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Silver MCX and Copper MCX trade updates.


Silver MCX has nicely rallied up to 2000 points after my post of January 21, 2012 and made high of 57450. Now it’s time to offload your long positions on every rise because some technical indicator has been reached in overbought conditions that are suggesting 58800-60000 can act as reversal areas and very short term correction can’t be ruled out so be a smart trader and book profits as per your satisfaction and keep visiting us for more jackpot entries. Wishing you all profit full week ahead. 

Copper rose 35 points after my suggested entry on November30, 2011 and made high 430.25 on Friday our 1st target of 430 successfully reached so it’s time to book some profit in copper also and keep 414 as final stop loss for our 2nd and 3rd targets for remaining quantity. 

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