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Friday, September 18, 2009

CLOSING COMMENTARY FOR SEPT 18 FRIDAY

Silver dollar seems could correct a bit. Prices have very

strong sup of 17$ and a break and close below could test

prices of 16.50$. A break and close above 17.50$ only

could be positive again.

Overall hope correction could come.

Silver prices in MCX seems weak below 27500 levles. As

we expected selling came at strong res of 28000. Prices

still to correct for 27000 - 26500 levels. Sell on rise

advised with stops above 27650 levels. Hope prices can

correct to lower levels.

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