Mtechtips SILVER MCX BUY AT DIP 61300-500 STOPLOSS 60800 TGT 62800

Mtechtips SILVER MCX  intraday trading analysis 12-10-2012

Mcx silver dec expiry future closed at 61763 with loss of –0.66%.on downside 61700 is support if opens below that then head towards 61,000-61,500 levels.today mcx silver future made low of 61,731 and

closed near low while today’s high point was 62,342.62,200 is major supply zone and there market unloaded all longs.on chart silver future is with long or buy signal and here stoploss is 60,900 while target is 62,790.

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