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We expect prices to resume the prevailing weakness towards  27500/27370 or even lower by holding the upside cap of 27780  region. But successful trades above 27800 region would hamper our bearish expectation and such moves could stretch to 27880/960  then top 28050. 

In Silver MCX early trades likely to cap 53500. If subsequent falls succeeds below  52500 expect steep falls towards 51900/51000 or even more. On the mean time, rallies above 54000 could attract short covering  rallies till 55750/56200 that we less expected the day

1 comments

Anonymous said... @ December 23, 2011 at 2:19 AM

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