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Monday, September 14, 2009

CLOSING COMMENTARY FOR SEPT 14 MONDAY

Silver dollar dropped today may be a profit booking.

Prices seems unable to hold above 16.60$. Prices

seems could test and close below 16.30$. Prices

still in overbought zone and bit correction is

expected.

Silver prices in MCX also dropped with open low. Prices

came till strong sup of around 26400 levels. Prices below

26400 could correct till 26000 and a close could take

prices till 25500. If buying then can buy above 26800

with sl.

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