Monday, January 17, 2011

Mcx Silver Tips

This counter last trading session shortly down trend in this counter and again up side 44200.00-44600.00 level close below downward trend in this counter and 44200.00 below maintain low side touch at 43145.00 and cross below 42450.00 level touch at this counter and 44600.00 shortly up trend in this counter and up side resistance at 45200.00 level and strong resistance at 46000.00 level in market so keep watch at this levels...........

COMEX SILVER: - Last trading session down trend in this counter and close at 28.48$ and up side 28.85$ cross above up trend in this counter other wise again down trend in this counter and low side support at 27.77$ and 27.05$ and up side resistance at 29.52 and 30.56$.....

Silver for March contract is trading at Rs 43,780.00 against Previous close price of Rs 43,842.00 (down by 0.14%) (At 11:33 A.M today)

On the domestic front, Silver prices declined in future trade today as speculators preferred to book profits at existing higher levels, supported by weak trend at spot markets. Silver for March contract is trading at Rs 43,511.00, down by 0.75 and Silver for May contract is trading at Rs 43,800.00, down by 0.81 per cent. (At 3:00 P.M today)

Silver for March contract is trading at Rs 43,567.00 against Previous close price of Rs 43,842.00 (down by 0.63%) (At 5:30 P.M today)           

On the domestic front, Silver traded lower in future trade yesterday due to consistent selling from stockists and speculators as well as subdued industrial demand amidst bearish overseas trend. At MCX future, Silver for March contract closed at Rs 43,710.00 against previous open price of Rs 43,842.00 and Silver for May contract closed at Rs 43,994.00 against previous close price of Rs 44,157.00.

Silver M for February contract with 52,679 lots, Silver for March contract with 36,295 lots.

1 comment:

  1. Silver is highly price volatile. while trading in it MCX Tips can be used to earn expected returns .

    ReplyDelete