MTECHTIPS MCX SILVER SELL BELOW 35200 STOPLOSS 35600 TGT 34600 TGT 33900
MTECHTIPS MCX silver intraday trading analysis 01-12-2014
MCX silver dec. expiry future closed at 34,460 with almost 4% drop on heavy selling. in intraday almost 1500 rupee range seen and closed near lows on fresh selling from investors. on downside, 34k is psychological support and if silver prices gives closing below it then expect 32k to 28k levels in medium to long terms. for long-term physical buying investors this downside are accumulation opportunities.