Wednesday, July 20, 2011


MCX SILVER:


IS TRADING IN MIX PATTERN, IT HAS RECOVERED 400 RS FROM ITS DAY LOW, BUT UNABLE TO PASS ITS DAY HIGH OF 58,590, RESISTANCE STANDS @ 58850, IF IT TRADES BELOW THIS LEVEL,


WE EXPECT IT MAY SHOW 57900-57100, BUT ONLY IF IT TRADES BELOW THE SAID LEVEL,


IF IT MANAGE TO PASS ITS RESISTANCE WE ARE POSITIVE ON SILVER ABOVE THE SAID LEVEL.