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Sunday, February 19, 2017

SILVER UPDATES FOR FEB 19 2017

SUNDAY



WEEKLY UPDATE



Silver in international market last week moved from 17.5$ to hit a high of 18.09$ but was



not able to sustain at higher levels and dropped to close at 17.98$,immediate supports



for the commodity falls at 17.8$ and resistance at 18.1$, sustains below 17.8$ we expect



correction up to 17.5$ in the days to come sell only below 17.8$ is advisable.




Weekly Call :




Sell Silver only below 17.8$



and add further on rises up to 17.9$



with SL above 18.1$



for target 17.5$.




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Friday, February 17, 2017

SILVER UPDATES FOR FEB 17 2017

FRIDAY 12.20 PM IST



TRADING CALL



Sell SilverM at 42870 - 42910




SL above 43060




Tgt 42720 - 42600,





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Thursday, February 16, 2017

SILVER UPDATES FOR FEB 16 2017

THURSDAY




TRADING LEVELS FOR MORNING SESSION



MCX SILVER




SUPPORT 1 42296



SUPPORT 2 42041



SUPPORT 3 41795




RESISTANCE 1 42906




RESISTANCE 2 43182



RESISTANCE 3 43431



WAIT FOR CONFIRMATION .





International Silver currently trading at $ 17.998




more positive on a hold above $ 18



Could move even up to $ 18.20




Support now seen at $ 17.7



In the Mcx currently trading at Rs 42750



Resistance seen at Rs 42900 / 43000



Buy on dips is advisable .




We will keep updating in our blog .



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