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Commodity Silver Updates, MCX Silver Technical Call

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  • Wednesday, July 20, 2011
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  • The daily prices have seen strong correction in past two sessions. It is near the support of 8 EMA (placed at 57700 levels). It holds this levels, we may see some bounce back. If this levels id broken on the downside, we may see further downside to test 56000 levels.

    Trading Tips: Sell only below 57000 levels with a stop loss placed above 57600 levels for targets of 56300 levels.

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