Thursday, July 14, 2011


MCX SILVER,

YESTERDAY WHEN SILVER WAS TRADING @ 54,800

WE SAID SILVER IS TRADING IN BREAKOUT PATTERN IF IT MANAGE TO SUSTAIN ABOVE 55,500 THEN IN NEAR TERM IT WILL SHOW 59,000 LEVEL & SEE THE IMPACT.

SILVER HAS GIVEN 1500 POINTS OF RALLY FROM OUR BREAKOUT PATTERN.


AS PER THE DAY TRADE IS CONCERN SILVER WILL FIND SUPPORT NEAR 56,800, IF IT MANAGE TO TRADE ABOVE THIS LEVEL THEN WE MAY SEE 57,750+ MARK IN INTRADAY.