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MCX SILVER INTRADAY TIPS 01-JUN

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  • Wednesday, June 01, 2011
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  • MCX Intraday Tips
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  • The market has been sideways with low volumes since last week. The trend line resistance has been observed at 58650 levels. If the price move above 58650-58700 then the market may turn bullish from it’s sideway trend. The support is at 56350 and 56250through Fibonacci through 60000 levels. The trend may remain consolidated unless it breaches 56250 support or resistance at 58650.

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