Tuesday, 4 September 2012

MTECHTIPS

MTECHTIPS:-SILVER

Silver  opened strong above 60500 levels, the commodity dipped  to test 58600 levels, but finally closed the session around 59719. The commodity in coming sessions has strong support at lower levels around  58600. Any dip in the commodity below these levels will open up levels of 58000and lower. Silver has strong resistance above 59300 levels and if it manages to hold above these levels we may soon test levels of 60400.


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