Mtechtips SILVER MCX  intraday trading analysis 31-12-2012

Mcx silver march future short term traders can hold hold or go long with stoploss just below 57200 and expect 58900 to 59900 on upside.if closed below 57000 then continuation of downtrend and 56,000-55,000 and 54,000 will be target levels. medium to long term traders and investors watch 57,000 for next if shows reversal then expect 64,000-65,000 again but slips below this and trade below this level for next 2 weeks then 54,000 and below are possible long term targets. 





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