CLOSING COMMENTARY FOR JULY 29 WEDNESDAY

Silver prices fell for the seconf day from its strong res

of 14$. Prices moved away from its medium term bullish

trend and correction taking place. Strong sup seen

around 13.20$. Prices could test upto 12.60$.

Buying can come at these levels.

Silver prices came down heavily from its strong res

of 22800 and corrected till 21800 levels. Silver has

strong sup around 21800 levels and a break and close

below these levels could take it more downside till

21500 - 21300.

Buying can be seen around these prices.