JULY 8 TUESDAY
SHORT TERM TREND : SIDEWAYS: TARGET RS 24860 TO 25516
LONG TERM TREND : BULLISH : TARGET RS 27300
S1 RS 25080, S2 RS 24860, S3 RS 24680
R1 RS 25516, R2 RS 25670, R3 RS 25840
MARKET IS EXPECTED TO MOVE SIDEWAYS
On the Nymex September Silver fell 45 cents to
$ 17.92 an ounce .
Following the dollar's retreat, crude-oil futures also pared
their early losses of nearly $6 a barrel in late afternoon
trading Monday.
Crude for August delivery had dropped $5.79 earlier in the
day to an intra-day low of $139.50 a barrel on New York
Mercantile Exchange. But futures pared their losses
and were last down $2.39, or 1.6%, to $142.90 a barrel
in late afternoon trading.
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