Sunday, July 3, 2011

Nifty Next- Silver EOD Technical Chart Analysis For 04-09 July 2011


SILVER-I ended at 50252 with a gain of + 0.90% with formation of a Bullish Haramai Cross Candle with Bullish Butterfly Pattern on Daily price chart on 02 July 2011 at MCX. Major Momentum indicators are  Bullish On Daily Price Chart. PZO and RSI are rising Upward. We are Upgrading the Silver Target to 53146 with a Stop-Loss of 49768 for the Short-Term.

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