mcx silver tips today 29 jan 2013
buy mcx silver march expiry future around 57900-57960
with stoploss just below 57600 and expect 58800+ in next 2-3 sessions
in this call risk is 300points while reward will be 900+ points
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mcx silver march expiry future on intraday chart showing consolidation and that may result in upside breakout as indicators suggesting.on downside 57700 looks good support so stoploss must below that on upside first retracement levels comes around 58800 and if cross that then rally may show target upto 59400.by risk and reward view long side with 2-3 days view looks good.if sustain below 57700 then continues downtrend and may show 56000 to 54000.