Readers 9.9out of 10.0 based on 37045 user ratings
Showing posts with label free Commodity tips. Show all posts
Showing posts with label free Commodity tips. Show all posts

So far prices have been trading in a range with less indicative. While  on later sessions, we favoring early trades to be positive pointing  towards 28800, but unlikely to continue that buying momentum unless above 28830 region. Above 28830 we could expect  28980/29100. Conversely a vertical drop though 28550 region
would be an indication for weakness towards 28450/300 then to  28100. 
A flat trading range is expected today. Early attempts to a rise would be capped near 57600-900 regions but may not call for steep fall  unless close below 55300, where the 51 day moving average  support is placed. 

 


MCX Silver has just cleared the crucial resistance of 65500 and now heading towards 66000 mark. If prices moves above 65200 then more upside can be seen and silver can progress to 66500-67000 soon.

As if now traders can go for long in silver at 65750 and wait for 66000-66200.

below 65450 trend may get reversed.