"MCX Silver Price" for Today:

The white metal still remained the best precious metals, and gained 17.25 percent uptill yesterday."MCX Silver" May contract opened at Rs. 57879 and remains in a range bound within Rs. 58290 to Rs. 581400. It has broken down the important resistance of 58410 today and currently balanced around Rs. 59860 after making a high of Rs. 59604.

For now, after seeing and studying the 1hr Chart of silver it is found that it has formed a appropriate platform above Rs. 57227, but if the market is not closing below this level do not expect further downfall. More Information about Free mcx silver visit my site mcx-trade-tips.blogspot.com

The medium term traders may opt for buy position with stop loss of Rs. 57310 for the target of Rs. 59120 to 59920,

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