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Thursday, November 17, 2011

MCX Silver Technical levels For Today

Silver Prices are trading in a consolidation phase with slight positive bias towards 29150/29180, but we are not expecting major rallies until it cross above the 29280 level and such initiative lift prices towards 29340/29400 or even higher. Conversely unexpected fall below 28800-780 region may drag down the prices firstly to 28680/28460.
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