Mtechtips SILVER MCX  intraday trading analysis 17-12-2012

Mcx silver march future short term traders must hold shorts for targets of 59800-59000 with trailing stoploss above 61200.while fresh short entry suggested near 61200 only.if breaks 59800 then possibly selling may expected upto 57800-57000. medium to long term traders and investors must book profits and those having shorts must hold for targets of 59000 to 57000 with trailing stoploss.fresh shorts are not favorable due to risk and reward basis.  





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