CLOSING COMMENTARY FOR SEPT 17 THURSDAY

Silver dollar went up initially but unable to sustain

above 17.50$. Prices still in positive zone above 17$.

A negative close and break down tomo could have

prices correcting till 16.5$ mark.

Silver prices in MCX had a range bound between 27500 -

28000. A break below 27500 - 27300 could be in

correction mode till 26500 levels. Prices have strong

res of 28000. Sup seen around 27300 - 27000.

Caution advised on longs.