UPDATES

TECHNICALS FOR DECEMBER 23

MCX MARCH SILVER

SHORT TERM : SIDEWAYS

LONG TERM : BULLISH

SUPPORTS : 17530, 17380, 17160

RESISTANCES :17880, 18060,18180

WAIT FOR CONFIRMATION.

March silver futures rose slightly to $10.86 an ounce.

Silver was range bound between $ 11.06 and $ 10.91

during Asian trading.

The metal bounced between $ 10.79 and $ 10.95 in

Newyork before settling at $ 10.85 at the close.

Support and resistence are at $ 10.91 and $ 11.14

respectively.

Silver for March expiry under MCX might see support at

Rs 17580 levels and resistence can be seen at Rs 18080

levels.