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Tuesday, September 1, 2009

CLOSING COMMENTARY FOR SEPT 1 TUESDAY

Silver dollar dropped after testing its strong res of

15$. Prices range bound with positive bias. A break

and close above 15$ could be more positive till

15.50$. Sup seen around 14.50$ - 14.40$ .

Silver prices in MCX came down testing strong res of

24400. This prices seems very strong res and a break

above this could be more positve till 25000. Strong

sup seen around 24000 - 24100 levels.

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