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Friday, July 1, 2011

SILVER MCX SEP CONTRACT TRADING LEVEL

BEST BUY & SUPPORT IS @ 51852 (CURRENT RESIS) ACTUAL RESIS & BEST SHORT LEVEL 52099..A BREAK ABOVE THAT TARGET IS 52900/53148 ; HOWEVER A CRACK BELOW 51802 DOWNWARDS TARGET IS 51052/50805

CMP – 51588

TREND : THOUGH OVERALL TREND IS NEGATIVE ..SILVER HAS FALLEN FROM THE OPENING SESSION.. SO WE MAY EXPECT A VERY SMALL PULL BACK ON HOURLY BASIS BUT FINALLY IT WILL COME UNDER SELLING PRESSURE

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