity MCX Tips