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Sunday, December 21, 2014

SILVER UPDATES FOR DEC 21 2014

SUNDAY



WEEKLY UPDATE


Silver in international market last week dropped to 15.5$ and then recovered back


to test 16.1 on closing , prices is expected to trade range bound strong resistance


for the commodity is now at 16.5$ we expect prices to give a positive move in the


first part of the week and correction may take place in the second session .


Over all trend for the commodity remains bearish and sell on rises is the best bet.



Weekly Call :



Sell Silver on rises between 16.3 - 16.5


with stops above 16.8


for targets 15.8 and 15.5$.


Wednesday, December 17, 2014

mcx silverm t2 ach at 36350 sells at 36870-90..book full profits
mcx silverm t1 ach at 36550, cmp 36500, sells at 36870-990